FEDORA IND. INC. (V.FED) Message Board

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Technology Stocks : FEDORA IND. INC. (V.FED)

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To: Goalie who wrote (50)	2/17/2000 11:51:00 AM
From: Goalie	Read Replies (1) of 54

Fedora News release! Fedora shareholders approve name change to Airbomb Fedora Industries Inc FED Shares issued 1,139,087 Feb 16 close $1.50 Wed 16 Feb 2000 News Release Mr. David Houston reports All the resolutions considered by Fedora shareholders at the extraordinary general meeting held Feb. 16 were passed. The company now has the approval to change its name to Airbomb.com Marketing Ltd. The new name should be effective in a few days at which time the stock will trade under the new symbol AIR on the Canadian Venture Exchange. The shareholders have also approved the company's continuance from British Columbia to the state of Delaware. The company expects to proceed with this continuance as soon as possible. Airbomb.com is an Internet retailer www.airbomb.com of sporting goods, primarily bicycles and related parts and accessories. The company markets products acquired from a variety of suppliers at discount prices. The company also distributes its own "airbomb" line of products, which are products acquired at a significant discount from established manufacturers and labeled with the company's airbomb private label. The company is also gaining market acceptance with current co-branded products. The retail market in the United States for bicycles and related parts and accessories is approximately $5.4-billion (U.S.) and globally is $25-billion (U.S.). The company has launched a second Web site, www.sunbomb.com, where it markets over 35 top brands of sunglasses comprising between over 1,000 models at extremely competitive prices while offering comprehensive selection and prompt shipping. The size of the premium sunglass market is over $1.5-billion (U.S.). (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com

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