Airbomb (ABOM) on the OTCBB!!!
Airbomb.com Inc.
12/5/00 - Trading To Commence On OTC/BB
AIRBOMB.COM INC ("AIR-V;ABOM-L") - Trading To Commence On OTC/BB
Airbomb.com Inc. is pleased to announce that it has been cleared by the NASD to have its common shares quoted on the OTC Bulletin Board under the symbol "ABOM".
The OTC Bulletin Board ("OTCBB") is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) equity securities. OTCBB securities include national, regional, and foreign equity issues, warrants, units, American Depository Receipts (ADRs), and Direct Participation Programs (DPPs).
"Management of airbomb are pleased to have completed this milestone in the Company's development," said David Houston, President. "We are of the opinion that the United States capital markets are more favourably diposed to investing in these types of companies," he continued. "This listing should increase the liquidity for the Company's shares and allow us to broaden our shareholder base," Mr. Houston concluded.
About Airbomb.com Inc.
Airbomb.com Inc. is an internet retailer and distributor of mountain bikes and related parts and accessories. The Company is unique because it has developed strong relationships with some of the largest component manufacturers in Asia and North America. Selling products direct from the manufacturers to the consumers and retail dealers at wholesale prices or less allows Airbomb.com customers significant price advantages over the competition.
According to the World Market Report International Bicycle Statistics, 1999 Interbike Directory, the United States retail market for bicycles and related parts and accessories is approximately USD $5.4 billion and USD $25 billion globally.
In May of this quarter, Airbomb.com re-domiciled from the Province of British Columbia to the State of Delaware. Airbomb.com Inc. is now a United States incorporated company. Dislcosure of the Company's activities can be found in the "Investors" section at www.airbomb.com. |