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Technology Stocks : eBay - Superb Internet Business Model

EBAY 81.68

-1.4%

Nov 4 3:59 PM EST

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To: Urlman who wrote (7613)	2/23/2008 4:57:55 PM
From: Old Stock Collector	Read Replies (2) of 7772

Auctions are NOT contractually binding! In fact auctions are not even a contract. I found out the hard way, it had gotten me into trouble selling on ebay and it cost me about $100,000 to get me out of trouble. Does ebay do any thing to help sellers out of trouble? NO! They keep letting sellers offer items for sale that ebay knows is illegal. If you don't know what I'm talking about look for Florida land for sale on ebay. It is illegal to sell land in Florida for under $50,000 unless The State of Florida has approved your land to be sold. To get approval you must pay some government employee a plane ticket & hotel stay to look at your land. It is also illegal to sell land located any where outside of Florida to any person living in Florida, again you would have to pay a plane ticket & hotel stay before you get permission to sell your land. So it is illegal to sell land on ebay that is located in Florida or to sell land located outside of Florida to anyone located in Florida with out getting permission from the State. Florida Chapter 498 Division of Land Sales The State tried to get me for $4 million for $300K in sales. By the way I was selling land for $2k to $17k. When I was talking to the investigator I said to him, what you are telling me is it was illegal for me to sell land for $2k but if I sold the same property for $50k or more it is ok? He said that is correct. I said that is idiotic & stupid, what is the reasoning? He said if someone is dumb enough to buy that same land for $50k or more than that is stupidity on them. I said the law should be the other way around because if someone bought something for $50k when it could be bought for $2k then the person selling at $50k is ripping off the buyer. If you get caught selling FL land on ebay the State is going to try to fine you $40k for each property sold, $10k for the offering, $10k for the sale, $10k for not having an approved FL contract and another $10k for another reason.

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