Bid.com International (BIDS) Message Board

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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: Colin who wrote (11477)	3/13/1999 9:07:00 AM
From: RG	Read Replies (1) of 37507

Here is a message off of the Yahoo BII board. Someone called BII to ask a few important questions. These are the answers they got. Very interesting! >>>Answers From The Company by: Luckyspr 974 of 1079 The following is a list of questions we discussed: 1/Why were the Revenue figures ONLY slightly higher between 3rd and 4th quarter? 2/If the stock price stays at $6.00Can are we going to the Nasdaq National Board or not at all? 3/How many outstanding shares are there and what is the current float of shares? 4/Who are the Market Makers going to be for the Nasdaq listing if it's approved? 5/What will the share structure be with the three different exchanges (TSE, Dax, and Nasdaq)? ANSWERS FROM THE COMPANY BELOW: 1/They sacrificed some on Revenues for higher margins which they feel is better for the company. 2/They are going after the Q board listing Small Cap. They meet or exceed all the requirements. This is not the over the counter. 3/Outstanding shares are 50M and current float around 40M. 4/There will be 4 Market Makers (Household Names but could not disclose the information) 5/Shares are traded electronically so the full float is accessible by all three exchanges. We discussed a few other points: 1/Adam Adamou, an analyst with Taurus Capital Markets LTD: This analyst has never discussed Bid's business with management so in my opinion his sell recommendation is meaningless. 2/They are going to investigate who the analyst on Yahoo is and get back to me biz.yahoo.com. They had never agreed to a 0.72 loss and this was the first they heard of it. 3/ The only analyst that has talked to the company is Paven from Yorkton (not exactly sure on the spelling of the name). I hope this helps everyone. Instead of speculating call the company and get it from them. They are more than willing to answer your questions. IMHO this is an excellent company. -- Steve -------------------------------------------------------------------------------- Posted: Mar 11 1999 1:43PM EST as a reply to: Msg 970 by Luckyspr Replies: View Replies to this Message

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