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Technology Stocks : 2TheMart.com TMRT

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To: ilh1 who wrote (195)3/24/1999 11:23:00 PM
From: ilh1  Read Replies (2) of 1494
 
Lets not forget that TMRT is already fully funded:

2TheMart.com Inc. Finalizes $3.2 Million Funding in Preparation for Competition With eBay as an Internet Auction Site

IRVINE, Calif.--(BUSINESS WIRE)--Jan. 20, 1999--2TheMart.com Inc. (Nasdaq:TMRT - news; the ''company'') Wednesday announced that it has received $1.7 million in cash and commitments for an additional $1.5 million from the sale of shares pursuant to a private placement.

The funds will be utilized to fund 2TheMart.com's business plan, acquisitions, strategic alliances and working capital.

2TheMart.com's business strategy is to launch its E-commerce and person-to-person trading community Auction Website.

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