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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Johnny LaRue who wrote (24518)4/22/1999 4:27:00 PM
From: SirVinny  Read Replies (1) of 37507
 
Why are some saying AOL sold shares. This is from SEC filing last week:

From SEC Filings April 15th/1999

financialweb.com

(1) Includes an aggregate of 940,000 Common Shares subject to options and
warrants exercisable within 60 days from the effective date of this Registration
Agreement held by certain directors and executive officers.

(2) Does not include: (i) any Common Shares held by HDL Capital Corporation
("HDL"); Mr. Bulger is an officer and principal of HDL; (ii) 1.0 million Common
Shares purchased by AOL; Mr. Singer is senior vice president of AOL Studios, a
division of AOL; (iii) 1.5 million Common Shares and a warrant to purchase
100,000 Common Shares purchased by Rogers Media; Mr. Abramsky is an officer of
Rogers Media; (iv) 25,000 Common Shares held by Terri Pamenter, David Pamenter's
wife; (v) options granted to Paul Hart to purchase 50,000 Common Shares which
options have not yet vested (vi) options granted to James I. Moskos to
purchase 25,000 Common Shares which options have not yet vested; and (vii)
options granted to Robert Joynt to purchase 5,000 Common Shares which options
have not yet vested. See "Directors and Officers of Registrant" and "Interest of
Management in Certain Transactions."
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