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

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To: Pluvia who wrote (26876)4/27/1999 12:03:00 PM
From: Rajiv  Read Replies (1) of 37507
 
Steve,

From the registration filing dated April 15 (http://www.edgar-online.com/auth/edgardoc/DocMain.pl?doc=A%2D1079171%2D0000950130%2D99%2D002213&coname=BID%20COM%20INTERNATIONAL%20INC&ftype=20FR12B/A&fds=&fdate=1999%2D04%2D15%2014%3A03%3A00&fdfmt=Apr%2015%201999&cik=1079171&nf=1) -

As of April 14, 1999, there are 49,594,468 Common
Shares outstanding. Of these shares, approximately 46,437,622 Common shares will
be freely tradable immediately upon the effective date of this Registration
Statement, excluding those shares held by "affiliates," as defined in rule 144
("Rule 144") under the Securities Act. Shares held by affiliates and the
remaining outstanding Common Shares may be sold from time to time in accordance
with Rule 144 (such shares being referred to herein as "Restricted Shares") or,
if applicable, may be sold in accordance with Rule 701 (as defined below). In
addition, as of April 14, 1999, there were outstanding options and warrants to
purchase an aggregate of 1,396,896 Common Shares.

Regards.
Rajiv
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