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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: zwing_88 who wrote (35253)9/15/1999 1:35:00 PM
From: GoNorth  Respond to of 37507
 
zwing, Point2 is simply operating as an agent. Unless they use for very creative accounting (and I mean VERY) they will not be able to plug the $2M figure.
PS: interesting article in the National Post today on the Accounting topic. Check it out. www.nationalpost.com It's in the Financial Post section of the site.

>>As BIDS owns 51% of Point2, they will get the whole $2 million in sales if they choose to account for the sales in that manner