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To: Bernard Ng who wrote (79202)	2/6/2001 11:26:58 AM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

INQU news re spin offs.. i-Incubator Announces February 13, 2001 as X Dividend Date for the Spin Off of Its Subsidiaries Common Stock MIAMI, Feb 6, 2001 (BUSINESS WIRE) -- i-Incubator.com, Inc. (OTCBB:INQU) is pleased to announce that a "X" Dividend date of February 13, 2001 has been set for the spin off of its four wholly owned subsidiaries, i-CarAuction.com, Inc., i-Teleco.com, Inc., i-Aerobids.com, Inc. and i-AntiqueAuction.com, Inc. as well as its shares of its subsidiary i-RealtyAuction.com, Inc. and its 1,500,000 shares of Wealthhound.com, Inc. (NQB:WLTH). All i-Incubator shareholders at the close of February 13, 2001 will receive a distribution of the Subsidiaries common stock. In addition, all shareholders who purchase shares of i-Incubator prior to February 13, 2001, shall receive a distribution of the Subsidiaries shares if the trade settles prior to February 16, 2001. The shares will be distributed to the shareholders in the following manner: 1. i-RealtyAuction.com, Inc.-.1439 shares for each i-Incubator share owned; 2. i-Teleco.com, Inc.-.7810 shares for each i-Incubator share owned; 3. i-AntiqueAuction.com, Inc.-.4111 shares for each i-Incubator share owned; 4. i-Aerobids.com, Inc.-.4111 shares for each i-Incubator share owned; 5. i-CarAuction.com, Inc.-.4111 shares for each i-Incubator share owned; and 6. Wealthhound.com, Inc.-.062 shares for each i-Incubator share owned. Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties, and events that may be beyond the control of i-Incubator.com, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain, and successfully complete projects, the availability of technical personnel, changes in technology, and competition. For purposes of disclosure, the Company has received assistance in the drafting of this news release by the Company's shareholder relations agent, who receives three-thousand dollars on a month-to-month basis for providing such shareholder relations services. CONTACT: i-Incubator.com, Inc., Miami Jamee Freeman, 305/358-3678 URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2001 Business Wire. All rights reserved. -0- KEYWORD: FLORIDA INDUSTRY KEYWORD: BANKING REAL ESTATE AUTOMOTIVE E-COMMERCE TELECOMMUNICATIONS