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

To: keith schaefer who wrote (472)	7/9/1998 11:42:00 AM
From: twentyfirstcenturyfox	Read Replies (1) \| Respond to of 37507

Hi Keith, I dont know the details of the AOL option. I am sure, though that (a) it was needed for Bid.com to get into bed with them and (b) would you be worried to invest in a company, that,say, was 51% optioned by Microsoft or whomever biggie you care to pick? <Not I said the fly>. I will try to get details from Prez. Paul Godin or the Yorkton Guy, (who thinks it is a plus, too). Anyone on the thread that acquires this info - please post it. Thanks, Don.

To: keith schaefer who wrote (472)	7/9/1998 12:19:00 PM
From: Obie	Respond to of 37507

Hi Keith, Don: <<What are the implications of AOL being able to buy 51%? I love the company but I see this as a negative>> I believe a news release in February covered this saying that AOL had decided not to exercise this option. Keith, you are right when you see the AOL control as a negative. Unfortunately, this was the beginning of the decline in stock price for ILI as investors took this good news to be bad news (ie. AOL had no more faith in the company). Check out the BBS site for a back dated issue of BYTES where Laurel explains this quite well. Regards, Obie. Internet Liquidators International Inc. 5915 Airport Road, Suite 330 Mississauga, ON L4V 1T1 Tel: 905-672-7467 / Facsimile 905-672-5705 Website: www.internetliquidators.com INTERNET LIQUIDATORS INTERNATIONAL INC. RELEASED FROM OPTION BY AMERICA ONLINE TORONTO, ONTARIO - Internet Liquidators International Inc. (TSE Symbol: ILI) announced today that, effective February 15, 1998 a multi-stage special warrant and control option agreement between ILI and America Online, Inc. expired, allowing ILI to cancel subsequent warrant tranches. AOL continues to be a minority equity shareholder in ILI. "We are very pleased that ILI shareholders are no longer subject to the potentially dilutive effects of millions of AOL warrants, while at the same time we continue to enjoy the massive advertising exposure generated by our long-term contractual arrangement with AOL Networks. The AOL audience is a foundation that we will be building on for years", said Paul Godin, President & CEO of Internet Liquidators International (ILI). According to Fred Singer, Senior Vice-President of AOL Studios and ILI Board member, "The complexity and pricing of the original warrant deal, negotiated 1« years ago, did not serve either party well in today's context. We believe that ILI continues to be ideally positioned to exploit the growth in this very large category." All other contractual agreements with AOL remain in place. # # # For further information: Paul Godin, President and CEO of Internet Liquidators International Inc. (905) 672-7467

To: keith schaefer who wrote (472)	7/16/1998 8:29:00 AM
From: Steve2	Read Replies (1) \| Respond to of 37507

Bid.Com to start trading Friday under BII (TSE) Internet Liquidators International Inc - Internet Liquidators International Inc ILI Shares issued 21,023,000 1998-07-15 close $1.55 Thursday Jul 16 1998 See Bid.Com International Inc (BII) New Listing TSE Bulletin 98-1142 Internet Liquidators International has changed its name to Bid.Com International Inc. At the opening on Friday, July 17, 1998, trading will continue in the company's common shares under the new name, new stock symbol and Cusip number listed below. Symbol: BII Cusip No: 088788 10 4 (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)