To: Shell Searcher who wrote (1 ) 12/29/1998 9:56:00 PM From: Shell Searcher Read Replies (2) | Respond to of 1101
Tuesday December 8, 3:58 pm Eastern Time Company Press Release CBQ, Inc. Announces Its New Quotation Symbol and One for Four Reverse Split DALLAS--(BUSINESS WIRE)--Dec. 8, 1998--CBQ, Inc., (OTC BB:CBQI), formerly Freedom Funding, Inc. (OTC BB:FMFD), today announced that it has received from NASDAQ its new quotation symbol. Its new CUSIP No. is 12488S104. Its planned reverse one for four (1:4) common share split has been effected. All further references are to post-split shares. CyberQuest Inc., a wholly-owned subsidiary of CBQ, Inc., headquartered in Dallas, Texas, and proprietor of www.bid4it.com, is a full-service Internet development company. CyberQuest develops, implements and maintains creative E-Commerce WebSites. Using patent-pending proprietary software, CyberQuest has created a virtual Exchange marketplace based on the principles of securities trading. Unlike web auction sites, bid4it is an electronic marketplace responding to supply and demand where, in a free market, the asking price floats to a natural price point based on the interaction between Bidders and Sellers. Bidders bid on desired products and may modify or delete their ''bid'' at any time before it matches the Seller's ''ask'' (asking price). Sellers place confidential, competing ''asks'' for popular products. The Seller may accept any ''bid'' at any time and may modify or delete their ''ask'' at any time before it matches a ''bid.'' Our patent-pending CyberMarketMakerâ„¢ software continually analyzes bidding activity and moves asking prices up or down in response to market activity; evaluating all criteria of a bid and ask before creating a match and an order. Note to Editors: bid4it, CyberMarketMaker are trademarks of CyberQuest, Inc. CyberQuest sub-licenses the bid4it software and related technologies to interested parties. NOTE: All trademarks are the property of their respective owners. This press release includes forward-looking statements related to CBQ, Inc. that involve risks and uncertainties, including, but not limited to, quarterly fluctuations in results, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the ''safe-harbor'' provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect CBQ's future results, please see the Company's filings with the Security and Exchange Commission (the ''Commission''). Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual results may differ materially from management expectations. For more information about CyberQuest visit: www.bid4it.com (bid4it WebSite) www.cbq.com (Corporate WebSite) Contact: CyberQuest, Inc., Dallas Michael Sheriff, 888/378-3162 or 972/732-1100 Fax: 972/732-1169 sheriff@cbq.com