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

To: donkeyman who wrote (5060)	1/9/1999 1:40:00 PM
From: F. Evans	Respond to of 37507

I may be wrong but wouldn't any split or roll-back have to be approved by shareholders through a vote?? Comments? Not to say that is the way to go because I truly believe that they can sustain their target the way this thing is going. If they get a huge American house supporting them with an on the side agreement to allow that house to do their Nasdaq IPO then sustaining the price won't be a factor.....catch is now we have to start watching which American house is doing a lot of buying. Just my opinion.....anyone? Frank

To: donkeyman who wrote (5060)	1/9/1999 3:34:00 PM
From: the Chief	Read Replies (2) \| Respond to of 37507

If one held 2000 shares of BID.COM at a price of Cdn.$5.50/share and BID.COM decided to double the price to Cdn.$11.00/share but reduce your 2000 down to 1000 shares, wouldn't that be a fast track to the NASDAQ? yes, it is called a reverse split. When Zoom entered the NASDAQ their IPO price range was raised to US$12.00/sh. to US$14.00 from US$9.00/sh. to US$11.00/sh. and its size had been raised to 4 million shares from 3 million shares. So it seems a company can manipulate its shares going on the NASDAQ.??? For example, when UBID entered the NASDAQ, didn't they control the number of shares they put on the NASDAQ and held back so many??? Those are IPO(Initial Public Offerings) formats where a brokerage, not the company, can shift the price based on demand! This is not what will happen to bid.com! Waldo has been furnishing some numbers that appear to be useless. But keep track of the number of shares he says are already in US hands...those will be the only shares traded when Bid.com gets there listing inthe US!!! the Chief