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Microcap & Penny Stocks : Securities Resolution Advisors, Inc (PAID) -- Ignore unavailable to you. Want to Upgrade?

To: Kat who wrote (84)	2/1/1999 6:24:00 PM
From: Kat	Read Replies (1) \| Respond to of 135

This is an interesting press release: SECURITIES RESOLUTION ADVISORS INC. EXECUTES DEFINITIVE AGREEMENT TO ACQUIRE INTERNET AUCTION INC. PORT WASHINGTON, N.W. ---Feb. 1, 1999---Securities Resolution Advisors Inc.(OTC BB:SRAD)("SRAD") announced today it has executed a definitive agreement to acquire 100% of the issued and outstanding shares of Internet Auction, Inc. ("Auction") in exchange for eighty percent of the issued and outstanding shares of the Company. The closing of the acquisition is scheduled for February 25, 1999. Upon closing of this transaction, the company intends to apply for a name and symbol change. The proposed name will be Internet Auction, Inc. Following the closing date; Auction's management will assume the management of SRAD. Internet Auction, Inc. offers a popular person-to-person trading community on the internet, wherein sellers list items for sale and buyers are able to browse for items which are topically arranged and bid for the item through a fully automated, easy to use online service. The website is located at www.Auctioninc.com. In addition Auction has been offered selected merchandise on an outsource fulfillment basis. Auctions services are in competition with other Internet companies such as eBay Inc(Nasdaq:EBAY), uBid Inc.(Nasdaq:UBID),ONsale Inc.(Nasdaq:ONSL),Excite Auction(Nasdaq:XCIT),and Yahoo Auction(Nasdaq:YHOO). This release contains forward-looking statements with the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, Although the Company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable it can give no assurance that such expectation and assumptions will prove to have been correct. See the Company's Annual Report on form 10K-KSB for additional statements concerning important factors such as demand for products, manufacturing costs, and competition that could cause actual results to differ materially from the Company's expectation. CONTACT: Securities Resolution Advisors, Inc., Dean Curry Director of Marketing 1-800-501-7171 KEYWORD: NEW YORK BW 1261 FEB 01,1999 6:50 PACIFIC 09:50 EASTERN