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


To: Denise D who wrote (8737)2/4/1999 2:16:00 PM
From: Sili Investor  Read Replies (1) | Respond to of 37507
 
>>>Btw, I don't watch the market all day.<<<

No, that would be me. Also explains why I have no fingernails left!



To: Denise D who wrote (8737)2/4/1999 2:26:00 PM
From: Sili Investor  Read Replies (1) | Respond to of 37507
 
>>>Don't you think this might be a bit of a stretch to positively affecting BII?<<<

Interesting thought, isn't it. Don't know why Sy198 would think that way from the posting, but let's humor him.

OK, DGJLF has a market cap of $40M U.S. What BII would need to do is go to market with another financing of 10M shares @ $7 each. This would allow for purchase of DGJLF. Ofcourse, they could just provide them with shares, say 10M BII shares, or maybe even 15M to sweeten the pot.

Now, what does that give BII?

1) A Nasdaq listing, presumably National once that is approved.
2) Rights to Perfumania sales in Canada.
3) Home shopping type vehicle immediately through the jewellry angle.
4) Access to potential jewellry market in North America through arrangements setup by DGJLF.
5) Additional revenue of approx. $30M per year.

Interesting, but not very likely IMO. But, who knows?



To: Denise D who wrote (8737)2/4/1999 2:47:00 PM
From: Syl98  Read Replies (1) | Respond to of 37507
 
I think your don't see the strategy being this thing.
You think Godin was not advise prior to there NASDAQ strategy
Give me a break,it's is obvious!!!!!
Or my name is Dumbo!