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


To: F. Evans who wrote (9016)2/7/1999 5:09:00 PM
From: Ruyi  Read Replies (2) | Respond to of 37507
 
""your findings have in fact been disputed"" but not proven wrong!!

The phoney post you referred to is the second one I know of , on FRIDAY some idiot did the same thing on stock house.

This excerpt taken from BII 3rd qtr filings.

The company's balance sheet reflects the closing of three equity financings United States and Europe. These financings, from new distribution partner, Rogers Media and from financial institutions, provided more than $13-million in gross proceeds to Bid.Com.

What it doesn't say is $6 mill. plus of gross proceeds is future advertising BII is receiving from Rogers, NOT CASH as payment on shares but rather promotion of BII on Rodgers.