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

To: Pluvia who wrote (26876)	4/27/1999 11:59:00 AM
From: Ritch D	Respond to of 37507

Latest share numbers are around 51 mm total...float around 48 mm

To: Pluvia who wrote (26876)	4/27/1999 12:03:00 PM
From: Rajiv	Read Replies (1) \| Respond to of 37507

Steve, From the registration filing dated April 15 (http://www.edgar-online.com/auth/edgardoc/DocMain.pl?doc=A%2D1079171%2D0000950130%2D99%2D002213&coname=BID%20COM%20INTERNATIONAL%20INC&ftype=20FR12B/A&fds=&fdate=1999%2D04%2D15%2014%3A03%3A00&fdfmt=Apr%2015%201999&cik=1079171&nf=1) - As of April 14, 1999, there are 49,594,468 Common Shares outstanding. Of these shares, approximately 46,437,622 Common shares will be freely tradable immediately upon the effective date of this Registration Statement, excluding those shares held by "affiliates," as defined in rule 144 ("Rule 144") under the Securities Act. Shares held by affiliates and the remaining outstanding Common Shares may be sold from time to time in accordance with Rule 144 (such shares being referred to herein as "Restricted Shares") or, if applicable, may be sold in accordance with Rule 701 (as defined below). In addition, as of April 14, 1999, there were outstanding options and warrants to purchase an aggregate of 1,396,896 Common Shares. Regards. Rajiv

To: Pluvia who wrote (26876)	4/27/1999 12:04:00 PM
From: donkeyman	Read Replies (1) \| Respond to of 37507

I thought BID.COM had about 38 million shares on the loose. Some of those shares held by management cannot be sold until down the road. Would I be correct on that? What's interesting about BID.COM shares is 99% of US Internet auction companies are owned by Americans. In the case of BID.COM, there may only be 17 or 18 million shares up for grabs for Americans, maybe Canadians are holding down 20 million and they may not be for sale at this time, looking at other auction graphs like UBID, EGGS AND ONSALE, the big rise in those shares happened a couple of weeks onto the Nasdaq. I'm only surmising, I don't really know.