To: InAndOut who wrote (72715 ) 4/30/1999 3:36:00 PM From: DanielleC Read Replies (1) | Respond to of 119973
Worlds Largest Online Movie Poster Store to Open On Sales OnLine Direct April 30, 1999 03:18 PM WORCESTER, Mass.--(BUSINESS WIRE)--April 30, 1999--Sales OnLine Direct, Inc. PAID announces it has been awarded a $10,000,000 original movie poster consignment. The world's largest movie collection will be sold through three of Sales OnLine Direct's divisions. The first part of the collection will be made available through an online storefront. Items will range in price from $10.00 to $250,000. All the movie posters are original, dating from the early 1920's to the late 1960's. The collection is expected to fetch as much as $10,000,000. Sales OnLine Direct will receive a 20% commission on sales, which it expects could result in $2,000,000 in revenues. More information will be released about the collection and some of the major titles as we get closer to the store launch date. Sales OnLine Direct is also pleased to announce that the Mastro Fine Sports Auction has completed the first half of the two day auction with astounding results. The auction is currently over $5,000,000. Results will be published on Monday, May 3rd, 1999 by item. This announcement follows Sales OnLine Direct's announcement of its acceptance into agreements with; K-Tel International Inc. KTEL , Amazon.com Inc. AMZN , Dell Computer DELL , Cyberian Outpost COOL , Borders GRP BGP , Sharper Image SHRP . 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 expectations and assumptions will prove to have been correct.