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Microcap & Penny Stocks : CBQ Inc CBQI -- Ignore unavailable to you. Want to Upgrade?

To: Due Diligence who wrote (435)	5/12/1999 5:14:00 PM
From: Ga Bard	Read Replies (2) \| Respond to of 1101

yep getting tighter and tighter though ... Patiently waiting. :-) GB

To: Due Diligence who wrote (435)	6/15/1999 9:30:00 AM
From: Due Diligence	Read Replies (3) \| Respond to of 1101

(PR Wires) DJ: CBQ, Inc. Focuses On the World Oil & Gas E-commerce Mark DJ: CBQ, Inc. Focuses On the World Oil & Gas E-commerce Market FORT WORTH, Texas--(BUSINESS WIRE)--June 15, 1999--CBQ Inc. (OTC BB:CBQI) announced today that it has launched an aggressive initiative targeting major oil and gas companies worldwide. CBQ, Inc. focuses on the world oil & gas e-commerce market. Gaining from extensive experience and the ongoing contacts of Global Logistics Partners, LLC, CBQ's recent merger partner has set out on an aggressive marketing and sales initiative to integrate Bid4it as the vehicle of choice for this multi-billion dollar industry. CBQ management continues to work closely with a number of majors to implement an effective method for not only disposing of surplus and used equipment, but as a purchasing mechanism for new equipment. CBQ's president, Rick Williamson comments, " We are overwhelmed by the response to Bid4it in the oil and gas industry. It is a huge vertical market and a perfect fit for CBQ's Business to Business e-commerce initiative. Individual Web sites have not proven to be an effective selling tool since the majors cannot offer a complete product line in their surplus inventories. The creation of the Bid4it virtual community will build a complete inventory base by combing the available surplus worldwide." In addition to the petroleum, CBQ has on going discussions in food, media, clothing and several international markets. The CyberMarketMaker technology is a dynamic system that adjusts product pricing in response to the market, much like the securities industry. Selling in quantity at the B2B level is more conducive to market trends than at the consumer levels. ABOUT CYBERQUEST CyberQuest Inc., a wholly owned subsidiary of CBQ, Inc. (OTC BB:CBQI) is the developer of www.bid4it.com, a virtual, Internet-based marketplace based on the principles of securities trading. bid4it is a completely automated electronic marketplace that produces a "true" market price of products based on the open market interaction between bidders and sellers. Bidders electronically bid ("Bid") on desired products and may modify or delete their bids at any time before the Bid matches a Sellers "asking price" ("Ask"). The Seller may accept any Bid at any time and may modify or delete their Ask at any time before it matches a Bid. bid4it allows sellers to compete in a worldwide market for the buyers of all types of products. CyberQuest's CyberMarketMaker(TM) integrates the best features of securities trading and an auction market. Bidding activity is continually analyzed and asking prices moved up or down in response to market activity. When a "bid" and "ask" match, the transaction is electronically completed, and the product is ordered and shipped to the buyer with instant notification to all parties. For more information about CyberQuest visit www.bid4it.com (bid4it Web site) and www.cbq.com (Corporate Web site). This press release includes forward-looking statements related to CBQ, Inc. that involve risks and uncertainties, including, but not limited to, quarterly fluctuations in results, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect CBQ's future results, please see the Company's filings with the Security and Exchange Commission (the "Commission"). Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual results may differ materially from management expectations. CONTACT: CBQ, Inc., Fort Worth Chris Davis, 817/737-6100 E-mail: cdavis@cbq.com 09:08 EDT JUNE 15, 1999 * end of story *