Sunday, July 08, 2007

THE "Form D" ~ RBID.COM, Inc.

Lex Luthor NOW has a copy of the public document that has the earmarkings of a private document. It's difficult to get, time consuming, is NOT free, the CEO will not discuss or acknowledge it The following document IS public information and was furnished to the SEC to inform all parties that the company, RBID, plans and has begun to sell common stock to raise capital. It has been my experience that documents like these are easily available either electronically through companies like Edgar, or a press release is issued with a description of the filing. In this case, Edgar had no record available for electronic viewing, and a very concise public sentence was issued in the beginning of June that mentioned a RegDex filing. This is how many of us, investors learned of it; if you really wanted to view it, you had to contact the SEC and pay for a copy resulting in about a 3 week wait. This is what I had to do: pay and wait for a public document from the company I invested in that has the money to provide Level II quotes on Pink Sheets, but cannot afford to post a public company document.

Another very odd and perplexing phenomena is the disappearance of the press release or the NOTIFICATION about the RegDex! Had I never seen it, I would have never written any of this because it would have all been buried as far as I knew. I have checked numerous sites and that PR has vanished. How? Why? The copy of the 504 in my hand has not vanished and I have taken precautions to make sure nothing strange happens to MY copies!!

The following posts on X-Xxb discuss the RegDex filing:
Many are opinions only.

Date:6/11/2007 12:55:17 PM
Post #of 3756

RegDex was filed on 2007-05-29. I'm sure there are enough shares to go around
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Date:6/12/2007 2:50:33 AM
Post #of 3756

The filing Mentions REGdex form was filed, have you not seen it yet ?

REG D =
A Securities and Exchange Commission (SEC) regulation governing private placement exemptions. Reg D allows usually smaller companies to raise capital through the sale of equity or debt securities without having to register their securities with the SEC.

Reg D offerings are advantageous to any private company or entrepreneur because they allow an entity to obtain funding faster and to avoid the costs associated with a public offering.

Reg D = Dilution

They are not restricted, they are being sold for cash to operate the company.

It's not the end of the world, just understand what it is doing to the PPS.
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Date:6/12/2007 6:55:56 AM
Post #of 3756

REGDEX filing was not electronic....

Paper filing # 07066568

Send email to publicinfo@sec.gov and reference the document # along with your name, address, phone #
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Due to the length of this post, the 504 will placed in the next one. You can leave comments here.

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