Sunday, July 08, 2007

RBID ~ a penny stock

On June 8, Alan Rothman, President and CEO of RBID.com, Inc. (Pink Sheets: RBID) updated the investment community in an all-new interview with http://www.wallst.net. Interview highlights include detailed discussions on the following topics:

-- "tremendous" market opportunity for the company's software solutions -- Recent key appointments to the company's management team, and advisory board -- "rags to riches" story behind the success of Simply Budgets in the Australian market -- Plans to develop enterprise solutions using the company's existing platform -- Steps the company is taking to expand its target markets -- Upcoming milestones for investors to watch for
To hear the interview in its entirety, and to read an in-depth report on the company, visit http://www.wallst.net/superstocks/superstocks_profile.asp?ticker=rbid
About WallSt.net:

http://www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. http://www.wallst.net offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small and mid- sized publicly traded companies. We are expecting to receive fifty million restricted shares of RBID from RBID.com, Inc. for media and advertising services. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp .

This information was found in a PR from WallSt.net.

In June of 2007, there was a press release that discussed a RegDex that had been filed with the SEC; otherwise, I doubt that many of us would have learned of it. The Press Release was dated 5/29/07 and was being discussed on I-Hub during the first 2 weeks of June. For some reason, I can no longer find any mention of it. First, it took about 3 weeks to get a copy of it which will be posted by several parties in the morning and what happened to the original press release? Is the company actually considering paying over $300,000.00 for marketing, promotion and advertising? IMO, this is a company I am totally embarrassed to own 1 share of!

DISCLAIMER: All stocks mentioned are based on hypothetical basis. All the information discussed is for entertainment purposes. In the event someone wanted to play this game, then I implore YOU to do your own due diligence. Mine may come from a crystal ball, fortune cookie, or even a dream. In other words, it's your money and you decide how you want to spend it.

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2 Comments:

Blogger daniel said...

This is some good info...it's hard to find anything on pink sheet stocks because of the uncertainty of the stocks. I would recommend this report to help anyone out less familiar with penny stocks but open to the idea...

Investing in Penny Stocks with Pink Sheets

-D.C.

11:23 AM  
Blogger Lex Luthor said...

One must always perform or find rliable due diligence or you can get killed. Perfect example: RBID. The information arrived too late. Should have never bought in until the facts were in hand and the red flags were there, it was supposed to be a quick momentum play that went bad. But others I've been in lately have gone up 50-150% in a day to 2 weeks. They can't all be winners, just trade smart.

12:34 PM  

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