Kash Jackson
05-19-2009, 05:01 PM
Jumped in today at .0002 on todays news and volume spike. Looking for it to heat up tomorrow.
RBID.com, Inc. Updates Financials and Elevates Pink Sheets Status to "Current Information"
NEWPORT BEACH, Calif., May 19, 2009 (BUSINESS WIRE) -- RBID.com, Inc. (Pink Sheets:RBDC) announced today that it has released its current financial statements and reported them to Pink Sheets for uploading and disclosure. The posting of these updated financials, along with accompanying documents from RBID's financial team and a strong opinion letter from the company's legal counsel, qualifies RBID for "Current Information" status with Pink Sheets. This represents an upward move of four status levels to the second-highest level possible, and RBID has been notified by Pink Sheets that these changes will be reflected on the website some time today.
RBID.Com, CEO, Alan Rothman commented, "These events mark a significant milestone in RBID's growth as a publicly traded company, while also providing increased disclosure of management's continued efforts to build the long-term viability of the company. The recent product launch of our GLA, Inc. subsidiary has placed us in a more competitive position in the marketplace, and we have now taken the necessary steps to enhance our financial reporting and trading options."
ABOUT RBID.COM AND GLA, INC.
RBID.COM, Inc. markets and distributes health and nutrition products to a worldwide customer base through its wholly-owned subsidiary GLA International, Inc. GLA is a profitable and rapidly-growing direct sales company whose products include Healthy Energy Drinks, Alkaline Water Systems, and Superfoods, all of which are marketed through a strong multi-ethnic distribution network. GLA also offers a grass roots distributorship opportunity, complete with full training and support coordinated through its Costa Mesa, California headquarters.
For more information visit www.rbid.com and/or www.glainc.net.
Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of RBID.com, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
SOURCE: RBID.com, Inc.
CONTACT:
RBID.com, Inc. Alan Rothman, 949-851-4733
Copyright Business Wire 2009
-0-
KEYWORD: United States
North America
California
INDUSTRY KEYWORD: Health
Fitness & Nutrition
Retail
Food/Beverage
SUBJECT CODE: Earnings
RBID.com, Inc. Updates Financials and Elevates Pink Sheets Status to "Current Information"
NEWPORT BEACH, Calif., May 19, 2009 (BUSINESS WIRE) -- RBID.com, Inc. (Pink Sheets:RBDC) announced today that it has released its current financial statements and reported them to Pink Sheets for uploading and disclosure. The posting of these updated financials, along with accompanying documents from RBID's financial team and a strong opinion letter from the company's legal counsel, qualifies RBID for "Current Information" status with Pink Sheets. This represents an upward move of four status levels to the second-highest level possible, and RBID has been notified by Pink Sheets that these changes will be reflected on the website some time today.
RBID.Com, CEO, Alan Rothman commented, "These events mark a significant milestone in RBID's growth as a publicly traded company, while also providing increased disclosure of management's continued efforts to build the long-term viability of the company. The recent product launch of our GLA, Inc. subsidiary has placed us in a more competitive position in the marketplace, and we have now taken the necessary steps to enhance our financial reporting and trading options."
ABOUT RBID.COM AND GLA, INC.
RBID.COM, Inc. markets and distributes health and nutrition products to a worldwide customer base through its wholly-owned subsidiary GLA International, Inc. GLA is a profitable and rapidly-growing direct sales company whose products include Healthy Energy Drinks, Alkaline Water Systems, and Superfoods, all of which are marketed through a strong multi-ethnic distribution network. GLA also offers a grass roots distributorship opportunity, complete with full training and support coordinated through its Costa Mesa, California headquarters.
For more information visit www.rbid.com and/or www.glainc.net.
Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of RBID.com, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
SOURCE: RBID.com, Inc.
CONTACT:
RBID.com, Inc. Alan Rothman, 949-851-4733
Copyright Business Wire 2009
-0-
KEYWORD: United States
North America
California
INDUSTRY KEYWORD: Health
Fitness & Nutrition
Retail
Food/Beverage
SUBJECT CODE: Earnings