Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

RBID.com, Inc. Has Been Updated To Current Information Status on Pink Sheets

Thu. May 21, 2009; Posted: 06:17 PM
Stocks RSS
NEWPORT BEACH, Calif., May 21, 2009 (BUSINESS WIRE) -- RBDC | Quote | Chart | News | PowerRating -- RBID.com, Inc. (Pink Sheets: RBDC | Quote | Chart | News | PowerRating) announced today that it has finalized the compilation and release of its current financial statements which are now available on Pink Sheets. The company had made a similar announcement on Tuesday, but the elevation of its status was delayed while the company made some minor changes to the documents. The posting of updated financials, along with accompanying documents from RBID's financial team, and a strong opinion letter from the company's legal counsel, should qualify RBID for "Current Information" status with Pink Sheets. This represents an upward move of four status levels to the second-highest level possible.

RBID.com, CEO, Alan Rothman commented, "We are happy to report the finalization of this project. As I stated previously, these events mark a significant milestone in RBID's growth as a publicly traded company, while at the same time 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 completed the necessary steps to enhance our financial reporting and trading options. We expect to be making further announcements in the near future."

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 rapidly-growing direct sales company that markets nutritional products including Healthy Energy Drinks, Alkaline Water Systems, and Superfoods through a strong multi-ethnic distribution network. GLA also offers a 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.

RBID.com, Inc. 
Alan Rothman 
949-851-4733
For full details for RBDC click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.