RBID.com, Inc. Reports That They Plan a Major Push to Prepare for 2009
05 November 2008 - 1:15AM
Business Wire
RBID.com, Inc. (Pink Sheets: RBDC) reported today that they intend
to make offer of a full merger to Leverage, Inc. and/or to pursue
other revenue producing options. Alan Rothman, Chairman and CEO of
RBID.com, Inc., stated, �We are committed to making every effort to
get revenue and profits on our books in 2009. We believe it�s
possible that some form of naked short selling of our stock may
have taken place. We intend to pursue all possible means to
investigate to take aggressive action to expose it.� We want
nothing to stand in the way of increasing the value of our stock.
About RBID.com, Inc. RBID.com, Inc. (http://www.rbid.com)
facilitates the acquisition, commercialization, promotion and
protection of emerging patented and/or proprietary technologies.
RBID.com, Inc. also owns exclusive U.S. and European licensing and
distribution rights to Simply Budgets home budgeting software
(www.simplybudgets.com). RBID�s business partner Leverage, Inc.�
(leveragecard.com) provides a free personal web application for
users to manage their offers and savings, gift cards, and
loyalty/rewards programs online. Leverage� customers have access to
a single application that allows them to purchase, track and
exchange gift cards, earn interest on gift card balances with
complimentary bankruptcy insurance, manage loyalty and reward
programs, and receive highly targeted offers and savings from
retailers. Leverage� also allows businesses to deliver offers and
marketing messages in a non-interruptive and completely transparent
way at the very moment customers are preparing to shop. Safe Harbor
Statement: This release contains forward-looking statements with
respect to the results of operations and business of RBID.com,
Inc., which involve 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.
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