Ableauctions.com, Inc. Receives Approval for Standard & Poor's Listing, Receives ``Blue Sky'' Exemption.Business & Technology Editors BURNABY, B.C.--(BUSINESS WIRE)--April 18, 2000 Ableauctions.com(tm), Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ABLC ABLC Affect-Based Language Curriculum ABLC Amphotericin B Lipid Complex ABLC Absorbing Branch-Line Coupler ) (the "Company") announced that Standard & Poor 's Editorial Board has approved the Company for a full description in Standard & Poor' s Standard Corporation Records. Additionally, the Company will have its description published in Standard & Poor' s Daily News Section and Standard & Poor' s will also initiate financial coverage of the Company as part of the S&P Market Access Program. Abdul Ladha, President and Chief Financial Officer of Ableauctions.com, Inc., stated, "This is an important milestone for our company. Our S&P listing is an essential step in broadening the dissemination of corporate news and increasing the awareness of Ableauctions.com, Inc. within the financial markets." Standard Corporation Records is a recognized securities manual for "blue sky/manual exemption" in approximately 35 states. Listing in Standard Corporate Records provides a secondary trading exemption in those states and allows the brokerage community to create a market in the Company's stock. All brokers should check with the "blue sky" laws in their given states. About Ableauctions.com Ableauctions.com is a high tech business-to-business and consumer auctioneer AUCTIONEER, contracts, commerce. A person authorized by law to sell the goods of others at public sale. 2. He is the agent of both parties, the seller and the buyer. 2 Taunt. 38, 209 4 Greenl. R. 1; Chit. Contr. 208. 3. that conducts its auctions live and simultaneously broadcasts them over the Internet. The Company liquidates a broad range of computers, electronics, office equipment, furniture and industrial equipment that it acquires through bankruptcies, insolvencies and defaults. The Company's Internet Auction web site can be located at www.ableauctions.com. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Act of 1934 and are subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by these sections. Actual results may differ materially from the Company's expectations and estimates. This release and prior releases are available on the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Worldwide website at www.kcsa.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion