Ableauctions.com Announces Frankfurt Listing.Business Editors BURNABY, British Columbia--(BUSINESS WIRE)--March 7, 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 today that it has been granted permission from Deutsche Boerse AG to start trading on the Third Market Segment and the Zetradax of the Frankfurt Exchange effective March 1, 2000. The trading symbol Trading symbol See: Ticker symbol of the shares on the Frankfurt Exchange is "AA7," and the German securities code (Wertpapierkennummer) is 925 879. The Company is also looking to actively expand into Europe. Abdul Ladha, President and Chief Executive Officer of Ableauctions.com stated, "The listing on the Frankfurt exchange is in response to the growing interest in both the Company's shares and its technology from European investors. Ableauctions.com has entered into preliminary dialogue with several of Europe's on-line auction and traditional bricks-and-mortar companies to negotiate an alliance or acquisition. The scope of our expansion strategy in Europe will be dictated by the outcome of these discussions. As far as our roll-out strategy in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. is concerned, negotiations are nearing the completion and we except to announce the results in the very near future." About Ableauctions.com Ableauctions.com is a high tech business-to-business and consumer auctioneer 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, 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. |
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