Bidville Receives $2.2 Million in Equity Funding.Business Editors/High-Tech Writers CLEARWATER Clearwater, city, United States Clearwater, residential and resort city (1990 pop. 98,784), seat of Pinellas co., W central Fla., on the Pinellas peninsula, between Clearwater Bay and the Gulf of Mexico; inc. 1891. , Fla.--(BUSINESS WIRE)--Jan. 8, 2004 Bidville, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BVLE BVLE Bidville Inc. (stock symbol) BVLE Belgische Vereniging voor Landbouweconomie (Belgian Association of Agricultural Economists) ) announced today that it has completed a private placement raising $2,200,000 through sales of its restricted common stock. The funds have been received by the Company and are to be used for working capital. "This financing will assist the company in the execution of its business plan and its continuing efforts to gain substantial market share in the online auction industry, making Bidville a viable alternative to eBay," stated Gerald C. Parker, chairman of Bidville, Inc. Additional information regarding the financing can be found at the Company's web site at http://www.bidville.com and with the Company's filing with the Securities and Exchange Commission, which can be found at http://www.sec.gov/edgar/searchedgar/companysearch.html Effective January 7, 2004, the Company's trading symbol Trading symbol See: Ticker symbol changed from AREP AREP Aircraft Repair Enhancement Program AREP Affiliated retail electric provider AREP Address Reply AREP Atmospheric Research and Environment Program AREP Army Reserve Expeditionary Package AREP Averaged Relativistic Effective Potential to BVLE. About Bidville Bidville was founded in 1999 as an on-line auction alternative to eBay. The company provides unique user features, such as Watch List, Image Gallery, and fixed price listing options. Bidville is headquartered in Clearwater, Florida Clearwater is a city located in central Pinellas County, Florida, USA, nearly due west of Tampa. As of the 2000 census, the city had a total population of 108,787; however, according to the 2005 U.S. Census Bureau's estimates, the city's population fell slightly to 108,687. U.S.A. and can be reached at http://www.bidville.com This release contains statements that constitute 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. . These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. |
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