Bidville Signs Investment Banking Agreement with Empire Financial Group; Consulting Agreement Will Provide Bidville with Future Growth Capital and Market Awareness.Business Editors/High-Tech Writers CLEARWATER, Fla.--(BUSINESS WIRE)--April 7, 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) ) an online auction company, announced today that on March 31, 2004 it entered into a financial consulting agreement with Empire Financial Group, Inc. The agreement contemplates Empire rendering advice and assistance with regard to strategic transactions, future equity or debt financings Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay , market and industry awareness and assistance in completing the company's goal of having its shares listed on a national exchange by year end. "We believe relationships such as this will help to highlight Bidville's business plan and bolster This article is about the pillow called a bolster. For other meanings of the word "bolster", see bolster (disambiguation). A bolster (etymology: Middle English, derived from Old English, and before that the Germanic word bulgstraz its success in 2004. Bidville remains on track to offer the most reliable and cost efficient marketplace alternative to eBay and its users," said Michael Palandro, Chief Executive Officer of Bidville. "Empire will assist Bidville when needed with access to the capital markets along with strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. initiatives to ensure Bidville meets its long term goals." About Bidville, Inc. Bidville was founded in 1999 as an online 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, FL. For further Company and product information, please visit the website at: http://www.bidville.com. Additional information, including current financial data, is available in current Securities and Exchange Commission filings. About Empire Financial Holding Company Empire Financial Holding Company provides full-service and discount retail securities brokerage via both the telephone and the Internet, offers securities order execution services, acts as principal in securities transactions for approximately 400 broker dealers, and provides turn-key fee based investment advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal . The Company also provides private-label brokerage services and advisory solutions to broker dealers and other financial institutions. Forward-Looking Statement 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. Disclaimer This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause such a difference include, without limitation, fluctuations in the volume of transactional services provided by the Company, competition with respect to financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. commission rates, the effect of general economic and market conditions, factors affecting the securities brokerage industry as well as other risks and uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings. For further information please contact: Bidville Inc. at: investorrelations@bidville.com |
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