|
|
Article: Auctions International Issues Statement on Share Structure and Non- Dilution
- Article from:
- CCNMatthews Newswire
- Article date:
- January 22, 2008
CopyrightCopyright 2008 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
|
KELOWNA, BC--(Marketwire - January 22, 2008) - Auctions
International Inc. (PINKSHEETS: AUCI), a technology company that
owns and markets proprietary software to enable real-time online
auctions of virtually any product or commodity for use by the
wholesale market, commented on its share structure and reaffirmed
the Company's positive outlook for 2008.
Douglas Mann, president and CEO of Auctions International Inc.,
said, "In response to the recent volatility in the marketplace, we
wanted to assure our shareholders that any such activity does not
reflect the outstanding share position in the Company.
"There are 50 Million shares outstanding, of which 25 Million are
restricted and are held by ...