RBID.com, Inc. Has Been Updated To Current Information Status on Pink Sheets
May 21 2009 - 6:17PM
Business Wire
RBID.com, Inc. (Pink Sheets:�RBDC) announced today that it has
finalized the compilation and release of its current financial
statements which are now available on Pink Sheets. The company had
made a similar announcement on Tuesday, but the elevation of its
status was delayed while the company made some minor changes to the
documents. The posting of updated financials, along with
accompanying documents from RBID�s financial team, and a strong
opinion letter from the company�s legal counsel, should qualify
RBID for �Current Information� status with Pink Sheets. This
represents an upward move of four status levels to the
second-highest level possible.
RBID.com, CEO, Alan Rothman commented, �We are happy to report
the finalization of this project. As I stated previously, these
events mark a significant milestone in RBID�s growth as a publicly
traded company, while at the same time providing increased
disclosure of management�s continued efforts to build the long-term
viability of the company. The recent product launch of our GLA,
Inc. subsidiary has placed us in a more competitive position in the
marketplace, and we have now completed the necessary steps to
enhance our financial reporting and trading options. We expect to
be making further announcements in the near future.�
ABOUT RBID.COM AND GLA, INC.
RBID.COM, Inc. markets and distributes health and nutrition
products to a worldwide customer base through its wholly-owned
subsidiary GLA International, Inc. GLA is a profitable
rapidly-growing direct sales company that markets nutritional
products including Healthy Energy Drinks, Alkaline Water Systems,
and Superfoods through a strong multi-ethnic distribution network.
GLA also offers a distributorship opportunity, complete with full
training and support coordinated through its Costa Mesa, California
headquarters.
For more information visit www.rbid.com and/or
www.glainc.net.
Safe Harbor Statement: This release contains forward-looking
statements with respect to the results of operations and business
of RBID.com, Inc., which involves risks and uncertainties. The
Company's actual future results could materially differ from those
discussed. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, and all other forward looking statements be subject to
the "Safe Harbors" provision of the Private Securities Litigation
Reform Act of 1995.
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