InvestorsHub Logo
Post# of 4973269
Next 10
Followers 1693
Posts 205375
Boards Moderated 11
Alias Born 01/02/2008

Re: AugustaFriends post# 1177253

Tuesday, 01/22/2008 9:28:21 AM

Tuesday, January 22, 2008 9:28:21 AM

Post# of 4973269
AUCI - chart and news NICE could be a nice play...Thanks, I will buy some... best out there so far..

http://stockcharts.com/h-sc/ui?s=auci&p=D&yr=0&mn=4&dy=0&id=p72283367116

Auctions International Issues Statement on Share Structure and Non-Dilution
Market Wire - January 22, 2008 8:30 AM ET


Related Quotes
Symbol Last Chg
AUCI Trade 0.029 0.00
Quotes delayed at least 15 minutes

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 myself, directors, and the technical and support staff of Auctions International. Of the 25 Million that are free trading, 9.3 Million are registered on DTC as of January 11, 2008. From that 25 Million, 8 Million are held by family members and friends who have supported AUCI's development and expenditures over the past two years.

"The Company does not need capital of any substance. Nor do we have any fundings that could cause such a downward spiral in our stock. We do not see a need to issue any shares to dilute the current shareholder value in the foreseeable future.

"We are diligently pursuing our business



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.