Replies to post #71 on OTC Buyouts and Mergers (BUYOUT)

[beigledog]

IDS Updates Special Dividend and Dubai Events
Wednesday August 16, 11:36 am ET


HLS Purchases Additional Property in Dubai Today


ORLANDO, FL--(MARKET WIRE)--Aug 16, 2006 -- IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) reported today that HLS executives from Dubai confirmed that the necessary steps have been taken to finalize the Special Dividend issued previously to IDS common stockholders. IDS has been informed that the special dividend shares should receive a CUSIP Number by October 5, 2006 and shortly thereafter the company plans to file an SB-2 Registration to have the restriction lifted on the special dividend shares.

IDS has received numerous requests from investors regarding the timing of the HLS $2.35 cash buyout of all IDS common shares outstanding. At this point the terms of the buyout have been finalized, with public stockholders of IDS common stock receiving all cash of $2.35 per share and IDS insiders accepting a mixture of HLS Corporate Bonds and Stock. The timing for the beginning of the tender is predicated now on only two remaining factors. First, HLS must submit the formal tender offer documentation to the appropriate agencies. Secondly, the tender documents must be approved by aforementioned agencies. Upon such approval of the tender documents, HLS will be required to transfer $5 Million non-refundable deposited to IDS bank accounts. There are no terms left to negotiate and IDS will sign the deal upon approval of the cash buyout tender documents.

Additionally, today HLS and IDS executives in Dubai met with numerous banks, government officials and Sheikhs prominently involved with the massive construction projects in Dubai. After these meetings HLS decided to purchase additional land surrounding the New Dubai Convention Center to facilitate the IDS and HLS 10-year business model. A map of the location can be seen at (http://www.hlsworldwide.com) on the company page. Land in Dubai is appreciating double digits per quarter and should make this a very valuable investment long-term for the stockholders.

IDS executives will remain in Dubai for another 5 days before returning to Pakistan and then onward the 1st week of September with regards to 995ad.com transactions with Chinese partners.