Replies to post #133 on BREAKOUTS, RUNNERS AND HOT PENNIES

[lifegear]

Icoworks Holdings is a Nevada corporation whose principal business activity consists of the conduct of customized auctions for corporate assets such as wholesale and retail inventories, used industrial equipment and other related goods. During the year ended June 30, 2002, and prior to the acquisition of the Company, Icoworks Holdings purchased all the issued and outstanding capital stock of two companies, Icoworks Services Ltd. ("Icoworks Services") and DM International Appraisals & Consulting Ltd. Icoworks Holdings also has two other subsidiaries, being Icoworks Eastern Ltd. ("Eastern") and Icoworks Joint Venture Ltd. Icoworks Joint Venture Ltd. is a bare trustee corporation with no assets or liabilities, which was formed for the sole purpose of holding assets on behalf of a number of participants. During the nine-month period ended March 31, 2004, Icoworks Holdings acquired Premier Auctioneers International Inc., R.T. Components (acquired for the purposes of liquidating the company) and Santiago Custom and Classic Car Auctions Inc. (Note 5).

[lifegear]

ICOW Icoworks, Inc. Company Profile

http://biz.yahoo.com/ic/117/117585.html

Icoworks auctions and appraises. Through subsidiaries, the company conducts industrial, oilfield, and commercial appraisals and asset liquidations. Services include appraisals for mergers and acquisitions, private treaty sales, banks, auctions, partnership dissolution, updating insurance, probating wills and estate planning. It also holds live, Web cast, and timed auctions and private sales on a fee-for-service or commission basis. Icoworks offers consulting services to individuals, banks, receivers, attorneys, and companies, including physical inventories, computerized inventory management systems, litigation support, company shutdown, recovery of fixed assets, and damage assessment for insurance claims.

Contact Information
Address: 707 Barlow Trail SE, Bay A, Century Park
Calgary, Alberta T2E 8C2, Canada
Phone: [phone]
Fax: [phone]