RBID.com, Inc. Updates Financials and Elevates Pink Sheets Status to “Current Information”
May 19 2009 - 9:15AM
Business Wire
RBID.com, Inc. (Pink Sheets:RBDC) announced today that it has
released its current financial statements and reported them to Pink
Sheets for uploading and disclosure. The posting of these updated
financials, along with accompanying documents from RBID�s financial
team and a strong opinion letter from the company�s legal counsel,
qualifies RBID for �Current Information� status with Pink Sheets.
This represents an upward move of four status levels to the
second-highest level possible, and RBID has been notified by Pink
Sheets that these changes will be reflected on the website some
time today.
RBID.Com, CEO, Alan Rothman commented, �These events mark a
significant milestone in RBID�s growth as a publicly traded
company, while also 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
taken the necessary steps to enhance our financial reporting and
trading options.�
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 and
rapidly-growing direct sales company whose products include Healthy
Energy Drinks, Alkaline Water Systems, and Superfoods, all of which
are marketed through a strong multi-ethnic distribution network.
GLA also offers a grass roots 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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