auctionACE
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posted on December 3, 2003 09:47:53 AM new
From today's AuctionBytes newsletter:
Auction Site BidVille Acquired
By Ina Steiner
AuctionBytes.com
December 03, 2003
American Recreational Enterprises Inc. announced it has executed a non-binding
letter of intent to acquire NoBidding Inc., a New Jersey corporation. NoBidding,
Inc. is the sole owner of BidVille, an online auction Web site.
The transaction calls for the new issuance of 20,000,000 shares of American
Recreational Enterprises's restricted common stock to the shareholders of
NoBidding pro-rata in exchange for all of the issued and outstanding stock of
NoBidding. The effect of the transaction is to make NoBidding a wholly-owned
subsidiary of the company. As part of its plans, American Recreational
Enterprises will immediately cease the operations of its current subsidiary,
Lenders/Investors, Inc.
BidVille was founded in 1999 as an online auction alternative to eBay and is
headquartered in Clearwater, Florida.
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stonecold613
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posted on December 3, 2003 04:12:07 PM new
No one worth a hoot even cares about the worthless site anyway. Nothing but worthless sports cards and school year books anyway.
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sc0ut
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posted on December 3, 2003 06:52:31 PM new
He just made his biggest sale of the year at ioffer. http://www.ioffer.com/wholeStory.do?subject=seller&txnID=22627 Who said AuctionDoofus won't be a millionaire by cornering the yearbook market. Sorry, I didn't realize the new name AuctionDOOFUS, please don't tell on me again. Thank you for the update on DudVille, what kind of two-bit operation is American Recreational Enterprises and 20,000,000 million shares in that should be worth about $2.00.
Doesn't Ina Steiner look like the ugly chick from scooby-doo http://www.auctionbytes.com/cab/pages/ebaylivepics2a/218an.JPG http://members.lycos.co.uk/mylookalikes/Lookalikes/12.Velma.jpg
I'll check you two nuts out later 
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ebayvet
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posted on December 4, 2003 11:51:19 AM new
Bidville is still in business at all? Boy, that brings back memories (and not necessarily good ones lol)
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Blairwitch
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posted on December 4, 2003 12:16:04 PM new
Bidville's dead, but doesnt know it.
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auctionACE
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posted on December 4, 2003 12:48:01 PM new
My gut feeling is that the investors/new owners are possibly trying to scam new buyers of the stock. The huge popularity of eBay may make some people think other online auction sites may make it big too. Greed may blind some to the realiity of online auctions. Most posters here have been around the block a few times and know that only ebay and a few niche auction sites have a chance at nice profits.
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bonecollector
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posted on December 4, 2003 05:30:33 PM new
My gut feeling is that your gut feeling is wrong. They could be planning to market BidV as THE ebay alternative. They could sell stock to interested parties who have been eagerly awaiting this moment (not everyone loves ebay). The next logical step would be national advertising. Stranger things have happened and I like my scenario better than yours
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Blairwitch
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posted on December 4, 2003 06:05:38 PM new
They could be planning to market BidV as THE ebay alternative?
Shall we laugh now or later? Comparing the two is like a raindrop to the ocean! Just wait till the "potential stock buyers" check out the site lol.
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auctionACE
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posted on December 5, 2003 01:35:28 AM new
I didn't know that BoneCollector had such a great sense of humor and flair for satire.
I hereby predict that Bidway-like fees ( at a minimum ) are coming to BV by mid January.
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Blairwitch
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posted on December 5, 2003 09:08:36 AM new
Sure they have to install fees, and watch the pom-poms turn to cry and whine lol. Expect 85%-90% of items to be gone quite quickly.
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auctionACE
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posted on December 5, 2003 09:46:31 AM new
Where will the sellers move their stuff to? The free sites are getting harder and harder to find. If the fees are small like the 2% at BidWay then they may as well stay. If BV drops the $10/tribute-to-Cesear yearly fee most sellers will probably come out ahead as 2% of a dollar sale is only 2 cents.
-------------- sig file ----------- *There is no conclusive evidence that life is serious*
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Blairwitch
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posted on December 5, 2003 11:42:14 AM new
Going to a FVF system would be too expensive, so I expect a higher membership fee. Maybe $4.95 monthly. $60.00 a year isnt bad to warehouse thousands of items. 
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auctionACE
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posted on December 5, 2003 02:10:07 PM new
I wonder why BidWay close that method then? Actually, I think a fee system like ioffer is one of the best for small sites. The minimum fee of 50 cents is steep but it can apply to multiple buys from the same buyer at the same time. Of course an ioffer system would really kill Bidville. Maybe a scaled down ioffer fee version of a minimum fee of 20 or 25 cents per transaction would be more appropriate for a site with 500,000 items priced under $1.
-------------- sig file ----------- *There is no conclusive evidence that life is serious*
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bonecollector
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posted on December 5, 2003 03:19:21 PM new
You're both making fools of yourselves. I thought you should know.
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auctionACE
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posted on December 5, 2003 05:12:53 PM new
No BoneCollector, the one that made themself out to be the big fool was the one that wrote They could be planning to market BidV as THE ebay alternative. They could sell stock to interested parties who have been eagerly awaiting this moment (not everyone loves ebay). The next logical step would be national advertising.
That is the most absurd thing I've ever heard.
-------------- sig file ----------- *There is no conclusive evidence that life is serious*
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Blairwitch
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posted on December 5, 2003 06:24:55 PM new
National advertising for a million nickel and dime listings? LOL
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bonecollector
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posted on December 5, 2003 07:52:15 PM new
"Could" is the operative word
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auctionACE
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posted on December 5, 2003 07:58:29 PM new
"Could" could mean they're planning an Enron/WorldCom scam too.
-------------- sig file ----------- *There is no conclusive evidence that life is serious*
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bonecollector
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posted on December 6, 2003 08:14:14 AM new
Could be, but it's very unlikely.
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auctionACE
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posted on December 6, 2003 08:38:11 AM new
We finally agree on something, that your scenario is highly unlikely.
-------------- sig file ----------- *There is no conclusive evidence that life is serious*
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stonecold613
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posted on December 6, 2003 09:55:02 PM new
Auctiondoofus on the loose. BS spewing all over. Nothing New.
[ edited by stonecold613 on Dec 6, 2003 09:56 PM ]
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justmypostingid
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posted on December 7, 2003 07:15:09 AM new
Mommy and daddy go out and leave the net nanny off again Andrew? Such words of wisdom coming from such a small mind.
What a Pintail PT.
[ edited by justmypostingid on Dec 7, 2003 11:31 AM ]
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bonecollector
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posted on December 7, 2003 06:48:07 PM new
You said
"Could" could mean they're planning an Enron/WorldCom scam too.
I said
Could be, but it's very unlikely.
You said
We finally agree on something, that your scenario is highly unlikely.
If you can respond only with the twisting of what I have said, it must mean you have nothing of your own worth adding.
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auctionACE
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posted on December 7, 2003 07:15:26 PM new
Ah, I'm only playing with your head a little there Bones. We'll see which one is right in the near future. I hope I'm wrong and you're right.
-------------- sig file ----------- *There is no conclusive evidence that life is serious*
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bonecollector
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posted on December 7, 2003 09:59:21 PM new
Yep.
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