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Thread: Interesting Bidville info

  1. #1

    Interesting Bidville info

    Got the following e-mail from Bidville tonight and thought I'd pass it along.I know some of you use Bidville and maybe you will find this helpful:

    "Dear Valued Bidville Member:

    We would like to take the time to explain some of the current and
    future exciting changes happening at Bidville.

    Bidville has just become a Public Company with publicly traded
    stock on the Over The Counter Bulletin Board. Bidville/No Bidding Inc. is now Bidville,
    Inc. and the name and symbol change will be in place before the end of 2003.

    What does this mean for you, our Bidville buyers and sellers? Being a publicly
    traded company further provides Bidville with availability to access greater
    resources needed to bring more buyers and sellers to our wonderful site. This
    will enable us to continue to grow and become a more successful e-commerce
    player in the online auction and fixed price marketplace. Only positive
    changes will be occurring to Bidville over the upcoming months. New improvements
    in the programming back end have already begun. These improvements will help
    the buyer find the wanted item(s) more efficiently and help keep search wait
    times down to a minimum.

    Bidville, Inc., with accordance to the Securities Exchange Commission (SEC)
    Regulations filed an 8-K Report on 12/11/03. In this report, there unfortunately
    were some misquotes that were published in error. These errors are not in keeping
    with the business direction supported by Bidville Management or the Investment
    Group. Mistakes were made, this can not be changed. However, the Bidville Team
    wishes to specifically clarify one important published error. There will be
    NO LISTING FEES implemented nor are listing fees in our plans for the future.
    Please recognize our true position. This misquote and other small misquotes
    in the filed 8-K Report will be corrected and changed accordingly, as required,
    in the next public filing with the SEC.

    Bidville has decided that the best compliment for our growth plan is to
    implement "Final Success Fees" (FSF). FSF are closing fees that will
    be charged at the end of each successful auction/Take-It item with one or
    more winning bids. FSF will take the place of current "membership" fees at Bidville.

    FSF will got into effect on February 1, 2004. What does this mean?
    Members that are Verified and/or Premier Sellers as of January 31st, 2004
    will be "grandfathered" in and not pay FSF. All new sellers and current
    sellers, who wish not to be "grandfathered", will be charged FSF as of
    February 1, 2004. A more detailed explanation of the FSF program and the
    Grandfathering process can be found here:

    Thank you for supporting Bidville and continuing to buy and sell in our
    wonderful community! We look forward to many more exciting and positive
    announcements in the future.

    Thank you again for continuing to grow with us.

    The Bidville Team"

  2. Check out Steel City Collectibles Clearance Center
  3. #2
    prolly just couldn't compete with ebay...gotta try something new...


  4. #3
    That's what I was thinking. They really have to try something new.

  5. #4
    I agree.The only reason I use Bidville is to find commons I need and from time to time find an insert card fairly reasonable.The page actually looks rather crappy and the features (search and such) actually aren't all that great.Maybe if they upgraded a few things it would be better but it will never be able to compete with other auction sites.It already has an established reputation and that is what is foremost in peoples minds as far as what they know the site for.It will be tough to overcome that.


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