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PBSS ON-LINE
(PRIVATE BUYING AND SELLING SECURITIES)
The "PRIVATE BUYING AND SELLING SECURITIES" (PBSS) On-Line was initiated and developed by Columbia Publishing Company during a period of over two years and is a FREE INTERNET SERVICE to the buyers and sellers of securities throughout the world.
The Issuer (i.e., THE PUBLICLY TRADED CORPORATION) pays a monthly fee (service charge) to Columbia Publishing Company for providing PBSS (PRIVATE BUYING AND SELLING SECURITIES) On-Line World-Wide to their stockholders and the public.
PBSS (PRIVATE BUYING AND SELLING SECURITIES) On-Line operates 24 hours per day, 365 days per year. The system never shuts down except for occasional updating or technical difficulties. The system is always at the finger tips of buyers and sellers. Buying and selling prices are determined by the individual buyers and sellers (NO BROKER-DEALERS are involved - - - no buy or sell commissions are charged by anyone).
A TRULY NON-EXCLUSIONARY SYSTEM OF BUYING AND SELLING securities privately. Any stock of any Public Corporation may be bought or sold on the (PBSS) system provided that the Issuer (Public Corporation) pays the monthly service fee to Columbia Publishing Company, and that the Issuer has a Transfer Agent that is registered with the U.S. SECURITIES AND EXCHANGE COMMISSION. Public Corporations that act as their own transfer agent will not be accepted into this system to avoid a possible conflict of interest.
Public corporations participating in this system must also have available their most current financial information whick will be viewable instantly through our system via a direct link as their securities are being bought or sold. This financial information must be continuously available for public viewing through the system. Audited or Unaudited financial data are acceptible as provided by the Issuer.
Financial information made available through PBSS On-Line system must not exceed 180 days of the date of the financial data provided by the issuer. Columbia Publishing Company reserves the right to terminate the service it provides to the isuer if the financials provided by the issuer exceeds the 180 days of the date of the financial data submitted.
(End - Last revised - - June 12, 1998, subject to continuous future revisions without notice.)
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(FILE: PrivHwSy12.html)