Timeless Capital Corp V.TLC

TLC and Internet B2B

[narinder]

Building on JPringle's comments I wanted to post an article on the market potential of some B2B Companies during an IPO. ........................................................................... -------------------------------------------------- RISING STOCK MAKES CANADIAN $720 MILLION IN A SINGLE DAY vancouver - The latest hot dot-com stock has made a near billionaire out of a 28 year old from Moose Jaw, Sask, after the value of his shares soaring $720 million Cd inone day. Glenn Ballman is founder, president and chief executive of Seattle based Oniva.com Inc., an online shopping mall for businesses. He saw his 13.5% stake in the company jump in value to $944 million yesterday after its first day of trading on the Nasdaq Stock Market. Yesterday, the shares in the company nearly tripled from their opening price, closing at $61.50 US, which valued the company at $4.9 billion. Mr. Ballman told MSNBC that small businesses are set to embrace the internet as a tool (B2B) that can bring them deals once available only to large corporations, creating a market worth $107 billion this decade. -------------------------------------------------- If TLC was to spin off its B2B subsiduary, I don;t think they would have a problem with an IPO with TLC being foundation shareholders. Just speculation at this point...but it seems to make good sense. Look at T.BSP its way up and set to run again today based on an Ironside B2B IPO....Judy did you get in BSP...I'm trying this morning .