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Share Name | Share Symbol | Market | Type |
---|---|---|---|
RBID com Inc (CE) | USOTC:RBDC | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 00:00:00 |
RBID.com, Inc. (Pink Sheets:RBDC) announced today that sales of the new Muvoda Alkaline Water system by its wholly-owned subsidiary GLA International, Inc. have been extremely brisk since the official release of the product earlier this month. Demand for the product has increased so dramatically and inventories are so close to depletion that the company will be forced to place at least one additional unscheduled order from its Korean supplier this week, and possibly more in the near future.
In response to the recent sales spike and the unexpected high demand for the Muvoda System, GLA has made two additional adjustments as well: A revised Distributor Compensation Structure has been placed in effect for all sales booked beginning Sunday, May 10; and a special National Distributor Training Conference has been scheduled for August 7-8 at the Anaheim Convention Center.
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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