As you may know BiddingPond.com is going to be releasing some changes in the coming months. This month will be the release of the BiddingPond.com Escrow services at escrow.biddingpond.com,which is not just for auctions. Additionally, to engage the Bitcoin community, to raise funding for full time development, raise capital for incorporation of BiddingPond.com, and to give investors a great opportunity we will be issuing BiddingPond.com Profit Distribution Pool shares. You may find this asset on GLBSE listed under BID. There will be 20,000 shares issued total. The
shares will be sold in the following manner:
1) 1,000 shares at .25BTC
2) 2,000 shares at .5BTC
3) 4,000 shares at .75BTC
4) 13,000 shares at 1BTC
The purchase value of shares will go to incorporation of BiddingPond.com in Delaware(shares will be converted to stock ownership if shareholders agree), hosting, new design for the website from 99designs.com, and a year developer salary for full-time development work.