We were incorporated under the laws of the state of Florida as J. B. Financial
Services, Inc. on September 30, 1996. We changed our name to Ableauctions.com,
Inc. on July 19, 1999. From the date of our incorporation until August 24,
1999, we had no material business and no material revenues, expenses, assets or
liabilities.


Our shares began trading on the OTC Bulletin Board under the symbol “ABLC” on
July 21, 1999.


On August 24, 1999, in consideration of shares of our common stock and cash, we
acquired all of the assets and the business operations of Able Auctions (1991)
Ltd., a British Columbia corporation engaged in the business of auctioning used
equipment, office furnishings and equipment, and other merchandise, by acquiring
all of its issued and outstanding common shares from Dexton Technologies
Corporation, a British Columbia corporation.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2004%2f04%2f21%2f0001134821-04-000052.html#FIS_BUSINESS"