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Major_Bankz Free
03/02/05 2:50 PM

Total Identity Corp. (fka TIDC) RSS Feed

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TIDC.OB Yard Sale Drop-off Becomes EBay Trading Assistant Wednesday March 2, 7:00 am ET FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 2, 2005--Total Identity Corp ("TIC") (OTCBB:TIDC - News) is pleased to announce that Yard Sale Drop-Off(TM) ("YSDO") is up and running. YSDO is an online EBay (NASADQ "EBAY") auction site and online store which is currently listed as a trading assistant with EBay. YSDO helps people turn hidden treasures in cash by selling items on EBay. A recent study by AC Nelson found that the average household has 16 unused items with an EBay value of $1,000. The study also found that most unused items in American households included handbags, film cameras, and cell phones. On average households throw away three items per year with an original purchase price reported to be $718, but people estimated their current value at $161. The most commonly discarded items included handbags, cell phones, and televisions with a fair market value of $359.56 (more then double the perceived value) During the setup of YSDO one person sold over $1,600 worth of items that were sitting in their closet not being used which according to the AC Nelson study is the norm per household. TIC has trademarked the name and the company mascot YSDO the friendly yard sale Gopher. YSDO has a very aggressive strategic plan for the next 90 days which includes a store front where people can drop items off to be sold, an advertising campaign that includes Radio and Television spots, and direct marketing. TIC is creating a new subsidiary that will focus on Registered Spin Offs that will enable companies looking to go public to use the shareholder base of TIC to create a shareholder base of their own by distributing shares of their company to TIC shareholders. These shares will then be registered creating a separate trading company. This will allow a company to go public without having to pay several hundred thousand dollars to acquire a shell and that money can be used to grow their business and give the shareholders of TIC multiple investments. This fits into the Companies plans to become a Business Development Company under the Securities Act of 1941 as previously announced. About TIC TIC is focused on developing business models within TIC that will enhance shareholder value that can eventually be sold or spun-off through a registered spin-off to the shareholders. Certain information contained in this news release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. While these statements are made to convey the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Actual company results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. A more extensive listing of risks and factors that may affect the business prospects of the company and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. -------------------------------------------------------------------------------- Contact: Total Identity Corp., Fort Lauderdale Matthew Dwyer, 561-208-8101 or Visit Yard Sale Drop Off at http://www.yardsaledropoff.com
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