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SAN JOSE, Calif., Nov 24, 2009 (BUSINESS WIRE) --
Please replace the release with the following corrected version due to revisions to the fourth paragraph.
The corrected release reads:
EBAY(R) SERVES UP BARGAINS TO CONSUMERS AROUND THE CLOCK WITH NEW "DEALS" APPLICATION FOR IPHONE(R) AND IPOD TOUCH(R)
eBay's Mobile Technology Puts Holiday Deal Hunting at Shopper's Fingertips; Apps Released in Time for eBay's "12 Days of Deals" Holiday Promotion
eBay (NASDAQ:EBAY) today made it easier for iPhone and iPod touch owners to shop eBay anytime, anywhere with the release of its new "Deals" application, providing a constant stream of the best deals across hundreds of millions of ebay.com listings. Available for free download on iTunes(R), the Deals application features simple, intuitive navigation, customizable search features and PayPal(R) integration that makes check-out fast and easy.
The Deals app is the latest addition to eBay's mobile offerings; eBay just released an upgraded version of its eBay iPhone app with new features such as social networking integration. An enhanced mobile web interface (m.ebay.com) also makes it simple to browse ebay.com on any mobile phone equipped with a web browser. All three offer consumers the ability to browse and buy on the go.
"As the world's leading online marketplace we have insights into how people really want to shop ... and they clearly want to shop on their phones," said eBay Marketplaces President Lorrie Norrington. "It's apparent that consumers want to shop for what they want, when they want and WHERE they want, and that's not necessarily when they're sitting in front of a computer or even walking through a store. This eBay app for the iPhone is the ultimate tool to put great value and selection at their fingertips on the go, wherever they are."
Additionally, a special '12 Days of Deals' will begin this Friday, November 27. eBay's first of the '12 Days of Deals' will go live with a Samsung Netbook N120-12GBK. Other exclusive Mystery Deals will be featured each day until Dec. 8.
"A deal means something different to everyone," continued Norrington. "Our new Deals app allows you to create and personalize your own deal searches on the fly. This means you'll never miss a deal ... and the deals will find you. eBay's new and upgraded iPhone offerings take advantage of typical smart phone features such as email, voice, alerts and orientation detector, all of which help shoppers find, share and buy from ebay.com while they're mobile."
Fast Facts:
-- By the end of this year more than $500 million in merchandise is expected to be purchased via eBay mobile.
-- Launched just a year ago, the eBay iPhone app has been downloaded more than 5 million times -- making it one of the most popular iPhone apps.
-- A purchase is made every two seconds via eBay mobile.
-- Both applications are available for free on iTunes (requires iPhone OS 3 or later).
-- Users from over 165 countries visit the eBay mobile website and use the iPhone application.
-- The Deals app is available in 8 languages.
All Deals All the Time
The new eBay Deals app for iPhone presents a constantly changing view of deals across ebay.com, highlighting must-have products in popular categories, such as apparel and games; all listings in the eBay Deals app have less than four hours of listing time remaining, zero bids, no reserve and free/fixed price shipping calculated into the total cost.
Pre-loaded with eBay's top eight mobile search categories, the app allows shoppers to quickly access top bargains. Users can customize their own deal-specific searches and place an icon in the start menu for quick access. To see a new group of deals, users just have to shake their iPhone or iPod Touch.
The Deals app has built-in integration with social network sites like Facebook and Twitter, making it easier for buyers to share shopping activity with friends and even build consensus around deals.
Making a Great App Even Better
Social networking integration is also built into the upgrade of eBay's popular iPhone application (version 1.5). Other enhancements include a "Best Offer" feature that lets shoppers instantly negotiate prices with sellers through alerts and SMS notifications, and direct phone access to customer service.
The 1.5 iPhone application notifies shoppers through push alerts on the status of their watched items, so they'll know if they're being outbid. PayPal integration allows buyers to complete their transactions without leaving the app, and the "Buy It Now" feature lets buyers purchase items right away at a set price without having to wait for a listing to end.
About eBay Mobile
eBay launched its first application for iPhone in July 2008 and has since become a leading force in mobile commerce. Its core iPhone application, which is available free via iTunes in eight languages and 77 countries, has been downloaded more than 5 million times and allows users to fully browse and buy without leaving the application. By the end of 2009, eBay's gross merchandise volume -- the value of all goods sold -- through eBay's mobile offerings is expected to surpass $500 million.
About eBay Inc.
Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) connects hundreds of millions of buyers and sellers globally on a daily basis through eBay, the world's largest online marketplace, and PayPal, which enables individuals and businesses to securely, easily and quickly send and receive online payments. We also reach millions through specialized marketplaces such as StubHub, the world's largest ticket marketplace, and eBay Classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and our global portfolio of online brands, visit www.ebayinc.com.
Forward Looking Statements
This announcement contains forward-looking statements relating to eBay's future performance that are based on its current expectations, forecasts and assumptions. Those statements involve risks and uncertainties, and actual results may differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, consumer acceptance and use of eBay's mobile applications.
More information about factors that could affect eBay's operating results can be found in the company's most recent annual report on Form 10-K and its subsequent quarterly reports on Form 10-Q (available at http://investor.ebayinc.com). All forward-looking statements are based on information available to eBay on the date hereof, and eBay assumes no obligation to update such statements.
iPhone, iPod Touch, and iTunes are registered trademarks of Apple, Inc. Samsung is a registered trademark of Samsung Electronics Corp., Ltd. Facebook is a trademark of Facebook, Inc. Twitter is a trademark of Twitter, Inc.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6107259&lang=en
SOURCE: eBay Inc.
eBay Inc. Kathy Domingo, 408-218-9257 kadomingo@ebay.com or Jerry Griffin, 212-704-4536 jerry.griffin@edelman.com
Tags: annual report apparel computer consumer electronics email forecasts nasdaq networking online president prices products shipping web
Companies: eBay, Inc. (EBAY)
CALGARY, Alberta, Nov 24, 2009 (GlobeNewswire via COMTEX) --
Emerging Stock Report, a leading provider of sector specific independent investment research, today initiated coverage on BizAuctions, Inc., (Pink Sheets:BZCN). Emerging Stock Report is currently offering a complimentary trial subscription to the investment community.
To view the Report in its entirety visit: http://www.emergingstockreport.com
To get our alerts AHEAD of the market follow us on Twitter: http://twitter.com/EmergingStockRe
About ESR :
Emerging Stock Report is a leading provider of independent investment research for North American companies. Our services include research analysis on emerging growth companies, sector specific research, real-time news and financial data, market commentary and the ESR newsletter. Emerging Stock Report's staff of investment professionals are dedicated to providing the the tools and resources necessary to help make important investment decisions. To view our research reports on a complimentary trial basis and take advantage of our other services, visit http://www.emergingstockreport.com and click on the complimentary trial subscription button on our home page, or go directly to our registration page at http://emergingstockreport.com/register.php
About BizAuctions, Inc. :
BizAuctions, Inc. (Pink Sheets:BZCN) is a prime provider of commercial eBay liquidation services for excess inventory, overstock items, and returns. Our clients have included some of the Nation's leading retail names at the forefront of their industries.
BizAuctions addresses the $60 billion excess inventory problem for clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay, and collecting payment.
We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space.
With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory on eBay.
The Company encourages the public to read the above information in conjunction with its year-end statement for December 31, 2008, and the quarterly statements filed in calendar year 2009, at www.PinkSheets.com.
ESR Disclosure :
Emerging Stock Report is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. Emerging Stock Report has not been compensated by any of the above mentioned companies. Please read our report and visit our Web site, http://www.EmergingStockReport.com, for complete risks and disclosures.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Emerging Stock Report
CONTACT: Emerging Stock Report Dylan Anderson 1 (206) 905 9680 info@emergingstockreport.com
Tags: advisor business commercial community investment market research retail revenue securities subscription trial web
Companies: BizAuctions Inc (BZCN)
Nov 24, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
eBay, Inc. has completed the sale of approximately 70% stake in its Luxembourg-based communications unit Skype Technologies S.A. to an investor group led by Silver Lake Partners including Joltid Limited and certain affiliated parties, Andreessen Horowitz and the Canada Pension Plan Investment Board (CPPIB). eBay received approximately $1,900 million in cash and a note from the buyer in the principal amount of $125 million.
Skype is a web-based telecommunication services provider, while eBay is a provider of online marketplace for the sale of goods and services.
Andreessen Horowitz is a venture capital firm, while Silver Lake Partners is a private investment firm. CPPIB is a professional investment management organization. eBay, Andreessen Horowitz and Silver Lake Partners are based in the US.
Update on November 6, 2009:
eBay announced that the investor group led by Silver Lake Partners has reached a settlement agreement with Joltid Limited and Joost N.V. that gives Skype ownership over all software previously licensed from Joltid and ends all litigation currently pending against the investor group and eBay at the closing of the acquisition.
As part of the settlement agreement, Joltid and Skype founders Niklas Zennstrom and Janus Friis will join the investor group, contributing Joltid software and making a significant capital investment in exchange for a 14% stake in Skype. As a result, Silver Lake and other investors including Andreessen Horowitz and CPPIB, will together hold 56% of Skype and eBay will retain 30%. The investor group will no longer include Index Ventures, which has withdrawn from participation.
Announcement (September 1, 2009):
eBay has signed a definitive agreement to sell a 65% stake in Skype Technologies to an investor group.
eBay is expected to receive approximately $1,900 million in cash upon the completion of the sale and a note from the buyer in the principal amount of $125 million. eBay will retain an approximately 35% equity investment in Skype. The transaction is expected to close in the fourth quarter of 2009.
Rumor (August 28, 2009):
According to TechCrunch, eBay is planning to sell Skype to a group of venture capital and private equity firms.
Andreessen Horowitz, Silver Lake Partners, and Index Ventures are likely to be among the investors in the group. Reportedly, the transaction is valued at a minimum of $2,000 million.
Goldman Sachs is acting as financial advisor, while Clifford Chance LLP, Sidley Austin LLP and Dewey & LeBoeuf LLP are acting as legal advisors to eBay on this transaction.
J.P. Morgan, Barclays and RBC Capital Markets are acting as financial advisors to investor group. Sullivan & Cromwell LLP, Simpson Thacher & Bartlett LLP, Bird & Bird LLP and Michael Silverleaf QC are acting as legal advisors to the investor group. Fenwick & West LLP is acting as legal advisor to Andreessen Horowitz. Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal advisor to Niklas Zennstrom and Janus Friis.
Deal Value (US$ Million) 2025 Deal Type Private Equity Sub-Category None Deal Status Completed: 2009-11-19
Deal Participants
Target (Company) Skype Technologies S.A. Acquirer (Company) Joltid Limited Vendor (Company) eBay, Inc.
Deal Rationale
The sale would allow eBay to focus all of its energies on the opportunities in front of its e-commerce business unit PayPal, Inc.
% Acquisition 70%
Tags: acquisition advisor business communications ecommerce equity index investment legal luxembourg note online Private Equity silver software technology venture capital web
Companies: eBay, Inc. (EBAY)
Nov 24, 2009 (M2 PRESSWIRE via COMTEX) --
www.Standoutstocks.com: Stocks That Standout For Nov. 24th, 2009 are BizAuctions, Inc. (Pink Sheets: BZCN), Americas Energy Company (OTCBB: AENY), Metatron, Inc. (PINKSHEETS: MRNJ), Eagle Oil Holding Company, Inc. (OTCBB: EGOH), Health Sciences Group, Inc. (Pink Sheets: HESG)
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Cyber Monday Will Launch Special Promotions for the Holiday Season Buying
SAN DIEGO, Nov 24, 2009 -- BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay liquidation services for excess inventories, overstocks and returns, announces Cyber Monday, November 30, will kick-off special promotions for its customers during the Holiday season buying.
Delmar Janovec, CEO comments, "BizAuctions, a Titanium Powerseller, on eBay through its eBay store name: BusinessAuctions Inc, Cyber Monday will launch special promotions that will run through the Holiday Season for its customers that are looking for great buys on a wide variety of name brand products that BizAuctions customers have become accustomed to. Also, our Lucky 7's retail store in Chula Vista will be offering some exceptional promotions beginning on Black Friday through the Holiday Season that offers great purchases on brand name clothing and special merchandise." "BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. BizAuctions consigns, buys inventory, and liquidates through eBay, its recently opened retail store, Lucky 7's, and soon through its recently announced Letter of Intent with Midwest Outlet Centers," continues Janovec.
The Company's clients have included some of the Nation's leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay.
More information is available at www.BizAuctions.com. Investors and media can receive a free investor kit for BizAuctions, Inc. by contacting Investor Relations at investors@BizAuctions.com or (800) 961-3275. A virtual tour of BizAuctions' facilities and flash video presentation can be viewed at http://www.bizauctions.com/ ABOUT BIZAUCTIONS - ADDRESSING THE $60 BILLION PROBLEM BizAuctions, Inc. (Pink Sheets: BZCN) is a prime provider of commercial eBay liquidation services for excess inventory, overstock items, and returns. Our clients have included some of the Nation's leading retail names at the forefront of their industries.
BizAuctions addresses the $60 billion excess inventory problem for clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay, and collecting payment.
We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space.
With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory on eBay.
The Company encourages the public to read the above information in conjunction with its year-end statement for December 31, 2008, and the quarterly statements filed in calendar year 2009, at www.PinkSheets.com.
The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "may," "could," "possibly," "feel," "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its services, competition, limited service facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein.
Americas Energy Company - Tennessee Signs Agreement to Purchase Evan's Coal Company, Inc.
KNOXVILLE, TN, Nov 24, 2009 -- Americas Energy Company (OTCBB: AENY), a publicly traded company currently based out of British Columbia, and Americas Energy Company, Inc. "AECo," based out of Knoxville, Tennessee, announced today that AECo has entered into an agreement to purchase the assets of 38-year-old Evans Coal Company, Inc. (Evan's), based in Flat Lick, Kentucky. AECo is in the process of being acquired by AENY. AECo began initial mine production on Evan's Upland Church Surface Mine in October of this year and has been negotiating to acquire the balance of their assets. The acquisition includes leased mineral rights to an estimated 25,000 +/- acres of property located in Bell, Harlan, Knox and Breathitt County, Kentucky, 60+ pieces of heavy equipment, and three generations of community service.
"The purchase of Evan's Coal Company will be a major milestone for our company. We are not only acquiring a major specialty coal reserve in Southeastern Kentucky, but more than 40 years of goodwill in the Flat Lick, Pineville, Kentucky area. Mr. John Gargis, our Executive Vice President, is overseeing the production from the Upland Church mine as well as the acquisition of Evans Coal Company," said Chris Headrick, President and Co-CEO of Americas Energy Company. Mr. Headrick added, "We plan to maintain that strong community presence and develop the assets the Evan's family assembled over the last 15 years. Evan's has an enormous high-grade specialty coal reserve that includes Kentucky Blue Gem, Jellico and the Harlan coal seams. We are also acquiring two additional Mining Permits that will allow us to immediately begin expanding our specialty coal production. Mr. Gargis plans to begin operations on the Hwy 92 permit in the first weeks of December in the Upper and Lower Rooster coal seams producing an estimated 15,000-20,000 short tons of coal per month. We also plan initiate an aggressive drilling plan to further identify our reserve base of high-grade specialty coal across the property. " About Americas Energy Company We are a consolidator of high quality energy properties, operating out of our main offices in Knoxville, TN. We currently operate projects in both Kentucky and Tennessee. AECo invests in energy projects throughout the Americas. We are currently evaluating several additional coal projects, as well as an oil and gas rework project in Southeastern Kentucky.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: The statements in this release relating to completion of the acquisition and the positive direction are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties which may arise, the failure to obtain necessary approvals, the failure to complete the business combination between AECo - Tennessee and AENY - British Columbia, the future market price of AENY common stock and the ability to obtain the necessary financing.
Metatron Acquires PB Magic Inc.
Creative and Technical Backbone of Future Growth Acquired in All Stock Transaction
SAN DIEGO, CA, Nov 23, 2009 -- Metatron, Inc. (PINKSHEETS: MRNJ) is pleased to announce that it has completed the acquisition of PB Magic, Inc. for five million shares of its restricted common stock valued at $0.15 per share.
Founded in 2000, PB Magic provides web hosting, design, development, custom programming, database integration, and PPC/SEC advertising campaign management to Fortune 500, public sector and small business clientele. The firm has been engaged by hundreds of high profile clients throughout its history including Boeing, Scudder Investments, ADM, and Yum! Brands (Kentucky Fried Chicken), and has averaged approximately $1.5 million in profitable revenue per year since inception.
Metatron CEO Joe Riehl said, "PB Magic delivers a unique combination of application management and implementation, hosting and content delivery services to provide full cycle support for today's industry leaders. Apart from their own operations, we see PB Magic as the technological backbone and creative engine for everything we do. This is a key acquisition that helps us set the table for the future." About PB Magic Inc.
PB Magic provides outsourced enterprise applications and related technology services to drive efficiency and effectiveness in information technology operations for all sized companies. Our experience and proven expertise in vertical markets like publishing, media, entertainment, financial services, software and public sector creates success for our clientele.
About Metatron Inc.
Metatron Inc. is a diversified internet holding company with a mission to harness the power of today's online and wireless consumer interactivity to make daily life easier, more productive and more entertaining for people all over the world. For more information on the Company, please visit www.metatroninc.com.
Forward-Looking Statements Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company's operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward-looking statement.
Eagle Oil Holding Company Obtains Bridge Financing and Announces Plan to Commence Oil Pumping
RENO, Nev., Nov 23, 2009 -- Eagle Oil Holding Company, Inc. (OTCBB: EGOH) ("Eagle Oil") is pleased to announce that it has received sufficient bridge financing to allow EGOH to commence pumping operations in its East Texas oil field. EGOH now expects to be able to restart the pumps on the four wells which have already been reconditioned as part of its plan to return all of its wells back to production. The Company is currently seeking additional funding to expedite its operating plan to test and then recondition an additional 10 to 20 wells in the upcoming months.
Eagle Oil is an independent growth-oriented energy company engaged in the exploration and production of oil through the development of repeatable, low geological risk, high potential projects in the active East Texas oil and gas region. The Company currently holds a 78% working interest in 173 wells located in the Historic Woodbine Oil Field in East Texas. Engineering reports show that EGOH's oil field contains over 12 million barrels of oil in place.
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "should," "intends," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports filed with the Securities and Exchange Commission.
Health Sciences Group, Inc. Company Update
INDIAN HARBOR BEACH, Fla., Nov 23, 2009 -- Health Sciences Group, Inc. (Pink Sheets:HESG) would like to announce that:
1. The Company has retained the accounting firm of RR Hawkins and associates to first complete the company's financials to be in accordance with pinksheets.com for purposes of moving up from limited information to current information. This process will also aid in moving to the otcbb 2. The Company has identified several properties in the Los Angeles area for offices.
3. The company's lawyer Robert Young has obtained the proper applications for marijuana dispensaries in LA County.
ABOUT HEALTH SCIENCES GROUP, INC.
Health Sciences Group, Inc. is a provider of health and wellness services to consumers, physicians and other healthcare professionals through its website, www.igohealthy.org, and health focused publications. The Health Sciences network consists of its public website, www.igohealthy.org, and iGoHealthy Magazine. The Company operates in three segments: Online Services, Publishing and Other Services. The Company is recently exploring options of corporate growth within the Legal Medical Marijuana Industry.
FORWARD-LOOKING DISCLAIMER This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Health Sciences Group, Inc. to be materially different from the statements made herein.
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Tags: acquisition advertising british columbia broker business ceo coal commercial community consumer corporate dealer email e-mail energy engineering entertainment executive family financial results financial services health healthcare hosting information technology internet investment investment opinion kentucky magazine market media medical mining nevada oil oil and gas online physicians president prices products profit programming property publishing retail revenue securities small business software subscription technology tennessee texas video web wireless
Companies: Americas Energy Co (AENY), BizAuctions Inc (BZCN), Eagle Oil Holding Co Inc (EGOH), Eagle Oil Holding Co Inc (EGOHE), Health Sciences Group Inc. (HESG), Metatron Inc (MRNJ)
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Founded in 1995, eBay Inc. is the worldwide leader in shopping and payments on the web. Every day, we connect hundreds of millions of buyers and sellers — and we continue to find ...
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