Count down to the G&D auction.

[Will Gurton]

I have seen in the terms of other on-line auctions, this exact scenario called out as the tie goes to on-site bidders.

I have also seen fine print that says the auction house has the right to bid against a participant, not necessarily in conjunction with a reserve.

These were not G&D and have not studied thier terms enough to know.

I just post to make folks aware of current practices that are legal with Full Disclosure.

Will