VIRTUALSELLERS COM INC
S-8, EX-5, 2000-07-20
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
Previous: VIRTUALSELLERS COM INC, S-8, EX-4.1, 2000-07-20
Next: VIRTUALSELLERS COM INC, S-8, EX-23.2, 2000-07-20



                               [GRAPHIC  OMITTED]

July  19,  2000

Board  of  Directors
VirtualSellers.com,  Inc.
Suite  1000,  120  North  LaSalle  Street
Chicago,  Illinois  60602

Dear Sirs :

          We  are  counsel  to  Virtualsellers.com,  Inc. (the "Corporation"), a
corporation  existing  under  the  Canada  Business  Corporations  Act, and have
assisted in the preparation of the Registration Statement of the Company on Form
S-8  (the "Registration Statement") covering 25,000 common shares (the "Shares")
in  the  capital of the Corporation granted or issuable pursuant to a Directors'
Consent  Resolution,  dated  as  of  July  11,  2000.

          We  have  examined  originals  or  copies,  certified  or  otherwise
identified  to  our  satisfaction  of  the  resolutions  of the directors of the
Company with respect to the matters herein.  We have also examined such statutes
and  public  and  corporate  records  of  the  Company, and have considered such
questions  of  law  as  we have deemed relevant and necessary as a basis for the
opinion  expressed herein.  We have for the purposes of this opinion assumed the
genuineness  of all signatures examined by us, the authenticity of all documents
and  records  submitted  to  us  as originals and the conformity to all original
documents  of  all  documents  submitted  to  us  as  certified,  photostatic or
facsimile  copies.

          Based  upon  and  subject  to  the  foregoing,  and  subject  to  the
qualifications  hereinafter  expressed, we are of the opinion that each Share to
be  issued  and  sold by the Company pursuant to the Registration Statement will
be,  when  sold  and  paid  for  pursuant to the terms of the Agreement, validly
issued,  fully  paid  and  non-assessable.

          This opinion is being furnished  solely  in connection with the filing
of  the  Registration Statement with the Securities and Exchange Commission, and
we  hereby consent to the use of this  opinion as an exhibit to the Registration
Statement.  This opinion may not be relied upon,  used  by or distributed to any
person or entity for any other purpose  without  our  prior  written  consent.

Yours  truly,

CLARK,  WILSON

/s/ Clark, Wilson



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission