UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

January 31, 2007
Date of Report (Date of earliest event reported)

WORLDBID CORPORATION
(Exact name of registrant as specified in its charter)

NEVADA	000-26729	88-0427619
(State or other jurisdiction of	(Commission File	(IRS Employer Identification No.)
incorporation)	Number)

810 Peace Portal Drive, Suite 201
Blaine, WA	98230
(Address of principal executive offices)	(Zip Code)

(360) 201-0400
Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

____ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

____ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

____ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

____ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

SECTION 3 – SECURITIES AND TRADING MARKETS

ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

Effective January 31, 2007, Worldbid Corporation (the “Company”) issued 1,880,162 units at a price of $0.75 US per unit (the “Units”) to “non-U.S. Persons” as contemplated under Regulation S of the Securities Act of 1933 (the “Securities Act”). Each Unit consists of one share of the Company’s common stock and one-half of one share purchase warrant. Each whole warrant will entitle the holder to purchase an additional share of the Company’s common stock at a price of $0.85 US per share for a period of one (1) year from the date of issuance of the Units.

Also effective January 31, 2007, the Company issued an additional 1,600,000 Units under a separate concurrent offering to “accredited investors” as defined in Rule 506 of Regulation D of the Securities Act.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	WORLDBID CORPORATION

Date: February 6, 2007
	By:	/s/ Logan B. Anderson

		LOGAN B. ANDERSON
		President, Chief Executive Officer,
		and Director

WORLDBID CORP 8-K