As filed with the Securities and Exchange
   Commission on March 17, 2000                              Registration No.
================================================================================

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

                                    FORM S-8
                             REGISTRATION STATEMENT
                        UNDER THE SECURITIES ACT OF 1933

                             ABLEAUCTIONS.COM, INC.
             (Exact name of Registrant as specified in its charter)

          Florida                                     Not Applicable
-------------------------------              -----------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
 incorporation or organization)

                              1963 Lougheed Highway
                   Coquitlam, British Columbia, Canada V3K 3T8
                                 (604) 521-2253
                  ----------------------------------------------
                     Address of Principal Executive Offices

                             1999 Stock Option Plan
           Stock Option Granted on October 14, 1999 to Barrett Sleeman
                  ----------------------------------------------
                            (Full title of the plan)

                              CT Corporation System
                              1200 Pine Island Road
                        Plantation, Florida, U.S.A. 33324
                  ----------------------------------------------
                     (Name and address of agent for service)

                                 (954) 473-5503
                  ----------------------------------------------
          (Telephone number, including area code, of agent for service)

                         CALCULATION OF REGISTRATION FEE
<TABLE>
-----------------------------------------------------------------------------------------------------------------------------------
Title of Each Class of Securities            Amount to be       Proposed Maximum           Proposed Maximum          Amount of
to be Registered(1)                           Registered     Offering Price Per Share   Aggregate Offering Price   Registration Fee
-----------------------------------------------------------------------------------------------------------------------------------
<S>                                          <C>                     <C>                        <C>                    <C>
Common Stock subject to an outstanding       50,000 shares           $3.20                      $160,000               $43.04
option under the Barrett Sleeman Grant
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock subject to outstanding         967,500 shares           $4.10(2)                 $3,966,750            $1,067.06
options under the 1999 Stock Option Plan
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock not subject to outstanding   2,032,500 shares           $8.25(3)                $16,768,125            $4,510.63
options under the 1999 Stock Option Plan
-----------------------------------------------------------------------------------------------------------------------------------
Total                                     3,050,000 shares                                   $20,894,875            $5,620.73
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(1)  Common  Stock,  with a par  value  of  $0.001  per  share,  offered  by the
     Registrant pursuant to the Plan described herein.
(2)  Based on the average exercise price of options granted under the 1999 Stock
     Option Plan  outstanding as of the date of the filing of this  registration
     statement.
(3)  The proposed maximum offering price per share and the registration fee were
     calculated in accordance with rule 457(c) and (h) based on the average high
     and low  prices  for the  Registrant's  shares of common  stock on March 2,
     2000,  as  quoted  on  the  National   Association  of  Securities   Dealer
     Over-The-Counter Bulletin Board, which was US$8.25 per share.

================================================================================

<PAGE>
                                       2



This registration statement on Form S-8 registers shares of common stock, with a
par value of $0.001 per share, of  Ableauctions.com,  Inc. (the "Registrant") to
be issued  pursuant to the exercise of options or rights granted under the Stock
Option Grant to Barrett Sleeman and the Registrant's 1999 Stock Option Plan.

           PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.  Incorporation of Documents by Reference.

The documents  listed in (a) through (c) below are  incorporated by reference in
this registration statement.

     (a)  The Registrant's  registration  statement on Form 10-SB filed with the
          Securities and Exchange  Commission under the Securities  Exchange Act
          of 1934,  as amended  (the  "Exchange  Act"),  on November  18,  1999,
          including any amendment  thereto,  and  containing  audited  financial
          statements for the Registrant's latest fiscal year.

     (b)  All other  reports  filed  pursuant  to Section  13(a) or 15(d) of the
          Exchange  Act  since  the  end  of  the  fiscal  year  covered  by the
          Registrant's Form 10-SB referred to in (a) above.

     (c)  The  description  of  the  Registrant's  securities  contained  in the
          Registrant's  registration  statement  on Form  10-SB  filed  with the
          Securities and Exchange  Commission under the Exchange Act on November
          18, 1999,  including  any amendment or report filed for the purpose of
          updating such description.

All documents filed by the Registrant  pursuant to Section 13(a),  13(c), 14, or
15(d) of the  Exchange  Act after the date  hereof  and  before  the filing of a
post-effective amendment,  which indicates that all securities offered have been
sold or which deregisters all securities then remaining  unsold,  will be deemed
to be incorporated by reference  herein and to be a part hereof from the date of
filing of those documents.

Item 4.  Description of Securities.

Not Applicable.

Item 5.  Interests of Named Experts and Counsel.

None.

Item 6.  Indemnification of Directors and Officers.

The  Registrant's  Bylaws  require the  indemnification,  to the fullest  extent
permitted  by law, of each person that is  empowered  by law to  indemnify.  The
Registrant's Articles of Incorporation

<PAGE>
                                       3



require the  indemnification,  to the fullest  extent  permitted by Florida law,
each person that the Registrant has the power to indemnify.

Florida law permits a corporation,  under specified circumstances,  to indemnify
its  directors,  officers,  employees,  or agents  against  expenses  (including
attorney's fees), judgments, fines, and amounts paid in settlements actually and
reasonably  incurred by them in connection with any action,  suit, or proceeding
brought by third parties by reason of the fact that they were or are  directors,
officers, employees, or agents of the corporation, if those directors, officers,
employees,  or  agents  acted  in good  faith  and in a manner  they  reasonably
believed to be in or not opposed to the best interests of the  corporation  and,
with  respect to any  criminal  action or  proceeding,  had no reason to believe
their conduct was unlawful.  In a derivative action (i.e. one by or in the right
of the corporation),  indemnification may be made only for expenses actually and
reasonably incurred by directors,  officers,  employees, or agents in connection
with the defense or settlement of an action or suit,  and only with respect to a
matter as to which they have acted in good faith and in a manner they reasonably
believed  to be in or not  opposed  to the best  interests  of the  corporation,
except that no  indemnification  will be made if that  person has been  adjudged
liable to the corporation, unless and only to the extent that the court in which
the action or suit was brought  determines  on  application  that the  defendant
directors,  officers, employees, or agents are fairly and reasonably entitled to
indemnity for expenses the adjudication of liability.

The Registrant's  Articles of Incorporation  and Bylaws also contain  provisions
stating  that  no  director  will  be  liable  to the  Registrant  or any of its
stockholders  for monetary  damages for breach of fiduciary  duty as a director,
except with  respect to: (1) a breach of the  director's  duty of loyalty to the
corporation  or its  stockholders;  (2) acts or  omissions  not in good faith or
which  involve  intentional  misconduct  or a  knowing  violation  of  law;  (3)
liability under Florida law (for unlawful payment of dividends or unlawful stock
purchases or redemptions);  or (4) a transaction from which the director derived
an improper  personal benefit.  The intention of the foregoing  provisions is to
eliminate the liability of the  Registrant's  directors or  stockholders  to the
fullest extent permitted Florida law.

Item 7.  Exemption from Registration Claimed.

Not Applicable.

Item 8.  Exhibits.

 Exhibit
  Number         Exhibit
---------        -------

   4.1           Stock Option Grant to Barrett Sleeman
   4.2           1999 Stock Option Plan
   5.1           Opinion of Eric Littman
  23.1           Consent of Davidson & Company, Chartered Accountants
  23.2           Consent of Eric Littman (Included in Exhibit 5.1)
  24.1           Power of Attorney (See page 7 of this registration statement)


<PAGE>
                                       4



Item 9.  Undertakings.

(a)  The Registrant hereby undertakes:

     (1)  To file,  during any period in which offers or sales are being made, a
          post-effective amendment to this registration statement:

          (i)       to include any  prospectus  required by Section  10(a)(3) of
                    the Securities Act;

          (ii)      to reflect in the  prospectus any facts or events that arise
                    after the effective date of the  registration  statement (or
                    the most recent  post-effective  amendment thereof),  which,
                    individually  or in the  aggregate,  represent a fundamental
                    change  in the  information  set  forth in the  registration
                    statement.  Despite the foregoing,  any increase or decrease
                    in volume of  securities  offered (if the total dollar value
                    of  securities  offered  would  not  exceed  that  which was
                    registered)  and any  deviation  from the low or high and of
                    the estimated maximum offering range may be reflected in the
                    form of prospectus  filed with the  Securities  and Exchange
                    Commission pursuant to Rule 424(b) if, in the aggregate, the
                    change  in  volume  and  price  represents  no more than 20%
                    change in the maximum aggregate  offering price set forth in
                    the "Calculation of Registration Fee" table in the effective
                    registration statement;

          (iii)     to include any material information with respect to the plan
                    of distribution not previously disclosed in the registration
                    statement or any material change to that  information in the
                    registration statement;

          provided,  however,  that  paragraphs  (a)(1)(i) and (a)(1)(ii) do not
          apply if the registration  statement is on Form S-3, Form S-8, or Form
          F-3 and the  information  required to be included in a  post-effective
          amendment by those  paragraphs is contained in periodic  reports filed
          with or  furnished to the  Commission  by the  Registrant  pursuant to
          Section 13 or Section 15(d) of the Exchange Act that are  incorporated
          by reference in this registration statement.

     (2)  That for the purpose of determining any liability under the Securities
          Act,  each  post-effective  amendment  will  be  deemed  to  be a  new
          registration statement relating to the securities offered therein, and
          the offering of those securities at that time will be deemed to be the
          initial bona fide offering thereof.

     (3)  To remove from registration by means of a post-effective amendment any
          of  the  securities  being  registered  which  remain  unsold  at  the
          termination of the offering.

(b)  The  undersigned   Registrant  hereby  undertakes  that,  for  purposes  of
     determining  any  liability  under the  Securities  Act, each filing of the
     Registrant's annual report pursuant to


<PAGE>
                                       5



     Section 13(a) or Section 15(d) of the Exchange Act (and, where  applicable,
     each filing of an employee benefit plan's annual report pursuant to section
     15(d)  of the  Exchange  Act)  that is  incorporated  by  reference  in the
     registration  statement will be deemed to be a new  registration  statement
     relating  to the  securities  offered  therein,  and the  offering of those
     securities at that time will be deemed to be the initial bona fide offering
     thereof.

(c)  Insofar as indemnification for liabilities arising under the Securities Act
     may be permitted to  directors,  officers  and  controlling  persons of the
     Registrant  pursuant  to  the  foregoing   provisions  or  otherwise,   the
     Registrant  has been advised  that,  in the opinion of the  Securities  and
     Exchange  Commission,  that  indemnification  is against  public  policy as
     expressed in the  Securities  Act and is,  therefore,  unenforceable.  If a
     claim for  indemnification  against  liabilities (other than the payment by
     the  Registrant  of expenses  incurred or paid by a director,  officer,  or
     controlling  person of the  Registrant  in the  successful  defense  of any
     action,  suit,  or  proceeding)  is asserted by the director,  officer,  or
     controlling person in connection with the securities being registered,  the
     Registrant  will,  unless in the opinion of its counsel the matter has been
     settled  by  controlling  precedent,  submit  to  a  court  of  appropriate
     jurisdiction the question of whether the  indemnification  by it is against
     public policy as expressed in the  Securities Act and that question will be
     governed by the final adjudication of the issue.




<PAGE>
                                       6



                                   SIGNATURES

     The Registrant. Pursuant to the requirements of the Securities Act of 1933,
the Registrant certifies that it has reasonable grounds to believe that it meets
all of the  requirements  for  filing  on  Form  S-8 and has  duly  caused  this
registration statement to be signed on its behalf by the undersigned,  thereunto
duly authorized, in the City of Burnaby,  Province of British Columbia,  Canada,
on this 9th day of March, 2000.

                                     ABLEAUCTIONS.COM, INC.


                                     By: /s/ Abdul Ladha
                                         ---------------------------------------
                                         Abdul Ladha, Chief Executive Officer



<PAGE>
                                       7



                                POWER OF ATTORNEY

     Each person whose  signature  appears below  constitutes and appoints Abdul
Ladha and N.H. (Nosh) Vellani,  or any of them, his  attorney-in-fact,  with the
power  of  substitution,  for  them  in any  and all  capacities,  to  sign  any
amendments to this  registration  statement and to file the same,  with exhibits
thereto and other  documents in connection  therewith,  with the  Securities and
Exchange   Commission,   hereby   ratifying   and   confirming   all  that  said
attorneys-in-fact,  or their  substitute or  substitutes,  may do or cause to be
done by virtue hereof.

     Pursuant to the  requirements  of the  Securities  Act of 1933, as amended,
this  registration  statement  has been signed by the  following  persons in the
capacities and on the date indicated.

Signature                       Title                            Date
---------                       -----                            ----


/s/ Abdul Ladha                 Chairman of the Board,            March 9, 2000
-------------------------       Chief Executive Officer
Abdul Ladha                     and Director
                                (Principal Executive Officer)


/s/ N.H. (Nosh) Vellani         Chief Financial Officer           March 9, 2000
-------------------------       (Principal Financial Officer
N.H. (Nosh) Vellani             and Accounting Officer)


/s/ Barrett Sleeman             Director                          March 9, 2000
-------------------------
Barrett Sleeman


<PAGE>


                                  EXHIBIT INDEX

Exhibit
 Number          Exhibit                                                   Page
-------          -------                                                   ----

  4.1            Stock Option Grant to Barrett Sleeman
  4.2            1999 Stock Option Plan
  5.1            Opinion of Eric Littman
 23.1            Consent of Davidson & Company, Chartered Accountants
 23.2            Consent of Eric Littman (Included in Exhibit 5.1)
 24.1            Power of Attorney (See page 7 of this registration statement)
[{"type": "S-8", "sequence": "1", "description": "REGISTRATION STATEMENT", "secsgml_size_bytes": 18160}]
{"company-data": {"conformed-name": "ABLEAUCTIONS COM INC", "cik": "0001099290", "assigned-sic": "7389", "state-of-incorporation": "FL", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-32740", "film-number": "572918"}, "business-address": {"street1": "1963 LOUGHEED HIGHWAY", "street2": "V3K 3T8", "city": "COQUITLAN BC CANADA", "phone": "6045212253"}, "mail-address": {"street1": "1963 LOUGHEED HIGHWAY", "street2": "V3K 3T8", "city": "COQUITLAM BC CANADA"}}
As filed with the Securities and Exchange
   Commission on March 17, 2000                              Registration No.
================================================================================

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

                                    FORM S-8
                             REGISTRATION STATEMENT
                        UNDER THE SECURITIES ACT OF 1933

                             ABLEAUCTIONS.COM, INC.
             (Exact name of Registrant as specified in its charter)

          Florida                                     Not Applicable
-------------------------------              -----------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
 incorporation or organization)

                              1963 Lougheed Highway
                   Coquitlam, British Columbia, Canada V3K 3T8
                                 (604) 521-2253
                  ----------------------------------------------
                     Address of Principal Executive Offices

                             1999 Stock Option Plan
           Stock Option Granted on October 14, 1999 to Barrett Sleeman
                  ----------------------------------------------
                            (Full title of the plan)

                              CT Corporation System
                              1200 Pine Island Road
                        Plantation, Florida, U.S.A. 33324
                  ----------------------------------------------
                     (Name and address of agent for service)

                                 (954) 473-5503
                  ----------------------------------------------
          (Telephone number, including area code, of agent for service)

                         CALCULATION OF REGISTRATION FEE

-----------------------------------------------------------------------------------------------------------------------------------
Title of Each Class of Securities            Amount to be       Proposed Maximum           Proposed Maximum          Amount of
to be Registered(1)                           Registered     Offering Price Per Share   Aggregate Offering Price   Registration Fee
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock subject to an outstanding       50,000 shares           $3.20                      $160,000               $43.04
option under the Barrett Sleeman Grant
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock subject to outstanding         967,500 shares           $4.10(2)                 $3,966,750            $1,067.06
options under the 1999 Stock Option Plan
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock not subject to outstanding   2,032,500 shares           $8.25(3)                $16,768,125            $4,510.63
options under the 1999 Stock Option Plan
-----------------------------------------------------------------------------------------------------------------------------------
Total                                     3,050,000 shares                                   $20,894,875            $5,620.73
-----------------------------------------------------------------------------------------------------------------------------------
(1)  Common  Stock,  with a par  value  of  $0.001  per  share,  offered  by the
     Registrant pursuant to the Plan described herein.
(2)  Based on the average exercise price of options granted under the 1999 Stock
     Option Plan  outstanding as of the date of the filing of this  registration
     statement.
(3)  The proposed maximum offering price per share and the registration fee were
     calculated in accordance with rule 457(c) and (h) based on the average high
     and low  prices  for the  Registrant's  shares of common  stock on March 2,
     2000,  as  quoted  on  the  National   Association  of  Securities   Dealer
     Over-The-Counter Bulletin Board, which was US$8.25 per share.

================================================================================
2

This registration statement on Form S-8 registers shares of common stock, with a
par value of $0.001 per share, of  Ableauctions.com,  Inc. (the "Registrant") to
be issued  pursuant to the exercise of options or rights granted under the Stock
Option Grant to Barrett Sleeman and the Registrant's 1999 Stock Option Plan.

           PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.  Incorporation of Documents by Reference.

The documents  listed in (a) through (c) below are  incorporated by reference in
this registration statement.

     (a)  The Registrant's  registration  statement on Form 10-SB filed with the
          Securities and Exchange  Commission under the Securities  Exchange Act
          of 1934,  as amended  (the  "Exchange  Act"),  on November  18,  1999,
          including any amendment  thereto,  and  containing  audited  financial
          statements for the Registrant's latest fiscal year.

     (b)  All other  reports  filed  pursuant  to Section  13(a) or 15(d) of the
          Exchange  Act  since  the  end  of  the  fiscal  year  covered  by the
          Registrant's Form 10-SB referred to in (a) above.

     (c)  The  description  of  the  Registrant's  securities  contained  in the
          Registrant's  registration  statement  on Form  10-SB  filed  with the
          Securities and Exchange  Commission under the Exchange Act on November
          18, 1999,  including  any amendment or report filed for the purpose of
          updating such description.

All documents filed by the Registrant  pursuant to Section 13(a),  13(c), 14, or
15(d) of the  Exchange  Act after the date  hereof  and  before  the filing of a
post-effective amendment,  which indicates that all securities offered have been
sold or which deregisters all securities then remaining  unsold,  will be deemed
to be incorporated by reference  herein and to be a part hereof from the date of
filing of those documents.

Item 4.  Description of Securities.

Not Applicable.

Item 5.  Interests of Named Experts and Counsel.

None.

Item 6.  Indemnification of Directors and Officers.

The  Registrant's  Bylaws  require the  indemnification,  to the fullest  extent
permitted  by law, of each person that is  empowered  by law to  indemnify.  The
Registrant's Articles of Incorporation
3

require the  indemnification,  to the fullest  extent  permitted by Florida law,
each person that the Registrant has the power to indemnify.

Florida law permits a corporation,  under specified circumstances,  to indemnify
its  directors,  officers,  employees,  or agents  against  expenses  (including
attorney's fees), judgments, fines, and amounts paid in settlements actually and
reasonably  incurred by them in connection with any action,  suit, or proceeding
brought by third parties by reason of the fact that they were or are  directors,
officers, employees, or agents of the corporation, if those directors, officers,
employees,  or  agents  acted  in good  faith  and in a manner  they  reasonably
believed to be in or not opposed to the best interests of the  corporation  and,
with  respect to any  criminal  action or  proceeding,  had no reason to believe
their conduct was unlawful.  In a derivative action (i.e. one by or in the right
of the corporation),  indemnification may be made only for expenses actually and
reasonably incurred by directors,  officers,  employees, or agents in connection
with the defense or settlement of an action or suit,  and only with respect to a
matter as to which they have acted in good faith and in a manner they reasonably
believed  to be in or not  opposed  to the best  interests  of the  corporation,
except that no  indemnification  will be made if that  person has been  adjudged
liable to the corporation, unless and only to the extent that the court in which
the action or suit was brought  determines  on  application  that the  defendant
directors,  officers, employees, or agents are fairly and reasonably entitled to
indemnity for expenses the adjudication of liability.

The Registrant's  Articles of Incorporation  and Bylaws also contain  provisions
stating  that  no  director  will  be  liable  to the  Registrant  or any of its
stockholders  for monetary  damages for breach of fiduciary  duty as a director,
except with  respect to: (1) a breach of the  director's  duty of loyalty to the
corporation  or its  stockholders;  (2) acts or  omissions  not in good faith or
which  involve  intentional  misconduct  or a  knowing  violation  of  law;  (3)
liability under Florida law (for unlawful payment of dividends or unlawful stock
purchases or redemptions);  or (4) a transaction from which the director derived
an improper  personal benefit.  The intention of the foregoing  provisions is to
eliminate the liability of the  Registrant's  directors or  stockholders  to the
fullest extent permitted Florida law.

Item 7.  Exemption from Registration Claimed.

Not Applicable.

Item 8.  Exhibits.

 Exhibit
  Number         Exhibit
---------        -------

   4.1           Stock Option Grant to Barrett Sleeman
   4.2           1999 Stock Option Plan
   5.1           Opinion of Eric Littman
  23.1           Consent of Davidson & Company, Chartered Accountants
  23.2           Consent of Eric Littman (Included in Exhibit 5.1)
  24.1           Power of Attorney (See page 7 of this registration statement)
4

Item 9.  Undertakings.

(a)  The Registrant hereby undertakes:

     (1)  To file,  during any period in which offers or sales are being made, a
          post-effective amendment to this registration statement:

          (i)       to include any  prospectus  required by Section  10(a)(3) of
                    the Securities Act;

          (ii)      to reflect in the  prospectus any facts or events that arise
                    after the effective date of the  registration  statement (or
                    the most recent  post-effective  amendment thereof),  which,
                    individually  or in the  aggregate,  represent a fundamental
                    change  in the  information  set  forth in the  registration
                    statement.  Despite the foregoing,  any increase or decrease
                    in volume of  securities  offered (if the total dollar value
                    of  securities  offered  would  not  exceed  that  which was
                    registered)  and any  deviation  from the low or high and of
                    the estimated maximum offering range may be reflected in the
                    form of prospectus  filed with the  Securities  and Exchange
                    Commission pursuant to Rule 424(b) if, in the aggregate, the
                    change  in  volume  and  price  represents  no more than 20%
                    change in the maximum aggregate  offering price set forth in
                    the "Calculation of Registration Fee" table in the effective
                    registration statement;

          (iii)     to include any material information with respect to the plan
                    of distribution not previously disclosed in the registration
                    statement or any material change to that  information in the
                    registration statement;

          provided,  however,  that  paragraphs  (a)(1)(i) and (a)(1)(ii) do not
          apply if the registration  statement is on Form S-3, Form S-8, or Form
          F-3 and the  information  required to be included in a  post-effective
          amendment by those  paragraphs is contained in periodic  reports filed
          with or  furnished to the  Commission  by the  Registrant  pursuant to
          Section 13 or Section 15(d) of the Exchange Act that are  incorporated
          by reference in this registration statement.

     (2)  That for the purpose of determining any liability under the Securities
          Act,  each  post-effective  amendment  will  be  deemed  to  be a  new
          registration statement relating to the securities offered therein, and
          the offering of those securities at that time will be deemed to be the
          initial bona fide offering thereof.

     (3)  To remove from registration by means of a post-effective amendment any
          of  the  securities  being  registered  which  remain  unsold  at  the
          termination of the offering.

(b)  The  undersigned   Registrant  hereby  undertakes  that,  for  purposes  of
     determining  any  liability  under the  Securities  Act, each filing of the
     Registrant's annual report pursuant to
5

     Section 13(a) or Section 15(d) of the Exchange Act (and, where  applicable,
     each filing of an employee benefit plan's annual report pursuant to section
     15(d)  of the  Exchange  Act)  that is  incorporated  by  reference  in the
     registration  statement will be deemed to be a new  registration  statement
     relating  to the  securities  offered  therein,  and the  offering of those
     securities at that time will be deemed to be the initial bona fide offering
     thereof.

(c)  Insofar as indemnification for liabilities arising under the Securities Act
     may be permitted to  directors,  officers  and  controlling  persons of the
     Registrant  pursuant  to  the  foregoing   provisions  or  otherwise,   the
     Registrant  has been advised  that,  in the opinion of the  Securities  and
     Exchange  Commission,  that  indemnification  is against  public  policy as
     expressed in the  Securities  Act and is,  therefore,  unenforceable.  If a
     claim for  indemnification  against  liabilities (other than the payment by
     the  Registrant  of expenses  incurred or paid by a director,  officer,  or
     controlling  person of the  Registrant  in the  successful  defense  of any
     action,  suit,  or  proceeding)  is asserted by the director,  officer,  or
     controlling person in connection with the securities being registered,  the
     Registrant  will,  unless in the opinion of its counsel the matter has been
     settled  by  controlling  precedent,  submit  to  a  court  of  appropriate
     jurisdiction the question of whether the  indemnification  by it is against
     public policy as expressed in the  Securities Act and that question will be
     governed by the final adjudication of the issue.
6

                                   SIGNATURES

     The Registrant. Pursuant to the requirements of the Securities Act of 1933,
the Registrant certifies that it has reasonable grounds to believe that it meets
all of the  requirements  for  filing  on  Form  S-8 and has  duly  caused  this
registration statement to be signed on its behalf by the undersigned,  thereunto
duly authorized, in the City of Burnaby,  Province of British Columbia,  Canada,
on this 9th day of March, 2000.

                                     ABLEAUCTIONS.COM, INC.

                                     By: /s/ Abdul Ladha
                                         ---------------------------------------
                                         Abdul Ladha, Chief Executive Officer
7

                                POWER OF ATTORNEY

     Each person whose  signature  appears below  constitutes and appoints Abdul
Ladha and N.H. (Nosh) Vellani,  or any of them, his  attorney-in-fact,  with the
power  of  substitution,  for  them  in any  and all  capacities,  to  sign  any
amendments to this  registration  statement and to file the same,  with exhibits
thereto and other  documents in connection  therewith,  with the  Securities and
Exchange   Commission,   hereby   ratifying   and   confirming   all  that  said
attorneys-in-fact,  or their  substitute or  substitutes,  may do or cause to be
done by virtue hereof.

     Pursuant to the  requirements  of the  Securities  Act of 1933, as amended,
this  registration  statement  has been signed by the  following  persons in the
capacities and on the date indicated.

Signature                       Title                            Date
---------                       -----                            ----

/s/ Abdul Ladha                 Chairman of the Board,            March 9, 2000
-------------------------       Chief Executive Officer
Abdul Ladha                     and Director
                                (Principal Executive Officer)

/s/ N.H. (Nosh) Vellani         Chief Financial Officer           March 9, 2000
-------------------------       (Principal Financial Officer
N.H. (Nosh) Vellani             and Accounting Officer)

/s/ Barrett Sleeman             Director                          March 9, 2000
-------------------------
Barrett Sleeman
EXHIBIT INDEX

Exhibit
 Number          Exhibit                                                   Page
-------          -------                                                   ----

  4.1            Stock Option Grant to Barrett Sleeman
  4.2            1999 Stock Option Plan
  5.1            Opinion of Eric Littman
 23.1            Consent of Davidson & Company, Chartered Accountants
 23.2            Consent of Eric Littman (Included in Exhibit 5.1)
 24.1            Power of Attorney (See page 7 of this registration statement)