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8 Sep, 2008 12:03 am by Sam E. Antar
... proceeds of $239,764 or about $8.98 per share. Kong and other Bidz.com insiders have unloaded about 480,000 shares so far this year, pocketing ... twice the amount of net cash provided by operating activities. At the end of the second quarter, the Bidz.com cash balance dropped $5.975 million to a mere $618,000 from $6 ... during the six-month period. In a previous blog post, I raised serious questions about Bidz.com's compliance with GAAP in valuing inventory. In addition, by June 2008, the company spent ...
White Collar Fraud - http://whitecollarfraud.blogspot.com/
24 Jun 5:30 pm by Sam E. Antar
Bidz.com (NASDAQ: BIDZ) should seriously consider replacing Stonefield Josephson Inc. as its auditors. According to a March 2007 Public Company Accounting Oversight Board (PCAOB) Inspection Report, Stonefield Josephson, Inc. was cited for significant deficiencies in five of thirteen audits reviewed or about 38.5% of audits sampled. See below: The scope of the inspection procedures performed included reviews ...
White Collar Fraud - http://whitecollarfraud.blogspot.com/
11 May 3:31 am
... apparently postponed activity against nonfinancial companies involved the online auction company, Bidz.com. As reflected in their May 7, 2009 press release (here), plaintiffs' counsel ... period ends more than a year and half before the case was filed. The Bidz.com action joins several other recently filed securities class action lawsuits ... filed on April 14, 2009 in the Southern District of New York against Coach, Inc., the fashion accessory and leather goods company, the class period proposed runs ...
The D & O Diary - http://www.dandodiary.com/
13 Jun, 2008 3:40 am
... IPRoo), Costs decision: Nutrasweet Australia Pty Ltd v Ajinomoto Co Inc: (IPRoo), Gordon J upholds breach of confidentiality and copyright: Krueger Transport ... Storage: (IPRoo), TMO decides SIX IN THE CITY registrable: Home Box Office, Inc v Susan Stigwood Pty Ltd: (IPRoo), Employment qualifications for registered patent ... Blog), eBay - Transauction files patent infringement lawsuit against eBay, Overstock, Bidz.com, uBid.com and WineCommune.com over their offering guaranteed or bonded online auctions ...
IP Thinktank - http://duncanbucknell.com/blog
5 Aug 12:03 am by The Docket Navigator
Granted: •Transauction LLC v. Bidz.com, Inc. et al. , 2-08-cv-00232 (TXED August 3, 2009). •Nuance Communications, Inc. v. Vlingo Corp., 5-08-cv-00102 (TXED August 3, 2009). Denied: •Novartis Vaccines & Diag., Inc. v. Hoffmann-La Roche Inc., 2-07-cv-00507 (TXED August 3, 2009). •Thermal Scalpel LLC v. Covidien Ltd., 2- ... Oncor Electric Delivery Company LLC., 2-09-cv-00037 (TXED August 3, 2009). •Motorola Inc v. Vtech Communications, Inc., 5-07-cv-00171 (TXED August 3, 2009).
Docket Report Patent Infringement Blog - http://docketreport.blogspot.com/
         
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