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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: WhatsUpWithThat who wrote (28656)4/29/1999 2:00:00 PM
From: Pluvia  Read Replies (3) of 37507
 
****BIDS NOT CURRENT WITH SEC FILINGS****

See Page 1 of the most recent SEC filing...

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"Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes_____ No X"
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<<<Two points: where did you define revenue at all in your statement, and why do you consider that your definition should hold sway over GAAP? The statements were audited by a major international accounting firm (Deloitte and Touche), and reviewed and approved by the SEC and TSE. They're wrong and you're right? Yow!>>>


My large and well respected accouting staff questions BIDS method of revenue recognition. Furthermore, I see no evidence that D&T has audited BIDS 1998 financials.

Can you please show me where you found that information?
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