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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: WhatsUpWithThat who wrote (28656)4/29/1999 2:00:00 PM
From: Pluvia  Read Replies (3) | Respond to 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?



To: WhatsUpWithThat who wrote (28656)4/29/1999 2:54:00 PM
From: GoNorth  Respond to of 37507
 
WhatsUpWithHim, face the facts - BII will never have a bottom line because it "GIVES EVERYTHING AWAY" and then tries to use some FUNNY ACCOUNTING to make things look ma little better. Well - things look the same. BII has no GM, big burn rate, questionable technology capacity (note how many people had trouble accessing their Live Joke Auction)poor to very poor merchandise selection, minimal marketing,....... need I go on? Open your eyes WUWH! before it's too late.