Author Topic: OSTK - Overstock.com  (Read 112010 times)

Liberty

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Re: OSTK - Overstock.com
« Reply #380 on: March 15, 2018, 03:56:48 PM »
-13% after-hours on Q4 results:

http://investors.overstock.com/phoenix.zhtml?c=131091&p=irol-newsArticle&ID=2338378

Quote
FY 2017 revenue of $1.7 billion (-3% growth) and pre-tax loss of ($47.7) million
Q4 2017 revenue of $456 million (-13% growth) and pre-tax loss of ($24.9) million
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Liberty

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Re: OSTK - Overstock.com
« Reply #381 on: March 27, 2018, 06:15:34 AM »
"Most haystacks don't even have a needle." |  I'm on Twitter  | Watch this, please (new link)

mwtorock

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Re: OSTK - Overstock.com
« Reply #382 on: March 27, 2018, 08:24:46 AM »
wondering who are the buyers of this offering... it is more than 10% if it all goes to one buyer... and who are these buyers can 'bring something to the table'?  :P

Maybe they just need the cash to burn for all these investments...

Foreign Tuffett

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Re: OSTK - Overstock.com
« Reply #383 on: July 11, 2018, 09:16:19 PM »
6/29: OSTK announces that GSR Capital will purchase $160 million in tZero tokens

7/2: Nissan Motor cancels planned $1 billion sale of its electric car battery unit to GSR, claiming that GSR lacked the funds to complete the purchase, despite the deal close being delayed several times

https://asia.nikkei.com/Business/Business-Deals/Nissan-cancels-900m-sale-of-battery-subsidiary-to-China-s-GSR


I go to GSR's website and the most recent PR (dated 8/8/2017) is titled "GSR Capital Acquires Nissanís Battery Business."

GSR is based in Beijing and Hong Kong, but claims to have an office in Palo Alto, CA. The phone # listed is 1-650-331-7300. I Google'd this # and the first result is Sunsun Lighting Co. Sunsun looks like a company that GSR made a venture capital type investment in some years ago.

Then I Google'd the fax number (1-650-331-7301) GSR lists for its Palo Alto office. The first result is DHVC (aka "Danhua Capital"), an unaffiliated Chinese venture capital-outfit.

Seems legit........