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Overstock.com (NASDA:OSTK) is truly the gift that keeps on giving if you are a fraud investigator. The company and its wacky and incompetent CEO Patrick Byrne have been caught in yet another lie. The antics of Overstock, Byrne, and paid stalkers Judd Bagley and Mark Mitchell have been documented over and over. I’ve really only touched the surface of this issue See the original post: Overstock.com and Patrick Byrne caught in another lie

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Overstock.com and Patrick Byrne caught in another lie

This week I’ve been writing about the cyberstalking activities of Judd Bagley on behalf of the Deep Capture website funded by Patrick Byrne, CEO of Overstock.com. In a nutshell, Byrne and company published a list of their enemies, which essentially includes journalists, bloggers, and hedge fund managers who think Overstock.com is a massive failure and aren’t afraid to talk about it. The enemies list published this week included all the Facebook friends of these enemies, in an apparent attempt to demonstrate the conspiracy to manipulate the stock market these alleged conspirators are involved in. To gather these lists, Judd created a fake Facebook profile under the name Larry Bergman , with a fake picture and profile data to go with it. He then proceeded to “friend” the various enemies so he could access their friend lists and publish his story Read the original: Facebook privacy problem: Deactivate your account

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Facebook privacy problem: Deactivate your account

In the world of Patrick Byrne, CEO of flailing Overstock.com (NYSE:OSTK), his paid stalkers, and his nutty followers, anything and everything is evidence of a massive conspiracy on Wall Street. Involved in this massive conspiracy are “captured” journalists who “take orders” from hedge funds and help manipulate the stockmarket. Read this article: Facebook “friends” are co-conspirators in Overstock.com land

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Facebook “friends” are co-conspirators in Overstock.com land

This week Overstock.com (NASDAQ:OSTK) notified the public that they wouldn’t file their third quarter 10-Q on time. The reason : The registrant has been unable to complete its financial statements for the quarter ended September 30, 2009, as it is continuing to analyze the proper accounting treatment for $785,000 the registrant received during the first quarter of 2009 as repayment  under a new agreement with the vendor for amounts the registrant overpaid to the vendor in 2008 and early 2009.  The registrant believes the amount is properly recognizable in the first quarter of 2009, when the cash was received.  However, the registrant is continuing to review the issue, and may ultimately conclude that the amount should have been recognized in 2008. What Originally posted here: Overstock.com admits they’re clueless about the accounting rules

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Overstock.com admits they’re clueless about the accounting rules