Tagged: overstock

April 21, 2020 @ 11:36 am By JD Alois  |  

The record date for the Overstock digital dividend is nearing (Ex-dividend April 24 and the “Digital Voting Series A-1 Preferred Stock dividend” will be distributed on May 19th). The dividend will trade on the tZERO ATS. Earlier today, tZERO announced that GoldenSand Capital (formerly known… Read More

April 8, 2020 @ 1:45 pm By JD Alois  |  

Overstock (NASDAQ:OSTK) has announced receipt of Depository Trust Company (DTC) granted eligibility for the company’s Digital Voting Series A-1 Preferred Stock, OSTKO. This eligibility allows for depository and book-entry services at DTC – similar to all other traditional exchange-traded shares. Approval by DTC was expected. Yesterday,… Read More

March 13, 2020 @ 8:40 am By JD Alois  |  

Overstock.com (NASDAQ:OSTK), an eCommerce site and blockchain company is out with its Q4 earnings report. During Q4 net revenue declined from the same period last year by 18% to $370.9 million. Overall, Overstock generated as loss of $27 million. Overstock CEO Jonathan Johnson commented on… Read More

March 11, 2020 @ 6:19 pm By JD Alois  |  

Vital Chain, a blockchain-based platform that digitizes birth and death certificates, has announced a partnership with the MetroHealth System. Vital Chain is majority-owned by Ownum. MetroHealth is a sizeable hospital group and public health system supported, in part, by public funds. Based in Cleveland, Ohio,… Read More

March 8, 2020 @ 2:19 pm By Omar Faridi  |  

GrainChain, a blockchain-powered agricultural solution developer, revealed on March 6, 2020, that it secured $8.2 million in funding from Medici Ventures, a subsidiary of retail firm Overstock (NASDAQ:OSTK).   GrainChain also received investments from Eden Block, a blockchain venture company, and several other investors.  GranChain’s investment… Read More

January 31, 2020 @ 4:35 pm By Omar Faridi  |  

tZERO, an established security token platform that’s managed and owned by e-commerce firm Overstock (NASDAQ:OSTK), issued a release letter on January 31 which outlines and recaps the company’s business performance during the past year and it reveals its roadmap for this year. The letter, prepared… Read More

November 26, 2019 @ 12:10 pm By JD Alois  |  

Buyaladdin Inc. has joined the “Affiliate Program” of Overstock (NASDAQ:OSTK). Buyaladdin will now have access to Overstock’s assortment of new home goods products. Buyaladdin plans to launch this initiative in the first quarter of 2020. According to a release, tZERO – a blockchain subsidiary of… Read More

November 14, 2019 @ 8:09 am By JD Alois  |  

Overstock to Float New Shares, Seeks $150 Million Shares in Overstock (NASDAQ:OSTK) are tanking hitting 52-month lows following today’s earnings release and the revelation that the Securities and Exchange Commission has issued a subpoena in October in regards to the digital dividend and former CEO… Read More

October 30, 2019 @ 8:55 am By JD Alois  |  

tZERO, a subsidiary of Overstock (NASDAQ:OSTK) and a prominent digital securities platform, will tokenize a 180-unit luxury residential development that is located in Manchester, UK. The tokenization is being completed in partnership with Alliance Investments, a UK-based direct-to-developer real estate investment company. River Plaza claims… Read More

October 28, 2019 @ 9:43 am By JD Alois  |  

Overstock (NASDAQ:OSTK) says it will hold a shareholder vote regarding approval pertaining to a planned digital dividend powered by tZero. Overstock has indicated it continues to work with regulators on the issuance of the “digital Series A-1 dividend.” In a release, Overstock stated: “Overstock will… Read More

October 12, 2019 @ 5:21 pm By Omar Faridi  |  

The Securities and Exchange Commission (SEC) has filed a notice regarding Box Exchange, a partner of tZero, pertaining to the launch of the Boston Securities and Token Exchange (BSTX) which is seeking regulatory approval to offer publicly traded security tokens. tZero is a subsidiary of… Read More

September 29, 2019 @ 10:00 am By Omar Faridi  |  

A complaint registered on September 27 in Utah alleges that Overstock (NASDAQ:OSTK), former company CEO Patrick Byrne and former CFO Greg Iverson were involved in securities fraud. The suit was filed by Lewis Kahn, of Kahn Swick & Foti, a law firm based in Louisiana,… Read More

September 26, 2019 @ 11:02 pm By Cali Haan  |  

Overstock.com, Inc. (NASDAQ:OSTK) has filed a Form S-3 with the Securities and Exchange Commission (SEC) in order to register its Series A-1 Digital Preferred stock (OSTKO), and “execut(e)…the company’s previously announced dividend.” According to the relevant release from Overstock issued September 24th: “This filing represents an initial… Read More

September 19, 2019 @ 10:04 pm By Cali Haan  |  

Overstock’s (NASDAQ:OSTK) recently departed founder and CEO, Patrick Byrne, sold his entire 13% stake in the company for $90 million USD in the past three days, MarketWatch reports. Byrne left Overstock in August after disclosing in a company news release and in interviews that he’d… Read More

September 6, 2019 @ 2:47 pm By JD Alois  |  

Overstock (NASDAQ:OSTK) has been rattled in recent weeks as founder Patrick Byrne departed from the firm he created as both an executive and a board member. Byrne left Overstock and multiple blockchain-focused projects following revelations of a long time relationship with alleged Russian agent Maria… Read More

September 6, 2019 @ 7:05 am By Cali Haan  |  

An investigation by the SEC into a $134 million STO (security token offering) by Overstock (NASDAQ:OSTK) subsidiary tZERO seems “almost dormant,” Overstock interim CEO Jonathan Johnson told Fox Business this week. Johnson, stepped to helm Overstock, after long-time CEO and founder Patrick Byrne resigned August 22nd…. Read More

August 22, 2019 @ 8:15 pm By JD Alois  |  

Former Overstock (NASDAQ:OSTK) CEO Patrick Byrne was visiting with the studios of Fox News today following his abrupt resignation earlier today from the company he founded. Byrne is widely recognized as a pioneer in the blockchain sector having launched several companies, including tZero, targeting the… Read More

August 22, 2019 @ 1:17 pm By JD Alois  |  

In a “Dear Shareholders” letter, Overstock (NASDAQ:OSTK) CEO and blockchain visionary Patrick Byrne submitted his resignation as both CEO and board member effective immediately. In afternoon trading, shares in Overstock are up by around 7%. The move by Byrne came following the fallout from comments… Read More

August 20, 2019 @ 9:55 am By JD Alois  |  

tZero’s Crypto App has added Ravencoin (RVN) to its virtual currencies available to buy and sell. Ravencoin is the 3rd crypto added following Bitcoin and Ethereum. tZero is a subsidiary of Overstock (NASDAQ:OSTK). Ravencoin currently has a market cap of around $145 million and trades… Read More

August 12, 2019 @ 12:00 pm By JD Alois  |  

tZERO has announced that its security tokens are now available to trade by non accredited invetors. Previously, only accredited investors could trade in the digital security. tZERO is a blockchain-focused subsidiary of Overstock (NASDAQ:OSTK). tZERO is both a trading and primary issuance platform focused on… Read More