==Overstock.com (OSTK) changed its corporate name to Beyond (BYON) on November 6, 2023

• Overstock.com, Inc. changed its corporate name to Beyond, Inc. on November 6, 2023. The company also changed its ticker symbol from OSTK to BYON and moved its stock listing from the Nasdaq Global Market to the New York Stock Exchange. 
• In June 2023, The New York Times reported that Overstock was considering renaming its business entirely in a move to reflect its updated business model. The company was founded 1999 as a liquidator, but has since transformed itself into an online retailer of furniture and home items.
• https://beyond.com/

Insider Trading Tue 10/10/23

Notable purchases -- CEO/Chairman adds to ERAS; CFO adds to UNFI

Buyers:

• ALIT Director bought 50,000 shares at of $6.4491 - $6.45 worth ~$322K.
• ERAS Chairman & CEO bought 1,000,000 shares worth ~$2.0 mln.
• OSTK Director bought 42,200 shares at $16.74 - $17.78 worth ~$736K.
• UNFI CFO bought 5,490 shares at $13.68 - $13.69 worth ~$75K.

Sellers:

• NA

Insider Trading Fri 10/6/23

Notable purchases -- Director adds more to OSTK; notable sales -- Buffett active in HPQ

Buyers:

• AURA Director bought 20,066 shares at $8.00 - $8.66 worth ~$168K.
• OSTK Director Lemons bought another 31,800 shares at $15.35 -$16.03 worth ~$498K.
• RRGB 10% owner bought 56,000 shares at $7.43 - $7.57 worth ~$417K.

Sellers:

• HPQ 10% owner Berkshire Hathaway (Warren Buffett) sold another 3,067,508 shares at $26.025 - $26.60 worth more than $80 mln.

-=Overstock.com (OSTK) reported earnings on Thur 8 Aug 2019 (a/h)

Overstock.com beats by $0.05, reports revs in-line 
Reports Q2 (Jun) loss of $0.69 per share, $0.05 better than the two analyst estimate of ($0.74); revenues fell 22.6% year/year to $373.7 mln vs the $376.66 mln two analyst estimate.

=Overstock.com (OSTK) reported earnings on Thur 9 Aug 2018 (a/h)

Overstock.com reports Q2 (Jun) results, beats on revs

• Reports Q2 (Jun) loss of $2.20 per share, may not be comparable to the single analyst estimate of ($0.82); revenues rose 11.8% year/year to $483.1 mln vs the $474.15 mln single analyst estimate.

Overstock.com announces that GSR Capital will invest up to $374.55 mln in exchange for common equity in blockchain subsidiary tZERO and common equity in Overstock.com 

• Overstock and GSR Capital have also entered into a purchase agreement pursuant to which GSR Capital will purchase $30 million in tZERO Security Tokens from Overstock.
• As part of the term sheet agreement, GSR Capital will purchase up to 3.1 million shares of OSTK common stock at a five percent discount to the closing share price on August 1, 2018. GSR Capital will also invest up to $270 million for up to 18% of tZERO's equity at a valuation of $1.5 billion (post-money). Additionally, pursuant to a purchase agreement, GSR Capital will purchase from Overstock $30 million in tZERO Security Tokens. These tZERO Security Tokens were purchased by Overstock during the recently-closed tZERO Security Token Offering in a non-cash transaction in which Overstock forgave $30 million in tZERO intra-company debt. GSR's Security Token purchase agreement replaces the GSR letter of intent previously announced on June 29, 2018.

-=Overstock.com (OSTK) : signs a cryptocurrency deal

Overstock.com (OSTK) subsidiary tZERO announced the signing of a letter of intent with GSR Capital, a private equity firm organized under the laws of Hong Kong, to participate in tZERO's Security Token Offering. In accordance with the LOI, GSR will purchase $160 mln in tZERO Security Tokens pursuant to the Simple Agreement for Future Equity. The purchase price per Security Token will be $10.00. To accommodate the investment from GSR, tZERO's STO has been extended to August 6, 2018.

=Overstock.com (OSTK) reported earnings on Thur 15 March 18 (a/h)

Overstock.com reports Q4 (Dec) results, misses on revs

• Reports Q4 (Dec) loss of $0.94 per share, which excludes a $70.8 mln non-cash adjustment for Tax Cuts and Jobs Acts. May not be comparable to the single analyst estimate of ($0.03); revenues fell 13.3% year/year to $456.3 mln vs the $526.18 mln single analyst estimate.
  • Gross profit: $85.8M vs. $98.0M (12% decrease); 
  • Gross margin: 18.8% vs. 18.6% (18 basis point increase).
• Q1 Outlook
  • 'We have determined to switch to a growth strategy in our ecommerce business, which we believe will lead to higher revenue growth, but also incur significant losses in the process. In pursuit of this growth strategy, in Q1 2018 we have increased our sales and marketing expenditures substantially to increase revenue growth and to test new marketing initiatives. Largely as a result of this new strategy, we expect to incur a total pre-tax loss of approximately $50 million in Q1 2018 ($35 million ecommerce, $15 million Medici)'.

-=Overstock (OTSK): SEC is investigating its tZERO unit

Shares of Overstock.com dropped after the e-commerce retailer that's developed cryprocurrency operations in the last year disclosed that the Securities and Exchange Commission is investigating the firm over digital tokens.

"In February 2018, the Division of Enforcement of the SEC informed the Company that it is conducting an investigation in the matter Re: Overstock.com, Inc. (NY-9777) and requested that the Company voluntarily provide certain documents related to the Offering and the Tokens in connection with its investigation," according to an 8-K filing with the commission.

Overstock.com's subsidiary tZero is raising $250 million through a token sale and is launching a digital token exchange. The company says it has a license for an alternative trading system through another acquisition.

=Overstock.com'S tZERO to trade KODAKCoin on its future U.S. regulated security token trading platform

Overstock.com'S tZERO to trade KODAKCoin on its future U.S. regulated security token trading platform; parties intend that the KODAKCoin will launch in Q1 2018

• KODAKCoin will be the first third-party security token to launch on the security token platform that tZERO is developing. KODAKCoin will serve as the currency to power the recently announced KODAKOne digital imagery platform. The parties intend to follow the tZERO roadmap by offering a security token in accordance with U.S. federal securities laws requirements with subsequent trading to occur on the tZERO trading platform. tZERO will provide end to end advisory services, technology implementation and trading services for KODAKCoin. 
• The KODAKCoin security token offering will open on January 31, 2018 and will be open to accredited investors from the U.S., U.K. and Canada.

=Long trade : Overstock.com (OSTK) +30% (12/17)

• Dec. 11:  #3; vol. 5.5M

=Overstock.com (OSTK) reported earnings on Wed 8 Nov 2017 (a/h)

Overstock.com beats by $0.06, misses on revs (single est.); tZERO expects to launch the ICO process around November 30 

• Reports Q3 (Sep) loss of $0.03 per share, $0.06 better than the single analyst estimate of ($0.09); revenues fell 4.0% year/year to $424 mln vs the $452.6 mln single analyst estimate. 
• On the Medici front: There may be no better-positioned company for blockchain investments in the world. We have made nine such investments, and under the guidance of our President of Medici Ventures, Jonathan Johnson, Medici has brought a lot of value to our investments by tapping into various Overstock resources to help nurture the firms that desire it (some of which have been fairly nascent). The formula is proving to be quite a success. One of those successes is our blockchain-meets-Wall-Street firm, tZERO, which has drawn much attention this quarter due to the SEC's July 25 ruling regarding DAO tokens: if the ICO world is going to shift towards security ICOs (and hence, securities, as the SEC decision has been read by most), then those instruments need to trade upon an SEC-compliant venue that is technologically capable of handling blockchain. Furthermore, we believe there is precisely one such venue in the world, and tZERO owns it. In addition, tZERO's Digital Locate Receipt ("DLR") product is hitting full stride today, with ~$100 billion in securities on which tZERO can generate a DLR representing a pre-borrow (which is better than a "locate"). As of this week, the DLR platform is now integrated into multiple trading platforms allowing thousands of active traders, access to billions of dollars of available DLR inventory. All in all, there are historic possibilities piling up in tZERO alone (to say nothing of other blockchain opportunities we are already developing, including one I suspect is bigger even than tZERO)
• tZERO expects to launch the ICO process around November 30, 2017, subject to market conditions and regulatory developments.
• "We currently contemplate that the token's features will include: a right to share in a portion of tZERO's top-line revenue (with such payments deposited into holders' digital wallets); utility to pay for fees on the ATS, with a reduced fee schedule for token holders; additional utility features and functionality that will be announced at a later date. The proceeds of the pre-sale will be used, among other things, for strategic acquisitions and enhancements to the tZERO platform."