Shareholders ‘made whole’ after inflated sales uncovered
Former NZX chief Mark Weldon has been monitoring the financials after uncovering irregularities at BuddyBid.
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Inflated revenue forecasts and misstated accounts have forced a rare payment of compensation to investors in an online auction company and the resignation of three directors in protest.
BuddyBid, founded by entrepreneurs Ken Brickley and Neil Campbell in 2012, offers software allowing businesses
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Tim Hunter
Mon, 28 Aug 2017
Mon, 28 Aug 2017
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Shareholders ‘made whole’ after inflated sales uncovered
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