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Message Boards Settings PartsBase.com, Inc. (PRTS) - Quote Info
Outstanding Questions for PRTS     13-Dec-08 01:14 am    
1. How much did they pay for AutoMD.com? It would have been a cool thing if they disclosed that information in their press release or in the corresponding 8K? Did they buy it for a few hundred thousand dollars or did they buy it for $15 million. I can't believe they did not give any ideas of what the consideration on their end was for this purchase. Also, how is this web site something that generates revenue. I didn't see much in the way of ads or any ways for them to generate revenues from this site.
2. Why do they not publish a statement of cash flows for the latest 3 months in their earnings release or in the their 10Q? I saw a year-to-date statement of cash flows but I did not see one for the latest three months.
3. Why did their CFO resign? They just said he resigned? They didn't mention anything about an iterim CFO or about their strategy about getting another CFO. It would have been nice if they had mentioned more in that regard.

Yeah, I know they are trading close to cash based on their 9/30/08 balance sheet and insiders have made some huge purchases recently, but the questions I stated above linger.
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RJinCA


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Outstanding Questions for PRTS
RJinCA Not rated 13-Dec-08 01:14 am  
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U.S. Auto Parts Network, Inc. (PRTS)

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