January 29, 2004 |
There's an old joke about how university campus politics are so vicious because there's so little at stake. From that, we might conclude that the proxy fight over the Internet company EUniverse Inc. would have been more dignified had it concerned an operation that actually turned a profit over the last year and didn't spend several months in the doghouse of a Nasdaq trading suspension. Instead, the battle pitting EUniverse's founder and ex-chairman, Brad D.
September 10, 2002 |
EUniverse Inc. said it acquired ResponseBase, a closely held Santa Monica online marketing company, for an undisclosed amount of cash. EUniverse, an interactive entertainment network, said that ResponseBase is profitable and that the acquisition is expected to add to operating results for fiscal 2003. Los Angeles-based EUniverse will issue updated financial guidance in late October, when it releases fiscal second-quarter results.
March 22, 2002 |
L90 Inc., a Marina del Rey Internet marketing company, said its chief financial officer resigned and that it paid EUniverse Inc. an undisclosed amount to end their merger amid an investigation into its accounting by the Securities and Exchange Commission. CFO Thomas Sebastian had been on administrative leave since March 10 and resigned from the position Tuesday. Company officials weren't available to comment.
June 21, 2003 |
L.A.-based Web site operator EUniverse Inc. said Friday that it has been notified that it may be delisted from the Nasdaq SmallCap Market. The company said the Nasdaq staff was unable "to assess [EUniverse's] current financial position and its ability to sustain compliance with Nasdaq's continued listing requirements." The company said it has requested a hearing on the delisting warning. The company also said that six shareholder lawsuits have been filed against EUniverse.
February 7, 2002 |
The Securities and Exchange Commission is investigating the financial records of L90 Inc., a Marina del Rey online direct marketer, and issued subpoenas to the company and one of its directors. The company that had been poised to acquire L90 this month, Los Angeles online entertainment company EUniverse Inc., said that the probe will delay the acquisition at least until March.
December 20, 2002 |
When Michael Jackson dangled his baby over a balcony in Berlin last month, the collective outrage could be heard far and wide. "Those kids ought to be taken from him," some parents and some in the media cried. Well, now there's a way for you to save Michael Jackson's kids. Sort of. Madblast.com, a comedy Web site owned by Los Angeles-based eUniverse Inc.