The penny auction, Bidash, Bidash.com has recently been sold to new owners.

{xtypo_quote}It is with a heavy heart that we at Bidash have decided to sell our company due to unforeseen events. After speaking with a few prospective buyers, we decided to sell our company to the ones that we felt would not only continue the same quality customer service, but help the company grow in the desired direction. In order to change over the ownership, the site will not be running any auctions for the next few days. Please join the new owners for their own grand opening expected on Friday, June 25^th. From what we have heard, expect to see a lot of fun new  items to bid on. They will also be running a promotion for everyone, current and new users, all weekend long 20% free bids with any bid pack you purchase. We would like to thank everyone for their support through the first few months of Bidash and hope you will continue to show your support with the new ownership.{/xtypo_quote}

Jay says he has selected new owners based on his belief that they will continue providing the standards Bidash has. We hope the new owners will go above and beyond! Good luck Jay, in any and all future ventures!