BIDZ.com, Inc. is an online retailer of jewelry, watches, accessories and other brand name merchandise featuring a live auction format on bidz.com. The Company offers its products through a continuous live auction format, featuring a $1 minimum opening bid, and a 15-second auction extension period. The Company's product inventory includes gold, platinum, and silver jewelry set with diamonds, rubies, emeralds, sapphires, and other precious and semi-precious stones; watches, accessories and brand name merchandise. Its jewelry products include gold, platinum, and silver jewelry set with diamonds, rubies, emeralds, sapphires, and other precious and semi-precious stones; watches, accessories and brand name merchandise. Modnique, Inc is a wholly owned subsidiary of Bidz.com, Inc. In April 2011, the Company incorporated Modnique, Inc. In September 2012, the Company announced that it was acquired by Glendon Group, Inc.