Exhibit
10.3





Frequently Asked Questions
Regarding


Bidz.com’s
OTCBB/NASDAQ Listing


Why is Bidz.com doing a direct listing versus a
traditional IPO?


During the summer of
2006, Bidz.com unsuccessfully attempted an IPO.   Despite a very successful IPO road show to
institutional investors, in which our management team and company were
favorably received, our underwriters were unable to take our company public
because we did not obtain a sufficient number of the 180-day “lock-up”
agreements that we asked our stockholders to sign. As a result, we explored
alternative mechanisms for providing shareholders liquidity and believe a
direct listing on NASDAQ is the best plan at this time.


Why is Bidz.com proceeding with this now?


Management of Bidz.com
has been committed to providing you with a mechanism for liquidity and was very
disappointed that the IPO was unsuccessful. 
Since that time, concurrent with trying to obtain the necessary lock-up
agreements to move forward with an IPO, the Company has been exploring alternative
options.  We believe that providing for
trading on the OTC Bulletin Board (OTCBB) followed by an application for
listing on The NASDAQ Capital Market exchange is the best alternative at this
time, as it will provide a solution for shareholders with an immediate need for
liquidity.  We view this as the first
step in a long and successful future as a public company.


How does the process work?


Bidz.com is currently in
the process of filing the necessary application and obtaining brokerage firms
to act as market makers for the security. 
We must also meet certain legal regulations in each state.  Once approved, market makers will be allowed
to trade the Company’s stock on the OTCBB, and at that time, you will be able
to buy or sell the stock by contacting a licensed broker.  We expect the stock to begin trading some
time in May 2007.  We intend to
thereafter apply for listing on the NASDAQ Capital Market exchange.


What will be the initial price of the stock?


Because we are not doing
a traditional IPO, there will not be a set pricing range, and the initial bid
and subsequent trades will be made based on supply and demand in the
market.  We cannot guarantee that these
prices will be reflective of what we believe to be the fair value of the
Company.  In particular, in the initial
phase of trading, if there are a large number of shareholders that choose to
sell their shares, this may place significant downward pressure on the price.













What is the difference between the OTCBB and The
NASDAQ Capital Market?


The OTCBB is a quotation
medium for subscribing brokers.  It is
not a listed market and is not to be confused with The NASDAQ Stock
Market.  A company must meet minimum
financial requirements for initial listing on one of The NASDAQ Stock Markets
and must continue to meet standards to maintain its listing.  In order to establish the minimum bid price
for listing on NASDAQ, our stock must first be quoted on the OTCBB.  Once we establish the minimum bid price
required by NASDAQ, we will apply for the listing of our common stock on The
NASDAQ Capital Market.


Will management be selling any shares?


The members of the
executive management team and the Company’s Board of Directors have no
intention of selling shares at the current time.


Will there be a cost for us to trade our stock?


You will be subject to
fees assessed by your broker.


How do I sell my shares or buy additional shares?


The stock will initially
be available for trading on the OTC Bulletin Board.  Soon thereafter we will apply for listing of
the shares on The NASDAQ Capital Market. 
You will need to contact a registered broker to buy or sell shares.


Are my shares restricted?


Shares held for more than
two years are eligible to be sold without restriction pursuant to SEC rule
144(k).


If I signed a “lock-up” agreement previously can I
sell my shares now?


Because the Company is
not proceeding with a traditional IPO, any previously signed lock up agreements
are not applicable, and you are free to trade the shares.


What should I do if I have lost my stock
certificate?


To report a lost stock
certificate, contact Continental Stock Transfer at (212) 509-4000 or
cstmail@continentalstock.com and/or fill out the Affidavit Of Domicile, which
is located in the forms section of their website at
www.continentalstock.com/forms/sharform.htm. The replacement of a certificate
also requires additional information from Bidz.com. Shareholders may contact
Anna Protsenko at 310-280-7347 or via e-mail annap@bidz.com for additional
information.


How do I change my address or obtain information
on regarding my shares?


You may contact
Continental Stock Transfer at (212) 509-4000 or cstmail@continentalstock.com.
You may also contact Anna Protsenko at 310-280-7347 or via e-mail
annap@bidz.com.


Where can I find price, volume, and other trading
information on the shares?


Once the stock begins
trading you will be able to contact your broker for information about
trading.  Additionally stock information
is available on many personal finance sites including Yahoo Finance and Google
Finance.



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