On Flippa.com, his auction is titled "1400 iPhone Applications for Sale" with the most recent listing date as July 2. Although all of the apps he previously had in the App Store were listed under his name alone, the details within this auction reveal that the apps were the products of Perfect Acumen. The auction is still active and shows no offers pending or accepted.
Previous auction listings show an interesting trail of information for the business, with the first auction in January indicating that the business had 5 employees and earned $1800 per month in revenue, all the way to the current listing that states the business has 60 employees located in Pakistan with revenue between $10,000 and $50,000 per month. Shaikh also reveals in this listing that headcount is expected to increase to "120 to 240" by the end of this year and that they plan to have over 10,000 apps within this same time frame.
According to Perfect Acumen's website, the company is a "website design/development, graphics and internet marketing company" so iPhone app development is apparently only one aspect of its operations. The current auction consists of "100% ownership" of the company, including its website, content, 1400 iPhone apps, and 100 Android applications. No mention whatsoever is made of Apple's decision to terminate its relationship with Khalid Shaikh and withdraw all of his apps from the App Store.