posted
AS MOST OF YOU KNOW, FRANK OLSEN CONTINUES TO SPEW LIES ON TOP OF LIES ON TOP OF LIES.
THE LATEST I RESEARCHED WAS THE APPLICABLE PRINCIPALS OF UPGRADING A STOCK FROM PINKS. AS WORKING IN THE FIELD BEFORE, I UNDERSTAND HOW BB, NASDAQ AND NYSE WORK FOR FILING PURPOSES, BUT HAVING NEVER REALLY DEALT WITH PINK SHEET STOCKS ON A UPGRADE LEVEL SO, I CALLED A FRIEND OF MINE WHO'S A LITTLE BIT MORE KNOWLEDGABLE ON HOW TO UPGRADE A PINK SHEET STOCK AND HERE IS WHAT'S UP.
FRANK OLSEN TELLS US BACK IN 2000 THAT HE'S HIRED A ATTORNEY AND ACCOUNTING FIRM TO UPGRADE THE STOCK FROM THE PINK LEVEL. SO WHY DID THIS NEVER HAPPEN? THE OBVIOUS IS A FLAT OUT LIE; BUT ARE THERE LEGISTIC REASONS FOR THAT AND IN THE CASE OF QBID, WE HAVE BOTH.
FOLLOWING THAT, FEB OF 2004 HE TELLS US QBID HAS 15-BILLION SHARES HE'S DOING A BUYBACK AND UPGRADING THE STOCK.
FOLLOWED BY THIS IN APPROX. SEPT OF 04, IT IS LEAKED THAT FRANK ISSUED 6 BILLION NEW AND ADDED ANOTHER 50-BILLION TO TOTAL QBID OUT TO 71-BILLION SHARES. NOW AFTER FRANK OLSEN ISSUES MORE SHARES, HE ANNOUNCES A 2% BUYBACK. "HEY BUDDY, LET ME BORROW $10 FROM YA SO I CAN PAY YOU THE $10, I OWE YOU"
THERE ARE 50+ REASONS FOR A COMPANY TO BE "DIRTY" AND UNABLE TO UPGRADE AND HERE ARE A FEW APPLICABLE TO QBID:
NO. 1: UPDATING ARTICLES OF INCORPORATION AND BYLAWS TO MAKE THEM CURRENT.
QBID HAS NO ARTICLES OF INCORPORATION IN CALIFORNIA THEIR HOME BASE FOR CORPORATE WORK. NOR DO THEY HAVE ANY IN NY CITY. FURTHER, FRANK OLSEN TELLS US HE HAD RENTAL PROPERTY STUDIO'S ALL ACROSS THE COUNTRY AND IN THOSE LOCATIONS, QBID WAS NEVER REGISTERED FOR BUSINESS. NEVADA MIGHT HAVE SOME BUT CA DOES NOT AND NOR DOES ANY OF THE OTHER PLACES HE SAYS HE HAD STUDIO'S. FURTHER, QBID HAS BEEN NOT PAYING ANY RECORDED CORPORATE TAX IN CA NOR IN ANY OTHER JURISDICTION. IN ORDER TO UPGRADE, ALL THOSE BACK TAXES HAVE TO BE PAID.
NO. 2: CONDUCTING REVERSE SPLITS TO LOWER THE FLOAT AND CANCEL NO LESS THAN 70% OF THE RESTRICTED SHARES/AUTHORIZED SHARES TO INCREASE THE STOCK PRICE.
QBID HAS 71-BILLION SHARES AND IN ORDER FOR BB TO CONSIDER THEM, THEY WILL HAVE TO REDUCE THE TOTAL SHARE COUNT, FLOAT AND RESTRICTED AND AUTHORIZED SHARES TO NO MORE THAN 5-BILLION SHARES AND IT'S PREFERRED THAT LESS THAN 2 BILLION IS HELD IN TOTAL. IN TOTAL MEANS REDUCING THE TOTAL SHARE COUNT OF QBID FROM THE CURRENT 71-BILLION TO 2-BILLION. TOTAL SHARE COUNT, NOT JUST THE FLOAT BUT EVERYTHING COMBINED. SO DO YOU BELIEVE FRANK WHEN HE SAYS "AS LONG AS I'M ASSOCIATED WITH THE COMPANY, NO ROLLBACK OR REVERSE SPLIT WILL TAKE PLACE" IF HE INTENDS TO UPGRADE THE STOCK?
NO. 3: UPDATING REPORTINGS WITH THE SEC OR INITIATE REPORTING FOR THE FIRST TIME.
ZERO REPORTING HAS BEEN DONE WITH THE SEC. FURTHER, ONCE NO. 3 IS COMPLETED, A COMPLETE AUDIT FOR THE PAST 7 YEARS IS DONE.
NO. 4: PUTTING A QUALIFIED BOARD AND/OR MANAGEMENT INTO PLACE.
THE SEC IS GOING TO LOOK INTO ALL THE PEOPLE AND THEIR PAST HIRE'S FOR THIS. QBID HAS HIRED A INDIVIDUAL THAT HAS HAD 2-FAILED COMPANINES AS WELL AS A FEDERAL INDICTMENT FOR FRAUD ON A PREVIOUS START-UP TELEVISION STATION. FRANK OLSEN HAS NOT HAD 17-GAY BARS NOR WAS HE THE CREATER OF SHOWTIME AS HE HAS ELABORATED AND THE LATEST, HE NEVER OWNED A HOTEL.
NO. 5: HOLDING A SHAREHOLDER'S MEETING AND UPDATING REPORTS TO SHAREHOLDERS.
THIS MEANS THE CURRENT SHAREHOLDERS GET A FINANCIAL ABOUT EVERY MORE QBID HAS MADE IN THE PAST 7-YEARS.
NO. 6: UPDATING COMPLIANCE PER 'SOX' BY ADOPTING CORPORATE COMPLIANCE STANDARDS AND A CODE OF ETHICS
THIS IS WHERE FRANK OLSEN CAN'T UPGRADE QBID FOR ANY REASON. WHAT HAPPENS HERE IS THAT EVERY PR RELEASED HAS TO BE ACCOUNTED FOR AND ANY MIS-INFORMATION OR LIES WILL NOT IN ANY SHAPE OR FORM MEET THE 'SOX' STANDARD. FRANK WILL HAVE TO EXPLAIN HOW HE OBTAINED 5-YEAR BROADCAST FINANCING AND THEN A FEW WEEKS LATER, GOT A $2-MILLION DOLLAR LOAN TO SECURE THE FIRST YEAR BROADCAST. HE WILL HAVE TO ANSWER WHY HE KEPT TELLING PEOPLE HE WAS UPGRADING WHEN HE NEVER WAS. WHY THE BUYBACKS, WHY THIS AND WHY THAT, ETC.ETC.ETC.ETC.ETC. AND WITH ALL THAT COMBINED, IT WILL UNDOUBTLY SHOW FRANK OLSEN AS A FRAUD AND NO UPGRADE CAN TAKE PLACE UNLESS FRANK OLSEN IS NO LONGER ASSOCIATED WITH QBID.
NO. 7: UPDATING AUDITS
HERE WE ARE BACK TO THE PREVIOUS 7-YEARS FOR QBID.
"ALL OF THE TIME WITHOUT EXCEPTION WHEN A COMPANY, THAT HAS NO REPORTING AND MOST LIKELY NO REVENUE'S, ANNOUNCES A BUYBACK, IT HAS NO MEANS TO DO SO; HENCE, IS A FRAUD."
posted
Take it to your mamma, sorry I forgot that she won't listen to you. So in July 2004 you were hot on QBID and now you got your peanuts in a knot and you don't like the "Q" poor baby. Looser!!!! Sorry that you are having a lovers spat with Frank Whoever.
GO QBID!!!!!! Bring On The Green!!!!
------------------ "If We Agree To Disagree, Then We Can Remain friends"
[This message has been edited by Doctoall (edited November 09, 2004).]
Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
| IP: Logged |
quote:Originally posted by U4TSAF2: AS MOST OF YOU KNOW, U$TSAF2 (MYSELF) CONTINUES TO SPEW LIES ON TOP OF LIES ON TOP OF LIES.
SO YOU SHOULD BELIEVE FRANK WHEN HE SAYS: 1.AS LONG AS I'M ASSOCIATED WITH THE COMPANY, NO ROLLBACK OR REVERSE SPLIT WILL TAKE PLACE". 2.PUTTING A QUALIFIED BOARD AND/OR MANAGEMENT INTO PLACE 3.HOLDING A SHAREHOLDER'S MEETING AND UPDATING REPORTS TO SHAREHOLDERS. THIS MEANS THE CURRENT SHAREHOLDERS GET A FINANCIAL ABOUT EVERY MORE QBID HAS MADE IN THE PAST 7-YEARS. 4.UPDATING COMPLIANCE PER 'SOX' BY ADOPTING CORPORATE COMPLIANCE STANDARDS AND A CODE OF ETHICS
posted
Although none of us actually know the full truth about the staus of QBID and its financial situation, U4 is bringing forth some good points to consider. I am not saying that his accusations are true or not, and although Rene made it pretty clear that they will not be reporting or moving to another exchange, anyone who thinks they are should take into consideration what U4 is bringing up.
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
| IP: Logged |
Clyde Crashcup
unregistered
posted
Here's what U4tsaf2 posted in July. He loved QBID then and will change his opinion when the pps start to climb. _________________________________________
Re: What do people think of QBID? by "SLURPY" <U4TSAF2@[EMAIL PROTECTED] > Jul 6, 2004 at 04:27 PM
EVERYTHING IS MOVING FORWARD. WHILE MOST WILL TELL YOU THAT IT'S DROPPED TO THE CURRENT SUB-PENNY OF .008+/- FROM .018 A FEW WEEKS AGO AND A RECENT HIGH OF .027 MEANS IT'S A FRAUD. WELL A .02 STOCK FROM .0001 ISN'T ALL THAT MUCH OF ANYTHING TO BASE YOUR OPINION ON. MOST ARE ATTACKING THIS STOCK AT THE ..02 LEVEL AS THOUGH IT'S LISTED ON NASDAQ WITH FULL REPORTING. IF THE STOCK WERE SITTING AT .05 RIGHT NOW, NO ONE WOULD BE COMPLAINING AND YOU WOULD HEAR THE CONTINUED SINGING AND PRAISES OF HOW WONDERFUL AND WHAT A GREAT FUTURE Q-TV HAS. THE BOTTOM LINE HAS ALWAYS BEEN WITH THIS STOCK, LAUNCH AND GIVE US THE STRENGTH OF ADVERTISERS. WELL WE HAVE 50% OF THE EQUATION BEING TEST LAUNCH MAY 15. SOFT LAUNCH JUNE 1 AND "FULL" 8 HR PROGRAMMING REPEATED 3 TIMES FOR A 24-HR BROADCAST. FRANK OLSEN (CEO) HAS MADE IT CLEAR HE WILL NOT RELEASE INFO PERTAINING TO CARRIAGE, MEANING CARRIER PROVIDERS, UNTIL HE HAS THE SIGNED CONTRACT IN HAND. WE CAN ONLY GO BY WHAT CONCRETE FACTS WE HAVE AND THE LAUNCH IS A CONCRETE FACT. YOU CAN TURN ON TV AND SEE IT.
Q-TV IS A GOOD OPPORTUNITY AND IN MY OPINION, AT .008 A GOOD TIME TO JUMP ON BOARD. YOUR SITTING IN THE RIGHT PLACE AT THE RIGHT TIME WITH A GAY/LESBIAN TV STATION.
A FEW THINGS TO REMEMBER ABOUT THIS STOCK.. 1 IT'S A PINK. 2 PEOPLE ON MESSAGE BOARDS CREATE 95% OF SEC COMPLAINTS ABOUT A STOCK AND THOSE 95% ARE USUALLY PINK SHEET STOCKS. MOST PEOPLE WHO POST DO NOT KNOW HOW STOCKS WORK AND SIMPLY BELIEVE THAT SINCE A STOCK IS GOING UP IN PRICE, IT MUST BE DOING SOMETHING RIGHT AND WHEN IT GOES DOWN, SOMETHING MUST BE WRONG (FRAUD). WE LIVE IN A TABLOIDS SOCIETY AND PEOPLE ARE MORE CONCERNED WITH WHO BRITANY SPEARS IS GETTING MARRIED TO AND KNOW MORE ABOUT THAT THEN THEY DO ABOUT THE STOCKS THEY ARE CLAIMING TO BE FRAUDS. ALSO THE SAME PEOPLE WHO GET ON BOARDS AND CLAIM FRAUD OR WHAT A JOKE A CERTAIN STOCK IS ARE THE SAME ONE'S WHO SIT AT HOME, CLICK ON A MESSAGE BOARD TO RANT AND HAVE DONE ABSOLUTLY NOTHING FOR THE COMPANY AND IT'S SHARE PRICE. THEY ALL USE THE STANDARD WELL I OWN THE COMPANY I'M INVESTED IN BUT AREN'T WILLING TO DO ANYTHING TO HELP. CASE IN POINT, NUMEROUS PEOPLE IN MIAMI OWN Q-TV AND NOT ONE OF THEM HAS DONE ANYTHING TO ASSIST IN PROMOTION FOR Q-TV IN A HIGH POPULATION OF GAY PEOPLE BUT WILL BE THE FIRST IN LINE TO COMPLAIN ABOUT HOW Q-TV ISN'T DOING ANYTHING.
SO I'LL HOLD THIS STOCK FOR THE NEXT YEAR TAKING INTO ACCOUNT WHAT IS TRULY INVOLVED IN STARTING A TELEVISION STATION AS WELL AS A GAY ONE IN THIS DAY AND AGE. SUCH A GOOD IDEA A COMPANY SUCH A CBS/VIACOM ANNOUNCES THAT IT'S FOLLOWING THROUGH AND WILL BEGIN BROADCAST FEB 18, 2005 OF IT'S GAY "LOGO" NETWORK.
I NEVER PAY MUCH ATTENTION TO PEOPLE TELLING ME HOW HORRIBLE A STOCK IS WHEN THESE ARE THE SAME PEOPLE WHO LIVE IN A COUNTRY THAT WORKS ON THE DOUBLE STANDARD PRINCIPAL TO FIT THEIR VIEWS.
CASE AND POINT. LOOK AT ALL THE PEOPLE SAYING QBID IS A FRAUD AND HAVE NO KNOWLEDGE ABOUT HOW TO START A TV STATION OR WHAT'S INVOLVED AND FURTHER, THEY CAN SAY IT'S A FRAUD BUT PROVE IT. AGAIN, WE GO BACK TO 50% WAS GETTING A SIGNAL UP AND RUNNING WHICH WE ARE AND THE OTHER 25% IS SIGNAL PROVIDERS AND 25% IS ADVERTISERS.
ULTIMATELY, FRANK AND COMPANY ARE WORKING IN CALIFORNIA TRYING TO MAKE THIS WORK AND THEIR FINANCIAL SUCCESS IS BASED UPON THE SHARES THEY ARE ABLE TO SELL ONCE THEY ARE UP AND RUNNING A COMPLETE NETWORK.
FACTS ARE:
SIGNAL IS UP 24HRS
FRANK MADE IT CLEAR HE MADE THE MISTAKE RELEASEING SIGNAL INFO BACK IN 2000 WHEN HE WAS NOT AUTHORIZED TO DO SO AND CAUSED PROBLEMS SO HE'S NOT RELEASING THE CURRENT (PENDING) INFO HE HAS UNTIL CONFIRMATION.
YOU CAN FORM YOUR OWN CONCLUSION WHETHER OR NOT THEY ARE ACTIVELY SEEKING ADVERTISERS. I BELIEVE THAT SINCE WE HAVE THE ABOVE 2 FACTS THAT ADVERTISING IS A GIVEN.
posted
U4. If you don't like this stock, why do you keep on posting in here? I know people give their positive and negative talk, which is what everyone wants, but you just keep on bashing. New people, this guy was one of the biggest supporters of QBID a few months back. Now he bashes, you go figure. Q was talked about on CNMBC, and there are way to many things happening now for this to be a joke. Please do your own dd and you will see.
Posts: 263 | From: Illinois | Registered: Mar 2004
| IP: Logged |
posted
Maybe that's why Frank put a value/ pricetag on Triangle Multi Media. No obstacle is too great to get this off the pinks.
Thanks for your input. I enjoy it.
dz
quote:Originally posted by U4TSAF2: AS MOST OF YOU KNOW, FRANK OLSEN CONTINUES TO SPEW LIES ON TOP OF LIES ON TOP OF LIES.
THE LATEST I RESEARCHED WAS THE APPLICABLE PRINCIPALS OF UPGRADING A STOCK FROM PINKS. AS WORKING IN THE FIELD BEFORE, I UNDERSTAND HOW BB, NASDAQ AND NYSE WORK FOR FILING PURPOSES, BUT HAVING NEVER REALLY DEALT WITH PINK SHEET STOCKS ON A UPGRADE LEVEL SO, I CALLED A FRIEND OF MINE WHO'S A LITTLE BIT MORE KNOWLEDGABLE ON HOW TO UPGRADE A PINK SHEET STOCK AND HERE IS WHAT'S UP.
FRANK OLSEN TELLS US BACK IN 2000 THAT HE'S HIRED A ATTORNEY AND ACCOUNTING FIRM TO UPGRADE THE STOCK FROM THE PINK LEVEL. SO WHY DID THIS NEVER HAPPEN? THE OBVIOUS IS A FLAT OUT LIE; BUT ARE THERE LEGISTIC REASONS FOR THAT AND IN THE CASE OF QBID, WE HAVE BOTH.
FOLLOWING THAT, FEB OF 2004 HE TELLS US QBID HAS 15-BILLION SHARES HE'S DOING A BUYBACK AND UPGRADING THE STOCK.
FOLLOWED BY THIS IN APPROX. SEPT OF 04, IT IS LEAKED THAT FRANK ISSUED 6 BILLION NEW AND ADDED ANOTHER 50-BILLION TO TOTAL QBID OUT TO 71-BILLION SHARES. NOW AFTER FRANK OLSEN ISSUES MORE SHARES, HE ANNOUNCES A 2% BUYBACK. "HEY BUDDY, LET ME BORROW $10 FROM YA SO I CAN PAY YOU THE $10, I OWE YOU"
THERE ARE 50+ REASONS FOR A COMPANY TO BE "DIRTY" AND UNABLE TO UPGRADE AND HERE ARE A FEW APPLICABLE TO QBID:
NO. 1: UPDATING ARTICLES OF INCORPORATION AND BYLAWS TO MAKE THEM CURRENT.
QBID HAS NO ARTICLES OF INCORPORATION IN CALIFORNIA THEIR HOME BASE FOR CORPORATE WORK. NOR DO THEY HAVE ANY IN NY CITY. FURTHER, FRANK OLSEN TELLS US HE HAD RENTAL PROPERTY STUDIO'S ALL ACROSS THE COUNTRY AND IN THOSE LOCATIONS, QBID WAS NEVER REGISTERED FOR BUSINESS. NEVADA MIGHT HAVE SOME BUT CA DOES NOT AND NOR DOES ANY OF THE OTHER PLACES HE SAYS HE HAD STUDIO'S. FURTHER, QBID HAS BEEN NOT PAYING ANY RECORDED CORPORATE TAX IN CA NOR IN ANY OTHER JURISDICTION. IN ORDER TO UPGRADE, ALL THOSE BACK TAXES HAVE TO BE PAID.
NO. 2: CONDUCTING REVERSE SPLITS TO LOWER THE FLOAT AND CANCEL NO LESS THAN 70% OF THE RESTRICTED SHARES/AUTHORIZED SHARES TO INCREASE THE STOCK PRICE.
QBID HAS 71-BILLION SHARES AND IN ORDER FOR BB TO CONSIDER THEM, THEY WILL HAVE TO REDUCE THE TOTAL SHARE COUNT, FLOAT AND RESTRICTED AND AUTHORIZED SHARES TO NO MORE THAN 5-BILLION SHARES AND IT'S PREFERRED THAT LESS THAN 2 BILLION IS HELD IN TOTAL. IN TOTAL MEANS REDUCING THE TOTAL SHARE COUNT OF QBID FROM THE CURRENT 71-BILLION TO 2-BILLION. TOTAL SHARE COUNT, NOT JUST THE FLOAT BUT EVERYTHING COMBINED. SO DO YOU BELIEVE FRANK WHEN HE SAYS "AS LONG AS I'M ASSOCIATED WITH THE COMPANY, NO ROLLBACK OR REVERSE SPLIT WILL TAKE PLACE" IF HE INTENDS TO UPGRADE THE STOCK?
NO. 3: UPDATING REPORTINGS WITH THE SEC OR INITIATE REPORTING FOR THE FIRST TIME.
ZERO REPORTING HAS BEEN DONE WITH THE SEC. FURTHER, ONCE NO. 3 IS COMPLETED, A COMPLETE AUDIT FOR THE PAST 7 YEARS IS DONE.
NO. 4: PUTTING A QUALIFIED BOARD AND/OR MANAGEMENT INTO PLACE.
THE SEC IS GOING TO LOOK INTO ALL THE PEOPLE AND THEIR PAST HIRE'S FOR THIS. QBID HAS HIRED A INDIVIDUAL THAT HAS HAD 2-FAILED COMPANINES AS WELL AS A FEDERAL INDICTMENT FOR FRAUD ON A PREVIOUS START-UP TELEVISION STATION. FRANK OLSEN HAS NOT HAD 17-GAY BARS NOR WAS HE THE CREATER OF SHOWTIME AS HE HAS ELABORATED AND THE LATEST, HE NEVER OWNED A HOTEL.
NO. 5: HOLDING A SHAREHOLDER'S MEETING AND UPDATING REPORTS TO SHAREHOLDERS.
THIS MEANS THE CURRENT SHAREHOLDERS GET A FINANCIAL ABOUT EVERY MORE QBID HAS MADE IN THE PAST 7-YEARS.
NO. 6: UPDATING COMPLIANCE PER 'SOX' BY ADOPTING CORPORATE COMPLIANCE STANDARDS AND A CODE OF ETHICS
THIS IS WHERE FRANK OLSEN CAN'T UPGRADE QBID FOR ANY REASON. WHAT HAPPENS HERE IS THAT EVERY PR RELEASED HAS TO BE ACCOUNTED FOR AND ANY MIS-INFORMATION OR LIES WILL NOT IN ANY SHAPE OR FORM MEET THE 'SOX' STANDARD. FRANK WILL HAVE TO EXPLAIN HOW HE OBTAINED 5-YEAR BROADCAST FINANCING AND THEN A FEW WEEKS LATER, GOT A $2-MILLION DOLLAR LOAN TO SECURE THE FIRST YEAR BROADCAST. HE WILL HAVE TO ANSWER WHY HE KEPT TELLING PEOPLE HE WAS UPGRADING WHEN HE NEVER WAS. WHY THE BUYBACKS, WHY THIS AND WHY THAT, ETC.ETC.ETC.ETC.ETC. AND WITH ALL THAT COMBINED, IT WILL UNDOUBTLY SHOW FRANK OLSEN AS A FRAUD AND NO UPGRADE CAN TAKE PLACE UNLESS FRANK OLSEN IS NO LONGER ASSOCIATED WITH QBID.
NO. 7: UPDATING AUDITS
HERE WE ARE BACK TO THE PREVIOUS 7-YEARS FOR QBID.
"ALL OF THE TIME WITHOUT EXCEPTION WHEN A COMPANY, THAT HAS NO REPORTING AND MOST LIKELY NO REVENUE'S, ANNOUNCES A BUYBACK, IT HAS NO MEANS TO DO SO; HENCE, IS A FRAUD."
WARREN BUFFET
[This message has been edited by denzen (edited November 10, 2004).]
Posts: 1431 | From: Boulder, CO | Registered: Oct 2003
| IP: Logged |
posted
Here's my highly uneducated, highly guessed thoery, I'm open for comments:
U4 knows that there is a large short that is left over from the huge run back in may/april.
U4 knows that this short wont get covered until the MM's have qbid at a price that is low enough to where it is financially feasable, depending on what the average price the short is at.
He/she also knows that the price wont move up until the MM's cover this short.
I've been reading too many cmkx boards:P
I'm basing this off of his 180 degree turnaround of view on QBID while the Q is proving itself legit.
Does anyone know about when(day/week) he had a change of heart on Q?
U4 is trying entirely too hard to discredit Q........ imo.
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