posted
I got out at .003...have just put an order to get back in...I think this is bottom...Been watchinjg and waiting to get back in...What do you guys think?
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
| IP: Logged |
posted
Bearclaw, I agree with Ric. March 16-April 12 he believes QBID will run and so do I.
Posts: 798 | From: New Jersey | Registered: Jan 2005
| IP: Logged |
quote:Originally posted by Bearclaw: I got out at .003...have just put an order to get back in...I think this is bottom...Been watchinjg and waiting to get back in...What do you guys think?
i got out at .0029 a week and a half ago. im waiting for it to go below .002 to get back in. at .0018 or .0019, very low risk at that price.
Posts: 824 | Registered: Oct 2004
| IP: Logged |
posted
the listing on the berlin exchange happened once to one of my holding. the company just has to have its legal counsel to take some action to remove the stock from the exchange. would not take long though.
-------------------- Come Q, the kid needs back-to-school shopping! Posts: 734 | Registered: Sep 2004
| IP: Logged |
posted
Do we even have a legal counsel you think? Perhaps we do after having to possibly deal with the Good Morning Gay America stuff. Matt
Posts: 1504 | Registered: Sep 2004
| IP: Logged |
quote:Originally posted by Pennies to Dollars: Bearclaw, I agree with Ric. March 16-April 12 he believes QBID will run and so do I.
Hey Pennies... Today's the 16th...hell I better hurry...partial fill at .0022 right now...Ric, don't you dare run till I get filled...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
| IP: Logged |
BERLIN – Despite complaints from several U.S. companies that their stock is being improperly traded, a German stock exchange said Thursday an investigation has revealed no evidence of impropriety. Advertisement
The companies say their shares are being sold on the Bremen-Berlin exchange without their authorization, and in some cases are being sold short in an attempt to drive prices down. Most of the companies are listed in the United States on what's known as over-the-counter market, which caters to smaller businesses.
To short-sell a stock, the seller borrows shares from a broker to put on the market, betting that the price will fall so the shares can be then bought back at a lower price.
Some maintain the tiny Berlin exchange is used to bypass tougher rules against short selling enacted by the National Association of Securities Dealers this year. The Securities and Exchange Commission is also considering tougher requirement for short sellers.
The Berlin exchange said its rules are as tough – dealers have to be able to produce the actual shares within two days to settle a trade – and there was no substance to the complaints.
"On request of the SEC, we examined the prices made on our exchange for some companies," spokeswoman Eva Klose said in an e-mailed response to questions. "We came to the conclusion that none of these cases involved short selling.
"The Berlin Stock Exchange is in contact with the SEC via its regulator and checks all accusations."
An SEC spokeswoman declined to comment on the issue. A call to the NASD seeking comment Thursday was not immediately returned.
At least half a dozen U.S. and Canadian companies issued statements Thursday saying they had been listed on the Berlin-Bremen exchange without their knowledge or authorization and were seeking to be removed.
Klose said the companies are not listed on the exchange, but that shares are traded through a "specialist" firm that is required to check the prices on the exchange of the primary listing, Klose said. Some 10,000 foreign stocks are traded on the exchange this way, she said.
"It's not against the rules, it's a normal process to trade international shares on German stock exchanges," Klose said.
Most of the U.S. companies' shares are being traded through a Berlin-based brokerage, Berliner Freiverkehr. The brokerage's chief executive, Holger Timm, told Dow Jones Newswires it was all above-board.
"It's impossible to sell short here," he said. "All we do is bring the two markets together."
But the U.S. companies contend the exchange is being used to manipulate stock prices.
KleenAir Systems Inc. of Irvine, Calif., said Thursday that its share price has dropped more than 50 percent in the last two to three weeks and the company believes the reason for the decline is the listing on the Berlin-Bremen exchange.
Fremont, Calif.-based Titan General Holdings Inc. said it believes the trading of its shares in Germany directly led to a drop in their price.
"During recent weeks the company's share price has traded significantly lower despite improved financial news," said CEO Ken Shirley. "Management believes that the downward trending of its share price in the market is related to the unauthorized listing on the Berlin-Bermen Stock Exchange."
German federal regulators refused to comment.
The Berlin exchange is one of seven in Germany, including the main stock market operated by Deutsche Boerse in Frankfurt. Regional exchanges such as Berlin handle only a tiny fraction of trades.
Click here for cell phone alerts Privacy Policy Newspaper Ads Services Health Eldercare Financial Legal Careers Find a Job... Enter Job Keywords Homes Find a Home... Autos
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
| IP: Logged |
(AFX UK Focus) 2005-03-10 09:40 GMT: Caspian requests removal of unauthorised listing from Berlin Exchange Article layout: reformatted
LONDON (AFX) - Caspian Holdings PLC said a formal demand letter has been sent to the Berlin Stock Exchange ("BER") requesting that the BER de-lists the company's shares, since the listing occurred without the consent or approval of Caspian directors.
The company said this action has also been undertaken by a number of US and UK companies which have also been listed on the BER without their consent.
newsdesk@afxnews.com
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
| IP: Logged |
posted
This makes me wonder if the germans were the ones who sold those huge blocks of shares: 250 million at 0.0022 and 174 million at 0.0026.....
if so, these would total just over $1million US.
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
| IP: Logged |
posted
Starting to make sense to me. Did we not have this issue brought up last fall, and Frank denied that the stock was listed on the Berlin Exchange.
I do remember trying to find it listed last fall but was not able to do so. When I tried today the stock was listed.
When did the stock become listed?, it must have been early this year.
Makes sense as the PPS started to drop this year, maybe after the spike in the PPS to 0.0090 the Berlin connection decided to make some bank.
Frank, give those guys in Berlin the boot where it counts
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
| IP: Logged |
posted
This appears to be an ongoing issue with stocks unknowingly being listed on their exchange......
I believe that this is a much bigger problem and an issue for the SEC to address.
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
| IP: Logged |
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
| IP: Logged |
posted
I have sent an email to Sen Joe Biden (D) Delaware.
He is on the senate Foreign Relations Committee, and is influential enough to possibly provoke some action with this matter.
I strongly suggest that others take similar action in writing quick emails to representatives and senators from your home states. When they find out just how much money is being lost to these type of activities, it might raise some eyebrows.
I also mentioned the fact that we do not know where / who the money is funding. This too could have homeland security implications!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
| IP: Logged |
posted
This is not new. The powers that be have had plenty of time to impose some type of sanctions on exchanges that illegally trade American company shares.
The Berlin Exchange could be "stuck" with paying for those shares. Anyone going through those exchanges should be stuck too.
If another country allows exchanges to list American companies without official authorization, why doesn't the US impose huge fees to be paid to the offended company for all of the unauthorized shares that were traded?
A US company should not have to check exchanges all over the world to see if they are listed or go to court to stop illegal actions with US partnered exchanges. The SEC could step in and protect American financial interest.
They could suspend trading with those countries who refuse to seek authorization before trading a stock.
Actually, brokerages firms could refuse to settle those trades.......back to the floor.
If this country sold unauthorized shares of a foreign owned company, what action do you think that country would take against us?
Even a more scary thought, is that money going into an individual's pockets or to a cause?
quote:Originally posted by Doctoall: Starting to make sense to me. Did we not have this issue brought up last fall, and Frank denied that the stock was listed on the Berlin Exchange.
I do remember trying to find it listed last fall but was not able to do so. When I tried today the stock was listed.
When did the stock become listed?, it must have been early this year.
Makes sense as the PPS started to drop this year, maybe after the spike in the PPS to 0.0090 the Berlin connection decided to make some bank.
Frank, give those guys in Berlin the boot where it counts
posted
I'm not making excuses for QTN and the IR department, but perhaps this has caused many problems in getting a final O/S count? If there are millions of shares naked shorting it can imagine it would create a lot of confusion about where these shares are coming from. Matt
Posts: 1504 | Registered: Sep 2004
| IP: Logged |
posted
Has anyone read between the lines here about the Berlin issue. How do you think they found this?
Hmmmm, maybe they are making further steps to getting off the pinks, during their prep work to do this they knew/found that they need to get off the Berlin exchange.
I actually find this to be very positive news, yeah it sucks because evil assh0les have been playing games with the stock price. But it shows me that Frank and Company are moving forward yet again, gotta crawl before you walk.
I see this as one more baby step to getting off the pinks.
-------------------- Farley
"Retiring before the age of 40!" Posts: 73 | Registered: May 2004
| IP: Logged |
I am just thinking out loud here but I am wondering if Frank and company could do say a 1 for 10,000 Reverse split. Here me out on this:) And compile a list of the current stock holders and re release those shares bought by those individuals ie me and you and the others. And make the German shares worth nothing.
I do not know if it is legal but I can't see it being any more worng than someone selling your shares of your company with your approvial.
-------------------- Sheldon L. Hutchins Posts: 46 | From: Miami, FL, USA | Registered: Mar 2004
| IP: Logged |
click...about us, then new companies, then listings (next to filing companies). that brings you to "new companies at the Unofficial Regulated Market" with 40 pages to search, 631 listings. rows per page--click on 100, click on page 6. 17th one down. click on Triangle Mulit-Media Inc. 1172 listing security code # 924056/ISIN US8958911096 for a 'snapshot' to show 0 (zero) volume.
Posts: 702 | From: usa | Registered: Apr 2004
| IP: Logged |
posted
Hutch, while your idea seems like a good one, Triangle Multi Media has said over and over again that there will never be a reverse split. Any talk of one happening is simply heresay. I'm going to have to go with Frank's word on this one, so I don't think a reverse split is within the realm of probability.
Posts: 798 | From: New Jersey | Registered: Jan 2005
| IP: Logged |
posted
Farley I don't have a clue about what you've asked, but I like your attitude. You appear to see the glass half full instead of empty, my favorite point of view.
DISCLAIMER: I believe QBID will succeed, and I will continue to own it until something changes my mind . . . or until I believe the PPS has reached its peak. And as long as I am holding shares, I will think positively and post positively. I will listen to all opinions and agree or disagree politely, and I will not do or say anthing to discredit the QBID staff.
Now . . . come on, Frank, give us what we need . . . you know what it is . . . quit being such a tease.
-------------------- Everything I say is only my opinion ... right or wrong. Posts: 2152 | From: Ohio | Registered: Sep 2004
| IP: Logged |
THERE WILL BE NO REVERSE SPLIT as long as Triangle Multimedia (ticker:QBID) is owned and operated by the current management team.
Posts: 798 | From: New Jersey | Registered: Jan 2005
| IP: Logged |
posted
BlackWidow.......slander also includes repeating unsubstantiated statements that damages another's reputation.
There are MANY unsubstantiated statements made on message boards everyday.
Most are addressed to an individual as--you stupid so and so!
However, repeating that someone else said that an individual may have received payment for positive statements about a stock could get sticky really fast.
That individual could take action in response to a slanderous statement that you readily admitted that you did not know if it was true, but posted it anyway.
Then the question would be, was the intent to harm that person's reputation?
If not, why would anyone post something that they did not know to be factual.
See what I mean?
I posted my response in jest. I was a little wary of rumors about individuals--this is a public forum.
Everybody is frustrated, for now.
QBID is somewhat like childbirth--once the baby arrives, the delivery and all of the rest of it is just history.
posted
Boy I never said they were doing a reverse split I just asked the question of if that could make the shares on the Berlin exchange worthless if they did one. You people on here are way to F**K*** serious. That is why I just mostly read all the S*** on here and hardly never reply. I will hold my 1.8 million shares untill at least NOV 2006 Thank you and have a happy afternoon.
-------------------- Sheldon L. Hutchins Posts: 46 | From: Miami, FL, USA | Registered: Mar 2004
| IP: Logged |
posted
Don't worry about it Hutch. Rough times for most. I wouldn't mind a r/s after an official o/s count as long as the share structure isn't touched after that and it brings us to NASDAQ. Matt
Posts: 1504 | Registered: Sep 2004
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
![[Big Grin]](biggrin.gif)
