posted June 28, 2004 22:38            

quote:

---

Originally posted by penguinking:
Oil, i see where you are coming from but those channels you mention are on my extended cable channels... if qbid is going to be on extended hey great lets sign up GM and all the big names but playboy is a pay channel and the only commercials i know of on their is for playboy mag or something that they sell their self..

---

posted June 28, 2004 22:39            

Fourteen Indicted in Kids' TV Scheme

By LINDA HAUGSTED -- Multichannel News, 2/26/2001

Abstract: A Colorado grand jury has indicted 14 individuals for securities fraud and other alleged crimes related to the promotion of children's programming network KidZtime to small-scale investors.

posted June 28, 2004 22:40            

quote:

---

Originally posted by penguinking:
this brings a few questions to mind..... I AM NOT BASHING I JUST WANT ANSWERS.....

Qbid is going to be a pay channel correct?
HBO
Showtime
TMC
cinemax
Do you ever see commercial on those stations.. people pay for a channel they dont normally want commercials.. now i could see this if they were on extended cable commercials would make sense. PLEASE EXPLAIN

---

---------------------------------------------

Pay for basic no Q

Pay for Premium get Q and a Pickle
Still get commercials!

posted June 28, 2004 22:42            

Nostalgia axes CEO Marcovsky
Jay Greene
Jan 31, 1994

Nostalgia Network Inc., in the midst of a takeover fight, fired its chairman and chief executive late Thursday.

Michael Marcovsky was removed after a lengthy board meeting in New York, where company directors effectively ceded control of Nostalgia to a special committee of directors established to sell the company.

Marcovsky was replaced as CEO by Frank Jett, Nostalgia's president, and as chairman by Gerald P. Carmen, a director and one-time U.S. ambassador to the United Nations in Geneva. Jett and Carmen are both on the special committee and are the directors working most closely with the New York investment bank Allen & Co. to find a buyer.

In a press release issued from his lawyer's officer, Marcovsky blasted the board's move, saying he is "profoundly concerned" about the ability to get the highest possible price for the company.

Nostalgia, a money-losing cable channel, went on the market last fall, when Pat Robertson's Intl. Family Entertainment Inc. bid $ 2 a share, or roughly $ 41 million, for the company. That pits the televangelist against Rev. Sun Myung Moon's Unification Church, whose Concept Communications is a large Nostalgia shareholder and also has designs on controlling Nostalgia.

Supported meeting

Marcovsky said he was "sacked" because he supported a shareholder's demand for a special shareholder meeting to elect new directors. Though the release did not name the shareholder, sources said the request was made by Tiger Communications Co., which committed its shares to IFE's bid. A Tiger exec did not return calls Friday.

Marcovsky also criticized the special committee's "complete lack of progress" in selling the company and called the process "little more than a charade."

Nostalgia declined to respond to Marcovsky or explain its reasons for firing him. But sources said Marcovsky's ties to Tiger was a conflict of interest that hindered the company's ability to field bids from other suitors.

Nevertheless, Marcovsky, who is a large Nostalgia shareholder, remains on the company's board.

Copyright © 1994 Reed Business Information

posted June 28, 2004 22:43            

quote:

---

Originally posted by penny-trader:
http://www.multichannel.com/article/CA63810?display=Top+Stories

Fourteen Indicted in Kids' TV Scheme

By LINDA HAUGSTED -- Multichannel News, 2/26/2001

Abstract: A Colorado grand jury has indicted 14 individuals for securities fraud and other alleged crimes related to the promotion of children's programming network KidZtime to small-scale investors.

---

posted June 28, 2004 22:46            

quote:

---

Originally posted by EDDIE138301:
To all the people that are bashing the new CEO. Look at the dates and take a look at the past 2 years and see what he has been doing. All in all, Frank has been true to his word so far. QBID is going to rock this week.

---

Where is the audit for the number of shares?

posted June 28, 2004 22:48            

quote:

---

Originally posted by kbpkt:
Maybe I'm not understanding his bio correctly, but does this mean he is the new CEO and Frank is out? I'm confused about this because it states CEO on the bio.

---

posted June 28, 2004 22:50            

quote:

---

Originally posted by penguinking:
So OIL so your saying you have to subscribe to it like a pay channel... go back to what i posted earlier
[b]because advertising was impossible to sell for leased access channels.[/B]

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posted June 28, 2004 22:52            

quote:

---

Originally posted by OilMan:
I agree his past is shaddy but he knows alot of people according to more recent news.... he is not an employee, simply a consultant.
Also check out another friend we all know http://search.ftc.gov/query.html?qt=gates&col=hsr&col=news&col=full

---

Will he be paid for his "work" at Q ? If so he is an employee in my opinion that is working on behalf of QTV.

posted June 28, 2004 22:53            

quote:

---

Originally posted by casico:
You know this is like the game you played when you were a kid telling someone something and have them tell the next person and so on until it gets to the end..First it does not say he will be the CEO of this company.2nd it does not say they HIRED him..he is only an advisor..probably with money getting connections..Bashers and doubters are everywhere...If you want to sell just do it and leave if not like my girl friend says hang on and enjoy the ride....

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posted June 28, 2004 22:55            

quote:

---

Originally posted by penguinking:
ummm Bill Gates had / has a product currently out on the market when all those charges came out... (that has no bearing on the Q so we will not get into that) but im not argueing with you but why have a guy consult us that was affiliated with another company that said they would air at one time and had no intensions of doing so? oil I appreciate you taking the time to help me sort this out.

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posted June 28, 2004 22:56            

quote:

---

Originally posted by anonymous_lurker:
I do think the same OilMan.
But good dd requires to strip him deeply!
Besides it is 6 years old matter.
Look at the news sector of his company website. A lot of stuff completed within short margin of time.
Either guy is well connected or he has tons of money to back him up.

---

Both!

Connections & big backing!

Something told me to buy some trading shares today.

As allways,,,

"All we have to do is launch!"

posted June 28, 2004 22:58            

quote:

---

Originally posted by CouchP:
Hey all you bashing and ranting and crying little girls. Go sell crazy somewhere else, we're all full up here!

All the bitching and moaning is for not, PPS is green today, and will be green tommorow!

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posted June 28, 2004 23:02            

I wish this happen too.
Would like to add 2m for equal 15m!!!!

quote:

---

Originally posted by OilMan:

Man I hope we have a panic sell in the morning. PLEASE PLEASE PLEASE

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posted June 28, 2004 23:02            

quote:

---

Originally posted by OilMan:
I agree this dude is S H A D D Y! But man he knows alot of people and can sell an investor on freakin "Pet TV" LOL! As long as he can sell advertisers and cable companys on Qtv I am on bored. Use hime, and fire his rear!

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posted June 28, 2004 23:03            

quote:

---

Originally posted by casico:
You know this is like the game you played when you were a kid telling someone something and have them tell the next person and so on until it gets to the end..First it does not say he will be the CEO of this company.2nd it does not say they HIRED him..he is only an advisor..probably with money getting connections..Bashers and doubters are everywhere...If you want to sell just do it and leave if not like my girl friend says hang on and enjoy the ride....

---

No you are right it does not say he is the CEO of the company. It is in my opinion a pi$$ poor job of cutting and pasting this guys bio on there. The CEO Chairman whatever was probably on the top of the page and our lovely web folks probably just did a select all and pasted it on the page.

Which I think is quite remarkable considering last time they put out a PR in the morning and stated there was a bio on the webpage to look at and it did not even show up that day! Since I own shares in the company I feel like it is partially my company. I felt like an idiot. There is a PR that states we have something on the website and we do not. How many people were saying "oh look how many people are going to see us now that viacomm was listed in the PR"

I am a shareholder of VIA as well and if I only owned them and saw QBID put that out and then not have anything to back it up on the website I would have laughed my butt off. I called the "switchboard" that day and was told by a "David" that "oh yeah we do not have it up yet. It will be there sometime later"

But anyway - getting back to my point - yes you are right they did not state he would be the new CEO or whatnot. So far the site still does not even seem professional with Scott's resume/bio showing up in a few spots and the free counter still on a few pages.

Even as an 'advisor' though he has to still be paid though right? Could be volunteer work but I doubt it.

Hopefuly their will be a PR and *not* just a hotline message in the morning to explain what it all is in black and white and hopefuly they will indicate they are still on track to their launch date.

posted June 28, 2004 23:03            

quote:

---

Originally posted by firefly:
think we are seeing the panic tonight

---

Yea! I'm in a panic about how to get arround all those capital gains taxes The moment I become a billionaire

posted June 28, 2004 23:04            

For Release: August 11, 1998
--------------------------------------------------------------------------------

Federal, State Law Enforcers Move Against Bogus Entertainment And Media-related Investments

Dozens of Investment Opportunity Businesses Targeted in "Project Risky Business"

--------------------------------------------------------------------------------

The Federal Trade Commission, Securities and Exchange Commission and 20 members of the North American Securities Administrators Association today announced nearly 60 law enforcement actions directed at scores of bogus entertainment and media-related "investment opportunity" scams. The scams, ranging from promotions for production of infomercials to a plan touting an Internet gambling casino, have been targeted as part of a nationwide crackdown by federal and state officials against fraudulent money-making ventures. Some of the scams claimed they were "approved" by The Internal Revenue Service for investors' Individual Retirement Accounts. The IRS does not approve investments.

"These 'investment opportunities' are peddled as bright, new initiatives. But they're actually the same old story," said Jodie Bernstein, Director of the FTC's Bureau of Consumer Protection. "They are touted with fabulous earnings claims, promoted with deceptions and virtually all the investors end up losing their money."

The FTC filed complaints in federal District Courts against:

Automated Systems & Concepts International, Inc. The FTC charged promoters of this investment scheme deceptively marketed $10,000 investments in North American Broadcasting Partners and its production of infomercials and the products featured in them, such as an Elvis Presley "package" that included a coffee-table book, a CD with a previously unreleased Elvis song and Elvis postage stamps. According to the FTC, the defendants have raised approximately $12 million to date.
World Interactive Gaming Corp. The FTC charged the defendants deceptively marketed investments in an Internet gambling casino by claiming that consumers were likely to turn a $10,000 investment into $157,000 profit in one year. In this case, the agency alleged the defendants raised approximately $2 million from 150-200 consumers.
My Pet TV. The FTC alleged the defendants victimized 1,200 investors who had previously lost money through a failed investment scheme by illegally appropriating the remaining $650,000 of their original $16 million investment and diverting it into a cable-TV network devoted to pet programming.
"Entertainment and media-related investments can be risky business," Bernstein said. "Consumers who don't know the industry well should take a cautious approach to investing."

Richard H. Walker, Director of the SEC's Division of Enforcement, agreed. "The cases we bring today should send a strong signal to fraudsters that whether they work on Wall Street or in Hollywood, we're going to catch them. The SEC, FTC, and NASAA have teamed today to crackdown on fraud in the entertainment industry. We need consumers to join our team and do their part by doing their homework before they buy investments from strangers."

"There is nothing entertaining or amusing about misleading or defrauding investors and that's what we're talking about," said Denise Voigt Crawford, President of NASAA. "Con artists promise 'Titanic' profits, but too often investors end up going down with the ship."

The FTC cases:

The FTC charged that six defendants operating North American Broadcasting Partners telemarketed investments in infomercials and the products they touted, and promised significant returns to investors. The FTC alleged that the defendants falsely claimed that an infomercial for their "Elvis Immortal" memorabilia package, including a compact disc featuring a previously unreleased song recorded by Elvis Presley and a book containing several hundred photographs by Elvis Presley's personal photographer was under consideration to be the official book of Graceland, would air on the 20th anniversary of Elvis Presley's death. The agency also alleged that the defendants falsely claimed in their sales pitches that QVC and Target Stores had sold thousands of NABP products. Finally, the complaint alleged that defendants lied about prior investors receiving substantial returns on their investments. At the request of the FTC, the U.S. District Court for the Central District of California granted a temporary restraining order, froze the defendants' assets and appointed a receiver, pending trial.

My Pet TV defendants used telemarketers to induce consumers to invest in $10,000 increments in "affiliates" of a cable television network named "Children's Cable Network," which was to broadcast non-violent, educational children's programs. Investors were told that they would earn money from prospective advertisers for the children's shows in an arrangement to be managed by the defendants. The scheme raised $16.5 million, most of which was disbursed to the principals and the telemarketers who successfully solicited the investments. The FTC alleged that the My Pet TV defendants fraudulently and illegally diverted at least $650,000 from the Children's Cable's affiliates to another of their schemes, My Pet TV, and later misrepresented that My Pet TV was airing shows on a cable system. The U. S. District Court for the Central District of California issued a temporary restraining order, froze the defendants' assets and appointed a receiver, pending trial.

The defendants in World Interactive telemarketed shares in an Internet gambling casino, Golden Chips Casino, telling investors profitability would mimic "Microsoft, Netscape and Yahoo." The FTC alleged that they misled consumers by claiming that World Interactive should 'conservatively' earn $100 million in its first year and that investors could expect to make $150,000 or more in one year from their $10,000 investment. A hearing on the FTC's request for a temporary restraining order is set for August 17, 1998, in the U.S. District Court for the Eastern District of New York. The New York Attorney General provided substantial assistance in filing this case.

In a related case, Peter Aro and Jason McDuffie, principals of Coastal Gaming, Inc., have agreed to settle FTC charges that they misrepresented to potential investors that the investments they were offering in casino gambling ships would yield high returns, that celebrities were in line to promote the investment opportunities, and that there was a $1 million escrow account in place to guarantee the investment. The FTC brought these charges in 1997 as part of "Project Field of Schemes," a joint federal-state law enforcement and consumer education campaign against fraudulent investment opportunities. The settlements would prohibit the defendants from making false representations in connection with investments in casino gambling ships, or any other investment opportunity generally. In addition, Aro is required to first obtain a performance bond in the amount of $500,000 before engaging in any future telemarketing activity. The settlements also would impose a monetary judgment in the amount of $5,000,000 on each of the defendants.

In a second related FTC case, Denyse Anderson and Michael Anderson remain in jail after District Judge Lloyd D. George on June 17, 1998, found them in contempt of court for failing to repatriate almost $1.3 million in off-shore assets. The FTC's complaint against Affordable Media, LLC, doing business as the Sterling Group Media and its affiliates, charged that the defendants falsely promised returns on investments in media units -- blocks of TV commercials promoting various products with proven consumer appeals. Another defendant, Eric Stein, the subject of state criminal charges, remains at large and was featured recently on "America's Most Wanted."

The Commission votes to file the complaints in the Automated Systems & Concepts International, Inc. and World Interactive Gaming Corp. cases were 4-0. The Commission vote to file the complaint in My Pet TV case was 3-1, with Commissioner Orson Swindle dissenting. In a separate dissenting statement, Commissioner Swindle said, "I regard as deplorable the acts in which the defendants allegedly engaged. Nevertheless, I have voted against filing this complaint. Unless consumers were the victims of fraud or deceit when they decided to invest their money, I do not believe that application of Section 5 of the Federal Trade Commission Act is the appropriate way to address misconduct in the internal operations of a business."

--------------------------------------------------------------------------------

NOTE: The Commission issues a complaint when it has "reason to believe" that the law has been or is being violated, and it appears to the Commission that a proceeding is in the public interest. The issuance of a complaint is not a finding or ruling that the respondent has violated the law. The complaint marks the beginning of a proceeding in which the allegations will be ruled upon after a formal hearing.

NOTE: A consent agreement is for settlement purposes only and does not constitute an admission of a law violation. When the Commission issues a consent order on a final basis, it carries the force of law with respect to future actions. Each violation of such an order may result in a civil penalty of $11,000.

Copies of the complaints and consent agreement as well as two consumer alerts, "Lights, Camera, Rip-Off!" and "Taxpayers with IRA's: FYI," produced by the Office of Consuemr and Business Education, are available from the FTC's web site at http://www.ftc.gov and also from the FTC's Consumer Response Center, Room 130, 6th Street and Pennsylvania Avenue, N.W., Washington, D.C. 20580; 202-FTC-HELP (202-382-4357); TDD for the hearing impaired 1-866-653-4261. To find out the latest news as it is announced, call the FTC NewsPhone recording at 202-326-2710.

posted June 28, 2004 23:07            

quote:

---

Originally posted by OilMan:
Pay him with stock to ensure he stands on the right side of the fence :-)

---

with ristricted shares so he can not just dump them.

Still waiting to see the share structure that is currently on their books ...

posted June 28, 2004 23:07            

quote:

---

Originally posted by sharkus:

No you are right it does not say he is the CEO of the company. It is in my opinion a pi$$ poor job of cutting and pasting this guys bio on there. The CEO Chairman whatever was probably on the top of the page and our lovely web folks probably just did a select all and pasted it on the page.

Which I think is quite remarkable considering last time they put out a PR in the morning and stated there was a bio on the webpage to look at and it did not even show up that day! Since I own shares in the company I feel like it is partially my company. I felt like an idiot. There is a PR that states we have something on the website and we do not. How many people were saying "oh look how many people are going to see us now that viacomm was listed in the PR"

I am a shareholder of VIA as well and if I only owned them and saw QBID put that out and then not have anything to back it up on the website I would have laughed my butt off. I called the "switchboard" that day and was told by a "David" that "oh yeah we do not have it up yet. It will be there sometime later"

But anyway - getting back to my point - yes you are right they did not state he would be the new CEO or whatnot. So far the site still does not even seem professional with Scott's resume/bio showing up in a few spots and the free counter still on a few pages.

Even as an 'advisor' though he has to still be paid though right? Could be volunteer work but I doubt it.

Hopefuly their will be a PR and *not* just a hotline message in the morning to explain what it all is in black and white and hopefuly they will indicate they are still on track to their launch date.

---