posted October 30, 2004 16:00            

Yea and if he made things more clear it would help. But the fact he told us what the Float was and not O/S is a clear indicator. No one using only tells float without at least stating O/S first. In of its self was pretty secret. It makes you think he was scared to tell us what it was. But still hold to sec guidlines, that say his shares are insider share so by that they are restricted. I can't find any form 144 or 10-K filings to state otherwise. And also he wouldn't be selling his shares anyway unless he thought the company was failing and I don't believe that.

posted October 30, 2004 16:05            

Happy Halloween everyone.

Ric

quote:

---

Originally posted by King Crimson:
...good talking about this with someone following what i'm saying....

---

posted October 30, 2004 16:30            

quote:

---

Originally posted by AF1:
Thanks Ric and King for explaining the A/S, O/S, and float so well. I was starting to get confused with all the different numbers being thrown out there. What I don't understand was why there was even a buyback. Frank said early in the year that he was going to do a buyback then he turns around and issues more shares to get additional funding. Correct me if I'm wrong but he issued more out than he is buying back. (6 billion for funding, 1 billion buyback) So how does that help us out? I know the 6 billion is restricted but for how long? It sounds like the buyback was just a smoke screen.

---

posted October 30, 2004 16:38            

a/s--50b

institutional restricted--6b

float--9.5b

buyback--1b (2% of 50b a/s)
--approx. 600m (60%) complete
--approx. 400m (40%) yet to buy

float when buyback complete--9.1b
...unless they meant 1b off of the 9.5b, then--8.5b
...or they meant 9.5b float after completed

frank owns 53% of o/s

other insider ownership--unknown

o/s--unknown

...however some estimates would put the number somewhere between 25b and 35b of the 50b a/s

posted October 30, 2004 18:04            

you can do all the calculations you want. you are not going to come up with the right numbers.

the way it is now the pumpers can calculate it down and the bashers can calculate it up.

look at the way our capitalist comes up with 71 billion o/s he is taking the new o/s count and adding it to the old outstanding count. they didn't increase the O/S by 50 billion. they expanded to 50 billion.

this is going to cause more confusion and more dips.

I'm not bashing, I'm just calling it the way i see it.

I want this thing to run but it is not going to for a while yet.

we may not see much more then a penny until they go full reporting status with the info that they keep watering down to sound good.

JMHO

posted October 30, 2004 18:11            

quote:

---

Originally posted by 1BigTip:
Hey they're all back. Now I might have that chance to see 20's again, yeay!!

---

posted October 30, 2004 18:41            

Olsen picked up the phone which surprised me...usually Troy answers the phone. But here is what he told me...

There is 9.5 Billion shares in the float.

PLUS

6 Billion held by Institutions as security against agreements. QBID has five years to buyback those shares if they choose to do so.

The total OS is 15.5 Billion shares of which Frank Olsen owns 53% of or 8,215,000,000. That leaves 7,285,000,000 in the float. After the buyback is complete the float will be reduced to 6,285,000,000.
****************************************

Hmmm... Where do we put the 6B restricted
institutional portion now?

posted October 30, 2004 22:16            

There is 9.5 Billion shares in the float.

PLUS

6 Billion held by Institutions as security against agreements. QBID has five years to buyback those shares if they choose to do so.

The total OS is 15.5 Billion shares of which Frank Olsen owns 53% of or 8,215,000,000. That leaves 7,285,000,000 in the float. After the buyback is complete the float will be reduced to 6,285,000,000.

=======================================

posted October 30, 2004 22:22            

-------------
http://www.horrorchannel.com/modules.php?op=modload&name=News&fi le=article&sid=222&mode=thread&order=0&thold=0

Posted by: islandboyz
In reply to: squacker who wrote msg# 33476
Date:10/30/2004 9:47:36 PM
Post # of 33478

Good link squacker I suggest everyone read it...

"It has been over 18 months since our promise of an all-horror channel was first shared with you, our fans. Since the very first day that HorrorChannel.com went online, we indicated a launch in October of 2004, and until very recently, that was indeed the case.

Yet, while nearing our launch, some enticing developments enabled us to improve upon our launch strategy -- something which we evaluated very thoroughly because we knew it would require a slightly longer incubation period. In the end we decided that an opportunity to increase our distribution on cable and satellite services was better than rushing to a limited, early release.

Invariably, when a new channel comes down the pike, it must cross two important hurdles:

1) proof of concept to cable operators

-and-

2) proof of its ability to deliver a vibrant programming service that satisfies a critical audience demand.

The first condition challenges us to demonstrate to the cable and satellite operators that you, the fans, will be avid viewers of the channel, thus making it necessary for them to carry us. And to date you’ve all done a fantastic job of “Screaming for The Horror Channel” to your providers.

The second condition begs the question: “Do we, the programmers, understand our audience?”, or “Can WE pass YOUR litmus test?” Part of this means we need to understand your programming wants, and to this end, we have been in the trenches with you relentlessly collecting feedback so that we can ensure your satisfaction by delivering your birthright: the scariest channel on television.

Right now we are well on our way to being a seven-day a week, twenty-four-hour a day horror network, and we will be on the air because you are helping us stay focused, vibrant, and relevant.

With respect to our distribution, here’s what we have cooking: We have a carriage opportunity assuring us of a national footprint. We’ve just added the possibility of penetrating many millions of additional homes because of this new opportunity. This means our launch requires additional preparation on the back end to meet these expanded offerings. In order to accomplish this, some sacrifices had to be made. A virgin here, a launch date there . . . You get the idea.

In the end it’s going to be the best possible thing for both The Horror Channel and our dedicated fans, and that’s the most important thing in the world to us. Know this though: Our launch is imminent.

Your next question is obvious:

“So who are the providers that picked you up?” Until everything is signed, sealed, and delivered and we have a clear picture of what the particulars are, we need to hold these cards close for a little while longer.

We are literally frothing at the mouth to start making our official announcements and get on the air, and that will happen soon! We will post our programming schedule and list of carriers so you will know exactly where to find us and what you will be seeing. Again, at this point it’s just a matter of working out the small details. Rest assured we will be coming for you -- and to you -- very soon.

As promised, we will be available on both formats: cable and satellite.
So, continue to call your providers and tell them The Horror Channel is about to launch. Tell them that you want it!!! Keep calling them. We’re going to be out there delivering the gory goodness; there’s no reason why you shouldn’t be able to watch us. Make your voice heard now, and the screaming will start later!

More information will come soon. Thank you for your continued support and patience.

--Steve "Uncle Creepy" Barton

posted October 30, 2004 22:57            

You know that I have questioned the $1 a share everyone is hoping for. I said that I couldn't see how we could get past the O/S.

I think the discussion today made sense for getting us there.

Move shares:

Franks Shares to prefered A stocks with voting rights that we give him a majority vote, which as I see he wants. example 20 million QBID A with 500/1 voting rights.

Rene gets prefered B shares say 10 million QBID B with say 50/1 voting rights.

Other officers Prefered C shares with 1 for 1 voting rights.

Institution shares to either prefered D with no voting rights or convertible warrants.

Continue buybacks on float, which now becomes O/S because the restricted shares are moved out of common. 15 million dollar will buy us 5 Billion shares right now leaving us around 4 billion O/S using my model.

Now we can work on that dollar and getting off pinks.

Maybe a dream but thats what you invest in pennys for.

Ric

posted October 31, 2004 10:42            

15.5 o/s
6 billion restricted
Frank owns: 5,035,000,000
open market: 4,465,000,000
buy back = 1,000,000,000
left on open market = 3,465,000,000
other insider owned shares = ?

if frank does as you suggest which i too agree with changing all insider shares to a smaller number prefered shares would bring the o/s down to a very good number for us small investers. after the buy back is complete it would be nice if all numbers were explained in the pr.

[This message has been edited by bill1352 (edited October 31, 2004).]

posted October 31, 2004 11:24            

there was talk of Frank retiring 25% of his shares at one point but i don't believe that it was in the form of a pr. I believe it was brought to us through dmuse or one of our other most trust worthy posters from the other board.

They had the opportunity to clear all these grey areas up on the CC but they instead decided to give out scripted information that deliberately answers your questions with out answering them. I have to wonder if this is intentional to keep the price from moving up until they complete the buyback, while making it look like they are trying to satisfy our questions so they don't get charged with stock manipulation.

I want the price to move up but cant see it happening until Frank wants it to go up.

the only thing that will get this to move is to clear up all the speculation. and that can be done in one PR when ever Frank wants to let the price move up. He has something to gain by it going up and has the answers to make it happen. it will in time so we may as well accumulate as long as the shares are on sale.

posted October 31, 2004 11:26            

Instead of going deep into it, do a search for "meaning of stock mergers" see what you can find.

posted October 31, 2004 11:38            

FRANK SAID 9.5 B Float

Until he changes that in PR which he hasn't and he said himself he read RB so he knows what being said about Float O/S. I wish it wasn't true either but Franks not stupid and knows the difference of Float and O/S. Plus when asked about A/S he said clear A/S is this, while O/S question wasn't answered clearly, why?

He said float and trying to spin it to O/S is only yourself on this board. Also your numbers don't work. You are saying the institutions own more shares then Frank even if restricted Frank isn't doing that.

Let me ask you this. How did Frank buy those movies this Summer? How did Frank buy rights on the satelite? How did Frank buy the production building? How did Frank hire the new staff? How did Frank pay for all the long trips to promote Q? How did Frank buy the Q Mobile? How did Frank Pay the bills over the last year with no revenue and no subscription fees and no advertising? I said it months ago that he would have to sell more share to get us up and running. Do you know how much money is needed to run a nation network? Its not hes fault that he needed to to get the company to where it is. We needed money and this is how we got it. You need to know how the penny market works. All, well most all pennies are having to dilute to raise capital. Oh I forgot, how did we raise capital to get rights to the Aquatic games in Florida, send a production crew and air it?

Ric

quote:

---

Originally posted by bill1352:
ric...not trying to argue and i do agree the more the o/s is reduced the better off we are. but if you read the transcript that 1bigtip was so kind to provide frank said 9.5 on the books and 6 billion used for loans for the gay games. he then said 9.5 in the float which i'd bet was a misuse of terms. he said he doesn't expect the 6 billion to hit the market. because the 9.5 came out a while before the games or the buy back news & came out from reliable sources i'd say this is the o/s as long as frank does keep the 6 billion from the market. also the 53% was around long before the games thus it would add up that its 53% of the 9.5. this 9.5 also may not include the buy back as it has not changed from before the buy back. so if they do buy back 1 billion this number may become 8.5 billion. it would be nice if all this was spelled out in no uncertain terms but looking at everything said this does seem correct. if it is then the share structure would be:

15.5 o/s
6 billion restricted
Frank owns: 5,035,000,000
open market: 4,465,000,000
buy back = 1,000,000,000
left on open market = 3,465,000,000
other insider owned shares = ?

if frank does as you suggest which i too agree with changing all insider shares to a smaller number prefered shares would bring the o/s down to a very good number for us small investers. after the buy back is complete it would be nice if all numbers were explained in the pr.

[This message has been edited by bill1352 (edited October 31, 2004).]

[This message has been edited by bill1352 (edited October 31, 2004).]

---

posted October 31, 2004 11:39            

we live for Hockey in Canada.

i dont get to go to the Corel center this year

quote:

---

Originally posted by 1BigTip:
Wanderer. Nice to see you posting here again. I'll let someone else answer those questions but I can only say that those companies you lost in, went "bankrupt" or had major fraudlant problems. It's different from A merger/buyout.

Instead of going deep into it, do a search for "meaning of stock mergers" see what you can find.

HAPPY HALOWEEN EVERYONE! Lot's of sugar for me today.

---

posted October 31, 2004 12:19            

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

I've said it many times,"The really hard work was accomplished before a carrier would even consider working with us!"

"All we ever had to do is launch!"

posted October 31, 2004 12:26            

quote:

---

Originally posted by Ric:
Whiz,

You know that I have questioned the $1 a share everyone is hoping for. I said that I couldn't see how we could get past the O/S.

I think the discussion today made sense for getting us there.

Move shares:

Franks Shares to prefered A stocks with voting rights that we give him a majority vote, which as I see he wants. example 20 million QBID A with 500/1 voting rights.

Rene gets prefered B shares say 10 million QBID B with say 50/1 voting rights.

Other officers Prefered C shares with 1 for 1 voting rights.

Institution shares to either prefered D with no voting rights or convertible warrants.

Continue buybacks on float, which now becomes O/S because the restricted shares are moved out of common. 15 million dollar will buy us 5 Billion shares right now leaving us around 4 billion O/S using my model.

Now we can work on that dollar and getting off pinks.

Maybe a dream but thats what you invest in pennys for.

Ric

[This message has been edited by Ric (edited October 30, 2004).]

---

***Ric!!!**

I like your idea very much!

All joking aside you need to write Frank & present this because most investors would love this idea.

posted October 31, 2004 12:53            

I want Q to succeed. Just don't want new people to be misinformed. I came to this board because of the pumping and bashing of other boards didn't help either way. And this exchange isn't helping Q's cause or this threads. So lets agree to disagree and drop any further conversation on it. I think a PR is needed to fix the problem.

Lets pump this in more productive ways that we know for fact. All we ever want is this to go up in pps to make us all money. Never fall in love with a stock just make tons of money on them. But I will still push my model to Frank. No matter what the O/S is the model still works good for me.

Ric

posted October 31, 2004 13:09            

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

I assume that I will never get Q in my neighborhood then. I think my area falls that not accepted market. - Bible belt -

But maybe it will get on Direct TV or Dish Network though. Pretty large audience. That has to mean a major Cable Network if 25% first of the year (maybe TW) then 10% more by March (maybe Comcast).

This sounds like great news and huge benefits to Q.

posted October 31, 2004 14:11            

I should be seeing hockey right now, especially ordering Direct TV just for NHL Center Ice! Dammit.

posted October 31, 2004 14:12            

Coy: What exactly am I investing in and hows is it going to help me become rich and famous…

Frank Olsen: I don’t know if you’re going to be famous but I’ll answer the question real fast.

posted October 31, 2004 14:21            

55% of US population (281,421,906 from 2000 censis) = 154,782,048

10% population target (leaving out 3% that have experimented) = 15,478,205

So 15.5 milllion target audience

From Gay/lesbian website: avg. income of GLBT community is $60,000.00 a year. Thats 930 Billion income. Now thats not disposable income mind you, its actually gross income. but using 55% of previous given disposable income its 330 Billion Disposable. I would settle for one percent of that or 3 Billion advertising dollars.

15.5 million target. If we get 1/2 to sign up in 5 years, that thats 7.75 million. And using $4 as our part of subscription fees.

7.75 million X $4.00 X 12 months= 372 million a year

Thats just subscription fees using conservative numbers.

So final summation:

370 Million a year from Subs
3 Billion a year from Advertising

All a guess but this puts us close to that 5 Billion company Frank talks about. Market Cap always a little more then revenue.

Ric

posted October 31, 2004 14:44            

1st off, i'm still very optimistic about this stock. i don't think even frank can screw this up, but also think that he's gotta stop blaming the pps on the "board people". right, it has nothing to do with basic information about the company (ANY company) not being released--like a real share count?? lofl. frank said it himself--as stockholders, WE own the company. now if i own a piece of something, it would be nice to know how big (or little) a piece that i own--but that's just me. if we (the owners) don't know how many shares are really out there, the guys with the big bucks looking to invest don't either. btw, this is a PUBLIC company--these are not trade secrets that a competitor could use against us. and just forget about any kind of an audit (which has to happen to be a reporting company listing on any exchange) unless and until that information is released, announced, or reported.

been in since feb, been long all the way cause of the potential, and have made some nice profits--this baby has been a real beauty if you've been trading and accumulating it all along the way. it's at bargain basement prices right now imho. if anyone thought this was a good investment at a penny or more, you gotta think it's a real good investment now--the company HAS progressed, met some goals, missed some deadlines, but basically is doing what they said--broadcasting.

rod...talking about this is not what is causing all the confusion, and it certainly isn't going to cause any dips--unless the members and readers of this board are the major traders of this stock. if that's the case, let's all just start buying and the price has to go up right?? lol. lack of clarity on the big kahuna's part might just have something to do with the confusion though--imho.

mcfly...they're gonna have to pay MY price for my shares..

1bt...catch your reference. dude, you think i'm bashing?? we shouldn't discuss something as inconsequential as an accurate share count?? my friend, i respectfully disagree--and i say this sincerely, NOT sarcastically.

turkey basters, chocolate pickles, protein shakes, diapers, drinking, skittles and twix--nothing wrong with talking about that. really. this board goes 24/7. think of how uninteresting a place this would be if all that was talked about was the company and the stock. no personality. truthfully now, who among us hasn't cracked a smile, chuckled, lol, or even REALLY LOFL at the antics of some of the members here?? rutti1 and bung-diddler readily come to mind. still brings a grin. point is--lighten up. we're all friends here. we all should have 1 same goal--an increase in the value of the company that we believe in and have money invested in, and thereby a higher pps. trying to ascertain an accurate share count by talking about it here among people (or the abstact personalities they represent by their screen names) who want to talk about the same on-topic thing should qualify as something ok to post, shouldn't it??

you have people on here who don't know the difference between or relative importance of a/s, o/s and float. and at this point, from what we know, it could have absolutely nothing or even everything to do with the pps. we all have to make some kind of assumptions about these things. i (and anyone else) shouldn't have to "speculate"--if that's what we're doing by talking about it on this board. i try to post only what i know, contribute relevent information, and back it up with a link to where i derived that information. but everything is not known, so i chat with the people who i think might be able to help me understand what i might not know. yeah, and sometimes we shoot the breeze alittle--that's ok. even our resident 'capitalist' and robin bring relative information to this forum--all that they say is not wrong. we are all supposed to be adults here, making our own adult investing decisions. if you want to have an investing strategy of plunking your money down on the word of anybody here without doing any dd yourself--well cowboy, this is america the beautiful and i'm a vet that will defend your right to the death to lose money any which way you choose.

and anybody that believes that anything that i, you, or anyone else here says has any effect on the pps of this stock, i'm pretty sure that pharm could get you a real good deal on some land down his way..

whiz is right--all we have to do is launch...in all the markets with all of the carriers that have all the people that want us.

we are all in the right place at the right time with this particular stock--IMHO. but don't take my word for it--do the easiest thing you can possibly do at least--READ ALL ABOUT IT. right here on this board is a good place to start. alot of good folks on here, with alot of knowledge--and they're willing to help--just ask.

as i said, i'm long this stock and have been accumulating whatever i can when i can at very reasonable prices with my very limited income.

i'm not an ostrich, don't have my head in the sand, or up my as$. ok, should just keep my mouth shut and go full lurk mode. glty

go ahead--let the slamming begin,,,,,,,,,

posted October 31, 2004 14:54            

Frank Olsen: I got the question, if you’ll disconnect your phone, and then I’ll give you the answer. Because it’s breaking up and we can’t hear you. It’s causing static in the line. Thank you. Ok, the question was about the number of shares. There’s 9 and a half billion in the book. There’s 6 billion in institutional hands that is for security against agreements. That was money for gay games, that was money that was needed for borrowed programming and that’s what its there. We don’t expect to ______ the market. Now more of the questions we like to answer everything, if you’d like to add to that you can, but in the float there’s 9 in a half billion.

posted October 31, 2004 14:54            

1st off, i'm still very optimistic about this stock. i don't think even frank can screw this up, but also think that he's gotta stop blaming the pps on the "board people". right, it has nothing to do with basic information about the company (ANY company) not being released--like a real share count?? lofl. frank said it himself--as stockholders, WE own the company. now if i own a piece of something, it would be nice to know how big (or little) a piece that i own--but that's just me. if we (the owners) don't know how many shares are really out there, the guys with the big bucks looking to invest don't either. btw, this is a PUBLIC company--these are not trade secrets that a competitor could use against us. and just forget about any kind of an audit (which has to happen to be a reporting company listing on any exchange) unless and until that information is released, announced, or reported.

posted October 31, 2004 15:05            

Here is two example that can’t work and here is why. By the way it uses number not even given? First example claims that the Institutions own more shares then Frank, really, hum. They may be restricted now but not forever. Second Example mean Frank took 2 billion away from us and gave to himself. Because in Feb. we had 15 B A/S with 7.5 Billion O/S, Frank has 4 Billion of that and Float was 3.5 Billion. Now your trying to say Frank either ripped us off or gave Institutional more shares in the company then even he owns. Plus he would have to report insider trading if he was buying up float for his personel use. And if second example was true would be close to a $1.00 a share right now. Also Frank would shout from rooftop if Float was that low, he sure wouldn't hide it.

Example 1
15.5 o/s
6 billion restricted
Frank owns: 5,035,000,000
open market: 4,465,000,000
buy back = 1,000,000,000
left on open market = 3,465,000,000
other insider owned shares = ?

Example 2
15.5 o/s
minus restricted 6,000,000,000
that left for float 9,500,000,000
less frank's 53% of o/s 8,215,000,000
(he did indicated yesterday that his holding is 53% of o/s and cannot do anything about it)
that left for holding among the public
1,385,000,000
less 600,000,000 already bought back
that lead to 785,000,000
there is still 400,000,000 on the buy back. after the 1 bil buy back completed, there would be 385,000,000 in the public.

The truth is no one knows what O/S is because Frank didn't say. I am tired of this and will not respond to it with you again.

Ric

quote:

---

Originally posted by bill1352:
Ric.... to say i'm a pumper as it seems you are saying is a very incorrect statemnt and an insult. I would say that the statement of 9.5 on the books is the o/s..................

Frank Olsen: I got the question, if you’ll disconnect your phone, and then I’ll give you the answer. Because it’s breaking up and we can’t hear you. It’s causing static in the line. Thank you. Ok, the question was about the number of shares. There’s 9 and a half billion in the book. There’s 6 billion in institutional hands that is for security against agreements. That was money for gay games, that was money that was needed for borrowed programming and that’s what its there. We don’t expect to ______ the market. Now more of the questions we like to answer everything, if you’d like to add to that you can, but in the float there’s 9 in a half billion.

frank doesn't seem to be a stickler for exact wording & yes maybe he should be but rene does seem to be that way & i didn't hear rene correct frank. i would say the franks shares would be on the books unless Q was very corrupt which it seems obvious that they are not. it seems to me that your statements saying your trying to bring positive correct information is a bit off. i could be wrong but on the books would normally include all shares.

---

posted October 31, 2004 17:00            

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

To: Sprintcar who wrote () 11/20/2001 10:33:54 AM
From: ferrgus of 980

NEWS: Triangle Multi-Media Limited, Inc. President announces acquisition of new company

Palm Springs, CA, Nov 20, 2001 (M2 PRESSWIRE via COMTEX) -- Triangle Multi-Media Limited, Inc. (OTC - QBID) President, Frank Olsen, today announced the acquisition of a company called Liquidation by Satellite, or LBS. LBS is a liquidation company specializing in large inventories of television equipment, heavy machinery, electric equipment, education materials and other products primarily related to the airline industry. LBS began in 1991 and has continued to do business up to this date. LBS`s main source of merchandise is the Boeing Company. LBS has purchased and resold millions of dollars of merchandise over the past 10 years and, with the help of Triangle Mutli-Media Limited over the past 24 months, LBS has helped to open up the California market.
With the current downsizing of airlines, there are numerous inventories for sale. There are also numerous customers. LBS has a specialized list of customers developed over the last 10 years that have other uses for airline equipment and this customer list continues to grow. LBS owns Rolling stock and leases warehouses in several areas.

When the original founders of LBS sold their interest in 1994, they remained active in consulting and sales. During the year 2001 Triangle Multi-Media has been involved in sales, advertising and marketing for LBS, generating substantial income for QBID. Due to the health concerns of the remaining principals of LBS, they offered, as of the first of the year, to sell LBS to Triangle in exchange for stock.

Olsen stated, "We are happy to announce that as of today Triangle Multi-Media will be taking over the LBS operation. This will ensure that Triangle will have additional revenue to continue the development of Triangle Television Network.. Mr. Olsen stated, "This is a great time to be in the liquidation business. It`s all marketing and fits in well under the Triangle umbrella.

posted October 31, 2004 19:48            

quote:

---

Originally posted by 1BigTip:
Wanderer. Nice to see you posting here again. I'll let someone else answer those questions but I can only say that those companies you lost in, went "bankrupt" or had major fraudlant problems. It's different from A merger/buyout.

Instead of going deep into it, do a search for "meaning of stock mergers" see what you can find.

HAPPY HALOWEEN EVERYONE! Lot's of sugar for me today.

---

posted November 01, 2004 00:12            

THANK YOU RENEE FOR LETTING US KNOW THAT CONTRARY TO WHAT FRANK TOLD US, YOU WONT BE UPGRADING THE STOCK IN 6-12 MONTHS. SINCE IT IS EXTREMELY DIFFICULT AND THE APPROPRIATE ACCOUNTING PRINCIPALS USED TO UPGRADE A STOCK CAN'T BE DONE WITH QBID DUE TO THE EXISTING PROBLEMS. BUT THEN AGAIN, WE ARE GETTING USED TO FRANK TELLING US THINGS THAT FLAT OUT LIES.

HEY FRANK, DID YOU KNOW THAT YOUR SHARE COUNT IS AS FOLLOWS:

15-BILLION YOU TOLD US ABOUT IN FEBRUARY 2004.

YOU RE-ISSUED 6-BILLION IN SEPTEMBER.

THEN YOU AUTHORIZED ANOTHER 50-BILLION AT THE SAME TIME.

THEN.... OH THE BEST PART...

AFTER ALL THIS, YOU TELL US (AGAIN AS IN FEB OF 04) THAT YOU ARE DOING A BUYBACK. NOW FURTHER, YOU TELL US THAT YOU CAN'T TOUCH THE EXISTING 53% OF THE SHARES YOU OWN. WOW, HEY FRANK, CAN YOU GIVE US THE SPECIFIC SEC RULE THAT SAYS YOU CAN'T SELL YOUR STOCK OR DO ANYTHING ELSE WITH IT? LET ME TELL YOU, YOU CAN'T. YOU CAN SELL THAT STOCK IF YOU WISH JUST BY GIVING NOTICE TO THE SEC.

OH ADD TO BOOT, YOU HAVE DEPOSIT MONEY FROM ADVERTISERS THAT YOU CAN'T NAME I GUESS FOR THE SAME CONFIDENTIAL REASONS YOU CAN'T DISCLOSE CABLE CARRIERS. TOP SECRET... ALL THOSE ADVERTISERS FOR SOME PAY CHANNEL LIKE THE SAME COMMERCIALS I SEE ON HBO AND CINEMAX. THEY ARE JUST ALL LINEING UP FOR THOSE FIRST YEAR SPECIAL INCENTIVES AND WAITING FOR Q TO LAUNCH NATIONWIDE.

HUM, NOW YOUR TELLING US 40,000 SUBS FROM RCN USING THE 10% RULE. WELL THAT'S STRANGE CONSIDERING YOU TOLD US THAT THE GAY POPULATION IS 4% BUT CAN WE EVEN COUNT ON THAT CONSIDERING THE ADVERTISING CAMPAIGN THAT YOU SAID WOULD START JUNE 21 NEVER HAPPENED. EVEN AT 1% OF THE 4% OF THE GAY POPULATION WITH 400,000 RCN SUBS WOULD BE 4,000 SUBS BUT YOU MANAGE TO TWIST ALL THAT AND QUOTE 40,000 WHICH IS 10%.

NOW TRYING TO JUSTIFY QBID WITH BET AND TELLING US BET NEVER MADE A PROFIT AND SOLD FOR BILLIONS OF DOLLARS.

YOU KNOW WHAT FRANKIE FRAUD, YOU JUST TAKE WHAT-EVER APPLIES AND TWIST IT TO FIT YOUR PROFILE.

HERE ARE FACTS FRANKIE FRAUD:

YOU GOT NO "DEPOSITS" ON ADVERTISING. JUST CURIOUS THOUGH, ARE THESE THE SAME ADVERTISERS HBO AND CINEMAX AND SHOWTIME USE? THEY ARE ALL PAY CHANNELS ALSO SO I FIGURED YOU'LD JUST GO WITH WHAT WORKS ATTITUDE. OH LET ME GUESS, YOU CAN'T REVEAL THE ADVERTISERS YOU GOT CAUSE OF THE "SECRET" CONTRACTS LIKE WITH ALL THOSE OTHER CARRIERS'S YOU GOT; RIGHT?

THEN YOU TRY TO EXPLAIN TO SHAREHOLDERS TO QUIT CALLING WHO-EVER AND IT CAUSES PEOPLE TO NOT RUN ARTICLES ON Q IN MAGAZINES. OH YEA FRANK, TRY AND TURN YOUR STUPID LIES AROUND ON SHAREHOLDERS.

IMAGINE THAT, THE WALL STREET JOURNAL WONT RUN A ARTICLE ABOUT THE NATIONS FIRST GAY TV STATION CAUSE A FEW SHAREHOLDERS CALLED AND ASKED A FEW QUESTIONS.

HEY FRANKIE FRAUD, I GOT SOME NEWS FOR YA, QUIT LIEING AND BEING A FRAUD AND YOUR SHAREHOLDERS WONT HAVE TO CALL AROUND TO VERIFY ANYTHING YOU DO.

HERE'S A QUESTION TO PONDER FRANKIE FRAUD.... SINCE THE PATRONS REALLY HAVE NOT A CLUE AS TO WHO YOUR TALKING TO SINCE IT'S ALL SECRET AND NOTHING IS RELEASED VIA PR, THEN HOW DO THE PATRONS KNOW WHO TO CALL ABOUT ISSUES REGARDING QBID AND ARTICLES WHICH ACCORDING TO YOU IS CAUSING WAVES?

WELL FRANKIE FRAUD, SINCE THIS ISN'T THE CASE THE OBVIOUS CONCLUSION IS THAT YOUR SCREWING THINGS UP AND INSTEAD OF TAKING THE BLAME, LET'S TURN IT AROUND ON THE SHAREHOLDERS.

OK FRANKIE FRAUD, THANKS' FOR CLAIFIYING ALL THE ISSUES AND ASSURING US ALL THAT "Q IS ON THE MOVE."

86-BOTTLES OF BEER ON THE WALL <BURP>

posted November 01, 2004 01:14            

In so much as you want everyone to believe Frank lied I guess it would work out a little better for you if RCN didn't have QBID listed on channel 255 on both East & West coasts. Probably didn't help your cause with CNBC talking about QBID either.

You were right about one thing though,,,

March 2006 we'll more than likely break through resistance at $3.98,,,

Me? I'm still accumulating because we all know,,,

"All we ever had to do is launch!"

posted November 01, 2004 01:25            

quote:

---

Originally posted by 1BigTip:
*****REASONS TO INVEST IN QBID*****

• We have TIME WARNER contract!!

• We have NTI contract!! (they upload SCI-FI, etc..)

• We have RCN contract!!

• We Acquired Film Package from Warner Bros.!

• We have Steven Grunberg (New World, Orion Pictures, Trans World, Epic, and Columbia Tri-Star International)

• We're appearing in various news sources.

• We now have an agreement with Firestone Communications.

• We Hired Rubenstein Associates

• We signed a contract with Zephyr Media Group as an advertising sales partner

• Next we have Major advertisers

• Next we have exposure from national/world media.

• Next we have subscriber revenue stream!!!

• Next we have share buyback!!(already have plans for it)

• Shares are extremely cheap.

• It's the perfect time for a Good G&L Network. (Look around you)

---

This still make good sense to me!

posted November 01, 2004 02:05            

Lets see here. 55% of market. Lets use 55% of US population because I think it will compair fairly close. Actually possibly higher because rural areas are in the big no market area but still.
55% of US population (281,421,906 from 2000 censis) = 154,782,048

10% population target (leaving out 3% that have experimented) = 15,478,205

So 15.5 milllion target audience

From Gay/lesbian website: avg. income of GLBT community is $60,000.00 a year. Thats 930 Billion income. Now thats not disposable income mind you, its actually gross income. but using 55% of previous given disposable income its 330 Billion Disposable. I would settle for one percent of that or 3 Billion advertising dollars.

15.5 million target. If we get 1/2 to sign up in 5 years, that thats 7.75 million. And using $4 as our part of subscription fees.

7.75 million X $4.00 X 12 months= 372 million a year

Thats just subscription fees using conservative numbers.

So final summation:

370 Million a year from Subs
3 Billion a year from Advertising

All a guess but this puts us close to that 5 Billion company Frank talks about. Market Cap always a little more then revenue.

----------------------------------------
Here a way to change share structure to make us to $1.00 using above Revenue.

Move shares:

Franks Shares to prefered A stocks with voting rights that we give him a majority vote, which as I see he wants. example 20 million QBID A with 500/1 voting rights.

Rene gets prefered B shares say 10 million QBID B with say 50/1 voting rights.

Other officers Prefered C shares with 1 for 1 voting rights.

Institution shares to either prefered D with no voting rights or convertible warrants.

Continue buybacks on float, which now becomes O/S because the restricted shares are moved out of common. 15 million dollar will buy us 5 Billion shares right now leaving us around 4 billion O/S using my model.

Now we can work on that dollar and getting off pinks.

Maybe a dream but thats what you invest in pennys for.

Ric

posted November 01, 2004 07:27            

Wed, Feb 02, 2004
• "TTN Ready to Commence Broadcasting!"

Wed, Feb 19, 2004
• Frank Olsen officially underscores ten-year contract with Time-Warner Cable

Wed, Feb 25, 2004
• Triangle Begins Production of New Documentary

Thu, Mar 4, 2004
• Grunberg Returns to Triangle Television

Mon, Mar 15, 2004
• Olsen and Lamont to Broadcast Gay Network

Thu, Apr 1, 2004
• Triangle to Have Major Presence At NCTA Convention

Fri, Apr 16, 2004
• Triangle Television Announces Name Change to Q Television Network

Mon, May 10, 2004
• Q Television Network a Smash Hit at NCTA Convention

Tue, May 11, 2004
• Q Television Network Confirms Soft Launch

Wed, May 12, 2004
• Q Television Network Announces Details of Test Broadcast

Fri, May 14, 2004
• Q Television Network Announces Additional Details of Five-Hour Sneak Preview Broadcast Scheduled for Saturday May 15th

Tue, May 18, 2004
• Q Television Network announced today the successful completion of its five-hour test broadcast on Saturday, May 15th

May 26, 2004
• Industry soft launch for carriers and advertisers begins June 1, 2004 on Intelsat America's 7, 129 degrees West, Channel 1

May 28, 2004
• Number of Market Makers on QBID jumps to 34!

June 03, 2004
• Q Television received considerable response from potential carriers and advertisers seeking more information regarding the network
Network executives will travel to New York City June 6 - 11 to meet with private equity funds, hedge funds and securities dealers.

June 15, 2004
• Q Television has hired Advertising Executive Scott Seger

June 29, 2004
• Cable Industry Executive Joins Q Television Network. Michael Markovsky to Lead Carriage Contract Negotiations

July 21, 2004
• Q Television and RCN Corporation Announce Distribution Agreement

Agust 18, 2004
• Q Television appears in Deserts Sun Newspapers with a full page ad.

August 31, 2004
• Q Television Network Acquires Film Package from Warner Bros. Domestic Cable Distribution

September 8, 2004
• Q Television Network launches! In San Francisco on Channel 255.

September 15, 2004
• Q Television Network Moves its Satellite Signal; Network Announces an Agreement with Firestone Communications.

September 16, 2004
• Q TELEVISION NETWORK PURCHASES STUDIO; Announces It Has Acquired Exclusive Rights to the International Gay and Lesbian Aquatics Championship.

September 17, 2004
• Q Television Network Announces an Agreement with Firestone Communications (FCI) to Produce Live Programming.

September 20, 2004
• Q Television Network Hires Rubenstein Associates

September 23, 2004
• Q Television Network announced the first round of buy-backs for QBID common stock within the next six weeks.

September 24, 2004
• Q Television Network Announces Signal Move Successful; QTN is Broadcasting Again

September 30, 2004
• Q Television network announces a multi-million dollar cash and barter deal with Chicago organizers of "Gay Games VII" for television and radio broadcast rights.

October 13, 2004
• Q Television Network Announces Partnership with Zephyr Media Group. Partnership Will Allow Q Television to Generate Revenues from Infomercials.

October 18&20, 2004
• Q Television Network Announces Live Signal Up in New York City & Boston, Massachusetts.

posted November 01, 2004 07:33            

Edited.

Danielle: Advertisers, do we have any?...

Frank Olsen: I’m going to give you Renee for the rest of it and we do have advertisers ______

Frank Olsen: the gay people get the information because sponsors such as American Express, Coldwell Banker, and the ____ Merrill Lynch have been advertising in the gay newspapers for years and they’re so privileged to be coming to a network that doesn’t have other advertising that they don’t want to be next to, on the network.

"privleged to be coming to a network." Our network. Thank You very much.

posted November 01, 2004 08:19            

JUST CAUGHT UP ON THE CONVERSATION FOR THE WEEKEND ON ALLSTOCKS. THANKS FOR ALL OPINIONS.

I AM GLAD I OWN QBID.

posted November 01, 2004 09:16            

On my sugar high this morning...we all went Trick or treating last night and I've already raided the boys' pumpkins full of candy...yum.yum.

Anyway, King Crimson, I really enjoyed reading your posts from this weekend. I especially identified with your last post. Thanks for keeping it all in perspective.

Hope your family and your kitties are doing well.

posted November 01, 2004 09:18            

I was just about to ask Diana the same thing...LOL

posted November 01, 2004 09:19            

Hoping so. Good luck!

posted November 01, 2004 09:30            

quote:

---

Originally posted by sunny:
Hey there MW!!!!

I was just about to ask Diana the same thing...LOL

Hey Diana, watching anything exciting this morning?

---

MBAH--EGRF--CDED