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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » QBID XV (Page 34)

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Author Topic: QBID XV
realityinc21
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quote:
Originally posted by penguinking:
Hey Allstocks how are you today..

My guess the reason the stock is going down is due to the reference of daytraders in their phone message... or it could just be alot of people hate this new guy and think that he might be helping q. scam us.

Im not bashing just putting in mm opinion.
Im sending in a small group of my bravest penguins to investigate this matter.


WE ARE TURNING AROUND NOW. HOPEFULLY WE REACHED THE BOTTOM. GET THOSE FREAKING PENQUIN'S BUSY.

I WOULD BUY MORE--BUT WAS NOT REAL SMART AND HELD ON--THINKING RUN WAS INEVITABLE. THERE I GO THINGING. I HAVE WAY TO MUCH IN A PENNY STOCK AS IT IS. JUST HAVE TO HANG ON. SOMETIMES EASIER SAID THAN DONE!!

GREAT TIME TO BUY. MONEY TO BE MADE. I THINK THERE IS PANIC--BUT I THINK THERE IS MM'S ON THE MOVE ALSO.

GOOD LUCK TO US ALL.

------------------
DIANA


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futuresobjective
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quote:
Originally posted by gorforit72545:
There have been no changes. Everything is on track. This is exactly what the martket makers love to see. It won't go below .008 as a matter of fact it is already starting to go back up. You know what's happening here. Quite acting dumb it doesn't suit you.
It will be back over a penny before the end of the day.

Bob

Bo


lol, not acting dumb just saying it how I see it. fact is that this company does not look good for a serious gain. I really do hope you all make a killing. I am very serious about that. I just dont see it happening. However if I am wrong, which for your sakes I hope I am, I will be happy for you. Sincerely. However if you look at this all from a different persective (I used to look at it positivley) you might see that there are no real reasons to put money into this stock. I just see a thousand better companies out there that will and should outpreform this one... particularly ones that do what they say they will and put out pr's properly informing the investor(s). This does not seem to happen with the q. At this point the qbaby is severly undernurished and looks to be turning blue. How can I put money into a company that releases pr's and leaves messages that they seem to not follow up on or follow through with? remember that O/S count? I never heard anything about it although promised? remember that list of carriers they were going to announce? I did not hear anything about it? did you? the list can go on and on. I am only trying to state that this does not look good from an investors point of view. It looks good if you want to support the gay comuunity, which I do. They have rights and deserve television, aimed at them. However I dont think I will support them with my money. my dollars have better places to be invested. GLTY and all!

all of this is just my opionon and from memory, if I am wrong please point it out. And as always I reserve the right to change my mind, although at this point I dont see it happening... GLTA

[This message has been edited by futuresobjective (edited June 30, 2004).]


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elchingoncabron
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Well guess it's time for the traders to dump and for the investors to go bargain shopping!

Really hurts watching it drop but if you believe in the company you know that in the future we will all see even bigger gains....do as Diana said and step away....unless you're like me loading up!

MM's are grinning today the *******s....if a PR is released and with the chart indicators obviousely revealing excellant buy in opportunities.

Best of luck to those left holding...


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futuresobjective
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quote:
Originally posted by penny-trader:
WOOOOOHOOOOOOOO i Quadrupled my position

ROFLMAO, I just doubled my position of 1 share. thank goodness for free trades.


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BT
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Diana, I will post this again for you. The newest advertiser had been keeping in touch with me after I asked about QTelevision. Here are their responses:
*******

From: store@amazonherb.net
To: qbiddollar@yahoo.com
CC:
Subject: Re: Contact:
Date: Mon, 28 Jun 2004 11:03:11 -0600

Dear _____

I've been working with Q Television's Webmaster for a couple of weeks on the banner add which you checked out this morning. Today was the first day it was posted and we are aware the link is not funtioning properly. We are working on the glitch now and it should be working correctly as you read this. Should you wish to go back to the site, even thou it displays the message, site not found, if you click on one of the tabs above you will enter the Amazon Herb site. Amazon Herbs has all information you wish I think on the site as per time in bussiness, research, history of the company, etc. Should you have any other question not answered their feel free to write me and inquire and I will endevor to answer.

I am an affillate of Amazon Herbs, not the company itself. I use and market their product, but am not involved in the research or production end of the company.

As far as Q television, I have not inquired of them their plans for revising their website. I would assume they will, but as it is a start up bussiness best I can tell, I would expect that to evlove with their evolution. I selected an advertisement on Q television's web site for the product as I feel the market addressed by Q television to enjoy the product. It is a 'natural health product' which also benefits our planet's enviorment as part of the companies goal is to purchase areas of the rainforest and cultivate the herbs without destroying the forests, which are so important to the general health of our planet's enviorment.

Thank you for your interest and , again, feel free to write me with any questions you may have. If you would, please acknowledge receipt of this email, to verify this portion of the set up is working correctly.

Sincerely,

Miles Colcock

From: store@amazonherb.net
To: <qbiddollar@yahoo.com>
CC:
Subject: Re: Re: Contact:
Date: Mon, 28 Jun 2004 13:58:20 -0600


Hello

I am an archtitect by profession. One on my sidelines is the stock market and I ran across Q television in my ever ending seach for stocks. One type of company I look for is one such as Qtv which I percieve could have a niche and good market and could increase in price. Although I consider Qtv highly speculative, could go bust for all I know, but it could also be reaching a heretofore untapped market. I purchased it .0033 cent a few months ago and here is at 12 cents or so today. Its what I call a yo bet 'if you've ver played dice' 15 to 1 odds, so make a small bet on i, one that won't hurt if you loose it 100%.

The idea to place Amazon Herbs on the Qbid website was simply the result of my thinking Qtv's audience contains a large majority of people who are interested in their health, well being and open minded to non western health formulas, etc.

I have not had a great deal of success contacting anyone with qbid ,thou I have not tried very hard, other than their webmaster whom I don't think is a qbid employee, rather, a web designer and maintains their page. That is my assumption. I have heard others have the same luck when trying to reach the 'higher ups' at Q tv. It appears to me it is a very small company, prehaps too undermanned to field many calls. I don't really know.

Your address puzzles me. Are you somehow connected with Qbid?

Again let me know if I can help you in any other way.

Miles Colcock

quote:
Originally posted by realityinc21:
COULD SOMEONE CONTACT THEM AND SEE WHAT THEY HAVE TO SAY AND WHY THEY ARE ADVERTISING WITH QBID?


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pharmdman
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quote:
Originally posted by WinsumLosesum:
...But have we confirmed the OUTCOME of any of these lawsuits?

We do now and it isn't good.... here's the link:

http://www.multichannel.com/index.asp?layout=article&articleid=CA63810&display=Top

Article starts here:
************************
Fourteen Indicted in Kids' TV Scheme

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

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.

According to indictments unsealed last week by Colorado Attorney General Ken Salazar, the defendants and their Colorado corporation, Capital Funding and Financial Group, participated in an illegal investment "scheme" between 1995 and 1999.

Network affiliates raked in an estimated $47 million from investors in the United States, Canada, Holland, Portugal, Germany, Spain, the U.S. Virgin Islands and South Korea, according to the attorney general's office.

This is only the latest suit against the venture or its affiliates. To date, 21 states have filed suits related to the investment venture, known as either KidZtime or the Children's Cable Network, according to Colorado officials. Class-action lawsuits were also filed, including complaints in California and Colorado.

The Colorado case may also result in a change in that state's laws. Legislators are angry that it took Colorado a longer amount of time to shut the venture down than other jurisdictions.

Colorado officials began investigating KidZtime in 1996, but were unable to seek prosecutions because the state does not have what's called a cease-and-desist law. The KidZtime case prompted Colorado lawmakers to introduce a bill revising state securities law.

The Children's Cable Network concept-later renamed KidZtime-was first floated by telemarketers in 1995.

Previous legal actions, including a suit filed in U.S. District Court for the Central District of California by the Federal Trade Commission, named longtime cable executive Michael Marcovsky as the architect of the venture designed to locally distribute wholesome, non-violent programming for children.

KidZtime purported to hold the rights to children's programming that featured marquee performers such as Shari Lewis and Bill Cosby, according to marketing materials provided to investors.

According to the marketing pitch used by both KidZtime and Children's Cable Network affiliates, media markets would be divided into 50 units and sold to investors for $10,000 each.

Of the $500,000 collected per market, plaintiffs allege, the CCN or KidZtime corporation retained all but $75,000. That amount was to be paid to a local management company.

The ventures were intended to put kid-friendly programming on local access channels and sell advertising time-the intended means for earning profits. But some investors said their markets never received tapes, and others said they were sent tapes of poor quality.

In lawsuits, investors alleged that an ad-sales mechanism was never put in place. Investors also claimed the funds collected were used only to attract more investors.

The latest indictments are against the KidZtime Colorado corporation, which had offices in Denver, Lakewood and Columbus, Ohio. Named in the suit are officers of Capital Funding and Financial Group, KidZtime TV Inc., KidZtime TV Management Group and the owners and managers of several independent sales offices.

Capital Funding and Financial Group split from the founding Children's Cable Network in April 1996, according to press reports. The two entities sued each other over business differences.

The Colorado indictment includes charges of securities fraud, theft, racketeering and computer crime. All 84 counts are class 2 to class 6 felonies under state law.

The investigation was jointly conducted by the Colorado Attorney General's Office, the state Securities Commissioner's Office and the U.S. Securities and Exchange Commission. The attorney general's office will try the case.

FTC SETTLED EARLIER

Other states ordered KidZtime to refund investors' money, said SEC Colorado office spokesman John Smith, but he didn't know how much actually made it back into investors' hands.

The Marcovsky-linked Children's Cable Network corporation was targeted by "Operation Risky Business," a Federal Trade Commission anti-investment fraud initiative, in 1998. The FTC filed the California lawsuit, shutting down what was left of that incorporated unit.

The FTC claimed the CCN unit had raised $16.5 million. In the months prior to that suit, CCN executives allegedly notified investors that revenues had dwindled to about $650,000.

Executives added that they intended to invest that remaining money in a later Marcovsky venture, My Pet TV, according to the FTC. The latter concept was peddled at the 1997 cable trade shows.

The FTC obtained a restraining order in that action. The court froze the assets of CCN and appointed a receiver.

Federal Trade Commission spokesman Mitch Katz said his agency reached a stipulated agreement Marcovsky in May 1999. Marcovsky and another CCN executive were personally ordered to hand over a total of $304,000 to the federal agency.

Marcovsky also agreed to a $200,000 performance bond requirement. Should the former cable executive attempt to begin any business "generally related" to CCN or My Pet TV, he will be subject to "significant" civil penalties and loss of the bond amount.

The corporation was ordered to refund $600,000, an order that was suspended by the court "because of the venture's financial situation," Katz said.


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Degs
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well I hope alot of people didn't get scared and jump out. I'm still holding and things do look to be turning around now.
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Bialystock
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I just added 120000 shares and will add more if it drops again. IMO traders are making it out to be easier than it is to launch a network from the ground up. I have some small TV experience in my past and work in the entertainment industry currently, and for my money they are doing and informing us better than I expect from this industry, where huge deals turn on a dime. I'm in long. If I were Frank I'd have given us a lot less rope (info) to hang ourselves with as traders. My hat's off to the Q for giving a darn about investors at this early stage AT ALL. This is my opinion only. Good Luck to all.
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gorforit72545
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quote:
Originally posted by pharmdman:
We do now and it isn't good.... here's the link:

http://www.multichannel.com/index.asp?layout=article&articleid=CA63810&display=Top

Article starts here:
************************
Fourteen Indicted in Kids' TV Scheme

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

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.

According to indictments unsealed last week by Colorado Attorney General Ken Salazar, the defendants and their Colorado corporation, Capital Funding and Financial Group, participated in an illegal investment "scheme" between 1995 and 1999.

Network affiliates raked in an estimated $47 million from investors in the United States, Canada, Holland, Portugal, Germany, Spain, the U.S. Virgin Islands and South Korea, according to the attorney general's office.

This is only the latest suit against the venture or its affiliates. To date, 21 states have filed suits related to the investment venture, known as either KidZtime or the Children's Cable Network, according to Colorado officials. Class-action lawsuits were also filed, including complaints in California and Colorado.

The Colorado case may also result in a change in that state's laws. Legislators are angry that it took Colorado a longer amount of time to shut the venture down than other jurisdictions.

Colorado officials began investigating KidZtime in 1996, but were unable to seek prosecutions because the state does not have what's called a cease-and-desist law. The KidZtime case prompted Colorado lawmakers to introduce a bill revising state securities law.

The Children's Cable Network concept-later renamed KidZtime-was first floated by telemarketers in 1995.

Previous legal actions, including a suit filed in U.S. District Court for the Central District of California by the Federal Trade Commission, named longtime cable executive Michael Marcovsky as the architect of the venture designed to locally distribute wholesome, non-violent programming for children.

KidZtime purported to hold the rights to children's programming that featured marquee performers such as Shari Lewis and Bill Cosby, according to marketing materials provided to investors.

According to the marketing pitch used by both KidZtime and Children's Cable Network affiliates, media markets would be divided into 50 units and sold to investors for $10,000 each.

Of the $500,000 collected per market, plaintiffs allege, the CCN or KidZtime corporation retained all but $75,000. That amount was to be paid to a local management company.

The ventures were intended to put kid-friendly programming on local access channels and sell advertising time-the intended means for earning profits. But some investors said their markets never received tapes, and others said they were sent tapes of poor quality.

In lawsuits, investors alleged that an ad-sales mechanism was never put in place. Investors also claimed the funds collected were used only to attract more investors.

The latest indictments are against the KidZtime Colorado corporation, which had offices in Denver, Lakewood and Columbus, Ohio. Named in the suit are officers of Capital Funding and Financial Group, KidZtime TV Inc., KidZtime TV Management Group and the owners and managers of several independent sales offices.

Capital Funding and Financial Group split from the founding Children's Cable Network in April 1996, according to press reports. The two entities sued each other over business differences.

The Colorado indictment includes charges of securities fraud, theft, racketeering and computer crime. All 84 counts are class 2 to class 6 felonies under state law.

The investigation was jointly conducted by the Colorado Attorney General's Office, the state Securities Commissioner's Office and the U.S. Securities and Exchange Commission. The attorney general's office will try the case.

FTC SETTLED EARLIER

Other states ordered KidZtime to refund investors' money, said SEC Colorado office spokesman John Smith, but he didn't know how much actually made it back into investors' hands.

The Marcovsky-linked Children's Cable Network corporation was targeted by "Operation Risky Business," a Federal Trade Commission anti-investment fraud initiative, in 1998. The FTC filed the California lawsuit, shutting down what was left of that incorporated unit.

The FTC claimed the CCN unit had raised $16.5 million. In the months prior to that suit, CCN executives allegedly notified investors that revenues had dwindled to about $650,000.

Executives added that they intended to invest that remaining money in a later Marcovsky venture, My Pet TV, according to the FTC. The latter concept was peddled at the 1997 cable trade shows.

The FTC obtained a restraining order in that action. The court froze the assets of CCN and appointed a receiver.

Federal Trade Commission spokesman Mitch Katz said his agency reached a stipulated agreement Marcovsky in May 1999. Marcovsky and another CCN executive were personally ordered to hand over a total of $304,000 to the federal agency.

Marcovsky also agreed to a $200,000 performance bond requirement. Should the former cable executive attempt to begin any business "generally related" to CCN or My Pet TV, he will be subject to "significant" civil penalties and loss of the bond amount.

The corporation was ordered to refund $600,000, an order that was suspended by the court "because of the venture's financial situation," Katz said.


It sounds like this guy they hired is in some kind of trouble. Does that mean QBID is going down the same road. I think not. If what you are saying they will be forced to deal with the man's issues. Until I hear something about this straight from Deveny or QBID it is all merely speculation. Again what does his past have to do with drawing up agreements with the carrier's. If the carriers have problems with negotiating with this guy he will be out in a flash. Let's wait and see guys and gals. Fun isn't this. This is better than a soap opera.

Bob


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$$$qbid$$$
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.0091
Wow got to love this ride

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Smctbone
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GREAT NEWS EVERYONE!!...volume is UP!
lol

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$$$qbid$$$
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Marcovsky is da man
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pharmdman
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quote:
Originally posted by gorforit72545:
It sounds like this guy they hired is in some kind of trouble. Does that mean QBID is going down the same road. I think not. If what you are saying they will be forced to deal with the man's issues. Until I hear something about this straight from Deveny or QBID it is all merely speculation. Again what does his past have to do with drawing up agreements with the carrier's. If the carriers have problems with negotiating with this guy he will be out in a flash. Let's wait and see guys and gals. Fun isn't this. This is better than a soap opera.

Bob



I agree with you, except for the speculation thing. This isn't speculation, it's a fact that he was indicted. It's certainly something that's been in play for the last two days and probably a few more to come.

It seems as though he's kept his nose clean since then, and he seems to have the credentials and the contacts to do the job. However, this is bound to have a negative effect... at least until some positive, detail-laden PRs are released. And I mean filled with carriers, advertisers, and a hard-launch date.

Regardless, I'm in for the long haul.


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realperson
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Marcovsky sounds like a great money maker
even peddaled is scheme to the cable networks trade show.
Makes you really wonder why poor Ol Martha Stewart got nailed
Great DD

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Bialystock
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As someone said, it doesn't appear that the new consultant has the keys to the kingdom. As a consultant he shouldn't have access to cashflow. He should only have access to Frank's ear. For that, I want a guy whose gotten his hands dirty in the industry. Whether he's a crook or not I have not seen those court decisions, but apparently he's still walking around free. I can understand why that's not good enough for some, but for me it'll do for now. Poor honest people are a dime a dozen. Rich rats abound. I want $ advice from a rich rat. However,
Voluntary Disclaimer: I'm originally from New Jersey, lol!

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anonymous_lurker
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I tried badly to add in this dip but had no luck.
Anyone bought at the dip???

If so, congratulations for small quick profit. Huge bucks to come soon!!!


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futuresobjective
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quote:
Originally posted by Bialystock:
As someone said, it doesn't appear that the new consultant has the keys to the kingdom. As a consultant he shouldn't have access to cashflow. He should only have access to Frank's ear. For that, I want a guy whose gotten his hands dirty in the industry. Whether he's a crook or not I have not seen those court decisions, but apparently he's still walking around free. I can understand why that's not good enough for some, but for me it'll do for now. Poor honest people are a dime a dozen. Rich rats abound. I want $ advice from a rich rat. However,
Voluntary Disclaimer: I'm originally from New Jersey, lol!

is that why you smell so bad I could smell it over my computer?
J/K


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$$$qbid$$$
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IF IT WASN'T FOR QTELEVISION ALLSTOCKS.COM WOULDN'T BE WHERE ITS AT AND I THINK THE NEW ADVERTISER SHOULD ALSO BE ALLSTOCKS FOR QTV ISN;T THIS GREAT THANKS BOB FREY YOU KEPT THIS AS NORMAL AS YOU COULD. I THINK BOB FREY NEEDS A ROUND OF APPLAUSE ,THANKS FOR EVERYTHING BOB YOUR GREAT


quote:
Originally posted by Allstocks:
Stocks and the companies they represent please...


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jonv
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Probably the best thing that they could do is when/if a carrier is to be announced thru a press article, they should give the new guy the credit for closing it. This way, he gets credibility and QBID gets the validation they need.
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thinkmoney
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Hmm..NO pr until after 7/04. What about the 7/01 launch?
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gorforit72545
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quote:
Originally posted by futuresobjective:
is that why you smell so bad I could smell it over my computer?
J/K


what a rotten thing to say. You oughta be ashamed of yourself. I have middle school kids who show more respect for other people than what you have just shown. I think you owe him an apology.

Bob


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futuresobjective
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quote:
Originally posted by $$$qbid$$$:
IF IT WASN'T FOR QTELEVISION ALLSTOCKS.COM WOULDN'T BE WHERE ITS AT AND I THINK THE NEW ADVERTISER SHOULD ALSO BE ALLSTOCKS FOR QTV ISN;T THIS GREAT THANKS BOB FREY YOU KEPT THIS AS NORMAL AS YOU COULD. I THINK BOB FREY NEEDS A ROUND OF APPLAUSE ,THANKS FOR EVERYTHING BOB YOUR GREAT



wow, that is a very ignorant statement. Did you think of this while on the bowl? if anythhing it has helped to bring this board down. Do you need a tissue to wipe the brown off your nose? I hold this board high when compared to others, however there are many people on here who post worthless info. If anyone thinks of me as one of those I am sorry, however I do know there are many that post such wastes of space. I also think that there are several people on the qbid board (regular posters) that continually amaze me with the amount of worthless info and DD that should not be considered dd. I am also amazed that people took the time to email all those carriers thta someone posted. Just amazing. Boards like this are great for opinions, DD and the occaisional disagreemtn. But they should not be used for pumpes and bahsers... they are the unfortunate evil. I am neither because I am not in this stock, nor do I have any intention in getting into it. but GLTA


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Penny-Trader
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So lets get this straight. they should lie to get the trust of the shareholder back?

sounds like a sound marketing tactic to me.

I want Frank to lie to us more.


quote:
Originally posted by jonv:
Probably the best thing that they could do is when/if a carrier is to be announced thru a press article, they should give the new guy the credit for closing it. This way, he gets credibility and QBID gets the validation they need.


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realityinc21
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IMHO

THE MAN HAD ISSUES IN 1996-1999. BY READING THIS INFORMATION--I AM UNDERSTANDING THAT THIS ISSUE IS OVER. HE PAID HIS DEBTS. HE IS CLEARED. NO PENDING COURT ISSUES.

WE HAVE TO MOVE ON PAST THIS. OR SELL. AM I READING THIS CORRECTLY. PLEASE COMMENT.

THANKS

http://www.multichannel.com/index.asp?layout=article&articleid=CA63810&display=Top

Article starts here:
************************
Fourteen Indicted in Kids' TV Scheme

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

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.

According to indictments unsealed last week by Colorado Attorney General Ken Salazar, the defendants and their Colorado corporation, Capital Funding and Financial Group, participated in an illegal investment "scheme" between 1995 and 1999.

Network affiliates raked in an estimated $47 million from investors in the United States, Canada, Holland, Portugal, Germany, Spain, the U.S. Virgin Islands and South Korea, according to the attorney general's office.

This is only the latest suit against the venture or its affiliates. To date, 21 states have filed suits related to the investment venture, known as either KidZtime or the Children's Cable Network, according to Colorado officials. Class-action lawsuits were also filed, including complaints in California and Colorado.

The Colorado case may also result in a change in that state's laws. Legislators are angry that it took Colorado a longer amount of time to shut the venture down than other jurisdictions.

Colorado officials began investigating KidZtime in 1996, but were unable to seek prosecutions because the state does not have what's called a cease-and-desist law. The KidZtime case prompted Colorado lawmakers to introduce a bill revising state securities law.

The Children's Cable Network concept-later renamed KidZtime-was first floated by telemarketers in 1995.

Previous legal actions, including a suit filed in U.S. District Court for the Central District of California by the Federal Trade Commission, named longtime cable executive Michael Marcovsky as the architect of the venture designed to locally distribute wholesome, non-violent programming for children.

KidZtime purported to hold the rights to children's programming that featured marquee performers such as Shari Lewis and Bill Cosby, according to marketing materials provided to investors.

According to the marketing pitch used by both KidZtime and Children's Cable Network affiliates, media markets would be divided into 50 units and sold to investors for $10,000 each.

Of the $500,000 collected per market, plaintiffs allege, the CCN or KidZtime corporation retained all but $75,000. That amount was to be paid to a local management company.

The ventures were intended to put kid-friendly programming on local access channels and sell advertising time-the intended means for earning profits. But some investors said their markets never received tapes, and others said they were sent tapes of poor quality.

In lawsuits, investors alleged that an ad-sales mechanism was never put in place. Investors also claimed the funds collected were used only to attract more investors.

The latest indictments are against the KidZtime Colorado corporation, which had offices in Denver, Lakewood and Columbus, Ohio. Named in the suit are officers of Capital Funding and Financial Group, KidZtime TV Inc., KidZtime TV Management Group and the owners and managers of several independent sales offices.

Capital Funding and Financial Group split from the founding Children's Cable Network in April 1996, according to press reports. The two entities sued each other over business differences.

The Colorado indictment includes charges of securities fraud, theft, racketeering and computer crime. All 84 counts are class 2 to class 6 felonies under state law.

The investigation was jointly conducted by the Colorado Attorney General's Office, the state Securities Commissioner's Office and the U.S. Securities and Exchange Commission. The attorney general's office will try the case.

FTC SETTLED EARLIER

Other states ordered KidZtime to refund investors' money, said SEC Colorado office spokesman John Smith, but he didn't know how much actually made it back into investors' hands.

The Marcovsky-linked Children's Cable Network corporation was targeted by "Operation Risky Business," a Federal Trade Commission anti-investment fraud initiative, in 1998. The FTC filed the California lawsuit, shutting down what was left of that incorporated unit.

The FTC claimed the CCN unit had raised $16.5 million. In the months prior to that suit, CCN executives allegedly notified investors that revenues had dwindled to about $650,000.

Executives added that they intended to invest that remaining money in a later Marcovsky venture, My Pet TV, according to the FTC. The latter concept was peddled at the 1997 cable trade shows.

The FTC obtained a restraining order in that action. The court froze the assets of CCN and appointed a receiver.

Federal Trade Commission spokesman Mitch Katz said his agency reached a stipulated agreement Marcovsky in May 1999. Marcovsky and another CCN executive were personally ordered to hand over a total of $304,000 to the federal agency.

Marcovsky also agreed to a $200,000 performance bond requirement. Should the former cable executive attempt to begin any business "generally related" to CCN or My Pet TV, he will be subject to "significant" civil penalties and loss of the bond amount.

The corporation was ordered to refund $600,000, an order that was suspended by the court "because of the venture's financial situation," Katz said.

------------------
DIANA


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emunahstock
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sold at .01
Back in at .0085

I have finally joined the 1Million Share Holder group here! Plus I can pay some bills this month!

I heard a rumer that Direct TV is who they are signing with in California


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Penny-Trader
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yes maybe so but there is areason that these things stay on your criminal record for 7 years,

he has a shady past and this is only what he has gotten caught for. how much has he gotten away with and is still getting away with.

if he was a accused for something like child molestation, would you feel comfortable with him moving in next door to your day care?


not bashing,, just trying to keep it real.

quote:
Originally posted by realityinc21:
IMHO

THE MAN HAD ISSUES IN 1996-1999. BY READING THIS INFORMATION--I AM UNDERSTANDING THAT THIS ISSUE IS OVER. HE PAID HIS DEBTS. HE IS CLEARED. NO PENDING COURT ISSUES.

WE HAVE TO MOVE ON PAST THIS. OR SELL. AM I READING THIS CORRECTLY. PLEASE COMMENT.

THANKS

http://www.multichannel.com/index.asp?layout=article&articleid=CA63810&display=Top

Article starts here:
************************
Fourteen Indicted in Kids' TV Scheme

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

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.

According to indictments unsealed last week by Colorado Attorney General Ken Salazar, the defendants and their Colorado corporation, Capital Funding and Financial Group, participated in an illegal investment "scheme" between 1995 and 1999.

Network affiliates raked in an estimated $47 million from investors in the United States, Canada, Holland, Portugal, Germany, Spain, the U.S. Virgin Islands and South Korea, according to the attorney general's office.

This is only the latest suit against the venture or its affiliates. To date, 21 states have filed suits related to the investment venture, known as either KidZtime or the Children's Cable Network, according to Colorado officials. Class-action lawsuits were also filed, including complaints in California and Colorado.

The Colorado case may also result in a change in that state's laws. Legislators are angry that it took Colorado a longer amount of time to shut the venture down than other jurisdictions.

Colorado officials began investigating KidZtime in 1996, but were unable to seek prosecutions because the state does not have what's called a cease-and-desist law. The KidZtime case prompted Colorado lawmakers to introduce a bill revising state securities law.

The Children's Cable Network concept-later renamed KidZtime-was first floated by telemarketers in 1995.

Previous legal actions, including a suit filed in U.S. District Court for the Central District of California by the Federal Trade Commission, named longtime cable executive Michael Marcovsky as the architect of the venture designed to locally distribute wholesome, non-violent programming for children.

KidZtime purported to hold the rights to children's programming that featured marquee performers such as Shari Lewis and Bill Cosby, according to marketing materials provided to investors.

According to the marketing pitch used by both KidZtime and Children's Cable Network affiliates, media markets would be divided into 50 units and sold to investors for $10,000 each.

Of the $500,000 collected per market, plaintiffs allege, the CCN or KidZtime corporation retained all but $75,000. That amount was to be paid to a local management company.

The ventures were intended to put kid-friendly programming on local access channels and sell advertising time-the intended means for earning profits. But some investors said their markets never received tapes, and others said they were sent tapes of poor quality.

In lawsuits, investors alleged that an ad-sales mechanism was never put in place. Investors also claimed the funds collected were used only to attract more investors.

The latest indictments are against the KidZtime Colorado corporation, which had offices in Denver, Lakewood and Columbus, Ohio. Named in the suit are officers of Capital Funding and Financial Group, KidZtime TV Inc., KidZtime TV Management Group and the owners and managers of several independent sales offices.

Capital Funding and Financial Group split from the founding Children's Cable Network in April 1996, according to press reports. The two entities sued each other over business differences.

The Colorado indictment includes charges of securities fraud, theft, racketeering and computer crime. All 84 counts are class 2 to class 6 felonies under state law.

The investigation was jointly conducted by the Colorado Attorney General's Office, the state Securities Commissioner's Office and the U.S. Securities and Exchange Commission. The attorney general's office will try the case.

FTC SETTLED EARLIER

Other states ordered KidZtime to refund investors' money, said SEC Colorado office spokesman John Smith, but he didn't know how much actually made it back into investors' hands.

The Marcovsky-linked Children's Cable Network corporation was targeted by "Operation Risky Business," a Federal Trade Commission anti-investment fraud initiative, in 1998. The FTC filed the California lawsuit, shutting down what was left of that incorporated unit.

The FTC claimed the CCN unit had raised $16.5 million. In the months prior to that suit, CCN executives allegedly notified investors that revenues had dwindled to about $650,000.

Executives added that they intended to invest that remaining money in a later Marcovsky venture, My Pet TV, according to the FTC. The latter concept was peddled at the 1997 cable trade shows.

The FTC obtained a restraining order in that action. The court froze the assets of CCN and appointed a receiver.

Federal Trade Commission spokesman Mitch Katz said his agency reached a stipulated agreement Marcovsky in May 1999. Marcovsky and another CCN executive were personally ordered to hand over a total of $304,000 to the federal agency.

Marcovsky also agreed to a $200,000 performance bond requirement. Should the former cable executive attempt to begin any business "generally related" to CCN or My Pet TV, he will be subject to "significant" civil penalties and loss of the bond amount.

The corporation was ordered to refund $600,000, an order that was suspended by the court "because of the venture's financial situation," Katz said.



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jonv
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quote:
Originally posted by penny-trader:
So lets get this straight. they should lie to get the trust of the shareholder back?

sounds like a sound marketing tactic to me.

I want Frank to lie to us more.



Yeah, maybe that wouldn't make much sense.


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JBCak47
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EMN. Congrats on the millionaire club, lol.

Pharm, what a morning, see you said yesterday was a hoot?!?!? WHOA!!!

Lol...

I would suspect we have Direct TV since they are a client of Deveney...

-John


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$$$qbid$$$
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FUTURESO... YOU OBVIOUSLY YOU HAVE NO IDEA WHAT I WROTE.
IF YOUR NOT IN THIS STOCK THAN ITS APPERANT YOUR THE ONE THAT IS THE WASTE HERE.
DO I SEE .0096? BYE BYE

[QUOTE]Originally posted by futuresobjective:
[B] wow, that is a very ignorant statement.


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realityinc21
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quote:
Originally posted by $$$qbid$$$:
IF IT WASN'T FOR QTELEVISION ALLSTOCKS.COM WOULDN'T BE WHERE ITS AT AND I THINK THE NEW ADVERTISER SHOULD ALSO BE ALLSTOCKS FOR QTV ISN;T THIS GREAT THANKS BOB FREY YOU KEPT THIS AS NORMAL AS YOU COULD. I THINK BOB FREY NEEDS A ROUND OF APPLAUSE ,THANKS FOR EVERYTHING BOB YOUR GREAT



YOU ARE RIGHT--THANKS BOB--YOU GIVE US SOME SLACK--BUT YOU KNOW WHEN TO GET US BACK ON TRACK. THANKS TO BOB.

WELL THIS IS MY OPINION: THE ISSUE IS OVER--1996 TO 1999 WERE NOT GOOD. I KNOW THAT HIS PAST WILL FOLLOW HIM. WE WILL HAVE TO GET OVER IT OR SELL. HIS CREDENTIALS ARE EXCEPTIONAL. THERE IS NO PENDING COURT ISSUES AT THIS TIME. THAT IS WHAT I AM UNDERSTANDING. OTHER OPINIONS?? PLEASE WELCOME ALL OPINIONS...HE HAD PAID HIS FINES AND IS CLEARED. YES OR NO?

http://www.multichannel.com/index.asp?layout=article&articleid=CA63810&display=Top

Article starts here:
************************
Fourteen Indicted in Kids' TV Scheme

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

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.

According to indictments unsealed last week by Colorado Attorney General Ken Salazar, the defendants and their Colorado corporation, Capital Funding and Financial Group, participated in an illegal investment "scheme" between 1995 and 1999.

Network affiliates raked in an estimated $47 million from investors in the United States, Canada, Holland, Portugal, Germany, Spain, the U.S. Virgin Islands and South Korea, according to the attorney general's office.

This is only the latest suit against the venture or its affiliates. To date, 21 states have filed suits related to the investment venture, known as either KidZtime or the Children's Cable Network, according to Colorado officials. Class-action lawsuits were also filed, including complaints in California and Colorado.

The Colorado case may also result in a change in that state's laws. Legislators are angry that it took Colorado a longer amount of time to shut the venture down than other jurisdictions.

Colorado officials began investigating KidZtime in 1996, but were unable to seek prosecutions because the state does not have what's called a cease-and-desist law. The KidZtime case prompted Colorado lawmakers to introduce a bill revising state securities law.

The Children's Cable Network concept-later renamed KidZtime-was first floated by telemarketers in 1995.

Previous legal actions, including a suit filed in U.S. District Court for the Central District of California by the Federal Trade Commission, named longtime cable executive Michael Marcovsky as the architect of the venture designed to locally distribute wholesome, non-violent programming for children.

KidZtime purported to hold the rights to children's programming that featured marquee performers such as Shari Lewis and Bill Cosby, according to marketing materials provided to investors.

According to the marketing pitch used by both KidZtime and Children's Cable Network affiliates, media markets would be divided into 50 units and sold to investors for $10,000 each.

Of the $500,000 collected per market, plaintiffs allege, the CCN or KidZtime corporation retained all but $75,000. That amount was to be paid to a local management company.

The ventures were intended to put kid-friendly programming on local access channels and sell advertising time-the intended means for earning profits. But some investors said their markets never received tapes, and others said they were sent tapes of poor quality.

In lawsuits, investors alleged that an ad-sales mechanism was never put in place. Investors also claimed the funds collected were used only to attract more investors.

The latest indictments are against the KidZtime Colorado corporation, which had offices in Denver, Lakewood and Columbus, Ohio. Named in the suit are officers of Capital Funding and Financial Group, KidZtime TV Inc., KidZtime TV Management Group and the owners and managers of several independent sales offices.

Capital Funding and Financial Group split from the founding Children's Cable Network in April 1996, according to press reports. The two entities sued each other over business differences.

The Colorado indictment includes charges of securities fraud, theft, racketeering and computer crime. All 84 counts are class 2 to class 6 felonies under state law.

The investigation was jointly conducted by the Colorado Attorney General's Office, the state Securities Commissioner's Office and the U.S. Securities and Exchange Commission. The attorney general's office will try the case.

FTC SETTLED EARLIER

Other states ordered KidZtime to refund investors' money, said SEC Colorado office spokesman John Smith, but he didn't know how much actually made it back into investors' hands.

The Marcovsky-linked Children's Cable Network corporation was targeted by "Operation Risky Business," a Federal Trade Commission anti-investment fraud initiative, in 1998. The FTC filed the California lawsuit, shutting down what was left of that incorporated unit.

The FTC claimed the CCN unit had raised $16.5 million. In the months prior to that suit, CCN executives allegedly notified investors that revenues had dwindled to about $650,000.

Executives added that they intended to invest that remaining money in a later Marcovsky venture, My Pet TV, according to the FTC. The latter concept was peddled at the 1997 cable trade shows.

The FTC obtained a restraining order in that action. The court froze the assets of CCN and appointed a receiver.

Federal Trade Commission spokesman Mitch Katz said his agency reached a stipulated agreement Marcovsky in May 1999. Marcovsky and another CCN executive were personally ordered to hand over a total of $304,000 to the federal agency.

Marcovsky also agreed to a $200,000 performance bond requirement. Should the former cable executive attempt to begin any business "generally related" to CCN or My Pet TV, he will be subject to "significant" civil penalties and loss of the bond amount.

The corporation was ordered to refund $600,000, an order that was suspended by the court "because of the venture's financial situation," Katz said.

------------------
DIANA


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emunahstock
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Possition of the company hasn't changed. They are just buying a few more days. Big Deal! Welcome to the land of small businesses.
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gorforit72545
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quote:
Originally posted by penny-trader:
yes maybe so but there is areason that these things stay on your criminal record for 7 years,

he has a shady past and this is only what he has gotten caught for. how much has he gotten away with and is still getting away with.

if he was a accused for something like child molestation, would you feel comfortable with him moving in next door to your day care?


not bashing,, just trying to keep it real.


Another unforgiving soul. He has nothing to do with whether qbid making it or not making it. The public at large is supporing a Gay, Lesbian Bisexual tv station. We got over the biggest hurdle. Now we question a man's integrity and hold him up under the spot light without a smidgent of evidence that he is bad for this company. Come and get into the 21st century and quit judging. Those of You who have such high standards should be aware of this: someone said once long ago, he who is without fault cast the first stone.

I take it you have thrown many stones.

Bob


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Bialystock
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quote:
Originally posted by futuresobjective:
is that why you smell so bad I could smell it over my computer?
J/K


Well, even I try to stay off the Turnpike when i go home for a visit. Cheers.


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penguinking
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Frank lie to us more, hmmm reminds me of that joke with piniochio and the woman going lie to me lie to me
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OilMan
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Funny how this board thrives on all negative issues and no one has addressed the adds on cable in seattle on comcast. Other areas have been mentioned as well but no one follows up on these. I did and the ones in seattle are for real. Pick up the phone and call around when you see post on ads.
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