posted
have you all seen this it was posted in pinksheets
Frank Olsen of Triangle Multi-Media Limited, Inc. States: There is No Business or Economic Reason for the Current Share Value Decline.
PALM SPRINGS, Calif., Jul 12, 2004 (BUSINESS WIRE) -- Frank Olsen, CEO of Triangle Multi-Media Limited, Inc., (QBID OTC Pink sheets) responding to inquiries by shareholders, advised today that management of the Company knows of no valid business or economic reason for the recent decline in the per share price of the Company's common stock. Olsen went on to say, "All markets suffer from volatility, and this is especially true on the Pink Sheets. Our stock has had a long steady climb over the last six months with a number of peaks and valleys in between. As most of our investors are aware, Triangle management believes it has been a long-time target of short sellers, including large volumes of illegal naked short selling, which over the long haul has been a major contributor as a depressant on the price of our shares. However, also over this period, we have announced some of the most significant achievements in our history, and we believe these bear, to a great degree, in the growth of our share value.
"Naked Short Selling" is typical when a wholesale market maker sells shares in the public marketplace that are not held in their inventory, nor are the shares even borrowed from another market maker - and with no intention to obtain the shares or to ever cover the short position. Short sellers sell shares they do not own, but borrow them to protect the transaction and/or eventually cover, or buy in, their short positions. However, with the naked short selling tactics being made against stock, proper procedures are not occurring and thus have resulted in a greatly enlarged, and artificial, public 'float' which subsequently undervalues the quoted price of our stock. This practice is illegal and violates SEC and NASD rules, as well as other state and federal statutes."
"It was our expectation that our problems with the short sellers would be reduced, and eventually eliminated, when the SEC and NASD issued new rules and regulations to block illegal activities within short selling. It would appear, however, that as of yet these rules have not been effective, because the short abuses have not stopped. As a matter of fact, it appears in some respect they have only gotten worse. For the past two weeks market makers who appear to be most exposed by the short positions in Triangle stock have extended their illegal activities to selectively excluding the processing of large purchase orders for our stock. We are currently reviewing with legal counsel the steps we can take to deal with these latest activities."
Olsen commented, "This illegal activity is making it significantly more costly for Triangle to raise needed working capital, and has quite literally stolen millions of dollars from our market capitalization while the company has made numerous positive accomplishments. Accordingly, we have engaged forensic auditors, and outside legal counsel in Los Angeles familiar with the backroom workings of brokerage firms, to immediately investigate these short selling activities. In addition, we are tracking the trading activity in our stock, by day, by transaction, and by broker; and we are tracking the short positions by broker. Furthermore, a coalition of companies is considering other alternatives to aggressively combat this illegal activity."
Olsen concluded, "We have worked too hard to get our Company to where it is today to allow these illegal activities to interfere with funding opportunities and with the market capitalization of Triangle Multi-Media Limited, Inc., and to undermine the ability to enjoy fair market value for QBID stock."
Olsen continued, "By way of review, I would like to reiterate some of the major accomplishments that we have communicated to the financial community over the past two months. These include:
1. Our recent negotiations with major cable companies are in the final stages and we expect to make an announcement within a short time. We are acquiring programming at a fast pace and have opened up new avenues of programming acquisition.
2. Our sales and marketing efforts are reality. We have opened an office in New York City and now have sales representation in the major advertising center in the US. Advertiser sales have begun and response to date has been extremely encouraging.
3. Funding - Regarding additional funding, the Company has one firm offer and several pending offers. Senior management visited New York two weeks ago to explore several additional alternatives
About Q Television Network
This television network was organized to create and develop a network devoted to providing television programming for the gay and lesbian community. While the company expects much of its subscriber base to be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public. The company's programming will be available on a subscription basis to those desiring its programming. The network will broadcast 24 hours per day, 7 days per week. Providing distribution via satellite ensures availability of the network across the United States, including Alaska, Hawaii and Puerto Rico. Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the television network's ability to execute its business model and strategic plans; and the risks described from time to time in the company's Securities and Exchange Commission filings.
For more information regarding carriage and advertising opportunities, contact the network at 760-323-4455.
SOURCE: Triangle Multi-Media Limited, Inc.
CONTACT: Q Television Network, 760-323-4455
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Copyright (C) 2004 Business Wire. All rights reserved.
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KEYWORD: CALIFORNIA INDUSTRY KEYWORD: CONSUMER/HOUSEHOLD ADVERTISING/MARKETING BOND/STOCK RATINGS
Posts: 72 | From: waipahu, hi, usa | Registered: May 2004
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Q Television Network is going to be a gay and lesbian family channel.
303 N. Indian Canyon Boulevard 3rd Floor Palm Springs, California 92262 Phone: 760-323-4455 URL: http://www.Qtelevision.com
Network Executives Frank Olsen President & Chief Executive Officer Steven Grunberg Executive Vice President, Programming
Network Contact Steven Grunberg Executive Vice President, Programming
Satellite: IA7-CH1 Launch Date: September 2004 Hours Programmed: 24/Day Service Level: Premium Service Level: Ad-Supported Service Level: Digital Distribution Area: US
posted
5 Fundamental Steps To Successfully Launch A New Business
Building a successful business is hard work. Most of that work will be devoted to finding customers, which will be your toughest job. You need a detailed strategy to attract the number of paying customers required to meet your financial goals.
By trial and error over many years, I’ve developed a five step marketing strategy that enables me to launch a new product or service profitably every time. You can copy this system to launch your own new enterprise or to revive a floundering business.
Step 1 Identify Your Target Market
The first step in developing your strategy is to isolate the best target market for your product or service. Your sales efforts will be most effective if you focus on a group of prospects with common characteristics and similar problems. Start by defining on paper your ideal customer or client. List all the characteristics you expect to find in good customers or clients. Be sure to include characteristics that make your product or service valuable to them. Then, use this list to identify a target market. Define your target market in writing.
Step 2 Find Your Most Appealing Customer Benefit
Exactly what is the most compelling problem for prospects in your target market? Why is your product or service the best solution to their problem? Answering these two questions reveals the customer benefit(s) to stress in your sales approach.
Step 3 Develop A Motivating Offer
Develop two or three offers that motivate prospects to take buying action immediately. For example, can you use a special discounted price offer with a deadline? Are there bonuses you can add if prospects order or sign-up before the deadline? Can you combine both into a "special price plus bonus" offer?
Decide which offer on your list is the most powerful and use it in your sales material and/or presentation.
Important: A special offer providing obvious value always increases your volume of business. It’s a proven technique to overcome buyer resistance and procrastination. A special offer also provides a logical reason in the buyer’s mind to justify what may actually be an impulsive decision to buy now.
Step 4 Decide How To Publicize Your Business
How will you introduce yourself to prospects in this market? Will you use classified or display ads in print publications or on the Internet? Will you use direct mail? Is broadcast media, such as radio or TV, appropriate and cost-effective? What networking can you participate in locally or on the Internet to draw attention to your business? What other methods of promotion can you use? Prioritize each method on your list and develop an action plan with deadlines for implementing them.
Step 5 Establish A Plan To Promote Customer Loyalty
Decide what you will do to cultivate customers so they continue to do business with you and give you referrals. For example, write or call your customers or clients immediately after a transaction and thank them for their business. Ask them if they’re pleased with what they received. Most will express their satisfaction. That’s the ideal time for you to follow up with a request for referrals.
Don’t be afraid to uncover an unhappy customer. When you do, take what ever action you must to leave them feeling good about you, even if your only recourse is issuing a prompt refund. Most dissatisfied customers won’t take the trouble to contact you about their problem. They’ll just take their business elsewhere and tell other people about their negative experience with you. That will cost you a lot of future business.
It reduces risk by replacing guesswork with a proven strategy that gets results. You can follow this system to successfully launch a new enterprise or to revive an existing business that isn’t growing.
quote:Originally posted by qnique: INDUSTRY OVERVIEW
Industry Overview > Cable Program Networks
Q Television Network
Planned Services
Q Television Network is going to be a gay and lesbian family channel.
303 N. Indian Canyon Boulevard 3rd Floor Palm Springs, California 92262 Phone: 760-323-4455 URL: http://www.Qtelevision.com
Network Executives Frank Olsen President & Chief Executive Officer Steven Grunberg Executive Vice President, Programming
Network Contact Steven Grunberg Executive Vice President, Programming
Satellite: IA7-CH1 Launch Date: September 2004 Hours Programmed: 24/Day Service Level: Premium Service Level: Ad-Supported Service Level: Digital Distribution Area: US
Great research! Hope Whiz reads this soon. Thanks for sharing--more time to load up.
posted
JBcak, here is some real important info on cmkx, I don't own this stock(scottstrade full of sh*) but thought I would help you guys out, taking from another board.
I AM A INVESTOR IN QBID , BUT I GOT SOME INSIDER INFO NOT WITH THIS LINK, BUT CMKX WAS ON ESPN THIS WEEK NATIONAL TV SOMETHING BIG IS GOING DOWN MONDAY COULD BE THE LAST DAY TO GET DONT BUY BUT WATCH CAREFULLY 2 WEEKS 60 CENTS http://www.thegreenbaron.com/Latest%20Update.htm
quote:Originally posted by JBCak47: By George! He's got it!
posted
WOO HOO.....I'm baaacccckkkk!! I have been lurking for sooo long, I couldn't stand it anymore. Seems nothing can keep me off this site or thread!! Just wanted to say hi to everyone and let you all know we are still hanging long and strong. Miss you all!! Posts: 455 | Registered: Feb 2004
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posted
not to kill the buzz but that posted website about september has been out awhile now---but holding strong been here since feb 10 @.0006
Posts: 72 | From: waipahu, hi, usa | Registered: May 2004
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posted
Any business person knows, competition is sometimes better then you expect. It creates an awareness of your services/product and it helps people choose the better one. It also creates a wider market for it. People will only buy if they see it in more then 1 place.
Current Gay & Lesbian TV Channels/Networks:
Q Television - will be available 24/7, on a subscription basis throughout the contiguous United States, Alaska, Hawaii and Puerto Rico.
DIVINE HD - launched June 1 by Rainbow Media Holdings
HERE! TV - currently a major player in the pay-per-view and SVOD markets, will expand their services to offer 24/7
LOGO- the latest offering from corporate powerhouse Viacom. MTV Networks announced the channel itself won’t air until next February.
PRIDEVISION - Licensed in November, 2000, hit the airwaves in 2001. PrideVision TV steers away from movies to offer viewers news and current events programs focusing specifically on issues involving the gay community
Stock Opportunites:
VIA - $34.51 QBID - .0069
Which looks like a better oppoertunity for us? Lets help promote it!
[This message has been edited by 1BigTip (edited July 18, 2004).]
posted
Don't know if I posted this here yet but here it is again and WOW. For those of you who dont know about charts, do your research & trust me when I say WOW A good WOW. For those of us who do know about charts, look at whats coming up!
Link not working correctly. Please copy and paste link & then save the picture and then open it & zoom in. I'm in awe! Breakout soon to happen again! http://tinyurl.com/6gx82
[This message has been edited by 1BigTip (edited July 18, 2004).]
quote:Originally posted by 1BigTip: Don't know if I posted this here yet but here it is again and [b]WOW. For those of you who dont know about charts, do your research & trust me when I say WOW A good WOW. For those of us who do know about charts, look at whats coming up!
Link not working correctly. Please copy and paste link & then save the picture and then open it & zoom in. I'm in awe! Breakout soon to happen again! http://tinyurl.com/6gx82
[This message has been edited by 1BigTip (edited July 18, 2004).][/B]
quote:Originally posted by 1BigTip: Don't know if I posted this here yet but here it is again and [b]WOW. For those of you who dont know about charts, do your research & trust me when I say WOW A good WOW. For those of us who do know about charts, look at whats coming up!
Link not working correctly. Please copy and paste link & then save the picture and then open it & zoom in. I'm in awe! Breakout soon to happen again! http://tinyurl.com/6gx82
[This message has been edited by 1BigTip (edited July 18, 2004).][/B]
Posts: 72 | From: waipahu, hi, usa | Registered: May 2004
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posted
For anyone that cares. Out of the last 5 trading Mondays, we have closed positive 4 times.(All of June) last monday was down. Monday before that was closed.
Posts: 3026 | Registered: Apr 2004
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posted
Fond memories of the convention which was the showcase of National Cable & Telecommunications Association!
REPOST,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, Getting Deveny on board was almost as big as the launch it self! At this stage of the game it shows conviction on Franks part to make this thing a genuine TV network. Anyone who still entertains the idea that this is a scam, take note. Scam companies hire pink sheet touts.
Emerging first-in-kind Television Networks seeking sponsorships from consummer driven Fortune 500 companies hire accomplished, respected, high end public relations firms.
Retaining Deveny removed what little doubt I had left. There's now absolutely no question in my mind that Frank will begin fullscale broadcasting within the next couple of months.
Our pps will benifit most over a period of several years as this network learns what their target audience wants & delivers it. Our subscription numbers will increase month after month & new advertisers will sign on. When it comes to national forums on social & public policys, we will be viewed by straights & gay alike. This in turn will drive up ratings & bring in ever more advertising dollars.
Remember, Broadcasting TV Networks do not trade under a dollar a share. There are reasons for that.
Satellite radio did not experience the level of interest we have & we all saw what they did. SIRI is trading over $3 a share with 1 & 1/2 billion shares outstanding & niether XM or SIRI has reported a profit nor will they in the forseeable future. Stocks trade on future potential.
Our potential is enormous. Market cap, O/S? Who hasn't read U4's post about the level of trading we've seen. As U4 would say "Just look at the numbers!" The amount of money that has this company has moved is nothing short of staggering.
With Deveny on board stoking that interest as well as a buyback, we will never need a reverse split to be listed on a major exchange.
I've read alot of posts trying to inject reason into these threads & stating that $1 is out of question & that too many people are caught up in a pipe dream. I believe they will be surprised at the value this company is trading at one year from now. It will not happen overnight. We have to send that initial signal just to open the door to all the posibilities this thing has going for it.
Even though pps was not moved that much, the coup of this convention was getting Deveny in our corner. That news alone was worth Franks investment in New Orleans. When I think about that (Deveny) in reference to what other deals they may have arranged it gets even more exciting.
From where I sit broadcasting is no longer in doubt. Everything else will fall in place.
posted
Pretty soon I expect to hear the first carrier has signed on. Not too long after that we will see a major advertiser & then a few more. Then the flood gates will open. After all none of those Consummer Driven Fortune 500 Companies will want to be on the sidelines while their competitors sew up a loyal consumer base working with $500,000,000,000.oo of disposable income.
Somewhere in there another carrier will have signed up. By the time Feb 17th rolls around LOGO's ads will be telling people how they will offer a better product than Q Television Network. That validation alone will propel our share price past the dollar mark for good if we're not already there.
Fact: One of the shortest lists in the world.......Broadcasting National TV Networks that trade for less than a dollar a share!
posted
If it goes below .0058, watch out. That means it went below our support level and can drop even more. We'll see at close.
Posts: 3026 | Registered: Apr 2004
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