posted
That KMart analogy was a bad one to make...are they in business? Well, yes, but, they have closed several stores, are continuing to close stores, selling less and less product and are very close to closing some distribution centers...Face it, just because you are still open doe snot mean you are going anywhere or doing anything.
That said, regardless of all the analogies and nahsaying, QBID is still on the leading edge of a viable, socially necessary product and will be a huge success if people just back off and give them room to breathe.
posted
So if they have 436,000 subscribers all over and QTV taps into 5% of that market (conservatively)that would be 21,800 subcribers. Then if cost to subscribe is $7.95 per month, from which QTV probably profits around $5.95 (just a guess) (21,800 x 5.95) that would be $129,710 per month on subcribers out of one carrier, $1,556,520 per year. Not too shabby....and this is not the biggest carrier that we should expect....Good days ahead my friends!
quote:Originally posted by 1BigTip: Ok, that didn't take long.
"I mentioned yesterday that I had called and emailed RCN's IR department...Time (ed., Tim from later Nobull correction) Downing (RCN's IR Dept) (609) 734-3718 just called me back.
He stated that RCN signed an aggreement with QTV to broadcast their channel. The PR that was released by QTV was a joint PR and that they will not be issuing a seperate PR. [b]However...they will release a PR within two weeks to notify the public of QTVs channel spot. They will begin a pre luanch prior to that release. Within the next two weeks RCN will begin an advertising campaigne to their customers via direct mailers, email and telemarketing.
Downing said that QTV will be a PPV channel and will likely take one of the channels listed on their channel line up under PPV. The channel will cost $7.95 per month.
He siad that the deal with QTV is revenue shared, but would not go into details of the contract as it is confidential.
He siad that as of their last report...they have 436K customers which are largely focused in the Chicago, NY, and Wash. DC market. LA and SF are emerging markets.
Thats all I have...as always...you can call Downing and verify this info yourselves...he was very opened and said he would welcome a call back if I had anymore questions.
So...within the next week we should begin to see an ad campaigne from QTV and RCN to bring on subscribers."
[This message has been edited by 1BigTip (edited July 23, 2004).][/B]
posted
IMO this rcn being in bankroptcy is not even something that should be on our radar..adelphia is in bankruptcy and in the proccess of being put up for auction. the word is that its to big for any one cable company to take over because it wouldn't make sence...to spread out...the say comcast, cox & at&t will probably split it up each taking sections close to areas they currently serve...the company that delievers 90% of the sports we watch on tv & cable went bankrupt a few yrs ago...Williams Communications...the last i looked they were trading over $15 (i owned stock when they went bankrupt...all gone) RCN will be there till someone buys they out What we need is 2 of the top 5 cable companies like cox & comcast...i'm hoping that the fact they test broadcast Q's signal has some positive meaning
[This message has been edited by bill1352 (edited July 23, 2004).]
posted
I talked to Direct TV, and they have taken the suggestion to add Q to their programming department. They DID say, they didn't have anything new on QBID, but it would be considered if others were to let them know it is something that is wanted. They are currently working on some new programming. Go on line, send an email or call. GO Q!!!! CD
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"I mentioned yesterday that I had called and emailed RCN's IR department...Time (ed., Tim from later Nobull correction) Downing (RCN's IR Dept) (609) 734-3718 just called me back.
He stated that RCN signed an aggreement with QTV to broadcast their channel. The PR that was released by QTV was a joint PR and that they will not be issuing a seperate PR. [b]However...they will release a PR within two weeks to notify the public of QTVs channel spot. They will begin a pre luanch prior to that release. Within the next two weeks RCN will begin an advertising campaigne to their customers via direct mailers, email and telemarketing.
Downing said that QTV will be a PPV channel and will likely take one of the channels listed on their channel line up under PPV. The channel will cost $7.95 per month.
He siad that the deal with QTV is revenue shared, but would not go into details of the contract as it is confidential.
He siad that as of their last report...they have 436K customers which are largely focused in the Chicago, NY, and Wash. DC market. LA and SF are emerging markets.
Thats all I have...as always...you can call Downing and verify this info yourselves...he was very opened and said he would welcome a call back if I had anymore questions.
So...within the next week we should begin to see an ad campaigne from QTV and RCN to bring on subscribers."
[This message has been edited by 1BigTip (edited July 23, 2004).][/B]
Excellent stuff BigTip! Nobull has been extremely reliable source of good information. For that matter so have you!
quote:Originally posted by 1BigTip: ... Under terms of the deal filed with the U.S. Bankruptcy Court for the Southern District of New York, RCN hopes to wipe about $1.2 billion in debt off its books. Creditors plan to swap the debts they have amassed from RCN for equity in a new firm that will emerge from bankruptcy. Existing shareholders would likely be wiped out by the Chapter 11 process...[/B]
Hmmm... and some say it isn't possible
1Big, don't ya just love it when you're right?! I hate to say "I told ya so"... oh, who am I kidding... I love to say it!
posted
Thank you Whiz & Pharm. I was begining to think that post was overlooked. That was music to my ears when I read it. And yes, its nice when you put someone in their place.
Under terms of the deal filed with the U.S. Bankruptcy Court for the Southern District of New York, RCN hopes to wipe about $1.2 billion in debt off its books.
They will be a positive cash flow reporting company and possibly move into the Top 10 fast with new subscribers to get Q Television.
quote:Originally posted by pharmdman: Hmmm... and some say it isn't possible
1Big, don't ya just love it when you're right?! I hate to say "I told ya so"... oh, who am I kidding... I love to say it!
[This message has been edited by 1BigTip (edited July 24, 2004).]
quote:Originally posted by 1BigTip: Thank you Whiz & Pharm. I was begining to think that post was overlooked. That was music to my ears when I read it. And yes, its nice when you put someone in their place.
[b]Under terms of the deal filed with the U.S. Bankruptcy Court for the Southern District of New York, RCN hopes to wipe about $1.2 billion in debt off its books.
They will be a positive cash flow reporting company and possibly move into the Top 10 fast with new subscribers to get Q Television.
[This message has been edited by 1BigTip (edited July 24, 2004).][/B]
I don't know why it's so hard for someone to make the leap that a debt 'reorganization' or 'restructuring' can include the removal of some debt. They really need to back off with the attitudes and just think. Otherwise, what would be the point of filing bankruptcy for a company? Oh yes, we'll still owe you it all, but let's just take longer to pay you and, please, can you charge us interest the whole time too? LOL That might actually work for some companies with smaller debt loads that can't handle the monthly outflow of cash, but that would not work in many cases.
posted
I'm pretty sure that the government takes care of the debt for the business. Not completely sure about that, but it makes sense because businesses is what drives the economy of this country. Plus the fact that they want to keep collecting taxes off them. So they pay off the creditors. In most cases like RCN's case, I think I read this correctly that they are giving the creditors a portion of their stock or just finding a way to pay them back by other means other then writing them checks.
My friend filed for BK, his debt was more then his income so after the whole process was done. HE OWED NO DEBT, ever. It was wiped out, creditors were paid by the government. And the govenment made them a deal where they would only pay them half the amount owed. Thats why creditors are cautious on who they lend money too. Also my friend's credit was burnt for 7 years, cant get a car/house/credit card, ect. But --- His income which remained the same, was accumulating in his account like no tommorrow.
Dont know Why we're still on this subject but its the weekend and theres no other news to talk about.
posted
when a company goes bankrupt the money owed is wiped out. the companies that were owed the money take a loss. they do not get paid at all but in many cases get shares of restricted stock in the new company that is formed
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posted
Mornin all, we are really beating a dead horse here, this bk rupt thing is pointless. Let's look at the facts as we know them. We have a tv network, soon to be a national tv network in little over a month broadcasting to major cities across the country, available to millions of people. We have a hotline message promising expanding the coverage which can only mean additional carrier or carriers to get that done. That means media coverage of the first gay network to make it to the air waves. We have a guy in charge of advertising with a New York phone area code, and the biggest fact of all is right now you can buy shares in this company at just .006 of a penny, say that again. .006 of a penny. F--k th mm's and the fluff pr's of the past, and the bkrupt RCN. In little over a month people will be saying I can't believe I didn't know about this sooner, it was trading at just .006 a month ago. Not saying it will ever see $4 or even $1, not sure what the competition will do to it once they hit, but IMO .25 or .50 is a real possibility. This thing hit .45 during it's failed attempt to get on the air a few years ago so it only would figure that they will need to get it on the air this time to get back to pps like that, and that is going to happen. It's been a fun ride and I've made some great money swinging this stock but I still have my original February cheap shares and when this hits .50 I will change my name to 1stmillion, and my last post will be, Should have listened to Whiz all along, "all we ever had to do was launch."
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posted
A little something to keep you thinking. positive.
If you put $2500 into QBID and QBID went up just 10% A MONTH you could end up with 100k in just 4 years. And if you put $5000 at first, then you could have 1 million dollars in just 5 years. JUST 10% a month! This works with any stock of course. But lets look at QBID and what it would have to close at for 10% a month.
July - .00671 August - .00738 Septemeber - .0081 October - .0089 November - .0098 Decmeber - .0108 January 05' - .0118 February - .0130 March - .0143 April - .0158 May - .0174 June - .0191 July - .0210 August - .0231 Sept. - .0254 Oct. - .0280 Nov. - .0308 Dec. - .0339 Jan. 06' - .0373 July 06' - .0660 Jan. 07' - .116 August 07' - .226 = 100k+
posted
good point bigtip but if we get 2 more carriers i think we will see .226 a heck of a lot sooner the next aug...though sorry folks i'm hoping we can keep the pps low for another 10 days so i can add a bunch to my position..lol...1 top 5 & 1 top 10 and frank getting the Q as a reporting company even on the otc bb & we'll see $1+ by tax time
[This message has been edited by bill1352 (edited July 25, 2004).]
posted
bill - Exactly. Except it wasn't "next august" that was Aug. 2007. I'm sure we'll see it by then! Q does 10% in 1 day, of course it drops 20% in one day. But all in all, 1 more announcement of a carrier and then Q actually on the TV screen we'll see a lot higher then .05.
So much potential so little risk. And when they do report, you would have shortned that time frame dramatically.
Investing in Pink Sheet stocks is very risky. So many companies just starting out with either a product in mind or waiting for a patent. Some pink sheet companies are actually doing sales but volume on the stock is low. QBID is a network stock, they dont need to wait for a patent and once on air, they have completed it.
Now they are the same being they need customers, sales, a business plan, employees, ect.. If they dont have any of those then its going to be a failure.
Like sonny says - "This thing hit .45 during it's failed attempt to get on the air a few years ago "
quote:Originally posted by bill1352: good point bigtip but if we get 2 more carriers i think we will see .226 a heck of a lot sooner the next aug...though sorry folks i'm hoping we can keep the pps low for another 10 days so i can add a bunch to my position..lol...1 top 5 & 1 top 10 and frank getting the Q as a reporting company even on the otc bb & we'll see $1+ by tax time
[This message has been edited by bill1352 (edited July 25, 2004).]
posted
Seems to me whats hurting us now is the hype and dive we went through some folks lost alot of money on this stock already and their alittle gun-shy!
As far as the carrier goes it's just what we needed a company in bankruptcy thats willing to take a chance. Just watch what happens to this stock when people start signing up.
This is a test if it goes well the big carriers will be knocking down the door trying to get a piece of the pie.
quote:Originally posted by StonedPigeon: Seems to me whats hurting us now is the hype and dive we went through some folks lost alot of money on this stock already and their alittle gun-shy!
As far as the carrier goes it's just what we needed a company in bankruptcy thats willing to take a chance. Just watch what happens to this stock when people start signing up.
This is a test if it goes well the big carriers will be knocking down the door trying to get a piece of the pie.
quote:Originally posted by 1BigTip: A little something to keep you thinking. positive.
If you put $2500 into QBID and QBID went up just 10% A MONTH you could end up with 100k in just 4 years. And if you put $5000 at first, then you could have 1 million dollars in just 5 years. [b]JUST 10% a month! This works with any stock of course. But lets look at QBID and what it would have to close at for 10% a month.
July - .00671 August - .00738 Septemeber - .0081 October - .0089 November - .0098 Decmeber - .0108 January 05' - .0118 February - .0130 March - .0143 April - .0158 May - .0174 June - .0191 July - .0210 August - .0231 Sept. - .0254 Oct. - .0280 Nov. - .0308 Dec. - .0339 Jan. 06' - .0373 July 06' - .0660 Jan. 07' - .116 August 07' - .226 = 100k+
[/B]
Oh yeah, BigTip--and that's with very conservative gains! What a great number cruncher you are. As Whiz says, "All we had to to was launch...plus. . .how many networks trade under a buck? Makes me want to sing. . "T-i-m-e is on our side--yes it is. . . GLTA go QBID!
posted
Rainbow Media launched Divine HD on satellite in the not so distant past and hovering on the brink of fruition is Q Television, a satellite channel that will be offered on a subscription basis and promises to attract a diverse audience that goes beyond the gay and lesbian population, which is also expected to launch later this year. Not to be outdone or left out in the cold (no pun intended), Canada’s PrideVision is also planning an assault on the U.S. market vis-a-vis a distribution agreement with Time-Warner that is likely to hit any day now. So whether or not you even want your gay TV, you sure as hell are gonna get it!
posted
According to the US Census Bureau, there are 281 million 423 thousand 231 people living here in the USA.
All I want is 5 million to know about Q Television! We already have 500k with RCN (not every subsciber will know but they'll see it in the line up and wonder). And we probably have only 5000 of us investors that know about it. Does anyone know a real count of how many people own QBID? JonV started a thread but I lost it.
I've owned many other penny stocks but theres something about this one I'm excited about. Can Someone just put me in an igloo until the next PR comes out?
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