Northpole!!!

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Originally posted by 1BigTip:
ID Q Television Obtains Intermediate and Permanent Financing

July 28, 2004 12:00:00 (ET)

PALM SPRINGS, Calif., Jul 28, 2004 (BUSINESS WIRE) -- Q Television Network (OTCPK: QBID) today announced that it has obtained intermediate financing in the form of a loan of $1,000,000 and equity placement of $1,000,000 through a major private investment fund. Additional financing necessary to complete Q Television Networks long term goals over the next year have been negotiated and the legal documents for these transactions are being prepared. Frank Olsen President and CEO of the Network stated, "These arrangements will make it possible for the continuing success of the Network by being able to secure first rate programming for the Network and provide the necessary working capital requirements while the company pursues licensing with additional carriers."

For more information on carriage, contact Q Television at (760) 322-4455. For advertising sales, contact Scott Seger at 212-300-7569

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: Q Television Network

Q Television Network, 760-323-4455
http://tinyurl.com/5lfjk

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Originally posted by anonymous_lurker:

Northpole!!!

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Originally posted by FaFaFooey:
I thought they had 5 years of financing secured? WTF?

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Where did you hear that ? I do not recall any PR mentioing 5 years financing....

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GLTA

Raja

"June 25, 2004 UPDATE 1min. 08 sec. (est.)
Welcome to the Q Television Network Hotline.

Due to the fact that we are curently waiting for confirmation from the carriers that we have been added to their billing systems and confirmation of the carriers launch dates for the Q Television network it will be necessary for us to wait until next week to make a formal announcement.

The network had to produce a guarantee that we had funding for the next 5 years, which is a major requirement of the carriers.

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Originally posted by qnique:
Man what is it gonna take for this stock to move. Man I don't believe this? It's like dayummm, they put out news and we drop. What gives.

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I think this news would have been FAR better and would have had a much greater impact on pps if they had not released that hotline update saying we had 5 yrs of financing...OR if they didnt for some reason conceal the fact they have 5 yrs instead of 1 yr in this PR (whichever the true one would be).

Take it anyway you like. I take it as : They're not ready yet, but its in the works and in time, they will be full force.

This is a great period for accum... but I'm all out of cash! lol

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Originally posted by FaFaFooey:
Was from a hotline message:

"June 25, 2004 UPDATE 1min. 08 sec. (est.)
Welcome to the Q Television Network Hotline.

Due to the fact that we are curently waiting for confirmation from the carriers that we have been added to their billing systems and confirmation of the carriers launch dates for the Q Television network it will be necessary for us to wait until next week to make a formal announcement.

The network had to produce a guarantee that we had funding for the next 5 years, which is a major requirement of the carriers.

This funding was obtained through private sources and does not affect the shareholders."

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Those damn hotline messages.....QBID should stick to PRs just like everybody else...Too much unofficial fluff came out of those messages & expectations are too high now...Over this add the fact that there is mistrust from their first intent....Oh well...Will take some time before the PPS starts moving IMHO. This PR shoulds have been for atleast 0.01.....

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GLTA

Raja

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Originally posted by FaFaFooey:
I thought they had 5 years of financing secured? WTF?

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Anyway--I'm bugged with the release. You guys are focussing on the money (1 yr. 5 yr aspect). I'm more bugged with the way the release ends: "while company pursues licensing with additional carriers." I thought everything was lined up. Thought the new guy--one with the 'record'--was hired to take care of all that! Am I overreacting? Please, feel free to offer another perspective.

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Originally posted by sunny:

"while company pursues licensing with additional carriers."

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It takes a lot of time to do this. I worked as a utility crew member for the mobile production units for CBS, FOX/NFL Sports as well as XFL Football (lol the whole ONE season ) However it takes a lot of time since licensing has to come from the FCC and also internal legal documents have to get passed, read, reread, reworded, renegoiatied, ect. Very time consuming...

We have RCN Cable which will broadcast us to SAN FRANSICO, Perhaps the biggest key Gay market. We will be shown in Washignton DC, Boston (Another Gay Market), Chicago, Philidelphia and Parts of New York.

We were shown on a test feed in ComCast of Washignton State and Cox Cable of New Orleans. It is common practice for them to run test runs before actually carrying the channel. We know frank had to run to Washington for contracts... as per the PRs/Hotline...

Three cheers for the gay channel. Now what?

Despite all the predictable and tired yammering from religious and so- called moral-watchdog groups, the MTV Networks-backed gay cable channel, Logo, is an idea long overdue. But there are a couple of things to remember here. First, this is a business decision, period. MTV can trot out all the hype about bringing people together and how the country is ripe for acceptance, etc. But if Viacom -- which owns MTV Networks and CBS and Showtime and Nickelodeon and UPN, blah blah media conglomerate blah -- didn't think Logo would make money, it wouldn't exist.

As long as we're all clear here about cultural largesse.

Secondly, once Logo launches on Feb. 17, 2005, that's when the real battle begins. Back in the mid-'90s, when this channel was being considered, you could make an argument that gays were the last social group to get a cable channel directed at them. Already diverse social groups called "men" and "women" in general had hordes to choose from on the dial, but niche programming being all the rage, there were also BET for the African American audience, plenty of Spanish-speaking broadcast channels, myriad other foreign language channels and, yes, even a channel dedicated to golfers. On and on it went, and continues to go.

But gays have become ubiquitous on television, and the newness factor is all but gone. What Logo faces immediately is the daunting task and, depending how you twist it, the possibly offensive (or at the very least, naive) notion that it can cater to all things lesbian, gay, bisexual and transgender. Nobody, except maybe golfers, wants to be so easily typecast. And Logo's tagline, "Different Together," has that dangerous whiff of the bad idea -- the kind that sparks four people who wear ratty Chuck Taylor high-tops (we must be counterculture Ramones fans, right?) to take a cross-country car trip from Jersey to L.A., only to find that they each hate the other's music along the way.

This is not a knock on Logo. If there can be a Tennis Channel and a Food Channel and a Speed Channel, etc., why not a gay channel? In many ways it makes sense, and MTV Networks was quick to tout the buying power of gays and the perceived number of them out there who might, on their way to somewhere else on the dial, stop by Logo and be transfixed not only by the programming - - about 75 percent of which will be bought, not original -- but also by the advertising.

And make no mistake about it, a company like Viacom does its homework. It wouldn't present Logo without lining up powerful companies that will not bow to pressure from "moral" groups. Advertising boycotts only work on weak companies and, historically, don't last long if there's a buck to be made.

But, unfortunately, making money is going to be a difficult task for Logo. MTV Networks says the channel could break even in a couple of years. But that's assuming it works out carriage issues with Comcast, as it has with Time Warner (the channel will be carried by RCN, a smaller cable company that also operates in the Bay Area).

Just like Al Gore's wildly idealistic news channel, great ideas are nonstarters unless you're in 40 million-plus homes. Ideally, you'd hope for 60 million or more. Right now, Logo is nowhere near that, but could be by its launch date -- and if so, that's great news. The bad news: When it does arrive, it will most certainly be on the digital tier, not the analog. Translation: You'll have to pony up a little bit extra for digital cable.

The next major hurdle -- in a landscape lined with major hurdles, this might be the biggest -- is getting interesting content. MTV Networks executives, perhaps wary of the initial spotlight and potential for boycotts, say there won't be sex or profanity on Logo. Well, good luck to you there, folks. But it does raise the question -- why not? Sex and profanity are all over broadcast television, and they get ratings. (Not that anyone should believe for a second that those two staples of life will stay off Logo for long -- it's in the MTV family, for God's sake.)

Unfortunately, what will be ruled out of the Logo lineup is a chance to cash in on the joys of vertical integration -- meaning taking episodes of "Queer As Folk" and "The L Word" from sister channel Showtime and giving them a second run.

Not that borrowed goods won't dot the Logo landscape. The channel will cherry-pick from all Viacom properties -- CBS News included, according to the programmers. That's just a kind way of saying Logo, at least initially, will be fueled by -- how to say this in the most optimistic fashion? -- content you could have seen elsewhere, on channels not necessarily decreed to be gay.

In other words, Logo will show reruns. Not exactly the kind of nirvana that gay viewers may have been seeking. But the good folks at MTV Networks are nothing if not industrious, and they will be cranking out that other 25 percent of the schedule soon enough. It'll be gay, gay, gay, just like the Golf Channel is golf, golf, golf. And what gay viewers will find out soon enough, if they don't suspect it already, is that sometimes narrowcasting is boring and, in the worst cases, it's patronizing.

It may be difficult for Logo to be truly different. And that calls into question -- like Gore's cable channel before it and, say, MTV's other recent offshoot, Spike: The First Network for Men -- whether, in all honesty, the channel is even necessary. If Showtime has "Queer As Folk" and "The L Word" handling the chores of a gay drama, and broadcast television remains infatuated with gays on its sitcoms, and Bravo has, among a growing roster of gay series, "Queer Eye for the Straight Guy," what, exactly, is left for Logo?

Gay news? Gay animation? What? An initial idea is to buy up gay movies and documentaries, but -- Viacom conveniently owning the Sundance Channel aside -- aren't a whole lot of media outlets showing these films already? Isn't the gay audience already being served elsewhere, just like everybody else?

And something else to consider: When Logo figures out this content predicament and develops something original, will it be interesting? Let's face it, gay people aren't going to watch a bad show just because it's gay- centric. You can only support the cause so long before you're bored into a narcoleptic stupor.

So it appears that knee-jerk boycotts and backlashes are the least of Logo's worries. Witless and/or heartless evangelists are not nearly as scary as being unable to find an original hit show people want to watch -- or, in the bigger picture, a reason for being.

We'll have more detailed information about QTV on our website in September.

Sincerely,

5 Days in a row we have closed down!

By: dmusephoto
28 Jul 2004, 02:49 PM EDT
Msg. 466834 of 467187

Does anybody care to guess what CC company we are meeting with at 3pm est? :-)

By: tankengine08109
28 Jul 2004, 02:50 PM EDT
Msg. 466838 of 467191
(This msg. is a reply to 466834 by dmusephoto.)

american express!!

By: dmusephoto
28 Jul 2004, 02:51 PM EDT
Msg. 466851 of 467192
(This msg. is a reply to 466838 by tankengine08109.)

tank, you win!

I knew I had read about RCN previously. From your LOGO article:

. . . .

"But, unfortunately, making money is going to be a difficult task for Logo. MTV Networks says the channel could break even in a couple of years. But that's assuming it works out carriage issues with Comcast, as it has with Time Warner (the channel will be carried by RCN,"

(HEY, ISN'T THIS OUR CARRIER?)

a smaller cable company that also operates in the Bay Area)". . . .
WITH QTN already SIGNED!

.

I don't know what that meant, all I know is that I wouldn't mind if they were both on there. Theres a lot of flaws with the way LOGO is doing things. Stuff we dont know about, neither do I. I think they will be up and then possibly come down..who knows.

I dont know what you meant by demuse posts.. He's usually creditable but our proof is when it comes out.

Listen, As we look at these message boards everyday, as we read the PR's, as we hear the hotline messages.. You need to look at the time frame. Its only been days since we got the PR about RCN. Its only been weeks since we complained about the PPS dropping, its only been months hearing that QTN is moving forward again...We need to chill out and give them time, including myself!

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Originally posted by SK Invest:
I am a new investor and have made the "Q" my first stock purchase. I got in months ago and have lost a bit. I want to buy more shares because I believe that this is going to happen. It is just a matter of time.

My question is; how big of a window is there to continue to load up and pick up more shares at these sub-penny prices. Any opinions would be much appreciated.

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Who knows? Last week, I bought, and we went up. Today, I bought, and we went down. Flip a coin--remember, this is pennyland. If the price continues at this level, I'll buy more, but you must make that decision for yourself--and live with it.

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Originally posted by suzainiee:

Who knows? Last week, I bought, and we went up. Today, I bought, and we went down. Flip a coin--remember, this is pennyland. If the price continues at this level, I'll buy more, but you must make that decision for yourself--and live with it.

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Originally posted by MW:
My vacation to the virgin islands this october.

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