posted
AVIS made a mint for 40 years with "We try harder"
By: pennymonger 28 Oct 2004, 11:57 PM EDT Msg. 59504 of 59521 (This msg. is a reply to 59491 by stocken9.) Jump to msg. # Number 2 can be more profitable than #1. Frank is clearly comfortable with being #2 IF things unfold that way. He gave an example with the hotels but probably didn't explain it very clearly. Here's my take.
2 new hotels are built side by side. The #1 hotel spends a ton of money advertising and attracting customers. #1 may have terrific business with lots of revenues, but the bottom line is horrible because of high marketing costs. In the meantime, hotel #2 is right next door and gets plenty of business riding the coattails off #1s ad campaigns. While #2 has lower revenues, it is actually MUCH more profitable.
Frank is very wise and looking out for our bottomline. Not many CEO's have that kind of wisdom, patience and integrity these days.
quote:Originally posted by 1BigTip: Great Post by U4!
Posted by: U4TSAF2 In reply to: POPE OF LITTLE ITALY who wrote msg# 6130 Date:4/25/2004 4:29:55 AM Post #of 32800
WELL HELLO AGAIN POPE.
GOOD TO SEE YOUR STILL IN WITH US.
MY EXIT IS BASED UPON REAL WORLD RESULTS. AKIN TO OTHER HIGH IMPACT STOCKS, MY STARTING EXIT OF $2.00 AND FULL EXIT THROUGH $4.00 IS NOT UNREASONABLE BY ANY STRETCH. QBID IS WITHOUT A DOUBT A HIGH IMPACT STOCK. IT'S A ALL GAY/LESBIAN Q-TELEVISION NETWORK ABOUT TO LAUNCH.
FOR SOME REASON, PEOPLE SEEM TO THINK THAT IT'S JUST OTHER STOCKS THAT CAN GO UP FROM .017 TO $4.00. MOST JUST BLATENTLY IGNORE WHAT THE TECH BOOM DID IN THE 1990'S. NUMEROUS STOCKS GO UP UP UP BUT FOR SOME REASON, QBID CAN'T BECAUSE OF THE NUMEROUS REASONS AND JUST READ THROUGH THE POSTS. THEY POST THIS REASON OR THAT REASON BUT REFUSE TO USE THAT SAME IDENTICAL THEORIES FOR THE PREVIOUS STOCKS I'LL CONTINUE TO BRING UP AND THEY LINE UP WITH EXCUSES ABOUT WHY THIS AND WHY THAT.
WHEN I WAS WORKING IN THE "FIELD" I RECOMMENDED AND PICKED OTOD GOING ON ABOUT 3-4 YEARS AGO AT .0074 (WHICH YOU ALREADY KNOW GOT ME FIRED) AND ALL THE SAME SONG AND DANCE ABOUT $3.00. MY HEALTHSOUTH I GOT IN AT .08 WENT UP TO OVER $5.00. CARMAXX WAS $1.00 AND I SEEN $20.00. TASER WENT FROM $700 TO $1.60 TO THE CURRENT $124 AND JUST DOWN TO $77.00. MY PICKS CAN'T DO THIS, YOU'LL BE LUCKY TO SEE .50, ETC.ETC.ETC. WELL GUESS WHAT, THEY ALL DID.
I SEE ALOT OF PEOPLE SAY THE EXACT SAME THING BUT THEY CAN NOT JUSTIFY THEIR POSITION. MY PICKS DO WHAT I SAY THEY DO. MY HISTORY PROVES THAT. BUT FOR THOSE WHO WISH TO TRY TO DISCREDIT ME, THEY SIMPLY CAN'T. THEY'LL SAY THIS OR THEY'LL SAY THAT BUT THE BOTTOM LINE IS, I OWN QBID AND I DON'T GIVE A FLYING FLIP WHAT YOU SAY ABOUT MY POSTS FOR THE FOLLOWING REASONS:
NO. 1: YOU ALL CONTINUE TO TELL ME WHY IT CAN'T HAPPEN, WHY IT'S UNREALISTIC, WHY THIS WHY THAT OVER AND OVER AND OVER AGAIN. I SIT AND LOOK AT MY INVESTMENTS AND WHAT THEY DO AND IT PROVES THOSE TRYING TO MAKE A POINT WRONG WRONG WRONG AND WRONG AGAIN.
I WATCH STOCKS EVERYDAY SHOOT THROUGH THE ROOF AND THE REASONS GIVEN, IF YOU APPLIED THOSE VERY SAME REASONS TO THESE OTHER STOCKS THAT GO UP TO THE STRATOSPHERE WOULD MAKE IT IMPOSSIBLE FOR THEM TO DO WHAT THEY DO.
I JUST GOT DONE PLAYING AND SHORTING IPIX WHICH WENT FROM $2.00 TO $24.00 WITH A CLOSE AT $7.00+ ON FRIDAY. ACCORDING TO THESE FOLKS, THAT COULD HAVE NEVER HAPPENED. BUT AGAIN, THIS DID JUST HAPPEN, I PLAYED IT BUT FOR IT TO HAPPEN TO IPIX IS DIFFERENT FOR QBID BECAUSE....... LAST FRIDAY QBID TRADED 1.8 BILLION SHARES AND 30 MIL CASH; NOW GO ASK YOUR PROFESSIONAL BROKER ABOUT A PINK TRADING 1.8 AND 30 MIL CASH AND HE'LL LAUGH. BACK IN THE DAY I SURE WOULD HAVE BECAUSE THAT IS WHAT SCHOOLING/HIGHER EDUCATION TAUGHT ME.
IF WHAT I'VE DONE HAS WORKED. IF MY HISTORY OF STOCKS DOES EXACTLY WHAT I THINK THEY WILL AND EVERY REASONABLE REASON IN MY MIND TAKES MY PICKS AND BASICALLY SHOOTS THEM THROUGH THE ROOFS AND AT THIS SAME TIME, PEOPLE ALL TELL ME THE SAME THING OVER AND OVER AGAIN AND YET THEY ARE WRONG; WHAT ELSE AM I SUPPOSED TO THINK?
I'VE PUT $1000 ON THE TABLE TO PROVE ME OTHERWISE AND NO-ONE, NOT A SINGLE PERSON CAN STEP UP TO THE PLATE AND COLLECT THE $1000. IF YOU EXIT AT .50 OR .75 WITH WHAT YOU HOLD IN SHARES; GREAT AND I TRULY AM HAPPY FOR YOU. I KNOW PEOPLE WHO PLAN ON HOLDING OUT TILL $15/SHARE WITH THEIR ENTRY AT .0001 AND GREAT FOR THEM. BUT TO SIT THERE AND TRY TO TELL ME THAT THIS STOCK CAN'T HIT WHAT-EVER PRICE, ESPECIALLY WHEN I PUT $1000 ON THE TABLE TO PROVE ME WRONG; WELL THEY CAN SHOVE IT UP THEIR REAR ENDS!
MY QBID EXIT STARTS AT $2.00 AND ENDS AT $4.00
HEY Big T, didnt have a chance to do what i said i was...interviewing for residency + working as an extern in ER, do it tomorrow its my day off! MY FAVOURITE U4 POST EVER I actually agree with him for the first time ever
GO Q GO, SOMEONE GET UNDER THIS RAINBOW AND BLOW IT UP!
quote:Originally posted by 1BigTip: Whiz, exactly! I can't take reading about these O/S, A/S numbers. IT DOESN'T MATTER!! I know it's nice for a conversation, or to figure out, but the PPS will move NO MATTER WHAT! Especially because it's a pink sheet.
We should look at "not getting off pinks" as an advantage. Someone with more knowledge of big exchanges can express the negatives of it.
I know 1 negative is that a Big Exchange stock going up 100% in 1 day are very slim!
BigTip!
Couldn't agree more. Dicipline is the key with this thing. The CC today was all about a young Broadcasting International TV Network that's trading for one third of a penny! I'm OK with traders coming in & out over the next few years. They will help us climb through barriers of resistance as we settle at higher levels of support. I might even swing trade a few of mine.
However I have a core position that won't be liquidated for two years plus. This penny is a true invetment (Dakota said that) & Dakota's right. The only thing I heard in that CC is QBID is here to stay!
You ever see BET's programing? QBID is far better. Point of fact, It's a much better product. I'm willing to wager that this thing is worth more than $5 billion 5 years from now.
I'm accumulating! Chances like this only happen once in a lifetime!
quote:Originally posted by Qbidder: [b]HEY Big T, didnt have a chance to do what i said i was...interviewing for residency + working as an extern in ER, do it tomorrow its my day off! MY FAVOURITE U4 POST EVER I actually agree with him for the first time ever
GO Q GO, SOMEONE GET UNDER THIS RAINBOW AND BLOW IT UP!
[/B]
Qbidder!
I remember when U4 posted that! Very quietly he still believes it too. If he's not still holding a core shame on him but he's buying more. I'll make bank on that!
quote:Originally posted by Qbidder: Hi Penny Im trying to put it all together by reading the posts on here anyone who hear it live can tell me if all these posts are reliable?
from what i got, it was really positive
I wrote as I was listening, Tqn lumped it all together with a few other posts from others thrown in but everything appears very accurate from what I heard beginig to end. Hope this helps. ....................................................................
tqn Member posted October 28, 2004 16:59 -------------------------------------------------------------------------------- Live shows begin on November 15th but already has taped shows on the air. Frank says we're a real network now! That item is no longer in question. Rather be second! Leaves the door open for a buy-out! The question was asked about O/S. Frank says there is 9.5 in the Float! Recent restricted shares will not hit the market were used to buy into the gay games. 9.5 billion in float - 6 billion are institutional and 50 of available live programing starts nov 15th and stays unscrambled untill Dec 1st Frank was asked about subscribers, Renie says we're still unscrambled so he ducks the question but he say after three months we should have 40,000 because that's 10% of RCN & that's how many have called asking for a sub. 5 BILLION IN 5 YEARS!!!!! Frank says we anticipate being worth 5 billion in 5 years through comparison of other networks. He points out that BET never made a dime & sold for 3 billion. Renie says that they're 60% finished with buying back 1 billion shares. The float is 9.5 Billion and A/S 50 Billion...6 billion restricted shares not to hit the market...used for contracts, programming etc.....I'm listening to the CC. 2% equals a billion shares Where do you see our pps going. Frank says he wants a steady climb & not spikes. Share price will rise with improvements in revenue. What moves will they make to get off pinks. It is unlikely to happen soon! Forcasted revenue? First bills to go out december 10th. Have already received money from advertisers. Frank says we're in three of the top 10 areas of the country! Any satilites picking us up? Renei says we're in very heavy negotiations with many of the players, ALL THE BIG ONES! Responses from these people are EXTREEMLY POSITIVE! My oppinion,,, They have carriers lined up that will offer when they're ready! Yes we have advertisers! Renei points out that they (advertisers) want to get into this last untapped demographic. Oppinion,,, No schitt!!! That $600,000,000,000.00!!!!!!!!!! Frank says he owns 53% of O/S and commented he can't do anything with them....also said "absolutely not!" about the Reverse split. Going to be in all the gay hotels across the country! Look for interactive. Q Cafe. QBID is a subsidary of TMM. "Who owns TMM? He said "You do". his words were that 9.5 was the outstanding. the restricted shares dont count in the os untill they are unrestricted. 500,000 operating budget a month. Thats awesome! they dont expect the 6 billion shares to hit the float Frank took the last call and was asked about the 6 billion restricted shares...it is not included in the float...9.5billion shares in the market....this was the last question of the CC.
QBID is now a Genuine Broadcasting National TV Network which intends to go International. QBID is the only Genuine Broadcasting National TV Network that trades for less than a dollar a share. That will not be the case a couple years from now!
By John Eggerton -- Broadcasting & Cable, 10/28/2004 11:42:00 AM
In an effort to prop up the price, Viacom Inc. said it will spend $8 billion buying back its own stock.
The move is huge and Viacom could end up shrinking the number of shares outstanding by 10%. “This is an historic event,” Viacom Chairman Sumner Redstone told investors during the company’s earnings call Thursday morning. The company is also increasing its relatively small dividend by 17%.
The buyback is in response to investor unhappiness over media companies continually using their cash for acquisitions that don’t pay off (like Blockbuster Entertainment, a fizzled acquisition that Viacom spun off earlier this month.)
Some investors are instead clamoring for companies to show them some of the money, buying back shares, which shrinks their equity and hopefully increases the value of the remaining shares outstanding.
Viacom’s earnings for the third quarter were mixed.
Total revenue increased a mere 4% to $5.4 billion while operating income rose just 5% to $1.3 billion.
Cable networks were strong, with sales rising 14% and earnings jumping 13%. But despite the strength of the CBS network, revenues at Viacom’s broadcast division rose just 5% and earnings 7%.
That’s not very impressive given that CBS’ stations have been substantial beneficiaries of heavy political spending.
posted
Frank said he cannot announce other carriers because of confidentiality agreements. But they are currently in financing negotiations and will be mentioning them soon.
I remember when he said that same exact thing through the hotline and then all of a sudden RCN was announced.
QBID is going to be HUGE!! In fact here it is:
June 9th UPDATE We are under a lot of confidentiality agreements that we can't release probably until the 21st/22nd. July 21, 2004 Q Television and RCN Corporation Announce Distribution Agreement - BusinessWire
Who owns QTN? How do the revenues from QTN impact TMM? Who benefits from the sale of QTN? Not trying to sound like the next U# but I think these are questions that should be answered before anyone puts more money into QBID. I'm staying at 500K until we get these answers. I emailed them but, no return.
posted
Clyde. Lets not beat a dead horse. You asked Who owns QTN? TMM does, who owns TMM? We do. So anything TMM does including Q Television Network, we own.
Just like Diana said, TMM can create more then 1 buiness. Right now they have QTN, it's possible in the future, 10 years from now, they will create another business off it. So we esentially will own that also by owning TMM.
I'd rather own TMM then only QTN.
quote:Originally posted by Clyde Crashcup: "Who owns TMM? He said "You do".
That's 100% correct.
Who owns QTN? How do the revenues from QTN impact TMM? Who benefits from the sale of QTN? Not trying to sound like the next U# but I think these are questions that should be answered before anyone puts more money into QBID. I'm staying at 500K until we get these answers. I emailed them but, no return.
quote:Originally posted by Ric: It does bother me how some concerned investors got bashed earlier though. I remember (not me) a good poster in here mention the 50 billion A/S and was bashed to no end. Guess what, she was right. I don't see why those that ask some serious question are called basher but those who make extreme statments on the other end can get by without no questions or if you do then you are a basher. To be honest, I think U4 is the only basher we have had. And not everything he says is wrong. I think we have others who want answers before the risk there money.
Ric
well said Ric. This is my feeling exactly . I personally would invest triple what I currently own in QBID.. if and only if they become more straightforward with the info they happen to release... Not this "Cloak and Dagger" stuff.
I still believe they can be profitable and make alot of people money... or I wouldnt own what I own.
But anytime somebody brings up questions here when they have doubts about the truth of frank and his team.. they are labeled as a basher...
I don't believe in fairy tales...or happy endings all the time. Give us hard cold data that will satisfy not only us the shareholders... but the future potential companies that would like to invest into the company .
As Bob Marley once said "All thats glitters is not gold.. and half the story has never been told"
posted
Good morning. I think that the CC should be held once every couple of months. I think it was nice to have Frank and co. clear the air on o/s, a/s, and other issues. Good to hear about the Wall Street Inverster. I don't consider myself to be gullable or a good speller, but I do believe that they were sincire and honest. That to me is most important right now. I do believe them. They also seemed to be very concerned about message boards. I thought I heard Frank say not to post on the boards. Did anyone else hear that? If I am incorrect, I sorry.
I'm pretty sure that they read the boards themselves. They do get a lot of the shareholder opinion from this and others boards. So with that, good luck and keep working hard.
quote:Originally posted by 1BigTip: Clyde. Lets not beat a dead horse. You asked Who owns QTN? TMM does, who owns TMM? We do. So anything TMM does including Q Television Network, we own.
Just like Diana said, TMM can create more then 1 buiness. Right now they have QTN, it's possible in the future, 10 years from now, they will create another business off it. So we esentially will own that also by owning TMM.
I'd rather own TMM then only QTN.
Bigtip - with all due respect, I have to challenge you on this one. I would like to know about the revenue stream of QTN. Wouldn't it be nice to see a balance sheet? Basically, are they spending money wisely?
[This message has been edited by Clyde Crashcup (edited October 29, 2004).]
See QBID is down after Conference Call. Looks like many questions still exist...and I believe at this point investors were expecting to hear of some of the advertisers who have signed on with Q.
Oh well.
Watching ERHC, ISON, BUTL and TTCS today.
QBIDDER...I love your little blinkies...My Lilpenny has blinkie competition...OH NO!!!!
quote:Originally posted by 1BigTip: I'll have transcript by end of weekend.
Maybe someone is working on it as I type this but in case no one does, I'll try to have the questions and answers by end of weekend.
Have a great day.
I posted this yesterday, but in case anyone missed it - The call will be available for another week here:
Instructions for hearing the conference call replayed: Dates available October 28th -- November 4 Call 1-888-286-8010 in the United States or Canada or Call 1-617-801-6888 Pin Code: 92820530
Posts: 107 | From: Tampa, FL USA | Registered: Jun 2004
| IP: Logged |
THANKS FOR ALL THE DD AND OPINIONS. THE NEGITIVITY HERE IS SO THICK A BUTCHER KNIFE WON'T EVEN CUT IT!! LOL LIGHTEN UP FOLKS. YOU WILL LIVE LONGER!! LOL ZANAX IS THE KEY!! LAUGH!! GET AWAY FROM THE COMPUTER!!
HAVE A GREAT WEEKEND!!
I BELIEVE IN QBID..TIME WILL TELL!!
I pointed out to you the stars (the moon) and all you saw was the tip of my finger. - African proverb
quote:Originally posted by realityinc21: GOOD MORNING ALL,
THANKS FOR ALL THE DD AND OPINIONS. THE NEGITIVITY HERE IS SO THICK A BUTCHER KNIFE WON'T EVEN CUT IT!! LOL LIGHTEN UP FOLKS. YOU WILL LIVE LONGER!! LOL ZANAX IS THE KEY!! LAUGH!! GET AWAY FROM THE COMPUTER!!
HAVE A GREAT WEEKEND!!
I BELIEVE IN QBID..TIME WILL TELL!!
I pointed out to you the stars (the moon) and all you saw was the tip of my finger. - African proverb
posted
The conference call was exactly what I expected from a "young company". Professional at times with some rough edges. While their was no major news (I didn't expect any), certainly the course of action that was layed out (original programming schedule, de-scrambling,etc..) by Frank/Rene is reasonable to acheive. I did not here any "pie in the sky" comments. Just the basic issues about how to build strong viable relations within the industry regarding the controversial broadcasting of a gay (subscribtion) network. These relations are key and crictial to their success (and a sensitive issue...pointed out by Frank when he "slapped the wrist" of share holders who are tampering with "Q" business partners by hounding them).
As was stated, advertisers are anxious & eager to jump on board the gay bandwagon...but the risk element exists for them with their base customers (paraphrasing what Frank said, "it not worth adding $1.00 worth fo revenue from the gay customer when you lose $3.00 from your base customer because you are now associated with a gay network").
However, once the network is stable to be broadcast (eliminate the "start up" technical issues) and subscribers start coming on board, advertisers will follow (the risk most likely will not be as great since this is a subscription service...as long as there are customers they will come !). I beleive Frank said that advertisers have paid up front, at least partially. Makes sense...the advertiser gets their foot in the door with some seed money but on a limited bases to minimize risk.
As a share holder in the company, the confer call was a chance to get a little insight into the behind the scenes aspect of "Q". Nothing more...nothing less.
quote:Originally posted by kencoda: The conference call was exactly what I expected from a "young company". Professional at times with some rough edges. While their was no major news (I didn't expect any), certainly the course of action that was layed out (original programming schedule, de-scrambling,etc..) by Frank/Rene is reasonable to acheive. I did not here any "pie in the sky" comments. Just the basic issues about how to build strong viable relations within the industry regarding the controversial broadcasting of a gay (subscribtion) network. These relations are key and crictial to their success (and a sensitive issue...pointed out by Frank when he "slapped the wrist" of share holders who are tampering with "Q" business partners by hounding them).
As was stated, advertisers are anxious & eager to jump on board the gay bandwagon...but the risk element exists for them with their base customers (paraphrasing what Frank said, "it not worth adding $1.00 worth fo revenue from the gay customer when you lose $3.00 from your base customer because you are now associated with a gay network").
However, once the network is stable to be broadcast (eliminate the "start up" technical issues) and subscribers start coming on board, advertisers will follow (the risk most likely will not be as great since this is a subscription service...as long as there are customers they will come !). I beleive Frank said that advertisers have paid up front, at least partially. Makes sense...the advertiser gets their foot in the door with some seed money but on a limited bases to minimize risk.
As a share holder in the company, the confer call was a chance to get a little insight into the behind the scenes aspect of "Q". Nothing more...nothing less.
Firestone Communications Signs Q Television Network for Production and Network Origination Services
Agreement Further Diversifies Media Company, Creates New Jobs for North Texas
DALLAS / FORT WORTH - October 26, 2004 - Firestone Communications, Inc. (FCI) has signed Palm Springs, Calif.-based Q Television Network (Q TV) (Pink Sheets: QBID) to a long-term network origination and production agreement. Under terms of the agreement, FCI will make Q TV's programming available via FCI's uplink to the Intelsat America 7 satellite. FCI also will produce long-term Q TV programming, including a three-hour live weeknight block consisting of a talk show, news program and sports show, in addition to a biography series and various other programming. FCI is a privately held media and communications company based in Dallas-Fort Worth, Texas.
The Q TV agreement illustrates the breadth of services and expertise that FCI offers television networks requiring full-service, network origination and production capabilities. Although based in California, Q TV sought a media and communications partner able to provide a state-of-the-art digital teleport for satellite uplink and master control, in addition to a fully functional creative and production facility and staff. FCI will produce and uplink Q TV's original programming and live broadcasts from its two on-site production and broadcast studios and master control facility. Q TV also will rely on FCI's creative team for branding services, including interstitial and promotions.
Due to the large scope of on-site program production services FCI will coordinate on behalf of Q TV, FCI is currently hiring additional production staff. Additionally, Q TV is casting acting talent from the Dallas/Fort Worth area to accommodate their programming needs.
"Firestone Communications' high-tech facility, full-service production capabilities and experienced leadership team provides our network with the expertise and reliability we need as our network expands into new markets across the country," said Frank Olsen, President and CEO of Q Television Network. "Firestone's facility provides all the services we need under one roof. We were looking for better ways to uplink our network and were pleased to learn about Firestone's diverse expertise and broad service offerings. Firestone provides an excellent environment for program production, origination and distribution due to the efficiencies found with their economies of scale."
FCI provides its clients with access to cable and satellite audiences with its 24/7 network origination facility. Origination is one of FCI's core services, providing master control and delivery of video programming using an optimal combination of high-performance fiber optic, satellite, Internet protocol, and conventional delivery methods to reach television, cable and satellite audiences.
"Our agreement with Q TV is a milestone event and further represents the wide range of services and expertise we provide television networks of all sizes and reach," said Leonard Firestone, Chairman and CEO of Firestone Communications. Michael Fletcher, President, of FCI added, "Signing Q TV for network origination and production services is a great example of how FCI can help companies manage costs without compromising quality of service. Our leadership team is comprised of industry veterans and our customers appreciate our hands-on approach to helping them achieve their objectives."
The addition of Q TV to FCI's client roster further exemplifies the customized package of services it provides to both commercial and corporate production companies. ˇSorpresa!, FCI's own all-Spanish children's network, originates from the FCI facility and has carriage deals in place on Cablevision, Comcast, Cox, Time Warner Cable, and the National Cable TV Cooperative. America One Television Network relies on FCI for its master control play out and C-band satellite uplink services. America One is a 24-hour broadcast network that provides Western, equestrian, and homeland values programming to over 20 million households via 123 broadcast affiliate stations located in 40 states. The Sound Track Channel, an entertainment network now available in 40 countries, signed a 10-year network origination agreement through which FCI makes STC's programming available to U.S. and foreign cable operators via FCI's uplink to the Intelsat America 7 satellite.
The FCI Operations Center is an FCC-licensed earth station, with uplink digital master control, and automated trafficking systems. The C-band satellite uplink is capable of transmitting multiple signals, high-quality broadcast feeds and multiple stereo audio channels in a PowerVue Plus format. The Production Systems features Avid media composers, Final Cut Pro, Adobe Graphics After Effects System, 3DS Max 3D graphics, off-line editing systems and Betacam SX and Digital Betacam, Betacam SP, and other tape formats. Additionally, Firestone has installed Sea Change Media Servers, Sundance Automation equipment, and VCI STARS II+.
About Q Television Network: A wholly-owned subsidiary of Triangle Multi Media, Q 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.
Firestone Communications, Inc., is a privately held media company based in Dallas-Ft. Worth, Texas. More can be learned about Firestone Communications by visiting the company website at www.firestoneinc.com. The company launched ˇSORPRESA! as its first digital channel offering which is available on Cablevision, Comcast, Cox, Time Warner, and The National Cable TV Cooperative. The company's Board of Directors include Peter Lund, former President and Chief Executive Officer, CBS Corp.; and Raymond Mason, former Chairman, President and CEO, Charter Group.
I had a bad day trading(lost money) and I needed a boost so I went to RCN's website and looked at the channel lineups and after seeing Q television network I am very pleased with My investment. when I first bought QBID awhile back IT WAS STILL ONLY A DREAM.
now it IS A REALITY, We are on the air. the potential of this stock gives Me a rush when thinking about it. I dont know how long it will take but 2, 3, 5, years? to get to .25 or .50 thats all I need with 915K shares Id be very happy.
posted
TRIANGLE RADIO'S PRESIDENT RESIGNS TO GO WITH INTERNET PART OF COMPANY
(September 2, 1999 7:06am) Triangle Broadcasting Company Inc. (OTCBB:GAAY) President Frank Olsen announced his resignation as chief executive officer and president of Triangle Broadcasting Co. Inc. effective immediately. Olsen stated that Triangle is in a perfect position to grow with its equity holdings in Television programming, its growing interactive radio network, ownership in an Internet game business and the Triangle Radio Network's new relationship with Global Media and its E-Commerce solution. "It's time for me to take the next step," Olsen said. "I'll be moving over to become chief executive officer of Triangle Multi-Media, formerly ITHC, a company which focuses on general audiences, and I look forward to the new challenge." Olsen added, however, that it was his intention to push the consolidation of Triangle Broadcasting and Triangle Multi-Media Ltd. " The reason for my change is to find the additional capital necessary to build a gay network combining Television, Radio, and the Internet, keeping in mind that the Simmons Research Report shows a six billion dollar a year disposable income within the gay community. Advertisers such as American Express, IBM, Calvin Klein, and Levi Strauss recognize such a market."
posted
potential is priceless. try 300k today at .003 no fill. anyhow, this from another board Okay...call me an ******* but I wanted to call the Q for clarification on the OS/AS issue just so we are all on the same page. Olsen picked up the phone which surprised me...usually Troy answers the phone. But here is what he told me... There is 9.5 Billion shares in the float. PLUS 6 Billion held by Institutions as security against agreements. QBID has five years to buyback those shares if they choose to do so. The total OS is 15.5 Billion shares of which Frank Olsen owns 53% of or 8,215,000,000. That leaves 7,285,000,000 in the float. After the buyback is complete the float will be reduced to 6,285,000,000. I'm sorry for my earlier calculations...I was wrong. But atleast now we have the actual numbers. As punishment for calling the Q I will call my local cable carrier (again) and request QTN. Hope this helps
[This message has been edited by tqn (edited October 29, 2004).]
IN JULY TO SEPTEMBER, FRANK OLSEN ISSUES ANOTHER 6 BILLION SHARES. ON TOP OF THAT, HE AUTHORIZES 50-BILLION MORE.
GRAND TOTAL 71-BILLION SHARES.
NOW AFTER SECRETLY ISSUEING ANOTHER 56-BILLION SHARES, HE ANNOUNCES A BUYBACK.
FURTHER, FRANK SAYS HE OWNS 53% OF QBID.
WHEN FRANK SAYS THE STOCKHOLDERS VOTED, 53% VOTED WHICH IS HIM. WHEN HE ISSUES PR, HE'S ACCOUNTABLE TO THE 53% AND NO ONE ELSE.
PER FRANK OLSEN, QBID WILL BE PROFITABLE IN THE YEAR. JUST LIKE THE ACCOUNTING FIRM HE HIRED BACK IN 2000 TO GET OFF THE PINKS, HE PROCLAIMS THIS AGAIN AND WILL BE COMPLETED IN 6-12 MONTHS.
40,000 SUBS? WHERE? WHAT HAPPENED TO THE 50,000 INQUIRIES HE HANDLED AS WELL AS THE 100,000 PHONE HOTLINE CALLS? IF FRANK HAS ALL THESE ADVERTISERS AND CABLE COMPANIES BEATING DOWN THE DOORS FOR THE HOTTEST THING IN TV SINCE LEAVE IT TO BEAVER, THEN WHY THE RE-ISSUE OF ALL THE SHARES? 500-ZILLION DISPOSABLE INCOME YOU TOUT FRANK BUT YET YOU KEEP ISSUING SHARES TO A WHOPPING 71-BILLION AND IN THE SAME BREATH, TELL US ABOUT HOW "Q IS ON THE MOVE" AND HOW "WATCH NEXT WEEK" AND ALL THIS MONEY, ETC.ETC.ETC. BUT YOU AINT GOT SQUAT.
WITH 71-BILLION SHARES, LET ME GUESS, THE PPS WILL FLY EVEN THOUGH FRANK HAS PROMISED "NO ROLL BACK OR SPLIT WILL TAKE PLACE AS LONG AS I'M ASSOCIATED WITH THE COMPANY."
SO NO ROLL BACK OR SPLIT AND WHAT; OH I KNOW, FRANK IS GOING TO BUY BACK 60-BILLION OR MORE SHARES. <CAN'T HELP BUT LAUGH TO MYSELF ON THIS ONE>
GEE: "THERE IS NO BUSINESS OR ECONOMIC REASON FOR THE CURRENT SHARE PRICE" <LAUGHING SOME MORE>
posted
If float is 9.5 b then why did you state it to be 7.3 b?
That don't add up. If frank owns 8.3 billion and institutions own 6 billion then that leaves 1.2 billion float???? because restrict and Frank shares are not part of Float just O/S. The example you give is impossible. If the float is 9.5 billion then thats the float period. Someone is feeding crap here. If frank owns 53% and theres 6 billion restricted then that means the O/S has to be over 25 billion at least. 53% Franks shares (10.7b using 9.5 b float only) + 9.5 b float + 6 b restricted is at least more then 26 billion using simple math. That also assumes the 6 billion restricted is not part of the 53% Franks talking about. If the 6 billion is figured in Franks shares then the O/S is over 32b.
You can't spin that. Float is Float and restricted and Franks shares are not apart of float. And if your telling the truth about calling Frank then Frank lied. Either way someone is telling a fib here. By the way, Frank said 60% of buyback was already done so that is already in the O/S and float which means 400,000 is all that left to come off the above numbers.
Ric
quote:Originally posted by tqn: potential is priceless. try 300k today at .003 no fill. anyhow, this from another board Okay...call me an ******* but I wanted to call the Q for clarification on the OS/AS issue just so we are all on the same page. Olsen picked up the phone which surprised me...usually Troy answers the phone. But here is what he told me... There is 9.5 Billion shares in the float. PLUS 6 Billion held by Institutions as security against agreements. QBID has five years to buyback those shares if they choose to do so. The total OS is 15.5 Billion shares of which Frank Olsen owns 53% of or 8,215,000,000. That leaves 7,285,000,000 in the float. After the buyback is complete the float will be reduced to 6,285,000,000. I'm sorry for my earlier calculations...I was wrong. But atleast now we have the actual numbers. As punishment for calling the Q I will call my local cable carrier (again) and request QTN. Hope this helps
[This message has been edited by tqn (edited October 29, 2004).]
[This message has been edited by Ric (edited October 29, 2004).]
Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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quote:Originally posted by Ric: If float is 9.5 b then why did you state it to be 7.3 b?
That don't add up. If frank owns 8.3 billion and institutions own 6 billion then that leaves 1.2 billion float???? because restrict and Frank shares are not part of Float just O/S. The example you give is impossible. If the float is 9.5 billion then thats the float period. Someone is feeding crap here. If frank owns 53% and theres 6 billion restricted then that means the O/S has to be over 25 billion at least. 53% Franks shares (10.7b using 9.5 b float only) + 9.5 b float + 6 b restricted is at least more then 26 billion using simple math. That also assumes the 6 billion restricted is not part of the 53% Franks talking about.
Ric
[This message has been edited by Ric (edited October 29, 2004).]
Ric!
The float is anything not held by institutions & insiders. I can live with 9.5 billion & Frank owning 53% because institutions do not own that much,,,
[[["YET"]]].
The only number that's important right now is the float & 9.5 billion is much more managable than people think. Further more the buyback will have to eliminate shares from the float so it gets more reasonable. If nothing else we will always be a very liquid stock which is more important to me than O/S. What's the sense of owning a stock worth a dollar a share that you can't sell because if it's not liquid MMs easily manipulate it to the extent that they dictate whether you can even sell it let alone what you can get for it! I'm not saying some manipulation isn't happening now but it's highly over rated in my humble oppinion.
For some reason I'm just not concerned about O/S. I'm more concerned with people's perception of it being negative. I wish Frank would see this & understand that ambiguity is worse than the simple truth & give us rock solid numbers in print once that's done manipulation is much harder to accomplish because there's no fear of the unknown.
Regardless what A/S, O/S & Float are I'm accumulating.
Wasn't really trying to stress O/S. Your right Float is the important number that determines how easily the pps can move. Was just stating the math was wrong only. Thats all. And your also right if the O/S and float was clearly stated then we would have these difference in calculations.
Ric
[This message has been edited by Ric (edited October 29, 2004).]
Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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