Wednesday, December 08, 2004 Regarding Rumors of Q Television Being Sold - Quote from Frank Olsem
Regarding the rumors about Q Television Network being sold, here is a direct quote from the President and CEO, Mr. Frank Olsen:
“I want to take a moment to let our valued shareholders know that Q Television Network is not for sale. We have been approached by many arbitrage companies that are feeding on this rumor, and I want to let you all know this is not the case. The board and I all feel at this stage in Q’s existence it would be irresponsible to our shareholders to sell because the network is completely undervalued, no premium offers over our current price can properly reflect the potential value of our company. For the good will of our shareholders, we will not even entertain the notion of selling until Q is the valued asset that we know it will become. I thank you for your time and patience, and wish you all a very happy holiday season.”
OK Frank! I hear you but here's what I see coming,,,, ...................................................................
Viacom knows th G/L community will not pay good money for the type of programing they offer. This demographic is working with $600 Billion Dollars of Discretionary income for a reason. Their numbers tend to be much better educated than than any other segment of society or minority. Viacom's Sumner Redstone wants to get in on the gold rush & he knows that MTV's form of programing is unlikely to attract & hold this customer. MTV has made a mint by programing in such a way as not to challenge their audience on a cognitive level. Viacom may never launch LOGO,,,unless they buy QBID!
Frank has a history of developing & selling media companies. That's what he's doing now!!!! He may not say it but he will sell. When he has said there will be no reverse split as long as I'm a part of this company he's not saying there will never be a reverse split. He's saying it will not occur while he's the owner! He doesn't care about O/S. He simply cares about owning controlling interest. $3.80 a share for 1.5 billion shares is the same as .38 a share for 15 billion shares.
Frank has said this will be worth about $5 Billion in 5 years. I guarantee you he will not own this 5 years from now. Frank will sell the whole thing for approximately $6 billion in less than two years. Viacom's first bid will be about .24! They'll settle at .38
quote:Originally posted by bill1352: Bob Frey Member posted December 08, 2004 11:29
Bill...were you by chance in the qtelevision chat room the same time that you were on allstocks.com?? The java plug-in will show up if you are in qbids chat room...
quote:Originally posted by yuhoo22: Does this news mean that we're screwed? I don't see too much of an uptrend since I bought in at 0.0077
Where are the green days?
If you feel screwed, then you are screwed!! NO YOU ARE NOT SCREWED: Just a bit of a rest before another run. IMO you should use this time to buy more to average down. If you don't buy more and the run comes (and it will) then you will feel screwed because you did not buy more. Most of us are here for the long run and as I have said before I orginally bought in at 0.0181 and used lows to average down to 0.0035. QBID will run and will rocket and we will make millions. So being screwed in Qbid is "only" a state of mind and "not" a reality. GO QBID!!!!!! Bring On The Green"
------------------ "If We Agree To Disagree, Then We Can Remain friends"
posted
Hey all, new to the QBID thread. QBID looks good to play the bounces on. Resistance seems to be at .0027. RSI is showing overbought conditions. Way over its 50 MA, both the slow and fast stoch are in retreat. The fast might be bottoming out...I am guessing when this hits about .0025-.0028 it would be a good time to buy. What do you guys think?
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posted
look at this conversation he is having with himself what a moron
<**TheWiseOne1**> HEY FRANK TELL THEM WHAT YOU TOLD ME <**TheWiseOne1**> FRANK DOG GOT YOUR BEER...TIMER WARNER 20 TH OR BEFORE <FRANK OLSEN> OK <FRANK OLSEN> CALL ME <**TheWiseOne1**> Frank willl you forget to put the #'s in your buy back REPORT... <**TheWiseOne1**> ARE YOU ARE EXT 201 AND I WILL <**TheWiseOne1**> THAT WOULD BE 1-760-323-4455 EXT 201 CORRECT <FRANK OLSEN> YES <**TheWiseOne1**> OK [Wed Dec 08 20:36:43 EST 2004] stanlee <**TheWiseOne1**> PHONES RINGING PICK IT UP PLESE <FRANK OLSEN> I AM ON THE OTHER LINE <FRANK OLSEN> WITH RENE [Wed Dec 08 20:38:30 EST 2004] sam <**TheWiseOne1**> WHAT LINE WOULD THAT BE...hey and I'm talking to redstone summer with viacom [Wed Dec 08 20:39:41 EST 2004] bob <FRANK OLSEN> EXT 202 <**TheWiseOne1**> I left a message that I think frank and staff are doing a great job.. <**TheWiseOne1**> lol
posted
Close at .05 on Monday...IF PR states buyback is complete EOD Friday.....the bashers want low prices to buy, run then dump....and so do all! LOL!!
posted
drink, this is still probably the best board for Q....people in chat, midweek, etc...sorta slow right now, but probably still the best for charts, interpretation, etc....
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Place your buy orders now. .0080 is now 100%!
But lets not even look at that for a moment.
6 Straight days of dropping. I have not once recommended a buy within those days. Now I am. Remember what I have always preached, Don't buy high, buy low. Keep buying as it drops, not as it rises unless your willing to take your loss. I think we can consider QBID being "low" right now.
Lets say you placed an order at .0041 tomorrow. And I'm not talking a few hundred dollars, I'm talking thousands. Sell it at .0049 for a nice 20% gain. Might not do it tomorrow, but it sure will do it eventually.
Good luck, I won't be around all day tomorrow.
it's a matter of time. Let the weak hands sell because they are the ones giving us this sale price.
quote:Originally posted by 1BigTip: Place your buy orders now. .0080 is now 100%!
But lets not even look at that for a moment.
6 Straight days of dropping. I have not once recommended a buy within those days. Now I am. Remember what I have always preached, Don't buy high, buy low. Keep buying as it drops, not as it rises unless your willing to take your loss. I think we can consider QBID being "low" right now.
Lets say you placed an order at .0041 tomorrow. And I'm not talking a few hundred dollars, I'm talking thousands. Sell it at .0049 for a nice 20% gain. Might not do it tomorrow, but it sure will do it eventually.
Good luck, I won't be around all day tomorrow.
it's a matter of time. Let the weak hands sell because they are the ones giving us this sale price.
posted
Who's charts are you looking at. You better hit refresh or something. Don't you think that people would look at RSI for themselves or do you expect people to blindly follow you. RSI is at 49. We are sitting on top of 50 MA. The only thing you said right is Fast stock is getting ready to hit bottom, which means it is going to turn. And bottom is no where near .0027. You either need to get glasses or quit bashing in here. To many people know too much to fall for this bunch of lies. People in this room do there own dd.
Ric
QUOTE]Originally posted by netsec: Hey all, new to the QBID thread. QBID looks good to play the bounces on. Resistance seems to be at .0027. RSI is showing overbought conditions. Way over its 50 MA, both the slow and fast stoch are in retreat. The fast might be bottoming out...I am guessing when this hits about .0025-.0028 it would be a good time to buy. What do you guys think?[/QUOTE]
[This message has been edited by Ric (edited December 09, 2004).]
GREAT POSTS ONE BIG AND RIC. I AM LOCKED AND LOADED FOR A NICE RUN. SHOULD BE AN EXCITING DAY. I HAD A DREAM THAT FRANK ANNOUNCED BUY BACK EARLY AND HE BOUGHT BACVK 10% INSTEAD OF 2%. WHAT A DREAM. LOL
quote:Originally posted by realityinc21: GOOD MORNING ALL,
GREAT POSTS ONE BIG AND RIC. I AM LOCKED AND LOADED FOR A NICE RUN. SHOULD BE AN EXCITING DAY. I HAD A DREAM THAT FRANK ANNOUNCED BUY BACK EARLY AND HE BOUGHT BACVK 10% INSTEAD OF 2%. WHAT A DREAM. LOL
Diana - are you thinking there will be a run today or consolidation with a new base?
Website is looking better and better. Q's name is getting out to the GLBT community more and more. "The Network of the Gay Games" contract is HUGE, and giving us Great exposure.
Things are shaping up nicely folks. Looking for a green day today.
posted
Q Television Network Announces Plans for the Chicago Gay Games Business Wire - December 09, 2004 09:00
PALM SPRINGS, Calif., Dec 9, 2004 (BUSINESS WIRE) -- Q Television Network, (Pink Sheets: QBID) today released additional details of the landmark deal signed last week with the Chicago organizers of Gay Games VII. Under the terms of the contract, Gay Games VII television, radio and Internet broadcast rights are granted under the provision that Q will be available in 150 markets by July of 2006.
Q Television is a pay station, and currently only subscribers in the Boston, New York and San Francisco area can view the network via channel 255 on RCN digital. In addition to significant market expansion over the next 19 months, and in order to reach a significantly larger market during Gay Games VII, Q Television Network will be unscrambled during the 8 day sports and cultural festival. Such broad television coverage has never been available in the history of the Gay Games(R).
It is Q Television's intent to have its signal up linked not only for the national audience, but also for an international audience. Q Television is currently in negotiation with television stations for the redistribution of its signal internationally. In addition to the negotiations, Q has arranged for its signal to be rebroadcast with a bundled foreign network, thus making the games available world wide.
"Partnering with the Gay Games for all media outlets, including the Internet, is a feather in the hat of Q Television," said Frank Olsen, President and CEO of Q Television Network. "The Gay Games is an event that should be available for all the world to see and we are in negotiations to make our signal available to do just that."
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. For further information on programming and subscriptions, please visit www.qtelevision.com.
About Gay Games VII
Gay Games VII Sports and Cultural Festival will take place 15-22 July 2006. Over 12,000 athletes from more than 100 countries will compete in 30 sports ranging from softball to ******port, swimming to tennis. The weeklong event will include an arts festival, band, cheerleading and chorus performances, and a series of community-organized social events and parties. The opening ceremony is scheduled for 15 July at Soldier Field, the lakefront home stadium of American-style football's Chicago Bears. Closing ceremony will be 22 July at Wrigley Field, the home of Major League Baseball's Chicago Cubs, located in the heart of Chicago's largest LGBT neighborhood. Athletes and artists can register now for Gay Games VII and receive early registration discounts at GayGamesChicago.org.
About The Gay Games
The Gay Games was conceived by Dr. Tom Waddell, an Olympic decathlete, and was first held in San Francisco in 1982 with 1,350 participants. Subsequent Gay Games have been held in San Francisco (1986; 3,500 participants), Vancouver (1990; 7,300 participants), New York (1994; 12,500 participants), Amsterdam (1998; 13,000 participants), and Sydney (2002; 11,000 participants). The Federation of Gay Games is the international governing body that perpetuates the quadrennial Gay Games and promotes the event's founding principles of participation, inclusion, and personal best. For more information, visit GayGames.org.
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.
Gay Games(R) is a registered trademark of the Federation of Gay Games.
SOURCE: Q Television Network
CWR & Partners, LLP Ronnie Welch, 508-222-4802 Ronnie@cwrpartners.com
quote:Originally posted by Clyde Crashcup: Diana - are you thinking there will be a run today or consolidation with a new base?
Mark
I THINK IT COULD BE EITHER OR. I BELIEVE I HAVE SEEN CONSOLIDATION AT .004 AND .0041. SEEMED LIKE MANY MORE AND LARGER BUYS AND SMALLER SELLS THRU OUT THE LAST FEW DAYS. IN THE CONSOLIDATION PROCESS A NEW BASE OF .004 HAS BEEN SET. IMHO GREAT NEWS THROWS OUT ALL DD. LOL
posted
Gonna get some more next week..I promise!! Gotta put some more funds in.Anyway,I've got some Syrian people buying Q now...they own a few buildings here in Fl.Well we got to talking about wise investments(land & houses)to make it short;he said he also trades stock.Well since July all he ever talks about is the Q stock.This man has very big pockets,as well as his family.Go Q!!!
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GREAT NEWS THROWS OUT ALL DD. LOL
