-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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I am throwing out some ideas for the next thread header.
-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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posted
Quit using explorer for boards. Either use AVANT for Allstocks and Firefox for others. I like AVANT better because it uses some of IE features, Firefox is a kin to Netscape.
quote:Originally posted by permanentjaun: OT - Quick question, does anyone else have any problems with Allstocks? When I come here it will sometimes freeze up my internet explorer and I have to close it completely. Happens quite often and it usually works after I close it down and reboot IE. Anyone else having difficulty? Matt
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
My first time posting on the Q thread. The Q new press release caught my eye when i came across it.
Going by the tone of the press release and reading through a lot of the Q DD on Allstocks I would say that Q couldn't get any big carries in the US so they are trying to get in the back door (sorry for the pun) so to speak. By buying a Canadian broadcasting company licenesed by the CRTC not only are they able to broadcast legally but they already have a user base from which to start and grow upon. Canadian broadcasting is available to many US satelite providers and is carried in my US states (check out Dish and DTV). I am going out on a limb here to say that IF they can pull it off its a gutsy move that should pay off in the long run.
Now saying all that I do have some problems with this:
1. Where is Q getting the money to by Pride? Dilution? I have been watching the steady down tick of this stock, and some here would like to say it is newbies or daytraders getting nervous but couldn't it be Q diluting to raise more money? This would be the most logical answer to me given the history of pink stock companies (and no, Q isn't different right now, if and when it gets off the pink sheets, then I will say yes, it is different) 2. Some on this board think Q can but Pride of a few paltry million dollars. Let me understand something here...Pride has already "launched" they have been "launched" since 2000, they already have one of the biggest carries in Canada broadcasting for them and you think Q is going to buy them for, what, $1-5million? If you think that is true how can you honestly believe Q is worth anymore than Pride...like I said before, Pride already "launched". They were the first. If you are going to value Pride at a few million bucks Q isn't that far ahead or behind that dollar amount as a company.
To bad this is a pink stock. If this was on a big board a PR such as the one they released would of put this company on the radar for many, many investors.
OTTAWA — The head of PrideVision TV, Canada's gay-television channel, is caught in a bitter divorce battle with his ex-wife that could cost him control of the network. Twelve years ago, Bill Craig was a onetime CRTC staffer turned entrepreneur who lived with his wife and two children. Now, after setting up successful businesses in Bermuda, and a failed webcaster in Canada, he's in a seven-year-long same-sex relationship and is trying to rebuild the gay-TV channel he runs.
But this week, a $1.4-million debt owed to his ex-wife, Sally Craig, as part of their divorce settlement caught up with him. An Ontario Superior Court judge ordered a receiver be appointed over his income and his assets -- which consist mostly of his shares in PrideVision.
"This is classic War of the Roses stuff," Mr. Craig said in a telephone interview in Toronto, likening the court battle to the 1989 movie in which a couple played by actors Michael Douglas and Kathleen Turner engage in a bitter postdivorce fight over their house that ends up killing them both.
Mr. Craig and his ex-wife Sally, married for 19 years, separated in 1993.
Although he now makes $120,000 a year from a numbered company, Madam Justice Nancy Backhouse expressed skepticism that Sally Craig would be able to collect the money she is owed out of that income, paid through a numbered company.
She ordered a receiver to take control of Mr. Craig's income and assets, which he listed as a 2000 Jeep, the potential proceeds from a lawsuit filed in Bermuda, and his 24-per-cent controlling stake in PrideVision.
Mr. Craig said that if a receiver moves to sell his shares, they won't be worth much now. And the sale would also prompt the resignation of the executive leading the channel's turnaround plan -- namely, him.
"They're welcome to liquidate it [the controlling stake.] At the moment it's losing money," Mr. Craig said in an interview. "It'd be kind of a dumb thing to do."
"The alternative is to leave it in place, and to let it come to fruition, and let it evolve into an enterprise that can support my wife's needs."
Mr. Craig said that his backers would remain in control of the company if his shares are sold, because a shareholders agreement guarantees them approval of a new shareholder.
But the uncertainty may be coming at exactly the wrong time. Mr. Craig's plans include a relaunch of the station lower down the dial as soon as next month, which could quickly boost its value.
Backed by a group of investors, Mr. Craig stepped in as a so-called white knight last year to buy money-losing PrideVision for $1.4-million, plus taking on $1.1-million in the company's existing debt.
Critics like gay-culture columnist Richard Burnett had by then begun to pan the channel for drifting to a mix of reruns, workout shows, and nighttime porn.
Mr. Craig said his efforts to turn the company around include a new licence and deals with cable distributors that will next month move the channel into bundles where it will be sold as part of a cable package with other stations, winning a bigger subscriber base.
PrideVision is renaming its main channel Out TV for inclusion into regular-grid bundles, and has obtained a licence to operate another channel, to be called Hard.
Mr. Craig's best-known legal battle came in 1999 when he launched the ill-fated ICraveTV.com, a website that grabbed the signals of television in Toronto and streamed them over the Internet.
ICraveTV was deluged with legal threats. Mr. Craig eventually gave up, deciding the technology was not working, anyway.
Posts: 4363 | From: waldorf,maryland,USA | Registered: Mar 2004
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"Mr. Craig said his efforts to turn the company around include a new licence and deals with cable distributors that will next month move the channel into bundles where it will be sold as part of a cable package with other stations, winning a bigger subscriber base."
quote:Originally posted by mydogsky: 2. Some on this board think Q can but Pride of a few paltry million dollars. Let me understand something here...Pride has already "launched" they have been "launched" since 2000, they already have one of the biggest carries in Canada broadcasting for them and you think Q is going to buy them for, what, $1-5million? If you think that is true how can you honestly believe Q is worth anymore than Pride...like I said before, Pride already "launched". They were the first. If you are going to value Pride at a few million bucks Q isn't that far ahead or behind that dollar amount as a company.
We can assume Q can do this because of the quote right here from the article. "Backed by a group of investors, Mr. Craig stepped in as a so-called white knight last year to buy money-losing PrideVision for $1.4-million, plus taking on $1.1-million in the company's existing debt. "
Pridevision was losing money and Mr. Craig picked up the company for only 2.5 million. Now that he may be ordered to sell the company then the price may be even lower for Q. If you want/need to get rid of something quick then lower the price.
Something I think is worth thinking about is who would benefit from purchasing Pridevision? LOGO already has enough ins and assets to produce their channel. Here! already has the Dish Network. Do they need Pridevisions other assets?
QTN seems like company that would benefit the most from a Pridevision purchase. Only other competition would be a person such as Mr. Craig who took it upon themselves to try to salvage the company. I have a good feeling that we will acquire Pridevision. Matt
Posts: 1504 | Registered: Sep 2004
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quote:Originally posted by Ric: Quit using explorer for boards. Either use AVANT for Allstocks and Firefox for others. I like AVANT better because it uses some of IE features, Firefox is a kin to Netscape.
IE works fine with IHUB. Allstocks is literally the only website with this problem. I also have ran adaware and Microsofts more intensive program for Windows XP. It wasn't always like this though. I'll deal with it I suppose. Matt
Posts: 1504 | Registered: Sep 2004
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quote:Originally posted by mydogsky: 2. Some on this board think Q can but Pride of a few paltry million dollars. Let me understand something here...Pride has already "launched" they have been "launched" since 2000, they already have one of the biggest carries in Canada broadcasting for them and you think Q is going to buy them for, what, $1-5million? If you think that is true how can you honestly believe Q is worth anymore than Pride...like I said before, Pride already "launched". They were the first. If you are going to value Pride at a few million bucks Q isn't that far ahead or behind that dollar amount as a company.
We can assume Q can do this because of the quote right here from the article. "Backed by a group of investors, Mr. Craig stepped in as a so-called white knight last year to buy money-losing PrideVision for $1.4-million, plus taking on $1.1-million in the company's existing debt. "
Pridevision was losing money and Mr. Craig picked up the company for only 2.5 million. Now that he may be ordered to sell the company then the price may be even lower for Q. If you want/need to get rid of something quick then lower the price.
Something I think is worth thinking about is who would benefit from purchasing Pridevision? LOGO already has enough ins and assets to produce their channel. Here! already has the Dish Network. Do they need Pridevisions other assets?
QTN seems like company that would benefit the most from a Pridevision purchase. Only other competition would be a person such as Mr. Craig who took it upon themselves to try to salvage the company. I have a good feeling that we will acquire Pridevision. Matt
posted
Anyone want to contemplate why the PR isn't on qtelevision.com? I don't think I've received it in email format either. Whats the deal? Matt
Posts: 1504 | Registered: Sep 2004
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posted
True. Just wondering about it. Someone could have posted it online before turning off the lights for the weekend. Matt
Posts: 1504 | Registered: Sep 2004
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posted
March 18, 2005 Q TV Network Makes Bid on Pride Vision TV By Jon Lafayette Q Television Network said Friday it has made an offer to purchase Pride Vision TV. Both networks serve the gay, lesbian, bisexual and transgender market.
Story continues below...
"By acquiring Pride Vision, Q would be able to cut its expenses down on all of its programming costs," said Frank Olsen, president and CEO of Q Television Network, in a statement.
Viacom plans to enter the GLBT market with its new channel Logo.
Posted in TVWEEK.com
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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quote:Originally posted by permanentjaun: True. Just wondering about it. Someone could have posted it online before turning off the lights for the weekend. Matt
Probably they leave early on Friday, its Spring Break in Palm Springs also Gay Pride Easter Party Time. Its cold in Palm Springs today, overcast but the partiers continue.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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quote:Originally posted by permanentjaun: OT - Quick question, does anyone else have any problems with Allstocks? When I come here it will sometimes freeze up my internet explorer and I have to close it completely. Happens quite often and it usually works after I close it down and reboot IE. Anyone else having difficulty? Matt
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
bear this thread doesnt disappear when we start a new thread it just gets locked and no more posting to it. you can book mark this thread in your favorites and return to it any time you want. this will be here for years to come.
Rod
quote:Originally posted by Bearclaw: It would be nice for me if a new thread was not started...There is plenty of DD on this thread and I would like any and all info I can get as this stock changes... If you do start a new thread is it possible to transfer the DD to the new one? If not please keep this one for a while longer...Thanks
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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first of all i thought about the idea of the dilution.
but if you go to the Investor relations board they specifically say they are not diluting the stock. and that they feel that the numbers that where presented to us last October in the conference call are still accurate figures.
they also have announced that they are listed on the berlin exchnge against thier will and they are working on correcting this. We all know what the berlin exchange can do to any stock. they stated that they have been listed there since dec 14 last year. The fact that the company informed us of it rather then us finding it, instills confidence in the company. It was asked of the invester relation board if it was found as a result of the auditors trying to get the share structure sorted out. they said yes.
so if you choose to believe the company, then the dilution theory is not making sences.
now as far as the money goes. look back on Whiznocks posts, he makes perfect sence that they just finished a buyback of a billion shares costing them roughly 4 million dollars. They would not spend every dollar they have on this buyback and therefor would have a reserve of money in the 6 million dollar area. This Pride aquisition is partly due to a a divorce hearing and it would not surprise me if we end up pick up the company for pennies on the dollar to settle the divorce.
2 they are not going to buy the entire company for 1-5 million dollars. they are going to buy out William Craigs controling interest in the company which will give them control over the company. William Craig owns 24% of pride and has the controling majority of the company. the other 75% of the company is made up of a bunch of small private investors. William Craigs 24% of the company is only worth 1.4 million according to the court dockets as the company is in the midst of a restructuring that is not done till April when the new channel starts to air. So yes we are going to buy out this company for a couple million with no major problems in my opinion. now as far as the worth of Pride you have to remember up till now they have only been catering to the Canadian market. there are only 30 million people in Canada and pride had 175,000 subscribers. Q is going to be much more valueable as they have 40 times the market then Canada has. There is a 600 billion dollar expendable cash in the target audience in the US as opposed to very small canadian market. So ya i feel that Q aquiring this company is both sensible and appropriate and going to be very proffitable.
I hope i have answered your questions in a respectable manner, and I'm sure that there is much more that can be added to this by some of the other respectabe Co investers of mine on this board.
thanks for asking some great questions and please feel free to ask anything else that may concern you
Rodney
quote:Originally posted by mydogsky: My first time posting on the Q thread. The Q new press release caught my eye when i came across it.
Going by the tone of the press release and reading through a lot of the Q DD on Allstocks I would say that Q couldn't get any big carries in the US so they are trying to get in the back door (sorry for the pun) so to speak. By buying a Canadian broadcasting company licenesed by the CRTC not only are they able to broadcast legally but they already have a user base from which to start and grow upon. Canadian broadcasting is available to many US satelite providers and is carried in my US states (check out Dish and DTV). I am going out on a limb here to say that IF they can pull it off its a gutsy move that should pay off in the long run.
Now saying all that I do have some problems with this:
1. Where is Q getting the money to by Pride? Dilution? I have been watching the steady down tick of this stock, and some here would like to say it is newbies or daytraders getting nervous but couldn't it be Q diluting to raise more money? This would be the most logical answer to me given the history of pink stock companies (and no, Q isn't different right now, if and when it gets off the pink sheets, then I will say yes, it is different) 2. Some on this board think Q can but Pride of a few paltry million dollars. Let me understand something here...Pride has already "launched" they have been "launched" since 2000, they already have one of the biggest carries in Canada broadcasting for them and you think Q is going to buy them for, what, $1-5million? If you think that is true how can you honestly believe Q is worth anymore than Pride...like I said before, Pride already "launched". They were the first. If you are going to value Pride at a few million bucks Q isn't that far ahead or behind that dollar amount as a company.
To bad this is a pink stock. If this was on a big board a PR such as the one they released would of put this company on the radar for many, many investors.
Looking for answers.
dog
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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any how as you can all tell im happy with the latest news.
Just wanted to say that so far this weekend everyone has handled themselves respectable with any nay sayers here, the key is not to get to worked up, but rather to answer in a polite manner. By doing this we are distinguishing ourselves from other boards that get right off the wall with the fighting and bickering.
lets keep up the good work. and we may have to talk about drinks and diapers and such. I think it TNQ on thursday night mentioned how we have not talked about these things, and what do you know the very next day the stock takes off.
there may be something to that strategy lol
but it may just be a coincidence.
Rod
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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quote:Originally posted by Penny-Trader: figures i scares everyone off lol
any how as you can all tell im happy with the latest news.
Just wanted to say that so far this weekend everyone has handled themselves respectable with any nay sayers here, the key is not to get to worked up, but rather to answer in a polite manner. By doing this we are distinguishing ourselves from other boards that get right off the wall with the fighting and bickering.
lets keep up the good work. and we may have to talk about drinks and diapers and such. I think it TNQ on thursday night mentioned how we have not talked about these things, and what do you know the very next day the stock takes off.
there may be something to that strategy lol
but it may just be a coincidence.
Rod
Had nothing to do with diapers!!!! We just knew that a PR was coming with some big news. Call it a "Gut" feeling or whatever in any case we got what we needed.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
i agree. i just thought it was a funny coincidence that TNQ mentioned the diapers on Thursday night.
lol
Rod
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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quote:Originally posted by Penny-Trader: i agree. i just thought it was a funny coincidence that TNQ mentioned the diapers on Thursday night.
lol
Rod
And more good news we will get soon, not sure about Monday but I would imagine soon. Remember that his offer has to be approved by the attorney's of Mr, Craig's wife and the Magistrate who has been apponited to liquidate his assets. There is no doubt that the court will settle for the highest bid. Unless Frank has worked out a deal with the former Mrs. Craig to assure her continued revenue, who knows but time will tell all. And we will make bank with the "Q" now able to broadcast in Canada and with the Direct/Dish connections into the US. Looks like the next few weeks will be very interesting to say the least.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
For pure dd I don't think they like it but usely permit it. Its when you say come over to this board its better on this stock type of thing or heres another board to check out. There are a lot of subtle pumps for prob***ds for example saying to look at this thread and when you click it talks about how mich better they are. But for pure reseach, dd, they look over it but I don't think they still like it. IMO
Still think they would rather you copy and paste post and not link.
quote:Originally posted by permanentjaun: Might want to edit that whiz. I believe you're not allowed to post links to other forums.
Thanks for pushing it along though. Matt
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
Just checking the board....Excellent post Penny-Trader.
The ball is entirely in the justice's court--bad pun.
IMO, this PR came over the Business Wire to gain the attention of other investors--not just longs.
Come to think of it, isn't that what last Saturday's release to investors stated that the IR would be doing? It is their responsibility to get the word out to new investors.
If this particular PR had gone to investors first, it could have been considered an "insider" thing.
It felt like i had insider info as the pr came out!!! I put in the buy order it filled at .0019 then it sat there for a while. then all of a sudden it started moving like the rest of the world found out latter then i did. I guess in a way they did, lol.
I read the pr that i think you originally posted and then i knew immediately that this was big, went and made my purchase and here i sit up about 40% on that purchase alone. it feels good to have bought near the bottem as opposed to on the way down. lol I think this is only the second time that i have timed my buys right.
im kinda wishing that i would have held off on my earlier buy in the middle of the week where i bought at .0022, but that is hind sight. either way im in the green on the last 400,000 shares that i bought. and that feels good. and 13 more ticks and im green on all 1.7 million. that makes me really happy.
Rod
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
Okay call it my "Gut" again but I feel that the bid for PrideVision will be accepted and we will get news of that within the next 10 days. And "QPride" will be a great deal for us who have been so patient and holding long.
Now if this does not happen, I will be the first one to admit that I was wrong.
Holding Long here and waiting for my return
Once again this is IMHO.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
hey guys sorry but im baaack.ok heres the scoop i live in nj work in ny and have a few lesbian and gay friends that i know.so it occurred to me that i maybe should mention q tv to those that particularly might find this to be a great and interesting investment.so i mentioned it to a lady freind of mine who happens to be lesbian and she basically couldnt keep herself together"how the f#*k do i get in this right now". soi explained it to her.later on after seeing her excitement my lovely mother called from way out in northern idaho.now q still being on my mind from the earlier excitement that happend i decided to ask my mom have you ever heard of a company called triangle multi media or qtv.she responded instantly saying oh yeah ive heard of them arent they in the movies or something.i was honestly very surprised that my mother would know of this company when she is not a person who reads the newspapers doesnt know a thing about the stock market or micropenny stocks for the matter and isnt that alltogether into media.she doesnt even really watch tv at all.to me this was very huge that even a person from a small town of only about 5 thousand people new about qtv.ok this is where it gets exciting as im talking to my mother a lady is shopping at my booth (i am a vendor) she stops shopping alltogether and just starts stairing at me.so i quickly hang up to assist her .she immediately apologizes to me and says "i am so sorry but please i found what you were saying so fascinating that i must know more about qtv. this lady was obviously a heterosexual person and was so excited about qtv she couldnt even think about jewelry anymore all she wanted to know was the name of qtv's website the ticker symbol how much they traded for she was litterally giddy.this lady was with a group of four other girlfreinds one of whom which works at a brokerage house.so she asks her freind i want you to place an order first thing on monday morning get me a thousands shares.i sorta laughed then explained to her you really should spend more than 30-40 bucks if keep in mind q doesnt gap up huge on monday.she felt embarressed as i already told her the price and corrected herself saying i meant a thousand dollars worth.now i realize many of you have much more than a thousand dollars worth into this but that is a hefty sum for some to lay out on a speculative pink sheet stock.but keep in mind only a few days ago one could have boughten over 500,000 shares for 1000$.all i really want to say is words out on the streets of new york about qtv , words out in northern idaho about qtv and this stock is gonna make many of us very prosperous individuals.i now have complete faith in qtv and am seriously upset withmyself for not buying more of it due to lack of funds.good luck to all of you .
sincerely noah.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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quote:Originally posted by Doctoall: Okay "Qbiddians" where do we go today?? Bought some more this morning and waiting for some great news
GO QBID!!!!!! Bring On The Green
Just want to move some of Friday's anticipation forward
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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quote:Originally posted by Doctoall: Its only 10:24 here in CA, I would not be surprised if Frank were to put out a PR before the close of market. I have a gut feeling that he is concerned about the falling PPS. Lets hope that if he does put out a PR its a good one.
Nothing to do but hold and wait and accumulate Posted March 18 2005 1024AM
And a little anticipation on my part And it was a great PR.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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Its cold in Palm Springs today, overcast but the partiers continue.
