posted
I don't think they were ever looking for anyone to take over the company anyways. That doesn't necessarily apply to the divoce situation one of the owners is in. If the email said we are not considering any offers made by those seeking to purchase pridevision, then it would be a different story. I will send the same email to them right now to see if I get the same result. Matt
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quote:Originally posted by andrewAAB: Yes... I asked them on friday "Is there any truth to the rumors that QTN has bought Pride Television?"; and that is the response they sent me. I recieved the reply today.
PrideVision may not be looking for buyers, but its not in the hands of Pridevision to make the decision regarding Mr. Craig's 24% ownership. That is the decision of the court who are acting on behalf of the former Mrs. Craig. The court is going to liquidate the 24% owner by Mr Craig to satisfy the $$ he ows her. Plain and simple the 24% that is owned by Mr. Craig is up for grabs even if the rest of Pridevision won't admit it.
GO QBID!!!!!!! Soon to be "QPRIDE"
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posted
I sent an email as well and received the same response.
PrideVision is not seeking buyers. A representative of Q Television telephoned PrideVision unsolicited last week to review possible ownership arrangements. As with any such offers, the management has a fiduciary obligation to review such matters with PrideVision owners before responding. This review is occurring. In the meantime, PrideVision is continuing to prepare for the addition of OUTtv to its service on April the 6th. We are delighted that others recognize the value of PrideVision, the world’s first gay, lesbian 24/7 television service and its great future prospects.
-----Original Message----- From: XXXX XXXXXXXX [mailto:XXXXXXXX@XXXXXX.com] Sent: Sunday, March 20, 2005 7:35 AM To: inquiries@pridevisiontv.com Subject:
Is Triangle Multimedia placing a bid to purchase Pridevision?
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quote:Originally posted by Itchy Pitts: I sent an email as well and received the same response.
PrideVision is not seeking buyers. A representative of Q Television telephoned PrideVision unsolicited last week to review possible ownership arrangements. As with any such offers, the management has a fiduciary obligation to review such matters with PrideVision owners before responding. This review is occurring. In the meantime, PrideVision is continuing to prepare for the addition of OUTtv to its service on April the 6th. We are delighted that others recognize the value of PrideVision, the world’s first gay, lesbian 24/7 television service and its great future prospects.
-----Original Message----- From: XXXX XXXXXXXX [mailto:XXXXXXXX@XXXXXX.com] Sent: Sunday, March 20, 2005 7:35 AM To: inquiries@pridevisiontv.com Subject:
Is Triangle Multimedia placing a bid to purchase Pridevision?
The person that responded to me was Lauren McDonald
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posted
Sounds like we just need the judge's approval for our proposal and its ours. The judge is going to sell to who ever offers the highest price, all she cares about is getting Mrs. Craing the best deal for the 24% ownership.
Of course Pridevision is not seeking buyers for their % of ownership, its the judge who has interest in Pridevision for sale
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quote:Originally posted by andrewAAB: Yes... I asked them on friday "Is there any truth to the rumors that QTN has bought Pride Television?"; and that is the response they sent me. I recieved the reply today.
PrideVision may not be looking for buyers, but its not in the hands of Pridevision to make the decision regarding Mr. Craig's 24% ownership. That is the decision of the court who are acting on behalf of the former Mrs. Craig. The court is going to liquidate the 24% owner by Mr Craig to satisfy the $$ he ows her. Plain and simple the 24% that is owned by Mr. Craig is up for grabs even if the rest of Pridevision won't admit it.
quote:Originally posted by Doctoall: Sounds like we just need the judge's approval for our proposal and its ours. The judge is going to sell to who ever offers the highest price, all she cares about is getting Mrs. Craing the best deal for the 24% ownership.
Of course Pridevision is not seeking buyers for their % of ownership, its the judge who has interest in Pridevision for sale
What I don't understand is who are the owners of PrideVision? Evidently, Mr. Craig is one of them making up twenty-four percent. If PrideVision is not a publicly traded company, who holds the remaining seventy-six percent?
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posted
of course pride is not looking to sell. it is part of the gcourt order to take control of Bill Craigs controling interest. the only way they will get the 1.4 million owed to the wife is to sell the controling interest. so the answer from Pride is not a lie. they are not looking to sell pride. all that is being purchased is a controling interest of pride.
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posted
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
The remaining 76% belonges to a numbered company (group of private investors).
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quote:Originally posted by Doctoall: 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
The remaining 76% belonges to a numbered company (group of private investors).
Sounds like a big mess that could drag out for years in court.
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posted
IMO the proposal from "Q" will get approved. Mr. Craig will come to work with "Q" he will either stay in Canada or come to Palm Springs, but my guess is he stays in Canada to oversee operations there. Mr. Craig will favor a deal with "Q" and promote that sale to the Magistrate in charge of the liquidation. IMO he will receive shares in the new venture for his part in promoting the sale. It will be a win/win/win situation for all: "Q"/Mrs.Craig/Mr.Craig.
Just mere speculation on my part, so we will have to see how this situation plays out.
GO QBID!!!!!
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
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quote:Originally posted by Doctoall: 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
The remaining 76% belonges to a numbered company (group of private investors).
Sounds like a big mess that could drag out for years in court.
There is no dragging out in court, the Magistrate gets an offer and its up to her to accept, its like a Bankruptcy court proceeding.
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posted
I believe the reason this has come to news is that it has already been dragged out for years. They divorced in 1993. I believe the point of this court is for finalization. They won't be messing around. Matt
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posted
I need some help guys. I've been searching for the Ontario ruling, or at least a case file, for the Bill Craig situation. If found it could give us a timeline for when Mr. Craig needs to pay his ex-wife among other important details.
I've tried searching cases in the following locations:
I have a feeling they just haven't posted the case because it is either too earlier to get it online or there is no need to do so since it isn't a major law altering ruling. I'll keep searching. Matt
posted
dont work to hard on it this is Canada nothing is done fast up here as far as updating websites.
the other thing you may not see it as the Canadian privacy laws may not allow you to.
The part about the company being up for sale will make news but i doubt we will ever see the details of the case other then the facts that we already know, at least until it is sold. and then we will only know what it was sold for at best.
I have a good friend that is a lawyer, I will ask him what he can find out on the matter and where i can go to get more details.
I believe he has access to a private website that the lawyers up here are only privey too. If there is anything there i will see if he can get it for me.
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.
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posted
The biggest plus for us I have seen is pride having that 9:30 Q spot on their programming. I think that says a lot. Why else would you air another networks orginal programming...... We have to have a deal. IMO
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Warning all posts by this person are considered to be false and not factual.
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quote:Originally posted by andrewAAB: The biggest plus for us I have seen is pride having that 9:30 Q spot on their programming. I think that says a lot. Why else would you air another networks orginal programming...... We have to have a deal. IMO
I believe that we have a programming deal with Pridevision and our programming is being broadcasted in Canada and those parts of the US that pick up the Dish & Direct TV (Canada) signal. This in itself is great news.
Watch the PPS go up tomorrow!!!!! GO QBID!!!!!!!
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Bill and Sally Craig divorced in 1993 after 19 years of marriage and two children.The Toronto Globe and Mail reports that Craig still owes his ex-wife $1.4 million as part of the divorce settlement.
This week, an Ontario Superior Court judge ordered a receiver appointed over Craig's income and assets, which he says consist entirely of his stake in PrideVision TV.
It clearly states that 1.4 mil is owed and this week a receiver was appointed over Craig's income and assets, which he says consist of "his stake" in Pridevision. IMO he has lost his stake and it is now in the hands of a court appointed receiver who will dispose for the best interest of Mrs. Craig.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
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posted
i would think there is more then likely a waiting period where Bill has a set amount of time to try and raise the money to pay her out to release the company back to him.
He somehow came up with 2.6 million to acquire this control not that long ago. he may be able to raise it again.
again this is only speculation.
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.
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posted
if you take a look at this pdf file from the crtc it cleakly shows that Bill Craigs shares hod a 80.2% voting rights. so that makes him the controler. even if he only owns 24 percent of the company, his share is super voting shares
-------------------- 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.
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quote:Originally posted by andrewAAB: The biggest plus for us I have seen is pride having that 9:30 Q spot on their programming. I think that says a lot. Why else would you air another networks orginal programming...... We have to have a deal. IMO
Where can I see this particular information Andrew?
-------------------- Go sell crazy somewhere else, we're all full up here!
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posted
[QUOTE]Originally posted by Penny-Trader: [qb] i would think there is more then likely a waiting period where Bill has a set amount of time to try and raise the money to pay her out to release the company back to him.
He somehow came up with 2.6 million to acquire this control not that long ago. he may be able to raise it again.
again this is only speculation.
It would appear that he has failed to pay his wife, so now they are forcing the issue for him to pay. IMO so he gets $$ from Qtelevision in exchange for programming and or voting rights, partial ownership. Will just have to wait and see, but it does appear that he has run out of time with the Ontario courts, its pay up time
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quote:Originally posted by ranger10: I just got in on this stock on friday and it looks to have huge potential. BTW just noticed your website permanentjaun...good job
Welcome Ranger to the "Q" family. Buckle up for the ride
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posted
The heading says consolidation, the stock has been consolidating for six months. I have looked charts, and and anything else I can find, I seriously want to know why people buy the stock. From October 04 through the present it has
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posted
Had two rises, duration of approximately 1 to two days. You must be buying the stock on the hope that it will rise. I can see no other reason.
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quote:Originally posted by Nicholas: This will get too much opposition once it becomes big, bad bad bad investment once it's in the national eye
Bush will shut this down before it gets anywhere
Perhaps you are unaware of your constitutional rights. United States citizens are permitted their freedom of speech. There are no limitations to this, therefore the media can be a means for the gay and lesbian community to form a televised assembly. Even if Bush didn't approve, he couldn't do anything about it. The only thing that could possibly shut this network down is the lack of carriers, and the way things are going lately I don't see that happening.
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posted
I've been holding over a million shares, not gonna lie was getting kinda nervous, but if this Pridevision deal goes through it will give me more than enough confidence to load up more. I think as soon as this deal does go through we'll see volume pick up heavily and stay up with a lot more confident shareholders loading up on more. We need something like this to kick start the climb.
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quote:Originally posted by slim: Had two rises, duration of approximately 1 to two days. You must be buying the stock on the hope that it will rise. I can see no other reason.
I don't know about everybody else, but I bought in with the hope of its PPS falling. I figured hey what the hell, why not lose thousands of dollars!!
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posted
Both QBid and PRIDEVISION have retained Rasenberger Media, the new service outsource agency headed by former Food Network senior executive Catherine Rasenberger, to line up U.S. affiliates.
Hmmmmmmmmmm ?
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