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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » QBID,,,Powder Keg *XXVII* (Page 3)

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Author Topic: QBID,,,Powder Keg *XXVII*
tqn
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if the buyback is going on, frankie is getting heck of a deal with the current pps.

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Come Q, the kid needs back-to-school shopping!

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Ligge
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Anyone else use Etrade and cant get to their site today? I need to buy some more dang it! lol
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bigthc1
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News

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-make money-

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tqn
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Press Release Source: Q Television Network

Q Television Hires CPA Firm to Complete Financial Audit
Monday May 2, 11:15 am ET

PALM SPRINGS, Calif.--(BUSINESS WIRE)--May 2, 2005--Q Television Network (Pink Sheets: QBID - News) announced today that it will be securing a well known securities CPA firm this week to complete its full financial audit. Q Television will work closely with the accountants to move forward with its plans to become a fully reporting company. The CPA firm will conduct the standard audit, and is expected to deliver the final report to Q Television upon completion, at which time Q Television will become a fully reporting company.

"We feel this audit is a huge milestone for our company, and that ultimately, if Q Television Network files all financials/reports publicly, we will eliminate the manipulation that our company and many Pink Sheets stocks face," stated Frank Olsen, President and CEO of Q Television Network. "Our company is fundamentally positioned perfectly within the GLBT market, but we cannot tolerate the undervalued price per share that our stock faces on the Pink Sheets."

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Come Q, the kid needs back-to-school shopping!

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1step2step
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2005-05-02 11:15:03
Q Television Hires CPA Firm to Complete Financial Audit

Business Editors

PALM SPRINGS, Calif.--(BUSINESS WIRE)--May 2, 2005--
Q Television Network (Pink Sheets: QBID) announced
today that it will be securing a well known securities CPA firm this
week to complete its full financial audit. Q Television will work
closely with the accountants to move forward with its plans to become
a fully reporting company. The CPA firm will conduct the standard
audit, and is expected to deliver the final report to Q Television
upon completion, at which time Q Television will become a fully
reporting company.
"We feel this audit is a huge milestone for our company, and that
ultimately, if Q Television Network files all financials/reports
publicly, we will eliminate the manipulation that our company and many
Pink Sheets stocks face," stated Frank Olsen, President and CEO of Q
Television Network. "Our company is fundamentally positioned perfectly
within the GLBT market, but we cannot tolerate the undervalued price
per share that our stock faces on the Pink Sheets."

--------------------
"Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.

Warning all posts by this person are considered to be false and not factual.

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tqn
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Andrew,
beat you to post, but it's worth it to post it twice.
"Our company is fundamentally positioned perfectly
within the GLBT market, but we cannot tolerate the undervalued price
per share that our stock faces on the Pink Sheets." i enjoy it.

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Come Q, the kid needs back-to-school shopping!

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buckwheatbob
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you beat me to the post as well. LOL! you guys are just way to fast!

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Buckwheat

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1step2step
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lol tqn... oh its on!!! [Smile]

--------------------
"Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.

Warning all posts by this person are considered to be false and not factual.

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tqn
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we are on q fever...that is why! anyone guess how long does a standard audit last?

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Come Q, the kid needs back-to-school shopping!

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buckwheatbob
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I don't think it's a case of how long the audit takes but how long it takes for the second buyback to be completed.That is when the audit will be released.Frank gets a steal of a deal on shares and the investors profit from the audit when it is released as it will look that much better. I just could not resist.I have another order in for 400k.

[Smile]
quote:
Originally posted by tqn:
we are on q fever...that is why! anyone guess how long does a standard audit last?



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Buckwheat

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1step2step
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I would think either within 15-30 days it should be a full reporting company...

--------------------
"Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.

Warning all posts by this person are considered to be false and not factual.

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Doctoall
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quote:
Originally posted by tqn:
we are on q fever...that is why! anyone guess how long does a standard audit last?

IMO this will happen June 01st 2005 [Big Grin]

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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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clbgroove
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either way thanks to both of you cause I got in under the wire at .0021 and then the ask jumped!!
Good lookin out!

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dinger51
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LOVE THE NEWS!

This is a messege to the true investors, like myself, who won't sell their shares. Becoming fully reported is agreed, by many, to be the 1st giant step to an increase in pps. The bashers will come out when the outstanding shares are listed. Don't flinch!! Hold on, or grab more... You will be happy a few months after this takes place. Does anyone have any O2 news?

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"RWBIAD"

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Doctoall
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Originally posted by Doctoall:
Triangle Multi-Media Begins Final Steps to Become a Fully Reporting Company
Monday April 18, 3:45 pm ET


PALM SPRINGS, Calif.--(BUSINESS WIRE)--April 18, 2005--Triangle Multi-Media, (PINK SHEETS:QBID - News) announced today that the company will meet this week with the law firm of Sichenzia, Ross, Friedman & Ference LLP to begin the process of removing themselves from the Pink Sheets.
Sichenzia, Ross, Friedman & Ference LLP will formally begin the preliminary application process to have Triangle Multi-Media become a fully reporting company,


**** the prestigious law firm will immediately begin counseling Triangle Multi-Media on the requirements needed to be listed with another exchange.

IMO: They have begun and have given the initial report to Frank= thus= the decision to further reduce the share count to get to another exchange. The move maybe not that far away.

10 Days after the initial meeting Frank announces another buyback hummmmmmm any connection? do you think?

UPDATE: We are moving fast,

#1. April 18th Frank hires a firm to get us moving to another exchange

#2. April 28th Frank gets the initial reports back from the law firm and announces another buyback, no doubt needed to get to another exchange.

#3. May 02nd 2005 Frank announces the hiring of a CPA to get the final audit completed to move to another exchange.

Its all coming together and soon we will move to another exchange. IMO this will happen on or before June 01st 2005, remember all those PR about being in 16 mil homes by June 16th 2005. Frank wants us on another exchange before that money starts to come in. IMO we already have carriers and Frank has been holding off.

GO QBID!!!!!! Sorry for the long winded response [Big Grin]

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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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dinger51
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WOW-I need more shares. My wife will kill me if I buy more right now. We are building a home and need the $ in the bank. Maybe I can sneak some out...She will recover when she sees the bank in a couple years.LOL

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"RWBIAD"

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airdoo
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OT anyone in here watching EDVO??? it looks primed for a nice bounce. just curious if anyone else is watching it. i have ALL of my money tied up in QBID and i like where it is but i sure wish i could play EDVO so i can buy much much more qbid.

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I'M GONNA BE RICH BEFORE I'M 30!!!!

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Bottomliner
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While we all wait for news . . . I have a philosophic question that is baffling me and would like some opinions.

QBID appears to be moving in a positive direction (timing is the main negative concern) and today's PPS is near the 12-month low. To me, this seems like a chance to get in at bargain prices (which some of you already have done today).

I think I understand daytrading, swing trading, short term investing, long term investing . . . they all produce maximum profits if you buy low and sell high (at least higher than your buy price).

So . . . help me understand . . . who is selling today?

Daytraders or swing traders? I doubt that because they are selling too low.

Investors who got in really, really low and are cashing in? I doubt that because they "coulda, shoulda" sold a few weeks ago when the news was less positive.

Investors suddenly disenchanted with the Q? I doubt that because we've seen signs of progress recently.

Investors who "know something bad" is coming and are dumping? I doubt that because we usually hear about pending news (even if it turns out to be false).

So . . . any opinions? I don't expect concrete facts, just honest simple comments.

Thanks and GLTA.

--------------------
Everything I say is only my opinion ... right or wrong.

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airdoo
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quote:
Originally posted by Bottomliner:
While we all wait for news . . . I have a philosophic question that is baffling me and would like some opinions.

QBID appears to be moving in a positive direction (timing is the main negative concern) and today's PPS is near the 12-month low. To me, this seems like a chance to get in at bargain prices (which some of you already have done today).

I think I understand daytrading, swing trading, short term investing, long term investing . . . they all produce maximum profits if you buy low and sell high (at least higher than your buy price).

So . . . help me understand . . . who is selling today?

Daytraders or swing traders? I doubt that because they are selling too low.

Investors who got in really, really low and are cashing in? I doubt that because they "coulda, shoulda" sold a few weeks ago when the news was less positive.

Investors suddenly disenchanted with the Q? I doubt that because we've seen signs of progress recently.

Investors who "know something bad" is coming and are dumping? I doubt that because we usually hear about pending news (even if it turns out to be false).

So . . . any opinions? I don't expect concrete facts, just honest simple comments.

Thanks and GLTA.

it could be as simple as someone who thinks qbid won't move much today and sees another opportunity but didn't have the funds to get in. sell qbid now to get in on this other opportunity then sell that and buy even more Q....well that's my theory. i've considered doing it so many times but i fear Q will LAUNCH as soon as i hop out. haha

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I'M GONNA BE RICH BEFORE I'M 30!!!!

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Bottomliner
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airdoo
Thanks . . . your theory makes sense and is one I didn't think of.

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Everything I say is only my opinion ... right or wrong.

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tqn
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i have cashed out other dead pink stocks and stocked up qbid. qbid is the only pink that i am currently holding. dont put all eggs in one basket. i dont, cuz they are not eggs anymore.

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Come Q, the kid needs back-to-school shopping!

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HILANDER
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Well, I have seen enough. I have been watching QBID for a while now and it is time to buy. Just waiting for my account to be funded. [Big Grin]

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If it wasn't for bad luck I'd have no luck at all.

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CHIMAN34
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We feel this audit is a huge milestone for our company, and that ultimately, IF Q Television Network files all financials/reports publicly, we will eliminate the manipulation that our company and many Pink Sheets stocks face," stated Frank Olsen, President and CEO of Q Television Network. "

"IF" Comon Frank why if?

Seems things are coming together, I hope.

An audit can last for weeks, months, if there are many things wrong with a company. If Q has everything set correctly, then this should NOT take weeks. We will see

Dave

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denzen
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Hi all!
How's it goin?

Looks like good news! BUT.

What about the dirtier then expected shell company that QTN started with?
Has that ever been cleaned up, or mentioned in recent weeks?

I haven't been keeping track, so I really don't know.

dz

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Ligge
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As much as I would like to have a date range or estimate in the PR its probably a good thing it wasnt in there.

/sigh

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FatherOfTwo
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IMO.. it was / is dirty and it is something that Frank and Rene can not clean up on their own... they had to hire it done! The last couple PR's about law firms and CPA and financial planning consultant indicate that they are serious about getting it done.

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A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)

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1step2step
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It is huge news that they want to report and clean up the company.. I think it is great and all we could hope for.. I rather be off the pinks then get a carrier deal and I am not jokin about that..

--------------------
"Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.

Warning all posts by this person are considered to be false and not factual.

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denzen
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FOT,
thanks.

Who knows how long that may take?

There could be settlements to come, along with payments for services rendered. The latter also may be why shares are selling today.

Another new hire, more shares given to pay for services?

dz

quote:
Originally posted by FatherOfTwo:
IMO.. it was / is dirty and it is something that Frank and Rene can not clean up on their own... they had to hire it done! The last couple PR's about law firms and CPA and financial planning consultant indicate that they are serious about getting it done.


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Pennies to Dollars
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I'm very pleased with today's PR. It appears that Frank and Rene are serious about moving us onto an exchange. Also, as Ligge mentioned, I'm happy that no dates were announced.
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permanentjaun
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Anyone remember the name of the Richard that was originally doing the share audit for Q? Matt
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HitMe101
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Richard Buck?

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Greedy Because I'm Broke!!

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permanentjaun
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Richard Barnes. Thx though. Matt
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Doctoall
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Palm Springs, California May 2, 2005 Q Television Network (Pink Sheets: QBID) announced today that it will be securing a well known securities CPA firm this week to complete its full financial audit. Q Television will work closely with the accountants to move forward with its plans to become a fully reporting company.

The CPA firm will conduct the standard audit, and is expected to deliver the final report to Q Television upon completion, at which time

*****Q Television will become a fully reporting company*****

Qtelvision will become a fully reporting company.

GO QBID!!!!!! The Green Is On The Way [Big Grin]

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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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permanentjaun
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It's going to be a fun and exciting summer Doc. Matt
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Doctoall
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quote:
Originally posted by permanentjaun:
It's going to be a fun and exciting summer Doc. Matt

I will say that we get major news before my 2000 post on Allstocks [Big Grin]

Go QBID!!!!! Looking For Some Green

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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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