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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » QBID XXVIII Calm before the storm (Page 17)

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Author Topic: QBID XXVIII Calm before the storm
kt325ci
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This sounds like a second buyback to me.

The one from April had a set abount of money allocated to buy back shares. They didn't say how many shares they would buy.

The one today says they will buy back 3% of shares regardless of cost.

This sounds like good news to me. I just bought in at .0019.

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Maestro232
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I lean toward it being good news myself. I'm glad to see .002 again, though that might not mean much.

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9.0M QBID locked and loaded!

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Doctoall
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Sent this E-mail to Richard IR yesterday.

From: Wayne ********[Doctoall@*******.com]
To: Staff@ewuityreations.com
Subject: You Have Got To Be Kidding
Sent: Mon 6/13/2005 10:21AM

Richard: You have got to be kidding, here we are waiting for a “BIG BIG BIG” pr and we get this thing about Cheryl Jacques. That is not going to affect the PPS, if anything it will drag it down because the investors are expecting some meaty news, carriers, buyback results, audit results, number from RCN. There is so much that we are waiting for and we get a fluffy pr about Cheryl Jacques, oh brother. Does Frank know how low the PPS is or is he turning a blind eye?

Wayne ********
Doctoall

To say the least I was pissed off and wanted to vent on Richard, but I am very much holding, long, strong and accumulating. May have stired up the pot [Big Grin]

[ June 14, 2005, 10:30: Message edited by: Doctoall ]

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DIGDOUGH
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Intristing! Good point and probably true. You the man.
quote:
Originally posted by whizknock:
Of interest!

By: cruel_summer0
13 Jun 2005, 08:00 PM EDT
Msg. 109552 of 109556
Jump to msg. #
IMO, Cheryl J. would not waste her time with Frank unless she could get on the airways....period. Talent like hers won't listen to smokeblow - either you produce the goods or they won't mess with you. Their time is simply too valuable. Something is up, what I don't know....but something is up otherwise she simply wouldn't waste her time with Q.
................................................................................


Makes good sense to me.


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HILANDER
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Well, I'm over 3/4 of a million now. I think I might get me a cash advance off of one of my credit cards to get me over a milly. I might just make the qmillion club yet. [Big Grin] This company impresses me more every day.

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

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kt325ci
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It took them over 4 minutes to fill my shares. The mm's must be holding orders.

09:48:33, 06/14/05 Filled Buy 200000 QBID Limit 0.0019 09:53:09, 06/14/05


09:48:33, 06/14/05 Filled Buy 1300000 QBID Limit 0.0019 09:52:38, 06/14/05

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FatherOfTwo
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not exactly the PR I was expecting... but it shouldn't take long to buy back that many shares...maybe at most a couple days!

3% of
12 billion = 360 million ($720,000 @ .002)
11 billion = 330 million ($660,000 @ .002)
10 billion = 300 million ($600,000 @ .002)
9 billion = 270 million ($540,000 @ .002)
8 billion = 240 million ($480,000 @ .002)
7 billion = 210 million ($420,000 @ .002)
6 billion = 180 million ($360,000 @ .002)
5 billion = 150 million ($300,000 @ .002)

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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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Maestro232
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5 stars for you FO2

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9.0M QBID locked and loaded!

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HILANDER
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Anyone think we have a shot at closing higher than .002? I mean we hit over a hundred million in volume in less than an hour today.

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

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kt325ci
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quote:
Originally posted by HILANDER:
Anyone think we have a shot at closing higher than .002? I mean we hit over a hundred million in volume in less than an hour today.

Yes, we WILL close over .002 today.
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Bottomliner
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quote:
Originally posted by Doctoall:
Sent this E-mail to Richard IR yesterday.

From: Wayne ********[Doctoall@*******.com]
To: Staff@ewuityreations.com
Subject: You Have Got To Be Kidding
Sent: Mon 6/13/2005 10:21AM

Richard: You have got to be kidding, here we are waiting for a “BIG BIG BIG” pr and we get this thing about Cheryl Jacques. That is not going to affect the PPS, if anything it will drag it down because the investors are expecting some meaty news, carriers, buyback results, audit results, number from RCN. There is so much that we are waiting for and we get a fluffy pr about Cheryl Jacques, oh brother. Does Frank know how low the PPS is or is he turning a blind eye?

Wayne ********
Doctoall

To say the least I was pissed off and wanted to vent on Richard, but I am very much holding, long, strong and accumulating. May have stired up the pot :D

Doc
I seldom disagree with you . . . but I think the PR on Cheryl is much more important than it may appear. Based on what I have read about her, she is an important advocate and spokesperson for the gay community, plus it appears that she has strong allies in the straight community. Hopefully, this will strengthen key links between both worlds (assuming such links need strengthened). I admit that I am reading a lot into this PR. But I believe the old adage: "It ain't what you know, it's who you know."

I do agree that this PR isn't what we are waiting for . . . and I applaud your efforts to help jumpstart the blockbuster PRs we know are due.

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

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King Crimson
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3% less shares in float has to be a good thing. closer to reporting audited financials......move off pinks........
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U4TSAF2
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Yet, Triangle Multi-Media, Inc. is a publicly traded company. Its stock, symbol QBID, is traded on the NASDAQ pink sheets. Stockholders purchase the stock on the basis of the promised Triangle Television Network. In reality, none of these stock-holders own any part of the network. This would appear to be a massive stock fraud. Also, this is a non-reporting company.

We have long suspected that Triangle and other companies operated by Frank Olsen from the 1000 E. Tahquitz Canyon, Palm Springs, are nothing more than pump and dump stock scams. The QBID stock, in fact, has been recently pumped by a number of promoters paid in hundreds of thousands of shares of QBID stock. Many of these pumpers operate on QBID bulletin boards on stock sites trying to entice individuals into purchasing this stock. Many of the individuals
purchasing this stock are gay/lesbian.

GLINN is issuing this message as a warning and an invitation to the gay/lesbian media to investigate this for themselves and develop news articles for their readers.

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Bottomliner
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quote:
Originally posted by King Crimson:
3% less shares in float has to be a good thing. closer to reporting audited financials......move off pinks........

King . . . and others
I agree that this sounds like a really good thing. However, like many others, I am a bit confused about this buyback relative to the earlier buyback relative to the even earlier buyback. If the first two happened as announced, great news. If this one happens as announced, "greater" news. I don't like being in the dark, and I hate waiting even more, but overall I still like what I see regarding Q's progress. PRs do not always arrive when I expect them and usually are not exactly what I expect, but I have not seen any PR that I considered "negative." And quite often, I have evaluated some light-weight PRs as being much stronger than they appear. Hope my overly optimistic attitude is not distorting my judgement, so please help keep me thinking clearly. Now . . . let's see the really BIG BIG PR we all "know" is coming.

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

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Farley
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I like the PR but I am ignorant or confused on one part, "Triangle Multi-Media, (Pink Sheets:QBID) announced today that the network will buy back 3% of its total outstanding shares. "

Outstanding shares = ???

Are outstanding shares the public float? or are they the AS?

Please someone educate me?

Thanks.

--------------------
Farley

"Retiring before the age of 40!"

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Bottomliner
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quote:
Originally posted by U4TSAF2:
Yet, Triangle Multi-Media, Inc. is a publicly traded company. Its stock, symbol QBID, is traded on the NASDAQ pink sheets. Stockholders purchase the stock on the basis of the promised Triangle Television Network. In reality, none of these stock-holders own any part of the network. This would appear to be a massive stock fraud. Also, this is a non-reporting company.

We have long suspected that Triangle and other companies operated by Frank Olsen from the 1000 E. Tahquitz Canyon, Palm Springs, are nothing more than pump and dump stock scams. The QBID stock, in fact, has been recently pumped by a number of promoters paid in hundreds of thousands of shares of QBID stock. Many of these pumpers operate on QBID bulletin boards on stock sites trying to entice individuals into purchasing this stock. Many of the individuals
purchasing this stock are gay/lesbian.

GLINN is issuing this message as a warning and an invitation to the gay/lesbian media to investigate this for themselves and develop news articles for their readers.

U4
I usually ignore your posts and should this time . . . but I have a favor to ask. When we have our Vegas get-together, will you please join us so I can see what a total idiot looks like? I'll even buy your dinner . . . with wine, if you are old enough to drink.

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

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Maestro232
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What bothers me is that the price hasn't gone up after all these many buybacks...kinda makes one worry.

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9.0M QBID locked and loaded!

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HILANDER
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Just a dumb question, but who is GLINN.....Gay Lesbian ......?

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

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Bottomliner
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quote:
Originally posted by HILANDER:
Just a dumb question, but who is GLINN.....Gay Lesbian ......?

HILANDER
GLINN.COM, The Gay Gateway to the Web - Gay/Lesbian International News Network- Biggest Most Updated Gay/Lesbian News Site on the Internet with Exclusive Resources.

This is their description of themselves. I am searching for any comments from them about QBID and will let you know, if someone else doesn't do it first.

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

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Optimus Prime
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The PR has been taken off of Yahoo! When you click on it, it says document has expired.

I think there may have been a mistake with the numbers, imho.

--------------------
"True Wisdom Only Comes From Pain"

10.3 Million Shares and Holding

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U4TSAF2
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PER FRANK OLSEN:

FEB '04: "WE HAVE 15 BILLION SHARES AND 6,000 SHAREHOLDERS"

SEPTEMBER '04: "WE HAVE ISSUED 6-BILLION SHARES"

OCTOBER 'O4 "WE HAVE AUTHORIZED 50-BILLION"

TOTAL 71-BILLION SHARES.

AFTER PUTTING OUT ALL THESE SHARES, FRANK THE FRAUDSTER ANNOUNCES "RETIREMENT" OF SHARES AND A BUYBACK. THIS IS SEVERAL OF THE BUYBACKS ANNOUNCED.

FURTHER, HOW DO YOU BUYBACK SHARES AFTER YOU AUTHORIZE BILLIONS OF SHARES.

THE ANSWER:

YOU CAN'T.

GOTO THE BANK AND MORTGAGE YOUR HOUSE. 1 YEAR LATER, WALK INTO THE BANK AND ASK THEM IF YOU CAN BORROW $10,000 TO MAKE YOUR NEXT FEW MORTGAGE PAYMENTS.

"HEY BUDDY"

YEAH, WHERE'S THE MONEY YOU OWE ME?

WELL I GOT A GREAT IDEA, SINCE I OWE YOU $500, LET ME BORROW ANOTHER $500 TO PAY YOU BACK THE $500 I OWE YOU.

"WHAT!" ARE YOU NUTS?

OH NO, COME I, I LEARNED HOW TO DO THIS FROM A C.E.O. OF A PINK SHEET COMPANY.

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HILANDER
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Thanks Bottomliner. I guess I should have known about GLINN being an investor in the Q. But I'm also realatively new to the Q.

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

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HILANDER
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They just changed some verbage in the PR... they added "at least" in one sentence referring to the value of the co. at "...at least 3 to 5 billion..."

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

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Bottomliner
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quote:
Originally posted by HILANDER:
Thanks Bottomliner. I guess I should have known about GLINN being an investor in the Q. But I'm also realatively new to the Q.

HILANDER
No problem . . . I didn't know either and thought U4 might have made it up. But it appears legit. Except that its domain expired June 1 and is waiting for renewal, which probably means nothing.

Still have not found any mention of QBID by GLINN, however. But there's a lot of info out there, so I will keep trying. I wonder if the comment U4 made came from a chat room. Too bad "chat roomers" can say just about anything and get away with it.

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

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HILANDER
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The GLBT television market is worth "....AT LEAST 3 to 5 billion dollars..."

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

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winpennies
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I seem to remember that paragraph that U4 posted being from the 1st time QBID tried to get on the air. I think he just copied and pasted it from back then.

Mike

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Maestro232
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CORRECTING and REPLACING Triangle Multi-Media Buys Back 3% of its Outstanding Shares

June 14, 2005 10:59:07 (ET)


PALM SPRINGS, Calif., Jun 14, 2005 (BUSINESS WIRE) -- adding sentence to quote in third graf, should read "Q Television is the only linear GLBT network in the country offering live programming, 24/7 shows and it is gay television for the gay community by the gay community," added Olsen. (sted "at least that," added Olsen)

The corrected release reads:

TRIANGLE MULTI-MEDIA BUYS BACK 3% OF ITS OUTSTANDING SHARES

Triangle Multi-Media, (Pink Sheets:QBID) announced today that the network will buy back 3% of its total outstanding shares. This buy back will begin immediately.

"Our financial consultants feel this buyback is the right move based upon the undervalued price per share," says Frank Olsen, President and CEO of Q Television Network.

"Market analysts have been quoted as saying the GLBT television market is worth 3 to 5 billion dollars, and we feel our current capitalization should be at least that. Q Television is the only linear GLBT network in the country offering live programming, 24/7 shows and it is gay television for the gay community by the gay community," added Olsen.

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. Q Television Network is the Network for the Gay Games VII. For further information on programming and subscriptions, please visit www.qtelevision.com.

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.

Press Release Information Source: Q Television Network

SOURCE: Q Television Network


Media Relations Contact:
CWR & Partners, LLP
Ronnie Welch, 508-222-4802
Ronnie@cwrpartners.com
or
Investor Contact:
Equity Relations, Inc.
Richard Brown, 617-314-7379
Staff@EquityRelations.com
Copyright Business Wire 2005

--------------------
9.0M QBID locked and loaded!

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Bottomliner
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quote:
Originally posted by winpennies:
I seem to remember that paragraph that U4 posted being from the 1st time QBID tried to get on the air. I think he just copied and pasted it from back then.

Mike

Thanks, Mike. You probably are correct. I still haven't found any recent QBID comments by GLINN but will keep looking, just to be sure.

Some of U4's favorite tricks (besides making up his data from scratch) are to post old news . . . or partial news . . . or opinion as though it were news.

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DIGDOUGH
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So Q bought back shares on their own initiative. Then their financial consultant tells them to buy more. Just a thought. Trying to sort out the buy back riddle.
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DIGDOUGH
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I'll be glad when they are fully reporting, so we can get all these holes in the information filled in. Frank it's time to turn your attention back on your shareholders again and enlighten us to what all this means. You can volunteer info. You don't have to wait till you change boards.
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Doctoall
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You have got to love e-mails,after we got this morning's PR about the buybacks, I sent Richard the following PR [Big Grin]

From: Wayne********[Doctoall@*********.com]
To: Staff@equityrelations
Subject: Is this Another Buyback Or The April One
Sent: Tue 6/14/2005 7:27AM

Richard: Is the buyback announced today another buyback? Or is it the one that was announced on April 29th 2005. We never did get a report if the April buyback had started or was even completed and then today we get another buyback announcement.

We need clarification, if this is another buyback other than the April one or if Q is just later at getting the buyback started.

Thanks for the PR but we need clarification

Wayne **********
Doctoall

This is what everyone is confused about:
Q Television Network announces Buyback of Company Stock
Friday April 29, 10:54 am ET

Go QBID!!!! We Will See That Green Soon [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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tqn
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now i am lost. first the buy-back anouncement last oct; the buy back anouncement in May; and now another buy back of 3%. three percent based on what? i am a math idiot but are we missing one side of the equation here? GIVE ME A NUMBER !!!

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

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DIGDOUGH
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Doc, thanks for sending that email. That is my sentiment, totally on whats going down here. Well back to surgery.
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winpennies
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I'm hoping that the Audit is complete, and they know now how many outstanding shares there are down to the last share.

I'm hoping that this buy back is a continuation that will make the share price something that will be easy for us to get off of the pinks, maybe even move higher than OTCBB.

Just hoping.

Mike

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Doctoall
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Bottomliner: I agree that Cheryl Jacques is a great asset to the "Q". I was trying to stir the pot at "Q". We all know that we are waiting for that big PR.

I send Richard and gang 1-2 e-mails each day and sometimes the content is provoking. It's my duty as a shareholder to protect my investments. I hope that I did not offend you with the slight on the Cheryl Jacques PR. She is truly an asset.

Long, strong, holding and accumulating [Big Grin]

--------------------
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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