posted
I'm not trying to compare QBID and PRRM but my question is, It seems like QBID cares what happens with the stock at least on the surface and PRRM seems to not care about what happens or at least it isn't as important to them. QBID is makeing a big effort to improve the standing of the stock and PRRM does nothing.
posted
Beck, I hate to disagree with you, but I only see that Frank has control of over 50% of the stock. But how much stock is that? Is his salary tied to and given in stock??
Q has just as many unknowns as PRRM. There IS NOT the information to provide a real analysis. There is only speculation and formulas. But, I think "Q" has a bigger market to sell their goods. Other than that, I don't see a differnece.
I have been in and out of "Q" several times and have made great $ flipping it, so I am not bashing. But the fact still remains that there in not enough "public" information to actually invest in either company.
Each one is a lottery ticket, "Q" having the better odds.
GLTA
-------------------- A day without dreams is just a nightmare!
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posted
QBID released this information last Feb. 2004 thats how I now. Now I agree that after the run QBID probably dumped shares. But the 7.5 billion was a known number at the time. I actually think they have diluted since then. Thats part of the reason in plummeted. But I would have never used the 7.5 billion if it wasn't true and published.
quote:Originally posted by justplayin: And we can prove QBID has 7.5 billion???
Sorry Ric, QBID is pink so they don't have to disclose their share structure. That is what is holding Q back. At least PRRM has disclosed their share structure and we know it will take a miracle to move.
-------------------- Invest with your brain not with your heart.
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posted
i have a feeling the 6 billion that was restricted on the loan was sold into the market for qbid. looks like frank bought a bunch too since he still holds 53% of the total.
-------------------- "keep your stick on the ice & your cup firmly in place"
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posted
Ric, I have looked at the SEC filings and there has not been ONE filing to the SEC.
I also agree with you that they dumped shares. How many, who knows. But, with the average volume being 350M per day (X5 days = 1.5B). The pps hasn't moved enough to account for flippers, daytraders, and mm's.
Currently (today), "Q" looks alot like PRRM. Feb. '04 it did look different.
quote:Originally posted by bill1352: i have a feeling the 6 billion that was restricted on the loan was sold into the market for qbid. looks like frank bought a bunch too since he still holds 53% of the total.
Bill, he could also be compensated by shares as part of his salary structure. It happens all the time with pinks.
-------------------- A day without dreams is just a nightmare!
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By PR Newswire Last Update: 2/10/2004 7:01:00 AM Data provided by
PALM SPRINGS, Calif., Feb 10, 2004 /PRNewswire-FirstCall via COMTEX/ -- Triangle Multi-Media Limited, Inc. (QBID) President Frank Olsen announces it is currently developing the final details of a stock buy back program. The particulars will be announced over the next several weeks.
In a separate announcement TTN has established an internal deadline to uplink a 24/7 transmission of sample programming by May 1, 2004 for preview and redistribution by cable headends and DDS companies. We are negotiating with several satellite companies to meet this deadline. As part of the TTN launch marketing strategy, our preview feed will also be redistributed to theaters and hotel conference rooms for companies supported functions to allow potential subscriber availability.
Triangle Multimedia is currently in negotiation for a business combination with a television programming company, which has many years of experience and a seasoned television management and creative staff.
Triangle Multimedia Limited Inc. share info is 15B shares authorized with 7 1/2 B shares outstanding. The company estimates 6000 existing shareholders.
Triangle Multimedia Limited, Inc. believes its shareholders are part of the company and those shareholders wishing to contact the company are asked to call Monday through Thursday 7-8 AM PST and 2-3 PM PST at 760-323-4199
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; Triangle Multi-Media'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.
SOURCE Triangle Multimedia Limited, Inc.
-------------------- Invest with your brain not with your heart.
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Back to PRRM. The company has way too many outstanding shares with little revenue and assets. It will go nowhere IMHO, maybe a little flipper once or twice in a lifetime.
-------------------- A day without dreams is just a nightmare!
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I never said it was a SEC filing. It was a company PR. Of course they can lie in it but like MLON found out the SEC monitors that also just like a filing a company is not allowed to lie in a PR also. BUt then to someone can lie in a filing also.
Still doesn't matter PRRM with 71 billion share will never move.
-------------------- Invest with your brain not with your heart.
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posted
Ric, do you think Frank could authorize more shares because he has controlling interest in the company? Would it be in Franks best interest to tell all of us shareholders he did that? Alot changes in 1 1/2 years.
I would hope that he wouldn't, but the volumes suggest he did is all I am saying. I am not debating the fact that "Q" has a company and product, I just feel in that dark about share structure.
All "reporting" companies give the investor financials and shareholder equity as well as show how their financial base changes with each new development.
-------------------- A day without dreams is just a nightmare!
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I in no way am taking up for QBID, Its fun for the runs. They have plenty of problems. As far as I am concerned, everyone needs to stop buying these stocks that gag the TA in protest. I no longer hold any pinksheet long term period. And advise anyone that is to get out quick. But it seems we all have to learn the hard way how to invest in pinks. Pinks are good for one thing, runners. Period.
My statement never was intended to take up QBID no way no how, lol. Just the fact that someone was comparing there run last year to a stock with 71 billion shares.
-------------------- Invest with your brain not with your heart.
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Dan just called me, I had sent hime some e-mails. just talked a couple minuites-The A/S will be updated to 80 billion on pinksheets. Skiershop is still being bought by PRRM, just taking a lot longer than expect-financials are still going to follow the Skiershop closing. The magazine was printed a few weeks back and should be in the hands of all the retailers by now. Name change is still coming soon, they have picked a name. He said he had been so busy it was hard to get some things done, he was going to try and get a shareholder update to the shareholders. He has been in several states recently-lol-cannot remember all the states-but heard for sure Colorado, California. It all sounds very positive, we just have to wait untill things are done. If I think of anything I forgot to say, I will post it.
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posted
Thanks for replying Justplayin, it's cool to disagree thats what this is all about. Like I said I wasn't trying to compare the two, I was just writing what it look like to me on the surface. Please keep in mind I am a rookie in the stock market as well as this board, so I am learning as I go and if I say something stupid just consider the source.
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