posted                   

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Originally posted by qrocker:

quote:

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Originally posted by Penny-Trader:
We just had a major air disaster here in Toronto. Cnn is covering it.

what a mess

Rod

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yea, been watching it. Thank God it isn't Terror related.

A moment of silence please for the unlucky.

qrocker

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Posts: 792 | From: Bradford, Ont. | Registered: Jun 2004  |  IP: Logged | 

posted                   

quote:

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Originally posted by Penny-Trader:
What thread are we using? im going to stick here till we decide whether or not to close it.

any how.

now here is where i think we are.

We had 15.5 billion shares o/s

6 billion shares are restricted.

that leaves 11.5 billion.

now we have been told that Frank bought up 2% of the A/S and we heard from Rene in the CC that they had already bought about 600 million. and that they where not done.

the estimate is they bought back 1 billion, and Frank retired 1 billion.

that brings us to 9.5 billion.
now you take the 3% buyback that was pred

so now that brings up to 9.215 billion.

of that Frank owns 53% of the outstanding.
which is 4.884 billion shares
leaving 4.331 outstanding.

this is where i feel we are less the 3% that Franks says he was buying back


With that all said and done. I believe we are in great shape.

now. if we where to move to a move to a new exchange with a 3-1 merger of our shares we would be looking at a 1.44 billion outstanding share count. a 4 -1 split would leave us around a billion.


this is the way i see us heading in the near future. This is purely speculation and so do not take this as gospel.

Rod

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Posts: 1161 | From: NC | Registered: Mar 2005  |  IP: Logged | 

posted                   

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Originally posted by Chopper:
With this in mind Rod,
I can't believe QBID wasn't shorted to High Heaven today. 25% of the entire float and it moved .0001 No way!! I went thru the charts and tracked the stock movement for 2 years and everytime we hit anywhere near 1 billion shares it at least doubled if not way more. This was great News and the stock was pounded down hard by the MM's. There is going to be some Major short covering soon. Just burns me up to see this obvious manipulation.

GLTA

quote:

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Originally posted by Penny-Trader:
What thread are we using? im going to stick here till we decide whether or not to close it.

any how.

now here is where i think we are.

We had 15.5 billion shares o/s

6 billion shares are restricted.

that leaves 11.5 billion.

now we have been told that Frank bought up 2% of the A/S and we heard from Rene in the CC that they had already bought about 600 million. and that they where not done.

the estimate is they bought back 1 billion, and Frank retired 1 billion.

that brings us to 9.5 billion.
now you take the 3% buyback that was pred

so now that brings up to 9.215 billion.

of that Frank owns 53% of the outstanding.
which is 4.884 billion shares
leaving 4.331 outstanding.

this is where i feel we are less the 3% that Franks says he was buying back


With that all said and done. I believe we are in great shape.

now. if we where to move to a move to a new exchange with a 3-1 merger of our shares we would be looking at a 1.44 billion outstanding share count. a 4 -1 split would leave us around a billion.


this is the way i see us heading in the near future. This is purely speculation and so do not take this as gospel.

Rod

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Posts: 3439 | From: ATL | Registered: Jun 2004  |  IP: Logged | 

posted                   

quote:

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Originally posted by Penny-Trader:
What thread are we using? im going to stick here till we decide whether or not to close it.

any how.

now here is where i think we are.

We had 15.5 billion shares o/s

6 billion shares are restricted.

that leaves 11.5 billion.

now we have been told that Frank bought up 2% of the A/S and we heard from Rene in the CC that they had already bought about 600 million. and that they where not done.

the estimate is they bought back 1 billion, and Frank retired 1 billion.

that brings us to 9.5 billion.
now you take the 3% buyback that was pred

so now that brings up to 9.215 billion.

of that Frank owns 53% of the outstanding.
which is 4.884 billion shares
leaving 4.331 outstanding.

this is where i feel we are less the 3% that Franks says he was buying back


With that all said and done. I believe we are in great shape.

now. if we where to move to a move to a new exchange with a 3-1 merger of our shares we would be looking at a 1.44 billion outstanding share count. a 4 -1 split would leave us around a billion.


this is the way i see us heading in the near future. This is purely speculation and so do not take this as gospel.

Rod

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Posts: 112 | From: San Ramon, CA | Registered: May 2005  |  IP: Logged | 

posted                   

quote:

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Originally posted by betting babe:
does anyone remember back in september there was a guy (he was outted as Marco but denied that was his name) on another message board who claimed he was doing private placement for Q, that he owned his own investment company?

cuz his original statements come close to the math that Bearclaw came up with regarding the o/s, but with one exception:
he had stated that his own ownership plus his clients' private placement made them almost 25% owners of Q.

remember this?

-->
• own 350,000,000 shares, and i will not sell a single shares until the comapny goes live on comcast and time warner. maybe 6 months from now

• in closing i just want to say that i am a 2.5% owner and a fund that I placed the deal with now owns 21%.. We are almost 25% of the comapny and we are all restricted and long. i cant sell for a yr and plan to near .05 (Now, this one appears to contradict his previous statement about holding for "maybe 6 months")

• shares count remains in the 9B range, that was after the last placement was done last week. the investors are long term.

• there is alot of shares but just like the sotck ran to almost .03 it will do this again. eventually they are going to have to restructure but not until they attempt to go amex.

• institutional investor has 1.8 B shares


now going off of that math, assuming he was telling the truth (a lot of what he said came to fruition just in a longer time than he anticipated).. if then 53% was taken off the table, plus the buybacks...

i confused myself. somebody do the math?

~BB

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Posts: 3439 | From: ATL | Registered: Jun 2004  |  IP: Logged | 

posted                   

Qnique, Sounds good was the word from huggy bear? Just a wild guess.

quote:

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Originally posted by qnique:
Whad up, I am hearing strong rumors that the company is about to file and is filing to trade on the OTC BB. A filing in itself would take this stock to .02+!! I'm hearing this could happen in the next several days. I don't have any concrete proof, this is just the word on the streets.
Anyone else hear anything along these lines?
In any fashion, I think the stock will make a nice run starting tomorrow. I also think most of the shorts are out of the stock and the MM's can now take it higher without getting burned. Let's get this money

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Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004  |  IP: Logged | 

posted                   

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Originally posted by Deg's wife:
Someone...I don't remember who, had a slogan after their name. It went something like this...
"A friend will bail you out of jail, but a true friend will be sitting next to you saying...damn that was fun"...I have repeated that saying quite a few times since the first day I saw it on here.
I'm sitting...

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Posts: 1002 | From: Southaven, Mississippi, US | Registered: Nov 2004  |  IP: Logged | 

posted                   

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Originally posted by Monopoly Money:
wow big news indeed but some of this statement concerns me.

QBID, Frank Olsen, President, CEO and majority shareholder, has converted all his personal QBID holdings into preferred stock, which makes up 53 % of the total shares.

Since he converted his holdings into preferred shares, i do believe that means his holdings are not supceptible to a reverse split and ours are. *i know what he promised, but face it business is business and im pointing out what COULD be possible*

Secoundly what did he convert those 53% shares to? Meaning what is the value of 1 qbid preferred share. Only reason i ask is my other investment qant, 1 preferred share is worth 1,000,000 common shares. This kinda concerns me because preferred shares also have a 1 million to one voting right, which could amount to common share holdering voting meaning dick.

Thirdly did this 53% of his shares include shares that were part of hte 2% and 3% buyback or were those 2 buyback shares retired? i really forget on this one.

Lastely, lets just say there *WERE* 50 billion shares yesturday and since the preferred conversion there are now 23.5 billion shares *just making the math easy on myself* There are now, true enough less then half the shares that were out there, BUT nonetheless a whole lot of shares that still have to be bought and sold and a whole lot of profit that has to be made to move it. So yes, the 53% does mean alot but at the same token it has its risks as well which kinda bother me.

You know me just tring to look at the darker side of the picture, i am somewhat excited because this is huge progrss, but at the same token it now makes Franks shares "untouchable" in a mannor of speaking. And please dont quote me on the 50 bil its a number i pulled out of my ass to make math easier on me.

If anyone has any reasonable answers id love to hear them.. thanks

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Posts: 1397 | Registered: Jun 2004  |  IP: Logged |