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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » QBID... The Beginning of the End to MM (Page 13)

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Author Topic: QBID... The Beginning of the End to MM
Marva18
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Maybe we don't want to know the share count then!!

quote:
Originally posted by polo1110:
That is my other HUGE worry maestro. What if we ALL have illegal shares?

quote:
Originally posted by Maestro232:
I'm curious...If, hypothetically, there were illegal shares being sold, does that mean we could all have some illegal shares which would disappear? How does that work?



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DIGDOUGH
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Has anybody talked to a share holder or day trader lately that wants to sell their shares at these prices, besides crashcup? I haven't. Somebody must be growing them on trees to sell them at this price. How long has it been since one could even buy them this low? Just thinking out loud. I see that the bid has gone up already. Run you crooks run!! [Big Grin]
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polo1110
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Let's not forget, Frank's newly designated Preffered Shares are untouchable to a reverse split. That also scares me. He can convert them back after a r/s and make a killing.

--------------------
Still holding, Still waiting, ...

Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :)

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Spartans
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POLO...
Listen buddy...Like at the OK Corral...The Earps are telling the Clampets they have their number and to get out of town or else...

The "Legal Shares" is a "In Your Face" statement from Frank to the MM's...You and I can't have illegal shares but the MM's have been suspected of it...we all have seen them do it...we saw it this week with over 1 billion shares traded and the pps stayed still...

That's why the SEC has been snooping around. That's why we have a new SEC head...That's what congress has been spitting about...That's what NBC Dateline was talking about this week...Illegal Naked Shorting by the Market Makers...damadging companies and investors...

Of course Frank knows the share count...If the MM share count is different...Gotch Ya ...


quote:
Originally posted by polo1110:
Thanks Bearclaw, I'm slightly calmer now. lol. But I still don't buy this: "We will be able to determine how many legal shares exist in the market place"...


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4Art
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I'm quite happy to wait for the audit. Good things come to those who wait, as the saying goes. I understand your concerns; I'm in the red today too! LOL

quote:
Originally posted by polo1110:
EXACTLY KING!!! That's my point. The "number of legal shares that exist in the market place" are the # issued - the # bought back and retired. It's that simple.


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Esteban
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Hi. This is the qmail-send program at yahoo.com.
I'm afraid I wasn't able to deliver your message to the following addresses.
This is a permanent error; I've given up. Sorry it didn't work out.

<shareholderprotection@qtelevision.com>:
66.245.177.160 does not like recipient.
Remote host said: 550 shareholderprotection@qtelevision.com unknown user account
Giving up on 66.245.177.160.

--- Below this line is a copy of the message.

Return-Path: <swanasek@sbcglobal.net>
Received: (qmail 39718 invoked from network); 4 Aug 2005 18:40:05 -0000
Received: from unknown (HELO Steve) (swanasek@sbcglobal.net@69.152.192.65 with login)
by smtp106.sbc.mail.mud.yahoo.com with SMTP; 4 Aug 2005 18:40:05 -0000
Message-ID: <000b01c59923$ef0a9380$6410a8c0@Steve>
Reply-To: "Steve Wanasek" <swanasek@sbcglobal.net>
From: "Steve Wanasek" <swanasek@sbcglobal.net>
To: <shareholderprotection@qtelevision.com>
Subject:
Date: Thu, 4 Aug 2005 13:40:05 -0500
MIME-Version: 1.0
Content-Type: multipart/alternative;
boundary="----=_NextPart_000_0008_01C598FA.05F1B620"
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 6.00.2900.2180
X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2900.2180

This is a multi-part message in MIME format.

------=_NextPart_000_0008_01C598FA.05F1B620
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

Who will be doing this new investigation?

Steve Wanasek
------=_NextPart_000_0008_01C598FA.05F1B620
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

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4Art
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4/19/2005 - RE: Reverse Split

Management received many inquiries yesterday asking if there will be a reverse split.

Through the many changes Triangle Multi Media will be going through in the future, a reverse split WILL NOT be one of them.

This will be the last post in regards to a reverse split.


http://www.qtelevision.com/site/investorinfo.asp

quote:
Originally posted by polo1110:
Let's not forget, Frank's newly designated Preffered Shares are untouchable to a reverse split. That also scares me. He can convert them back after a r/s and make a killing.


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DIGDOUGH
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What in the helands?
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King Crimson
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emailed this to richard mon and earlier today...let you know if i get a response....i'm not holding my breath.......


Equity Relations Inc. [staff@equityrelations.com]
Richard Brown

richard:

sent this monday, 8/1, but i'll try this again and include my name, address, phone number, cable provider (whom i have requested qtn from), and email address to prove i am a real person i guess. i'll also add a couple more questions.

...people have reportedly been told by you that frank could get sued by releasing share counts before audit numbers are released??

...couldn't the transfer agent (or you, for that matter) be "ungagged" and free to release his numbers at any time--he certainly should know how many shares he is responsible for.

Tuesday, August 02, 2005
Q Television Reduces its Tradable Stock by Fifty-Three Percent
...53% of what number??
these percentages indicate (rightly so) that the share structure is known as it has to be. if the company and the transfer agent know the share count (as they MUST--or how would they know the amount of shares that they have to sell), shouldn't we individual investors/shareowners have access to this information??
...as a personal comment, i believe this has much to do with the share price--this unnecessary uncertainty having the appearance of secrecy or even deception.

...how would a known share count disrupt any ongoing negotiations, except to put the company in a more mature, transparent position--thereby stronger??

why doesn't the company pay for level II listings on the pink sheets??
...it is certainly not a large expense, and one that many investors/shareowners of this company would greatly appreciate.

triangle television network, inc (nv)
who owns the 75,000 shares of ttn?? frank?? tmm??
any plans for ttn?? production co/international, etc...

again, i thank you in advance for all of your time and efforts in this regard. i very much appreciate a response as i have been specific, forthright, am not asking about classified information or ongoing negotiations, honest and patient.


this was from monday:

first off, recognize that i am long with this company and my investments in it for about a year and a half now. i am a small investor on a fixed income (viet nam veteran, disability check) diligently investing monthly. but, i believe.

one thing hurting this stock's pps is the same thing that hurts ALL stocks--UNCERTAINTY.

these are some pertinent questions many people besides myself are asking.
i know that you cannot answer them yourself, but could you (as investor relations liason) forward them to the company/frank for responses??
thank you very much in advance.


when will audit numbers be released??
who is the auditor??

what is the exact share count: a/s, o/s, restricted, float??
Tuesday, June 14, 2005
Triangle Multi-Media Buys Back 3% of its Outstanding Shares
...3% of what number??

when can we file financials and share structure with the sec??

what are the details of restricted share / financing agreement??

how is QBID paying for all their expenses?
Frank may not be dumping shares into the market himself, but is he using them to pay for services?
can we get quarterly cash flow and balance statements??

what is the corporate status of triangle multimedia limited and q television network, inc (washington)??
corporate licenses renewed there or somewhere else??

any thoughts of a buyout/merger/spinoff/ipo of qtn??
...which leads to who owns a/s of qtn??

...what would we (shareholders) get in the event that triangle DOES take one of those actions with q television network,inc??

...can the company state that the investors/shareowners of triangle multimedia limited (QBID, QBID.pk) will be the beneficiaries of future actions with q television network, inc (washington)??

what is the status of the current buyback??
...we all hope that the company is buying heavily at these grossly discounted prices per share.

i hope that frank got some dialogue going with brian roberts at that ctam event there. he'll never get a better chance....
...DID HE?? comcast is the mother lode.


thank you very much. it would be in the company's best interest (as well as the stock price) if the answers to these questions could be known. again, i thank you for your time and efforts in this regard.

sincerely,

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madmoney
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quote:
--------------------------------------------------------------------------------
Originally posted by polo1110:
I'm sorry, but this is a little ridiculous to me. How can they not know their own share count!? How can the CEO convert 53% of this "unknown" number? I am not buying this right now, and as much as I'm behind Q and want them to succeed, something is fishy about this. I sure hope I am wrong, but this, to me, is a flat out lie. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------ the answer is simple: they DO know the actual share count however the current shares outstanding may be much higher, the reason --- naked short selling, with naked short selling shares are sold into the market witch do not exist, a short sale is when someone barrows shares from a broker or market maker and sells them with the intention of buying them back and replacing them at a future date. with naked short sales the seller is adding shares to the float witch do not leagaly exist. before frank can release the oustanding share count he needs to know how many illeagle shares ( if any ) may be in the current float. ( this is not as easy to discover as you might think ) all current share holders own leagle shares, only the market makers who distributed illeagle shares can be held accountable, they must provide proof they sold leagle shares or possibly be made to pay the value of illeagle shares they sold back into the float. the current O/S count may not be equal to the leagle authorized O/S count. if illeagle shares exist it will not hurt us, and those responsible for issueing them could owe us alot of money.

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4Art
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My test email to shareholderprotection@qtelevision.com was received.
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Chopper
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I wouldn't publish the share count on a bet now! That's like saying I'll show you my cards if you show me yours first. hahahaha The Heck with the MM's. They have to give up the records proving the shares are purchased and sold properly. Then we can get a proper share count. Kick Some Azz Frank.


quote:
Originally posted by King Crimson:
quote:
Originally posted by 4Art:
Let them do it right. Audited figures will mean so much more....

...agreed, but what's the reason for secrecy?? and gagged t/a??

...simple question--how many shares of common stock did the company ISSUE to be sold on the open market??

i am sure they had an accurate count when they ISSUED them, after that it's out of their hands--whoever sold however many shares will have to deal with that situation--doesn't change how many shares were ISSUED.

right now the only people this uncertainty is protecting are people illegally transacting this stock (if any).



--------------------
It will run when you least expect it. :)

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4Art
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polo1110, if you're this anxious now, you may want to consider selling, and buying back in later, so that you can sleep! Stress kills.
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GatorMan
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quote:
Originally posted by polo1110:
Let's not forget, Frank's newly designated Preffered Shares are untouchable to a reverse split. That also scares me. He can convert them back after a r/s and make a killing.

Even if there WERE a R/S, any conversion rate for preferred to Common would also be adjusted by the amount of the split. So if the conversion rate were 1 preferred converts to 100 common and there was a 1:10 R/S on the common, the new conversion rate would be 1 preferred gets you 10 common.

--------------------
The opinions expressed here by myself and others should be taken for what they are: opinions. Beware, many express opinion as fact. Do your own research from reputable sources and never invest more than you can afford to loose. ~,-,-< GatorMan

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4Art
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And... they've already promised that there won't be a reverse split as long as the current management team is in place.
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Spartans
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WTF are we talking about here.???? An RS???

Try and focus on what is happening...If your an investor in QBID your CEO is taking on the Broker Houses...He wants input...that's what he said in the PR...What you say we try and see how to help?...Try and stop sending the company e-mails that don't mean sheet....They have their hands full running a company and now taking on the MM's...Loosen up folks...take a breath...

quote:
Originally posted by GatorMan:
quote:
Originally posted by polo1110:
Let's not forget, Frank's newly designated Preffered Shares are untouchable to a reverse split. That also scares me. He can convert them back after a r/s and make a killing.

Even if there WERE a R/S, any conversion rate for preferred to Common would also be adjusted by the amount of the split. So if the conversion rate were 1 preferred converts to 100 common and there was a 1:10 R/S on the common, the new conversion rate would be 1 preferred gets you 10 common.

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King Crimson
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quote:
Originally posted by madmoney:
quote:
before frank can release the oustanding share count he needs to know how many illeagle shares ( if any ) may be in the current float.

...why???
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U4TSAF2
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PER FRANK OLSEN:

PALM SPRINGS, Calif.--(BUSINESS WIRE)--Aug. 4, 2005--Q Television Network (OTCBB Other: QBID), the first 24/7 premium network for the gay and lesbian community, announced today that the company has hired a team of investigators in an effort to uncover any inappropriate trading activity.
"I am extremely frustrated with the current value of our shares," said Frank Olsen, President, CEO and Founder of Q Television Network. "As you know, we are currently in an audit to become a fully reporting company. With all the positive news the network has had I am deeply concerned that the stock has not increased in value, and this investigation has become my number one concern."

Q Television is taking aggressive steps to stop any inappropriate selling of QBID. The network wants to uncover any unrecorded shareholders and disclose all market makers. Q will look into where the market makers are getting their stock, and will, to the best of its ability, start an investigation to flush out any inappropriate sales, thus ensuring that every share is purchased and paid for before it is resold on the market.

"Once the internal investigation is over we will be able to give our shareholders an accurate final share count of QBID. We will be able to determine how many legal shares exist in the market place, and any inappropriate trading will be dealt with by the regulatory agencies. We will do our best to uncover any manipulation of the stock, and we ask that all our loyal shareholders come to us with any questions or concerns about this manipulation. We have set up an email address for all your questions at shareholderprotection@qtelevision.com," Olsen continued.

This investigation is an important part of the current audit, and it will help QBID speed up the process of becoming a fully reporting company.

I GUESS FRANK FRAUDSTER OLSEN WHO TELLS THE WORLD OF 3 BUYBACKS THAT NEVER HAPPEN HAS NOTHING TO DO WITH THE SHARE PRICE.

HOW ABOUT THE BUYBACKS WITHOUT ANY SHARE COUNT.

WHAT ABOUT FEB O4 WHEN QBID HAS 15-BILLION SHARES AND THEN GIVES AWAY ANOTHER 6-BILLION AND THEN AUTHORIZES 50-BILLION MORE FOR A 71-BILLION TOTAL SHARE COUNT.

WHAT ABOUT THE $7-MILLION DOLLARS ON FAILURE IN 2000. 4-YEAR EXPENSES AT $33,000/MONTH TO TOTAL 1.5 MILLION, ONGOING $780,000/MONTH EXPENSES FOR THE PAST 12-MONTHS AT 9-MILLION DOLLARS, A $2-MILLION DOLLAR LOAN AND 5-YEAR GUARANTEED FINANCING HAS TO BE REPAID AND NO WAY TO EXPLAIN WHERE THAT MONEY COMES FROM.

FRANK THE FRAUDSTER SAYS HE "RETIRED" SHARES.

NOW HE TELLS US 53% OF THE STOCK WHICH HE OWNS AND HE'S GOING TO RESTRICT SO THAT IT CAN'T BE USED. UH HELLO, DOES ANYONE HAVE ACCESS TO BILL GATES 2-BILLION SHARES TO TRADE? SINCE THERE IS NO ACCESS IT'S NOT PART OF THE FLOAT WHICH IS THE SHARES THAT ARE TRADED, TO RESTRICT FRAUDSTERS SHARES IN ANY WAY MEANS NOTTA!

NOW WE'RE IN A AUDIT TO BECOME A FULLY REPORTING COMPANY. OH HERE WE GO AGAIN. THIS IS WHAT, NOW THE UP-TEENTH TIME WE'RE DOING THIS. RENEE JUST SLIPPED US AND TOLD US QBID IS "DIRTY" AND CAN'T UPGRADE. BETTER YET, THIS WAS RIGHT AFTER FRAUDSTER TOLD US HE WAS UPGRADING.

NOW HE'S TOOTING THAT HORN AGAIN. WE'RE UPGRADING.

WE HAVE Q-MOBILES WHICH HAVE NEVER BEEN SEEN AND FURTHER, HOW TO PAY FOR THEM AND WHO'S PAYING FOR THEM? FRAUDSTER TELLS US HE HAS PRODUCTION STUDIO'S ALL ACROSS AMERICA, WELL WHO'S PAYING FOR THAT? OFFICE IN NY CITY, WHO'S PAYING FOR THAT?

AMAZING HOW THE BANK OF INVISIBLE KEEPS GIVING FRANK THE FRAUDSTER MONEY. OH, HOW ABOUT THOSE PRIVATE HEDGE FUNDS THAT WERE BIG NAME ENTITIES. WHO'S REPAYING THOSE PEOPLE?

YOU HAVE A CHANNEL WITH NO DISCLOSED VIEWER BASE, YOU HAVE VIACOM WHICH IS A FREE CHANNEL AND REPORTING HOW MANY SUBS THEY HAVE.

SO THE BOTTOM LINE IS, WHERE IS ALL THIS MONEY COMING FROM? NOW TO BOOT, WE'RE GOING TO HIRE A INDEPENDENT FIRM TO RESEARCH THE STOCK. WHERE IS THAT MONEY COMING FROM?

SO AFTER THIS INVESTIGATION WE'LL BE ABLE TO HAVE A ACCURATE SHARE COUNT? SO WHAT HAPPENED BETWEEN FEB 04 WHEN WE WERE GIVEN QBID HAS 15-BILLION SHARES AND NOW?

FURTHER, HOW CAN FRAUDSTER RESTRICT 53% OF THE STOCK IF HE DOESN'T KNOW WHAT THE SHARE COUNT IS UNTIL THE "INVESTIGATORS" GET DONE DOING WHAT THEY DO?

GEE, I CAN'T IMAGINE WHY QBID WOULD BE .0014. WE ARE DEMANDING TO KNOW, WE'RE GONNA FIND OUT. WE'RE GONNA DO THIS AND WE'RE GONNA DO THAT.

YOU GO FRANK. SOUND THE TRUMPETS, Q IS ON THE MOVE.

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4Art
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Agreed. It gets rediculous how these fears pile up on slow days.

quote:
Originally posted by Bearclaw:
WTF are we talking about here.???? An RS???

Try and focus on what is happening...If your an investor in QBID your CEO is taking on the Broker Houses...He wants input...that's what he said in the PR...What you say we try and see how to help?...Try and stop sending the company e-mails that don't mean sheet....They have their hands full running a company and now taking on the MM's...Loosen up folks...take a breath...


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4Art
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And, like clockwork, heeeeeeerrrrrres U4TSAF2! LOL
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madmoney
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an R/S now would kill the company. you know that. i know that. frank knows that. so lets drop it and move on!. i think the pr shows that frank believes what many of us have long susspected is true, that our stock is being or has been manipulated by naked short selling. when the trueth comes out and the audit is released i think we will all be pleased.
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Jennifercd10
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If you had one question to ask Frank, other than the audit/flost stuff or carriers what would it be?

--------------------
Your greatest investment is into a peaceful heart.

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4Art
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I guess the audit might have to be further delayed while they sort this out. Oh well, I'll be ready when they are... LOL
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one2watchny
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Is this the day?

--------------------
EVERY Day ABOVE GROUND is a GREAT DAY!!!

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Bottomliner
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quote:
Originally posted by Bearclaw:
POLO... Take it easy... This involves Naked Shorting... Buying and selling shares they do not have in their possession or do not pay for... Your and my shares are fine... It's the Brokers that may have problems in a count... Folks watch for new people posting and bashing...this could get dirty...

Bearclaw
I don't know for sure, but I think you ARE CORRECT about our shares. If my broker buys "illegal" shares on my behalf, it's his error, his liability and his obligation to make me whole. The worst case scenario might require me to take legal action against him. JMHO . . . but I am not concerned about it.

I am more concerned about how to hide some of my capital gains from Uncle Sam. Any tax cheaters out there willing to share secrets? [Big Grin]

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

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4Art
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It's apparently cryptic message day at Allstocks!
quote:
Originally posted by one2watchny:
Is this the day?


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polo1110
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How would a r/s kill the company? I seems like it might be beneficial in the effort to move to a better exchange. I am in no way promoting it, but still, kill the company?

quote:
Originally posted by madmoney:
an R/S now would kill the company. you know that. i know that. frank knows that. so lets drop it and move on!. i think the pr shows that frank believes what many of us have long susspected is true, that our stock is being or has been manipulated by naked short selling. when the trueth comes out and the audit is released i think we will all be pleased.



--------------------
Still holding, Still waiting, ...

Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :)

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4Art
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Now that would be an interesting thread to read! LOL
quote:
Originally posted by Bottomliner:
Any tax cheaters out there willing to share secrets? [Big Grin]


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Bottomliner
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quote:
Originally posted by 4Art:
It's apparently cryptic message day at Allstocks!
quote:
Originally posted by one2watchny:
Is this the day?


Good one, 4Art.

Reminds me of an old Dustin Hoffman movie ("Marathon Man"). If you've seen it, you will understand . . . "Is it safe? Is it safe?"

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

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polo1110
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I'm not selling. Mainly b/c I'm not squirmish like many investors. I put in what I could lose, I'm just sick of the game. Don't get my anger (based on my personal view yes, not fact) confused with fear.

quote:
Originally posted by 4Art:
polo1110, if you're this anxious now, you may want to consider selling, and buying back in later, so that you can sleep! Stress kills.



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Still holding, Still waiting, ...

Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :)

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4Art
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It might be beneficial AFTER a move to an exchange but certainly not before. In any case, it's not going to happen so it's a moot point.

quote:
Originally posted by polo1110:
How would a r/s kill the company? I seems like it might be beneficial in the effort to move to a better exchange. I am in no way promoting it, but still, kill the company?


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Bottomliner
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Double post, deleted by Bottomliner.

[ August 04, 2005, 16:01: Message edited by: Bottomliner ]

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

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Ligge
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I put in another order for 1 mill shares @ .0014.

My ticker is showing no volume since my order was placed... ugh!

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polo1110
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I still agree, but the transferring to ps from cs concerned me. Somebody just eased my mind on that, explaining the conversion rate, but I'm too lazy to scroll up now. [Smile]

quote:
Originally posted by 4Art:
It might be beneficial AFTER a move to an exchange but certainly not before. In any case, it's not going to happen so it's a moot point.

quote:
Originally posted by polo1110:
How would a r/s kill the company? I seems like it might be beneficial in the effort to move to a better exchange. I am in no way promoting it, but still, kill the company?




--------------------
Still holding, Still waiting, ...

Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :)

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4Art
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I would be angry and nervous if there were NO PRs (like so many pinks). As it is, I feel they're being straight with us and planning very well. All IMO, but it's a strong O. LOL

quote:
Originally posted by polo1110:
I'm not selling. Mainly b/c I'm not squirmish like many investors. I put in what I could lose, I'm just sick of the game. Don't get my anger (based on my personal view yes, not fact) confused with fear.

quote:
Originally posted by 4Art:
polo1110, if you're this anxious now, you may want to consider selling, and buying back in later, so that you can sleep! Stress kills.



Posts: 3243 | From: California | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
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