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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 56)

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Author Topic: QBID... The Beginning of the End to MM
Jennifercd10
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Hi Guys!!!Turn about is fair play. The trade at 15:59:59 is another 2,000,000 shares that I now OWN and are LOCkED DOWN. How sweet it is to have the last trade of the day!!!

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

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sweetness34
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not that this means anything but Hmmmmm very similar this is from today. and the original post is from yesterday

3:51:35 PM 0.0018 6,000,000
3:51:35 PM 0.0018 9,000,000
3:51:35 PM 0.0018 9,000,000
3:51:35 PM 0.0018 9,000,000
3:51:35 PM 0.0018 9,000,000
3:51:35 PM 0.0018 9,000,000
3:51:35 PM 0.0018 9,000,000


quote:
Originally posted by sweetness34:
2:43:26 PM 0.0019 9,000,000
2:43:26 PM 0.0019 6,000,000
2:43:26 PM 0.0019 9,000,000
2:43:26 PM 0.0019 9,000,000
2:43:26 PM 0.0019 9,000,000
2:43:26 PM 0.0019 9,000,000
2:43:26 PM 0.0019 9,000,000


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MillerTIME
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quote:
Originally posted by Jennifercd10:
Hi Guys!!!Turn about is fair play. The trade at 15:59:59 is another 2,000,000 shares that I now OWN and are LOCkED DOWN. How sweet it is to have the last trade of the day!!!

hilarious jennifer i love it!
when did you put the order through???just wondering how long it took them to fill it at the ask...

jenn you still think will have what we want by next friday???

--------------------
Buy the silence-Sell the noise
SFTV.004-.0075
AVNT.0018-.0033
FPPL.0034-.03
WEGI. My new Call

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MillerTIME
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quote:
Originally posted by sweetness34:
not that this means anything but Hmmmmm very similar this is from today. and the original post is from yesterday

3:51:35 PM 0.0018 6,000,000
3:51:35 PM 0.0018 9,000,000
3:51:35 PM 0.0018 9,000,000
3:51:35 PM 0.0018 9,000,000
3:51:35 PM 0.0018 9,000,000
3:51:35 PM 0.0018 9,000,000
3:51:35 PM 0.0018 9,000,000


quote:
Originally posted by sweetness34:
2:43:26 PM 0.0019 9,000,000
2:43:26 PM 0.0019 6,000,000
2:43:26 PM 0.0019 9,000,000
2:43:26 PM 0.0019 9,000,000
2:43:26 PM 0.0019 9,000,000
2:43:26 PM 0.0019 9,000,000
2:43:26 PM 0.0019 9,000,000


enough said....post of the day goes to sweetness!

--------------------
Buy the silence-Sell the noise
SFTV.004-.0075
AVNT.0018-.0033
FPPL.0034-.03
WEGI. My new Call

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King Crimson
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don't know if this is it, but it's for sale....

LISTING #S40014

Burbank Television Studio

Sunbelt Business Brokers of Beverly Hills Presents: Burbank Television Studio Complex offered for sale. State of the art broadcast facility with two large stages, three edit suites, fully equipped with absolutely everything! Cameras, VTR's, switchers, lighting, fiber optics for live television, all support equipment, eleven completely furnished dressing rooms, fully outfitted offices. Over two million dollars worth of equipment and furnishings. For more information, please contact Brent Costello at (310) 273-3048.

Primary Business Category Information Services - Broadcasting (SIC 48, NAICS 513)
Secondary Business Category Services - Other Services (SIC 76, NAICS 810)
Location California
Metropolitan Area Glendale/Burbank/Pasadena Area
Listed by An Intermediary

FINANCIAL INFORMATION
Gross Revenue $1,900,000 Asking Price $2,100,000
Current Year Projected Revenue Not Disclosed FF & E (included) $2,000,000
EBITDA $350,000 Inventory (included) Not Disclosed
Current Year Projected EBITDA Not Disclosed Real Estate (included) Not Disclosed
Profitable Not Disclosed Transaction Sought Negotiable
Business Type Partnership Payment Requested Cash
Financials Reviewed Seller Financing Available Negotiable

COMPANY INFORMATION
Year Established 1992 Home Based No
Number of Employees Less than 5 Franchise No
Management Available to Stay Distressed No
Non Compete Agreement Available Relocatable No
Reason for Sale Retirement
Fiscal Year End Not Disclosed
Ownership Not Disclosed

Facilities
25,000 sqft.

SELLER INFORMATION
Brent Costello
Sunbelt Business Brokers
Beverly Hills, California

http://www.mergerplace.com/mp/visitor/buyers/view/40014


BUT...

the jeopardy/wheel-of-fortune thing....

Today the Japanese company Sony owns what is left of the old MGM lot producing such television shows as Jeopardy! and Wheel of Fortune.

http://www.theculturedtraveler.com/Archives/AUG2005/Host_Review.htm


sony pictures studio tour (formerly M-G-M Studios)

But Columbia is a relative newcomer to the Culver City lot. They spent most of their time at what is now called the Sunset-Gower Studios in Hollywood (until 1972), and spent their latter years in the Valley (sharing with Warner Bros what was then called “Burbank Studios.”) It was only in 1990 that Sony finally purchased this historic Culver City lot. For more than six decades (from 1924 to 1986), this was M-G-M Studios.

http://www.seeing-stars.com/StudioTours/SonyTour.shtml


sunset-gower studios (formerly Columbia Pictures Studios)

Built in 1921, this 17-acre Hollywood movie studio was originally the historic Columbia Pictures Studios.

Update: In December of 2004, it was announced that the Sunset-Gower studio had been purchased by a private equity firm GI Partners (which manages an investment pension fund) for a price of $110 million. Fortunately, there are no plans to tear down the lot, and as of now, production will continue as usual.

http://www.seeing-stars.com/Studios/SunsetGower.shtml

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whizknock
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At work all day & log on to find out that we're still holding .0019 plus we now own a money making,,,,,,,

PALM SPRINGS, Calif., Aug. 12, 2005 (PRIMEZONE) -- Q Television Network (Other OTC:QBID.PK - News), the first 24/7 premium network for the gay and lesbian community, which will be celebrating its one-year anniversary on September 5th, announced today that it has purchased and closed on a revenue generating studio in Burbank, California. The studio will be renamed ``Q Television Media City'' and will be the center of all of Q's original programming.

"All we ever had to do is launch!"

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Q-ualityBabe
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Hi all,

I just got off the phone with my best friend Jenn.
It seems she tried to feed her laptop White Zinn and it got major indigestion!
She has had to go to a friend's to use their computer the last few days.
She said to tell you all that she had the last laugh of the day. I think she said "Muwahaha! Am I bad!"
She waited till the last three minutes to hit the buy button.
Wait till you meet her at our L(u)V party. She is one of a kind! [Smile]

--------------------
Life is too short to date cruel men or drink cheap wine...always go for quality in whatever you choose. You're worth it!

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whizknock
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quote:
Originally posted by King Crimson:
don't know if this is it, but it's for sale....

LISTING #S40014

Burbank Television Studio

http://www.seeing-stars.com/Studios/SunsetGower.shtml

Once again KC,,,Good work!!!!

--------------------
whizknock

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King Crimson
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...how ya making out whiz...good times ahead....
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whizknock
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I'm hanging in there KC. Looking forward,,,towards the horizon!

--------------------
whizknock

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DIGDOUGH
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I just talked to this Brent Costello guy. Tight lipped as can be. He did say the studio in reference has an offer on it. He gave me his email address which I didn't write down in case it doesn't sell. According to Q theres is a done deal. [Mad]
[QUOTE]Originally posted by King Crimson:
[QB] don't know if this is it, but it's for sale....

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Bottomliner
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quote:
Originally posted by g-invest:
Sarcasm. Is that all anyone on here can do . . .

g-invest
Yep.

quote:
. . . You guys have me figured all wrong, I swear.
g-invest
Doubt it.

quote:
. . . I get a bit of a chuckle out of the comments though, so keep them coming.
g-invest
Nope.

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

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DIGDOUGH
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I guess the receptionist is going to Shlt come monday when she finds out, that Media city is owned by Q. As of today she doesn't have a clue.
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BlackWidow
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Ok, how's this for a bit of a theory?

Frank finds a studio that can be purchased for approx $2.6 mil cash.

He doesn't have that amount of cash available, but does have additional A/S shares.

Likewise he wants to move to another exchange, so he doesn't want a DISCLOSED bloated share count.

So he announces buyback, and completes it. Thus looking better for audit purposes.

He hires an outside accounting firm. They are auditing past sales and confirm the books as of a specific date-a date in the (recent) past.

He is then free to sell shares, even while audit is ongoing.

Frank has cash to buy studio on 8/12, auditors finish their report in mid-Aug, with a share count as-at date.

Frank has win-win for carriers. Announcement of studio and positive audit results cause pps to rise substantially so shareholders recover in the end.

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sweetness34
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Should be interesting next week. Im out everyone have a good weekend..
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Pennies to Dollars
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quote:
Originally posted by MillerTIME:
even jennifer now has joined in and saying that by next friday we will get what we want!

There's a lot of things we want. I may have missed it... What was she saying?
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bige2533
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OT

Can we NOT discuss the g-invest IP address challenge in Vegas?

quote:
Originally posted by Q-ualityBabe:
Hi all,

I just got off the phone with my best friend Jenn.
It seems she tried to feed her laptop White Zinn and it got major indigestion!
She has had to go to a friend's to use their computer the last few days.
She said to tell you all that she had the last laugh of the day. I think she said "Muwahaha! Am I bad!"
She waited till the last three minutes to hit the buy button.
Wait till you meet her at our L(u)V party. She is one of a kind! [Smile]


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Bigrod40
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OK since Everyone is guessing on the Burbank Building, here is mine


http://www.sunbeltbizbrokers.com/listings/view.asp?listing=760146&searchtext=%20BH191

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user095263
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seeing as Burbank is about 5 miles from Glendale...

and Q entered into a partnership with ValCom, the parent company that owns all those Glendale and LV studios...

and ValCom was selling them when they restructured Valencia Ent...

don't you think it's a good bet that since Q purchased Valcom's programming they then also purchased one of their studios?

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

ValCom Perseveres And Emerges Subsidiary Out Of Chapter 11

Valencia, California August 4, 2004 /BusinessWire/ --a subsidiary of ValCom, Inc., (OTC Bulletin Board: VACM; Frankfurt XETRA: VAM) (the "Company") Valencia Entertainment International emerged from Chapter 11. ValCom, Inc. also announced today that the Company has sold 6 of its 12 owned/operated Los Angeles studios for over $10 million and has paid off the Company's debt. The Company will continue to operate its 14 film and television production sound stages, both in Los Angeles and Las Vegas, with the primary focus being on its newly acquired studio facilities in the Las Vegas booming entertainment market.

Vince Vellardita, Chairman and CEO stated, "We are delighted that these proceedings have concluded favorably. We will now move forward with the recovery efforts and the significant opportunities we have developed in one of the world's largest markets -- the "Entertainment" industry. Our past successes position ValCom to become one of the leading television and film studios and services companies in the Country. The partnerships we have solidified during the past 12 months will enhance our product offerings, increase our distribution channels, and accelerate our growth. We are relieved to have Valencia Entertainment back up and running. We are also very excited to have acquired the Las Vegas property, as this market is booming; and there are no other facilities capable of providing the needs of the fastest growing city in the US, and the entertainment capital of the world. With a presence both in Los Angeles and now Las Vegas, the Company has the perfect opportunity to capitalize on this revenue stream."

About ValCom, Inc.

Based in Valencia, California, ValCom, Inc. with wholly owned subsidiary, ValCom Studios, Las Vegas, is a diversified and vertically integrated, independent entertainment company. ValCom, Inc. through its operating divisions and subsidiaries creates and operates full service facilities that accommodate film, television and commercial productions with its four divisions that are comprised of: studio, film and television, camera/equipment rentals, and broadcast television ownership. The company offers its clients a full complement of animation services, broadcast facilities, recording studios and other related services for the entertainment industry.

The Company owns/operates 13 acres of land and approximately 300,000 square feet of commercial building space with 14 film and television production sound stages. ValCom maintains long-term contracts with Paramount Pictures for their hit CBS’s series "JAG" and "NCIS". ValCom's equipment/camera and personnel rental business, Half-day Video, is a leading competitor in the Hollywood community. The Company and its partnership operate ValCom Broadcasting KVPS-TV Channel 8 in Palm Springs, CA. For additional information visit www.valcom.tv or call Ms. Shari L. Edwards at 661-257-8000.

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1955. Any "forward-looking statements" are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. Any statements that are not historical fact (including without limitation statements to the effect that ValCom, Inc. or its management "believes," "expects," "anticipates," "plans," "looks forward" and similar expressions) should be considered forward-looking statements.

Source: ValCom, Inc.

Website: www.valcom.tv
--------------------------------------------

and that's my one-and-a-half cents worth [Smile]

~BB

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Bigrod40
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[Roll Eyes] Just thinking here,
With the purchase of this building with all the production equipment going with it, could be the reason Frankie had an extra $3 Million for the supposed buyback???
Comments??

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Doctoall
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quote:
Originally posted by Bigrod40:
[Roll Eyes] Just thinking here,
With the purchase of this building with all the production equipment going with it, could be the reason Frankie had an extra $3 Million for the supposed buyback???
Comments??

For sure, remember that Frank did indicate in a past PR that he would be using the equiptment money for the buyback. This now makes sense if in fact he had his eyes set on the studio purchase. [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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mrgr8avill
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Okay everyone -- here's one for 'ya...

I actually think that I personally have been too hard on G-vest. He actually makes very well though-out points. I suppose it is the fact that he "accuses" rather than "considers" that had me so riled.

I still think there is a line between actually "accusing" someone of doing something as opposed to presenting evidence and indications without making that firm of a conclusion, but I honestly have to admit that G seems knowledgeable and insightful. He certainly is better-read than the typical "basher," and I for one think it is the conclusions he makes rather than the data he presents that gets everybody (including me) so worked up.

So, I for one will in future listen to what he has to say and continue to make up my own mind, but I am not going to be nasty to anyone anymore unless they are nasty with me first, or unless they just plain "bash" without any kind of backup or thought process whatsoever.

My thought for the day and weekend is..... "can't we all just get along?"

That said -- hey DID say he gets kind of a chuckle out of the funnies thrown at him, so have at it if you'd like -- I am only speaking for myself here....

from now on, I am back to making funnies when I think of them, adding what I can when I can, and arguing points on their merits alone when I think I have enough to say.


Confession over -- and I hope my tentative inviation to the party in Vegas is not in the shredder, because I would really like to go [Smile]

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mrgr8avill
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DAMN! I wanted to post some information I have on studio buildings in Burbank, but I can't because it is not within the copyright terms of my account. I am calling my commercial real estate subscription service to see if they will let me. Can't afford to get my account canceled, but would have dug the five star report.....

More as soon as I can get it [Smile]

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King Crimson
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quote:
Originally posted by Bigrod40:
[Roll Eyes] Just thinking here,
With the purchase of this building with all the production equipment going with it, could be the reason Frankie had an extra $3 Million for the supposed buyback???
Comments??

sounds like 'we' (@ allstocks) could walk in there and buy this...

Inventory (included) Not Disclosed--"Over two million dollars worth of equipment and furnishings"

Real Estate (included) Not Disclosed--how much could this be worth??

Profitable Not Disclosed--but still profitable

Seller Financing Available Negotiable--we'll talk to him and see if he won't "take back" some financing for us also.... [Smile]


FINANCIAL INFORMATION

Gross Revenue $1,900,000
Asking Price $2,100,000
Current Year Projected Revenue Not Disclosed
FF & E (included) $2,000,000
EBITDA $350,000
Inventory (included) Not Disclosed
Current Year Projected EBITDA Not Disclosed
Real Estate (included) Not Disclosed
Profitable Not Disclosed
Transaction Sought Negotiable
Business Type Partnership
Payment Requested Cash
Financials Reviewed
Seller Financing Available Negotiable

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Rich735
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This is the studio that they said we bought over on IHUB!!

http://www.mediacitystudios.com/

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4Art
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I don't get along with trolls... [Cool]

quote:
Originally posted by mrgr8avill:
"can't we all just get along?"


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4Art
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An Internet "troll" is a person who delights in sowing discord on the Internet. He (and it is usually he) tries to start arguments and upset people.

Trolls see Internet communications services as convenient venues for their bizarre game. For some reason, they don't "get" that they are hurting real people. To them, other Internet users are not quite human but are a kind of digital abstraction. As a result, they feel no sorrow whatsoever for the pain they inflict. Indeed, the greater the suffering they cause, the greater their 'achievement' (as they see it). At the moment, the relative anonymity of the net allows trolls to flourish.


http://members.aol.com/intwg/trolls.htm

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Penny-Trader
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Where are you miller time?

im in ONtaria along the ny ontario boarder. St Lawrance river

Rod

quote:
Originally posted by MillerTIME:
quote:
Originally posted by DIGDOUGH:
WOW. So you ain't just going up the road a piece. Canada is a long way from Bourbon st. Sounds awesome. Bring back pics if possible.

quote:
Originally posted by MillerTIME:
[QUOTE]Originally posted by DIGDOUGH:
[QB] MT, I hope your cottage is by a nice lake, thats a plus. If not have a good weekend any way. This is good news. We'll be jumping up and down when the pps reflects all of this productivity.

DD, you gotta love it!!!cottage is up in haliburton county canada- lakes are beautiful...my house in lousiana, well, lets say the lakes down there are another story!!!ahhahahahha


hahahahaah, no no no, DD ive been in Canada most of the summer! gotta cool down from the 100+ down south!!!headin back to la in 1 week


--------------------
Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.

This is a non reporting pink sheet with very high risk. From high risk comes high rewards.
Dont invest more then you can afford to lose.

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g-invest
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quote:
Originally posted by mrgr8avill:
I still think there is a line between actually "accusing" someone of doing something as opposed to presenting evidence and indications without making that firm of a conclusion, but I honestly have to admit that G seems knowledgeable and insightful. He certainly is better-read than the typical "basher," and I for one think it is the conclusions he makes rather than the data he presents that gets everybody (including me) so worked up.

I do accuse Frank of diluting. Maybe he's buying back now, I don't know. I do find it interesting that this last run went NEARLY back to the same level as the last run. That almost makes me wonder if maybe Frank is done diluting now that he has that studio. I can't, for the life of me, figure out what he'd need to dilute for if their expenses are really cut by 70%.

Think about it, if expenses were a million and they were bringing in 400,000 in revenues, that's a loss of 600,000 that shareholders would have to make up. If it gets reduced by 70%, that means we might actually be seeing a profit in the near future. I'm still skeptical, but I *do* own shares, so I think it's a healthy skepticism.

Again though, it bothers me that Frank got rid of his %53 of the OS, because that tells me that there could be more dilution. I'd like to hear a definitive on why he did that.

--------------------
As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO.

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Bigrod40
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This job goes right along with the building purchase, as I noted last night it is dated yesterday.

http://losangeles.craigslist.org/tfr/90487031.html

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user095263
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i thought logo tv wasn't on air yet? am i mistaken? cuz there's a channel called logo on time warner 155...
~BB

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buckwheatbob
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You're not going to start this dilution crap again are you? I said I would back off if cut with the crap until proven but if you are going to crap in my cornflakes with the BS again then I am going to start as well. You finally started to post some decent info,don't go back to the childish crap again.

quote:
Originally posted by g-invest:
quote:
Originally posted by mrgr8avill:
I still think there is a line between actually "accusing" someone of doing something as opposed to presenting evidence and indications without making that firm of a conclusion, but I honestly have to admit that G seems knowledgeable and insightful. He certainly is better-read than the typical "basher," and I for one think it is the conclusions he makes rather than the data he presents that gets everybody (including me) so worked up.

I do accuse Frank of diluting. Maybe he's buying back now, I don't know. I do find it interesting that this last run went NEARLY back to the same level as the last run. That almost makes me wonder if maybe Frank is done diluting now that he has that studio. I can't, for the life of me, figure out what he'd need to dilute for if their expenses are really cut by 70%.

Think about it, if expenses were a million and they were bringing in 400,000 in revenues, that's a loss of 600,000 that shareholders would have to make up. If it gets reduced by 70%, that means we might actually be seeing a profit in the near future. I'm still skeptical, but I *do* own shares, so I think it's a healthy skepticism.

Again though, it bothers me that Frank got rid of his %53 of the OS, because that tells me that there could be more dilution. I'd like to hear a definitive on why he did that.



--------------------
Buckwheat

Posts: 792 | From: Bradford, Ont. | Registered: Jun 2004  |  IP: Logged | Report this post to a Moderator
Penny-Trader
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OK here is a detailed explanation of what i feel this deal means.

im going to fill you in on some history.

29 April 2005: Q Television Network announces Buyback of Company Stock. Q Television Network announced today that with proceeds specifically allocated for production equipment, the company will immediately begin to aggressively buyback QBID stock... http://biz.yahoo.com/bw/050429/295319.html?.v=1

Why are they spending this money? money that they had earmarked for equipment?

Because they no longer need to buy that equipment. because of this deal
because 21 days later they announced this:

20 May 2005: Q Television Network Sets Sight on Hollywood. Q Television Network announced today that they are in negotiations to purchase a production studio in the greater Los Angeles area. The studio currently has production contracts which Q Television will inherit once the deal is finalized. Q Television hopes to take possession of the studio by June 1, 2005 and have a final closing no later than July 1, 2005... http://biz.yahoo.com/bw/050520/205258.html?.v=1

they no longer require the equipment because this studio has all the equipment they will require.


now in one of the interviews, frank has stated that he is fully funded through 2008. and informs us that his burn rate is 1.5 - 2 million a month.

out of this 2 million a month lets figure high and say that thier fixed costs of office space and staffing requirements are between 200-300 grand a month. but lets play it conservative as say $500 grand. this will leave on the high end
1.5 million a month that is production costs.

now we take to-days pr and start to dissect it.

they say that the new production studios will allow them to cut thier production costs by 73%.
73% of 1.5 million a month equates to a savings of $1,095,000 a month.

on top of that the studio has a income of $400,000 a month in revenues.

OK so now lets back up now.

U4 will be asking us where does Frank get the money to buy this studio.

Well lets Analise this. We are funded to 2008 and we are spending 2 million a month.

we dont know what we paid for it, but if the posts earlier are accurate it looks like the cash price for the studio is just under 3 million dollars.

with a savings of $1,095,000 a month even if we paid 5 million for the studio, our savings per month and the revenue the studio produces we could pay for it for it with only 4 months of savings in costs, meaning 5 months from today the studio is fully paid for and we have reduced our costs by 73% in the 5th month. meaning that any funding after that could go 73% further then it did before.


now we have revenue from the studio at $400,000
we have Revenue that we dont know how much from the dvd sales.
we have revenue from subscribers. numbers that we last heard where 22,000 which gives us $87,000
and we have revenue from advertising which lets say its only $50,000 a month right now, i believe that is low but i want to remain conservative.
$400,000
$87,000
$50,000

This comes to $537,000 in revenues that we are aware of at this point.

we reduced out monthy expenses of 2 million by 1.095 million leaving a burn rate of $903,000 month

less the $537,000 revenues leaves us a deficit of $366,000
in order to make up the difference we either need to get 91,000 more subscribers, which once we go national is a no brainer or 50,000 more subscribers and raise our advertising dollars.


now something to think about is that on July 29th Frank stated that our subscriptions where up over 200% which would mean 66,000 subs. so if these numbers are accurate, you can reduce the needs by about 44,000 subs to make us break even.

last week Frank stated that we would be profitable by 2nd quarter of 2006. that is only 12 months from now. I think he is being conservative.

these numbers are all derived from information that has been released to us from PRs and interviews.

we are going to be rocking here real soon people.

so this is the long version of why i feel that to-days PR was a big PR

Rod

--------------------
Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.

This is a non reporting pink sheet with very high risk. From high risk comes high rewards.
Dont invest more then you can afford to lose.

Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
buckwheatbob
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The question about the studio was one of the ones I had asked about afew weeks ago. I am glad they came through with it and got it finalized. As far as the audit figures, I don't expect they will show up for at least a week or 2 as long as everything is on schedule. I am making this speculation based on my conversation with Richard. Studios with rental on off times and contracts? Oh ya! The pace is beginning to pickup and generated revenues are begining to grow. [Smile]

--------------------
Buckwheat

Posts: 792 | From: Bradford, Ont. | Registered: Jun 2004  |  IP: Logged | Report this post to a Moderator
buckwheatbob
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After all you drank last night, working over to 2 women on the other side of the picknik table and you can still be that focussed on numbers. ROFLMAO! I heard the drunken Scottsman is really hurting today......I am sure he is green... [Razz]

quote:
Originally posted by Penny-Trader:
OK here is a detailed explanation of what i feel this deal means.

im going to fill you in on some history.

29 April 2005: Q Television Network announces Buyback of Company Stock. Q Television Network announced today that with proceeds specifically allocated for production equipment, the company will immediately begin to aggressively buyback QBID stock... http://biz.yahoo.com/bw/050429/295319.html?.v=1

Why are they spending this money? money that they had earmarked for equipment?

Because they no longer need to buy that equipment. because of this deal
because 21 days later they announced this:

20 May 2005: Q Television Network Sets Sight on Hollywood. Q Television Network announced today that they are in negotiations to purchase a production studio in the greater Los Angeles area. The studio currently has production contracts which Q Television will inherit once the deal is finalized. Q Television hopes to take possession of the studio by June 1, 2005 and have a final closing no later than July 1, 2005... http://biz.yahoo.com/bw/050520/205258.html?.v=1

they no longer require the equipment because this studio has all the equipment they will require.


now in one of the interviews, frank has stated that he is fully funded through 2008. and informs us that his burn rate is 1.5 - 2 million a month.

out of this 2 million a month lets figure high and say that thier fixed costs of office space and staffing requirements are between 200-300 grand a month. but lets play it conservative as say $500 grand. this will leave on the high end
1.5 million a month that is production costs.

now we take to-days pr and start to dissect it.

they say that the new production studios will allow them to cut thier production costs by 73%.
73% of 1.5 million a month equates to a savings of $1,095,000 a month.

on top of that the studio has a income of $400,000 a month in revenues.

OK so now lets back up now.

U4 will be asking us where does Frank get the money to buy this studio.

Well lets Analise this. We are funded to 2008 and we are spending 2 million a month.

we dont know what we paid for it, but if the posts earlier are accurate it looks like the cash price for the studio is just under 3 million dollars.

with a savings of $1,095,000 a month even if we paid 5 million for the studio, our savings per month and the revenue the studio produces we could pay for it for it with only 4 months of savings in costs, meaning 5 months from today the studio is fully paid for and we have reduced our costs by 73% in the 5th month. meaning that any funding after that could go 73% further then it did before.


now we have revenue from the studio at $400,000
we have Revenue that we dont know how much from the dvd sales.
we have revenue from subscribers. numbers that we last heard where 22,000 which gives us $87,000
and we have revenue from advertising which lets say its only $50,000 a month right now, i believe that is low but i want to remain conservative.
$400,000
$87,000
$50,000

This comes to $537,000 in revenues that we are aware of at this point.

we reduced out monthy expenses of 2 million by 1.095 million leaving a burn rate of $903,000 month

less the $537,000 revenues leaves us a deficit of $366,000
in order to make up the difference we either need to get 91,000 more subscribers, which once we go national is a no brainer or 50,000 more subscribers and raise our advertising dollars.


now something to think about is that on July 29th Frank stated that our subscriptions where up over 200% which would mean 66,000 subs. so if these numbers are accurate, you can reduce the needs by about 44,000 subs to make us break even.

last week Frank stated that we would be profitable by 2nd quarter of 2006. that is only 12 months from now. I think he is being conservative.

these numbers are all derived from information that has been released to us from PRs and interviews.

we are going to be rocking here real soon people.

so this is the long version of why i feel that to-days PR was a big PR

Rod



--------------------
Buckwheat

Posts: 792 | From: Bradford, Ont. | Registered: Jun 2004  |  IP: Logged | Report this post to a Moderator
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