Did any one see my earlier posts about the calls I made to the studios?
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
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
Ya they have been on the air for a month or so now
quote:Originally posted by betting babe: i thought logo tv wasn't on air yet? am i mistaken? cuz there's a channel called logo on time warner 155... ~BB
-------------------- 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
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posted
Hi fly. This is great. Its coming together little by little. I'm looking forward to the PPS popping out one of these days. I would like to get into free share mode.
quote:Originally posted by firefly: Hi dig nice eh?
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
stepping out. See what I can make of Fri night for awhile. Thanks Rod for the catchup on this. Now all I need is some fries. Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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Queerly emotional Even for those who stopped watching a long time ago, the final episode of ‘Queer As Folk’ was a tear-jerking pleasure. Friday, August 12, 2005
YES, I WAS a big “Queer As Folk” hater. For years, every time the popular Showtime gay drama started up another season, released another DVD or dropped a new CD compilation I would grunt and roll my eyes.
“Not that tired old thing, again,” I would say to myself (and sometimes out loud).
After the second season, I stopped watching entirely. As far as I was concerned, it could continue on with its outlandish plots, cartoon-like characters, mediocre acting and preachy premises without me as a witness.
Last Sunday, however, when the final “QAF” episode of the show’s fifth and final season aired, I tuned in for the first time in three years and found myself surprisingly moved.
ALL OF THE storylines wrapped up fairly neatly.
Melanie (Michelle Clunie) and Lindsay (Thea Gill), who recently reconciled after a messy breakup over a sexual indiscretion, moved with their two children to Canada, where they could legally get married and raise them in a much more gay-friendly environment.
Michael (Hal Sparks) and Ben (Robert Gant), who bought a house in the suburbs during the show’s final season, adopted the sometimes-troubled Hunter (Harris Allen), much to Debbie’s (Sharon Gless) delight.
Ted (Scott Lowell) and Emmett (Peter Paige) found opportunities for love (maybe) with two hotties from their pasts. Ted acknowledged that he would be just fine with or without a man, though he spent the better part of the final season worrying about his looks and looking for love in all the wrong places.
As for Brian (Gale Harold) and Justin (Randy Harrison), they called off their wedding so Justin could pursue an art career in New York. Brian, a changed man, stayed behind, possibly to resurrect the bombed-out Babylon.
And in the final scene, a remembrance of the series’ early episodes as a trail-blazing sexpot, the whole gang could be seen partying at the club.
I was sobbing.
It was a bit like the death of a great aunt. Here’s this family member that you’re not especially close to and only see on holidays and special occasions. She was a bit feeble and annoying at times, but once she’s gone, you remember just how much she meant to you.
Even if you didn’t watch “QAF,” it was always there: at Pride, advertised in gay magazines, touring a version of Babylon to cities around the country. You couldn’t get rid of it.
That’s part of what was good about it. Even though it had a huge straight following, it was the first show that was entirely ours. What is Pride going to be like without a “QAF” actor or two?
That visibility is a credit to its executive producers, Ron Cowan and Daniel Lipman, and its actors, three of whom are openly gay — Gant (Ben), Harrison (Justin) and Paige (Emmett). All of them were always willing to talk to the gay press, attend gay events and fund-raisers, and even campaign for political causes during the last presidential election.
“I think in retrospect it was groundbreaking in comparison to anything that has been done on TV before with gay content,” says Stephen Tropiano, author of “The Primetime Closet” and an authority on the history of gay television. “They delivered what they promised: a sexually explicit show. There really isn’t anything to take its place, at this time.”
Today, with three gay television networks (Here!, Logo and Q Television) and counting, there will be plenty more shows with gay and lesbian themes. Plenty of them (I hope) will include some hot sex scenes and be involved in community work.
But “Queer As Folk” was first. It was brave, bold and pioneering. For that, we should be proud.
-------------------- 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
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Buckwheat and myself went out drinking with the Senior vice president of our company last night.
we had a blast
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
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posted
I missed most of todays action, but in catching up on today's news and all the thoughts about it, I am stuck on a thought that I haven't seen mentioned.
Isn't this the ticket to a higher exchange??
I'm not well versed in the rules of listing, but I'm pretty sure different exchanges have different revenue requirements.
If this has already been mentioned, please pardon my post, but it was my first thought on the news.
Revenue=Listing Larger revenues = Higher exchange
Posts: 51 | From: USA | Registered: Jun 2004
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The audit needs to be completed before there is any possibility of moving to an exchange.
quote:Originally posted by LTCCEO: I missed most of todays action, but in catching up on today's news and all the thoughts about it, I am stuck on a thought that I haven't seen mentioned.
Isn't this the ticket to a higher exchange??
I'm not well versed in the rules of listing, but I'm pretty sure different exchanges have different revenue requirements.
If this has already been mentioned, please pardon my post, but it was my first thought on the news.
we just need the actual sub numbers and advertising dollars to be released and we ill have a good idea as too where we can list
Rod
quote:Originally posted by LTCCEO: I missed most of todays action, but in catching up on today's news and all the thoughts about it, I am stuck on a thought that I haven't seen mentioned.
Isn't this the ticket to a higher exchange??
I'm not well versed in the rules of listing, but I'm pretty sure different exchanges have different revenue requirements.
If this has already been mentioned, please pardon my post, but it was my first thought on the news.
Revenue=Listing Larger revenues = Higher exchange
-------------------- 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 |
posted
Agree on the audit, but didn't Richard mention they were looking at the highest exchange possible to reduce the manipulation?
Higher revenues=higher exchange.
Seems like I remember one exchange (Nasdaq?) requires a minimum of 2 million in revenue. We just bingoed that one.
I really need someone to confirm my recollections. This might be the more than a business decision, it might be a market strategy as well.
Posts: 51 | From: USA | Registered: Jun 2004
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quote:Originally posted by Penny-Trader: we just need the actual sub numbers and advertising dollars to be released and we ill have a good idea as too where we can list ...
posted
Very good points! I hope someone here can provide some more insight.
quote:Originally posted by LTCCEO: Agree on the audit, but didn't Richard mention they were looking at the highest exchange possible to reduce the manipulation?
Higher revenues=higher exchange.
Seems like I remember one exchange (Nasdaq?) requires a minimum of 2 million in revenue. We just bingoed that one.
I really need someone to confirm my recollections. This might be the more than a business decision, it might be a market strategy as well.
quote:Originally posted by LTCCEO: Agree on the audit, but didn't Richard mention they were looking at the highest exchange possible to reduce the manipulation?
Higher revenues=higher exchange.
Seems like I remember one exchange (Nasdaq?) requires a minimum of 2 million in revenue. We just bingoed that one.
I really need someone to confirm my recollections. This might be the more than a business decision, it might be a market strategy as well.
-------------------- 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
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quote: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.
Sorry buckwheatbob, I'm not "starting it again", it's what I believe is happening, if you don't want to hear it, too bad. You're free to disagree, but I list my points and you can refute them at any time.
Here's how to start, by answer these: 1) Why did the PPS drop the day of the Maine PR? 2) Why did the PPS hit a 52-week low just two days after the Maine PR? 3) What is the estimated Q expenses per month? What is the estimated Q revenue per month?
Let me take a second here to elaborate: I know of no PR or statement that gives specifics on revenue, but I know Renee stated over a million in expenses per month in the chat. Not only that, but if you are seriously a QBID shareholder and think that revenues have matched expenses, I don't even want to debate the issue with you anymore. Frank is either piling up huge debt in the form of loans ("guaranteed" financing doesn't mean "full" financing. I can get a 5 year "guaranteed" loan for a mere $10,000 from any bank with my credit rating)
4) Assuming you are a rational individual, and understand *why* this is still a pink sheet stock, where is the extra money coming from to pay the expenses?
The answer to the above questions for me are as follows: 1) Dilution. 2) More Dilution. 3) Expenses: About a half a million to just over a million, this includes wages (100k/month), advertising/investor relations expenses (200k/month), and rental/equipment/studio expenses (600k-800k/month). Revenue: $150 to $250k/month in subscribers, Maybe $50k/month more from advertising. 4) Dilution.
It is really simple to figure. Expenses exceed revenue. If the loans covered the entirety of the expenses, Frank and Richard wouldn't mind stating at all how much the "guaranteed" financing is for. I don't know of anyone here that would question whether or not dilution happens regularly on the pinks. Everyone questions whether or not dilution happens with *their* stock, however. I understand you don't want that to be the case, but if you think Frank isn't doing dilution, you're only fooling yourself. He's of course doing some, my beef is with how much he's been doing lately.
And whether or not he's going to stop anytime soon.
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO. Posts: 676 | Registered: Apr 2005
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quote:Originally posted by LTCCEO: I missed most of todays action, but in catching up on today's news and all the thoughts about it, I am stuck on a thought that I haven't seen mentioned.
Isn't this the ticket to a higher exchange??
I'm not well versed in the rules of listing, but I'm pretty sure different exchanges have different revenue requirements.
If this has already been mentioned, please pardon my post, but it was my first thought on the news.
-------------------- Sometimes the poorest man leaves his children the richest inheritance. Posts: 804 | From: Woodbridge, Va | Registered: Aug 2005
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quote:Originally posted by LTCCEO: I missed most of todays action, but in catching up on today's news and all the thoughts about it, I am stuck on a thought that I haven't seen mentioned.
Isn't this the ticket to a higher exchange??
I'm not well versed in the rules of listing, but I'm pretty sure different exchanges have different revenue requirements.
If this has already been mentioned, please pardon my post, but it was my first thought on the news.
posted
Has Q Television been in Burbank for awhile or is this studio an unknown one thus far? This is on the website from Frank's last info post on the investor page dated 7/29/2005
>>>I will be doing the meeting from the studio in Burbank where there will be room for an audience of 200 people.
Posts: 22 | From: Columbus, Ohio | Registered: May 2005
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