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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 73)

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Author Topic: QBID... The Beginning of the End to MM
kencoda
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I posted this originally in January (see below).


With today's PR, we appear to have a national carrier deal which solidifies item 2. The various celebrities (Belinda Carlisle, Matthew Rush, Martin Short, etc...) that were mentioned in the previous days PR are part of the "buzz" in item 3 that is getting stronger for "Q".

But the one area that will turn this from a "penny with potential" to a "viable stock option for main stream investors" is a clear indication on the financials. And I believe this is close at hand with the announcing of the Cox deal. I think that this is an important strategic decision for Cox since their competition (Comcast) will be broadcasting Logo. They will know be in the "gay game" (no pun intended) and be able to tap into what could be a very profitable revenue stream. I would be amazed that Cox would not know the financials prior to making a "National" decision to broadcast "Q". The timing of tonight's "Main Event" would be a perfect opportunity to announce the financial situation....let's see what happens tonight !


originally posted January 12, 2005 11:29
The success ($$$$$$) of QBID will come from three key areas IMO :

- 1. solid fiscal management with known financials

- 2. solid distribution (e.g.: "name brand" carriers, strong
subscription base, nationwide / world wide "rights")

- 3. buzz, buzz, buzz (" I want my Q TV !" )


From what I have read, QBID is chipping away at all of this keys but still has work to do :

- The financial side of Q is still murky and needs to be justified and clarified more and more. Once the numbers within the Q organization look solid and can be tracked, the financial area will be viewed as a positive, instead of what appears to be a negative (at this time). This will appease the conservative side of the
investor community.

- The distribution side of Q is the strongest area IMO right now. A steady stream of PR's regarding RCN happenings, programming details, Gay Games rights, etc... has made this THE base of Q's success as it stands today. Once the "name brand " carriers come on board (not talking about satellite co. XYZ...but solid/ financially stable name brand companies) and subscription numbers can be verified, the 2nd key to success ($$$$$$) will be achieved.

- The "buzz" is brewing. Inside the various forums there is a constant "buzz" about QBID (or whatever your "stock of the moment" is). But the "buzz" that can be generated from a brief mention on national TV via David Letterman or a PR regarding a tribute to an icon in the world (not just the gay world) like Liz Taylor, is where the REAL "buzz" begins to unlock the most critical key to success ($$$$$$). Q NEEDS to become THE place where not only subscribers, but the media & entertainment world AND mainstream America turn to for there gay info. It needs to be the "in thing" to watch, be watched on and be associated with. Q needs to be chic and ultimately become a cliché. . Q needs to become synonymous with gay television (e.g.: Kleenex = tissue or Xerox = copier.....Q = gay TV ?). The "buzz" key is still in its infancy but it is the key that can build momentum the fastest and make Q successful ($$$$$$) literally overnight.
------------------------------------------------------------------------

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MillerTIME
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quote:
Originally posted by Jonas Invest:
Millertime..if it is the MM, then we would be yesterday much lower than 0.0017 if you put this volume on the bid yesterday it had to be much lower... so I doubt that it is the MM

Jonas, let me also add to clarify myself--
this is 99.9% MM...

you have to think of the whole picture..it takes somebody with , again, a ridicously high share count to be able to manipulate QBID...other stocks yes you can run them up yourself and hold them down, but Q is in a whole nother league...

yes this is THE MM, no doubt about it, what their reasons are, well thats what were trying to figure out

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

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Jonas Invest
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this guy Richard, does he have an email adres? because I'm from Belgium, I'm not gonna call from here and my english isn't well either

--------------------
9.5 million shares Qbid

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Ligge
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quote:
Originally posted by Jonas Invest:
this guy Richard, does he have an email adres? because I'm from Belgium, I'm not gonna call from here and my english isn't well either

Yeah its on Qs website at http://qtelevision.com/site/Home/AboutQTN/tabid/97/Default.aspx

Richard Brown
Equity Relations, Inc.
Email: Staff@EquityRelations.com
Web Address: www.EquityRelations.com
Phone: 617-314-7379

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Jonas Invest
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I wass looking some information about it, and I found this: but this one is very old
May 14 2004

QBID -- Triangle Multi-Media Limited, Inc.
Com (No Par)
Company News and Press Releases From Other Sources:

Q Television Network Announces Additional Details of Five-Hour Sneak Preview Broadcast Scheduled for Saturday May 15th

PALM SPRINGS, Calif., May 14, 2004 (BUSINESS WIRE) -- Q Television Network (OTCPK: QBID), the nation's premiere 24/7 gay and lesbian television network, today announced that in addition to the previous announced test of its signal by satellite, that it has reached agreement for the test to be telecast in New Orleans on Cox Channel 10. The signal will be available in over a quarter million homes in the 4 major parishes.
In addition Q Television Network announced that it reached further agreement for carriage of this sample sneak preview on KHCV-TV, carried on the Comcast Cable system channel 15, throughout Western Washington, including Seattle, Tacoma, Olympia and Everett up to the Canadian border, with a reach of 1.6 million households

--------------------
9.5 million shares Qbid

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MillerTIME
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quote:
Originally posted by Jonas Invest:
this guy Richard, does he have an email adres? because I'm from Belgium, I'm not gonna call from here and my english isn't well either

yeah he does, but i wouldnt count on to much in the emails..he probbaly gets like say, ahhh, 100-200 per day and answers nearly all of them but trys to make it as short and sweet as possible, but i understand that you live far away and the telephone bill would be enormous!!i wouldnt either..lol

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

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Bigrod40
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[Big Grin] [Big Grin] OK Everyone Breathe, all this talk about COX today is great but I'm going to bring up Time Warner for a second.
Check this link out.
[Big Grin] China is an untapped market as far as cable TV goes, the country has been spending billions around the world this year. The doors to the outside world are slowly opening.
[Big Grin] Once we are picked up fully by TW could you imagine the possibilities that exist with the amount of Gays and Lesbians in China.

http://www2.chinadaily.com.cn/english/doc/2005-05/17/content_443102.htm

Many believe that China has the potential to become one of the world's biggest media markets, with ad spending rising 25 percent last year to reach 194 billion yuan ($23.43 billion), according to CTR Market Research

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Doctoall
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quote:
Originally posted by Bigrod40:
[Big Grin] [Big Grin] OK Everyone Breathe, all this talk about COX today is great but I'm going to bring up Time Warner for a second.
Check this link out.
[Big Grin] China is an untapped market as far as cable TV goes, the country has been spending billions around the world this year.
[Big Grin] Once we are picked up fully by TW could you imagine the possibilities that exist with the amount of Gays and Lesbians in China.

http://www2.chinadaily.com.cn/english/doc/2005-05/17/content_443102.htm

Many believe that China has the potential to become one of the world's biggest media markets, with ad spending rising 25 percent last year to reach 194 billion yuan ($23.43 billion), according to CTR Market Research

I like your thought, but I would not count on Gay programming in China, is is against the law to be gay in China and you either end up in jail or worst if you get caught in the act or professing, much like Iran that just hanged 2 teenage boys for having sex together. Now let's talk about the Aussie market [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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poopatystock
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waz up? question 4 all my fellow qbid holders. been looking @ nauc its pink sheets and trading @ 2.40. can u fellow qbiders check it out and tell me what ya think?
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Doctoall
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Old news but just making it's way to 365gay.com.

Mickey Barnes World 08/17/05

by Mickey Barnes
365Gay.com Entertainment

Q Television has picked up a famous studio to broadcast from. The gay network has inked a deal to take over the former Burbank digs of Jeopardy and the Wheel of Fortune.

Currently Q is operating out of production space in Dallas. It's naming its new home "Q Television Media City."

--------------------
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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Doctoall
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Bigrod: I take my previous comments back, I guess China has made some progress since last year. I just found this article on 365gay.com

Chinese University To Offer Gay Studies
by Peter Hacker 365Gay.com Asia Bureau Chief

Posted: August 16, 2005 11:00 am ET

(Beijing) Fudan University in Shanghai will begin offering a course leading to a minor in LGBT studies this fall. The optional course for undergraduates will focus on health, social and political issues facing gays and lesbians in China.

The program, to start in September, is the first time any university in China has offered such a course, and is believed to be the first LGBT field of study anywhere in Asia.

--------------------
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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Bigrod40
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Doc,

I know it is a long way off, just started brain-storming when I saw the write-up. I think China has made huge strides in opening itself up to the world in the last year and thier future appears very bright.
And even brighter for the companies that get inside China's Borders.

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Rich735
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Great news today. I look forward to the pps exploding!!!
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Jonas Invest
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poopatystock I wouldn't buy it(nauc), thats my opinion, it 'll go down, when I dodn't know, but if you see the history of all the pinks you'll see why

--------------------
9.5 million shares Qbid

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Doctoall
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Here is the connection with Jack Lett and Pridevision in Canada, he had a program with them, so now he is returning but this time as a host for "Q" with his own program. [Big Grin]


Jett’s professional background is as diverse as his new show. He received comedy training at Humber Comedy College of Performing Arts; was a successful runway and print model in the 80s; an assistant to Belinda Carlisle in the late 80s; and a U.S Representative for Prime Television Australia in the early 90s. His TV and film credits are also impressive.

*****Jett hosted “The Jack E. Jett Show” on PrideVision Television Network in Canada,*****

--------------------
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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Rich735
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Thank you MillerTime for your hard work and for keeping us informed. I appreciate it a lot!!!

quote:
Originally posted by MillerTIME:
I talked to Richard today around noon because i wanted confirmation of the news today...now i will try to remember all of what i asked, as i didnt expect to get through, and just kept asking questions that got into my head...

1. yes they do have a national deal with COX and yes it came in late last night!

2. cox does realease PR's but only major PR's because they have so many little things going on everyday...it was in the agreement to not PR it..(so dont expect a PR about it as Frank does not want to piss off cable execs.)

3. talk about the accouting firms name---Frank lost a lot of business from giving out names of companies he was working for..(dont know how.) but richard did mention that in the past these companies and been flooded from Q shareholders.

4. any word on audit date completion---wont know till 3 days before it is relased

not a very exciting phone call, but nontheless ill post it...we did have a little tussel over the manipulation of the stock and i gave him my thinkings on it and he understood what i was saying, but again danced around all my questions regarding it...just sayin stuff like thats why we have the investigation in place etc....


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FatherOfTwo
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quote:
Originally posted by FatherOfTwo:
Before eveyone gets overly excited about this... look at how this has been trading today!

MM's are not posting many sells! I know there are some sells there... the MM's would have had to run this up to .005 or more with the buying pressure that we have seen!

Therefore, my speculation is that we will see some huge 9 mill blocks go through at the bid sometime today as the MM's reconcile their books and we will see it as weakness!

Watch for it!

We closed today at the same level we opened and on some good news...go figure! I sold my remaining shares today and will rebuy in a couple days....

From a tech perspectative, we are in a DOWNTREND and some correction is required before it goes back up, or we need financial news (o/s, a/s etc)!

http://stockcharts.com/def/servlet/SC.web?c=QBID,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iLh14,3!La12,26,9]&pref=G

Now, with that being said, todays news, IMHO will shorten the amount of time required for the chart to turn around! My gut feeling is that we will be testing 14/15 by Friday again (my buy is in at 14, but I may adjust to 15 if need be) and then WE WILL turn around and head upward. I fully plan on using ICMH profits to buy 5 - 8 million shares late this week or early next, so I am still with the Q gang! The support for this is in the 13-15 range, so, I absolutely do not think it will fall below that level!

I know I am taking a risk by sitting out for a couple days, but, it is one risk I am willing to take!

--------------------
A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)

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MillerTIME
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quote:
Originally posted by MillerTIME:
I talked to Richard today around noon because i wanted confirmation of the news today...now i will try to remember all of what i asked, as i didnt expect to get through, and just kept asking questions that got into my head...

1. yes they do have a national deal with COX and yes it came in late last night!

2. cox does realease PR's but only major PR's because they have so many little things going on everyday...it was in the agreement to not PR it..(so dont expect a PR about it as Frank does not want to piss off cable execs.)

3. talk about the accouting firms name---Frank lost a lot of business from giving out names of companies he was working for..(dont know how.) but richard did mention that in the past these companies and been flooded from Q shareholders.

4. any word on audit date completion---wont know till 3 days before it is relased

not a very exciting phone call, but nontheless ill post it...we did have a little tussel over the manipulation of the stock and i gave him my thinkings on it and he understood what i was saying, but again danced around all my questions regarding it...just sayin stuff like thats why we have the investigation in place etc....

ahhahaah, i knew i forgot something guys!!!

6. i talked to richard about the fake pr that came out after the cox PR...he said that he knew nothing about it, so therefore he said it must have been a fake...and futhermore, honest to god, he said that if i got the name of the poster who posted the rumored PR to email it to him and he would put him in jail!!! not my words, those were his!!!im not jokin either, i said you " i dont think you could really find him,---richard said "oh we have done it before.. we just talk to our lawyer."

so that PR that came out about the cox-qbid burbank studio deal thing, yeah---that was fake

--------------------
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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a great post and excellent read from over at the "HUB"!

By: derivativedallas -excellent post-->
17 Aug 2005, 04:25 PM EDT
Msg. 982552 of 982628
Jump to msg. #
My take of the past week..

Alright what I think might be happening is that Q is being professionally manipulated to help cover a massive short position this week due expiration week. These 'criminal' actions make it look as if they (the mm's) are naked shorting this to death or Frank is liquidating-and I do believe niether is the case..What the mm's are doing in their minds is justifiable due to the fact we have no share structure info at the public's disposal (i.e. no audit)..If Q mgmt. has released all these major positive pr's TW Maine, Studio in Burbank, and now the COX contract-and there has been no major shift in pps.-it tells me they are aware of this pricing misrepresentation and are deliberately issuing out these developements in spite of the apparent criminality-tells me only one thing-the audit is done, and they are persuing a 'exception to the rule' option in issuing out the share structure through allowing a specified amt of time to be warranted in endeavoring to acertain as to what the actual share structure is through the utlities of an accounting and law firm..In essence, they are telling the SEC they have tried their best in assessing their belief as to what the size of the O/S should be, and they have done this diligently and honestly over a SPECIFIED amount of time..(since the beg of Jan. to JULY- ergo 6 months)..They (the SEC) will approve the measure because it is nearly acurrate and it lends creedence to the applicabilty to the situation at hand (like how GAAP bends slightly on certian reporting scenarios-residual revenue, realized revenue)..IMO, if Q is 99% certain with .01% error, IMO the SEC will approve..In short, the SEC wants due dilligence out of this-not a half-assed endeavor-And I feel Frank gave them that..Why all the major PR's over a certain amt of time? Why all this effort in the past? (pride events, conventions, programming)..Once the share structure is exposed (probably less than 3 billion float) the mm's will be happy to run it up-THEY WANT TO-IMO..they want to make money to..and re-short the pps. on the way down like they did before..And this time-the pps. could hit in the ballpark of .07 to .12 if TW decides to expand into other locales, DISH is announced as well as CMCSA..

####IT'S A WAITING-MIND GAME FROM HERE...

####AUDIT SHOULD BE ISSUED EITHER RIGHT AT THE END OF THIS MONTH-OR THE VERY BEGGINING OF NEXT MONTH-IMO


....shorts what have you done for me lately??


DD


------MT speakin now---
i acutally think DD may be on to something here...after much thought as i posted before---i do not think the MM are "Trying" to hold this down now...i think something bigger is going on, something that is neither postive nor negative, but everybody is just waiting on the share structure and then after the subscriber numbers...everyone is taking all these press releases into account, so i do fully expect the pps to run "very well" after their financials are cleared up....

i just think the MM are not shorting and all that anymore because they see the huge potential that lies ahead...MM get short squeezed mainly because of surprise news, not a stock they see has the potiental to run well over 1000%...because of this, i feel strongly that the MM are going to be ready and willing to let this run once the financials are in order

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

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Penny-Trader
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i hope for your sake that you are right.

one thing you need to realise this was not pred and there was over a billion shares traded today.

that triggered radar all over the place today and you can be guaranteed there are going to be a hole lot more eyes watching this sucker tomorrow morning at the open. I suspect we are going to see half a billion shared traded in the first 3 hours and we will see a price movement tomorrow. once people start to realise why the volume was so high today.

i think you are taking a much larger risk then we are at this point.

but i wish you luck in your endeavours. i feel the launch pad is shaking and we are about to leave the platform. I feel a gap at open tomorrow.

big news. and my discussion with Richard today was very encouraging.

Frank is absolutely livid at the fact that the price did not move today. This is good as now he will be motivated even more to straighten out the problems that plague this pps. I think the only thing he can do it get the audit results out, get this company reporting and let the chips fall where they fall.

we may explode in pps but this is probably the necessary measures that are going to be required to put this thing right.

I cant wait, it is going to hurt someone who is short im sure but hey that is thier problem. Bring on the reality check.

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.

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Penny-Trader
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http://releases.usnewswire.com/GetRelease.asp?id=51779

Q Television Network to Offer Exclusive Live Coverage of MR. GAY 2006; Global Contestants Converge on Palm Springs this October

8/17/2005 8:02:00 AM


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

To: National Desk

Contact: Christopher Kingry, 310-271-1551 or chris@lobeline.com

PALM SPRINGS, Calif., Aug. 17 /U.S. Newswire/ -- Anticipation is building in the search for Mr. Gay 2006, happening October 7-9, 2005 (Columbus Day weekend) at the Riviera Resort in Palm Springs, California and broadcast LIVE exclusively on the all gay Q Television Network.

Local winners are currently being selected in cities around the country. Each local "Mr. Gay" winner will then advance to the US finals in Palm Springs and vie for the national title of "Mr. Gay USA." During the same Grand Finale stage show, the newly-crowned "Mr. Gay USA" will compete against finalists from all over the world for the global title of "Mr. Gay International."

Blair Shepard has been chosen as "Mr. Gay San Francisco." Upcoming local contests include: Oklahoma City (Aug. 21); New York (Sept. 19); and Los Angeles (Sept. 25), Ft. Lauderdale (TBD) and San Diego (TBD). Participating countries sending their representatives include: Austria, Denmark, Estonia, Germany, Hungary, Lapland, Latvia, The Netherlands, Norway, Sweden, Switzerland and more.

Discounted room rates are available through September 15th at the Palm Springs Riviera Resort, the pageant's official host hotel. Call 1-800-444-8311 and mention "Mr. Gay," "Mr. Gay Competition," or the "Competition" for a special rate of $129 per night (double occupancy, two night minimum) AND be assigned to the area of the Resort reserved exclusively for pageant participants and attendees. Rooms reserved after that date will be at regular prices.

Producer Dirk Shafer ("Playmate of the Year" and "Circuit") and Palm Springs Mayor Ron Oden have just been added to the distinguished panel of judges for the Grand Finale. They join Joseph Rachert, Marketing Director for Interactive Male; Alan Brown, President of Electric Dreams Foundation; and J.R. Pratts, Publisher of Instinct Magazine.

For additional information, individual entry forms, special host hotel rates, competitor photos, contest schedules and updates, visit: http://www.MrGayCompetition.com

This national network of competitions is produced by Community Promotions, a California LLC owned and operated by Don Spradlin and Thomas Roth and presented by Instinct Magazine.

------

For additional press information and HI RES photos, visit our online media center at: http://www.mrgaycompetition.com/media/site/

http://www.usnewswire.com/

-0-

--------------------
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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BlackWidow
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Just spoke to Cox to order Q Television (they are my provider). The CSR said she didn't have it available and asked why I thought I could order it. Gave her my info. She put me on hold for awhile and came back to say that channels joining in the next month are not available for subscription yet. She did not have any info on Q, but said that they added several new channels YESTERDAY and the info hasn't trickled down yet.
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Marva18
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with the European presence, how about a return favor and put the shows on overseas?

quote:
Originally posted by Penny-Trader:
http://releases.usnewswire.com/GetRelease.asp?id=51779

Q Television Network to Offer Exclusive Live Coverage of MR. GAY 2006; Global Contestants Converge on Palm Springs this October

8/17/2005 8:02:00 AM


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

To: National Desk

Contact: Christopher Kingry, 310-271-1551 or chris@lobeline.com

PALM SPRINGS, Calif., Aug. 17 /U.S. Newswire/ -- Anticipation is building in the search for Mr. Gay 2006, happening October 7-9, 2005 (Columbus Day weekend) at the Riviera Resort in Palm Springs, California and broadcast LIVE exclusively on the all gay Q Television Network.

Local winners are currently being selected in cities around the country. Each local "Mr. Gay" winner will then advance to the US finals in Palm Springs and vie for the national title of "Mr. Gay USA." During the same Grand Finale stage show, the newly-crowned "Mr. Gay USA" will compete against finalists from all over the world for the global title of "Mr. Gay International."

Blair Shepard has been chosen as "Mr. Gay San Francisco." Upcoming local contests include: Oklahoma City (Aug. 21); New York (Sept. 19); and Los Angeles (Sept. 25), Ft. Lauderdale (TBD) and San Diego (TBD). Participating countries sending their representatives include: Austria, Denmark, Estonia, Germany, Hungary, Lapland, Latvia, The Netherlands, Norway, Sweden, Switzerland and more.

Discounted room rates are available through September 15th at the Palm Springs Riviera Resort, the pageant's official host hotel. Call 1-800-444-8311 and mention "Mr. Gay," "Mr. Gay Competition," or the "Competition" for a special rate of $129 per night (double occupancy, two night minimum) AND be assigned to the area of the Resort reserved exclusively for pageant participants and attendees. Rooms reserved after that date will be at regular prices.

Producer Dirk Shafer ("Playmate of the Year" and "Circuit") and Palm Springs Mayor Ron Oden have just been added to the distinguished panel of judges for the Grand Finale. They join Joseph Rachert, Marketing Director for Interactive Male; Alan Brown, President of Electric Dreams Foundation; and J.R. Pratts, Publisher of Instinct Magazine.

For additional information, individual entry forms, special host hotel rates, competitor photos, contest schedules and updates, visit: http://www.MrGayCompetition.com

This national network of competitions is produced by Community Promotions, a California LLC owned and operated by Don Spradlin and Thomas Roth and presented by Instinct Magazine.

------

For additional press information and HI RES photos, visit our online media center at: http://www.mrgaycompetition.com/media/site/

http://www.usnewswire.com/

-0-


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imakmony2005
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CANT WAIT TO HEAR WHAT GOS ON TONITE, YOU GO FRANK BRING US THE MONEY. OPEN .0019 AND GOING UP UP UP..
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Rich735
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Do we know anyone that can report anything back to us tonight???
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Marty
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Ya' know, there is so much positive news, AND accomplishments, that this thing NEEDS to get off the pinks.....the audit will vindicate all the nonsense, (or show it as alot of shares issued), and let this stock move as a stock, and not as an MM, (market manipulation play)...NSS and all other potential interference, will then be revealed...JMHO..

P.S. My personal opinion, is that this thing has been and is being manipulated.....but what do I know...GLTA....

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Marty
When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;)

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4Tune4Me
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Reuters
No change from Icahn, Time Warner meeting
Wednesday August 17, 7:45 pm ET


NEW YORK (Reuters) - Corporate raider Carl Icahn, who has that demanded Time Warner Inc. (NYSE:TWX - News) buy back $20 billion of its stock and completely spin off its cable division, met with top company executives Wednesday, but extracted no immediate changes.
ADVERTISEMENT


Billionaire investor Icahn, renowned for buying large stakes in companies that he has parlayed into board seats and sweeping changes, on Monday criticized Time Warner for not making moves to boost shareholder value.

"They had a frank and open exchange of views," Time Warner spokesman Ed Adler said. "Dick impressed upon him that the board and management are committed to moving as aggressively as appropriate on its current course to create and deliver long-term value for all of the company's shareholders."

Asked if Time Warner's current plans, which include the spinoff of about 15 percent of its cable division and its existing commitment to buy back $5 billion in its stock, would change, Adler said, "We have a process in place where we carefully review a range of options to realize the value in stocks."

He declined to discuss the details of the meeting. A spokeswoman for Icahn had no comment.

Although the result of Wednesday's meeting appears inconclusive, the company's statement seems to indicate its current plans may not be set in stone, one analyst said.

Prior to Icahn's overtures, Time Warner had mulled spinning off as much as a quarter of the cable division, but finally settled at about 16 percent, a source familiar with the plans said.

"It wouldn't be a giant leap of imagination for them to consider selling all of it," said veteran media analyst Harold Vogel, of Vogel Capital Management, speaking about Time Warner's plans for the cable division. "Even if they sold all of it, it's not clear that will generate significant stock appreciation for Time Warner."

Time Warner shares closed Wednesday down 10 cents, or less than 1 percent, at $18.30 on the New York Stock Exchange.

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Just the facts, ma'am.

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Rich735
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That is exactly how I feel Marty. Damn MMs, I don't think we will move until we are off the pinks. I wish I was wrong and tomorrow we bounced to .01 and beyond!!!!!!
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Bottomliner
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quote:
Originally posted by MillerTIME:
. . . i talked to richard about the fake pr that came out after the cox PR ... cox-qbid burbank studio deal thing, yeah---that was fake

MillerTIME
I missed that PR. Can you direct me to it? Don't want you to post it again, just give me a time frame on the original post and I will find it. Thanks.

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

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mrgr8avill
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quote:
Originally posted by Doctoall:
is is against the law to be gay in China and you either end up in jail or worst if you get caught in the act or professing

I know this is serious and really happening all over, but I just HAVE to take a reality check here!

"I did a nickel in Quinten for being Gay in public."

"Yes, Mr. Mayor -- the new funding has allowed us to cut gang violence by 23%, rape by 14%, and murder by a whopping 33%, but we simply MUST have more money if we are to tackle the raging Gay problem we are facing!"

"You see, your honor, what REALLY happened last night at the bar is this..."

It is just amazing to take a step back and look at some of the wonders of our "modern" society.

Sorry guys -- political comment. Just can't help but pointing out the ludicracy of the statement "it is illegal to be gay."

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Ligge
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quote:
Originally posted by Bottomliner:
quote:
Originally posted by MillerTIME:
. . . i talked to richard about the fake pr that came out after the cox PR ... cox-qbid burbank studio deal thing, yeah---that was fake

MillerTIME
I missed that PR. Can you direct me to it? Don't want you to post it again, just give me a time frame on the original post and I will find it. Thanks.

I never saw the whole PR here BL, but there were snippets and references to it here this morning but mainly on IHUB I believe. Something about a partnership with Cox on the studio blah blah blah...
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Bottomliner
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quote:
Originally posted by Ligge:
I never saw the whole PR here BL, but there were snippets and references to it here this morning but mainly on IHUB I believe. Something about a partnership with Cox on the studio blah blah blah...

Thanks, Ligge. Just wondering how it was worded and how outlandish it was. But you've told me enough to satisfy my curiosity. Too bad we will never know if someone fries for posting it. LOL. Also too bad the MMs (or whoever is manipulating the PPS) will never be punished.

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

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bige2533
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Here is how it was posted on IHUB. No link was ever given and it may have even started on RB.

Posted by: ballyhooo
In reply to: None Date:8/17/2005 12:02:57 PM
Post #of 154827

Daily Variety Newswire 08182005
COX CABLE TO CARRY Q TELEVISION

For release

0111A325.XS--29210--081805
DV20251


LOS ANGELES (DV)

A new development has occurred in the GLBT community whereby Cox Cable will carry upstart channel Q Television starting in Fall 2005. Officials at Cox have declined to comment, except to say that they are delighted to have Q on board to reach the GLBT community from coast to coast.

Q Television, which has secured the Gay Games VII in Chicago, as well as announcing a new fall line-up, has partnered with Cox in the successful leasing of a production facility in nearby Burbank.

Quoting an unnamed source, Cox indicated that the income and revenue stream would be "enormous."

Q-Television currently trades on the Pink Sheets.



quote:
Originally posted by Bottomliner:
quote:
Originally posted by Ligge:
I never saw the whole PR here BL, but there were snippets and references to it here this morning but mainly on IHUB I believe. Something about a partnership with Cox on the studio blah blah blah...

Thanks, Ligge. Just wondering how it was worded and how outlandish it was. But you've told me enough to satisfy my curiosity. Too bad we will never know if someone fries for posting it. LOL. Also too bad the MMs (or whoever is manipulating the PPS) will never be punished.

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Bottomliner
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quote:
Originally posted by bige2533:
Here is how it was posted on IHUB. No link was ever given and it may have even started on RB.

Thanks, bige.

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

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imakmony2005
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RICH, Were going up in the morning, cant you smell it, it money. how you doing? its getting good now.
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