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I agree with you. I just wish that the Cox deal news was easier to find by potential investors. Posts: 3243 | From: California | Registered: Jul 2005
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Tuesday, June 14, 2005 Triangle Multi-Media Buys Back 3% of its Outstanding Shares
PALM SPRINGS, Calif. – June 14, 2005 – Triangle Multi-Media, (Pink Sheets: QBID) announced today that the network will buy back 3% of its total outstanding shares. This buy back will begin immediately.
“Our financial consultants feel this buyback is the right move based upon the undervalued price per share and will further accelerate our future trading status,” says Frank Olsen, President and CEO of Q Television Network.
“Market analysts have been quoted as saying the GLBT television market is worth 3 to 5 billion dollars, and we feel our current capitalization should be at least that. Q Television is the only linear GLBT network in the country offering live programming, 24/7 shows and it is gay television for the gay community by the gay community” added Olsen.
quote:Originally posted by Jonas Invest: [QB] ah finaly someone who thinks the same way like me :)where did al of you get the he sad its was at least worth 3- 5 billion dollars, what i had read was that the totaly GLBT market was worth 3-5 billlion dollars, and not his company, last year when he anounced the thing about the 3000 videos he sad he's company had an value of 150 million dollars, that a big differents with 3 billion... maybe a question that you could ask Richard!
quote:Originally posted by sweetness34: [qb] Whiz.. The more i look at your post the more i am troubled.
I don’t mean to pick your DD apart but what kind of research leads you to believe that QBID could be sold for $3billion? When you look at recent mergers and acquisitions like Reebok ($3.8 bill), Instinet Group ($1.9 bill), Ask Jeeves ($1.9 Bill)… where did you come up with your numbers??? I don’t mind people throwing ideas and numbers out there but to throw numbers like $3bill and $7bill is kinda irresponsible even if it is just your opinion.
....
Posts: 237 | From: Boulder, CO | Registered: Jun 2005
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I have to admit, that sounds far fetched to me ... "our market cap should be 3 billion" whatever... based on what? 22,000 subscribers? Hopefully what they mean is that the market cap WILL BE 3- 5 billion... sooner or later.
Posts: 237 | From: Boulder, CO | Registered: Jun 2005
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quote:Originally posted by Jonas Invest: Q isn't the only GLBT, so new stuff to think about, 3 bollion dollars just for Q is much..for those who think that ist worth that.
I like how you play like you are a worried investor. I know that your just trying to bash this company. You would have to be retarded to ask the questions you do and the things you bring to this board.
posted
PT not to split hairs but the BET deal was actually less than 3 billion dollars
quote:Originally posted by Penny-Trader: I'm going to interject here
you need to compare apples to apples.
you are comparing a running shoe company to a television network.
lets compare network to network.
The BET channel ran for 5 years and never made a dime. They where bought out by Viacom for 5 billion dollars. that was a nitch market that Viacom saw a market for. It was a minority group that the network catered to.
Now QBID is tailored to a minority group as well the difference being it is one of the most affluent minorities out there with a 610 billion dollar source of expendable revenue. That is one hell of a lump of cash that the advertising market is looking to get a claw into.
Whiz,s numbers are conservative in nature at best
Rod
quote:Originally posted by sweetness34: Whiz.. The more i look at your post the more i am troubled.
I don’t mean to pick your DD apart but what kind of research leads you to believe that QBID could be sold for $3billion? When you look at recent mergers and acquisitions like Reebok ($3.8 bill), Instinet Group ($1.9 bill), Ask Jeeves ($1.9 Bill)… where did you come up with your numbers??? I don’t mind people throwing ideas and numbers out there but to throw numbers like $3bill and $7bill is kinda irresponsible even if it is just your opinion.
Again I would love for QBID to be sold at 5 or 6 bill, but right now is that realistic?
If I have missed the point of your post I am sorry but really where did you come up with your numbers??
quote:Originally posted by sweetness34: Whiz- I really like your breakdown.... But i still have to think that there are more that 10bil o/s. When you see a day like this, it is hard to imagine that 1/10 or more of that total o/s were traded today. Trust me i really hope you're right but i would be shocked if there are 10bil or less o/s.
quote:Originally posted by whizknock: I think that now my estimate of 100,000 subscribers by the time of the games might be conservative. But at the very least it would appear that our conjecture is very realistic. .............................................................................
Consider this!
The bad news first!
Lets take a look at what some would see as worst case scenario. Lets say we see a published audit with 20 or even 25 billion shares out there. I for one am almost sure that's a very high guess. But for the sake of argument lets say it's 25 billion.
Buy next year the games get coverage, we don't even show a profit yet but revenues will have spiked from the games & a modest 100,000 subscriptions which will be growing at a respectable pace. If that holds up QBID will have already surpassed the value of BET when it was sold. Say Frank lets this thing go at 3 billion dollars.
Three billion dollars makes 25 billion shares worth .12 a share!
What if the audit is really bad, 50 billion shares? You're still looking at SIX CENTS A SHARE! I can't speak for anyone else here but if I'm getting paid SIXTY THOUSAND DOLLARS for every two grand I plunk down today I won't cry for any more than a minute.
Now for the good news!
Lets say the audit shows 10 billion shares outstanding (which I still believe is a high estimate) & everything else I said still holds up. First thing I can tell you, if that's the case, frank will not be letting this go for three billion. But say he does. Now we're looking at a FLAT VALUE OF THIRTYTRHEE CENTS A SHARE!
I'm not done!
The reason Frank is having a professional audit done is to provide suitors with a clean bill of health for QBID. Moving to another exchange will be a fringe benefit that will make the product shine a little more.
Remember the PR about reducing its Tradable Stock by Fifty-Three Percent?
"We converted QBID shares into preferred stock, eliminating fifty-three percent of the tradable outstanding shares. We are confident this will strengthen the demand for our stock, and dry up the supply of trading shares that we feel are being manipulated in the market," said Olsen. "Converting our common stock into preferred stock will allow us to retain voting rights, but will also squeeze out the large short position in the stock. Q Television will continue to be as aggressive as possible, and do everything necessary to ensure our shareholders are treated fairly." .....................................................................
This isn't about manipulation! Frank doesn't give a $h!t about MMs. Well maybe a little bit but this was about polishing the product.
Frank's not trying to take 53% of three billion dollars. His major concern was absolute control over his company. Frank will be more than happy with a couple hundred million bucks. Again, this was another move not to scare off potential suiters. Hold that thought!
Personally I like Frank having complete control. Let's just pretend that that Frank, you know, the same Frank that has already sold a profitable media enterprise to Sumner Redstone. Lets just pretend he really wants this thing to be sold & actually kept the share count at or around 4 billion outstanding or less & lets pretend we're even close to actually reporting a profit by the end of the second quarter of 2006.
He will sell! He will sell while he has the attention of major players! And it will not be for three billion dollars! Now you're looking at a bare minimum of 5 billion dollars Maybe as much as 7 billion. If QBID actually showing a profit & we're getting international attention in 40 countries you could even make an argument for,,,,use your imagination!!!!
The hell with it! I'll stay with 5 billion dollars. Factor in Frank's 53% controlling interest which has now been reduced to a handfull of super voting shares & we're starting to see the big picture.
FIVE BILLION DOLLARS & FOUR BILLION SHARES!
This will not come as a huge surprise to me because Genuine Broadcasting National TV Networks do not trade for less than a dollar a share.
I've said it many times. I will not begin to liquidate my core position until I see $1.25 a share!
and můany more, just look for yourself, and if you now read the post again there is wriiten that the GLBT market is worth 3 billion, and the includes also those names that I've written here
-------------------- 9.5 million shares Qbid Posts: 208 | From: Belgium | Registered: Aug 2005
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Also don't forget that viacom only paid 1.225 bill to purchase the remaining 50% of Comedy Central.
Posts: 102 | From: Chicago | Registered: Jul 2005
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2000 - Present 2001 - United States Court of Appeals, DC Circuit gives Viacom temporary approval to exceed the 35% ownership cap
2001 - Viacom completes $3 billion deal for BET Inc.
2002 - Viacom completes acquisition of KCAL-TV (Los Angeles) from Young Broadcasting Inc. for $650 million. The deal forms a Viacom duopoly in Los Angeles raising the number of markets where it owns two broadcast stations to eight.
2003 - Infinity Broadcasting owns and operates 185 radio stations, second in size to only Clear Channel Communications. Viacom Outdoor is the largest outdoor advertising entity in North America. Viacom Television Stations Group owns and operates 39 TV stations.
2004 - After years of internal battles with Viacom CEO Sumner Redstone, Mel Karmazin, resigns as the company's chief operating officer. Karmazin was formely the president and CEO of CBS
-------------------- Sometimes the poorest man leaves his children the richest inheritance. Posts: 804 | From: Woodbridge, Va | Registered: Aug 2005
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-------------------- Sometimes the poorest man leaves his children the richest inheritance. Posts: 804 | From: Woodbridge, Va | Registered: Aug 2005
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Pennies I'm not worried,I'm just being realistic,Can you read , they sad , the Market..and if Frank replies then were at least worth that, he means the GLBT market, and is Q the only one on the GLBT market? And I'm not a basher. that's easy for you to say that I'm a basher instead you better could replie me and change me mind in my way of thinking if your thinking I'm wrong.
quote:Originally posted by Jonas Invest: Q isn't the only GLBT, so new stuff to think about, 3 bollion dollars just for Q is much..for those who think that ist worth that.
I like how you play like you are a worried investor. I know that your just trying to bash this company. You would have to be retarded to ask the questions you do and the things you bring to this board.
So either you are just retarded or your a basher.
Get a life.
lol [/QUOTE]
-------------------- 9.5 million shares Qbid Posts: 208 | From: Belgium | Registered: Aug 2005
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quote:Originally posted by pennnies: I like how you play like you are a worried investor.
pennies Are you suggesting that some posters present themselves to us falsely and use falsehoods to further their selfish motives? I am shocked that someone would do that . . . shocked, I say, shocked.
-------------------- Everything I say is only my opinion ... right or wrong. Posts: 2152 | From: Ohio | Registered: Sep 2004
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A marketing survey in the US by Simmons Market Research Bureau shows the annual value of the gay and lesbian market is in excess of $514 Billion (US).
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Yes there are some, but I'm not one of them, He nows that I maybe could be right if he would think a little bit about it, or reply me in a way to prove that I'm wrong in what i say, but he picked the easy way to call me a basher
quote:Originally posted by Bottomliner:
quote:Originally posted by pennnies: I like how you play like you are a worried investor.
pennies Are you suggesting that some posters present themselves to us falsely and use falsehoods to further their selfish motives? I am shocked that someone would do that . . . shocked, I say, shocked.
-------------------- 9.5 million shares Qbid Posts: 208 | From: Belgium | Registered: Aug 2005
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yeah that i saw also some days ago , but that doesn't mean anything
quote:Originally posted by Jus Do Um: A marketing survey in the US by Simmons Market Research Bureau shows the annual value of the gay and lesbian market is in excess of $514 Billion (US).
quote:Originally posted by Zacktrade: OMG...anyone see the HUGE buys the last few minutes?? can someone post them
Those weren't buys!!!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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I see 85 mill sold at 16 followed by 61 mill sold at 15!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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L2's: Bid: 12 @ .0015 5 @ .0014 <--Nite is here
Ask: 4 @ .0016 <--Nite is here 4 @ .0017
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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now 10 at 15... they are dropping off the bid!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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quote:Originally posted by Jonas Invest: somethings wrong... and it isn't the MM
give me a break jonas...
there seems to be way to many people in this stock that expect this thing to go up 1000% tommorrow and are to afraid to see it go down a tick or two....
no way that was somebody selling because IT DOESNT FILL ORDERS...i dont know how many times i have to say it, but if that was an acutal sell somebody would have filled their orders..so therefor, we just saw theorocatlly 160M sold at the bid, 16, than 15...yes those were ALL SELLS!!!!
not a single one was an acutal sell, it is MM trading shares between themselves or naked shorting the stock back down...i have said this many many times, and the MM seem to be working on many of the traders of Q
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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quote:Originally posted by Zacktrade: update at 4:00, i am curious how many on bid, thx
10 MM's @ 15 Bid
4 MM's @ 16 Ask
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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MillerTime nice to see you back, if you hear Richard today can you ask him about this : “Market analysts have been quoted as saying the GLBT television market is worth 3 to 5 billion dollars, and we feel our current capitalization should be at least that. Q Television is the only linear GLBT network in the country offering live programming, 24/7 shows and it is gay television for the gay community by the gay community” added Olsen
Some think that Frank was saying That Q is worth at least 3- 5 billion dollars, tha way a can read it says that the totaly GLBT market is worth 3-5 billion dollars..can you ask him...if you can.. thnx
-------------------- 9.5 million shares Qbid Posts: 208 | From: Belgium | Registered: Aug 2005
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ok, 52 M just sold at the bid at .0015...now look at the sales..it was in 9M blocks.... 9M 9M 9M 9M 9M 6.5M
NOW if this was to be somebody selling shares and getting out it would not fill like this...
i will try and explain...if i were to sell 4 M at .0015 (current bid)...then there would be say 5 people looking to buy shares...guy #1 wants 375,000....#2 wants 1.2M....#3 wants 750K....#4 wants 110K....#5 500K....
so when i sell 4 M, it would fill all those orders at .0015 who were looking to buy and show up on the time/sales sheet as 5 sells at the exact same time, all the way down to the second!!!this is how orders are filled, not in 9M blocks for 200M shares...
Again this is either MM trading hands (happens all the time in penny stocks) or MM naked shorting the stock which i dont and many others dont know much about how this is done....
for all you guys that dont believe me---if somebody is actually selling 7Billion shares (since at least april this trading has been going on.) than we are in DEEP DEEP TROUBLE...
i am willing to bet my life savings on the former though, mainly because we are not seeing these orders being filled and because anyone who wants to sell a boatload of shares could easily raise their ask...simple economics teaches you this and anyone with this amount of money would know this...
one more thing about how this is done is the level II lineup....
say its 7x2 16x17 and we see 9M blocks go through for 27M sold at the bid...now this fills the 1 MM who was the acutal MM who was just selling shares to himself which brings it down to .... 6x2 16x17...
then....small retail and manily rookie investors get scared off because of the big sells,,,which then turns the level II into.... 4x3 (increase on the ask because retail investors want out fast now.)
than...the big time traders see that they can get their orders lower, so why not pull back down a tick to .0015 because they see the stock coming down....well then, the level II lines up like this--- 1x5 16x17
then at the very end all the traders throw their orders in for the bid very quickly to try and fill before it downticks thus creating a ton of orders right before it downticks...
THIS is how the MM play the game.
MT
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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