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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 97)

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Author Topic: QBID... The Beginning of the End to MM
Jonas Invest
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If I can help... just ask [Smile]

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

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BJ
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WHATS TA.....

--------------------
"We're just all victims of soicumstance." The 3 Stooges

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pennnies
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me too!
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Jonas Invest
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pennies what does FOT, VERT and NITE stands for?

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9.5 million shares Qbid

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Pennies to Dollars
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quote:
Originally posted by Jonas Invest:
pennies what does FOT, VERT and NITE stands for?

FOT is FatherOfTwo. He is a member on here.

VERT and NITE are MMs, I believe.

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Jonas Invest
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Yeah I looked it up, But VERT and NITE ar also companys trading on the OTC, so which MM's control their PP's?

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9.5 million shares Qbid

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Marty
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nice list of MM's provided by Allstocks:
http://www.allstocks.com/markets/Market_Makers/market_makers.html

and OTCBB:
http://www.otcbb.com/asp/tradeact_mml.asp?searchfor=CNHC&searchby=i

--------------------
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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Ric
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quote:
Originally posted by BJ:
WHATS TA.....

Transfer Agent - this is sort of the accountant of the number of shares for a company. They keep tract of shares issued by the company and who holds what shares. They may not know your name per se. If you go through a online broker your shares are probably either in the brokers name or cede and co. The company itself doesn't usually know the exact number at a given time unless they contact the TA. They are the know all about your share structure. There are many TA company's like IR company's. A company hires one they like. QBID's is OTR, Inc., 1000 SW Broadway, Suite 920, Portland, OR 97205, 503-225-0375, Fax: 503 273-9168.

[ August 22, 2005, 18:07: Message edited by: Ric ]

--------------------
Invest with your brain not with your heart.

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suzainiee
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MillerTime, just a reminder: my question for Richard, "What is the anticipated date for the CC/stockholder meeting?"

Thanks,

Suz
--------------------------------------------------

7/29/2005 - From Frank Olsen

REFLECTIONS OF A CEO

July 29, 2005

To Our Valued Shareholders:



As CEO of a company that has planned gay television for four years, I am now privileged enough to have seen gay television on the air for almost a year. What brings this to mind is that the talent, production people and support staff of the station are now getting ready for the new season.


Last year at this time we had no shows that we produced ourselves - we used tapes that we had purchased, and the station had no identity. Even though we had been in planning, there was no "QTN". Today, everyone in the cable industry knows about Q Television, and most of them know that we have gay programming available 24 hours a day, 7 days a week, with up to 30 hours of live programming and at least 40% of original programming.


Our first anniversary is approaching quickly. We have come a long way since the taping of "Q on the Move" and the hiring of our first talent: Chrisanne Eastwood, Jack E. Jett, Scott Withers and Nick Oram. These are huge milestones that have been reached. Admittedly, mistakes have been made, but the best decision we ever made was to support the gay community in whatever they do, such as events, parades, etc.


We are the official broadcaster of the Gay Games, as well as a major sponsor. As I look at the budget for the next 18 months, I believe that, because of that decision, Q Television is going to be profitable faster than most cable stations. The norm for most cable stations is they are not profitable within their first 3-5 years. However, when they start the turnaround, the profits are unbelievable. When an independent station is sold, the rewards are enormous. Here are several examples of stations that were sold for billions of dollars: American Movie Channel, Bravo and other Black entertainment channels.


This brings me back to the main point. The Gay Games will enable Q Television to be in 150 of the top markets in the United States, and it will be broadcast in 40 countries. It has enabled Q Television to make long term commitments to the countries that are carrying the Gay Games, and help us to negotiate the cable operator contracts. As I reflect further, I believe that Q Television will be profitable by the end of the 2nd quarter of 2006.


The stock is down, and I blame myself for that because I haven't shown the shareholders where Q Television has been and where it is today. We are going to produce a DVD specifically for the shareholders to walk them through the history and the future of Q Television. Those shareholders who are interested, can contact Rich Brown at staff@equityrelations.com to obtain a copy.


We will be doing a shareholders’ meeting which we hope to schedule in late summer or early fall. We are aiming to make the meeting interactive so it is viewable from certain hotels in subscriber areas. I will be doing the meeting from the studio in Burbank where there will be room for an audience of 200 people. Shareholders will be able to ask questions through an 800 number and through email. Every question that pertains to QTN will be answered. If you tune in late, you can request a video copy to be sent to you. I am excited to offer our shareholders an opportunity to talk to me directly during this call. Please send an email to Rich Brown (staff@equityrelations.com) if you are interested in participating in the meeting and/or with questions you have.


Regards,

Frank Olsen

President and CEO

Q Television Network

Information Source: Q Television Network

--------------------
Suz

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FatherOfTwo
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quote:
Originally posted by pennnies:

I am with scottrade and they go through NITE. I usually move NITE around with my orders.

I have done this on numerous occasion..... I can set my sell between the bid and ask and Nite will drop the ask down to my sell point.... that is one way to know that you are "controlling" the ask! Same goes for buying shares between the bid and ask... if I set my price and the bid quickly jumps to my price, I know that I am the only buyer, and as soon as someone sells... I get my fill below the ask!!!

--------------------
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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suzainiee
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Pennies, FOT, I have had similar experiences with buys/sells.

--------------------
Suz

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Penny-Trader
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not yet it is coming.

im on Franks time clock lol

its coming

Rod


quote:
Originally posted by bige2533:
Have we seen the PR you were anticipating yet?

quote:
Originally posted by Penny-Trader:

this is about to get very very very interesting.

I am expecting another very large pr in the next 29 hours.

hang in there the excitement is close.

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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There it is


quote:
Originally posted by Doctoall:
OUTtv WEBSITE: 08/22/05

"QueesEdge With Jack E. Jett" to start on OUTtv September 2005.

AIRING IN SEPTEMBER 2005
Primary Air-time.
Premiering on.
[click here for full calendar]


Canadian Broadcast Premiere

In the new QueerEdge, we will explore all that defines the word queer. We will dig beneath the surface of pop culture and subculture. The show will be a fast-paced hour that will be hosted by Jack E. Jett and co-hosted by Jackie Enx. QueerEdge will be shot live to tape!

The subjects covered with QueerEdge will be of interest to all members of the GLBT community. In addition to several regular segments, a topic of the day will be included in one segment. We will also explore the world of alternative performance art, off- and off-off-Broadway shows, as well as obscure music, and authors of queer material. QueerEdge will strive to be unique in the content it presents and the way it is presented. As with the title, it will combine all that is queer with all that is edgy.

“My Children Have Four Legs”
Hosted by a handsome, gay veterinarian; this bit will focus on proper care for pets.

“Camp Todd Camp”
Takes on various films that the GLBT community have embraced for their camp value, and make use the some of the lighter moments in cinema.

“Ritalin Film Festival”
Features various video shorts that are either filmed by members of the GLBT community or that are of interest to the GLBT community.

“Surfing with Agoraphobics”
We will select various “out there” websites and explore the world of Internet subcultures.

“Get Outta Here”
Makes use of the many on-the-road segments that have been shot for On Q Live.

“Special Guest”
Each show will have one very special and unique guest that will be used in at least one segment and possibly two.

“Fun with Hypocrisy”
A weekly bit, hosted and written by Jackie Enx, which will focus on the over-the-top hypocrites in religion, right-wing politics, and the Bush man himself.

“Bisexual Porn Review”
A bi-weekly segment in which bisexual writer, Duane Jones, will review some adult films for the GLBT community. The focus will be not only on the sex scenes but to critique the acting.

“Blogging as Fast as I Can”
Consists of a conversation between Jackie Enx and Jack E. Jett, as excerpts from some of the more controversial blogs are read.

“History 101”
This will be an update on celebrity (pop and obscure) birthdays, and events of interest to the GLBT community. It will be a semi-expanded version of the current bit that Jackie does from the shack.

“Sublime to Subliminal”
“Sublime to Subliminal” is the name for the opening comments made by Jack E. Jett at the very beginning of each show.

“Gay Games Body Builder Update”
A brief, bi-weekly bit that will focus on some local body builder that is going to be attending the gay games. We will concentrate on his diet, as well as his thighs and biceps.

“Absurd State News”
Hosted by a female comedian, it will feature totally made-up news that will be a cross between the Weekly World News and the National Enquirer. It will be done as serious news.

“Hunks on Film, Two Minutes Later”
This segment utilizes EPK’s provided by the studios that contain sound bites from hunky actors, or those portraying gay characters, as well as a review of said movie from gay pop-culture writer, Arnold Wayne Jones.

“Arts & Understanding”
A magazine that features a fun couple who writes and covers various celebrities and how they have been moved by the AIDS epidemic. This couple has found a way to cover a serious topic with class, flair and fun.

Upcoming Guest include:

Dan Renzi….MTV’s The Real World
Eric Sprague….The Lizardman
Sean Young….actress
Jason Priestly…actor
Belinda Carlisle….singer
Bernie Brillstein…producer
Andy Bell….singer
Harry Dean Stanton…actor
Reichan…winner The Amazing Race
Leslie Jordan….actor
Dave Kopay…author and athlete
Matthew Rush…actor
Steve Hage….author…High Times
Jinx Titanic….singer
Joey Greco….TV host
Kinky Friedman…author…candidate for governor
Richard Donner….director
Michael Lucas….adult entertainer
Martin Short….actor
Ant….comedian
Lloyd Kaufman…director
Dan Butler…..actor
Fenton Bailey/Randy Barbato….producers
Michael Musto….writer
Heidi Fliess… famous whore
Esera Tualo……NFL player
Christopher Makos…..photographer
Lauren Shuler Donner….producer
Buck Angel….female to male transsexual porn star
Mark Christian…..former lover of Rock Hudson
James St. James….author, Party Monster


QUEEREDGE PROGRAM CALENDAR

GO QBID!!!!! Lets See The Green



--------------------
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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whizknock
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quote:
Originally posted by Wangdo:
IMO for what it's worth...I have said let it form the double bottom. I see .0015 through Wed-Thur and .0014 Thur-Wed next week for Thur-Fri next week not sure maybe slight uptick. The 5th is anniversary.. market closed. so Tue maybe back to .0015 and hopefully PR by fri 9th.

Take it for what's worth, which is probably not much

Yep!

I agree 100%. T&A people should get excited by this this.

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Bigrod40
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[Eek!] [Eek!] OK its time to play "Lets read between the Lines"

Todays PR made the following statement.
"QTN Worldcast will deliver the latest in queer news around the globe ".

Does this mean on Pride in Canada.
Does this mean on Pink in France.
Does this mean in Australia .
Does this mean on Time Warner in China (dreaming)

Come on Frankie make it all happen!!!

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DeportTheWitless
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 -
Should be interesting to watch... if it bounces off of .0014 again could see another little spike.
Trend reversal????

Dunno... my gut says no but nothing is for sure.

--------------------
Spend Word For Word With Me And I Shall Make Your Wit Bankrupt

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4Art
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Or it could mean news "from" around the globe.

But I hope it means what you think it does. [Cool]


quote:
Originally posted by Bigrod40:
[Eek!] [Eek!] OK its time to play "Lets read between the Lines"

Todays PR made the following statement.
"QTN Worldcast will deliver the latest in queer news around the globe ".

Does this mean on Pride in Canada.
Does this mean on Pink in France.
Does this mean in Australia .
Does this mean on Time Warner in China (dreaming)

Come on Frankie make it all happen!!!


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4Art
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Just think how much your 30,000 shares will be worth when it hits .002! Wow! How do you sleep? [Cool]

quote:
Originally posted by DeportTheWitless:
Should be interesting to watch... if it bounces off of .0014 again could see another little spike.
Trend reversal????


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DeportTheWitless
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quote:
Originally posted by 4Art:
Just think how much your 30,000 shares will be worth when it hits .002! Wow! How do you sleep? [Cool]

quote:
Originally posted by DeportTheWitless:
Should be interesting to watch... if it bounces off of .0014 again could see another little spike.
Trend reversal????


Usually on my right side.
I'll be watching closely.. if any sort of bounce begins I assure you I'll be in again... and then out again with a quickness.

--------------------
Spend Word For Word With Me And I Shall Make Your Wit Bankrupt

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Doctoall
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QueerEdge on Pridevision. So do you think that "Q" will release this programming sharing in an official PR ? This was taken from a write up on OUTtv.

Any guesses that this will be Tuesday's PR ? Frank will probably be upset that OUTtv spilled the beans before he did a PR.

GO QBID!!!!!! Bring On the Green [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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bige2533
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Anyone looking to be a traffic assistant?

http://www.tdga.org/artman/publish/article_111.shtml


Traffic Assistant (Television Nework): - The Q Television Network, located in Palm Springs, CA, is seeking a Traffic Assistant who will assist with the production of the daily logs, AR and billing. The ideal candidate will be experienced with the VCI Stars II+ system, have at least 1 year TV traffic experience and have a minimum of a high school diploma. This candidate will need to be extremely organized, work well under pressure and be able to problem solve.Please submit your resume to: Traffic Assistant, Q Television Network, 303 North Indian Canyon Drive, Palm Springs, CA 92262. Or fax to: 760-778-5271 attn: Traffic Director. Closing date: When position is filled or 9/15/05.

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Doctoall
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Remember I posted this last Wednesday Aug 17/05.

Hello, Wayne.. Well, we are starting to do some sharing of programming!
We will be airing in Canada Queeredge with Jack E Jett, which is a Q Television show, starting in September..
We are very excited about this~! Thanks Wendy

Wendy Donnan
Director of Programming and Operations

6166954 Canada Inc. "OUTtv" and "HARD on PrideVision"
491 Church Street
Suite 200
Toronto, Ontario
M4Y 2C6

(t) 416-979-2900 x 209 or 1-877-PRIDE TV
(f) 416-979-1300

(e) wendy@pridevisiontv.com

call 1-877- PRIDE TV or your local cable or satellite provider and subscribe to
PrideVision TV today!

--------------------
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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Penny-Trader
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I tried this Ric i had it in my tag line to send 2 or 3 e-mails a day in. But in order to make a difference everyone needs to be on board with the idea and participate, not just agree.

Rod


quote:
Originally posted by Ric:
Well, I just want to see this move. And until we can get some information then it will only move on groups and thats bad for long term because the drop is usually worse in the end. If we could get some sound information so that we can get some big names in here then this thing can take off and hold its pps. And thats what we all want in the end.

I just wish that we could get some shareholders to start a write in (email) started to get the company to listen to our needs and tell us the facts.



--------------------
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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Transfer Agent

quote:
Originally posted by BJ:
WHATS TA.....



--------------------
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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lilpennypincher
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OK...just about time for Me to jump back in...
Got my eye on the MM's.....and the movement back up.

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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aj4400
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Well, I just want to see this move. And until we can get some information then it will only move on groups and thats bad for long term because the drop is usually worse in the end. If we could get some sound information so that we can get some big names in here then this thing can take off and hold its pps. And thats what we all want in the end.

I just wish that we could get some shareholders to start a write in (email) started to get the company to listen to our needs and tell us the facts.

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


In response to above post from Ric:

Hi All,
This is my first post. Have been reading your posts for some time now and have enjoyed all the excellent DD from all. Looks like some very intelligent Investors are posting and I guess, some “not so intelligent”. I have been invested in QBID pretty much from the beginning.

Over a month ago Father of Two posted what I thought was an excellent idea. He asked if anyone was willing to go down to the Q main office and view records. I had some time off and emailed Richard Brown to sent up an appointment. With NO REPLY on my first email, I sent another to Richard Brown & to Q. Still NO REPLY.
A couple of weeks ago I sent a 3rd email to Richard & Q. Once again, NO REPLY.

I have been investing for quite a few years now and can’t quite understand why the outstanding share count is such a secret. With all the positive QBID PR’s over the last year, I’m now beginning to think that this may be like the MLON buyout situation – “When something looks too good to be true, IT USUALLY IS”.

Below is a copy of the reply and email sent to Washington State Legislation last week. I also sent a copy of this to Richard and to Q.

Thank you for contacting the Washington State Legislative Information and Legislative Internet Support.
I suggest contacting the Secretary of States Corporations department. Provided is a link.

http://secstate.wa.gov/corps/

Washington State Legislative Information Center
PO Box 40600
Olympia, WA 98504-0600
(360)786-7573
Fax (360)786-1293


From:
Sent: Friday, August 19, 2005 12:12 PM
To: Support, Internet
Cc: staff@equityrelations.com; shareholderprotection@qtelevision.com
Subject: Appointment to view records
Washington State Legislature

Dear Sir or Ms

Triangle Multimedia or Q Television (trading under the symbol QBID.PK) is incorporated in the State of Washington.

According to the state law of Washington RCW 23B.16.020 - Inspection of records by shareholders - a shareholder has the RIGHT to inspect the books and records of the company if 5 business days notice is given.

I have sent 3 different emails to Q Television & Investor Relations to set up an appointment and have received NO reply. My first email was sent well over a month ago.

Can you tell me how I would file a formal complaint in this matter or is there anything I can do through your office?

Thank you.

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Marty
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Any comments on this?? Note it mentions an Audit. So, almost 6 years later, can we see some financials, other than this:
http://www.pinksheets.com/quote/company_profile.jsp?symbol=QBID
I think the time has come....
//////////////////////
(QBID) Triangle Broadcasting to Sweeten Offer to
Triangle MultiMedia Limited
for Business Combination

PALM SPRINGS, Calif., Sep 14, 1999
(ENTERTAINMENT WIRE) -- Triangle
Broadcasting Company (OTCBB:GAAY) announced today
that it is increasing
its share offer to Triangle MultiMedia Limited
(OTCBB:QBID) for the
purposes of facilitating a Business Combination.

Management has requested that Triangle MultiMedia
Limited "sticker"
their current proxy to include the increased offer.
Previously,
management had offered a 1 share for 1 share
exchange. The new offer is
three and three-quarter shares of GAAY for each share
of QBID. The
offer is made to the QBID shareholders based upon the
following items:

(1) Net Asset Value of each company.
(2) Number of shares outstanding in each company.
(3) Management of each company.
(4) Share Price and Market Capitalization of each
company.

Shareholders of QBID will be asked first to consider
the new offer in
their current proxy. If the offer is not accepted by
QBID shareholders
each company will continue as an individual entity. If the
offer is
accepted then it will need to be ratified by GAAY
shareholders in a
proxy within the next 30 days following the end of the
QBID proxy
period. If GAAY shareholders do not ratify the
combination ratio then
each company will go on as individual entities. If GAAY
shareholders do
ratify the combination ratio then the companies will be
combined into a
new entity also called Triangle MultiMedia Limited on a
ratio of three
and three-quarter GAAY shares to one QBID share.

Due to a potential conflict of interest with GAAY
shareholders neither
management nor Frank Olsen will vote any of their GAAY
shares. The
decision to combine or not combine on the proposed
ratios is solely in
the hands of the public shareholders of GAAY at that
point. Prior to
the GAAY proxy, if it is needed, independent appraisals
of QBID's
assets and liabilities will be available for review by
GAAY
shareholders in the offices of Triangle MultiMedia
Limited.

Triangle MultiMedia is in the process of beginning its
audit so that it
may become a reporting company. If these audits are
available to
management on a completed or nearly completed basis
they too will be
made available to the shareholders of Triangle
Broadcasting Company.
Additionally a business plan for Triangle MultiMedia will
be available
to GAAY shareholders for review if complete at the
time of proxy.

Safe Harbor Statement Under the Private Securities
Reform Act of 1995:
The statements contained herein that are not historical
facts are
forward looking statements that are subject to risks and
uncertainties
that could cause actual results to differ materially from
those
expressed in the forward looking statement. There is no
guarantee that
the shareholders of either company will accept this
offer of a business
combination. Investors at this and other stages of this
transaction are
subject to a high degree of risk and can lose up to their
entire
investment on both companies at anytime.

Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Triangle Broadcasting Company
James French, 760/322-1217

WEB PAGE: http://www.businesswire.com

GEOGRAPHY: CALIFORNIA

INDUSTRY CODE: ENTERTAINMENT
INTERACTIVE/MULTIMEDIA/INTERNET

Today's News On The Net - Business Wire's full file on
the Internet
with Hyperlinks to your home page.

*** end of story ***

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

Posts: 1740 | From: NJ, USA | Registered: Oct 2004  |  IP: Logged | Report this post to a Moderator
Penny-Trader
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hey now you seem to be coming around.

why can you not just say waht you want to do and what your going to do intead of telling us we are stupid for investing.

Im sure you can be a good guy if you try real hard. Just dont lie to us we dont like it.

Rod

quote:
Originally posted by DeportTheWitless:
quote:
Originally posted by 4Art:
Just think how much your 30,000 shares will be worth when it hits .002! Wow! How do you sleep? [Cool]

quote:
Originally posted by DeportTheWitless:
Should be interesting to watch... if it bounces off of .0014 again could see another little spike.
Trend reversal????


Usually on my right side.
I'll be watching closely.. if any sort of bounce begins I assure you I'll be in again... and then out again with a quickness.



--------------------
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
Doctoall
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quote:
Originally posted by lilpennypincher:
OK...just about time for Me to jump back in...
Got my eye on the MM's.....and the movement back up.

Well the dead have come alive [Big Grin] Just mentioning your name today when I had coffee with another "Q" shareholder and look out she's back. Nice to see you here again good indicator that good things are to come. First drink is on me.

GO QBID!!!!!

--------------------
Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow

Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004  |  IP: Logged | Report this post to a Moderator
lilpennypincher
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quote:
Originally posted by Doctoall:
quote:
Originally posted by lilpennypincher:
OK...just about time for Me to jump back in...
Got my eye on the MM's.....and the movement back up.

Well the dead have come alive [Big Grin] Just mentioning your name today when I had coffee with another "Q" shareholder and look out she's back. Nice to see you here again good indicator that good things are to come. First drink is on me. GO QBID!!!!!
On you or with you Doc? LOL

Either way.....WHOOO-HOOO! OK!
and.....Thanks Doc....

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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Aquapurity
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Penny-Trader... I have a question. I believe in Q, I did however become worried that if MM could naked short and just sell shares that don't exist to their hearts content in the pinks where there is little accountability, then the stock could become extremely diluted. In a recent post you said that Richard said that, provided Q is eventually successful, any MM's short positions will be squeezed. Does this mean that in the final analysis any fabricated shares that were sold would have to be coughed up by the MMs? Or do they just get off free? (And therefore qbid stays artificially diluted)

Pardon my ignorance, as always thanks for being informative.

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Doctoall
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Lil, Lil, Lil you never change, if the drink needs to be on me then so be it [Big Grin] It could turn out to be alot of fun.

GO QBID!!!!! The Time For Green Is Now

--------------------
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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DeportTheWitless
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quote:
Originally posted by Penny-Trader:
hey now you seem to be coming around.

why can you not just say waht you want to do and what your going to do intead of telling us we are stupid for investing.

Im sure you can be a good guy if you try real hard. Just dont lie to us we dont like it.

Rod

quote:
Originally posted by DeportTheWitless:
quote:
Originally posted by 4Art:
Just think how much your 30,000 shares will be worth when it hits .002! Wow! How do you sleep? [Cool]

quote:
Originally posted by DeportTheWitless:
Should be interesting to watch... if it bounces off of .0014 again could see another little spike.
Trend reversal????


Usually on my right side.
I'll be watching closely.. if any sort of bounce begins I assure you I'll be in again... and then out again with a quickness.


I never called you stupid.
Nothing has changed... QBID is still dilluting... no doubt about it... intrest is too high... demand is too high. Surely you watch levl two pretty often.. pretty easy to see that there really isn't that much selling going on.
Mostly buys.... there is no way the price would stay so low and actually continue to drop if the MM's didn't have boatloads to sell.
MM's get their shares from two places.. the company via their transfer agent of from us... since we ain't selling.. it must be the company...
That is simple logic.
There really could be honest reasons for dilluting like this... could be the only way Frank can pay the bills... no problem with that really.. to an extent.
The problem comes into play when Frank doesn't disclose this to the shareholders... they are the ones who will be hurt by this action as they will receive no more shares and the shares they do own will be worth less.

--------------------
Spend Word For Word With Me And I Shall Make Your Wit Bankrupt

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Penny-Trader
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Good question that deserves an answer.

what has to happen at the end of the day the shares have to be covered and paid for.

once the squeeze happens the mms have to cover thier short possitions. so basically if they sold a billion shares more then they actually had, then they have to start buying shares back to cover the shares they have shorted.

if all the shares that dont exist are in the hands of investors, then they have to evcourage the investor to sell. now the most proffitable way for the mm to get these shares is at a lower price then they sold them for originally, so this is in my opinion what has been happening lately. they make it look like people are dumping thier shares and when the price drops and weak hands start to believe that everyone is dumping, then they dump and the mms buy up thier shares to cover thier shorts.

on the other hand when they run out of people willing to sell then they would have to start raising the ask to encourage profit taking now this covers there short possitions but they may end up buying back at a higher price then they sold at and thus lose a bit of money, but none the less gets them out of a short situation.

the nice thing about the whole situation is that once everything is reconciled the price will move more easily as there will only be legal shares in the market.

you bought your shares through a broker and are on record so your shares are safe that way.

rod


quote:
Originally posted by Aquapurity:
Penny-Trader... I have a question. I believe in Q, I did however become worried that if MM could naked short and just sell shares that don't exist to their hearts content in the pinks where there is little accountability, then the stock could become extremely diluted. In a recent post you said that Richard said that, provided Q is eventually successful, any MM's short positions will be squeezed. Does this mean that in the final analysis any fabricated shares that were sold would have to be coughed up by the MMs? Or do they just get off free? (And therefore qbid stays artificially diluted)

Pardon my ignorance, as always thanks for being informative.



--------------------
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
Wangdo
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I have one problem with your T/A, for a double bottom to form there needs to be a uptrend in the middle. What you have circled as a double bottom is actually not. If you look at where we are now you see a bottom at .0014 and a uptrend to .0020 and now we go back down to .0014 and hold that position. If it doesn't hold .0014 and drops and holds at .0013 then we missed the double bottom.
See the difference?
http://www.stockcharts.com/education/ChartAnalysis/doubleBottom.html

quote:
Originally posted by DeportTheWitless:
 -
Should be interesting to watch... if it bounces off of .0014 again could see another little spike.
Trend reversal????

Dunno... my gut says no but nothing is for sure.



--------------------
Sometimes the poorest man leaves his children the richest inheritance.

Posts: 804 | From: Woodbridge, Va | Registered: Aug 2005  |  IP: Logged | Report this post to a Moderator
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