quote:Your dilution theory is gone with the wind and you need to follow.
Buckwheat, I seriously suggest you rethink your position. I have had no less than 8 members on here thank me in PM for my DD and ask for suggestions on how to manage their QBID investment. Don't worry folks, I won't mention any of your names, because I respect you and your faith in QBID.
Any and all of you are welcome to disagree with me in here, but if you know anything, you know that I am very dedicated to determining what is exactly going on. I don't find it surprising that Frank is diluting. I see the fact that he released these unaudited numbers as a GOOD thing, and shows he's able to improve.
If you are still unwilling to concede that dilution has went on, that is your perrogative, but it will be in evidence of extremely easy DD. To berate me for lack of doing DD is downright ludicrous; refusing to do any of your own is sad considering all I have brought to this forum.
Here it is, bonifide proof that Frank has diluted. I'll break it down for you: 1) Triangle Multimedia Limited, Inc. Announces Plans To Create Limited Stock Buy Back Program Triangle Multimedia Limited Inc. uncertified share info is 15B shares authorized with 7 1/2 B shares outstanding. Date: Feburary 10th, 2004 Source: http://tinyurl.com/dcg36
2) Q Television Reduces its Tradable Stock by Fifty-Three Percent We converted QBID shares into preferred stock, eliminating fifty-three percent of the tradable outstanding shares. Date: August 2nd, 2005 Source: http://tinyurl.com/72vqo
3) Q Television -- Valued at Ten Times its Current Market Capitalization -- Issues Financials Triangle Multi Media (TMM), ticker: QBID (Q Television being a subsidiary of Triangle Multi-Media) shares outstanding total fourteen billion and five and one-half billion shares restricted. Date: August 29th, 2005 Source: http://tinyurl.com/ap7pn
The Math: Feb. 2004 - 7.5 billion shares O/S with Frank owning 53% (3.975 billion). Total O/S without Frank = 3.525 billion Aug. 2005 - 14 billion shares O/S, none owned by Frank. A dilution of about 10.5 billion.
The launch of QTelevision brought the stock to .02. Assuming it had that value and there was no dilution up till that point, at 3.525 bilion shares, QBID was at a market value of 70.5 million, which IMHO, is a reasonable assessment of its value now, if not overvalued for just its launch.
We now know the O/S is a whopping 14 billion, none of which are owned by Frank. 14b divided by 3.5b is four times the previous O/S for the investors. Again, this is simple math.
Suffice to say, if the market cap of QBID was .02 with 3.5 billion, QBID is still currently undervalued, despite the dilution. It should be trading at about .0070. I find 70 million overvalued, but I also find that at .0015, 21 million, we are undervalued, not at ten times like Frank would like us to believe, but perhaps by 2 times or 3. If you are looking for a target exit on this stock at even valuation, you should be looking at about .0065 for the PPS. I suspect that in the next six months, we will get there. Come time for the gay games, I would not be surprised if we were at .01 ($140 million). This is all assuming that Frank quits diluting, however.
There is now NO reason, if the current valuation is true, for QBID to hesitate on completing the audit. They should immediately and without delay set a date to have a completed audit and a move to a new exchange if what these preliminary statements say are true.
Frank owes it to us to get off the Pinks ASAP. He has graciously admitted to having diluted and I thank him for it. Now he needs to get us off the Pinks and start treating this as if it is a real business.
After seeing this PR, I have faith that QBID will see profits in Summer of 2006 as Frank has indicated, but not unless we move to a new exchange and get the audit published. Pressure should be on him now to do exactly that.
This is my position.
Buckwheat, I'm sorry you cannot handle simple math. Ignore me if you want, but don't reply without refuting my arguments.
[ August 29, 2005, 17:47: Message edited by: g-invest ]
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO. Posts: 676 | Registered: Apr 2005
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quote:Where does it say he diluted 7 billion shares in the last year? Show your proof!
It was actually diluted more, 10.5 billion. See above.
I thought dilution was to the tune of 23 billion. That turns out to be incorrect. So I was wrong and I am willing to admit I was. It is now 10.5 billion, and that is verifiable via PRs. I've seen worse on the Pinks, but it's still enough dilution that Frank needs to apologize for it by buying them back, completing the audit immediately, and moving us to a new exchange.
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO. Posts: 676 | Registered: Apr 2005
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posted
G-invest if I had all the time in the world I would prove you wrong, but unlike you I have a life. I think everyone here knows not to listen to you so I am not even going to prove you wrong. Just know I CAN!
posted
14 billion - five and one-half billion shares restricted, you can't count them( the restricted shares)I think..correct me if i'm wrong G-invest, but the 14 billion includes the 5.5 billion restricted shares ...or not?
-------------------- I'm a genius and if u can't handle that, to bad !!!! Posts: 211 | Registered: Aug 2005
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posted
if there was a dilution its max 1 billion shares wich were diluted 14 billion- 5.5 restricted shares - 4 billion( 3.975 billion)shares that Frank had in 2004 =4.5 billion shares free float
posted
Okay i have a question about this statement here and hopefully someone can help me.
Shares Outstanding -- Triangle Multi Media (TMM), ticker: QBID (Q Television being a subsidiary of Triangle Multi-Media) shares outstanding total fourteen billion and five and one-half billion shares restricted. The time constraints placed on the restricted stock is for three to five years. The share increase in 2004 was due to acquisitions, previously restricted shares coming due, and was prior to secured financing. The shares bargained in 2004 were strictly utilized for growing Q Television. TMM has no future intention of raising its outstanding share count and/or authorized share count. TMM will also buy back stock when liquidity is available.
14,000,000,000 shares Outsanding Shares if i read that right. Now if are 14 billion O/S where do the preferred shares come into play because they can't be part of the O/S being preferred shares, to my knowledge.
Now add the 53% that was taking away thats like 30 billion shares that had flooded the QBID market. This thought makes me very unhappy. If this was a true audit shouldent there be something saying X preferred shares since they are no long on the O/S? or do i have this wrong, If i have it wrong can someone explain to me where the preferred shares are/went too, or are they still in the preferred share pile?
Thanks
-------------------- M.M. Semester #3 started,Only 7 more semesters to go. Why, in an age where information is so easy to get, cant we find information on one man. Experience is something you dont get until just after you need it. Posts: 1002 | From: Southaven, Mississippi, US | Registered: Nov 2004
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posted
Sorry MM. I posted the same time as you. Good question!
quote:Originally posted by Monopoly Money: Okay i have a question about this statement here and hopefully someone can help me.
Shares Outstanding -- Triangle Multi Media (TMM), ticker: QBID (Q Television being a subsidiary of Triangle Multi-Media) shares outstanding total fourteen billion and five and one-half billion shares restricted. The time constraints placed on the restricted stock is for three to five years. The share increase in 2004 was due to acquisitions, previously restricted shares coming due, and was prior to secured financing. The shares bargained in 2004 were strictly utilized for growing Q Television. TMM has no future intention of raising its outstanding share count and/or authorized share count. TMM will also buy back stock when liquidity is available.
14,550,000,000 shares Outsanding Shares if i read that right. Now if are 14.550 billion O/S where do the preferred shares come into play because they can't be part of the O/S being preferred shares, to my knowledge.
Now add the 53% that was taking away thats like 30 billion shares that had flooded the QBID market. This thought makes me very unhappy. If this was a true audit shouldent there be something saying X preferred shares since they are no long on the O/S? or do i have this wrong, If i have it wrong can someone explain to me where the preferred shares are/went too, or are they still in the preferred share pile?
posted
[QUOTE]Originally posted by 4Art: [QB] Sorry MM. I posted the same time as you. Good question!
ive actually been thinking about that for the past 3 hours since i first saw the PR and was weeding through all the posts inbetween tickets *at work* to make sure i didnt double post. But thanks i thought it was a good question worthy of a post by lil ol me:D
-------------------- M.M. Semester #3 started,Only 7 more semesters to go. Why, in an age where information is so easy to get, cant we find information on one man. Experience is something you dont get until just after you need it. Posts: 1002 | From: Southaven, Mississippi, US | Registered: Nov 2004
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posted
Monopoly Money, maybe this can help you, if you read the hedding of the PR it says Valued at Ten Times its Current Market Capitalization, and you know the current value of Qbid 200 million dollars...
-------------------- I'm a genius and if u can't handle that, to bad !!!! Posts: 211 | Registered: Aug 2005
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posted
you're right about that G, like nobody could give an answer to King Crimson, when somebody like him appears on this board it makes them realize that they don't know everything and still can learn, like I do every day
-------------------- I'm a genius and if u can't handle that, to bad !!!! Posts: 211 | Registered: Aug 2005
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posted
Jonas...again, please explain why your english is broken here... your quote: I'm of now(sleep),still need that RSI of 30 and thats were we are going the next days(hope I have it wrong)
but then pretty f'n clear here... your quote: Monopoly Money, maybe this can help you, if you read the hedding of the PR it says Valued at Ten Times its Current Market Capitalization, and you know the current value of Qbid 200 million dollars...
-------------------- QBID 3,000,000 LONG Posts: 126 | From: Derby City | Registered: Aug 2005
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posted
For those interested in real DD, a good place to begin is Whizknock's list. (See below)
I got comfortable with my answers to these questions a long while ago. That's why none of the bashers or pumpers can get to me. And it drives them crazy. Just look at G-Invest, for example. He's practically foaming at the mouth.
See you tomorrow, everyone.
Before investing, ask yourself...
(1) Do they have a product or service?
(2) Is it a quality product or service?
(3) Is it a marketable product or service?
(4) Are there precedents, companies that provide the same kind of product or service?
(5) Do most if not all these companies trade for over a dollar a share?
(6) What differentiates my prospect from these other companies?
(7) Do they have a target demographic?
(8) Does that demographic have the means to support the product?
(9) Where does the commercial community stand, do Fortune 500 Companies want to reach the prospect's target demographic?
(10) Can the prospect deliver an effective avenue for the major corporations to reach this market?
(11) Do they have sponsors?
(12) What's the possible impact of their primary competition & will my prospect have the lead in the market?
(13) Does this prospect have management with a proven track record of not only running a company but actually bringing a company to market, making it successful & profiting from this endeavor?
(14) Do I have the discipline, willingness & conviction to maintain a large core position?Posts: 3243 | From: California | Registered: Jul 2005
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quote:Originally posted by Monopoly Money: Okay i have a question about this statement here and hopefully someone can help me.
Shares Outstanding -- Triangle Multi Media (TMM), ticker: QBID (Q Television being a subsidiary of Triangle Multi-Media) shares outstanding total fourteen billion and five and one-half billion shares restricted. The time constraints placed on the restricted stock is for three to five years. The share increase in 2004 was due to acquisitions, previously restricted shares coming due, and was prior to secured financing. The shares bargained in 2004 were strictly utilized for growing Q Television. TMM has no future intention of raising its outstanding share count and/or authorized share count. TMM will also buy back stock when liquidity is available.
14,000,000,000 shares Outsanding Shares if i read that right. Now if are 14 billion O/S where do the preferred shares come into play because they can't be part of the O/S being preferred shares, to my knowledge.
Now add the 53% that was taking away thats like 30 billion shares that had flooded the QBID market. This thought makes me very unhappy. If this was a true audit shouldent there be something saying X preferred shares since they are no long on the O/S? or do i have this wrong, If i have it wrong can someone explain to me where the preferred shares are/went too, or are they still in the preferred share pile?
Thanks
MM i was thinking the exact same thing... greta question. I reall wish he would have address the preferred shares also.
Posts: 102 | From: Chicago | Registered: Jul 2005
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posted
G-invest i dont know maybe my numbers are wrong. But im sitting here reading everything and it just dosent add up.
PR'ed 15 bil. O/S 53% of total shares converted to preferred shares. Since the conversion was announced a few weeks ago and now the total O/S is 15 bil and you just said preferred shares are its own animal then using simple math i can only conclude that there were at one time over 30 billion shares in the O/S.
Either im confused, someone's not giving me correct information or my math is wrong but thats what im looking at right now. Just why would he post 15 bil shares if 53% of them are preferred shares unless Frank either A) screwed up, B) there no really preferred shares and that was a fluff PR or C) there were over 30 billion shares in the O/S. Those are the only 3 options i can see possible, maybe theres more, IDK, but from my viewpoint, Thats it....
Please someone correct me if im wrong.
-------------------- M.M. Semester #3 started,Only 7 more semesters to go. Why, in an age where information is so easy to get, cant we find information on one man. Experience is something you dont get until just after you need it. Posts: 1002 | From: Southaven, Mississippi, US | Registered: Nov 2004
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posted
Ok enough nit-picking, the PR was one of the best I have seen since I bought into QBID, last year. My average is .0089, and I am not concerned about the pps and how much Im down. I know I have a winner here and I have the most important thing to go along with it... PATIENCE... So you guys that are sitting at a average of .0016-.0019, SELL, and F**K OFF and leave the postings to real investors. Did I swear??
Anyways back to QBID, Looks like Verizon was interested in todays PRs, I wonder why the Verizon name keeps poping up with Q Televison
posted
To reiterate today, we got a fantastic PR. Although the audit is not completed, everyone wanted an update on where we sat. The bashers have been put in there place although they refuse to accept it and are refusing to be assimilated. (LOL!) Now sluffing off the bashers as they are barely even hanging on by a mere thread, Q is in a more powerful position than ever before.
It has been identified in the PR 14 billion OS shares
It was also pointed out that an increase in the OS was due acquisitions and strictly used for growth for Q
5. 5 Billion is restricted shares
Debt is 2 million
We have over 4000 films that in itself will produce 200k $ per year
quote:Your dilution theory is gone with the wind and you need to follow.
Buckwheat, I seriously suggest you rethink your position. I have had no less than 8 members on here thank me in PM for my DD and ask for suggestions on how to manage their QBID investment. Don't worry folks, I won't mention any of your names, because I respect you and your faith in QBID.
Any and all of you are welcome to disagree with me in here, but if you know anything, you know that I am very dedicated to determining what is exactly going on. I don't find it surprising that Frank is diluting. I see the fact that he released these unaudited numbers as a GOOD thing, and shows he's able to improve.
If you are still unwilling to concede that dilution has went on, that is your perrogative, but it will be in evidence of extremely easy DD. To berate me for lack of doing DD is downright ludicrous; refusing to do any of your own is sad considering all I have brought to this forum.
Here it is, bonifide proof that Frank has diluted. I'll break it down for you: 1) Triangle Multimedia Limited, Inc. Announces Plans To Create Limited Stock Buy Back Program Triangle Multimedia Limited Inc. uncertified share info is 15B shares authorized with 7 1/2 B shares outstanding. Date: Feburary 10th, 2004 Source: http://tinyurl.com/dcg36
2) Q Television Reduces its Tradable Stock by Fifty-Three Percent We converted QBID shares into preferred stock, eliminating fifty-three percent of the tradable outstanding shares. Date: August 2nd, 2005 Source: http://tinyurl.com/72vqo
3) Q Television -- Valued at Ten Times its Current Market Capitalization -- Issues Financials Triangle Multi Media (TMM), ticker: QBID (Q Television being a subsidiary of Triangle Multi-Media) shares outstanding total fourteen billion and five and one-half billion shares restricted. Date: August 29th, 2005 Source: http://tinyurl.com/ap7pn
The Math: Feb. 2004 - 7.5 billion shares O/S with Frank owning 53% (3.975 billion). Total O/S without Frank = 3.525 billion Aug. 2005 - 14 billion shares O/S, none owned by Frank. A dilution of about 10.5 billion.
The launch of QTelevision brought the stock to .02. Assuming it had that value and there was no dilution up till that point, at 3.525 bilion shares, QBID was at a market value of 70.5 million, which IMHO, is a reasonable assessment of its value now, if not overvalued for just its launch.
We now know the O/S is a whopping 14 billion, none of which are owned by Frank. 14b divided by 3.5b is four times the previous O/S for the investors. Again, this is simple math.
Suffice to say, if the market cap of QBID was .02 with 3.5 billion, QBID is still currently undervalued, despite the dilution. It should be trading at about .0070. I find 70 million overvalued, but I also find that at .0015, 21 million, we are undervalued, not at ten times like Frank would like us to believe, but perhaps by 2 times or 3. If you are looking for a target exit on this stock at even valuation, you should be looking at about .0065 for the PPS. I suspect that in the next six months, we will get there. Come time for the gay games, I would not be surprised if we were at .01 ($140 million). This is all assuming that Frank quits diluting, however.
There is now NO reason, if the current valuation is true, for QBID to hesitate on completing the audit. They should immediately and without delay set a date to have a completed audit and a move to a new exchange if what these preliminary statements say are true.
Frank owes it to us to get off the Pinks ASAP. He has graciously admitted to having diluted and I thank him for it. Now he needs to get us off the Pinks and start treating this as if it is a real business.
After seeing this PR, I have faith that QBID will see profits in Summer of 2006 as Frank has indicated, but not unless we move to a new exchange and get the audit published. Pressure should be on him now to do exactly that.
This is my position.
Buckwheat, I'm sorry you cannot handle simple math. Ignore me if you want, but don't reply without refuting my arguments.
g-invest Great post - sounds to me like you tell it like it is, not like the pumpers want you to tell it.
Posts: 19 | Registered: Jul 2005
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posted
I am not one to join into all the arguing going on about if dillution is going on, some say it is some say it's not. Normally I would ignore all of it because I am not as smart in regards to investing as many of you are but the way the word dillution is being used is showing me that some people don't know the difference between dillution and a company selling shares to make money instead of taking a loan. the follwoing comes from investopedia dot com and shows what dillution actually is. "In addition to the stocks it issues to investors and executives, many companies offer stock options and warrants. These stock options and warrants are instruments that give the holder a right to purchase more stock from the company's treasury. Every time one of these instruments is activated, the float and shares outstanding increase while the number of treasury stocks decrease. For example, suppose CTC issues 100 warrants. If all these warrants are activated, then Cory's Tequila Corporation will have to sell 100 shares from its treasury to the holders of the warrants. Thus, by following the most recent example, where the number of outstanding shares is 350 and treasury shares is 650, the exercise of all the warrants would change the numbers to 450 and 550 respectively, and the float would increase to 300. This effect is known as dilution." Nobody who has been spewing the dillution thory has at all mentioned anything in regards to warrants how many have been issued and how many have been cashed in. Second it is perfectly legal for a company to have shares on hand to sell to make cash instead of taking out a loan this practice IS NOT dillution.
Posts: 60 | From: Illinois | Registered: Aug 2005
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quote:Originally posted by Bigrod40: Ok enough nit-picking, the PR was one of the best I have seen since I bought into QBID, last year. My average is .0089, and I am not concerned about the pps and how much Im down. I know I have a winner here and I have the most important thing to go along with it... PATIENCE... So you guys that are sitting at a average of .0016-.0019, SELL, and F**K OFF and leave the postings to real investors. Did I swear??
Anyways back to QBID, Looks like Verizon was interested in todays PRs, I wonder why the Verizon name keeps poping up with Q Televison
I'm not bashing i just thought it was a good question. Or was i wrong? and you now percieve me as bashing this stock
-------------------- M.M. Semester #3 started,Only 7 more semesters to go. Why, in an age where information is so easy to get, cant we find information on one man. Experience is something you dont get until just after you need it. Posts: 1002 | From: Southaven, Mississippi, US | Registered: Nov 2004
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posted
Actually MM, 14 billion are the OS, subtract 5.5 billion for the restricted=8.5 billion,subtract 53% that Frank has for preferred and you end up with approx 3.99 billion for a float.
quote:Originally posted by Monopoly Money: G-invest i dont know maybe my numbers are wrong. But im sitting here reading everything and it just dosent add up.
PR'ed 15 bil. O/S 53% of total shares converted to preferred shares. Since the conversion was announced a few weeks ago and now the total O/S is 15 bil and you just said preferred shares are its own animal then using simple math i can only conclude that there were at one time over 30 billion shares in the O/S.
Either im confused, someone's not giving me correct information or my math is wrong but thats what im looking at right now. Just why would he post 15 bil shares if 53% of them are preferred shares unless Frank either A) screwed up, B) there no really preferred shares and that was a fluff PR or C) there were over 30 billion shares in the O/S. Those are the only 3 options i can see possible, maybe theres more, IDK, but from my viewpoint, Thats it....
posted
For what it's worth, I don't neccesarily think g-invest is here to bash our stock. He does provide us with valid arguments and it's not like he's trying to instill fear among QBID investors like real bashers such as Roadrunner and DeportTheWitless.
Posts: 798 | From: New Jersey | Registered: Jan 2005
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posted
When Qbid pr'd the RCN launch the pps tanked . The RCN launch caused a drop in pps. The COX deal caused a drop. The more progress the company makes the lower the pps? They (MR. Olsen n co.) sell shares. its a fact, it cant be denied. every time a decent pr came out the pps dropped. He anounced buybacks and did them. you can see the buybacks in the charts. quick mysteriously timed. prd, not prd This is round two for this company and Mr. Olsen knows what he's doing. he took it from.0001 to.05 back to .0001, he knows how to trade this thing against us investors, thats only until they gain some value,and they have now. I'm loading up. the pps is low, they are producing tv shows, braodcasting them, have a production studio, Have the best stock promotion going, unlimited supply of new investors, most talked about stock on internet.
Posts: 348 | From: seattle | Registered: May 2005
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quote:Originally posted by shlik: When Qbid pr'd the RCN launch the pps tanked . The RCN launch caused a drop in pps. The COX deal caused a drop. The more progress the company makes the lower the pps? They (MR. Olsen n co.) sell shares. its a fact, it cant be denied. every time a decent pr came out the pps dropped. He anounced buybacks and did them. you can see the buybacks in the charts. quick mysteriously timed. prd, not prd This is round two for this company and Mr. Olsen knows what he's doing. he took it from.0001 to.05 back to .0001, he knows how to trade this thing against us investors, thats only until they gain some value,and they have now. I'm loading up. the pps is low, they are producing tv shows, braodcasting them, have a production studio, Have the best stock promotion going, unlimited supply of new investors, most talked about stock on internet.
WHAT!!!!!!!!!!!!!!!!!!!!!!!!!!!!! You turned???
man! Now g-invest is next.. Then maybe JUST maybe we will turn U4!!!!!!!
Hey I want everyone to get rich! This company might have f'ed up in the past, but now its time to look ahead! It's all coming together!
Who cares what they did last wekk.. lol I am about today and the new QBID!
posted
Sorry if I don't agree. G has continually made statements of dilution in which there is no eveidence from him directed at Frank and company. He has been repeatedly asked to show actual proof with nothing for support of his comments. I believe it was him that also said that the OS would be in excess of 20 billion. He was not even close. Now if he was going to have a discussion then he needs to discuss it and if he wrong then he needs to admit it and move on.
After listening to his arguments he presents,he is only interested in defending his unfounded commnets and not show proof for support of his argument. Basics of a first year law student.He openly admits to people of side bar in this forum he has no proof. Instead of gaining respect by showing proof,he instead joins the rank of the pig headed basher who refuses to show backing as others do and tries to ram his theory down everyones throat. I ask you, do you want a discussion with someone who is open minded or closed minded, both being supported by proof?
quote:Originally posted by Pennies to Dollars: For what it's worth, I don't neccesarily think g-invest is here to bash our stock. He does provide us with valid arguments and it's not like he's trying to instill fear among QBID investors like real bashers such as Roadrunner and DeportTheWitless.
posted
this stock was strictly used for tangible assets and was done in the best interest of the company. We will update the markets upon full completion of the audit," said Olsen
Posts: 348 | From: seattle | Registered: May 2005
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posted
If you look at this chart look at Aug 15th Volume, Candle, MAC and RSI all identical and look what happened the next four days. Audit and news due out before close on the 31st.
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Ok enough nit-picking, the PR was one of the best I have seen since I bought into QBID, last year.![[Eek!]](eek.gif)
Did I swear??![[Wink]](wink.gif)
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