-------------------- 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
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posted
why do you leave out the fact that Frank told us that the os was 15.5 billion back in October.
that is how we came up with the numbers that we had that put us with in half a billion shares with our rough estimates.
he told us last year that he diluted it to that point. you have been stating that he has been diluting recently, but todays numbers shows us that he has not been diluting making your ASSumptions wrong.
why can you not accept that you made a mistake.
we are not going to think anyless of you then we do right now.
dilution is not happening now.
not has it been this year
all along this is what we have been saying:
In Februaru 2004 it was noted that there were 15 billion authorized shares with 7.5 billion of those outstanding
To maintain majority vote, Frank Olsen, president owns 53% of the O/S. 3.975 Billion. This leaves 3.525 billion in the float
After a large increase in PPS, Q Television Network, QTN, dilutes the price and releases 2 billion more shares into the outstanding shares from the authorized shares.
After the dilution there are 9.5 billion outstanding shares. Frank owns 53%, or 5.035 billion, and the float is now 4.465 billion.
To expand, QTN receives a loan to acquire movie deals and rights to broadcast the 2006 Gay Games in Chicago. As collateral, QTN creates 6 billion more outstanding shares. Since the original 15 billion authorized shares were not enough to release 6 billion into the outstanding shares, the authorized shares count was increased to 50 billion.
Outstanding shares are now 15.5 billion. Frank still only owns 5.035 billion and the float is still just 4.465 billion. The 6 billion new shares are just for collateral. These 6 billion are restricted shares.
An announced buyback is completed in late December, 2005. Although the official number of shares bought back is not announced, it is speculated that at least 1 billion were bought back.
Therefore there are 3.465 billion in the float, 5.035 billion owned by Frank, and 6 billion restricted shares. We can assume Frank only wants to own 53% of the shares not including the restricted shares. Therefore he can also reduce his share count by 1.128 billion shares to 3.907 billion.
Thus the total, estimated, outstanding share count would be the 6 billion restricted + 3.907 billion of Franks shares + 3.465 billion in the float. Total = 13.372 billion shares outstanding.
quote:Originally posted by g-invest:
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.
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
Unfortunately, the past PR's leave a certain "void" in regard to the A/S, O/S, (hence the current innuendo). That "void" has been at least, recognized, and simplified in the latest PR. The final audit WILL zero out any confusion, AND identify the reality of the current financial status, and share structure of the company. Real simple......(refer to my previous post on ACCURATE definitions). GLTA
-------------------- 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
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quote:Originally posted by Degs: Sorry forgot to hit paste.
Presenter: Frank Olsen, President/CEO of Q Television Network Location: Terrace Room A (University Commons) About the Presenter: Frank Olsen is President/CEO of Q Television Network, a subsidiary of Triangle Multi-Media Limited, Inc.. Mr. Olsen has been in the broadcasting industry for over 35 years and has helped shape minority programming. He created Q Television Network to provide quality programming for and about the gay, lesbian, bisexual and transgender communities around the world. Mr. Olsen previously launched the first radio station focused on African Americans and their culture in Seattle. He entered the television arena with a four-hour home shopping program which was the forerunner of the current home shopping channels. He was president of The Hospitality Movie Channel which he sold that business to Showtime/Viacom. In addition to his broadcasting ventures, Mr. Olsen has also worked in the LGBT communities, starting 17 clubs centered on LGBT entertainment. His wealth of experience in broadcasting and business, combined with his creativity, has helped him bring Q Television Network to a national audience and create the premiere LGBT television network of his dreams.
No Degs, not what I'm looking for. I've tried to find proof of that biography since I first read it but can find no proof of a "Hospitality Movie Channel" ever existing. Nor can I find any evidence of a Frank Olsen ever starting up any other channel let alone "The Movie Channel".
I've asked a couple of weeks ago if Frank or Richard had stated this themselves and recieved no response from anyone here.
I myself would like to tell people interested in Q that Frank has built networks and sold them.
Buckwheat Bob stated that Frank had started other networks(plural) and even elaborated on that and said he sold them for "a tidy sum of money". I thought he might be someone who could answer my question on this, but when asked he presented no facts to back up his statements. And he throws the gauntlet to ME stating that I should prove a negative? Bulls__t.
Anyone who is not interested in the TRUTH about this company, whether good or bad must have other motives and should not be trusted, period.
Posts: 208 | From: Chicago Area | Registered: Feb 2005
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posted
I think you are missing the entire point. You made the statement I lied. No where on this board have I lied. You did ask for info and I did give you some. I understand you are looking much deeper than that and that's fine and nothing wrong with it. Yes you are right, both sides need to be discussed. Instead of just making accusations and jamming them down peoples throats and being a harda$$ about your point, maybe you too need to be exactly what you claim we are not....open minded.
Discussions I am open for and if I am wrong then I am wrong.But I like you, like the proof to back up why.
Just to finish on this topic,I gues I am not the person to answer your question but as I did say in a previous post,I will post it if I find it.
quote:Originally posted by stashu:
quote:Originally posted by Degs: Sorry forgot to hit paste.
Presenter: Frank Olsen, President/CEO of Q Television Network Location: Terrace Room A (University Commons) About the Presenter: Frank Olsen is President/CEO of Q Television Network, a subsidiary of Triangle Multi-Media Limited, Inc.. Mr. Olsen has been in the broadcasting industry for over 35 years and has helped shape minority programming. He created Q Television Network to provide quality programming for and about the gay, lesbian, bisexual and transgender communities around the world. Mr. Olsen previously launched the first radio station focused on African Americans and their culture in Seattle. He entered the television arena with a four-hour home shopping program which was the forerunner of the current home shopping channels. He was president of The Hospitality Movie Channel which he sold that business to Showtime/Viacom. In addition to his broadcasting ventures, Mr. Olsen has also worked in the LGBT communities, starting 17 clubs centered on LGBT entertainment. His wealth of experience in broadcasting and business, combined with his creativity, has helped him bring Q Television Network to a national audience and create the premiere LGBT television network of his dreams.
No Degs, not what I'm looking for. I've tried to find proof of that biography since I first read it but can find no proof of a "Hospitality Movie Channel" ever existing. Nor can I find any evidence of a Frank Olsen ever starting up any other channel let alone "The Movie Channel".
I've asked a couple of weeks ago if Frank or Richard had stated this themselves and recieved no response from anyone here.
I myself would like to tell people interested in Q that Frank has built networks and sold them.
Buckwheat Bob stated that Frank had started other networks(plural) and even elaborated on that and said he sold them for "a tidy sum of money". I thought he might be someone who could answer my question on this, but when asked he presented no facts to back up his statements. And he throws the gauntlet to ME stating that I should prove a negative? Bulls__t.
Anyone who is not interested in the TRUTH about this company, whether good or bad must have other motives and should not be trusted, period.
So I guess we need to sort this out once and for all and put it to rest.
1/ Dilution: Adding to the number of shares outstanding reduces the value of holdings of existing shareholders.
Your info:
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
Yes the share count was increased, but not just for the sake of increasing it as below from yesterday’s PR:
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.
The shareholders gained value from this transaction so it does not replicate the definition dilution as I think and many others agree, you are driving at. I am already aware of this increase that you have mentioned above, but you have been harping on the point that dilution is ongoing. In fact it is not. Q has never been in a better position than it is now.
2/ I am not sure what you are getting at with this statement. He can not trade them so there fore can not dilute them into the market place.
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
Or this one
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 If you are referring to them as positive then yes I agree
3/ As for the math
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.
Here is the definition on how it is worked out
Stock currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public. Shares that have been repurchased by the company are not considered outstanding stock. They are also known as "issued shares" or "issued and outstanding".
Now to correct your math and this is not a pot shot but just a correction
14 billion OS minus the 5.5 billion restricted brings us to 8.5 billion minus Franks 53% (4.51 billion) = 3.99 approx in the float.
Those #’s are derived from yesterday’s PR
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.
Tuesday, August 02, 2005 Q Television Reduces its Tradable Stock by Fifty-Three Percent
PALM SPRINGS, Calif. – August 2, 2005 -- Q TELEVISION NETWORK, (OTCBB Other: QBID), the first 24/7 premium network for the gay and lesbian community, announced today that, in an effort to bring fair value to its trading stock, QBID, Frank Olsen, President, CEO and majority shareholder, has converted all his personal QBID holdings into preferred stock, which makes up 53 % of the total shares.
"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.”
posted
wow i was away all weekend through yesterday. my friend kept me posted as the day unfolded. I just did all my reading to catch up...man I just went through all 14 pages, you guys are great thanks for all that info and arguing I love it! Im so pumped to be in qbid right now. Im going long, 3 mill so far at 14! woo hoo! Now frank, lets see some real solid confirmation of these numbers! hmmm at this point anyone who is seriously bashing this stock should be hospitalized. there is a potential for serious money down the road here you daytrading bashterds (hehe bashterd = basterd basher). Best of luck to everyone on here, yes especially you "bashterds" because you know you own qbid, everyone knows it so shut up and just buy more shares. ok thanks. Im ready for more news now lets goo Q! oh hey, last trade: Time Price Shares 9:14:09 0.0015 1,000,000 9:14:09 0.0015 9,000,000 9:13:05 0.0015 1,000,000
One thing I am going to confirm or at least some one will, is that the 5.5 is subtracted from the 14. I am pretty sure it is but I am going to speak to Richard to confirm that. Standard practices would say yes but because of the way the PR is written,I am sure we would all like clarification. I called Richard 5 times yesterday with not luck. Maybe today. Either way yesterdays PR was nothing less than fantastic news.
quote:Originally posted by pennnies: 4 billion float.
posted
I have been out of the Q loop for several days on buisness, just read the PR about Q, share count, and forward looking statements and all I could think was WOW!. upon completion of this post I will be increasing my sell price for this stock!. I could not be more pleased with what I have just read. good luck to all! Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
pennies, why do you keep pushing this "4 billion float" idea? I'm beginning to think your nothing more than a pumper. 14B non-restricted O/S (the true float) plus 5.5B restricted is 19.5B outstanding shares, and that represents only 47% of the company. Frank eliminated his outstanding shares so they are not included in the 19.5B (from the August 2 PR: " "We converted QBID shares into preferred stock, eliminating fifty-three percent of the tradable outstanding shares.") And besides, a 5 billion dollar company will not be divided among the "float", it's divided among all the issued stock of all classes. I'd say that there is an equivalent of 19.5B divided by 47%, or 41.5B to spread that 5 billion over. That's still about 12 cents a share.
quote:Originally posted by pennnies: 4 billion float.
Sell in five years for 5 billion.
We get over a dollar a share!
-------------------- The opinions expressed here by myself and others should be taken for what they are: opinions. Beware, many express opinion as fact. Do your own research from reputable sources and never invest more than you can afford to loose. ~,-,-< GatorMan Posts: 752 | From: Springville, Utah | Registered: Jan 2004
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posted
Great post, buckwheatbob. The problem is that G-Invest will never let it go. His swollen ego is unable to handle being wrong. Let's watch, shall we? LOL
quote:Originally posted by buckwheatbob: For G-Invest
So I guess we need to sort this out once and for all and put it to rest.
1/ Dilution: Adding to the number of shares outstanding reduces the value of holdings of existing shareholders.
Your info:
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
Yes the share count was increased, but not just for the sake of increasing it as below from yesterday’s PR:
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.
The shareholders gained value from this transaction so it does not replicate the definition dilution as I think and many others agree, you are driving at. I am already aware of this increase that you have mentioned above, but you have been harping on the point that dilution is ongoing. In fact it is not. Q has never been in a better position than it is now.
2/ I am not sure what you are getting at with this statement. He can not trade them so there fore can not dilute them into the market place.
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
Or this one
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 If you are referring to them as positive then yes I agree
3/ As for the math
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.
Here is the definition on how it is worked out
Stock currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public. Shares that have been repurchased by the company are not considered outstanding stock. They are also known as "issued shares" or "issued and outstanding".
Now to correct your math and this is not a pot shot but just a correction
14 billion OS minus the 5.5 billion restricted brings us to 8.5 billion minus Franks 53% (4.51 billion) = 3.99 approx in the float.
Those #’s are derived from yesterday’s PR
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.
Tuesday, August 02, 2005 Q Television Reduces its Tradable Stock by Fifty-Three Percent
PALM SPRINGS, Calif. – August 2, 2005 -- Q TELEVISION NETWORK, (OTCBB Other: QBID), the first 24/7 premium network for the gay and lesbian community, announced today that, in an effort to bring fair value to its trading stock, QBID, Frank Olsen, President, CEO and majority shareholder, has converted all his personal QBID holdings into preferred stock, which makes up 53 % of the total shares.
"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.”
posted
I see the debate on the share count rages on!. at this point it matters little to me who is right and who is wrong, in either scenario Q is worth alot more than it`s trading at. in scenario A it`s worth around 01 - 06 NOW! in scenario B it`s worth around 003 - 015 NOW!. I will not explain my math as these are my opinions only. and within the next 12 months both scenarios would give an increased value buy a factor of 10. this is incredibly good news ( the PR ) as far as i am concerned, as i said i will not explain my math as i have no desire to enter into this ongoing debate,I will however make a recomendation I have never made for any stock on these boards publicly before and that is, the time to buy is NOW!. good luck with YOUR decision!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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quote:Originally posted by madmoney: I see the debate on the share count rages on!. at this point it matters little to me who is right and who is wrong, in either scenario Q is worth alot more than it`s trading at. in scenario A it`s worth around 01 - 06 NOW! in scenario B it`s worth around 003 - 015 NOW!. I will not explain my math as these are my opinions only. and within the next 12 months both scenarios would give an increased value buy a factor of 10. this is incredibly good news ( the PR ) as far as i am concerned, as i said i will not explain my math as i have no desire to enter into this ongoing debate,I will however make a recomendation I have never made for any stock on these boards publicly before and that is, the time to buy is NOW!. good luck with YOUR decision!
quote:Originally posted by GatorMan: pennies, why do you keep pushing this "4 billion float" idea? I'm beginning to think your nothing more than a pumper. 14B non-restricted O/S (the true float) plus 5.5B restricted is 19.5B outstanding shares, and that represents only 47% of the company. Frank eliminated his outstanding shares so they are not included in the 19.5B (from the August 2 PR: " "We converted QBID shares into preferred stock, eliminating fifty-three percent of the tradable outstanding shares.") And besides, a 5 billion dollar company will not be divided among the "float", it's divided among all the issued stock of all classes. I'd say that there is an equivalent of 19.5B divided by 47%, or 41.5B to spread that 5 billion over. That's still about 12 cents a share.
quote:Originally posted by pennnies: 4 billion float.
Sell in five years for 5 billion.
We get over a dollar a share!
Because I have done the math which I know is right and others have come to the same number! I know what I am talking about.
The float is 4 billion!
Posts: 1313 | From: Florida | Registered: Jun 2005
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Either you find out from the source, as in call them, or you dont. Arguing back and forth amongst each other is a silly waste of time. I for one am secure in my decisions and do not need further clarification either way.
Dont get me wrong. I am all for full disclosure and getting answers to the unanswered or the misconstrued but beating up each other on this board accomplishes nothing to that end.
"Never argue with an idiot, they will just bring you down to their level and beat you with experience."
Posts: 482 | From: Arizona | Registered: Mar 2005
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posted
Hey, I've got better things to do than carry on a debate, and the total O/S being 14B or 19.5B is certainly debatable (it seems pink sheets PRs are carefully crafted to be ambiguous). But I just don't see how people can make such wild-a$$ claims. It's either stupidity (and I don't think pennies is stupid), pumping, or optimism in the extreme (probably the case here). In any event, it tends to give people unreal expectations and as much as I'd recommend this stock I'd hate to see someone buy thinking there is only a 4B float. My advise to O/S calculation is always error on the side of caution if there is any doubt. And I think there is a lot of doubt given the sketchiness of these PRs.
BTW, I have written investor relations for clarification on the O/S issue and if I ever hear back I'll post. Other than that I'll try to let my previous post stand and say no more on the subject (unless new information becomes available). But I must have pissed somebody off because my rating just dropped!
-------------------- The opinions expressed here by myself and others should be taken for what they are: opinions. Beware, many express opinion as fact. Do your own research from reputable sources and never invest more than you can afford to loose. ~,-,-< GatorMan Posts: 752 | From: Springville, Utah | Registered: Jan 2004
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quote:Originally posted by pennnies: Because I have done the math which I know is right and others have come to the same number! I know what I am talking about.
The float is 4 billion!
Can you show me the math, or show me where you posted it? I'd love to see it.
-------------------- The opinions expressed here by myself and others should be taken for what they are: opinions. Beware, many express opinion as fact. Do your own research from reputable sources and never invest more than you can afford to loose. ~,-,-< GatorMan Posts: 752 | From: Springville, Utah | Registered: Jan 2004
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posted
Gatorman I added stars to hopefully offset the downgrade some. Some around here do start throwing the 1s at you just because you disagreed with them.
I have no problem with people that seek the truth - please post if you do get an answer or clarification from Q.
Posts: 482 | From: Arizona | Registered: Mar 2005
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The language in the PR is cloudy, saying 14 bil outstanding AND 5 1/2 bil restricted ...
It sounds like a way of trying to cloud the fact that 'outstanding shares' includes restricted, therefore covering up 19 bil o/s.
EITHER WAY:
THIS STOCK IS UNDERVALUED.
So as soon as someone gets a response from Q on a clarification of their language, post away, post away, post away.
Posts: 412 | From: NYC | Registered: Aug 2005
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posted
I think the star rating system is meaningless. That's why I hand 'em out like candy! Posts: 3243 | From: California | Registered: Jul 2005
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quote:Originally posted by Ligge: Gatorman I added stars to hopefully offset the downgrade some. Some around here do start throwing the 1s at you just because you disagreed with them.
I have no problem with people that seek the truth - please post if you do get an answer or clarification from Q.
Liggie, I had to give you 5 *'s for your rational thinking and desire to seek the answers.
Gator, I gave you 5 as well. To discuss and seek clarification is all part of DD and a requirement to better the odds in making $$$$
-------------------- A day without dreams is just a nightmare! Posts: 1702 | From: Michigan | Registered: Oct 2003
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