quote:Originally posted by Wangdo: BuckWheatBob..here's the response from UCR
Date: Tue, 30 Aug 2005 08:17:28 -0700 From: "Dale Masterson" <dale.masterson@ucr.edu> Add to Address Book Subject: Re: Bio info To: "K" <******@yahoo.com>
I used the bio that was provided to me by his company (Q Television). They are located in Palm Springs if you want to contact them directly.
Dale
---- Original message ---- >Date: Mon, 29 Aug 2005 19:29:53 -0700 (PDT) >From: K <******@yahoo.com> >Subject: Bio info >To: dale.masterson@ucr.edu > > Mr. Masterson > > Can you tell me how and where you get your info > for the speakers bio's. I am interested in Frank > Olsen President\CEO of Q Television Network Bio, he > was supposed to speak there June 1st. Could you > please send me all references to his Bio so that I > might be able to do research on his background in > the broadcasting industry. > > I would really appreciate any help you can give me > in getting this info. > > Thank you for your time. > > K > > ------------------------------------------------ > > Start your day with Yahoo! - make it your home page Dale Masterson Director Student Orientation & Involvement University of California, Riverside 145 Costo Hall Riverside, CA 92521 951.827.3018 951.827.2439 (fax)
quote:Originally posted by buckwheatbob: Thank you very much.
quote:Originally posted by Wangdo: BWBob, i have just shot off an email to UCR where the reference to Frank selling a cable station came from. i asked them to send me the info on how and where they got that info.
quote:Originally posted by buckwheatbob: An excellent post which is also posted on Matts site but I think Stashu is more interested in causing problems than he is in the info, but thank you for posting this.
quote:Originally posted by pennypoor: Sorry my post was vague I have been following this board for a few months and have seen much of the discussion with people saying frank is holing it down, or the mm's, or the day traders or santa claus holding it down to, what i meant was does anyone see any particular MM activity today that was holding it down today.
I really thought the PR yesterday would have calmed some of the bickering that we see here it appears it only fueled, I fear what may happen when the official audit is released, will it be full scale assaults of insults? I just hope we all get to make some money here and are able to get the financial boost that we see as possible.
Frank has stated that his goal is to move off the pinks and be fully reporting. When that happens, all the bickering will stop as the SEC will have all the information prepared to be understandable and published for the public.
-------------------- A day without dreams is just a nightmare! Posts: 1702 | From: Michigan | Registered: Oct 2003
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Every trade at my account level at least -- I know they have different combinations of monthly fee and comission, and I can't remember which one I chose, except I don't pay anything a month and get trades for $7.99
Posts: 797 | From: Phoenix | Registered: Jul 2005
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quote:Originally posted by Dustin J.: How fast are your penny stock orders usually executed? Do you specify an upper and a lower limit and they get you what they can?
Let's move to pm .. should have done it sooner - sorry guys. Will PM you in a sec...
Posts: 797 | From: Phoenix | Registered: Jul 2005
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quote: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?
Yes, yes, this is a great list and I respect and thank whizknock for bringing it to us.
This a list of questions for investing in a company AFTER they are off the Pinks, however. You can feel real good about a Pink sheet stock and still have it bite you in the ass. I think there are far too many saavy investors here to think that valuation of a company rests on PRs alone.
The company does have to have a product or service, and they do need to be making money and not just spending it. QBID is starting to. Even I understand that. I am, however, going to continue to hammer the point that everyone here was so upset that I spoke of dilution despite the evidence. 4art and buckwheatbob even argued AGAINST dilution. That is not and was not the case.
quote: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....
The answer is C. There were, up until Frank removed his 53% of the OS, about 30 billion shares outstanding. I had postulated that the actual share count was around 48 or 49 based on the limit (authorized shares) of 50 billion, and that Frank *had* to convert those shares to prefferred stock in order to continue diluting.
I overestimated. IMHO, Frank has done us a great service by being honest and this might be a sign of him backing off the crazy dilution. I'd like to see him promise not to dilute further, however. If his production costs were cut by 70% like the studio PR indicated, then it might be we are starting to see QBID turn around financially.
In other words, I'm optimistic, but I'm still probably going to sell a portion of my holdings on the next run like I always do. I own enough of this stock that I feel obligated to take profits when the MMs do.
quote:So you guys that are sitting at a average of .0016-.0019...
I understand it bothers people that intelligent investors have been making money buying on the dips and selling on the peaks, but this stock has a long-term downward trend. After this next run I will have officially *made* money on QBID using this method, and will probably continue to into the long-term trend reversal, where I will be accumulating more and more.
quote:I wonder why the Verizon name keeps poping up with Q Televison
I agree, this is pretty cool and hope it turns into something big.
quote:It was also pointed out that an increase in the OS was due acquisitions and strictly used for growth for Q
Thanks for acknowleging the dilution. I won't bother you on this issue anymore. And you're right, dilution was done strictly for purchasing what Frank considers tangible assets. The studio was a great purchase. Any purchase where they can cut costs is great. But I'm still a bit concerned with how some of the money tends to be squandered on parties.
I understand the importance of establishing themselves, however, and as long as Q's debt is minimal when the full audit comes out, I will praise the dilution as a "great thing". Until then, we need to be cautious of a CEO that doesn't hesitate to dilute and won't comment on why when he does. That's all I'm asking.
quote:Great post - sounds to me like you tell it like it is, not like the pumpers want you to tell it.
I don't really think of posters as pumpers and bashers. I mean, I realize people want to think of it that way, but it just seems so pathetic to have one account for "bashing" and another account for "pumping". I have one account for "speaking my mind" about what I like and hate about QBID.
quote:man! Now g-invest is next.. Then maybe JUST maybe we will turn U4!!!!!!!
Hah. I did find it funny shlik is buying more, but this audit PR info is what he wanted to see. Remember that he's owned stock (like me) for some time now. I've always owned stock while I've posted here, in fact. If I ever completely sell, I'll probably leave the forums altogether.
Right now is interesting times, and if we see a trend reversal, that a good thing.
quote: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.
I did say that, and I was wrong. It was not that high. With the restricted shares even, it's not that high. That's why I'm happy to be a QBID stockholder. This is extremely undervalued. There was, however, 10.5 billion in dilution (used to buy tangible assets, which is great) and I continually got resistance on this issue.
I have been closed-minded about some things, but they are things that someone would have no business believing otherwise. We may see the stock skyrocket from here as Frank stops diluting. Or we could see it fall again. If it falls, it's dilution yet again. If it rises, it means dilution has stopped and the trend reversal has begun.
quote:My 'warhoops' died down quickly! Someone pissed in my cheerios!! When QBID goes to the moon, I have realized there is still going to be the naysayers, the knitpickers, the whiners...cos there is no way to satisfy them.
Even a "basher" would have to look at this PR and say, "God, I had no idea things were that good." Frank did a good thing. Yes, there was dilution, but QBID really is undervalued, which is why Frank released the O/S count. It shows that he did dilute, but that's nothing when it shows that he's turning up revenues because of it. The only reason I'm harping the dilution issue is because so many people on here said I had no proof and that it couldn't be true. Now we know it is true, but wasn't nearly as bad as I and others thought.
quote:The PR said that there were around 14 billion shares. Now, some of you are saying there around 19 billion shares? Which one is it? If it is 19 billion, where did you get this number from? TIA!
14 billion is the O/S, 5 billion is the restricted shares (with a timeline of 3 to 5 years). I think some people have been adding the 5 billion to get the total O/S, which is correct if I'm reading the PR right. Frank will probably start doing some heavy buybacks around March or April of this next year as QBID begins to turn a profit. He will do it very quietly however, so that the PPS doesn't move up till he's done.
If he finishes the audit immediately and gets it sent to the SEC, we might see a move to a new exchange before then, but I find that unlikely till he's comfortable with the O/S.
quote:NOTE : The restricted share is ALWAYS in the o/s.
I believe this is correct using the standard definition of o/s, we might need Frank or Richard to confirm on the investor relations page cause the PR is kind of confusing about that.
quote: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.
If that is the case, I'd like to see the PR. I couldn't find it, but I've seen Matt's page about the outstanding share theory several times before. The only problem is that he's off by a bit if you include that Frank removed his 53%. Maybe the dilution amount was closer to 4.5 billion instead, I don't know, but the outstanding share count theory from that webpage does not account for Frank having taken his shares off the market.
I'm perfectly willing to admit I made a mistake, I just never remembered Frank stating the O/S any time after February 2004 till yesterday.
quote: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.
The shareholders did not gain value. Dilution is used strictly for the raising of cash so that purchases can be made and money can be spent: on studios in some cases, parties in others. It's not the fact that Frank was diluting that bothered me as much as it was what he was spending the money on. Some things were great purchases, others weren't.
quote: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.
That's not what the point was, the point was to state that the O/S had risen to a whopping 30 billion or so before Frank removed his 53%, making the final O/S 14 billion. Before, when people thought the O/S was 8 billion, people used the argument that since Frank owned half the O/S was only 4 billion. THAT IS NOT THE CASE ANYMORE. It's quite clear that dilution has happened. No trickery of the definition is going to save you on that point.
quote: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.
Frank does not still have outstanding stock. You cannot count preferred stock as outstanding regular stock. No investor or even junior investor at any firm would ever fall for that assumption. The float for QBID is simply O/S - R/S. I'm a bit confused on what the O/S actually is due to Frank's wording the PR, but it is either 14 billion or 19 billion. I went with the smaller # for the sake of argument.
The float is not 5 billion. Please do not confuse potentially new investors like that. It's either about 9 billion or 14 billion. Only Frank can clear that up for us.
quote: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.
Gator is entirely correct.
quote:The problem is that G-Invest will never let it go. His swollen ego is unable to handle being wrong.
Seriously, WTF is your problem? I admitted I was wrong about the O/S being 22 billion, but I ABSOLUTELY DO NOT back down from the dilution argument. Even when you have Frank confirming in a PR that dilution happened you still think I have an ego?
Where on here have either you or buckwheat or even pennies admitted to being wrong? You're like Frank's three stooges, or three lapdogs. He tells you to sit and you sit.
quote: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.
If what Penny-Trader said is true, it's probably actually worth about .0085 to .015. He brought up something I hadn't thought about, which is that Frank said this earlier and told us about diluting for the Gay Games. I can't find that, but if someone could it'd be nice.
quote: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.
It would be deceitful to state the float is only 4 billion. I would highly advise potential investors NOT invest based on the claims of some pumpers. That kind of statement is blatantly false and assumes the restricted stock is part of the 14 billion, which is likely is not. Also, that statement assumes the preferred stock is part of the outstanding stock, which is ABSOLUTELY NOT TRUE.
-------------------- 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: When that happens, all the bickering will stop
Ah- HA HA HA HA HA
Stop it -- my side is hurting!
Now THAT is funny
mrgr8avill, yea I guess that is kinda funny. But, at least we can put a value on the company for what it has. And the debate can continue on what potential it has or has not.
-------------------- A day without dreams is just a nightmare! Posts: 1702 | From: Michigan | Registered: Oct 2003
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If Qtv completely fails, shuts down, throws in the towel, closes it's doors, and pays out it's remaining liquidated assets.... then.... it's still worth more that the current PPS! Do people not read the news?? wtf is going on with the downtick to .0015?
Posts: 237 | From: Boulder, CO | Registered: Jun 2005
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quote:Originally posted by Dustin J.: Hey guys, I'm kinda new to this but have been reading alot. Interested on getting in on Qbid I'm mainly interested in what brokers you guys use. I can't decide what broker I want to use. Mainly interested in trading penny stocks. What do you guys suggest?
I use ChoiceTrade, only $5 per trade, no hidden fees. I haven't had any problems w/them.
Posts: 72 | From: fla | Registered: Jul 2005
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You haven't seen a real shake till the PPS drops like .0003 points from open in the span of 5 minutes causing panic sells. Sometime this week I guarantee it'll happen to catch those that set stop losses.
-------------------- 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:Originally posted by Aquapurity: So let me get this straight...
If Qtv completely fails, shuts down, throws in the towel, closes it's doors, and pays out it's remaining liquidated assets.... then.... it's still worth more that the current PPS! Do people not read the news?? wtf is going on with the downtick to .0015?
The info in the PR is un-audited. Given the history of pinksheets in general I'm not surprised that people are being cautious.
-------------------- 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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What kind of timetable are we looking at to have completed financials submitted to the SEC? Any ideas?
quote:Originally posted by GatorMan:
quote:Originally posted by Aquapurity: So let me get this straight...
If Qtv completely fails, shuts down, throws in the towel, closes it's doors, and pays out it's remaining liquidated assets.... then.... it's still worth more that the current PPS! Do people not read the news?? wtf is going on with the downtick to .0015?
The info in the PR is un-audited. Given the history of pinksheets in general I'm not surprised that people are being cautious.
Posts: 237 | From: Boulder, CO | Registered: Jun 2005
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why cant people see that there was dilution, but for a good reason. its not rocket science here. everyone wants to do a calculus problem on something that is plain and simple. this is not CMKX dilution we are talking about.
frank sold shares to raise capital to expand the company for accelerated growth. in the end this WILL benefit us. you daytraders are a different breed you know that? this is not CMKX dilution we are talking about.
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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quote:Originally posted by mrgr8avill: Gonna go out on a limb here -- good post, G...
-------------------- Sometimes the poorest man leaves his children the richest inheritance. Posts: 804 | From: Woodbridge, Va | Registered: Aug 2005
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I've placed a limit buy order in anticipation of the big shake.
quote:Originally posted by g-invest: You haven't seen a real shake till the PPS drops like .0003 points from open in the span of 5 minutes causing panic sells. Sometime this week I guarantee it'll happen to catch those that set stop losses.
You haven't seen a real shake till the PPS drops like .0003 points from open in the span of 5 minutes causing panic sells. Sometime this week I guarantee it'll happen to catch those that set stop losses.
Posts: 237 | From: Boulder, CO | Registered: Jun 2005
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posted
Wall Street News Alert: CYHD, Tuesdays Stock to Watch! August 30, 2005
By M2 Last Update: 8/30/2005 8:42:48 AM Data provided by
Weston, FLA., Aug 30, 2005 (M2 PRESSWIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: Cyberhand Technologies International, Inc. (CYHD), Eternal Technologies Group, Inc. (ETLT), Q Television Network (QBID), AmeriChip International, Inc. (ACHI) and Novavax, Inc. (NVAX).
Posts: 59 | From: Illinois | Registered: Jan 2005
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What's up with Ludlow?? They should get their butts off their hands and give us some exposure.
Posts: 797 | From: Phoenix | Registered: Jul 2005
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quote:Originally posted by Aquapurity: What kind of timetable are we looking at to have completed financials submitted to the SEC? Any ideas?
quote:Originally posted by GatorMan:
quote:Originally posted by Aquapurity: So let me get this straight...
If Qtv completely fails, shuts down, throws in the towel, closes it's doors, and pays out it's remaining liquidated assets.... then.... it's still worth more that the current PPS! Do people not read the news?? wtf is going on with the downtick to .0015?
The info in the PR is un-audited. Given the history of pinksheets in general I'm not surprised that people are being cautious.
Aquapurity...yesterday, when the PR came out, I was ecstatic, overwhelmed, etc. As the day progressed, I became depressed, almost in tears as people started coming in with all the 'still' negativity. But during a drive home from work yesterday with hubby, Degs, if said something that truly makes since and ONLY TIME WILL TELL. We are ending another quarter and starting a third quarter. He and I now think, just maybe, Frank is waiting for a new quarter to start. It makes sense if you think about it. Why start with the SEC and all the other stuff you have to do when getting started, in the middle or close to an end of dates? I sure hope Degs is right!! Like I have said before, it's a matter of patience. "Good things come to those who wait." Good luck to us all. Robin
Posts: 455 | Registered: Feb 2004
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Now I think that we both respect each others opinion on the dilution issue now that complete fact from both of us are out in the open, I will also agree to let this issue go as I now see where you were going with this. I think in the end we where both right but in a different sense of the word.
One thing I think we can both agree on is the company moving forward in large strides and we will all prosper from it.
quote:Originally posted by g-invest:
quote: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?
Yes, yes, this is a great list and I respect and thank whizknock for bringing it to us.
This a list of questions for investing in a company AFTER they are off the Pinks, however. You can feel real good about a Pink sheet stock and still have it bite you in the ass. I think there are far too many saavy investors here to think that valuation of a company rests on PRs alone.
The company does have to have a product or service, and they do need to be making money and not just spending it. QBID is starting to. Even I understand that. I am, however, going to continue to hammer the point that everyone here was so upset that I spoke of dilution despite the evidence. 4art and buckwheatbob even argued AGAINST dilution. That is not and was not the case.
quote: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....
The answer is C. There were, up until Frank removed his 53% of the OS, about 30 billion shares outstanding. I had postulated that the actual share count was around 48 or 49 based on the limit (authorized shares) of 50 billion, and that Frank *had* to convert those shares to prefferred stock in order to continue diluting.
I overestimated. IMHO, Frank has done us a great service by being honest and this might be a sign of him backing off the crazy dilution. I'd like to see him promise not to dilute further, however. If his production costs were cut by 70% like the studio PR indicated, then it might be we are starting to see QBID turn around financially.
In other words, I'm optimistic, but I'm still probably going to sell a portion of my holdings on the next run like I always do. I own enough of this stock that I feel obligated to take profits when the MMs do.
quote:So you guys that are sitting at a average of .0016-.0019...
I understand it bothers people that intelligent investors have been making money buying on the dips and selling on the peaks, but this stock has a long-term downward trend. After this next run I will have officially *made* money on QBID using this method, and will probably continue to into the long-term trend reversal, where I will be accumulating more and more.
quote:I wonder why the Verizon name keeps poping up with Q Televison
I agree, this is pretty cool and hope it turns into something big.
quote:It was also pointed out that an increase in the OS was due acquisitions and strictly used for growth for Q
Thanks for acknowleging the dilution. I won't bother you on this issue anymore. And you're right, dilution was done strictly for purchasing what Frank considers tangible assets. The studio was a great purchase. Any purchase where they can cut costs is great. But I'm still a bit concerned with how some of the money tends to be squandered on parties.
I understand the importance of establishing themselves, however, and as long as Q's debt is minimal when the full audit comes out, I will praise the dilution as a "great thing". Until then, we need to be cautious of a CEO that doesn't hesitate to dilute and won't comment on why when he does. That's all I'm asking.
quote:Great post - sounds to me like you tell it like it is, not like the pumpers want you to tell it.
I don't really think of posters as pumpers and bashers. I mean, I realize people want to think of it that way, but it just seems so pathetic to have one account for "bashing" and another account for "pumping". I have one account for "speaking my mind" about what I like and hate about QBID.
quote:man! Now g-invest is next.. Then maybe JUST maybe we will turn U4!!!!!!!
Hah. I did find it funny shlik is buying more, but this audit PR info is what he wanted to see. Remember that he's owned stock (like me) for some time now. I've always owned stock while I've posted here, in fact. If I ever completely sell, I'll probably leave the forums altogether.
Right now is interesting times, and if we see a trend reversal, that a good thing.
quote: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.
I did say that, and I was wrong. It was not that high. With the restricted shares even, it's not that high. That's why I'm happy to be a QBID stockholder. This is extremely undervalued. There was, however, 10.5 billion in dilution (used to buy tangible assets, which is great) and I continually got resistance on this issue.
I have been closed-minded about some things, but they are things that someone would have no business believing otherwise. We may see the stock skyrocket from here as Frank stops diluting. Or we could see it fall again. If it falls, it's dilution yet again. If it rises, it means dilution has stopped and the trend reversal has begun.
quote:My 'warhoops' died down quickly! Someone pissed in my cheerios!! When QBID goes to the moon, I have realized there is still going to be the naysayers, the knitpickers, the whiners...cos there is no way to satisfy them.
Even a "basher" would have to look at this PR and say, "God, I had no idea things were that good." Frank did a good thing. Yes, there was dilution, but QBID really is undervalued, which is why Frank released the O/S count. It shows that he did dilute, but that's nothing when it shows that he's turning up revenues because of it. The only reason I'm harping the dilution issue is because so many people on here said I had no proof and that it couldn't be true. Now we know it is true, but wasn't nearly as bad as I and others thought.
quote:The PR said that there were around 14 billion shares. Now, some of you are saying there around 19 billion shares? Which one is it? If it is 19 billion, where did you get this number from? TIA!
14 billion is the O/S, 5 billion is the restricted shares (with a timeline of 3 to 5 years). I think some people have been adding the 5 billion to get the total O/S, which is correct if I'm reading the PR right. Frank will probably start doing some heavy buybacks around March or April of this next year as QBID begins to turn a profit. He will do it very quietly however, so that the PPS doesn't move up till he's done.
If he finishes the audit immediately and gets it sent to the SEC, we might see a move to a new exchange before then, but I find that unlikely till he's comfortable with the O/S.
quote:NOTE : The restricted share is ALWAYS in the o/s.
I believe this is correct using the standard definition of o/s, we might need Frank or Richard to confirm on the investor relations page cause the PR is kind of confusing about that.
quote: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.
If that is the case, I'd like to see the PR. I couldn't find it, but I've seen Matt's page about the outstanding share theory several times before. The only problem is that he's off by a bit if you include that Frank removed his 53%. Maybe the dilution amount was closer to 4.5 billion instead, I don't know, but the outstanding share count theory from that webpage does not account for Frank having taken his shares off the market.
I'm perfectly willing to admit I made a mistake, I just never remembered Frank stating the O/S any time after February 2004 till yesterday.
quote: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.
The shareholders did not gain value. Dilution is used strictly for the raising of cash so that purchases can be made and money can be spent: on studios in some cases, parties in others. It's not the fact that Frank was diluting that bothered me as much as it was what he was spending the money on. Some things were great purchases, others weren't.
quote: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.
That's not what the point was, the point was to state that the O/S had risen to a whopping 30 billion or so before Frank removed his 53%, making the final O/S 14 billion. Before, when people thought the O/S was 8 billion, people used the argument that since Frank owned half the O/S was only 4 billion. THAT IS NOT THE CASE ANYMORE. It's quite clear that dilution has happened. No trickery of the definition is going to save you on that point.
quote: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.
Frank does not still have outstanding stock. You cannot count preferred stock as outstanding regular stock. No investor or even junior investor at any firm would ever fall for that assumption. The float for QBID is simply O/S - R/S. I'm a bit confused on what the O/S actually is due to Frank's wording the PR, but it is either 14 billion or 19 billion. I went with the smaller # for the sake of argument.
The float is not 5 billion. Please do not confuse potentially new investors like that. It's either about 9 billion or 14 billion. Only Frank can clear that up for us.
quote: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.
Gator is entirely correct.
quote:The problem is that G-Invest will never let it go. His swollen ego is unable to handle being wrong.
Seriously, WTF is your problem? I admitted I was wrong about the O/S being 22 billion, but I ABSOLUTELY DO NOT back down from the dilution argument. Even when you have Frank confirming in a PR that dilution happened you still think I have an ego?
Where on here have either you or buckwheat or even pennies admitted to being wrong? You're like Frank's three stooges, or three lapdogs. He tells you to sit and you sit.
quote: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.
If what Penny-Trader said is true, it's probably actually worth about .0085 to .015. He brought up something I hadn't thought about, which is that Frank said this earlier and told us about diluting for the Gay Games. I can't find that, but if someone could it'd be nice.
quote: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.
It would be deceitful to state the float is only 4 billion. I would highly advise potential investors NOT invest based on the claims of some pumpers. That kind of statement is blatantly false and assumes the restricted stock is part of the 14 billion, which is likely is not. Also, that statement assumes the preferred stock is part of the outstanding stock, which is ABSOLUTELY NOT TRUE.
posted
Yes that was a good post on g-invests part. But none of you are sure or not on if franks shares were counted in the 14 billion or not. I beluieve they were and have been dealing with these issues for a logntime with other stocks. So how can u call my guess of 4 billion float when you say it is 9 billion. If I don't know how can you??
I believe none of us will know for sure until the audit is signed.
Which my guess is soon since they have that info they pr'ed. Might just be Q has to look over it and then they all sign off.
Well I took the test. and OMG...now I am wondering if hubby really loves me, if there is an actual chance for rain today, if the chicken layed out for supper is safe to eat, if all the expirations on labels are true...think I'll just stay in bed tomorrow!! Posts: 455 | Registered: Feb 2004
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posted
Aug 30, 2005 (M2 PRESSWIRE via COMTEX) -- MicrocapAlliance.com announces its Hot Stock List: (QBID)Triangle Multi-Media Ltd Inc., (OTC:BB:ZENX) Zenex Intl Inc., (OTC:BB:ACHI) Americhip International, Inc. (QBID)Triangle Multi-Media Ltd Inc, Last .0015, +.0002.
Today the company announced, "We are pleased with our year over year growth, our revenues have grown more than one hundred percent since Q1, 2004, our subscriber base has grown by three hundred percent in twelve months, our sponsorship will grow a staggering fifteen hundred percent in eleven months and our carriage expansion and visibility has far outpaced the industry standard," said Frank Olsen, President, CEO and Founder of Q Television Network. "We, as a company, felt with Q Television's one-year anniversary upon us, we would detail our accomplishments and projections going forward to investors and the markets."
Posts: 59 | From: Illinois | Registered: Jan 2005
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posted
Pennies, I hope you are right, but I also don't understand HOW they could include Frank's shares in the 14 bil. Preferred shares have their own O/S share count. It would make just as much sense to me that his shares are NOT included in the 14 bil as it did to me that the O/S count WAS 14 and NOT 19.5 because of the way things are set up in the financial world. I sure hope you are correct though, b/c I will make more money
quote:Originally posted by pennnies: Yes that was a good post on g-invests part. But none of you are sure or not on if franks shares were counted in the 14 billion or not. I beluieve they were and have been dealing with these issues for a logntime with other stocks. So how can u call my guess of 4 billion float when you say it is 9 billion. If I don't know how can you??
I believe none of us will know for sure until the audit is signed.
Which my guess is soon since they have that info they pr'ed. Might just be Q has to look over it and then they all sign off.
GLTA!
-------------------- Still holding, Still waiting, ...
Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :) Posts: 621 | Registered: Jun 2005
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quote:Originally posted by mrgr8avill: Just glad to see everyone in a star-throwing frenzy today! Hopefully we are all going to get along a little better now, and drop the negative vibe. Although everyone is arguing about what Q should be worth -- we need to step back for a moment and realize that everyone is arguing different positive numbers. That, if anything, should at least inject some levity into the debate, should it not?
DING DING DING
WE HAVE A WINNER!!!
Posts: 482 | From: Arizona | Registered: Mar 2005
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