posted
Ok. Once again! You all are absolutely ridiculous! This stock is swinging just like any other stock. It goes up to .002 or .0019 then back down to .0010, what is the freaking problem? Do you really believe that you all hold enough weight for a law suit? On what grounds? You invested in a company and as you know every broker has you sign papers acknowledging the risks and you invested anyway. Now live with it. Oh and day traders make their money in the best way the know how, as do swing and position traders. They are some of the smartest investors in THE WORLD! If you have the ability to pick stocks and make that much money on a daily occurence then you got something worth more talent than Jordan. Pure speculation (which is exactly what you all are doing here) is the riskiest way to invest. You had no reason to invest into this company and now you are stuck to talking about law suits? Get real. You all are incredible.
-------------------- Sometimes you gotta create what you want to be a part of. - Geri Weitzman Posts: 40 | From: Macon, GA | Registered: Aug 2005
| IP: Logged |
quote:Originally posted by Doctoall: Investor Information 9/15/2005 - For Shareholders
Dear Shareholders,
Thank you for your letters. I’m aware of your concerns regarding our current share price and I would not say the drop in stock is entirely due to market manipulation, but we have seen certain instances where market makers will sit on the ask absorbing many shares and our investigation in attempting to uncover where that inventory is coming from. I also think some of the drop is a result of lack of awareness and education as to what Q Television Network is really doing.
One year ago, Triangle Multi Media was a shell with great plans and approximately 91/2 billion shares outstanding. With restricted shares committed against the Gay Games, films, contracts, stock bonuses, etc. the outstanding shares are now 19.5 billion, but only 14 billion are actually in the float as the rest are long-term restricted shares. This has allowed us to buy production studios in Burbank, California worth $25 million, a film library worth $2 billion - I’m aware it’s difficult to wrap your arms around a figure that high for our library, but the value of a library is for an indefinite amount of time and is calculated by monthly rental revenue and the high turnover each movie gets from different networks leasing them out. An easy example of this would be one of our many thousand of movies will be leased out for roughly $25,000 dollars and can be viewed 17 times. Now, our library has over 2000 films that again, will continuously generate these dollar amounts for many, many years. It has allowed us to do 1,000 hours of original programming which bring in $400,000 per year over the next 10 years and has bought us the rights to the Gay Games. Further, it has put us on RCN, Time Warner and Cox Cable. We are currently attempting to buy a teleport which will bring in $300,000 to $400,000 per month forever. If we purchase the teleport it will increase our outstanding share count to roughly 23 billion through restricted stock given as payment, but please understand in the end, this will produce a company powerful enough to compete with major networks and only increase your value in QBID.
So, ultimately, we are going to be a teleport, a production company, a gay television network and voice for the GLBT community – and more. I believe that as we continue to announce what we are doing, the stock will go up. We currently have an appraised market cap of $150-$200 million and we are trading way below that cap, we have recently been offered a nine digit figure for our company and tangible assets of over $1,000,100,000. This is not bad for a company that started with nothing.
It is my intention to put all of this information on a DVD that will be available in the near future. I believe that education and information about Q Television Network’s activities and progress will be key in helping to raise the stock price and increase overall awareness of Q Television Network.
I understand as a shareholder that the growth phase of a company can be difficult, but numbers do not lie and we are building a company that will have a street value of more than a billion dollars. We appreciate and would never take for granted our shareholders who have helped us get here, but what everyone needs to understand is we are growing and all the dollars, stock, etc. put into the company is being done strictly with the growth of the company and success of the shareholders in mind.
We will begin very shortly with a new page on the website outlining our financials, specific breakdowns of deals we have put into place and all necessary information the shareholders should view. This will outline our accomplishments and will aide you in mapping our future plans of becoming the most powerful GLBT network in the world.
posted
"We will begin very shortly with a new page on the website outlining our financials, specific breakdowns of deals we have put into place and all necessary information the shareholders should view. This will outline our accomplishments and will aide you in mapping our future plans of becoming the most powerful GLBT network in the world."
Thanks frank, but you should get it done NOW! Man so that was a pretty big slip up on franks part to get that previous letter out. dont think this will do much in the way of help the pps at all.
Posts: 2794 | From: nyc | Registered: Aug 2005
| IP: Logged |
posted
Nice letter Frankie Boy. But not one mention about the "Completed Audit" or "Exchange Move". You dropped the ball again.
Posts: 1637 | Registered: Apr 2004
| IP: Logged |
posted
If anything this letter stopped the bleeding. Now get the audit out to heal that scab!
Posts: 1313 | From: Florida | Registered: Jun 2005
| IP: Logged |
posted
So if we do get the teleport company our O/S will be 23 billion. Now without adding value to our company after buying the teleport company and saying we are still only worth 200 million. We should be trading at just under a penny at .0086. Keep in mind though if we own the teleport company we will be worth more then 200 million. So either way we will be trading near or above a penny!!!!
Try and dissprove that g-invest!!!
Posts: 1313 | From: Florida | Registered: Jun 2005
| IP: Logged |
posted
In the Aug PR, Frank statesd we had an 8 figure offer, now he states we have have a 9 figure offer...Not sure what to think of this. Also the O/S will be 23 Bill after purchase of teleport. So we are paying 4.5 Bill shares for it - will this be restricted?
Posts: 1124 | From: DC/VA | Registered: Jul 2005
| IP: Logged |
quote:Originally posted by Dew-it: In the Aug PR, Frank statesd we had an 8 figure offer, now he states we have have a 9 figure offer...Not sure what to think of this. Also the O/S will be 23 Bill after purchase of teleport. So we are paying 4.5 Bill shares for it - will this be restricted?
re-read - shares will be restricted. Just answered my own question.
Posts: 1124 | From: DC/VA | Registered: Jul 2005
| IP: Logged |
quote:Originally posted by pennnies: Depending on how the day goes tomorrow and after talking to richard I have decided to sell all my shares.
We are going below .0009 and I have no reason to hold my postion until the audit is final and released. I have been with QBID for over a year, but this is the last straw. GLT!!!
Peace!
glad your still on board pennies
-------------------- Sometimes the poorest man leaves his children the richest inheritance. Posts: 804 | From: Woodbridge, Va | Registered: Aug 2005
| IP: Logged |
posted
Ok, so we purchase the teleport and the entire O/S will be 23B. And if the A/S is 50B, that means Frank has 27B (54%) controlling interest. If this is the case and Frank wants to maintain controlling interest...at this point he can only afford to sell 3B, otherwise he will no longer be controlling interest. So I hope is done selling. As mentioned yesterday, I also hope he does not increase the A/S any further, otherwise we will be screwed. If the A/S is not increase any further and my math/theory is correct. WE MUST BE AT BOTTOM and the PPS should not go any lower-not mention current Q assets.
Posts: 1124 | From: DC/VA | Registered: Jul 2005
| IP: Logged |
quote:Originally posted by pennnies: Depending on how the day goes tomorrow and after talking to richard I have decided to sell all my shares.
We are going below .0009 and I have no reason to hold my postion until the audit is final and released. I have been with QBID for over a year, but this is the last straw. GLT!!!
Peace!
glad your still on board pennies
After this letter I am back.. No diluting going on. I can stand the O/S to jump to 23 b if we are buying something worth the money!
Dew-it I really am not worried about that. After this letter I really believe Frank is doing good and after we get the teleport company he will be ready to roll.... Remember December we will be available in 17 million homes!! Only means we have some big deals in the works!
Posts: 1313 | From: Florida | Registered: Jun 2005
| IP: Logged |
posted
[/qb][/QUOTE]Remember December we will be available in 17 million homes!! Only means we have some big deals in the works! [/QB][/QUOTE]
quote:Originally posted by kybowhunter:
quote:Originally posted by kybowhunter: maybe frank will sacrifice the share value a bit longer just to build up the projects/plans for the next level of business or market share just like ceo Kobi did with itgj...make sense?
lol, pennies
-------------------- QBID 3,000,000 LONG Posts: 126 | From: Derby City | Registered: Aug 2005
| IP: Logged |
posted
Audit Frank? We want the freaken audit done, now, not 5 months from now. He had to write that letter because I am sure they got tons of letters from people who are upset, and going nuts, like me. This will not do a thing to the pps, it only is to keep us grounded, if you will. The end product is what counts, even if the pps drops lower. The audit and BIG carrier news is all that will help the pps at this point, just like last month, and the months before that.
Dave
Posts: 263 | From: Illinois | Registered: Mar 2004
| IP: Logged |
-------------------- Sometimes the poorest man leaves his children the richest inheritance. Posts: 804 | From: Woodbridge, Va | Registered: Aug 2005
| IP: Logged |
quote:Originally posted by Dew-it: And if the A/S is 50B, that means Frank has 27B (54%) controlling interest.
Dew-it: Please do not comment until you have done your DD, Frank no longer owns any common stock. He owns preferred stock which is a whole other animal.
All Frank has to do now is state he won't dilute anymore while this stock is under a penny. It's not much to ask.
Or, if he intends to keep diluting, then he needs to complete the audit so we can keep track and know when he does it. It's really that simple.
-------------------- 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
| IP: Logged |
quote:Originally posted by Wangdo: hey dew-it how we lining up
Vol 60.9M (14) X .0011 (11) X .0013
Wangdo - I see you are from Woodbridge. I work in Fairlakes and live in Kingstown/Alex. VA
Posts: 1124 | From: DC/VA | Registered: Jul 2005
| IP: Logged |
quote:Originally posted by Wangdo: hey dew-it how we lining up
Vol 60.9M (14) X .0011 (11) X .0013
Wangdo - I see you are from Woodbridge. I work in Fairlakes and live in Kingstown/Alex. VA
that's not a good commute. i go up 95 to springfield
-------------------- Sometimes the poorest man leaves his children the richest inheritance. Posts: 804 | From: Woodbridge, Va | Registered: Aug 2005
| IP: Logged |
posted
Hello all I've been looking to get in QBID for about 3 weeks now, but everytime I look at charts, PR's, message boards, etc it just seems to me Frank is full of **** (and judging by his picture he looks like a crook). Now I'm no PRO at investing (I'm just starting) and like PENNYTRADER I do HVAC for a living. These stocks remind me of the customer who wants to keep his 15 yr old A/C Running like new. Perhaps the customer who did the proper maintance on it "might" be able to keep it running if the right Tech worked on it. Now what Frank reminds me of, is the lazy technician who would be doing the maintance and neglecting to do the right maintance on the unit, and then when **** starts to hit the fan he runs to the customer and gives the Bull **** PR and then the customer who so importantly needs to keep the unit online winds up believing him only to keep pumping money into trying to keep it online untill they can schedule chaning out the unit.
PENNYTRADER - "To me" Frank is like the tech who jumps out the LP control and leaves it that way. Then poof, either a leak occurs or the TX power element goes and then you wind up changing the compressor and doing a burnout clean up too.
But for everybody who invested thier hard earned $$$$ into QBID I hope your dreams come true. TO me this looked like a great thing also and I was hoping to plunge in there and make some money, But Thank God I had to wait a certain amount of business days for my funds to clear. Like I said I'm no pro in investing but I can count and all I see is "-" instead of "+" where ever i look at this.
Peace out
Just my opinion
Posts: 4 | Registered: Sep 2005
| IP: Logged |
posted
not to worry, my fellow investors. how many more downticks can it go? we are all protected by frankie. another 10 ticks south, our investments are very safe cuz it cannot go down further. A sour taste of pink !!!
Posts: 734 | Registered: Sep 2004
| IP: Logged |
posted
You only lose if you sell or the company goes belly up. The company is looking stronger than ever, and I'm not selling.
Makes for a happy combo. Want fries with that?
quote:Originally posted by tqn: not to worry, my fellow investors. how many more downticks can it go? we are all protected by frankie. another 10 ticks south, our investments are very safe cuz it cannot go down further. A sour taste of pink !!!
quote:Originally posted by 4Art: You only lose if you sell or the company goes belly up. The company is looking stronger than ever, and I'm not selling.
Makes for a happy combo. Want fries with that?
quote:Originally posted by tqn: not to worry, my fellow investors. how many more downticks can it go? we are all protected by frankie. another 10 ticks south, our investments are very safe cuz it cannot go down further. A sour taste of pink !!!
I agree. It is WAY too late to sell now IMO. I am riding this thing as far down as it will go and then all the way back up. Posts: 1124 | From: DC/VA | Registered: Jul 2005
| IP: Logged |
posted
Well, I guess they have now clarified. My last and final comment is to notice that the current OS is till confirmed at 14.5B, this statement is after the reduction, to current market cap would be based on the equivalent of 30.85B shares common.
If the OS of common shares is increased to 23B, the market cap of the company should be based on the equivalent of 39.5B shares common.
The film library and studio are misrepresented as assets. I'll use the studio as an example:
It might cause an increase in book value by reducing operating expenditures, but it is not an asset that is woth $25million. People don't sell stuff in California at ten-cents on the dollar, and they just paid in the $2's for it.
With tangible assets of $1B, no one would bother making an offer of 10-cents on the dollar or 1 cent on the dollar as reported. Either assets are misreported or the offers are misquoted.
Again, reference to trading below market cap is made, when it is impossible to trade at anything other than market cap.
That is obviously all we are going to get out of them, though -- so that is the best there is. I am saying straight out that this doesn't clarify a thing, and the stated facts step on themselves many times.
I agree that if you want to close your eyes and then come back in a couple of years, then this is a much better PR than the original letter, but it still has a lot of holes and a lot of "higher math" that we just aren't going to get cleared up.
Well, that is all I am going to say on it except in reply to the responses I get, because this is the end of the DD road on this issue, and from here on out we will likely be back to arguing over what is and what is not a "fact." Since I don't think anyone has ever "won" one of those types of arguements on this thread before, I'm just gonna go back to being an anecdotal and cheerleader poster until something else comes out that I think I can be of help to the members on.
Posts: 797 | From: Phoenix | Registered: Jul 2005
| IP: Logged |
Being the steward that I am. I look at the info provided. You only refered to the fathers ony son. My angle on this is that he could have had a brother from his mother with a different father and thus my answer.
There is always many ways to look at a question
And in todays society this is a very rteal possibility. Lol
But I know what you are saying
Rod
quote:Originally posted by Clyde_Crashcup:
quote:Originally posted by Penny-Trader: that would be my uncle on my mothers side.
not to hard there to figure that one out.
lol
quote:Originally posted by Clyde_Crashcup:
quote:Originally posted by Marty: A true Pinksheet stock it is....I agree....great company, great concept, niche market, all the makings of a real company, but still a pink. Now, there are many questions on the board here as to the reality of the situation. Their answers are probably in this riddle: "An irresistable object meets an immovable object. They begin to bicker, and then fight. Who wins?" (Even Colossus couldn't figure it out). Can you?
It has the same answer as this:
Who is your father's only son's brother's uncle's wife's daughter's brother's father's son?
Answer: No-one, an only son cannot have a brother, although they may have a sister.
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
| IP: Logged |
posted
I think you need to learn to read, right after you learn to tell the truth.
Any shares spent were to accumulate assets for the company. Creating a continuous cash flow for a company is a must, but you already know everything so I don't have to explain this. Film Library, Studio, Teleport are all positive revenue generators.
I said before of a comment that Richard made to me, quote from Frank "if there is one thing I know how to do is buy bankrupt companies". He would have told you this but you’re too important to talk to.
Although I was a little skeptical of that statement, I now see it stronger than ever. Anyone who has worked for a large company and has gone through a transformation project or a sell off knows the assembly of a company at the beginning stages will either make it or break it. This is another item you show know as you work for the government in a high end IT position. I am sure I read that some where.
Q although has made a couple of attempts to launch, did just that and Whiz’s quote holds true. All the accomplishments that many said Q would never ascertain, are being accomplished one at a time.
“Rome was not built in a day”
Also the fact that a page on the Q site will be put up in the near future to state parts of deals (some items can be confidential, but you already know this as well with your wealth of knowledge) and other financial activity, says that the audit should be out in the near future.
Although the shareholders are very upset (but not you because you know exactly what you are doing as an outright professional, LOL!) with the present PPS, that letter says more than what is written. For those on this board, such as Black Widow and many others who work in high end industry’s, financial and banking sectors, know exactly what it takes to put a billion dollar company together and know it some times takes several years. Some times when you build something this large and you miss what could be a simple step, you can risk everything coming down.
As for the assistant that released the draft email, I am sure they are having a hard time sitting down today, but I do not believe they should be fired. They are people just like us. I am sure if G is allowed to remain on this board and refuse to correct his lie and refuse to apologize to the Rod and board, then I think we can forgive one poor soul who made a legit mistake.
I might add as well, I believe that mistake has become a partial solution to a problem for the shareholders.
quote:Originally posted by g-invest:
quote:Originally posted by Dew-it: And if the A/S is 50B, that means Frank has 27B (54%) controlling interest.
Dew-it: Please do not comment until you have done your DD, Frank no longer owns any common stock. He owns preferred stock which is a whole other animal.
All Frank has to do now is state he won't dilute anymore while this stock is under a penny. It's not much to ask.
Or, if he intends to keep diluting, then he needs to complete the audit so we can keep track and know when he does it. It's really that simple.
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
![[Roll Eyes]](rolleyes.gif)
Nice letter Frankie Boy. ![[Smile]](smile.gif)
![[Wink]](wink.gif)
![[Cool]](cool.gif)
![[Eek!]](eek.gif)
