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Author Topic: QBID! XXXI,, A Matter of When!
Pincher47
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quote:
Originally posted by Marty:
Some good answers, but no one hit it. The "riddle", is taken from an Isaac Asimov book called The Fall of Colossus, the follow up to Colossus. Without giving away the context of the book, the "riddle" is that all the logic in the world, and all the processing power in the world, will not give you all the answers to every question. With that, I leave you with this:
A logical cube has 6 sides. While looking directly at a cube with your eyes, from any angle, you can never see all sides. Does that mean they don't exist? Is something being hidden from you? Yes. What your eyes can't see. But does it mean it's not there?
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?


Marty I like your thinking but lets try to figure out this triangle before we go after the cube.

--------------------
It will feel better when it stops hurting.

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Marty
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Would that be isosolece or obtuse?
Just kidding... [Wink]
quote:
Originally posted by Pincher47:
quote:
Originally posted by Marty:
Some good answers, but no one hit it. The "riddle", is taken from an Isaac Asimov book called The Fall of Colossus, the follow up to Colossus. Without giving away the context of the book, the "riddle" is that all the logic in the world, and all the processing power in the world, will not give you all the answers to every question. With that, I leave you with this:
A logical cube has 6 sides. While looking directly at a cube with your eyes, from any angle, you can never see all sides. Does that mean they don't exist? Is something being hidden from you? Yes. What your eyes can't see. But does it mean it's not there?
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?


Marty I like your thinking but lets try to figure out this triangle before we go after the cube.


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

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MillerTIME
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MT Chart Time....

http://tinyurl.com/a3fb3

Chart sure has filled in nicely...

Take a look at the bolli bands and where they are located....they are tightening up here and the upper bolli band is lowering down to the .0016 level...the doji that formed today does break through the lower bollinger band, but i would like to see a full candlestick break below that bolli band to have a true reversal....

in regards to the RSI, i would still like to see at candlestick form at .0011 to have the RSI drop to 30....as you see on the chart, this is where Q turns and reverses and the lower the RSI the better the run....the one thing i see different this time is that somebody, be it MM, Frank, or big time trader has accumulated a boatload of stock at these levels and more than likely is going to want to run it up to sell if off at higher prices in the near future...

SAR continues to fall and currently is approaching the .0014 level...this means that a break of .0014 would place a buy point for certain traders...

Full Stoch has bottomed here where it normally does form a bottom at the 20 range...with the full stoch being at the bottom, provides plenty of growth on the way up...

2 straight dojis in the chart which signifes reversal...

overall, Q is finding a bottom and i would like to see some more major accumulation at the .0011 level to allow for a stronger run....

Sell those shares at .0011 so we can run!!!!!ahahhahah

night guys

--------------------
Buy the silence-Sell the noise
SFTV.004-.0075
AVNT.0018-.0033
FPPL.0034-.03
WEGI. My new Call

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MillerTIME
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exceptional clip in my opinion here of the new QTN worldnews cast...enjoy

http://tinyurl.com/8fxon

--------------------
Buy the silence-Sell the noise
SFTV.004-.0075
AVNT.0018-.0033
FPPL.0034-.03
WEGI. My new Call

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MillerTIME
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From the great skunksyard over at ihub regarding new Q programming.........

Brunch 9/9/05

Scott guest: Jim Verraros - Roller Coaster

commercial: www.25endless.com

Honey guest: adam cianfarani

http://www.gaelyn.com/

Honey/Adam met at LAFashion week...

Adam getting award from Glaad or Peta not sure....Pamela Anderson going...Honey going

Honey showing clip from Excess/Acess

Christine Avalier, Brittney Spears wears Adam's designs

guest: damon romine entertainment media director of GLAAD
http://www.glaad.org/media/archive_detail.php?id=3789

commercial: Genesis Financial Management

honey says 8 shows being produced by Q

commercial: orbitz (gay commercial)
commercial: osteon

jinx titantic stopped by also

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Brunch 9/12/05

PETA Award
Honey sat next to Dennis Rodman
sitting next to Pink
email from tina from dc
email from shawna seattle washington

Chrisanne heading to Katrina area and will bring reports all week about GLBT community

guest: joseph patrick smith
flew on 9/11/01 and described his experience of how they were told about the 9/11 event and how their
plan was forced to land and they were put in hotel...


commercial: ready strip

guest: mike luna Peter hyde gay fraternity
http://www.dlp.org/alphaomicron/

guest: stuart katsh nutritionist


commercial: slim cafe


guest: david michaels actor's fund
http://www.actorsfund.org

commercial: bowflex

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

QTN World News

Josh is in one window from Los Angeles....and Lara Schwartz is in the Washington DC window....
Lara Schwartz, chief HRC Legislative counsel discussing Roberts nomination

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Guest hostess POPPY

guest: Norman Korpi
http://www.normankorpi.com/pages/1/index.htm
http://www.imdb.com/name/nm0466642/

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Brunch...091305


they are going to take the show on the road....Philadelphia is one area

scotty said gay marriage....California, Washington and possibly NY.....he thinks

live phone calls on the show now......
john from SF

guest: Elijah Dittersdorf (banjo player)
he's friend of honey...and now scotty's interviewing

commercial: osteon
commercial: bowflex

guest: corri planck deputy director....family pride coalition

commercial: 25endless.com (endless pool)

advertising Nick Oram's Q on the move

9/23....Family Pride event in PS

National Awards LA 10/8....

Honey's dog Bella in all the shows lol! she's 6 months old..looks like English Bulldog....

commercial: ready strip

guest: Mark Brown potluck club

http://www. potluckclub.org

commercial: slim cafe

looks like Honey and Scotty are going to get their own 'set' apartment....Honey is going across the hall
this should get interesting

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

QTN World News..

Chrisanne reporting from Houston Astrodome....

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Q live

guest hostess: Poppy Champlin
http://www.lezbeout.com/ShannCarrPoppy.htm

Saskia back from her london trip

commercial: bowflex

guest: david Cooley owner of THE ABBEY
http://www.abbeyweho.com

commercial: genesis financial management inc

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

--------------------
Buy the silence-Sell the noise
SFTV.004-.0075
AVNT.0018-.0033
FPPL.0034-.03
WEGI. My new Call

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Sam1959
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quote:
Originally posted by 4Art:
If the building is intact it doesn't cost much to install new satellite dishes.
quote:
Originally posted by g-invest:
They are awfully close to water. But don't worry, I doubt any of their satellites were ruined by winds that were busting up concrete buildings.


I used to work as an electronic technician maintaining satellite communications equipment. They said they are near 100% functional (or words close to that) and they would probably not be communicating at all if they needed new dish antennas.

--------------------
Sam

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MillerTIME
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also from Skunksyard regarding Q advertising/commericals......

here's a list..maybe there's one or two more missing on the list...

bowflex
ready strip
brite smile
slim cafe
osteon (new)
devry
genesis financial management inc (new)
Garden State
Titanium Razor
25endless.com (pool)
orbitz (newer)

--------------------
Buy the silence-Sell the noise
SFTV.004-.0075
AVNT.0018-.0033
FPPL.0034-.03
WEGI. My new Call

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Penny-Trader
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exactly my point earlier.

this is an amazing aquisition. You can bet that Chrissanne Eastwood will be broadcasting through this new teleport this week from New Orleans as she does her reports for on Q live, and world cast news.

Rod


quote:
Originally posted by Sam1959:
quote:
Originally posted by 4Art:
If the building is intact it doesn't cost much to install new satellite dishes.
quote:
Originally posted by g-invest:
They are awfully close to water. But don't worry, I doubt any of their satellites were ruined by winds that were busting up concrete buildings.


I used to work as an electronic technician maintaining satellite communications equipment. They said they are near 100% functional (or words close to that) and they would probably not be communicating at all if they needed new dish antennas.


--------------------
Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.

This is a non reporting pink sheet with very high risk. From high risk comes high rewards.
Dont invest more then you can afford to lose.

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HighSide
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good stuff MillerTime, like always most appreciated
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microcapelite
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I keep seeing people post about dilution, and I am sick of reading the same old repeated crap about it. Maybe Frank is doing what he is supposed to be doing with the stock, and funding operational and expansion expenses *GASP* .... it couldn't be! Quit playing with the numbers and trying to figure out why the PPS is going down. Frank has retired shares, bought back 3% of the O/S, and even reduced the tradeable amount of shares by half and we still get no upward movement. Frank hiring a team to investigate manipulation two days after the reduce in tradeable shares speaks volumes.

Quit toying with the numbers looking for answers because it will not work with a manipulated stock. Just because this company is making all the right moves doesn't mean it will be fairly traded. Its a pink folks, and until we are filing and fully reporting it will be manipulated and traded like a pink. You CANNOT expect a non-filing pink to be traded fairly. The MM's will short the living daylights out of this until we file financials .... it's that simple. Why short a company and run it down even though it's a legit company? To reinvest the short profit into something that will make quick money, to make money off of the spread, and to make money off of the little runs we see every now and then. This company is the perfect prey for the MM's. A non-filing, non-reporting LEGIT pink with consistant monster volume is the perfect prey for the MM's that participate in the manipulation.

The MM's will milk every penny until they have an incentive to trade this fairly, and that incentive is the filing of some financials. Why is the SEC not doing something about it? Because the SEC has NO teeth when it comes to a company that has not made their financials public. The MM's will just laugh in their face.

Yes, it sucks. But the fact still remains that the company is real, the assets are real, and we are expanding rapidly despite the fact of a falling stock price ... hmmmmm .. the irony.

Anyway ..... just beware of bashers folks. Bashers will say and do ANYTHING to get the PPS to fall so they can accumlate more. Bashers are very good at what they do ..... remember that.

I read the forums because every once in a while someone will bring some very good DD to the board. I have noticed alot of you guys are on edge and are getting worse every day. My suggestion would be to avoid the forums and follow only the PR's released from the company. You know that feeling you get that makes you wanna go on a buying spree? I guaruntee that will come back if you avoid the forums, watch the PR's and base your position on operational facts relased from the company.

Just my 2 cents .... yea .... we will see those days again. [Smile]

[ September 16, 2005, 00:42: Message edited by: microcapelite ]

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whizknock
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quote:
Originally posted by Marty:
Some good answers, but no one hit it. The "riddle", is taken from an Isaac Asimov book called The Fall of Colossus, the follow up to Colossus. Without giving away the context of the book, the "riddle" is that all the logic in the world, and all the processing power in the world, will not give you all the answers to every question. With that, I leave you with this:
A logical cube has 6 sides. While looking directly at a cube with your eyes, from any angle, you can never see all sides. Does that mean they don't exist? Is something being hidden from you? Yes. What your eyes can't see. But does it mean it's not there?
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?


I've read a lot of Asimov many many years ago. Loved the stuff.
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whizknock
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quote:
Originally posted by MillerTIME:
also from Skunksyard regarding Q advertising/commericals......

here's a list..maybe there's one or two more missing on the list...

bowflex
ready strip
brite smile
slim cafe
osteon (new)
devry
genesis financial management inc (new)
Garden State
Titanium Razor
25endless.com (pool)
orbitz (newer)

Sweet!

--------------------
whizknock

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whizknock
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By the way. In case I haven't said this,,,

God Bless the peple of New Orleans!

One of my best friends on Earth lives in the northwestern part of the state (Shreveport) & thankfully he & his family were not hit by the storm. However many of the victims are being housed there & Danny tells me some things that raze the spirit & make me feel very good about my fellow human beings.

--------------------
whizknock

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whizknock
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Bigrod is right!

Letter to investors has been updated.
....................................................................

9/15/2005 - For Shareholders (Updated)

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. 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.

Sincerely,
Frank Olsen
CEO, Q Television Network

--------------------
whizknock

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Trader O
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If the teleport is in the French quarter, that's awesome!
http://www.cnn.com/2005/US/09/15/katrina.impact/index.html

By September 26, the city's historic French Quarter will be open for business, the mayor said.

"The French Quarter is high and dry, and we feel it has good electricity capability," he said.

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whizknock
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quote:
Originally posted by Trader O:
If the teleport is in the French quarter, that's awesome!
http://www.cnn.com/2005/US/09/15/katrina.impact/index.html

By September 26, the city's historic French Quarter will be open for business, the mayor said.

"The French Quarter is high and dry, and we feel it has good electricity capability," he said.

I didn't know it was in the French Quarter.

--------------------
whizknock

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whizknock
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quote:
Originally posted by g-invest:
Here's what we just bought:
http://maps.google.com/maps?q=3200+Chartres+Street,+New+Orleans,+LA&spn=0.004821,0.007583&t=e&hl=en


This map from G-guy doesn't look like the French Quarter.

--------------------
whizknock

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Ruh916
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If you check out this link, it shows the flooded areas, and if you notice, NTI, on the north bend of the river, is outside the flood lines. nifty.

http://www.globalsecurity.org/military/facility/new-orleans-katrina-flood-03.htm

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kybowhunter
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quote:
Originally posted by whizknock:
quote:
Originally posted by g-invest:
Here's what we just bought:
http://maps.google.com/maps?q=3200+Chartres+Street,+New+Orleans,+LA&spn=0.004821,0.007583&t=e&hl=en


This map from G-guy doesn't look like the French Quarter.
This bed and breakfast is just a few blocks from the NTI site location, the b&b sits at the edge of the French Quarters

B&W Courtyards
2425 Chartres Street : New Orleans, LA 70117Phone: 800.585.5731 | 504.945.9418

--------------------
QBID
3,000,000 LONG

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Ruh916
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Here's another really big picture after the hurricane, you can see the dishes are still there.

http://www.digitalglobe.com/images/katrina/new_orleans_msi_aug31_2005_dg.jpg

Wow, I didn't realize too that the google map pictures are recent (during the flood), you can see the levee break about 2 miles to the northeast of NTI.

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noah129
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patience patience patience that is what i have to say to my fellow longs.i am in total aggreeance with millertime in his chart analysis but then again charts dont always say exactly what will happen.we could dip to .0009 or lower and we could be spiking to .01 or higher any day on real news of an audit and more subscribers or more timewarner states added. so basically my opinion is that we are either at or very close to a real bottoming out of qbids stock.i am hoping and looking forward to the days of uptrending as i do beleive that the future of this company is bright. qbid the terrible will one day roar and those that bought when the stock was hated and held on long through the shakes and shuffles hehe will be rewarded well.

15 million on lockdown

best of luck to you all sincerely your
QBIDIOT.

--------------------
gotta know when to hold em and when to ..........

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paperandcoin
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Sorry for the delay! But very nice post OP!


quote:
Originally posted by Optimus Prime:
[Mad] I have kept quiet about you for a long, long time.

You don't know anything about New Orleans, do you? Don't be dense. You have no idea about the ELEVATION from that picture. Not all of N.O. is below sea level. Then, you spew this crap:

quote:
Originally posted by g-invest:
NTI is known to be a money sink. Most New Orleans businesses are. I see the costs of like 300 billion dollars to rebuild New Orleans and my heart just sinks. Why? Because the leaders of my country are stupid enough to think that the money to rebuild New Orleans is worth it. 300 billion dollars, people. That's ridiculous. Why not build a brand new city someplace safe for 10 billion?


From deep, deep within my heart, I am here to say that you are an unfeeling piece of garbage. You don't know what you are talking about, you are insensitive to VICTIMS, and you don't understand what a home is and what it means. May God spare YOU from a disaster that destroys all that you know and love because what comes around, goes around bud.

You always find something negative, don't you. You have stooped so low as to bring up a LOCATION NEXT TO WATER as the negative to buying a teleport. Have you even thought about the possibility that they bought the teleport TO INSURE THEY CAN NEVER BE TAKEN OFF THE AIR BY ANY RELIGIOUS GROUP OR POLITICAL PARTY IN ADDITION TO MAKING MONEY?

If you are furious, I suggest you sit with your nose in the corner like a little kid and have youself a little time-out.

I have never posted a response like this to anyone's post, but you deserve this. Like I have kept as my personal policy before these ridiculous postings, I will not respond to anything further that you have to say.

quote:
Originally posted by g-invest:
I smell a reverse IPO. NTI has absolutely NOTHING to do with queer television.

Here's what we just bought:
http://maps.google.com/maps?q=3200+Chartres+Street,+New+Orleans,+LA&spn=0.004821,0.007583&t=e&hl=en

They are awfully close to water. But don't worry, I doubt any of their satellites were ruined by winds that were busting up concrete buildings. WTF is Frank running? Some sort of corporate charity service?

Wonder where Frank got the 12 million households info? Why he stole it directly from NTI's FAQ page:
http://www.networkteleports.com/Faq.htm

Their website is so crappy, it uses frames, people. FRAMES.

If the majority of the PRs are about this stupid NTI facility in the future, that's not good news. It means Frank will promote someone else to CEO, (ala how he was promoted to CEO of International Healthcare, which became QBID) and then we'll either see a reverse split or this will head back down to .0001 and another 3 years later the new QBID will have a 7 1/2 billion in O/S (cause the new guy has money to buy up shares for the huge run he intends to make money off of) and we'll go through the same spiel all over again.

Welcome to 1999, when Frank did the Reverse Shell IPO to become the former Integrated Healthcare:
http://tinyurl.com/8se9b

Ridiculous. Just ridiculous. I'm furious.



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Doctoall
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Good morning fellow "Qbidians" lets hope that there is a great day in store for us [Big Grin]

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

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4Tune4Me
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Good Morning, Doc...

--------------------
Just the facts, ma'am.

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pennnies
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Bling Bling lets get our candle lit today!
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juice
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hey yall mornin, whats the level 2's MT, dew-it? thanks!
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4Tune4Me
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.0013

--------------------
Just the facts, ma'am.

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Wangdo
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there we go.. lets keep the uptick going

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

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pennnies
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Come on baby this wants to run!!!!!!!!!!!!

Get those buys!

[Eek!]

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g-invest
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quote:
If you check out this link, it shows the flooded areas, and if you notice, NTI, on the north bend of the river, is outside the flood lines. nifty.
You are absolutely correct. I was able to confirm this later on last night but didn't get a chance to mention it. No worries here anymore. I hope that this doesn't strain QBID resources any further.

It's interesting that Frank actually decided against dilution for this purchase. It's the first time I've ever heard of him stating he didn't want to.

Now if we can just get him to promise not to dilute while the stock is under a penny, I'll be a fan of him again.

He needs to take out loans. Right now the liabilities are only 2 million, which means that we, the shareholders, have been paying for all the stuff he's been buying.

http://www.investopedia.com/university/ratios/debtequity.asp

Our debt-equity ratio at .0012 is 2 million/(.0012 * 19.5 billion), or 2 million / 23.4 million, or .0854. That's kind of ridiculous. Frank should be working on financing whatever new ventures he intends to embark on with loans. I have a feeling he doesn't want to go this route because he's got bad credit, but if he's serious about achieving profitability by summer '06 or whenever it is, then he needs to consider using loans to do these extra projects.

As long as the debt-equity ratio stays under .5, I think we'll be fine. God knows he's diluted enough.

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As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO.

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pennnies
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Bring on .0013 baby!!!!!!!!!!!!!!!!!!!!!!!

If we can get into .0013 without large sells we could be seeing a nice start of something!!!!!

I think the MM's will let this run if we have the buys to support it!


[Big Grin]

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Dew-it
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hola board! Kinda slow today.

Vol 62.6M
(8) X .0011
(3) X .0012

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MillerTIME
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quote:
Originally posted by g-invest:
quote:
If you check out this link, it shows the flooded areas, and if you notice, NTI, on the north bend of the river, is outside the flood lines. nifty.
You are absolutely correct. I was able to confirm this later on last night but didn't get a chance to mention it. No worries here anymore. I hope that this doesn't strain QBID resources any further.

It's interesting that Frank actually decided against dilution for this purchase. It's the first time I've ever heard of him stating he didn't want to.

Now if we can just get him to promise not to dilute while the stock is under a penny, I'll be a fan of him again.

He needs to take out loans. Right now the liabilities are only 2 million, which means that we, the shareholders, have been paying for all the stuff he's been buying.

http://www.investopedia.com/university/ratios/debtequity.asp

Our debt-equity ratio at .0012 is 2 million/(.0012 * 19.5 billion), or 2 million / 23.4 million, or .0854. That's kind of ridiculous. Frank should be working on financing whatever new ventures he intends to embark on with loans. I have a feeling he doesn't want to go this route because he's got bad credit, but if he's serious about achieving profitability by summer '06 or whenever it is, then he needs to consider using loans to do these extra projects.

As long as the debt-equity ratio stays under .5, I think we'll be fine. God knows he's diluted enough.

yeah G i agree completely....i would find it hard to believe that Frank is diluting shares at these levels....imo it would be ridicioulous and almost death to the stock...to raise any serious amount of capital down here you would have to dilute a truckload of shares...and then buy them back and 8x the price when you become profitable...

give us more debt frank!!!not more shares at these levels!

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Buy the silence-Sell the noise
SFTV.004-.0075
AVNT.0018-.0033
FPPL.0034-.03
WEGI. My new Call

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g-invest
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quote:
From deep, deep within my heart, I am here to say that you are an unfeeling piece of garbage. You don't know what you are talking about, you are insensitive to VICTIMS, and you don't understand what a home is and what it means. May God spare YOU from a disaster that destroys all that you know and love because what comes around, goes around bud.
I'm not insensitive to the situation. I know people lost a lot. I talked to a victim over IM just yesterday who moved to my state to get out of NO, so I know their lives are devastated by Katrina.

What I am saying is that if you talk to a New Orleans person, they'll tell you that for YEARS they kept fearing the next hurricane was going to be the one to hit and take out half the city. All their news stories were about how the levees couldn't handle/take another hurricane, and everyone always feared the worst. People left the dangerous areas as they could, and then they came back, usually, to find that the hurricane wasn't that bad.

With Katrina, their greatest fear was met. It was "the one" they had been fearing.

That is why I'm surprised our leaders are talking about rebuilding New Orleans. It doesn't make sense from a fiscal standpoint. Compensate the victims, help them recover their personal effects, certainly, but let's not promise them we will rebuild it. Those areas are dangerous. If the cost to rebuild outweighs the cost to build anew, then build anew. There's no reason why New Orleans can't be expanded inland some more.

Anyway, something to think about:
http://www.kuro5hin.org/story/2005/9/1/21412/92313
There are in fact good reasons for people to live here; New Orleans exists because of a confluence of ground and water transportation routes and significant farming and seafood industries. But that doesn't mean there is a good reason for one point three million people to live here. Before modern sanitation, storm prediction, and indoor climate control existed New Orleans regularly lost thousands of inhabitants at a time to storms and epidemics. New Orleans has always been a city that creates much wealth, but in modern times we have forgotten that that wealth was once acquired at great cost.


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As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO.

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4Art
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[Big Grin] LOL

quote:
Originally posted by g-invest:
I'm not insensitive to the situation.


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