posted
I don't want to sound like a blatant pumper, but maybe I am LOL
I base a lot on gut instinct, and just listening to him I liked him. I think people are really picking at nits on a lot of things looking for holes out of frustration. I would be more worried if he had pat answers for everything.
Believe me, I first bought into this thing at over a penny. My first run-chase! I am frustrated also. But I also wasn't planning on making any money on it until 2008 (when they said they would break even originally).
At this point, waiting for the audit and dumping, holding or accumulating is all we can do!
-------------------- I just want to make enough money to be eccentric.
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quote:Originally posted by HossTrader: I don't want to sound like a blatant pumper, but maybe I am LOL
I base a lot on gut instinct, and just listening to him I liked him. I think people are really picking at nits on a lot of things looking for holes out of frustration. I would be more worried if he had pat answers for everything.
Believe me, I first bought into this thing at over a penny. My first run-chase! I am frustrated also. But I also wasn't planning on making any money on it until 2008 (when they said they would break even originally).
At this point, waiting for the audit and dumping, holding or accumulating is all we can do!
Hoss, I come from the same perspective. It just seems like at the very worst we will get a billion bucks for the network if it's sold. We will make money even on 44 billion o/s. The other scenario is that the o/s comes down, they move to an exchange, etc. and the pps goes up. Either way it is a long road ahead it seems. Patience is a virtue....
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quote:Originally posted by FatherOfTwo: hoss... I understood it to be that he would not release them for 2 months.. i.e. end of year!
maybe you are right though as he doesn't get the info from carriers until the end of their billing cycle, which delays them!
Father of Two, I think that he meant that the subscriber numbers would be stale, because they run two months behind on them. I buy that. We provide data in much the same way where I work. It is hard to give up to the minute numbers for a lot of companies. If it is two months old, we can at least use that as a minimum figure ( I would hope anyway ).
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quote:Originally posted by permanentjaun: Quick positive thought - Audit expected by halloween. Finally something new to look forward too. I guess after waiting so long it came up quick on us.
It will be nice to have some real info to chew on, won't it? I was pretty stunned when he said there had been no audit in 8 years for this company. No wonder it is taking so long.
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posted
Posted by: ihubposter In reply to: islandboyz who wrote msg# 177882 Date:10/19/2005 7:26:03 PM Post #of 177916
SUGGESTION:
Given that Rich Brown said he would appear here on iHub next week, it's my thought that a list of discrete questions should be formulated by Monday, perhaps, and e-mailed to him by the person who got him to agree to appear here, in the hopes that he will answer them when he appears here.
Just a thought
-------------------- 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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posted
the audit will answer most, if not all of the questions. And if good, will attract attention and buyers.....
-------------------- 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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quote:Originally posted by Peaser01: Someone just may lose their job over this, as well as a possible indictment by the SEC if stock manipulation can be proven to be true. Richard posting on RB was the craziest thing I have ever seen in my days of stock trading. It seemed like an act of desperation to keep the pps up to me.
The fact that they are wasting time answering questions about HIV is a complete distraction from the audit related questions.
quote:Does anyone remember the name of the auditing company? Seems to me if it was a lie, you wouldn't name names...
Boy you would sure think so, wouldn't you? But see, this is FRANK we are dealing with, and he's.. well, he's a complete idiot. He finds it far more important to comment about how he doesn't have HIV than to comment about the audit. We're investors, not friends. Is it really all that difficult for him to ignore the stupid questions and answer the pertinent ones?
quote:the very first question to be asked MUST be about the audit!. when will the audit results be released! ( if it is complete ) if it is not complete when will it be? and how long after will the results be made public!?. THIS IS THE FIRST MOST IMPORTANT QUESTION TO BE ASKED: REASON: IT ANSWERS MOST OF THE OTHER QUESTIONS! SUCH AS SHARE COUNT, O/S A/S, INCOME, PROFIT AND LOSS, ASSETS AND SUBSCRIBER BASE. THIS QUESTION MUST BE #1 ON EVERY CALLERS LIST!!. ANYTHING ELSE IS A WASTE OF TIME!!
HOLY CRAP! Another intelligent investor! This guy seems to realize that there is no more point holding the bag as this falls.
quote:yes, i agree audit is #1, but you cannot ask, when will it be done??because he has already said by nov 21st and also that the acutal audit is DONE, but they still need to clean up the share to be able to report it to the SEC....until then they said they would put it on the website...
They don't have to "clean up" shares. Where the hell did you hear that? If there was a dirty shell they need to tell their investors exactly what the problem is and how long it is going to take to fix it. ALL WE CARE ABOUT IS THE AUDIT! Maybe you're talking about accuracy. All they have to do is use a legal disclaimer saying "To the best of our knowledge" and then submit it to the SEC. That means they are not liable as long as the count is not horribly off. If it is horribly off, then they *ARE* liable.
This argument about a dirty shell is a classic "pink" response to claims that a company should be fully-reporting.
quote:Finally an admittance from the man himself. ROFLMAO!
No comment, buckwheat, you obviously didn't get the point of the argument. Which doesn't surprise me. I'll say it again: If you are a whiner to actually be CONCERNED about your money, then I'm the biggest baby of them all. Go ahead and misquote me again like a true winner.
quote:are you guys all bashers or what?why is everyone talkin so negative about this stock..it makes me believe u guys dont really have a good amount of money on this..stpo bashing..nobody respond to bashers..we need people buying this stock .the bashing is not helping..cant u guys see that?? do u guys want to lose ur money?? then stop bashing..only positive things should be coming out right now..i dont get you guys
The one and only thing Q has going for it is that with the audit we'll know it all. IMHO, QBID deserves to be at a low PPS. I do think a 17 million market cap is rather low, but until Frank gets a buyback underway or a full and SEC-compliant audit done, this stock is going nowhere. And people know that, so they won't be willing to invest. We will probably see .0005 or lower tomorrow as those who were looking for daytrading plays or want to make back their money sooner than 6 months bail out.
quote:The day this board becomes only a cheerleader for this stock is the day I stop reading it. People who have less than optimistic opinions of a stock (as long as they tell the truth) are generally a lot more helpful from a DD perspective than baseless optimists.
I've always been pretty forward with my opinions, good or bad. I'm very interested in the audit (obviously, cause that's all I ever complain about) and you can be assured I'll do my best to do a complete analysis of the good and bad in it.
I doubt this Halloween audit is going to be SEC-verifiable. It'll probably be a lame PinkSheets.com audit. But still, it'll have to be reasonably accurate, so I'll do the best analysis that I can.
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO.
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posted
i do believe i will be holding, and most here will be holding or accumulating if they havnt already tapped out. most all of us are down a tick or two or three
we all can see the unlimited potential in this company the only question is how long do we wait for our return on our investment,
sounds as if Frank has given a timelimit of no more than four years to accomplish all of his goals with this company the progress he needs to make in that timeframe in my opion should show substantial rewards for us investors along the way, the individual Question we need to ask ourselves is how long will we wait
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posted
44 billion shares currently....move to another exchange....hhmmm....sounded like he said Amex....Amex requires a share price of $3.00, (in most of it's standards). This will require a major R/S. See for yourself.... http://www.amex.com/equities/howToLst/Eq_HTL_ListStandards.html
This will not be a long hold at this level....GL...
-------------------- 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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posted
Interesting cc. Frank CEO laid it on the line. Never passed the mic to anyone. Good for you Frank. Now let's get this puppy running. Way past baby steps.
-------------------- don't sweat the small stuff.
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posted
ROLMARFO............I would have responded sooner but had to wipe the tears from eyes...........I did quote you, so it is fact ROFLMAO!.........I did take it from one of yourmost recent posts, so I (LMAO) didn't make it up like you claim I do. ROFLMAO>>>>>>>>>>>>>>>>>>>>>>>I simply gave you a taste of your own medicine. Now , doesn't Buckleys really tastse like crap?..............ROFLMAO and works too!
quote:Originally posted by g-invest:
quote:Originally posted by Peaser01: Someone just may lose their job over this, as well as a possible indictment by the SEC if stock manipulation can be proven to be true. Richard posting on RB was the craziest thing I have ever seen in my days of stock trading. It seemed like an act of desperation to keep the pps up to me.
The fact that they are wasting time answering questions about HIV is a complete distraction from the audit related questions.
quote:Does anyone remember the name of the auditing company? Seems to me if it was a lie, you wouldn't name names...
Boy you would sure think so, wouldn't you? But see, this is FRANK we are dealing with, and he's.. well, he's a complete idiot. He finds it far more important to comment about how he doesn't have HIV than to comment about the audit. We're investors, not friends. Is it really all that difficult for him to ignore the stupid questions and answer the pertinent ones?
quote:the very first question to be asked MUST be about the audit!. when will the audit results be released! ( if it is complete ) if it is not complete when will it be? and how long after will the results be made public!?. THIS IS THE FIRST MOST IMPORTANT QUESTION TO BE ASKED: REASON: IT ANSWERS MOST OF THE OTHER QUESTIONS! SUCH AS SHARE COUNT, O/S A/S, INCOME, PROFIT AND LOSS, ASSETS AND SUBSCRIBER BASE. THIS QUESTION MUST BE #1 ON EVERY CALLERS LIST!!. ANYTHING ELSE IS A WASTE OF TIME!!
HOLY CRAP! Another intelligent investor! This guy seems to realize that there is no more point holding the bag as this falls.
quote:yes, i agree audit is #1, but you cannot ask, when will it be done??because he has already said by nov 21st and also that the acutal audit is DONE, but they still need to clean up the share to be able to report it to the SEC....until then they said they would put it on the website...
They don't have to "clean up" shares. Where the hell did you hear that? If there was a dirty shell they need to tell their investors exactly what the problem is and how long it is going to take to fix it. ALL WE CARE ABOUT IS THE AUDIT! Maybe you're talking about accuracy. All they have to do is use a legal disclaimer saying "To the best of our knowledge" and then submit it to the SEC. That means they are not liable as long as the count is not horribly off. If it is horribly off, then they *ARE* liable.
This argument about a dirty shell is a classic "pink" response to claims that a company should be fully-reporting.
quote:Finally an admittance from the man himself. ROFLMAO!
No comment, buckwheat, you obviously didn't get the point of the argument. Which doesn't surprise me. I'll say it again: If you are a whiner to actually be CONCERNED about your money, then I'm the biggest baby of them all. Go ahead and misquote me again like a true winner.
quote:are you guys all bashers or what?why is everyone talkin so negative about this stock..it makes me believe u guys dont really have a good amount of money on this..stpo bashing..nobody respond to bashers..we need people buying this stock .the bashing is not helping..cant u guys see that?? do u guys want to lose ur money?? then stop bashing..only positive things should be coming out right now..i dont get you guys
The one and only thing Q has going for it is that with the audit we'll know it all. IMHO, QBID deserves to be at a low PPS. I do think a 17 million market cap is rather low, but until Frank gets a buyback underway or a full and SEC-compliant audit done, this stock is going nowhere. And people know that, so they won't be willing to invest. We will probably see .0005 or lower tomorrow as those who were looking for daytrading plays or want to make back their money sooner than 6 months bail out.
quote:The day this board becomes only a cheerleader for this stock is the day I stop reading it. People who have less than optimistic opinions of a stock (as long as they tell the truth) are generally a lot more helpful from a DD perspective than baseless optimists.
I've always been pretty forward with my opinions, good or bad. I'm very interested in the audit (obviously, cause that's all I ever complain about) and you can be assured I'll do my best to do a complete analysis of the good and bad in it.
I doubt this Halloween audit is going to be SEC-verifiable. It'll probably be a lame PinkSheets.com audit. But still, it'll have to be reasonably accurate, so I'll do the best analysis that I can.
IMHO.. what a joke.. jsut like the last one! Audit will come out end of Oct with only shareholder and asset information! Other details not until end of year...
the pps WILL continue to go down until the restricted shares are absorbed!
I will be looking to buy at .0005 or lower!
GLTYA.
This is the kind of posting that makes absolutely no sense at all. No harm intended FOT but why bash, then whine, then turn right around and buy more shares. lol
I am not bashing.. I am simply stating my adament opinion that the pps will go lower.
I recall a couple months ago, when I stated that I thought there was major diluting occurring, and I went so far as to state that IMHO at the time, the shares were coming from restricted shares used to get this thing going. I was put down and many stated that I was full of BS, and now look... Frank finally admited that what I said is exactly what happened. We do not know how many shares are left to be sold, but it could be easily be found out with a shareholder report (NoBo) which cost about $1000... or Frank could just call the people and ask them. Until these shares are absorbed, the pps is only going to go down. And with the other people all realizing it will go down further, are going to stop buying, or they will sell and buy lower, which will only push it lower yet!
Last year, there were 14.5 Billion shares (9bill float), and now there are 44 Bill (21 bill float)... that is 30 BILLION shares added. Now, do I trust Frank to retire his shares as they buy back shares in equal porportion.. yes I do. but, what I don't know, is how many of the 21 Bill that Frank does not own are restricted shares owned by other investors... and when they mature, are they going to be dumped on the market just like the current shares????? I would really like to know the terms of the restricted share agreements that have been made.
So, I am sorry if you feel as though I am not positive enough for you... and I may be sending mixed messages, but yes, as a long term investment, I am willing to put 1-2k into it, but only at a pps below .0005 because, IMHO I believe it may take 1-2 years for it to return to .005+.
Now... one caveat that could change my opinion immediately, is that if they sign a satelite carrier. That IMHO, after the audit results is the only thing to turn this around to respectable valuation levels.
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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posted
Sorry, but for me it's about making money otherwise I wouldn't be in this stock. I think it's great that he's building this company but real answers should be obtained.
These are my observations: For someone so busy, he's not too focused. That makes me nervous because most busy people are driven and direct. I think he got burried in semantics and did not answer questions straight forwardly. He wove a story into every question. He sounded like he's had a few to drink- I'm okay with that and it sounded very much like he's pretty used to being that way. I'd think though in this situation he would flower the pot and have someone else answer the questions.
Don't get me wrong I don't think the whole cc was a mess but it could have been a lot better (and a lot worse).
It will be interesting how tomorrow will play out.
-------------------- It's choice - not chance - that determines your destiny.
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posted
I have to jump in here and say I agree with realmoney2 that the income and subscription info will be in the released info, just 2 months old. I have been working in accounting firms for 8 years now, and you cannot complete an "audit" without having completed the "audited finacial statements." This means there has to be an Income Statement or the audit would not be complete. The information on that statement, however, will be as old as the date listed on the top of the statement. That date is ofcourse the date for the end of a period, which in this case it is probably the fiscal year end (or at least the most recent quarter ended).
-------------------- Still holding, Still waiting, ...
Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :)
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imakmony2005
unregistered
posted
Man frank sounded like -hit what was that, dumping half on the bell, buy back at .0001 like frank said it does not matter to him what the pps is he has his money from p-investers,bankers as he said for now hes fine. how do we have debt of 10 mil but we burn 1 mil a month??
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posted
It's not what the MM's know, it's how people like us feel. MM's don't know anymore than we know except for how things will change perhaps 10 seconds before we do. Matt
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quote:Originally posted by imakmony2005: Man frank sounded like -hit what was that, dumping half on the bell, buy back at .0001 like frank said it does not matter to him what the pps is he has his money from p-investers,bankers as he said for now hes fine. how do we have debt of 10 mil but we burn 1 mil a month??
You misheard Frank, I hope, that he didn't care about the pps in regards to investors. He doesn't care if you're invested with $10 or $10,000,000, he cares about you knowing what's going on with the company. You've also misunderstood, again I hope, that they have liabilities of 10 million and a burn rate of $1 million a month. There are no revenues brough into the figure there. I don't know what you're misunderstanding. There are no buts, only ands in what he said there. At most he has 10 million a month in liabilities and 1 million a month in burn rate. It is not likely that there are liabilites of 10 million a month however. That was dealing with assets and liabilities.
I hope I've cleared that up for you and others. Matt
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posted
Well, I guess a few will might be happy or supprised that I am still here. I had to sell 1,555,000 Shares and now only had=ve 2 Million shares left but, I will tell you this. I heard the CC and one thing struck me pretty good I thought I heard Frank say that we only had about 10 million in bdebt. I think that sounds good IMHO. Another thing that I thought I heard was that Frank already knows what the audit will show DOCTOALL or anyone else want to respond to this because I think the AUDIT is already done. I will ride what I have left down to nothing but I really do not think this will happen.
-------------------- Sheldon L. Hutchins
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