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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » QBID XXXII Risk versus Reward? (Page 87)

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Author Topic: QBID XXXII Risk versus Reward?
MillerTIME
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So guys, take some time out if you can, and look at that list, and try to word 1 or 2 of the top questions to where he HAS to answer it...

from this board we will probably get about 7 of those questions answerd...

man the audit being posted on the website would solve SOOOOO many of the questions if they release tommorrow before the CC..ahhaha

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

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Peaser
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1. Subscribers. How many subscribers do we have currently and what does this number include up to?

2. Straight up, what is the amount of shares in the:
-float
-OS
-common
-preferred
-authorized

3. At or near what number of subscribers do we think we will turn a profit. Some of the shareholders have guessed at 100,000.

4. The Financial page. We were promised a financial page and have still yet to see one.


5. 9,000,000 share blocks. What are these. Are these your dilution coming accross or the transfer of new shares into the market TO BE diluted?

6. What is the payback scheme for the repayment of the private investors.

7. What is the problem that makes our shell dirty, and what is required to clean this up.

8. We heard of this problem at the last CC what has been done to fix this and are these the same problems as mentioned at the open house.

9. What is the hiarchy of the company.

10. Will you be reporting at the end of this audit, if so we would like a timeframe in which to expect this to be done.

11. Can you explain how we have had 4 buybacks anounced in the last year and a half, but the o/s has increased. how is that possible.

12. Liquation by Satillete. Can you explain this company and what its about. Assests, reveneues, debt, etc.

13. Are the shares that the employess are the common stock or are they investing in Preferred stock.

14. We have heard recently of “big stars may be coming on”, Q XBOX games, Q cell phone games, and QTN shopping network to name a few. Will you be able to expand on these and other visions you have for Q in the next year?

15. NTI. Can you expain why you bought the company and also the revenues, costs, etc that the company brings into TMM.

16. Can you expand on being breakeven by January 2006 and profitable by May 2006 and are we still on track? Where will the buybacks begin? Where will the private investors be paid back?

17. How is the syndication of the Jack E Jett show, the Gay Rodeo, and the Reichen Show being paid for by Outtv, if at all.

18. Do you believe that once we become breakeven in January that the daily dilution by VERT will end?

19. Advertisers. How many do we have now and who are they?

20. International. Can you expain your thoughts on going international. Whether we would buy out the networks or just syndicate shows through them like outtv? What would be best case scenario in your eyes.

21. Shows. What shows we run and are they all being run by the Burbank studio? Can you confirm the rumor that we are looking at a studio in NYC?

22. Auditing Company. Could you at least tell us if the auditing company is a national audit company or a small mom and pop auditing company in palm springs.

23. google/comcast are going to pay aol $5b--just for their CONTENT.
are there plans for any partnerships for OUR content? Are there plans to market any of OUR shows like the apple/disney ($1.99 per show) partnership? How about sirius or xm radio

24. What percentage do the common shareholders own of QTN and TMM

25. Is there a board of directors? If so, who sits on this board?

26. What is the contingency plan if the CEO were to fall ill, or be removed, where he/she was unable to perform the daily functions of CEO?


--------------------
Buy Low. Sell High.

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user095263
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IS ANYONE TAPING THE C-CALL SO IT CAN BE TRANSCRIBED?
~BB


and fwiw, why the heck would frank approve richard hitting the boards yesterday, as well as committing to 2 other boards in the future, after what he said about the boards in the last conference call?

"Now I need to talk to you about the boards, and if someone comes to ask you to borrow money and he says his name is Joe Blow and we check his ID and it comes out to be something else, you’re not going to loan him the money. Anybody that listens to information from the boards, and this is even the good news that comes out of the boards, like “hey we got this contract here, we got this contract there” and he signs it rocket scientist, why would believe that?? If it’s bad news and he signs it, you know like, spaceman? Why would you believe that? We have instructed our vendors that for anybody that calls to get information to not give them information but just to take their name, address and phone number, or as much information as possible and we will answer the calls. And if somebody calls to harass or try to manipulate the stock, we have hired a legal firm. We already have in place a judgment against one shareholder that was trying to manipulate the stock.
This for your benefit, you want the stock to go up?
Stay away from the boards. They do not help you. If someone cannot not give their real name and real phone number it just doesn’t work.
"

~BB

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madmoney
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UNTIL I SEE IT I WILL NOT BELEIVE THE AUDIT IS DONE!!. IF IT IS THEN THERE IS NO VALID REASON TO WITHOLD THE CONTENTS, THERE ARE LEAGLE DISCLAIMERS WITCH CAN AND MUST BE ATTACHED TO THESE FILINGS WITCH WOULD COMPLETELY ABSOLVE THE COMPANY OF RESPONSIBILITY FOR ANY POTENTIAL ERRORS OR INCOMPLETE ENTRIES, ( ALL STATEMENTS ARE FORWARD LOOKING AND MATERIAL RESULTS MAY VERY SIGNIFICANTLY FROM THOSE POSTED. ) look familiar? it should anyone who ever did any DD on a pink has seen it. the audit is either incomplete or to damaging to release, there is no other reason to withold it!!. i love this company but i am sick of the bullshiit.
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Leo
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quote:
Originally posted by holmes:
Your professor gave you a fully prepared list of questions? Your right I should of went to clown school.
quote:
Originally posted by LEO:
quote:
Originally posted by holmes:
What ??????? Not buying that one.
Can I go to that school and get my maters in a week? MT I understand that some from the IHUB sent some emails. But a fully prepared list for him just before the CC. If there are answers to dodge he should be just fine with your help. He could just put a tape recorder on the chair, not even have to show up, and you could run down your list.

quote:
Originally posted by LEO:
Hey Holmes, Why not get Frank prepped for the quiz? If he's going to dodge a question he'll do it whether he knows what's coming or not. My professors let us know what's going to be on a test. If he knows what's coming and is ready maybe we'll get more questions asked in the short amount of time we have to ask them. I also have a feeling Frank knows what questions are coming anyway, they're all pretty obvious! I guess we'll see...


Uhh..ok, when was the last time you went to school?

Wow!
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holmes
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Now I do agree with that. The wording should be adjusted so that he has no choice answer. That is a good point MT, but still dont know why you would let frank have the final list before the CC. Unless someone is getting paid to get that list for him.

quote:
Originally posted by MillerTIME:
So guys, take some time out if you can, and look at that list, and try to word 1 or 2 of the top questions to where he HAS to answer it...

from this board we will probably get about 7 of those questions answerd...

man the audit being posted on the website would solve SOOOOO many of the questions if they release tommorrow before the CC..ahhaha


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madmoney
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of the twentysix questions posted here only seven are significant, who can tell me witch ones they are?
quote:
Originally posted by Peaser01:
1. Subscribers. How many subscribers do we have currently and what does this number include up to?

2. Straight up, what is the amount of shares in the:
-float
-OS
-common
-preferred
-authorized

3. At or near what number of subscribers do we think we will turn a profit. Some of the shareholders have guessed at 100,000.

4. The Financial page. We were promised a financial page and have still yet to see one.


5. 9,000,000 share blocks. What are these. Are these your dilution coming accross or the transfer of new shares into the market TO BE diluted?

6. What is the payback scheme for the repayment of the private investors.

7. What is the problem that makes our shell dirty, and what is required to clean this up.

8. We heard of this problem at the last CC what has been done to fix this and are these the same problems as mentioned at the open house.

9. What is the hiarchy of the company.

10. Will you be reporting at the end of this audit, if so we would like a timeframe in which to expect this to be done.

11. Can you explain how we have had 4 buybacks anounced in the last year and a half, but the o/s has increased. how is that possible.

12. Liquation by Satillete. Can you explain this company and what its about. Assests, reveneues, debt, etc.

13. Are the shares that the employess are the common stock or are they investing in Preferred stock.

14. We have heard recently of “big stars may be coming on”, Q XBOX games, Q cell phone games, and QTN shopping network to name a few. Will you be able to expand on these and other visions you have for Q in the next year?

15. NTI. Can you expain why you bought the company and also the revenues, costs, etc that the company brings into TMM.

16. Can you expand on being breakeven by January 2006 and profitable by May 2006 and are we still on track? Where will the buybacks begin? Where will the private investors be paid back?

17. How is the syndication of the Jack E Jett show, the Gay Rodeo, and the Reichen Show being paid for by Outtv, if at all.

18. Do you believe that once we become breakeven in January that the daily dilution by VERT will end?

19. Advertisers. How many do we have now and who are they?

20. International. Can you expain your thoughts on going international. Whether we would buy out the networks or just syndicate shows through them like outtv? What would be best case scenario in your eyes.

21. Shows. What shows we run and are they all being run by the Burbank studio? Can you confirm the rumor that we are looking at a studio in NYC?

22. Auditing Company. Could you at least tell us if the auditing company is a national audit company or a small mom and pop auditing company in palm springs.

23. google/comcast are going to pay aol $5b--just for their CONTENT.
are there plans for any partnerships for OUR content? Are there plans to market any of OUR shows like the apple/disney ($1.99 per show) partnership? How about sirius or xm radio

24. What percentage do the common shareholders own of QTN and TMM

25. Is there a board of directors? If so, who sits on this board?

26. What is the contingency plan if the CEO were to fall ill, or be removed, where he/she was unable to perform the daily functions of CEO?


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madmoney
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what is the question?
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DIGDOUGH
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MT your question sounds like a good one.
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Doctoall
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quote:
Originally posted by holmes:
Yet I still don't get it????????
You got people like Doctoall, MillerTIME, shikll, and also others from the hub, that seem awfully determined to get a list of question posted on the boards. We know Q reads the boards, Richard confirmed that. Why don't you just go ahead and fax him your list of questions 2 hours before the CC. If I were a Frank I would study the quesitions and be prepared " who wouldn't. I would think this only makes it easier to dodge the Facts.
Who's getting paid here?
Why get the list to the boards?
Did you guys cheat for him in high school too?

quote:
Originally posted by SingleDad703:
Yet another question for tomorrow.

Who does Q have advertising deals with?
Are any of these advertisers recipricating?

Why haven't we seen more Q advertising... remember the "media blitz" that was supposed to happen?


If you don't think that Frank already knows the questions that we the shareholders want answers to, then my friend you are sadly mistaken and have underestimated Frank. [Big Grin] Frank does not need a list to know what we want to know.

--------------------
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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MikeC
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BB and Digdough...I apologize for not getting this posted sooner. I've been at work all day...just got in.

But anyways, here was Richards reply to Clayton:

-----Original Message-----
From: clayton*mynetwire.com [mailto:clayton*mynetwire.com]
Sent: Monday, October 17, 2005 4:54 PM
To: Equity Relations, Inc.
Subject: RE:

Can I post this email to my fellow shareholders? Also, I can set it up
so that you can post unlimited for that day as there is a limit to how
much you can post.

Sounds good, I really like the direction of honesty that you guys are
shooting for. This in the long run will help the PPS, that is for sure.

Please let me know if you care whether or not I post this on the Hub.

Thanks,
Clayton

-----Original Message-----
From: "Equity Relations, Inc." <staff*equityrelations.com>
Sent: Mon, 17 October 2005 14:59:16
To: clayton*mynetwire.com
Subject: RE:

Clayton,

I would be happy to. As unconventional as this seems, I feel the true
shareholders should have a voice. I'll post next week after all
shareholders have had a chance to digest the CC.

I will post on the website the day and time.

Richard Brown
Equity Relations, Inc.
Creating Synergy Between Company and Investor
Office: 617-314-7379
Email: Staff*equityrelations.com
Web: www.equityrelations.com

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madmoney
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Originally posted by madmoney:

quote:
--------------------------------------------------------------------------------
Originally posted by madmoney:
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!!
--------------------------------------------------------------------------------

THIS IS THE MOST IMPORTANT QUESTION PERIOD!!!
--------------------------------------------------------------------------------

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...

so the wording has to be changed around--------------------------------------------------------------------------------------------------------- UNTIL I SEE IT I WILL NOT BELEIVE THE AUDIT IS DONE!!. IF IT IS THEN THERE IS NO VALID REASON TO WITHOLD THE CONTENTS, THERE ARE LEAGLE DISCLAIMERS WITCH CAN AND MUST BE ATTACHED TO THESE FILINGS WITCH WOULD COMPLETELY ABSOLVE THE COMPANY OF RESPONSIBILITY FOR ANY POTENTIAL ERRORS OR INCOMPLETE ENTRIES, ( ALL STATEMENTS ARE FORWARD LOOKING AND MATERIAL RESULTS MAY VERY SIGNIFICANTLY FROM THOSE POSTED. ) look familiar? it should anyone who ever did any DD on a pink has seen it. the audit is either incomplete or to damaging to release, there is no other reason to withold it!!. i love this company but i am sick of the bullshiit. IF THE AUDIT IS COMPLETE THEN IT SHOULD BE RELEASED IN IT`S CURRENT FORM. IF THEY THINK THEY CAN DELAY HOPING NEWS OF CARRIERS WILL PROP UP A CRAPPY AUDIT THEY ARE WRONG! IF THEY ARE CONCERNED ABOUT LOSING POTENTIAL INSTITUTIONAL INVESTORS OR ADDITIONAL CARRIERS BECAUSE OF A BAD LOOKING AUDIT THEN THEY ARE ALSO WRONG, THESE ENTITIES CARE AS MUTCH ABOUT THE STOCK PRICE AS WE DO, THE CURRENT LEVELS MAKE US A JOKE! NOTHING BUT AUDITED FINANCIALS WILL MOVE THE STOCK PRICE AT THIS POINT, NOT EVEN 100 MILLION POTENTIAL SUBS WOULD MOVE US MORE THAN 8 OR 10 TICKS FROM THIS LEVEL. THE COMPANY NEEDS TO FIGURE THIS OUT QUICK! ONLY AN AUDIT CAN SAVE US, EVEN A CRAPPY ONE! DISCLOSURE IS THE KEY AT THIS POINT UNTIL THEN WE WILL REMAIN A JOKE.

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Doctoall
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quote:
Originally posted by QBID'n:
BB and Digdough...I apologize for not getting this posted sooner. I've been at work all day...just got in.

But anyways, here was Richards reply to Clayton:

-----Original Message-----
From: clayton*mynetwire.com [mailto:clayton*mynetwire.com]
Sent: Monday, October 17, 2005 4:54 PM
To: Equity Relations, Inc.
Subject: RE:

Can I post this email to my fellow shareholders? Also, I can set it up
so that you can post unlimited for that day as there is a limit to how
much you can post.

Sounds good, I really like the direction of honesty that you guys are
shooting for. This in the long run will help the PPS, that is for sure.

Please let me know if you care whether or not I post this on the Hub.

Thanks,
Clayton

-----Original Message-----
From: "Equity Relations, Inc." <staff*equityrelations.com>
Sent: Mon, 17 October 2005 14:59:16
To: clayton*mynetwire.com
Subject: RE:

Clayton,

I would be happy to. As unconventional as this seems, I feel the true
shareholders should have a voice. I'll post next week after all
shareholders have had a chance to digest the CC.

I will post on the website the day and time.

Richard Brown
Equity Relations, Inc.
Creating Synergy Between Company and Investor
Office: 617-314-7379
Email: Staff*equityrelations.com
Web: www.equityrelations.com

Thanks for reposting, I posted this yesterday after market close [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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DIGDOUGH
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Qbid'n i'm not sure what your last post means. I wasn't expecting it or waiting for it.
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Doctoall
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Doctoall
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posted October 17, 2005 19:09
--------------------------------------------------------------------------------
Okay so we will get some Richard Brown Time: He will let us know when


From: Equity Relations, Inc[staff*equityrelations.com]
To: Wayne ********
Sent: Mon 10/17/2005 3:56PM
Subject: Re:Come Visit With Us

Sure Wayne, I’ll give you an hour as well.


Richard Brown
Equity Relations, Inc.
Creating Synergy Between Company and Investor
Office: 617-314-7379
Email: Staff*equityrelations.com
Web: www.equityrelations.com

-----Original Message-----
From: Wayne ********* [mailto:tm********.com]
Sent: Monday, October 17, 2005 6:33 PM
To: 'Equity Relations, Inc.'
Subject: Come Visit With Us

Richard, we sure would appreciate a visit from you here on Allstocks

Wayne *********
(916) ***-****

--------------------
"Be Careful Of Who's Toes You Step On Today, As They Could Be Attached To The Butt You Have To Kiss Tomorrow"

--------------------------------------------------------------------------------
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--------------------
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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MikeC
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Off topic, sorry....

MT, I work for Ford Motor Company. As an 11 year UAW member, I appreciate your posting of concern for my union brothers and sisters at GM. But the agreement goes beyond GM. It will affect all of UAW. Fortunately though, we've been expecting it and therefore have had plenty time to prepare.

Once the GM agreement is signed and ratification is complete, it's a done deal across the board with only little variance amongst the big three.

Thanks again

[ October 18, 2005, 18:48: Message edited by: QBID'n ]

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firefly
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http://biz.yahoo.com/iw/051018/098396.html

--------------------
don't sweat the small stuff.

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permanentjaun
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Same as above link:

Exciting Celebrity Co-Host Lineup on Q Television Network
Tuesday October 18, 6:21 pm ET


Q Television Announces Upcoming Co-Hosts for "The Queer Edge with Jack E. Jett"


BURBANK, CA--(MARKET WIRE)--Oct 18, 2005 -- Q Television (Other OTC:QBID.PK - News), America's groundbreaking network for gays, lesbians, bisexuals and transgendered individuals, has announced today an all-star lineup of guest co-hosts appearing on "The Queer Edge with Jack E. Jett," which is also syndicated to Canada's OUTtv.
The co-host schedule for upcoming episodes of "The Queer Edge with Jack E. Jett," which airs nightly on Q Television Network at 12:30 AM (EST) is:

-- 10/17, 18 - Judy Tenuta, Comedian
-- 10/24, 25 - Butch Patrick, "Eddie Munster"
-- 10/31, 11/1 - Julie Brown, Comedian
-- 11/7, 8 - Billy Bean, Former Major League Baseball Player and Author
ADVERTISEMENT


A nightly talk show like nothing you've ever seen, "Queer Edge with Jack E. Jett" takes comedy to a whole new level. Host Jett focuses on pop culture and subculture with a cutting edge that is dynamic, witty and downright zany. The show covers everything from arts and news to celebrities and internet subcultures -- all from a refreshing GLBT perspective. "Queer Edge" gives viewers a truly out-of-this-world experience as they are launched into the outlandish conversations between Jett and his hosts. Jack E. Jett's "Queer Edge" encompasses all that is queer in the world of counter-culture, in an effort to show that the word "queer" is more that just a term for gays.

About Q Television

This 24/7 premium television network is organized to create, develop and feature television programming for the gay and lesbian community, including live & interactive content every weeknight, plus sports, information and entertainment. While the company expects much of its subscriber base to be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public.

The company's programming is available on a subscription basis to those desiring to subscribe. The network is telecast 24 hours per day, 7 days per week. Providing distribution via satellite ensures availability of the network across the United States, including Alaska, Hawaii and Puerto Rico. Q Television Network is the official network of Gay Games® VII. The network is also ad-supported. For further information on programming and subscriptions, please visit www.qtelevision.com.

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MikeC
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You gotta love the new addition to our PR's [Big Grin]

Priority is a powerhouse...don't think otherwise.

Contact:
MEDIA CONTACT:
Jim Strzalkowski
T: 818-338-3555
Email: jim*prioritypr.net

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doctonone
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People are still throwing money at this thing?
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MikeC
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quote:
Originally posted by DIGDOUGH:
Qbid'n i'm not sure what your last post means. I wasn't expecting it or waiting for it.

I mentioned this in my PM.

Richard: "I'll post next week after all
shareholders have had a chance to digest the CC."

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davidjanas
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whats up i just came back from the studios in burbank..they are doing major production there with over 60 people workin on shows and other rooms full of meeting and there private investors..they are really really busy..it was good to see
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4Art
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Why not? It's the most fun you can have with your pants on.

quote:
Originally posted by doctonone:
People are still throwing money at this thing?


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HighSide
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david

thanks for your eyewitness reports makes me feel better about my investment

EMB

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MillerTIME
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quote:
Originally posted by firefly:
http://biz.yahoo.com/iw/051018/098396.html

lol, i have no idea why they PRd that an espically this late in the day!!

im not mad or happy, just neutral, and find it interesting!!ahahhahhah

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

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Marty
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from the past, but still interesting reading:
http://www.fcc.gov/Bureaus/Mass_Media/Orders/1999/da991230.txt
http://www.commercialcloset.org/cgi-bin/iowa/?page=column&record=49
http://www.motherjones.com/news/mustreads/2001/01/013001.html
http://www.glinn.com/news/05000101.htm
http://www.newradiostar.com/NEWS/newseptoct99.htm
http://www.gfn.com/tools/printstory.phtml?sid=376

--------------------
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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davidjanas
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the production manager at q in burbank told me "we have so many guests that want to go on our show" ..we are so busy with programming that the stars barely have enough time to go smoke a ciggarette.thats what one of the stars told me. then i go back to the conference room where franks office is...and i hear josh fountain talkin to a network about his show.so there must be something going on over there.
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buckwheatbob
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quote:
Originally posted by g-invest:

I'm the biggest baby of them all

Finally an admittance from the man himself. ROFLMAO!

--------------------
Buckwheat

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davidjanas
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hey guys..can anybody tell me what time exactly is the cc??
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DIGDOUGH
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quote:
Originally posted by MillerTIME:
quote:
Originally posted by firefly:
http://biz.yahoo.com/iw/051018/098396.html

lol, i have no idea why they PRd that an espically this late in the day!!

im not mad or happy, just neutral, and find it interesting!!ahahhahhah

They're just rubbingall the success and money in our faces to tease.
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BT
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This stock is still around? Gees. Frank must own a farm.

Cause there's no way he could have bought that many carrots.

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Penny-Trader
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quote:
Originally posted by betting babe:
I have to point out that I, also, have tried to DD this information to no avail.

I was really curious if anyone could come up with a source that didn't obviously originate from a company-supplied bio... and nobody has yet.

So I have no proof one way or the other as to Frank's reputation, and I don't think it matters much given that he's already on the job. But when it is said that he "created numerous channels" etc.. well i still see no proof in that.


[/QB][/QUOTE]


Sorry this is going to be long but you need to see it
http://ftp.fcc.gov/Bureaus/Mass_Media/Orders/1999/da991255.txt

Before the
Federal Communications Commission
Washington, D.C. 20554

In the Matter of )
)
Washington Broadcast Management Co., Inc. )
)
Former Licensee, KNTB(AM) )
Lakewood, Washington )
)
For a Forfeiture )

FORFEITURE ORDER


Adopted: June 24, 1999 Released: June 25, 1999

By the Chief, Mass Media Bureau:

1. The Commission, by the Chief, Mass Media Bureau, acting pursuant to authority delegated by
Section 0.283 of the Commission's Rules, has before it: (1) a Notice of Apparent Liability ("NAL"),
released on December 16, 1998, to Washington Broadcast Management Co., Inc. ("WBM") for willful and
repeated violations of the Communications Act and the Commission's rules with respect to the operation of
Station KNTB(AM), Lakewood, Washington; and (2) a response ("Response") submitted by Fred
Lundgren ("Lundgren"), which was received on February 8, 1999. In the NAL, we concluded that WBM
apparently violated Section 310(d) of the Communications Act of 1934, as amended, 47 U.S.C.  310(d),
and Section 73.3540 of the Commission's Rules by transferring control of the station's license without prior
Commission authorization. We also concluded that WBM apparently violated Section 73.1125 of the
Commission's Rules by failing to have a meaningful managerial and staff presence at the station's main
studio.

2. The NAL proposed a forfeiture of $8,000 for the unauthorized transfer of control and $7,000
for the violation of the main studio rule. Lundgren seeks a rescission of the forfeiture. For the reasons that
follow, we conclude that rescission is not appropriate and that the forfeiture imposed on WBM should
remain at $15,000.

Background

3. We issued the NAL because written submissions to the Commission revealed that Lundgren and
Jerome Friemel ("Friemel"), the persons who legally controlled WBM, sold without prior Commission
authorization all of their stock to Triangle on December 17, 1997. Consistent with this action, Lundgren
resigned as president of WBM and was replaced by Frank Olsen ("Olsen"), Triangle's president.
Thereafter, at least up to the date of the NAL, it appeared that Olsen continued to act as WBM's president,
and, as such, exercised operating control over the station.


4. In addition, we concluded that, beginning February 1, 1998, and continuing at least up to the
date of the NAL, WBM did not have a meaningful managerial and staff presence at the station's main
studio. Our conclusion was based on Lundgren's response to our letter of inquiry ("LOI"). That response
indicated that WBM's only management personnel at KNTB(AM) also had similar responsibilities at
KBRO(AM), the main studio of which was some 30 miles away. Lundgren's response also related that a
receptionist who greeted visitors to the main studio was not paid by WBM but was a paid employee of the
lessor of the building in which the KNTB(AM) main studio was located.

Discussion

5. Unauthorized Transfer of Control. In the Response, Lundgren contends that a WBM attorney,
Ben Duncan, Esq. ("Duncan"), maintained control over WBM stock transfers and never relinquished
control to Olsen. Lundgren supports his position with a letter dated January 22, 1999, from Duncan who
asserts that the WBM/Triangle contract was never fulfilled and that the assets and control of WBM were
never transferred to Triangle. Lundgren also disputes that he admitted in his LOI response to having
illegally transferred ownership and control of WBM to Triangle. Rather, Lundgren argues that he did no
more than acknowledge that he resigned as WBM's president and that Olsen replaced him. Finally,
Lundgren cites to a record of his telephone contacts with respect to the station (and KBRO(AM)) in 1998
as evidence that he never ceded control of the station to Triangle.

6. Lundgren's arguments are not persuasive. In his LOI response, Lundgren acknowledged not
only his resignation as WBM's president but also the resignation of the entire WBM board as a
consequence of the December 17, 1997, agreement between WBM and Triangle. In addition, Lundgren's
LOI response admitted that: (1) Triangle "has supplied continuous programming to these WBM owned
stations;" (2) Olsen and Carlos Tynes, Triangle's program director, make programming decisions; (3) Olsen
and Rene Schenk, Triangle's comptroller, together with two WBM employees, handle the finances of the
station; and (4) Olsen hires and fires personnel. Consistent with this information, Olsen's LOI response
contained the unequivocal statement: "At the present time [September 1998] Triangle Broadcasting
Company owns 100% of stock in Washington Broadcast Management Company."
In short, the LOI
responses made it plain that, prior to Commission authorization, Triangle, a new entity, had taken legal
control of WBM as well as control over the day-to-day operation of the station from Lundgren and Friemel.
To the extent Lundgren remained involved with the station, he did so only as an employee of Triangle in
accordance with the December 18, 1997, employment contract that he and Olsen signed. Moreover, we can
ascribe little value to the log of telephone calls made by Lundgren. The great majority of those calls were
to Triangle's office in Palm Springs, California. Lundgren does not explain how a log of such calls
demonstrates Lundgren's control over a station located in Washington. Accordingly, we conclude there is
no basis for rescinding this aspect of the NAL, nor is there any basis for reducing the $8,000 forfeiture for
the unauthorized transfer of control..

7. Main Studio. Lundgren's Response includes a letter from Timothy C. Mauch ("Mauch"), who
addresses the NAL's conclusion that KNTB(AM) apparently was in violation of the staffing aspect of the
main studio rule. Initially, Mauch identifies himself as the station's chief operator and de facto general
manager. Mauch disputes the NAL's conclusion that because he and WBM's business manager, Chris
Handley ("Handley"), "float" between the KNTB(AM) and KBRO(AM) main studios, neither had an
adequate management presence. Rather, he contends that the Commission should find that the two spent
sufficient time at both and thereby conclude that no violation occurred. In this regard, Mauch relates that,
in addition to being on call 24 hours a day, seven days a week, he worked a standard five-day work week.
However, Mauch does not state where his office or offices were nor how much time he spent at those
locations. Mauch further states that, in any event, since October 30, 1998, there has been only one main
studio site for both stations and that he uses that site as his home base of operations. With respect to the
NAL's findings concerning the station's receptionist, Mauch does not contest that the individual is paid by
the lessor of the building. However, he asserts that WBM trained the individual to greet the public and
answer questions and that the cost of employing the individual is shared by several businesses and added to
the monthly rental fee paid to the property owner each month. Moreover, he contends that the receptionist's
performance is a prerequisite of WBM's pro rata payment of the receptionist's wages through payment of
the rental surcharge. In Mauch's view, the situation with respect to the employment of the receptionist is
similar to the one found acceptable in W-Air, Inc., 11 FCC Rcd 9434 (MMB 1996). In that case we found
that the former licensee had complied with the full-time staff presence requirement of the main studio rule
where it had employed a book store owner, who shared a common entrance with the station, greeted visitors
and attended to the business of the main studio during normal business hours.

8. Having carefully considered the foregoing, we conclude that Lundgren has resolved some, but
not all, of the concerns we had about the staffing of the main studio. Specifically, it appears that, after
October 30, 1998, at least two management personnel have been available at the KNTB(AM) main studio
during the normal business hours. Thus, from that date forward, we conclude that no violation of the rule
has occurred. However, prior to that time, it appears that KNTB(AM)'s main studio was attended, if at all,
only by a receptionist, not a management-level employee. There is nothing before us to show that Mauch
and/or Handley (or any other management-level person) maintained a presence at the station's main studio
between February 1, 1998 and October 30, 1998. Therefore, even if we consider the receptionist a
KNTB(AM) employee for purposes of staffing, we are constrained to find that the main studio periodically
was left unattended by management-level staff during that period. We thus conclude that violations of the
staffing aspect of the main studio rule occurred and that there is no basis for rescinding or reducing the
forfeiture proposed in the NAL. See KLDT-TV 55, Inc., 10 FCC Rcd 3198 (1995); KQQK, Inc., 10 FCC
Rcd 132 (MMB 1994). See also, W-Air, Inc., supra, where the forfeiture was rescinded because the
former licensee established that it had maintained both a management and full-time staff presence at the
station's main studio during normal business hours.

9. Accordingly, IT IS ORDERED, that, pursuant to Section 503(b) of the Communications Act
of 1934, as amended, 47 U.S.C.  503(b), Washington Broadcast Management Co., Inc. FORFEIT to the
United States the sum of fifteen thousand dollars ($15,000) for willful and repeated violations of Section
310(d) of the Communications Act of 1934, as amended, 47 U.S.C.  310(d), and Sections 73.1125 and
73.3540 of the Commission's Rules, 47 C.F.R.  73.1125 and 73.3540. Payment of the forfeiture may be
made by mailing to the Commission a check or similar instrument payable to the Federal Communications
Commission in accordance with the instructions included with this Forfeiture Order.

10. IT IS FURTHER ORDERED, that a copy of this Forfeiture Order be sent by Certified Mail
- Return Receipt Requested to Washington Broadcast Management Co., Inc.


FEDERAL COMMUNICATIONS COMMISSION


Roy J. Stewart
Chief, Mass Media Bureau

--------------------
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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derksterca
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quote:
Originally posted by Aleks:
A wise man once told me, never buy in at an all time low....

If you must buy, buy at an all time high..

And you know what, watching this stock... and all of the mumbo jumbo talk that goes on here about this being the bottom blah blah blah, I realize that he may have been right.

would that translate to buy high, sell low/
even fred flintstone knows better!!!

btw.... i think this is my first post to this board..whooopeeee

i think there are a lot of breath holders out there waiting for the audit etc...feeling their pants fill up with doo doo, cause they don't realize the potential of a little time...gotta have some patience people....or maybe they have been watching the channel, and have lost control due to too much....nevermind

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Rasica
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--------------------
All IMHO. Do not rely upon anything I post to base your financial decisions upon.

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firefly
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quote:
Originally posted by davidjanas:
hey guys..can anybody tell me what time exactly is the cc??

10/7/2005 - Shareholder Conference Call

Due to an exceptionally large amount of live Q programming being shot in Burbank the week of October 9th, the shareholder conference call will be held on Oct.19 at 6:00 PM EDT.



*** The open house being held on Oct.11 will go on as scheduled







Conference Details:



Date/Start/Time: Wednesday Oct 19, 2005 at 6:00 PM EDT



Duration: 60 Minutes



Speakers:



Frank Olsen CEO Q Television Network, Triangle Multi Media



Dial In Information:



Dial In # 866-700-7477



Dial In# International: 617-213-8840



Passcode: 79300844

http://www.qtelevision.com/site/investorinfo.asp

--------------------
don't sweat the small stuff.

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