posted
He says not every one of his shares has been converted to preferred. (just because haven't had a chance to get it done). question: Who do you feel is selling the stock. Answer: started with stock in no where land (where we are today). Frank needed to issue stock to get the assets we have today. The strenght and income will give a company that is making money.
Posts: 118 | From: Tampa & Ft Myers, Fl | Registered: Jun 2005
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posted
7 times "Nowhere Land" is still Nowhere land....
-------------------- "Please note that every week from now until the end of time is a 'coming week.' " Posts: 512 | Registered: Sep 2005
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Frank admited that the people he gave restricted shares too are the ones selling shares...
He said that they are almost gone/sold!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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posted
has given restricted stock to some people about two years ago. The restricted stock is almost all gone now. (sounds like he is saying the new stock coming on the market is the restricted stock). When the audit comes out you will see that the market cap is much lower than the assets (real assets)
Posts: 118 | From: Tampa & Ft Myers, Fl | Registered: Jun 2005
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posted
gave stock for film library....that's what hitting the market and almost done...
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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posted
We are going to run out of time before all the questions get asked.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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so the now-unrestricted shares being sold came from the film library purchase 2 years ago. what did Q buy 2 years ago?
Posts: 2651 | Registered: Apr 2004
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Questioner is challenging the way the introduction of restricted shares is bring down the pps. He says it has almost all come through. Once we start up and get everything put together we will get monthly income from subscribers. Overhead is then limited (given a lecture on Business 101)
Posts: 118 | From: Tampa & Ft Myers, Fl | Registered: Jun 2005
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-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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posted
Frank says he will never sell a share without informing us. Will not roll the stock back. Will not increase the outstanding stock without informing shareholders in advance. the only way he would do it is to buy a movie series that has 310 episodes. Mary Hartman, Mary Hartman is the series. That is the only reason he would increase shares (restricted shares)
Posts: 118 | From: Tampa & Ft Myers, Fl | Registered: Jun 2005
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posted
Yuck, Mary Hartman. I'm so depressed, I think I'll crawl and hide under my kitchen sink.
-------------------- Experience is something you don't get until just after you need it. Posts: 118 | From: Boulder, CO, USA | Registered: Dec 2003
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Question: Do you have a handle on net worth Answer: I believe we have a billion dollars in assests. Liabilities less than 10 million dollars.
Posts: 118 | From: Tampa & Ft Myers, Fl | Registered: Jun 2005
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-------------------- "Please note that every week from now until the end of time is a 'coming week.' " Posts: 512 | Registered: Sep 2005
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Anxious to get audit out (no date). Reason DVD is delayed is because Scott is in Paris. It will be mailed.
Posts: 118 | From: Tampa & Ft Myers, Fl | Registered: Jun 2005
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Question: What is the net revenue of QBIB for FY05 Answer: no net revenue, running at a loss. can't say was the gross reveuen is. That will be in the audit (he said in next few weeks).
Posts: 118 | From: Tampa & Ft Myers, Fl | Registered: Jun 2005
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-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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posted
Networks take a lot of time to develop but when you sell them they sell for billions. When we sell this network the shareholders will get the money.
Posts: 118 | From: Tampa & Ft Myers, Fl | Registered: Jun 2005
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quote:Originally posted by FatherOfTwo: .0005 or lower here we come!
I'd buy at that level and feel OK.
-------------------- "Please note that every week from now until the end of time is a 'coming week.' " Posts: 512 | Registered: Sep 2005
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