posted
Actually, 60 days from Sept 21 is either Sat Nov 19th (if you include the 21st of Sept) or Sun Nov 20th.
Either way, we are now going by what Frank told DJ, after hours on Friday.
quote:Originally posted by Bottomliner:
quote:Originally posted by Maestro232: ... until I see friday pass by without the audit results.
Maestro Not sure why you are expecting the audit on Friday. Several others have said the same thing, but if I remember correctly, Frank said within 60 days of September something, and we calculated 60 days to be Monday, Nov 21.
Please, everone, let me know if I am wrong. I am not trying to "extend" the audit deadline. This is just what I remember. I didn't plan to be online Friday . . . now I may change my plans.
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And Class Action? come on...dont'cha need a cause of action?
And as for voting...I presume there would need to be a shareholders meeting called--not sure what Washington State corp governance structures are like, however.
Then again, since this is non-reporting equity...can anyone really tell me what rights and obligations shareholders have? and for that matter, Officers of the company?
I suspect Pinkys are able to operate a bit looser than reporting companies.
I'm doing the only thing I can right now...sitting tight.
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quote:Originally posted by polo1110: That was a joke Sam, but I have to add that I feel we have more than enough information. 44 bil O/S and 60 A/S, leaving 10-16 bil to use on the series.
That increases the O/S to 60 bil (if it isn't raised again) and my piece of the pie continues to crumble away before I even get a bite.
I consider that plenty of information already.
If they are doing well, they don't need to fund this through restricted shares, they should just get a loan.
You have a good point and I am inclined to go along with you, but others have also made some good points about how much money could be made off the series if we end up with all the rights.
You can't build a business without some investments, so in order to make a good decision you would need to know what we stand to gain vs. the cost to the business. I have to agree with you that at this point in time (with this low PPS) it would not be a good business decision to trade a whole slew of shares for the MH series.
posted
If dj got good information from Frank then the audit will be released on the eve of my birthday. A good audit report would be a GREAT present!
-------------------- The opinions expressed here by myself and others should be taken for what they are: opinions. Beware, many express opinion as fact. Do your own research from reputable sources and never invest more than you can afford to loose. ~,-,-< GatorMan
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posted
One last thing...blessed are those who expect nothing, for they shall not be dissapointed.
Please think of that before you put stock in a conversation that may or may not have taken place with Frank regarding the release of the audit. It will only cause more aggravation and leave you fuming over the weekend.
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posted
The poll is to get a feel for how many people felt it was a good investment, as I personally don't think it is at this point in time.
quote:Originally posted by Ad astra: What is the use of the Poll?
And Class Action? come on...dont'cha need a cause of action?
And as for voting...I presume there would need to be a shareholders meeting called--not sure what Washington State corp governance structures are like, however.
Then again, since this is non-reporting equity...can anyone really tell me what rights and obligations shareholders have? and for that matter, Officers of the company?
I suspect Pinkys are able to operate a bit looser than reporting companies.
I'm doing the only thing I can right now...sitting tight.
-------------------- 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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posted
It doesn't really matter as QTN released a PR stating the audit would be released 60 days from Sept 21. People have a right to be angry come Monday if there is no audit, as they have been lied to once again.
quote:Originally posted by Ad astra: One last thing...blessed are those who expect nothing, for they shall not be dissapointed.
Please think of that before you put stock in a conversation that may or may not have taken place with Frank regarding the release of the audit. It will only cause more aggravation and leave you fuming over the weekend.
-------------------- 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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quote:Originally posted by polo1110: So are you saying you are boycotting my poll?
polo I also won't take part in your poll. Nothing personal, and I usually agree with your comments.
But I don't have enough information about the MH deal to make such a decision at this time. I like the thought of Q owning the MH series. But it depends on the deal. A good deal at one price may not be a good deal at a higher price, especially if the deal adversely affects other company projects. If you can factor these comments into your poll, please do so.
-------------------- Everything I say is only my opinion ... right or wrong.
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posted
What we are primarily angry about is lack of information which leads to assumptions, usually on the negative side. If Frank and his people communicated with the shareholders in a more regular and timely fashion, I don't think we would have much doubt or concern. We only seem to get information when we twist their arm a little.. and we are getting tired of that situation..
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posted
If you have a 24 hour program you have to fill it with something. Why MH,MH because it is contraversial, funny and has not been seen it 30 years. Once the other stations see the response they will want it and we own the rights. $$$$ Has anyone thought that the reason it was done now is because he negotiated a low price. He is a damn good negotiator
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quote:Originally posted by polo1110: While I agree there a lies flying all over the place with this stock, if this pops you guys are going to feel like some real jacka**es.
Don't worry Polo we will have plenty of the house special "Crow Pie" for those doubtful who show up at the Vegas party It has been most interesting watching this thread over the past 2 weeks. Plenty of posters have shown their true colors.
GO QBID!!!!! Long, Strong, Holding
-------------------- 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
You guys are getting WAY TO technical. If Mary Hartman costs 5 million dollars (10 billion extra o/s shares), do you want to pay for it or not?????
This isnt a question of how they are doing, as we know how Frank intends to pay for this, with o/s shares.
I don't think they will have to right to sell DVDs at only 5 mil, I would guess this is just the right to air the show.
If true, that mean you MH fans think that this show wil bring more subscribers? Not at 10 bucks a month.
Sorry I went off there a little, BL, as you don't have to vote and I don't mind if you don't, but I felt compelled to clear some things up after the second post about not voting.
quote:Originally posted by Bottomliner:
quote:Originally posted by polo1110: So are you saying you are boycotting my poll?
polo I also won't take part in your poll. Nothing personal, and I usually agree with your comments.
But I don't have enough information about the MH deal to make such a decision at this time. I like the thought of Q owning the MH series. But it depends on the deal. A good deal at one price may not be a good deal at a higher price, especially if the deal adversely affects other company projects. If you can factor these comments into your poll, please do so.
-------------------- Still holding, Still waiting, ...
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posted
Are any of the doubtful even left with enough shares to buy a Vegas ticket. I am beginning to hope not. lol
quote:Originally posted by Doctoall:
quote:Originally posted by polo1110: While I agree there a lies flying all over the place with this stock, if this pops you guys are going to feel like some real jacka**es.
Don't worry Polo we will have plenty of the house special "Crow Pie" for those doubtful who show up at the Vegas party It has been most interesting watching this thread over the past 2 weeks.
GO QBID!!!!! Long, Strong, Holding
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posted
I keep reminding myself that MH, MH may or may not be a good investment, I don't know. What I do know is the AS is now 60 BILLION. Thanks MT for your post, and thanks also Whiz for yours, all we can do at this point is see what Frank has up his sleeve. GLTA.
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quote:Originally posted by a4realguy: What we are primarily angry about is lack of information which leads to assumptions, usually on the negative side. If Frank and his people communicated with the shareholders in a more regular and timely fashion, I don't think we would have much doubt or concern. We only seem to get information when we twist their arm a little.. and we are getting tired of that situation..
But we also set ourselves up to get angry. We try to pin down a date for a PR for this, that or the other thing and he gives us his intention. When the date is missed we call him a lier. Now he may well be, but we must also consider that in the business world deadlines are missed all the time. Let's face it, even when we are told that the deadline will be missed we get pissed.
I think Frank would be wise to simply say, unless he knows absolutly, that there will be a PR when there is a PR.
-------------------- The opinions expressed here by myself and others should be taken for what they are: opinions. Beware, many express opinion as fact. Do your own research from reputable sources and never invest more than you can afford to loose. ~,-,-< GatorMan
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quote:Originally posted by polo1110: ... 44 bil O/S and 60 A/S, leaving 10-16 bil to use on the series.
polo I understand what you are saying and have the same concerns about raising the A/S and O/S. But at this point, we don't know how many shares Frank expects to pay for the MH series. Raising the A/S by 10B doesn't mean he will spend it all. He may have raised it by an "even" 10B when he expects to spend only part of it. Remember that raising the A/S doesn't mean he has to spend it all. It's just there in case he needs it.
I agree that most companies do not raise the A/S unless they expect to spend it on something, but until that happens, we don't know how much Frank is willing to pay for MH. And I don't want to know until he has negotiated the best possible deal (assuming he goes through with it).
Just trying to be as calm and rational as possible. Not trying to fight with anyone.
-------------------- Everything I say is only my opinion ... right or wrong.
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posted
The reason it is a concern now, and you may want to concern yourself with it, is we were told that will be the only reason the O/S will be raised. In addition, we were told we will vote on it as shareholders, while Frank "abstains" from the vote.
quote:Originally posted by Ad astra: One question...do we even know if the Mary Hartman deal was struck?
Until I read an official release, i'm not even going to worry about it.
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quote:Originally posted by Sam1959: DJ said he was told it would be released Friday after hours.
Thanks, Sam. Now I understand. I had Nov 21 in my memory banks and forgot about DJ's comments. Although I believe DJ, I still won't be concerned until Monday.
-------------------- Everything I say is only my opinion ... right or wrong.
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posted
Ok.. I have been reading the last few pages about MH this and that....
I can't believe that Frank has raised the A/S again, even after he said in the CC that he would exclude his shares and seek Shareholder approval before doing anything like this. Furthermore, now that he has raised the A/S supposedly for this acquisition, we must remember that he will be awarding himself a chunk of shares to maintain his 53% majority ownership, therefore, we should be able to calculate the following price he is paying:
using the pps of .0005 * 4.7 Bill shares * 75% (minimum 25% discount on the shares) = $1.76 mill
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And, I found an article stating what it cost hallmark to get the "exclusive cable TV rights" to the "wildly" successful 11 seasons of MASH (60 mil). Which once again leads me to believe Frank wants to by the rights to rerun the show, not to sell DVDs and VHS and so on.
Tuesday, July 02, 2002 Hallmark buys 'MASH' reruns; Cable channel will begin airing show in fall 2003 The Hallmark Channel, the network owned by Crown Media Inc., announced Monday that it had obtained exclusive cable TV rights to the ageless sitcom "MASH." Industry reports say the multiyear deal with Crown Media, which is two-thirds owned by Hallmark Cards Inc., was worth at least $60 million - not bad for a show that signed off the air 19 years ago. "MASH," which ran 11 seasons on CBS, will begin airing in fall 2003 on the Hallmark Channel. The show now airs up to eight times a day on the FX channel, which like Twentieth Television, the studio that produced "MASH," is owned by media giant News Corp. The cable rights to all 255 episodes will not affect the show's broadcast rights. WDAF-TV (also owned by News Corp.) airs "MASH" repeats at 11:30 p.m. weeknights in Kansas City. Only a few programs have stood the test of time and become classic TV shows. "MASH" occupies a unique place in that pantheon. Viewership eventually drops off sharply for nearly every off-network program, but "MASH" is an evergreen that just keeps pulling in viewers and making money. David Kenin, executive vice president for Crown Media United States and Hallmark Channel's top programmer, said he was thrilled to win the rights to "MASH." "This is a show that has enduring equalities, genuine moments, genuine characters," Kenin said Monday in a telephone interview. "Somehow it continues to be relevant to new generations of audiences." Though Kenin would not confirm dollar amounts, the Hollywood Reporter stated that Hallmark Channel agreed to pay $250,000 to $300,000 an episode. By comparison, "Will & Grace," a much fresher sitcom that has never aired in repeats, begins its off-network run this fall on Lifetime, which is paying $400,000 an episode. David Lee Smith, a media analyst with RBC Capital Markets, said that on the surface, the deal appeared to be a good move. "I think it's probably positive, and it's popular programming, and they're building up a pretty good repertoire of such programming," Smith said. "At initial glance, the price looks about right." Crown Media's stock, which is traded on the Nasdaq market under the ticker symbol CRWN, closed Monday at $6.80, off $1.09. Kenin, who joined Crown Media in January, pioneered the acquisition of off-network properties for cable television. At USA Network in the late 1980s and early '90s, he built a successful lineup of reruns, including "Murder, She Wrote," "Miami Vice" and "MacGyver." At first glance, "MASH" may seem an odd match for the Hallmark Channel, a network that prides itself on family-friendly entertainment. Most episodes carry a "TV-PG" rating. But Kenin noted that the show's strong, sometimes preachy, messages and the camaraderie among the staff of the fictional 4077th mobile Army hospital were an excellent fit for Hallmark. "It is a show about values and about family - not a traditional family in the sense of mother and father and children in a home, but a show about relationships that serve as a surrogate family," Kenin said. "I can't think of a show we'd rather be associated with." Industry sources agreed that "MASH" was a good acquisition for Hallmark, though it would appeal mainly to older viewers. "Is it going to get a younger audience? Probably not," said Tim Brooks, senior vice president of research for Lifetime. "But will it retain that classy image that the network wants? Probably it will." To reach Aaron Barnhart, call (816) 234-4790 or visit the TV Barn Web site, www.tvbarn.com. The Star's Jennifer Mann contributed to this report.
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posted
SOME of us are speculating the reason the 0/S was increased to purcahse MH. I dont think so... If we take the O/S at current PPS = 5M. I could think of better things to do with 5M at this point in time than to purchase some cheesy MH films. Frankie boy has 6-7 months to get into 150 markets for Gay Games. I would those shares and sell them and then take that money and get Dish or DirecTV - and pay their 250-300K per month fee for carrying us. I would have done that months ago. But, what the hell do I know - Im not the CEO of TTM/QTN. IMO
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quote:Originally posted by tomr929: ...Has anyone thought that the reason it was done now is because he negotiated a low price. He is a damn good negotiator
tom Good point.
-------------------- Everything I say is only my opinion ... right or wrong.
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quote:Originally posted by Dew-it: SOME of us are speculating the reason the 0/S was increased to purcahse MH. I dont think so... If we take the O/S at current PPS = 5M. I could think of better things to do with 5M at this point in time than to purchase some cheesy MH films. Frankie boy has 6-7 months to get into 150 markets for Gay Games. I would those shares and sell them and then take that money and get Dish or DirecTV - and pay their 250-300K per month fee for carrying us. I would have done that months ago. But, what the hell do I know - Im not the CEO of TTM/QTN. IMO
posted
Man, FOT, I didn't even consider the fact that he had to issue more to buy himself to keep his majority. I had already determined MH wasn't worth anything to QTN as it wouldn't bring in new subscribers, but now to pay that much more just so Frank can defend himself from a hostile takeover makes the deal even worse.
quote:Originally posted by FatherOfTwo: Ok.. I have been reading the last few pages about MH this and that....
I can't believe that Frank has raised the A/S again, even after he said in the CC that he would exclude his shares and seek Shareholder approval before doing anything like this. Furthermore, now that he has raised the A/S supposedly for this acquisition, we must remember that he will be awarding himself a chunk of shares to maintain his 53% majority ownership, therefore, we should be able to calculate the following price he is paying:
using the pps of .0005 * 4.7 Bill shares * 75% (minimum 25% discount on the shares) = $1.76 mill
-------------------- 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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posted
Well if he is such a good NEGOTIATOR - then he should get off his ass and negotiate a reasonable PPS. LOL!
quote:Originally posted by Bottomliner:
quote:Originally posted by tomr929: ...Has anyone thought that the reason it was done now is because he negotiated a low price. He is a damn good negotiator
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