posted
I'm glad to see some word about that audit. It is officially done. No debate about that now, only what it contains.
The pps still continues this slow burn. It is painstaking to watch. At this point, I wonder how Frank Olsen feels about it. If it were me, I'd figure "hey, this is pretty much rock bottom. there are only 5 more ticks to go." Perhaps the mention of a meeting to develop the financial structure of Q will do something about this dismal pps. If it goes down below .0005 I think people will load up just in case it does rebound.
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But Frank never said he would release the audit on the 31st, he released a hint that he would like to. In my eyes, it was not going to happen. As I believe many have posted the 20th will be the dead line.
quote:Originally posted by DIGDOUGH:
quote:Originally posted by polo1110: Anyway, if you want to get real technical, didn't Frank say the audit would be completed by the end of October? I can't remember but I don't think he promised it to us right away. I don't understand why we can't see it right away, but with all the complaining (I am a part of it so don't think I am talking down to anyone) we forgot that it could be completed and not released by the end of October. Pretty weak, but still true. Hopefully that means we still get to see all the info by Nov 20.
Looks like a lot of regular people in here. A lot of jonesing going on and in some respects for good reason. Unfortunately Frank bellowed out at the top of his voice that the audit would be out at the end of october. At least he responded with something, instead of us having to feel like a bunch of fools (clowns?) for a change.
posted
Well the idiot investor here has a question. Just what is everyone expecting from the audit? and what will it all mean?
-------------------- M.M. Semester #3 started,Only 7 more semesters to go. Why, in an age where information is so easy to get, cant we find information on one man. Experience is something you dont get until just after you need it.
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quote:Originally posted by Monopoly Money: Well the idiot investor here has a question. Just what is everyone expecting from the audit? and what will it all mean?
I am not sure how to take his last sentence which states that based on the results they are immediately convening a meeting of senior management. Either they are really excited, or really panicking. I would guess that since he gave 3 very good hints regarding the audit results that it is excitement. I am seriously hoping they will do big things for the pps now. Like a massive buyback.
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-------------------- M.M. Semester #3 started,Only 7 more semesters to go. Why, in an age where information is so easy to get, cant we find information on one man. Experience is something you dont get until just after you need it.
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posted
wow that was quite a bit of reading.im going to be a bit like bottomliner and say that i like the news its hard for me to see anything negative with qtv as i really like the idea of what frank is trying to do.i always see the silver lining so to say as i have put way too much into this to start to doubt it now.if i am to be a major bagholder than so be it but if we downtick even just a bit more im going in again with a few more shares to avg down a bit.i dont beleive this will ever hit .0001 on the ask but i think realisticly if people start to panic which it seems they are a bit then we might just see an ask of .0004 with a bid of .0003. i just want to remind many out their that you certainly do lose if you sell for a loss obviously but if this stock rallies one day an you dumped your shares dont come crying to us that stayed faithfully long whatching this painful pps go so low at times.i continue to hold all my shares i continue to beleive in the future of qtv we may go lower as this stock is now becoming a hated stock but the most important thing to me is that the company is not hated.i want the glbt community to embrace qtv and want their programming and eventually the pps will be reflected accordingly to the value of this company.right now we are all in the dark that is clear i am hoping like many out their that frank is not as dumb and untrustworthy as he is making himself appear.he promised many things one of them is if i remember clearly to be patient and we will be proud to be shareholders in this company.i think that frank is much smarter than we are giving him credit.if he is to stand by his words in making us proud than the only thing that can make me proud is to see a massive share buyback followed by a share retirement and an eventual move to a fully reporting state and a higher exchange.that sounds like alot but i am not proud right now of my shares they have performed very lousy and im down huge on my investment if i were to SELL. FRANKY make me proud you represent the glbt community please dont disgrace this aspect of our community .do the right thing and i will patiently wait this out.glbt folks have enough trouble just dealing with what the collective thinks of them we dont need to dirty their reputation with the investment communtiy now thinking that glbt folks are scam artists and liars.i will patiently wait for your next move franky please have a good time in vegas and lets plan on that restructuring of this company to give a little back to the ones that have made this all possible in the first place.
RESPECT YOUR SHAREHOLDERS FOR THEY CAN BE YOUR BIGGEST ALLIES AND YOUR WORST ENEMIES.
please excuse me all members that have to hear me i know i am a rambler i have put alot into this stock relative to my income and savings.so i am a bit emotional about this whole situation.i will try not to post too much as my posts are often a bit lengthy.hey i think i qualify as being a pumper dont i? and a long time qbidian? ok ill just settle with im a happy qbidiot dreamer anyone have any bags that they need me to hold hehehe.
best of luck to you all .
19 million on lockdown.
-------------------- gotta know when to hold em and when to ..........
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quote:Originally posted by Monopoly Money: Well the idiot investor here has a question. Just what is everyone expecting from the audit? and what will it all mean?
THE IDIOT INVESTOR DOSENT HAVE AN AWNSER
-------------------- M.M. Semester #3 started,Only 7 more semesters to go. Why, in an age where information is so easy to get, cant we find information on one man. Experience is something you dont get until just after you need it.
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posted
Buckwheat thanks, I didn't say that he said the 31st. But he did say the end of October in plain english. He must have been being over confident. I don't think you could miss it. But its coming , so i'll wait. Actually it sounds like it happened, but not for public viewing, yet.
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posted
Well what did he say, did he say it would be finished, certified and ready for the public by the end of october, or did he say that it would be done by the end of october. People only assumed it would be ready for public viewing and since its not, everyone is panicing. Frank actually did what he said its the end of October and the Audit is complete. what more do people want?
quote:Originally posted by DIGDOUGH: Buckwheat thanks, I didn't say that he said the 31st. But he did say the end of October in plain english. He must have been being over confident. I don't think you could miss it. But its coming , so i'll wait. Actually it sounds like it happened, but not for public viewing, yet.
-------------------- M.M. Semester #3 started,Only 7 more semesters to go. Why, in an age where information is so easy to get, cant we find information on one man. Experience is something you dont get until just after you need it.
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posted
from my experience the few times i have made killings on stocks is when i buy them when they are hated just some food for thought but i think qbid is sorta becoming a hated stock.many have dumped for huge losses many more will dump and the market makers will load up and then run this making fortunes off of the impatient.this is all just my humble opinion but i think that when the sentiment of investors is as low as it is that means we are probably very close to or at the bottom.we all know that the bottom for micro pennies is .0001 ask with no bid but im not pumping hear i just dont see it happening.if it does ill be sure to add another 10-20 million though.good luck to all.maybe a surprise run tommorrow up to .0008 that would be nice for a change.
-------------------- gotta know when to hold em and when to ..........
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posted
unless your a flipper these arnt selling points these prices are for the buyers buy if you beleive in the bet sell if you have to flippers beware
posted
well said highside those that are counting on getting in lower i would caution against it but that is just me ive been too scared to ever sell any of my qbid shares for fear of them spiking to a penny a share and then who will be the fool? i dont want to sell any of my shares until i see this start to move past .005 then i might try and do a little flipping selling into the runs.my inpoint just to let all know is .0018 so i have a long way to go to break even.putting thirty k into a micro penny stock is not what my fellow seasoned investor freinds have told me was a good idea.for a moment i beleived them and even though i am down huge i havent lost one penny yet.the only way to make fortunes is to take big bets in high risk stocks.or else one could methodically save for like 20-30 years and hope that nothing happens that requires that money over that time period.i think i like the first option take big bets and have a little faith.
-------------------- gotta know when to hold em and when to ..........
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quote:Originally posted by Jonas Inv.: If frank pays his costs with dilluting, then this company is worth nothing, how did he payed these studios, you all can say wow great , nice studio but if he always needs to diluted to get something big then its worthless!
I don’t understand how you can think that way. Something is worth what someone is willing to pay for it. If some company is willing to pay 1 billion dollars for QTN, then that is what it is worth. The fact that the studio (or anything for that matter) was paid for by diluting the stock only means that it is owned by the stockholders and not some other entity (such as a financial institution that loaned QBID money, an independent investor, etc.). It is definitely not worthless!
As a long-term investor, I personally think we are better off raising the capital necessary to build the business by selling stock because it keeps the debt low and the company owned by the stockholders. Just like you and I, a private investor does not risk his or her money unless he or she stands to gain from it and generally, they stand a better chance of profiting from their investment than the common stock holder does.
When it becomes clear to enough people that QTN/QBID is worth a lot more than the PPS is reflecting, the market will correct this low PPS problem that we have. Of course, a good independent audit is part of what will be necessary to make it happen. Considering Frank’s track record, I am speculating that the audit will be released about the middle of November 2005 and I hope Frank & company are smart enough to take advantage of the PPS dropping from now until then by buying back a whole slew of shares!
quote:Originally posted by Dew-it: I am not sure I like the sound of the last sentence. Any thoughts?
"Based upon the findings of this certified audit, senior management and the Board of Directors will immediately meet in Las Vegas on Tuesday, November 1, 2005 to implement a financial structure to further develop the company."
I kind of do like the last sentence. Assuming they are not lying, I interpret it as trying to figure out a way to: 1) Reduce the number of shares. 2) Try to figure out how to do business without resorting to issuing shares all the time. 3) If your debt is smaller than you think, then maybe accruing some additional debt for expansion would be the way to go
Just my thoughts with the cup half full instead of half empty.
-------------------- "True Wisdom Only Comes From Pain"
quote:Originally posted by Jonas Inv.: If frank pays his costs with dilluting, then this company is worth nothing, how did he payed these studios, you all can say wow great , nice studio but if he always needs to diluted to get something big then its worthless!
I don’t understand how you can think that way. Something is worth what someone is willing to pay for it. If some company is willing to pay 1 billion dollars for QTN, then that is what it is worth. The fact that the studio (or anything for that matter) was paid for by diluting the stock only means that it is owned by the stockholders and not some other entity (such as a financial institution that loaned QBID money, an independent investor, etc.). It is definitely not worthless!
As a long-term investor, I personally think we are better off raising the capital necessary to build the business by selling stock because it keeps the debt low and the company owned by the stockholders. Just like you and I, a private investor does not risk his or her money unless he or she stands to gain from it and generally, they stand a better chance of profiting from their investment than the common stock holder does.
When it becomes clear to enough people that QTN/QBID is worth a lot more than the PPS is reflecting, the market will correct this low PPS problem that we have. Of course, a good independent audit is part of what will be necessary to make it happen. Considering Frank’s track record, I am speculating that the audit will be released about the middle of November 2005 and I hope Frank & company are smart enough to take advantage of the PPS dropping from now until then by buying back a whole slew of shares!
POST OF THE WEEK. enough said
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call
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posted
Best case scenario: Frank holds off on releasing the audit for at least 2 weeks. Stays quiet about PR's
Spends 20Million (or whatever the number is) to buyback whatever he can from the float (anywhere from 15 Billion - 21 Billion shares) and then retire the same percentage of his preferred shares while still owning 53%.
This is what the meeting will most likely cover.
This scenario would obviously be unbievable, but is not out of the realm of possibility.
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call
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quote:Originally posted by Doctoall: Gay Network Logo Expands To Mexico & Brazil by Ed Welch 365Gay.com Los Angeles Bureau
Posted: October 31, 2005 5:00 pm ET
(Los Angeles, California) Logo is expanding outside the United States, an indication there is a growing commercial market for LGBT television programming internationally.
The company announced on Monday that it will launch six-hour blocks in Mexico and Brazil. It will become the first gay oriented programming in Latin America.
The service will be available on a pay-per-view basis. It will begin on November 4 in Mexico and on November 18 in Brazil.
"This is an incredible opportunity to serve an audience that is currently underserved, while further strengthening our presence in the region," said Pierluigi Gazzolo, the managing director of MTV Networks Latin America.
The service will be available on Sky Mexico and Sky Brazil. MTV said it is also in discussions with other pay TV operators in the region.
It will feature Logo's movies specials, and original programming Gazzolo said.
“Launching Logo TV in Latin America is further proof that an entertainment network for the LGBT audience can be a real and viable business,” said Brian Graden, the president of entertainment at MTV, and president of Logo in the U.S.
“Creatively, Logo TV will fill a niche similar to the U.S. channel by giving viewers an entertainment destination on television where they can see themselves authentically portrayed in a range of diverse, quality programming.”
Logo is one of three LGBT networks in the US. The others are Q Television and here!
Well there we go!!!!First expansion of American Gay TV networks worldwide, LOGO is breaking down the barriers for us....
way to go logo, give us about 6 months and hopefully we will be breaking international right behind them. This gay TV networks thing is getting real big now
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call
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posted
This is going to continue to decrease in pps until the 20th if that is in fact the day that the news comes out. I would not be surprised to see the pps reach .0001 a couple days before the news, when ever that might be.
To any one still in this, I would sell till it got closer to the "news date" and then buy back at a lower price. What if it only goes up to .0009?
Spends 20Million (or whatever the number is) to buyback whatever he can from the float (anywhere from 15 Billion - 21 Billion shares) and then retire the same percentage of his preferred shares while still owning 53%.
Speculative...but quite entertaining to say the least.
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posted
Anyone know what Frank is worth outside of this stock, that he might be able to buy back a large amount of stock. I think I remember something saying he had a large amout already into Q.
-------------------- It will feel better when it stops hurting.
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posted
I also have a question, now I don't claim to be a genius by any matter, but if he does have the money what is stopping him from buying 20 billion shares back for 20 million or so, retiring 3/4 of that and matching with his. Leaving around 14 billion, now if he releases the audit showing 1 billion in assets, would roughly make pps 7 cents, now turn around sell your 5 billion extra you bought for 357 million. Just idea that I would have if I was in has place. But like I said not sure if could be done.
-------------------- It will feel better when it stops hurting.
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They realized something had to be released yesterday regarding the audit.
The BAD News:
They have used a vague time frime with which it will be avilable, so as to allow them to actually finish it, assuming there actually is one, or one of many other options that just buys them more time and prevents us from having an exact time to expect it. How many weeks does "in the coming weeks" represent? 2? 4? 16? If you new it would take several weeks to get it completed and available to the public, why would you say it would be completed by a certain date? That just sets false expectations. So, either these guys are idiots, or they are liars. Not sure which one I prefer.
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quote:Originally posted by doctonone: They are all in Vegas laughing at everyone holding the bag. It's funny how many posts of mine have been deleted because I told everyone what the outcome of this was going to be. Now all the regulars are no where to be seen (lol).
Hmm, I am still here too. Just tired of arguing over silly stuff so I dont bother posting responses to most of the liars, pissed off, frustrated, or impatient people. I do not see a reason to waste my time. We all knew what we were buying into when we pushed that button so whining over lack of detail now is absolutely ludicrous. If you wanted reporting and stability you really shouldnt be in here.
On the other hand, if the lack of posting gives the impression that regulars are no where to be found then that is the wrong impression.
I am actually almost up to 4 million shares overall and plan on holding most of it until at least June/July of next year anyway, as I have always said and have intended. The Gay Games will add so much spotlight to this little station that I do not believe anything will hold it back then. Besides all the other progress and deals that will be finalized by then. I believe those will be the good days and these will be bad memorys at best.
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