Saturday, 10/29/05 7:00pm Normal Street, hillcrest
Kick off your Halloween celebration in style at The Center's annual "Nightmare on Normal Street"
Our costume contest delivers $1,000 in cash prizes and features the outrageous Nicole as emcee! The costume competition starts at 9pm and cost is $5 to enter. Families with children are invited to attend and participate. A children's costume parade will kick off our costume competition. Children under the age of 14 may enter the contest for free.
A $5 or larger donation is requested for admission to the event. All proceeds support The Center and its programs. The event is sponsored by Bud Light, Q Television, the Gay & Lesbian Times and the Imperial Court de San Diego
IP: Logged |
quote:Originally posted by Honest Trader: Frank used to PR anything last year and early this year ,Now on average daily DD , I find more significant events with QTN that that Frank used to PR !!! very intersting indded ..his silence is deafening !!
DING DING DING
We have a winner!
That is exactly why I am still here and holding on for what I still see as the eventual ride. The news and the connections involving the GLBT community and Qs involvement continues to grow. Real company, real strides. The arguement is always made at this point that a good company doesnt equal a good stock. While that is true to some extent, they do almost always come into line one way or another. Either the stock rises and reflects the value of the company or the company crashes and matches up with the stock.
posted
bige2533 Isn't interesting that PalmSprings Life is located in the same building as Q.
We are Desert Publications Inc. located at 303 N. Indian Canyon Drive, Palm Springs California. We own and operate the web sites http://www.desertguide.com and http://www.palmspringslife.com and maintain an opt-in mail list for those visitors of our web site that would like to receive more information on what to do, where to go and what to see in the Coachella Valley.
-------------------- Your greatest investment is into a peaceful heart.
IP: Logged |
quote: Posted by Noah129: hi gilladorexd just curious are you holding shares ,thinking in buying or thinking in dumping or maybe something else really i would love to know.thanx in advance i enjoyed your post. now thats what you call a curious qbidiot.im still long and strong hoping to go through the pain of a further pps drop so that i can pick up a few million more.now those of you that have an inpoint of less than .0016 i dont want to hear any complaining cuz mine is higher than that hehehe.19,000,000 and counting in the vualt.
-------------------- gotta no when to hold em and when to ..........
I have bought ~870,000 shares of QBID with another limit order waiting to be unleashed.
IP: Logged |
I rang up my good friend Sandra Bernhard on her private line and asked her to share perhaps a clever anecdote concerning her new gig cohosting something called Queer Edge with Jack E. Jett on something called Q Television Network, and she said, "Who the **** is this? How the **** do you keep getting my number? I'm calling the cops!"
adrian*adrianryan.com
-------------------- 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.
IP: Logged |
Regulation of Stock Repurchase Programs Under the Federal Securities Laws December 10, 2003
Many public companies employ stock repurchase programs to increase shareholder value at times when their outstanding securities are perceived to be underpriced or to minimize the dilution caused by the use of stock in acquisitions or employee plans. Issuers must design repurchase programs to comply with a number of potentially applicable provisions contained in the federal securities laws. The purpose of this memorandum is to outline these provisions very briefly and to serve as a basis for additional discussions with legal counsel.
In addition to the federal securities law provisions discussed in this memorandum, applicable state corporate and securities laws and the issuer’s own charter documents and contractual arrangements (including, for example, bank credit facilities) must be reviewed before beginning any stock repurchase program to determine additional restrictions. Stock repurchases are often treated as the equivalent of dividend distributions under state corporate laws, charter provisions and loan and other financing agreements which restrict dividend distributions. Stock repurchase programs may also raise important accounting issues, and consequently, issuers should consult their public accountants as well as their legal counsel before beginning a stock repurchase program.
In recent years, issuers and investment bankers have developed and implemented a variety of techniques to accelerate buy-backs or hedge market risk during repurchase programs. The special legal issues posed under federal securities laws by accelerated stock buy-back transactions or by use of puts, calls, costless equity collars or comparable devices are beyond the scope of this general memorandum.
Market Manipulation Safe Harbor: Rule 10b-18
Stock purchases by an issuer and its affiliates are subject to the anti-manipulation provisions of Sections 9(a)(2) and 10(b) of the Securities Exchange Act of 1934. These provisions make it unlawful (1) to manipulate prices of a security by creating actual or apparent trading in such security or by raising or depressing the price of such security, and (2) to use any manipulative or deceptive device or contrivance in contravention of SEC rules in connection with the purchase or sale of any security.
Rule 10b-18 under the Exchange Act provides a nonexclusive safe harbor from the provisions of Sections 9(a)(2) and 10(b) for open market bids and purchases of stock by issuers and persons considered to be “affiliated purchasers” insofar as such bids or purchases might be deemed unlawfully manipulative solely by reason of their time, price or amount or the number of brokers or dealers used. An “affiliated purchaser” under Rule 10b-18 is a person acting in concert with the issuer for the purpose of acquiring the issuer’s securities, or is an affiliate that, directly or indirectly, controls the issuer’s purchases, or whose purchases are controlled by, or under common control with, those of the issuer. This definition will normally cover a parent company of the issuer as well as officers and directors having responsibility for the issuer’s purchases.
Rule 10b-18 does not apply to tender offers, purchases by an employee benefit plan effected by an independent agent and certain other purchases. The rule is not a safe harbor from violations of Rule 102 of Regulation M under the Exchange Act (which restricts purchases of securities that are the subject of a distribution) or violations of Section 10(b) and Rule 10b-5 that entail conduct other than manipulation solely by reason of the time, price or amount of repurchases or the number of brokers or dealers used. For example, if an issuer or affiliated purchaser engages in repurchases while aware of material nonpublic information of a favorable nature, there may be a violation of Section 10(b) and Rule 10b-5, notwithstanding compliance with Rule 10b-18.
In order to take advantage of the safe harbor provided by Rule 10b-18, an issuer and its affiliated purchasers must comply with all of the conditions of the rule:
One Broker or Dealer Per Day. All Rule 10b-18 bids or purchases on behalf of the issuer or any affiliated purchaser must be made from or through a single broker or dealer on any single day. All such bids or purchases made on behalf of more than one affiliated purchaser, or the issuer and one or more affiliated purchasers, on a single day, must similarly be made during the primary trading sessions in the markets in which the security is traded from or through a single broker or dealer. A separate broker is permitted to effect after-hours trades.Because of the complexity of complying with Rule 10b-18, issuers and affiliated purchasers contemplating a market repurchase program normally make prior arrangements with one broker or dealer having extensive experience in such programs to carry out the entire program on their behalf. Timing of Purchase. A bid or purchase by or for an issuer must not constitute the day’s opening transaction for the security. Issuers who have (i) an Average Daily Trading Volume (“ADTV”) value of $1 million or more, and (ii) a Public Float Value (i.e., the aggregate market value of common equity securities held by non-affiliates of the issuer) of $150 million or more, are qualified to bid or purchase up to 10 minutes prior to the close of the primary trading session in any market in which the security trades. All other issuers are prohibited from bidding or purchasing during the period 30 minutes prior to the close of the primary trading session. Bids and purchases by or for an issuer in after-hours trading are permitted provided the issuer does not enter the opening bid in such trading and the purchase price does not exceed the lower of the closing price in the principal market for the security and any lower bids or sale prices subsequently reported in other markets. The Rule 10b-18 safe harbor is not available for any bids or purchases by or for an issuer during a merger or other similar acquisition transaction. The unavailability of the safe harbor commences from the time of public announcement of the transaction and continues until the earlier of the completion of the transaction or the completion of the vote by target shareholders (but is extended for any valuation period where the market price of a security will be a factor in determining the merger consideration being paid). Three exceptions permit repurchases during a merger or acquisition: (i) when the merger consideration is solely cash and there is no valuation period; (ii) for purchases not exceeding the lesser of 25% of the security’s four-week ADTV or the issuer's average daily 10b-18 purchases during the full three calendar months preceding the date of announcement; and (iii) for block purchases not exceeding the average size and frequency of the issuer’s block purchases during the full three calendar months preceding the date of announcement. Any repurchase pursuant to these exceptions, however, must also comply with the requirements of Regulation M, if applicable.
Price of Purchase. The purchase price for the security may not exceed the higher of the highest independent bid or the last transaction price. If an issuer is relying on the bid to support a higher price, at least two independent bids are required for any security traded on an exchange or inter-dealer quotation system. Three bids are required for securities traded on the OTC Bulletin Board system of the NASD (OTC-BB), the pink sheets or in any other market. Volume of Purchases. An issuer’ purchases, when aggregated with any affiliated purchasers acquisitions, may not exceed 25% of ADTV in any trading day. An issuer’s block purchases are generally included in the 25% limit and in the calculation of ADTV. Issuers may make one block purchase per week without being subject to the 25% ADTV limitation, provided the block purchase is the only purchase by or on behalf the issuer in reliance on the safe harbor on that day. Shares purchased pursuant to this block purchase exception may not be included in calculating ADTV.
Complying with the Rule 10b-18 conditions requires an issuer to identify all its affiliated purchasers and coordinate all their open market bids and purchases with its own. Issuers also must maintain accurate recordkeeping systems in order to accurately report the information necessary to comply with the disclosure and reporting obligations of the Rule. The conditions and reporting obligations of Rule 10b-18 are complex, and the rule itself, rather than these summaries, should be consulted for technical compliance.
and carries on for several pages past this
Rod
-------------------- 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.
IP: Logged |
posted
Gilladore, that theory does not relate to anything you have read in here. Most (if not all) believe dilution, and more specifically the restricted shares that are now being sold (extra shares being dumped into the market), is the cause of the decline in pps. What you posted in a simple stock theory in which this stock would have become oversold and most likely turned around by now. It is the growth of the O/S shares that has pushing the price down. This in turn has slowed the buys and increase sales. Therefore, while the audit will help, most in here believe that a buyback and retirement of those shares is the best way to raise the pps, instead of increasing buys (although in theory, a buyback would increase buys, but the retirement of those share is what actually would change the value of the stock). Ofcourse this would result in more buys as the stock price rose, but the reasons are not as simple as you have put them in your post.
quote:Originally posted by GilladoreXD: I am not real sure that I understand what everyone on here is saying or trying to say. However, what I have gathered from reading this and other material is that the stock price is dropping at a regular rate. Some here think that it has to do with the number of shares restricted and outstanding. A company that has roughly 44 billion shares on the market with 23 billion owned by the owner leaving 21 billion to the public ( less than 50%) with no concrete financial history or audits. On top of that, the company hasn't even published a report with the SEC because of the lack of financial data and other requirements that the management has failed to produce. With this known, there is only one reason for the pps to drop and that is lack of interest. Immendiately, after the share went public a huge buy was brought causing the price to jump. The next thing followed was smaller buys and sells that caused the slow drop in price. Then, the company published great press releases and the interest grew once again - driving the price up - large sells and buys. Now, what we have is drop in pps due to the lack of interest - not only in buying but in selling. The small amounts sold and bought each day only add up to several hundred million, but that is a fraction out of 21 billion. The only way to seriously increase the pps is to increase the amount of buys from several hundred million to several billion shares - increase the volume of buys. Right now, the only reason to buy is in hopes (speculation) that the finanical audit that is going to (hopefully) be released in mid-Nov is going push the interest of QBID up. However, the data that is going to be released is going to be old; therefore, the intelligent investor will look for the possibility of future production. Right now, the only future that I see is the Gay Games in 06 - what is afterward? That is the next thing that needs to be addressed - publication of future financial goals and productions of important events.
-------------------- Still holding, Still waiting, ...
Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :)
IP: Logged |
quote:Originally posted by MillerTIME: ok guys im going to calm down about that talk, as it should be kept quiet for as long as possible if it is happening...
and i personally am not buying in yet, because i still think it may drop a bit more...
and please dont buy partially on my opinions, i am the idiot that has an avg cost of .0014
Yep! Don't feel alone. Keeping the powder dry. The day will come when I load up but I'm waiting for the dust to settle!
IP: Logged |
posted
This is, ofcourse, the current state, and in the end Q will have to show revenues and increased subscriptions to sustain a steady rise in pps. Most people in here aren't nearly as worried about that as they are dilution and management.
-------------------- Still holding, Still waiting, ...
Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :)
IP: Logged |
quote:Originally posted by polo1110: Gilladore, that theory does not relate to anything you have read in here. Most (if not all) believe dilution, and more specifically the restricted shares that are now being sold (extra shares being dumped into the market), is the cause of the decline in pps. What you posted in a simple stock theory in which this stock would have become oversold and most likely turned around by now. It is the growth of the O/S shares that has pushing the price down. This in turn has slowed the buys and increase sales. Therefore, while the audit will help, most in here believe that a buyback and retirement of those shares is the best way to raise the pps, instead of increasing buys (although in theory, a buyback would increase buys, but the retirement of those share is what actually would change the value of the stock). Ofcourse this would result in more buys as the stock price rose, but the reasons are not as simple as you have put them in your post.
quote:Originally posted by GilladoreXD: I am not real sure that I understand what everyone on here is saying or trying to say. However, what I have gathered from reading this and other material is that the stock price is dropping at a regular rate. Some here think that it has to do with the number of shares restricted and outstanding. A company that has roughly 44 billion shares on the market with 23 billion owned by the owner leaving 21 billion to the public ( less than 50%) with no concrete financial history or audits. On top of that, the company hasn't even published a report with the SEC because of the lack of financial data and other requirements that the management has failed to produce. With this known, there is only one reason for the pps to drop and that is lack of interest. Immendiately, after the share went public a huge buy was brought causing the price to jump. The next thing followed was smaller buys and sells that caused the slow drop in price. Then, the company published great press releases and the interest grew once again - driving the price up - large sells and buys. Now, what we have is drop in pps due to the lack of interest - not only in buying but in selling. The small amounts sold and bought each day only add up to several hundred million, but that is a fraction out of 21 billion. The only way to seriously increase the pps is to increase the amount of buys from several hundred million to several billion shares - increase the volume of buys. Right now, the only reason to buy is in hopes (speculation) that the finanical audit that is going to (hopefully) be released in mid-Nov is going push the interest of QBID up. However, the data that is going to be released is going to be old; therefore, the intelligent investor will look for the possibility of future production. Right now, the only future that I see is the Gay Games in 06 - what is afterward? That is the next thing that needs to be addressed - publication of future financial goals and productions of important events.
You're right Polo. Even the audit alone will not be enough. Frank will have to commit to an agressive buyback.
posted
I'm willing to buy as much as I can when we reach bottom because the company is making huge strides & Frank wants to sell at a profit. He will do a serious buyback in my humble oppinion.
quote:Originally posted by Honest Trader: Would .0005x.0006 hold ? We dont know , depends on many factors , The most important(now) is that the restricted volume that being dumped , It just makes sense that it gets less and less with every passing day . Also new carriers/new coverage areas , new faces on Q , and as whizknock noted , we need agreesive buy back ( unless its happening now ? )
Yep! No getting around it. He needs to do a buyback & Frank needs to be filing so he can prove he has reduced the OS. No one will buy his company if he's not reporting!
posted
I tend to agree whiz. I can't imagine the audit information being so good that it could move this much higher by itself. I hope it is though Also, if Q could land a huge carrier and get a huge increase in subscribers I think this would rise, even in it's pathetic state.
-------------------- Still holding, Still waiting, ...
Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :)
IP: Logged |
quote:Originally posted by polo1110: I tend to agree whiz. I can't imagine the audit information being so good that it could move this much higher by itself. I hope it is though Also, if Q could land a huge carrier and get a huge increase in subscribers I think this would rise, even in it's pathetic state.
I agree. I have a nice piece of change & watching this thing everyday waiting to buy as much as I can. I don't see getting big carriers as a problem anymore. Nor subs. All that will come in time. What Frank most needs to do is buyback shares and publish an audit!
posted
Here's a reply from that Guy person who said Q shows porn. I haven't gone to check out his correction yet.
KS,
Thank you for your feedback.
I have read their user agreement. I understand your point, but that doesn't make it right. Consider the bogus "right to privacy" or the nonexistent "separation of church and state" for precedent here. Some things are somewhat subjective, as is the def'n of "porn". AOL was wrong, period.
Also, your first stmt suggests to me that I include more of my history here. AOL has allowed my political content for nearly five years. Apparently something really irritated them this time.
Retract? No. However, based on three reader's comments, I did reword the stmts in question. Based on research done by staff today, I think it now more accurately reflects Q's programming. See the revised article.
I appreciate your input.
~Guy
-------------------- Sometimes the poorest man leaves his children the richest inheritance.
IP: Logged |
quote:Originally posted by Penny-Trader: they have to follow the rules for buyback.
they can however once a week buy back more then the 25%
i have the rules listed somewhere I will try and dig up the link when i get done reading this thread
Rod
I hope we're not going to start this goofiness of looking at the 9million share blocks, adding them up day by day, and claiming that they ARE Frank buying shares back again like last spring.
Remember that? "Buyback almost done", "According to my calculations...", etc.
posted
Wango, Guy Adams did not change anything in the text as of yet. He never did respond to my email. Oh, Well! Can't change all the people all the time. Go Q
IP: Logged |
I understand that the stock is over diluted and undervalued. When I posted the first time I did not have much time to go into depth.
quote: " A company that has roughly 44 billion shares on the market with 23 billion owned by the owner leaving 21 billion to the public ( less than 50%) with no concrete financial history or audits. "
Possible Break Down. 44 Billion Shares : Total Outstanding Shares (100%) 23 Billion Shares : Allocated to the Owner (52.272%) 21 Billion Shares : Allocated to the Public (47.727%)
March 3, 2004 - April 10, 2004 large buys April 30, 2004 - June 24, 2005 more sells than buys.
From June to now - there is a static sell and buy. It seems that there are more sells than buys but over time it appear static.
However, the volumes that are being moved are not at least 25% of the public allocated volume. If the volume brought and sold can equal at least 50% than the price will start to raise. Now, the company is small and its assets may roughly be several billion : lets use 5 billion net worth. That would mean that normal share would be worth : 0.1136 ( company assets / amount of shares )
23 Billion shares : 2,613,636,363.64 ( (company assets / amount of shares) / shares allocated or holding) 21 Billion Shares : 2,386,363,636.36 ( (company assets / amount of shares) / shares allocated or holding)
Total : 5 Billion Dollors.
That means if owe a million shares you own 113,636.36 out of that company assets (5 Billion)
You say that the amount of shares are too much - well that is your proof. The company should be worth more than the amount of shares on the market in order to have good pps - imho.
IP: Logged |
posted
Way to go guys. i have not read his rewording, but im sure it is more accurate.
my point in bringing this up was that being a network for the GLBT comunity, there is already enough of a biased attitude about gay rights, that i dont think it is appropriate to make it a double hated company by falsely accusing theme of being a leader in porn as well.
power of the pen works, nice to see that the bigot listened.
rod
quote:Originally posted by Wangdo: Here's a reply from that Guy person who said Q shows porn. I haven't gone to check out his correction yet.
KS,
Thank you for your feedback.
I have read their user agreement. I understand your point, but that doesn't make it right. Consider the bogus "right to privacy" or the nonexistent "separation of church and state" for precedent here. Some things are somewhat subjective, as is the def'n of "porn". AOL was wrong, period.
Also, your first stmt suggests to me that I include more of my history here. AOL has allowed my political content for nearly five years. Apparently something really irritated them this time.
Retract? No. However, based on three reader's comments, I did reword the stmts in question. Based on research done by staff today, I think it now more accurately reflects Q's programming. See the revised article.
I appreciate your input.
~Guy
-------------------- 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.
IP: Logged |
If you visited Q TV you may have acquired some wrong information. Q TV, based out of Florida, is a different company. Q Television, based out of California, is a totally different company. Q Television occasionally brushes up against a R rated movie. Showtime, HBO, etc., go a lot further. Well Jen, maybe; maybe not. I think that in the end, it really doesn't alter my msg. I do however, thank you for your feedback and insistence that I research Q further, which I did. I think that I've mitigated the perception of Q to more accurately reflects their programming. I wish I'd saved my 'search' for you, but I feel reasonably comfortable with the paragraph as it stands now. To borrow a phrase: it's close enough for Rock 'n Roll.
Sincerely, ~Guy
-------------------- Your greatest investment is into a peaceful heart.
IP: Logged |
Did you get your information from Q Television or another source? Searches via AOL, Google and AltaVista.
I've reworded the article and I feel that it is close enough to the truth. Porn is somewhat subjective, and I think it's close enough now for the majority of my readers.
Thank you for your feedback.
God bless, ~Guy
-------------------- Your greatest investment is into a peaceful heart.
IP: Logged |
posted
Stashu that post was to answer a question about buyback rules.
there is a link there to go read it if you want.
are you going to argue that the information in that post was not correct?
we will discuss what ever we feel like in here, you dont like it then dont read it.
you still can not prove that they where not buying back.
all you can prove is that they diluted somewhere along the line. who knows maybe they did dilute this to 50 billion shares and bought back to where we are now.
you cant prove they did or they didnt so you cant prove that we are right or wrong.
I stated what i felt was going on during that time.
I never said that i was right.
I still cant tell if we where right or wrong, and nether can you.
Rod
quote:Originally posted by stashu:
quote:Originally posted by Penny-Trader: they have to follow the rules for buyback.
they can however once a week buy back more then the 25%
i have the rules listed somewhere I will try and dig up the link when i get done reading this thread
Rod
I hope we're not going to start this goofiness of looking at the 9million share blocks, adding them up day by day, and claiming that they ARE Frank buying shares back again like last spring.
Remember that? "Buyback almost done", "According to my calculations...", etc.
And if you disagreed...
-------------------- 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.
IP: Logged |
posted
I think its great that some of you took the initiative to contact this guy, Guy about his the article... My question, however is, where the hell is Priority Public Relations (Jim Strzalkowski) and Investor Relations (Richard Brown). You would think they would be on top of this. Instead of trying to shut up some stupid poster named Karzoid on RB, Richard should be correcting Guy about this article. Talk about some screwed up priorities. Geeze!
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
:Dhahahhahahahhaha![[Smile]](smile.gif)
Also, if Q could land a huge carrier and get a huge increase in subscribers I think this would rise, even in it's pathetic state.
