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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » QBID XXXIII "Q" The Global Frontier (Page 107)

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Author Topic: QBID XXXIII "Q" The Global Frontier
imakmony2005
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Im in tell the end.FEW MORE DAYS, LOL
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g-invest
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quote:
Originally posted by buckwheatbob:
I believe you promised you where leaving if the price got this low.

I said nothing of the sort. You're just upset that I'm not pumping the stock for you. You're ignoring tactic is working out really well for you. I'm noticing you reply to every single post I make.

quote:
Originally posted by firefly:
It is very puzzling but QTN keeps rolling out. If cables companies think Q is in trouble then why would they keep expanding?

Because it isn't in financial trouble. Even if they expend all 60 billion authorized shares they can always increase the authorized shares again and again and you'll have investors like buckwheat here that will keep "averaging down".

It's really easy for a company to do a reverse-split, they don't even have to release a PR to do it! The new CEO will be all about the R/S! Reverse split of QBID will probably hurt the company in the short term, but if they reverse split with 60 billion shares at a rate of 10,000 to 1, then QBID is now a 60 million share stock. They can simply change the ticker, probably the name from Triangle Multimedia to Q Multimedia and the ticker (QMMA) and wait a year or two for the forum posts to die down and the stock to hit .0001 again. Then they release a bunch of PRs and announce they'll never do a reverse split "while I'm in charge" and raise the authorized shares to a billion and continue from there with toxic financing.

quote:
Originally posted by Bigrod40:
[Eek!] Here's my take.

Frank is buying back all he can at these prices and will retire them all.
So Frankie Boy, I personnally don't give a SH*T if you dont release the Audit till your finished buying back Billions,(why release something that could skyrocket the PPS) Frankie Boy is no dummy.

Why buyback the shares when someone else will buy his preferred shares from him, do a reverse-split, and then he'll make money when the PPS rises later on?

http://www.iposhells.com/reversemerger.html
http://www.ipo-merge.com/reverse.html
http://www.otctraders.com/steps.html
http://www.otctraders.com/theory.html

Using 505 to make money:
http://www.edgar-filing.com/reverse.htm
http://www.sec.gov/answers/rule505.htm

quote:
Originally posted by mjm2005:
Where's the DD though? Rather than the constant arguments and constant unbacked statements...because your plethora of opinions do not count as DD. But, I have to go study at Wake Forest.

Fair enough, I give a 1999 PR:
quote:
Monday December 27, 3:49 pm Eastern Time
Company Press Release
Triangle Multi-Media Limited Inc. Announces That The Each Item In The Proxy Statement Issued To Shareholders Was Overwhelmingly Approved By Said Shareholders:
PALM SPRINGS, Calif.--(BUSINESS WIRE)--Dec. 27, 1999--Triangle Multi-Media Limited Inc. (OTCBB:QBIDE - news) announces That The Each Item In The Proxy Statement Issued To Shareholders Was Overwhelmingly Approved By Said Shareholders:

1.) Name change from Integrated Healthcare Inc. to Triangle
Multi-Media Limited Inc. (symbol "QBIDE");

2.) Ratification of authorizing 300,000,000 common shares no par value and creation of 20,000,000 super voting convertible preferred stock ($.001 per share);

3.) Ratification of a Class B Preferred Stock which shall convert for 100 shares of common stock;

4.) Ratification of a Class B non-voting convertible stock with a five (5) year callable 8.25% cumulative interest rate and no par value;

5.) The election of Frank Olsen, Rene Schenk, and Ronald Orden as Directors of the Corporation (although elected a director Dr. Haggett has heretofore declined the office due to other business endeavors);

6.) For ratification of the Merger Agreement between Palm Springs Television Studios and Integrated Health Care Inc. (now known as Triangle Multi-Media Limited Inc.) as a part of the merger which closed on Aug. 30, 1999; and

7.) For approval of the proposed business combination of Triangle Multi-Media Limited Inc. and Triangle Broadcasting Company ("GAAY"). It is QBID's understanding that said proxies for "GAAY" shareholders will be mailed within approximately 5 working days.

Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties detailed in the company's filing with the Securities and Exchange Commission.

-------------------------
Contact:
IMS
Public Relations, 888/497-0606

And another:
quote:
COMTEX) B: (QBID) Triangle Broadcasting to Sweeten
Offer to Triangle
B: (QBID) Triangle Broadcasting to Sweeten Offer to
Triangle MultiMedia Limited
for Business Combination

PALM SPRINGS, Calif., Sep 14, 1999
(ENTERTAINMENT WIRE) -- Triangle
Broadcasting Company (OTCBB:GAAY) announced today
that it is increasing
its share offer to Triangle MultiMedia Limited
(OTCBB:QBID) for the
purposes of facilitating a Business Combination.

Management has requested that Triangle MultiMedia
Limited "sticker"
their current proxy to include the increased offer.
Previously,
management had offered a 1 share for 1 share
exchange. The new offer is
three and three-quarter shares of GAAY for each share
of QBID. The
offer is made to the QBID shareholders based upon the
following items:

(1) Net Asset Value of each company.
(2) Number of shares outstanding in each company.
(3) Management of each company.
(4) Share Price and Market Capitalization of each
company.

Shareholders of QBID will be asked first to consider
the new offer in
their current proxy. If the offer is not accepted by
QBID shareholders
each company will continue as an individual entity. If the
offer is
accepted then it will need to be ratified by GAAY
shareholders in a
proxy within the next 30 days following the end of the
QBID proxy
period. If GAAY shareholders do not ratify the
combination ratio then
each company will go on as individual entities. If GAAY
shareholders do
ratify the combination ratio then the companies will be
combined into a
new entity also called Triangle MultiMedia Limited on a
ratio of three
and three-quarter GAAY shares to one QBID share.

Due to a potential conflict of interest with GAAY
shareholders neither
management nor Frank Olsen will vote any of their GAAY
shares. The
decision to combine or not combine on the proposed
ratios is solely in
the hands of the public shareholders of GAAY at that
point. Prior to
the GAAY proxy, if it is needed, independent appraisals
of QBID's
assets and liabilities will be available for review by
GAAY
shareholders in the offices of Triangle MultiMedia
Limited.

Triangle MultiMedia is in the process of beginning its
audit so that it
may become a reporting company. If these audits are
available to
management on a completed or nearly completed basis
they too will be
made available to the shareholders of Triangle
Broadcasting Company.
Additionally a business plan for Triangle MultiMedia will
be available
to GAAY shareholders for review if complete at the
time of proxy.

Safe Harbor Statement Under the Private Securities
Reform Act of 1995:
The statements contained herein that are not historical
facts are
forward looking statements that are subject to risks and
uncertainties
that could cause actual results to differ materially from
those
expressed in the forward looking statement. There is no
guarantee that
the shareholders of either company will accept this
offer of a business
combination. Investors at this and other stages of this
transaction are
subject to a high degree of risk and can lose up to their
entire
investment on both companies at anytime.

Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Triangle Broadcasting Company
James French, 760/322-1217

WEB PAGE: http://www.businesswire.com

Noteworthy:
"Triangle MultiMedia is in the process of beginning its audit so that it may become a reporting company." - Letter to GAAY (later to become QBID) shareholders, 1999.

A converted file from the Washington SEC:
http://gravito.com/qbid/triangle.pdf

quote:
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 KNTB(AM)) in 1998 as evidence that he never ceded control of the station to Triangle.

Or this one:
http://gravito.com/qbid/abstain.mp3

I've done plenty of DD and brought it to the board, I don't know what you're talking about. Maybe you're just catching the posts where I complain about the same two users giving me trouble.

quote:
Or, did you DECIDE you were finished?
I have to assume based on comments like this that those of you who are upset that I have a college degree must not have one, and are probably investing in pink sheets because you are hoping to strike it rich on your first try. I wish you good luck, and encourage you to look up the difference between common investment terms, like treasury stock, outstanding stock, authorized stock, and common stock.

quote:
Originally posted by MillerTIME:
i have NO idea why, but this was definately the first time i saw the PR say at the top "Burbank CA and New York NY."

Reverse Merger in progress. Stay tuned to QBID PRs for more info! Expect reverse split within a month of announcement of new CEO!

quote:
This is the main reason why i think Frank personally is NOT diluting shares.
Since I learned about toxic financing, I believe he is not personally diluting shares, too.

quote:
Originally posted by juice:
how hard is it to get listed on the pk market?

If by pk, you mean "Pink Sheets", you can supposedly do it for less than $65,000, but most websites do it for somewhere under $100,000. Refer to the links I have above or do a Google search for "reverse merger".

QBID is not even worth 12 million, that's why people are still selling.

quote:
Originally posted by Trader O:
No, my point is that this is a great buying opportunity. I mean, we're at 0.0003. We can only go to 0.0001, right?

Absolutely not. Frank stated that while he was CEO he would never issue a reverse split. That doesn't mean the next CEO won't, or that he won't continually dilute into .0001, like Urban did: to the tune of over 700 billion shares.

If you are expecting this to go no lower than .0001, you're purchasing on a false assumption. This can go lower, and all the signs are pointing to a reverse-merger now, especially with the absence of the CFO. But hey, its your buck, spend it how you like.

quote:
Whose turn is it to predict a Friday afterhour release of the audit? We had one predict Nov 25 and another Dec 2. Who else wants to be wrong?
I predict the audit is never released. It is likely done and will sit on his desk forever. Each day it doesn't come out is another day that confirms that even on paper, QBID is not even worth the $6 million market cap that it would be at .0001. It's why the price keeps falling. I would put its common stock value at around $450,000 to $800,000. Yes, that includes the studio Frank foolishly paid over a million for. The reason I say this is because QBID has a debt of two million.

Basically, you can value QBID at anything less than 6 million and Frank can't prove that you're wrong until he releases the audit. Something to keep in mind. If he truly wanted to raise the PPS to it's "true" value, all he would have to do is release that audit.

Since he's not, what does that tell you?

quote:
Originally posted by Optimus Prime:
Case in point is SIRI. They really made their pps move not only after signing Howard but after hiring Mel Karmazin, a wizard at running radio. Like Joe Clayton for SIRI, Frank can stay on as Chariman of the Board and keep his majority interest. They need to transition to responsible business growth rather than the start-up mentality. Its time to grow as a company and I don't think Frank knows how to do this.

I was on other forums around the time SIRI was really in the rut (before the reverse split to become a legit company) and so I know what you're talking about. I never invested in SIRI (I was dealing with ERICY's reverse-split and made a boatload buying it at .35 cents to .60 cents before the 10-to-1 reverse) but I know that many people in the stock thought all was lost just cause of the CEO.

My only hope for QBID is that when Frank does leave, this company doesn't stay an unreporting POS. I think the action of the new CEO should be to file the audit with the SEC, tell the shareholders everything Frank did to screw them over, and apologize on his behalf. Then reverse split this and get it on the OTCBB, AMEX, or any number of better exchanges.

The fact that this company is supposedly worth 6 million or more and it is still struggling to get off the Pink Sheets is laughable at best. This CEO is an a-hole to the nth degree, and he's held to a lower standard than the average forum poster. It's about time he got a set and let someone else take over to try to fix the harm that he's done.

If you listen to the CC, you'll hear the voice of a delusional man who doesn't even seem certain why he's bothering to justify to his shareholders why he makes the decisions that he does. He leads with "I'll tell you what I think I'm obligated to do for you, and what I think you are obligated to do for me." That's not how a CEO should treat shareholders. Even if he does own %53, he should still treat his shareholders with respect. They aren't his employees!

quote:
Originally posted by DIGDOUGH:
Imakmoney-I just talked to Tara at Q in Burbank a couple of hours ago. She said she is fairly new there and that she doesn't invest in the stock market.
I asked her if Q is going out of business and she said no. Isaid the stock is almst worthless.
I asked her if Frank is there and she said he is not.
She asked to take my name and phone number and she would give it to Frank, so I did.
I don't expect to hear back. It'll be a surprise if I do.

If you guys keep calling his employees, you might see a PR from Frank saying "Knock it off". Which would be excellent, because you're finally putting pressure on him where it has an impact on how he does business. If he has an incentive to increase the PPS, it might just rebound a little so you can recooperate a tiny bit on your losses. I doubt it'll hit .0010 before a reverse-split again, though.

quote:
Originally posted by doctonone:
I first heard of this stock when reading this message board back in 2003 when the great Diana was pumping it up and getting everyone excited about her Vegas party.
Wish I would have never stumbled across this site.

Sorry to hear about that. Some of us suspect Diana still posts here under a new name.  -

quote:
Originally posted by Monopoly Money:
So it is your opinion is that, since i dont make more money then you, i am not compitent enough to make my own financial decisions? That seems more the words of an egotistical insecure person versus a savior. I understand you think everyone is child-like in all matters reguarding money, compared to you, and are not capable of making informed decisions reguarding their investment expenditures.

You know, no where did he say that he thought he was better. You're trying to use the same argument that you would against me against this doctonone guy. No offense, but if there is anyone you should be directing that argument against, it's ME: the one that enjoys watching pumpers lose their money pumping dying stocks, not some guy that legitimately is concerned about a poor financial decision.

In other words, he's trying to warn you. There's nothing wrong with that. Wouldn't you want to warn someone if you had invested in a stock at .0150 and it dropped over the course of the next year to .0020 and lower?

quote:
Originally posted by Rtrng at 45:
so... um - what happens if this goes to .0001? can this go lower than that?

As stated above, yes, it can. IMHO, if people are buying at .0002, they are buying too soon, as many have said, this will easily hit .0001 next week, so there's not really any point in buying at double what you could wait and buy it for next week. Even then, I still wouldn't buy.

quote:
Originally posted by Monopoly Money:
"toxic finance"

so everyone found a new negative term and is appling it to Q. What a shocking surprise.

Yup, here's a copy from my original post on this.

HOW TOXIC FINANCING WORKS
-------------------------
A financier comes to the CEO when the PPS is .0075 and says, "I'll give you $5 million dollars for the rights to buy 1 billion shares at .0050 two weeks from now."

The CEO wants the money now, but has SEC rules for how much he/she can sell at a time, or maybe they just don't want to be bothered with the trouble of selling it, or perhaps they want to be able to say they have never diluted (meaning themselves directly). $5 million for a billion shares is about .0050 per share, which is lower than the current PPS, but then again, the CEO is restricted on what they can buy and sell. So they accept the deal.

The MM, or hedge fund, or CORNELL CAPITAL (as an example) gives them the $5 million and gets on the market and starts selling blocks of 9 million or so at a time, driving the PPS down. Supposing they sell 200 million shares at .0005 increments for each 5 in downticks, that's $.0075 * 200 million + .0070 * 200 million + ... = $1,500,000 + $1,400,000 + ... = $6.5 million.

Now what has confused penny investors for the longest time is that they believed this "naked shorting" was done without the knowledge of the CEO. It is important for you to know that this is almost never the case. The CEO knows exactly why the PPS is dropping, and will put out fluff PRs to keep it inflated. The better the job they do, they more $millions they'll get "financed".

Hence, "toxic financing". All that is left is for the CEO to raise the authorized shares and/or convert some of the treasury or restricted stock into common stock, and the MM/hedge/financier gets that stock to use to cover their shorts.

Since the financier's initial cost was $5 million, that means they just made a profit of $1.5 million. That's how they make money while giving money to the CEO. And everyone's happy, except the shareholder, who's position has been diluted.

There are two ways to fight this:
1) Request your certifications immediately after purchasing a penny stock. This forces a cover, but requires everyone to do it.
2) Do not invest in penny stocks, or if you do, only in OTC BB stocks where you know exactly what the authorized share count is, and when it is raised by the CEO. Even AMEX stocks have this toxic financing problem.

quote:
also has anyone been selling at .0003 im not i was just wondering if the mm's were buying at the ask at all.
I can confirm that 1 million shares from an account of someone I know went through at .0003 last Thursday. I don't know about anything since then. He was previous trying to sell at .0004 for an entire week. My guess is that a .0002 sell order would go through immediately while a .0003 order might take at least 3 days.

Eventually this will hit .0001 and a week thereafter it may be difficult to sell QBID at all (some people have reported success by trying to sell at a fifth digit past the decimal, like .00028 or so.

--------------------
As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO.

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Honest Trader
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For some reason I see q-invest posts identical to Karzoid Fistula posts at Raging Bull !! almost same syle , I would say its the same person !

--------------------
T

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Marty
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Thanks Rod,
But I don't think luck has anything to do with it....this thing is being massively manipulated IMHO....but what do I know....GL....
quote:
Originally posted by Penny-Trader:
ok Noah and i will lock the door on the way out if we leave. i wouldnt count on it.

we will keep the light on and the door unlocked for ya if you come back.

Good luck with your sale Marty.

I will stay till the end or till im rich whichever comes first. I wont be disappointed either way. I spent the money long ago, it wont and cant hurt me now.

Rod



--------------------
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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Marty
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LOL g...... [Eek!] The DD is great, but the rhetoric? LOL!!! GLTA.....

--------------------
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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Marty
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Sheesh! This board IS 'toxic'.....(and no, the door won't hit me in the azz.....thank you very much).....

--------------------
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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T e x
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Marty,

hey, bro, I'm with you--doors come and go: but a man's gotta stand his ground, lol...

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Marty
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Yup Tex,
Sometimes 'ya get 'em, some times ya' lose 'em. I believe, what I believe. Everyone else, believes what they believe, and what they want to believe.....I'm with ya' man [Wink] GL....
quote:
Originally posted by BuyTex:
Marty,

hey, bro, I'm with you--doors come and go: but a man's gotta stand his ground, lol...



--------------------
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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T e x
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quote:
Originally posted by Marty:
Yup Tex,
Sometimes 'ya get 'em, some times ya' lose 'em. I believe, what I believe. Everyone else, believes what they believe, and what they want to believe.....I'm with ya' man [Wink] GL....
quote:
Originally posted by BuyTex:
Marty,

hey, bro, I'm with you--doors come and go: but a man's gotta stand his ground, lol...


raise yur collar against the wind...

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Marty
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Put your head, and fists towards the action, and your back at the wind, if that fails, swing for glory [Wink]

--------------------
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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Sam1959
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Charo was on Jack E Jett tonight. I only caught the last part of the show, so I don’t have much to say about it. He did have an interesting “choir of transvestites” singing Christmas carols.
It looked like they did have some paying commercials during the show (about 2 every 15 minutes from what I could tell). During the time I watched, I saw commercials for:
Paint Stripper Cream
PSA-Loose weight snacking on fruits and vegetables
Osteon Arthritis Medicine
Titanium Turbo Razor
PSA-Be a Mentor to Kids
PSA-Be a hero; Adopt a child

--------------------
Sam

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Sam1959
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First fight on The Ultimate Combat Experience was pretty good tonight.
Had some more paying commercials too. In the first two commercial breaks I remember seeing:
Titanium Turbo Razor
Orbitz.com – Find gay-friendly hotels on…
Devry University Online

That’s all I’m watching tonight… Going to bed.

--------------------
Sam

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buckwheatbob
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Where is your proof it is "Toxically Financed". Show the board the proof!!

quote:
Originally posted by a4realguy:
It's toxically financed and going nowhere.... cry now, or cry later, not much difference..



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

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Dustoff 1
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Just when ya think it might be worth buying in?

LOOK at Franks picture! lol

He looks like a huckster at a traveling Carnival!

Hey folks, those Carnies are some tuff characters. I know, at the Oregon State Fair when I was a teenager, I got mixed up in a rumble with them one night. Man, those cats like chains and Knives!!!

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At your best attempt, you could not get me upset. You’re arrogance and long windedness is basic entertainment for me an this thread. Maybe we should put in a request for Jack E. Jett to interview you, titled “simple people”. You are the same person who also claims he works for the government doing secret crap. I had to get a drop sheet for that one because I dam near pissed myself laughing. Remember who you told that story too or how many you told? LOL!

If there is one thing that is for sure is that if you where ever in a car accident, you would not be hurt as “Hot Air Bags Save Lives”.

Hopefully you don’t get into one, but I am sure you are just as arrogant behind the wheel as you are on the board. Attitude is reflected in many ways. Drive safe!


quote:
Originally posted by g-invest:
quote:
Originally posted by buckwheatbob:
I believe you promised you where leaving if the price got this low.

I said nothing of the sort. You're just upset that I'm not pumping the stock for you. You're ignoring tactic is working out really well for you. I'm noticing you reply to every single post I make.

quote:
Originally posted by firefly:
It is very puzzling but QTN keeps rolling out. If cables companies think Q is in trouble then why would they keep expanding?

Because it isn't in financial trouble. Even if they expend all 60 billion authorized shares they can always increase the authorized shares again and again and you'll have investors like buckwheat here that will keep "averaging down".

It's really easy for a company to do a reverse-split, they don't even have to release a PR to do it! The new CEO will be all about the R/S! Reverse split of QBID will probably hurt the company in the short term, but if they reverse split with 60 billion shares at a rate of 10,000 to 1, then QBID is now a 60 million share stock. They can simply change the ticker, probably the name from Triangle Multimedia to Q Multimedia and the ticker (QMMA) and wait a year or two for the forum posts to die down and the stock to hit .0001 again. Then they release a bunch of PRs and announce they'll never do a reverse split "while I'm in charge" and raise the authorized shares to a billion and continue from there with toxic financing.

quote:
Originally posted by Bigrod40:
[Eek!] Here's my take.

Frank is buying back all he can at these prices and will retire them all.
So Frankie Boy, I personnally don't give a SH*T if you dont release the Audit till your finished buying back Billions,(why release something that could skyrocket the PPS) Frankie Boy is no dummy.

Why buyback the shares when someone else will buy his preferred shares from him, do a reverse-split, and then he'll make money when the PPS rises later on?

http://www.iposhells.com/reversemerger.html
http://www.ipo-merge.com/reverse.html
http://www.otctraders.com/steps.html
http://www.otctraders.com/theory.html

Using 505 to make money:
http://www.edgar-filing.com/reverse.htm
http://www.sec.gov/answers/rule505.htm

quote:
Originally posted by mjm2005:
Where's the DD though? Rather than the constant arguments and constant unbacked statements...because your plethora of opinions do not count as DD. But, I have to go study at Wake Forest.

Fair enough, I give a 1999 PR:
quote:
Monday December 27, 3:49 pm Eastern Time
Company Press Release
Triangle Multi-Media Limited Inc. Announces That The Each Item In The Proxy Statement Issued To Shareholders Was Overwhelmingly Approved By Said Shareholders:
PALM SPRINGS, Calif.--(BUSINESS WIRE)--Dec. 27, 1999--Triangle Multi-Media Limited Inc. (OTCBB:QBIDE - news) announces That The Each Item In The Proxy Statement Issued To Shareholders Was Overwhelmingly Approved By Said Shareholders:

1.) Name change from Integrated Healthcare Inc. to Triangle
Multi-Media Limited Inc. (symbol "QBIDE");

2.) Ratification of authorizing 300,000,000 common shares no par value and creation of 20,000,000 super voting convertible preferred stock ($.001 per share);

3.) Ratification of a Class B Preferred Stock which shall convert for 100 shares of common stock;

4.) Ratification of a Class B non-voting convertible stock with a five (5) year callable 8.25% cumulative interest rate and no par value;

5.) The election of Frank Olsen, Rene Schenk, and Ronald Orden as Directors of the Corporation (although elected a director Dr. Haggett has heretofore declined the office due to other business endeavors);

6.) For ratification of the Merger Agreement between Palm Springs Television Studios and Integrated Health Care Inc. (now known as Triangle Multi-Media Limited Inc.) as a part of the merger which closed on Aug. 30, 1999; and

7.) For approval of the proposed business combination of Triangle Multi-Media Limited Inc. and Triangle Broadcasting Company ("GAAY"). It is QBID's understanding that said proxies for "GAAY" shareholders will be mailed within approximately 5 working days.

Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties detailed in the company's filing with the Securities and Exchange Commission.

-------------------------
Contact:
IMS
Public Relations, 888/497-0606

And another:
quote:
COMTEX) B: (QBID) Triangle Broadcasting to Sweeten
Offer to Triangle
B: (QBID) Triangle Broadcasting to Sweeten Offer to
Triangle MultiMedia Limited
for Business Combination

PALM SPRINGS, Calif., Sep 14, 1999
(ENTERTAINMENT WIRE) -- Triangle
Broadcasting Company (OTCBB:GAAY) announced today
that it is increasing
its share offer to Triangle MultiMedia Limited
(OTCBB:QBID) for the
purposes of facilitating a Business Combination.

Management has requested that Triangle MultiMedia
Limited "sticker"
their current proxy to include the increased offer.
Previously,
management had offered a 1 share for 1 share
exchange. The new offer is
three and three-quarter shares of GAAY for each share
of QBID. The
offer is made to the QBID shareholders based upon the
following items:

(1) Net Asset Value of each company.
(2) Number of shares outstanding in each company.
(3) Management of each company.
(4) Share Price and Market Capitalization of each
company.

Shareholders of QBID will be asked first to consider
the new offer in
their current proxy. If the offer is not accepted by
QBID shareholders
each company will continue as an individual entity. If the
offer is
accepted then it will need to be ratified by GAAY
shareholders in a
proxy within the next 30 days following the end of the
QBID proxy
period. If GAAY shareholders do not ratify the
combination ratio then
each company will go on as individual entities. If GAAY
shareholders do
ratify the combination ratio then the companies will be
combined into a
new entity also called Triangle MultiMedia Limited on a
ratio of three
and three-quarter GAAY shares to one QBID share.

Due to a potential conflict of interest with GAAY
shareholders neither
management nor Frank Olsen will vote any of their GAAY
shares. The
decision to combine or not combine on the proposed
ratios is solely in
the hands of the public shareholders of GAAY at that
point. Prior to
the GAAY proxy, if it is needed, independent appraisals
of QBID's
assets and liabilities will be available for review by
GAAY
shareholders in the offices of Triangle MultiMedia
Limited.

Triangle MultiMedia is in the process of beginning its
audit so that it
may become a reporting company. If these audits are
available to
management on a completed or nearly completed basis
they too will be
made available to the shareholders of Triangle
Broadcasting Company.
Additionally a business plan for Triangle MultiMedia will
be available
to GAAY shareholders for review if complete at the
time of proxy.

Safe Harbor Statement Under the Private Securities
Reform Act of 1995:
The statements contained herein that are not historical
facts are
forward looking statements that are subject to risks and
uncertainties
that could cause actual results to differ materially from
those
expressed in the forward looking statement. There is no
guarantee that
the shareholders of either company will accept this
offer of a business
combination. Investors at this and other stages of this
transaction are
subject to a high degree of risk and can lose up to their
entire
investment on both companies at anytime.

Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Triangle Broadcasting Company
James French, 760/322-1217

WEB PAGE: http://www.businesswire.com

Noteworthy:
"Triangle MultiMedia is in the process of beginning its audit so that it may become a reporting company." - Letter to GAAY (later to become QBID) shareholders, 1999.

A converted file from the Washington SEC:
http://gravito.com/qbid/triangle.pdf

quote:
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 KNTB(AM)) in 1998 as evidence that he never ceded control of the station to Triangle.

Or this one:
http://gravito.com/qbid/abstain.mp3

I've done plenty of DD and brought it to the board, I don't know what you're talking about. Maybe you're just catching the posts where I complain about the same two users giving me trouble.

quote:
Or, did you DECIDE you were finished?
I have to assume based on comments like this that those of you who are upset that I have a college degree must not have one, and are probably investing in pink sheets because you are hoping to strike it rich on your first try. I wish you good luck, and encourage you to look up the difference between common investment terms, like treasury stock, outstanding stock, authorized stock, and common stock.

quote:
Originally posted by MillerTIME:
i have NO idea why, but this was definately the first time i saw the PR say at the top "Burbank CA and New York NY."

Reverse Merger in progress. Stay tuned to QBID PRs for more info! Expect reverse split within a month of announcement of new CEO!

quote:
This is the main reason why i think Frank personally is NOT diluting shares.
Since I learned about toxic financing, I believe he is not personally diluting shares, too.

quote:
Originally posted by juice:
how hard is it to get listed on the pk market?

If by pk, you mean "Pink Sheets", you can supposedly do it for less than $65,000, but most websites do it for somewhere under $100,000. Refer to the links I have above or do a Google search for "reverse merger".

QBID is not even worth 12 million, that's why people are still selling.

quote:
Originally posted by Trader O:
No, my point is that this is a great buying opportunity. I mean, we're at 0.0003. We can only go to 0.0001, right?

Absolutely not. Frank stated that while he was CEO he would never issue a reverse split. That doesn't mean the next CEO won't, or that he won't continually dilute into .0001, like Urban did: to the tune of over 700 billion shares.

If you are expecting this to go no lower than .0001, you're purchasing on a false assumption. This can go lower, and all the signs are pointing to a reverse-merger now, especially with the absence of the CFO. But hey, its your buck, spend it how you like.

quote:
Whose turn is it to predict a Friday afterhour release of the audit? We had one predict Nov 25 and another Dec 2. Who else wants to be wrong?
I predict the audit is never released. It is likely done and will sit on his desk forever. Each day it doesn't come out is another day that confirms that even on paper, QBID is not even worth the $6 million market cap that it would be at .0001. It's why the price keeps falling. I would put its common stock value at around $450,000 to $800,000. Yes, that includes the studio Frank foolishly paid over a million for. The reason I say this is because QBID has a debt of two million.

Basically, you can value QBID at anything less than 6 million and Frank can't prove that you're wrong until he releases the audit. Something to keep in mind. If he truly wanted to raise the PPS to it's "true" value, all he would have to do is release that audit.

Since he's not, what does that tell you?

quote:
Originally posted by Optimus Prime:
Case in point is SIRI. They really made their pps move not only after signing Howard but after hiring Mel Karmazin, a wizard at running radio. Like Joe Clayton for SIRI, Frank can stay on as Chariman of the Board and keep his majority interest. They need to transition to responsible business growth rather than the start-up mentality. Its time to grow as a company and I don't think Frank knows how to do this.

I was on other forums around the time SIRI was really in the rut (before the reverse split to become a legit company) and so I know what you're talking about. I never invested in SIRI (I was dealing with ERICY's reverse-split and made a boatload buying it at .35 cents to .60 cents before the 10-to-1 reverse) but I know that many people in the stock thought all was lost just cause of the CEO.

My only hope for QBID is that when Frank does leave, this company doesn't stay an unreporting POS. I think the action of the new CEO should be to file the audit with the SEC, tell the shareholders everything Frank did to screw them over, and apologize on his behalf. Then reverse split this and get it on the OTCBB, AMEX, or any number of better exchanges.

The fact that this company is supposedly worth 6 million or more and it is still struggling to get off the Pink Sheets is laughable at best. This CEO is an a-hole to the nth degree, and he's held to a lower standard than the average forum poster. It's about time he got a set and let someone else take over to try to fix the harm that he's done.

If you listen to the CC, you'll hear the voice of a delusional man who doesn't even seem certain why he's bothering to justify to his shareholders why he makes the decisions that he does. He leads with "I'll tell you what I think I'm obligated to do for you, and what I think you are obligated to do for me." That's not how a CEO should treat shareholders. Even if he does own %53, he should still treat his shareholders with respect. They aren't his employees!

quote:
Originally posted by DIGDOUGH:
Imakmoney-I just talked to Tara at Q in Burbank a couple of hours ago. She said she is fairly new there and that she doesn't invest in the stock market.
I asked her if Q is going out of business and she said no. Isaid the stock is almst worthless.
I asked her if Frank is there and she said he is not.
She asked to take my name and phone number and she would give it to Frank, so I did.
I don't expect to hear back. It'll be a surprise if I do.

If you guys keep calling his employees, you might see a PR from Frank saying "Knock it off". Which would be excellent, because you're finally putting pressure on him where it has an impact on how he does business. If he has an incentive to increase the PPS, it might just rebound a little so you can recooperate a tiny bit on your losses. I doubt it'll hit .0010 before a reverse-split again, though.

quote:
Originally posted by doctonone:
I first heard of this stock when reading this message board back in 2003 when the great Diana was pumping it up and getting everyone excited about her Vegas party.
Wish I would have never stumbled across this site.

Sorry to hear about that. Some of us suspect Diana still posts here under a new name.  -

quote:
Originally posted by Monopoly Money:
So it is your opinion is that, since i dont make more money then you, i am not compitent enough to make my own financial decisions? That seems more the words of an egotistical insecure person versus a savior. I understand you think everyone is child-like in all matters reguarding money, compared to you, and are not capable of making informed decisions reguarding their investment expenditures.

You know, no where did he say that he thought he was better. You're trying to use the same argument that you would against me against this doctonone guy. No offense, but if there is anyone you should be directing that argument against, it's ME: the one that enjoys watching pumpers lose their money pumping dying stocks, not some guy that legitimately is concerned about a poor financial decision.

In other words, he's trying to warn you. There's nothing wrong with that. Wouldn't you want to warn someone if you had invested in a stock at .0150 and it dropped over the course of the next year to .0020 and lower?

quote:
Originally posted by Rtrng at 45:
so... um - what happens if this goes to .0001? can this go lower than that?

As stated above, yes, it can. IMHO, if people are buying at .0002, they are buying too soon, as many have said, this will easily hit .0001 next week, so there's not really any point in buying at double what you could wait and buy it for next week. Even then, I still wouldn't buy.

quote:
Originally posted by Monopoly Money:
"toxic finance"

so everyone found a new negative term and is appling it to Q. What a shocking surprise.

Yup, here's a copy from my original post on this.

HOW TOXIC FINANCING WORKS
-------------------------
A financier comes to the CEO when the PPS is .0075 and says, "I'll give you $5 million dollars for the rights to buy 1 billion shares at .0050 two weeks from now."

The CEO wants the money now, but has SEC rules for how much he/she can sell at a time, or maybe they just don't want to be bothered with the trouble of selling it, or perhaps they want to be able to say they have never diluted (meaning themselves directly). $5 million for a billion shares is about .0050 per share, which is lower than the current PPS, but then again, the CEO is restricted on what they can buy and sell. So they accept the deal.

The MM, or hedge fund, or CORNELL CAPITAL (as an example) gives them the $5 million and gets on the market and starts selling blocks of 9 million or so at a time, driving the PPS down. Supposing they sell 200 million shares at .0005 increments for each 5 in downticks, that's $.0075 * 200 million + .0070 * 200 million + ... = $1,500,000 + $1,400,000 + ... = $6.5 million.

Now what has confused penny investors for the longest time is that they believed this "naked shorting" was done without the knowledge of the CEO. It is important for you to know that this is almost never the case. The CEO knows exactly why the PPS is dropping, and will put out fluff PRs to keep it inflated. The better the job they do, they more $millions they'll get "financed".

Hence, "toxic financing". All that is left is for the CEO to raise the authorized shares and/or convert some of the treasury or restricted stock into common stock, and the MM/hedge/financier gets that stock to use to cover their shorts.

Since the financier's initial cost was $5 million, that means they just made a profit of $1.5 million. That's how they make money while giving money to the CEO. And everyone's happy, except the shareholder, who's position has been diluted.

There are two ways to fight this:
1) Request your certifications immediately after purchasing a penny stock. This forces a cover, but requires everyone to do it.
2) Do not invest in penny stocks, or if you do, only in OTC BB stocks where you know exactly what the authorized share count is, and when it is raised by the CEO. Even AMEX stocks have this toxic financing problem.

quote:
also has anyone been selling at .0003 im not i was just wondering if the mm's were buying at the ask at all.
I can confirm that 1 million shares from an account of someone I know went through at .0003 last Thursday. I don't know about anything since then. He was previous trying to sell at .0004 for an entire week. My guess is that a .0002 sell order would go through immediately while a .0003 order might take at least 3 days.

Eventually this will hit .0001 and a week thereafter it may be difficult to sell QBID at all (some people have reported success by trying to sell at a fifth digit past the decimal, like .00028 or so.



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

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Dustoff 1
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Hey buckwheat, are you looking for Nasdaq runners this AM too?

BTW, whoes the biggest Hot Air bag? Me or q-vest? LMAO.

Your post right under mine leaves one to wonder, hmmmmm. LOL

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noah129
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hey troopers how many think we are gonna uptick today. im gonna pump pump and then pump some more just joking .

i truly hope frank is buying some stock down here i dont care if he retires the shares go ahead and sell them higher.

come on are we really only being valued at between 12-18 million. to me this is just idiocy.

but then again what do i know i thought buying in at .005+ was a steal a while back.

anyways i think we are ready for a real trend reversal maybe we need to go to the basement first but i am not sure that will happen.

best of luck to you all on this beautiful december day.

sincerely noah your qbidiot 22 million long and strong.

--------------------
gotta know when to hold em and when to ..........

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Doctoall
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Good morning fellow "Qbiddians". [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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GatorMan
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quote:
Originally posted by g-invest:
It's really easy for a company to do a reverse-split, they don't even have to release a PR to do it! The new CEO will be all about the R/S! Reverse split of QBID will probably hurt the company in the short term, but if they reverse split with 60 billion shares at a rate of 10,000 to 1, then QBID is now a 60 million share stock. They can simply change the ticker, probably the name from Triangle Multimedia to Q Multimedia and the ticker (QMMA) and wait a year or two for the forum posts to die down and the stock to hit .0001 again. Then they release a bunch of PRs and announce they'll never do a reverse split "while I'm in charge" and raise the authorized shares to a billion and continue from there with toxic financing.

A reverse split does not automatically mean a R/S of the A/S. So the 10,000:1 R/S in this example could leave us with 60 million issued shares and still 60 billion A/S. This is generally the reason companies do a R/S to begin with, to free up more shares to issue. Now, if the R/S DID include the A/S I would have no problem with it.

As I've said before, and IMO, I think to keep things "legal" Frank is using the restricted shares to either puill money out of the company though dividends and then loaning it back, or the restricted has cumulative dividends. In either case, that puts him at the front of the line when QTN sells or goes bankrupt. I think THAT is why the audit is not being released, because it would clearly show that this is going on.

--------------------
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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anyone been able to get a fill at .0002 y;et?

also would someone mind to post the level 2's .

thanx in advance sincerely the qbidiot hehe.

--------------------
gotta know when to hold em and when to ..........

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Guys I just found this info, its called the encyclopedia Brittanica. I'll try to post the whole thing at once,but its kind of long so maybe I should break it up. Let me know if you're ready?
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noah129
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we are ready? post away dig

--------------------
gotta know when to hold em and when to ..........

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I'll wait till we star a new thread.
I'll be glad when this stock moves out of the realm of bullsh1t, into something tangible.

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level 2''s anyone thanx?

--------------------
gotta know when to hold em and when to ..........

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madmoney
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0002x14 - 0003x10 last 100000*0002, volume 158.9 mil [Mad]
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Frank should have got his love letter by now. To get off his ego trip and reveal Qs financials to the public.
I can't imagine why he has to keep hiding stuff. Every other entity gets to know about his dealings.

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Neither, Frank wins, hands down.

quote:
Originally posted by Dustoff101:
Hey buckwheat, are you looking for Nasdaq runners this AM too?

BTW, whoes the biggest Hot Air bag? Me or q-vest? LMAO.

Your post right under mine leaves one to wonder, hmmmmm. LOL


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i think they only deleted the double post.

you posted it twice.


or you didnt see it update so you posted it again.

Im not sure but it was there twice.

Rod

quote:
Originally posted by g-invest:
uhh.. ok? Where'd my post go?



[ December 13, 2005, 11:59: Message edited by: Penny-Trader ]

--------------------
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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Thanks Sam.

looks like most of those commercials would be revenue generating adds. maybe not the last 2, they look like public service announcements, but the rest would all be paid commercials for sure.

Keep us informed Sam.

thanks

Rod

quote:
Originally posted by Sam1959:
Charo was on Jack E Jett tonight. I only caught the last part of the show, so I don’t have much to say about it. He did have an interesting “choir of transvestites” singing Christmas carols.
It looked like they did have some paying commercials during the show (about 2 every 15 minutes from what I could tell). During the time I watched, I saw commercials for:
Paint Stripper Cream
PSA-Loose weight snacking on fruits and vegetables
Osteon Arthritis Medicine
Titanium Turbo Razor
PSA-Be a Mentor to Kids
PSA-Be a hero; Adopt a child



--------------------
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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Dustoff what does someones looks have to do with anything?

how about you post a picture of you so we can get an idea if you are worthy of listening too!

common you are better then that.

who says you have to be attractive to be successful?

I dont mind you making fun of QBID but really to stoop to making comment like this is really beneath you. You are much smarter then that.

Rod

quote:
Originally posted by Dustoff101:
Just when ya think it might be worth buying in?

LOOK at Franks picture! lol

He looks like a huckster at a traveling Carnival!

Hey folks, those Carnies are some tuff characters. I know, at the Oregon State Fair when I was a teenager, I got mixed up in a rumble with them one night. Man, those cats like chains and Knives!!!



--------------------
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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By: tallboynca0
12 Dec 2005, 10:12 PM EST
Msg. 128761 of 128781
Jump to msg. #
Q TELEVISION San Diego
I have to say, as a gay guy I abosultely love the original programming! On Q Live, On Topic, Queer Edge, Brunch...getting addicted. We have great things going................PPS well hopefully soon!

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

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Posted by: DoubleK
In reply to: mr_geronimo who wrote msg# 196740 Date:12/12/2005 9:20:39 PM
Post #of 196859

She had a bady ???? Well, I'll tell you she looks great and has
incredible energy. Plus they had a clip of her playing guitar...
quite accomplished. She really is fun to watch....
just saw Paul Reiser during a Q break make a plug for Q.

--------

Posted by: DoubleK
In reply to: skunksyard who wrote msg# 196746 Date:12/12/2005 9:42:59 PM
Post #of 196860

I do... just didn't see it with them.
What's what with Jack E.'s hair ?
I do like him very much... a real hit.
JMO !

------------

Posted by: DoubleK
In reply to: skunksyard who wrote msg# 196753 Date:12/12/2005 9:50:13 PM
Post #of 196860

Yes saw Honey on Brunch today... always nice to watch her
with Scott. Honey mentioned on another Brunch that she
has a 16 yr. old daughter


-----------

Posted by: DoubleK
In reply to: dkgross who wrote msg# 196754 Date:12/12/2005 9:51:58 PM
Post #of 196860

DK: They had a clip of Charo playing guitar... very fluid
and sexy of course. i just wish they interview her more
on th show.

--------------

Posted by: DoubleK
In reply to: None Date:12/12/2005 9:55:49 PM
Post #of 196860

Still think Jackie needs more polishing... stutters too much.

---------------

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

Posts: 3100 | From: Louisiana | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
ptrs30
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Q Television was added to TW Houston channel line up today. Channel 537.

http://www.timewarnercable.com/Houston/

--------------------
Peter

Posts: 70 | From: Los Angeles | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
MillerTIME
Member


Member Rated:
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HERE! launches on Time Warner Cable in Palm Springs Dec 9th.....

http://heretv.com/ANewsArticlePage.php?newsKey=51

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

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Doctoall
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Miller I got your PM

--------------------
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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