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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » QBID XXXIII "Q" The Global Frontier (Page 112)

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Author Topic: QBID XXXIII "Q" The Global Frontier
Penny-Trader
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i dont buy this theory. if they where not getting the subscriptions, then TW would not have added the additional 4 markets after adding the first one for over a month.

also in the lawsuit, Firestorm makes that comments about the subscriptions exploding and growing rapidly. I dont think subscriptions are an issue. the fact that these carriers are all coming on line quicker and quicker tells me that they are having over whelming success. and wait till the planet out deals numbers are calculated in. this thing is going to be growing like crazy.

you have to remember that if you have a business in the US you have a 1 in 4 chance of being sued. It is one of the biggest get rich schemes in America. Think about it. some one you know has sued some company for big dollars.

Lawsuits are nothing new to Frank. he has a way of getting out of things unscaved. This is not the first time he has been in one. It appears from most of the dd i have done that Frank has had lawsuits with just about every company that he has acquired along the way. if you dont believe that then go to the FCC web site and do a search of Franks name. you will find endless accounts of Frank taking control of companies and the former CEO claiming that he has not given up control, but Frank always wins.

This is his bag and he knows how to handle it. He has spent his life acquiring businesses that are going bankrupt, and has plenty of experience dealing with lawsuits.

Rod

quote:
Originally posted by mattbarrett:
yeah that is the most reasonable ideas i ve heard Fatheroftwo.

but why would they want to dump, Maybe they have a bad feeling.

If that is the case. If we find out that the carriers such as TW, Cox and so one are dumping they might have some insider news. Like the lack of subscribers?



--------------------
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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Penny-Trader
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ok yes you are right i forgot about that . there where a lot of pages to digest.

Rod

quote:
Originally posted by DIGDOUGH:
at around between pages 145 to 155 or so it is mentioned and lower down I saw Firestone admit to receiving 500,000,000 restricted shares. Frank said it was necessary for the shares to remain restricted to gaurantee that Firestone would keep their part of the agreements.


quote:
Originally posted by Penny-Trader:
From what i can tell it is hard to say if they even got thier shares. I cant see anywhere that states they got them yet.

Rod

quote:
Originally posted by DIGDOUGH:
Ok, so Firestone never got their restricted shares converted to common ones. So they couldn't be diluting. IMO





--------------------
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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Penny-Trader
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3? what are the three?

i know of the one with the priest
and this one.

what is number 3?

am i missing something?

or are you counting the counter suit as the 3rd one?

rod


quote:
Originally posted by mattbarrett:
Alright ladies and Gentlemen,

The fact is Frank has three lawsuits in front of him.

The first one was issued a month back and is only now going to court. QBID has many days left in court. This will give us some info. We needed to know, but at what expense.

The way i look at it is, frank has been keeping a lot of info. from the shareholder. First the 3 lawsuits, second the audit that was promised in a PR. He broke contract with two people, and that will be tough to fight in court.

QBID share price isnt going to even if god had a say in it, and we all know how god feels about the gays.

We also have carriers were picking up, this could discourage carriers from picking up QTN, and if we dont get 150 areas by_____. Whats the date? We lose the 2006 Gay Games.

The best thing frank could do would be to keep the investors, and shareholders informed, but good luck with this.

I sitting on 6 million right now, wishing i put it into Sirius a year ago when i had the chance. I guess now all i can do is to ride this roller coaster of pandemonium to where ever it goes.

JMO, what u think?



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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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mattbarrett
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Penny-Trader can u please post a link to the legal document, or send it by email.

Thankyou sir!

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In it to make some money.

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Numa
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It sounds like BOTH of these companies have serious issues. I think Q is going to have trouble with the following:

1) Q cites poor production quality and unusable productions several times, yet as late as mid September, Frank began negotiations to produce another show with them. This was not a good idea. Additionally, there is evidence of him praising the work of Firestone and claiming he was proud to be working with them (in June 2005.)

2) The whole Franklyn broadcasting thing. I think we need some good DD on this and try to determine if the company was in fact dissolved in 1998.

3) From Frank's own admission there were some serious problems when paying Firestone. Checks were lost and cancelled, late or nonpayment, etc. During the correspondence to Firestone (in the exhibits we've seen) Frank didn't say he was witholding payment due to breach of contract. He apologized for the lack of payment and said he would pay it.


I'm getting punchy and need to sleep but I'll review it some more tomorrow and see what others have posted.

While I don't doubt that Firestone screwed up the productions, Frank may have shot himself in the foot by going back to them time and again with new projects. I think that may screw him over.

Night all!

--------------------
"Please note that every week from now until the end of time is a 'coming week.' "

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qlooz
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AS THE WORLD OF QBID TURNS... tune in tomorrow, if we find out ...will we side with firestone or Qtn... will frank make a PR... Will the stock plummet even further? will Buckwheatbob and g-invest finally duke it out?
will we ever see an audit?

STAY TUNED!!!

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Numa
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Oh, one last thing that popped in my head.

If Frank was hating Firestone and needed to get away from them as soon as possible (keep in mind Firestone was threatening to pull the plug altogether,) Frank absolutely needed to get his own studio. He may NOT have gotten the sweet deal everyone thinks he did. Maybe it was an act of desperation to get away from Firestone.

Just thinking out loud....

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"Please note that every week from now until the end of time is a 'coming week.' "

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Penny-Trader
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quote:
Originally posted by mattbarrett:
Penny-Trader can u please post a link to the legal document, or send it by email.

Thankyou sir!

it was on page 109 of this thread but here is again

http://s63.yousendit.com/d.aspx?id=356KN9NWE57800M9PYYP7H5SRU

--------------------
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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Penny-Trader
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i knew there was something up about Franklin back on the December 1st funny timming eh!! [Wink]
I posted a few things about Franklin but they got deleted i believe because someone thought it was off topic.
there is however my first post about it on page 43 of this thread and i will post it below.

I went on to find more about Franklin and found that they where disolved in 1998


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posted December 01, 2005 00:45
--------------------------------------------------------------------------------
on the end of all the segments of qtn worldnews its the tag line Franklin Broadcasting.

i did a bit of searching and they are a radio giant that has been around sinse the 1960s.

I take it they are one of the money machines behind the Q.

here is a bit of info on what they own now.

http://www.publicintegrity.org/telecom/analysis/CompanyProfile.aspx?HOID=33185

http://www.google.com/search?sourceid=navclient&ie=UTF-8&rls=GGLD,GGLD:2005-11,GGLD:en&q=Franklin+Broadcasting
--------------------------------------------------------------------------------
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--------------------
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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qlooz
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Hey frank could get a sex change then our stocks would go up because QTN would announce a new CEO Frita olsen. Under new management.
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Marty
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Pay attention. The allegations in here are serious. Fraud, Breech of Contract, giving funds/stock directly to Firestone executives, etc.....there are NO good things in this if you read it correctly.....JMHO....
quote:
Originally posted by Marty:
The first 3 pages show Notice of Removal of Defendants, because the suite is over $75k, and the defendants, QTN and Frank Olsen, are in differing jurisdictions. Filed by the defendants.

I wonder if the 16 billion A/S shares increase, went to Firestone as settlement. That is around $5mill at current PPS......JMHO....



--------------------
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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Penny-Trader
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lol

well im off to bed I have a meeting with the lawyers first thing in the am then i have to get my firearms verified by a government agent to keep in accordance with our new gun laws in Canada, so that i can keep legal.

i could go on for ever about our stipid gun laws up here but dont have the time tonight lol

have a great evening and i will try and catch up on the thread before i go to work at noon tommorrow.

Go Franky

Go Q

im behind ya

--------------------
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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Marty
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And here's a link before someone zaps it:
http://tinyurl.com/ahfq9

--------------------
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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mattbarrett
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Interesting Question?

It says in the lawsuit,
Firestone Comm. vs Q Television Network, Frank Olson, Aka Frank Olsen

Why is this lawsuit not QBID, Triangle Media, and what the heck is up with Franks different Names. LOl

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In it to make some money.

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Optimus Prime
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Dude, why didn't you read the whole document? You obviously must have stopped reading half way through because you obviously didn't read the counter suit or the defense reply.

Some of you people are showing your inexperience in the business world. These law suits come and go. They are settled out of court more than 90% of the time.

And if you think a 3 million dolar law suit is going to push away TWC, Cox, etc, then you really don't understand business. THEY DON"T CARE AS LONG AS MONEY IS COMING IN AND NOBODY HAS COMMITED MURDER OR AN ACT OF TERRORISM. They will care if TMM (NOT QTN) goes under.

I think the person who stated that Frank could reorganize QTN without touching TMM was right on the money (sorry, I can't remember who it was).

Here is something to think about. Wouldn't it be ironic if one of the things people used to bash this stock a while back (QTN not being part of TMM) could be the thing that saves their money from a bankruptcy?

quote:
Originally posted by Marty:
Pay attention. The allegations in here are serious. Fraud, Breech of Contract, giving funds/stock directly to Firestone executives, etc.....there are NO good things in this if you read it correctly.....JMHO....
quote:
Originally posted by Marty:
The first 3 pages show Notice of Removal of Defendants, because the suite is over $75k, and the defendants, QTN and Frank Olsen, are in differing jurisdictions. Filed by the defendants.

I wonder if the 16 billion A/S shares increase, went to Firestone as settlement. That is around $5mill at current PPS......JMHO....




--------------------
"True Wisdom Only Comes From Pain"

10.3 Million Shares and Holding

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Marty
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Dude,
You obviosly didn't read my ENTIRE response. I read ALL of the lawsuite evidence. I have MASSIVE experience in the business world, from maagement to executive levels. Perhaps you should stop, think, AND proofread befor making such erroneous comments.
quote:
Originally posted by Optimus Prime:
Dude, why didn't you read the whole document? You obviously must have stopped reading half way through because you obviously didn't read the counter suit or the defense reply.

Some of you people are showing your inexperience in the business world. These law suits come and go. They are settled out of court more than 90% of the time.

And if you think a 3 million dolar law suit is going to push away TWC, Cox, etc, then you really don't understand business. THEY DON"T CARE AS LONG AS MONEY IS COMING IN AND NOBODY HAS COMMITED MURDER OR AN ACT OF TERRORISM. They will care if TMM (NOT QTN) goes under.

I think the person who stated that Frank could reorganize QTN without touching TMM was right on the money (sorry, I can't remember who it was).

Here is something to think about. Wouldn't it be ironic if one of the things people used to bash this stock a while back (QTN not being part of TMM) could be the thing that saves their money from a bankruptcy?

quote:
Originally posted by Marty:
Pay attention. The allegations in here are serious. Fraud, Breech of Contract, giving funds/stock directly to Firestone executives, etc.....there are NO good things in this if you read it correctly.....JMHO....
quote:
Originally posted by Marty:
The first 3 pages show Notice of Removal of Defendants, because the suite is over $75k, and the defendants, QTN and Frank Olsen, are in differing jurisdictions. Filed by the defendants.

I wonder if the 16 billion A/S shares increase, went to Firestone as settlement. That is around $5mill at current PPS......JMHO....





--------------------
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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. Double post....

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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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mattbarrett
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Ok, after reading through the files I want to express my ideas, and ask a couple questions relating to the matter.

First for the good old rumor: Nothing in the lawsuit clearly states that QTN is apart of QBID. However, we were all told by frank in the CC, and press release, that QBID owns QTN.

Furthermore, what continued to upsets me was the fact that Frank approached Firestone Communication, two times, as an owner or CEO a different company, beside QTN, and QBID. First he came on behalf, Franklin Broadcasting, which is said to be dissolved in 1998. Second, Frank posed as CEO of Liquidation by Satellite, as division of QBID.
(On or around page 26.)

For Frank and QTN argument, it does look like Frank and QTN has a point to their argument about quality of work, and this can be proven by tape. In every agreement it stated the Terms for Termination, and it included poor quality. Second, Frank suggest that Firestone excs. Lied about there business activates, this could be helpful in proving Firestone mislead QTN. The other interesting suggestion implication is that Firestone tried to blackmail QTN to pay, and continue to produce.

In conclusion, it did look like frank had a bunch of shows ready to create, that he agreed to. However, frank has an interesting argument to the quality of work. And if he did waste a lot of money on poor quality production this could be beneficial. My last question is why frank didnt continuously send emails and documentation showing his disgust for the programming.

Night all-

--------------------
In it to make some money.

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buckwheatbob
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Not exactly sure about the laws in the US but up here "a division of" can be used for several reasons. Tax related, protection under "limited and Incorporated umberella. Example, it is common to have a numbered company and then have "divisions of". This can be used a shell game till either "the company" decides to eliminate the "division" for what ever reason or if it is a profitable issue and they want it to grow then it can be spun off and function on its own, being released from the umberella.

I owned a company a few years back and that was the explanation in a nut shell from the lawyers and accountants when we wanted to expand but into another business.

quote:
Originally posted by mattbarrett:
Ok, after reading through the files I want to express my ideas, and ask a couple questions relating to the matter.

First for the good old rumor: Nothing in the lawsuit clearly states that QTN is apart of QBID. However, we were all told by frank in the CC, and press release, that QBID owns QTN.

Furthermore, what continued to upsets me was the fact that Frank approached Firestone Communication, two times, as an owner or CEO a different company, beside QTN, and QBID. First he came on behalf, Franklin Broadcasting, which is said to be dissolved in 1998. Second, Frank posed as CEO of Liquidation by Satellite, as division of QBID.
(On or around page 26.)

For Frank and QTN argument, it does look like Frank and QTN has a point to their argument about quality of work, and this can be proven by tape. In every agreement it stated the Terms for Termination, and it included poor quality. Second, Frank suggest that Firestone excs. Lied about there business activates, this could be helpful in proving Firestone mislead QTN. The other interesting suggestion implication is that Firestone tried to blackmail QTN to pay, and continue to produce.

In conclusion, it did look like frank had a bunch of shows ready to create, that he agreed to. However, frank has an interesting argument to the quality of work. And if he did waste a lot of money on poor quality production this could be beneficial. My last question is why frank didnt continuously send emails and documentation showing his disgust for the programming.

Night all-



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

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vforce
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quote:
Originally posted by mjm2005:
quote:
Originally posted by Doctoall:
quote:
Originally posted by mjm2005:
When was this lawsuit filed? And I thought I remembered reading that Firestone left willingly (though with a bad taste in their mouth)...what happened? Maybe Q is becoming successful?

Filed December 01 2005
Thanks Doc.
Sorry, correction: Law Suit filed October 14, 2005... The notice of "Removal of Defendants..." was filed December 1, 2005. Looks like this law suit has been pending for 2 months... never heard any mentioning of it...
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vforce
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Any Lawyers on this board/threat? Is a "Notice of removal of defendants" the same as a "Summary Disposition"? Or is QTN questioning the validity of the jurisdiction and trying to get it dismissed for that reason? Suit was filed in Texas, QTN is incorporated in California (I think, or Washington). Do law suits in the US District Court have to be filed in the District/Division where defendant resides/conducts business? Any insight would be appreciated!

Thanks!

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Ad astra
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quote:
Originally posted by Doctoall:
It will be very interesting to see what happens to the PPS tomorrow. Good news like carriers takes the PPS down. let's see what some legal news does maybe drive it up. Just a thought.

Long, strong and holding [Big Grin]

Doc, I like your thoughts. But alas, until the carpet bombing by the magic 9's abate...I don't see much upside.
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Ad astra
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quote:
Originally posted by FatherOfTwo:
quote:
Originally posted by mattbarrett:
Relating to the article, how much are the two people suing for. I heard 3 million from one.

This lawsuit could really provide us with some well known research. And i dont think frank is going to lie under oath!

$3.4 mill actual damages, and then 2x for other damages, as well as whatever a jury would award them on top of that for punitive....
In general, punitive damages are not the norm in contract dispute cases.
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Doctoall
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Nothing to different with the trading pattern this morning [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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HossTrader
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quote:
Originally posted by Penny-Trader:
Watched? you paid to be in it you are one of the main characters from the message board lol

Rod

quote:
Originally posted by HossTrader:
This has been the most expensive movie I have ever watched!!


I'm in denial!! [Big Grin]

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I just want to make enough money to be eccentric.

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U4TSAF2
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WOW, A LAWSUIT. CAN'T BE, NOT AGAINST FRANK THE FRAUD OLSEN....

.028

.02

.017

.013

.011

.009

.004

.001

.0008

.0005

.0002

Q IS ON THE MOVE

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Doctoall
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I am not sure where the posters on Ihub are leading this thing but here is another one of their post.

Posted by: HowsMusic4U
In reply to: None Date:12/14/2005 9:28:28 AM
Post #of 197511

What is this?

http://s34.yousendit.com/d.aspx?id=29SOGZXQKP6IY13YWQ2MVOB397

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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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g-invest
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quote:
Originally posted by buckwheatbob:
ROFLMAO! Once again blowing your own horn of your fictional greatness. I must say though, you do get rather testy when caught! [Smile]

When caught what? Please post an example or quote of something I've said that says I'm better than everyone else. I'm arrogant and self-absorbed, but I'm not demeaning or patronizing.

quote:
One thing you should do before wining about the things people point out about you is, look at what you point out and demean others about. Nasty medicine isn't it?
I'm sorry if you think it is wrong that I believe people should either have a degree or be able to tell the difference between authorized, common, treasury, and restricted stock. If you learn it on the Internet or you learn it in school, it makes no difference to me, but do learn it. You won't regret it one bit.

quote:
You still have not proven the question, just a wild accusation and a guess. No proof!
I liken your arguments and defenses to the following:

"You cannot prove the sky is blue! And since the state governor says it is brown, then it simply must be!"

My argument in response:
"The governor is color blind. Of course he sees it as brown, it's always been that way."

Frank sees QBID differently than we do. We see it as a stock symbol that we thought would make us money. He sees it as a never-ending source of revenue if he talks the right people into selling shares.

You're asking me to "prove" why I think QBID is toxically financed. Okay, I will.

Why, when this was trading at .0050, did someone sell at .0049? Why, when they was trading at .0030 did someone sell at .0029? Why, when this was trading at .0020, did someone sell at .0019? ...

I could keep going. QBID has been breaking new 52-week lows on a daily basis for the last 6 months. The only solution to answer that is dilution or toxic financing. Since the CC, Frank has indicated restricted shares were high. It looks like it was toxic financing. He even confirmed in the CC that he knew why the PPS was going down. He said he suspected they (the toxic financier) were almost out of shares, but it is doubtful he gave restricted stock to just one person or company.

Buckwheat, by all means, please let me know what parts of what I'm saying are not making sense and I will gladly elaborate.

It's been over a year since anyone has sold at .0002, so why do you suppose that happened now? No one in their right mind would buy at .0005 and sell at .0003, so it simply has to be a surplus of shares on the market. Two things explain it: dilution and toxic financing.

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

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DIGDOUGH
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I think its just a problem with getting the right tires.
FIRESTONE
VS
GOODRICH


quote:
Originally posted by Doctoall:
I am not sure where the posters on Ihub are leading this thing but here is another one of their post.

Posted by: HowsMusic4U
In reply to: None Date:12/14/2005 9:28:28 AM
Post #of 197511

What is this?

http://s34.yousendit.com/d.aspx?id=29SOGZXQKP6IY13YWQ2MVOB397


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HossTrader
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Well, I have come to one conclusion at least with this lawsuit, and then the most recent document posted by Doc.

Frank needs to stop dealing with people named after tire companies!! [Big Grin]

--------------------
I just want to make enough money to be eccentric.

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imakmony2005
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Still no word on the letters.
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noah129
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patience longs !!!

and if this is a scam then i say to all that are trying to save me from ruin thank you sincerely from your qbidiot.

i am way too deep in this to sell now that is for sure. i will wait this out until bankruptcy or until over a penny. one of the two will happen.

all in my humble opinion.

hey jen how about a cheesecake latte hehe. [Big Grin] [Big Grin] [Big Grin]

22 million long and strong.

if there is one thing i can do its hold on tight.
im an excellent bagholder. i just hope this bag turns to a bag of gold one day hehe.

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U4TSAF2
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CT. 1: BREACH OF CONTRACT

CT. 2: MONEY HAD AND RECIEVED

CT. 3: MONEY LENT

CT. 4: FRAUD

03/08/2004 20 DEFAULT JUDGMENT granted in favor of plaintiff for the amt. of
$300,000.00 damages; Costs $100.45; Atty. fees $3,536.50; Plaintiff
is awarded interest at the rate of 10% per year fromt he following date
to the date of entry of this judgement with notice of entry and cert of
mailing RE: Item# 19 [ORA] (Entered: 03/09/2004)

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GoodFella
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I thought this might be an interesting reading for you guys this morning. This shows that QTN would have been pulled off the cable companies if there wasn't any interest for the audience. If only our CEO was an honest person and would stop issuing more shares... oh well you know the rest of the story.


Hallmark Channel attracting little interest: WSJ

Wed Dec 14, 4:55 AM ET

NEW YORK (Reuters) - The auction of cable television's Hallmark Channel has attracted little interest so far, which could mean the channel will be pulled off the market, the Wall Street Journal reported on Wednesday.


Privately-owned Hallmark Cards Inc. owns a majority of the Hallmark Channel through its controlling stake in Crown Media Holdings Inc.

Citing people familiar with the matter, the Journal said media conglomerate News Corp is among the bidders for the cable channel, submitting an indication of interest of less than $1 billion.

However, the report said the bid is likely too low for Hallmark Cards, which is looking for about $1.2 billion for the channel or $2 billion if the Hallmark library of movies is included in the deal.

Hallmark Cards and News Corp were not immediately available for comment.

The paper also said Viacom Inc and Time Warner Inc showed initial interest in the channel but are unlikely to pursue a deal.

According to the Journal, Crown indicated this summer that if none of the bids are in the range it is seeking, it will pull the channel off the market.

Crown Media said in August it would explore a possible sale of its assets. The company's President and Chief Executive Officer, David Evans, said during a November conference call that its advisors at Citigroup have met with "quite a number" of parties interested in acquiring the channel.

Crown Media sold the money-losing international television operations of the Hallmark Channel for $242 million in February to a partnership between British TV executive David Elstein and private equity firms Providence Equity Partners and 3i.

The company said it was selling that business to focus on its U.S. TV operations.

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DIGDOUGH
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Imakmoney-thanks for the update. I wonder if it will turn out that you have to call them to ask what their response is going to be vs them taking the initiative to contact you.
I almost get the idea that Frank thinks the pps will stay up better if the shareholders remain ignorant of the details.

quote:
Originally posted by imakmony2005:
Still no word on the letters.


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