quote:Originally posted by Dew-it: IMO Richard Brown, is Frankie boy's puppet. It is obvious Richard is not privy to much.
Dew I believe many posters are misunderstanding Richard's role in the Q organization. I am not an expert on Investor Relations, but I have been in similar "public spokesman" positions and have worked with many PR reps, both company employed and outsourced. It appears to me that Richard is doing exactly what he is supposed to do. We may not like his responses to our questions, but I think we are blaming the wrong person when we criticize his answers. This is how I see Richard's current position with the Q organization:
1) Richard is Frank's outsourced Investor Relations rep. Although he is not a direct Q employee, he acts as one. 2) Therefore, he works for Frank. 3) And he does what his "boss" (actually his customer) wants him to do. He tells us what Frank wants him to tell us. His role is to communicate to us what Frank wants us to know. 4) Therefore, in a way, he is Frank's "puppet" (although I prefer a more professional word, like "representative"). 5) His role as Frank's representative is to handle communication with shareholders (and maybe other groups). He probably consults with Frank on what should be communicated, but ultimately, it is Frank (and probably his internal staff) who decides what actually is communicated. 6) Richard then makes it happen by issuing PRs, responding to shareholders by phone or email, whatever is the best way to communicate WHAT FRANK WANTS COMMUNICATED. 7) Richard may at times communicate more or less than he thinks is right, but he does what Frank tells him to do. That is his role. 8) Richard is not our representative. We do not pay him, and he owes us nothing. His total loyalty (as Frank's paid representative) is to Frank. 9) Richard's only moral or ethical consideration when communicating to us involves "truth". He is not responsible for the validity of Frank's words, and he is not required (or expected) to verify the truth of what he communicates. In my opinion, his only moral or ethical obligation is refusing to communicate something he knows is a lie. And so far, we have no proof that he ever communicated a lie. Example, the DVD probably was a project Frank and Richard "believed" would happen. The fact that it did not happen doesn't make that announcement a lie ... only a failure.
I've rambled enough for now. Please understand that I am not defending Richard or Frank or anyone else. I am tired of waiting for news, I am upset with the PPS, I am concerned that my "Q dream" is not coming true as I had hoped. But I think blaming Richard for the lack of news is unfair and inaccurate.
-------------------- Everything I say is only my opinion ... right or wrong.
IP: Logged |
posted
i have already addressed this. you wont find subs for !Here. they are a PPV channel.
you dont sub to it, you pay everytime you want to watch it.
they run 3 movies for days on end, they suck.
Rod
quote:Originally posted by Ad astra: I tried to find subs for Here TV but I couldn't. As a shareholder of QBID, I'm concerned about how many subs QTV has. All the people in this board talk about all the positive things Frank has done with QTV but who the hell is wathcing this to generate enough revenue to break even by Jan06.
----------
Laintbad--The Q is not offered in DC. Otherwise, i'd plunk down $7 beans a month.
-------------------- 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
First off, let me say, that the first and ONLY thing that will make me sell in an instant is if Frank announces a Reverse Split. I will be selling quicker than you can say boo. For several reasons.
Now on that point, i understand that some think a RS will happen because of comparing it to other stocks. The thing is, is that the ONLY way i see a RS happening is if Frank HAS to because he is still diluting to raise capital and being at such a low price he cannot raise enough capital.
If he were to RS, you could dang well better bet, that he would Screw #1 every common shareholder #2 all his employees #3 all the common gay shareholders that are subscribers or possible subscribers.
SO the thing i keep on falling back on is that Frank is building a network, he cannot screw the shareholders because it would probably create death to his network and honestly i wouldnt count out a crazy shareholder burning his studio down or something..
Frank is building a network, he is going to sell it in 2-3 years, he does not EVER need to RS like most companies who are an ongoing business. Frank has no plans to keep the company, so he will build it, take offers, hopefully we are around .02+ in a year, then someday down the line he sells the company for however much (300M-5Billion we have no real idea) and you divide the cash into the OS and bam, its all over.
So top management realizes that it is not going to be good if they have to RS.
So hopefully this puts a logical look at it, and let me say that i do understand all the points people say about RS and why they think it will happen.
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call
IP: Logged |
posted
Reverse Splits do work sometimes...if you have a good product. MicroStrategy comes to mind...and most recently the announcement by JDSU.
IP: Logged |
posted
Why dont you call him and stop whining for us to do it for you.
god that is irritating.
the audit will be here when it gets here. you should know by now that whining about it is not going to make it happen any quicker.
there is a reason that it is not out, and only Frank knows that reason. He will release it when he is good and ready. and there is nothing we can do to make that change.
this is a non reporting pink with no responsibilities to us what so ever. this is the type of stock you are invested in.
if you cant take it then get out. this will require patience and nothing more.
Respectfully yours
Rod
quote:Originally posted by Maestro232: would someone please call Frank!
-------------------- 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 |
quote:Originally posted by Maestro232: would someone please call Frank!
LOL, hey maestro. i understand your frustration. Let me say that i highly doubt any shareholder has a direct line to Frank Olsen. He is president and CEO of a rapidly growing network that is supposeldy on the road 26 days of the month, sleeping in a different bed every night going to talk to different cable/satillete execs daily.
I think the people that say, oh hey guys i just called frank and blah blah blah are just lieing. At least i hope my CEO is not like other pinks where they are accepting calls from their shareholders.
LOL, Richard doesnt even pick up calls anymore
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call
IP: Logged |
quote:Originally posted by Bottomliner: I think blaming Richard for the lack of news is unfair and inaccurate.
B/L: I agree with your whole post; Frank is Richard's customer and if he wants to continue to receive revenue from Frank, he needs to do what Frank wants him to do.
quote:Originally posted by Marva18: What do you guys think? The only thing that may save us is that Frank would not want to scam his GLBT investors. Unlike other scam artists CEOs who dilute and use toxic financing, when QBID was around .0050 earlier this year and then did a mass marketing campaign in gay rags, they listed that they are a public company and under the QBID symbol. So obviously they were encouraging GLBT future investors and I'm sure they are pissed after reading a few who post here. If he wants future subscribers to QTN then he shouldn't piss off the investor/subscriber.
Marva I think you have made an excellent point.
Although not all shareholders are potential customers (and vice versa), Frank has to understand (and probably does) that anything he does that negatively affects his shareholders might also affect his ability to enroll suscribers. I'm sure we've all "boycotted" a vendor we believed was unfair, even when that vendor offered the best products or the best prices. If shareholders feel cheated or betrayed or abandoned or whatever by Frank, they are very unlikely to buy his product. If tapping the GLBT $60 billion market is a good thing, losing a large portion of that market HAS TO BE A BAD THING. And I believe Frank understands that.
Now, if he would just confirm that to us by doing something really nice for his shareholders, many of whom are either GLBT or sympathetic to that group, we could end up with a very green Christmas (or the holiday of your choice).
Just trying to stay positive, everyone. And I applaud others who are doing the same.
-------------------- Everything I say is only my opinion ... right or wrong.
IP: Logged |
quote:Originally posted by Dew-it: IMO Richard Brown, is Frankie boy's puppet. It is obvious Richard is not privy to much.
Dew I believe many posters are misunderstanding Richard's role in the Q organization. I am not an expert on Investor Relations, but I have been in similar "public spokesman" positions and have worked with many PR reps, both company employed and outsourced. It appears to me that Richard is doing exactly what he is supposed to do. We may not like his responses to our questions, but I think we are blaming the wrong person when we criticize his answers. This is how I see Richard's current position with the Q organization:
1) Richard is Frank's outsourced Investor Relations rep. Although he is not a direct Q employee, he acts as one. 2) Therefore, he works for Frank. 3) And he does what his "boss" (actually his customer) wants him to do. He tells us what Frank wants him to tell us. His role is to communicate to us what Frank wants us to know. 4) Therefore, in a way, he is Frank's "puppet" (although I prefer a more professional word, like "representative"). 5) His role as Frank's representative is to handle communication with shareholders (and maybe other groups). He probably consults with Frank on what should be communicated, but ultimately, it is Frank (and probably his internal staff) who decides what actually is communicated. 6) Richard then makes it happen by issuing PRs, responding to shareholders by phone or email, whatever is the best way to communicate WHAT FRANK WANTS COMMUNICATED. 7) Richard may at times communicate more or less than he thinks is right, but he does what Frank tells him to do. That is his role. 8) Richard is not our representative. We do not pay him, and he owes us nothing. His total loyalty (as Frank's paid representative) is to Frank. 9) Richard's only moral or ethical consideration when communicating to us involves "truth". He is not responsible for the validity of Frank's words, and he is not required (or expected) to verify the truth of what he communicates. In my opinion, his only moral or ethical obligation is refusing to communicate something he knows is a lie. And so far, we have no proof that he ever communicated a lie. Example, the DVD probably was a project Frank and Richard "believed" would happen. The fact that it did not happen doesn't make that announcement a lie ... only a failure.
I've rambled enough for now. Please understand that I am not defending Richard or Frank or anyone else. I am tired of waiting for news, I am upset with the PPS, I am concerned that my "Q dream" is not coming true as I had hoped. But I think blaming Richard for the lack of news is unfair and inaccurate.
Bottom,
Point taken and I respect your onions/views. I realize that Richard is doing his job as a rep for QTN... However, where Richard lost credibility/professionalism with ME was when he spent 1.5 hours on RB trying to discredit some basher called Fistula in reference to Frankie's AID rumor. That should have been handled by Public Relations and not Investor Relations. This is the situation that comes to mind when I say puppet instead of rep.
IP: Logged |
quote:Originally posted by Penny-Trader: Why dont you call him and stop whining for us to do it for you. god that is irritating. the audit will be here when it gets here. you should know by now that whining about it is not going to make it happen any quicker. there is a reason that it is not out, and only Frank knows that reason. He will release it when he is good and ready. and there is nothing we can do to make that change. this is a non reporting pink with no responsibilities to us what so ever. this is the type of stock you are invested in. if you cant take it then get out. this will require patience and nothing more.
PT Your post reminded me of a phrase that was posted over and over last year: "Are we there yet ... are we there yet?"
Anyone with kids will understand what I mean. And the only response to that question (other than leaving the kid along the road somewhere) is: "Nope. Not yet."
-------------------- Everything I say is only my opinion ... right or wrong.
IP: Logged |
posted
So, are you saying that nobody's actually talked to Frank? All the times that people have posted their conversations, they are just lying? That's just peachy.
-------------------- 9.0M QBID locked and loaded!
IP: Logged |
quote:Originally posted by MillerTIME: ... Let me say that i highly doubt any shareholder has a direct line to Frank Olsen. He is president and CEO of a rapidly growing network that is supposeldy on the road 26 days of the month, sleeping in a different bed every night going to talk to different cable/satillete execs daily....At least i hope my CEO is not like other pinks where they are accepting calls from their shareholders....
MT Another great post.
Although I wish Frank would call me everytime he makes a deal or needs some advice, I really don't want him wasting his time on shareholder phone calls, emails and pizzing contests. I want him building the network so my shares have asset value behind them. If he wants to share good news occasionally, great. But I don't want him to interupt his real job just to make me smile.
Just my opinion ...
-------------------- Everything I say is only my opinion ... right or wrong.
IP: Logged |
quote:Originally posted by Dew-it: ... I realize that Richard is doing his job as a rep for QTN... However, where Richard lost credibility/professionalism with ME was when he spent 1.5 hours on RB trying to discredit some basher called Fistula in reference to Frankie's AID rumor. That should have been handled by Public Relations and not Investor Relations. This is the situation that comes to mind when I say puppet instead of rep.
Dew I understand ... that was kinda "bizarre", but I didn't follow it well enough to know what prompted it.
By the way, you've made another good point. In my earlier post, I mentioned that Richard is called Investor Relations but may do other stuff. Do we know who does other communications for Frank? Many companies often employ one internal spokesman for all occasions, but many outsourced spokesmen specialize in either Investor/Shareholder Relations or general Public Relations. I'm not sure of Richard's overall responsibilities. Other outsourced firms have been mentioned over the last year. Anyone remember?
-------------------- Everything I say is only my opinion ... right or wrong.
IP: Logged |
quote:Originally posted by Dew-it: Bottom, oops, that didn't come out right... "onions/views" that should be OPINIONS/views. Maybe that was a Freudian slip. LOL!
Dew I understood ... my brain and my typing fingers often disconnect.
-------------------- Everything I say is only my opinion ... right or wrong.
IP: Logged |
posted
All, I want is for Frankie boy to follow up and make good on his promises/communications to QBID shareholders... I am not telling him how to build QTN/QBID, that is his job. But, it is also his job to keep QBID shareholders updated on promises that he has made to us. We have already done our part by parting with our money -and I may add Frankie boy glady accepted it. Is this too much to ask? BTW, where the hell is the audit!
IP: Logged |
quote:Originally posted by GatorMan: I'm not saying that the things that NextWeek suggests didn't happen, but it appears that in the split example it affected all shares of the class. "Restricted" refers to ability to sell the stock (http://www.investopedia.com/terms/r/restrictedstock.asp), not other previsions like exemption from R/S.
Correct it would reflect all of the same "class", i.e. Class A Common. Actually I gave these as an example of what a company actually was able to do. Several companies have did similar splits, some have required the approval of stockholders and some have specifically stated that it can be done by BOD w/o stockholder approval.
Here is an actual example, not the one I previously mentioned (still looking in my records for that one): announced today that the Company's 1-for-250 reverse stock split, to be immediately followed by a 35-for-1 forward split of the Company's Common Stock, will take place at the close of business on or about July 19, 2004, with an effective date of June 8, 2004. Any fractional shares resulting from the 1-for-250 reverse stock split will be converted into the right to receive cash equal to the sale price of the fractional shares on the open market. The company's transfer agent will deliver a letter of transmittal and related instructions to the stockholders or their brokers/dealers, as applicable, in connection with the reverse and forward stock splits.
IP: Logged |
quote:Originally posted by Dew-it: ... I realize that Richard is doing his job as a rep for QTN... However, where Richard lost credibility/professionalism with ME was when he spent 1.5 hours on RB trying to discredit some basher called Fistula in reference to Frankie's AID rumor. That should have been handled by Public Relations and not Investor Relations. This is the situation that comes to mind when I say puppet instead of rep.
Dew I understand ... that was kinda "bizarre", but I didn't follow it well enough to know what prompted it.
By the way, you've made another good point. In my earlier post, I mentioned that Richard is called Investor Relations but may do other stuff. Do we know who does other communications for Frank? Many companies often employ one internal spokesman for all occasions, but many outsourced spokesmen specialize in either Investor/Shareholder Relations or general Public Relations. I'm not sure of Richard's overall responsibilities. Other outsourced firms have been mentioned over the last year. Anyone remember?
quote:All, I want is for Frankie boy to follow up and make good on his promises/communications to QBID shareholders... I am not telling him how to build QTN/QBID, that is his job. But, it is also his job to keep QBID shareholders updated on promises that he has made to us. We have already done our part by parting with our money -and I may add Frankie boy glady accepted it. Is this too much to ask? BTW, where the hell is the audit!
Thank you DewIt. That's all I'm saying too.
-------------------- 9.0M QBID locked and loaded!
IP: Logged |
quote:Originally posted by MillerTIME: Hey Sam, what was the day QTN is launching in San Diego? tia
December 7th. I received a letter in the mail about it and also an email from them saying that. I have been checking their web site almost daily and still cannot order it. The current channel lineup is at http://www.cox.com/sandiego/digitalcable/digitallineup.asp I get the feeling that I will not be able to order it until Dec 7th. It is supposed to be channel 399.
quote:Originally posted by Maestro232: So, are you saying that nobody's actually talked to Frank? All the times that people have posted their conversations, they are just lying? That's just peachy.
LOL maestro im not trying to start an arguement. I cant remember all the convos that have been posted. Maybe some were.
But one i think of most recently was davidjanas say he was going to call Frank. Maybe before Frank would talk to shareholders because the business was smaller, but now maybe, but who knows.
Its not something where you can call up Franks private line and have a good talk for a while thats for sure.
Anybody remember the guy about a month ago over on IHUB saying that Frank called him but he missed the called because he was out raking the leaves. LMAO
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call
IP: Logged |
posted
Here is an actual example of reverse split language where the BOD can do one w/o sharholder approval: TO GRANT THE BOARD OF DIRECTORS OF THE COMPANY AUTHORITY TO EFFECT A FORWARD OR REVERSE SPLIT OF THE NUMBER OF OUTSTANDING SHARES OF COMMON STOCK WITHOUT SHAREHOLDER APPROVAL
AUTHORIZATION TO DECREASE OR INCREASE SHARES - -------------------------------------------- The Board of Directors approved a resolution to request the majority of shareholders to approve a motion to allow the Articles of Incorporation of the Company to be amended to allow the Board of Directors to have the requisite authority by majority vote to effect a forward or reverse split of the outstanding common shares of the Company at any time in the future without requiring the approval of the majority of shareholders, nor requiring a notification to the shareholders other than by press release or through a filing with the Securities and Exchange Commission.
Purpose of the Authorization to Amend the Articles of Incorporation to allow the Board of Directors to effect a forward or reverse split of the Company's outstanding shares
The Board of Directors may from time to time have the need to increase or decrease the number of issued and outstanding authorized shares of common stock in order to adjust the trading price of the Company's shares, or to provide sufficient authorized but unissued shares to effectuate acquisitions, issue stock to consultants, issue stock to employees for services rendered or for other necessities. The ability for the Board to conduct this action without the need for shareholder approval may save the Company time and expense resulting from of shareholder mailings or the calling of shareholder's meetings. Further, with the electronic availability for information particularly via the Internet a mailing to shareholders may be deemed unnecessary.
IP: Logged |
quote:Originally posted by MillerTIME: ... Anybody remember the guy about a month ago over on IHUB saying that Frank called him but he missed the called because he was out raking the leaves. LMAO
MT I missed that, but it gives me hope. I've offered my business expertise to Frank many times ... all he has to do is call me. And I work cheaper than anyone else. When I stand along the exit ramp of I-71, my sign reads: "Will work for any QBID audit news." So far, no takers, but I'll be there again tomorrow morning.
-------------------- Everything I say is only my opinion ... right or wrong.
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
![[Big Grin]](biggrin.gif)
