posted
hey guys, ive been kinda quiet of late, but i have something to say... i dont want to get anyone alarmed, and i certainly have no inside info to be sure of this, but i have been doing researh and looking into "Toxic Financing".
Toxic Financing is VERY bad news, and i am leaning towards toxic financing being involved with Q. Those are who the investment bankers are and the funders who are going to fund it to 2008. Frank is not diluting, but the toxic financing are shorting the stock down.
Everything about toxic financing makes sense with Q.
I am by no means 100% correct of this, as this is only my guess, and i have had many guesses, but currently i think Q has Toxic financing.
-------------------- 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
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Re: The Letter...I'll say again, is just cutting off the nose to spite the face.
Yeah, lets all rally and pester all of the carriers and advertisers that have signed deals with The Q...come on.
Maybe its time to let this audit take its course. I do recall hearing that Frank asked for 60 days. If this is in-fact 60 business days, then we may not hear anything until mid-December? (I believe my math is correct).
So let The Q do what it needs to do the next month or so rather than have all attention diverted to a disgruntled group of shareholders who--if they have not already sold--havent lost a dime.
Posts: 333 | From: Washington, DC | Registered: Nov 2005
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I just sent this to dish to check and see if the "Negotiations" email we all get is just a form letter. I made up the channel... does not exist I will post the responce. I am keeping my fingers crossed./
"I WAS WONDERING IF YOU GUYS WILL BE CARRYING THE NEW "COMPUTER CHANNEL" (TCC) . COMCAST IS CARRYING IT AND I LIKE IT. PLEASE LET ME KNOW.
thanks in advance, XXXXXXXXXXXXXX
-------------------- I don't play well with others, and have a problem with authority. I love to see the big guy fall to the under-dog. Posts: 192 | From: New Jersey - Armpit of the World | Registered: Jul 2005
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quote:Originally posted by MillerTIME: hey guys, ive been kinda quiet of late, but i have something to say... i dont want to get anyone alarmed, and i certainly have no inside info to be sure of this, but i have been doing researh and looking into "Toxic Financing".
Toxic Financing is VERY bad news, and i am leaning towards toxic financing being involved with Q. Those are who the investment bankers are and the funders who are going to fund it to 2008. Frank is not diluting, but the toxic financing are shorting the stock down.
Everything about toxic financing makes sense with Q.
I am by no means 100% correct of this, as this is only my guess, and i have had many guesses, but currently i think Q has Toxic financing.
After reading how that process works, you can't help but think that Q is on this path. All the evidence they explain is being shown in this stock.
Posts: 313 | From: Myrtle Beach, SC USA | Registered: Sep 2004
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I am no expert, either by any means, but from my understanding of toxic financing as well, that may be the sole reason that Frankie boy had to issue the extra 10B 0/S. The financers are whacking the sh!t out of the PPS by selling and shorting... solution: CEO increases of 0/S to prevent continued naked shorting in hopes that financers unload.
quote:Originally posted by MillerTIME: hey guys, ive been kinda quiet of late, but i have something to say... i dont want to get anyone alarmed, and i certainly have no inside info to be sure of this, but i have been doing researh and looking into "Toxic Financing".
Toxic Financing is VERY bad news, and i am leaning towards toxic financing being involved with Q. Those are who the investment bankers are and the funders who are going to fund it to 2008. Frank is not diluting, but the toxic financing are shorting the stock down.
Everything about toxic financing makes sense with Q.
I am by no means 100% correct of this, as this is only my guess, and i have had many guesses, but currently i think Q has Toxic financing.
I am no expert, either by any means, but from my understanding of toxic financing as well, that may be the sole reason that Frankie boy had to issue the extra 10B 0/S. The financers are whacking the sh!t out of the PPS by selling and shorting... solution: CEO increases of 0/S to prevent continued naked shorting in hopes that financers unload.
quote:Originally posted by MillerTIME: hey guys, ive been kinda quiet of late, but i have something to say... i dont want to get anyone alarmed, and i certainly have no inside info to be sure of this, but i have been doing researh and looking into "Toxic Financing".
Toxic Financing is VERY bad news, and i am leaning towards toxic financing being involved with Q. Those are who the investment bankers are and the funders who are going to fund it to 2008. Frank is not diluting, but the toxic financing are shorting the stock down.
Everything about toxic financing makes sense with Q.
I am by no means 100% correct of this, as this is only my guess, and i have had many guesses, but currently i think Q has Toxic financing.
I posted that blog entry on my blog as well...hopefully it'll increase the overall exposure...
I'm all for granting this stock better exposure - but blaming the low stock price on a Christian Right Wing conspiracy of homophobes is as ignorant as it is offensive.
You say that the stock will never again even reach penny status, all while saying if you don't see the value you are obviously a homophobe.
As a rather devout christian with millions of QBID stock, I only have one thing to say...
"Where's the heck is that Audit???"
Posts: 369 | Registered: Dec 2005
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I posted that blog entry on my blog as well...hopefully it'll increase the overall exposure...
I'm all for granting this stock better exposure - but blaming the low stock price on a Christian Right Wing conspiracy of homophobes is as ignorant as it is offensive.
You say that the stock will never again even reach penny status, all while saying if you don't see the value you are obviously a homophobe.
As a rather devout christian with millions of QBID stock, I only have one thing to say...
"Where's the heck is that Audit???"
esteban, i didnt write that. I posted the link, that is not my article. Just wanted to clarify.
-------------------- 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
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Posted by: ethereal wolf In reply to: uwlungman who wrote msg# 193119 Date:12/4/2005 11:27:35 AM Post #of 193311
"coming weeks". we are beyond weeks now, we are getting into "months". it doesn't take a genius to figure that out. certification does not take more than a month, any auditor will tell you that, and yet we are beyond a month now. i'm beginning to agree with froy at this point, maybe there is no audit. maybe it was more smoke blown up our derriere. this post is my personal opinion.
Posted by: ltesprit In reply to: ethereal wolf who wrote msg# 193166 Date:12/4/2005 1:53:30 PM Post #of 193311
Ethereal, actually you're wrong. NO auditor would tell you that, because there is no such thing as a 'certification process' for a financial audit. The only 'certification' is the signature of a company's principals certifying that the information they've provided to the auditors is correct. That's an event, not a process.
Something is going on here. It could be diabolical. Ex: The audit may show Olsen grossly exaggerated asset values to his shareholders, or he got a qualified opinion from the CPAs, and now wants to hide or contest the audit.
Or it could be benign. Ex: Olsen may be delaying the audit release to coincide with a related announcement.
Either way, Olsen has once again misled shareholders on a matter that was quite straightforward: the release of audit results. He's hopeless as CEO of a public company.
-------------------------------------------- Posted by: ltesprit In reply to: bpk who wrote msg# 193167 Date:12/4/2005 1:56:01 PM Post #of 193316
Olsen has been telling carriers what he's told us: the channel is 'fully funded.' Carriers aren't auditors or credit analysts. They're carriers.
Q's programming is getting broaders and better and carriage is snowballing. We just aren't seeing the same management performance in minority shareholder value.
Posted by: Socal_Helix In reply to: ltesprit who wrote msg# 193213 Date:12/4/2005 2:08:43 PM Post #of 193316
ITESPRIT:
I tend to agree with the majority of your posts. However, this particular instance you are incorrect. Rest assured that QTN and each carrier discussed the finacuial stability, including the disclosure of proof if you will, in each instance they were signed. In my business, when there is a collaboration, or a needed service from one another, we DO, in some form, disclose financials. We don't want to embark on a mutual venture without knowing the other company will be around to fulfill their end of the deal. I JUST went through this the past year, once again, with the company I work for. It's a symbiotic relationship, regardless of how much power one side of the partnership may have. They may not do a "credit analysis" in it's traditionally known form, but each company does evaluate the current atmosphere of each of the partners. Even if the investment in one another is a dollar, they make sure it's worth it.
Posted by: ltesprit In reply to: Socal_Helix who wrote msg# 193214 Date:12/4/2005 2:24:56 PM Post #of 193316
Socal, my point was that Olsen is telling carriers what he's telling us.
It's quite possible (and likely) that MSOs ask for financials from nascent channels before making a carriage decision. But they obviously don't demand audited statements since Q-TV has been gaining carriage on cable systems for the past year. Olsen must be providing them with what the banking industry calls 'internals'. These are unaudited, internal financial statements prepared by the company bookkeepers. (In Q's case, that would be Rene Schenk and his 'staff'.)
The internals given to carriers likely also come with Olsen's signed assurance that the company is 'fully-funded.' Such an assurance is usually accompanied by some bank letter verifying that a line of credit is in place, though Olsen has represented to us that he and other investors have been providing the credit capital. (Why he didn't just pay for some his shares is yet another outrage against his shareholders.) As for whether this is toxic debt, we'll find out. I doubt it is since the company is not desparate and failing.
-------------------- "Life is a comedy for those who think and a tragedy for those who feel." - Horace Walpole Posts: 117 | From: Appalachia | Registered: Oct 2005
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I was just quoting it so anyone reading could see where it came from. Sorry, I didn't mean to imply it was yours =p
Posts: 369 | Registered: Dec 2005
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Someone needs to get Frank on the record that TMM isn't Toxic Financed.
Posts: 313 | From: Myrtle Beach, SC USA | Registered: Sep 2004
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Yeah, I just read up on that. It doesn't even have to originate with the company (i.e. Frank), all it takes are tons of dealers naked short-selling.
Seems to me like there'd be more checks against this sort of thing.
Posts: 369 | Registered: Dec 2005
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Posted by: ltesprit In reply to: dkgross who wrote msg# 193245 Date:12/4/2005 6:09:38 PM Post #of 193319
The audit will only be for QTN, though according to Frank it will include info on TMM as well. I think there are several reasons for this, one or more of which is possible:
1. Getting an unqualified audit: If TMM's 'dirty shell' is still making it difficult to get a certified sharecount (note: this is NOT the same as 'certifying' the audit), then this would make it impossible to get an unqualified audit of TMM. The only unqualified audit possible would be of QTN alone.
2. QTN spin-off: If Frank is preparing to spin-off the main asset, the channel, then an audit of the channel company is most important. Note: This of course doesn't mean that an audit of TMM (QBID) is not also important. After all, we own QBID shares. It just recognizes that QTN is the main asset and if it's going to be spun-off then we primarily need that audit done. You can't spin it off without one.
3. Frank is just showing more incompetence as CEO of a public company: Sadly, this can't be ruled out. The guy has made so many missteps, he's certainly capable of this one. If an unqualified audit of TMM was possible, he may have simply neglected to recognize that it was important for shareholders and took a shortcut by only having the channel audited. It begs the question of whether he has more to hide. I hate to be cynical, but the guy's credibility is just so low that it's hard not to be.
I dearly want #2 to be true. If Olsen spins QTN off, we'll be getting shares commensurate with our stakes in QBID, and as soon as I have QTN shares in hand I'm dumping my QBID. I've had enough of Frank's non-reporting, dirty shell businesses.
-------------------- "Life is a comedy for those who think and a tragedy for those who feel." - Horace Walpole Posts: 117 | From: Appalachia | Registered: Oct 2005
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QBID'n, Thanks for your input on th IPO subject, that was very resourceful.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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quote:Originally posted by Esteban99: Yeah, I just read up on that. It doesn't even have to originate with the company (i.e. Frank), all it takes are tons of dealers naked short-selling.
Seems to me like there'd be more checks against this sort of thing.
The pink sheets area seems to be for the black market, where anything goes. I think what MT uncovered is legitimate and can't be forgotten until it is answered. Also, what happened to Jonas? He/She was going to fill us all in on the conversation with Frank... haven't heard from him/her since.... ????????????????????
Posts: 313 | From: Myrtle Beach, SC USA | Registered: Sep 2004
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My guess is that there are a couple of ringers that post here...DavidJanas being one of them...he must still be in Burbank waiting on a meeting with Frank.
-------------------- Just the facts, ma'am. Posts: 1083 | From: New Jersey | Registered: Mar 2005
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Sadly, what wasn't included in your prediction was:
4. Increase in share price.
All those things might happen and our share price keeps dropping. That's what's been happening anyway. Global carriers and NY/NJ coverage and we drop? What is this?!
-------------------- 9.0M QBID locked and loaded! Posts: 605 | Registered: May 2005
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quote:Originally posted by 4Tune4Me: My guess is that there are a couple of ringers that post here...DavidJanas being one of them...he must still be in Burbank waiting on a meeting with Frank.
Agreed... seems to be an easy way to milk us fools for more... place a ringer on the board to constantly push the positive side of the house trying to qualm the fears of shareholders..
Posts: 313 | From: Myrtle Beach, SC USA | Registered: Sep 2004
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quote:Originally posted by 4Tune4Me: My guess is that there are a couple of ringers that post here...DavidJanas being one of them...he must still be in Burbank waiting on a meeting with Frank.
Agreed... seems to be an easy way to milk us fools for more... place a ringer on the board to constantly push the positive side of the house trying to qualm the fears of shareholders..
The only problem with that theory is that even us die-hard longs know DJ hasn't been right yet LOL
-------------------- I just want to make enough money to be eccentric. Posts: 2412 | From: Atlanta | Registered: Aug 2005
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quote:Originally posted by MillerTIME: Posted by: lobogotti In reply to: None Date:12/5/2005 9:13:07 AM Post #of 193293
PART 2: ATTENTION TO ALL INTERESTED INVESTORS WHO SENT THE FIRST LETTER ON DECEMBER 1ST…
This letter is not well-written.
If you guys really want to see change: class-action.
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO. Posts: 676 | Registered: Apr 2005
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quote:Originally posted by Maestro232: I don't think your crazy. You are optimistic, and it's nice to have it on the board.
However, there is no reason to have faith in Frank right now. No reason at all.
No, he's crazy, and we probably shouldn't rule out paid pumper for anyone else here that is still promoting this stock as worthy of actually buying.
Frank might not be diluting, but he sure as hell isn't buying back stock. EVER.
Do you want me to repeat that for you? Frank will never buy back stock.
He probably doesn't even know the financial situation of his company. Hell, I'm sure Renee doesn't even know at this point, they probably signed some paper a few years ago and now they got some guy just selling shares, happy as can be, reading the forums and laughing at us cause we were so dumb to have bought it.
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO. Posts: 676 | Registered: Apr 2005
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quote:Originally posted by MillerTIME: Posted by: lobogotti In reply to: None Date:12/5/2005 9:13:07 AM Post #of 193293
PART 2: ATTENTION TO ALL INTERESTED INVESTORS WHO SENT THE FIRST LETTER ON DECEMBER 1ST…
This letter is not well-written.
If you guys really want to see change: class-action.
G, i have felt that you have good advice sometimes, and have respected you, BUT
Dont you dare try and mislead people into thinking that filing classaction lawsuit against their company is going to result in change! The only change will be bankruptcy to Q and then a definate loss to us all.
I will not aruging with anybody about Class action lawsuits, all i will say is that its your decision, and if it goes through and you ruin my investment, i personally will never forgive you.
Class action may be the case, but not at the current time IMO.
If the investment does go to the pits then i will be the first to be in the class action, but not while i still have a chance left.
This is all only my personal opinion
-------------------- 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
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quote:Jimmy B. Darren, I would love to see an end to toxic financing schemes. The only downside to eliminating toxic funding as an option to small companies is that it's the only source of financing available to most of them. Without toxic financing, Jag Media would be out of business already. (Perhaps not a bad thing.)
The purpose of investigatethesec.com is to perpetuate a scam. The scam is the slow but steady transfer of small investors' money into the pockets of overpaid corporate executives and stock promoters. Every company that has ever sought to blame short sellers for their problems has been demonstrated to be poorly managed. Each and everyone of them, contrary to their claims, has been able to raise millions of dollars in equity and all of them have managed to waste most if not all of the money that was raised.
For all of their crying about their poor shareholders, abused by naked short sellers, the top three executives at Jag Media were EACH drawing $150,000 a year in annual salaries through 2003. And as if that wasn't insulting enough, given that JAGH never earned a dollar, they EACH were granted stock options to buy a million shares of JAGH FOR TWO CENTS PER SHARE.
The Dateline story is part of the scam, too. There simply is no story. It is a figment of David Patch's twisted imagination.
12 February 2005
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO. Posts: 676 | Registered: Apr 2005
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I agree with MT. Class Action is for when all is lost. Right now, our problem is the lack of transparency with the company. That can be changed by enough investor anger or time.
However, I would never recommend this stock to anybody. I regret that I bought it. I could have been happy with %30 on a safer stock instead of down %80.
-------------------- 9.0M QBID locked and loaded! Posts: 605 | Registered: May 2005
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quote:Jimmy B. Darren, I would love to see an end to toxic financing schemes. The only downside to eliminating toxic funding as an option to small companies is that it's the only source of financing available to most of them. Without toxic financing, Jag Media would be out of business already. (Perhaps not a bad thing.)
The purpose of investigatethesec.com is to perpetuate a scam. The scam is the slow but steady transfer of small investors' money into the pockets of overpaid corporate executives and stock promoters. Every company that has ever sought to blame short sellers for their problems has been demonstrated to be poorly managed. Each and everyone of them, contrary to their claims, has been able to raise millions of dollars in equity and all of them have managed to waste most if not all of the money that was raised.
For all of their crying about their poor shareholders, abused by naked short sellers, the top three executives at Jag Media were EACH drawing $150,000 a year in annual salaries through 2003. And as if that wasn't insulting enough, given that JAGH never earned a dollar, they EACH were granted stock options to buy a million shares of JAGH FOR TWO CENTS PER SHARE.
The Dateline story is part of the scam, too. There simply is no story. It is a figment of David Patch's twisted imagination.
Good post.... I think we are going to be stung by this... too bad we didn't have this info before we invested... or at least for all the conversations with Frank so he could be asked about it.... but he could easily lie and say Toxic what??? Everything is fine.... just buy more... 12 February 2005
Posts: 313 | From: Myrtle Beach, SC USA | Registered: Sep 2004
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posted
hey all this is all just speculation at this point none of us really know whats going on right now.
my suggestion is simple either hold on tight , sell and move on, or keep buying in hopes that this stock one day moves on up.
basically buy,sell,hold......... simple huh....
keep in mind you havent lost until you sell though. i know this is a high risk investment and i know frank has not been as informative as we would all like but things are progressing and i dont think g-invest that saying frank will never buy back stock is fair.
you nor i know the future. frank may just buyback five million shares then raise the a/s to a bazillion hehe but he could aslo buy back 20 billion and retire them for good. these are all possibilities but lets try to keep our statements as our opinions cuz that is all they really are at this point.
best of luck to you all. i personally cannot be buying right now but if we go lower i will start to bid again for big blocks at .0002
until then its hurry up and wait. 22million says i beleive in qtv.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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