Allstocks.com's Bulletin Board
Topic Closed  Topic Closed
Post New Topic  New Poll  
Topic Closed  Topic Closed
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » QBID XXXIII "Q" The Global Frontier (Page 71)

 - UBBFriend: Email this page to someone!   This topic comprises 181 pages: 1  2  3  ...  68  69  70  71  72  73  74  ...  179  180  181   
Author Topic: QBID XXXIII "Q" The Global Frontier
Monopoly Money
Member


Rate Member
Icon 1 posted      Profile for Monopoly Money     Send New Private Message       Edit/Delete Post 
Jennifer,

Ive always enjoyed your contributions to this board *accept the mention of watching the sunset, that kinda got under my skin* but other then that, everything you have said was well thought out and made more sense then the senseless babble that many people, including myself, put on this board. You shouldent let the these moroons push your buttons. Yes i got into an arguement, but it was 4 to 5 on just me and i like a challenge. And i also blew up a few days ago becaue of all the crying and whining about people loosing money in a HIGH RISK STOCK, which apparently people forget about that one.

The point im getting at is i dont think someone with your apparent demeanor, demonstrated in past post, should be twarted because of simple name calling. Yes i agree anyone should defend themselves, and should have the right too, but as you said, dont stoop to their level. If i were you i wouldent even acknowledge them, thats the job for people like myself [Smile] , who dont know any better yet [Big Grin]

anyways again thanks for all your posts and please dont let these low lifes chase you away from this board, i would hate to see you go.

--------------------
M.M.
Semester #3 started,Only 7 more semesters to go.
Why, in an age where information is so easy to get, cant we find information on one man.
Experience is something you dont get until just after you need it.

Posts: 1002 | From: Southaven, Mississippi, US | Registered: Nov 2004  |  IP: Logged | Report this post to a Moderator
jim458
New Member


Rate Member
Icon 1 posted      Profile for jim458     Send New Private Message       Edit/Delete Post 
ok everybody just calm down. in with the bad air out with the good.

--------------------
Jim

Posts: 3 | From: washington | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
Jennifercd10
Member


Rate Member
Icon 1 posted      Profile for Jennifercd10     Send New Private Message       Edit/Delete Post 
If you look back in my record, for the most part, I’ve tried to stay with the facts and data. Everyone seems to be looking only at the audit. IMO, the audit is only part of the picture. What is the totality of this investment? It’s not just the audit, although it is THE hot topic. Don’t lose sight of the goal, that is, to build a successful network. If you sell then you have a profit or loss, if you don’t, then you have neither.

Yes, Frank still has not published the audit and it does affect the pps. But, IMO, the MM’s are taking advantage of this also and keeping the pps down for their own greed. At some point the audit will be out. IMO, at some point the pps will reconnect with the company and move with it. Then we will be haggling over what to do with all the profits. Do we pay a dividend, buy back shares or expand the company.

--------------------
Your greatest investment is into a peaceful heart.

Posts: 699 | From: Tampa, Fl. | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
buckwheatbob
Member


Icon 1 posted      Profile for buckwheatbob     Send New Private Message       Edit/Delete Post 
I agree, however I guess the restless natives feel that "if we don't get, Frank don't get". That would be it in a nutshell. To look at both sides of the nutshell, I am sure when Frank gets wind of it, The fire will be a hole lot hotter than the halopeno peppers he ate for lunch. This will be interesting if nothing less.

quote:
Originally posted by Ad astra:
quote:
Originally posted by Doctoall:
Taken from Ihub: These guys are playing with fire as this could have a severe backlash.


Posted by: brmrich
In reply to: 500_and_Long who wrote msg# 193503 Date:12/5/2005 6:44:34 PM
Post #of 193532

Has this letter been sent to the folks at the Gay Games?
http://www.gaygames.com/en/federation/email.cfm

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

I totally agree. I understand people getting fired up if the stock had gone under and the company closed down...but this is getting absolutely absurd...not to mention very unwise.

To be so myopic as to go after The Q's business partners is beyond me. Pissed because no audit? he said 60 days...how long is 60 BUSINESS DAYS...mid-December? Do we know if it was 60 calendar or 60 business...no we dont know because it was never articulated one way or the other.


What movie was it, Gladiator when they talked about the rule of the mob? [Smile] The first email was started...then a day later it was deemed necessary to send another...now it looks as if there is a 3rd. Good Grief.

Since we are going this far, maybe we should send a letter to the President of the United States and if he doesnt listen, Kofe Annan of the United Nations?

Good night all.



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

Posts: 792 | From: Bradford, Ont. | Registered: Jun 2004  |  IP: Logged | Report this post to a Moderator
Jennifercd10
Member


Rate Member
Icon 1 posted      Profile for Jennifercd10     Send New Private Message       Edit/Delete Post 
I better stay up wind!

--------------------
Your greatest investment is into a peaceful heart.

Posts: 699 | From: Tampa, Fl. | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
imakmony2005
unregistered


Icon 1 posted            Edit/Delete Post 
Well this wont happen very often but, SORRY JENN. i think you got razed pretty good for my post.
IP: Logged | Report this post to a Moderator
Monopoly Money
Member


Rate Member
Icon 1 posted      Profile for Monopoly Money     Send New Private Message       Edit/Delete Post 
its bad enough you guys gang up on me, but picking on a girl, thats pretty low guys, i mean thats VERY low

--------------------
M.M.
Semester #3 started,Only 7 more semesters to go.
Why, in an age where information is so easy to get, cant we find information on one man.
Experience is something you dont get until just after you need it.

Posts: 1002 | From: Southaven, Mississippi, US | Registered: Nov 2004  |  IP: Logged | Report this post to a Moderator
Penny-Trader
Member


Rate Member
Icon 1 posted      Profile for Penny-Trader     Send New Private Message       Edit/Delete Post 
i want to mark this on the callandar.


december 5th 2005 at 22:29 a very strange thing happened.

imakmony2005 appologised to Jenn.

i better take a picture because no one will believe it lol

just razzin ya Imak

Rod

--------------------
Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.

This is a non reporting pink sheet with very high risk. From high risk comes high rewards.
Dont invest more then you can afford to lose.

Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Hammer
Member


Icon 1 posted      Profile for Hammer         Edit/Delete Post 
"i want to mark this on the callandar."

What is a "callandar"? Does that have anything to do with a land lubber? A seaman charged with calling "land ho" whenever land is spotted? A new kind of pasta strainer? What? LOL

PS: Must be something new out of Canada.

--------------------
OUCH? Next time try the head!

Posts: 64 | From: Everywhere | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
imakmony2005
unregistered


Icon 1 posted            Edit/Delete Post 
I see nothing good about this stock at this time!
IP: Logged | Report this post to a Moderator
DIGDOUGH
Member


Member Rated:
4
Icon 1 posted      Profile for DIGDOUGH     Send New Private Message       Edit/Delete Post 
Buckwheat, are you from San Hose?
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
DIGDOUGH
Member


Member Rated:
4
Icon 1 posted      Profile for DIGDOUGH     Send New Private Message       Edit/Delete Post 
I think its some other word for a strainer.

quote:
Originally posted by Hammer:
"i want to mark this on the callandar."

What is a "callandar"? Does that have anything to do with a land lubber? A seaman charged with calling "land ho" whenever land is spotted? A new kind of pasta strainer? What? LOL

PS: Must be something new out of Canada.


Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Bachstocks1
Member


Rate Member
Icon 10 posted      Profile for Bachstocks1     Send New Private Message       Edit/Delete Post 
QBID XXXIII "Q" The Global Frontier ---
The fact that this WORTHLESS STOCK has this many posts is truly amazing.. When will people wake up, when it's .00000000000000000000000000000000000000000000000001, then will you people GET IT.. Just a thought, MOVE ON. Of course I could be wrong, they might be down to 1 trillion O/S, hey maybe I'm wrong, you guys gotta a WINNER... Way To Go!

Posts: 262 | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
MillerTIME
Member


Member Rated:
4
Icon 1 posted      Profile for MillerTIME     Send New Private Message       Edit/Delete Post 
Toxic Financing.
Everyone MUST read this article if you own shares in QBID. This is very very very scary, and in my very inexperienced opinion matches Q's history perfectly. Everyone they say is what QBID has done.

I believe Frank was sucked in or forced into toxic financing a couple years ago when he was in desperate need of capital to build the network.

----------------
A Toxic Tale.

Desperation both in life and business can convince folks to embark on risky paths to keep the financial doors open. Third mortgages, ridiculous credit card rates, finance company loans and even check cashing services loom like sharks that frequently smell blood in the water.

The equivalent in the SmallCap market is the great White Shark known as toxic financing. A fledgling company, like an individual with her/his financial back against the wall, will embrace this lunacy—usually the only financing option left –as its potential savior. More often than not, it is a deal with the devil. And investors should stay away from those companies that employ this strategy. The stats for success following this type of financing are so not in the favor of the company or the shareholders.

While not definitive, here’s one example of the form these toxic deals can take. The CEO of a small- or micro-cap company is convinced his company has the Next Big Thing. Progress as well as financing has been spotty and to get to the ‘next level’ a significant capital infusion is necessary. Unfortunately, the lack of a track record or results or both has road-blocked access to conventional financing avenues.

Then, one or more charming folk shows up at the door and schmoozes the CEO as to the potential of the company and how they can’t wait to invest. Either due to desperation, ego or stupidity, the CEO listens and in the back of his mind, rationalizes salvation for himself and shareholders. He would actually do his company and the shareholders a better service by sending these carpetbaggers packing.

The deal seems straightforward enough—although it can take many forms. The financiers will give the company money in exchange for a convertible debenture, preferred or equity line at a discount to the market price of the shares. The key here is that the conversion rate/price is not fixed, and in some cases there is a share price level, usually significantly below current market that will stop the advancement of a larger second tranche of funds.

My stock will never get that low, concludes the CEO, confident that this deal will save his company. What he doesn’t know is that these sharks have likely found the company not based on the potential of the technology, but on the capital structure and the potential to whack the crap out of the share price and make them and their buddies a crap-load of fast money.

The result will likely be the complete destruction of the company at most, massive crippling dilution for the shareholders at least and likely land the whole thing in litigation. A handful out of hundreds of company that go down this road actually prosper, but not before a lot of financial pain for everyone other than the ‘good samaritans’ that structure these toxic deals.

Without fixed pricing, the financiers and their buddies make their money by pounding the shares through shorting—usually of the naked variety-- and, once the price has been decimated (the dreaded death spiral) convert their debenture, preferred —whatever—into ridiculously cheap shares to cover their massive short sales. Usually, the lower the price, the more shares they get courtesy of a favorable value/conversion rate.

The company ends up having to issue massive numbers of shares to satisfy the conversions and it becomes a vicious circle as the selling begets conversion begets more dilution. Once the share price has been destroyed and the vehicle converted into all the shares necessary to cover, these buzzards move on to the next company with an equally desperate CEO. The carnage left usually means the shareholders are left with nothing the company becomes an albatross with potentially 100’s of millions of virtually worthless shares and is likely further behind than when it started.

--------------------
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
MillerTIME
Member


Member Rated:
4
Icon 1 posted      Profile for MillerTIME     Send New Private Message       Edit/Delete Post 
As everyone knows, I have been positive towards Q for a long time, and personally i will not sell at these levels. I am down way to much and it wouldnt really save much of anything. I will hold whether we sink or swim. Only thing that will make me sell is a Reverse Split.

I am not saying that this toxic financing has/is happening, but by reading that, it scared the heck out of me, and i am definately leaning towards that. There is obviously something terribly wrong with QBID. I am not saying QTN, because i belive Q has a very good chance of being the household name of gays, and probably about 500,000 subscribers in 6-12 months. Big profits rolling in.

But something serious is wrong with QBID, and this seems like the best possiblity.

--------------------
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
MillerTIME
Member


Member Rated:
4
Icon 1 posted      Profile for MillerTIME     Send New Private Message       Edit/Delete Post 
Here is the 2 year chart again on Q.

http://tinyurl.com/bfw8j

Accumulation (top indicator) and money flow (bottom indicator) took a hit the past 2 days, but today rebounded and are again going up. The accumulation indicator is screaming up right now and compare it accross the 2 years and you see some serious accumulation going on.

--------------------
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
Bachstocks1
Member


Rate Member
Icon 1 posted      Profile for Bachstocks1     Send New Private Message       Edit/Delete Post 
Oh how she crashes down into the pits of certain bankruptcy...Oh but no, we'll just print more shares and have our little minions on the chat boards, say how great it is, and what a wonderful investment it is. They'll say how this is such a groundbreaking stock....BULL....Never was, never is..Not like this at least. But its ok; keep posting BS DD and assumptions day in and day out on here and IHUB. Because this is the Q. Man, am I bitter or what...
Posts: 262 | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
HossTrader
Member


Member Rated:
4
Icon 1 posted      Profile for HossTrader     Send New Private Message       Edit/Delete Post 
Everyone's blood pressure would go way down if they would just mentally write this investment off and wait it out to see what happens. (I think most of the longs have done that now)

This is a really long term hold and no one should buy in at this point.

Once you have written off the money (or sold out) then enjoy watching Frank build a premier cable channel. If he does it right, even with a 60 billion a/s I think we can make some money. If he doesn't do it right, you aren't counting on that money. Staying angry about it, and even persuing this lawsuit won't make you feel any better about it in the long run. And it definitely won't help the chances of making any money off of it.

But watching it intensely day to day and waiting for some magical spike will make you insane.

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

Posts: 2412 | From: Atlanta | Registered: Aug 2005  |  IP: Logged | Report this post to a Moderator
Bachstocks1
Member


Rate Member
Icon 1 posted      Profile for Bachstocks1     Send New Private Message       Edit/Delete Post 
I'm not really angry despite how I sound. I sold out of this one for a decent loss a long while back...I just think its amazing, truly amazing, how many people still believe so strongly in it, and how many post there are about it daily around the WWW. And with that I conclude my stance. I'm gone!
Posts: 262 | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
HossTrader
Member


Member Rated:
4
Icon 1 posted      Profile for HossTrader     Send New Private Message       Edit/Delete Post 
LOL I was writing my post apparently while you were writing yours. It wasn't targeted to anyone in particular! Just the stress level on the board.

I still say we get all these posts because we have mutated into an online support group at this point [Big Grin]

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

Posts: 2412 | From: Atlanta | Registered: Aug 2005  |  IP: Logged | Report this post to a Moderator
Bachstocks1
Member


Rate Member
Icon 1 posted      Profile for Bachstocks1     Send New Private Message       Edit/Delete Post 
Probably true!!
Posts: 262 | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
Pennies to Dollars
Member


Icon 1 posted      Profile for Pennies to Dollars     Send New Private Message       Edit/Delete Post 
quote:
Originally posted by HossTrader:
Everyone's blood pressure would go way down if they would just mentally write this investment off and wait it out to see what happens. (I think most of the longs have done that now)

This is a really long term hold and no one should buy in at this point.

Once you have written off the money (or sold out) then enjoy watching Frank build a premier cable channel. If he does it right, even with a 60 billion a/s I think we can make some money. If he doesn't do it right, you aren't counting on that money. Staying angry about it, and even persuing this lawsuit won't make you feel any better about it in the long run. And it definitely won't help the chances of making any money off of it.

But watching it intensely day to day and waiting for some magical spike will make you insane.

This should be the post of the month.
Posts: 798 | From: New Jersey | Registered: Jan 2005  |  IP: Logged | Report this post to a Moderator
HighSide
Member


Member Rated:
4
Icon 1 posted      Profile for HighSide     Send New Private Message       Edit/Delete Post 
Miller Time

that is a scary read ill probly have nightmares tonight

--------------------
EMB

Posts: 333 | From: calif, bay area | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
Penny-Trader
Member


Rate Member
Icon 1 posted      Profile for Penny-Trader     Send New Private Message       Edit/Delete Post 
scary read but you have to wonder about the legality of such financing.

if they know this is happening, i cant believe that it is allowed to happen.

just goes to show that there are people that are our to screw as many as they can out of thier money.

Rod

--------------------
Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.

This is a non reporting pink sheet with very high risk. From high risk comes high rewards.
Dont invest more then you can afford to lose.

Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
David2376
Member


Member Rated:
4
Icon 1 posted      Profile for David2376     Send New Private Message       Edit/Delete Post 
Toxic Financing sounds very likely at this point...nice find BTW, never really heard much about the topic. I have been away from the boards and have not really looked at the PPS lately; I like my days to be happy and bright. This was not the case until I just simply stopped watching on a day-to-day basis; I was getting too stressed there for a while. Anyone who finds themselves checking the boards or the pps several times a day and getting annoyed, I highly recommend taking my advice and not even looking. I must admit optimism is growing and I am not quiet sure what is going on. I still fully trust Frank and don't believe he would intentionally do anything to ruin his dream. I do however believe he has made some mistakes for the worse...probably why the pps is where it is and why we have not seen the audit yet. I truly feel at this point several things need to happen before the pps will head to where it should be.

1) Audit needs to be released.....good or bad, just show us!
2) Make sure those damn restricted shares have dried up. Research it....hire someone, do whatever it takes.
3) Move to a new exchange, bite the bullet and do the R/S.

At this point I do not think a R/S would be a bad thing if done correctly. We probably need a 1-12 R/S, bringing the A/S down to 5 billion. How and why it is at 60 billion now is beyond me, I thought we were at 50! Frank then needs to RETIRE the majority of the shares from the R/S, keeping only a few billion in reserve for future projects. The ONLY WAY the R/S would work is if Frank retires most of the shares from the split and states in writing that no more shares will be issued or authorized.....EVER! Then maybe QBID's stock will start growing as well as the company has recently. This is still a great company with lots of potential but something HAS to be done now before it is too late. Frank is starting to loose shareholder loyalty as well as interest, at this rate it's only a matter of months before we are in big trouble. Frank.....do something now...before we reach that point of no return.

I know many are against a R/S but I truly feel it is the only way at this point. It could be for our benefit if Frank does it correctly.

--------
Current A/S: 60 bil
Split: 1-12
New A/S: 8 bil (5 bil from split, 3 bil kept in reserve, 53 bil retired)

Potential Company Value: 3 billion (I still fully believe that this is what we will be worth in the next 2-3 years)
New A/S: 8 bil
Potential PPS: .375

--------------------
The greatest mistake a man (or woman) can make is to be afraid of making one.

Posts: 45 | From: Tampa Bay, FL | Registered: Sep 2005  |  IP: Logged | Report this post to a Moderator
doctonone
Member


Rate Member
Icon 1 posted      Profile for doctonone     Send New Private Message       Edit/Delete Post 
Of course Jennifer the cheesecake queen is a pumper.
Posts: 59 | Registered: Sep 2005  |  IP: Logged | Report this post to a Moderator
Dustoff 1
Member


Rate Member
Icon 1 posted      Profile for Dustoff 1     Send New Private Message       Edit/Delete Post 
quote:
Originally posted by Monopoly Money:
its bad enough you guys gang up on me, but picking on a girl, thats pretty low guys, i mean thats VERY low

-----------------------------------------------
I think you had better re-read your post..
Ridiculas as well as silly comes to mind..

This is Wall Street, not the school yard..

Everyone is fair game, it's the American way.LOL

Posts: 10729 | From: oregon | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
Dustoff 1
Member


Rate Member
Icon 1 posted      Profile for Dustoff 1     Send New Private Message       Edit/Delete Post 
Hey Penny-Trader, are you one of those " Take a chain saw, cut a hole in the thin Ice, build a fire on it, while sipping good Canadian Whiskey, while fishing Lunitics? "
Posts: 10729 | From: oregon | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
MikeC
Member


Icon 1 posted      Profile for MikeC     Send New Private Message       Edit/Delete Post 
Damn!!!.......are you guys for real?

How long has Frank been doing business?

How many businesses do you think he has started?

How many times do you think has put together a business financial plan for each one of those businesses?

In all fairness, you must agree that Frank, at this point, is a businessman who knows what it takes to start, fund and grow a business. Don't you realize he has experienced many options in financing?

To say that Frank has come all this way, only to have his power/authority and financial control limited, in this life long dream of a business that he is successfully fulfilling, is nothing but absurd. There is no toxic financing imo.

Guys...this is his baby. Frank has not, and will not jeopardize his financial control.

So again, as other longs would say, you must have patience. Frank's objective to build Q, legitimize the company and get on an exchange will eventually happen, and to no surprise to those who believe.

Posts: 1236 | From: The Bluegrass State | Registered: Sep 2005  |  IP: Logged | Report this post to a Moderator
milliam
Member


Member Rated:
4
Icon 1 posted      Profile for milliam     Send New Private Message       Edit/Delete Post 
If this is toxic financing, I would hope by now that Frank, or at least someone in QBID would have figured out what was going on by now and reported the naked shorting to the SEC. Now, maybe they did, as his PR stated awhile back, but it would seem like they would actually have some good evidence here that the SEC would look into.

From what I've read on the toxic financing, it would seem like the fall of the companies pps would have to happen a little faster than what we've seen. I would think that if a company could figure out what was happening that the SEC would love to work with them to put these sharks in jail. It would be great PR for them!

The other possibility...this is toxic financing, but the sharks aren't naked shorting, but they did have an agreement to be able to convert their debt at 50% (just a guess) of what the pps is. Now they can flood the market with shares and still make money. If this is the case then at some point, they have to run out of shares.

Maybe, just maybe...Frank is in a position now to buy out his toxic financing. He needed the loan back then, but now he's off and running enough that he can buy up anything the sharks sale off.

Who knows....now back to "As the Q World Turns"

Milliam

Posts: 1028 | From: Georgia | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
Dustoff 1
Member


Rate Member
Icon 1 posted      Profile for Dustoff 1     Send New Private Message       Edit/Delete Post 
By Qbid'n: How many businesses do you think he has started?

That is a very good question...
I'd like to know how they wound up..

Posts: 10729 | From: oregon | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
milliam
Member


Member Rated:
4
Icon 1 posted      Profile for milliam     Send New Private Message       Edit/Delete Post 
QBID'n makes a good point, but how new is this toxic financing? I'm pretty sure Frank could have made a mistake if he wasn't aware of this type of goings on.

He didn't even get the rights to some of the music for the film library...I think there are other mistakes that he could have made.

I hope you are right though!

Milliam

Posts: 1028 | From: Georgia | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
a4realguy
Member


Rate Member
Icon 1 posted      Profile for a4realguy     Send New Private Message       Edit/Delete Post 
I think it is obvious that Toxic Financing is the information behind the scenes we don't know. I think we must all except that fact until someone in our management can show us otherwise. The question for us now isn't "IF" Toxic Financing is the problem we are facing but rather what do we do about it? Perhaps if the advertisers get word that this could be this companys liability, it could force management to take some action that we as shareholders are still waiting for.
Posts: 313 | From: Myrtle Beach, SC USA | Registered: Sep 2004  |  IP: Logged | Report this post to a Moderator
a4realguy
Member


Rate Member
Icon 1 posted      Profile for a4realguy     Send New Private Message       Edit/Delete Post 
The flaw in this thinking is that once you embrace that toxic financing has taken place, the CEO probably doesn't have control over the items you listed that need to happen.

quote:

Member Rated:
posted December 06, 2005 05:15
--------------------------------------------------------------------------------
Toxic Financing sounds very likely at this point...nice find BTW, never really heard much about the topic. I have been away from the boards and have not really looked at the PPS lately; I like my days to be happy and bright. This was not the case until I just simply stopped watching on a day-to-day basis; I was getting too stressed there for a while. Anyone who finds themselves checking the boards or the pps several times a day and getting annoyed, I highly recommend taking my advice and not even looking. I must admit optimism is growing and I am not quiet sure what is going on. I still fully trust Frank and don't believe he would intentionally do anything to ruin his dream. I do however believe he has made some mistakes for the worse...probably why the pps is where it is and why we have not seen the audit yet. I truly feel at this point several things need to happen before the pps will head to where it should be.

1) Audit needs to be released.....good or bad, just show us!
2) Make sure those damn restricted shares have dried up. Research it....hire someone, do whatever it takes.
3) Move to a new exchange, bite the bullet and do the R/S.

At this point I do not think a R/S would be a bad thing if done correctly. We probably need a 1-12 R/S, bringing the A/S down to 5 billion. How and why it is at 60 billion now is beyond me, I thought we were at 50! Frank then needs to RETIRE the majority of the shares from the R/S, keeping only a few billion in reserve for future projects. The ONLY WAY the R/S would work is if Frank retires most of the shares from the split and states in writing that no more shares will be issued or authorized.....EVER! Then maybe QBID's stock will start growing as well as the company has recently. This is still a great company with lots of potential but something HAS to be done now before it is too late. Frank is starting to loose shareholder loyalty as well as interest, at this rate it's only a matter of months before we are in big trouble. Frank.....do something now...before we reach that point of no return.

I know many are against a R/S but I truly feel it is the only way at this point. It could be for our benefit if Frank does it correctly.

--------
Current A/S: 60 bil
Split: 1-12
New A/S: 8 bil (5 bil from split, 3 bil kept in reserve, 53 bil retired)

Potential Company Value: 3 billion (I still fully believe that this is what we will be worth in the next 2-3 years)
New A/S: 8 bil
Potential PPS: .375

--------------------
The greatest mistake a man (or woman) can make is to be afraid of making one [/qb]


Posts: 313 | From: Myrtle Beach, SC USA | Registered: Sep 2004  |  IP: Logged | Report this post to a Moderator
Dustoff 1
Member


Rate Member
Icon 1 posted      Profile for Dustoff 1     Send New Private Message       Edit/Delete Post 
milliam, Refco is a good example of how a CEO will take great risk to obtain fulfillment of a dream...He thought he could handle his illegal activities later..

He successfuly hid an unrecoverable debt of nearly 500 Million dollars for years..

Then after the IPO with great success in his hands, the SEC Busted him..He is looking at years of Hard Time..The shareholders?, ouch!

Good company, bad PPS doesn't hold water in my book.

Posts: 10729 | From: oregon | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
  This topic comprises 181 pages: 1  2  3  ...  68  69  70  71  72  73  74  ...  179  180  181   

Post New Topic  New Poll  
Topic Closed  Topic Closed
Open Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share