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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » QBID XXXV The Road to Transparency (Page 202)

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Author Topic: QBID XXXV The Road to Transparency
MillerTIME
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quote:
Originally posted by pappy:
quote:
Originally posted by ricecakes:
FRANK GOT THE JOB DONE AND FOR THIS COMPANY TO SUCCEED IT NEEDS THE GLBT COMMUNITY TO TAKE AN INTEREST IN THE PRODUCT, SUBSCRIBE TO IT AND THEREFORE GIVE IT THE REVENUES IT NEEDS TO MOVE FORWARD. THIS IS NOT A CASE OF A BAD CEO. IT'S A CASE OF AN ENDUSER COMMUNITY SHOWING NO INTEREST.

ricecakes
at a burn rate of 2 million a mounth, and at a rate to subscribers of 7.95 a mth Q would need over 250,000 subscribers at that rate. SO does the carrier get any of the 7.95 or does Q pay a flat rate.
250,000 seem to me to be a lot of subscribers seems to me to be a lot of subscribers in this amount of time.

PAPPY. About 1 month and a half ago, i posted a long winded post regarding this situation and was one of the main reasons i got out of QBID.

The business model on QTN is not IMO properly set and cannot go on as a business.

Frank said the burn rate was 1M like 9 months ago, and we all know that nothing Frank has ever said has ever been right. So id say that it was about 1.5M back then and now is probably at least 3M with all the additional personalities and shows, etc. (Anybody wanna know how much they were paying Josh Fountain?)

So with a 3M burn rate. Then you have to understand that currently most of the contracts set up QTN is paying the carriers to carry their station, so they are not making 7.95, but paying them to carry it. But once/if things settle in, then they split it half and half. Thats $4 a sub.

So we are talking about 750,000 subsribers will be needed to break even give a take a few.

Now we all have been using skewed numbers, because me and pennytrader used to use the number of 10% of each potential sub would sign on. In fact Frank olsen himself says they are only looking to get 1-2% (if you dont trust me, go look on the qtn website in investor info, that article in the financial times.

So, if they are only getting 1% of their potential subs currently with 3M house distribution, they only have 30,000 subs of the 750,000 they need to break even. I stated about 1 and a half months ago that i had heard that the sub numbers were extremely low, and many sources have come out and verified this. Take it as you may, rumors speculation, but when it is compounded, you have to see a similarity. One was quoted as saying they have 800 subs, another said very low subs, and i said that in novevmeber i belivee they had about 1500 subsribers.

point is, yes they have a very limitied reach currently, and like all new businesses (QTN is like 7 years old) they are loosing more money than they are taking in. BUT, my point is that i dont think QTN can ever suceed with their business model. Many of us never thought about it, but run the numbers, and look at that financial times arcticle where frank said 1-2%.

Hope this helps and glad to see some people are taking the initiative to dig deep into DD.

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

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MillerTIME
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quote:
Originally posted by davidjanas:
if tomorow we have a day with no bid u know something is funny.

David, today we were trading at

NO BID x .0001
0 x2

So we had the no bid today, dont know if we closed with a bid or not, but yes today we were no bidding.

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

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davidjanas
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millertime ..ur gonna be pissed if qbid goes again ...but i have a feeling that you still have some shares
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MillerTIME
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***Not related to qbid****

This Ricecakes, somebody either skunksyard himself or another is posting his exact posts from IHUB.

Skunksyard is the paid pumper, who pretends to be a girl, but has been proved to be a male named Dwight and no he is not insane, it is his job to post the positive.

I dont know if it is actually skunksyard posting his messages on here or just somebody copying them over, but either way they are skunks posts from IHUB. He is not joking around, that is what he is paid to post.

***editorial***
----LMAO, go ahead and cut me up for saying this, but JenniferCD10 has many similarites and a post from him the other day caught my attention when he was saying that the market is going to like QTN not paying their employees, laying off 75% of them, and cutting back live shows by 50%. Just reminded me quite a bit of skunksyard

[ February 16, 2006, 16:44: Message edited by: MillerTIME ]

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

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MillerTIME
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quote:
Originally posted by davidjanas:
millertime ..ur gonna be pissed if qbid goes again ...but i have a feeling that you still have some shares

30,000 shares.

David, dont you think if Frank thought the pps was going to go up in the next week or month, he would slow down on the dilution? Why dilute 2B shares a day at .0001 if you knew the pps was going up. Or would you dilute as fast as possible at .0001 before you annoucne bankruptcy? [Wink]

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

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ricecakes
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LET'S NOT FORGET, THEY ARE INCREASING CARRIAGE... TIME IS NEEDED FOR DEVELOPING PRODUCTS. THEY AREN'T INSTANT.
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imakmony2005
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Good old MT, Thats my dog.
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a4realguy
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LOL.. we're laughing all the way to the BANK..ruptcy court..
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MillerTIME
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quote:
Originally posted by imakmony2005:
Good old MT, Thats my dog.

LMAO, good to see ya again dawg [Big Grin]

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

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Wangdo
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quote:
Originally posted by MillerTIME:
quote:
Originally posted by davidjanas:
millertime ..ur gonna be pissed if qbid goes again ...but i have a feeling that you still have some shares

30,000 shares.

David, dont you think if Frank thought the pps was going to go up in the next week or month, he would slow down on the dilution? Why dilute 2B shares a day at .0001 if you knew the pps was going up. Or would you dilute as fast as possible at .0001 before you annoucne bankruptcy? [Wink]

my question to you is... Who's Buying and who is gonna buy 250 billion more shares???

CMF has finally gone into the red and Accu/Dist has taken a slight downturn

http://stockcharts.com/def/servlet/SC.web?c=QBID,uu[h,a]daclyyay[dc][pb50!b200][vc60][iUc20!Lf]&pref=G

--------------------
Sometimes the poorest man leaves his children the richest inheritance.

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imakmony2005
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Same here MT, Good luck with all you do and i meen it.did i spel that right mean meen.
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imakmony2005
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Thats what i dont get too Wangdo who will pick these shares up? newbies maybe a few billion but 250 wow thats alot to sell.
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MillerTIME
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quote:
Originally posted by Wangdo:
quote:
Originally posted by MillerTIME:
quote:
Originally posted by davidjanas:
millertime ..ur gonna be pissed if qbid goes again ...but i have a feeling that you still have some shares

30,000 shares.

David, dont you think if Frank thought the pps was going to go up in the next week or month, he would slow down on the dilution? Why dilute 2B shares a day at .0001 if you knew the pps was going up. Or would you dilute as fast as possible at .0001 before you annoucne bankruptcy? [Wink]

my question to you is... Who's Buying and who is gonna buy 250 billion more shares???

CMF has finally gone into the red and Accu/Dist has taken a slight downturn

http://stockcharts.com/def/servlet/SC.web?c=QBID,uu[h,a]daclyyay[dc][pb50!b200][vc60][iUc20!Lf]&pref=G

Wangdo, my honest opinion, is that QTN is sinking. They are on the verge of bankruptcy. They have not paid employees in over a month, they have lost half their on air personalities, canceled shows, and lost 75% of their staff. Frank has lied about everything that has come out of his mouth. he has screwed one to many people, and the actual business of QTN will not last much longer.

With that said, i have told many people through my phone chats that the only reason why i would still hold is because the question of who is buying and why. Somebody probably is buying those shares at .0001, and my guess is that it is a company like Planetout or Bravo, or somebody like that, because they can buy a majority share of the company for a greatly reduced price. And then QTN will be bought out by that company, which will run the stock price up IMO.

So yes, i think anyone that is saying anything postiive towards QTN these days are either paid pumepers, or have just put so much money in they cant take off their rose colored glasses, but the question remains whos buying and why. Very good question, and the only way out i see.

If Planetout was to gain 50% of the shares they could buy the company for .001 a share and major mucho deniro on the 50% of the shares they own, and everyone here would make out much better than me. [Big Grin]

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

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MillerTIME
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quote:
Originally posted by imakmony2005:
Same here MT, Good luck with all you do and i meen it.did i spel that right mean meen.

[Wink]

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

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imakmony2005
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Hey the girl on the top of the screen is hot, shes single and in her underpants! way to go BOB.
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MillerTIME
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By: stock-up
16 Feb 2006, 04:48 PM EST
Msg. 135743 of 135746
Jump to msg. #
The first party of Club Skirts Dinah Shore Weekend 2006 at Palm Springs largest and most upscale gay nightclub. Live performance by Dana Adkins! Join our stars from the Dinah Film Festival hosted by Power Up! at the opening party. Super DJs playing hip hop, house, R & B & Club classics. QTV live broadcasting from the party with featured QTV hosts including Honey Labrador, Saskia Webber and Chrisanne Eastwood.

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

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Wangdo
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MT..IMAK, that is what has me so perplexed, this has been a so so volume week(around 7B )and we all know that these aren't just new shares they could be old shares just trading hands.

I'm so CONFUSED and it hurts

--------------------
Sometimes the poorest man leaves his children the richest inheritance.

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polo1110
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Damn it. All I get is some average looking chick's headshot who, "wants a degree."

Come on Bob, help me out.

quote:
Originally posted by imakmony2005:
Hey the girl on the top of the screen is hot, shes single and in her underpants! way to go BOB.



--------------------
Still holding, Still waiting, ...

Don't forget to send your letter to Echostar/DISH Network. 20 letters a day gets Q some play :)

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MikeC
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quote:
Originally posted by nathraq:
if Logo and Here! are available on Comcast in the Chicago area, then Q-TV should have absolutely no problem with getting their own channel. It's either a lack of management, or they just don't give a crap.

At this point "in time", if Q can't make it, then its possible that the rest will fail as well. And if indeed there is a detrimental lack of support within the GLBT community, well then Logo more than likely is sucking Viacom's hind tit leaving the inevitable..... soon forced to ween off the hind tit where doom is certain to follow. And that goes for Here! as well.

Logo and Here! net operating funds, if their is truly a lack of support, is bound to be sucking out someones bank account.

Who knows...Logo and Here! may have been dead wait for quite some time now.

IMHO, Frank alone, regardless of his unprofessionalism and lack of experience, would not be the cause of Q's failure. Because if the demand coupled with support isn't even there to begin with, then having another CEO wouldn't make a damn bit of difference either.

I just hope this is all a temporary setback. [Big Grin]

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imakmony2005
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POLO LMAO, WANGDO i hear ya who is the buyer/s. Are if like MT is saying someone buying to take control franks got 53% perfered shares what are they 1 for 1 are 100 to 1 common.WHOLE LOT OF IFS.
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manfromjax
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quote:
Originally posted by imakmony2005:
Thats what i dont get too Wangdo who will pick these shares up? newbies maybe a few billion but 250 wow thats alot to sell.

I don't think anyone with a with a clean soul will buy them..... I have 12m shares left in my taxable account and 5m in my IRA. I am thinking about selling my 12m shares at .0001 to take the tax loss. Those shares in my IRA, well I will just hold them for a while longer. As I stated before, I believe it will be a Loooong time before QBID rises from the dead, if ever. With 250B more shares to sell, I feel fairly sure of this. If QBID does go back up, there will be plenty of time to buy back in, if one chooses. Frank is NOT buying back any shares if he can't even meet his payroll. Right now, I rather have $1200 to invest somewhere else.
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MikeC
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quote:
Originally posted by MillerTIME:
quote:
Originally posted by davidjanas:
millertime ..ur gonna be pissed if qbid goes again ...but i have a feeling that you still have some shares

30,000 shares.

David, dont you think if Frank thought the pps was going to go up in the next week or month, he would slow down on the dilution? Why dilute 2B shares a day at .0001 if you knew the pps was going up. Or would you dilute as fast as possible at .0001 before you annoucne bankruptcy? [Wink]

Restructure before bankruptcy???
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MillerTIME
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quote:
Originally posted by imakmony2005:
POLO LMAO, WANGDO i hear ya who is the buyer/s. Are if like MT is saying someone buying to take control franks got 53% perfered shares what are they 1 for 1 are 100 to 1 common.WHOLE LOT OF IFS.

Frank doesnt have any preferred shares. Thats another Olsen Lie.

Call up the Washington Secretary of State, give them the UBI number and ask how many Preferred shares there are.

Olsen doesnt have any preferred shares

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

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buckwheatbob
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Well seeing as you are on a roll, is there any preferred shares? and no, I am not being sinicle.

quote:
Originally posted by MillerTIME:
quote:
Originally posted by imakmony2005:
POLO LMAO, WANGDO i hear ya who is the buyer/s. Are if like MT is saying someone buying to take control franks got 53% perfered shares what are they 1 for 1 are 100 to 1 common.WHOLE LOT OF IFS.

Frank doesnt have any preferred shares. Thats another Olsen Lie.

Call up the Washington Secretary of State, give them the UBI number and ask how many Preferred shares there are.

Olsen doesnt have any preferred shares



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

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MikeC
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quote:
Originally posted by imakmony2005:
Thats what i dont get too Wangdo who will pick these shares up? newbies maybe a few billion but 250 wow thats alot to sell.

I agree, because the damage/bad news, is painted throughout every search engine on the web, so in their quest for DD the new investor would certainly see it and negatively affect his/her opinion.

Ultimately scaring them away from the investment. At least for now. [Big Grin]

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MillerTIME
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quote:
Originally posted by buckwheatbob:
Well seeing as you are on a roll, is there any preferred shares? and no, I am not being sinicle.

quote:
Originally posted by MillerTIME:
quote:
Originally posted by imakmony2005:
POLO LMAO, WANGDO i hear ya who is the buyer/s. Are if like MT is saying someone buying to take control franks got 53% perfered shares what are they 1 for 1 are 100 to 1 common.WHOLE LOT OF IFS.

Frank doesnt have any preferred shares. Thats another Olsen Lie.

Call up the Washington Secretary of State, give them the UBI number and ask how many Preferred shares there are.

Olsen doesnt have any preferred shares


No, 0 Preferred shares total according to Washington SOS

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

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imakmony2005
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Thats one down MT, but what of the 53% owner ship. And frank being frank i would think there were, are there is preferred shares?
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MikeC
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MT hopefully your right about PlanetOut. [Big Grin]
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imakmony2005
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Whats to stop frank from changeing common shares to preferred shares right now before they ever sell any more?
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Optimus Prime
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quote:
Originally posted by ricecakes:
LET'S NOT FORGET, THEY ARE INCREASING CARRIAGE... TIME IS NEEDED FOR DEVELOPING PRODUCTS. THEY AREN'T INSTANT.

Hi U4.

Just a hunch.

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

10.3 Million Shares and Holding

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Leo
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quote:
Originally posted by Optimus Prime:
quote:
Originally posted by ricecakes:
LET'S NOT FORGET, THEY ARE INCREASING CARRIAGE... TIME IS NEEDED FOR DEVELOPING PRODUCTS. THEY AREN'T INSTANT.

Hi U4.

Just a hunch.

What a twist, a basher bringing ovr a pumpers posts?!?!?!?
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mjm2005
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quote:
Originally posted by MillerTIME:
***Not related to qbid****

This Ricecakes, somebody either skunksyard himself or another is posting his exact posts from IHUB.

Skunksyard is the paid pumper, who pretends to be a girl, but has been proved to be a male named Dwight and no he is not insane, it is his job to post the positive.

I dont know if it is actually skunksyard posting his messages on here or just somebody copying them over, but either way they are skunks posts from IHUB. He is not joking around, that is what he is paid to post.

***editorial***
----LMAO, go ahead and cut me up for saying this, but JenniferCD10 has many similarites and a post from him the other day caught my attention when he was saying that the market is going to like QTN not paying their employees, laying off 75% of them, and cutting back live shows by 50%. Just reminded me quite a bit of skunksyard

Skunks is not named Dwight. They're calling her that because there's a character on "The Office" that reminds them of her... I'll doublecheck on this..

Geez, MT, a lot of what you have been saying recently, I have confirmed to be otherwise... you're becoming the next G-Invest...

--------------------
Remember two things:
You love New York City
and leave only your footprints.

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Bottomliner
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quote:
Originally posted by LEO:
What a twist, a basher bringing ovr a pumpers posts?!?!?!?

LEO
I don't know who or what this person is, but I believe that everyone posts for self-serving reasons. Maybe he (or she) now thinks the time is "right" to be a pumper instead of a basher. If so, that makes him the same as all the professional stock analysts who switch ratings based on their personal agendas rather than their objective opinions. I doubt that any stock analyst "bashes" a company he just bought or "pumps" a company he just sold. Not accusing them of dishonesty ... just being practical. And the ones who insist on telling us how honest they are should be watched most closely. [Cool]

--------------------
Everything I say is only my opinion ... right or wrong.

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Gordon Bennett
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Does anyone think there's any chance of QBID hitting .001 again?

--------------------
"Those who would give up Essential Liberty to purchase a
little Temporary Safety, deserve neither Liberty nor Safety."

- Benjamin Franklin

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mjm2005
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BL--PM

--------------------
Remember two things:
You love New York City
and leave only your footprints.

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