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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » QBID XXXVI: FAN of QBID? (Page 32)

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Author Topic: QBID XXXVI: FAN of QBID?
manfromjax
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Balance Sheet
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investinme2004
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http://qtelevision.com/site/Home/AboutQTN/FinancialStatements/tabid/160/Default.aspx

--------------------
Investinme2004
how2getstarted*aol.com

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mjm2005
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HOLY CRAP

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

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manfromjax
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I don't know, but these numbers look kind of bloated to me. I hope there is an accountant on this board that can decipher these number. I have an accounting degree, but haven't used it in a long time.

Item 2095 Film/movies.. went from 7,667,311 to 18,961,603 in 6 months?

Item 3550 Notes... went from 9,162,063 to 24,659,554 in 6 months

Item 4110 Issue & OS 75,000????

Looks like to me all QBID value is in this so called Film Library????

Just my first impression.

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Wangdo
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the OS is related to QTN not TMM

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Sometimes the poorest man leaves his children the richest inheritance.

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Wangdo
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this should make the thread real active today, i'll have plenty to read later on today

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Sometimes the poorest man leaves his children the richest inheritance.

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CHIMAN34
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I work late shift Wango, and I just happened to check.
OK. We may not have much yet, but at least we have more info now than what Frank gave us since I can't remember.
I am sure there is more to come.

Dave

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moosehead9nc
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wow, i am duly impressed that these were released at all, way to go fan
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HossTrader
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Real numbers!! Way to go!! Even if they suck LOL

One comment on the increase of value of the library. Don't forget, now that library includes 6 months worth of pretty heavy live programming. Syndication rights aint cheap.

This thread might just come alive today LOL

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I just want to make enough money to be eccentric.

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HossTrader
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We still don't know anything about TMM's balance sheet. But any news is good news to me. [Big Grin]

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I just want to make enough money to be eccentric.

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4Tune4Me
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These numbers are from June 30, 2005 and are meaningless today.

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Just the facts, ma'am.

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manfromjax
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quote:
Originally posted by 4Tune4Me:
These numbers are from June 30, 2005 and are meaningless today.

And Dec 31, 2005
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milliam
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Holy cow...a CEO that actually follows through. This could be real good.

Now, what ever happened to our 700 million dollar film library???? DavidJ, didn't you see a appraisel around that figure?

BTW, welcome back Jen.

Milliam

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Ligge
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And why do we owe TMM so much money lol

Glad to see you hanging in there Jen. And I am also glad to see the multitude of responses agreeing on the desire to see you stay.

You know its really not you we want though... its just the cheesecake!! <duck and cover>

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valves
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Triangle Multi-Media Limited Inc. Releases Q Television Network Financial Statements

E-mail | Print | | Disable live quotes Last Update: 9:00 AM ET Mar 24, 2006


BURBANK, CA, Mar 24, 2006 (MARKET WIRE via COMTEX) -- Triangle Multi-Media Limited Inc. (QBID : triangle multi-media ltd inc com
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QBID0.00, 0.00, 0.0%) has announced today the release of financial statements for its wholly owned subsidiary, Q Television Network, Inc. (QTN). The information -- which will be available on the Network's website ( www.qtelevision.com) -- covers all activities since QTN's inception through December 31, 2005. This highly anticipated release comes on the heels of the new CEO Lloyd Fan assuming total control of Triangle Multi-Media and QTN.
"We have a commitment to our shareholders to provide them with as much fundamental data as possible, and the QTN statement was long overdue," said Lloyd Fan, CEO of Triangle Multi-Media and the Q Television Network. "In the two weeks that I have been in control, I have spent the majority of my time devoted to the financial records in order to provide the shareholder base the information it has been demanding. We are also currently working on the Triangle Multi-Media financial statement and hope to release that to the public very soon."
Fan has also confirmed that previous executive management has resigned all of its fiduciary and executive interest in Triangle and QTN, as well as its 53% majority ownership of QBID.
About Q Television Network:
Q Television Network is a 100% wholly owned subsidiary of Triangle Multi Media. This 24/7, premium television network is organized to create, develop and feature television programming for the gay and lesbian community, including live & interactive content every weeknight, plus sports, information and entertainment. While the company expects much of its subscriber base to be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public.
The company's programming is available on a subscription basis to those desiring to subscribe. The monthly fee varies by region of the country. The network is telecast 24 hours per day, 7 days per week and features a variety of live and original programming. Q Television is available on such blue chip cable systems as Time Warner, Cox communications and RCN, among others, with availability approaching 3 million digital cable households in the U.S. Q Television Network is the official network of Gay Games(R) VII. The network is also ad-supported. For further information on programming and subscriptions, please visit www.qtelevision.com.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the television network's ability to execute its business model and strategic plans; and the risks described from time to time in the company's Securities and Exchange Commission filings.
Contact: QTN Investor Relations Richard Brown Equity Relations, Inc. (617) 314-7379 Staff*EquityRelations.com
SOURCE: Q Television Network
mailto:Staff*EquityRelations.com Copyright 2006 Market Wire, All rights reserved.

--------------------
-Ken

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Bottomliner
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quote:
Originally posted by 4Tune4Me:
These numbers are from June 30, 2005 and are meaningless today.

Both June 30, 2005 AND December 31. 2005, showing changes during that six-month period.

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

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4Tune4Me
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quote:
Originally posted by manfromjax:
quote:
Originally posted by 4Tune4Me:
These numbers are from June 30, 2005 and are meaningless today.

And Dec 31, 2005
Thanks manfromjax...I'll have my coffee first next time.

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Just the facts, ma'am.

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manfromjax
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Stockholders Equity is

21,169,591 / 350b shares = . .00006

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manfromjax
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quote:
Originally posted by manfromjax:
Stockholders Equity is

21,169,591 / 350b shares = . .00006

That is share value = .00006
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Bottomliner
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quote:
Originally posted by manfromjax:
quote:
Originally posted by manfromjax:
Stockholders Equity is

21,169,591 / 350b shares = . .00006

That is share value = .00006
That's just QTN, not TMM (QBID). So the numbers are interesting but not very revealing.

However, the most important part of this "limited" audit is simply that it has occurred. We actually have numbers ... data ... information ... transparency ... no matter how limited it is.

GL to us all. Should be more interesting from now on.

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

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DIGDOUGH
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That wasn't so hard. Friggin Frankenstein.
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MikeC
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Waiting for the WA S.O.S. to open at 8:00am Pacific to see if there are any new amendments.

Also, I would like to have seen TMMís certified numbers today rather than a company report on QTN.

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freebird68nj
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quote:
Originally posted by manfromjax:
quote:
Originally posted by manfromjax:
Stockholders Equity is

21,169,591 / 350b shares = . .00006

That is share value = .00006
Thats assuming all 350b shares are o/s at this moment. If there only 50b outstanding, then we should be .0004.

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One Lucky SOB

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freebird68nj
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L2's ?? Premarket anyone??

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One Lucky SOB

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QbidHope
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"Fan has also confirmed that previous executive management has resigned all of its fiduciary and executive interest in Triangle and QTN, as well as its 53% majority ownership of QBID."

Looks like Frankie the Fraudster really might be out(53%)!! [Big Grin]


Deposit($1,075,000.00) for 06' GG shown in "Audit"(page 4) [Eek!] [Razz]

Have faith in Fan my longfellows!!

--------------------
"Life is what you get when you made other plans"
If you can't afford to lose it, Don't invest it

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sbrcow
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im in QBID for a measly 450. I Always considered selling when i woke up but for some reason i could never bring myself to it. Im with you guys and with Fan. He can turn this around!
-Cow

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drummer. rock and cash all that matter.

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Esteban99
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what's $9,400 divided by 350,000,000,000 ?
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Farley
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Editorial comment: I find this stock and this place comical. Have you ever been out to dinner with someone who complains about everything? The water isn't cold enough, the waiter is to slow, the food is to hot, etc etc. Nothing can be right. Nothing will satisfy that person.

What's funny is we have just been given information that EVERYONE on this board and every other msg board has wanted for 7+ years and yet ppl are still complaining. I agree we want to see TMM's statement BUT Mr. Fan has been here for 2 weeks "pubicly" and has kept to his word. He said he would put together a Mgmt team and BOD, he immediately put Carol as Pres. He stated that he wanted transperency and today we get the sheet on QTV. He stated in the PR that TMM was forthcoming "shortly". I suspect within 2 weeks he will have TMM posted. So ppl who are complaining about "I want TMM not QTV" please just STFU. If they would have put TMM out today then ppl would be b*tching and moaning, "What about QTV, do we own it, what is going on with their finances BLAH BLAH BLAH."

Mr. Fan is obvisouly not here to play games, I don't know who this man is, I can only attest that he is a man of his word so far and that is all we can go on.

Flame away now!

--------------------
Farley

"Retiring before the age of 40!"

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Bottomliner
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quote:
Originally posted by Farley:
Editorial comment: I find this stock and this place comical. Have you ever been out to dinner with someone who complains about everything? The water isn't cold enough, the waiter is to slow, the food is to hot, etc etc. Nothing can be right. Nothing will satisfy that person.

What's funny is we have just been given information that EVERYONE on this board and every other msg board has wanted for 7+ years and yet ppl are still complaining. I agree we want to see TMM's statement BUT Mr. Fan has been here for 2 weeks "pubicly" and has kept to his word. He said he would put together a Mgmt team and BOD, he immediately put Carol as Pres. He stated that he wanted transperency and today we get the sheet on QTV. He stated in the PR that TMM was forthcoming "shortly". I suspect within 2 weeks he will have TMM posted. So ppl who are complaining about "I want TMM not QTV" please just STFU. If they would have put TMM out today then ppl would be b*tching and moaning, "What about QTV, do we own it, what is going on with their finances BLAH BLAH BLAH."

Mr. Fan is obvisouly not here to play games, I don't know who this man is, I can only attest that he is a man of his word so far and that is all we can go on.

Flame away now!

Farley
Great post. [Cool] [Smile]

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

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Esteban99
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I'm absolutely thrilled he released this.

But it's like Christmas finally came and there's a huge lump of coal in the stocking. $9,400 income? Even with no money from subs, wouldn't they make way more than that from commercials?

Fan is acting in good faith, and I think most people applaud him. The problem is he has the unthankful task of showing us how crappy Frank was.

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Pennies to Dollars
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quote:
Originally posted by Farley:
Editorial comment: I find this stock and this place comical. Have you ever been out to dinner with someone who complains about everything? The water isn't cold enough, the waiter is to slow, the food is to hot, etc etc. Nothing can be right. Nothing will satisfy that person.

What's funny is we have just been given information that EVERYONE on this board and every other msg board has wanted for 7+ years and yet ppl are still complaining. I agree we want to see TMM's statement BUT Mr. Fan has been here for 2 weeks "pubicly" and has kept to his word. He said he would put together a Mgmt team and BOD, he immediately put Carol as Pres. He stated that he wanted transperency and today we get the sheet on QTV. He stated in the PR that TMM was forthcoming "shortly". I suspect within 2 weeks he will have TMM posted. So ppl who are complaining about "I want TMM not QTV" please just STFU. If they would have put TMM out today then ppl would be b*tching and moaning, "What about QTV, do we own it, what is going on with their finances BLAH BLAH BLAH."

Mr. Fan is obvisouly not here to play games, I don't know who this man is, I can only attest that he is a man of his word so far and that is all we can go on.

Flame away now!

I wholeheartedly agree with you, Farley. I can't speak for anyone but myself, but so far I really like our new CEO.
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Farley
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The other thing to note is until we see the TMM report card we cannot make any determination of the value of stock symbol QBID. I see ppl are already trying to set a vaulation to QBID. That cannot be done, Esteban99 "most likely" (that means this is MY OPIONION) TMM (QBID) is recevinig all revenues from subs, ads etc etc. Someone even posted they think Frank and some other bozo owns the 75k shares in QTN. It amazes me the level of education ppl have, ppl read but DON'T COMPREHEND. Anyone can read but can you comprehend??? taken from the PR:

Fan has also confirmed that previous executive management has resigned all of its fiduciary and executive interest in Triangle and QTN, as well as its 53% majority ownership of QBID.

Hmmm does anyone see that it says "esigned all of its fiduciary and executive interest in Triangle and QTN" Lookie lookie it says QTN that means Mr. Fan owns 75k shares of QTN.

Comprehension is a beauitful thing.

Spinners/Flammers come at me, I love it!

**I am not paid but anyone, my wife has all my money, long holder of Q, still skeptical but hopeful for a better ending.

--------------------
Farley

"Retiring before the age of 40!"

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Esteban99
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Good post Farley.

It does show Q paying 5 mill to TMM. However, if that money came in to Q first it would be shown in income and the deducted.

I think it would be strange for people with a business relationship with Q to pay TMM directly. Not saying it couldn't happen, and I definitly don't know all the ins and outs of finance.

But you're absolutely right, without a valuation of TMM, there is no valuation of QBID. But with all the "dirty shell" business, do you think we'll see that in the next few days?

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Jennifercd10
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quote:
Originally posted by Farley:
The other thing to note is until we see the TMM report card we cannot make any determination of the value of stock symbol QBID. I see ppl are already trying to set a vaulation to QBID. That cannot be done, Esteban99 "most likely" (that means this is MY OPIONION) TMM (QBID) is recevinig all revenues from subs, ads etc etc. Someone even posted they think Frank and some other bozo owns the 75k shares in QTN. It amazes me the level of education ppl have, ppl read but DON'T COMPREHEND. Anyone can read but can you comprehend??? taken from the PR:

Fan has also confirmed that previous executive management has resigned all of its fiduciary and executive interest in Triangle and QTN, as well as its 53% majority ownership of QBID.

Hmmm does anyone see that it says "esigned all of its fiduciary and executive interest in Triangle and QTN" Lookie lookie it says QTN that means Mr. Fan owns 75k shares of QTN.

Comprehension is a beauitful thing.

Spinners/Flammers come at me, I love it!

**I am not paid but anyone, my wife has all my money, long holder of Q, still skeptical but hopeful for a better ending.

I totally agree

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Your greatest investment is into a peaceful heart.

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Farley
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Esteban99 I think we will see the report card on TMM within 2 weeks. I believe (again this IMO) that this was done during Frank's time, Mr. Fan is just releasing it to gain credibility and bring transperency.

BUT BUT BUT - Do not expect a rosey picture, infact expect to be 400 trillion in debt and have 1 sub (which is Frank, Renee doesn't even subscribe), 4 zillion OS and 9 zillion AS. EXPECT THAT.

Doesn't mean we are doomed, doesn't mean CH 11, 7, 13 next week. Just means Mr. Fan has some serious work ahead of him which we already know.

We have a very long road ahead of us but with limited knowledge and exposure to this new CEO and President they arn't holding back that is for damn sure.

--------------------
Farley

"Retiring before the age of 40!"

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