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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » QBID XXXVI: FAN of QBID? (Page 42)

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Author Topic: QBID XXXVI: FAN of QBID?
bottomfishing
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yeah i dont recognize it either. searches turn up nothing. im not sure if it's even a q tv number. thanks for the help, im just trying to figure out if 760-778-5896 was ever a contact # for Q or if someone created it falsely.
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Slug
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All, I saw this article and not that it is timely, but I've heard people talk about lawsuits here and thought that this was appropriate....


Shareholder Lawsuits Not Path to Riches
Friday March 24, 5:16 pm ET
By Ellen Simon, AP Business Writer
Class-Action Shareholder Lawsuits Aren't the Best Way to Change a Company's Bad Behavior

NEW YORK (AP) -- Suing: it's the American way. But when it comes to shareholder lawsuits, it may be time to reconsider.

Class-action shareholder suits remain a popular fixture in courts throughout the land, although they very rarely pay shareholders much of anything. Nor are they a stellar way to change a company's bad behavior.

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Some might argue the lawsuits serve as a deterrent to bad behavior. That's a hard sell: Because there are so many lawsuits, they carry little stigma. That shareholder suits will almost immediately follow a company's bad news is now a matter of custom. In the last few weeks, shareholders sued H&R Block Inc., Northfield Laboratories Inc. and Bausch & Lomb Inc., to name just a few.

There were 182 federal securities fraud class actions in 2005, according to the Stanford Law School Securities Class Action Litigation Clearinghouse, which keeps numbers in cooperation with Cornerstone Research, a consulting firm that does financial and economic analysis in commercial litigation.

The suits are hardly a path to riches for shareholders. Consider Milberg Weiss Bershad Hynes & Lerach, the law firm that was lead or co-lead plaintiff in more than 50 percent of federal shareholder suits settled from 1997 to 2004.

The firm's median settlement as a percentage of the estimated damages in each case was 3.7 percent, according to Cornerstone. Other firms didn't do much better: The median for the top 10 firms was also 3.8 percent.

So, if you lost $10,000 when your stock declined and you proceeded to join a class-action sheparded into federal court by the biggest names in the field, you might get a whopping $380 when the case was settled.

Except you won't.

The lawyers customarily take one-third of the settlement.

And who pays for the settlement? Maybe the company's insurer, so the company's rates go up, cutting into profits.

Or maybe the company itself pays. That would be a vindication, unless you still own the stock, in which case, "You may be suing yourself, in a sense," said Cindy Ma, vice president of National Economic Research Associates Inc., an economic consulting firm that studies shareholder suits.

Stanford just counts the federal suits. Another wave of suits can hit companies in state court. Do shareholders do better there?

No.

Robert B. Thompson and Randall S. Thomas, both law professors at Vanderbilt University Law School, studied 1,000 corporate ficuciary duty cases filed in Delaware state court between 1999 and 2000. Because of its laws favorable to business, Delaware is a popular state for companies to incorporate in.

Of all the litigation at the state level, "the only real dollar recovery occurs in one subset: cases against controlling shareholders who squeeze out the public shareholders at too low a price," Thompson said.

Even those cases have a lottery-like element to them. Litigation is brought in about 150 such cases a year; cash recovery occurs about 20 percent of the time. Still, the settlements in these cases count for roughly 80 percent of all state-court corporate law settlements.

As Cindy Ma sees it, "There has to be a better way to prevent fraudulent activity."

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Penny-Trader
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hey now

how are ya

quote:
Originally posted by imakmony2005:
Hello BL, HOSS,DOC, PT, BUCK, JENN. AND ALL LONGS.



--------------------
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.

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imakmony2005
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Good PT, And you, Hope all is well, Fan just might get us moving i hope.Whats your take?
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Penny-Trader
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Frank may have kept that office to start his next endevour.

remember he has in the past stated that he wants to start a gay porn network.

maybe this was part of the deal. he gets out, keeps the office, starts a new corporation and a new company.

time will tell.

Rod


quote:
Originally posted by Bottomliner:
quote:
Originally posted by mikensay:
That's just great.

Regarding Frank still being at the Palm Springs office:

I finally got through. Maybe their lines were tied up by guys like us calling them suddenly ... but I got the same answers King did.

Initially I asked for Lloyd Fan and was told no one by that name was there. So I asked to speak to Frank and was told he was only taking calls from certain people because he was "too busy" to speak to anyone else. I said I had talked with him in the past and hoped he had a minute for a couple shareholder questions ... and the guy said Frank "won't talk to any shareholders". He added that Frank gives them a list of people he will take calls from each day, but then said I could try to call back tomorrow. (?)

Although I don't like this new discovery, I don't think we should "assume" anything yet. There could be many logical reasons for it.

So, I will continue to remain objective ... although I don't like this situation any better than anyone else.



--------------------
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.

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Penny-Trader
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well i would like to see a picture of him or an interview from a reputable news source. I would also like to see Washington State records reflect Mr Fans name.

has anyone explored the possibilities of a legal name change. it is possible that Frank legally changed his name, and reappointed himself as CEO?

i know that is a far fetch, but it is making me nervous that we still really know nothing about this mr Fan.


this is all speculation of course.

this is my take on things.

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.

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MikeC
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Carol does talk of Fan in the interview as if he is "another individual".
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MikeC
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I'll call WA again tomorrow.
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Leo
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quote:
Originally posted by Penny-Trader:
well i would like to see a picture of him or an interview from a reputable news source. I would also like to see Washington State records reflect Mr Fans name.

has anyone explored the possibilities of a legal name change. it is possible that Frank legally changed his name, and reappointed himself as CEO?

i know that is a far fetch, but it is making me nervous that we still really know nothing about this mr Fan.


this is all speculation of course.

this is my take on things.

rod

LOL, I wondered that back on page 11 [Big Grin]

Makes ya wonder eh!

LEO
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posted March 12, 2006 02:30 PM
--------------------------------------------------------------------------------
Here's a far-fetched speculation MM; Mr. Fan is another of Olsen's (Olson's) long list of supposed aliases.
--------------------------------------------------------------------------------
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suzainiee
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quote:
Originally posted by imakmony2005:
JUST CALLED Q BURBANK 1-818-848-4360 FAN WILL BE IN AT 9AM IN THE MORNING?

Hi and thanks, mony.

Perhaps Mr. Fan is not interested in personal recognition--more interested in seeing results.

Would anyone recognize the CEO of Coke (without
his name and title under his picture)?

I called too--just listened to the recording.

They are indeed at Media City in Burbank.

Wonder if Frank paid the P.S. rent in advance?

--------------------
Suz

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Bottomliner
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quote:
Originally posted by suzainiee:
... Wonder if Frank paid the P.S. rent in advance?

suz
I think there are many logical reasons for what we've discovered today, including the likelihood that Q and/or Frank has time left on a lease for the Palm Springs facility and that Q and/or Frank is going to stay there until forced to move out.

Also possible is that Q is still transitioning from one location to another.

As for Frank, it is very common for a company to provide office space for former execs. Or Frank's name may be on the lease, so he's using it.

I'm just trying to be objective ... since we don't really know what the truth is. And like Penny-Trader said tonight, I would really like to see a documented interview with Mr. Fan ... or at least a bio on him done by an objective source.

Maybe we can encourage one of the many gay magazines to do an interview with him.

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

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Dew-it
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Everbody keeps asking if Frank the Fraudster is still in QTN or not... isn't this one of Richard Brown's responsibilities - to keep investors up to date on public information. He should be the one to verify whether or not Frankie the Fraudster is still involved. Maybe Frankie the Fraudster is still around in a "consultive" role? This is a common during take overs and/or buy-outs. Former execs stick around for a year or so until the transition is fully complete.

Or maybe Frankie the Fraudster is being kept around to teach Lloyd how to "write" PRs, begin start-ups, hide/transfer assets, and especially important - how to scam investors of their hard earned money. LOL!

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Rich735
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Keep those Risk Metrics coming down!

Down another 29 points over night to 1880!

Still got a long way to go!

http://www.nasdaq.com/services/riskMetrics.stm?&tickers=QBID

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DIGDOUGH
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Richard Brown doesn't seem helpful. What Frank is doing sounds like an easy question.
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Ad astra
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What is wrong with me? bought more. FYI came in 2 chunks on eturd. 1 block at 9,999,999 and one at 5,000,001.

So now if you those 9,999,999's i guess they really are buys. [Smile]

Have a good weekend all. Come on Fan, make me proud.

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K2snow
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Does anyone else show a HIGH today of .0003?

Boy, that would be nice!!!

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Esteban99
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Where is it showing that, K2?
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K2snow
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Under the high/low.
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JimS
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quote:
Originally posted by K2snow:
Does anyone else show a HIGH today of .0003?

Boy, that would be nice!!!

I have it on Scottrade. Within the first five minutes of opening.
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Esteban99
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quote:
Originally posted by K2snow:
Under the high/low.

[Roll Eyes]

I meant on what ticker.

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buzzygresham
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thats good news. was it there very long?
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Dew-it
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tape painting...

09:32:33 500000 0.0003 + OTCEQ_NBB

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Jennifercd10
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I have it to. I think t is the 500k at 09:32:36
Hi Jim. Today is the big day for Q-ualtity Babe

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

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Esteban99
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It was only one trade. Anyone know what the volume was? (Under 1 mill usually means it's not a real trade, just tape painting)
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Bottomliner
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Ameritrade Streamer shows high of the day at .0003, and Yahoo shows that a trade of .0003 for millions of shares went through at the opening bell. Anyone have more info on this?

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

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Esteban99
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Ameritrade shows ask at .0002!
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Dew-it
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we wish... L2

Vol 237M
0x.0000
5X.0001

quote:
Originally posted by Esteban99:
Ameritrade shows ask at .0002!


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Dew-it
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nope. just one trade.

09:32:33 500000 0.0003 + OTCEQ_NBB

quote:
Originally posted by Bottomliner:
Ameritrade Streamer shows high of the day at .0003, and Yahoo shows that a trade of .0003 for millions of shares went through at the opening bell. Anyone have more info on this?


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K2snow
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Hmmm... thats very weird! I didnt even catch it, and i have only 2 stocks on my watch board as of now.


Wouldnt 3 be nice or even 2

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Sam1959
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From Allstocks:
0.0001 4401000 OTO 09:32:50
0.0001 8000000 OTO 09:32:49
0.0001 3000000 OTO 09:32:37
0.0001 3000000 OTO 09:32:37
0.0001 3000000 OTO 09:32:37
0.0001 1000000 OTO 09:32:36
0.0001 1000000 OTO 09:32:36
0.0003 500000 OTO 09:32:35
0.0001 6000000 OTO 09:32:26
0.0001 9000000 OTO 09:32:26
0.00 950000 OTO 09:31:59
0.00 20000 OTO 09:31:55
0.0001 5000000 OTO 09:30:56
0.0001 1000000 OTO 09:30:46
0.00 35000 OTO 09:30:42

--------------------
Sam

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K2snow
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Well, someone got either really lucky or really screwed!!!
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letitrideboy
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the high is .0003 for today? Is that somebody playing with us? lol

--------------------
let it ride!!!

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Penny-Trader
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what price did they fill at?

quote:
Originally posted by Ad astra:
What is wrong with me? bought more. FYI came in 2 chunks on eturd. 1 block at 9,999,999 and one at 5,000,001.

So now if you those 9,999,999's i guess they really are buys. [Smile]

Have a good weekend all. Come on Fan, make me proud.



--------------------
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.

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suzainiee
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quote:
Originally posted by Dew-it:


Or maybe Frankie the Fraudster is being kept around to teach Lloyd how to "write" PRs, begin start-ups, hide/transfer assets, and especially important - how to scam investors of their hard earned money. LOL!

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

Dew, just imagine inserting QBID in the PR below!

Anything is possible!

Two years ago, QBID released that PR with very similar phrasing found in another company's release--we yelled.

I wholeheartedly welcome plagiarism for a PR like the one that follows: (Have shares--not advising anyone to buy.)


SANTA MONICA, Calif., Mar 29, 2006 (PRIMEZONE via COMTEX) -- Zeros & Ones, Inc. (Pink Sheets:ZROS) today filed its Form 10-KSB for the fiscal year ended December 31, 2005, and in doing so announced its Plan of Operations with respect to its status as a publicly held company. Under new management, the Company has completed audits of its operations from 2003 through 2005 in compliance with requirements of a fully reporting company. The Company also intends to comply with the reporting requirements of Bulletin Board companies despite currently being listed on the Pink Sheets. "This is an important step for the Company on its way to relisting on the Over-the-Counter Bulletin Board and maintaining accurate and timely reporting controls and procedures," said the Company's Chairman and CEO, Mark Laisure. "We fully intend to take all steps necessary in order to regain listed status. In addition, the Company is working to complete previously announced acquisitions as part of its growth through acquisition strategy."

Now, that is a PR!!!!!!!!!!!!!!!

Waiting for Mr. Fantastic to make it happen......

--------------------
Suz

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Ad astra
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quote:
Originally posted by Penny-Trader:
what price did they fill at?

quote:
Originally posted by Ad astra:
What is wrong with me? bought more. FYI came in 2 chunks on eturd. 1 block at 9,999,999 and one at 5,000,001.

So now if you those 9,999,999's i guess they really are buys. [Smile]

Have a good weekend all. Come on Fan, make me proud.


.0001
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