posted
We go from a 1.7B 10-day trading average to 189M trading day. In yesterday’s PR Lloyd stated that QBID had lots of “trading irregularities.” Some questions to ponder:
Does this mean that we are going to be halted By SEC? Does this admission of trading irregularities and mean admission of guilt and wrong doing? Does it mean the SEC goes after Lloyd, or Frankie or whom? Is TMM/QBID now obligated to fix and/or address these problems? If the problems cannot be fixed does this mean TMM/QBID can file bankruptcy and dissolve itself like CMKX did? And since TMM and QTN are two different companies does that mean that QTN will survive as a stand alone company with its 75K of privately owned shares and meanwhile we get the shaft? Or on a positive note, does TMM dissolve/bankrupt and existing shareholders gain a very small portion of QTN shares under a different ticker for exchange of currently held QBID shares? The problem with this scenario is that I don’t think Lloyd or anyone else knows exactly who has what or what has who???. I am certain that Lloyd should have an approximate A/S at this point in time. . It would seem like simple math. He should know how much of the existing 350 A/S has been issued – therefore know what O/S is. But I guess if he knew that, then it would be fairly easy for him to do a reverse split. Neither scenario looks good for use. Questions, questions and more questions.
Posts: 1124 | From: DC/VA | Registered: Jul 2005
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posted
I don’t post much but was thinking about everything after reading its all over. If we really where toxic, could they just be trying to sell what’s left. Did the PR scare them, is this why we don’t have a final o/s count and the exponential raise in o/s to account for the .0000x amount of shares? Seems like either way good or bad it’s just a mess.
Posts: 13 | From: CA | Registered: Aug 2005
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posted
I do agree. Ya gotta handed to Lloyd; "A" for effort - he has been been upfront thus far in given us some transparencey and controlling some rumors. Lets hope this continues - maybe we can get some "ballpark" estimate of total O/S and answers to simple questions concerning asstes, such NTI, LSI, Gulf-whater, Q Media studios and whatever other companies Frankie had under TMM. I would also like to know what Frankie was paid for this "departure" from the scene.
quote:Originally posted by suzainiee: mony, please add me to your pm list, thanks.
I will say this for Mr. Fantastic, he squashed rumors by notifying investors that we were being dropped in one market.
He let us know that the audit had hit a snag.
He has not throw in the towel.
Verizon and Honey are still working for us........
The game is not over---much to some's disappointment.
posted
What would happen if the total number of actual shares in people account were to add up to more shares then they said they had in the books? In other words, QBID say it has 350B Shares, but an audit of all shares held in people accounts total to, say, 500b. Could this happen?
Just wondering with all the Naked Sjort selling going on.
Posts: 265 | From: Jacksonville, fl | Registered: Dec 2005
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posted
Now we do have to have some respect for U4 as he is our pet monkey stuck in a tree. Here is a guy giving advice to others that screwed some of his clients when he was a broker and got fired because he did not know how to pick penny stocks. ROFLMAO! If that isn't calling the kettle black him telling everyone they do not know what they are doing. I am sure based on his desperate cap lock attemps to get his point across, he lost 100 grand or more on Q and back for revengebased on his own dried up lack of knowledge. This time it is his own money. But then some people just never learn.
quote:Originally posted by Ad astra: Better idea U4TSAF2, you should sync up with MCHammer (TIUQ2TIGEL2) and Prince (U2SERAPMOCGNIHTON) and see if we can get a fund- raiser going to save The Q.
posted
regarding the 0.00's; the word "trade and/or sale" is totally wrong, for the following reasons:
1. the definition of "sale" is: payment of some kind (cash or services) was made for the particular item. In this case 0.00 is not payment. So, the owner of those shares apparently just "threw or donated" them. The joke would be: if he/she was not a market-maker, then to even dump the shares in the market he/she probably paid a monetary commission(or got some free sex instead :-)
2. the stock market's definition of a "trade" is that one or more shares were monetarily bought from a "seller". Again, 0.00 is not money; so the share(s) owner just dumped them for nothing. highly illogical.
The best answer, in my opinion, is that most market-makers,like most lawyers and politicians, are notoriously crooked, doing almost anything that serves themselves. It's also my opinion, that company presidents, CEO's and their stock's market-makers, who all typically own shares in the company, all conspire to move the stock up or down, whenever they all want it up or down. NOTHING IN THE STOCK MARKET HAPPENS "RANDOMLY", in pice or time, i.e. everything is "logistically planned, way in advance.
IN MY OPINION, DON'T BE TAKEN IN BY LLOYD FAN; HE'S PROBABLY PART OF THIS WHOLE DIRT BUSINESS. HIS 2 REPORTS ARE RIDICULOUSLY OBFUSCATING, VAGUE AND OVERBROAD. FOR INSTANCE: HIS PHRASE THAT OLSEN "RESIGNED" ALL HIS STOCK IS MEANINGLESS WITHOUT KNOWING WHAT HAPPENED TO THE ACTUAL STOCK CERTIFICATES. FAN THROWS A SMALL BONE BUT, IN MY OPINION, KEEPS THE FULL INFO FOR HIMSELF AND THE "GANG". I BELIEVE HE WILL ALSO DROP OUT AND DISAPPEAR.
-------------------- 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
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posted
Imak, I know I am a new poster but I've been in this stock for over 2 years and I would really apreciated a PM too if its not a hassel for you. Thanks.
Posts: 11 | From: Northeast U.S.A | Registered: Mar 2006
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posted
Imak, I've been a lurker on this board for month's and have owned this stock for over 2 years and would appreciate a PM about your visit at Q television. Thanks.
Posts: 1 | Registered: Jan 2006
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Faltering Gay Network Kept Queer Edge Host “Out of the Loop” By Paul E. Pratt Published: April 6, 2006
Jack E. Jett swears the show will go on somehow, somewhere, with his new co-host Sandra Bernhardt. Being “kept in the dark” doesn’t feel good. Just ask Jack E. Jett. The talk show host says it became “painfully obvious” while talking with journalists from The Advocate exactly how little he knew about the inner-workings of Q Television Network, the home of Jett’s popular daytime series The Queer Edge.
“In the middle of our interview, I really became aware they knew more than I do on some subjects,” admits Jett. “It was rather baffling. I feel like I was kept out of the loop to some degree. That’s not the best way to feel.”
A feature in the magazine’s March 28, 2006 issue reveals significant turmoil within the up-start queer premium channel. The piece claims the network’s competition with here! and Logo for viewers has led to a “financial fiasco.” Mixing quotes from a significant number of QTN employees, and a variety of well-known facts, The Advocate paints a less-than-rosy picture of the gay network.
In January, QTN announced the high-profile acquisition of Jett’s Queer Edge cohost, comedienne Sandra Bernhardt. Less than a month later, Jett says network brass called a meeting to announce a broadcast hiatus. Official statements from the company contend QTN planned to use the time off to strengthen daytime programming in preparation for upcoming Gay Games broadcasts. According to Jett, the reason given insiders was “something about an investor.”
To compound matters, founder Frank Olsen stepped down as CEO of QTN parent company Triangle Multi-Media Limited in March. Lloyd Fan was named Chief Executive soon after. With all the shifts, starts and stops, The Advocate article goes so far as to suggest the fledgling gay network is “falling apart.” Jokes Jett: “That’s an uplifting headline, isn’t it?”
While the comedian makes light of the article, Jett realizes the network’s current situation is far from a laughing matter. Hindsight being 20/20, Jett says he now fights the urge to “beat myself up.”
“I keep asking myself how much of this I should have known,” he shares. “Not only did I have my head buried in the sand, it was a matter of seeing what I wanted and ignoring the rest.”
One member of senior management, who was present at the network’s big ticket summer launch party in San Francisco, says things began to go awry within the company last fall. Though QTN’s Web site denotes this individual parted ways with the network amicably, the former bigwig says that is far from the truth. He contends he was “forced out” by executives. On conditions of anonymity, the source reveals: “Things there are really ****ed up.”
Jett seemed surprised to hear of such comments dating back to Fall 2005. He reveals his first real indication something was amiss at QTN popped up – if he had been willing to recognize it — in January 2006.
On a trip to cover a Bare Naked Ladies concert in San Diego, Jett says the network was supposed to pay $500 for access to the arena. Just days before the shoot, the bill still wasn’t paid. “Nobody could figure out who to have sign the cashier’s check,” Jett recalls. “That was my first clue something bad was going on.”
For Jett this realization after-the-fact is particularly frustrating—especially since the upheaval at QTN is hitting the host and many others involved where it hurts most: in the pocketbook.
“I talked to my partner and found out I haven’t been paid in six or more weeks,” Jett confesses. “My husband has kicked my ass about 300 times over this. I guess he was telling me all along, but I wasn’t paying attention.”
With responsibilities which include writing, producing and booking guests for The Queer Edge, Jett calls his personal commitment to the program “certainly more than a full-time job.” Filming five episodes a week kept him so busy, he says, there was little time left to keep abreast of what else was happening within the company. “You do your job and expect others to do theirs,” he says.
“Now that the ****’s hit the fan, though, it’s a different story,” Jett points out. With the situation at QTN making headlines in a national publication, everyone’s story is beginning to come out. Jett says that now, even more than when speaking to writers from The Advocate, he sees how unaware he was.
“The staff of Queer Edge hadn’t been paid in several weeks,” he says. “Nobody wanted to tell me.” Jett is especially angry about the way QTN has treated its staff. While he says he can “go without paying a few bills,” others were truly “caught off-guard.”
“There are people who can’t pay their rent. Others can’t cover their gas bill or phone,” says Jett. “Those are hard working people who were putting their heart and soul into this, and that’s not just the people who were working on The Queer Edge.”
Many employees were told the network was going on hiatus and then, afterwards, let go without notice. The host says over the course of his tenure with QTN, he has seen people randomly let go when things were not going as planned within the company. He says this “seemed weird,” since management is usually the first to take the fall. With the exception of Olsen, Jett says, “As far as I know, management is still in place.”
Financial matters for his crew aside, Jett is not worried. “As far as my manager and I know, we are still on hiatus and will return,” he notes. Jett is certain his show – which he says has proven to be “QTN’s flagship program” – will live on even if the network itself proves fatally flawed.
“I really think what is happening is sad,” he confesses. “All three gay networks offer something so different. I really do think there is room for all three.” “As far as The Queer Edge with Sandra and I goes,” Jett assures fans, “We will bounce back, whether on QTN or somewhere 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. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
Houston....we have a problem....come in Houston....Houston we’re losing you!....come in Houston!!!....oh my god Lieutenant....Lieutenant Rod we've lost her sir!
aahahaha ...just some humor guys before the gorgeous weekend coming up here in the “Bluegrass State”.
Oh well, things can’t be all that bad. We’re still afloat....at least for now.
Have a good weekend everyone.
Posts: 1236 | From: The Bluegrass State | Registered: Sep 2005
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Currently we have not advertised CurveTV or our English package as we are testing our end-to-end system. Once advertising and marketing begins in earnest we hope to have a substantial take up.
Unfortunately I cannot disclose subscriber numbers as they are confidential. Although we see the potential for CurveTV and buy-through to our English package as great.
Thank you for your interest in the SELECTV service.
Regards, Elizabeth HughesSELECTV Broadcasting LimitedLevel 7, 100 Collins StreetMelbourne VIC 3000.. eMail: elizabeth.hughes*selectv.comwww.selectv.comThe information in this email message and any files transmitted with it are confidential and/or privileged and are intended only for the use of the individual or entity to whom they are addressed. If you received this message in error please notify us immediately by telephone or return e-mail and delete all copies from your computer system as your retention, distribution or copying of this message and files in strictly prohibited. It is the recipient's responsibility to check this message and files for viruses.
From: Jenniferxxxxxxx*aol.com [mailto:Jenniferxxxxxxx*aol.com] Sent: Friday, 7 April 2006 3:17 AM To: Elizabeth Hughes; Jenniferxxxxxxx*aol.com Subject: Re: Curve TV
Hello Ms. Hughes
I want to wish you and all your teammates at SelecTV the best and may the Gods of profitability soon smile upon you. I am an investor in Q Television now broadcasting as Curve TV on your system.
Could you please help me with some questions? How has the subscriber interest and response been for the Curve TV offering? Is the interest level for Curve TV still there now that you have launched? If it would be possible, could you give me the start of broadcast subscriber numbers for Curve TV? What do you see as the potential for Curve TV?
I really do appreciate any and all help on these questions.
Thank you very much,
Jennifer xxxxxxx
-------------------- Your greatest investment is into a peaceful heart. Posts: 699 | From: Tampa, Fl. | Registered: Jun 2005
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you keep toughting SelecTV...IMO they are not in any position to be of any benefit to QTN. Yea, I guess any subs we can get are better than nothing...SelecTV is also a start-up and it will a couple of years before they are well established. They are running behind on launch dates, etc. Additionally, they are only expectiong a combined total 80,000 subscribers. QTN alone, needs jsut that many to maintain its overhead. Out of 80K subs, I will assume that 10% will have QTN/Curve package. QTN's deal with SelecTV is 50%/50% on $7.95. That means that with 10% of 80K subscribers QTN half in 8K subs is grand total $31,800. That probably will not even cover the sattelite link and feed...Hell, I hate to admit, but I have sunk at least that much into this lame duck stock.
Low-cost ethnic pay-TV looks a lot like Foxtel Jane Schulze March 09, 2006 HE says it's not a competitor to Foxtel, but the low-cost pay-television service that Foxtel's former boss Jim Blomfield is rolling out has some remarkable similarities. SelecTV is described as a boutique ethnic pay-TV service set to rival other ethnic pay-TV broadcasters such as UBI World TV, the successor to TARBS World TV which was placed in administration last year.
SelecTV already has a Spanish language service on air and during the next six weeks plans to launch its Vietnamese, Greek, Italian and German language packages.
And this month it will launch an English-language service of 20 channels such as National Geographic (which, ironically, is owned by Foxtel's 25 per cent owner News Corporation), Turner Classic Movies, BBC and Movie One for $29 a month.
This compares with Foxtel's $50.95 a month basic package of 36 TV channels, as well as 30 audio channels and interactive services.
But Mr Blomfield plays down his expectations for the cut-price English service, saying it's pitched to older audiences with lower incomes who may consider a few extra channels valuable.
"That's why we haven't high expectations for the English channel take-up. Within two years we are targeting 40,000 subscribers on the English package, so that's pretty modest," he said.
Mr Blomfield said he doesn't want to pick a fight with the big pay-TV companies, "because if we did we would just get blown out of the water".
SelecTV, which has spent $22million getting to launch stage and is preparing to raise $18 million through a public offer, expects to break even in about two years with 80,000 subscribers.
It has attracted investors such as Melbourne's Myer family and former Seek chairman Irvin Rockman in its last raising, and is seeking a cornerstone shareholder ahead of its stock-market listing, which is expected to value the business at $55 million to $60million.
SelecTV's financial adviser David Williams, from corporate advisory group Kidder Williams, said many people who already pay for an internet connection and a mobile phone simply can't afford existing pay-TV offers.
"So we don't see ourselves competing with Foxtel or Austar but there's unsatisfied demand out there because in most pay-TV countries penetration is between 40 and 45 per cent, so why are we maxing out at 23 per cent? It's because it's too expensive," Mr Williams said.
The $18 million is expected to cover SelecTV's operating expenses for the two years until it breaks even, as Mr Blomfield said it had created a low-cost model.
"The model is not to own a lot of technology but to out-source as much of the entire operation as possible," he said.
SelecTV will have a total staff of 35 to 40 people to operate about 40 channels.
"This is a marketing company; it's not about owning technology or controlling set-top boxes but getting relevant content to a niche market cost effectively," Mr Blomfield said.
SelecTV will pay for the foreign channels via a fixed annual fee, while it pays a per subscriber amount for the English channels based on "very small" minimum subscriber guarantees. Mr Blomfield said he hoped it would pick up 150,000 subscribers from the 6.5 million Australian TV homes within five years.
Mr Williams said he believed the ethnic market was under-serviced, as until now there had been no Vietnamese offering and the Spanish market was poorly serviced.
But SelecTV's plans attracted the interest of UBI, which late last year forced the company to change the prospectus for its $10million raising after taking concerns to the Australian Securities and Investments Commission. UBI alleged SelecTV was insolvent, which was not properly disclosed in the prospectus.
SelecTV had to issue a supplementary prospectus that did not include financial forecasts.
But Mr Blomfield claimed that was just an episode of "dirty tricks" by a competitor and "we would not be that silly to be so finely tuned to the requirements of our funding".
"If you want to take a swing at someone, you should at least make sure you hit them," he said
Jane Schulze appears on Sky Business Report each weeknight at 8.30 on the Sky News channel.
Posts: 1124 | From: DC/VA | Registered: Jul 2005
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posted
Info for those interested SelecTV Prospectus. As you can see from their plan on page 41, GLBT audience sub projections for 2006 is only 1.3% of 21K. That is only a projection of 2730 GLBT subs ($10,850 in annual revenues!)and by 2010 only 8.9% of 152K subs. These are SelecTV projections, which more than likely are inflated for best case scenearios. Clearly, there littel to very little demand or in Australia for GLBT networks/porgramming and little or not reveune opportunity of QTN in that region. We need to drop SelecTV like a hot potatoe and focus on DirecTV and DishNetwork, IMO. Pay them the 250K per month each, becuase it is obvious the big dogs dont want the profit sharing approach designed by Frankie the Fruadster.
posted
My observation is that it appears that QBID has lost the bid or had a bid less then .0001 fewer times today than other days during this week. I don’t have the sophisticated tools some of you have to see that information; I simply use my Scottrader Chart for QBID and that only report four decimal points. Additionally, I have observed the Risk Metrics go from 2250 on 3/25 to 1743 today. Average of 50 pts/market day. The first few days it was average drop of 30 pts/market day. This seems strange in light of the negative news of late. It has been my observation that there is a negative correlation (A reciprocal relation between two or more things) between the Risk Metrics and the pps. As I mentioned in a previous post I don’t recall was the pps was when the Risk Metrics was at 700-800 but I believe it was around .0008. I don’t use that measure exclusively but I do look at it for any buys/sells I make and it has served me well. Maybe I am the eternal optimist with Q. But I am holding long, very long. Good luck to all!
Posts: 118 | From: Tampa & Ft Myers, Fl | Registered: Jun 2005
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