posted
an awful lot of assuming has been going on, and not just here.
here's something to put in your pipe....
with all the deals and chicanery frank has done, using shares all along the way (richard, etc), that majority ownership of 53% might not be that anymore.
i say to frank...prove to me that you own 53%, and how many shares is that. frank says that he has turned them all over to mr. fan. i say ...ok then, when was that filed with the sec? and if it wasn't, well that's a securities violation, isn't it?
...along with the others.......
so this story is far from being told.
us lowly shareholders collectively may just have more of an ownership position than was previously purported to be.
well that could be important in that election of officers vote....... couldn't it?
that's why these filings are important.........all imVho....
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quote:Originally posted by BlackWidow: And a shout out to Winsumlosesum who introduced me to that site. Ah those were the days!
2nd that shout out...win's a good man, the days indeed. bw, ever get to 'see' anything?
gotta keep your eyes on the 75k a/s of qtn.
transfer of ownership of those shares. that is who owns qtn. whoever owns those shares. and the transfer of ownership is a federal filing. if it is not done, it didn't happen....legally.
posted
your not going to reply? LOL, then what is this message that im quoting?
you approached me on this, as stated before, you assumed that i was referring to you when i stated the word clown. Why? i dont know, maybe deep down you feel you are the clown. Its funny what a paraniod mind will do.
i dont care if you post or not, you have brought some good dd here and i never said that you didn't, and I never stated for you not to post. You show me where i did, and i will show you where you fabricated one of my messages. I always read your posts, good bad or indifferent. I dont always agree with you, and that is my prerogative.
You brought me into this, but you dont want to argue. That is very Noble of you.
you seemed to take offence to me telling Jenn to ignore the clowns, and that is when you brought me into your argument, that you have not been replying to.
I like the way you dont reply to stuff like this, I look forward to your next non response directed to me.
oh yes and to answer your question about thinking real hard about who looks like a clown?
Well lets just say thank you for clarifying for me who looks like a clown.
Rod
quote:Originally posted by Dew-it: Penny Trader,
First of all I am not going to respond to your ridiculous and silly accusations and comments… like I said take before take a deep breath and think really, really hard - try it again, you can dewit!
Now, who do you really think is being a clown? Again, you don’t really have to answer, but if you feel inclined to do so, then please by all means continue. I am not going to continue sparring with you. So continue to post whatever it is you post – makes no never mind to me. Also, if you don’t like what I post then ignore it. I will no be offended. t End of conversation with you – Have a good day sir!
-------------------- 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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they have been more open with us in a very short time, then Frank has been with is in a very long time.
nothing changes overnight, I dont trust the new management anymore then you do, they have to earn that trust.
point im making is that they announced that they wanted to bring the finacials out for TMM, and unlike the preveous administration, they came out and told us they are going to miss on that promise. they didnt just let it slide and wait till everyone was up in arms as to why we have not heard anymore about the subject. that gave them a lot more credibility in my eyes. im still not 100% confident in them yet, but they are 10 times more reliable about information being passed along to us then Frank has been.
they have released bad news to us about dropped carriers, and the poor numbers for the finacials for QTN. that took more balls to do that then to remain quiet on the subject.
Im willing to give them some time to pull this together.
rod
quote:Originally posted by King Crimson: look, i was slammed for making a deal out of the license renewal back then.
richard was telling people here that the paperwork was done and in and all that.....lies. that's right, lies. call and talk to wa sos and ask them how long it takes. website updates take awhile.
my point is this: these corporations are still behaving like the 3-dollar bill they were last year. NOTHING HAS CHANGED.
break my balls, but explain away ALL the inconsistancees that this PUBLIC company's management continues to perpetrate against it's shareholders....
....the people who forked over their dollars to create this 'thing'.......
yeah, go ahead....you guys keep excusing these 'new' guys for not following the rules, and break on me.........lol .........i'm gonna pay attention...and NOT trust them....gl
-------------------- 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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quote:Originally posted by Penny-Trader: ...im still not 100% confident in them yet, but they are 10 times more reliable about information being passed along to us then Frank has been.
they have released bad news to us about dropped carriers, and the poor numbers for the finacials for QTN. that took more balls to do that then to remain quiet on the subject.
Im willing to give them some time to pull this together.
rod
I am too bro, but if just for the sake of conversation on the matter, "not 100%" is synonymous with "almost".
That's like building a bridge halfway across the river.
Look, yes I'll agree they are forthcoming, but right now we have to give credit where credit is due, and if I am going to give them credit for "anything", it will be for releasing official documents. When that is done, then I will give them the credit they truly deserve.
Otherwise it's just the same old song and dance.
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quote:Originally posted by Penny-Trader: they have released bad news to us about dropped carriers, and the poor numbers for the finacials for QTN. that took more balls to do that then to remain quiet on the subject.
Im willing to give them some time to pull this together.
...only AFTER it was posted all over the internet.
and the good folks that went to alot of trouble to get that PROOF out to the rest of us very interested parties were summarily 'drawn and quartered' verbally by the lemmings and sheep.
no balls for that.
Im willing to give them some time to pull this together.
how long? how much longer? how long does it take to convene a "meeting of the board", declare new pres/ceo/chairman, sign and witness the documents, and then go ahead and file them with the state of washington?
oh, right, i forgot....they already DID all of that--except the LAST PART.
sorry man, we got no choice but to give them time. their time is up with me. same old same old. and good luck to all....but only trust the filings.......
posted
Is this not what i have been saying all along?
I will believe everything when i see it officially posted, i question everything.
I didnt buy into the Houston deal untill i seen proof.
the pr was the proof.
im really sure what you are pushing on us about. no one here said they are filed, no one knows anything, that is the problem.
i dont really care that Washington state is not updated, as it really doesnt matter if they are going to be bankrupt tomorrow.
i want to see the Transparency of this company, and that is when i can make the decision on how long is enough time.
What is wrong with this reasoning?
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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imakmony2005
unregistered
posted
how long? how much longer? how long does it take to convene a "meeting of the board", declare new pres/ceo/chairman, sign and witness the documents, and then go ahead and file them with the state of washington?
About one day i just did it with my corp.
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posted
Okay, BW, I've just used tinypic.com to post a link to my photo ... so I think I know how to do that. But is there a way to post an actual photo in the text of my message, rather than a link?
-------------------- Everything I say is only my opinion ... right or wrong.
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quote:Originally posted by imakmony2005: how long? how much longer? how long does it take to convene a "meeting of the board", declare new pres/ceo/chairman, sign and witness the documents, and then go ahead and file them with the state of washington?
About one day i just did it with my corp.
Hey imak,
I chimned in a day or so ago and asked to be added to your PM list.
posted
if you go to the full screen message screen go dow to the bottom and click on IMAGE in the bottom of the right hand row of Instant UBB code.
in the pop up window paste the link that Tinypic.com gave you.
that is the only way to get a picture to show on the forum.
its a bit of work but it does work.
Rod
quote:Originally posted by Bottomliner: Okay, BW, I've just used tinypic.com to post a link to my photo ... so I think I know how to do that. But is there a way to post an actual photo in the text of my message, rather than a link?
-------------------- 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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posted
you can also hit the preview your message instead of posting it and it will show you what it is going to look like before you post it. if you dont like it you can edit it before posting.
that way you can play with it for a bit instead of having to wait for the 1 minute time out if you post.
if this doesnt make sence im sorry i have been drinking tonight and it makes sence to me lol
Rod
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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Yes, as a matter of fact I did. I got to see my phone bill with all of the calls I made to Richard and Burbank.
As of the end of Feb. I spoke to Richard who was supposedly attempting to facilitate my "visit", which I kept insisting that I intended as more than a "visit". Then came the Fan change and I have never heard from Richard again. Not a peep!
So what strikes me as odd is that he did comment that he didn't mind speaking to me and returning my calls as I was always polite and professional. I have now left him messages asking him to return my calls simply on a courtesy basis even if he will not/cannot provide Q information. Nada. So not that I am all that in his book, but I do find it odd that other posters on this board claim to have heard from him.
Ironically I was in Beijing when the Fan info came out. Of course I immediately quizzed all of my contacts in China about him. And again, I came up with nothing. Now, of course, that doesn't necessarily mean anything. My people are all Mainland China and mostly Trade Finance F/X people, but I do get tired of turning over stones only to find ghosts.
So last week I had a very brief layover in Taipei so I used my 1/2 hour in the business lounge to scan the English language Taipei newspaper, as well as the phone directory. Admittedly, it was an extremely rushed, limited search, but yet again, nothing.
So, King, really and truly I never SEE anything!
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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.”
------------------------------------------------- -------------------------------------------------=============================== =======? SEC Files Emergency Action to Stop Ongoing Microcap Stock Fraud FOR IMMEDIATE RELEASE 2006-50 Washington, D.C., April 6, 2006 - The Securities and Exchange Commission today filed an emergency enforcement action in federal court charging two New York men, Faisal Zafar and Sameer Thawani, with perpetrating an ongoing securities fraud over the Internet. The complaint alleges that since late 2004 and as recently as March 2006, Zafar and Thawani have engaged in a "pump and dump" scheme to manipulate the market for at least 24 thinly traded "microcap" or "smallcap" stocks. The defendants made over $873,000 by purchasing the stocks, anonymously disseminating false information about the companies on popular Internet message boards, and then selling the stocks at artificially inflated prices.
To deceive investors into buying these stocks, the defendants have preyed on public fears about terrorism and international health epidemics, among other topics. For example, after the London subway bombings and reports concerning a deadly "bird flu" virus, Zafar posted messages falsely stating that one issuer was receiving a contract from the Department of Homeland Security to improve security on New York City subways, and that another issuer was acquiring a company that produces "bird flu" vaccine.
Acting on the Commission's application for emergency relief, the United States District Court for the Eastern District of New York issued a temporary restraining order that, among other things, froze the defendants' assets and set a date for a hearing on the Commission's motion for entry of a preliminary injunction against further violations and other relief while the action is pending.
Mark K. Schonfeld, Director of the Commission's Northeast Regional Office, said, "Today's action underscores the Commission's continued vigilance against all forms of fraud involving the microcap market. Investors who participate in this segment of our capital markets are entitled to know that the securities laws will be vigorously enforced against all violators."
David Rosenfeld, Associate Regional Director of the Northeast Regional Office, added, "The defendants preyed on innocent investors by using the relative anonymity of the Internet to manipulate the market. We have acted today to stop a brazen fraud and hold the perpetrators responsible for the harm they caused investors."
The Commission's complaint further alleges as follows:
After buying shares at prevailing market prices, Zafar and Thawani used online aliases to post messages touting the stock and containing phony press release excerpts or other fake "news" about the issuer to deceive investors. In addition to capitalizing on actual events in the news, the phony headlines concocted by the defendants have also included false claims of huge business contracts, mergers and strategic alliances between these little-known issuers and an array of major corporations -- such as Google, Kmart and Sun Microsystems -- and other dramatic developments designed to make the targeted stocks appear to be surefire investment opportunities.
Zafar and Thawani are engaged in a classic Internet "pump and dump" manipulation scheme whose basic structure is as follows: (1) one or both of the defendants purchase shares of the issuer's stock in their online brokerage accounts; (2) the defendants register multiple online identities ("User IDs") with Internet message board services; (3) the defendants post multiple messages attributed to their User IDs on Internet message boards devoted either to the touted stock or to other, more widely followed stocks; (4) the messages contain materially false statements about the issuer and urge other investors to buy the stock; and (5) as soon as the stock price increases due to purchases spurred by the false statements, the defendants sell their shares at the inflated price for a quick profit. After their sales, the price of the stock quickly returns to its pre-manipulation level. These events sometimes all occur within the span of a single day.
The defendants have created at least 300 different User IDs and have used them to post well over one thousand messages fraudulently touting the stock of at least 24 small-cap issuers, some of them on multiple occasions. The defendants created these multiple online aliases in order to conceal their identities from investors and make it appear as if the same breaking "news" is coming from multiple independent sources. More recently, the defendants have also targeted specific investors by posing as moderators of Internet user groups devoted to low-priced stocks and sending emails to the group members while simultaneously posting false messages on different Internet message boards about the same stock under different user names. These emails purport to alert investors to imminent news about the stock and urge them to capitalize by buying the stock before the "news" is made public.
The complaint charges Zafar and Thawani with violations of the antifraud provisions of the federal securities laws. In addition to permanent and preliminary injunctive relief, the complaint seeks disgorgement of all illegal profits and the imposition of civil monetary penalties.
The Commission acknowledges the cooperation of the United States Attorney's Office for the Eastern District of New York and the Federal Bureau of Investigation in this matter.
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quote:Originally posted by Penny-Trader: hmmm i wonder if any of our posters are caught up in this one?
is there anyone one that we havent seen in a while? lol
i do have one question though, why is that message quoting my message? Dustoff can you please explain that?
Rod
----------------------------------------------- I knew I could count on you to try and Spin this..LOL
But, you forgot a little something...It was your POST! LMAO
Give it up dude, this whole situation surrounding this company stinks to high heaven..
Why are you so defensive??? You come outa the wood work when ever an outside poster shows up..
People know the score dude..You pumped the hell outa of this stock, and did so in a very interesting manner..Just what is your hidden agenda?
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quote:Originally posted by Penny-Trader: your an idiot, what have a did i spin, I asked why you quoted my message to post yours, it has nothing to do with the topic or my message.
I thought you where more adult then this.
what is your agenda? your post has no relevence to anything here.
Im not playing your "Its Sunday and im board, lets screw with the QBID thread game"
go play somewhere else. you'll be talking to yourself here.
Rod
------------------------------------------------ SOOOOOOO Very typical of your slimy tactics! People accross the internet watch your posts, with great interest..You have no idea how intensly you are scrutinized!
I am sure the FBI and SEC are very interested in this board as well...It's all in the Hardrives.
You are not alone in thinking the way you do... IMO, nothing has really changed with this stock, including PPS, except for the ownership. The so-called transparency we have received from Lloyd is re-freshing but again this is info many here have always suspected. Only those that were in denial during Frankie the Fraudster rein are now somewhat coming to grips with the reality – sort of.
Even though we have been told Frankie the Fraudster is gone, lots of questions remain. None of us know who this Lloyd Fan guy is and I for one continue to be very skeptical. I and many here have also tried to research Lloyd and his companies and we get nothing on him. It is interesting that you were not able to find out anything about him while on your trip to China.
IMO, we going through the same cycle with Lloyd as with Frankie the Fraudster. I recall just last fall how the pumpers on this board were going on and on about what a good business person Frankie was and how he was instrumental in starting Movie Channel and how he had lots of money and great vision, blah, blah, blah… Back then no one could produce a single article or business news that actually stated the Frankie the Fraudster created Movie Channel or anything concerning the TV industry/business. The only thing that could be found on Frankie were countless lawsuits. The same thing is now happening with Lloyd. NONE of us here know jack about this guy, yet he is being pumped (by many) as the QBID savior. Don’t get me wrong I hope…but at this point in time I am skeptical. The only dis-similarity between Frankie and Lloyd is that I have yet to date find any lawsuits against him (Lloyd). I am sure MANY here are aware to thousands of Chinese stock scams and investor “opportunities” occurring – I hope we are not caught up in this with Lloyd and his “investors.” On the other side of the coin, I have ask myself this question: Why did Carrol Hinnant stay on board? Does she know something we don’t? Or is she part of greater scam with Lloyd?
quote:Originally posted by BlackWidow: "bw, ever get to 'see' anything?"
Yes, as a matter of fact I did. I got to see my phone bill with all of the calls I made to Richard and Burbank.
As of the end of Feb. I spoke to Richard who was supposedly attempting to facilitate my "visit", which I kept insisting that I intended as more than a "visit". Then came the Fan change and I have never heard from Richard again. Not a peep!
So what strikes me as odd is that he did comment that he didn't mind speaking to me and returning my calls as I was always polite and professional. I have now left him messages asking him to return my calls simply on a courtesy basis even if he will not/cannot provide Q information. Nada. So not that I am all that in his book, but I do find it odd that other posters on this board claim to have heard from him.
Ironically I was in Beijing when the Fan info came out. Of course I immediately quizzed all of my contacts in China about him. And again, I came up with nothing. Now, of course, that doesn't necessarily mean anything. My people are all Mainland China and mostly Trade Finance F/X people, but I do get tired of turning over stones only to find ghosts.
So last week I had a very brief layover in Taipei so I used my 1/2 hour in the business lounge to scan the English language Taipei newspaper, as well as the phone directory. Admittedly, it was an extremely rushed, limited search, but yet again, nothing.
posted
Frankie the Fraudster stated last year that QBID was a dirty shell and Lloyd seems to re-iterate the same. My question to anyone and I am sure many here would like to know as well: How does a dirty shell get cleaned up? Through bankrupcty? This is probably a good quetion for Richard Brown, our QBID resideent expert on investor relatios. Should'nt he be able to give us an answers or at least a scenerio on how companies can cleap up a dirty shell? He does not return my emails.
quote:Originally posted by Peaser01: Is QBID.PK too dirty to be cleaned up?
i agree no one knows anything about the Mr Fan, but I dont really know who you are talking about that is touting him as the savior of the company.
all that is happening appears to be more then Frank has done but everyone is still very skeptical of the situation.
I hope that he is half the business man that you are stating everyone is touting him as. and what the prs stated him to be.
the actuality of this whole situation is that we are not any further ahead then we where with Frank at the helm. We dont know if this guy will raise Q out of the gutter, or run it further down the gutter.
he has made some moves that in my opinion are smart EG. closing the Palm Springs office and moving it all to the studio, appointing Carol Hinant to President, and showing us the financial of QTN. even telling us that there is a problem with the tmm books that are making it impossible to audit it. even though we kind of expected that, it was nice to see that he will tell us the negatives with the positives.
We are though no better off till they get the audit done on TMM and let us know the state of that.
We dont own Q television shares, we own Triangle Multimedia shares in which Q Television is part of.
Knowing the status of the QTN tells us nothing.
Once we get some transparency on TMM we will then have info that we can use to determine the viability of our shares.
Until this is done, we are no further ahead.
What really has me baffled is the fact that no one has been to the studio and done an interview with Fan, or talked to Fan, or even gotten a photo of the man leaving the studio.
I have phone calls into Richard, Carol and Fan with no replies from any of them.
it doesn't look good when a company will not communicate with the shareholders.
i have not wrote them off yet, as i have till the end of the year before i can take the tax right off any how, so until then im willing to let them do what they have to do, and hopefully they plan on revitalising this company. if they do then that is great, if they dont no big deal.
I originally invested with the target of the Gay Games as being a possible exit point, so if that doesn't work, then i will take the right off at the end of they year. I also only invested what i could afford to loose, and have always and will always stick too this rule.
this is the only Penny that i am presently invested in and will be the last one i ever invest in. This company has been a real learning experience in the fact that the SEC is not there to protect the investors. at least not in the pinks.
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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