posted
Well, all the tickers seem to be broken after the announcement today. I think yahoo reset around 5 billion. Anybody have any numbers, total volume, L2s?
quote:Triangle Multi-Media Limited and Q Television Network Enter Into Agreement to Name New Chairman and CEO
E-mail | Print | | Disable live quotes Last Update: 11:30 AM ET Mar 7, 2006
Mar 07, 2006 /PRNewswire-FirstCall via COMTEX/ -- Triangle Multi-Media Limited (QBID : triangle multi-media ltd inc com News , chart, profile, more Last: 0.00+0.000.00%
11:17am 03/07/2006 Add to portfolio Analyst Create alertInsider Discuss Financials Sponsored by: QBID0.00, +0.00, 0.0%) and Q Television Network [QTN] have announced today that they have entered into a new agreement with Mr. Lloyd Fan. Effective immediately, Lloyd Fan will assume the role of Chairman and CEO of Triangle Multi-Media Limited and Q Television Network. Mr. Fan succeeds QTN founder Frank Olsen. The move is the culmination of Fan's investment interests and the companies' evolving directions. Effective today, all Triangle Multi-Media Limited and QTN officers and board of directors have resigned their positions and have relinquished all responsibilities and affiliations. Details of the new management infrastructure, with an emphasis on both television and finance industry, will be forthcoming. The current and moving forward financial obligations of Triangle Multi-Media Limited and QTN are also being vigorously reviewed, and a fresh approach to resolving these situations will be announced in the coming weeks. "The QTN business model presents a multitude of possibilities, and I look forward to taking outgoing Chairman Frank Olsen's vision to the next level," said Mr. Fan. "I am committed to building an exceptionally strong, experienced management team, fortifying QTN's business partnerships and strengthening the network's commitment to providing high quality, engaging television programming focused on the GLBT community." Lloyd Fan brings many years of achievement in corporate finance, strategic growth initiatives, OEM manufacturing, international trade and product direct-distribution through his Best Prop Holding Group -- which owns Pat Prod Productions and Patented Product Industries. With a proud and proven track record, Mr. Fan is highly respected in the financial, manufacturing and service sector throughout Asia. About Q Television Network: 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. Contacts:
QTN Media Relations Jim Strzalkowski & Kristien Brada-Thompson Priority Public Relations (818) 338-3555 jim*prioritypr.net / kristien*prioritypr.net
posted
Triangle Multi-Media Limited and Q Television Network Enter Into Agreement to Name New Chairman and CEO Tuesday March 7, 11:29 am ET
BURBANK, Calif., March 7 /PRNewswire-FirstCall/ -- Triangle Multi-Media Limited (OTC: QBID - News) and Q Television Network [QTN] have announced today that they have entered into a new agreement with Mr. Lloyd Fan. Effective immediately, Lloyd Fan will assume the role of Chairman and CEO of Triangle Multi-Media Limited and Q Television Network. Mr. Fan succeeds QTN founder Frank Olsen. The move is the culmination of Fan's investment interests and the companies' evolving directions. ADVERTISEMENT
Effective today, all Triangle Multi-Media Limited and QTN officers and board of directors have resigned their positions and have relinquished all responsibilities and affiliations. Details of the new management infrastructure, with an emphasis on both television and finance industry, will be forthcoming.
The current and moving forward financial obligations of Triangle Multi-Media Limited and QTN are also being vigorously reviewed, and a fresh approach to resolving these situations will be announced in the coming weeks.
"The QTN business model presents a multitude of possibilities, and I look forward to taking outgoing Chairman Frank Olsen's vision to the next level," said Mr. Fan. "I am committed to building an exceptionally strong, experienced management team, fortifying QTN's business partnerships and strengthening the network's commitment to providing high quality, engaging television programming focused on the GLBT community."
Lloyd Fan brings many years of achievement in corporate finance, strategic growth initiatives, OEM manufacturing, international trade and product direct-distribution through his Best Prop Holding Group -- which owns Pat Prod Productions and Patented Product Industries. With a proud and proven track record, Mr. Fan is highly respected in the financial, manufacturing and service sector throughout Asia.
About Q Television Network:
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.
Contacts:
QTN Media Relations Jim Strzalkowski & Kristien Brada-Thompson Priority Public Relations (818) 338-3555 jim*prioritypr.net / kristien*prioritypr.net
QTN Investor Relations Richard Brown Equity Relations, Inc (617) 314-7379 Staff*EquityRelations.com
-------------------------------------------------------------------------------- Source: Triangle Multi-Media Limited; Q Television Network
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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there is not any info out there about this "Best Prop Holding" Group other then in mention of it in Q television prs in any of the search engines i use
-------------------- 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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imakmony2005
unregistered
posted
NEW THREAD GO FAN ARE WE CLUB YOU.
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now i dont know how many times they have reset the counter.
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. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
I'm somewhat concerned myself, although there are a lot of private hedge funds and the like, plenty of different ways to compile money, and this could just be a new name they're using for this specific purchase.
Posts: 369 | Registered: Dec 2005
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quote:Originally posted by imakmony2005: NEW THREAD GO FAN ARE WE CLUB YOU.
-------------------- 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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maybe he will retire enough to get us back on track.
i doubt it though.
we will see.
he is a business man, and we will see just how good he is in the near future.
he bought himself a real mess, and i hope he has the vision to clean it up and make us proffitable.
we shall soon see.
he may have just bought a dirty shell and wants to dilute another couple hudred billion and take us beyond the CMKX record.
i hope that is not the case.
lol
man do i have mixed feelings today.
i know we will be seeing a R/S any time now, the question is, can we survive this and make money or is this all for nothing.
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. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
I also haven't been able to find anything on the companies it says he owns. I imagine they are also fairly new and meant to take over the production responsibilities from the current Q team. In name, at least.
Posts: 369 | Registered: Dec 2005
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posted
Good to see Frank gone, this is definately a breath of fresh air for the market and definately needed. Anybody who thought Frank Olsen was a good CEO , lol, oh well, i wont get into a big fight. LMAO
yes there could be underlying issues that nobody knows about that could be negative regarding this news, (RS, preferred shares, etc.) but all in all, needed to be done IMO.
Still keepin a close eye to see if it can follow suit with the rest of the POS subbies in this hot sector of the market.
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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posted
The PR came from Frank's watch and you guys are questioning if it is honest and informative?
I would say all PRs backwards from today are questionable and are almost best left there... I am not holding my breathe but I am going to give Fan a chance to try this with a clean slate at least from my perspective. It cant get any worse.
Reverse split or not, a value 0 is still not divisible by 0 regardless of who is in charge... so I am still hoping there is a rabbit in this hat somewhere!
Posts: 482 | From: Arizona | Registered: Mar 2005
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posted
here is a letter that i have sent to mr Lloyd Fan
hopefully he will answer
Hello Mr. Fan.
Welcome to Q television network, and Triangle Multimedia.
I have been a long time share holder in this company.
I would like to ask if you will be looking after the shareholders in this company. Our previous CEO has promised us that we will not be disappointed in holding this stock in the long term. He promised us there would be no reverse splits of the stock.
Can I ask you this? Will we be happy if we continue to hold this stock? Do you intend to continue on with Frank Olsen's promise of no reverse split and will you bring us some transparency to this company?
As you may well know, there is a large base of stock holders that have held out on this company and backed them, even after loosing over 90% of there invested value.
I am writing you to please consider this when you are making the very hard decisions that you are about to embark upon.
I wish you all the continued success with this new venture you have taken on. Please keep the stock holders informed with accurate information as we have been here through the worst of times. We have been feed allot of bad and misleading information from the previous directors of this company. We as stock holders are invested in this company as we want to see it succeed. We all had a vision and a hope for this company and we are still clinging to the possibilities that this company can have under the proper guidance.
I have seen your appointment as the new CEO of this company as a glimmer of hope that we will once again have a chance at seeing our vision and hopes for this company flourish.
Thank You for taking the time to read this letter, and I look forward to hearing from you in the near future.
Rodney Hurlbert
-------------------- 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
i will let you know. however i dont expect that mr Fan is going to have a lot of free time on his hands. he has a lot of damage control to handle right now, and answering a shareholder letter is probably not high on his priority list.
i dont even know if he will get it as i dont know what the emaill address that otheres that got a responce from him sent it to.
i sent it to lfan*qtelevision.com l.fan*qtelevision.com ceo*qtelevision.com and info*qtelevision.com.
if anyone else knows his other email address, could you send it to me?
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. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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hopefully one of them will forward this letter to mr fan
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. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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but as i say he has a big job ahead of him and answering a share holder is more then likely very low on his priority list.
i will not be completely offended if he doesnt.
but will be greatly thrilled if he does
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. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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quote:Originally posted by sneither: Good Letter ((((Rod))) Should I be nervous? I smell a r/s coming?
I agree; that was a good letter Rod. Hopefully Mr. Fan will consider the longs as you have asked him to.
I also think we have a 95% chance of a R/S in the near future as the previous PRs saying there would not be a R/S said that it would not happen while the present management was in place—and as we all know, we have a completely new management team now.
GLTA
-------------------- Sam Posts: 291 | From: San Diego, CA | Registered: Sep 2005
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posted
howdy all. i was just reading the last few pages of the old thread and this new one we have, before i decided what to do on the ? of buying more qbid shares. i know we needed to get rid of franky that is for sure and it is good that he is leaving this scene but i am deeply dissapointed in the fact that he wasnt able to pull this off. now my greatest fear is a huge reverse split to the tune of 25,000 or more for one share. nothing has been said or done yet so i am not trying to spark panic in anyone but it really bothers me that now that we do have new management a reverse split is in my humble opinion very likely.
like i have said in the past im in this till we are up big or till bust so i am not selling any of my shares but i was going to buy another ten mil today and have decided it was unwise to until we see how this pans out. best of luck to you all it certainly has been a fun and exciting ride and who knows maybe one day we will be rewarded for our efforts and patience.
now in regards to frank if any of you are having feelings of i am gonna get him. please try to use the philosophy of the universe is fair and just and in time he will suffer his fair amount for the pain he has cuased so many with his lies and deceitfulness. i can thankfully say that im glad im not walking in his shoes he doesnt look like a healthy man physically or emotionally. his dream may actually get pulled off by this mr. fan time will tell but for franky i wish him well as i know he has lots of pain and suffering ahead of him due to his actions.
ok sorry for the long post i just needed to get some words out of me as i am truly very very dissapointed at how this has been panning out.
posted
Yea, that's a good idea...lets go ahead and start pestering the new CEO with emails and certified letters, phone calls, visits etc.. lol.
Posts: 1124 | From: DC/VA | Registered: Jul 2005
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posted
hey redgurl19 can i ask why? im not at all bashing im just curious as to what made you think today was a good day to buy. maybe ill buy more too but i would really appreciate your opinions as to why qbid is a good buy right now.
are you in this for the long haul or are you trying to double up some cash by getting lucky and selling at .0002?
tia for your input.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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posted
don't post much. don't post opinions much. don't go ot much. don't protect this company, stock, or frank olsen from the facts.
i do post relevent research. with links. you never have to take my word on it--or the company's...or frank's. you can read the information and draw your own conclusions. as thinking, reasoning adults.
Access TradeOne.com was involved with the development of its 24 hour financial network, which will broadcast global financial news both on television and over the company's Internet global trading system.
Pittera is president of Access TradeOne.com Pittera is counsel to ValCom, Inc.
delete me if you want, i'm just passing on the information. you don't want it here, that's up to you.
Posts: 702 | From: usa | Registered: Apr 2004
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quote:Originally posted by King Crimson: don't post much. don't post opinions much. don't go ot much. don't protect this company, stock, or frank olsen from the facts.
i do post relevent research. with links. you never have to take my word on it--or the company's...or frank's. you can read the information and draw your own conclusions. as thinking, reasoning adults.
Access TradeOne.com was involved with the development of its 24 hour financial network, which will broadcast global financial news both on television and over the company's Internet global trading system.
Pittera is president of Access TradeOne.com Pittera is counsel to ValCom, Inc.
delete me if you want, i'm just passing on the information. you don't want it here, that's up to you.
so KC...give me a scenario or 2 on the link of the players involved in these companies.
give me something to digest...if you want you can pm the info or email
-------------------- Sometimes the poorest man leaves his children the richest inheritance. Posts: 804 | From: Woodbridge, Va | Registered: Aug 2005
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posted
no this is good info King im sure they will leave it here.
have you tied in any connection to Fan?
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. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
| IP: Logged |
posted
Q Television Network Appoints Lloyd Fan to Role of Interim President
February 27, 2006 15:28:04 (ET)
Feb 27, 2006 /PRNewswire-FirstCall via COMTEX/ -- Effective immediately, Frank Olsen, CEO and President of Triangle Multi-Media Limited, Inc. (QBID, Trade) has proudly appointed Mr. Lloyd Fan as Interim president of Q Television Network.
Lloyd Fan and his partners bring many years of achievement in corporate finance, strategic growth initiatives, OEM manufacturing, international trade and product direct-distribution. Through Best Prop Holding Group -- which owns Pat Prod Productions and Patented Product Industries -- his successes include renowned companies like Sharper Image, Brookstone, Restoration Hardware, IKEA, Targets Stores, Wal-Mart, JC Penny, Coleman, LL Bean, QVC and many more. Coming from a manufacturing and engineering background, Mr. Fan has played a major role in commercializing some 200 patents worldwide. With a proud and proven track record, Mr. Fan is highly respected in the financial, manufacturing and service sector throughout Asia.
With a long-standing interest in finding an entertainment and distribution platform partner with a strong brand and loyalty within the GLBT community, Mr. Fan and his group considered QTN's success in connecting to this market. QTN's growing distribution model and direct connection to its customer base complements both entities' plans to expand the network's offerings to include additional entertainment services and consumer products targeted to the GLBT community in the U.S. and worldwide.
"This is truly an exciting development," said Mr. Fan. "My partners and I understand the vision and the commitment Frank Olsen has made to the GLBT community with the launch of QTN, and we are pleased to join forces with QTN in ensuring its continued success".
Olsen, who remains Chairman and CEO of both Triangle Multi-Media Limited, Inc. and Q Television Network stated, "Mr. Fan and his partners' commitment of resources to QTN is a much needed investment in all phases of the network as we work to proudly give voice to the gay community. Mr. Fan's appointment as Interim President of QTN further solidifies the network's ability to enhance its daily operations, programming, strategic growth and financial stability. I am very proud of the accomplishments QTN has made throughout the years in our struggle to bring a gay television network to market. Many people have played significant roles and have taken many risks. With the infusion of dynamic resources brought to QTN by Mr. Fan, the network's continued success seems assured."
About Q Television Network:
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.
Contacts: QTN Media Relations Kristien Brada-Thompson Jim Strzalkowski Priority Public Relations Priority Public Relations (818) 338-3555 x224 (818) 338-3555 x222 kristien*prioritypr.net jim*prioritypr.net QTN Investor Relations Richard Brown Equity Relations, Inc (617) 314-7379 Staff*EquityRelations.com SOURCE Q Television Network
Media Relations, Kristien Brada-Thompson, ext. 224, kristien*prioritypr.net, or Jim Strzalkowski, ext. 222, jim*prioritypr.net, both of Priority Public Relations, +1-818-338-3555, for Q Television Network; or Investor Relations, Richard Brown of Equity Relations, Inc, +1-617-314-7379, Staff*EquityRelations.com, for Q Television Network
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