posted
maybe Fan is actually a liquidator. he is disecting the company and selling off the assets to cover his expenses and screw the rest of us.
he is now no longer replying to my messages.
he was responding before but not now.
i dont buy the conversation that was copied over from IHUB the other day.
As many here have mentioned. Fan is no better then Frank was when it comes to answering e-mail of phone messages.
sad but true.
makes you wonder how much longer before it just fades away in the background.
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
[QUOTE]Originally posted by aj4400: [QB] Interesting post - not sure its believable but good reading and maybe wishful thinking.
By KatrinaKiller on RB: Just got off the phone with Mr.Fan and he said that he will most likely out source the Gay Games through ESPN or another network who does sports shows. Q still retains all rights to the Broadcast rights. I asked Mr. Fan about the Planet out story and he said it was false and no one had talked with him about it. Q will make money from out sourcing the games to the larger Network and in rreturn get to show the gay games on Q and the other network (ESPN ECT...) along with commercial premiums = $$$$$ he said without Q having to pay one cent.
The Gay Games will make Q alot of operation revenue and if it means Q sits Quite until the Gays Games then that is what it will take.
quote:Originally posted by JimS: Another nail in the coffin?
We are pleased to announce that Logo, MTV Network's one-year-old cable television channel for the lesbian, gay, bisexual and transgender (LGBT) audience, has become a Premium Global Sponsor of the 2006 Chicago Gay Games. Logo's sponsorship will include advertising, production, special event and online promotions, and support of the Gay Games by Logo talent.
"In just one short year, Logo has become one of the most recognizable brands within the gay and lesbian community," said Brenda Schumacher, Gay Games Director of Broadcast. "We are thrilled to partner with Logo to tell the powerful stories of our community through the lens of sports, culture, celebration and the legacy of the Gay Games conveying our message of Inclusion, Participation and Personal Best™." Schumacher and Gay Games Vice Co-Chair Tracy Baim negotiated the relationship with Logo.
"Logo works to connect with our audience in an authentic way and the real stories of athletic achievement are among the most powerful of all," said Lisa Sherman, Senior Vice President and General Manager of Logo. "The Gay Games has played a critical role in the LGBT community's history since it was founded in 1982. For Logo, the remarkable stories of the participating athletes, artists and their fans, families and friends make the Gay Games an important part of our 2006 programming."
Promotional spots about the 2006 Gay Games and Logo’s involvement as a sponsor and partner will begin running this month on Logo, at LOGOonline.com and our website.
quote:Originally posted by noah129: and the drama goes on. this qbidiot still holding a boatload of shares. good luck to us all. and God willing this will turn out good for us .i was hoping on by now living on easy street eating cheesecake and gambling away my fortunes hehehe.
40 million long and strong until death do us part.
Hey Noah,
Remember me? Yeah I still have this stock. If you are this loyal in everything you do, maybe we can work on some business together sometime in the future. One way or another you'll make money with your focus.
Posts: 809 | From: NYC | Registered: Feb 2005
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quote:Originally posted by JimS: Another nail in the coffin?
We are pleased to announce that Logo, MTV Network's one-year-old cable television channel for the lesbian, gay, bisexual and transgender (LGBT) audience, has become a Premium Global Sponsor of the 2006 Chicago Gay Games. Logo's sponsorship will include advertising, production, special event and online promotions, and support of the Gay Games by Logo talent.
"In just one short year, Logo has become one of the most recognizable brands within the gay and lesbian community," said Brenda Schumacher, Gay Games Director of Broadcast. "We are thrilled to partner with Logo to tell the powerful stories of our community through the lens of sports, culture, celebration and the legacy of the Gay Games conveying our message of Inclusion, Participation and Personal Best™." Schumacher and Gay Games Vice Co-Chair Tracy Baim negotiated the relationship with Logo.
"Logo works to connect with our audience in an authentic way and the real stories of athletic achievement are among the most powerful of all," said Lisa Sherman, Senior Vice President and General Manager of Logo. "The Gay Games has played a critical role in the LGBT community's history since it was founded in 1982. For Logo, the remarkable stories of the participating athletes, artists and their fans, families and friends make the Gay Games an important part of our 2006 programming."
Promotional spots about the 2006 Gay Games and Logo’s involvement as a sponsor and partner will begin running this month on Logo, at LOGOonline.com and our website.
Qtv had to be successfully broadcasting in x amount of markets by x date in order to be granted the rights.
the x numbers are back in the archives somewhere...
~BB
quote:Originally posted by suzainiee: [QUOTE]Originally posted by aj4400: [QB] Interesting post - not sure its believable but good reading and maybe wishful thinking.
By KatrinaKiller on RB: Just got off the phone with Mr.Fan and he said that he will most likely out source the Gay Games through ESPN or another network who does sports shows. Q still retains all rights to the Broadcast rights. I asked Mr. Fan about the Planet out story and he said it was false and no one had talked with him about it. Q will make money from out sourcing the games to the larger Network and in rreturn get to show the gay games on Q and the other network (ESPN ECT...) along with commercial premiums = $$$$$ he said without Q having to pay one cent.
The Gay Games will make Q alot of operation revenue and if it means Q sits Quite until the Gays Games then that is what it will take.
posted
Well, it looks like this is the end of the road for us. I've lost approximately $2,500 on this stock and I was pretty disgruntled about my misfortune at first, but I especially feel sorry for people like Jennifer now. Didn't she have a quarter of a million dollars invested in QBID? Well, hopefully justice will be served and the shareholders will prevail. Best of luck to everyone in your future endeavors. It has been a pleasure corresponding with each and every one of you.
Posts: 798 | From: New Jersey | Registered: Jan 2005
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posted
how much did everyone lose in this disaster? I lost $5,500. I wish I was part of the mafia!!!
Posts: 806 | From: CT | Registered: Dec 2005
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posted
$8,786.46 ouch! And I was proud that I had my dollar cost average down to .0012/sh. LOL "This to shall pass".
Posts: 118 | From: Tampa & Ft Myers, Fl | Registered: Jun 2005
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UBI Number 601 047 757 Category Regular Corporation Profit/Nonprofit Profit Active/Inactive Active State of Incorporation WA Date of Incorporation 05/08/1951 License Expiration Date 05/31/2006
Corporations Division - Registration Data Search
Q TELEVISION NETWORK, INC.
UBI Number 602 391 767 Category Regular Corporation Profit/Nonprofit Profit Active/Inactive Active State of Incorporation WA Date of Incorporation 05/03/2004 License Expiration Date 05/31/2006
-------------------- Sometimes the poorest man leaves his children the richest inheritance. Posts: 804 | From: Woodbridge, Va | Registered: Aug 2005
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posted
I've lost about $4500. From what I'm reading on this board; you all truly think it's the end of the line for "QBID"?? Or just the end of the line for the shareholders? Too Bad? Best of luck to everyone!
Posts: 106 | From: Clearwater, Fl USA | Registered: Sep 2003
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quote:Originally posted by Fullerton-Titan: lost 36,545.00 It looks I'm the winner thus far!!!
WOW.. that is a lots. I feel for you. I lost twice that much in Global Crossing a few years back. Now I lost about 16K in QBID. Right now I am getting this lost back in ELN gains(which I have lost twice so far).
I guess my wife is right... I just wasn't meant to have money!
Posts: 265 | From: Jacksonville, fl | Registered: Dec 2005
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Q Television in trouble; LOGO steps up for Gay Games
Just two months away from a commitment to broadcast Gay Games VII from Chicago, Q Television Network abruptly laid off all of its employees this month.
The for-profit gay cable and Internet broadcast company, delivered through several major cable outlets in San Francisco, Boston, New York and other markets, had in December promised to pay Gay Games organizers $1.7 million in cash and provide $1.5 million in “advertising and programming benefits” for the exclusive right to broadcast Gay Games events. The company also agreed to unscramble its signal during the Games to make the broadcasts widely available in more than 150 markets worldwide.
Kevin Boyer, co-vice-president of Gay Games Chicago, issued a statement in response to questions from this paper to several Games officials last week. He said the Games had “dissolved” the contract it signed with Q Television Network after “discussions” with the company “earlier this year.”
Although the Games organizers remain “open to some degree of QTN involvement with broadcasting,” said Boyer, they have talked with “additional potential partners in television, radio and online streaming media.”
And, this week, the Games announced that Logo, another for-profit cable television channel for LGBT audiences, has chipped in “somewhere in the range of $1 million,” said Boyer, to be listed as a Premium Global Sponsor of the event.
The Gay Games takes place July 15-22 in Chicago. While the event boasts an unprecedented number of sponsors this year, says Boyer, only five are contributing cash and in-kind services in the million-dollar range. In addition to Logo (an affiliate of MTV), and Q Television Network, they include PlanetOut, Walgreen’s drugstores, and Lexiva (a product of GlaxoWellcome).
Q TV is scrambling
Lloyd Fan, who took over as head of the beleaguered Q Television Network on March 7, said last week the company is “still trying to restructure” and that he hopes to “move forward” with Gay Games coverage. He also estimated that Q Television Network had already paid Gay Games about $1 million of its commitment.
Fan said Q Television Network had lay off its employees this month because it “ran out of money.” He said he had not been able to “arrange proper finance” of the company because the company had “not been able to provide proper audit and finance statements” to investors.
Q Television Network (not to be confused with the San Francisco cable program QTV News Magazine) was founded in Palm Springs, California, in April 2004 and billed itself as “by and for the gay community.” According to an Associated Press report in April 2005, its founder, Frank Olsen, was a former gay bar owner in Seattle and served as chairman and CEO of both the network and its parent company, Triangle Multi-Media of Seattle.
While the network showed signs of growth –entering more markets through such media giants as Time Warner, Cox, RCN, and Verizon, buying a production studio in Burbank for $25 million, signing a contract with performer Sandra Bernhard, and employing an estimated 100 employees— it also showed signs of trouble and, in February of this year, laid off all its employees. It eventually hired some of them back and on February 27, Triangle issued a press release saying Olsen was appointing entrepreneur Lloyd Fan as “interim president” of Q Television Network. A week later, the company issued another press release saying that, under “a new agreement,” Fan would immediately assume Olsen’s roles as Chairman and CEO of Triangle Multi-Media Limited and Q Television Network.
Although Olsen wasn’t mentioned by name, the March 7 press release also indicated that “all Triangle Multi-Media Limited and QTN officers and board of directors have resigned their positions and have relinquished all responsibilities and affiliations.”
Fan immediately closed down the network’s Palm Springs offices, consolidating its operation at its studio in Burbank. He also sent a letter to shareholders saying the company was “positioned to prosper in the GLBT marketplace.”
Then, in an e-mail dated May 3 and addressed to more than 40 people working on the network, Fan said the company had simply run out of money and options.
“It is with deep regret, I must terminate your employment effective today due to the network’s inability to pay salaries,” wrote Fan in the e-mail. “As you know, since I have taken control of the company on March 7, 2006, I have worked tirelessly to secure funding for the company. All negotiations with potential sources have ended and there are no longer any options on the table.” Boyer of Gay Games VII said the event’s contract with Q Television was “structured in advance to ensure that any subsequent difficulties experienced by Q Television would not have a significant negative impact upon the financial strength of the 2006 Gay Games.”
-------------------- Sometimes the poorest man leaves his children the richest inheritance. Posts: 804 | From: Woodbridge, Va | Registered: Aug 2005
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posted
Anyone know how you can write off this stock as a loss when you can't even sell the shares with a market order??? How can you write off a loss on a stock you are still holding??
-------------------- I just want to make enough money to be eccentric. Posts: 2412 | From: Atlanta | Registered: Aug 2005
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posted
I believe you can declare it worthless if it's still impossible to sell it on December 31.
quote:Originally posted by HossTrader: Anyone know how you can write off this stock as a loss when you can't even sell the shares with a market order??? How can you write off a loss on a stock you are still holding??
-------------------- "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety."
- Benjamin Franklin Posts: 3898 | Registered: Dec 2005
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imakmony2005
unregistered
posted
HossTrader Member
Member Rated: posted May 18, 2006 04:06 PM -------------------------------------------------------------------------------- Anyone know how you can write off this stock as a loss when you can't even sell the shares with a market order??? How can you write off a loss on a stock you are still holding??
-------------------- I just want to make enough money to be eccentric.---------------------------------------------------------------------- -------------------------------------------------------------------------------- --- Hoss, just mail the cert to the IRS, Tell them to hold that baby tell the SEC does its job, then they can send you back the extra profit.lol
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quote:Originally posted by Repoman75: Can we lock this thread? This is worse than seeing people who survived a tornado sit around and talk about how their house is in ruins.
-------------------- 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 HossTrader: Anyone know how you can write off this stock as a loss when you can't even sell the shares with a market order??? How can you write off a loss on a stock you are still holding??
Just call you broker, they will sell it for you. Of course you may have to pay them for the trade. I know that my broker in the past gave me a free ride on several worthless companies.
Posts: 265 | From: Jacksonville, fl | Registered: Dec 2005
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posted
howdy all it certainly looks like this is the end of the road but and i say but very cautiously as to not sound and act over op-ish (obnoxiously positive) i will not try and sell my shares. i beleive that we have about a 1 in a million chance of this ever going up but i will hang onto my shares until they reverse split them away or go bankrupt officially. i wish all of you the best of luck and good health as well.
sincerely your qbidiot.
oh and by way if we are counting how much we put in i put in 35k+ but i dont consider it a loss just yet hehehehe a guy can dream it is still legal.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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posted
Hmmmm.. I will buy 5 million on monday ....I know the company is busted , has deep financial problems and is in need of help .....But I think a gay network could do well with a boost ....which might come from known gay celebs and sucessfull gay business owners ...their not out of business ..just broke ........I will take the chance .......I smell hope here !
Posts: 365 | From: redlands | Registered: Mar 2006
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