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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » QBID- 10,000 TO 1 REVERSE SPLIT (Page 6)

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Author Topic: QBID- 10,000 TO 1 REVERSE SPLIT
Doctoall
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quote:
Originally posted by Doctoall:
Richard Brown: Richard has indicated that he has been paid with QBID shares. Was he paid with common or preferred ? Not a word from IR or Q regarding their filing for a R/S. But then again did we expect any word from Carol Hinnant or the elusive Mr. Fan.

Well I got my own reply from Richard regarding the status of his shares. He indicated that his shares are "common" only. [Big Grin]

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Brahma
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Damn, that means Dick is a commoner just like us. I’m glad that Brown, Richard decided to share with you Doc.

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Life's to short, live it like it's the only one you have...it is silly!

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Brahma
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Just think of all those employees that were paid in stock options, now to find they have nothing to show for it and for not getting paid in the last few months

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Life's to short, live it like it's the only one you have...it is silly!

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Gordon Bennett
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That $440 might start to look good to you soon.

quote:
Originally posted by Rich735:
LOL GB!!
If I sold my 22mil which cost $14k at .00002 I would have $440!!

So see,I have to hold!!



--------------------
"Those who would give up Essential Liberty to purchase a
little Temporary Safety, deserve neither Liberty nor Safety."

- Benjamin Franklin

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JimS
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Just suppose for a minute that Mr. Fan is a savvy businessman and that Frank fooled him with the books. And carry this fantasy a bit further and suppose that Mr. Fan is trying to get this company back on track. Hence a reverse split to get the A/S to a reasonable level. After the r/s (if it will be 10,000/1) each share is worth $1.00. If some of the other things about this company are still good (reason I bought into it initially in 2004 and continued to invest - e.g. gay games, carriers, hopes and dreams) then wouldn’t $1.00/shr be a lot more attractive to investors than $0.0001/shr. If the A/S is 350 bil shares (someone mentioned an increase although I haven’t seen that) after the split we will have 35,000,000 shares authorized – again more attractive to investors. From what I can see Mr. Fan has not lied to shareholders and he has attempted to do what he said he would do. If my observations and math are correct then I still have hope. I am a small investor in this company (12,000,000 shares worth $1,200.00 and soon to be 1,200 shares worth $1,200.00), not a pumper, no ties to the company or anyone in it---but still an optimist. Just my thoughts and certainly not an enticement to suggest anyone buy or sell. Good luck to all!
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SuperSniper00
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It wont trade at $1. It will trade at .01

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*I'm not a financial expert or advisor, everything stated is my opinion*

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BlindMellonChitlin
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IF it opens at .01 after the R/S...it'll be .001 within ten minutes.......

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Making it a little at a time....Now is the time to determine if you are a man or a mouse.

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imakmony2005
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Been thinking the samething JimS.
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imakmony2005
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*im cring on the inside*
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hagatha
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from what I understand his attempt was to up the a/s to 570B, then r/s to make it 57M, but because this company is so f*d up, their numbers didn't add up and the request was rejected by the WaSoS

quote:
Originally posted by JimS:
Just suppose for a minute that Mr. Fan is a savvy businessman and that Frank fooled him with the books. And carry this fantasy a bit further and suppose that Mr. Fan is trying to get this company back on track. Hence a reverse split to get the A/S to a reasonable level. After the r/s (if it will be 10,000/1) each share is worth $1.00. If some of the other things about this company are still good (reason I bought into it initially in 2004 and continued to invest - e.g. gay games, carriers, hopes and dreams) then wouldn’t $1.00/shr be a lot more attractive to investors than $0.0001/shr. If the A/S is 350 bil shares (someone mentioned an increase although I haven’t seen that) after the split we will have 35,000,000 shares authorized – again more attractive to investors. From what I can see Mr. Fan has not lied to shareholders and he has attempted to do what he said he would do. If my observations and math are correct then I still have hope. I am a small investor in this company (12,000,000 shares worth $1,200.00 and soon to be 1,200 shares worth $1,200.00), not a pumper, no ties to the company or anyone in it---but still an optimist. Just my thoughts and certainly not an enticement to suggest anyone buy or sell. Good luck to all!


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milliam
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Why would he bump the A/S now??? I'm not understanding this company, but I guess nothing really makes sense!

Milliam

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Leo
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quote:
Originally posted by JimS:
Just suppose for a minute that Mr. Fan is a savvy businessman and that Frank fooled him with the books. And carry this fantasy a bit further and suppose that Mr. Fan is trying to get this company back on track. Hence a reverse split to get the A/S to a reasonable level. After the r/s (if it will be 10,000/1) each share is worth $1.00. If some of the other things about this company are still good (reason I bought into it initially in 2004 and continued to invest - e.g. gay games, carriers, hopes and dreams) then wouldn’t $1.00/shr be a lot more attractive to investors than $0.0001/shr. If the A/S is 350 bil shares (someone mentioned an increase although I haven’t seen that) after the split we will have 35,000,000 shares authorized – again more attractive to investors. From what I can see Mr. Fan has not lied to shareholders and he has attempted to do what he said he would do. If my observations and math are correct then I still have hope. I am a small investor in this company (12,000,000 shares worth $1,200.00 and soon to be 1,200 shares worth $1,200.00), not a pumper, no ties to the company or anyone in it---but still an optimist. Just my thoughts and certainly not an enticement to suggest anyone buy or sell. Good luck to all!

"A savvy business man who got taken by Frank..." That makes absolutely zero sense, lol.

Seriously, if this thing opens at a dollar after a 10000/1 split it's gonna drop like a rock in hot water. The question? How low will it go before it stops long enough for people to trade shares? Some have guessed .01.

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moosehead9nc
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well, today was the day, i sold all my qbid, i probably shouldn't have but, oh well, i had to put a market order in, my sale went through at .00001 for 6 mil shares netting me 60 bucks, minus trade fees, 50, which is alright, its been a pleasure hoping qbid was gonna run.... take care, onto oil now
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Hiker
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While watching Boilerroom the other night all I could think about was QBID...
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letitrideboy
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for 50 bucks I probably would have just kept it in QBID so every time i looked at my acount I would remember My lesson

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

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moosehead9nc
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lol, yea, but i was tired of seeing it there heh, ive held onto it since jan 05
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Dew-it
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That is wishful thinking - I am not saying you are wrong or right, but your theory only holds water if you bought 12M shares at .0001, MAYBE and that is a stretch. Most here are so-called LONGS and have bought in as high as .005 or .01 (some lower, some higher). Based on your theory, and a 1:10,000 R/S, if someones average was say .005, this stock would have to go up $50 for that investor to break even. And for the sakes of arguement...IF this hit a $1 with R/S - will it hold? most pinkies that R/S do not maintain initial R/S PPS -and lose about 70-80% of their value within 1 or two months. So IMO R/S is not a good thing. Now if Lloyd had purchased most of the O/S and retired, say 349B shares - that would have been a different story - and wishful thinking.

quote:
Originally posted by JimS:
Just suppose for a minute that Mr. Fan is a savvy businessman and that Frank fooled him with the books. And carry this fantasy a bit further and suppose that Mr. Fan is trying to get this company back on track. Hence a reverse split to get the A/S to a reasonable level. After the r/s (if it will be 10,000/1) each share is worth $1.00. If some of the other things about this company are still good (reason I bought into it initially in 2004 and continued to invest - e.g. gay games, carriers, hopes and dreams) then wouldn’t $1.00/shr be a lot more attractive to investors than $0.0001/shr. If the A/S is 350 bil shares (someone mentioned an increase although I haven’t seen that) after the split we will have 35,000,000 shares authorized – again more attractive to investors. From what I can see Mr. Fan has not lied to shareholders and he has attempted to do what he said he would do. If my observations and math are correct then I still have hope. I am a small investor in this company (12,000,000 shares worth $1,200.00 and soon to be 1,200 shares worth $1,200.00), not a pumper, no ties to the company or anyone in it---but still an optimist. Just my thoughts and certainly not an enticement to suggest anyone buy or sell. Good luck to all!


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JimS
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Dew, my original buy in was at .015. Did cost averaging down to .0007. Notice that I commented "just suppose" and "carry this fantasy a bit further". If it is worth .0001 with 10,000/1 then it would be $1.00/shr at the time of the r/s but I agree that it would probably drop very quickly and it is doubtful that it will hold. "it is a fantasy, a pure fantasy"
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Leo
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"Don't get too close to my fantasy"... name the band.
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Dew-it
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Think about it... In the last PR dated 4/12/06, Frankie the Fraudster, I mean Lloyd stated that he and his investors currently hold 185.5B shares and that 140B remain in float - the math never added up because we were never told where the other 24.5 -25B were/are based on 350 A/S.

Anyhow, IMO, Frankie the Fraudster, I mean Lloyd increased the A/S to 570B so that he could screw current QBID investors and increase his overall control of shares. IMO, the reason for the increase and then R/S is as follows: Two scenarios based on 350B and 570B A/S. Someone, please check my math – but it is pretty evident to me why increase and then R/S.

Based on 350B A/S with 1:10,000 R/S

Lloyd: Before R/S = 185.5B. After R/S = 18.5M
Float: Before R/S = 140B. After R/S =14M
Unaccounted: Before R/S = 24.5B. After R/S = 24M

Based on 570 A/S with 1:10,000 R/S – an increase of 220B

Lloyd: Before R/S = 400.5B. After R/S = 40.5M
Float: Before R/S = 140B. After R/S =14M
Unaccounted: Before R/S = 24.5B. After R/S = 24M

Think about this as well… in the last PR (04/12/06) Frankie, I mean Lloyd stated “Since I've taken over, we have not and will not increase the float any further.” WTF?!

So who is looking out for QBID investors? Frankie the Fraudster? NOT. Lloyd? NOT. Richard Brown? NOT. SEC? NOT.

IMO, this sounds like the perfect scam and it is still continuing – Dec 06 is not come soon enough for me, so I can write this PIG off! [Mad]

quote:
Originally posted by milliam:
Why would he bump the A/S now??? I'm not understanding this company, but I guess nothing really makes sense!

Milliam


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madmoney
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the A/S does not automaticly R/S with the common, they have to ammend the articles of incorporation to reduce the A/S
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HossTrader
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Are we still on for Vegas? [Big Grin]

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I just want to make enough money to be eccentric.

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Doctoall
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quote:
Originally posted by HossTrader:
Are we still on for Vegas? [Big Grin]

I am, I will be going there Oct 27-29th for a competitive soccer tournament with my grandson. Always a great time to go to Vegas [Big Grin]

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Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow

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Doctoall
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Latest from Wash State: 425PM today, the filing for April 26th has been backed out and they expect that TMM will refile. So this time will it be 1:100, 1:1000, 1:10,000 or ever greater

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Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow

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Repoman75
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Can you Qbidders stop cloggin the Micropenny board with this wallpaper worth of stock? You're messing up my reading of oil plays. TIA.

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Stick with Repo's plan in '07 - FRPT/DKAM!

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Rich735
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For anyone that gets QTN or subscribes to VDC to see QTN. VDC is advertising Brunch every morning with Scott Withers and Honey Labador? Is that right? I thouhgt Scott was fired!

It is rolling add above the channel listing.

http://www.vdc.com/

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mrbigdogpete
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Has anyone been able to buy under.00005?
tia
Your Pal Pete

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imakmony2005
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Scott and Honey are still both on the air last i saw rich, just looked and its the ricein show and yes i spelled it wrong.
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Rich735
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Thanks imak!! Don't worry about your spelin...LOL
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imakmony2005
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you got it.
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Penny-Trader
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think about this one for a real far fetched idea.

there appears to be a lot of people selling their shares at .00001 and .00002.

Who is buying them?

someone is buying them. I cant buy them that low.

someone is buying up everything that is being sold at that price.

for 1 million dollars you can buy 50 billion shares. for 2 million you could buy 100 billion shares. for 3 million you could buy 150 billion.

now from what we know there is 140 billion shares out in the float.


now how do you get this number of shares to be dumped for that price?

maybe we could put out a botched up application for a 10000 to 1 reverse split. cause a massive scare and huge dumping of shares.

buy up say 135 billion shares really dirt cheap. dirt cheap being 2.7 million dollars

retire these shares, and lower the A/S to 10 billion shares and watch what happens.

they could sell 3 million shares in the $1 range and payback the loan if there was a loan needed, and cover the interest as well.

is it realistic? probably not. is it possible? sure it is, is it legal? I'm not sure, but i would not complain if this was the case.

anyone that holds long is still rewarded, anyone that was weak and dumped their shares would be kicking themselves for years to come.

As i said, this is all a fantasy in my mind, but ill be damned if i'm going to sell of my shares at this price to find out that my delusional mind is not so delusional.

remember this is a pink sheet and they are never as they appear to be. I still have not heard the fat lady sing, and until that time, I'm still clinging to the fact that i have not lost a penny until i decide to sell.

I don't want anyone to buy this stock based on my above fantasy. I have no expectations that this is what is going to happen in any way.

something is telling me that there is something fishy about a company that can not figure out how to do a r/s without screwing it up. Even the slimiest of CEOs never screw up a reverse split.

you want to figure out what scares a man, just look at what he tries to scare you with.

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
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Thats one of the best yet PT, Hell its doable.
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Leo
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That sounds very far-fetched PT, which in Frank's case sounds plausible. Pretty crappy not to pay your employees so you can do a buy back though. Oh yeah, didn't you say something about slimy CEO's? lol
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manfromjax
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Gee PT, you must have already gone down to Mexico and gotten some of that grass and cocaine that is now going to be legal. Great dreams... [Eek!]
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Stock, Ham, and Mayo Sandwich
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quote:
Originally posted by Penny-Trader:
think about this one for a real far fetched idea.

there appears to be a lot of people selling their shares at .00001 and .00002.

Who is buying them?

someone is buying them. I cant buy them that low.

someone is buying up everything that is being sold at that price.

for 1 million dollars you can buy 50 billion shares. for 2 million you could buy 100 billion shares. for 3 million you could buy 150 billion.

now from what we know there is 140 billion shares out in the float.


now how do you get this number of shares to be dumped for that price?

maybe we could put out a botched up application for a 10000 to 1 reverse split. cause a massive scare and huge dumping of shares.

buy up say 135 billion shares really dirt cheap. dirt cheap being 2.7 million dollars

retire these shares, and lower the A/S to 10 billion shares and watch what happens.

they could sell 3 million shares in the $1 range and payback the loan if there was a loan needed, and cover the interest as well.

is it realistic? probably not. is it possible? sure it is, is it legal? I'm not sure, but i would not complain if this was the case.

anyone that holds long is still rewarded, anyone that was weak and dumped their shares would be kicking themselves for years to come.

As i said, this is all a fantasy in my mind, but ill be damned if i'm going to sell of my shares at this price to find out that my delusional mind is not so delusional.

remember this is a pink sheet and they are never as they appear to be. I still have not heard the fat lady sing, and until that time, I'm still clinging to the fact that i have not lost a penny until i decide to sell.

I don't want anyone to buy this stock based on my above fantasy. I have no expectations that this is what is going to happen in any way.

something is telling me that there is something fishy about a company that can not figure out how to do a r/s without screwing it up. Even the slimiest of CEOs never screw up a reverse split.

you want to figure out what scares a man, just look at what he tries to scare you with.

Rod

lol...Have you ever thought how big outer space is? If it has limits, is it square, round, triangle, etc? If it was one of those shapes, then what is outer space in?

Think about it. LMAO

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