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50 billion x .0005 = 25 Million, That's a long way from 400-500 million. I know stock value does not represent the business worth but your figure is way off. IMO
What about revenue vs. costs. with such little subscription and carriage, how is Q paying it's employees, loans, insurance et al. The monthly costs must be staggering for a company that has a studio, teleport, and on air talent that want lots of money.
Two simple questions:
Are they still diluting for cash?
IF not where is the cash coming from?
IF they were registering the audit they would have already met about financial strucutre. I think this financial meetings is about how to spin how bad the audit is. They need some exuceses and wishful quotes on assets and revenue to offset how bad the audit is.
Conflicting statements:
"The audit is currently going through its certification process and will be available for viewing within the coming weeks."
"Based upon the findings of this certified audit, senior management and the Board of Directors will immediately meet in Las Vegas on Tuesday, November 1, 2005 to implement a financial structure to further develop the company."
The first statement says the audit needs to be certified, the second states they are meeting today on the certified audit.
One of them is not correct or in essence a LIE!
I just came on board, Is there no Audit news? Not even a "were still working on it"? Let's hope is a purposely missed deadline to drop the pps for a huge buy back by Frank and Co. (yeah right)
i know that, but not being able to recieve the station is killing me
Great PR, the problem is I cant recieve Qtv. 99% of the people who read the PR can't get QTV. Hopefully they will all call their provider at the same time. I'm not sure I even care about the audit anymore, I just want to be able to recieve it on comcast or directv! I can justify the losses of money to my wife if she can at least see what i spent our money on.
Does anybody know what time the internet interactive shareholders meeting is going to take place on tuesday. I only see time listings for the open house.
The PR about meeting doesn't state if any shareholders can attend the meeting live! If it is just done simulcast over the internet they can screen every question. Does anybody know if public shareholders can attend?
I think if the pps goes down to .0001 by october 11th, which all indications are it will. Then Frank will not have any such shareholder meeting. He would be tar and feathered!!
That's a great exuse if the fire is still burning next week. Frank's hoping for an earthquake on October 10th.
For every buy there's a sell! Who is selling millions of shares at .0009 after good news, is it still dilution? Even if shares were given as payment wouldn't the recievers hold until it goes up a little, why sell at .0009?
Your glass that is always half full has way to much alcohol in it!
First Frank announces a buyback and then says the share count went up last year for aquisitions. You don't buyback shares and issue new ones at the same time (especially when the pps is going down!) I don't understand how people think this company is not playing with investors with regards to their PR's. They just aren't honest, or to the point. It's so frustrating because they have a great product and so many people who believe in them and have given hard earned money to Frank. We all know there are costs at doing business if they are honest with everyone the PPS would probably be higher. I'm thinking Frank has such bad credit he cannot get any bank or private financing and has to keep issuing shares. Any thoughts?
Has Frank scheduled the shareholders meeting he said would take place late summer/early fall. Late summer is over. What is the definition of early fall? The month of October
So this pink sheet company was bought out at around 40% higher than it's share price. that would put Q at a buyout price of at .0015, that not good news for a buyout.
skunksyard writes:
dk who really cares...you offer sarcasm, groans, moans, whines, and anything but QBID data on this board...you are a waste of
Here is the Qbid data for an investment message board:
PPS was .005 in january, now .001
Why wouldn't an investor be sarcastic, groan and moan.
It's tough to compose a letter while reviewing a dvd (the one he also promised explain why the stock is low) and interviewing drivers for his limo at the same time!!
Maybe it's all us longs that have given up an taking big losses to get out. Share price still going down. If Q is bought out at 10% above selling price, we will all lose money. What is 10% of .0012?
What kind of PR is everyone looking for?
We know the financials and it moved the price down.
If a PR announces a nationwide carrier it will probably still drive the price down.
What else is there? Let me know what PR other than nation wide carrier you think will drive pps up.
what do you think the burn rate is a month just for Nick? with all that travel.
No wonder ludlow downgraded, i think they actually might go bankrupt. Is it true preffered stock gets paid first in bankrupcy, if so we know which 53% will get paid first.
Unfortunatly I think we made bad investments. With all the great PR I doubt that any of us have sold our shares at a loss. Over the last few weeks Billions and Billions of shares are being sold. Who is selling? Not any logical person. It must be dilution in my opinion. Now there are just too many shares for the PPS to climb must past .0020 Ever again. I was considering buying more but I no longer have any confidence, even if they announce direct tv!!!
How can Frank say the stock is undervalued. As far as investors are concerned we are trusting frank that the company is fully funded and the company is on track. To know the value of a stock you need the numbers of shares and the financials of the company. Then it can be determined the value of the stock.
Just words from Frank, just like words about Echostar years ago.
Tell us why frank has not reported even though he stated he would in February and in April?
Ask yourself - why don't they declare share counts?
It's not just the 1% volume, who is willing to sell this many shares at this low price, it has to be dilution, from the company or vendors.
I heard frank doesn't need to wear a life preserver on the yacht. He has to much float in him already.
on feb 17th, Frank said they were meeting with counsel to discuss fully reporting.
on April 18th he says the same thing: that he's meeting with a firm to talk about fully reporting
On July 29th (today) he can't understand why the stock is undervalued.
Is he that dumb, or does he think we are that dumb?
HOW MANY SHARES ARE THERE? THAT ANSWER WILL DRIVE PRICE UP WHETHER IS 50 bILLION OR 1 TRILLION.
I used to be far more negative because of those positive pumpers who pray to frank. Now I'm just enjoying the board.
I hope you are right. After watching this for a year my hope is dwindling.
For every buy that gets transacted at .0014 there must be someone willing to sell. How can it be anybody other than QTN or someone they gave shares to as payment. MM's don't buy high and sell low. It seems like dilution to me.
Does is seem odd that they PR about being on in Maine at the End of JULY. That is only two weeks away. Wouldn't they know the EXACT DATE. It just doesn't seem right.
From Richard "this is being taken care of..."
That means Irish bull is right and they are deliquent at this moment. He didn't say "this HAS been taken care of..."
It doesn't look good for Q from that web page chart.
It still can only be seen by people who have RCN in 3 cities.
If they don't sign someone else soon to go national they will probably go out of business. Here and logo are both on direct tv.
That only leaves 5 mill for expenses.
what do you think Frank takes each year?
How bout a game show "Who wants to be a millionaire- not"
We could ask questions like:
How many shares are there in QBID?
When will there be carriers?
What a great PR!
QTN has finalized a deal with POD.
From looking at the POD website it seems if you give them money they will air your program.
Frank is some sort of business wiz, he was able to write a check!!
PPS going down.
When there are more people willing to buy it.
Why would somebody buy QBID now?
A new investor reads these boards and does some history on the stock and see's that PPS was much higher when the network was a pipe dream. Then it tanked when it missed some pr deadlines about carriers, It climbed a little when progress was being made, but now there is a viable product with NO national carrier, missed PR deadlines about carriers, and a national network backed by Viacom and MTV that's on for everbody 24/7.
Unfortunately I think QTV's days are numbered. Like the number
.0001
Why get excited about POD? It seems to me it is just an advertising network that QTV will have to pay to be on.
The website states that is for the small time person who wants to make a tv show and pay for the network to put it on.
Also does anybody on this board have POD on their TV?
Please read the posts one year ago today. The Price per share was more than triple it is today and people are posting the same stuff. (It's about to take off or how many shares do they have).
It is unbelievable to see so many people addicted to this stock.
I.M.O the only reason this stock is not higher is because there are too many uncertainties regarding outstanding shares, financials and the fact only 4 cities can actually see QTV!!!
Everybody should stop posting, get lives and forget QBID for another year, then come back and read these same posts a year from now.
where are they getting the money from to buy back shares?
If there are 50 billion shares outstanding, they probably issue shares when they need money, which at 50 billion means they need a lot of money for startup. I don't see a whole lot of revenue streams coming in. So if they have the money to buy back shares it is probably from the bank which Frank is making intrest on our money while we see the share price drop.
A share price correction? The share price is tied to the amount of outstanding shares, and the lack of carriers. Right now it is correct. They have no carriers and have a bizzilion outstanding shares.