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mad, the .0001 says a lot! i believe it!
anyone read this...
SUMMARY: The beleaguered Q Television Network, which owes back pay to more than 100 laid-off workers, is still on the air as it tries to weather a financial storm.
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The beleaguered Q Television Network, which owes a month's pay to more than 100 laid-off workers, is still on the air, though with a smaller staff and a revamped lineup, a network executive said Monday.
Citing cash-flow problems, the network, one of three cable channels for gay men and lesbians, laid off nearly its entire production staff Feb. 1 and halted production for more than a week. On Monday, Q's live programming was gearing up to produce four hours of live programming per night, though with a skeletal production crew.
"No shows are totally cancelled," Scott Withers, vice president of live programming, told the PlanetOut Network. "We are now trying to determine how to retool our existing shows so that more viewers will tune in."
Withers would not comment on the nature of the network's financial woes, but emphasized that "reports of Q's demise have been extremely exaggerated."
However, Withers would not say when -- or if -- it would bring back all laid-off workers, nor when they would be paid.
Q Television Network, available to 3 million cable subscribers in several cities, started operations in Texas in 2004 and moved its production facilities to Burbank, Calif., in 2005. It still is not available in many major markets.
The San Francisco Chronicle reported Saturday that the network's board of directors told the staff that an investor and his family with a large amount of money in the network were not able to continue financially supporting Q Television. An e-mail obtained by the Chronicle told the network's staff that it was working with backup investors to make payroll.
In addition to not meeting payroll, the network is being sued by a San Francisco lesbian magazine, Girlfriends, for not paying its advertising bills for six months.
"I thought the network was a lot more solid than it really was," said Vanessa Meyer, a graphics generator who was laid off with more than 100 other production staffers Feb. 1. "Their subscription base is really low, and they're only in a handful of cities."
Without jobs for two weeks -- and without being paid for a month of work -- employees decided not to wait for the unnamed investor to come through and instead filed a petition with state labor officials, according to Meyer. "The labor board told them that they can't hire anyone back until they pay us for the month of January, and they're watching (the network) very closely," Meyer said.
Chris Flynn, a technical director for Q Television, was one of a handful of laid-off workers asked to come back to help get network programming up and running. With a check for January's work, Flynn agreed to return on a freelance basis, but is waiting to see if Q makes good on its word that other employees will be paid soon.
"I'm taking them on their word that by the end of the week everyone will receive their back pay," Flynn told the PlanetOut Network. "If that doesn't happen, then I will leave."
"We were a very close-knit staff, and that's why when this happens you end up feeling betrayed," Flynn said. "It's more than just not getting your paycheck."
Some, like Meyer, say they feel burned by the network and may not go back under any circumstances.
"A lot of us just want our money now," Meyer said. "It is unfair to treat employees like this. I don't know who will be working (for the network) in the future because its name is sullied. For them to preach LGBT pride and then to do this to us, it sends a terrible mixed message."
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when is the sec going to step in???
itespit=shrewd and cunning and crafty, imo
if he/she is dealing with olsen, he/she is not to be trusted!
that's what i thought, your can't, now stfu!
hey uwlung, provide proof of this...
Posted by: uwlungman
In reply to: DENSKIJR who wrote msg# 34022 Date:2/9/2006 12:09:42 PM
Post #of 35239
bob. TA says float 1.6 billion, 2.5 B total o/s...eom
coke has a mega 275 spots at the winter olympics
bull, don't worry, i think the sec is aware of this company, god knows i have put my 2 cents worth in.
ah rick, here's the number 1-360-753-7115, call yourself, sometimes i wonder about the stock promoters here.
you mean 350 billion a/s
in subpenny culture, misleading prs are illegal,ask the ceo of econnect, serving a 9 sentence
unlung..the sec will step in, the prs are very misleading, too much in writing. i really believe the sec will step in.
imo, 500 billion coming..do i hear a trillion??
i sent all the prs to the sec, hopefully they will do something
anyone, is the a/s really 350 billion???
remembering vegasdave....
Posted by: VegasDave
In reply to: Socal_Helix who wrote msg# 150326 Date:8/9/2005 1:16:39 PM
Post #of 219068
SOCAL I TOLD YOU THIS WEEK WOULD BE GOOD..RELAX AND WATCH THE CLIMB...
NEXT TIME SURRENDER YOUR HAND IF YOU'VE DRAWN HARD.
a far cry to what he is saying now!
foxy, my thougths exactly, you should check out stockup on ragingbull, she does the same thing! thousands and thousands of posts promoting qbid
audit in "coming weeks"
neal, ask the person who wrote the pr...
sometime i question the education level of some you stock promoters.
i just want my 19000 back, i was deceived by misleading prs and a lying ceo, hopefully the sec will step and do the right thing. that would make me feel better.
rainy days and mondays getting u down? then laugh...
PALM SPRINGS, Calif., Aug 29, 2005 (PRIMEZONE via COMTEX) -- Q Television Network (Pink Sheets:QBID), the first 24/7 premium network for the gay and lesbian community, announced today that partial completion of the independent audit being held has begun to detail Q Television's financial status.
"We are pleased with our year over year growth, our revenues have grown more than one hundred percent since Q1, 2004, our subscriber base has grown by three hundred percent in twelve months, our sponsorship will grow a staggering fifteen hundred percent in eleven months and our carriage expansion and visibility has far outpaced the industry standard," said Frank Olsen, President, CEO and Founder of Q Television Network. "We, as a company, felt with Q Television's one-year anniversary upon us, we would detail our accomplishments and projections going forward to investors and the markets."
"We are confident the current market capitalization on our security should be trading more in line with the accomplishments highlighted throughout 2004-2005. Q Television's business model is being viewed as concrete by industry analysts, and our company is currently being courted by many large financial institutions on Wall Street seeking an ownership position in the company. Based upon the offers presented by these companies, Q Television's current value is two hundred million dollars, or ten times the market capitalization that the market has put on our trading stock, Triangle Multi-Media, the trading security for Q Television Network (a subsidiary of Triangle Multi-Media). Q Television's assets outweigh the total market value by seven times our stock price, and industry executives know this. We have been offered a low eight-figure deal for our company, and we refused. Our financial team is confident that Q Television will be worth one billion dollars in twenty-four months. Q Television has signed some of the largest cable carriers in the country, secured total broadcasting rights to the Gay Games VII, and owns and operates a multi-million dollar studio in California, to name a few of our accomplishments. The equity markets will not keep us at these levels for very long. We know that the outstanding share count has increased with some restricted stock coming due and selective purchases, but this stock was strictly used for tangible assets and was done in the best interest of the company. We will update the markets upon full completion of the audit," said Olsen.
last one for now, "gay side of superbowl"....the 1 or 2 posters that can view qtn, have you seen this yet??? lol
PALM SPRINGS, Calif., Feb 3, 2005 (BUSINESS WIRE) -- Q Television Network, (Pink Sheets: QBID) announced today that Jackie Enx and Nick Oram will be in Jacksonville, Florida this weekend to cover the gay side of Super Bowl XXXIX.
Jackie Enx, the first transgender sportscaster, and Nick Oram, host of "Q on the Move," will be at the Super Bowl filming for an upcoming episode of "Q on the Move." Following the game, Jackie and Nick will continue filming at the Metro, a gay nightclub in Jacksonville.
"As I have always stated, Q Television will be at the forefront of all events in the gay and lesbian communities. Over the last 90 days our viewers have seen us at the Gay and Lesbian Rodeo and the National Gay and Lesbian Aquatics. We also covered the Inauguration, with exclusive footage via Barney Frank, and most recently Q Television took its viewers to the Sundance Film Festival," said Frank Olsen, President and CEO of Q Television Network. "Showing the gay side of the Super Bowl is just one of the amazing places we will take our viewers in the future."
hey redfox, want more, here you go...
PALM SPRINGS, Calif., Aug 29, 2005 (PRIMEZONE via COMTEX) -- Q Television Network (Pink Sheets:QBID), the first 24/7 premium network for the gay and lesbian community, announced today that partial completion of the independent audit being held has begun to detail Q Television's financial status.
"We are pleased with our year over year growth, our revenues have grown more than one hundred percent since Q1, 2004, our subscriber base has grown by three hundred percent in twelve months, our sponsorship will grow a staggering fifteen hundred percent in eleven months and our carriage expansion and visibility has far outpaced the industry standard," said Frank Olsen, President, CEO and Founder of Q Television Network. "We, as a company, felt with Q Television's one-year anniversary upon us, we would detail our accomplishments and projections going forward to investors and the markets."
"We are confident the current market capitalization on our security should be trading more in line with the accomplishments highlighted throughout 2004-2005. Q Television's business model is being viewed as concrete by industry analysts, and our company is currently being courted by many large financial institutions on Wall Street seeking an ownership position in the company. Based upon the offers presented by these companies, Q Television's current value is two hundred million dollars, or ten times the market capitalization that the market has put on our trading stock, Triangle Multi-Media, the trading security for Q Television Network (a subsidiary of Triangle Multi-Media). Q Television's assets outweigh the total market value by seven times our stock price, and industry executives know this. We have been offered a low eight-figure deal for our company, and we refused. Our financial team is confident that Q Television will be worth one billion dollars in twenty-four months. Q Television has signed some of the largest cable carriers in the country, secured total broadcasting rights to the Gay Games VII, and owns and operates a multi-million dollar studio in California, to name a few of our accomplishments. The equity markets will not keep us at these levels for very long. We know that the outstanding share count has increased with some restricted stock coming due and selective purchases, but this stock was strictly used for tangible assets and was done in the best interest of the company. We will update the markets upon full completion of the audit," said Olsen.
let's increase shareholder value...
PALM SPRINGS, Calif., Dec 14, 2004 (BUSINESS WIRE) -- Q Television Network, (Pink Sheets: QBID) announced today that its CEO, Mr. Frank Olsen, will retire 1,000,000,000 shares of his personal QBID stock.
Q Television's board of directors has agreed to retire the QBID shares to the treasury. The 1,000,000,000 shares are QBID common stock. Mr. Olsen will retain voting rights and a long term conversion provision. The retirement of the stock will occur in pre-set blocks over the next two months.
"This non-dilutive measure will bring an increased value to our shareholders," said Olsen. "We have negotiated and put contracts into place to ensure longevity for our network and, as this occurs, we will take steps to bring value to our shareholders."
qtelevision in the pacific northwest????....
PALM SPRINGS, Calif., Jan 18, 2005 (BUSINESS WIRE) -- Q Television Network, (Pink Sheets: QBID) announced today that it has reached an agreement with a Washington State television station to offer Q Television Network to its subscribers.
"After extensive negotiations, we have finally come to an agreement to make Q Television available from Oregon to the Canadian border," said Frank Olsen, President and CEO of Q Television Network. "The West Coast market is an important step for us. It is the third highest market of the Gay and Lesbian population in the U.S. With this new carrier, our television signal will be made available to over one million customers."
In the second quarter of 2005, Q Television will comply with requirements of all national carriers and make its signal available in High Definition (HDTV). "With the field narrowing for carriers to choose gay and lesbian networks, we have jumped to the top of many lists and will provide all of our carriers with the best possible network," said Olsen.
this one shows the soft side of olsen...
PALM SPRINGS, Calif., Feb 17, 2005 (BUSINESS WIRE) -- Q Television Network, (Pink Sheets: QBID) announced today that they are meeting with counsel to discuss the best strategy to become a fully reporting, listed company.
"We will be meeting with specialists in the coming weeks to decide the best way to position the network to begin trading on a listed exchange," said Frank Olsen. "Our company has advertisers, carriers, and now subscribers. It's time to take it to the next level."
The exchange the network will be listed on is unclear at this time. The company needs to meet certain requirements before that can be announced. "We are working toward moving QBID onto an exchange where market makers must show their shorts. We feel that our stock is constantly being manipulated, and in thinking of our loyal shareholders, we want to do this in a way that will not compromise their current holdings," Olsen continued.
who could forget this one...
PALM SPRINGS, Calif., Mar 21, 2005 (BUSINESS WIRE) -- Triangle Multi-Media (Pink Sheets: QBID), the parent company of Q Television Network, was informed late last week that a private group of investors is in the process of buying a large portion of its QBID stock. The private group of investors has committed themselves to buying QBID stock up to .01.
"We are delighted to have such strong support for our company. Management and I feel strongly that the stock is extremely undervalued and we believe it won't take long to see the price of the stock at a penny," stated Frank Olsen, President and CEO of Q Television Network. "Our company is stronger than ever. We are building something great in Q Television, but there is a clear disconnection between the explosive growth of the company and the current price of the stock.
"Furthermore, we believe our stock is being unjustifiably suppressed and we can no longer sit back and tolerate that type of manipulation. We are working with the private investors and are taking active steps to turn this around. We feel strongly this will restore confidence in our loyal shareholders and restore true value in our company stock," said Olsen.
i'm on a roll...this one is funny
PALM SPRINGS, Calif., Apr 18, 2005 (BUSINESS WIRE) -- Triangle Multi-Media, (PINK SHEETS:QBID) announced today that the company will meet this week with the law firm of Sichenzia, Ross, Friedman & Ference LLP to begin the process of removing themselves from the Pink Sheets.
Sichenzia, Ross, Friedman & Ference LLP will formally begin the preliminary application process to have Triangle Multi-Media become a fully reporting company, the prestigious law firm will immediately begin counseling Triangle Multi-Media on the requirements needed to be listed with another exchange.
"We have hired Sichenzia, Ross, Friedman & Ference LLP, one of the best law firms specializing in matters such as these, and we are confident that they will deliver," said Frank Olsen, President and CEO of Q Television Network. "QBID will be counseled on the most effective procedure for us to become a fully reporting company and we will act upon it very quickly."
About Q Television Network
another 2005 pr...
PALM SPRINGS, Calif., May 02, 2005 (BUSINESS WIRE) -- Q Television Network (Pink Sheets: QBID) announced today that it will be securing a well known securities CPA firm this week to complete its full financial audit. Q Television will work closely with the accountants to move forward with its plans to become a fully reporting company. The CPA firm will conduct the standard audit, and is expected to deliver the final report to Q Television upon completion, at which time Q Television will become a fully reporting company.
"We feel this audit is a huge milestone for our company, and that ultimately, if Q Television Network files all financials/reports publicly, we will eliminate the manipulation that our company and many Pink Sheets stocks face," stated Frank Olsen, President and CEO of Q Television Network. "Our company is fundamentally positioned perfectly within the GLBT market, but we cannot tolerate the undervalued price per share that our stock faces on the Pink Sheets."
About Q Television Network:
remembering prs from 2005, read...
PALM SPRINGS, Calif., Aug 04, 2005 (BUSINESS WIRE) -- Q Television Network (OTCBB Other: QBID), the first 24/7 premium network for the gay and lesbian community, announced today that the company has hired a team of investigators in an effort to uncover any inappropriate trading activity.
"I am extremely frustrated with the current value of our shares," said Frank Olsen, President, CEO and Founder of Q Television Network. "As you know, we are currently in an audit to become a fully reporting company. With all the positive news the network has had I am deeply concerned that the stock has not increased in value, and this investigation has become my number one concern."
Q Television is taking aggressive steps to stop any inappropriate selling of QBID. The network wants to uncover any unrecorded shareholders and disclose all market makers. Q will look into where the market makers are getting their stock, and will, to the best of its ability, start an investigation to flush out any inappropriate sales, thus ensuring that every share is purchased and paid for before it is resold on the market.
uhmmmmm, skunks, let's don't talk about "one sidedness", you have some nerve.
i just want my money back, i was deceived by misleading prs and by a lying ceo!
in the end, the truth alway comes out...i just want my money back, i was deceived because of misleading prs. please sec step in and do your job. that would be better than getting my money back.
superbowl eve, qtn's programming closed down and a .0001 pps yet the mad crazy one-sided posting continues. unreal!!
that's what happened to etoys, the company overspending and the ceo was living a lavish lifestyle. they had to close up shop. finally a class action lawsuit was brought against the company.
lol at howsmusic, yes only one person can anwser that one!
i'm down 19000, just want my money back
bottomline, qtn's programming=.0001
level 2 shows bid at .00008..from .028 to .00008, unreal!
remember enron tried to hide the numbers!
that post was just to draw a reponse! these stock promoters are so whacky!
will qtn be showing the "gay side of the superbowl" this year?
remember that lie from last year? there are so many i can't keep with them!