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Very interesting to see this stock dropping. It is closer than ever to start taking notice in the smoking world and the stock is going down.
I don't know of anyone crazy enough to sell at this point. My theory is that they're diluting the shares some. This company still has plenty of gas left in the tank. I would guess that they need some extra cash to distribute their cigs. Selling shares would be the quickest way to go. If that's what they are doing, I hope they don't dilute too much.
This company has been run great so far. I'd hate to see them with a billion O/S when they've been doing so well up to this point.
Yea, but right now, they're thinking about debt, not a buyback. That's last on their list. They can't even pay their employees. Where do you think they're going to get 35 million for a buyback?
I could be wrong, but I think that the company would have to file some kind of bankruptcy first. It happened to me on a stock that was going to issue a new ticker. I kept buying the stock thinking I would get the new shares, but I lost everything.
Sometimes they transfer over, sometimes they don't. It all depends on the decisions made by the company.
In all reality, the best thing for QBID right now would be to start over which would not be good for us.
However, there would have to be some kind of news release first. They couldn't just do it without warning.
People are calling for a buyback, but $35M is too much. They can't even make payroll. What makes anyone think a buyback is going to happen? If it does, it won't be for a long time.
I am extremely pissed (as everyone else is) by the misleading posts that kept me buying. One in particluar about the audit fooled me big time. It said that QBID had minimal debt and should be paid off in a few months or something like that. Since then there hasn't been any info about the audit even though it said it would be released in a few weeks. That was back in Oct 05 I think.
Everything led us to believe that the money was pouring in and the company was thriving. I don't know how FO can sleep at night knowing what he did to his shareholders.
Don't get your hopes up. I got mine and it was a waste of 10 minutes. It was not informative, didn't answer any questions and even though it is called an "investors reel", it didn't discuss anything about the stock except a 4 second mention of why the stock is down.
I wish they would have used the money they spent creating that towards a buyback. It would have been much more worthwhile.
I wonder if the drop is due to them issuing out shares. I've seen that happen in pinks too many times. Wellstone has been managed well so far and I hope they didn't dilute the stock.
The news has been great. I don't know who would sell at this point. The best seems like it's ahead of us, not behind us.
Do you guys think that hiring Fan will produce results or is it an attempt to provide some more smoke and mirrirors for a bad situation?
500, what does BK mean?
Also, since you seem to have a pretty good perspective, what is your opinion on the future of the stock?
TIA
I was wondering that myself. It's actually good for the stock right now in my opinion. People won't sell at the bid if they know the ask is that high. I think that it would encourage buyers and discourage selling.
That's the way I see it anyway. I'm no expert, that's for sure.
Ron2W,
Is there any way you could have these people stop the off topic messages. This board is crazy. Theres too much posting about other things besides Q.
Thanks
I don't smoke, but I'd love to try one. It's too bad you can't send tobacco in the mail legally. Otherwise I'd pay someone to ship me a pack.
It sounds positive from what you're saying. Thanks for the input.
Ken,
Have you tried the cigarette? How is it?
Well, I'm already down $8K. What's another $1K? I might as well stick around to see if it goes back up.
I couldn't agree more. After watching that DVD, I wouldn't subscribe to that crap even if I was gay. The shows were poorly done, bad acting and not funny. It was nonsense. Q won't last long on the air.
I got the DVD today. Boy does that suck. It was supposed to answer all of the investors' questions. It didn't mention anything about financial status, OS, future plans, nothing. It was just a commercial for Qbid. What a waste.
I've heard that the A/S shares are now 350 billion. Is this true? What are the O/S now?
We haven't lost yet. I think we will come out OK on it. Just hold on. There seems to be some recent activity. It's back up to.0002 and hanging around there. It just needs the float reduced.
Hey Mr G. Good to see you back. Are you back into wellstone or are you all sold out?
I hope so too. It has been interesting the past few days. The stock is moving 20-30% so that's a good sign. At least there's interest in it. Maybe something is up that will be released soon. Do you know if there have been any inside trades?
Anyone heard what happened to Silverton? I know they bought the rights to the brand name, but are they for sale? I think they were called silverton. It was silver something.
LOL!! I got mine from the little orphan annie show. The secret message said "Be sure to drink your ovaltine"!! I think another one's coming through...It says, "Buy more stock in CTKH".
Any theories on why the big jump yesterday?
Gotcha. I thought it was a little weird.
Storm,
Where are you getting your info for this? What does 3 miles difference make? People would commute an extra 3 miles to retain a job. If your workplace relocated 10 miles away, are you saying you're gonna quit?
Gateway,
You spelled "genius" wrong. Sorry, I couldn't resist, just trying to lighten up the mood around here.
Not taking sides with anyone here.
Good luck to all,
Il Padrino.
yea, at least we've moved up a little. Still no blockbuster PR that was predicted. Maybe they ment next Monday :o) I'm glad I did get some shares at 1 though.
Actually qbid went from 19 billion to 44 billion. There's speculation that he issued the rest of the AS which was 100 billion. I know I'm down 8K in that sucker.
I was just able to pick up 4 mil shares at 0001 right before it went up to 2. So, where's this PR that's supposed to come out today?
I'm really happy that it moved up at least. Do we see 3 by the end of the day?
How do you know it's a lie? I don't know who to believe anymore on this board. This board is nuts!
I hope you're right.
thanks uwl,
This is very positive news. Lets hope it's true. I just put in an order for another 5 mil shares at 0001. I hope I get it before any news makes the stock jump up.
Can I ask you an honest question? I'm not attacking you in any way and I really am curious about your message.
You say that the egyptian weasel is a racist remark and you are offended.
Do you really think that or do you just not like Orange and are looking for something to attack him with? Do you really think that's a racist comment?
If there was a buyback, wouldn't we see the volume or would that be on a seperate plane?
I emailed equity relations 3 times and got 2 responses. Both times he said that they can't release any information. I am starting to wonder what in the world are they getting paid for?
I agree, but when you're lied to, it's a little different. I invested on the bs that I was told.
I hope you're right because I'm sweating at the state of this stock. But like George Castanza, I'm going down with the ship. Hopefully it will pay off for me like it did for George.
Do you really think there's any hope for this stock? I'm looking for all the positive inputs I can get. I don't want to think I just threw away $8K
Don't forget that he does a 1000/1 R/S, then issues out another 50B shares.
You're talking about stuff that will materialize 10 years from now. It's not going to help us any time soon. I wish that it would somehow, but realistically it won't.
However, let's say that we hold CTKH for 10 years and it becomes one of the frontrunners in the industry...now we're getting somewhere.
I think Orange's point is that we can't trust anything Hilal says and I tend to agree with him.
I think the "car theory" is off because, like I said, there could be (and would have to be) multiple shifts to run 24/7. The same people can't be there all the time. So, to be operating constantly, the 25 people would have to be split up into 2 or 3 different shifts.
Here's what we don't know:
1. How many people it takes to run all the furnaces.
2. How many employees out of the 25 are actually in the labor part of the process. i.e. is he also including janitors, secretaries, himself, etc. in that number.
3. If running them 24/7 actually means that he's producing materials 24/7. i.e. running them at night could be due to cleaning the furnaces, running self diagnostics, etc. (How much do we really know that entails the whole process?)
Orange's point is that Hilal could be very misleading and not tell us the whole truth. That is a technique mastered by people who have to deal with PR situations. He didn't really lie when he said the furnaces are running 24/7, but does that mean that he's producing product 24/7? (point 3).
So, he didn't lie, so he can't be sued for lying. We just "misunderstood" what he said.
The fact is this: When you're dealing with anyone who is involved with potentially making millions of dollars, you cannot trust them. You can count on them being set on making all that money and not caring about who they hurt in the process as long as they're rich.
That is why Jesus said, "The LOVE of money is the root of all evil". People are so fixed on getting the cash, they lie, cheat, steal and kill to get it. The money itself is not evil, but the act of hurting others to get it is evil.
We cannot trust Hilal. The positive statements in the PR's are encouraging, but don't take it as gospel. The only thing I trust to be 100% true and factual in the entire world is the Holy Bible. Everything else is suspect.
Take care,
Il Padrino