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Actually, I managed 5 million, my in-laws bought another 2. So it could have been anyone who bought the 25 mill. The point of the original post was -- if a bunch of folks are having orders filled at 0.0002 then the T&S is not a reliable indicator at the moment. That is, our buys are being shown as sells.
I love how these posts originate. Rickhan posts that he's heard of a 25 million share buy at 0.0002 and hopes FO is buying back. Two completely separate thoughts. Next thing you know, everyone assumes its Q buying back shares and either supports or nay says. "25 million is nothing", "can only buy back a percentage", etc. Nifty, no one has posted anything about buyback except a hope and it becomes a topic of debate.
Next thing you know the posts will be pasted on other boards and keep everyone entertained for hours if not days. LOL
It sure looked like a dump but I can't be 100% sure. The MM's have also been selling at the bid. A number of people have claimed to have bought at 0.0002. Ordinarily I would say "Ya sure", but in fact I have personally picked up another 5 mill @ 0.0002 recently. I have no idea how they decide who gets filled or not because many others have not had their orders filled. In any event it makes the T&S record somewhat untrustworthy, IMO.
PUHLEEESSE !
Actually, they have PR'd Houston. Its on their website.
Q TELEVISION NETWORK TO MAKE DECEMBER 13TH LAUNCH ON TIME WARNER CABLE HOUSTON
Mr. G - If I pay for a premium channel such as HBO, I for sure do not want to see commercials. Same would apply to Q. Yes, they need revenue but most of it, IMO will come from subscriber base, distribution rights, and so on. Just the rebroadcast rights to the olympics should bring in a nice chunk of change.
Skunks, I saw that too but what I read was that they were entitled to 50% of Frank's holdings - made no sense to me because I cannot envision Frank making any such claim.
So! Who is uplinking Q's signal today? NTI or Firestone?
Was it Jimmy Olsen - superman's buddy??
Of course you realize that this does not change anything for most of us. Whatever we find or whatever is going on, most of us are only in a position to ride it out and see what happens.
Here's hoping for the best (or at least something above worst).
I'm no expert but I don't think that would help. Too many other people would use such a huge loophole, IMO, and it would be eliminated. I suspect that they look at the SS number which wouldn't change with a name change. For corporations, I have no idea.
Curious lobo, what's the not applicable after those you bold faced as well as so many other entries mean??
If he filed, and was granted bankruptcy in 2003 - it would be too soon to be able to file again IMO.
OT: Fung Derf I can't MM on this board.
The case was dismissed apparently because Frank did not follow thru and file any of the necessary documents.
Something to remember is that one can file for bankruptcy only so often. I believe its once every seven years, but don't hold me to that number. The point being, many companies like to deal with people who have filed BK because they know that the person cannot escape the debt again.
As to all of these filings, suits, and countersuits, I be thinking that they come with the territory. Reading the suit and countersuit of Q vs Firestone, the image comes to mind of two fighters circling each other trying to read the relative strengths and find possible weak spots. It certainly hasn't seemed to make much difference in todays trading, except volume is noticeably lighter than it has been lately.
So if I read that right - Frank filed but did not follow thru on it. I wonder what changed his mind? A sudden influx of cash?
I certainly hope that Frank et. al. have copies of the purpotedly bad production of Firestone. Unless there is an out of court settlement, this puppy will drag on for months. Especially discovery will take forever based on how many allegations are being made back and forth.
You and me both Zandant.
Just so Santa doesn't think I'm too greedy, I'd be ecstatic at 0.05/share.
Oh well, I've pretty much convinced myself that there will be no major news or change in pps until after the new year, at earliest. I do think that there will be a major announcement of some sort then, but can only hope it is a good one and not a real bomb.
While you're wishing - why not wish for a NYSE listing and a pps of $10. LOL
Frank will go when he is ready - not before IMO.
So then, stating that the O/S is now "XX billion" or whatever number can only be conjecture or opinion - right??
Yep, over and over and over.
Sputnik,
My bad, I meant to say the O/S not the A/S. As you said the A/S is public record, its the O/S that's not.
For that error, I do apologize.
Junk, I too have lost tens of thousands here (at least on paper). You won't catch me complaining. This is especially my own opinion and as far as I'm concerned only applies to me but I have to much self respect and I feel that complaining is undignified. I'm well aware that such an attitude is not universal, that's fine. Complain away. It's just that it gets so repetitive after a while.
Cur,
I ask myself that question. Bored is the predominant answer I give myself. I also find it difficult to lurk when obvious misinformation or conjecture is being posted as facts. Here's another example: the A/S is now 60Billion. Maybe, maybe not. If there is someone here who can document that, would they please also release the rest of the audit. LOL
Junk, I based that statement on the continous string of whining and wailing posts. IMO the contents are virtually interchangeable (with the exception of some of the vulgarities) between the two boards. At least that's how it appears to me.
what do you want people here to do......sing out loud
The decision to stay in or not is an individual's choice, no one elses. Personally I am down 78%. I could have gotten out long ago with either a profit or a relatively small loss. Me, I, decided to stay. My decision, my consequences. If people wish to bemoan their own decisions, that's their affair. Yes, I know the argument is that the decision to stay was based on Frank's PR's and other statements. Nevertheless, the drop in price was not precipitous and there was plenty of time look at the downward trend and get out despite what Frank said and did.
What upsets me are the strings of mean minded, vindictive, posts where conjecture and opinions are presented as facts, e.g. Frank is paying himself a huge salary and living in a big house all due to Q. This board supposedly prides itself on being a 'civil' forum where different points of view are welcome. Yet what I see are posters that are rude and derogatory towards those of us that are willing to continue our gamble.
Yep, these are tough times. I may lose everything, tens of thousands of dollars. But I will not complain or play the blame game over my own decisions. I know that only a few will agree with this point of view. No matter. It is my own.
GLTY
HiRad, I placed an order for 2.1 mill this a.m. @0.0003. It filled in about 30 minutes. I'm using Scottrade.
Dang, this board looks more and more like RB everyday.
Whether anyone likes it or not QTN is still a business and as such any expenses such as this party are all part of advertising. Additionally, people are getting all bent out of shape without even knowing how much was spent. According to the PR, QTN was NOT a primary sponsor.
Cory Sher, Director of Affiliate Sales and Marketing, Q Television Network. "We are very grateful for main sponsors JetSet, W San Diego and Anatomy Spa who helped make this event so successful.
DGILL48, you've had that opportunity all along.
At any point you could have taken your loss, if that is what you decided. Instead, you apparently decided to ride it down.
Did Frank lie? Yep, won't find many to dispute that. The big dispute is why? Some attribute it to evil and greed. Others suggest it might have been necessary due to business decisions. Some say that no news is because all the news is bad, others say that something big is in the works and we won't hear a word until it is finished.
In the end, IMO, pinks are a legal form of gambling. I placed my bet and I'll reserve judgement until the hand is played through. Of course, others are free to do as they wish.
GLTY
You can add my name to Island and Bruisedpinata. I don't believe this game has been played out yet. Until it is, class actions, etc. are, IMO, premature. Even if the worst does occur, I would still hesitate to line the pockets of attorneys. I accepted the risks when I bought in the first time.
Re: Simpson Lawsuit
You might have to cut and paste the link below. It is to the MetroG Newslines;
Yes there is an article there about this yo yo Simpson's lawsuit against QTN.
There are actually 19 articles with his name on them and for a real hoot you might browse a few. This guy is certifiable IMO.
After reading a bit, consider. Have any of you ever seen, or can imagine, a contract that did not have a cancellation clause, enforceable by either party?
After reading some of this guys stuff, I would not be surprised if Frank exercised the cancellation clause and now the idiot is filing a lawsuit. Time will tell but before anyone gets their shorts all bunched up over this, I suggest waiting to see if it ever goes to court. Personally, I will be surprised.
http://www.metrog.com/cobrand/metrogtopban.gif%3BLH:60%3BLW:470%3BBGC:EEEEDD%3BT:%23000000%3BLC:%23800000%3BVLC:%23808080%3BALC:%23000000%3BGALT:%23008000%3BGFNT:%23000000%3BGIMP:%23000000%3BDIV:%23800000%3BLBGC:EEEEDD%3BAH:left%3B&domains=http://www.metrog.com&sitesearch=http://www.metrog.com&start=0&sa=N" target="_blank">http://www.google.com/custom?q=Archbishop+Bruce+J.+Simpson&hl=en&lr=&ie=UTF-8&oe=UTF...
Hi Sputnik,
Do you have link or something to show whether the O/S has increased since then??? TIA
i suffer from common sense... a tragic disease around here
Well the way you portray it, it is a disease. It's your opinion or its wrong?? Also, I have neither need nor desire to see every little "blog" that mentions QTN. Remember the last lawsuit with Oxygen?? Remember the result? Inconsequential, except to the people that wet their pants when they found out about it.
Well gotta run, have a good evening everyone.
Junk, I too thought it inconsequential. Just one of the common occurrences I would expect with any network. There will probably be more in the future. I've had Q since sometime in 2004 before the big run.
Oh just great!! Then we would have to watch "Sister Mary Hartman, Sister Mary Hartman".
The other alternative might be that they have something in progress (besides dilution) and don't want to endanger it by PR's or responding to shareholders. IMO the kind of shenanigans that the MM's are going through does not look like a market response of supply and demand. At this point, waiting does me no more harm since I can't lose much more but have still a potential gain of some degree.
This board also sounds like dozens of other pink sheet boards besides CMKX.
So how is this different from any other pink sheet stock? Since there is no reporting requirement for any of them, the CEO's can and do say just about anything.