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I dont understand why they go to Vegas for meeting...Why cant they it in a nearest McDonnald's?...What comes out of their meeting is another PR and a set of false promises...Nothing serious.
Agreed..but who is buying those shares?...It is by investors like you and me..Don't we sell back into same market it if we get a small profit margin?. What I am trying to say is that the arguement of running out of those shares doesn't make any sense to me.
The problem with Frank is his dementia...He completely forgot what he promised in the CC.
Looks like you are new to QBID..but let me tell you this. We are currently bloated with 44B O/S(including Franks shares). We need more carriers very soon otherwise Frank will futher dilute shares to pay for running cost and the private funding will add up to an uncontrollable level. Then forget about a price reversal.
Again I dont understand what it means by shares will be gone. Are the people buying those shares promise that they won't sell?.
I think the next few months are very critical for the very survival of Q television...If we dont get enough carriers and subscribers to breakeven, we will gradually see the end of this channel. Dear Frank, we need more actions from you, not mere promises.
QTN World News is finally back!.
Is Q dropping QTN WorldNews?. I dont see it anymore on daily schedule.
may be...but does this really matter?...the company can increase A/S at any time later.
dr, I think you are right...But probably this will be a good time to begin partial buyback if Frank is confident that the company will be profitable very soon. Right now PPS is very low(.0007). Suppose they buyback X number of QBID shares at .001, that means company has to pay additional 42% more than now. If Frank can find private investors to fund for buyback, the interest would be less than 20%. So now the big question is why Frank and his finance team is not buying back?...My thinking is that company doesnt seem confident to be profitable very soon(3-4 months) as stated by Frank in CC. It may take much more time to be profitable such as an year or two. Any time when we see this company is <seriously> buying back shares, that would be a good indicator that the company is going to be profitable soon.
I think now its a good time to buyback all the additional shares issued in '04-'05. Frank definitely has made 1 cent per share and raised atleast $30M by this transaction. Good for the company. I am okay if Frank uses this money solely for the growth of the company than any personal benefits.
What you can buy with 5 billion shares?...Logically Q needs to issue much more shares to aquire the assets that it has today. I agree with you that Frank did lie or hide facts from shareholders. That's why we all are pissed right now. Only time will tell whether his decisions were right or not. But I do think Q is in the right track as of today.
I think the shareholders should let Frank know about our dissent
Frank mentioned his interest in buying Mary Hartman series and that will be the only reason share count to be increased. Was he referring to increasing the current O/S of 44B to 50B or increasing the current A/S of 50B. Can someone explain it?
I hate to see anything recorded as "Goodwill" asset in the audit. IMO, a fair market value for film libray would be much more than a couple of millions. We are talking about over 2000 films collection.
Frank claims the film library with over 2000 films itself worth $750M. If true, that would be treated as a tangible asset, right?
this is a hundred year old stuff..:)
I dont think there is any new dump...Current float itself is huge that a news like today's can't move price by a tick. We need a R/S(10:1)
Does this mean we are available on Cox now?
Q Television Network Launches in Two New Time Warner Cable Divisions: Rochester and Syracuse; Linear 24/7 Gay & Lesbian Programming Available October 1
WTF is happening with this launch...Is it available yet?
Any update on Rochester and Syracuse roll out?
I was bit out of touch with Q for last couple of days...Can someone tell me what's going on with Oct 11th shareholder meeting...Is it finalized or just another Frank's #$%#$%?
The best thing to do is to stop trading QBID stocks until OCT 11th, otherwise it will hit .0001
what will happen to existing contracts if pps drops to .0001?
Rich's reply
============
The DVD should be completed shortly. I have put you on the list and I will personally see you receive your copy as soon as it is finished.
Regards,
Richard Brown
I think we will see confirmation of a carrier contract before Oct 11th. That's why Frank pushed shareholder meeting...Without some good news in hand, he wont be able to face shareholders.
I think Frank continues dilution of this stock...So expect further decline of PPS...If Frank doesnt come up with new carriers before December, Q will most likely loose 2006 Chicago games contract and existing carriers such as RCN and TWC.
Thanks...That means around 40B of QBID shares are traded publically..huh?
Can anybody answer my question.
Is preferred shares part of O/S?
Fine...Explain to me how do you account for 53% preferred shares owned by Frank?...It makes more sense to think that this 53% is not part of 19B he mentioned in PR.
Let me ask you this...Frank bought this studio, Film library ,signed deals, hired people ect...Do you think that by issuing just 10B(19B - 9B o/s in last year), he can buy all these stuff?
I think we do need a r/s(5:1) before moving to OTCBB
Before dilutition, share count was 10B...Now its 40B(including preferred shares). So if there were no dilution, the price should be 4 times the current pps(.0012) = ~.005
Cur,
I invested heavily in this company and am quite disappointed with the PPS...But if I look from other angle, the company is trying to establish itself...They do issue stupid PR to generate confidence among investors...The bottom line is they do need money to set up a television channel...I am kinda fine if Frank uses my money for the growth of the company than any personal benefits...Usually PPS will get better when the company is well established...Again this is a penny stock company...To me it means, it has the potential to loose all my investment or make me rich....A high risk game...My final analysis is that QTelevision is doing a good job to establish as a known channel and I am willing to accept hurdles in their path...The PPS is horrible and further dilution is even horrible...But there is a stage when QTv become profitable, they can buyback shares to reduce float...But the topmost priority is to build a good company and gain carriers and subscribers.
>1. Why didn't he edit the piece to reflect that they HAVE bought the teleport?
There is a psychological reasoning behind that. After reading investor information , everyone expected further dilution of QBID if they buy a teleport. But when the PR came, he said he didn't dilute shares. Investors were excited to hear that!
>2. What type of 9-figure offer?
IMO this just and imaginary figure from the dream Frank saw last night...How can he say it's billion when he said the market cap appraisal is around 150M...This a just an exaggeration from the CEO of a company, nothing else.
>3. What's with the $1,000,100,000 number in there? I really don't know to what he is referring.
He is referring to the total worth of the company. That includes 2B worth library and -900,000 for rest of the things. Figures doesn't match at all...He may need to go to a math school.
>5. WHEN will the investor DVD be available, which first was mentioned quite a long time ago?
This is another stupid statement that is never going to happen....If he really concerned about investors, just upload the DVD in a website..Its much cheaper and I can fund for that.
Frank said, Q Television's current value is two hundred million dollars which is 10 times market capitalization.
So, current market cap is : 20M
Price/share when PR aired: 0.0014
Therefore the float is: ~14B
Question to Q experts,
Is Frank's preferred stocks(~53%) part of 14B current float?
"Carriage -- Q Television has secured agreements with forty-five percent of the large cable carriers in the United States. Q Television has commitments from specific carriers ensuring availability into sixteen million homes by December 2005."..
I think Cox thing will happen very soon...In addition, TWC may expand to other states...And we currently have RCN...Are these carriers combinedly make 45% and 16M homes as stated in PR?...May be true....But I doubt by December 2005.
Subscribers -- Q Television's subscriber base is currently twenty-two thousand, and its expected subscriber growth rate going forward is twenty-five percent per month.
If the current growth is 25%/month and the current subscriber base is twenty-two thousand, what was the subscriber base 3-4 months back?.:)
is it the gay side of Hurricane Katrina?..:)
Do we have Cox Communications yet?...I sent a mail to their customer support and they said "no"...Didn't even tell they have plans of carrying it in future...So what was the basis of the last PR about this carrier?
You talk one side of the coin and I do see you are right to a certain extent...You always ignore the other sides of this company such as missed PRs, failure to complete audit, OS count etc...Simply because you beleive 100% in this company, you like to ignore any negative facts....I been reading your posts for a long time now and I never ever heard you saying a bad thing about this company..Is that because this company is perfect on all levels according to you?