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Spot crude oil $51.15
Hey Skunks,
Remember this post only two months ago:
In reply to: skunksyard who wrote msg# 35097
Date:11/9/2004 10:40:32 AM
Post #of 72580
Well here we go...another...I got a call from Frank
Yes, Frank did call me back this morning (9:55 EST) and I must admit, he wasn't as cheerful as he has been lately...but then again, I got the call while I was at Sam's Club and the call DID interrupted a very nice conversation I was having....
Anyway, he did answer the question about LBS...it is still part of Triangle Multi-Media...for what ever that is worth.
Just wanted to let the board know...
Charlie T
Skunks,
It's about the whole company not just QTelevision. Something is not right!
SOMETHING NOT RIGHT WITH IR-PLEASE READ.
I just spoke with Rich at IR and he said he knew nothing about LBS and didn't know if it was part of QBID. He then called Renee and when he did not call me back I called him and he skirted the issue and said that LBS is not part of QBID. I asked him if it was part of TMM which is part of QBID and he skirted the issue. We need accountability. Something smells to high heaven now. This IR guy reminds me of the Shour IR firm we had a few years ago. Are we being scammed again?
Company News Service: Triangle Multi-Media Limited, Inc. President announces acquisition of new company
Palm Springs, CA, Nov 20, 2001 (M2 PRESSWIRE via COMTEX) -- Triangle Multi-Media Limited, Inc. (OTC - QBID) President, Frank Olsen, today announced the acquisition of a company called Liquidation by Satellite, or LBS. LBS is a liquidation company specializing in large inventories of television equipment, heavy machinery, electric equipment, education materials and other products primarily related to the airline industry. LBS began in 1991 and has continued to do business up to this date. LBS`s main source of merchandise is the Boeing Company. LBS has purchased and resold millions of dollars of merchandise over the past 10 years and, with the help of Triangle Mutli-Media Limited over the past 24 months, LBS has helped to open up the California market.
With the current downsizing of airlines, there are numerous inventories for sale. There are also numerous customers. LBS has a specialized list of customers developed over the last 10 years that have other uses for airline equipment and this customer list continues to grow. LBS owns Rolling stock and leases warehouses in several areas.
When the original founders of LBS sold their interest in 1994, they remained active in consulting and sales. During the year 2001 Triangle Multi-Media has been involved in sales, advertising and marketing for LBS, generating substantial income for QBID. Due to the health concerns of the remaining principals of LBS, they offered, as of the first of the year, to sell LBS to Triangle in exchange for stock.
Olsen stated, "We are happy to announce that as of today Triangle Multi-Media will be taking over the LBS operation. This will ensure that Triangle will have additional revenue to continue the development of Triangle Television Network.. Mr. Olsen stated, "This is a great time to be in the liquidation business. It`s all marketing and fits in well under the Triangle umbrella.
We believe this acquisition will have a major positive impact on our cash flow. LBS offices will be moved to 1000 East Tahquitzin Palm Springs, but the company will maintain its independence. We want to thank the previous owners of LBS for the confidence they have shown in Triangle Multi-Media by accepting Triangle stock as payment. This is a great achievement for us and will enable us to continue to put funds into our operation."
In reply to: skunksyard who wrote msg# 35097
Date:11/9/2004 10:40:32 AM
Post #of 72580
Well here we go...another...I got a call from Frank
Yes, Frank did call me back this morning (9:55 EST) and I must admit, he wasn't as cheerful as he has been lately...but then again, I got the call while I was at Sam's Club and the call DID interrupted a very nice conversation I was having....
Anyway, he did answer the question about LBS...it is still part of Triangle Multi-Media...for what ever that is worth.
Just wanted to let the board know...
Charlie T
IBCS -- International Broadcasting Corp.
Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
International Broadcasting Corporation Announces New Sponsor for ``Stock Talk LIVE'' Radio Show: IBAC Corporation
PHILADELPHIA, Feb 22, 2005 (BUSINESS WIRE) -- International Broadcasting Corporation (OTCBB:IBCS), announced today that it has signed on a new sponsor for its radio talk show "Stock Talk LIVE." IBAC Corporation (OTC:ICAN) is the latest sponsor for the show. "Stock Talk LIVE" is a fully interactive business radio talk show focused exclusively on micro-cap stocks. The show is "on-the-air" each and every stock market day from 9:30 AM to 4 PM EST.
Interactivity, interesting guests, and significant short-term trading opportunities are featured in each edition of "Stock Talk LIVE." Interviews, commercials, and news updates about IBAC Corporation will air on the show. IBAC Corporation will also get additional exposure on other programs that air on the IBC Radio Network.
About IBAC Corporation
IBAC Corporation is a food and beverage services/restaurant/hotel holding company based in New York, NY. IBAC Corporation operates through its subsidiaries, The Sanibel Restaurant Group, National Hospitality Management Services and The Royal Arkansas Hotel & Suites.
About IBC Radio Network
IBCS:
IBCS -- International Broadcasting Corp.
Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
International Broadcasting Corporation Announces New Sponsor for ``Stock Talk LIVE'' Radio Show: IBAC Corporation
PHILADELPHIA, Feb 22, 2005 (BUSINESS WIRE) -- International Broadcasting Corporation (OTCBB:IBCS), announced today that it has signed on a new sponsor for its radio talk show "Stock Talk LIVE." IBAC Corporation (OTC:ICAN) is the latest sponsor for the show. "Stock Talk LIVE" is a fully interactive business radio talk show focused exclusively on micro-cap stocks. The show is "on-the-air" each and every stock market day from 9:30 AM to 4 PM EST.
Interactivity, interesting guests, and significant short-term trading opportunities are featured in each edition of "Stock Talk LIVE." Interviews, commercials, and news updates about IBAC Corporation will air on the show. IBAC Corporation will also get additional exposure on other programs that air on the IBC Radio Network.
About IBAC Corporation
IBAC Corporation is a food and beverage services/restaurant/hotel holding company based in New York, NY. IBAC Corporation operates through its subsidiaries, The Sanibel Restaurant Group, National Hospitality Management Services and The Royal Arkansas Hotel & Suites.
twitch.........
Spot crude oil $49.40
IBCS International Broadcasting Corporation Announces New Sponsor for ''Stock Talk LIVE'' Radio Show: Hydroflo, Inc.
PHILADELPHIA, Feb 18, 2005 (BUSINESS WIRE) -- International Broadcasting Corporation (OTCBB:IBCS), announced today that it has signed on a new sponsor for its radio talk show "Stock Talk LIVE." HydroFlo, Inc. (OTCBB:HYRF) is the latest sponsor for the show. "Stock Talk LIVE" is a fully interactive business radio talk show focused exclusively on micro-cap stocks. The show is "on-the-air" each and every stock market day from 9:30 AM to 4 PM EST. Dennis L. Mast, President and Chief Executive Officer of HydroFflo, Inc., will be interviewed on Stock Talk LIVE for the first time on Tuesday, February 22, 2005 at 10 AM EST. The Interview will also be broadcast on WTMY-AM 1280, Sarasota/Tampa Florida. WTMY is the latest IBC Radio Network affiliate station.
Interactivity, interesting guests and significant short-term trading opportunities are featured in each edition of "Stock Talk LIVE." Interviews, commercials and news updates about HydroFlo, Inc. will air on the show. HydroFlo, Inc. will also get additional exposure on other programs that air on the IBC Radio Network.
About HydroFlo, Inc.
HydroFlo, Inc. (http://www.hydroflo.us) is a Business Development Company, as defined by the Investment Act of 1940. Headquartered in Raleigh, North Carolina, HydroFlo's core focus is to seek out synergistic acquisitions that will provide capital appreciation and income from its portfolio companies.
About IBC Radio Network
IBC Radio Network (www.IBCRN.com) is a radio service with a unique, all-talk format distributed coast-to-coast and worldwide to radio affiliates via satellite. Content includes business, news, science and paranormal content. IBCRN exclusively carries "Stock Talk LIVE."
skip,
They come out of the walls.......eom
Looks like the Magik worked.......eom
cough...............
It is time to envoke Magik:
Eveyone repeat three times;
Out of the nowhere, out of the air, out of the heavens to aid me I sware, pile upon pile of silver and gold, come without warning as you have been told. NOW!
NOT the news expected...YET
Just got off the phone with USCI. There was a 504 placement to raise $1,000,000 to build more tech. When the capital is raised selling will stop. It looks to me that they're almost there. There will be several news releases starting in a couple of weeks. No reverse is planned nor can one be made for at least a year they said. It looks like they're on the way to recovery. imo
It reminds me of CMKX and their 504. Perhaps they oversold the 504 placement and the MM are short. Time will tell.
Certified Development Company (504) Loan Program
The CDC/504 loan program is a long-term financing tool for economic development within a community. The 504 Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. A Certified Development Company is a nonprofit corporation set up to contribute to the economic development of its community. CDCs work with the SBA and private-sector lenders to provide financing to small businesses. There are about 270 CDCs nationwide. Each CDC covers a specific geographic area. (Find the CDC in your area.)
Typically, a 504 project includes a loan secured with a senior lien from a private-sector lender covering up to 50 percent of the project cost, a loan secured with a junior lien from the CDC (backed by a 100 percent SBA-guaranteed debenture) covering up to 40 percent of the cost, and a contribution of at least 10 percent equity from the small business being helped.
Maximum Debenture
The maximum SBA debenture is $1,000,000 for meeting the job creation criteria or a community development goal. Generally, a business must create or retain one job for every $50,000 provided by the SBA.
The maximum SBA debenture is $1.3 million for meeting a public policy goal. The public policy goals are as follows:
• Business district revitalization
• Expansion of exports
• Expansion of minority business development
• Rural development
• Enhanced economic competition
• Restructuring because of federally mandated standards or policies
• Changes necessitated by federal budget cutbacks
• Expansion of small business concerns owned and controlled by veterans
• Expansion of small business concerns owned and controlled by women
WHAT FUNDS MAY BE USED FOR:
Proceeds from 504 loans must be used for fixed asset projects such as: purchasing land and improvements, including existing buildings, grading, street improvements, utilities, parking lots and landscaping; construction of new facilities, or modernizing, renovating or converting existing facilities; or purchasing long-term machinery and equipment.
The 504 Program cannot be used for working capital or inventory, consolidating or repaying debt, or refinancing.
TERMS, INTEREST RATES AND FEES:
Interest rates on 504 loans are pegged to an increment above the current market rate for five-year and 10-year U.S. Treasury issues. Maturities of 10 and 20 years are available. Fees total approximately three (3) percent of the debenture and may be financed with the loan.
COLLATERAL:
Generally, the project assets being financed are used as collateral. Personal guaranties of the principal owners are also required.
ELIGIBLE BUSINESSES:
To be eligible, the business must be operated for profit and fall within the size standards set by the SBA. Under the 504 Program, the business qualifies as small if it does not have a tangible net worth in excess of $7 million and does not have an average net income in excess of $2.5 million after taxes for the preceding two years. Loans cannot be made to businesses engaged in speculation or investment in rental real estate.
repeat
Well Ron,
I hope tomorrow's news is substantial and not just more fluff.
Those alledged 123 stations can be another ruse for the daytraders. I hope not. And I hope we do in fact get news. QTelevision still needs more carriers for their 24/7 programming not just piecemeal stuff. And we especially need financials. We as shareholders should demand that QBID comply with all SEC rules. I would like to know a little bit more about Liquidation By Satellite(LBS), the other QBID subsidiary which we have not heard anything about.
VIVI: Viva Opens Dominican Sales Offices in Advance of Prior Plans and Prepares for Operations
MIAMI, Feb 15, 2005 (BUSINESS WIRE) -- Viva International, Inc. (OTCBB:VIVI) announced today its subsidiary Viva Air Dominicana, S.A. has officially opened its sales and operations offices in Santiago, Dominican Republic.
The sales office location is at 27 de Febrero on the ground floor of the Edificio PJ Building between Churchill and Lincoln and is strategically located adjacent to other major airline carrier sales centers in Santo Domingo. The Dominican offices were opened in advance of its planned March date in response to numerous requests from tour group operators, hoteliers and others seeking to establish and explore potential commercial relationships with Viva. In addition, the office location will double as a training center as the Company begins final phase preparations for the commencement of services.
Pier Bjorklund, a company spokesman, was quoted, "Officially opening our offices even slightly in advance of our plans sends a message to local tour operators, other commercial enterprises and the governmental authorities that we are ready to do business."
Mr. Bjorklund also added, "Viva Air has continued to work closely with the Dominican government and other local authorities to complete the certification process and to become a scheduled flag carrier of the Dominican Republic. The recently announced acquisition of San Juan Aviation (Cool Tours, Inc.) by Eastern Caribbean Air has created the opportunity for Viva Air Dominicana, S.A. to capitalize on immediate charter opportunities in the Dominican Republic and begin its program to create brand awareness during the certification process."
"In my opinion, the timing couldn't be any better, commented Oscar Hasan, President of Viva International, Inc. "People have been patiently waiting for us to be operational in the Dominican Republic for some time now. By taking advantage of the capability afforded us by utilization of the Eastern Caribbean Air connection (San Juan Aviation), we are in position to convert marketplace demand into revenues and begin the structuring of our first phase operational schedule."
Mr. Hasan has been on assignment in the Dominican Republic for the past 17 months working on the Viva business plan of an airline hub development in Santo Domingo, Dominican Republic. He continues to remain on location to oversee the development and preside over decision-making and direction needed to bring the Dominican hub into scheduled service. The Company expects, with formal governmental approval, to begin its scheduled service portion of its operations during March, 2005.
VIVI: Viva Opens Dominican Sales Offices in Advance of Prior Plans and Prepares for Operations
MIAMI, Feb 15, 2005 (BUSINESS WIRE) -- Viva International, Inc. (OTCBB:VIVI) announced today its subsidiary Viva Air Dominicana, S.A. has officially opened its sales and operations offices in Santiago, Dominican Republic.
The sales office location is at 27 de Febrero on the ground floor of the Edificio PJ Building between Churchill and Lincoln and is strategically located adjacent to other major airline carrier sales centers in Santo Domingo. The Dominican offices were opened in advance of its planned March date in response to numerous requests from tour group operators, hoteliers and others seeking to establish and explore potential commercial relationships with Viva. In addition, the office location will double as a training center as the Company begins final phase preparations for the commencement of services.
Pier Bjorklund, a company spokesman, was quoted, "Officially opening our offices even slightly in advance of our plans sends a message to local tour operators, other commercial enterprises and the governmental authorities that we are ready to do business."
Mr. Bjorklund also added, "Viva Air has continued to work closely with the Dominican government and other local authorities to complete the certification process and to become a scheduled flag carrier of the Dominican Republic. The recently announced acquisition of San Juan Aviation (Cool Tours, Inc.) by Eastern Caribbean Air has created the opportunity for Viva Air Dominicana, S.A. to capitalize on immediate charter opportunities in the Dominican Republic and begin its program to create brand awareness during the certification process."
"In my opinion, the timing couldn't be any better, commented Oscar Hasan, President of Viva International, Inc. "People have been patiently waiting for us to be operational in the Dominican Republic for some time now. By taking advantage of the capability afforded us by utilization of the Eastern Caribbean Air connection (San Juan Aviation), we are in position to convert marketplace demand into revenues and begin the structuring of our first phase operational schedule."
Mr. Hasan has been on assignment in the Dominican Republic for the past 17 months working on the Viva business plan of an airline hub development in Santo Domingo, Dominican Republic. He continues to remain on location to oversee the development and preside over decision-making and direction needed to bring the Dominican hub into scheduled service. The Company expects, with formal governmental approval, to begin its scheduled service portion of its operations during March, 2005.
PMHJ - PrimeHoldings.com and Target Communications, LLC Announce the Addition of 2 New International Destinations
2/15/2005 1:30:09 PM
SALT LAKE CITY, Feb 15, 2005 /PRNewswire-FirstCall via COMTEX/ -- PrimeHoldings.com, Inc. (OTC: PMHJ.PK), a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the addition of two (2) new international destinations to their product offering.
"This week Target finished the provisioning and testing of two new international routes to Honduras and Nigeria which will be incorporated into its product offering. This comes on the heels of Target finalizing a significant arrangement to add 53 new cities in Mexico to its international portfolio which is projected to add an additional $200,000 in revenues. We expect these new city destinations to generate considerable new revenue and add a nice level of diversification to our offering," said Thomas Aliprandi, Primeholdings' CEO. "We are enthused about our continued success in the expansion of our Mexico offering while making our services more attractive to our clients through product diversification," said Aliprandi.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Spot crude oil $47.54
LMMG
Tuesday , February 15, 2005 00:47 ET
Feb 15, 2005 (financialwire.net via COMTEX) --February 15, 2005 (FinancialWire) LMIC Inc. (OTCBB: LMII), Limelight Media Group (OTCBB: LMMG), Lexington Resources (OTCBB: LXRS) and Manhattan Pharmaceuticals (OTCBB: MHTT) are among some 112 over-the-counter bulletin board companies identified on the most recent NASDAQ "Threshold Security List" mandated by U.S. Securities and Exchange Commission Regulation SHO.
The list, at http://www.nasdaqtrader.com/aspx/regsho.aspx , purportedly lists all those companies, for which over a period of five consecutive settlement days, there are aggregate "fails to deliver" at a registered clearing agency of 10,000 shares or more, and the levels of fails is equal to at least 1/2 of 1% of the issuer's total shares outstanding. The site has recently begun listing additional securities under separate spreadsheets, further confusing the true numbers.
The list, which is the latest in the ever-widening Stockgate scandal, has created some controversy, with hundreds of stock symbols disappearing since the initial posting in mid-January, 2005, and with many detractors claiming the list is barely the tip of the iceberg, missing hundreds of companies that have been subjected to alleged naked short selling, as well as not consistent with a paper, "Strategic Delivery Failures in U.S. Equity Markets" published under the aegis of the SEC.
The referenced working paper by University of New Mexico Professor Leslie Boni was initiated while the author was visiting financial economist at the SEC.
She termed the "failures to deliver," which litigants have called "counterfeiting," as being "pervasive."
The professor said that a whopping 42% of listed stocks at the New York Stock Exchange, NASDAQ and AMEX, and 47% of unlisted stocks in the OTCBB and Pink Sheets had persistent fails of 5 days or more with 4% being above the SEC's threshold limits for failures.
The economist pointed to a study conducted by Evans, Geczy, Musto, and Reed in 2003 that provided evidence that while the SRO's have buy-in requirements, such buy-ins almost never occur. She noted that an audit of one market maker showed that all or a portion of shares in 69,063 transactions during 1998-1999 were "fails to deliver."
"The market maker was bought-in on only 86 of these positions," she stated.
Yet NASDAQ (OTCBB: NDAQ) was recently listing only 123 companies on the NASDAQ, OTCBB and Pink Sheets, which together comprise the overwhelming bulk of public companies traded in the U.S. The list changes to some degree each day.
The original list had identified 520 securities, including the stocks of 57 recent PIPE issuers, according to The PIPES Report, in an article headlined "SHO What?." That list had 379 traded on the NASDAQ, Bulletin Board and Pink Sheet markets, 68 on the AMEX and 73 traded on the NYSE.
The report quoted Merrill Lynch (NYSE: MER) global equity trading specialist Mary Ann Bartels of suggesting "increased volatility" and "extended rallies" in small and mid cap stocks could result, Rhodes Analytics highlighted 33 NYSE and 63 NASDAQ "dangerous shorts" which analyst Bill Rhodes believed are "vulnerable to squeezes which could last through the middle of February, when the initial phase of Reg SHO-mandated buy-ins of threshold stocks are expected to peak?"
But a funny thing happened. The 379 NASDAQ threshold stocks included only 24 bulletin board stocks, along with 56 NASDAQ-traded stocks and a whopping 254 Pink Sheet quoted stocks, which the Dow Jones (NYSE: DJ) Newswires was quoted as saying happened to be "every fully-reporting company traded on the Pink Sheets."
Professor Boni's report showed that "during three random market days inlate 2003 and early 2004 that almost 60% of the stocks on the Bulletin Board and Pink Sheets had persistent settlement failures," according to The PIPES Report. "Among the 1,790 OTCBB and Pink Sheet stocks with failures, the average level of delivery failures equaled 1.56% of outstanding shares ' almost three times the level that would trigger threshold status under Regulation SHO."
In a December 13 conference call, Richard Bernstein, Bear Stearns' (NYSE BSC) senior managing director of operations, told the firm's brokers that almost 800 OTCBB and Pink Sheet securities would exceed threshold levels.
Although every single reporting Pink Sheet stock was listed, the list included less than 1% of the 3,200 Bulletin Board companies. And several de-registered companies with no trading activity were also inexplicably included.
I don't really think the list is complete," Jeffrey Meyerson, vice president at Crown Financial was quoted as saying. "I don't think they got everything done in time for the deadline."
For an explanation, an SEC spokesperson told The PIPES Report to check with NASDAQ, and NASDAQ pushed off queries to the NASD, who just didn't respond."
An even bigger surprise than the lack of suspect companies on the list, however, was the sudden disappearance of 270 stocks in one day, including all but one on the Pink Sheets and all but nine now on the OTCBB, which, according to The PIPES Report, suggests "that a settlement crisis several years in the making, affecting the most under-regulated and least compliant sector of the public equity markets, had been resolved in less than a week without executing a single mandatory buy-in."
General Electric's (NYSE: GE) NBC Dateline, which is purportedly preparing a major expose of the Depository Trust and Clearing Corp., and the alleged almost $1 billion in "borrowed" ' some say counterfeited" ' certificates that have reportedly been lent out above the legal issued shares by hundreds of companies, and the Christian, Smith, Wukoson and Jewell, and OQuinn, Laminack and Pirtle legal challenges being filed for dozens of such companies, is also reportedly looking into the threshold securities that can only be described as "missing in action."
SUCH AS LMMG
Burrell said the lawsuits allege a vast conspiracy to manipulate all stocks, and "provide substantive proof of manipulation." He said that the suits allege 7,500 companies have been bankrupted since November, 2000, by illegal naked shortselling and conspiratorial manipulations, resulting in a loss of $17 trillion in market cap, "greater than all the losses in the 1929 market crash."
He said that shares are electronically counterfeited by the stock borrow program which the Depository Trust and Clearing Corp., owned by the New York Stock Exchange and the NASD, acquired in its purchase of National Stock Clearance, and then misused its "stock borrow program" to create, through its "nominal ownership provisions," a no-limit "and illegal" hypothecation system that results in revenues of almost $1 billion annually.
He said naked short sales were outlawed by Sections 5 and 6 of the 33 Securities Act, due to their contribution to the '29 Wall Street Crash, which was followed by ten years of depression.
Burrell told the StreetSignals audience that the DTC "nominally owns $22 trillion in stocks and bonds." He said it even lends out certificates acquired via ERISA and retirement accounts that are "not eligible" for such lending, and is a violation of Federal Reserve margin rules.
He said the failures of oversight by the SEC and the Congress in this matter are massive, and continue to contribute to overseas money laundering, organized crime, and financing of terrorism.
WOW, I wonder why they didn't release this during the week when the market is open. Looks good.
I'm tired of scratching....are we near.....
A Gay Gene
10-Feb-2005
Newswise -
Scientists have looked in vain for years for a gay gene, and now a researcher may have finally found one. By searching the entire human genome for genetic markers for male sexual orientation, he has identified several areas that appear to influence whether a man is heterosexual or homosexual.
Brian Mustanski, working at the National Institutes of Health, found stretches of DNA that appear to be linked to sexual orientation on three different chromosomes in the nucleus of the male cell. He says, "There is no one 'gay' gene. Sexual orientation is a complex trait, so it's not surprising that we found several DNA regions involved in its expression. Our best guess is that multiple genes, potentially interacting with environmental influences, explain differences in sexual orientation."
The DNA of 456 men from 146 families with two or more gay brothers were analyzed. While earlier studies had focused only on the X chromosome, the new study examined all 22 pairs of non-sex chromosomes in addition to the X chromosome. Women have two X chromosomes, while men have one X and one Y. The X chromosome is always inherited from your mother, while your father can pass along either an X or a Y chromosome.
Identical stretches of DNA on three chromosomes were found to be shared in about 60% of the gay brothers in the study, compared to about 50% that would be explained by chance.
"Our study helps to establish that genes play an important role in determining whether a man is gay or heterosexual," says Mustanski. "The next steps will be to see if these findings can be confirmed and to identify the particular genes within these newly discovered chromosomal sequences that are linked to sexual orientation."
itch.......
Mellon Research, Inc. Corrects Previous Press Releases
SCOTTSDALE, Ariz., Feb 4, 2005 (BUSINESS WIRE) -- Mellon Research, Inc. (OTCBB: MLON.PK) is issuing this press release in order to provide corrections of information contained in previously issued press releases. The information contained in previously issued press releases should not be relied upon.
Business Model and Services
Mellon Research's business model is to provide consulting and venture capital advisory services to microcap public and private companies. In this connection, it seeks to provide advice regarding corporate structure, financial and marketing to help its client companies position themselves to raise capital, go public or otherwise carry on their business plans. Mellon is not an investment banking firm or a registered broker-dealer and it does not provide securities brokerage services.
Securities and Exchange Commission (SEC) Investigation
The SEC is conducting a formal investigation of the Company. The Company and Mario Pino, its sole officer, director and a principal shareholder, intend to cooperate fully in such investigation. The SEC's investigation has recently commenced and the Company can offer no assurances or predictions regarding the outcome of such investigation.
Earnings Forecasts and Valuations
The Company has retained an independent public accountant, who is conducting an audit of its results for 2004. As a result, it will not know its operating results for fiscal 2004 until the audit is completed. Further, the Company will not issue any forecasts regarding its financial results for 2004 or 2005. It disclaims and withdraws any prior forecasts of operating results.
The foregoing policy of the Company not to forecast also pertains to any past announcement of levels of fees or the value of securities in companies received for consulting services or otherwise or received in exchange for stock of Mellon. The Company disclaims and withdraws any prior forecasts of the amount of fees received or to be received or the value of the stock positions that it holds in other companies, including, but not limited to, Intellective Communications, Inc., Pearl Asian Mining Industries, Inc., Wall Street Securities, Inc., Equity Retirement Distributors Canada, Ltd., Western Pacific Minerals, Ltd., and Riverbank Investment Corp.
Value of Mellon Research and Offers to Sell the Company
The Company is not engaged in a tender offer with any third party and it has never solicited a tender offer for the Company at any price per share from third parties. There have been no bona fide or written offers from any third party to make a tender offer for the Company at any price per share, including but not limited to $.05 or $.10 per share.
Dividends
Mellon Research is required to comply with both federal and state securities laws. These laws impose certain requirements relating to distributions or dividends to shareholders. These regulatory requirements apply to the shares of Wall Street Securities distributed to the Company's shareholders as a dividend. The shares of Wall Street Securities may not be traded in the public market until the Company satisfies such regulatory requirements. The Company is analyzing whether or not its business model of distributing shares of subsidiaries, such as Wall Street Securities, or other securities in its portfolio to its shareholders is feasible under present circumstances.
Transactions/Projects
The Company has terminated its relationships with the following companies without the rendering of any services or receiving of any compensation: SurfNet Media Group, Inc.; a client in Cabo San Lucas, Mexico relating to a real estate development; and Deal Flow Advisors, LLC. Further, it is not pursuing any acquisition, license or similar arrangement to obtain the Kidder, Peabody name. Neither the Company nor Club XTReme plans to open clubs or have online gambling or sports betting.
Financings for Mellon
The Company is not raising any significant investment capital from third parties nor has it done so. It is also not offering to sell positions in the Company to any third party, including major money center banks or other institutional investors. Specifically, the Company never received a bona fide or written offer from a third party to invest $10 million in the Company.
Share Buy-back Program
While the Company recently purchased approximately 70 million shares at or about market prices, it has suspended all buy-back activities at this time.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based largely on Mellon Research's expectations or forecasts of future events, can be affected by inaccurate assumptions and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the Company's control. Therefore, actual results could be differ materially from the forward-looking statements contained herein. A wide variety of factors could cause or contribute to such differences and could adversely impact revenues, margins, profitability, cash flows and capital needs.
MLON:Mellon Research, Inc. Corrects Previous Press Releases
SCOTTSDALE, Ariz., Feb 4, 2005 (BUSINESS WIRE) -- Mellon Research, Inc. (OTCBB: MLON.PK) is issuing this press release in order to provide corrections of information contained in previously issued press releases. The information contained in previously issued press releases should not be relied upon.
Business Model and Services
Mellon Research's business model is to provide consulting and venture capital advisory services to microcap public and private companies. In this connection, it seeks to provide advice regarding corporate structure, financial and marketing to help its client companies position themselves to raise capital, go public or otherwise carry on their business plans. Mellon is not an investment banking firm or a registered broker-dealer and it does not provide securities brokerage services.
Securities and Exchange Commission (SEC) Investigation
The SEC is conducting a formal investigation of the Company. The Company and Mario Pino, its sole officer, director and a principal shareholder, intend to cooperate fully in such investigation. The SEC's investigation has recently commenced and the Company can offer no assurances or predictions regarding the outcome of such investigation.
Earnings Forecasts and Valuations
The Company has retained an independent public accountant, who is conducting an audit of its results for 2004. As a result, it will not know its operating results for fiscal 2004 until the audit is completed. Further, the Company will not issue any forecasts regarding its financial results for 2004 or 2005. It disclaims and withdraws any prior forecasts of operating results.
The foregoing policy of the Company not to forecast also pertains to any past announcement of levels of fees or the value of securities in companies received for consulting services or otherwise or received in exchange for stock of Mellon. The Company disclaims and withdraws any prior forecasts of the amount of fees received or to be received or the value of the stock positions that it holds in other companies, including, but not limited to, Intellective Communications, Inc., Pearl Asian Mining Industries, Inc., Wall Street Securities, Inc., Equity Retirement Distributors Canada, Ltd., Western Pacific Minerals, Ltd., and Riverbank Investment Corp.
Value of Mellon Research and Offers to Sell the Company
The Company is not engaged in a tender offer with any third party and it has never solicited a tender offer for the Company at any price per share from third parties. There have been no bona fide or written offers from any third party to make a tender offer for the Company at any price per share, including but not limited to $.05 or $.10 per share.
Dividends
Mellon Research is required to comply with both federal and state securities laws. These laws impose certain requirements relating to distributions or dividends to shareholders. These regulatory requirements apply to the shares of Wall Street Securities distributed to the Company's shareholders as a dividend. The shares of Wall Street Securities may not be traded in the public market until the Company satisfies such regulatory requirements. The Company is analyzing whether or not its business model of distributing shares of subsidiaries, such as Wall Street Securities, or other securities in its portfolio to its shareholders is feasible under present circumstances.
Transactions/Projects
The Company has terminated its relationships with the following companies without the rendering of any services or receiving of any compensation: SurfNet Media Group, Inc.; a client in Cabo San Lucas, Mexico relating to a real estate development; and Deal Flow Advisors, LLC. Further, it is not pursuing any acquisition, license or similar arrangement to obtain the Kidder, Peabody name. Neither the Company nor Club XTReme plans to open clubs or have online gambling or sports betting.
Financings for Mellon
The Company is not raising any significant investment capital from third parties nor has it done so. It is also not offering to sell positions in the Company to any third party, including major money center banks or other institutional investors. Specifically, the Company never received a bona fide or written offer from a third party to invest $10 million in the Company.
Share Buy-back Program
While the Company recently purchased approximately 70 million shares at or about market prices, it has suspended all buy-back activities at this time.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based largely on Mellon Research's expectations or forecasts of future events, can be affected by inaccurate assumptions and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the Company's control. Therefore, actual results could be differ materially from the forward-looking statements contained herein. A wide variety of factors could cause or contribute to such differences and could adversely impact revenues, margins, profitability, cash flows and capital needs.
QBID: Q Television Network Covers Super Bowl XXXIX; Q Television to Cover the Gay Side of the Super Bowl
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."
About Q Television Network
This television network was organized to create and develop a network devoted to providing television programming for the gay and lesbian community. While the company expects much of its subscriber base to be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public. The company's programming will be available on a subscription basis to those desiring its programming. The network will broadcast 24 hours per day, 7 days per week. Providing distribution via satellite ensures availability of the network across the United States, including Alaska, Hawaii and Puerto Rico. For further information on programming and subscriptions, please visit www.qtelevision.com.
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