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zeus you don't think it has something to do with the fact that VIACOM has several other channels out there with existing advertisers which would be easy to entice to advertise with LOGO, versus Q being a STARTUP channel will take a little time to ATTRACT advertisers who want to see what their advertising is going to get them?
I spend a lot in advertising and I know where I get the most bang for my buck and it is pretty rare when I go with a new venture right off the bat.
Aloha
In the long run this makes VERY good sense. To have select slots available for advertisers. Provided Q has an audience (large subscriber base) each slot will be worth more and quite possibly will attract the Fortune 500 advertisers looking for an exclusive chance to hit a captive audience. Frankie's definitely going through some rapid growing pains here but until you start seeing "Houston discontinues Q" type news all is good...except the PPS.
Comparing Q and LOGO is like comparing Walmart and COSTCO-2 different business profiles.
Aloha
I doubt they would be a lawsuit if the PPS was where it should be. Firestone (bad quality or not) has got some money tied up in this and should reasonably expect a return. 500 mil shares-restricted or not - at 2 cents is $10 mil. Seeing that drop to .0003 probably has not set well with them either and they need to collect if they can.
I think this will settle itself. Q is moving at a phenomenol pace in expanding IMO.
Back to Maui in the morning...sunny or not it's too cold here!
Aloha
got it Aloha
LOL that's about 5 years old...
Aloha
With any business there is going to be good and the bad...obviously both comapnies have their gripes and need to figure them out. If Firestone is actually messing with the signal it pretty much signs their death warrant with future dealings with TW and others-very unprofessional-either do a good job or just shut the siganl off.
Aloha
Yeah, That's it! Lets start calling Firestone!!! ((((NOT))))
It's pretty apparent that several here are much more gleeful when Q has bad news than good news...wonder why that is.
Aloha
This mirrors my opinion...From Investgo at zoo
Lawsuit -- After reading QTN's counter lawsuit (Pg 151) I am glad QTN broke away from Firestone. It was a strategic move by Frank to setup his own studio to get quality programming and prevent the chance of Firestone shutting us down. QTN would be significantly larger if it were not for all the problems it had with Firestone. If you get bad service that could potentially shut your business down and cause you to be sued by other companies, why would you pay for that service? You wouldn't. If what Frank said in his counter claim is accurate, don't you think he had to have other options to keep his business going because the relationship with Firestone had eroded? We should be grateful for Franks ability to keep us growing and getting us out of that bad situation.
Sorry don't have time right now to read anymore of it. What page are you referring too?
Aloha
I skipped...it looks like Firestone is putting out underquality products...you know the ones we use dto bitch about on the website.
Aloha
YAY!!!! I wish...
Last Trade: 0.003
Trade Time: 10:12AM ET
Change: 0.003 (900.00%)
Prev Close: 0.00
Open: 0.00
Bid: N/A
Ask: N/A
1y Target Est: N/A
Day's Range: 0.00 - 0.003
52wk Range: N/A
Volume: 98,899,612
Avg Vol (3m): N/A
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): N/A
Div & Yield: N/A (N/A)
"Olsen needs to get a clue." ????
He's in meetings with an international flavor, signing contracts weekly and you're on a message board posting anonomously telling him what to do...ROFLMAO gee, who do I pay attention too?
Aloha and out...
Looks real good to me. I'm not sure what a GLOBAL channel is worth but Frank is sure getting us out there! Overwhelming is a good word, just looking forward to the day I wake up an hour late and am overwhelmed once again at the severe uptick Q has been known to do!
Aloha
That's why they are here Skunks...
Aloha-nippy here in AZ this morning .
Gee skunks, I don't know why these guys don't like you...maybe you scare them! LOL
Good posts!
Aloha
your house!....didn't Frank tell you?
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I was in that place you used to teach High school...keep in touch I may be moving out in that area again next year. Much cheaper...
Aloha
Thanks UW! Hows Oahu treating you these days?
Aloha
sackey...your last sentence says it all!
"Our greed made us buy so deal with the results."
I can imagine some of these guys tearing up lottery tickets and jumping up and down on them cuz they only missed the jackpot by 4 numbers...and calling it rigged.
Aloha
Merlyn as long as he does that it will eventually turn around. For a start up company on the pink sheets right now can you show me another that has the potential of Q.
Aloha
merlyn...if it weren't for TW, COX, Brighton and RCN thinking the same way I do I would probably have sold a long time ago. These are BIG comapnies who are approached constantly by new channels competing for a limited bandwidth. Q made it and that speaks volumes for me.
Aloha
REALITY SUCKS...from RB
Naked shorting into $0.0001, or, **Cellar Boxing**
There’s a form of the securities fraud known as naked short selling that is becoming very popular and lucrative to the Market Makers that practice it. It is known as “Cellar boxing” and it has to do with the fact that the NASD and the SEC had to arbitrarily set a minimum level at which a stock can trade. This level was set at $.0001 or one-one hundredth of a penny. This level is appropriately referred to as “the cellar”. This $.0001 level can be used as a "backstop" for all kinds of market maker and naked short selling manipulations.
“Cellar boxing” has been one of the security frauds du jour since 1999 when the market went to a “decimalization” basis. In the pre-decimalization days the minimum market spread for most stocks was set at 1/8th of a dollar and the market makers were guaranteed a healthy “spread”. Since decimalization came into effect, those one-eighth of a dollar spreads now are often only a penny as you can see in Microsoft’s quote throughout the day. Where did the unscrupulous MMs go to make up for all of this lost income? They headed "south" to the OTCBB and Pink Sheets where the protective effects from naked short selling like Rule 10-a, and NASD Rules 3350, 3360, and 3370 are nonexistent.
The unique aspect of needing an arbitrary “cellar” level is that the lowest possible incremental gain above this cellar level represents a 100% spread available to MMs making a market in these securities. When compared to the typical spread in Microsoft of perhaps four-tenths of 1%, this is pretty tempting territory. In fact, when the market is no bid to $.0001 offer there is theoretically an infinite spread.
part 2
In order to participate in “cellar boxing”, the MMs first need to pummel the price per share down to these levels. The lower they can force the share price, the larger are the percentage spreads to feed off of. This is easily done via garden variety naked short selling. In fact if the MM is large enough and has enough visibility of buy and sell orders as well as order flow, he can simultaneously be acting as the conduit for the sale of nonexistent shares through Canadian co-conspiring broker/dealers and their associates with his right hand at the same time that his left hand is naked short selling into every buy order that appears through its own proprietary accounts. The key here is to be a dominant enough of a MM to have visibility of these buy orders. This is referred to as "broker/dealer internalization" or naked short selling via "desking" which refers to the market makers trading desk. While the right hand is busy flooding the victim company's market with "counterfeit" shares that can be sold at any instant in time the left hand is nullifying any upward pressure in share price by neutralizing the demand for the securities. The net effect becomes no demonstrable demand for shares and a huge oversupply of shares which induces a downward spiral in share price.
In fact, until the "beefed up" version of Rule 3370 (Affirmative determination in writing of "borrowability" by settlement date) becomes effective, U.S. MMs have been "legally" processing naked short sale orders out of Canada and other offshore locations even though they and the clearing firms involved knew by history that these shares were in no way going to be delivered. The question that then begs to be asked is how "the system" can allow these obviously bogus sell orders to clear and settle. To find the answer to this one need look no further than to Addendum "C" to the Rules and Regulations of the NSCC subdivision of the DTCC. This gaping loophole allows the DTCC, which is basically the 11,000 b/ds and banks that we refer to as "Wall Street”, to borrow shares from those investors naive enough to hold these shares in "street name" at their brokerage firm. This amounts to about 95% of us. Theoretically, this “borrow” was designed to allow trades to clear and settle that involved LEGITIMATE 1 OR 2 DAY delays in delivery. This "borrow" is done unbeknownst to the investor that purchased the shares in question and amounts to probably the largest "conflict of interest" known to mankind. The question becomes would these investors knowingly loan, without compensation, their shares to those whose intent is to bankrupt their investment if they knew that the loan process was the key mechanism needed for the naked short sellers to effect their goal? Another question that arises is should the investor's b/d who just earned a commission and therefore owes its client a fiduciary duty of care, be acting as the intermediary in this loan process keeping in mind that this b/d is being paid the cash value of the shares being loaned as a means of collateralizing the loan, all unbeknownst to his client the purchaser.
An interesting phenomenon occurs at these "cellar" levels. Since NASD Rule 3370 allows MMs to legally naked short sell into markets characterized by a plethora of buy orders at a time when few sell orders are in existence, a MM can theoretically "legally" sit at the $.0001 level and sell nonexistent shares all day long because at no bid and $.0001 ask there is obviously a huge disparity between buy orders and sell orders. What tends to happen is that every time the share price tries to get off of the cellar floor and onto the first step of the stairway at $.0001 there is somebody there to step on the hands of the victim corporation's market.
Once a given micro cap corporation is “boxed in the cellar” it doesn’t have a whole lot of options to climb its way out of the cellar. One obvious option would be for it to reverse split its way out of the cellar but history has shown that these are counter-productive as the market capitalization typically gets hammered and the post split share price level starts heading back to its original pre-split level
part 3
Another option would be to organize a sustained buying effort and muscle your way out of the cellar but typically there will, as if by magic, be a naked short sell order there to meet each and every buy order. Sometimes the shareholder base can muster up enough buying pressure to put the market at $.0001 bid and $.0002 offer for a limited amount of time. Later the market makers will typically pound the $.0001 bids with a blitzkrieg of selling to wipe out all of the bids and the market goes back to no bid and $.0001 offer. When the weak-kneed shareholders see this a few times they usually make up their mind to sell their shares the next time that a $.0001 bid appears and to get the heck out of Dodge. This phenomenon is referred to as “shaking the tree” for weak-kneed investors and it is very effective.
At times the market will go to $.0001 bid and $.0003 offer. This sets up a juicy 200% spread for the MMs and tends to dissuade any buyers from reaching up to the "lofty" level of $.0003. If a $.0002 bid should appear from a MM not "playing ball" with the unscrupulous MMs, it will be hit so quickly that Level 2 will never reveal the existence of the bid. The $.0001 bid at $.0003 offer market sets up a "stalemate" wherein market makers can leisurely enjoy the huge spreads while the victim company slowly dilutes itself to death by paying the monthly bills with "real" shares sold at incredibly low levels. Since all of these development-stage corporations have to pay their monthly bills, time becomes on the side of the naked short sellers.
At times it almost seems that the unscrupulous market makers are not actively trying to kill the victim corporation but instead want to milk the situation for as long of a period of time as possible and let the corporation die a slow death by dilution. The reality is that it is extremely easy to strip away 99% of a victim company’s share price or market cap and to keep the victim corporation “boxed“ in the cellar, but it really is difficult to kill a corporation especially after management and the shareholder base have figured out the game that is being played at their expense.
As the weeks and months go by the market makers make a fortune with these huge percentage spreads but the net aggregate naked short positions become astronomical from all of this activity. This leads to some apprehension amongst the co-conspiring MMs. The predicament they find themselves in is that they can’t even stop naked short selling into every buy order that appears because if they do the share price will gap and this will put tremendous pressures on net capital reserves for the MMs and margin maintenance requirements for the co-conspiring hedge funds and others operating out of the more than 13,000 naked short selling margin accounts set up in Canada. And of course covering the naked short position is out of the question since they can’t even stop the day-to-day naked short selling in the first place and you can't be covering at the same time you continue to naked short sell.
What typically happens in these situations is that the victim company has to massively dilute its share structure from the constant paying of the monthly burn rate with money received from the selling of “real” shares at artificially low levels. Then the goal of the naked short sellers is to point out to the investors, usually via paid “Internet bashers”, that with the, let’s say, 50 billion shares currently issued and outstanding, that this lousy company is not worth the $5 million market cap it is trading at, especially if it is just a shell company whose primary business plan was wiped out by the naked short sellers’ tortuous interference earlier on.
The truth of the matter is that the single biggest asset of these victim companies often becomes the astronomically large aggregate naked short position that has accumulated throughout the initial “bear raid” and also during the “cellar boxing” phase. The goal of the victim company now becomes to avoid the 3 main goals of the naked short sellers, namely: bankruptcy, a reverse split, or the forced signing of a death spiral convertible debenture out of desperation. As long as the victim company can continue to pay the monthly burn rate, then the game plan becomes to make some of the strategic moves that hundreds of victim companies have been forced into doing which includes name changes, CUSIP # changes, cancel/reissue procedures, dividend distributions, amending of by-laws and Articles of Corporation, etc. Nevada domiciled companies usually cancel all of their shares in the system, both real and fake, and force shareholders and their b/ds to PROVE the ownership of the old “real” shares before they get a new “real” share. Many also file their civil suits at this time also. This indirect forcing of hundreds of U.S. micro cap corporations to go through all of these extraneous hoops and hurdles as a means to survive, whether it be due to regulatory apathy or lack of resources, is probably one of the biggest black eyes the U.S. financial systems have ever sustained. In a perfect world it would be the regulators that periodically audit the “C” and “D” sub-accounts at the DTCC, the proprietary accounts of the MMs, clearing firms, and Canadian b/ds, and force the buy-in of counterfeit shares, many of which are hiding behind altered CUSIP #s, that are detected above the Rule 11830 guidelines for allowable “failed deliveries” of one half of 1% of the shares issued. U.S. micro cap corporations should not have to periodically “purge” their share structure of counterfeit electronic book entries but if the regulators will not do it then management has a fiduciary duty to do it.
merlyn, I was just as surprised as everybody else the AS was raised to 50 Billion and quite PO'd about it when it was first confirmed. But I am pretty sure that Frank entered into some of these deals (business deals don't happen overnight like some here seem to think) when the PPS was much higher and he indicated several times of his anger over the decline of such.
So for him to purchase the studio and NTI he was forced to
issue multiple times the amount of shares to cover the cost. I think both of these were good purchases though and as Frank has stated we did start with nothing.
As far as the audit goes...I experienced 18 months of delays from my corps accountants (Deloitte & Touche) before I fired them in September...so I can understand the part of missing deadline on that-totally out of his control.
And finally while all the shareholders think they should be privy to minute by minute updates of the companies every move, you need to understand that the competition snaps up every bit of info it can and will use it to their benefit not ours. And as far as being untruthful it may be to the long range benefit of QBID to do so-to a certain extent.
A couple of months ago I had heard a rumor (It was true but totally off base of what we were really doing) about my own company that had my competition worried. I just laughed and said we should start a couple of more.
The business world is a rough place and I can only imagine the gay business world is much rougher.
Hope that helps! Watching the PPS and reading the threads everday just make it all that much rougher...
Aloha
Sure is cold here though...LOL aloha
Bruised...good point....many of these prophets have stated they don't even own shares...and the ones who follow them tell us about drinking the Koolaid.
Obviously the PPS is in the toilet but given the progress of the company and the fact that Frank's dream probably doesn't include jail time I think that when the dust settles it will show just that-the company is on track.
I've been wrong before and I definitely am not happy at the present situation but it was MY choice to invest in a HIGH RISK startup and I can't blame that on anybody else.
Aloha
I saw that too, that's why I asked. Where is the connection to CFO? A rumor? I read a whole lot of posts but saw nothing about that.
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That was a bad choice of words on my part...and I deserve to get slapped for it. I'm out for the night.
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Can you prove that?
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That's where you and I differ...and why I'm not crying 24/7 like some people here.
Gotta go be back later
Aloha
click....
dr....Frank has stated he has 24 million of HIS own money invested here, his shares are not free.
Aloha
I'll second that...it's surprising how small of a bone (uptick) it takes to get everyone singing HALLELUJAH! again.
Hope it happens soon.
Aloha
LOL, I spent most of the last 6 weeks travelling myself. Just getting a quick dose. Whatever happened to the old days around here, when no one was on ignore?
Aloha
Ah did I hit a sore note MB? Don't come here to talk to myself, just to find out what's new in the stock I am in, I haven't seen you contribute much lately...
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I don't know and I'm not going to go back and look...that's one thing I don't do is tattle to Matt or anyone else. Ignore works just fine for me.
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Hi karenb...
When I feel like it....littleboy. ROFL
ALoha
man that's coyote ugly...
Aloha
That was probably the case, somethimes I get trigger happy...same with Geronimo who got on it the other nite. No offence...
Aloha
here's a quick example...
"Oh, so you don't think Im sweet?? Thanks dude! "
and then there's cur's bathroom comment that everybody giggled about. He shows his real maturity there and so did several others..
and then there's sputnik's "your a funny man" repeated enough that someone should have slapped him up side the head to get him onto to something new.
It kinda to each his own, I have other things to do than to read all that ALL THE TIME. There are other times you guys are fun to play with-you get irritated so easily. LOL When I was messing with cur I was actually waiting to see who showed up...and you all did.
BTW I'm holding .at 0003 because I want too...not because anybody told me I should. And I will buy more if it drops. Doesn't mean I am happy about the PPS I just don't see any reason on Earth to bash a stock that I own. DO YOU? Oh. that's right you don;'t own any....that's always a good reason to hang out somewhere.
And finally you have come up with some good stuf, more so than a lot on this thread. That's the only reason I click it off.
But when most of you pick on Skunks, who is theONLY one on the thread who can actually "see" what we are invested in makes one wonder.
Aloha
Sorry about the late reply I had to run one of my sons to soccer....