well josh please don't feel bad if some of the posters jumped on you, we are all very emotional after getting beat up. I'm sure you are a good person and I hope you get back your losses, although it would probably be wise to stick your money in other stocks until we get some solid proof that the new management is serious about building value for the shareholders. we certainly won't be falling for bs PRs this time.

oh man thats a funny photoshop, you actually made me laugh which is rare thing now when i am reading this board.

then i don't know, maybe you should pose that question to your broker's customer service dept., only they would have answers.

have you ever recieved markers for other pink sheet stocks?

whats goin on there mr. g? good to see an old face again even though its not under the best of circumstances. :)

perhaps e-trade got ahead of itself and converted your shares before the TA actually delivered them, and perhaps e-trade converted them back to avoid confusion for the shareholders on why they couldn't sell. i would give it 2 weeks before you start worrying. if you haven't been converted in 2 weeks maybe something is fishy then.

well, you really have to take the stuff on rb with a big grain of salt. maybe the TA hasn't delivered the new shares yet. customer service at ameritrade told me they hadn't recieved the new shares yet.

what is the history on that, could you go into more detail for those of us not in the know?

putting all of your savings on this would be incredibly foolish given the history of this shell. lots of people lost everything the first time around, and we have not seen anything to make us believe the new management is any better.

Depends on who your broker is. Ameritrade told me it could be 10 days.

What track record does Cinemax have exactly? Please enlighten us.

the thing that worries me is one of cinemax's stated activities is "gap funding" of movies that run over budget. i am wondering if that translates into repeat dilution. i really hope not.
http://www.cinemaxpictures.com/index.html
read the third item under "About Cinemax"

like i said i don't really think we are naked shorted very much. the cinemax pr admited we had been massively diluted by frank.

well since we are 95% lower than we were yesterday, it will be all the cheaper to cover, although i am not so sure that we are actually naked shorted.

sure, mine is:
what is he going to do about the stock price. :)
gdvi has always been one of the few reliable pennies for me, i would hate to give up on it too.

I tried to get a class-action suit started years ago but noone would get on board.

this is from the cinemax site:

http://www.cinemaxpictures.com/merge.html
Stockholders whose shares are held in electronic format do not need to submit old certificates for exchange. Their respective accounts will automatically be adjusted to reflect the new quantity of shares, based on the exchange ratio

so the way i read that, i do not have to pay anything to convert the shares still in my electronic account.

do holders of electronic certs have to pay for conversion?

don't feel bad dude i am right there with you, i have 9.5 million shares at a cost of $13.9k. I got in right before the peak, and kept averaging down until a couple of months before the signal went off the air. the only good thing i can think of is, i'm glad the r/s announcement came out before i averaged down any further. at least the money i moved into my account on tuesday will still be there.

i doubt it, you are going to have lots of people wanting to sell and few wanting to buy. i think the price is going to drop like a rock. my personal opinion of course.

i think its a pretty safe bet the o/s were maxed out around 350 billion. of course this is my personal opinion.

most of the people who have more than 1 million shares had been sinking money into this from the peak and stand to lose the most. I really don't see how its fair to give the microholders preferential treatment.

I was reading on another site a canadian poster had some certs pulled a while back and was finding it impossible to put them back into his brokerage account. Apparently the very brokerage company that had pulled them for him wanted nothing to do with them.

i agree it is messed up. seems like the thing to do is buy 100 shares if you are not already in. people with over 50k are really screwed.

so what day is the r/s supposed to happen?

the r/s is not really the bad thing, its the possible tidal wave of dilution that may follow that sucks, and the sell off from disgruntled longs.

why would anyone short it that much? wouldn't it be impossible to cover?

i remain skeptical.

what information are you basing this on, please enlighten us. if i have to choose between believing we were massively diluted by frank or we were massively naked shorted by MMs, I find it easier to believe frank diluted us. of course if you have real info supporting the naked short theory please post it, i'm willing to entertain the idea if you have real information, not rumors.

please trim your post and bold the relevant part. i fail to see how reposting the old faq from cinemax clarified any of the questions raised by the PR.

you left an interesting part off of the marketwatch post you transcribed. this is listed after the investor relations email address, notice the part I have bolded:

A warning regarding forward-looking statements This press-release may contain forward-looking statements regarding future events or the future performance of Triangle Multi Media and / or Cinemax Pictures and Production Company International (the "Companies"). Words such as "anticipates," "expects," "intends," "plans," "believes," "may," "will," and variations of these words or similar expressions are intended to identify forward-looking statements. These statements speak only as of the date hereof. Such information is subject to change, and we will not necessarily inform you of such changes. Actual events or results, of course, could differ materially and adversely from those expressed in any forward-looking statement. Among the important factors which could cause the Companies actual results to differ materially and adversely from such forward-looking statements are the intense competition in its industry and its need to stay on the forefront of development of business within its industry. As a private company, Cinemax stock is currently not listed on any United States stock exchange or market, and the Company does not currently make filings (e.g., Forms 10-K and 10-Q) with the Securities and Exchange Commission under the Securities Exchange Act of 1934.

So they put the QBID ticker at the opening of the PR, but the disclaimer says they are a private company which is not publicly traded. So which are they? You are either one or the other you can't be both.

believe me dude, i want to unload just as badly as you do.

i dunno. i think if was going that direction, it would have already happened.

i think best scenario is a r/s, worst scenario is the stock gets liquidated. might as well wait and see, since we are already at the bottom we have nothing to lose. of course i am not endorsing buying any more shares either.

anyone know what happened to the ticker? delisted, liquidated? just curious.

whats up doc? long time no see.

maybe he took some time off when the subprime meltdown started.

he's still active on other boards on this site.

well if we do somehow see a profit and cinemax turns out to be a real company, they should do a movie on the qbid story, more melodrama here than in a daytime soap opera. I think alot of the old board people should have cameos too. Irishbull, florist, skunksyard. heh. all in fun of course guys.

12.5k here. hurts alot when you are under 30 years old. :)