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Why would someone pay a basher when the stock is tanking soo much that there are plenty of free bashers out there. If the stock was rising and someone was shorting then maybe but this stock in the last year has dropped becuase of dilution, and bad mgmt, no other reason. There just is no reason to 'PAY' a basher right now.
Last thanksgiving with almost no carriers, studio or hope we were at .004, we'll never get that decimal point back up unless frank eats too much turkey falls asleep and his partners go behind his back and release the audit!
The PPS only goes up when more people are willing to buy then sell. Unfortunately Frank has far more shares he's willing to sell then we have money willing to buy at these prices. FRank is killing this stock price. STOP DILUTING!!!
PR's like this get people to buy shares, but who is willing to sell at .0004. ONLY FRANK is willing to sell off billions of shares not any common shareholder I know that bought in above .0004 would sell. If volume is over 1 bill again it's probably just frank selling more shares.
Great news, Just look at Planet Out's financials, they only have 12m in the float with a stock price of 8 bucks. Why can't we get CEO's to run a company like that. When did Planet out reduce thier float from 44 billion to 12 million. :) Gee I don't think they ever had 60 Billion A/S.
When you deliberately state items in a PR that you know you can't meet but hope there is a spike because some investors believe you and buy more shares while you sell to make more money is called 'being taken advantage of'
I think an audit results will be out in the next month or two but I don't think it will be the type of figures that are required to report to the SEC. There are many pink sheet stocks that report to the SEC and the share price is still too low to move to a different exchange. From past pr's I don't think QBID will move to a different exchange. If frank can't move to a different exchange he will hold of filing with the SEC.
I feel the glbt community has great networking and spending power. Thats why QBID is #1 on these boards. Too bad Frank is taking advantage of the glbt investors. Yes he is building a network for all but at the expense of so many glbt investors.
'soon be reporting' when?
In a PR last february frank said they were working with a firm to become fully reporting, if your "soon" is anything like franks, "coming weeks" we are talking at least another year before an real SEC viable audit.
4 Billion traded last week with no one on this board selling, dilution continues for at least another week, Frank will be out of the 10 Billion pretty quick at this pace. Ask yourself who is selling billions of shares at .0004 and .0005. Keep an eye on issuing of more A/S. If that happens next week take your tax loss and get out, what little money you have left you might be able to invest in a reporting stock.
Has anyone on this board sold shares in the last week?
If your answer is no, then ask yourself who is selling billions of shares at such a low price?
More dilution?
Lots of questions with no answers.
The problem is that there are more people willing to sell than to buy. the fact that shares are being sold at .0004 means that dilution is still going on. I believe the billions of shares sold the last week are new to the float. I don't think most people on this board have sold in the last two weeks. Has anyone sold? Ask yourself who is selling a billion shares a day at these low prices, not us. Most of us are buying more to lower our buy in price in our portfolio. WHO is SELLING???
You trust Frank to build the network, He has built a great network that over the past year has grown and begun to get carriage all over the country. But...
He built it at the investors expense. You will not make money this year or next year or the next year. This network has been going up while the share price goes down. The share count is continuing to rise with a lowering share price. This scenerio never allows you to make money. Unless you get in at .0002 and sell at .0004. But many people put trust in frank at .005. For these people there will never be a profit.
DEMAND AN AUDIT NOW, CALL QTV AND DEMAND AN AUDIT EVERYONE.
wishfull thinking, you don't authorize more shares before a buy back. Demand an audit, call the company and demand figures!!
Stock correction? The stock price is correct. It's a supply and demand world, nobody is willing to buy but plenty (60 billion) to sell. Audit won't change fact that the float is huge, never be above penny with this float.
RCN was supposed to air in Chicago Oct. 17th, Does anybody know if it did and when, also how many subscribers have signed up in a month? Frank certainly wouldn't tell us.
a billion yesterday, a billion sold today, eight more days and frank will ask for more shares.
You will not see an audit, you might get some figures from frank, but it will not be an edgar audit and certainly won't satisfy the SEC.
Great post, you are so right about pps being tied to management and not programming or carriage!
You and skunks are correct! Franks job is not to make shareholders rich.
I can't stress enough that this is an investment board. It is our job as investors to get rich!! So don't try to post on this board if you goal is not to return money on your investments.
And a succesful qtv does not necessarily guarantee a return if the company issued too many shares and keeps the PPS down!!
I hope there is a run, I'm afraid the pps has gotten so low that a run would cause profit takers to sell off at .0008. Too many shares bought at .0004. We need buyback and reduction in O/S not increase.
I'm here for the PPS in this investor board, I only care about aquistions and carriage if the PPS goes up. I was in for the long haul (now only because selling I would lose 85).If the master plan is to be available to the whole country 5 years from now but at a cost of issuing more shares to do it, which in turn lowers the PPS I don't want more aquistions or carriage. A simple audit disclosure would be much more helpful to my investment.
How come you take it personal when I say something or Sputnik supposedly lies about you but you don't take it personal when frank lies to you and takes your money. Nobody on this board has taken your money like frank has.
He did raise the a/s, but if you are waiting for frank to tell you what they will be used for don't hold your breath or don't believe him if he does tell you. If you honestly think he just raised his shares to store in the treasury then you are just stupid!
In life we learn from experience, if you haven't learned from QTV that they have a problem holding on to shares then you have a learning disability.
It doesn't matter that they are using them for aquisitions or better programming. They just can't issue more shares.
You obviously haven't followed this company! Of course it means the o/s is increasing even if frank is restricting the new shares they are still part of the o/s.
so lies are unacceptable? then why do you defend Frank!!
Audit supposedly done on Oct 28 yet more shares filed before that and authorized on 11/7. How can the audit have been completed on the 28th when they were waiting for more shares?
can someone post the phone#
whizknock - Great post but missing one thing,
Does this company handle it's financing legal enough to be able to release an audit.
You're right about a sell off before the end of year. If no movement forward by then a lot of people who need the loss will sell off.
Does anybody know of a stock that has dropped to .0001 and rebounded back to at least a penny?
Might make my outlook brighter.
Don't kid yourself, He's not releasing the audit because the cops would come and arrest him. Or he needs enough time to take his limo to his plane and fly somewhere secluded so investors won't act like the hordes in the citibank commercials and go after him.
what's in your wallet? nothing because of q
All those figures from your post are making me sick! Why can't Q release pr's like that, ones with actual figures and big accounting words like EBITDA.
I wish i could sell Froy but that extra zero after the decimal point makes my investment pretty much worthless. I got in at 4/10th of a penny and it's down to hundreds of pennies. Just a bad investment with a company going nowhere. Too many shares to ever get the price to .001.
20 cents is a long way from .0005. A long, long, long way.
Don't compare Q to Siri. Sirius files financial figures and shows them to potential investors. Q has taken over a year to find the right people to do an Audit without making them look both stupid and criminal, which of course they still haven't seem to find the right accountant. People who compare the 2 companies just don't get it.
Isn't it illegal to post false PR's for your own monetary gain?
We are talking Millions of dollars, If you are right somebody should be in jail.
Frank mentioned moving to a new exhcange about a year ago, and many times has PR'd about an audit last winter/spring. Since this audit (not even sure if it the kind of audit the SEC wants to list on different exchange) is still not out, I believe FRANK is an idiot for mentioning it last winter. IF QTV never PR'd about an audit or mm manipulation or buybacks the PPS would be a lot higher. Mgmt PR's have killed this stock and there's just no exuse, get rid of the PR people or whoever is making the decisions to inform us. ONly PR credible facts!!!!
skunksyard- "I'm not going to second guess frank at this stage"
What about Last March 21st when he stated a group of investors were buying to .01
March 30th - we will be on 107 stations
May 2nd - we've hired more people to complete audit
June 14th - we're buying back shares
There are so many PR's that can be second,third and fourth guessed.
I agree the company seems to be moving in the right direction but it's these stupid PR's that don't come to fruition, that make everybody second guess FRANK. I believe like most on here that if someone with better business sense was issuing the PR's and keeping the world of investors informed with more truthful and accurate info the PPS would be higher.(and thats what we are here for $$$$, not a recap of the shows that nobody can see!!!
verifying #'s from frank or richard is the same as any poster on this board, just words, in fact i trust most posters more than frank.
Last week frank stated that the audit needed to be certified, then the next sentance stated they were meeting to discuss the certified audit. His double talk is just that 'double talk'.
By the way the bashers are beating the pumpers by a score of
0.12 for the bashers and .0005 for the pumpers.
It's absurd to compare Qbid to SIRius, when was siri ever below 10 cents! when did siri ever have 50 billion shares?
When did siri start trading? I think 2000. TMM has been around that long and keeps going down!
NO comparison at all.