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Frankie,
Too hard to answer your questions on a stock when it resides in pink land. :(
Pandora,
I once was in this stock - and it actually had a bounce to a point where my money was almost doubled - of course I hung on...
This stock is going nowhere - the website was probably down because he didn't pay his server bill. The website hasn't been updated in almost a year...it's just bad news.
I got out @ even money thank god...and it sucks because I spent the time to form this QRVI board here on investorshub.
Life goes on...gotta love pink land!
All you have to do is hold your shares and not sell? I'm pretty sure thats what many QBID shareholders (including myself) were saying a year ago.
Haven't you heard of dilution? It's quite possible...esp. w/ the share count what it is for this stock - it's possible dilution will and can take place if it hasn't happended already.
WELCOME TO PINK LAND
Itesprit,
Great post. I'm sure I speak for many shareholders when I say we appreciate your constant investigating, etc.
Thank you,
A Royally Fu**ed Shareholder
lovetoseegreen,
Welcome to the QRVI family. Enjoy!
Here we go AGAIN...maybe it will hold!!!
Well I'm still here - I didn't sell off any at all when we were at the peak. I'll just ride it out and hope for the best....
GO QRVI!!!!!
socal,
my gf and i just might take you up on that offer...we live in huntington beach...
im on my way to vegas as we speak...wish me luck
go qqqqqqqq
Alrite, I worked on the Sony lot in Culver City for a year or so. This is where Jeopardy and Wheel of Fortune is recorded! According to the below press release released today, Frank claims this new studio which was purchased by Q was home to Jeopardy and Wheel of Fortune. How could this be???
Sony is in Culver City (not Burbank) and I highly doubt Sony would sell one of their stages on their lot that they've been using for Jeopardy and Wheel of Fortune for a LONG time.
``This turn-key facility, which has been the home of ''Jeopardy`` and the ''Wheel of Fortune,`` is state of the art and will make our transition out of Dallas quite seamless,'' said Frank Olsen, President, CEO and Founder of Q Television Network. ``Our Partnership with Firestone has never been stronger, but our growth required us to obtain an independent studio of our own. Media City equips us with all the necessary technology and space to create, produce and shoot all of our original programs. Q Television is now extremely visible to the media universe because of our own studio in close proximity to the most famous studios in the world. We are extremely pleased with this purchase, and the added income that the studio will bring in will reduce our monthly liability by 73 percent.''
My average price is .0015. I've made a quite a bit...
GO QRVI!
NSS_Boss,
Yes, thats the PR I'm wondering about too!!!
Could there be no movement in the PPS because newbies wanting to jump in have to wait 4-5 days for their money to settle before they can buy shares?
Quality Restaurant Ventures Announces Opening of New Orlando Restaurant
Friday July 15, 9:35 am ET
HEATHROW, Fla., July 15 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures Inc. (OTC Pink Sheets: QRVI - News) announced today that it has opened a new Sobiks Sub Shop restaurant at 4519 North Pine Hills Rd, in Orlando, Florida 32818. There are now over 40 locations in the popular sub chain, with several additional locations opening in the next six months.
"We are simultaneously moving Sobiks forward along several fronts," explained Dan Patterson, President of QRVI. "While we have continued to develop new franchises for our core brand, Sobiks Sub Shops, we're also expanding our Sobiks Cafe and Sobiks Express concepts as well." Sobiks has been one of Central Florida's most popular quick-serve restaurants for over 30 years, often voted in local restaurant guides and newspapers as one of the area's best fast food franchises.
Sobiks Cafes are designed to be placed in downtown office buildings and suburban commercial centers with a minimum of 90% occupancy. They are sit-down as well as take-out and delivery restaurants that generally require a smaller footprint to operate. The Sobiks Express concept is tailored for convenience stores food operations.
Quality Restaurant Ventures Inc., along with its affiliate Ultimate Franchising Systems Inc., identifies and prepares smaller regional restaurant concepts with high growth potential for transition to franchise opportunities. QRVI recently announced that it had begun a broad-based investor relations program.
Ultimate Franchise Systems Inc. has investments in 14 concepts totaling approximately 600 franchised restaurants throughout the United States.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Ultimate Franchise Systems Inc., Obee's Franchise Systems Inc. and Quality Restaurant Ventures Inc. assume no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Companies.
CONTACT: Dan Patterson, Quality Restaurant Ventures, 407-333-8587
Web site: http://www.qualityrestaurantventures.com
--------------------------------------------------------------------------------
Source: Quality Restaurant Ventures Inc.
I picked this up off of the RB board:
By: got_milf_07
13 Jul 2005, 03:19 PM EDT
Msg. 399 of 410
Jump to msg. #
QRVI CONVERSATION...
Spoke to Jim Cook, Director of Purchasing, while Dan Patterson is out of the office until the 18th. Was told Mr. Patterson was out busy checking out new locations/stores for the company. Mr.Cook, couldn't say much as to what's going on, becuase he only does purchasing. I was told that he would to speak to other officers about the flood of investors calling in. He said that on Tuesday afternoon, he had already received over 15 calls from different investors asking info about financials, new locations/acquisitions, etc. He believes that a possible PR may be out soon to address all shareholders. He did say they are busy, FWIW.
Hold tight, possible good news soon.
If anybody wants to call themselves, here's the number:
1-407-333-8998 EXT.117 Jim Cook
Well in the recent weeks, we're averaging 1 boardmark/day on this board! Do any of the "regulars" have any suggestions on making our IBOX more resourceful? Any suggestions would be appreciated.
Phil
Quality Restaurant Ventures to Launch Public Information Campaign
Thursday July 7, 9:53 am ET
HEATHROW, Fla., July 7 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures (OTC Pink Sheets: QRVI - News) announced today that the company is initiating a broad-based investor relations campaign. The program is designed to clarify recent changes in corporate structure, enhance investor relations, attract new capital investment for additional brand acquisitions, and expand the company's current holdings with Sobiks Sub Shops, Westshore Pizza and Uncle Al's Hot Dogs' Famous Food Group (OTC Pink Sheets: FFDG - News).
ADVERTISEMENT
"Every company goes through phases of re-adjustment as we now see happening with many major corporations," explained COO Dan Patterson. "Recently our management team also decided to made several key changes to our corporate structure to streamline operations and better prepare QRVI to compete in the changing franchise industry."
The investor relations program will be directed to investment counselors, financial institutions and the restaurant industry, as well as current and potential shareholders. A variety of activities including trade advertising, press articles, web casts and corporate presentations are planned. In addition to initiating the investor relations program, Quality is re-vamping its franchise expansion team and is currently in discussion with several potential new brand affiliations.
About Quality Restaurant Ventures
Quality Restaurant Ventures Inc., along with its affiliate Ultimate Franchise Systems Inc. (OTC Pink Sheets: UFSM - News), identifies and prepares smaller regional restaurant concepts with high growth potential for transition to franchise opportunities. Ultimate Franchise Systems, Inc. has investments in 12 restaurant concepts totaling approximately 600 franchised restaurants throughout the United States.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Ultimate Franchise Systems Inc., Obee's Franchise Systems Inc. and Quality Restaurant Ventures Inc. assume no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Companies.
CONTACT: Dan Patterson, Quality Restaurant Ventures Inc., 407-333-8587
http://www.qualityrestaurantventures.com
--------------------------------------------------------------------------------
Source: Quality Restaurant Ventures Inc.
Quality Restaurant Ventures Projects Company Growth Similar to 2004
Wednesday July 6, 10:05 am ET
HEATHROW, Fla., July 6 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures Inc. (OTC Pink Sheets: QRVI - News) said today that recent changes in company operations along with continuing discussions with potential new affiliates are preparing QRVI for growth similar to the company's three-fold expansion during 2004.
In a prepared statement, Christopher Swartz, QRVI CEO, said: "Our management team compared Quality Restaurant's exponential growth during 2004 to our current market value and decided to make small adjustments, which we believe will yield positive results."
During 2004, Quality Restaurant Ventures Inc.:
1. Invested in Westshore Pizza, based in Tampa, Florida.
2. Invested in Famous Food Group Inc. (OTC Pink Sheets: FFDG - News) a/k/a Famous Uncle Al's Hot Dogs with 10 fast food units.
3. Opened four new Sobiks Subs restaurants during 2004.
4. Opened six new Westshore Pizza restaurants during 2004.
5. Opened four new Famous Uncle Al's Hot Dogs during 2004.
Recently QRVI initiated changes in management and operational structure to streamline the decision-making process and decrease duplicate expenditures in its affiliates. "Our new structure brings more day-to-day decisions to the attention of the executive management team," explained Dan Patterson, QRVI Director of Operations. "We know what the other affiliates are working on and can now eliminate duplicate expenditures while increasing cross-brand marketing opportunities."
About Quality Restaurant Ventures Inc.
Quality Restaurant Ventures Inc., along with its affiliate Ultimate Franchising Systems Inc., identifies and prepares smaller regional restaurant concepts with high growth potential for transition to franchise opportunity businesses. Quality first invests in the franchise system, then assists in consolidating and unifying their legal, accounting, marketing and purchasing systems. This establishes a more significant infrastructure for these companies to achieve their long-term growth and competitive strategies.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Ultimate Franchise Systems Inc., Obee's Franchise Systems Inc. and Quality Restaurant Ventures Inc., assume no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Companies.
CONTACT: Dan Patterson, Quality Restaurant Ventures Inc., 407-333-8587
http://www.qualityrestaurantventures.com
--------------------------------------------------------------------------------
Source: Quality Restaurant Ventures Inc.
Quality Restaurant Ventures to Expand Franchising of New Sobiks Cafe ConceptadvertisementRelated information E-mail this article Print-friendly versionStocks mentioned in this articleQUALITY RSTRNT VNTRS INC(QRVI) Quote, Chart, News ULTIMATE FRANCHISE SY NEW(UFSM) Quote, Chart, News FAMOUS FOOD GROUP INC(FFDG) Quote, Chart, News
All PRNewswire NewsHEATHROW, Fla., June 30 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures Inc. (OTC Pink Sheets: QRVI) reported today that its newest concept, Sobiks Cafes, has surpassed its initial first year sales and operational expectations. This is the first announcement concerning the addition to QRVI's flagship brand, Sobiks Sub Shops, and provides QRVI with a new franchising product that requires less space than a traditional stand-alone restaurant.
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"We've found a new restaurant franchising niche that we expect to aggressively promote," reported QRVI President Dan Patterson. Sobiks Cafes have been designed to be placed in downtown office buildings and suburban commercial centers with a minimum of 90% occupancy. There are currently three Sobiks Cafes with additional locations under construction and in negotiation.
Quality Restaurant Ventures Inc., along with its affiliate company, Ultimate Franchise Systems Inc. (OTC Pink Sheets: UFSM), identifies and prepares emerging restaurant concepts with high growth potential for transition to franchise opportunity businesses. The two companies first acquire significant interest in a franchise system, then consolidate and unify their legal, accounting, marketing and purchasing systems. This establishes a more significant infrastructure to achieve long-term growth and competitive strategies.
Ultimate Franchise Systems, Inc. currently has investments in approximately 600 franchised restaurants in 30 states throughout the United States. Quality Restaurant Ventures affiliates include Westshore Pizza, with over 50 locations, and Uncle Al's Famous Hot Dogs (OTC Pink Sheets: FFDG), with approximately 15 locations.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Ultimate Franchise Systems Inc., Obee's Franchise Systems Inc. and Quality Restaurant Ventures Inc. assume no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities, as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations that are not reasonably predictable and that could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Companies.
CONTACT: Dan Patterson, Quality Restaurant Ventures Inc., 407-333-8587
Web site: http://www.ufsi.net
I am VERY surprised the price is staying at this level. I thought last week we would be down to .0016 again! I would suspect that someone knows something going on behind the scenes w/ QRVI which we don't know about (IMO).
I suspect a PR coming out soon...but then again I said that last month LOL. QRVI's website hasn't been running for a few weeks (www.qualityrestaurantventures.com). Maybe a new layout is coming soon???
Alrite there's my speculation/thoughts, anyone else have thoughts?
Nice week guys...
Maybe some insider money coming in...? The volume is great...any thoughts?
bartermania,
When you have a chance, check out the QRVI board (I happen to be the Moderator).
Quality Restaurant ventures is UFSY's "sister." They had a great week this past week and there seems to be some light at the end of the tunnel. I must admit, it's been a long, black tunnel for the past several months...
Ticker: QRVI.PK
QRVI Board: http://www.investorshub.com/boards/board.asp?board_id=3529
Have a great weekend!
Phil
I see that westshorepizza.com, sobiks.com and qualityrestaurantventures.com is down...possibly ENHANCING their website? Guess we'll have to wait and see...
I'm in favor of a letter from shareholders...AYE!
O/T spockster - I WISH that was my wine rack, but then again if it was mine, I probably wouldn't be up this early in the morning - actually, I'm having my graduation ceremony in a few hours...it's about time!
Last time I called Mr. Patterson, he never returned my call or e-mail...maybe someone w/ a bigger stakes in the company might want to try calling...the information to get a hold of him is in the IBOX of this board...
Phil
Money flow indicators are GREAT...I wish I had the knowledge about the aroons like they talk about on the GTE TA board...does anyone know about aroons regarding QRVI?
Phil
I just put my e-mail into Jim...I'll try calling Mon. as well!
OT: I thought I would add some humor to this board since I think we're all finding it difficult to laugh when discussing QRVI (read below, picked it off of the MOBL, RB board)...
They have Starkist Tuna at Target with a $1 off on the label - so, OK, you buy 6 cans of tuna for $1.18 a can - you go out to the car, take off the labels and go back in and buy six more with the $1 off coupons and then you repeat. You are paying .18 a can for the albacore Starkist tuna. Then you take it to the animal shelter for the cats and ask for a donation receipt. Smart or what?
Amazing the time some people have in their lives, I wish I had that kind of time to even ponder that idea
OK, back to QRVI talk.
Thanks good, we all apppreciate the info.
Phil
Can't wait to hear your report from Patterson, thanks gd!
This stock doesn't move! LOL, still here EOM
Someday...someday...this thing will go up...it basically can't go down...
I would LOVE to update the QRVI page, but w/ what??? Well...soon I'm sure!
Phil
robg,
Then why would Frank have "QBID" on the bottom of all of his print advertisements...your "info" makes no sense.
Phil
XJer, there is only so much you can talk about w/ this company! LOL
I hope it's not the case, but "naked shorting" by mm's could be taking place! I hope the news segment comes out on 60 min. or Dateline soon - it' will straighten everyone up
Phil
OT: babycakes, Money is not the root of all evil, the LOVE for money is the root of all evil.
Phil
What an exciting day today! LOL
VERY conservative...I'm 23, looking to get married in the next several yrs. and would LOVE to be a priest...I guess no married priests at least in the next 10 years...
Phil
straighttalk, not sure if it would be smart to use religion for financial gain...isn't there something in the Bible about that? lol! :)
Phil
I couldn't agree more - I'm a practicing Catholic (obviously not gay lol) and hope this brings a positive change for our religion...may He bless all of us...
Phil