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Re: semperfi post# 237711

Thursday, 03/30/2006 10:19:21 AM

Thursday, March 30, 2006 10:19:21 AM

Post# of 279080
Guys, you need to understand something. This company has issued AMAZING news regarding carriage in the past year. And the stock price plummeted. Olsen even lied about revenues and assets and buy-backs, and STILL the stock plummeted. Some cried that it was all the fault of evil MM's and greedy shorts. Or that Olsen was 'dumping'.

The fact is, there are a hundred BILLION or more shares of QBID outstanding, and only $9 THOUSAND dollars in annual revenue for the main venture, the TV channel. This stock is at .0001 with no bid for a reason. Re-read this paragraph if it didn't sink in the first time.

A Verizon PR announcing that today is the day people can subscribe to Q on their IPTV network isn't going to budge the share price.

Sorry to let you down. Not sure why you got your hopes up in the first place.

QBID will recover once the sharecount has been established and stabilized, adequate funding has been verified and put in place, and a well-prepared business plan has been presented by the new management. We aren't there yet. They're working on it, we've been told. It isn't easy, I'm sure.

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