I don't find these posts to be be to 'soapboxy', but what I do find interesting is the common thread of complete mistrust and accusations of wrongdoing.
That alone is enough to fill out an official SEC Complaint Form. I've made some money flipping QBID over the past 3 years, and only recently decided on a buy-and-hold stategy. (not that I have a LOT of $ tied up in this).
But, since I haven't really done any serious DD (just 'cuz I don't want to), and I DO see the massive $$$ potential in a gay based cable TV station, I'm hanging in there.
That being said..just reading the complete and total BS that QBID is pulling on the shareholders (no PR's, lots of he said/she said crap) is enough to make me NOT want to play.
IMVHO--I just don't see how an R/S (or something like that if QBID merges with a fully reporting shell) is not going to happen. QBID has no revenue to speak of. And it has a )#))#load of shares. It just seems to me that any legit company looking to acquire them is going to HAVE to reduce the outstanding stock to make QBID's stock price worth enough $$ for the Market to take them seriously.
then again..what the hell do I know...
:)
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