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Re: None

Thursday, 08/23/2007 6:28:49 AM

Thursday, August 23, 2007 6:28:49 AM

Post# of 279080
I think the pieces have FINALLY fallen into place in my head. The twisty one says that QBID's TA records were transfered to Cinemax's account at Capitol Transfer. IF she's right, they are doing a reverse merger, with no shareholder approval needed. They are not selling QBID, QBID is buying Cinemax with post-merger QBID stock. QBID agrees to aquire Cinemax, in return for 80% of the post merger QBID shares going to the current owners of Cinemax. The remaining 20% goes to current QBID shareholders. Cinemax becomes a publicly traded company without any State or Federal review. It's brilliant. The debts all seem to be in QTN's name, so no liability for the new corp. It's what they have been saying all along.
No WONDER there have been no proxies sent, they don't NEED a shareholder vote.

Don't bait the bear........

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