--- QBID situation ---
Hi all !
Its time to do an update on Qbid.--->
* Everybody know that the o/s of Q was 7.5b before april 2004.
* Everybody know that Q have increase the o/s during the run to .028 in april 2004.( 2b shares at .015 average = 30 millions )
* In the Conference Call in October 2004, Frank gave us an o/s of 9.5b + 6b (restricted 5 years).
* But for kept her majority, Frank had issue 6b shares (no choice).
--- Total o/s : 21.5b ---
At his time, everybody thought at an o/s of 15.5b
After this,
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*Tuesday, June 14, 2005
Triangle Multi-Media Buys Back 3% of its Outstanding Shares : Appr.700 millions
*Friday, April 29, 2005
Q Television Network Announces Buyback of Company Stock : Appr.300 millions
*Monday, April 18, 2005
Triangle Multi-Media Completes Retirement of One Billion QBID Shares : 1b
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Total approximative : 2b
If you subtract 21.5b - 2b = 19.5b
Its the same figure than 29 August 2005 Pr....
And if you read in the same Pr :
< The share increase in 2004 was due to acquisitions, previously restricted shares coming due, and was prior to secured financing.
The shares bargained in 2004 were strictly utilized for growing Q Television .>
YOU HAVE READ 2004 NOT 2005. (no dilution in 2004)
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***** We have now 19.5b shares in o/s *****
Shares structure :
Float : 3.7b
Frank : 10.3b
Restricted : 5.5b
Total : 19.5b
___________________________________________________
CONCLUSION:
* Q have a very BIG potentiel and anybody can deny this.
* Q will worth 3-5bilions in few years. Q worth 200millions now.
* Q have funds (with the 2004 dilution) for run the network. until 2008 and pay all aquisition cash...
* Q will be profitable in next years and will buyback restricted shares and Frank will lower her amount of shares (53%).
AND DONT FORGET:
* Q dont have dilute in 2005 ( After hour trading its not Q but mm's transfert)
* Q will go on another exchange soon.
* Q FLOAT is now only 3.7 billions.
* And THERE WILL BE NO REVERSE SPLIT as long as Triangle Multimedia (ticker:QBID) is owned
and operated by the current management team.
Can you say QBID is not a STRONG BUY...$$$
Note: Any inside in this post, only dd...
--- Supergarvis ---