QBID - Beware. I have learned the hard way. I have facts upon facts upon facts of this stock.
The CEO has 70+ lawsuits against him and the company in less than 6 years and he hasn't won any of them. I have a link if you are interested.
He has been arrested 4+ times that I can find and has at least 2 felonies. I have his criminal records if you are interested. He has continously changed the spelling of his name. I think he did it to avoid being found out.
He has filed TMM and himself for bankruptcy and it has not finalized, I have documents saying it is still in the process as of 10/8/2004, if you're interested.
He has continously lied about PR's. I have examples if you are interested. He continues to issue more shares.
QTN is the network and it most likely will be a huge success, however, the jury is still out on whether or not QBID shareholders actually own QTN like the CEO claims. I think they may own a percentage, but a very small one.
The whole time the network was making strides, the stock price was moving downward. Exciting falsified PR's and greed kept a lot of folks in, I fear not many will make it out from here as it is about 8 to 10 bids away from .0001.
If you are thinking about buying this stock, please do your research on the CEO and the company. Fortunately I will only lose a few thousand after flips, but there are so many others that will lose 10's of thousands on the false promises.....in my opinion.
If at first you don't succeed, skydiving is not for you!
