Sputnik, it was a huge shock to find out that all this time, QTN wasn't owned by TMM (QBID) (though I guess it shouldn't have been a shock, considering Frank's track record). A huge question we should all be asking is WHAT THE HELL WAS I INVESTRED IN? WHAT THE HELL WAS TMM? WHY WAS IT SELLING STOCK? WHAT DID THAT STOCK SIGNIFY? HOW WAS IT VALUED? WHAT DID IT ALL MEAN?
I find it hard to take. Basically, we invested in nothing. And, our investment money went to something that we had no investment in. That's the equivalent of just giving your money away to some dude on the street. I don't know why that isn't illegal. I would be just as shocked to find out that it isn't illegal. Frank must have broken a few laws there, which is probably why he's trying to patch things up now.
Also, what the hell were those "private investors to .01" doing throwing their money into something that was just a shell and had no connection to the actual product or the actual business? I never bought that whole "private investors" PR anyway, but now it seems ludicrous. Also, how was it that Frank was paying to run things at QTN with TMM stock? The two were totally not connected to each other. Investment in QBID in no way was an investment in QTN, so how was it that Frank sold all this TMM stock as part of the business deal making processes, when all along the stock had nothing to do with QTN? He MUST HAVE lied to everyone. OR... he never sold stock to business partners or clients or for services. He simply made all the money necessary by selling stock to our stupid asses. How else can you explain it? Nobody is going to, for example, sell a studio by accepting stock that has no connection to the business and is just a shell that means absolutely nothing with no assets or products or revenues. Maybe Frank didn't use stock in that way, because he didn't have to, because we common investors financed the whole thing. That is why, now that QTN is part of TMM, Frank is going to leverage 30% of it (using QBID stock). He couldn't do that before, and therefore, there were no business deals before involving stock, and therefore, the whole thing must have come right out of our pockets. This is not good, and it's just shocking IMO. Maybe someone on the boards has a different perspective, though. This is all IMO, and I'm open to hearing any and all other ideas. GLTA!
AI
