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skunksyard

04/13/06 9:41 AM

#246153 RE: lisadouglass #246118

"Also, the network may have growing value to a strategic buyer, again once it is back on its feet and shows creativity and viability"

absolutely
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ltesprit

04/13/06 10:02 AM

#246167 RE: lisadouglass #246118

Debt and share overhang has to be considered.

Q might gain 100,000 subscribers in a year or two. It might break even or make a profit. But it has a huge stock overhang of 350 billion shares, and a debt overhang of $35 million and counting. (The debt grows since they are funding operations through debt.)

This limits the upside that shareholders can expect. With moderate success, QBID might start trading again and be worth .0003 or so. With massive success, it might be worth .002.

Its future is so uncertain, however, no one is going to pay those prices in the near future. Just consider the board: how many people here are buying more QBID at .0001?