GreatKhan...no split needed. Look at SIRI, large a/s (not as much about QBID but in relative terms), huge debt, competitor startup....and they are holding a price as I post of $3.76 with 2 billion authorized and 1 billion in float...12.9% ratio...1 billion in float vs QBID 7.5 billion (51% rumored to be held by Frank)....13.3% ratio.... $3.76 x 13.3% equals about .50 equivalent price per share for QBID
why do I compare SIRI to QBID...both media...both startups per se, both attempting to gain subscriptions and to me QBID if successful in getting contracts is going to have much more opportunity to get the sales revenues in because of the # of potential customers for this product and the first to market....
I'm not saying QBID will go to .50. Who knows where it will go...to me no price is going to surprise me for QBID..what I am saying is I don't know why folks beyond just recognizing any company can r/s worry about a r/s....there's no reason to worry if QBID pulls this off...PALM in it's day had 4 billion shares in the market with a $4 share price (during the conservative market times)....
Frank gave his word on the *no* r/s while he's CEO re:
and I'm accepting his word and worrying about where the heck can this stock go? To me it's similiar to an IPO of a g/l network station...and where the heck do you get into any IPO at .017?????????
Anyway that's my thinking and SIRI continues to come to mind when I look at this stock....for similiarities
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