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dr_silkworth2002

03/19/05 8:39 AM

#85465 RE: casunboy #85454

Should the acquisition be complete, Q Television network would comply with all Canadian Broadcasting rules and regulations for all of its original programming.

I guess you'd have to know the terms of the deal before you assumed your post had any affect.

For now....I bet that Frank knows the rules and his bid includes a way around it.

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zandant

03/19/05 10:53 AM

#85486 RE: casunboy #85454

Keep reading....

REPEAL

4. The Direction to the CRTC (Ineligibility of Non-Canadians) is repealed. (SOR 96-192)


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tradewell

03/19/05 11:34 AM

#85495 RE: casunboy #85454

Maybe QBID is merging into Pridevision and will be a stock on the canadian exchange and QTN will then be a subsidiary of Pridevision and will be able to air in US while OUTTV is in Canada. Shareholders in QBID will recieve shares in PRIDE CORP at a fraction of what they own now. This merger cleans up the O/S issue, the QTN issue, the shorts will have to cover, and the stock is on a new exchange. Richard said they were working on getting on a new exchange when I discussed with him a stock dividend to clean up this issue, but this is an even better answer. I bet the quick run up after the news was some short covering. If this news is valid, shorts better cover now and not later. the price could run to a penny quick just on covering alone, and this time it will hold there because nobody will want to short the stock if the reverse merger into Pride takes effect. No wonder everything else went on hold and that aquisition guy was added on a few months ago. If this is for real, all I can say is "Good Job Frank." IMO-TW