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1-thunder-1

10/19/05 7:44 PM

#178013 RE: islandboyz #178009

I don't know about you, but I myself am very pleased with what I heard. Many more questions to be answered but I think we are on the right path!!!!!!!!!1
Good job Frank!!!!!!!!1
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ihubposter

10/19/05 7:47 PM

#178017 RE: islandboyz #178009

Well, my question on that score is, can he really do that? He did say that most of "his" shares are in the name of his kids, so do you think that he would dispossess them of their interest in QBID? Just curious...
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ltesprit

10/19/05 8:26 PM

#178049 RE: islandboyz #178009

islandboyz, you're so wrong is almost funny. Sad funny.

Frank has 100% of the voting rights. He doesn't need a majority of the shares. (Do you understand what non-voting shares are? Because you own them.)

As for 'he's not in it for the money,' I get insulted when a CEO says that to me. Fine. Give up your shares that you keep awarding yourself. Give them to charity. Or stop awarding yourself more. C'mon...

Look: he (hopefully) acquired some good, valuable assets with the shares he issued to pay for them. They're worth more than the shares now, which is good for the future share price. (It should help it go back up.) But he awarded himself a TON of shares without informing his shareholders, TENS OF BILLIONS of shares.

That was wrong.