"...Another blast of gas from H. R. Puff-n-Fluff......
Q Television Network Makes Announcement 6/15/2004 8:01:00 AM
PALM SPRINGS, Calif., Jun 15, 2004 (BUSINESS WIRE) -- Q Television Network (Pink Sheets: QBID) CEO, Frank Olsen, announced today that Q executives traveled to New York and Seattle 12 days ago and successfully met their three major objectives, which were:
1) Advertising. Olsen (...burped, drooled, and then...) stated that a primary goal
was to hire an advertising executive who had worked with the major houses
("...like Heidi Fleis's and some major bath joints in Tiajuana...")
to represent Q Television. Olsen was proud to announce that Q
Television has hired Scott Seger, who not only has a solid
background with major advertising houses but also on Wall
Street and in the television industry specifically. "Scott
Seger will be managing our new Madison Avenue office and will
be hiring an advertising sales staff to assist him. Scott's
experience will enable him to assist us in both the
advertising and television areas. Scott's resume can be found
on our website at www.qtelevision.com."
The Q Television advertising campaign will begin June 21st
2) Carriage. Olsen said the executives also made great inroads in
firming up network carriage and making new appointments for
carriage.
("...they got woodies together and made phone calls...")
They will be returning to New York at the end of
June and have additional meetings scheduled in Connecticut. "Q
Television is definitely on the move."
3) Finance. Olsen further stated that "Q executives signed an
agreement to secure interim financing which should be
sufficient to ensure its initial launch to the public.
" Such (...additional dilution, paper hanging, and share shuffling...)
financing is primarily for the purpose of obtaining new
programming, additional carriage and hiring key personnel. "I
am sure this is good for the shareholders and it is wonderful
for Q Television as we can show the carriage companies that we
are a sound, viable company."
Q executives were also pleased to announce the acquisition of a
large movie package to add to their programming library.
( "..From the Mouse the snored..") Olsen also commented on Viacom's (VIA) announcement that they will be coming out with their own gay channel early in 2005: "We (...presumptively and arrogantly...) welcome Viacom to the gay playing field. The Q Television Network will provide news, information and entertainment for and by the gay community, but our objective is to be fun, not controversial. We believe that gay programming should be invited into people's homes by request and that is why we insist upon being scrambled. As you know, the way to be invited is to contact your local cable and satellite companies and ask them to carry Q Television in your area."
Safe Harbor Statement (..and desperate SEC dodge..)
As a cautionary note to investors, certain matters discussed in this press release may be ("...pure unadulterated BS in addition to being...") forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the television network's ability to execute its business model and strategic plans; and the risk described from time to time in the company's Securities and Exchange Commission filings.
For more information regarding carriage and advertising opportunities, contact the network at 760-323-4455.
SOURCE: Q Television Network
Q Television Network
760-323-4455
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