start at bottom and read to top...interesting exchange and should answer some questions we all have...
Posted by: lobogotti In reply to: cardioverter who wrote msg# 190955 Date:11/28/2005 4:53:31 PM Post #of 191005
A MUST READ FOR ALL!!!!
was going to wait to bring this too the board. i have clued some people in on this back and forth email with Richard. i will say i gained some more respect for the guy after seeing his responses. i still feel i have stood up for us all in my efforts and will continue to defend myself or any group efforts i am involved in until boom or bust with this stock. if you read hard you will see good points and bad, it answered a lot of questions for me.
if you start from the bottom and work your way up you will see Richard confirming the 60 billion number and why it was done...........happy reading, and one quick note, people don't need to be so hard on Mr. Brown. remember who is truly calling the shots........
From: clayton@mynetwire.com Save to addressbook To: "Equity Relations, Inc." <staff@equityrelations.com> Subject: RE: Date: Tue, 22 November 2005 14:53:55
Richard,
A very well written email you have sent my way. I appreciate the time and effort it took. I made my points and you have now made yours. We can agree to disagree on some of the subjects.
One thing I will say is I apologize for the ignorance of few, as far as threats made your way for doing your job. I am a nice guy, I see no pont in threats, especially to someone whom is paid to update on already public knowledge. Some people just can't understand it.
I could highlight every paragraph and comment back, but as you have said, you don't have time for these longs emails. Understood!! Some nice PR's today, but again, without said audit to tell us the info we need, we go nowhere and we never shall with 50 or 60 billion out.
Bottom line is this, I can try to recoup some losses here by waiting it out. In the mean time, it never hurts to try and receive information from the company, especially when that is exactly what has been promised. The market wants to see financials and a new exchange, we have been told these things would happen. When that info is made public as promised, I will then make my exit strategy.
For the record I am not a trader, I dabble in day-trading, but this was my first penny stock purchase ever. Sorry to have insinuated your position on shares. I gained some more respect from you with that comment, actually from our back and forth emails in general. It took some time for you to write them and I appreciate it.
The entire time while I was reading, I couldn't help but admire how professional you truly are. That said, I will wait it out and not bother you with petty questions of which you have no control over. Now as far a the company goes, I am willing to give them some cushion time for these promises.
Let me ask you a question man to man here for a second. How long should one wait for spoken promises? If it was you sitting where myself and others are, when would enough be enough? I am asking you a real question here, we both know things have not been handled to the best of Franks ability. Truly people have been very forgiving and would continue to be, doesn't the company know that?
Again thanks!
Regards,
Clayton
-----Original Message----- From: "Equity Relations, Inc." <staff@equityrelations.com> Sent: Tue, 22 November 2005 10:54:03 To: clayton@mynetwire.com Subject: RE:
Clayton,
I have read your email and although articulate, the points made lack insight to what you invested in.
As for Ihub, do you honestly believe I would receive questions as, "Does Frank have HIV?,etc. No, I would get asked questions regarding the audit, QTN vs. QBID, contract negotiations, etc. These issues are private and/or inside information and until made public they will not be discussed and furthermore, I'm not privy to most of that information anyway.
As for part of my position, your assumptions and your clear insinuations are incorrect. I have owned this stock for years and it was personally purchased by me. So I do feel for the discouraged shareholders I speak of. That said, I'll say it again, I believe in this company and that is how I invest. I have never purchased a stock in hopes of changing a company. If I'm not happy with management or execution, I sell - No remorse or emotions. (Strictly my opinion and any investor should discuss their investment with an Advisor)
I have seen most of the PR's that have come out over the last year and although some have not come to fruition, I personally do not feel that the company was purposely misleading the shareholders. Again, if you feel that way I'm still confused as to why you wouldn't sell? If I thought for one moment the company was misleading me I would immediately resign as IR and sell my stock. But again, that is strictly a personal opinion.
Yes, this is without a doubt is a new company. A six year old company is a baby. What people forget is that TMM came out of the gate public. This company should still be private and all the bumps and bruises they are expericing are exactly the same as any other newer company - The difference here is the public gets to witness the bumps. Generally speaking, a company will iron out its issues become strong, contract an underwriter and IPO once they are more mature.
Copied from the CC. "And I would not increase the stock, the outstanding, one iota without informing the shareholders in advance, and there would be only one reason I'd do it, and I'm going to tell you right out in front: There is a movie series that has 307 episodes, which I've been trying to get for ten years, and it would be just like - it would be just like another I Love Lucy, which would bring in money and bring in money and bring in money.
And I don't even care, I'll tell you the name of it. I'm working very hard to get the rights to Mary Hartman, Mary Hartman. And I've been working on it for five years. And that would be the only reason that I would make - increase the - increase in the shares, so I would have some restricted stock, so they would go along with me to give me the soap. That would be the only reason. And I would notify the shareholders in advance, and I would even let them vote on it and I would abstain. But there's 307 episodes of Mary Hartman, Mary Hartman; and it has never been - the music rights have never been cleared, and that's why you've never seen it. And you youngsters don't know what it is, but old guys like me know that it would be a great series to have on the shelf."
This specifically states he will not raise the O/S w/out shareholder approval - It says nothing about amending the A/S for preparation. With due respect, in business you must be prepared if an opportunity presents itself.
Now, if Frank does not come to shareholders with the vote if he purchases MH then you have an argument, but as of now he has done nothing wrong.
I don't care if you defend my on Ihub, you are the one who stated you did, not me. I understand that I took on the job of "messenger" and occasionally I'll be the one shot at. I know the laws and the financial markets very well and I'm very confident in my approach towards shareholders - I'm very careful in what I say to shareholders. This is for two reasons, one, to protect myself and my family and two, to be as honest and forthright to the shareholders as possible. I understand the shareholders get upset with me when I say "I do not know or I'm not privy", but on most matters that's just the way it is. What shareholders fail to realize is they have invested in a non-reporting, Pink Sheet Company and information is not as available as a registered security, and as much as the shareholders want to think otherwise, this is what they have invested in. I get physically threatened almost once a week and so does my family, I'm called every name in the book and most laughable, blamed for TMM pps issues. This is the job I signed up for and quite frankly, individuals hiding behind screen names and emails do not scare me and I know most of the time they must blame me. If they blamed management then it would reflect poorly on their original investment decision and no one ever likes to admit they were wrong. Most of the shareholders are good people and I also understand they must vent and if that needs to be pointed at me from time to time without merit, that's fine.
I don't consider a friend NOT filing a lawsuit. The company has strong counsel and individuals must do what they have to do. Now, I know technology has given shareholders more of a voice and that is good, but gathering names off of message boards and crying foul play because the company has increased their A/S or have not delivered on every PR does not sound to me as a productive task. I'll say it again, if I thought the company was purposely deceiving you, me and all the others I would spearhead the campaign, but other than mistakes they have made along the way, I see no evidence of criminal activity (please understand this is my personal opinion, I am not a lawyer and should not be viewed as a biased favor towards the company. Individuals should discuss with their Attorneys).
I don't peg you as a menace. With due respect, I have hundreds of shareholders just like you emailing every week and you are more than welcome to post what ever you like. I never understood the fascination with message boards, but to each his/her own. The message boards are a very small part of my day, but they do need to be addressed. The company actually takes no part in them unless slander is occurring - Other than that they have many more important issues to focus on.
Clayton, you must remember what you invested in, a non-reporting pink sheet company and I hope all your questions get answered and I would like nothing more than to be able to answer them for you and all the other shareholders - I'm given information on a need to know basis and that is in-line with smaller Pink Sheet Companies. Do I wish the company was more transparent? Of course, but I do however realize and fully understand what I have invested my money and time into and for the time being, an SEC reporting, fully disclosing company this is not.
All that said, I admire your dedication to the trade. I'm assuming you day trade considering you post throughout much of the day and I wish you success.
I cannot continue these long emails, but I felt you were owed a reply. Feel free to contact me anytime.
Regards,
Richard Brown Equity Relations, Inc. Creating Synergy Between Company and Investor Office: 617-314-7379 Email: Staff@equityrelations.com Web: www.equityrelations.com Please visit our website for company information and disclaimers
-----Original Message----- From: clayton@mynetwire.com [mailto:clayton@mynetwire.com] Sent: Tuesday, November 22, 2005 8:10 AM To: Equity Relations, Inc. Subject: RE:
Richard,
I am well aware of the emails you receive daily. I went from thinking you were coming to iHUB for a visit, to all of the sudden no replies your way. This was the reason from my concern. I also thought the point of you making an appearance on iHUB were to clear any and all rumors. Isn't that what you did on RB, please correct me if I am wrong?
I was pretty sure you own shares of QBID, but have you actually bought shares like the discouraged shareholders you speak of? It would see easier to be content if in fact you had never bought a share. Better yet never bought a share based on a misleading PR, like so many of us has.
Also, when you say "newer companies" who exactly are you referring to? TMM/GAAY/QTN has been around since 1999; myself and the large group of extreme longs I converse with, would beg to differ that this is a "newer company". Everyone has their definition I suppose.
Now about the AS/Mary Hartman deal Frank had stated in the CC that he would let investors vote on such a thing. Funny, I received no ballot. This is another statement made by Frank that will be held against him by many. So you're correct, we were told this in the CC, but in the same sentence told we had a say. I can't speak for all the investors, but I am willing to bet the majority would have voted against it.
As far as defending "you" on iHUB, there isn't enough time in the day for that task. It seems many blame you for the PPS. Some take it further and make personal remarks or attacks. It isn't right and you won't see me taking part in those reindeer games. If you need verification, I can most certainly provide you with posts where I have stood in your defense. It is obvious your "board monitors" dropped the ball in relaying those messages to you.
Now regarding my actions with criticism of the company. You say you see me "beating on the company, questioning their every move and scaring people with talk of lawsuits". I can agree with the first two parts of those statements, but I wouldn't say it wasn't just. In "beating on the company" I take it you mean criticizing them for misleading PR's or website updates, falsified statements, lies, or as Frank may say things that have not yet come to fruition? If so, then yes sir you're correct. I am not interfering with their business model; I am just telling it like it is. People need to be held accountable and remember the promises they make.
Not sure if you're aware of this but I went out to the studio meeting with a 3 day notice from Indiana. I have gone to other QTN events; I have tons of friends & family in this stock. I can lose all my money here and be fine. I'm down over five figures on this. I could walk away and sell at a 90% loss. Would that be fair to me or others given the statements made by Frank? I stand for all the people who have been wronged here. I know how long an audit takes; my best friends are accountants and lawyers. Which make your "scaring people with talk of lawsuits" comment laughable to me? That sir is not correct. I have actually discouraged the MANY requests for me to start one, or at least help unite one. I do know things have been said that are in fact illegal by the company, or at least further proof would need to be made public to prove certain statements are legal.
If anything you should consider me a friend, at least for the fact that I have not started a group lawsuit campaign. I see no point in that kind of talk at the current time. For the life of me, I was shocked to hear you say that. Maybe you mean I am collecting or have been gathering data from the past two years, and making it known in public. If in fact this stock doesn't pay off at the same time the channel is successful, then you would be correct.
As far as scaring investors with talk of lawsuits, you couldn't be more wrong. I am the first person to defend any non-truths about TMM. I defend them especially when I hear the word scam mentioned on the board. You and I both know that simply is not the case.
My exit strategy would be a bit clearer if the company would follow through with statements they make. I could then make better decisions, especially if they just came out and put it all on the table. I could then take that info, if it were factual, and determine my exit strategy. Very hard to do given the current state of things, it is almost like the company wants the longs to sell and move on. I will see this through until the end, boom or bust.
"Established company with methods", are you sure we are talking about TMM? The only methods I see are slight variations of the truth when informing shareholders of what is currently transpiring. These are hardly sound business methods, I would actually go so far as to say half-truth updates.
I can't ask QTN/TMM to in fact change their way of doing things. I can suggest/hope that they do right by us and keep their word to the thousands of people and millions of dollars that have supported them.
Selling is not an option, nor is silencing my truthful criticisms of the company on a public message board. It is in fact a service to all new investors; message boards are for as much info about your investment as is possible. It is real simple; people will quit firing shots at the company, when Frank stops handing them the ammunition.
You seemed to have me pegged as a menace to the company, when in fact I am just calling them to task. I will continue to do so until they answer the shareholders. If TMM/QTN has grown as Frank claims, is it not time to start acting like it on the business end?
I truly hope you have time to respond to this email, as I have tried to highlight your comments and answer your questions and or assumptions about me. I also hope you don't think ill of me after reading this, as I was simply being honest in my sentences. You can rest assured that I will continue to issue no blame to Equity Relations for QTN/TMM mistakes, whether or not your "board monitors" update you on those things in the future.
A good day to you sir and Happy Holidays to your family as well!!!!
Regards,
Clayton
-----Original Message----- From: "Equity Relations, Inc." Sent: Mon, 21 November 2005 15:46:41 To: clayton@mynetwire.com Subject: RE:
Clayton,
I answer emails as they come in - Considering the thousands I receive a week, there is always someone telling me I'm singling them out. This is not the case.
I have not been on Ihub simply because I could not provide shareholders with the answers to the questions they are looking for. I'm updated a day or two before a release - The shareholders know almost as much as about TMM as me at the present time.
Yes, I own shares in QBID and the PPS is just as discouraging to me as it is to all the other shareholders. That said, I'm confident with the current climate of the company. I believe they have some issues, but all newer companies do (please know that is my opinion only and is not intended as a pitch for the company. You should consult your Advisor before making an investment decision)
My policy is not to discuss any company I represent with shareholders of another company. It could be considered a conflict of interest.
Yes, The Company amended the A/S to 60 billion from 50 billion and I'm told by Frank that it is to be used as collateral IF the bid on Mary Hartman is accepted. I have not seen this in writing, but was verbally told that is what it was for - Coincidentally, you were told that as well during the conference call.
Also, I have Ihub and the like monitored and I must tell you I have not seen too much defending of me on your part, but that's fine. What I see, you are constantly beating on the company, questioning their every move and scaring others with talks of lawsuits, etc. and that is by all means your right to do.
My only question to you is what is your exit strategy? You clearly are unhappy with your investment and more importantly, the company, but for some reason you do not cut your losses and move on and again, that's your right, but it seems to me that your position is quite frustrating in that you are looking for an established company to change their methods (whether good or bad) and adhere to what you think is right as opposed to just selling.
Just curious?
Happy Holidays
Regards,
Richard Brown Equity Relations, Inc. Creating Synergy Between Company and Investor Office: 617-314-7379 Email: Staff@equityrelations.com Web: www.equityrelations.com Please visit our website for company information and disclaimers
-----Original Message----- From: clayton@mynetwire.com [mailto:clayton@mynetwire.com] Sent: Monday, November 21, 2005 2:26 PM To: staff@equityrelations.com Subject:
Richard,
I notice you are answering many emails from other people, yet you have not answered the last five I have sent. Is there a reason?
Is coming to iHUB been discouraged as of late? Do you own QBID shares in the company? Is this your only job or do you represent other companies as well?
I noticed you stating you are allowed to educate the shareholders about public knowledge of the company. Well it is public knowledge the shares were increased by 10 billion, do you know why that was needed?
I would greatly appreciate and respose I can get. I have stood up for you when many have pointed fingers in your direction. I know better, I know you tell us what Frank let's you tell us.
Regards, Clayton
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