From: SKARLOEY | 3/10/2006 1:09:23 AM | | | | frank created a good thing but his personal problems over came him,,he leaves in disgrace and potential lawsuits,,not to mention,, he has ended his career and reputation at the lowest level...he will never be able to show his face...
i like many believed in the concept of qtn,,and even over looked frank's peculiar ways in the belief that one should not judge others,,but the last few months said it all...
imo qtn will be bought up soon and it will be cannibalized by the other gay tv folks...
qbid should be thought of as a lesson about pink sheet stocks,,scalp,,do not hold...no matter what...most are criminal run and even ones like qbid,, which had so much going for itself,, will disappear into dust,,a foot note to the exchange no more... |
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From: E. Taylor | 3/13/2006 6:35:40 PM | | | | Monday, March 13, 2006 Q TELEVISION NETWORK CEO LLOYD FAN APPOINTS CAROL HINNANT TO PRESIDENT AND CONSOLIDATES QTN HEADQUARTERS
Q TELEVISION NETWORK, INC. CEO LLOYD FAN APPOINTS CAROL HINNANT TO PRESIDENT AND CONSOLIDATES QTN HEADQUARTERS
Moves Mark First Steps in Restructuring and Growth of Groundbreaking GLBT Network
Burbank, CA – March 13, 2006 – Standing firm by his pledge to strengthen and maximize the network’s business model, Lloyd Fan has announced his first executive appointment since becoming Chairman and CEO of Triangle Multimedia Limited, Inc and its subsidiary, Q Television Network (QTN) (See OTCBB Other: QBID). He has upped Carol Hinnant—formerly QTN Vice President, Sales & Marketing—to the post of President, a move that will help position the network for long-term viability while nurturing and building on its business and community relationships.
Fan has also announced the closing of Triangle Multimedia Limited Inc.’s former Palm Springs headquarters, which had been maintained as a home base of operations for the network’s previous executive staff. Triangle’s operations have been consolidated, with all business now generated from QTN’s Burbank studio location.
These moves—which come just six days after Triangle announced the resignation of its board of directors—mark Fan’s first steps in his plans to restructure and revitalize Triangle’s subsidiary, QTN, the groundbreaking GLBT network. Since taking over as CEO, he has listened to both members of the GLBT community and the shareholder base, working diligently to analyze both the current organization and begin making necessary changes.
“This is a vital, promising network that has unfortunately experienced some growing pains. In her new role, Carol will be a tremendous benefit to QTN, as she has the background and relationships to help lead us in the right direction,“ said Fan. “However, the restructuring of QTN is a major undertaking, and we have a long way to go. I want to express my gratitude to all employees, vendors and community members for their support while we work through this transitional period.”
Added Hinnant: “I accepted this role knowing we had a lot of work ahead of us. QTN not only has a very loyal audience of viewers but also has many respected partners and affiliates deserving of answers to their questions. It is our goal to deliver transparency to this company and fulfill some of the promises made by former management.”
As QTN’s Vice President of Sales and Marketing, Hinnant played an integral role in building the network’s presence in the cable television marketplace. Hinnant is a 15-year veteran of the cable programming industry, having held senior management positions with HBO, Inc. and Jones Media Network, Inc. (JMN) and Here!, Hinnant began her career as a paralegal at the Houston, Texas based law firm, Hutchison & Grundy and quickly excelled into the management ranks of a public company when joining General Homes Corporation, Inc. as Director of the Legal Department.
About Q Television Network
Q Television Network is a 100% wholly owned subsidiary of Triangle Multi Media. This 24/7 premium television network is organized to create, develop and feature television programming for the gay and lesbian community, including live & interactive content every weeknight, plus sports, information and entertainment. While the company expects much of its subscriber base to be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public.
The company's programming is available on a subscription basis to those desiring to subscribe. The monthly fee varies by region of the country. The network is telecast 24 hours per day, 7 days per week and features a variety of live and original programming. Q Television is available on such blue chip cable systems as Time Warner, Cox Communications and RCN, among others, with availability approaching 3 million digital cable households in the U.S. Q Television Network is the official network of Gay Games(r) VII. The network is also ad-supported. For further information on programming and subscriptions, please visit www.qtelevision.com.
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MEDIA CONTACT:
Kristien Brada-Thompson
T: 818-338-3555 x224
Email: kristien@prioritypr.net
Jim Strzalkowski
T: 818-338-3555 x222
Email: jim@prioritypr.net
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From: SKARLOEY | 3/14/2006 12:29:31 AM | | | | Rich735 Member
Member Rated: posted March 13, 2006 21:27 -------------------------------------------------------------------------------- Anyone see this yet? From the investor page!!
3/13/2006 - CEO UPDATE
Letter from the CEO of TMM/QTN
March 13, 2006
To Our Shareholders:
I am pleased to announce that many important changes are beginning to take shape both within our holding company of Triangle Multimedia and our wholly owned subsidiary, QTelevision Network. I will be assigning seats for our board of directors and personally will be interviewing qualified individuals for our executive team. We will be diligent in our search and will not set a specific time frame as to the completion of these important matters because our mission is to seat qualified people within the media, financial and operational fields very carefully. We feel our company is positioned to prosper in the GLBT marketplace and making these changes is the first step.
Our ultimate goal is to become a publicly traded company that holds both the respect of our shareholder base and the financial marketplace in whole. We fully understand the need to supply our current and future investors with the proper resources to make intelligent investment decisions concerning our security. We are working hard to become transparent, thus enabling the investment community to track our growth. These tasks are not without their difficulties, and we intend to keep our shareholder base involved and up to date with any specific changes that will directly affect our security. We feel strongly in our attempt to successfully compete within our market sector and in turn add much needed value to our stock.
Our existing team of employees has endured quite a bit and I must applaud the resilience our staff has shown. They believe, as I do, that this company has a bright future and with hard work, honesty and the loyal support of our investor base, we can continue to be a company we are proud of.
I will be supplying our investor relations team with information shortly and any questions that can publicly be answered will be done through Richard Brown.
We appreciate your continued patience and confidence.
Sincerely,
Lloyd Fan |
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From: E. Taylor | 3/27/2006 5:33:09 PM | | | | Friday, March 24, 2006 TRIANGLE MULTI-MEDIA LIMITED INC. RELEASES Q TELEVISION NETWORK FINANCIAL STATEMENTS
TRIANGLE MULTI-MEDIA LIMITED INC. RELEASES Q TELEVISION NETWORK FINANCIAL STATEMENTS
BURBANK, CA - March 23, 2006 - Triangle Multi-Media Limited Inc. (See OTCBB Other: QBID) has announced today the release of financial statements for its wholly owned subsidiary, Q Television Network, Inc. (QTN). The information which will be available on the Network's website (here) covers all activities since QTN's inception through December 31, 2005. This highly anticipated release comes on the heels of the new CEO Lloyd Fan assuming total control of Triangle Multi-Media and QTN.
"We have a commitment to our shareholders to provide them with as much fundamental data as possible, and the QTN statement was long overdue," said Lloyd Fan, CEO of Triangle Multi-Media and the Q Television Network. "In the two weeks that I have been in control, I have spent the majority of my time devoted to the financial records in order to provide the shareholder base the information it has been demanding. We are also currently working on the Triangle Multi-Media financial statement and hope to release that to the public very soon."
Fan has also confirmed that previous executive management has resigned all of its fiduciary and executive interest in Triangle and QTN, as well as its 53% majority ownership of QBID.
About Q Television Network:
Q Television Network is a 100% wholly owned subsidiary of Triangle Multi Media. This 24/7, premium television network is organized to create, develop and feature television programming for the gay and lesbian community, including live & interactive content every weeknight, plus sports, information and entertainment. While the company expects much of its subscriber base to be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public.
The company's programming is available on a subscription basis to those desiring to subscribe. The monthly fee varies by region of the country. The network is telecast 24 hours per day, 7 days per week and features a variety of live and original programming. Q Television is available on such blue chip cable systems as Time Warner, Cox communications and RCN, among others, with availability approaching 3 million digital cable households in the U.S. Q Television Network is the official network of Gay Games(r) VII. The network is also ad-supported. For further information on programming and subscriptions, please visit www.qtelevision.com.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press release may be 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 risks described from time to time in the company's Securities and Exchange Commission filings.
Contacts:
QTN Investor Relations Richard Brown Equity Relations, Inc (617) 314-7379 Staff@EquityRelations.com |
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From: E. Taylor | 3/28/2006 3:57:54 PM | | | | Talk TV Veteran to Offer Studio a Wealth of Programming/Production Experience Coupled by Strong GLBT Industry Ties
BURBANK, Calif., March 28 /PRNewswire-FirstCall/ -- Q Television Network, Inc. (QTN) -- a wholly owned subsidiary of Triangle Multi-Media Limited Inc.
(OTC: QBID) -- as made another move in its continuing efforts to rebuild the Network's management and creative restructure. President Carol Hinnant announced today that seasoned television producer Frank Hagan has been hired as QTN's new General Manager and Programming Director.
"Drawing from his many years working in live talk television, Frank Hagan will be an incredible asset to our executive team," Hinnant said. "I look forward to his leadership at the studio, and I am certain that his expertise will bring the right ingredients to QTN's programming formula."
Hagan's extensive television background includes over two decades in the world of live talk show programming. As a producer, his credit list reads like a "who's who" of talk hosts, with such greats as Joan Lunden, Oprah, Phil Donohue, Danny Bonaduce and Morton Downey Jr., among others. Hagan was also instrumental in launching talk show pilots for such media houses as Tribune, NBC, Group W and Universal. Outside the talk show realm, Hagan has developed and produced reality programs, game shows and scripted series. He is represented by the Broder Webb Agency.
As a long standing member of the gay community in New York and Los Angeles, Hagan has also been active in numerous facets of gay activism and media, having served GLBT organizations from the local grassroots level all the way to the White House. He served as one of the Communications and Media Relations staff members and an Advance Person for the Presidential Commission on the HIV Epidemic in 1987 and 1988.
About Q Television Network: Q Television Network is a 100% wholly owned subsidiary of Triangle Multi Media. This 24/7, premium television network is organized to create, develop and feature television programming for the gay and lesbian community, including live & interactive content every weeknight, plus sports, information and entertainment. While the company expects much of its subscriber base to be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public.
The company's programming is available on a subscription basis to those desiring to subscribe. The monthly fee varies by region of the country. The network is telecast 24 hours per day, 7 days per week and features a variety of live and original programming. Q Television is available on such blue chip cable systems as Time Warner, Cox communications and RCN, among others, with availability approaching 3 million digital cable households in the U.S. Q Television Network is the official network of Gay Games(r) VII. The network is also ad-supported. For further information on programming and subscriptions, please visit qtelevision.com.
Safe Harbor Statement As a cautionary note to investors, certain matters discussed in this press release may be 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 risks described from time to time in the company's Securities and Exchange Commission filings.
Contacts:
QTN Media Relations Kristien Brada-Thompson Priority Public Relations (818) 338-3555 kristien@prioritypr.net
QTN Investor Relations Richard Brown Equity Relations, Inc (617) 314-7379 Staff@EquityRelations.com
SOURCE Q Television Network, Inc. Web Site: qtelevision.com |
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From: E. Taylor | 5/7/2006 1:10:49 AM | | | | 05/06/06-05/08/06
QTV: "We're restructuring"
Q Television chairman Lloyd Fan says the gay cable channel is in the middle of restructuring and expects to resume production soon. On Wednesday, QTN shut down its Burbank, Calif., studios and sent out an e-mail terminating all its employees after it was unable to meet its payroll. But Friday afternoon, Fan told Sirius OutQ Radio that the termination message was just a "standard type of form" that gets sent out in such situations. Fan said he couldn't comment in detail because of "delicate" negotiations that are under way but that the company is "still moving forward with a restructuring" and that he expects the network to resume operations. QTN is still continuing to transmit prerecorded programming to cable systems around the country through hired master control facilities in Texas. Fan took over the company two months ago after QTN founder Frank Olsen departed in a management shakeup. (Sirius OutQ Radio) |
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From: E. Taylor | 5/28/2006 2:38:14 PM | | | | Goes Dark May 27, 2006
Q Television goes dark after failing to secure new funding The gay cable channel Q Television has finally gone dark, after the network turned off the repeats it had been running from a hired master control in Texas on Thursday.
The gay cable channel Q Television has finally gone dark, after the network turned off the repeats it had been running from a hired master control in Texas on Thursday. The channel laid off its staff and halted all live programming two weeks ago.
QTN chairman Lloyd Fan blamed the shutdown on the company's inability to secure new funding. An East Asian entrepreneur, Fan took over the company in March, after founder Frank Olsen was pushed out in a management shakeup.
In the statement issued Thursday, Fan said that at the time he took over, the company owed $600,000 to former employees and some $7 million to its vendors. But in Fan's words, "Given the GLBT demographic and the success the network had experienced in distribution, I thought securing funding would be easy—I was wrong."
Fan apologized to those who "have suffered because of their affiliation with Q Television Network." He promised full forensic accounting and bankruptcy proceedings but offered no details.
At its peak, QTN reached about 3 million U.S. homes. (Sirius OutQ News) |
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