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Post# of 279080
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PennyHeaven7

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PennyHeaven7

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Thursday, 02/17/2005 4:23:33 PM

Thursday, February 17, 2005 4:23:33 PM

Post# of 279080
QBID NEWSSSSSSSSSSSSSSSSSSSS $$

QBID Meets with Counsel to Discuss Exchange
2/17/2005 4:21:00 PM


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PALM SPRINGS, Calif., Feb 17, 2005 (BUSINESS WIRE) -- Q Television Network, (Pink Sheets: QBID) announced today that they are meeting with counsel to discuss the best strategy to become a fully reporting, listed company.

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"We will be meeting with specialists in the coming weeks to decide the best way to position the network to begin trading on a listed exchange," said Frank Olsen. "Our company has advertisers, carriers, and now subscribers. It's time to take it to the next level."

The exchange the network will be listed on is unclear at this time. The company needs to meet certain requirements before that can be announced. "We are working toward moving QBID onto an exchange where market makers must show their shorts. We feel that our stock is constantly being manipulated, and in thinking of our loyal shareholders, we want to do this in a way that will not compromise their current holdings," Olsen continued.

About Q Television Network: This television network was organized to create and develop a network devoted to providing television programming for the gay and lesbian community. 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 will be available on a subscription basis to those desiring its programming. The network will broadcast 24 hours per day, 7 days per week. Providing distribution via satellite ensures availability of the network across the United States, including Alaska, Hawaii and Puerto Rico. 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.

SOURCE: Q Television Network

CWR & Partners, LLP
Ronnie Welch, 508-222-4802
Ronnie@cwrpartners.com


Copyright (C) 2005

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