Today we saw a major rally around BKMP with 3.166 billion shares trading. Two major PRs dropped that changes the face of this stock. Other major PRs are expected. The two PRs that dropped are;
http://biz.yahoo.com/iw/060526/0131557.html This PR is critical because this will allow the stock to run since we know for a fact that the stock will not be diluting during runs. This PR is was made the stock rally today... to the tune of 3.166 billion shares trading with a gain of 66%... and at one point it was at 100% gain for the day.
http://biz.yahoo.com/iw/060526/0131610.html This PR dropped after the market close... we are in the US with Verizon mobile... and other mobile services are lining up! This was unexpected and expansion is slated fo Europe and Asia too. The market will rally on Tuesday with this news.
Other PRs expected are;
1) Share Buy Back completion - BKMP is retiring over a billion shares. 2) US carrier deal with cable/sat companies - This will be major. 3) Increased ownership of TFN (The Fight Network) We own 20% which is the legal limit by Canadian law... but we just opened offices in the US... set up for increased ownership is the thought.
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