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Been invited over here... soooo what is the topic anyway?.. ...exactly
S5
Do you have any idea what your saying in cost to convert?
It's 150.00 per million restricted. (1 billion to 1 million) My calcalator doesn't go that high.. someone correct me if I'm wrong. This is a reverse split people. Call it what you may, it's still a R/S.
S5
Jim Bishop ...
this was just posted and I'm wondering if this is a true statement about restricted shares...
The poster is is irrelevant.. just the email statement...
thanks
FYI, From Sandy regarding AMSN divvies. H
Sandy Winick
to me
show details
1:01 pm (0 minutes ago)
********:
Please post this and/or explain to s/h that lifting a restriction has nothing to do with the company - it is an SEC rule - you need to abide by those rules - a company cannot make up the restriction rules - it doesn't work that way.
You need to let s/h know that or let them check with there brokers - they should know the rules as well.
Sandy
The restriction of AMSN is lifted - all you need is an opinion letter from a lawyer to go with the certificate to the trasnfer agent and the transfer agent will send you a unrestricted certiifcate - the same thing would happen with the BKMP shares a year from now........it is not up to the company the restriction rules are SEC rules that you as shareholders are bound by - we as a company need to follow them as well - but lifting restriction is not a company thing but a shareholder thing between the s/h and the trasnfer agent with the help of a lawyer - unfortunately alot of investors don't know the rules and don't understand them that is why they think lifting a rerstriction is up to the company which it is not.
Looking at current pps of .ooo2, the 150.00 fee to Winick would get me 1,000,000 restricted for at least a year shares with no guarantee of trading ever and direct money in Winick's pocket or 750,000 free trading shares off the market right now. If I wait maybe the PPS will go to .0001 for 1,500,000 right now.
Winick-market, market-Winick… not much of a choice there … virtual no-brainer.
S5
Tina, I hope you read mine while it was up.
Your analytical mind is needed around here.
S5
yes, I guess that would be too much to ask. Just give the guy back more posts so he could spew all over again.
Sorry, stupid question now that I think about it! The refresh was acting weird, or the deletion was so fast ihub couldn't keep up.
thanks
S5
???? If one is not a paying member and some posts get deleted, does one get their posts count back.
Ex: Have 15 posts, use 3 and 3 get deleted, do any come back?
thanks
S5
Manny... you do need to go over your complete Ibox with a spell checker... your spelling as bad as Sandy! lol
otherwise, might be worth visiting.
S5
Man, if you people think MMA is hot, and Cricket the new best thing coming to my US ... you've never seen full contact CURLING!
Friday night I was a guest of a friend at a new curling club put in last year close to me. Halfway through the first game, some broomers bumped into guys on the other team, they started yelling and then punching and slipping all over the place... other alleys joined in, and then the fans near me started to go at it! A lady looked like she was going to pop me and I said "I'm just here for the beer!" When the police arrived, they were falling all over the lanes too. It was GREAT! I've never been to curling, and when my friend said that's not how it usually goes, I was pretty disappointed. I even got a bunch of beer from the team that got booted... You folks in Canada should see about putting in a fighting rule in Canada curling. This could be big.
S5
No.. your thinking of someone else.
S5
Well, in a couple of weeks we shall be given a litmus test of Winick's word and promises.... the Amsn restricted shares are supposed to be free trading... We'll see then and perhaps we'll have a good indicator about the bkmp restricted deal. If Amsn cannot trade, I will be convinced Bkmp restricted will never see the light of day.
I see all sorts of positive and happy stuff about TFN... I can't find a single thing to say that's positive about bkmp.
Sorry.
S5
Gotmoney... it is absolutely, positively set in concrete that the restricted will be convertible to un-restricted bkmp in 08... just like the bkmp preferred were NON-CONVERTIBLE and free trading in 06. Guaranteed by Winick!!!
S5
CL7...what do you think the conversion is? It's a reverse split by another name. Are you discussing the common's? Then you may have to be more specific with your syntax. I didn't read too far back before your post, so if your just answering someone, then I apologise, sometimes it's hard to follow if one doesn't backread.
S5
Anal, not as stupid as having a vote on converting the preferred after april 15th.
S5
Hey, Scott didn't add another mod today. What's up with that?
Neal.. heh. That's NEXT weekend. I have only one game tonight and I imbibe after the game. I don't need to see 3 pucks coming at my head at the same time. I can barely stop one of them.
About Winick and bkmpp, I'm thinking Winick will re-issue a pr and change everthing around. Maybe because of what I said about I don't have anything to convert?
S5
Well, that's great. We all know how up-standing Winick's turned out to be. I'll stick to SEC sites and libraries.
thanks
just a quick poll ... how many people think that Ranzy nucca and Rascia are the same person?
So far... me.
S5
Well, not all at the same time... I have 3 days of games... have to refresh you know. Of course, this doesn't count the labatts in the motel rooms.
S5
Is there any documented proof to this fact of DTC TELLS companies how much they can create? The preferred are Winick and Garrow's call only. As far as I know, DTC does not dictate to companies.
thanks..
S5
Neal - I hope you haven't allowed this one particular stock Bkmp to wipe out your portfolio. Surely YOU don't have all your stock eggs in one bsket?
What this most recent development should do is finally show people how far away from TFN we bkmp shareholders are. I don't see any evidence of announcers, fighters or tfn network people screaming about a stock conversion involving Tfn. No one outside of stock boards and the internet knows about bkmp! I'm going to Sarnia, Canada next weekend for a hockey tourney and I will be in at least 5 taverns and I will ask lots of questions again about TFN. I'm willing to bet that any MMA fans I meet won't know about bkmp. Bkmp is the financing and stock connection for Tfn which flows TO TFN. I'm afraid nothing is going to flow FROM bkmp to us shareholders. Which is why, I've made all my money flipping bkmp. It's called TRADING! I did have a chunk of old bkmp which I dumped, and now I've bought a bunch back. So, I'm still with shares in case real PPS develops. I went without any shares for about,,, 2 weeks? See, it didn't hurt me.
S5
Some valid ???. But, I think brokers that have shares as 'street' don't need certs. I think a cert call is something that originates from the issuing company, not always a broker call.
I know that if I ask for a certificate of ownership, Scottrade will charge me a fee for sure. I say this because, (1) I'm not asking for a cert, so my brokerage can't charge me and (2) I don't think a brokerage can charge bkmp for 8000 certs sent out @ 1 per owner. This is just my opinion, not based on research, just what I've gleaned from my office and the net.
And you give Winick way too much credit. None of this is done haphazardly, Winick and Garrow know every step that's happening.
I just don't believe Winick is very deep thinking. Too many failures and stock schemes.
S5
Who can think dilution?
Don't you need stock on the market for dilution? Until a stock is available to trade on the open market, then there is no actual effect or impact from this conversion? If this is true, then people are just speculating and causing confusion. It's supposed to be restricted. NO TRADING on open markets.
Has anyone converted yet? I don't think that will be possible.
My Scottrade account office has informed me friday that the bkmpp have never settled in my account. I can't convert what I don't own. I find it difficult to believe that different brokers use different rules in dealing with stock. Something just doesn't seem right and definitely not on this board as well.
S5
last post. going on patrol tonight, so must get going.
Debate??... you seem to have missed my message. You've been here long enough to see there is no debating. Never has been, and now with the mod line up it's not going to happen for sure.
.. and when I mean drawn in, I'm not going to set myself up for a easy ban.
lurk later........seeya
S5
sure, all five of you enjoy yourselves.
This was never a bkmp board anyways.
glta
S5
anybody else being disconnected by Ihub from their ISP's.
It's been happening for a couple of weeks now. I noticed some newer quicktime ads, and when multi ad pages try to load, I get disconnected from my ISP completely. This happens on IE and Firefox. I don't have any problems running other sites, but when I open Ihub... crash!!
No changes to my system, no software additions-nothing different.
Actually, since the buyout, Ihub's aggressive advertising is just killing us poor dial up chumps. The cost of progress I guess.
I would be interested in replies about disconnects.
S5
Last time I looked it was a TOS to OT and not talk about the stock titled board! Go over to Q&A admin board and see what they're saying about getting rid of OT entirely... no more humor or anything... should be a real fun stock site after that!
s5
Boy, glad I'm paying less attention to this board. Mimurry bails as mod, Scott takes over and invites a person who started posting bkmp on 10-20-06 or so as an assistant.... 'to clean up the board'??
I guess we'll see what gets cleaned up.
I thought it was getting better.
Too bad.
Well, according to Scottrade, since the cusip and stock symbol bkmpp isn't in my active positions list, the stock has never been a settled dividend, thus I never had them in my account. So, how would I convert what I don't officially own? Even if it's street issue or book?
There's still time for it to get weirder too!
What's goofy is bkmpp is showing up on otcbb.com and other stock sites. It wasn't showing up just a few weeks ago, I think.
too much
S5
Thanks Artfink. I've tried that address in three different locations and it just won't work for me. So, I don't know.
A companies PR's are never official filings related to SEC documentation, and should never be taken as such.
S5
Anyone... what is the most resent cusip for bkmpp? I just noticed that bkmpp just started showing up on the otcbb.com stock quote.
But my Scottrade still lists l994# on my active positions and shows non trade status.
Also, I've tried Sandy's Yahoo email 5 times in as many days and with receipt return, and all have been undeliverable. So I don't know what to make of the personal emails to people.
S5
Ditto..
night.
S5
Ahh, you were meaning using the momentum from the conversion shenanigans to take advantage if the PPS hops around for the common?!
S5
Valid point... but, can you name at least 5 pinkies that made it to a higher exchange last year. I guess moving from the pink sheets to the otc would be a higher exchange as well.
S5
As far as the preferred, it's April, 07 as stated in the last pr about conversion deal.
So, your saying that the risk in waiting out the restriction would be acceptable if PPS were higher. I understand now, makes sense, but unfortunately the window of opportunity is realistically too short for those kinds of decisions.
But I still think company longevity is in this equation and Bkmp fails this hypothesis.
Also thanks for the link LP640
S5
Virginian... also, the bkmpp were NOT convertible as per Winicks words when gifted. Right up to this week! So it wasn't like we had all winter to convert or trade bkmpp at our leisure. I keep thinking your mixing bkmp up with a real company. Real companies do not issue 170 trillion gifts that we have to pay for if we want to have value from the gift.
S5
Okay, you have me going now. I thought the deal was a direct reverse 10 billion bkmpp to 1 million bkmpR (R=restricted) for a set price of 150.00 per 1 million transaction. There isn't a choice of PPS, so I don't understand your comparison to any PPS on the market. I don't think one can say it's LIKE buying shares on the market at say .0001 because your making a direct payment to Winick, through the TD. Please explain, unless you are off to bed.
S5
Would you please provide a link to this data, I've found some items but I don't think they are Q's. Are you referring to bkmp, or bco or tfn? I would gather Bkmp, since this is public.
thanks s5
Virginian.......... I fail to see the connection between the PPS and converted RESTRICTED bkmp and old common bkmp... bkmpR will not trade for at least a year, so PPS is irrelevant for a decision to convert since Bkmp Corp is not guaranteed to be around in a year.
Plus, deadline of April, 07, so PPS again may not fit this equation. Also, you may be forgetting that brokerages charge fees for conversions, certificates and anything else they can think of when doing conversions. So on top of 150.00 per million directly to Winick (not the market), could be another 100 in fees as well.
This is a sub penny holding company, not a established revenue generating and reporting transparent entity.
S5
OT::: Anybody notice that poster Photog has a buddy on the RB board of late........
I feel unloved... I've never got cross-bashed before!!!