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He sure sounded like he knew the number when he stated it clearly and plainly during the interview....my guess is it is actually higher than the number he cited! Unlike you, I will take SW's word on this matter...and not some confused follow up e-mails with even more contradictions!
Not confused one bit Neal! Pump to someone who hasn't been around here long enough to see what SW is capable of and what he has done!
GGI loses nothing....they buy and sell shares co-ordinately....you think they are holding shares for the pps to drop....don't kid yourself...
sure dilution has slowed...because volume is not there....18% return is still 18% return....even on small total monetary values....
However, 100 Million at 0.0004 is 40,000 dollars and with an 18% guaranteed profit they would net 7,200 dollars....now imagine if they are selling those shares at the ask in small amounts!
Get real! No way GGI loses anything!
Perhaps, but at this point in time one would even have to question whether or not it is even a buy-out!
SW makes far too many conflicting statements to be able to tell much of anything! Purposefully??? One certainly has to question it at any rate.
Well, first off, the proof is in Sandy's own words posted on Traders Nation....
15 Billion OS and 14 Billion in the Float proves the dilution....and that was before the big dump during high volume....
Secondly....how does the OS and Float increase during a "Buy-Back"??? That proves that SW lied!
Sorry Virginian, you may be moderator of this board, but it doesn't make you the bee all in terms of understanding when shareholders have been had/lied too!
That was exactly my point and in response to Mary's post, the only way for BKMP to show an increase in revenues for Q2 would be from the sale of shares and not from TFN.....although, That is absolutely not what SW stated in his interview....that is why I stated it!
That wasn't the question that he answered.....and, the way in which it was answered...."yeah"...with no follow up on an important issue such as profitability....please give me a break....SW lied about profitability and he also lied about BKMP's revenues representing a percentage of TFN's in the interview!
No offense, but that interview was designed to accomplish one thing and one thing only....pump and dump...first the PR followed by lots of buying interest, and then the OS and Float numbers are released in the interview.....lots of volume and lots of dilution by SW!
Problem is that BKMP has thus far shown no revenues derived from TFN...if Q2 shows new revenues it will be from the sale of stock and not from TFN revenues!
I wouldn't put much faith in SW's statement about profitability....but, on the brighter side, there is a big difference between TFN from 2006 and TFN currently in terms of programming, PPV, Broadband etc.....of course expenses will also be increased.
Click on the index....that definitely looks official to me anyway!
You can't do that unless the post violates TOS....just what we need now mob censorship on the IHUB board! Geeez....
So GZFX and JF use AmCorp (a subsidiary of GZFX) for consulting services and pay JF mega dollars in consulting fees on top of his GZFX salary???
Is that what you are suggesting??
"Accedo is a privately held company founded by telecom and media entrepreneurs Michael Lantz and Fredrik Andersson. Accedo Broadband has offices in Stockholm, Sweden and London, UK."
Yes, because I would expect all the news to transpire on May 1st?? LOL.....some individuals will be disappointed if nothing happens the day after preferreds expire.....it will happen when it happens!
18% discount to the weighted trading average.....and Billions and Billions of SB-2A shares still to sell directly into the float!
0.0004 bottom so far, but time will tell if this is true bottom or not....still waiting on JF to update StockInfo Sys with the newest dilution count...must be a doozie if he is hiding the information????
So post some useful info then mikeisme....you always have so much to offer concerning GZFX as an investment???
All I can say is that the chart "says it all"....pps is currently trending with the bottom bollinger band, CMF is about to cross into negative territory once again (although I can't for the life of me figure out how or why it was ever green to start with)....
All indicators point to nothing happening with GZFX pps....
Just think at this price 48 Billion shares will have to be sold into the market just to complete the current SB-2A with GGI...so when is the next registration going to take place???
Where is the sharecount update on StockInfo Sys???? Come on JF....it can't be that hard to update stock numbers....after all you are diluting the shiatzu out of the investors daily!
Yes, and then the only thing BKMP shareholders will get will be shares of the new company that SW finds to invest in...IMO....common shareholders in BKMP will get screwed again from the lying pos CEO SW!
Anyone want to place a bet???
Won't be long now before GZFX is in the same trading range as that other stock.......pps is still trending with the bottom bollinger band, Chaikin Money Flow heading toward zero and into negative territory soon.....(more dilution coming your way)....
This is about to get very very ugly....but just think buying shares at 0.0003 would get you a 25% gain when the bid jumps one tic on news!
If GZFX has to file for additional SB-2 shares to satisfy the agreement with GGI then look out, this will hit rock bottom in a heart beat....or if JF finally announces a RS of the stock...which is also coming in the future IMO!
At any rate, shareprice looks to continue to fall....watch for support at 0.0004 to start to dwindle away....
See the 0.0004's have hit.....looks like good support at this level so far....but fully expect it dwindle away as GGI/GZFX continue to dilute this into the crapper.....well at least JF is diluting above ground and in the open.....
and again....what buy-back????? LOL....no confusion here...and I know I will be correct when the real numbers are released....as the saying goes a leopard does not change its spots and SW has not changed his ways one bit....
After reading ART's e-mails I would even be careful about expecting cash for our common shares....SW may just issue all of the BKMP common shareholders shares in his next issue....wouldn't that be a hoot...can't rule that out either based on the facts as we know them....
He said 15 Billion OS and around 14 Billion in the float....there is no confusion on my part.....
and yes of course he implied heavily that that number includes conversion...but converted restricted shares can not be misconstrued as being part of the float....that means around 1 Billion shares were converted.
and it still doesn't explain what happened to the 1.666 Billion shares that BKMP announced that they purchased during "Buy-Backs".....sorry, no way for the math to work....only way is dilution and conversion...both!
Sorry, not speculation when it comes directly from the CEO...if anything I'll bet his (as you called it) "speculation" is lower than the real number....face it.....we the shareholders of BKMP have been "HAD" once again by SW!
It came directly from SW's mouth and can be found on tape on the Trader's nation site!
Mary, so what happened with the 1.666 Billion shares that BKMP already announced that they have bought back????
and then what makes you think the same thing won't happen with the balance of the second "buy-back"....4.334 Billion shares???
The Float surpased the previously known OS of 13.6 Billion shares with a 1.666 Billion share buy-back already completed the OS should have come down to 12 Billion and the float less than that......
You do the math...either way you do it, SW has dumped shares into the float and has also converted shares increasing the OS to 15 Billion....not one or the other, but both!
Yes but with 15 Billion OS and 14 billion in the float it means only 1 Billion are restricted and potentially due to conversion....it still shows that the float has exceeded what we once thought was the OS at 13.6 billion and has eliminated any possible buy-back of 1.2 to 1.6 Billion shares that BKMP has announced that they have "bought"!
Nevermind Virginian...it is a moot point at this time anyways....
You can't say that.....there clearly is dilution or the OS could not have gone to 15 Billion from 13.6 and the float could not have risen to 14 Billion....in the face of "supposedly buying back more than 1.2 billion over the same time frame!
Also, the only mechanism for dilution to have occurred would be the recent 504 Filing or the CD's are being converted once again (even though a PR has been published stating that that would not take place)....
You pick...but dilution clearly did happen and from the looks of trading today continued/s
My point is that that is not what he stated on the interview...go back and listen to it again....he was asked specifically about revenues and he replied that revenues were based on percent ownership in TFN!
Secondly....BKMP (Blackout Media) does not own 20% of TFN....he also clearly stated "just under 20%" in the interview....so now given how well trusted SW is these days...what does he consider just under 20%???
Exactly! Just as I stated previously about the 0.0002's.....tell me who was selling those.....evidently it was the company!
Also just listened to interview.....couple of comments......
(1) Sandy Winick stated that Blackout Medias revenues are based on a % of TFN's.....He has stated previously the BKMP will not show any revenues from TFN (and the filings tend to verify this)....so which is it???
(2) When asked when the company would be profitable or was the company profitable....he stated "Yeah"....not very convincingly in my opinion...and that is all that he stated other than to mention at another point that TFN if privately owned and so no financial information can be disclosed.
I would really like an explanation from SW as to the dilution and how he can claim in PRs that a buy-back is in effect with an increasing OS and public float???
What buy-back??? Before the first buy-back was announced, the OS was 13.6 Billion....since then, BKMP bought at least 600 Million in the first round (supposedly 1 Billion, but they diluted along the way).....then another 650+ Million from the second round of buy-backs....yet the OS increased by 1.4 Billion (at least) and the Float also increased to 14 Billion shares (at least)....
So again I ask....What Buy-back....the company has bought back zero shares and have diluted considerably....
Did I get this wrong somehow???
If Blackout Media owns a 20% stake in Blackout Comm (TFN etc..) then the buy-out will have to include a buy-out of Blackout Media's interests....
Come on guys.....this isn't brain surgery.....neither is diluting while you are supposed to be buying obviously!
Come on....where do you think all those shares at 0.0002 pps were coming from??? Thin air???
So much for a buy-back...doesn't even show...buy a little and dump alot!
Because over 1 billion were sold at 0.0002 on Friday of last week! You should see the wall at 0.0004 pps!
Traders nation locked out...only preferred members....free listeners are already at capacity!
Go to breakouttrading (.net) you will find a link for the radio broadcast!
Now the conversion makes sense....so what happens to the common shareholders???
I thought the 504 was set aside for conversions and that those shares are restricted??? Not to worry, I know that all those 0.0002's were not buy-back.....
I also fully expected that when the CEO of any company offers shares at well below the current market price (at the time of the conversion offer) then the shareprice will quickly retrace to the offer price....in this case you can convert for 0.00015 and hold restricted or you can purchase shares on the bid for 0.0002 pps!
Much....and I hope he suffers from premature emissions and the shareprice rockets upward....
Sometimes, the interviewer can be pretty agressive in his questioning...but that doesn't always mean that the CEO's answer the questions being asked....
My guess is that nothing new will be announced...it will be a re-hash of all the up-coming news (in the next months or later in 2007).....and the whold interview is designed to attract new shareholders to buy all those shares that are being given away at 0.0002 pps!
Oh that's right, I meant to say being bought back....yeah yeah..that's it!
Go pump it somewhere else Ranzy! Me and lots of other stucks! Ever since SW gave all his loyal long term shareholders a 10,000 to 1 preferred dividend.....then attempted to charge everyone in order to see any reward maybe two years down the road.....
It ought to be illegal!