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Uh ohhh...looks like the five cent gorilla is back in the BKMP room again.
Maybe it's a sign to 'shorty' of what they need to pay for their previous naughtiness before we can move on.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
Dear Mr 'Nitwit'...
Thank you very much.
You're very kind.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
Almost started believing scorps
lol...well...I suppose this a good start.
Please stop asking me in private mail who I think is going to be sent to jail after this is all over.
The only thing I know for sure is it's not going to be Mr WiNNick.
I doubt if it's going to be anyone here.
I hope this helps.
your friend,
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
'Shorty' continues to 'work' at throwing in their 'naughty' shares.
Before this 'process' is over with we're going to witness some very very strange transactions.
jmo
Mr Peter Barton
scorpio70
(The 'elmira' Oracle)
Can anyone tell me when 'happy hour' here at I-hub is?
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
TEST
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
Hey 'Count' good to see you here.
Story here bears a lot of resemblance to another 'situation' we're involved with.
I'd say more but I'm limited to just one post here at the BKMP board and totally banned from you know where.
your friend,
Mr Pete Barton
scorpio70
(The 'elmira' Oracle
(IMHO)...I heard that this last 'trade' has something to do with 'swapping' shares between some of the big monied interests involved on securing the 'rights' to all of this.
There's also some speculation that 'shorty' is starting to throw the towel in on their previous 'naughtiness'.
Most shares reside in the hands of a smaller number of 'big whales'.
But as they say...'it's all good'
I'll see if I can find out anything more.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle'
I'm not sure I understand your question. What 'thing' are you referring to?
I hope this helps.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Orracle)
BKMP lesson #5
2009 Annual Report: http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=28808
TFN-The Fight Network is a 24-hour Sports Channel for all Mixed Martial Arts, Boxing and Wrestling which is currently going Global
http://www.thefightnetwork.com/
http://en.wikipedia.org/wiki/The_Fight_Network
Blackout Media = BKMP = a pink sheet stock
Blackout Communications = Formerly a private company in Canada prior to a name change. This entity had a tax identity in Canada
TFNG = The new name for Blackout Communications is TFN-Global -- and thus the tax identity.
TFN = The Fight Network = A private company in Canada. This is just a DBA (a wholly owned subsidiary of TFNG), so does not have a tax identity in Canada.
Mayhem Media = A Private company in Canada
Share Structures
TFN has 100 shares.
TFNG (formerly Blackout Communications) holds all 100 shares of TFN.
TFNG has 19,500,000 shares.
BKMP holds 3,000,000 of those shares (14.8% of the total, all non-voting)
The remaining 84.6% is split between 6 others
Mayhem Media holds 100% of the voting shares of TFNG, meaning they are in charge.
TORONTO, Jan 09, 2006
Blackout Media Corp.
In addition, the company is not planning to do any reverse stock splits. Sandy has repeated many times through emails and newsletters that there will absolutely be no reverse splits.
I wonder how this WiNick guy is making out?
I wonder if business plans are still evolving.
I hope investors who have been patient continue their patience. Many say this is the key to investing.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
Hopefully it all turns out to be the 'mother of all buyouts'
Mr WiNNick will be enshrined in the penny investor 'hall of fame'.
Which is as it should be.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
Today's BKMP lesson #4...
DEFINITION of 'Reverse Stock Split'
A corporate action in which a company reduces the total number of its outstanding shares. A reverse stock split involves the company dividing its current shares by a number such as 5 or 10, which would be called a 1-for-5 or 1-for-10 split, respectively. A reverse stock split is the opposite of a conventional (forward) stock split, which increases the number of shares outstanding. Similar to a forward stock split, the reverse split does not add any real value to the company. But since the motivation for a reverse split is very different from that for a forward split, the stock’s price moves after a reverse and forward split may be quite divergent. A reverse stock split is also known as a stock consolidation or share rollback.
I believe Mr Winnick said the preferreds and the eventual reverse split(s) would have something to do with correcting the monstrous sized naked short position on this stock.
Not all reverse slpits are bad by any means. Some are beneficial and necessary.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
Today's BKMP lesson #3.
The OTC market is a matched sale bid auction electronic marketplace.
Nobody could legally enter a sell order online right now. And then you can only bid 100% of the previous closing ask. Pretend a shareholder wanted to buy everything they could at a few cents...lol...it...couldn't... even... be... done. Online at least.
Very very few investors have a decent understanding of how it all works. Fewer still understand what a full service broker does. I'm pretty sure 'Scottrade' asks that anybody looking to buy or sell call their order in and speak to a live voice. lol....'brrrr'.
Quite a few still think that somehow 'dealors' have their own inventory of shares.
Hopefully today we'll see if ANYBODY will even try to acknowledge this weekend's closing ask of .25 cents. I can guarantee NOBODY will even try dare to explain it.
lol...nonsensical answers don't count.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
Tonight's BKMP lesson #2
..It's not like the float is getting tight!!......
lol..the float was bought out many many moons ago in its entirety.
jmo
Mr Barton
scorpio70
(The 'elmira' Oracle)
As the stock market slowly tanks further we return you now to tonight's BKMP lesson #1.
A holding company is a company that owns other companies' outstanding stock. The term usually refers to a company that does not produce goods or services itself; rather, its purpose is to own shares of other companies to form a corporate group. Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies.
In the United States, 80% or more of stock, in voting and value, must be owned before tax consolidation benefits such as tax-free dividends can be claimed.[1] That is, if Company A owns 80% or more of the stock of Company B, Company A will not pay taxes on dividends paid by Company B to its stockholders, as the payment of dividends from B to A is essentially Company A switching cash from one of its pockets to another. Any other shareholders of Company B will pay the usual taxes on dividends, as they are legitimate and ordinary dividends to these shareholders.
Sometimes a company intended to be a pure holding company identifies itself as such by adding "Holdings" or "(Holdings)" to its name.
OFF TOPIC...Does everyone know how to use 'your' and 'you're' correctly in a sentence and what today's closing ask is as another MM holds down the fort overnight?.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
(IMHO)Anybody noticing today's closing ask?
.501
I believe it's just a further sign that we're oh so close these days. My gut feeling is there's timing involved with a lot of issues. Priority one is the SEC wanting to walk away from this one with no collateral damage from litigious investors and institutions. As always investors need to hold tight and tighter still if resolution comes with an active market being made.
After I was able to purchase a 1909s-vdb I was curious about buying a cent made of platinum or maybe coated with platinum. Anybody know if that's possible?
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
'dirkie' makes an interesting point as the 800 pound gorilla remains in the room.
In the interim sometimes you need some 'space fillers'.
When I collected coins in my younger days I'd sometimes put in a coin worn smooth to fill key dates in my album. It was called a 'space filler'.
Now that I'm an older man I wear a PSCG graded EF 1909 S-VDB Lincoln cent around my neck.
cool...eh?
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
(IMHO) Uh ohh...looks like the 800 pound mother of all reverse merger buyouts has moved back into the room.
Ask... 0.2501
lol...my guess is some market makers take turns sitting on the ask to insure 'somebody's' business plans don't get interrupted.
While I'm no business expert I like to play one online.
jmo
Mr Peter Barton
scorpio70
(The 'elmira' Oracle)
ROFLMAO...the good news is no one can lose conviction when it's impossible to even enter a bid.
Gotta thank Mr WiNNick for protecting the 'little investors' this time around during the wait to get financials SEC compliant.
mi poco loco amigo,
Mr Pedro Barton
scorpio70
(The 'elmira' Oracle)
Disagreed!
ROFLMAO
su poco amigo,
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
MM's flash the infamous '12' signal
Volume: 12 @ 9:50:29 AM ET
I'm very sorry to have to disagree with you BUT...
No you haven't
(IMHO) I believe you're sadly mistaken.
your friend,
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
(IMHO) lol....uh 'something' like that.
Share Structures
TFN has 100 shares.
TFNG (formerly Blackout Communications) holds all 100 shares of TFN.
TFNG has 19,500,000 shares.
BKMP holds 3,000,000 of those shares (14.8% of the total, all non-voting)
The remaining 84.6% is split between 6 others
I've met two of those entities.
Investors need to remember....everything about this stock is foreign based and rules for filing compliantly with the SEC need SEVEN years of financials. All needs to be compliant with auditing rules set by the SEC.
jmo
Mr Peter Barton
scorpio70
(The 'elmira' Oracle)
(IMHO) Investors grow more sanguine and confident with each passing day.
Remember...sometimes the race doesn't go to the swiftest but rather to the slow and patient.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
Another weekend where business plans can't be interrupted with usual posts of obsfuscation...deflection...and denial.
ASK....05
LOL...I have no idea where this Las Vegas, New Mexico is but the one in Nevada will do just fine.
Investors need to hunker down and relax. Enjoy the show for now.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
I'll retire when BKMP hits a dollar.
Atta boy! Isn't it fun to be positive and promotional? No one has anything to gain by selling and everything to gain by holding BKMP till full valuation with a generous price multiple for its industry.
(IMHO) I might let a few shares go at a buck to help relieve the 'naked short' position but I'll probably hold the remainder till the Nasdaq!
I was thinking of maybe buying a tropical island and making myself the emperor or something.
your friend,
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
Ask 0.2501
(IMHO)The tired and poor huddled masses of penny investors await the mother of all reverse merger buyouts. Meanhile Mr Primary Broker wants NO interference and the SEC just wishes all of this would quietly go away.
lol....'tort that'
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
When BKMP starts trading again freely I plan on being a buyer all the way up to the Nasdaq.
Can you tell me what is this 'Elmira Construction Firm' and who is this 'Princess Dina'?
Good luck to you.
your friend,
Mr Peter Barton
scorpio70
(The 'elmira' Oracle)
52-Wk Range
0.0005 - 0.001
(IMHO) We continue to draw closer to the 'Frank Merrywell) finale.
(IMHO) Please try to remember that BKMPP was created to make it nearly impossible for 'shorty' (think natterin' nabobs') from ever covering in the interim as financials were made compliant for SEC concerns.
This is a foreign concern. Takes time.
A 100% TOS compliant post.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
Tonight's due diligence lesson...
Blackout Media = BKMP = a pink sheet stock
Blackout Communications = Formerly a private company in Canada prior to a name change. This entity had a tax identity in Canada
TFNG = The new name for Blackout Communications is TFN-Global -- and thus the tax identity.
TFN = The Fight Network = A private company in Canada. This is just a DBA (a wholly owned subsidiary of TFNG), so does not have a tax identity in Canada.
Mayhem Media = A Private company in Canada
jmo
Mr Pete Barton
scorpio70
(The 'elmira' errr... 'Orifice')ROFLMAO
Excitement continues to build for opening bell!!!
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
Anybody care to discuss todays closing ask?
jmo
Mr Peter Barton
scorpio70
(The 'elmira' Oracle)
I'm sorry but you would be wrong.
TFNG = The new name for Blackout Communications is TFN-Global -- and thus the tax identity.
TFN = The Fight Network = A private company in Canada. This is just a DBA (a wholly owned subsidiary of TFNG), so does not have a tax identity in Canada
Can you say BKMP is a holding company?
As I said before... this a rather complicated deal which is taking time to be compliant.
Such is life sometimes in the process of trying to get rich quick.
jmo
Mr Peter Barton
scorpio70
(The 'elmira' Oracle)
Don't fret Scorp - Nobody's selling (& nobody's buying)
IMHO) Dear Mr H. Pockets
A. You sir are correct.
B Nobody can buy because anybody offering their shares for sale find 'shorty' gobbling them up just as fast as they're ever offered. Which then is because as you know.... nobody's selling.
C. Fear not though. There is light at the end of the tunnel.
D. Notice how none of the 'natterin' nabobs of negativity' will dare talk about TFN's revenue? Hmmmm...eh?
E. It will prove to be a fascinating resolution.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
From what I understand ALL of this has been orchestrated for the benefit of trying to resolve the massive naked short position(the SEC/FBI/various hedge funds/market makers. In other words...at this stage nobody's interested in going to court.
Notice we have no sentence...no crime...no penal institution....lol...and on top of everything Mr WiNNick is a Canadian citizen.
I spose if any shareholder sells because of this they'd have cause for a pretty good lawsuit.
ALL OF THIS IS IN MY OWN HUMBLE OPINION.
A 100% COMPLIANT TOS POST
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)
Now that's a spread!!!
Bid Ask
0.0001 0.2515
Rumors continue to swirl that something big is coming.
How big you ask...
BIG...REALLY BIG!
jmo
Mr Peter Barton)
scorpio70
(The 'elmira' Oracle)
Yet... you'll notice the ask now flips to .00005.
Try to enter a buy or sell at this price and you'll see that for now it's completely impossible.
Did they say a 'call center' from China? Gees... I thought only a brokerage could sell a stock and these OTC stocks are all UNSOLICITED.
lol...the things that are written.
jmo
Mr Peter Barton
scorpio70
(The 'elmira' Oracle)
LOL...lemme know when you're ready to print Mr WiNNick's correct name?
I double dog dare you!
jmo
Mr Peter Barton
scorpio70
(The 'elmira' Oracle)
(IMHO) ROFLMAO...wrong guy and btw...from what I understand the SEC is 'furious' about ANY OTC stock having this spectacular an ending. Thus they're busy trying to find something of a 'peaceful' settlement that doesn't sully their name for all time.
[I]Mr. Winick is giving free rides down the Hershey highway today.[I]
lol...I went to 'Hershey Park' once and I believe there was a town named Hershey but I'm pretty sure there was no highway by that name.
'Free rides' you say...eh?
In the vernacular of the industry the 'nattterin' nabobs' are throwing in the proverbial 'kitchen sink' at this point.
When I went I wished they were giving away 'free rides'. That family vacation took a few hundred and gave me a bad sunburn.
jmo
Mr Pete Barton
scorpio70
(The 'elmira' Oracle)