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NEWS: BKMP Issues Letter to Shareholders
Sep 6, 2006 9:15:00 AM
TORONTO -- (MARKET WIRE) -- 09/06/06 -- Blackout Media Corp. (PINKSHEETS: BKMP) announced today that it has released a Letter to Shareholders from President Sandy Winick updating the shareholders on the progress made at the Company. The text of the letter appears below.
Dear Shareholders:
Blackout Media's main asset is still its 20% interest in The Fight Network and all its various brand extensions through Blackout Communications Inc.
It has been our goal from day one and still is our goal to build The Fight Network into a globally recognized brand that combatant sports fans will come to identify as "the Source" for fight sports events and entertainment. Here are a few of the highlights that have been implemented to achieve that long term goal:
Television
We have now successfully launched our service on the following cable and satellite providers in Canada:
Rogers
StarChoice
Videotron
Cogeco
Source Cable
Mountain Cable
Telus
Aurora Cable
Bobcaygen Cable
Campbell River Cable
Cable Axion
Compton Cable
Cross Country
Cable TV Slave Lake
Cable Cable
Davia Private Cable
Fenelon Falls
Mascon Communications
Milk River Cable
Norcom Telecom
New North Networks
North Nova Cable
Northwestel Cable
Rush Communications
Sunshine Communications
Westman Communications
Whistler Cable
Yourlink
We are soon to be launching this fall on the remaining cable and satellite operators in Canada, bringing the total number of carriers to about 50. Once this occurs we will have Canada's nearly 5,000,000 digital households.
In addition to that we have been working with Trajectory Sports of New York in pursuing carriage in the United States and we are in talks with a number of operators including:
DirectTV
Verizon - FIOS
ATT - U-verse
Lodgenet
On Command
Dish Network
Bresnan
We have expanded our efforts in pursuing carriage and business opportunities in the United States. We strive to have some exciting new announcements by year's end.
Fall Line-Up -- we have secured a number of new promotions from around the world to preview this coming fall on the network, these new shows will give us some of the most premium content in Boxing, Mixed Martial Arts and Wrestling found anywhere in the world.
We have also been in touch with companies in Australia, England, and Panama about launching the service in those countries.
Progress has been significant with the Australian initiative and we should see some results in the upcoming months ahead.
Neilsen Media Research
The company is performing very well in its digital category; our position against the other specialty digital channels in Canada is strong and should only get stronger as we expand our subscriber base. Our goal is to become the number one digital channel in Canada, and we think we can do it.
Fight Network Radio
We have been actively moving our 24/7 Fight Radio concept forward where we are nearly ready to roll this out to the market. We have been in contact with XM and Sirius about the possibilities of putting this on satellite radio. We are looking to have it available on broadband once we have launched.
The LAW has moved to 1010 CFRB in Toronto which is the Number 1 talk radio station in Canada. The move has been very good for both us and them.
Fight Mobile
FIGHT MOBILE is now available in the United States on Verizon Wireless' Mobile Web 2.0 network, Sprint and Cingular. Other second-tier carriers are preparing to launch the U.S. service in the near future, while in Canada we have successful launched on Telus and we are looking to being added by the other tier-one carriers before the year end. When fully deployed, FIGHT MOBILE has the potential of reaching over 220,000,000 (Two Hundred and Twenty Million) cell phones in North America.
Our partners in FIGHT MOBILE are also working on getting the service into other parts of the world and we should see some results in the upcoming months ahead on that initiative.
In addition to the news component of FIGHT MOBILE, we are also working on video content and will be outlining that product in the next quarter. We are expecting to launch the video on mobile phones in the first quarter of 2007.
Fight Network Online
The FIGHT STORE has been launched by The Fight Network; demand is strong and thus far sales have exceeded targets. We are expecting the holiday season to be strong with some important announcements with respect to the Store and some exciting licensing opportunities to be forthcoming this fall.
Stock Buy-Back
The share buy-back is still in full force and effect and should market conditions exist where funds should be allocated to furthering the buyback then that is exactly what will happen.
There are other opportunities that we are looking at, which will be released to the shareholders as they evolve.
I truly believe that this will be a great year for the company and the future is looking very bright and extremely optimistic.
Thank you.
Sandy Winick,
President - Blackout Media Corp.
Congrats Big Jo!
He's still around. Everybody has been asking.
If in doubt, go search for his profile and check his posting history.
OT: The online etymology dictionary says that "fortnight" comes from a Germanic phrase for fourteen nights that was used back in the days when the German tribes were fighting the Romans. Apparently, the old tribes marked time in terms of nights rather than days.
Remember when this board used to joke about combining the QTV/TFN models to capture both audiences? Picture 6'8" drag queens beating the pudding out of each other.
>> I hope it doesn't turn out that anal and hrhr are in cahoots and that they are orchestrating a pump and dump that will go into the book of legends.
I doubt that... AT and HRHR have been at loggerheads before with some pretty personal posts going back and forth -- mostly aimed in HRHR's direction for a while. HRHR uses short hand when posts. :)
AT recently perked up and became much more optimistic. Sounds to me like AT talked with HRHR confidentially or received some additional input that has him excited.
All of which makes me more optimistic about the weeks to come. It's been a painful summer in many ways watching and waiting. I've been waiting for post-Labor Day in hopes that things would heat up. And it seems like they are... Wheeeee! w00t!
But he's a got a great screen name, huh? You'd think he would have changed it by now...
With a moniker like that, replying to anything he says is like asking a wife beater how to save your marriage.
Ya know, with the amazing silence demonstrated by Spooz's external investor relations board...
I think they should just hire a couple of the folks on this board and fire the PR company. :)
... yes. and screaming in fear because he thinks all of his furniture has been glued to the ceiling.
:)
1,156 million shares traded to close up 29%. That was a great trading day. If all goes well, tomorrow's close will see .0011.
You are an asinine basher aren't you? The last run to .0014 took several days. Oh, that iggy button just got pushed again. Buh bye.
From looking at major runs in the other pinkies, you don't see huge runners until they get out of the trip zeros. The first legs are small until you pass the psychological block of three zeros becoming two zeros. Also, it's way to easy to flip for significant profit when you're down in the trip zeros.
A close at .0009 would be ideal.
Take out the paintbrushes boys and girls. I want to see a nice green circle on the side of the barn. We can let it dry overnight and admire it in the morning over some coffee. The rest of the neighbors are heading over at about 9-ish for the barn raising... :)
Ask is dissolving again. Looks like we're heading back up to .0008 x .0009 for the close. Ask is getting pounded. Maybe some folks are worried that they might miss out on an after hours PR?
Um. Yeah. I think most of us longs looked at the sheer volume of posts and idiots on the boards over the weekend and just walked away from the insanity. And hitting a triple in one day is a pump and dump situation, not a sustainable pps increase.
Sounds like you flipped out entirely today. Good for you. Good luck on your other plays. [subtle hint to go away or lurk quietly if you want to buy back in lower to flip again].
Yeah. That .0009 popping there was weird wasn't it?
Already did that. It's been a usable board this afternoon because of it.
DOMS has a big block (100K) at ask of .0009.
Because it's only been 3 hours... crazy man.
Updated L2 Image: Lunch Break
Gotta go run some errands for a few hours.
Wow, dragon. You sure riled up HRHR. That's one his longest posts yet! :)
ROFLMAO...
Link to FREE and DELAYED L2:
http://www.allstocks.com/html/free_level_2_pink_sheet_stock_.html
Huge 17 million transaction at .0009 at 11:52:45 just dumped the ask down to nine.
NRA, it is usually the MM's who push the fat fingers through, I think. It screws up most people's charting and makes them less agile in flipping. I see fat fingers show up when MM's are trying to kill volume and price at the same time.
Tell me about it. I almost flipped when we peaked at ten this morning. I didn't, however because the L2 looks too good and it seems like most of us are holding out for bigger gains. The MM's are gonna have a tough next two weeks, IMO. :)
I'm thinking we'll break down this wall at .0010 later this afternoon. If we close as a double-digit pinky rather than a trip-zero, we'll be ready to rock tomorrow.
LOL. She needs to take a bashing refresher course.
Bid is getting stronger. 5 at .0009 bid now. 6 at .0010 ask. MAXM, VNDM, and ABLE just moved their bids up.
Neal, you can't really read resistance from the L2 stack. You can only get a sense of where GTC and daily ask orders are currently parked. IMO at least.
NRA, I think volume will pick up in the PM. I think a lot of people have to wait to buy until their funds clear and it seems that a lot of the transactions post between 1 PM and 2 PM. I remember surges in volume for this pinky and several others around that time in the afternoon.
So take that and add the fact that most people will either flip other stocks or execute additions to their cash portion today --- if BKMP stays solid and continues to move this afternoon, we may see a killer run tomorrow all day long...
Updated L2 Image: Stack still looks good but volume has faded. Hope it picks back up after funds start clearing around 2 PM.
Chart of this morning's trading so far:
Updated L2 Image: UBSS blocks at .0009 -- business as usual.
Bid is building again... Whoops, strike that.
I'm uploading them as GIF files to keep the bandwidth down. All browsers can read JPEG image files --- a few have problems with GIF images. It all depends on what version you're running and what graphics package you happen to have installed.
Updated L2 Image: Stack up to .0014 is looking good.
Updated L2 Image: 9 x 10 !!!
Updated L2 Image: 7 minutes into trading
Updated L2 Image: Just after market open
Yeah, L2 is shaping up nicely this morning.