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You are 100% correct, As far as I can tell BKMP has no other interest other than 20% of TFN. In a pr not to long ago the CEO himself touched on the fact that a majority of shareholders invested only because of the TFN. Now all this may change as if and when the TFN enters into the USA market thus BKMP can always change their business model. But as of right now to think a company whose only business model and interest is 20% of a another company is going to create any "real" wealth for it's shareholders is crazy and pipe dreaming. Hell ..... Let me take out a second loan on my house and buy up the .0003's I bet I could own 20% aswell.
ogclip,
Sandra Salim called me back lastnite .. said MJ forwarded her my email and asked to give me a call because he was busy...
The conversation was pretty good .. no real "new" news. More of a motivational conversation about the transparency of the company, how hard they're really working and so on and so on. She said they would get back to me in a couple of weeks to schedule a meeting at the Vineland, NJ office. Did not answer any questions about the aquisitions and refered me to the pr's about any possible R/S and said their was no talks that she was aware of about any. Also stated possible 8K and the next few days but would not give an exact day. For the most part I enjoyed the conversation and I was glad to finally experience the human side of my investment.. she seemed pretty upbeat about everything dispite the efforts of some in the past who tried to hurt them. She thanked me for being a loyal and "Long Term" shareholder etc. etc.
She caught me off guard as I was at gymnastics with my daughter when she called. I look forward to this meeting in a couple of weeks and can't wait to sit down in a more professional setting to focus on the subjects at hand.
No phone call yet.. Will keep posted
14 on the ask (6 sitting on .0001)... 0 on the bid with 24 trades already.
You know what I think is funny.... BKMP only owns 20% of TFN. Which is great and the reason why I have a vested interest in it. However, what else do they do? All I ever hear from Sandy in the prs is about TFN... What exactly is it they do, Other than owning TFN... what other revenue streams do they have? What exactly is their business model?
"Happy Murder The Turkey Day"
Hug a tree lately? :)
I recieved a reply from MJ ..here it is:
Mr Moore I am traveling for the next few months, but I would be glad to speak to you on the phone, I have your numbers, you will forgive me but,it is the holiday so I will try and reach out to you on Friday or Sunday
MJ Shahee
--------------------------------------------------------------------------------
From: Daniel Moore [mailto:xxxxx@xxxxxx.com]
Sent: Wednesday, November 22, 2006 4:07 PM
Subject: Visit to Augrid
Mr. M.J. Shaheed,
I am a current shareholder and a New Jersey resident. I would like to request a scheduled visit at the Vineland, NJ office so I could meet with you. I’m excited about the forward looking events expressed in the latest line of press releases and the 8k filing and would like to inquire a little further into those, plus other fundamental questions pertaining to the companies health and well being. I consider this meeting to be very important and hope for a quick response. You may contact me via email or phone. I look forward to meeting with you soon.
Sincerely,
Daniel Moore
lol .. yeah right.. I won $100,000 in a law suit last November..I still don't have my money and I recieved a bill from my attorney last week for $105,000 ... lol go figure
You mean Feb of 2006 .. It crashed into the beach in March.
Oh BTW.. It fell to .0033 since you bought it.
I was thinking that.. I'm hoping he got the caller ID :)
Here is the copy of the e-mail I sent:
Mr. M.J. Shaheed,
I am a current shareholder and a New Jersey resident. I would like to request a scheduled visit at the Vineland, NJ office so I could meet with you. I’m excited about the forward looking events expressed in the latest line of press releases and the 8k filing and would like to inquire a little further into those, plus other fundamental questions pertaining to the companies health and well being. I consider this meeting to be very important and hope for a quick response. You may contact me via email or phone. I look forward to meeting with you soon.
ogclip,
Thank you. I re-sent the email
I have always tried to contact Augrid via phone but to no avail. I have used the local number and I all I get is an Augrid answering machine... I have tried the 800 number and that goes to a messaging service company who never heard of Augrid.
You have mentioned before you have had phone conversations with MJ. Which number do you use to contact him?
TIA
I just sent Augrid an e-mail requesting a meeting .... here it is:
Mr. M.J. Shaheed,
I am a current shareholder and a New Jersey resident. I would like some information about your hours of operations so I could set up a time to stop by and meet with you, look around and ask some questions. I’m excited about the forward looking events expressed in the latest press releases and the 8k filing. You may contact me via email or phone. I look forward to meeting with you.
Thank you,
Daniel Moore
Let see if I get a response!
mehow,
"Expotopia was going to visit location, but still hasn't posted anything pertaining to his trip, due to possible legal repercussions...To me this doesn't sound good...anyone care to elaborate...Thank you..."
Please do not equate my not posting pictures to the success or failure of the stock or determine that by me not posting means something is wrong...I have NO inside information.
The pps is what it is for a reason and is out of anyones control. Me not posting is not and should not be used as a determining factor to buy, sell or hold the stock.
I did visit, the office was close .. I did not speak to anyone and I am still considering to post the pictures.
SL, I run a small web design business from home ..part time.... I can offer you some space on my servers for free if you'd like...you'll have a cpanel to access and upload files or you can just use ftp them.. let me know ... you'll need a domain name.
SL .. E-mail me please or pm me your email
Let me clarify things ... The implications are the legal ones .. The last thing I want is to be included on the list with running123 .....I can't say much inregards to my visit ... the office was closed .. I didn't speak to anyone (yet).. but I accomplished my goals ..I have pics and I know where it's at.... Before I post the pics .... I would like some opinions on if it's legal or not ... something I was thinking about on my way back.
Sandy's comments are not strange to me at all and nor will I over think them either.... "eventual purchase by a third party " It is the intentions of most people who start or run a business to build it up and then sell it... that is where the "real" money comes from on the sale of said business..... No big deal to me .. in fact .. it's common place.
ok, as promised.. for what it's worth .. I will be going to Vineland,NJ tomorrow. Although it is sunday and the office will be closed atleast I'll know where it's located and I will be posting pictures of the office building... If anything, atleast we'll all be able to see the physical nature or appearence of our investment....Since I work in construction I don't always work when there is bad weather ...I will return on my next day off during the week to see if I can talk to someone there.... I'm in upper management so I do have a professional appearence and attitude... so no worries.
I'll be leaving around 12:00pm est. takes about 45 mins to an hour to get there.. I should be posting around 5:00 - 6:00pm
Wish me luck :)
Incredible ... zero on the bid and only two on the ask @ .0001
Here is the link:
http://www.mediafire.com/?bnb34bwymzr
It was recorded ..I'll get the link and post it.. It was a Q&A session. Alot questions concerning NSS
OT: Did any here sit in with the "Guest MM" on breakout trading lastnite? .. I did ... It was very informative.
sighhhhhh! .. Am I speaking chinese? It's when the darn thing is filed .. a wire goes out to inform the public ..... oh never mind.... I know there are some on here who know what the hell I am saying.
I understand what an 8k is ... However, In most cases when a company files an 8k...It goes out to the wires as a pr.
I wonder why the 8k was never posted as a pr...
I will... I am kinda off today but I have a pre-construction meeting today. So it looks like this weekend will be a better time for me to go .. But I promise .. I WILL! go and it will be this weekend .. I will post my findings and pics.
I so wish I could leave now and be back in time for the meeting.. The wait is killing me.
Inu,
For what it's worth... I address your comments seperatly below:
1) "When we pressure a CEO, or other, in a company trying to satisfy investors, as well as alliances and acqusitions, we actually force them to tell us what they think we want to hear."
Not true... Honesty in a CEO is very important and to some a major factor in ones decision to invest or not.
2)"C'mon, man. It just amazes me that so many people want everything - NOW. Chill out !"
Wrong again...Most of us are "Old investors" ..Bag Holders to some... we don't want "NOW" ... we just want ! .. someday... You sound like a "New" investor .. please do not pre-judge those who have been holding alot longer than you .. That is a very good way gain zero respect of the board. To sit in judgement of others and imply we are greedy and impatient is completelt off base and out of line.
3)"For what it's worth, I'm in and staying. If I lose, I'm fine because I'm not depending on the $ that I invested. I hope everyone else can say the same, or you shouldn't be in this in the first place"
This comment almost made me put you on ignore..... I'm happy that you don't have much at risk .. but alot of us do.. so again to pre-judge us and look down upon us as if you are the smart one and we are the dumb ones is imo ...the hieght of arrogance
4)"Risk = Reward"
We are all full grown adults .. we certianly don't need you to tell us that.
Sorry if I sound confrontational.. but the last thing we need is a Newbie to tell us what we should or shouldn't...what we could or couldn't or what we expect from our investments.
I have never got an answer from that number... The machine anwsers as Augrid Corp. .. I live in New Jersey and I will be taking a ride to 6th street in Vineland very soon .. I promise to post what I see or don't see.
I'm in construction so if it rains tomorrow and I don't work .. I will go down there tomorrow... But if I do work ... It will have to wait till this weekend ... Vineland is about 1 hour south of me.
The 800 number goes to a messaging service ..who never heard of Augrid.. Here is the direct (local) number :
1-856-205-0856
Well folks .. as much as I would like tobe positive here ..... Things aren't looking to good.... I'm in a bit of depression over this one .. I've got 12 million shares with an averaged price of .0002267 = $2,720.00. I'm not a rich man and wasn't even looking to get rich off this stock ... just a decent profit so I could move on. I must say with 12 million shares .. I am definitly "stuck" in this one... I would have some hope if there were bidders. But there isn't.. meaning the company can't even sell shares for operating expenses as to no one is there to buy them. I have called the company on many ocassions but get nothing except the answering machine.. I leave a very professional and polite call back message .. and nothing.
Unfortantly.. I have put all my eggs in one basket ... I just wish I could break even on this stock... My wife will not let me invest any more money in the stock market as she thinks I am a loser for risking money that could have been used for other things.
I know investing is risky .. I knew the risk going in to this... I knew better than to put 90% of my investing capital into one stock. But I never expected to be in the situation that I now find myself in with the Augrid Corp... at the very least I could of got out with a 50% loss ... which would have been fine .... But I can't get out at all .. I fear the worse but hope for the best.
Thank you for listen to "whine" no one is to blaim but myself.
I will be the first to "eat crow" if things change for the better. But for now .. I am in the dumps :(....
lol Hey CowboyBaby... There's one thing missing from your pic.. SNOW! .. LOL..
Hey .. I live in New Jersey..... Chatsworth, NJ (20 mins out side of LBI)..... I'm about 1 hour from Vinland, NJ .. where abouts do you live?
BKMPP | BLACKOUT MEDIA CORP | 50000000000 | 0 | $0.00
This is what mine says .. I use OptionsXpress
Very well said .
Absolutly agree with you ... It would be completely sick if both of these stocks ran at the same time .... I might have a heart attack ... he he ...... I feel the pressure building in both of these.
All this is giving me a headache .. I think I'll go research some ETF's for a possible Options play for monday...... BTW After I finally sell and profit off of my AUGC and BKMP and BKMPP positions... remind me to stay out of the pennies
I respect everyone's opinions and theory's here .. this is a great place for an open discussion. I just happen to disagree with the squeeze theory.. I mean... I can see after reading your explaination how there can be a squeeze with the preferred shares but just don't see it effecting the common pps... If anything, it will give the preferred shares some value that we all can take advantage of. But anyways.. we agree to disagree.... But there is one thing I know we all can agree on .. and that is BKMP is a great stock to be in and I'm glad that I am. Regardless of the real motivation of why the preferred shares were issued I hope that all of us shareholders benifit. Good luck fellow shareholders.
Now that has got to be the most informative and intellegent explaination I have ever heard on the topic of Short Selling. However, considering I trade Stock Options mostly and short option plays all the time I am very experienced in the practice of LEGALLY shorting a postion and understand it very well. Your explaination .. although right on point... Explains how the shorts would get squeezed if the company issued a dividend on the COMMON STOCK.. But regardless if the shares of XYZ are "BORROWED" from someone or not .. That someone is still the holder of common stock on the record date thus he will get the preferred shares regardless if his shares were borrowed.... Do you see where I am confused with some of the dicussions about my investment on this board ... Again...YOU ARE 100% right on target with the common share explaination. I just don't see how or why a short seller would be obligated to "supply" 10,000 preferred shares for every share he shorted .. Who does he supply them to? ... if the actual owner of the common that was borrowed is already on record of being the owner who does the short give the shares to? And if the buyer of the short is also on record as being an owner of the common and you said yourself the company will issue the preferred shares to him ... than who does the shorts supply the preferred shares to? I think we may be talking about two different subjects here ...... Just to clarify... I am only trying to dismiss the rumor that by issuing 10,000 for 1 preferred shares as a dividend is an attempt to squeeze the shorts because I just don't see were one has to do with other... once we finally agree with each other or agree to disagree I will further this discussion with my own theory as to why the preferred shares were issued and it is a much more simplistic theory.
Ok great now we are getting somewhere.. I agree 100% with you EXCEPT for this part:
"Everyone short common shares on the ex-div date (9/13) have to supply 10,000 preferred shares for each common they were short."
Q1: Why?... Why do they have to supply 10,000 preferred share ? They SOLD (not owners) the stock and only the people who are shareholders (owners) of the record date listed will be intidal to the preferred shares.
Q2: How?.. How will they supply 10,000 preferred shares?.. Where will they come from? Only the company issues shares.
NSS a stock means selling a stock that is not owned by the seller at a certain price and never having any intentions on ever buying back (Fail to deliver) So if they never have any intentions on delivering what difference does it matter to them? But most importantly please answer Q2 (above)
Well I guess they could ... but how does this affect the common shares?
So if I sell my common shares of BKMP to you .. I must also pay you the declared divy? Not .. I can sell all of common and the PFRD shares will stay in my account... Where is it said that BKMP will declare a divy? .. The only divy declared that I read was the 10,000 for 1 of preferred... which are traded SEPERATLY from the common .. so tell me .. How exactly will the shorts have to come up with PFRD shares?