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L2 snapshot:
Bid: 1 x .0005 (UBSS) -- size 5000
Ask: 12 x .0006 -- size 155000
Wow, Art. Looks fantastic. Thanks for sharing and have a great holiday!
BKMP is a holding corporation that own 20% of TFN. So what accounts for the revenue figures from the 2Q report? And does that reflect 20% of TFN's revenue for the quarter?
I doubt that TFN is turning over 20% of its revenue to BKMP. It's a young and growing organization that will be plowing any earnings back into continued growth. Especially since TFN has a great relationship with BKMP... since Sandy is a part of TFN. Think of BKMP as an angel investor that is solely focused on TFN and you'll have a better idea of what to expect.
BKMP's fortunes will rise and fall with TFN, but the financial reports are NOT necessarily tied together. Unless one of you knows the exact details of the financial commitments between TFN and BKMP, which I seriously doubt... :)
The good news is that any revenue reported by BKMP is a good thing. And if is growing, even better. The fact that BKMP can generate any earnings whatsoever indicates that TFN has some cash flow that it can turn over to its major third party owner.
That's the only way that I can see things. If anybody else has other ideas, please share.
Remember that we're stockholders of BKMP, not TFN. We don't see TFN's sales numbers, SG&A expenses, etc. TFN is opaque as far we're concerned. For all we know, TFN is cranking in revenues from radio and tv adverts, but BKMP is not receiving any revenues from the operations yet. TFN is still building out and is more concerned about growth and stability rather than returning moneys to the holding corporation that owns 20%.
Just because BKMP only earns a few grand from TFN operations does not mean that TFN is not generating substantial revs. We can't see 'em.
For the purpose of quarterly financial statements, all we see is Sandy's expenses and earnings. BKMP does not equate to TFN in this regard.
This "stealth" stuff is hard to take. And getting harder to swallow with every passing week.
L2 snapshot: 1 x .0004 bid, 11 x .0005 ask
Change: 3 MMs dropped bid from .0004 to .0003
ETRD, ABLE, and VNDM
OT: Mmmmm. Basher burgers made from 100% prime USDA Grade A basher... Fire up the grill and put a basher on the barbie for me.
OT: You're right about keeping it off the public forum, AT, so I'll try to keep it brief. I hang out with UNIX and Linux penguin geeks who work as security white hats and I have to tell you that DRM in its current incarnation is a lot leakier than you think. Of course, they're certifiably insane, but the a case in point is:
http://www.theregister.co.uk/2005/09/02/dvd_jon_mediaplayer/
While 99.99 percent of people who use the web won't bother, it only takes the .01 percent to make the protected content available online via a torrent or some other seed/leech P2P system. It's also why very few systems that stream media are actually using the WMP DRM system -- it's mostly corporations with protected business apps, or music media providers.
If I had anything to say about whether TFN starts streaming media feeds of their protected content, I would put my foot down and say nein, never, not today. Maybe a few years down the road as TV, internet, and IP telephony converge some more. But right now, streaming full content is asking for trouble and is bound to end up in lost revenue somewhere down the road. Teasers and short clips aren't a problem, but take a look at the intellectual property concerns around the Torrent and YouTube models... It only takes one cracked upload or seed to create an ineradicable problem. Always remember that the web is viral. On-demand encrypted feeds over proprietary cable or satellite channels are another issue entirely -- I'm only talking about web browser-based distribution.
Well, just used my 2 cents up. Cha-ching! We now return to our regularly scheduled BKMP broadcast.
Nothing is bullet-proof, AT. Especially when you're talking about digital information.
Here's a general excerpt from the following URL:
http://emoney.al.ru/capture-streaming-video-and-audio/faq-streaming-video-audio.htm
It's beyond the grasp of the average internet consumer, but there are enough techies favoring data freedom who have the spare cycles to burn on busting DRM whenever possible. And once a copy exists, it gets spammed everywhere...
-----------------
Is it possible to resume streaming video/audio recording?
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Some programs allow you to resume recording (restart recording from where you left off). For example, you can use HiDownload or WM recorder. However only seekable streams can be resumed. Continuous (live) streams cannot be resumed.
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How to protect streaming video/audio from recording?
-----------------
You can protect your media content by Digital Rights Management (DRM) technology. But screen video capture software and direct audio recording software will allow to record such streams in such cases.
I doubt that will happen. Media streams are too easy to capture and save to disk for re-sharing across peer-to-peer networks.
Tomorrow will be interesting... Some of you want to load up the boat as low as possible. Others see the quarterly as validation and expect it to go up tomorrow.
If you haven't loaded now, I think you'll miss out on this run up. But with carriage news months out, no big deal.
However, I seriously doubt that there will be any serious action down in the .0002 and .0003 range. The serious flippers who want back in at the low original range are just shooting themselves in the foot. It took long enough to get out of those silly flipping ranges where everybody bought and then immediately posted a GTC order just above.
If you want to flip, you can still do it. But BKMP has attracted enough attention and investors that you're at risk when you hold and you're at risk when you sell out.
Personally, I like what I see in the Q2 report. Dilution has always been a fear and seeing the big fear negated is soothing. The ask yesterday was getting stacked for a run, IMHO.
We'll see what happens in 7 hours. Go BKMP and GLTA.
DD in this case consists of reading the entire post...
"On most companies. Just not ours.
"
Yup. He's a lousy poker player. First he shows everybody his cards and then he tries to bluff. ROFLMAO.
An excerpt from your posting #116789:
... sold all my position at .0005 and 0.0004.I will reload at 0.0002...
I don't think you'll be able to get your twos... There are 9 MM's stacked on the ask at .0005 including NITE, VNDM, ABLE, and VERT, plus four MM's at ask of .0006.
If you've ever worked at the upper echelons of an actual business, you would know that the people who WORK within the firm are more concerned about building the business out and keeping revenue flowing so they can pay their bills and payroll. The investors who float the money have to wait until the business is a going concern before they can rationally expect to see a return on their investment.
If you're looking to just make a quick buck on fast plays, go to Vegas. Or keep all or part of your money for pure momo plays.
Stop plastering this board with your whining just because you got stuck holding the bag on this stock. If you actually think it's going to tank, get out. If you don't trust Sandy, say it once. Or just wait patiently like the rest of us.
P.S. I thought you were leaving us? LOL. Your anger makes me laugh.
What, you don't want to argue? I came here for an argument. If you came here for abuse, that's just down the hall.
The real world is more like Monty Python that most people suspect... Go back to your XKEM board if you can't handle getting bashed back.
Thank you and come again!
Dude,
A list of daily numbers is NOT an explanation... An explanation is a logical series of statements that states the reason for the existence of a condition.
Here's another "explanation"...
x=4y-(33z)
HLEG is bouncing up today, pre-Q2 report.
Looks like a few folks are betting on Q2 financials to be released in mid-August. But preparing quarterly statements isn't just a matter of crunching the numbers. You also have to wait for revenue to be collected and recognized; and assess any bad debt. Six to ten weeks after the end of the quarter sounds about right. So mid-August to early September sounds reasonable.
There isn't a fixed date. But the Q2 for last year was released on Sept. 13 of 2005. I'd use that as a baseline.
http://www.pinksheets.com/quote/finance.jsp?symbol=BKMP
US carrier news? That's classified. The locations and activities of our naval assets cannot be disclosed to the general public.
;P
1 x 11. UBSS is holding the fort on the bid.
Ask at 6 is getting slapped hard! Nice.
Got to agree with you, realtor. God I hate whiners. It's the loud whiny gears that expect to get greased. Ignore the gloom and doom bashers. It's the pinkies, people. Translation: runs and lots of volatility. BKMP is a young and actively growing entity with a lot of growth to come.
If/when the pps goes back up to the .0007-.0008 range over the next two weeks, you'll see the loudest bashers either go silent or suddenly become "to da moon" fans again.
BKMP reminds me of shuttle launch preparations. It takes a lot of time, prep, and people to get it up into the air; and delays are normal. But when it launches, you'll see and hear it from miles around.
There's the hindsight where you kick yourself for not selling soon enough. But that's not as bad as the hindsight where you kick yourself for failing to take a risk.
It seems that a number of folks on this board have sold all or part of their positions to free up cash for other plays. No problem. I've done some flipping and made some profit off this stock over the past few months, myself. It's why we're all here, right?
But if pumper sentiments must be restrained by facts and DD, negative input also should be fact checked. Think there's ongoing dilution? Fine. But do some work and try to back it up. And there's no need to keep ranting about it. Do your DD and act on it. Sell, hold, or accumulate. Or all three at once. Don't matter to me... I'm just sick and tired of reading your fear and loathing in print all the time. If I want that, I'll just turn on the TV and watch Fox News...
Heck of a paint job. Two trades of 1000 and 1500 shares at six in the last 39 seconds... Seems like a lot of folks are bailing out -- this is a heck of a shake. Time to play the milk shake song...
OT: Top ten reasons that online buys for IPRE are halted:
(01) Solar flares are disrupting the ionosphere.
(02) Tensions in the Middle East are slowing down the Internet.
(03) LGM [little green men] are day-trading from Mars.
(04) Market makers are buying like mad to cover their shorts.
(05) The folks in the local Scottrade offices are lonely.
(06) Because.
(07) Because MM's can get away with it.
(08) The dog ate my broadband internet homework.
(09) Some IT schuck plugged a fax machine into the network jack.
(10) The ice cream truck is down the street -- all traders are away from their desks and lined up for fudgesicles.
ROFLMAO, tag. Gotta love the "educated" professionals when they're a dollar short and a day late.
Who here thinks the pps of BKMP is ridiculously low? Perfect positioning in a hot space, lots of partnerships and proven growth, a frozen or shrinking OS, and poised to explode to other markets. All for 1/20th of a penny? It's enough to make a greedy, small-time, private investor weep... ;)
IMHO, I'd rather see UBSS online as a MM for this stock than see it gone.
Why? Despite the drag that they put on the pps ticks, they do bring volume -- which makes it easier to get in or out of a given position. Beats being stuck in a penny that is dead in the water with low volume. Weak hands can shake out, others can go chase other stocks, and the longs can hold knowing that the opportunity is there but holding may lead to bigger pay-offs despite the higher risk.
NITE and JEFF also seem to be pretty big players in the penny arena.
But who the heck is VNDM? Vandham Securites has been active on this stock lately with large bid/ask sizes... Anybody know anything about them or their reputation?
Seems to me that most stock tracking systems round up to the nearest $0.001. Since most subpennies trade in ticks of the hundredth of a cent rather than the tenth of the cent, the value of a position sometimes gets mangled.
I see this problem on Scottrade, Yahoo, and Alphatrade's Jupiter wireless system.
Yup. My Alphatrade 30 minute chart for BKMP shows accumulation increasing for the past 10 days, especially since the pps touched bottom near .0005 --- the boats are being loaded for the next fun filled cruise.
So let me get this straight. You have to use broker-assisted buys on Scottrade. But what about sells? Can you still execute sells without the broker? If so, this points to MM's being caught off guard and trying to save their pants rather than imminent bad news.
Doesn't UBSS funnel a lot of retail trades, though? All of the griping about MM's doesnt' always make sense. Especially with pinkies, since most institutions don't play in this sandbox. I get torqued at MM games with spreads, but most of the "games" are investors trying to buy in as low as possible, or dumping their positions. Right?
L2 stronger now. 7 x .0005, 2 x .0006. NITE moved ask up to .0007. Only JEFF and UBSS left on ask now.
Anybody else notice that Cogeco started carrying TFN on 7/18? See post #67656. Cogego has also been listed on the TFN web site for some time now, under the carrier list.
So it took Sandy a whole week to release the PR? When he says that he doesn't control the timing of PR's, I kind of doubt it. He does spin the timing to further BKMP and TFN's goals.
I am inclined to trust him because it is in his best interests to see TFN/BKMP take over the MMA broadcast world. But if he says that he releases PR's when they're ready regardless of what they may or may not do for the stock's pps? I don't believe that one bit.
Let's see a close at .0006 today -- five is a dangerous point. Also, I agree with AT about sensing some major USA carrier news very soon. My spidey sense is tingling.
Daily flux from daytrading is understandable. What makes me a bit upset, however, is the fact that the bid is always pegged down at .0115 no matter what the ask is set at...
The spread is redonkulous and has been like this for weeks. It's acting like a rubber band. PPS will go up a bit and then get pulled back down by the huge spread as the bid never advances.
Are MM's hostile to SPZI? I remember several threads on this board about SPZI being a "disruptive technology" since it can tap into multiple back-ends. Are the market makers intentionally spreading the b/a to kill any pps growth?
Just thinking out loud. Any thoughts?
Also, note that VNDM (VANDHAM SECURITIES CORP. out of NYC) has an ask of 1 million size at .0007 to match its bid size of 1 million at .0005.
Both adjustments were made at 11:17 AM today.
Meanwhile, NITE and UBSS continue to hold the b/a down with ask at .0006.
Bid size is 1.18 million. Ask size is 10K.
But looks like only 8 of the 17 MMs at bid were online today. All others were at .0005 days ago. So "real" bid size may be 1.13 million. VNDM is huge at bid with 1 million.