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No....the numbers were just updated and showed 400 Million new shares added directly to the float last month....given the low trade volume nearly every share that is purchased further dilutes your investment here....
AND....Billions upon Billions more shares will be required to meet the terms of the agreement with GGI....especially at the current pps!
Because (Possibly) the buy-out is a farce and only designed to stall matters until TFN is launched in the USA....
If ever I saw a pump and dump scenario it was when SW released a buy-out PR then was interviewed on Traders Nation radio...the volume was off the charts and the pps was climbing UNTIL....he mentioned the OS and Float! Nice cover for dumping lots of shares!
As I recall Agent...you were one of the largest of those proclaiming what a great investment GZFX stock was......did I mis-read all your "pumper" posts?????
I wonder how many individuals were "duped" into buying more shares or holding longer because of your posts here????
400 Million shares added directly to the float this past month.....anyone calculate how many shares traded???
Nearly every share sold goes directly to float and dilutes shareholder interests!
Great job there JF...keep up the good work!
The 9 Billion share figure that you are citing was from JF.....however, as you may also recall it was the result of adding the (then current) OS to the 5.8 Billion shares SB-2A that were registered for sale with the SEC. Also remember that these shares were registered with a value of 0.0050 pps!
At the current prices.....there is NO WAY that the OS can be limited to 9 Billion shares and as "William" has pointed out (in essence) GZFX has already defaulted on the agreement with GGI since they do not have a sufficient supply of shares registered with the SEC to complete the agreement!
Given the current shareprice and its rather steep decline over the months since the SB-2 and SB-2A has been established.....GZFX will either have to perform an RS or register more shares for sale with the SEC.....
The 25 Billion AS is the next target to be concerned with!
Big deal....talk about one of the worst managed partnerships I have ever ever seen! In my view, partnership involves a bit more than throwing some DVD cases with GZFX logo's on them onto the bottom shelf of some rack in the back of the store.....
Of course some stores did the promotion justice, but in many the "jewel cases" were just tossed onto a shelf with every other offer that CC had with every other startup business....none of the CC sales staff and in many cases even the managers knew anything about the deal or why it would be beneficial to GZFX.....
This was the main reason for the roll out of numerous distribution centers and the whole deal was bungled!
Not that I am surprised.....not sure the GZFX CEO would know how to do it right to start with!
and I am speaking with much retail experience on marketing special deals!
This is done regardless of any progress by the company....with Billions and Billions of shares owed to GGI to complete their agreement.....it won't matter what the company has done....
GZFX continues to sell SB-2A shares directly into the float and will continue to do so even with good news...in fact with any news!
Not too mention the fact that many of the hits would have come from shareholders; which at that time probably numbered much much higher than they do currently!
Guessing that the lack of posts/excitement seen on this board since that time is also related to loss of shareholders, but not subscribers!
It was paid for by selling shares....huge negative drag!
McDonald's didn't start their business on a bus tour! LOL!
Actually GZFX hasn't kick started their business with a bus tour either......
ROFLMAO!
Moroch????? Why would they need a bus....and did anyone here know who they were before the PR???? That is my point!
The McDonald's bus is recognized because of the brand they have in place....not that the brand was made with a McDonald's bus!
Actually no, it isn't a relative thing.....not in stocks with Billions in the float it isn't......and volume isn't high enough to denote "lots of interest" or high enough to represent or put any pressure on either...hence no bid still!
Completely agree....the company is fully capable of releasing news concerning general operations etc...they just can't talk about any details concerning the supposed "buy-out" etc....
This includes financials! No company stops filing or releasing financials because they are in negotiations to be bought! Certainly BKMP which has no clear relation with TFN's financials and shows no revenues derived from TFN would not be restricted from filing financials and informing the shareholders of the share structure....
This whole thing is somewhat contrived in my opinion.....no news where it matters most....so we will delay and pretend there is a "quiet period".....yet interviews on syndicated radio stock programs and sports programs don't seem to be an issue????
42 Million for a stock at 0.0001 and billions of shares in the float....aint high!
Of course it was planned! The deal that GZFX entered into with GGI was planned, the 25 Billion Authorized was planned, and the continual sale of those shares into the float was planned.....the only thing that may not have been planned on is that the company is still completely and totally dependant on the sale of SB-2A shares to stay in operation! But don't worry, the boss got his 15% annual increase!
Poor management wasn't planned for, but certainly is evident!
Badly managed deal with Circuit City, building out multiple distribution centers to handle traffic from circuit city etc...when few came.....
Very Very Poor Planning and complete lack of a plan of action from conception thru to what little was done to carry out any plan....hey lets just throw some DVD boxes on the bottom shelf of Circuit City or hey, how about a bus tour....that'll bring in in droves wouldn't you agree???
Then how is it that so many TA's are gagged????
Guess it is not true!
Yes....."late summer" USA rollout to begin direct from MG of TFN!
Isn't that convenient!
After the buy-back announcement we traded in the Billions of shares (or close as I recall).....yet the share price fell....just so happens SW had 504 shares registered and ready for sale....
Coincidence...doubtful!
Actually, it is a pinky....he doesn't have to tell anyone anything about financials or about share structure if he doesn't wish.....
Everyone here is hoping for financials with the OS by the 15th......time will tell!
Turnaround....LOL! Like going to bottom leaves you much of a choice...but....ALAS...until GGI is finished selling Billions upon billions more shares, no turnaround will take place! Not for the stock and shareholders of GZFX at any rate!
Video has been removed, and tag line is incomplete??? So exactly what does this mean?????
It is my opinion that based on the pattern of trading prior to the first Traders Nation Interview but after the first PR announcing the supposed "buy-out" that this was essentially a pump and dump!
(1) Sandy had 504 shares registered.
(2) Sandy stated that the response to his very generous offer to convert our "free" preferred shares into restricted common shares for a price was poor (no big surprise there)
(3) Sandy sold 504 shares onto the open market to compensate for the poor response stated in 2 above...
(4) CMF clearly (highly suggests) dilution has taken place.
(5) Sandy clearly stated that the OS was approximately 15 Billion with a float of around 14 Billion. Regardless of whether this is an estimate or not, the estimate is higher than it should be, and the restricted common shares (small amount added as a result of conversion of preferreds) would not result in an increased float.....either way, these numbers negate any effect of the supposed buy-back of 1.667 Billion shares!
My opinion, but I would be willing to bet on it!
Time will tell....or will it???
If the company (MG/SW) had announced this interview or even placed the event on the TFN Website under investor news....perhaps the shareprice would have held up a bit better during the dump by SW???
I hope that SW and MG are working on some kind of plan to keep BKMP from being assigned a "STOP" or "SKULL and CROSSBONES" warning symbol......other wise volume here will dry up considerably and it will be much much more difficult to see any value added to our investments here!
Sure wish they would announce a USA carrier!
Yes, basic supply and demand....the supply is huge and the demand is low and the company has shown little to nothing to increase the demand or to show true added value for the shares given the ever increasing supply!
Not really wasting your breath....you of course are correct....but under the current circumstances my question is still a good one.....GZFX has given shareholders nothing to rationalize paying a higher price for!
So why pay more when everyone knows that every share that is being sold is diluting shareholder interests?
Given the fact that the company is in fact in default on their agreement with GGI (based on current share structure etc), and will have zero choice but to register more shares for sale and are therefor forced to continue to dilute why should anyone pay more than 0.0001 pps for shares????
Isn't that about what they are theoretically valued at with the current agreements and constraints?
Well Wayne, when it comes to the ever increasing (death spiral toxic financing package that GZFX has entered into with GGI) number of shares required to satisfy the agreement....note that the SB-2A was registered with 5.8 Billion shares (I believe) and that was assigning a value of 0.0050 per share....look at the price now and calculate how many shares are required to fulfill the agreement!
I believe some have shown this previously....wasn't it close to 50 Billion...of course it would be on a sliding scale as the price slid downward, but it is much much much more than the 5.8 Billion shares that were registered with the SEC!
So yes, look for Bazillions more shares to be added to the float, and an additional filing with the SEC in order to add more shares for the purpose of completing the deal with GGI....note that GZFX will receive no more additional funds from the sale of these shares.....how will they raise funds?????
Sorry, JF screwed up big time! and screwed the investors even more.
I guess we will see about reaching 70K of subs this year....much of that will depend on whether or not they show any sub growth this past quarter or not......
and the freebies from MGC don't count! LOL!
I thought the SB-2A shares were already being passed around and smoked up by the investors here on this board....surely can't do anything else with them now can you???
LOL...BAZILLIONS more SB-2A shares.....GZFX will have to file for more shares soon enough...wouldn't want to be in when that filing hits the SEC!
They will, just have to be patient...with Billions upon Billions more SB-2A shares to be sold it is just a matter of time and where you are in line!
and William, why should anyone want to buy at the ask considering the number of SB-2A shares to be dumped.....no way this holds up...sooner or later shares will be sold at 0.0002 whether it is on the bid or the ask side of the equation....at the present and with the number of shares owed to GGI...the bigger question is whether or not it will see no bid and an ask of 0.0001 before the RS occurs!
That's simply because none of those other "sources of revenue" have generated any revenue to speak of!
If they were gaining revenues left right and center.....GNF would have announced these huge gains and then dumped more shares into the news!
Lots and I mean BAZILLIONS more SB-2A shares to GO!
Yeah thanks.....already all in!
Tough not too be serious with my BKMP shares down 80%, no bid, and SW playing games.....
If new programming/channels are going to be added....most of that occurs either at the beginning of summer or at the beginning of fall programming! Best bet is that whoever is going to be the first to roll out TFN in the USA will add it too their fall lineup!
or more than likely a response to the news just discovered (by RANZY)!
The three day rule!
Actually MG said clearly LATE SUMMER!
Well Neal....you are the one that seems to be a bit sensitive.....I believe I stated it was a nice find....and the comment about no one hearing about this until 34 days later refers to SW and MG! It is their job/s to be sure that shareholders are kept up to date....we should not have to stumble acrossed news some 34 days later!
As to my contribution here.....it is minimal currently....however I did contribute significantly at one time when I had some contact with Time Warner; who at that time were supposed to have been in contract negotiations with TFN (according to my source anyway)!
Most of what is posted here as DD comes directly from the TFN website or RAW or etc......and is really not what I consider to be due diligence since it has little connection to TFN/BKMP as an investment and more to do with the daily operations of TFN and what news they are reporting....
IF MG is truly on schedule with a late summer roll out in the USA that is great news...it MAY also indicate that the "buy-out" is not really in the works?????? Still on the fence on this supposed "buy-out" news....since nothing has come directly from MG concerning this. The big dump into that news make me very suspicious because I do not believe that a CEO in contract negotiations would dilute their stock (at that time)...it would make the deal much less attractive.
One thing is clear....Since MG publically announced that SW is his partner in TFN...then if all else fails BKMP shareholders could perhaps go after a piece of TFN legally now!
Nice find Ranzy....too bad the interview was on June 20th and we are just discovering it on July 24th.....
FightNetwork coming soon to the USA.....late summer rollout to begin! Well, August is just around the corner....it doesn't get much later than that!
Really??? LOL! Doesn't change my point one bit....the only thing that will be in the financials is how much money SW raked in on the sale of the 504 shares...and how much dilution has taken place!
Neither of which will add value to our shares!
Will it actually tell all??? or provide more unanswered questions?
where is the US carrier deal/s?
Where is the UK or Australian Carrier deals that were expected to come to a conclusion?
What about all the other countries that TFN is supposed to have been working on in terms of carriage?
Are the Fight Mobile deals actually picking up subscribers and how many?
How are the pay per views doing in terms of dollar values?
Answers to all these questions would (with good news or even luke warm news) provide positive value for our shares!
Why buy at 0.0002 when you should be able to get 0.0001 in a few weeks/months or so????
Unless GGI stops selling shares (which they will not because they have Billions more shares owed to them) this will not sustain a higher pps....it cannot fight the tide of 200-300 Million shares in dilution per month!