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I support your opinions , Artfink . CEO S.W. did declare that he wanted to reward " long " holders of BKMP stock . They too are long-holders of BKMP stock and as such they have a vested interest in making BKMP a growth investment rather than a daily target for speculative interference by manipulations of the PPS .
Fickle daytraders cause volatility to suit their own needs and couldn't care a hoot for the instability in the PPS that they influence , and control . BTW ....MM's are day traders as well .
It is reasonable to think ( and believe , for some ) that
S.W. has greater aspirations for this company than being subjected to the whims of the players in this stock ....ALL of the players . S.W. has accomplished much growth for BKMP , with much greater growth occuring imminently .
The Preferred Dividend appears to be one logical step to stabilize the PPS with long-term holders ....ie , INVESTORS ,
with the apparent attempt to have a share price that is commensurate to that GROWTH . The PPS should already be much higher than a lousy .0008-9 just for their accomplishments to date .
Nice post , Artfink .
Renee
Thanks , Lochute ....will do , forthwith and toute-de-suite .
Renee
Market Makers use cross trades between themselves to ARTIFICIALLY induce runs ( up-ticking ) or sell-offs and the tactic of shaking the tree ( down-ticking ) .
They DICTATE the direction , knowing that EMOTIONS of " GREED and FEAR " are the biggest handicaps of OTC / Pink Sheet investors .
It is what they do because they can , with impunity . They answer to NO-ONE !!!!!
Survival tactic : One must eliminate ALL emotions ....NO greed , NO fear .....just RATIONAL decisions .
See .....EASY .
The MM's are controlling this , EXACTLY as they have done for months .
They don't look ' skeert ' to me , nor are they blinking .
It really is up to Sandy Winick to get the desired , maximum effect of the Preferred Dividends . It is plausible that he will wait until it is TOO LATE for the nasty , rotten-to-the-core MM's to safely cover any counterfeit shares / NSS , and then hit them right between their eyes .
The timing of the Preferred Dividends was not co-incidental and was likely timed to co-incide with a bigger strategy , as it appears to me .
There is a saying ...' when you least expect it , EXPECT it . '
This lass is holding , with RESOLVE .
Good mornin' MMA ankle biters . As Rasica has pointed out , UBSS was on the bid all day friday , which could indicate they were buying up NSS . If that is ( partially ) true then UBSS and other complicit MM's will be buying back the remainder of NNS , today , tomorrow , and ? , to not only cover THEIR NSS positions ( and cross trades will NOT suffice !! ) but also the Brokerages' NSS positions .
It is my opinion that the Brokerages are the ones with the honkin big problem , because it is they that would have to
ensure 10,000 of the new CUSIP & Ticker Preferred Shares are
allocated for each common share for all of their customers ....us .
To me , if indeed BKMP aspires to effectively eliminate the NNS in BKMP then the Company needs to announce that the Preferred Shares will be in Certificate Form and that Brokerages can only receive Preferred Shares upon confirmation of LOCATED shares .
Can BKMP set the standard for forcing the two entity GIANTS of MM's and Brokerages to capitulate on nakedly shorting BKMP
and never " locating " BKMP shares ? Such ploys have NEVER BEFORE worked for other OTC / Pink Sheet stocks , I surmise because those companies did not have the power of VIABILITY , and virtually all of them had the enemies of toxic , death-spiral financings .
BKMP has VIABILITY in spades . BKMP corroborates their accomplishments which confirms their VIABILITY . BKMP has NO toxic financings upon their renegotiations with the CD holder .
BKMP has verifiable partnerships / licences / contracts with Industry Leaders .
The MM's should soon blink .
Ragsy ....now that was funny .....right ? I particularly liked number 1 .....hahaha .
Like the meany Market Makers who do what they do because they can , well .....heh , heh .....so do we .
I do believe Richard Pryor said it best .....I'm sure you know what that is .....wink .
Re BKMP ....we're gonna do just fine , then I can call you Richy instead of Ragsy ....LOL .
Interesting , Neal . Virtually all of us have been believers in at least one OTC / Pinky stock that made rather earth-shattering promises....then , when the company would not deliver the ' been there before ' realists would become stock-specific atheists and then move on . The blinded optimists / believers will always see the pony's tail under the huge pile of horse hooie .
The old adage about fool me once , shame on you ; fool me twice , shame on me has made agnostics out of most OTC / Pinky stocks . It really does help to minimize losses , and to always seize the opportunity to lock in profits , just in case .
So far , BKMP is one of the rare , elite stocks that keeps provideing PROOF to what they say . When the PPS begins to reflect that PROOF , all the agnostics will become YIPPEEEEEE Believers and the BKMP atheists can go to that hot place while we are on Cloud 9 .
You probably just wanted a one sentence reply .....LOL .....just like my Beau when he asks a simple yes or no question and he gets a diatribe instead . He has the
' rolling eye-ball ' thingy down pat .
Alas ....c'est moi , ami .
Do the BKMP agnostics know Jack Schitt ? I think they do .....
http://home.pacbell.net/diana_do/knowjack.htm
A famous scene : " Yes !!!! Yessssssss!!!!! YESSSSSSSSSSS!!!!!
Oh gawd YESSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS !!!! "
I think I'll be doing a Meg Ryan version myself , and all the BKMP agnostics can say , " I'll have what she's having " ....and all it will cost them is .03 cents for each nibble of my BKMP shares . Now that's what I call a climax ....hahahahaha .
" BKMP Anonymous " .....hahahahahaha . Ain't dat da truth .
We're a bunch of BKMP junkies .
I do think that sooooooo many investors have bought into the lofty dreams of many other OTC / Pink Sheet companies ...and those dreams turned into nightmares when those companies' news releases were NEVER corroborated by secondary sources .
That is the qualitative difference with BKMP ....
they corroborate EVERY accomplishment they make ....the
elixer called PROOF !
I sincerely hope that every BKMP investor recovers every penny X 10,000 that has been lost in most other OTC / Pinky stocks .
Your post perked me up this early in the morning ....always nice to begin a day with a good laugh .
Excellent post , Artfink . Stretching the mind is a good exercise .
A good day to all .....things to do , dancing tonight , and blah , blah , blah .
R .
12Reflect : Somewhere in the collection of supported opinions
from the few dozen who stretch their minds , there are the answers . Approximations are fine too .
BKMP has aggressively accomplished in 12 months what too many companies take years to do , and on the OTC / P.S. markets very few ever accomplish their lofty goals . That , just by itself , should have BKMP's PPS higher than tripple zeros when so many other UNPROVEN OTC / P.S. companies have a PPS much higher ( including market caps ) .
Appreciate your comments !!!!!
Renee
Interesting post , 123Dave321 . The events of the last few weeks appear to me to be a sequence of timed strategies ,
not the least of which is the perfectly timed appearance of HRHR ( and his declared group of individuals ) and his apparently unlimited money resources to buy up mega millions of shares .
It is also my ' OPINION ' from my observations of many other stocks over the years that BKMP is being meticulously primed for a run . The salient difference is that BKMP appears to want the run in the PPS to be sustainable , setting the company apart from the typical OTC / Pink Sheet type of runs .
Of the many stocks that have run and then flopped , creating the term bagholders , there are some stocks that actually make it and hold onto the gains , and in ALL of those instances those companies provide(d) rock-solid , incontrovertible PROOF of growth and they establish(ed) themselves as a SAFE , growth investment .
So many companies make claim to partnerships with Industry Leaders , but one can seldom if ever find the corroboration from any of those Industry Leaders . With BKMP we do have the corroborations with EVERY ONE of their partnerships / affiliations / contracts with Industry Leaders ....to name just three of them , Cingular , Sprint , Telus Mobility . DD will reveal ALL of them .
So , when BKMP releases news about a newly forged partnership , goal , etc . , investors will be inclined to believe them , predicated on ALL of their prior declarations being 100 % truthful .
It really does boil down to PROOF , PROOF , PROOF for any GOOD company to make it on the appropriately maligned OTC / Pink Sheet markets where criminals and pariahs of every stripe feed on the susceptible . In my studied opinion , Industry Leaders DEMAND such PROOF , and even more so from the underbelly OTC / P.S. markets , insomuch as they are loathe to risk their hard-earned reputations and their own stable of trusting investors and stakeholders , no matter how good a struggling company appears to be .
They evidently trust BKMP & TFN . If they can , then so should we .
This lass is holding .
Thank you , Rasica , for your clearly written assessment .
You have a terrific ' HANDLE ' on the BKMP / MM situation .
On the anticipation that you are quite correct we can all drink from the ' CUP ' of victory .
I think both our white mice ( mouses ? LOL ) run at the same speed and direction on the treadmills of our minds .
I am grateful for your contributions , and your mentorship .
My raised glass to you !!
Renee
And the OTC cemetary or Intensive Care Units are filled with defunct or beaten up companies and pump & dumps .
QBID was more disgusting the way it was pumped and dumped ,
but the end result is much the same for HUNDREDS of other stocks .
I can't emphasize enough how critical it is for BKMP to build the company on good business practices so that the PPS can go higher on honest MERIT .....a growth investment and not just another atypical P&D .
It appears to me that they are doing everything correctly , and with demonstrable regard for shareholders ( eg : 5 timely and sequential Financials / newsletters / verifiable deals & associations with Industry Leaders like Telus Mobility , Cingular , Sprint , etc ) .
It is only because OTC / Pink Sheet investors are pre-disposed to label every OTC / P.S. stock as a P&D , and that is partly why BKMP hasn't risen to higher PPS valuations , and largely from MM suppressive manipulations because they can get away with it on the un-scrutinized Pinkies . BKMP's accomplishments to date are extremely impressive , with confident assurances that their forward-looking accomplishments will be even greater .
It is my careful assessment that BKMP should already be in the two zero range , over .003 and climbing on MERIT .
Is that like the saying , ' A good man is hard to find ' , but at QBID the saying is ' A hard man is good to find ' ?
Barfy joke .....my bad .
Heck , Rasica ...there are many dozens of examples of runs on stocks that had little to do with positive fundamentals , and more-so on hype and false news releases , and most of them have lost most or all of the PPS rise ; ( the following are rough estimates from memory )MBAH from .01-ish to .35 , PLKC from .015 to .21 ; ADZR from .04 to $1.85 ; IBZT from .0002 to .07 ; TNOG from .005 to .055 ; CYOS from .007 to .065 ;
NEOM from .015 to .45 ; the infamous QBID from .0001 to .025 for a 25,000 % run ; and so many more .
If / when the MM's choose to run BKMP they will run it , and if there is either profound news or any other catalyst to nudge the MM's then they can and will run BKMP like a
stampede . The MM's always want a few stocks to run to agitate LIQUIDITY , ie vigorous buying of the runners , and vigorous selling of other stagnant stocks so those investors can buy the runner . It is the most masterful cycle imaginable ....all courtesy of the MM's who are gods who answer to NO-ONE .
A pesky thought : The MM's know about the divi and yet they have controlled the PPS with no apparent fear or trepidation
about any consequences to NSS . Of course that may change next week ....but so far the MM's haven't blinked .
They also know about imminent news that ' MAY ' rock the world . So ....we know that MM's never lose and they are hardly ever held to accountability , so they ' MAY ' figure that they can skirt around the divy and NSS because the divy is blatantly excessive , and then wait for the news
to run the bajeebers out of BKMP .....and sell more NSS on the run at a much higher PPS .....and then do their typical walk-down .....and then worry about buying back the NNS if it becomes necessary , and inducing brutal capitulation to do so . Again ....Market Makers have never lost before and they will likely use any and every rotten trick in the book to not lose now , on BKMP .
Anyway ....BKMP does appear primed for a run . It is BKMP's responsibility to provide verifiable , earth-shattering news to sustain the run , or new investors could become fodder to the dirty , rotten MM's .
IMO .
Yikes ...looks like I'll be the only ' hoser ' there from Canada , so no talkin' with your cute accents , ok .
Eh ?
Glad we got that all straightened out .
I may be a bit late for the Vegas party , you know , the return trip from ' DA MOON ' may take awhile , especially with Uncles Neil and Buzz flying the Shuttle and getting lost .
Anywho ....I have extended family in Vegas so put me down from Calgary .
Maybe I can sweet talk Photo into buying me a drink ....but be forewarned , I spur my sleech after two dwinks .....hahaha .
Very very OT re 9/11 :
I remember sobbing for 3 days , couldn't sleep , eat , function in any capacity . My healing began when I could become thankful that those buildings stayed up long enough for 97,000 people to get out alive .
The excruciating sacrifices of the brave passengers on Flight 93 avoided more catastrophic loss , known to be the White House .
And we worry about a non-sentient stock .
I hope monday's Memorial minute of respectful silence on the National Markets brings PERSPECTIVE .
Appreciate the comments , guys .
You may email me and I will be pleased to share my career vocation . Essentially I work with disenfranchised teenagers who are at risk , and who are usually in conflict with the law .
Patience ...or patients . It is a choice that should have NO specific relevance to BKMP or any other stock , but only to the self decision to invest REASONABLY within tolerance of risk V reward , or EXCESSIVELY beyond tolerance of risk V reward .
Stay within tolerances to risk and then patience is easy .
Besides ....I hate the thought of taking pills for anxiety ....call it self-preservation .
Hope this doesn't smack of sanctimony ....it just works for me .
Intentional or not , BKMP has dramatically increased public awareness of the company with the well publicized , glaringly exorbitant 10,000 : 1 dividend .
Logically there must be a strategic reason , when a 1:1 , or even a 10:1 would have been a more appropriate and very generous gift .
Either from intentionally feeding the greed machine of OTC / P.S. investors , to a possible poison pill , to possibly forcing the Brokerages to locate / buyback alleged but highly probable NSS , to forcing the MM's to do the same buyback of NSS or at least to STOP further abuses of NSS of BKMP , to
another agenda unknown to us , Sandy Winick has at least generated a lot of public awareness through the exorbitant dividend , and then capitalized on that increased awareness by following up with the newsletter about BKMP's and TFN's accomplishments . Simply , many more people know about BKMP and TFN than before the dividend news of last friday .
Mission accomplished ?
To me , most likely the exorbitant 10,000 : 1 is to ensure that the new stock cannot feasibly trade even though it is technically tradeable , while still accomplishing whatever the strategic purpose is in the first place .
Written while scratching my noggin in perplexity .....LOL .
Proposed ( by me , LOL ) symbol change for UBSS to BSOS , to reflect their corporate name change to Big Sack Of Stupid .
How dare those meanies mess with BKMP .
Go get 'em , Sandy Winick !!!!!
And fwankly , Yolo ....it seems like a thankless job .
You and Mimurray are the most balanced , open-minded Mods I have observed on any board , and you both ' hit the nail ' with tact and clarity .
You both have my total support !!
Renee
OT : As you may know , Yahoo Finance now has streaming quotes for every stock ( delayed ) . Go to their main page and click on ' Most Actives ' ....it is like watching Christmas Tree lights , blinking reds and greens for the 25 highlighted stocks .
I get dizzy just trying to focus on one stock while the others are blinking wildly .
Even BKMP's face page on Yahoo blinks often , as the meany MM's uptick and downtick frequently and the share count tally blinks incessantly with each new volume .
Fwankly ....I don't like it .
Analyzethis : I am long overdue in commending you for your commitment to accurate , elbow-grease D.D. , and your well thought out opinions .
Thank you !!!!!
Renee
The NEWS : Copied herein :
Blackout Media Corp. Clarifies Preferred Share Dividend
Thursday September 7, 9:00 am ET
TORONTO--(MARKET WIRE)--Sep 7, 2006 -- Blackout Media Corp. (Other OTC:BKMP.PK - News), on September 1st, announced that the Board of Directors has declared a stock dividend, payable to shareholders of record of September 15th, 2005. The dividend will consist of ten thousand (10,000) free preferred shares of Blackout Media Corp. for every one (1) shares of BKMP held on September 15th, 2005.
ADVERTISEMENT
Many shareholders are confused about this dividend; the following answers should help clarify the dividend:
1. Yes, the press release is correct: for every one common share of BKMP you will receive 10,000 preferred shares as long as you are a shareholder of record on the 15th of September.
2. For example, if you own 1,000,000 shares on the ex-dividend date you would get 10,000,000,000 preferred shares.
3. The preferred shares will have there own CUSIP number and trade separately under their own symbol as preferred shares -- different from the common shares.
4. NO, this is not an option; this is an outright grant to all shareholders. You have to do nothing, they will appear in your account a few weeks to a month after the 15th. I can't tell when they will appear; that is up the DTCC in New York and your brokerage firm.
5. The value of the shares is whatever the market assigns to the shares, it is a free market and they will assign a fair value to them. I can't tell you what it will be; that is not up to me.
6. A preferred shares is a non-voting stock that is similar to a debt instrument.
7. If you are a shareholder now you have common shares.
8. The preferred shares will be free trading shares.
9. A new symbol will be assigned by the NASD some time in the future; again I can't tell you when but we are anticipating some time this month.
10. The ex-dividend date will be set by the NASD, and as long as you own the common shares of BKMP on the ex-dividend date you will be a shareholder of record and you will be entitled to the dividend.
11. You will not be diluted by this dividend, because the preferred shares are non-convertible and non-voting; they do not affect the outstanding common shares of the company and as they will trade under a totally separate symbol your present common shares will continue to trade under the symbol of BKMP.
Yolo ....you hit the head on the nail ( er...sumtin like that , LOL ) with your post . We have all seen good , task-oriented boards that have become infested with personal attacks / righteous retaliations , and grossly contaminated with disruption .
At first , a few good posters vacate the board . I mean , why bother taking precious time to write a good post to either have that post pummelled by those with a DETERMINED AGENDA TO DISRUPT , or to have it quickly scrolled off of the front page .
Then more good participants vacate the board as the board becomes the battelfield of the more prominent protagonists and
antagonists , and the vacating of focussed participants escalates even more .
We all know that ' FREE ' I-HUB members can only post 15 times per day , combined into ALL message boards on I-HUB .
I think the perks of being a paid subscriber are abused by
far too many and whether those abusers are PRO or CON a particular stock their abuses are in SWARMING the board which alienates reasonable , TASK-ORIENTED participants ( free or subscribed ) .
I-HUB could consider limiting PAID subscribers to a maximum of posts on any ONE message board ; for argument sake , say 20 posts during TRADING HOURS , with the added perk of being able to write the maximum posts on as many message boards as they desire during TRADING HOURS , and as many as they want to write in off-hours . It would encourage the PAID subscriber abusers to FOCUS on task-oriented , stock relevant posts which would dramatically reduce the disruption of the pro / con camps , which would foster increased participation by many others . IMO I-HUB would see many FREE subscribers becoming PAID subscribers when I-HUB demonstrated greater resolve in controlling the SWARMING problem of the prolific grandstanders .
My 4 cents ....just for you ( smile ) .
Renee
Yes Tina ....some carrier companies are private but they still get audited much like a Registrant Security , and audits hold a company accountable .
Five sequential Financials is commendable for ANY Pink Sheet company , and there could be a reason for BKMP doing so .
Just thinkin' outside my wee noggin' .
Five sequential SEC Financial reports ....all on time . BKMP looks like they want to get onto a higher , reporting Exchange .
My guess is that U.S. carriers may insist on it .
FINANCIAL REPORTS
Report Type .......Period End ..Date Release Date
Quarterly Report.. 06/30/2006 ..Aug 14 2006 ET
Quarterly Report.. 03/31/2006 ..May 15 2006 ET
Annual Report......12/31/2005 ..Apr 10 2006 ET
Quarterly Report ..09/30/2005 ..Nov 8 2005 ET
15c2-11 Information Statement ..08/13/2005 Sep 20 2005 ET
Quarterly Report.. 06/30/2005 ..Sep 13 2005 ET
I'm anxious to find out , Rasica . Looking " through the glass darkly " is driving a lot of people nuts .
I think they misinterpret the word patience to mean patients ...like , in the white gowns that flap in the wind while yer waitin' for Nurse Ratchett and her pill tray .
Gonna go do some stuff , so catch up with everyone later .
Thanks for your comments !!
Renee
Another theory : ( no barfing , s'il vous plait ) :
BKMP is hobknobbing with Fortune 100 to 500 companies , many of them as listed Registrant Securities on the National Exchanges .
The Fight Network plans to be on every television , radio , and phone that schedules MMA .
Teensy problem for any U.S. Industry Leader ' MAY BE ' that BKMP languishes on the un-regulated Pink Sheets where corporate hazards also ' MAY BE ' untenable to their coveted reputations and their corporate compliance to Sarbanes Oxley . BKMP may need to become a fully reporting company to satisfy such partnerships in the U.S.A. , and POSSIBLY the peculiar activities of the last three weeks are the set-up for that to happen .
Just trying to stretch my mind to where the peculiar events of the last three weeks are taking this company , ie the exorbitant P.S. dividend that is veiled to its objectives and mechanisms , and HRHR buying vast quantities of shares with apparently unlimited money resources , and BKMP still buying back the O/S , and most notably to me that BKMP has submitted TIMELY , albeit unaudited Financials over the last year ( a precursor to becoming a fully reporting , Sar-Box compliant company ) .
Sumtin is cookin' in BKMP's kitchen .....and even though we don't know what they're cookin' , it smells good from a distance .
Again ....SWAG , or plausible ?
**** OT note to Yolo ....thank you for your support for ' plausible ' to my earlier post . Your thoughts on this one ?
Last night or early this morning one poster threw out a very interesting thought . My apologies for not remembering who , to whomever that was ....BUT ....what if BKMP in tandem with like-minded investors ( possibly HRHR and his group ) were able to show absolute proof to the SEC that ALL of the official outstanding shares are accounted for by Brokerage client account records of HRHR and his group and BKMP's recorded buyback , and could then lodge a formal complaint to the SEC against the MM's like UBSS and Nite for unfair manipulations of BKMP by the specific and blatant use of NSS ?
The SEC would be obligated or at least embarrassed to intervene and a remedy could be for the SEC to expedite the Registration of BKMP's Preferred Share Dividends and let natural consequences occur to any complicit MM and Brokerage who would need to begin their own buyback .......of all the counterfeit shares .
There just seems to be a bigger reason for HRHR and his group to be buying multiple hundreds of millions of shares ( possibly billions ) when that is highly unusual conduct for a Pink Sheet stock .
a SWAG ....or plausible ?
Yes , JROD ...your points of comparison are very interesting .
It also seems to me that S.W. may want to capitalize on the element of surprise , insomuch as I think he has a bee in his pants over the shenanigans of the MM's .
I do think the activities of HRHR and his group could be connected to an apparent strategy to heighten the impact of surprise ...or if I may use the term , Shock and Awe , against the over-confident , arrogant MM's .
I drink your ethical posts !!!!
And with the " buyback was never stopped " statement , BKMP should only want to release the actual numbers when that news would have the most positive impact .
The exorbitant dividend and the " buyback was never stopped "
are probably linked to ONE strategy to occur before / on / or after September 15th .
If BKMP bought back more shares than anyone had ever expected
then that news should rival the ' BIG BANG ' theory .
I am quite satisfied that BKMP knows EXACTLY what they are doing , sequentially and progressively .
And our part as shareholders is a little bit of sweat equity
while we wait for an excellent reward to risk candidate , BKMP .
In response to replacing the MM's . The NASD attempted to redefine the MM's role on the OTC from Market Makers to Market Facilitators of electronicly submitted buy and sell orders with their proposed BBX market several years ago . The NASD advocated for the BBX whereby the MM's would only be able to process REAL buy / REAL sell orders , and the NASD emphasized the BBX was designed to be a " FAIR " market for public investors with absolutely NO " market making " interventions ( implied as manipulations ) by the MM's .
The NASD had the BBX ready to go , but the Market Makers en masse lobbied the SEC , citing a whole bunch of grievances , and the SEC capitulated to the MM's .
The implementation of Regulation Sho was the SEC's alternative to the BBX . Since then the naked shorting of Securities with COUNTERFEIT shares has continued unabated .
Do we see where the problems really lie ? The MM's are gods who answer to NO-ONE because the SEC allows them to be gods who can do whatever they want , with impunity .
Sign the petition to investigate the SEC . Write letters to your CongressPerson . Write to newspapers , television , to O'Reilly , to Eliot Spitzer .....to anyone who will listen .
Magnificent statement of affairs . Very impressive accomplishments and even more impressive goals .
G..R..O..W..T..H !!!!!!!!!!!!!!!!!!!!!!!
Banks : I totally , unequivocally SUPPORT your post . Diversification is essential to protect an overall portfolio .
An investor can endure losses on one stock and RECOVER those losses on another stock ( major WINK ) . To use a paraphrased line from another ignominious source , ' just a little bit of money can give a TEN-BAGGER ' .
Many companies are diversifying for the same reasons : to generate revenues from their combined and diversified business models , and to protect from losses should one particular model endure stagnation or losses from competition or poor sector performance .
NEOM's diversification in business models and consumer market locations ( eg , the U.K. , Europe , Canada , China ) should be a brilliant hedge for the same reasons , predicated on at least one acquiree becoming very successful while the others evolve .
Naturally , companies that use disposable cash to DIVERSIFY can demonstrate prudent business practices to their shareholders and stakeholders , and the disposable cash outlay gives the parent company the time luxury of evolving the diversified entities . Conversely , companies that use borrowed money to diversify are under pressure to perform in direct correlation to their financial obligations and monthly operating expenses . It is apparent that NEOM is under great pressure to perform .
Equally apparent is that NEOM's public shareholders are bearing the brunt of that pressure , as painstakingly articulated by NEOM in their SEC Financials and other relevant Filings .
Hey , Doanwon ....your very first membermark came from moi ....
given for our friendly association on that ' other ' stock .
I disagree with your contention of dilution in BKMP . IMO the Preferred Dividend will be ratioed to GROWTH . Sell at first opportunity and the holder gets diddly squat . Hold for progressive quarters and the ratio of return grows commensurately . I do think the invocation of such a high dividend has other strategic , initial purposes though , EXAMPLES : poison pill against a meany hostile takeover ; possibly to require an accurate accounting of common shares .
I hope you do well on this stock , ami .
Renee