Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
psssst, look at the share price guys!!! Look at the lies Sandy has told RU! Now you all get your TFN tee shirts on, run around the room throwing kicks and punches at each other and screaming WE ARE GREAT! When you work up a sweat, look back at the share price and you will see .0002! That is reality! The rest is all fantasy!!
YOU SAID THE SAME THING FOR MARCH!!!! You look funny with your cheerleader skirt on and your pom poms waving! If you have not realized it yet, YOU WERE LIED TOO BY THE CEO!!!!
Where are all the pumpers today???? By this time we were going through hundreds of posts!!! Did they all finally realize that the shareholders have discovered they were here only to pump the stock for the company's dilution! WHERE IS EVERYONE??????????????
hoticetea, finall someone out there that is looking at the big picture, someone standing outside the forest and looking at the trees! Very well said, and only the CD holders will know when the end is near!!! Watch UBSS, they will move off the ask and that is when you buy! Not until then!!
neal, no need to spend the time, the A/S is recorded as UNLIMITED, which is normal for most companies registering in Wyoming!
Hay God, look at the charts and look at the share price! I want those charts to be turned upside down so instead of the price going down it is going up! Come on A Charting God, you tell me what the charts say and then look at the share price. That is all that matters. The share price. See the lack of pumpers this morning after the big dump yesterday?
74 million shares traded in 3 minutes and absolutely no movement at all. They are all buys and yet the price speaks for itself!!
3 minutes to market opening an not one single MM lineup this morning!!! Where are all those pumpers this morning? Come on show me that lineup, does it look that bad?
WOW, there must be alot of people crying in their coffee this morning!! By this time we would have 25 pump posts, level 2 lineups ten time, news from the fighting world, etc. etc. etc. And the scary part we STILL DO NOT KNOW THE TRUE ISSUED. It could easily be over 9 billion!!
So you do not believe Sandy lied to RULIQUID about the share structure?
Come on NJ, equity financing and DEATH SPIRAL financing is 2 totally different things! There is NO floorless limit on a true equity financing deal. Let me ask you something, why are you here telling these lies when you should be just as concerned as I am. Now why has SANDY not addressed this one issue? He should let everyone know what the heck is going on! What harm can he do at this point. The stock is only 2 ticks away for the lowest price available to a trading stock! So much potential, so little stock price! You look at the charts and the they look unbelievable. You look at the stock price you say UNBELIEVABLE, WHAT THE HECK IS GOING ON!!!
hettygreen, I remember every single post! My enthusiasm for the stock was based on the lies I now know I was being told by Sandy and the T/A! Even RULIQUID has posts here that he TOO confirmed from Sandy that there was NO dilution. Now after this filing we find out the truth!! Any shareholder of BKMP must be questioning what Sandy has done to this company!
Well, well, well. Looking at our starting point this morning is exactly where I said we would be and yet no one would believe me yesterday. I laughed at all the funny stories last nite on why the dilution happens daily. Here is why if you care to know:
Company had a $2.5 million CD
Company negotiated it to stay alive
Company's only choice was to make it floorless (death spiral financing).
Company in the last quarter converted Approximately $.9 million into 1.3 billion shares. CD still has $1.6 owing.
Because it is floorless and the usual terms for these things are 70% to 80% of the 3 previous trading days LOWEST traded price for conversion pricing. This one element allows the CD holder to short the company to being almost worthless because if they convert they get more and more shares as the price goes lower OR if the company goes bankrupt they do not need to cover at all at the shorting is all profit.
Now when the company wants money, they contact the CD holder who then get the conversion price and exchanges money for shares.
These shares are Common stock which they then use to cover their shorts but because the get 20 or 30% more because of the discount rate they have a clear double profit.
If these Common shares have a restriction of time then here is the big question: IF THESE SHARES CANNOT BE DUMPED INTO THE MARKET UNTIL 2007, WHERE ARE ALL THESE SHARES COMING FROM??????
My bet is the Company is selling also because if all these individual investors who bought 2.5 billion shares were as excited as many of you here then they would be holding not selling. Something stinks here and until Sandy comes forward, this stock will see .0001 today!!! jmho
ALL THAT BUYING AND NOT ONE MARKET MAKER FLINCHED!!!! WHAT DOES THAT TELL YOU ALL??
bidboy, the one thing you cannot deny though and even RU was told that the issued had not changed at all in 2006! I know we have record of it! Sandy and T/A have been lying all along! The latest filing proves he already knew that 1.5 billion shares were added but he was covering it up! That is a fact that cannot be ignored. EVEN RULIQUID SAID HE CONFIRMED NO NEW SHARES WERE ADDED!
I did answer it!!! An additional 4 billion shares is what the CD holder gets if they can make one trade at .0001
When you see the .0002 trade today just think about 2 billion more shares being introduced into the issued. I sold out 300 million at .0005 and the 100 million at .0003 and .0004. I will buy back at .0002 in 2 months. Thank you
HELLO, WE ARE NOT BLACKOUT MEDIA CORP!!!! YOU NEED TO DO YOUR RESEARCH BETTER!!
Look at the September 05 filing statement. The new CD is listed right there! Now tell me where 4.2 Billion shares have come from since January 1, 2006 if your statement of 1.2 billion is all that is left on the CD conversion? Is Sandy's past finally reared its ugly head by his past history showing he dilutes the hell out of a company he is involved with? Answer my concerns that all this that I am concerned about is not happening. Show your proof!! Why is the T/A gagged? Why will Sandy not address the issue?
ANOTHER PRESS RELEASE WITHOUT ANY MENTION OF SANDY AND OUR COMPANY!!
3 saints, if there is only 1.5 billion shares left to convert then WHY HAVE WE CONTINUED TO DETERIORATE IN PRICE AND WHERE HAS 4.2 BILLION SHARES COME FROM SINCE JANUARY 1, 2006??? ANSWER THE QUESTION!!!
In the company filings! Just look, it is there!!
4 billion more shares in the bank waiting for the supposed time frame to expire to dump them into the market! It could pay them millions of dollars to short this thing down to .0001 for less than $100,000.00 dollars. Pretty good investment if you ask me!!
If you get one trade at .0002 then the conversion rate goes to .00018 which adds 2 billion shares to the conversion. That is why the CD holders are in control. If the move it to .0001 this company will have no choice but to do a huge reverse split to get the shares back under control!
The concern is simple. Each day is the same, day after day and at this rate you will be here for another 2 months regardless of what happens. There are alot of plays out on the street you can make alot of money with over the next 2 months and then come back with alot more money in hand!
My figures are bad sorry. Should be .0003 X 80% = .00024 conversion rate $1.6 million CD / .00024 = 6.6 billion shares added to the 3.8 billion already out = 10.4 billion shares
So much for freedom of speech folks. When ever your pom pom's get ruffled due to the facts being presented someone deletes the information. Fact 1.5 billion shares were added to the float due to the CD conversion. CD conversion was only paid down .9 million dollars. There is still an outstanding CD of $1.6 million to be converted. At the current rate that means that .0003 X 60% = .00018 conversion price which means 8.8 Billion shares need to be converted yet putting the O/S at 12 billion shares. Anyone else concerned?
I sold 300 million shares at .0005 fool! How many can I buy now at .0003?? Now who is the fool??
Wendel that is funny I just woke up from a nightmare!! It went like this: Sandy Winick sitting at a bar in the Caribbean looking at his checking acount balance in the millions and laughing at all those he has screwed in the past and on BKMP!!
Sorry over 19 BILLION traded and we are no where!!
Over 6 million shares traded today and we are no where. 19 million traded over the since January and we are no where! Anyone want to tell me why?
Domer in fact I have a large buy order for 100 million shares at .0002 because that is what I am going to get them for shortly. The CD holder is going to take it there or Sandy is going to dump so many shares it is going to go to the 2's because of the supply and demand rules.
Any of you noticed that all these press releases about TFN lately, Sandy's name is no where to be found!
Damn, is this the CD holders or Sandy dumping shares!!! This is amazing!!! I am buying back in at .0003!!!
Trust this, they would of announced it as soon as it was signed. They announce when a cable company in Nova Scotia signs on!
Well if someone at Trajectory does not get off their butts really soon, TFN is going to get left out of the US market. This type of fighting is growing in leaps and bounds and here TFN sits without any contracts in the U.S.! Those are the facts!!
I do not disagree. They are holding the price down by short selling the stock until they convert the rest of the CD. They receive 20% more shares for each conversion. Now if there is a restriction, no one knows for sure as there has been no filing, then that is when the buying pressure on this stock is going to take over the price. The CD holders have all their shares and they wait to sell them at much higher prices. Their winfall at our expense!!
magicfingers, UNTIL THE CD HOLDERS LET THIS GO, REGARDLESS OF HOW MUCH MONEY COMES INTO THIS, THERE WILL BE NO RISE IN PRICE. This stock is controlled 100% by the CD holders. We have seen days of 600 million shares with mostly buys and nothin'! It happens day after day! It will continue until the CD holders have decided they have finished their conversion!
Well no story on short selling!!
Lets see, we had a great piece on Tiger Wood, love the guy, and a commentary on Girl Guide Cookies, love them too!!