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Go to google.com/trends and search "UFC". You will see that one of its peak over the past 36 months has been the following announcement:
Blackout Media Corp. Announces That The Fight Network Offers Consumers Pre and Post Fight News Coverage; Beginning With UFC(R) 58 USA vs. Canada
I like that association
Well he served his purpose. That would be huge news, as it would show tremendous penetration before we are even live in the US.
You don't have to give his social security #, just a general "My cousins, friends, barbers electrician"
Yolo - You must sight a source with a claim like that. You know better
IMO, the fact that it seems like they are holding out on a few PR's they could release tells me that Sandy may have something up his sleeve
Not the best picture of Garrow there
If Sandy could just give an update on the buyback, followed by the belated Mobile news, we could finally break free of these .001 shackles
Not surprising for this board. Overhype breeds arguing when the predicted blizzard turns into flurries. Over, and over, and over, and over...
Patience people
I love the sustainable climb this week!
Kilrb - I strongly agree that they should not even consider release another meaningful PR until the buyback is complete. Makes no sense whatsoever to inflate the price of your own buyback
The inevitable is that within 12 months we will be on US cable, UK cable, Canadian cable, Verizon mobile ,Cingular Mobile and Sprint mobile. If that notoriety and exposure can't propel this issue to .05 or more, than I don't know what will (regardless of cap structure).
MiMurray - Point taken. Back to business.
Murray - Apologies for the remark, but it is annoying being one of the few people trying to keep the board to be a credible investing board, and having a post deleted.
This board is quickly becoming a raging bull sibling. Please stop the petty, useless nonesense and stick to BKMP please.
AnalyzeThis - In all seriousness, what has caused your sudden mood shifts regarding BKMP? How can you go from one extreme to the other within days? You've always seemed like a seasoned investor
That is just assanine to say they cannot co-exist
Lownumba - Thanks for picking that one up... I thought I was the only one who saw a $400M market cap (based on kewlmans numbers) as ridiculous
I still believe that the carrier news will be the week between the TFN store going live, and the next UFC event on July 8th or so. Hoping we can lead up to that announcement with some smaller ones regarding new mobile carriers. However, a US PR with mention to being very close to secure deals in UK and possibly other countries would cause a tidal wave of new investors.
I think Cammi and AnalyzeThis are a couple. Must be some interesting dinner discussions there.
Monday - Good stock
Tuesday - Great stock
Wednesday - Chapter 11 coming
Thursday - Run, run...R/S coming
Friday - I bought 8M more today
JRod - I see what your saying, and partially agree. However, if you "do what is best for your account and that is not always the best for the stock", isn't that ultimately hurting your account value if it holds down any appreciation in the short-term?
Bid Ask
# of Shares 5,000,000 5,000,000
In-PPS 0.0005 0.0006
Invested Capital $2,500 $3,000
Short-term PPS 0.0006 0.0008
Market value $3,000 $4,000
In one respect I have to disagree with Varok. He is purely basing his projections for BKMP based on technical analysis. Dangerous game with penny stocks IMO. It is a good gauge to look at trading ranges or potential, but to ceiling a stock like that is just wrong. I'm sure Google shareholders will agree with a PE of almost 70.
Melvin - Right on brother. Couldn't agree more. It was a good PR to reinforce the positive happenings around BKMP, but also seemed to be a gap filler as well. Either way, BKMP is building steam and those who want to doubt it will one day look back and cry.
Cammi01 - That is amongst the stupidest things I have ever heard. You obviously have no clue as to what you are talking about. BKMP is in big trouble?? Looking at how bright the future is for MMA and leagues like IFC, UFC, K1 and Pride, and then seeing how TFN is right smack in the middle of that, and still making the comments you just made lead me to believe that you are either 12 years old or a bitter ex lover of Sandy.
I wish we didn't have to put up with people like this on this board.
kilerb - Using WWE financial statements as a basis of comparison to draw assumptions for the TFN ratios, etc. Has nothing to do with bringing them aboard
Please people...focus.
TFN
CA Subscribers 5,000,000
US Subscribers 7,500,000
UK Subscribers 5,000,000
Total Subscribers 17,500,000
Verizon Customers - NA 220,000,000
Conversion Rate 2%
Potential Customers 4,400,000
Remaining Cell Phone Customers 1,780,000,000
Conversion Rate 2%
Potential Customers 35,600,000
Annual Pay Per View Events 18
Avg. # of buyers for each Event ( 25% of WWE's avg for 05) 94,300
Average Purchase Price (WWE) 34.95
Annual Fee @ 1.00 p month 12.00
Verizon Subscriber Revenue 52,800,000
Annual Fee @ 1.00 p month 12.00
Non-Verizon Subscriber Revenue 427,200,000
Annual Fee @ 2.95 p month 35.40
Subscriber Revenue 619,500,000
Ancillary Revenue
Pay-Per-View Revenue's 59,324,130
Branded Merchandise (In line with WWE relation of PPView to Merchandise) 13,644,550
Total Revenue $1,172,468,680
Expense @ 75% of Op. Rev $879,351,510
Income $293,117,170
Blackout Media Minority Interest $58,623,434
Outstanding Shares 9,000,000,000
EPS 0.00651
Est. PPS (x'er of 15) $0.0977
It is unbelievable how so many people go from being blind with love for this stock and its possibilities two weeks ago, to bitter and pessimistic today. I realize that the PPS is down to levels of before the CD/Verizon/Buyback PR's, but nothing has happened since that time. And we all know the games that happen with this stock when we are in a lull. I personally have no care for how this stock floats from week to week, as long as I firmly believe that TFN is coming to the US and the UK, and our mobile deals are in the pipeline. The only investors who should be active right now are flippers trying to catch a spread. Us longs should just sit back and not pay attention to our brokerage accounts. The returns we possibly have coming to us are more than worth the wait. Let bashers bash, and let longs get wealthy
AnalyzeThis - Always respected your posts, but flip flopping like this and saying it is time to bail after weeks of pumping is what hurts the credibility of this board. I know you're better than that
Frugal - Very well put! Couldn't agree more
Patience, patience and a little more patience. That is the phase we are in now.
So the PR's we could possibly see within the next few weeks are:
1. More mobile providers added
2. U.S. carrier news
3. Buyback updates
4. Clarification on capital structure
IMO, a combination of 4 in the morning and 2 in the afternoon on a Friday would make this tear a$$.
Does anybody know what happened to the Q1 revenue numbers? Originally I thought we were slated to see these, but that talk kind of dissapated lately.
Fo - and don't forget that a huge part of a stocks valuation is the capitilization structure, which at this point is unknow. We have a general idea, but that number could positively or negatively effect this PPS bigtime. We shall see. The only thing I am sure of is this TFN will be mainstream within 6 months.
Based on the analysis I did the other day, I would put the 6 month target at between .03 and .06. My analysis supports a PPS valuation of .1 with an o/s of 9B, but I like to remain conservative and assume that some of my assumptions were overshot. Again, this is all my opinion and I don't mean to sway anybodys buy/sell decisions.
We are all going to have to fight those demons. Many on this board will regret their sell decisions one year from now, but many will have played it right. Wish I could be more help to you, but there is no right answer.
Actually, high pennies might be way over done. I can see up to .1 within 6 months and not be surprised. But on that same token, .005 in six months wouldn't surprise me either. It will be interesting to see how the puzzle unfolds
Short-term potential (3-6 months) yes, because its financial valuation should be at those levels, but we shall see how the market values it
Thinman - best post of the day!
Well on long term you would pay 10% or 20%, depending on which bracket you fall into, and the short-term would pay their marginal tax rate.
But I think the problem was that I was thinking about a tax-free rollover which is six months or longer.
Just a thought, alot of people sold their positions at .001 and got back in at .0006 or .0007, taking the spread as profit. But do you really think that the spread will be worth the additional taxes you will pay now that your shares are once again going to be short term gains if you sell when it explodes this summer? Take 20M shares for example and do the math....doesn't look good.
Below is a new quick and dirty earnings forecast. I've tried to model some assumptions based off of WWE's revenue drivers and relationships.
TFN
CA Subscribers 5,000,000
US Subscribers 7,500,000
UK Subscribers 5,000,000
Total Subscribers 17,500,000
Verizon Customers - NA 220,000,000
Conversion Rate 2%
Potential Customers 4,400,000
Remaining Cell Phone Customers 1,780,000,000
Conversion Rate 2%
Potential Customers 35,600,000
Annual Pay Per View Events 18
Avg. # of buyers for each Event ( 25% of WWE's avg for 05) 94,300
Average Purchase Price (WWE) 34.95
Annual Fee @ 1.00 p month 12.00
Verizon Subscriber Revenue 52,800,000
Annual Fee @ 1.00 p month 12.00
Non-Verizon Subscriber Revenue 427,200,000
Annual Fee @ 2.95 p month 35.40
Subscriber Revenue 619,500,000
Pay-Per-View Revenue's 59,324,130
Branded Merchandise (In line with WWE relation of PPView to Merchandise) 13,644,550
Total Revenue $1,172,468,680
Expense @ 75% of Op. Rev $879,351,510
Income $293,117,170
Blackout Media Minority Interest $58,623,434
Outstanding Shares 9,000,000,000
EPS 0.00651
Est. PPS (x'er of 15) $0.0977
It better clear .0001 today