Blackout Media Corp (BKMP)

[analyzethis]

The Q3 report said we had 2.2 million dollar CD. Annual report shows 1,663,364 still owed on it. The difference was traded in for 1.3 billion shares of stock. Thats why the OS increase to 3.8 bil and float to 2.3 bil shares. WE STILL HAVE that 1.6 million dollar CD out there. Approx. 25% was coverted in Q4. The way CD's are written is that they can only be converted at 25% per quarter after the due date. That means next week is the beginning of a new quarter and I will bet you all my stock that the CD holder will try to convert another 25% as SOON AS POSSIBLE, before the good news, at AS A LOW A PPS AS POSSIBLE!! Bad news for us IF MY ASSUMPTIONS ARE CORRECT (they may not be). Divide 1.66 million dollars by 3 (number of 25% payments left) and you come up with approx 560 thousand dollars. 560 thousnad dollars converted at .0004 is 1.4 billion share increase in OS and float. If it coverts at .0003 its 1.86 billion share increase in OS and float. Thats almost a 50% increase in dilution!! Am I wrong here? Does this sound right?