Fenian.......This is the same question just restated with different clothes. I already posted a long dissetation on what (I) felt it was.
Here is the repost...sorry to others who reread this again.
The thing some are missing is that BKMP needs (real) Volume to increase money flow for higher PPS.
We are the foundational (LONGS) that have done all we could in gulping up flipper shares. Sure we'll get a few more shares in the coming weeks of course.
But, the MMs can still effectively hold us here until (increased) awareness/interest is forthcoming. We need more (Longs) should we call ourselves (LongShanks) lol?
Well anyways our O/S is looking very good and no one should say we are diluting into a hole using the artificial volume numbers that MMs can manipulate at will.
We have been holding nicely at .0004 and longs have been buying the sold flipper shares thus giving us nice Accumulation & CMF Charts.
We have been in a basic holding pattern waiting for more solid news (thats it in a nutshell).
We should all feel good about the CD holder wanting to convert his CD into BKMP shares. He can't sell them for cash until Fall of 2007....Look at the risk he decided to take on $2.2 Million dollars.
When I woke up this morning that was the first thing I thought of today. This CD converting by increments of .55M/quarter. This $2.2M CD conversion started last December 31, 2005 just like Analyzethis pointed out.
We had an O/S of 2.5B and .55M of $2.2M bought another 1.3B or so of shares making our O/S approx. 3.8B. The Math Works! This is if the CD is converting. We should at least contemplate this reality as being possible.
That said, The O/S at the end of December 2005 was 3.8 and if the CD is involved, it will NOT affect the pps until Fall of 2007. If the CD is not involved, the O/S is still small and healthy at 12/2005.
In January 2006 we bought The Wagering Network on an undisclosed amount of cash and shares. So this is an area of unknown (share structure)!
From December 15 to Feb 15 (dates are approx), we experienced a spike and a retrace from $.0006 to $.0018 and then back to $.0006 pps. I believe this was the MMs creating a market with the PR on name change. IOWs, letting it go to stimulate the market. Here the MMs should be patted on the back....after all we do hit them hard with negatives quit a bit too. :O)
Since Feb 15 to the present day, we have languished between .0006 and .0004 predominately. I feel our real value is here at the moment..because our new revenues have not been made public.
The Charts show us massive interest in BKMP, again Accum/Dist, CMF, Williams %, ChiOsc, & StochRsi. We also should not rely simply on charts. We see PPV, Cable networks coming on board, New programming coming on board, Our Clothing Shop opens April 14th......and the rest is unknown and left to people like Trajectory/OEM/Sandy W./Mike G.
So with the volume being artificial (in my books) and Accumulation coupled with known PRs......I'm ready for April.
LONGSHANKS are in Control! IMHO
GLTA!
