Blackout Media Corp (BKMP)

[maninfla]

lets review some of the "facts" posted today

"Right now, May 15th, the O/S is 3,830,675,699"

huh?, "filing" states over 12B OS as of march 31, 2006
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"So, once the buyback is complete and lets just say they only do 1 billion. We will be at 2.8 billlion!!!"

amazing!, "filing" states 9B added, yet according to some posters its actually shrunk from 5 months ago?
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"Those shares [8B from CD conversion] will not be released into the O/S until Fall '07."

really?, please provide even one mention in ANY company public doc which states converted CD shares are restricted
...THERE IS NONE!
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where is this so-called info gleaned from?
from an anonymous poster who hasnt even posted since february 17, the day of that "info"
http://www.investorshub.com/boards/profile.asp?user=63215
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AND ABOUT THAT CD...
from the so-called "filing"...
"...A portion of the convertible debenture was converted during the year resulting in 8,277,480,606..."

cash at end of '05 was $46K
cash at march 31 '06 was $627K
"fee income" was $48K
leaving $533 unaccounted for
if the $533 came from the conversion of 8.2B shares:
that means conversion value of CD shares are approx .000065...and the outstanding $1M CD [if its not a floating/death spiral convertible] would mean an additional 15B shares!

GOOOOOOOOOOOOOOOOOOOOOO BKMP! "...all is well..." ;)