InvestorsHub Logo
Followers 5
Posts 733
Boards Moderated 0
Alias Born 01/17/2006

Re: PSUtrader post# 119132

Sunday, 08/20/2006 3:26:27 AM

Sunday, August 20, 2006 3:26:27 AM

Post# of 315345
BKMP is a holding corporation that own 20% of TFN. So what accounts for the revenue figures from the 2Q report? And does that reflect 20% of TFN's revenue for the quarter?

I doubt that TFN is turning over 20% of its revenue to BKMP. It's a young and growing organization that will be plowing any earnings back into continued growth. Especially since TFN has a great relationship with BKMP... since Sandy is a part of TFN. Think of BKMP as an angel investor that is solely focused on TFN and you'll have a better idea of what to expect.

BKMP's fortunes will rise and fall with TFN, but the financial reports are NOT necessarily tied together. Unless one of you knows the exact details of the financial commitments between TFN and BKMP, which I seriously doubt... :)

The good news is that any revenue reported by BKMP is a good thing. And if is growing, even better. The fact that BKMP can generate any earnings whatsoever indicates that TFN has some cash flow that it can turn over to its major third party owner.

That's the only way that I can see things. If anybody else has other ideas, please share.