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Monday, September 04, 2006 6:44:01 PM
and can issue 13 TRILLION Preferred shares.... owning a piece of the rock? hmmmmm.....
it surprised me that they would issue so many of preferred and not the other way around... i.e. 1 preferred for every 10,000 bkmp shares owned... that would surely cut the shorts out and the O/S floating if any would surely disappear.
Now what they have done is create two markets for the same thing.... and no one knows what they have... except whatever it is... will be worth 10,000 times less.
10,000 to 1 share of bkmp...
1 BKMP = .0007
.0007 / 10,000 = .00000007
so let's say that the preferred at open will be .00000007 and a lot start to sell their shares.... which would then start to cause the price to drop... first of all.... how would you be able to trade this is your broker can't see it on his screen? how many digits are allowed to be used in order to trade it? 5 digits are the norm... 6 makes it obscure... 7... well forget it.
LMAO... this is getting ridiculous by the day as each passes.
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