InvestorsHub Logo
Followers 0
Posts 194
Boards Moderated 0
Alias Born 07/28/2006

Re: None

Saturday, 09/09/2006 4:21:19 PM

Saturday, September 09, 2006 4:21:19 PM

Post# of 315345
A thought about the preferred shares.
I have been reading almost every single post on this board ever since BKMP issued it's class b preferred shares. One thing that I continue to read, is that these shares will be worth nothing. People even say ahhh, who cares, they're probably worth nothing, but there free! I think that everybody who is thinking this way is way far off the mark. These preferred shares, even tho there are going to be 130 Trillion of them, which I believe is why people think they are worthless will still have first rights to any dividends payed out by the company. Better yet they will get the BEST dividends. Sure if you look at them on a pps basis it will be almost nothing, but you will have billions of shares.
I personally have great faith in the business that BKMP is in right now with media and mma. I believe it will produce great profits with great margins. I think that if you truly believe in BKMP you know that they will generate cash and pay dividends. These shares could generate a very nice cash flow in a few years. I hope that it will be easy to pick up some on the cheap when they are first tradeable, so I can have even more cash flow in a few years. Good Luck To All Fellow Shareholders.