Blackout Media Corp (BKMP)

[Renee]

Jvan and Karbin ....both your posts say it all . Since TDA has " not received the preferred shares of Blackout Media from the company's transfer agent " , that declaration supports the hypothesis that BKMP's transfer agent MAY be requiring proof of location of BKMP common as the prerequisite to receiving the preferred shares , either by electronic confirmations or by certificate location via the DTC of the common .

And to Karbin's post , the REG Sho stipulates CLEARLY that Fails to Deliver / Locate of 10,000 shares or greater need to be reported , and that is the most plausible explanation for BKMP to have issued 10,000 preferred shares to one common ,
to use the REG SHO to require the MM's to report ALL Fails to Deliver / Locate once BKMPP begins trading ..... BUT , BKMPP apparently will not begin trading until the Brokerages receive either electronic confirmations or certificates of BKMPP which creates an impasse between BKMP / Transfer Agent and the Brokerages .

With BKMP's transfer agent APPARENTLY not releasing BKMPP
certificates to the Brokerages or to the DTC for the hypothecated reasons of NSS of BKMP common , the impasse SHOULD compel the SEC to determine the reasons
and require ALL parties to remedy the situation .

The Brokerages evidently are recognizing the TRAP of 10,000 BKMP Fail to Delivers being reported by the MM's which would implicate the Brokerages , so they are apparently stonewalling the trading of BKMPP as the lesser of two consequences .

Therein the impasse .

Everyone is between a rock and a hard place , including the SEC who habitually abdicate their responsibilities when their intervening actions would expose a deeply buried pandemic of NSS .

Bugs Bunny would do a better job of protecting public investors from the nefarious ( by dictionary = WICKED ) actions of Brokerages , Market Makers , and the DTC , and the blatant neglect and unwillingness of the SEC to SOLVE ALL of the nefarious actions perpetrated by those with unweilding POWER against public investors .

BARF .