Blackout Media Corp (BKMP)

[eddmiser]

St James IS ACTIVE and I am wondering why you are covering this up? Mike Garrow was/is affiliated with them.

http://press.arrivenet.com/business/article.php/641730.html

St James Capital Holdings, Inc. (Funding of acquisition of Copper Mountain Mining Limited) - US$10,000,000*

Vendor Group (Acquisition of minority interests of Western Diversified Mining Resources, Inc.) - US$25,000,000

* On July 17, 2006, St James Capital Holdings, Inc. converted an amount of US$4,750,000 of its Convertible Loan Notes into restricted shares of Common Stock of Great West Gold, Inc.

The Convertible Loan Notes bear interest at the rate at the rate of 6% per annum and are convertible into Restricted Shares of Common Stock of Great West Gold, Inc. in whole or in part at any time at the discretion of the Loan Note Holders. The Loan Note Holders have undertaken that upon any conversion of the loans into restricted shares of Common Stock of the Company, they will accept restricted shares of Common Stock under Regulation 144 and that the Company will not file a Registration Statement to create “free trading” Stock. These Loan Note Holders are committed to the long term growth of the Company and will not be in a position to dispose of any Restricted Shares of Common Stock of Great West Gold, Inc. (should they convert these loans into shares of Common Stock of the Company) for a period of not less than two* years from the date of any issue of shares of Common Stock of Great West Gold, Inc. to themselves.

*This period of two years (and not one year) is due to the Company being “Non Reporting”. No shareholders holding shares of the Company’s restricted Stock are able to remove the restrictive legend from their Stock Certificate until two years from the date of issue. This applied from the day that the Company became delinquent in its filings early this year and remains the case until such time as the Company becomes “Reporting”. A stockholder holding “Restricted Stock” in a Company that is “Reporting” and up to date in its filings; is able to apply for the restrictive legend to be removed after a period on one year, subject to the approval of the Company and Corporate Counsel.