Blackout Media Corp (BKMP)

[Photog]

I have no problem with it. It had to be done before the company could move forward. These people would bitch if he did an r/s of the preferred and they are bitching now.

If there is a buyer waiting in the wings, and who knows, Sandy could have a deal written up already, these things (preferred) had to be dealt with. If I was a buyer and knew there was another possible 26 mil on the table coming in, it sure would make me feel more confident in my purchase... Two months to work the deal out isn't unheard of.

All I'm saying is that it is way too early to panic.
TFN is still growing and we still own 20% of it.
Once this thing gets moving around the world, the pps will take off. .00015 is lower than we've been able to buy this in a long time. May not turn out to be such a bad idea when that Direct TV or Dish deal is announced!
When that happens you won't hear a peep from these guys that claim they know it all... or knew it all along!

The news hasn't had a chance to sink in yet or to be diseceted... there is no reason to panic just yet...