Blackout Media Corp (BKMP)

[Photog]

Rattle:
The question you have to ask is why would he announce a buyback and future buy backs and then issue more shares?
That just doesn't add up.
Of course the doomsday posters will then claim Sandy is going back to his past and screwing us investors... but you have to ask why would he do that when everything - and I mean everything - looks like it is going the way they want them to?
I think it points to something one the horizon... I can't say what it is, but IMO they have a plan and they are working it. TFN is going to be a global success. I base this on every conversation I have had with ANYONE that has the channel. Every time I find someone who has seen TFN they say they LOVE it and then go on to rave about what a great product TFN has.
If they apply the same principals as they have to get into every market in Canada and continue to do what works for markets around the world, that success is guaranteed!

Why screw over the investors now and risk a backlash and bad press?

You have people like Mark Cuban saying he is looking into the company. That has to make you wonder why Winick would start trouble now? I just can't buy that theory. IMO they are getting all of their ducks in a row. The announced buyback and a subsequent buyback that, when completed, will bring the o/s numbers to manageable numbers. The station is growing satellite offices and slowly acquiring feeder systems into each corner of the globe. When you stop and look at it you can help but see that the future of this company looks incredible and profitable.

Don't throw in the towel just yet. Hopefully the filing is for a buyback of the same amount of shares and we just aren't hearing about it yet.
You thoughts????