Blackout Media Corp (BKMP)

[itrade4profit2]

Nice to finally get an update as to where negotiations are in these expansion areas...

..liked this from the shareholders letter.......

"The growth rate of new subscribers month over month is an astounding 5%, which in the digital television landscape is exceptional."

"We are currently finalizing carriage contracts in Panama and Ecuador"

"We are working on finalizing carriage to that continent and strongly anticipate a commitment before the end of 2007. Our Australian carriage deal would also see us extend our reach in this area by including New Zealand and Tasmania without necessitating additional negotiations."

Didn't really care for this....but I think the cuck-up with the preferreds is at least partially responsible for where the shareprice is currently and the lack of faith in SW's words.....

"It is unfortunate that it has not gone as well as expected, as the company only wanted the best for its shareholders, but I think it is in everyone's best interest to put it behind us and move forward with all the good events happening for us."

Still not feeling rewarded!