Wednesday, June 20, 2007 6:17:04 PM
Although First Canadian American was availing itself of the EDGAR system by filing Forms 8-K and Proxy Statements reflecting the spin-offs, the Company does not appear to have been current in its financial reports. First Canadian American has not filed any audited annual financial statements since November 2000, when it submitted a quarterly report for the period ended September 30, 2000. In June 2004, First Canadian American filed a Form 15-12G indicating its intention to terminate public SEC filings.
In January 2006, First Canadian Holdings changed its name once more – to Blackout Media Corp. (Pink Sheets: BMPP). On August 14, 2006, Blackout Media filed a financial report with Pink Sheets reflecting net income of approximately $16,000 for the six months ended June 30, 2006. According to Pink Sheets, Blackout Media is "a holding company with subsidiaries that conduct operations in areas of digital television, VOD, PPV, radio the internet and print." Winick remains at the helm.
Note this financial report was with the Pink sheets... not SEC. May be why we don't see any SEC filings at all. Perhaps because Winick may have been able to carry the form 15-12G to the new name of BlackoutMedia. Thus the lack of transparency.
And another day has come and gone in spite of the predictions ... again. crap.
S5
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