The Hunt for the Next 10 Bagger

[Klait]

BLAP SPIN-OFF per 8-K

As reported in the Company's 8k filed on October 14, 2009, The Company's Board of Directors resolved to spin off its wholly owned subsidiary Big Pants Media, Inc. ("Big Pants") to the existing shareholders of Blast Applications, Inc. and set the record date for receipt of the dividend on Tuesday, October 20, 2009. (the "Record Date"). Existing shareholders of Blast Applications, Inc. as of the Record Date will receive one (1) share of Big Pants common stock for every one hundred (100) shares of the Corporation's common stock currently owned by existing shareholders of the Corporation's common stock. The distribution of the dividend of Big Pants common stock payable shall take place approximately thirty (30) days from the Record Date in either book entry or certificate form, at the discretion of the board of directors of Blast Applications, Inc.

http://pinksheets.com/edgar/GetFilingHtml?FilingID=6843925