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Blackout Media Corp. Reconfirms Dividend Payment
Jan 11, 2006 10:16:00 AM
TORONTO -- (MARKET WIRE) -- 01/11/06 -- Blackout Media Corp. (OTC BB: BKMP), formally known as First Canadian American Holding Corporation (FCAHC) Board of Directors, would like to confirm that there have been no changes in the ex-dividend date, no cancellation of the dividend, no changes in the payment date of the dividend and no changes in the amount of the dividend.
I understand from shareholders of our company that various brokers have been telling shareholders that the dividend has been cancelled, or the ex-dividend date has been changed or other false and/or misleading information including the following posting which came from either a forum or a chat room or a message board, I am not sure where it came from, that was sent to me.
"Dear Client:
Thank you for your call.
I have confirmed that you will receive a 1:1 name change for your shares of FCDH. This means that you will have the same number of shares, but with the new symbol BKMP. Apparently the SNYY deal is no longer going forward. For additional detail, you may wish to contact the company directly via their investor relations department.
Hopefully this information was helpful to you, but please feel free to let us know if we can be of further assistance!
Sincerely,
Chris V.
Scottrade, Inc.
www.scottrade.com"
Again, this information is totally false and extremely misleading and I want to assure our shareholders that the dividend is being paid as stated in previous press releases.
In addition some shareholders seem to be confused with the transfer agent of the company and of Suncrest Energy. They are different transfer agents and the dividend shares have come from the transfer agent for Suncrest being Holladay Stock Transfer in Scottsdale, AZ.
If you as our valued shareholders have more of this kind of information, please fax it to us at Blackout so that we can deal with appropriately and swiftly.
Finally, I have been getting many calls from shareholders wondering where their dividends are. The dividend shares have been sent to the Depository Trust Company in New York for distribution to the member firms who will, in turn, distribute them to the individual shareholders. The length of time for that entire process is up to the various companies handling the distribution and we have no way or knowing or any authority over this process.
About Blackout Media Corp.:
Blackout Media Corp. is a holding company with subsidiaries that conduct operations in areas of digital television, VOD, PPV, radio, the Internet and print. Blackout Media Corp. has offices in Toronto and New York. See www.blackoutmedia.com for more details.
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
URL: www.blackoutmedia.com / www.thefightnetwork.com / www.liveaudiowrestling.com
Investor Relations:
CONTACT:
Blackout Media Corp.
Telephone 416-987.2136
Fax 416 348.9418
AI
