"Could it be that we all have missed something major here and have not realized it yet?"
I think the only thing bringing this pps down is flippers from the .0002's who were longs are now worried that they might lose their 3 baggers to other flippers that are worried about losing their 3 baggers... they panic, and flip hoping this thing goes down so that they can start the whole process again and feel comfortable with their free shares.
Does anyone know what the Authorized share count is for BKMP?... First we need to fully assess what the company's market cap is at the moment. Then based on the deals we can start to make an informed guess as to where the pps is headed.
I've heard numbers like 12 billion, all the way to 40 billion for the AS... not sure what is what.. but I'll go out on a limb and say it is at 25 billion.
that means the company atm is worth (according to the pps) 25 bil*0.0006 = $15 million.
Now there are a lot of things currently on the go for BKMP:
1) Fight Mobile which is now offered. Should be received well by the subscribers in my opinion.
2) I'm not sure but, have we recently got a couple events on TFN?
- Fight Network Fight Night: World Fighting Alliance: King of the Streets Mixed Martial Arts Event.
- Fight Network Fightnight: Jungle Fights 2 Mixed Martial Arts Event.
All those things show signs of positive growth. Now it all matters on what you think the pps should be worth with those two things alone.
My guess is, the pps is not really determined yet... it could be at 0.01, or it could be at 0.0001... The company isn't making much money right now are they?... so it is mostly if not all implied value at this point (pure speculation)... Hell, some people think this stock could be a $1.00 ... don't be so modest... why not $2? or $20?... The point is, if majority of the people think it is valued at 0.0001, well thats what its going to be at... and if they think it is at .01, well, the pps will be reflected accordingly.
Most of the stocks that have had a big rise... just before that they were pretty much at an all time low (or close)... I'll bet many of them at that time thought, "God this POS could not get any worse... and I'm gonna flip this the second we get a PR"...
IMO, if you look at the pps every day, you will have a very short sighted view, but if you step back and look at it in a month or 2 months... you'll see what the public on average think it is worth. But I'm not about to pump this stock, theres enough people on this board to do that for me... IMO, I have a market value allotted to BKMP at this point, and I'm going to keep that value to myself because its simply my opinion and means nothing to someone that thinks it should be worth higher or lower... You should come up with your own value for what its worth... if the pps is lower than that value, you should consider buying more, if it is higher, be happy.
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