TORONTO -- September 07, 2006 -- Blackout Media Corp. (PINKSHEETS: BKMP), on September 1st, announced that the Board of Directors has declared a stock dividend, payable to shareholders of record of September 15th, 2006. The dividend will consist of ten thousand (10,000) free preferred shares of Blackout Media Corp. for every one (1) shares of BKMP held on September 15th, 2006.
Many shareholders are confused about this dividend; the following answers should help clarify the dividend:
3. The preferred shares will have there own CUSIP number and trade separately under their own symbol as preferred shares -- different from the common shares.
8. The preferred shares will be free trading shares.
11. You will not be diluted by this dividend, because the preferred shares are non-convertible and non-voting; they do not affect the outstanding common shares of the company and as they will trade under a totally separate symbol your present common shares will continue to trade under the symbol of BKMP.
If these weren't lies, what are they?