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08/30/08 2:04 AM

#298884 RE: Egor #298883

You won't, IMO. As you know, September marks the one year anniversary of Sandy Winick's departure, and Samai Singjan's appointment as the new CEO, and of course, Bukra Katapot as the Secretary of BKMP. Sandy's loyal shareholders have generously gifted him 12 months toward the Statute of Limitations. In one more year, he can walk away from the SEC without fear, before finally pulling the plug on BKMP, IMO.
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fonzzz

08/30/08 7:05 AM

#298885 RE: Egor #298883

I'm still very positive about this one.
Sure, Sandy has diluted this more than required, and while doing it he was putting out deceptive PR's. We had all the typical pinksheet crap ... and now we are stuck at 0.0001 with 33 billion oustanding shares.

But, we own close to 15% of TFNG. That is what it is all about. If you believe TFN will enter the US, we have nothing to worry about. Sure, we were all hoping that TFN would enter the US in 2005, but that hasn't happened. Now, it looks like TFN is taking a more professional approach and in the last interview with Burger, we read that the US should be happening in the next 6 months.

So 6 more months and then it all begins ... I still hope that it will be 2 or 3 months, but 6 is fine too.

When the US happens, you can easily justify share prices from 0.0005 to 0.001. When TFN gets more US carriers and more advertisements, we could see higher prices.

What keeps me positive is that there has been no reverse split yet. If the company wanted to dilute further, they would have reversed this a long time ago. Now it seems they are waiting for it to happen for TFN.

The other positive sign is that they were able to place 3 billion new shares at 0.0001. Someone has just put the money on the table for 3 billion restricted shares. Surely, you can not find anyone that would do that if there was not some kind of guarantee that the investment would be profitable.

So ... wait and see.