Replies to post #16329 on Blackout Media Corp (BKMP)

[bigdannyboy454]

hes trying to say the "foreign ownership" of the broadcasting company cant exceed 20%.

but...

blackout media is an american company....what would stop them from setting up an american based tfn??? nothing. they could beam the programing into the us via the canadian side....the programing could be handled via a contract which "sells" the service to the american company. they would be selling to themselves for what ever they wanted to make it legit with the canadians....blackout media would take account for the tfn canada and the US.

possible....

[oceansorcas]

We need to get the divy !!
or else Sandy Winicks credibility goes right out the window
and the fur will fly!!!

[Rasica]

Cowboy...cowyboy...cowboy...hold your horses.

We are talking about what it might take to own more interest in TFN.

Blackout Media is a holding company and it explained in the law that a 'holding company' if 'non-Canadian' cannot own more than 20%