posted
Opening a new thread is not going to help, because nothing at BKMP has changed yet and everyone know that. There's nothing major about Blackout Communications Inc. name change to TFN Global Inc. What does that mean to shareholders, "Nothing". They just need to come honest and let us know what's really going on. That's the only way they are going to attract majors investors and get the pps moving up again.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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Please note the interest refers to voting rights. Blackout Media's equity is now is non-voting shares, to ensure continuing compliance with Canadian ownership requirements.
Posts: 17 | Registered: Jan 2005
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posted
BKMP use to own 20% (or 17%) of Blackout Communication. Blackout Communication owned TFN 100%. Blackout Communication changed to TFN Global. So now TFN Global owns 100% of TFN.
The question now is: Does BKMP still own 20% (or 17%) of TFN Global?
No one at BKMP has shedded any light on this. Nor have they detailed the owenership change and what proceeds did BKMP get from the deal. It's beginning to look like the deal was done and the shareholders got the boot.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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TORONTO -- (MARKET WIRE) -- 11/15/07 -- Blackout Media Corp. (PINKSHEETS: BKMP) wishes to announce that Mr. Samai Singjan has been appointed the new president of the company and Miss Bukra Katupot as the new secretary and both have accepted appointments as directors. In concurrent with the new appointments, Sandy Winick has resigned as president and director of the company to pursue other interests.
About Blackout Media Corp.:
Blackout Media Corp. is a holding company with an interest in TFN Global Inc. who is a diversified media and entertainment company conducting operations in digital television, VOD, PPV, radio the Internet and print under the brand name "The Fight Network." The activities of Blackout Media Corp. are conducted principally in Canada and the United States.
Posts: 1637 | Registered: Apr 2004
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posted
I wonder how much of the TFN deal did Sandy walk away with while shareholders got nothing. Now BKMP seem to have no ownership of anything, just an empty shell with new crooks to at the helm to squeeze new blood perhaps.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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I have been given you email address as you all seem to have the same question - and that is what does BKMP own.
While I am here to tell you that it owns a fairly significant chunk of TFN - Global (Previously - Blackout Communications). The TFNG has done some corporate functions and has changed some of the designation of shares as well as ownership, but that has not taken away from our ownership.
We own a little less then we did before now we own 15.4%, and that will continue to decrease as they bring in money to fund the build out of the company in Canada and around the world.
It takes million and millions of dollars to build and run a network, if any of you have followed Fox - they spent $200 million launching there business channel in the United States. The Fight Network does not require that much funding, but it does require funding and the old adage "it is better to won a small piece of a big pie verses a big piece of a small pie or a big piece of nothing" applies here, as they are raising money to expand the company to be bigger and better.
You invested in BKMP because you believed in its business being an holder of TFN, that has not changed.
My job is to make sure that we build on what we have and I will do my best to do that. I will be looking at other investment opportunities for the company to expand its holdings and create additional shareholder value for all concerned and I hope that you will all support this initiative.
Mr. Winick handed over the reins to me because he believed that I could do that for all the loyal shareholders and I will do my best to do that.
Please feel free to email me and I will do my best to keep everyone informed.
Yours truly,
S. Singjan
Posts: 731 | From: OHIO | Registered: Jan 2006
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posted
We own a little less then we did before now we own 15.4%, and that will continue to decrease as they bring in money to fund the build out of the company in Canada and around the world.
Nice. Double Whammy. As BKMP is diluting its shareholders, TFN is diluting BKMP.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
When Singjan say's he need shareholders support, that sounds like more dilution to come. Sandy has lied all along and he new he had dug a hole too deep when he said a major buyout was coming by the end of summer, but shareholders got nothing. He had no choice but to step down because shareholders no longer trust him. Now the new CEO is starting the same old cycle. He wants shareholders support based on future promises. He said Sandy handed him the company, but I never heard of a CEO just giving up control to someone else who could do a better job. I wouldn't be surprise if Sandy owns BKMP and Singjan works for him. They need a better plan than this. A plan that includes the shareholders.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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posted
WOW.....Can I cash out soon or what! Im starving over here, I hope there's enough left for a double quarter pounder with cheese value meal from McDonalds.
***SONS OF BEEACHES-GIVE US RESULTS FIRST THEN WE WILL SUPPORT YOU. TO DA MOON***
Posts: 341 | From: Haskins, OH | Registered: Aug 2006
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quote:My job is to make sure that we build on what we have and I will do my best to do that. I will be looking at other investment opportunities for the company to expand its holdings and create additional shareholder value for all concerned and I hope that you will all support this initiative.
Mr. Winick handed over the reins to me because he believed that I could do that for all the loyal shareholders and I will do my best to do that.
Loyal Shareholders = Bagholders with no option to sell...
What a joke... Sandy Winick has moved on to run other scams... However, Winick still needs funding for the %50 of TFN that he owns and knows no one will believe his BS anymore...
The only way he can continue to use BKMP to line his pockets is to put a new president (a.k.a scam artist) in charge so he can bring new loyal shareholders (a.k.a suckers) into the fold.
Next item on the agenda?
"Management believes a R/S is in the best interest to the shareholders in order to increase the PPS to a range that will attract additional shareholders"...
-------------------- One is never completely useless. One can always serve as a bad example. Posts: 2430 | From: CA | Registered: Jun 2005
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posted
Is it Legal for them to reduce the % ownership of for the stock holders? Can we sue these M$##$*%
Posts: 25 | Registered: Apr 2006
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posted
Is it Legal for them to reduce the % ownership of for the stock holders? Can we sue these M$##$*%
Posts: 25 | Registered: Apr 2006
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posted
This is exactly what QBID did. Where are all those BKMP pumpers that were claiming a dollar a share?
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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They never really did own anything. One should investigate the companies they wish to invest in. BKMP was always a scam and anyone who told you different was part of the scam.
Posts: 2965 | Registered: Aug 2005
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posted
If BKMP was a scam, I don't see how Sandy and the others can escape jail time. For companies to continue these tricks and nothing be done about it shows that the SEC must be corrupt itself to let it continue to occur.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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quote:Originally posted by TopRob: If BKMP was a scam, I don't see how Sandy and the others can escape jail time. For companies to continue these tricks and nothing be done about it shows that the SEC must be corrupt itself to let it continue to occur.
How do we notify SEC to look into this pos...
Posts: 25 | Registered: Apr 2006
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quote:Originally posted by TopRob: If BKMP was a scam, I don't see how Sandy and the others can escape jail time. For companies to continue these tricks and nothing be done about it shows that the SEC must be corrupt itself to let it continue to occur.
Try to be as complete as possible. You should get the standard reply saying thank you for your input. I have never been contacted further than that. But at least I have the satisfaction of believing I did the right thing.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
MMA fighter Vasquez dies weeks after fight By Dave Meltzer, Yahoo! Sports December 2, 2007
quote:Sam Vasquez of Houston may have become the first fighter to die from injuries sustained in mixed martial arts competition in North America.
A report by The Fight Network cited the Harris County (Texas) medical examiner's office confirming Vasquez's death at 8:15 p.m. Friday. The cause of death was not released.
Vasquez had been battling for his life since taking a hard right to the chin from 21-year old Vince Libardi on Oct. 20 during a Renegades Extreme Fighting show at the Toyota Center in Houston. The blow knocked Vasquez out and he was rushed to St. Joseph Medical Center, where he stayed until moving to hospice care on Monday.
The 35-year-old Vasquez was competing in the featherweight division (145 pound weight class) in the third match of a 12-match card promoted by Saul Soliz, the longtime boxing coach of Ultimate Fighting Championship superstar Tito Ortiz. The show was overseen by the Texas Department of Licensing and Regulation. Calls to the department on Sunday were not immediately returned.
After taking a flurry of punches from Libardi, Vasquez collapsed in the ring and the fight was waved off at 2:50 of the third round. Emergency medical technicians worked on him in the ring for several minutes until he suffered what appeared to be a seizure and was rushed to the hospital.
Vasquez's condition worsened from there. On Nov. 4, two weeks after being admitted, he underwent the first of two surgeries to relieve the pressure of a large clot in his brain, then had a massive stroke on Nov. 9 and was placed in a medically induced coma.
-------------------- One is never completely useless. One can always serve as a bad example. Posts: 2430 | From: CA | Registered: Jun 2005
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posted
I don't think it's a good play... just posting related news..
-------------------- One is never completely useless. One can always serve as a bad example. Posts: 2430 | From: CA | Registered: Jun 2005
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Time for a new thread for a new beginning!!!
