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Blackout Media Corp. Declares Dividend Blackout Media Corp. (PINKSHEETS: BKMP) is pleased to announce that the Board of Directors has declared a preferred stock dividend, payable to shareholders of record of September 15th, 2006. The preferred stock dividend will consist of ten thousand (10,000) preferred shares of Blackout Media Corp. for every one (1) share of Blackout Media Corp. common shares held on September 15th, 2006. The ex-dividend date will be set by the NASDAQ.
The preferred shares when issued will be freely tradable and non-restricted.
The Company's Board of Directors characterizes this stock dividend as rewarding the shareholders of Blackout for their loyalty and dedication to the betterment of the company.
"As we more forward with The Fight Network and its related assets we wanted to thank the shareholders for their support and to give them something back," says Sandy Winick, president of Blackout.
About Blackout Media Corp.:
Blackout Media Corp. is a holding company with an interest in Blackout Communications 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.
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
puma
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10,000 preferred shares for 1 common share? Seems too good to be true...is there some kind of catch? Is this company legitimate?
Relentless.
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no, the company is a scam.. They cling to and promote a whopping 20% stake in a Canadian fight network that is as of yet unproven. The company has over 14 billion shares outstanding and now wishes to multiply that number by ten thousand..
dollar13
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quote:Originally posted by Relentless.: no, the company is a scam.. They cling to and promote a whopping 20% stake in a Canadian fight network that is as of yet unproven. The company has over 14 billion shares outstanding and now wishes to multiply that number by ten thousand..
RELEN stop please LOL
Relentless.
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Come on Bucky.. Thought we were having a good time.. just discussing stocks.. Oh well. BKMP is still a scam. And soon it will be a scam with more shares than CMKI/CMKM/CMKX ever had.
Burn
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more lies
Relentless.
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Lies?.. please point out the lies
Burn
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please point out the scam. is this your opinion or do you have proof. you are posting as fact.
golfman
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Thankfully im smart after being in pennys now for a few years or I would have bought this stock tomorrow.
I wised up though. This stock screams qbid and gwgo which means in simple terms. RUN LIKE HELL FROM IT.
You been warned.
Relentless.
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Pink sheets company with a history of reverse splits and dilution. Scam. Now please point to my lies or remove yourself from the discussion.
Burn
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sorry not lies misinformation
Relentless.
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But you just said lies? You just called me a liar, and now you are retreating. Humorous. So what again was this misinformation?
Burn
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do you work for anyone who is short bkmp.
Relentless.
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Nope. Do you plan on anwering my question? Run along burn.. you are outmatched on every level.
Burn
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Your off my Christmas card list.
Relentless.
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You're still on mine.. see how much more caring and mature I am.
Burn
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Outmatched I think not
Relentless.
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Yep, I know.. that's the funny part.
Squire38
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quote:Originally posted by Relentless.: no, the company is a scam.. They cling to and promote a whopping 20% stake in a Canadian fight network that is as of yet unproven. The company has over 14 billion shares outstanding and now wishes to multiply that number by ten thousand..
Unfortunately Relentless still does not understand the whole preferred vs. common shares thing.
I will post good information, which he can not dispute.
Educate yourselves on preferred stocks vs. common stocks. Read my post on page 14. Some will have you believe that preferred share dilute the common shares. This is not true. Google search and educate yourselves. The bashers don't want you to learn, they will just bash without giving you sources of information.
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