posted
thx Ric. I did sell to make a profit and ride some free shares in case the divi worked out to be something.
with your knowledge, could you comment on the question i posted below please?
thx! ~BB
quote:Originally posted by betting babe: hey can someone expand on this for me?
ive never held shares in a company that merged and/or changed its name...
so does this mean that the stock symbol changes but our shares stay the same and migrate over when FCDH becomes Blackout Media Corp? or are we screwed?
posted
Looks like no one made money on this, it appears most have all held. The float is owned by the IHub guys, all you're seeing here on the LII or T&S are fabricated low prices. The MMs simply do not have any shares to sell this low.
Most everyone I know are not going to sit around and simply watch MM games. This will be the case for this week and next.
Further, Sandy will be buying 1 billion shares in a buy back. The simple problem here is not dilution, but NSS by the MMs, they are trying to shake the tree....its not working!!
GLTA!!!!
Of course, IMHO
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
Hey Ric, how is it that these restricted shares we received via divi would never become unrestricted?
Posts: 209 | Registered: Sep 2005
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posted
I have heard that buyback statement so many times its silly. And for some reason every stock that says it the investors truely believe it and it never happens. And Unless proven the NS issue in these non reporting pinksheets is usually a coverup to severe dilution. Another standard statement and play for this market. Enough said. Don't want to fight. Just stating what every other non reproting pinksheet says and how they have convinced the investor they aren't like the others but they always are.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
rasica, many of us did make money on this, but spent a good portion on aspirin for the headache the crazy ride caused!
i do still think there will be a run after the new year with a good PR. it would be unwise to sell here at a loss imo, cuz a lil patience should bring back the levels we already saw at some point in the future.
~BB
quote:Originally posted by Ric: I alway knew you were smart, lol.
Yes a symbol change will happen if they do that. Share structure will remain the same unless they state there will be a ratio change.
posted
Don't be too trusting when bashers hit this board. Here NSS proven with one of the MMs selling FCDH!
vFinance Investments, Inc. vFinance Investments, Inc. (CRD #44962, Boca Raton, Florida) submitted a Letter of Acceptance, Waiver, and Consent in which the firm was censured and fined $17,500. Without admitting or denying the allegations, the firm consented to the described sanctions and to the entry of findings that it executed short-sale transactions in a NNM security and failed to report each of these transactions to the Automated Confirmation Transaction Service (ACTSM) with a short-sale modifier. The findings stated that the firm executed short-sale orders in NNM securities and failed to make an affirmative determination prior to executing such transactions. NASD also found that the firm executed short-sale transactions in NNM securities at or below the current inside bid when the current inside bid was below the preceding inside bid in the security. In addition, NASD determined that the firm's supervisory system did not provide for supervision reasonably designed to achieve compliance with applicable securities laws and regulations concerning short sales. (NASD Case #CMS030177)
GLTA!!!
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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quote:Originally posted by CD's Money: Hey Ric, how is it that these restricted shares we received via divi would never become unrestricted?
I have three in my account from over the years in this market. The company have to approve making them unrestrictive and the cost involved to do so is usually larger then the shares are worth if they do approve it. But usually these shares are from companies that are in trouble. Why are they giving you more shares then then have? A lot will be out of business in 2 years or be revoked. And the ones that aren't will not make it easy and it usely cost from $150 -$250 dolar depending on your broker to have them unrestricted if you can. I will guarentee that the one year time will never happen. The company will have to be reproting for one and that want happen and a lawyer will have to do an opion letter alson. Well Good Luck to all. Hope I am wrong on this one.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
Rasica don't worry. The people here know who I am and that I am no basher. So please give it a break. Thats the next thing that most trapped people start screaming. Calling anyone that tells it the way it is a basher. Give me a break. And NS does happen and probably is in this stock but thats not the reason it is where it is.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
Ric, thx for the advice, can we survive it? I ask because it sounds like we're getting into a situation that you're very accustomed to livin with? I hope you're wrong too.
quote:Originally posted by Ric:
quote:Originally posted by CD's Money: Hey Ric, how is it that these restricted shares we received via divi would never become unrestricted?
I have three in my account from over the years in this market. The company have to approve making them unrestrictive and the cost involved to do so is usually larger then the shares are worth if they do approve it. But usually these shares are from companies that are in trouble. Why are they giving you more shares then then have? A lot will be out of business in 2 years or be revoked. And the ones that aren't will not make it easy and it usely cost from $150 -$250 dolar depending on your broker to have them unrestricted if you can. I will guarentee that the one year time will never happen. The company will have to be reproting for one and that want happen and a lawyer will have to do an opion letter alson. Well Good Luck to all. Hope I am wrong on this one.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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quote:Originally posted by betting babe: rasica, many of us did make money on this, but spent a good portion on aspirin for the headache the crazy ride caused!
i do still think there will be a run after the new year with a good PR. it would be unwise to sell here at a loss imo, cuz a lil patience should bring back the levels we already saw at some point in the future.
~BB
quote:Originally posted by Ric: I alway knew you were smart, lol.
Yes a symbol change will happen if they do that. Share structure will remain the same unless they state there will be a ratio change.
I think your right if this merger does happen. Should be a good enough PR blitz to make it move again. Good luck
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
Well what is the possibility of this merger happening? We need the good PR to get us back up in the teens.
Posts: 209 | Registered: Sep 2005
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posted
Sounds like the merger already happened CD, we're just waiting for the PR.
GLTA!!!!
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
One more question. Is this downturn in pps just MMs trying to manipulate the share holders into selling early enough as to lose their divi shares? And when the divi's are paid, then maybe the pps will go back up? Just a thought.
Posts: 209 | Registered: Sep 2005
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posted
Excuse the off topic, please. CD, what it is is what it is. The shareholders at Qbid demanded that the company show us the financials, audit etc, under some rule governing the company and shareholders rights. Certified letters requiring top mgmt signatures were sent and signed and 2 of our guys are going to look at the books on the 5th of Jan. So thats on the burner and hopefully won't be overcooked before we get there. In the mean time the CEO has said onthe phone to our spokes people that the info we want will be released prior to that date. However the meeting is to take place as planned in order to compare notes. And thats the name of that tune. The break in part is just a little sarcasm, to go along with the idea that we won't know anything unless we go after it on our own. Its all legit. QUOTE]Originally posted by CD's Money: quote: -------------------------------------------------------------------------------- Originally posted by DIGDOUGH: Don't tell anybody, but QTV in Burbank is getting broke into, the first week of Jan. And the books are gonna be looked at. --------------------------------------------------------------------------------
What are you talking about? Pleae explain. [/QUOTE]
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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quote:Originally posted by CD's Money: One more question. Is this downturn in pps just MMs trying to manipulate the share holders into selling early enough as to lose their divi shares? And when the divi's are paid, then maybe the pps will go back up? Just a thought.
ABSOLUTELY CD, float is already owned....look at it now 78 million shares today and down 2 ticks. Price is not following shares owned, further, on the day this had over a Billion shares traded price never climbed as it should have. Why? Naked Short Selling by the MMs. They are keenly desperate as no one is selling and taking any tiny profits at this point...they march the price down by fabricating sells between themselves (sideways trading).
In January, the new law will take effect and these MM Nazi Muffins will not be able to do this anymore. Further, this Wednesday is dooms day for the MMs because every SNYY divi must be matched to every REAL share (Date Of Record).
Any fabricated shares on this day the MMs will need to cover...this is why you are watching this laughable desperate marching of the PPS down by (sideways trading).
Also on January 7th., all dvies will be locked and loaded to each share holder. On this date you can sell FCDH shares without the divies conveying also to the new buyer. Here's the pickle, MMs want your shares on December 28th. but most will retain their shares till January 7th so as to retain the shares recorded on December 28th.
If anyone on this board had taken the silly advise of the preceeding bashers, those in QBID would have never had the chance to see .025PPS.
Just plain simple logic The Fight Network is what this is all about. TFN is already on the air in Canada, QBID never got out of the chutes!!!
GLTA!!!!!!!!!!!!!!
Of course, IMHO
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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quote:Actually Ric the people here know who I am and when I was speaking of not being too trusting, I was speaking of you. I don't want to fight with you here.
But apparently you don't know Ric all that well. He's one of the brightest and most trustworthy people here. He knows of what he speaks and if he's of the opinion that this is being diluted (which it is by the way) then you'd be wise to believe him.
posted
Are you being paid to pump this? And name calling is a sure sign of it when someone disagrees with you.
quote:Originally posted by Rasica:
quote:Originally posted by CD's Money: One more question. Is this downturn in pps just MMs trying to manipulate the share holders into selling early enough as to lose their divi shares? And when the divi's are paid, then maybe the pps will go back up? Just a thought.
ABSOLUTELY CD, float is already owned....look at it now 78 million shares today and down 2 ticks. Price is not following shares owned, further, on the day this had over a Billion shares traded price never climbed as it should have. Why? Naked Short Selling by the MMs. They are keenly desperate as no one is selling and taking any tiny profits at this point...they march the price down by fabricating sells between themselves (sideways trading).
In January, the new law will take effect and these MM Nazi Muffins will not be able to do this anymore. Further, this Wednesday is dooms day for the MMs because every SNYY divi must be matched to every REAL share (Date Of Record).
Any fabricated shares on this day the MMs will need to cover...this is why you are watching this laughable desperate marching of the PPS down by (sideways trading).
Also on January 7th., all dvies will be locked and loaded to each share holder. On this date you can sell FCDH shares without the divies conveying also to the new buyer. Here's the pickle, MMs want your shares on December 28th. but most will retain their shares till January 7th so as to retain the shares recorded on December 28th.
If anyone on this board had taken the silly advise of the preceeding bashers, those in QBID would have never had the chance to see .025PPS.
Just plain simple logic The Fight Network is what this is all about. TFN is already on the air in Canada, QBID never got out of the chutes!!!
GLTA!!!!!!!!!!!!!!
Of course, IMHO
-------------------- Learn the hard way with pennies Posts: 153 | Registered: Nov 2004
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posted
Here's an earlier release on Blackout Communications
PRESS RELEASE
First Canadian American Holding Corporation Announces Plans for 2005
TORONTO, May 04, 2005 (BUSINESS WIRE) -- First Canadian American Holding Corporation (Pink Sheets: FCDH) Chairman and CEO Sandy Winick has provided the following open letter to all shareholders and the investment community outlining the Company's business and plans for the rest of 2005 and into 2006. First Canadian American Holding Corporation through its investment in Blackout Communications Inc. and Terrablock JV Development Inc. is a incubator of up and coming explosive growth opportunities First Canadian is working to quickly becoming an opportunistic creator of value assets for its shareholders.
About Blackout Communications Inc.
Blackout Communications is a multi-dimensional media company that has interests in digital television, radio and publishing with plans to expand into digital radio, gaming, live events and sponsorship.
Presently Blackout Communications through its wholly owned subsidiary - The Fight Network Inc., Fight Network Radio Inc. and Blackout Publishing Inc. has started to assembly a core group of assets to exploit the world of combatant sports.
Through The Fight Network Inc., Blackout has acquired a 10 year broadcasting license from the Canadian Radio and Telecommunications Commission (CRTC) to air a 24/7 digital combatant television network.
Most resent revenues numbers from the CRTC puts the digital television market at $1.2 billion in 2004. The Fight Network will be working to take a slice of those revenues.
The demographics that The Fight Network will be targeting are the most sought after group, being males 18 to 34 years of age.
The Fight Network Inc. corporate headquarters is located in Toronto, Canada. Additional information on the company can be found at www.thefightnetwork.com.
In addition to its television network, Blackout through its wholly owned subsidiary - Fight Network Radio Inc. has recently acquired Law Audio Wrestling, more notably known as The LAW.
The LAW has been on the airwaves/ internet for over 8 years and reports on the latest happenings in the worlds of pro wrestling and mixed martial arts. The show specializes in conducting weekly interviews with star performers and athletes from all fighting areas. Especially popular with listeners are the "shoot style" interviews with wrestlers who discuss their careers and issues "out of character". The LAW has conducted thousands of interviews over the years with the who's who of pro wrestling such as; Ric Flair, Steve Austin, Lou Thesz, Mick Foley, Kurt Angle, and Bret "The Hitman" Hart along with mixed martial arts superstars such as Ken Shamrock, Randy Coture, Chuck Liddell, and Tito Ortiz to name but a few. Additional information on the company can be found at www.liveaudiowrestling.com.
At present Blackout Publishing which is 100% owned by Blackout Communications is involved in the publishing and promotion of fight related books. At present they have 4 books which are under the Blackout banner.
Future plans for the publishing division is to acquire more books in the fight related space and continue to offer them through traditional sales channels as well as through our online store.
Blackout's future plans includes the possible acquisition of online content provides in the MMA and boxing space as well as developing more media related assets in the combatant sports arena.
Currently Blackout is working with companies and individuals in the media industries to create and develop strategic and marketing alliances. Through these types of joint ventures and alliances we believe we will be able to make immediate and significant inroads into these industries resulting in immediate and long-term revenue streams for the company.
In addition to broadcasting in Canada, future broadcasting plans includes entering the U.S. market and eventually expanding the brand and its media offerings to Europe and Asia.
Blackout's long term goals and philosophy is to be the Number 1 source in North America for all combatant sports and the ultimate destination of combatant sports fans, whether it be pro wrestling, boxing, mixed martial arts or kickboxing. If you need to know about them you will find it at The Fight Network.
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
OK. Great Thanks. Excuse the incorrect use of company names in my previous post.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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quote: In January, the new law will take effect and these MM Nazi Muffins will not be able to do this anymore. Further, this Wednesday is dooms day for the MMs because every SNYY divi must be matched to every REAL share (Date Of Record).
What new law?
-------------------- Spend Word For Word With Me And I Shall Make Your Wit Bankrupt. Posts: 1326 | From: Here | Registered: Oct 2005
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quote: In January, the new law will take effect and these MM Nazi Muffins will not be able to do this anymore. Further, this Wednesday is dooms day for the MMs because every SNYY divi must be matched to every REAL share (Date Of Record).
What new law?
Here are the new shorting rules for pinksheets:
Short Interest Reporting in Pink Sheets Securities Coming Soon!
New York, NY, November 7, 2005 -- On Thursday, November 4, 2005, the SEC published for comment a proposed rule change to amend NASD Rule 3360 to expand the short interest reporting requirements to over-the-counter (‘‘OTC’’) equity securities, including securities quoted on the Pink Sheets. The full text of the proposed rule change is available in the Federal Register or online at: http://www.smartpdf.com/register/2005/Nov/03/66875A.pdf
In January 2005, Pink Sheets petitioned the SEC to cause the amendment of NASD Rule 3360 (http://sec.gov/rules/petitions/petn4-500.pdf). Under the current rule, NASD members are only required to maintain such records and make reports regarding securities included in listed on Nasdaq or on a national securities exchange. This excludes OTC equity securities, thereby denying investors and the markets for these instruments the protections of transparency and regulatory oversight provided by Rule 3360.
NASD will announce the effective date of the proposed rule change in a Notice to Members to be published no later than 60 days following Commission approval. In recognition of the technological and systems changes the proposed rule change may require, the effective date will be 90 days following publication of the Notice to Members announcing Commission approval.
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
Babe Hi. I don't see any changes from one of these to the next. I always have trouble defining exactly what they are addressing also. Do you see any thing on their regarding a name change? I don't see the new name mentioned. Just getting old I guess. Also I'm not qualified to answer your previous question about cos changing names, but in the case of this one, my opinion is that its good. IMO
quote:Originally posted by betting babe: i noticed that Form 4 filed Dec 22nd is listed as Amended (Form 4A) as of today.
The Fight Network Inc. is a cross-platform media company with brand interest in television, radio and web. All three of these outlets will be seamlessly integrated to offer fans of combatant sports and theme related entertainment a true convergence experience.
TELEVISION Channel “surfing” was the way combatant sport fans sought “fight” programming on a weekly basis…Not anymore. “Welcome to The Fight Network”: North America’s First and Only 24-hour specialty television channel dedicated to giving fight fans what they have been waiting for! A front row seat for all the hard-hitting action, news and entertainment from around the fight world, seven days a week, 52 weeks a year!
The Fight Network's programming mandate is to deliver the best of boxing, wrestling, mixed martial arts, and other combatant styles along with top-notch “fight theme” movies, documentaries, and television series. The Fight Network will also air special events and news related shows exclusive to the channel, making The Fight Network the ultimate television destination for fight fans. In January 2004 The Fight Network Inc. was granted a Category 2 broadcast license to operate a twenty-four hour Canadian specialty channel to be called TFN-The Fight Network.
Thai & Kickbox SuperLeague will come to Canada in January 2006!
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
I love all the experts here in penny land. If you all are so good. Go find us a stock that is going to the moon.
Posts: 675 | Registered: Dec 2005
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quote: In January, the new law will take effect and these MM Nazi Muffins will not be able to do this anymore. Further, this Wednesday is dooms day for the MMs because every SNYY divi must be matched to every REAL share (Date Of Record).
What new law?
Here are the new shorting rules for pinksheets:
Short Interest Reporting in Pink Sheets Securities Coming Soon!
New York, NY, November 7, 2005 -- On Thursday, November 4, 2005, the SEC published for comment a proposed rule change to amend NASD Rule 3360 to expand the short interest reporting requirements to over-the-counter (‘‘OTC’’) equity securities, including securities quoted on the Pink Sheets. The full text of the proposed rule change is available in the Federal Register or online at: http://www.smartpdf.com/register/2005/Nov/03/66875A.pdf
In January 2005, Pink Sheets petitioned the SEC to cause the amendment of NASD Rule 3360 (http://sec.gov/rules/petitions/petn4-500.pdf). Under the current rule, NASD members are only required to maintain such records and make reports regarding securities included in listed on Nasdaq or on a national securities exchange. This excludes OTC equity securities, thereby denying investors and the markets for these instruments the protections of transparency and regulatory oversight provided by Rule 3360.
NASD will announce the effective date of the proposed rule change in a Notice to Members to be published no later than 60 days following Commission approval. In recognition of the technological and systems changes the proposed rule change may require, the effective date will be 90 days following publication of the Notice to Members announcing Commission approval.
All that means is there will be reporting of shorts... no big deal really considering shorting is not what is making this stock go down currently. Either way looks like a decent ammendment as I do love transparency.
-------------------- Spend Word For Word With Me And I Shall Make Your Wit Bankrupt. Posts: 1326 | From: Here | Registered: Oct 2005
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posted
Originally posted by RiescoDiQui: "All that means is there will be reporting of shorts... no big deal really considering shorting is not what is making this stock go down currently. Either way looks like a decent ammendment as I do love transparency." -------------------------------------------------
I agree, its the MMs doing sideway trades to shake the tree....for the 500 Million Naked Shares at .0005 & .0006
GLTA!!!!!!!!!!!!!!!!!!!!!
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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On the original form 4 it was reported as a sale of 10 million. It was amended on the 4/A to a purchase.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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