-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4721 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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Apologized that it has taken him some time to get back w/me, and that he knew the question I had for him has been on the minds of many. In one word, "DILUTION."
We spoke about the TA handling transactions involving liquidation of shares in lieu of cash-payment toward the Convertible Note.
Whatever shares are generated as a result of these trxs. IS NOT HAPPENING NOW because of a TWO YEAR HOLDING PERIOD prohibiting them being traded on the open-market. That is, shares liquidated in lieu of cash paymnent toward the CD cannot be excercised until Fall, 2007.
Sandy's guess is that the supression of share price is likely being caused through those holders seeking instant returns on investment, a.k.a. flippers.
He commented that the problem for BKMP is that it is viewed by those typically trading pinkies as another typical pinkie and thus is heavily traded through flipping.
He went onto comment that even though many choose to flip BKMP that they only have about 45-days left to do so for it to remain profitable.
News releases will start to roll out at that time that will, in his words, "Blow Your Socks Off," basically anihilating the current environment that makes flipping worthwhile.
Asked if he could elude or drop a hint regarding these "earth-shattering" releases, he responded that if he did tell me he would have to kill me. Told him no-thanks, I want to stick around so that I can reap the benefits of BKMP. He laughed and I thanked him for answering the question on the minds of many.
Another observation. I had asked him why he doesn't put out a release to this effect. He told me that up until about a month ago he had time to focus on these types of issues, but that today the demands of this burgeoning company pretty much limits his time to issue these types of PR's. He says that he believes that the share price of BKMP will benefit much more from the effort being put into what is soon coming to fruition. He concluded by reiterating, "Give it about 45 days."
-------------------- trashed and scattered again Posts: 627 | From: Boston | Registered: Jan 2006
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posted
If this he-say/she-say is worth following, I could use another 45 days to load up the boat. Decisions, decisions.
Posts: 680 | From: san francisco | Registered: Aug 2005
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posted
Hoping to get more at .0003/.0004 over the next several weeks. Gotta average down a little.
OT: when should we be seeing the name change take place with our snyy shares to AMSN?
Posts: 680 | From: san francisco | Registered: Aug 2005
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Topic Closed
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OK SANDY!!! The countdown is on to MONDAY, APRIL 3, 2006
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Viewers Choice ad, It didn't take long to start.