posted
Apirl 27th Blackout Media Corp. Announces That It Has Commenced Its Share Buy-Back Program 1,230,142,238 total shares traded today Current price .0003 History Begins
Let's see what we will be sitting at one month from now.
Next news? American Cable Contract
-------------------- Remeber! 99% of penney stocks are scams, but with only that 1% you can be rich Posts: 436 | From: University of Sounthern California | Registered: May 2005
| IP: Logged |
posted
Hope it has more impact than VWKM's National Rollout
quote:Originally posted by tongusc: Apirl 27th Blackout Media Corp. Announces That It Has Commenced Its Share Buy-Back Program 1,230,142,238 total shares traded today Current price .0003 History Begins
Let's see what we will be sitting at one month from now.
Next news? American Cable Contract
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
| IP: Logged |
Somehint: sandy starts to buy back at least one thing is postive
THEY ARE MAKING MONEY NOW = Future is good
Another postive thing is
Dilution wil be gone
Forcasting: US cable carrier.
and the reason that the price didn't move today is because flippers. but once it starts moving we will take off very soon.
some old analysis estimated price above .02
we seems getting there once it finished the buyback
Currently they have 1M subs, at $5/mo thats $60M/yr. If they only make 25% profit from that after paying the carriers, fees, taxes, employees, etc..., thats $15M/yr Profit, of which BKMP gets 20%, or $3M/yr. Divide that over the 2.5B shares, and you have earnings of .0012 currently. To be extremely cautious, I will only use a P/E of say, 10, and that should make their current PPS .012.
The key is the carriers in the US. I think they can easily ad 4-6M subs by May in the U.S, remember Fox Soccer Channel alone has 20M subscribers in the U.S, and they launched January 7 2004, and are competing against GolTV, as well as ESPNDeportes who compose another 17M subscribers. Furthermore, you cant discount those numbers as being the "Latino Factor", because the big matches from South America, as well as Italy, are televised on UGN, RAI, and Telemundo. These are mostly die-hard fans, who are willing to shell out money to see the international games, just like NFL network, but with a slight handycap since its harder to find the smaller matches televised. (links for the FSC #s are in a link below)
On New Years eve, when the majority of the target Demographi, including myself 18-35 year old males were out getting hammered, both UFC and TNA wrestling had a .8 Nielsen rating for their time slots. Thats a total of 1,763,200 viewers on NEW YEARS, while the Times Square Ball drop had 20M viewers. (A single ratings point represents 1%, or 1102000 households for the 2005-06 season, talk about HOT CONTENT...) Heres one of the sources for the numbers, there are more out there but this was easy to find. http://www.wrestleview.com/news2005/1136523210.shtml
When the Fight Network comes to the U.S, if it can gain only 4M subscribers, then these numbers will be 5x higher!! (1+4=5, 1x5=5, and .012 x 5= .06) And now for the even better news. . . . the 20% ownership of The Fight Network is the maximum allowable under Canadian law. Now that they are incorporated in Wyoming, and have opened a NY office that will serve as the U.S counterpart to their Toronto HQ (remember, 50% of the Fortune 500 are incorporated in Delaware, but less than .1% have any physical offices there, incorporation is on paper) BKMP will undoubtedly have a greater stake in TFN, with Garrow being brought in with Winnick as the big owners. If BKMP was just some scam company that bought a chunk of this network, Garrows would never tarnish his name by bringing him on board, and stating that they will be working to make their partnership even closer. (If Gordon Gekko bought out your company, and you knew he was gonna be run to the ground, wouldnt you want to distance yourself as much as possible from his name) On top of ALL this, is the HUGE ammount of advertising revenue that this channel will bring in. They already have Xyience on their website, but just imagine the potential revenue for a Network that will be catering right to the 18-35 yo demographic??? Do your own DD, and come to your own conclusions, but I have tried to provide as much info as possible if you have questions.
thefightnetwork.com
"Fox Soccer Channel is .....one of the major operating units within the Fox Entertainment Group (NYSE: FOX) and News Corporation (NYSE: NWS). Distributed as a cable and satellite service, FSC boasts more than 20 million subscribers....launched as Fox Soccer Channel in February 2005. heres the soccer numbers: http://www.ussoccerfoundation.org/site/c.gpLPJQOpHkE/b.998643/k.6A4E/062705A.htm
-------------------- Remeber! 99% of penney stocks are scams, but with only that 1% you can be rich Posts: 436 | From: University of Sounthern California | Registered: May 2005
| IP: Logged |
posted
I would like to see .0005 tommorrow. there will be alot of profit takers though.
Posts: 798 | From: Malverne, NY, United States | Registered: Jan 2004
| IP: Logged |
posted
Tongusc..where is this info located on the net?? Especially the part about 1 million subscibers?
"Currently they have 1M subs, at $5/mo thats $60M/yr. If they only make 25% profit from that after paying the carriers, fees, taxes, employees, etc..., thats $15M/yr Profit, of which BKMP gets 20%, or $3M/yr. Divide that over the 2.5B shares, and you have earnings of .0012 currently. To be extremely cautious, I will only use a P/E of say, 10, and that should make their current PPS .012."
Posts: 1637 | Registered: Apr 2004
| IP: Logged |
posted
Wow, there's going to be a lot of talk about BKMP and the buy back! I'm in that's for sure!
Posts: 191 | From: Ontario, Canada | Registered: Mar 2006
| IP: Logged |
posted
lets say they get a US contract what would everyone think this could possibly goto does anyone think it coul someday hit .05 just opinions please
Posts: 2270 | From: andalusia, IL, USA | Registered: May 2004
| IP: Logged |
quote:Originally posted by stnkng1: lets say they get a US contract what would everyone think this could possibly goto does anyone think it coul someday hit .05 just opinions please
Alot depends on if they retire any shares. I think I read on here they have in the neighborhood of 5 billion shares outstanding, if this is indeed the case, a pps of .05 would put the market cap at $250,000,000.
Posts: 2383 | Registered: Apr 2006
| IP: Logged |
posted
yeah, it was a while ago. I will do some research on it.
-------------------- Remeber! 99% of penney stocks are scams, but with only that 1% you can be rich Posts: 436 | From: University of Sounthern California | Registered: May 2005
| IP: Logged |
posted
We're only missing one SLIGHTLY important bit of information here...
How many shares are they retiring? You think this kind of information would be sorta significant, right? Yeah, so, why the secrecy???
I have a suspicion they are going to retire a couple million shares, release a PR about how many million they've retired, then just print more and add them to the float. This is something many pinks love to do...
-------------------- The more weedsmoke I puff the more dangerous... Posts: 122 | From: West of Nashville | Registered: Apr 2006
| IP: Logged |
posted
They have said, in the past, that it is supposed to be 2 billion shares over 2 years. This is just the beginning.
Posts: 882 | From: CA | Registered: Jan 2006
| IP: Logged |
posted
This thing, if operated and managed right, is on the cutting edge of "NEW TELEVISION". My son just returned from University for the summer and believe it or not mentioned TFN in conversation at supper, how his buddies and him watched TFN on Star in Winnipeg on a few Fridays or Saturdays when it was free viewing. It was brought up because we were talking about Ultimate Fighting and how fast it has grown from just two years ago when the only way to watch it was to rent a video tape from Blockbuster. I could not believe he mentioned this, and he couldn't believe I was a shareholder. Had to get back on the computer here to pass this along. This channel is really going to be big with the 18-30 year-old gender....me to as well....LOL
Posts: 1637 | Registered: Apr 2004
| IP: Logged |
-------------------- Remeber! 99% of penney stocks are scams, but with only that 1% you can be rich Posts: 436 | From: University of Sounthern California | Registered: May 2005
| IP: Logged |
posted
Things are going to get good here... the great thing is that you can still get in on the bottom floor. How can you not be excited at this point! How many still wish they has the chance to get into USXP or RSHN at .0005 or lower?
-------------------- trashed and scattered again Posts: 629 | From: Boston | Registered: Jan 2006
| IP: Logged |
posted
I hope this does get good. I was trying to sell 4mil shares to today at .0003 bu I think I will keep my 10 million shares now and see what happens.
Posts: 798 | From: Malverne, NY, United States | Registered: Jan 2004
| IP: Logged |
posted
SHHHHHH....Dont tell anyone but I am thinking of jumping out of my JPHC and going into this. I mean this thing has not hit .0001 so if I can get in at .0003 all I have to worry about is losing to .0002. Why not!!! Plus it looks like a great company and I could see .002 easy!!! Maybe make back my money I lost in JPHC. What do yall think?
Posts: 129 | From: DFW, TX | Registered: Mar 2006
| IP: Logged |
posted
You should man. I odn't know that much about JPHC but BKMP for sure has way much of potential once it annoces the US cable carriers. Look at Fox channel. Also I called sandy a week ago and somebody else called sandy two days ago, he said there is absolutly no R/S on this stock AND they started buy back. so basically at .0003 this point i really dont' see any risks. Consider youself lucky if you can buy in at average of .0003. You know how many people are trying to lowering their average at this point? Mine is at .0004 and i am buying more tommrow. BIG MONEY
-------------------- Remeber! 99% of penney stocks are scams, but with only that 1% you can be rich Posts: 436 | From: University of Sounthern California | Registered: May 2005
| IP: Logged |
posted
The Meaning of Buybacks A stock buyback, also known as a "share repurchase", is a company's buying back its shares from the marketplace. You can think of a buyback as a company investing in itself, or using its cash to buy its own shares. The idea is simple: because a company can’t act as its own shareholder, repurchased shares are absorbed by the company, and the number of outstanding shares on the market is reduced. When this happens, the relative ownership stake of each investor increases because there are fewer shares, or claims, on the earnings of the company. Typically, buybacks are carried out in one of two ways:
1. Tender Offer Shareholders may be presented with a tender offer by the company to submit, or tender, a portion or all of their shares within a certain time frame. The tender offer will stipulate both the number of shares the company is looking to repurchase and the price range they are willing to pay (almost always at a premium to the market price). When investors take up the offer, they will state the number of shares they want to tender along with the price they are willing to accept. Once the company has received all of the offers, it will find the right mix to buy the shares at the lowest cost.
2. Open Market The second alternative a company has is to buy shares on the open market, just like an individual investor would, at the market price. It is important to note, however, that when a company announces a buyback it is usually perceived by the market as a positive thing, which often causes the share price to shoot up.
Now let’s look at why a company would initiate such a plan.
The Motives If you ask its management, they’ll likely tell you that a buyback is the best use of capital at a particular time. After all, the goal of a firm's management is to maximize return for shareholders, and a buyback generally increases shareholder value. The prototypical line in a buyback press release is "we don't see any better investment than in ourselves". Although this can sometimes be the case, this statement is not always true.
Nevertheless, there are still sound motives that drive companies to repurchase shares. For example, management many feel the market has discounted its share price too steeply. A stock price can be pummeled by the market for many reasons like weaker-then-expected earnings results, an accounting scandal or just a poor overall economic climate. Thus, when a company spends millions of dollars buying up its own shares, it says management believes that the market has gone too far in discounting the shares - a positive sign.
Improving Financial Ratios Another reason a company might pursue a buyback is solely to improve its financial ratios – metrics upon which the market seems to be heavily focused. This motivation is questionable. If reducing the number of shares is not done in an attempt to create more value for shareholders but rather make financial ratios look better, there is likely to be a problem with the management. However, if a company’s motive for initiating a buyback program is sound, the improvement of its financial ratios in the process may just be a byproduct of a good corporate decision. Let’s look at how this happens.
First of all, share buybacks reduce the number of shares outstanding. Once a company purchases its shares, it often cancels them or keeps them as treasury shares, and reduces the number of shares outstanding in the process.
Moreover, buybacks reduce the assets on the balance sheet (remember cash is an asset). As a result, return on assets (ROA) actually increases because assets are reduced; return on equity (ROE) increases because there is less outstanding equity. In general, the market views higher ROA and ROE as positives. (See Reading The Balance Sheet.)
Posts: 1637 | Registered: Apr 2004
| IP: Logged |
Blackout Media Corp. Announces -- Fight Network Acquires MMA Weekly.com
By Market Wire Last Update: 4/28/2006 9:00:04 AM Data provided by
TORONTO, CANADA, Apr 28, 2006 (MARKET WIRE via COMTEX) -- Blackout Media Corp's (BKMP) -- The Fight Network Inc. announce today that it has completed it's acquisition of MMA Weekly.com.
"We are excited about this deal," said Mike Garrow President of The Fight Network, "MMA Weekly.com is regarded by many consumers as the number one site for mixed martial arts news and information on the web and we are very please to be welcoming it into The Fight Network family of combative sports news outlets. Fight Network is also committed to adding additional resources to MMA Weekly in the coming months to create an even richer media experience for MMA fans worldwide," he added.
MMA Weekly has been available online for over five years and reports on the latest happenings in the world of mixed martial arts. MMA Weekly.com also features a daily Internet radio show hosted by (Ryan Bennett and Frank Trigg), one on one video profiles, fighter rankings and user forums.
MMA Weekly has conducted hundreds of interviews over the years with the who's who of mixed martial arts such as Ken Shamrock, Randy Coture, Chuck Liddell, and Tito Ortiz to name but a few.
"Delivering the latest news and inside information to our fans has always been key with us here at MMA Weekly," said Ryan Bennett co-founder of the website. "This arrangement with The Fight Network allows us to take the MMA Weekly brand to a whole new level," he added.
One such initiative will be the introduction of a weekly television show call MMA Weekly that will air on both Fight Network and online in the coming months. "The time has come where the sport of MMA needs a news and information show," said Brian Sobie VP of Programming and Production at The Fight Network. "I have the utmost confidence in Ryan Bennett, Scott Petersen and all the contributors to MMA Weekly that it will become a very popular show on the network," he added.
About The Fight Network:
The Fight Network is a cross-platform media company with brand interest in television, radio and web. All three of these media offerings are seamlessly integrated to offer fans of combatant sports and related entertainment a true convergence experience. The Fight Network Inc. corporate headquarters is located in Toronto, Canada. Additional information on the company can be found at www.thefightnetwork.com.
About MMA Weekly.com:
MMA Weekly.com is a leading Internet media and news company focused on the mixed martial arts segment of combatant sports. The company's website of MMA-related information is one of the web's top information destinations and attracts one of the largest concentrated audiences of young males on the Internet. www.mmaweekly.com
The company is headquartered in the Salt Lake City USA with additional offices in Toronto Canada.
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.
The company is headquartered in the Salt Lake City USA with additional offices in Toronto Canada.
This is also worth reading again
Fight Network is also committed to adding additional resources to MMA Weekly in the coming months to create an even richer media experience for MMA fans worldwide," he added.
Posts: 796 | Registered: Dec 2004
| IP: Logged |