posted
bomber im on the same page as you i beleive. my plan is to go all in on this one and sell portions the whole way upwards eventually. we maybe total dreamers or we might be people who took a big risk and waited for the payout. im at 30 million shares i was up as much as 17 large and didnt cash. i will be buying tommorrow and each additional tick downwards.
people you can officially call me a bkmpidiot i am riding this one into the ground or until im well off. so mm's and weak hands keep on selling and not buying at the ask i will be on the bid side and on occasion just slappin that a$k.
long strong and accumulating.
-------------------- gotta know when to hold em and when to ..........
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posted
Great great DD! UFC will go to the big screen!
A possible kind of relationship between BKMP (TFN) and IPRE (Imperia Entertainment) because of their upcoming movie "Never Submit", was in speculation some time ago. Now we have something real. "Never Submit" will pave us the way for TFN to reach a much broader audience. TFN also has it on tehir site: http://www.thefightnetwork.com/news_detail.php?nid=2111
But the date (August 2) seems to be wrong in the PR, or they released it 10 days later. At least I couldn't find this PR anywhere until now. And the website also states: Saturday, August 12, 2006.
UFC Fighters To Be Featured In Imperia Entertainment’s Mixed Martial Arts Movie “Never Submit” and High Profile Executive Producer Announced
BEVERLY HILLS, Calif.-(SportsWire)—August 2, 2006/ Imperia Entertainment (Pink Sheets: IPRE) President James Hergott announced today that he has received permission to use fighters from Ultimate Fighting Championship (UFC) in the upcoming mixed martial arts movie entitled Never Submit. Hergott and Never Submit Producer Cindy Ortiz met with UFC President Dana White in his Las Vegas office on Friday July 21st, 2006 to discuss the project and use of UFC contract fighters in the movie.
Ortiz comments, “The meeting went well. Mr. White and Mr. Hergott share a lot of the same goals on how the sport of MMA should be depicted on the silver screen and ensuring an accurate portrayal was number one on both of their lists. I think Mr. White appreciated the fact Mr. Hergott himself has been a martial arts practitioner for nearly half of his life. Hergott’s passion for this sport was obvious to me from the moment I read his script (Never Submit). White was interested in helping the young director and I feel his generosity in allowing us to showcase UFC fighters in the movie will have a huge impact on the realism of the film.”
Hergott comments, “As a former Judo competitor, I have closely followed this sport and have been a fan of MMA since its North American introduction in 1993. Mixed martial arts is gaining true mainstream acceptance which in large part is due to the success of the UFC and the Spike TV hit reality show The Ultimate Fighter that recently completed filming its fourth season. Never Submit will appeal to the hardcore fans as well as expose movie goers to this emerging sport who may know very little, if anything, about MMA when they enter the theater. My goal is to turn as many of them into fans as possible by the closing credits.”
Hergott continues, “It is my intent as writer and director to portray the sport of MMA, the athletes competing in it and the fans supporting it in a positive light. MMA isn’t a barbaric underground blood sport like it has been depicted in the past by other filmmakers. It’s a very intellectual sport; a physical chess match between men. This movie will showcase the courage, integrity, commitment, athleticism and sportsmanship found in these modern day gladiators and I’m looking forward to telling their stories.”
According to Hergott, “Dana is a true visionary as well as a great business man who shares my dedication and passion for this sport. I have wanted to do a movie about MMA since before Zuffa even acquired the UFC, but I just wasn’t in a position to do so until now. I very much admire what he has been able to accomplish in this industry over the past few years and I recognize his success is a direct result of the fact he never stopped believing in this sport or his company.”
Hergott continues, “I’m looking forward to working with fighters from all three seasons of The Ultimate Fighter as well as those competing in the live UFC events. Never Submit will provide great exposure for these guys who want to experience what it’s like being on the silver screen. Quite a few fighters aspire to become actors and I appreciate the fact Dana has been proactive in making this opportunity available to fighters representing the UFC organization. He truly cares about who they are and what they want to accomplish in their lives and he could have just as easily said ‘no’ when approached about it.”
Ms. Ortiz comments, “Mixed martial arts is regulated and sanctioned by numerous state athletic commissions (20 so far in North America) because they recognize it to be a legitimate sport just like baseball, football and basketball. Professional fighters are just as much professional athletes as the elite performers found in other sports. I feel that Never Submit will be a movie with widespread appeal and the action is going to keep movie goers on the edge of their seats just like it does millions of spectators flocking to live MMA events every year around the globe.”
Ortiz continues, “The script doesn’t present MMA as the hobby it is for some, nor does it focus on amateur level competitors. Never Submit showcases the intensity of professional fighting and takes you inside the world of this very controversial sport, something James Hergott knows quite a bit about. It is a pleasure to be involved with this project because I think it’s going to succeed in helping fighters to gain the long overdue respect and recognition they deserve as well as help solidify MMA as a true sport in a mainstream environment.”
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Here's your super buyback everyone was so thrilled about.. Notice they issue two billion shares just before the super fabulous six hundred million share buy back..lol
posted
Pretty sure we all knew os was around 13 billion. for a company flirting with .0003 its not bad. no dilution since june 30. and dilution is locked down for 18 months?
all the bashers were saying 20 mill os and dilution up till now?
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RD finally found out the O/S, give the boy a cookie. I TOLD YOU THE O/S WAS ABOUT 15 BILLION IQ boy, search the thread. NOW try to compare it to QBID. 15 billion vs. 200 billion... I'd say there is a difference. Now find out the float, and REALLY look brilliant.
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quote:Originally posted by cactus33: Pretty sure we all knew os was around 13 billion. for a company flirting with .0003 its not bad. no dilution since june 30. and dilution is locked down for 18 months?
all the bashers were saying 20 mill os and dilution up till now?
How can you possibly know there was no dilution since june 30???? Since they did a reverse split they have continued to dilute every month.. but.. ohhh no somehow July and August are different? Clues are easy to find.. it's just getting one that is tough.
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t's important to note that the following disclosure was made. Sandy wouldn't dare implicate himself in a financial statement, knowing the potential charges that would come down on him were this a false statement.
"...the company has worked out a deal with the convertible debenture holders that no more debenture will be converted to shares for the next eighteen months."
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We knew that the O/S was 12 billion back in April or May. The extra billion was most likely added right before the debenture was announced to be postponed. We knew it would be alittle higher than 12 billion for this report.
Alot of people have speculated that this last downturn in share price was due to major dilution in the toon of say 20 or so billion. I think we have stifled those theories.
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Worrying about whether they are selling shares today compared to yesterday.. is well pointless. One must look at the big picture.. They ARE selling shares.. Ten billion in six months.. that is dilution and that is what kills the stock. The buyback was a scam.. they issued two billion shares just before they did the tiny little buyback.. It was aimed at seducing newbie penny investors into buying. This stock is a scam.
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posted
"We are very pleased that we could work out these very favorable terms on the convertible debenture and that this stops the dilution of the common stock. Now we can focus on the business and building shareholder value for the long term," stated Sandy Winick, President of Blackout. "We are optimistic that we will be able during the next 18 months to either retire the debenture or have the holders convert the debenture into a long-term loan," he added.
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TORONTO--(MARKET WIRE)--May 26, 2006 -- Blackout Media Corp. (Other OTC:BKMP.PK - News) is pleased to inform its shareholders that it has worked out an arrangement with the holders of the convertible debenture that there will be NO more conversions of the debenture to common stock for the next 18 months, in addition to the moratorium on the conversion the company at its option can repay the debenture at any time during the next 18 months without any penalties or bonuses of common stock and the final terms of the negotiation was the debenture can be converted, at the option of the debenture holders, into a long-term loan to the company payable in five years with a 10% interest rate on the loan.
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posted
Now let's see how it's received. I knew most of the income producing ventures geared up after June 30 so the dollar signs wouldn't be huge. Frankly, I'm glad there are any in this report. But I was expecting the OS to be closer to 9.5 billion. I do think many people will be taken aback by that.
We'll see tomorrow.
-------------------- Me Trade Pretty One Day.
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posted
You are right. It did not tank from dilution.. It's a consolidation that turned into a downtrend. Chart is a bit fuzzy at the moment.. not at the bottom yet but not showing any real signs of a drop coming.. short term anyways.
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posted
There is one thing that jumps out at me....Sandy converted almost 8.3 billion shares in the three months ending 03/31/06. The three months ending 06/30/06 he converted 2.0 billion (not including the 600 million shares repurchased). This says one of two things to me, either Sandy loaded the boat with the 8.3 billion shares in the first quarter or he's getting closer to generating enough revenue to pay the bills without dilluting.
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posted
Not real sure what bills he has to pay.. What costs does a holding company incur.. a holding company whose claim to fame is a whopping 20% stake in TFN... TFN admitedly a really good idea, but as of yet unproven.
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