Blackout Media Corp. Issues Letter to Shareholders By: Me
Blackout Media's main asset is still its 20% interest in The Fight Network and all its various brand extensions through Blackout Communications Inc. (BUT WILL BE INCREASSING to 40% SHORTLY)
In addition to that we have been working with Trajectory Sports of New York in pursuing carriage in the United States and we are in talks with a number of operators including:
DirectTV Verizon - FIOS ATT - U-verse Lodgenet On Command Dish Network Bresnan (AND COMCAST BUT WE CAN’T MENTION THAT BECAUSE OF CURRENT CONTRACTS)
We have expanded our efforts in pursuing carriage and business opportunities in the United States. We strive to have some exciting new announcements by year's end.
Fall Line-Up -- we have secured a number of new promotions from around the world to preview this coming fall on the network, these new shows will give us some of the most premium content in Boxing, Mixed Martial Arts and Wrestling found anywhere in the world.
We have also been in touch with companies in Australia, England, and Panama (BODOG) about launching the service in those countries.
Progress has been significant with the Australian initiative (FOXTEL) and we should see some results in the upcoming months ahead.
Neilsen Media Research
The company is performing very well in its digital category; our position against the other specialty digital channels in Canada is strong and should only get stronger as we expand our subscriber base (INTO THE USA). Our goal is to become the number one digital channel in Canada (AND USA), and we think we can do it.
Fight Network Radio We have been actively moving our 24/7 Fight Radio concept forward where we are nearly ready to roll this out to the market. We have been in contact with XM and Sirius about the possibilities of putting this on satellite radio. We are looking to have it available on broadband once we have launched (THIS WINTER.)
The LAW has moved to 1010 CFRB in Toronto which is the Number 1 talk radio station in Canada. The move has been very good for both us and them.
Stock Buy-Back
The share buy-back is still in full force and effect and should market conditions exist where funds should be allocated to furthering the buyback then that is exactly what will happen.
There are other (NSS) opportunities that we are looking at, which will be released to the shareholders as they evolve.
I truly believe that this will be a great year for the company and the future is looking very bright and extremely optimistic (AND THAT THE PPS SHOULD HIT 1$ IF EVERY THING WORKS OUT AS PLANED)
Thank you.
-------------------- "Reality is the leading cause of stress amongst those in touch with it."
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I Got A Reply From Sandy. Here it is, plus my original email.
**what i wrote:** Hi, Sandy. just going along with the board. please update us - anything! i have such high hopes for this stock. personally, i thought i'd have some funds by christmas.
go bkmp and p.
Thanks!
Lila McIntosh
**Sandy's response** Hi Lila:
Updates will be happening next week.
Thank you for your support, a little while longer and I think we should be just fine........working hard on alot of really good stuff for the company.....
Regards,
Sandy
-------------------- "Reality is the leading cause of stress amongst those in touch with it."
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quote:Originally posted by rae: You can always tell a good stock by the bashing thats going on. Nirvana if you had a clue you would take it out and play with it.
You really should write a book of all your clever witticisms. You're a regular Oscar Wilde...
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That Wendel guy was talking the other night on BKMPP Chat that Shaw Cable, one of the largest in Canada, would be added later to the Carriers of TFN, then this PR comes out dealing with Star Choice which is owned by Shaw Communications??? Ihubsters think theres a connection between HRHR, Wendel, Sandy, and maybe Mike Garrow??? BIG GAMES being played here
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That Wendel guy was talking the other night on BKMPP Chat that Shaw Cable, one of the largest in Canada, would be added later to the Carriers of TFN, then this PR comes out dealing with Star Choice which is owned by Shaw Communications??? Ihubsters think theres a connection between HRHR, Wendel, Sandy, and maybe Mike Garrow??? BIG GAMES being played here
posted
I think it creates a solid foundation for a run with the right PR. QBID comparisons can be laughed at, for now.
quote:Originally posted by kermit42: A lot less dilution than feared. That may help the PPS, but most likely the lack of income will outweigh the relative stability in the O/S.
posted
bigrod40: good article. I like this part: While the biggest group of fans seem to be the Holy Grail demographic for advertisers of males 18 to 34, the crowd during fight nights in Vegas has just as many enthusiastic women fans. Whether it's the pheromones, sculpted bodies or some sort of primal attraction to violence, the ladies love the UFC.
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posted
Burn, that is an excellent part that you pointed out. Everyone seems to think that it's a male dominated audience. Chicks get into it also, and I'm glad that someone finally decided to put that out because every customer that the fight network gets is money in the pockets of all. I like your style Burn.
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written by a dis-bared attorney/ex-felon. By: nwefree 21 Sep 2004, 08:28 PM EDT Msg. 84338 of 334421 Jump to msg. # Most of you probably know this already. The man who runs "Stock patrol" is a convicted felon. He avoided jail by ratting on his buddies. What a creep. Here's his story:
By Jeffrey Zaslow From The Wall Street Journal
Hartley Bernstein has a neighbor who revels in calling him "a felon." His mother wonders: "Did I do something wrong raising you?" His probation officer asks: "What are you doing with your life?" Mr. Bernstein used to be a prominent New York attorney, a self-described "rainmaker." But he represented stock-manipulation schemers who were cheating investors out of $150 million. He became aware of certain aspects of their crimes, didn't tell regulators, and in 1999 pleaded guilty to perjury and conspiracy to commit securities fraud. He has since paid court-ordered restitution of $850,000, returning his profits from several deals. Because he helped prosecutors nab bigger fish, he avoided jail and received two years probation. As a growing parade of reviled white-collar bad guys marches into court this year, those who've already done wrong and done time caution that a sentence never really ends. How do you look in the mirror each day and face up to what you did? How do you make amends to shamed and this column. In New York, Mr. Bernstein knows people will be judging him every day for the rest of his life. He once led a firm with a dozen attorneys. Now, 13 of his former clients are in jail, and he spends 45 hours a week alone at his computer, tending to StockPatrol.com. His wife, an attorney, pays the bills.
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posted
I'm thinking about putting in another $1,000 and flipping it. It's a great stock, and at this low a great flipper! I'll probably keep the 2 mil shares I have now and buy more to flip at the right moment. Who knows maybe I will end up keeping them and turn an even bigger profit.
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Posted by: combos In reply to: None Date:11/13/2006 8:26:34 AM Post #of 172704
2 EMAILS from sandy. I sent these Emails last week.
Hi Mike:
No the ship is not sinking, it is quite the opposite. Financial posted.
Keep the faith and I feel that over the long term shareholders will be rewarded as we work on moving TFN forward.
Regards,
Sandy
Hi Sandy, When will you be posting the financials? Could you let us know if the ship is sinking? To many other questions to type. It really would be nice to have some transparency right now. Thanks Mike 801-555-1460
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Posted by: combos In reply to: combos who wrote msg# 172702 Date:11/13/2006 8:27:19 AM Post #of 172705
Hi Mike:
Sorry for not getting back to you.
News coming out soon.
Regards,
sandy
Sandy, Help your share holders out a little bit and let us know what is going on. Thanks and if you ever read this, this is my 10th email to you and never a response. Call me at 801-xxx-1460 Thanks Mike
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Msg. 23115 of 23119 Jump to msg. # Good reply from Sandy... Good info from Sandy to tough questions... Here is the email reply I received from Sandy--my questions are at the bottom: " Sandy Winick Sent Monday, November 13, 2006 8:50 am To XXXXXXXX Subject response
Hi XXXXX:
Yes income is being generated, under accounting rules becuase we are a minority position we account for it based on the investment method.
No BKMP does not receive any income, that is not the nature of the investment, once the company is in a positive position and declares dividends then BKMP will get rewarded for its investment and of course on the eventual purchase by a third party is where we will make the big killing on the stock, that is why we are invloved for the long term appreciation in the investment.
Regards,
Sandy
Sandy, I read the latest financials and am wondering why no income is given for TFN subscriptions or PPV fees. TFN has been offered for over a year via some cable companies so the free viewing period should be long over with income being generated. Doesn't BKMP receive income from TFN? Something seems amiss. XXXXX (Investor, BKMP).
Blackout Media Corp. Issues Letter to Shareholders Monday November 13, 11:36 am ET
TORONTO--(MARKET WIRE)--Nov 13, 2006 -- Blackout Media Corp. (Other OTC:BKMP.PK - News) announced today that it has released a Letter to Shareholders from President, Sandy Winick. The text of the letter appears below. ADVERTISEMENT
Dear Shareholders:
I would like to take this opportunity to highlight some of the exciting events that have occurred over the last few months since the last shareholder letter and what we can expect in the future from our involvement in The Fight Network, but before we get to that I would like to try and clarify the preferred share dividend that was issued to you as I have had a number of inquiries from a lot of you, our shareholders with regards to the preferred share dividend and some of issues that you have been encountering over the past 30 - 60 days:
First of all the dividend was nothing more than a way to try and thank you, our loyal shareholders for supporting the company over the past months and years.
Secondly the dividend was for every 1 share of common stock held on the close of business of the 12th of September, 2006 that you would receive 10,000 preferred shares, the 12th is the ex-dividend date and the 15th is the payment date.
For example if you own 1,000,000 shares on the ex-dividend date you would get 10,000,000,000 preferred shares.
1. The preferred shares have there own CUSIP number 09250L 20 0 and trade separately under their own symbol as preferred shares -- different from the common shares, the symbol is BKMPP. The CUSIP number that ends with 994 has been assigned by the DTC as a temporary CUSIP number that bears no relation to the company or the actual or real CUSIP number that has been assigned by Standard & Poors, who are the only organization who can assign CUSIP numbers. There is no reason whatsoever why there needs to be this temporary CUSIP number out there but we at the company do not use it nor does the transfer agent, as we both deal with the assigned number ONLY.
2. NO this is not an option this is an outright grant to all shareholders, you have to do nothing, they should have already appeared in your brokerage account, as the shares have been delivered to the DTC in New York. The DTC in New York has distributed the preferred shares in certificate form to each of the participants (brokerage houses).
3. The value of the shares is whatever the market assigns to the shares, it is a free market and they will assign a fair value to them, I can't tell you what it will be that is not up to me.
4. A preferred shares is a non-voting stock that is similar to a debt instrument.
5. The preferred shares are free trading shares.
6. You will not be diluted by this dividend, because the preferred shares are non-convertible and non-voting, they do not affect the outstanding common shares of the company as they have a totally separate trading symbol (BKMPP) from your present common shares which will continue to trade under the symbol of BKMP.
7. A number of the shareholders especially from the online brokerage firms are having trouble getting their preferred shares and a number of different stories are circulating with regards to this.
First of all -- the dividend was never cancelled as some brokerage firms have reported.
Secondly, the transfer agent has delivered the shares contrary to another rumor saying they haven't.
The simple fact is that the preferred shares have been delivered to the Depository Trust Corporation in New York, who in turn delivered shares to each of the brokerage firms that we owed stock to, in other words each firm has there stock. That is the simple fact. There is no excuse for them not delivering your shares to you. We have done what we were suppose to do unfortunately we cannot force the brokerage firms to deliver or credit your accounts with what you are entitled to, you need to apply as much pressure as you can to get what you are entitled to. We have no power to force them to do anything.
8. Even though each one of you received quite a few preferred shares it seems the brokers and the central depository (DTC) are not allowing it to be traded, as management we feel that it would in the best interest of all concerned to roll back or reverse split just the preferred shares (not the common shares) so that they become a manageable number for everyone concerned. Your feedback and comments are welcome before anything will be done.
It has always been our goal to build The Fight Network into a globally recognized brand that combatant sports fans will come to identify as "the Source" for fight sports events and entertainment. With that being said a number of initiatives have been implemented to achieve that long term goal. Here are a few of the highlights:
Television
Canada is basically finished with regards to our penetration on the cable and satellite carriers, we have also added some IPTV providers as well. Since last reported The Fight Network has added over a dozen new carriers, most significant is Bell ExpressVu. By early next year they will have completed all the second tier carriers that have the ability to carry their network on their system and it will be time to move to international markets.
TFN is presently in various stages of discussions with carriers and providers in a number of overseas markets:
United States Columbia Panama Australia Hungary New Zealand England China Ireland Turkey Croatia Brazil Malaysia Ecuador They hope to finalize a number of these in the next 12 to 24 months and have presence in every corner of the globe before the end of this decade.
Nielsen Media Research
They are continuing to post extremely good results and they are maintaining their position in the digital marketplace in Canada as the top sports specialty network in the country.
Fight Network Radio
It is their goal to expand their weekly LIVE talk radio show "Live Audio Wrestling" into other markets outside Canada and they have started to explore those options.
In addition they will be launching in the first or second quarter of 2007 a daily internet MMA radio show with there news team that will be available from there website.
Fight Mobile
They are getting some great feedback from the carriers on the Fight Mobile service. This service enables fight fans to get up to the minute news, information and round by round results plus more, right to their cell phones.
They are looking to expand this coverage to other carriers and are actively working with there partners to do this.
In addition they will be offering SMS texting, ringtones, ringbacks, wallpaper and video content for mobile phones in 2007.
The final frontier for the mobile phone will be mobile TV -- they are actively looking at this opportunity will a number of potential partners from around the world and they anticipate rolling this out in 2007 as well.
Fight Network Online
The Fight Store -- their e-commerce offering, enabling fans to purchase all the great Fight Network gear plus unique and limited editions articles has successfully launched.
If you interested in the branded merchandise go to The Fight Network website click on "store" to order.
As shareholders of Blackout -- use this discount code TFN013 and receive 15% off any of your purchases between now and Christmas
Every month Mike Garrow -- president of The Fight Network puts out an in-depth newsletter on the state of wrestling, MMA and boxing. It is a very well written concise letter that gives you news and information on the different areas of the fight game.
A number of you have shown your support for BKMP and TFN by signing up for the newsletter, but a number of you have not.
Many of you invested in BKMP because of its ownership stake in The Fight Network -- you believe in the company and its product -- and as loyal shareholders of BKMP and The Fight Network I feel very strongly that every shareholder out there should show their support by signing up for the newsletter.
I want to see each and every one of you out there signing up for The Fight Network's monthly newsletter and supporting the company.
Fight Network Personnel
For those who haven't keep up with the resent additions over the past several months to the Fight Network family I just wanted to recap them for you as they have added a number of key personnel:
1. Mauro Ranallo -- some people in the MMA industry consider Mauro to be the best on air talent in the business, we happen to agree with them.
2. Loretta Hunt -- probably the best news reported in MMA has taken over as editor of the MMA news section of our website.
3. Jason Abelson -- a well know and respected boxing reporter -- who has taken over the managing our boxing news section of The Fight Network website.
4. Randy "the Natural" Couture -- MMA legend and hall of fame member has come aboard on The Fight Network as an ambassador for the Network and will be doing a number of additional things with the network.
5. Frank Trigg -- a world-class mixed martial arts competitor and color commentator for PRIDE Fighting Championships has joined The Fight Network broadcast team, as an on-air analyst for the Network's expanding news coverage for the sport of mixed martial arts.
6. Diego " Chico " Corrales -- has joined The Fight Network as a monthly columnist for boxing across all of its distribution platforms.
Stock Buy-Back
There have been no changes in the share buy back since last reported.
There are other opportunities that we are looking at, which will be release to the shareholders as they evolve.
I truly believe that this will be a great year for the company and the future is looking very bright and extremely optimistic.
Thank you.
Sandy Winick, President -- Blackout Media Corp. About The Fight Network:
The Fight Network is a cross-platform media company with brand interest in television, radio, mobile and web. All four 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 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.
Contact: Media Contacts:
For The Fight Network Stephen Murdoch OEB International Public Relations/Public Affairs Tel: (905) 682-7203 extension 22 Fax: (905) 682-7481 E-mail: smurdoch*oeb.com
Tim Foster (Investor Relations Contact) OEB International Public Relations/Public Affairs Tel: (905) 682-7203 Fax: (905) 682-7481 E-mail: tfoster*oeb.com
-------------------------------------------------------------------------------- Source: Blackout Media Corp.
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so it seems a reverse split of the prefered shares is going to happen. thank God is what i say other wise we would probably never be able to trade them. i hold something like 34 billion or 340 billion the numbers too high for me to count hehehe. i am still in this and in it for the long haul. canada is done america is coming and bring on the uk and the rest of the world if this pans out nice bkmp shareholders could be set for a long long time. if it is another scam then oh well try again with another stock. i am long strong and thinking of buying more.
sincerely your bkmpidiot.
and for anyone wondering if bkmpp shares have sold yet i put in a test order to sell a few and no buyers. not dissapointed i think we need a 1000 for 1 reverse split then they might actually trade for .0001 hopefully hehehehe.
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So you like Sandy Winick?
