posted
you a live in fantasy land. this has been in the toilet, for months and you all still praise it. lots of laughs you get what you deserve. LETS GET READY TO TUMMMMMMMMMMMMMMMMMBLE.
-------------------- dont eat yellow snow
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posted
do i have proof??????????? this has been tanking for a year now, but hey if hitting rock bottom on the bid and ask doesnt bother you than alright its a winner, ride her to the top. do your own DD, give me a frickin break.................... on a pinkie???????? a B.S pinkie at that. farmers need and use monure, but i bet you'd be the only one to believe in its stock, although your all mighty with this CRAP stock so maybe.
-------------------- dont eat yellow snow
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posted
LOL.....Mathgeek acts like we are not aware of what a penny stock is .
Nore is he aware that .. { when stocks move } ...nothing moves the the penny stocks .
Examples ....-----> factual history
2 years ago I bought 1 million shares of " usxp " for 5 hundred bucks { it went to more than 40,000 dollars }
last year shares I bought of paim { moments after debenture process was cleared and trading resumed } at .0001 ...went to 124 times that value .And additional shares bought at .0002 ... went to 62 times their value .
Shares of "dcbi " I recently bought at .06 cents and more at .04 cents went to .37 cents a share { I sold at .25 cents and have been buying more ever since priced lowered .
I bought jmcp at .0001 and doubled last week . Now I am buying a buttload more { and these are for long } .
The best company in the world " coke " will never move like a penny stock . Nor will bershire hathaway or disney . They do not have the capability . The hi risk of pennies is ....FOR A REASON
That inevitably some will move in unheard of jaw dropping mouth watering mega amounts that bash the bashers back under the rocks they hide and dump buckets of cash and free shares into the accounts of penny traders that boldly went where bashers never will .... The winners table
quote:Originally posted by MATHGEEK: do i have proof??????????? this has been tanking for a year now, but hey if hitting rock bottom on the bid and ask doesnt bother you than alright its a winner, ride her to the top. do your own DD, give me a frickin break.................... on a pinkie???????? a B.S pinkie at that. farmers need and use monure, but i bet you'd be the only one to believe in its stock, although your all mighty with this CRAP stock so maybe.
Well no stock is 100% anyway, especially in the pink. But in stocks, you can't ever get ahead if you don't take chances.
A year ago in May BKMP was at .0002 and ran up 500% June 1st 2006 and later to 700%. So, if the TFN sale goes through and they keep their word on the buyback I would say another run is very possible.
From March 29, 07 "We are extremely pleased that we have completed the first one billion share buy-back program and that we started on a second program to buy back up to 5 billion more shares and we have purchased just less the 10% of those to date."
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quote:Originally posted by triovestor: That inevitably some will move in unheard of jaw dropping mouth watering mega amounts that bash the bashers back under the rocks they hide and dump buckets of cash and free shares into the accounts of penny traders that boldly went where bashers never will .... The winners table
Triovestor 2007 [/QB]
I would agree with you 100% on this. I have made more money playing penny stocks in the last yr than I have made with all my other stocks in over 10 years. Its a simple trick with penny stocks. Here are some tips that have worked for me: 1. Always buy penny stocks as low as possible. Don't buy when there is a mad up rush. 2. Choose you company based on the avg volume. If people are buying and selling a stock it has the potential to move. 3. Anticipate good news.
BKMP is a very good example of a stock to buy in todays market. It will move and move fast. I do anticipate that Sandy will get us a good deal on the sell out. He has been a good fella till now.
-------------------------------- Please dont sue me if your stock value goes from .0001 --> .0000 its my humble opinion only.
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posted
Ah, but if no one bought on a mad up rush, there would be no mad up rush.
It works if you catch it before it peaks. However there is a bad feeling when you are the one to buy the peak trade, then downhill from there.
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posted
NR, why would they be buying back only to do a R/S. That would just be a waste of money wouldn't you say. They have already bought back over a billion which is about $500,000 at .0005 avrage. I'm not saying they won't, but if they do, that would be the end as no one would trust them again. So if they value the shareholders as they claim and expect future support, to me it just make common sense to stick to the buyback to keep shareholders rather than take a chance on a R/S.
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posted
5 minutes of DD shows that Sandy Winick has had a run in with the SEC before, so I do not believe him when he claims there will be no R/S, nor do I believe him that there will be a "buyout" and if there is, I'm betting BKMP shareholders will get the shaft. This is a Pinksheet stock remember?
IMO the buyback is a ploy to keep people buying while they dilute this thing into nothing, using it as a source of funding for Blackout Communications and TFN.
This stock may run one last time as the supposed "buy-out" comes around, but IMO anyone still in it after that will be left holding the bag, staring a R/S in the face. Winick won't care about shareholder trust, because it will already be gone when the buyout falls through or shareholders realize Mr. Winick and his partner will be walking away with all the money.
Let me ask you this... Why would BKMP buy back shares and then dilute the O/S at the same time with that insane "Preferred Share Conversion"?
Also, has BKMP given out the new O/S? I'm almost willing to bet it has increased by over 5 billion.... Minus the buyback of course... You see where I am going with this?
-------------------- One is never completely useless. One can always serve as a bad example.
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posted
The Preferred Share Conversion is not added to the O/S. This is because they are restricted and cannot be traded until 2009.
As far as dilution, this I cannot determine. I think anytime you have a huge volume and pps does not climb, it's either shareholders dumping or dilution. With 15B O/S out there, it could easily be dumping. If it is dilution, then this could be a scam, because that would indicate that they are deceiving in order to dilute. If it is dumping, then BKMP is in the clear and is most likely doing the buying.
At this time I would lean toward shareholders dumping and BKMP buyback, because in order to buyback billions of shares, they would need to do it while keeping the pps as low as possible. What better time to do it than now, before announcing the TFN sale.
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posted
Indeed, they are restricted.... However, they are still added to the O/S, and therefore constitute dilution.
quote:Outstanding Shares:
Not to be confused with authorized shares, outstanding shares refer to the number of stocks that a company actually has issued. This number represents all the shares that can be bought and sold by the public as well as all the restricted shares that require special permission before being transacted.
posted
Yes, they are in the O/S pool, but not tradable, so that's the same as not being there and won't dilute. Example, 15B O/S with 5B restricted is the same as saying 10B O/S.
TORONTO--(MARKET WIRE)--Mar 12, 2007 -- Blackout Media Corp. (Other OTC:BKMP.PK - News) is pleased to inform its shareholders that it has worked out a further arrangement with the holders of the convertible debenture that there will be NO conversions of the debenture to common stock until the end of 2009, .....
That's December 2009, so dilution will occur at that time if the shareholder decides to sell.
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quote:Originally posted by TopRob: The Preferred Share Conversion is not added to the O/S. This is because they are restricted and cannot be traded until 2009.
As far as dilution, this I cannot determine. I think anytime you have a huge volume and pps does not climb, it's either shareholders dumping or dilution. With 15B O/S out there, it could easily be dumping. If it is dilution, then this could be a scam, because that would indicate that they are deceiving in order to dilute. If it is dumping, then BKMP is in the clear and is most likely doing the buying.
At this time I would lean toward shareholders dumping and BKMP buyback, because in order to buyback billions of shares, they would need to do it while keeping the pps as low as possible. What better time to do it than now, before announcing the TFN sale.
I'm thinking you could determine, if you knew the share structure...
lol, what does the TA say?
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
Yes, the restricted is not in the float and does add to the O/S, but what I am saying is that the restricted will not dilute so it is basically the same as logically not in the O/S pool. Note that dilution of restricted shares will only occur when sold, not when issued. When you see heavy trading in one day, it is not the restricted shares unless the mature date has been reached. In this case it won't happen until Dec 09.
I also see your point. You are saying any shares added to the O/S is dilution. You're right, but as far as affecting the pps, restricted shares doesn't, so in that sense, they have no dilution affect.
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posted
I think you are not understanding what the definition of dilution is.... Again:
quote:Dilution:
A reduction in earnings per share of common stock that occurs through the issuance of additional shares or the conversion of convertible securities.
If shares are added to the O/S, restricted or not, dilution has occurred.
While BKMP's float may not have increased, it's O/S has, (by an undetermined amount), and therefore it is dilution... It doesn't matter when the restricted shares are sold, or even if they are never sold, the dilution occurred the instant the preferred restricted shares were issued.
-------------------- One is never completely useless. One can always serve as a bad example.
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quote:Originally posted by TopRob: Yes, the restricted is not in the float and does add to the O/S, but what I am saying is that the restricted will not dilute so it is basically the same as logically not in the O/S pool. Note that dilution of restricted shares will only occur when sold, not when issued. When you see heavy trading in one day, it is not the restricted shares unless the mature date has been reached. In this case it won't happen until Dec 09.
I also see your point. You are saying any shares added to the O/S is dilution. You're right, but as far as affecting the pps, restricted shares doesn't, so in that sense, they have no dilution affect.
not sure to whom you're responding...
lol, all I'm asking about is basic share structure: AS/OS/float
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
TopRob, I see the point you are trying to make in that the PPS will not be driven down by shareholders unloading tons of restricted shares until 2009, (assuming the shareholders actually sell when the restriction is lifted)... However, BKMP's O/S has increased, and therefore each outstanding share is now worth less than it was before the restricted shares were issued. IMO, this was factored into the PPS on the last few days before the conversion, when close to 3.5 billion shares were traded within three days, and BKMP's price tanked to it's current 0.0001/shr within that same time period.
So, my question still stands, why would BKMP dilute and increase the O/S at the same time it was buying back shares?
-------------------- One is never completely useless. One can always serve as a bad example.
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Outstanding Shares: 15,000,000,000 (billion) as of 2007-03-31.
Float: 14,000,000,000 (billion) as of 2007-03-31
However, the O/S could be as high as 165,000,000,000(billion) if every shareholder that recieved prefered shares converted them into restricted shares via the preferred share program that ended April 30th 2007. In a recent PR, BKMP claims
quote:"The total number of shareholders who converted their preferred shares to restricted common shares was a relatively small percentage compared to those who had the opportunity to convert but chose not to."
posted
As I stated earlier in this thread, even if a "relatively small percentage" meant that only 10% of preferred share holders converted to restricted shares, it would still effectively double the current O/S, bringing it up to 30,000,000,000(billion).
-------------------- One is never completely useless. One can always serve as a bad example.
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I like world-wide recognition. Korean newspaper mentions TFN.
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