BKMP.PK The Fight Network

[higherstocks]

BKMP, interesting post, may have a U.S. carrier soon.

Posted by: itrade4profit2
In reply to: apd trader who wrote msg# 80327 Date:6/7/2006 6:50:31 PM
Post #of 80432

I posted this information yesterday here....

I spoke with a Time Warner representative the day before yesterday and asked if they could look into whether or not Time Warner was thinking about offering TFN to its customers. At that time I was told that they have a list of channels that they are considering and it could easily be looked up...

Yesterday I stopped by the kiosk and obtained the following information:

(1) Time Warner is in negotiations with TFN to obtain carriage

(2) They are in a bidding war with Comcast, another carrier from the Northeast (my best guess is Cox Cable) and Satellite is also in the mix.

(3) I was then asked if I had a digital cable subscription.

Now this information alone is nothing spectacular. It was verified that TFN is on the Time Warner channel lineup list by another poster from NY.

Now, add this to the press release/Shareholder letter that stated that "the people from Trajectory are working very hard and we feel that it is only a matter of time before we lock down our first of many U.S. carriage deals. As well, we have had enquiries from several other countries around the world (Mexico, Panama, Australia, England, Ireland) which we are pursuing with the same conviction as North America."

As I stated yesterday this is now a no brainer...anyone selling shares this cheap needs there head examined....the only possible drawback or unknown is the timeframe.

Best of Luck to all...

[higherstocks]

Ok it looks like from the action today that we are going up from here.  MM's have completed the purchase of shares and now will let this run.  Expect news anytime now about a us cable deal.

[BullMan]

Great pick Higher!  You were right on again!  You saw the accummilation of the MM's and it looks like the ran it today and news should be coming out probally Monday.  Thx for the future 5+ bagger. 

[higherstocks]

Thx Bullman,  Here is the chart for BKMP,  looks like it go big this week.

[higherstocks]

 

[doyerdiligence]

talking with yourself again? i bet you and bullman have some interesting tea parties

[higherstocks]

Updated chart! 

[doyerdiligence]

wow they only have billions and billions and billions outstanding here. Hit the resistance like a ton of bricks. Maybe after another R/S these scam artists can actually take it somewhere, i doubt it however.

[higherstocks]

Updated chart.  I am liking all the buys at .0008 and .0009.  In the investment world I am hearing from some mates that we are going to here some buyback completion news (also retiring shares from the buyback) and carrier news.  So I hear should be this week they are thinking Friday, but may come earlier.

[higherstocks]

BKMP: part of conference today http://www.investorshub.com/boards/read_msg.asp?message_id=11671592

[higherstocks]

updated chart.  nice close and very bullish closing above the 200-day.  Tommorrow could be interesting.

[higherstocks]

We have a great bullish close above ressitance.  Next stop .002.    Sold half my position for 100% gains today and riding my free shares the rest of the way to .002-.003.  BOOYAH!!!

[wchankent]

Nice call, higherstocks.

Seeing the action on BKMP, I decided to dig a little deeper to find out what's going on.

Between the last quarterly filing and the share buybacks, it looks like shares outstanding is sitting at about 11,500,156,305. At the current share price of $0.0009 that values the company at over $10 million.

So with BKMP owning 20% of Blackout Communications (which in turn owns the Fight Network), that would mean that people are valuing Blackout Communications at $50 million??? Does that seem reasonable?

As far as I can tell, BKMP only has one employee: Sandy Winick. Sandy is Chairman, President, Secretary and also seems to be the Board of Directors.

Since income is negligible, the only real asset I see is "Investments". We don't actually know what these investments are, but they're valued at almost $2.8 million.

I'd love to get excited about this stock but with $2.8 mill in "investments" and income in the last quarter a miniscule $7,350 how can it push any higher?

[higherstocks]

Nice call, higherstocks.

Seeing the action on BKMP, I decided to dig a little deeper to find out what's going on.

Between the last quarterly filing and the share buybacks, it looks like shares outstanding is sitting at about 11,500,156,305. At the current share price of $0.0009 that values the company at over $10 million.

So with BKMP owning 20% of Blackout Communications (which in turn owns the Fight Network), that would mean that people are valuing Blackout Communications at $50 million??? Does that seem reasonable?
ock
As far as I can tell, BKMP only has one employee: Sandy Winick. Sandy is Chairman, President, Secretary and also seems to be the Board of Directors.

Since income is negligible, the only real asset I see is "Investments". We don't actually know what these investments are, but they're valued at almost $2.8 million.

I'd love to get excited about this stock but with $2.8 mill in "investments" and income in the last quarter a miniscule $7,350 how can it push any higher?

Easy stocks are all speculative when your looking at big gains.  TFN is in the process of cable and cellular deals so people are willing to buy shares at a price that maybe doesnt look fundamentally right.  Look at GZFX, USXP, and allmost all of the penny stocks out there some are selling at 1000x revs.  When playing penny stocks you cant look at fundamentals but play on news and trends.  BKMP is a specutative play that you play for short term just like any penny stock out there you get in on a bottom and wait for the run up.  You do not play long term with any penny stock because just like you mentioned a penny stock pps is always valued way over what it is worth.  Hope that explains how you should play it.  Basicallly I will play the run and then get out.  I am not a long term investor I do not care what the company does, but care about the buzz of a stock at that moment in time.

[wchankent]

Okay, I guess that makes sense then. You're just getting in to ride the crazy momentum that you're hoping the pending deals will bring. You've got me curious enough to keep watching this one and see how things play out. Thanks very much for your explanation.