| January 25, 2006 |
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OTC: BKMP.pk
Current Price: $0.0006
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Blackout Media Inc. Announces It Has Purchased an Interest in Another New Digital Specialty Network in Canada -- THE WAGERING NETWORK
Wednesday January 25, 9:00 am ET
TORONTO--(MARKET WIRE)--Jan 25, 2006 -- Blackout Media (Other OTC: BKMP.PK - News ) announced today that it has completed its purchase of a 20% stake in another new specialty digital network called The Wagering Network - TWN, through Blackout Communications Inc. for an undisclosed amount of stock and cash.
Blackout Communications is a new media company dedicated to providing new and innovative products in the television, radio, publishing, music and interactive spaces, to the masses.
"Welcome To The Wagering Network," a new 24-hour specialty service dedicated to giving fans of gambling and wagering an all-inclusive source for all their wagering and betting needs.
This channel, unlike any other channel that exists today, will be sports fans' one stop to get all the information to bet on any event worldwide. The channel will offer lines on every event around the globe, no matter what it is or where it is happening, plus information and how-to programming on the art of wagering.
TWN-The Wagering Network has established, as its goal and mission, to create a unique and highly innovative specialty service that wagering fans from around the globe will come to identify as the number one brand in broadcasting as the source for information in the world of gambling. |
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The Wagering Network Inc. was granted a Category 2 broadcast license to operate in Canada a twenty-four hour specialty channel to be billed as: TWN-The Wagering Network.
This license was approved by the Canadian Radio and Television Commission ("CRTC") which is the governing body in Canada that legislates and approves the operating of broadcast services. |
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| 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. www.blackoutmedia.com (coming soon)
/ www.thefightnetwork.com / www.liveaudiowrestling.com . |
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Safe Harbor Statement: Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of HQ Sustainable Maritime Industries, Inc. to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."
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