The Blackhawk Fund recently announced the signing of a national broadcast contract with the Business Talk Radio Network. This deal allows the Blackhawk Fund to produce and air a live two hour radio program that will air from 8-10pm EST Monday through Friday. The program will also be re-aired 8-9am PST Monday through Friday.
The BlackHawk Fund operates as a business development company with interest in real estate development projects, as well as in media and television production in the United States. It redevelops and sells residential and commercial properties. The BlackHawk Fund owns, operates, manages, and implements proprietary media properties that primarily include network quality cable television shows, which are converted to online video magazines and DVDs.
The Company derives revenue from advertising sponsors seeking to reach a target audience with their products and services. BlackHawk currently has $2,200,000 worth of residential property on the market for sale. Following the sales of these properties, Blackhawk will become a pure media business dedicated to growth and shareholder appreciation.
Today Blackhawk announced that 2007 revenues had increased 207% from the same period in 2006. The company is expected to file their 10-KSB with the SEC in the next few days to provide stockholders with complete disclosure to their financial results. The increase in revenue has been attributed to the implementation of the Company’s media business, which commenced operations in January of last year. The Company believes the increase in revenue will continue through 2008 as their business model is refined and a larger audience will be reached through the expansion of the nationwide radio show.
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