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Wednesday, August 29, 2007

The Blackhawk Fund to Generate $2.2 Million From Sale of Real Estate Holdings

The Blackhawk Fund to Generate $2.2 Million From Sale of Real Estate Holdings

CARDIFF, Calif., Aug. 29 /PRNewswire-FirstCall/ -- The Blackhawk Fund, (BULLETIN BOARD: BHWF) is actively marketing the real estate holdings owned by The Company, which have an appraisal value in excess of $2,200,000. Upon sale of these properties, Blackhawk's revenue will increase to the highest level in The Company's history.

The Company is in the process of liquidating its real estate holdings as the final phase in the shift to becoming a pure Media Company. The Blackhawk Fund acquired 10 cable television shows and related media properties in January, 2007. This highly profitable business model has attracted some of The Nation's leading authors, speakers and businesses as clients of The Blackhawk Fund Media. The demand for our media business is increasing every month, which requires 100% devotion from The Company to keep up with the Agreements already signed over the past seven months.

To preview the quality of Online Productions, Cable Television Shows and Media Content owned by The Blackhawk Fund, please visit: http://www.blackhawkfund.com/

From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

Contact:
Investor Relations of The Blackhawk Fund
775-887-0670


First Call Analyst:
FCMN Contact:


Source: The Blackhawk Fund

CONTACT: Investor Relations of The Blackhawk Fund, +1-775-887-0670

Web site:

http://www.blackhawkfund.com/


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