BSM Big Stick Media Corp

Big Stick Media Corporation ("BSM" or the "Company") (TSX VENTURE:BSM) announces
today its financial results for the quarter ended February 28, 2010.


For the quarter ended February 28, 2010, the Company incurred a net loss of
$7.97 million versus net income of $435,000 for the quarter ended February 28,
2009. The results for the first quarter of fiscal 2010 were adversely impacted
by a goodwill impairment charge of $8.2 million that was taken in recognition of
the decreased revenues and profitability of a division of the company. The net
income or loss figures include various non-cash accounting items including
amortization expense, stock option compensation expense, accredited interest
expense, gains or losses on asset impairments and dispositions and net foreign
exchange gains or losses. Excluding the effects of the non-cash charges as well
as income tax expense and cash interest expense, the modified EBITDA for the
first fiscal quarters of 2010 and 2009 were $1.071 million and $2.041 million
respectively.


The financial results for the quarter ended February 28, 2010 reflect the fact
that the Las Vegas call center operation previously operated by the Company is
now dormant. Accordingly, previously deferred revenue is now being
systematically recognized without mitigation from associated costs. As such, the
reported accounting income for this division is significant whereas no
operational cash flow is currently being produced.  


"Q1 of fiscal 2010 was a transitional quarter for BSM. Our core revenues fell in
comparison to the corresponding quarter in 2009 and thereby necessitated the
goodwill write-down", stated Christopher Kape, President and CEO. "We are
continuing with the discussions with the holders of the secured debentures in
respect of which we are currently in arrears. We hope to be able to table a
proposal to such lenders in the near future."


BSM is based in Vancouver, British Columbia and trades on the TSX Venture
Exchange under the trading symbol "BSM". Additional information about BSM
including the Company's consolidated financial statements and management
discussion and analysis for the quarter ended February 28, 2010 are available
under the Company's profile at www.sedar.com.


As at the date hereof BSM has 23,992,020 issued and outstanding common shares.

About Big Stick Media Corporation

BSM owns and operates a portfolio of assets that provide fact-based and opinion
oriented information relevant to the sports industry. These assets include
websites, client-server software and publications. BSM generates revenues in a
number of ways, including various direct to consumer services and direct to
business sales through a portfolio of websites, the most significant of which
are www.JimFeist.com, www.donbest.com, and www.g-picks.com. BSM also operates
the Don Best Sports real-time sports information systems for serious sports
enthusiasts, handicappers and bettors.


Cautionary Statement

This press release may contain certain forward-looking statements with respect
to the Company. These forward-looking statements, by their nature, involve risks
and uncertainties that could cause actual results to differ materially from
those contemplated. We consider the assumptions on which these forward-looking
statements are based to be reasonable, but caution the reader that these
assumptions regarding future events, many of which are beyond our control, may
ultimately prove to be incorrect. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from Big Stick Media
Corporation's expectations are various risks detailed from time to time in the
filings made by Big Stick Media Corporation with securities regulations.

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