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Imagination TV Inc. (IMTV)

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Last Post: 1/28/2015 12:26:08 PM - Followers: 494 - Board type: Free - Posts Today: 5

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Pursuant to a sworn Notice of Copyright Infringement Claim filed by Steven Samblis, CEO/Chairman of IC Punch Media, Inc., certain images and text previously placed in this Intro Message by board moderators have been removed since they were claimed to be infringements of others' intellectual property rights.

Please do not replace this content or other content without first ensuring that it does not infringe upon the property rights of others or that it is permitted as Fair Use. It is typically acceptable to use a thumbnail, summary or synopsys of such information for the purposes of commentary or analysis, but it should not be copied en masse without the prior permission of the owner.

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*********CAUTION*********


DO NOT BUY THIS TICKER

SHARE SELLING SCAM

 

 
***MAJOR DD RIGHT HERE! MUST READ*****

PNCH only takes 5 seconds of dd to figure out what is going on.

From the last 10Q:

During the nine month period ended September 30, 2012, notes with a face value of $97,500 was converted into 350,445,504 shares of common stock. The debt conversion was recorded at the fair market value of the stock, at an average price of $.00535. The difference in the calculated issue price, per the agreed terms listed above, and the fair market value of the shares resulted in a recognition of $1,777,023 as an expense of the conversion, included as a change in derivative

So 350,445,504 shares were issued for $97,500 worth of stock. That's a conversion ratio of $.000278/share.

The average price of the stock at the time of the conversions were $.00535 making that stock worth $1,874,523 or $1,777,023 more than the debt.

Basically what that means is that they issued 350,445,504 shares that were worth $1,874,523 to debt Note holders to eliminate $97,500 worth of debt.

If anybody wants to know what PNCH is all about they need not look any further than that. Find out who owns the convertible debt Notes and who is getting a cut of the profits from the selling of the shares going to the debt Note holder and those are the people that PNCH exists to make rich. When people buy PNCH stock those are the people they are handing their money over to.

And it is only going to keep getting worse.

As of September 30, 2012, PNCH still had $244,253 in convertible debt Notes on the books.

If $97,500 turned into 350,445,504 shares then how many shares do you think $244,253 in convertible debt will turn into especially considering how much of a discount below the market price the debt Note holders get their shares?

At the same conversion ratio of $.000278 as the last $97,500 worth of debt, that $244,253 will become 878,607,913 more free trading shares of stock.

Since the PNCH share price will only go down as more shares get dumped, that $244,253 in convertible debt will probably end up becoming more than 1,000,000,000 free trading shares of PNCH stock.

PNCH looks like it is on its way down towards triple zeroes and anybody that holds it long term will end up going along for the ride.

 

 










 







                                                                                                                                       

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PNCH News: Imagination TV, Inc. Retains Legal Counsel to Demand Accounting From ClearVision Airport Television Network 11/05/2014 08:47:00 PM
PNCH News: Imagination TV, Inc. Retains Legal Counsel to Demand Accounting From ClearVision Airport Television Network 11/05/2014 07:29:00 PM
PNCH News: IC Places, Inc. Changes Name to Imagination TV, Inc. 10/17/2014 04:26:00 PM
PNCH News: Imagination TV Partners With FilmOn to Launch the World's First Hosted Self-Help Television Network 09/30/2014 09:00:00 AM
PNCH News: Imagination TV Partners With FilmOn to Launch the World's First Hosted Self-Help Television Network 09/30/2014 09:00:00 AM
PostSubject
#117566  Sticky Note ***Did Steve Samblis-destroy-ClearChannel-radio-interview-evidence?*** Milesblue42 11/17/14 05:41:58 AM
#117283  Sticky Note PNCH has now done 4 reverse splits in buyinit 10/19/14 07:42:50 AM
#115577  Sticky Note A MUST READ! The CEO is a complete buyinit 06/04/14 08:32:26 PM
#105894  Sticky Note Posting comments that appear to be a threat IH Admin [Dan] 06/20/13 11:12:26 AM
#102227  Sticky Note Recommend everyone file a copy of the Collins Charlie48 04/29/13 09:42:35 PM
#117855   Which reverse split was that after?? Hard to DocDiggler 01/28/15 12:26:08 PM
#117854   Add them all up. I'd say we are tradewin 01/28/15 09:46:58 AM
#117853   Where is the revenue from ad sharing with hhi3 01/28/15 08:44:35 AM
#117852   Does Steve Samblis need more Joseph Collins mentoring??? Milesblue42 01/28/15 07:41:07 AM
#117851   Come on, tell us that IMTV is going ed7777777 01/28/15 12:23:44 AM
#117850   Yes, after the RS I am the proud graydave 01/27/15 05:20:19 PM
#117849   It is amazing what a RS and dilution getmoreshares 01/27/15 03:46:56 PM
#117848   People are not buying into his bullshit PR's graydave 01/27/15 12:50:26 PM
#117847   52 Week High 3/17/2014 / 9.00 ed7777777 01/27/15 12:24:41 PM
#117846   Vincent Midnight is the CEO and Editor in ronaldo1149 01/27/15 10:55:17 AM
#117845   Market cap here $3,879.00 and falling. It's that tradewin 01/27/15 10:29:20 AM
#117844   ****Where is the REVENUE-$$$ from Icplaces.com click Ads?**** Milesblue42 01/27/15 06:23:01 AM
#117843   Where are the ClearVision/ConnectiVISION-content-agreement SEC-Filings? Milesblue42 01/27/15 06:09:25 AM
#117842   Steven Samblis why no-U.S.-Securities-and Exchange-Commission 8K's? Milesblue42 01/27/15 05:55:19 AM
#117841   No PR he has ever released has meant hhi3 01/26/15 05:06:18 PM
#117840   There could not be a more APPROPRIATE name FORTY-8 01/26/15 03:43:19 PM
#117838   I forgot the ticker ;-) weeeeeeeeeee ICPA PNCH Nitwit 01/26/15 01:30:22 AM
#117837   SCAMBLIS... Imagination TV ;-) Nitwit 01/26/15 01:29:10 AM
#117836   Meadow2009. YOU ARE A GEM! FORTY-8 01/23/15 04:08:22 PM
#117835   The only money this company makes comes from hhi3 01/22/15 10:29:32 PM
#117834   CAUTION!****FACT-This is a SCAM STOCK-Do you DD before getmoreshares 01/22/15 05:02:40 PM
#117833   Looks like front loading for another promo. buyinit 01/22/15 02:16:54 PM
#117832   People are actually buying this crap? Don't they graydave 01/22/15 02:15:41 PM
#117831   This is the official website. http://stevensamblis.com buyinit 01/20/15 07:41:50 AM
#117830   Nice Q meadow2009 01/20/15 07:00:45 AM
#117829   We all know where to get the Fertilizer!! ronaldo1149 01/15/15 10:14:49 AM
#117828   I have a little retirement side business. I hhi3 01/15/15 08:48:31 AM
#117827   Will FINRA deny Steven Samblis another Reverse Split?? Milesblue42 01/15/15 12:25:34 AM
#117826   You were close! Lots of dumping now. POS graydave 01/14/15 07:22:57 PM
#117825   TRIPS TODAY?R/S TOMORROW?HEY BUT CAN SEE ALL NETWORKS ronaldo1149 01/14/15 10:18:59 AM
#117824   LOL---https://friendsofvutv.wordpress.com/2015/01/12/more-deception/comment-page getmoreshares 01/12/15 07:08:58 PM
#117823   Most all the shows on his web site hhi3 01/11/15 08:32:30 PM
#117822   Did CEO-Steven Samblis pay attorneys with ClearVision funds? Milesblue42 01/11/15 07:26:46 PM
#117821   Thank you for posting the truth. hhi3 01/11/15 04:15:33 PM
#117820   I clicked on the link and got physically sick. hhi3 01/11/15 04:14:22 PM
#117819   KARMA BABY--finally it is catching up! getmoreshares 01/10/15 12:49:15 PM
#117818   This is the official website. http://stevensamblis.com buyinit 01/10/15 08:57:12 AM
#117817   That is aweosme and a great read. buyinit 01/10/15 08:52:12 AM
#117816   Steven M Samblis is the biggest scum bag around. buyinit 01/10/15 08:47:14 AM
#117815   The Official website of Steven M Samblis http://www.stevenmsamblis.com/ erodriguez 01/10/15 01:31:29 AM
#117814   Scamblis mug shot... PLUTUS 01/08/15 08:35:38 PM
#117813   Con Artists like Stevie B402 01/08/15 07:03:41 PM
#117812   Can the FRNA use this as Evidence? Milesblue42 01/08/15 03:56:10 PM
#117811   Lolzzzzzzzzzzzzz :-D Samblis/Con Artist B402 01/08/15 12:16:43 PM
#117810   decision made for Complainant is Steven Samblis (“Complainant”) ronaldo1149 01/08/15 07:14:32 AM
#117809   Blowhole DENIED :-D DocDiggler 01/07/15 09:26:23 PM
#117807   1591261 stevensamblis.com, stevensamblis.net, stevesamblis.com, sa ronaldo1149 01/07/15 04:48:09 PM
#117806   Tell me more!!! graydave 01/07/15 04:01:58 PM
#117805   Looks like the Cyber Squatter has won ! SLICRIC50 01/07/15 03:49:54 PM
#117804   Months before the devastating reverse splits I actually hhi3 01/07/15 10:49:33 AM
PostSubject