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Imagination TV Inc. (IMTV)

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Last Post: 8/25/2016 3:53:55 PM - Followers: 504 - Board type: Free - Posts Today: 0


Does the IMTV Imagination TV ticker Inc have Multiple RED FLAGS?

* The OTC Markets has issued a WARNING to IMTV Investors -
http://www.otcmarkets.com/stock/IMTV/profile

* Is Steven M Samblis using new CEO Joseph S Sirianni as a Puppet CEO and could actually still be calling the shots at MyImaginationTV(IMTV)? Was this SEC Filing written with language that would allow Steven M Samblis to control the activities of the ticker IMTV? - http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11103279

* Per the United States Securities Exchange Commission website does the ticker IMTV fall into in any or multiple catergories? "Investor Alert: 10 Red Flags That an Unregistered Offering May Be a Scam"- https://www.sec.gov/oiea/investor-alerts-bulletins/ia_unregistered.html

* Why would new CEO Joseph S Sirianni submit a Form 15 filing with the United States Securites Exchange Commission stating that IMTV is giving Investors and the SEC a  "NOTICE OF TERMINATION OF REGISTRATION " and "SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934."  http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11449313 Is this a HUGE RED FLAG for IMTV Investors?

* Why were there so many Ticker(Name)changes yet there currently is ZERO Revenue? - http://www.otcmarkets.com/stock/IMTV/profile
Company Notes

Formerly=IC Places, Inc. until 10-2014
Formerly=IC Punch Media, Inc. until 3-2014
Formerly=IC Places, Inc. until 12-2012


* IMTV has done 4 Reverse Splits - http://www.otcmarkets.com/stock/IMTV/profile
Security Notes
  • Capital Change=shs decreased by 1 for 10 split Pay date=05/22/2007.
    Capital Change=shs decreased by 1 for 30 split Pay date=07/07/2010.
    Capital Change=shs decreased by 1 for 100 split Ex-date=03/27/2014.
    Capital Change=shs decreased by 1 for 300 split. Ex-date=10/20/2014.
     
* How can a TV Network report ZERO Revenue after previously mentioning multple Revenue Streams? - http://www.prnewswire.com/news-releases/ic-places-and-clearvision-kick-off-productioncontent-partnership-this-fall-at-raleigh-durham-international-airport-169443786.html  

* Why didn't former CEO Steven M Samblis submit his audited Unitied States Securities Exchange Commission 10K filings to the Government like he said he would do?
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10596853

* An Article about UNREGISTERD PENNY STOCKS http://www.finra.org/investors/unregistered-penny-stocks-can-spell-big-problems
"Unregistered Penny Stocks Can Spell Big Problems

Red Flags 

In addition to providing limited information, penny stocks historically have been more volatile and less liquid than the stock of larger companies—all reasons to invest with extreme care and only with money you can afford to lose.

Another reason to proceed with caution is that, while many companies engage in legitimate unregistered offerings to raise funds from investors, fraudsters can and do exploit unregistered offerings. 

If you are presented with an opportunity to invest in an unregistered offering, in addition to thoroughly researching an investment, look out for these red flags that can signal potential fraud:"

 

 


 

most recent SEC filings:

Joseph S. Sirianni is New CEO 

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11103279
 
 

Termination of Registration of a Class of Security Under Section 12(g) (15-12g)

http://www.ih.advfn.com/p.php?pid=nmona&article=71763714

email response from new CEO 6.27.16:

http://investorshub.advfn.com/uimage/uploads/2016/6/27/qsiazimage.png

 




old info below
---------------------------------------------------------------------------------------------------------------------------------------------------------------





*********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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PostSubject
#120910  Sticky Note KHudson, Steven-M-Samblis owns MyImaginationTv.com-url? WOW Milesblue42 06/29/16 12:29:58 AM
#120553  Sticky Note Merger? Solid DD Out - New CEO in PENNYMACHINE 06/23/16 05:52:07 PM
#105894  Sticky Note Posting comments that appear to be a threat IH Admin [Dan] 06/20/13 11:12:26 AM
#121089   Months after Steve Scamblis filed phoney paperwork here thelionwarrior 08/25/16 03:53:55 PM
#121088   Will Steven M Samblis Refund IMTV shareholders?? Milesblue42 08/23/16 09:58:00 AM
#121087   What happened to the excitement here. :( No thelionwarrior 08/19/16 06:23:03 AM
#121086   No news is good news? Lol thelionwarrior 08/17/16 08:08:49 AM
#121085   LMAO... Yepp maynerd 08/11/16 04:11:18 PM
#121083   We just love to guess, because guessing is maynerd 08/11/16 03:49:38 PM
#121082   But.... guessing is soooooooo Fun...... thelionwarrior 08/10/16 08:32:08 PM
#121081   Yes he does--he IMAGINES someone will buy this getmoreshares 08/10/16 04:39:42 PM
#121080   Imagination TV doesn't have much of an imagination.... thelionwarrior 08/10/16 11:52:19 AM
#121079   Does Steve have enough money for more bogus filings?? thelionwarrior 08/08/16 03:45:24 PM
#121078   Another great weekend of news! This thing is thelionwarrior 08/07/16 11:29:38 AM
#121077   If I was holding any of this terrible getmoreshares 08/05/16 07:47:36 PM
#121076   Rofl. Just imagine that it wasn't scambliss. Lol thelionwarrior 08/05/16 05:31:09 PM
#121075   Well, LOOK its Friday--way to go SCAMBLIS. getmoreshares 08/05/16 03:20:52 PM
#121074   We should be at .01 next week!!! thelionwarrior 08/05/16 12:26:17 AM
#121073   News! thelionwarrior 08/03/16 05:30:49 PM
#121072   Go IMTV!!!! WOOOO HOOO thelionwarrior 08/03/16 05:30:34 PM
#121071   Looks like scamblis is starting to pay off love your neighbor 08/03/16 01:03:19 PM
#121070   New DDWell, it appears Mr. Steven Samblis is getmoreshares 08/03/16 11:23:33 AM
#121069   I doubt they release big news till after thelionwarrior 08/03/16 11:11:23 AM
#121068   CAUTION--Dark co.> WARNING> History of SCAM. getmoreshares 07/30/16 07:48:01 PM
#121067   No party this weekend for SS --Too BAD--will getmoreshares 07/30/16 05:21:30 PM
#121066   SS must be taking the weekend off-staying at getmoreshares 07/29/16 07:26:43 PM
#121065   By stealing all the money Stock8049 07/28/16 07:21:39 PM
#121064   Almost DILUTION day--Friday--LOL getmoreshares 07/28/16 05:17:41 PM
#121063   SS has an excuse for everything--but IMO -the getmoreshares 07/27/16 11:17:47 AM
#121062   ***How can a TV Network report ZERO REVENUE*** Milesblue42 07/27/16 11:04:51 AM
#121061   Is Steven M Samblis attempting MicroCap Securities FRAUD? Milesblue42 07/27/16 11:01:50 AM
#121060   ***Will Steven M Samblis REFUND IMTV Shareholders?*** Milesblue42 07/26/16 12:34:09 PM
#121059   Will we see vol Monday--BET NOT--hangover day. getmoreshares 07/24/16 07:01:21 PM
#121058   Guessing that Scambliss is still involved here is love your neighbor 07/24/16 12:58:29 PM
#121056   I have never heard of such moronic statements maynerd 07/24/16 12:26:12 PM
#121055   LMFAO... Keep guessing, because guessing is fun... maynerd 07/24/16 12:25:17 PM
#121054   Sounds good. I just got in about .0792 love your neighbor 07/22/16 07:07:45 PM
#121053   .0009 now- developments next month--should be a winner! getmoreshares 07/22/16 06:57:39 PM
#121052   Good luck with all - I played bets love your neighbor 07/22/16 06:56:13 PM
#121051   Me too--best to only concentrate on a couple getmoreshares 07/22/16 06:54:18 PM
#121050   I am in a buch of stocks. My love your neighbor 07/22/16 06:51:45 PM
#121049   IF there REALLY is a "NEW CEO"-not just getmoreshares 07/22/16 06:47:26 PM
#121048   If warren wants to follow my .0001 subpenny love your neighbor 07/22/16 06:22:16 PM
#121047   Even though I'm happy the most I can love your neighbor 07/22/16 06:12:25 PM
#121046   Lol. I like the guessing. Guessing is fun: love your neighbor 07/22/16 06:08:53 PM
#121045   FYI Who knew? Could it be true getmoreshares 07/22/16 05:17:23 PM
#121044   looks like IKE got $500 PARTY money for getmoreshares 07/22/16 04:49:29 PM
#121043   Indeed,,,Proven Scam,,,Proven Con Artist B402 07/22/16 10:39:25 AM
#121042   I'm ok with losing 100%. And on every love your neighbor 07/20/16 10:08:24 PM
#121041   I don't think any real investor would take thelionwarrior 07/20/16 09:56:02 PM
#121040   guessing I'm mr. Scamblis. Yes guessing is fun LOL love your neighbor 07/20/16 05:28:26 PM
#121039   Is guessing that good ol Steve Scambliss is love your neighbor 07/20/16 05:27:30 PM
#121038   did stevee get the boot?? he has not getmoreshares 07/20/16 05:20:36 PM
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