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Imagination TV Inc. (IMTV)

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Last Post: 6/29/2016 6:57:18 PM - Followers: 514 - Board type: Free - Posts Today: 0
 

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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#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
#120950   Yet, the PPS-is-bouncing-between .0001-.0002....Huh? Milesblue42 06/29/16 06:57:18 PM
#120949   If there is no dilution or INSIDER SELLING--why getmoreshares 06/29/16 05:45:13 PM
#120948   Yep. NONE... IMTV Liquid1974 06/29/16 04:38:54 PM
#120947   If it's nothing then buy it? Oh... now thelionwarrior 06/29/16 03:50:50 PM
#120945   No dilutive mms on ask all retail so stock1ace1 06/29/16 03:35:28 PM
#120944   Haha theres 26 mill left @.0002 learn to stock1ace1 06/29/16 03:33:29 PM
#120943   100 mill shares is nothing lol and yes stock1ace1 06/29/16 03:32:36 PM
#120942   Guess What? 100+Million shares later...No Increase Milesblue42 06/29/16 01:56:01 PM
#120941   Is Steven M Samblis afraid to answer Questions here? Milesblue42 06/29/16 01:46:17 PM
#120940   Only $5200 worth @.0002 ... IMTV Liquid1974 06/29/16 01:31:41 PM
#120939   The .0002s are here for a long time. maynerd 06/29/16 01:30:39 PM
#120938   Lol. The other day it was only 18 thelionwarrior 06/29/16 01:28:12 PM
#120937   Only 26 Mill left @.0002 stock1ace1 06/29/16 01:17:31 PM
#120936   ImTV** New Ceo @.0002 On Watch stock1ace1 06/29/16 01:12:05 PM
#120935   Looking forward to what scam they are trying thelionwarrior 06/29/16 12:20:38 PM
#120934   Same here love your neighbor 06/29/16 11:59:20 AM
#120933   Looking forward to seeing what updates IMTV new's PENNYMACHINE 06/29/16 11:55:57 AM
#120932   Guessing about what will happen in the future love your neighbor 06/29/16 11:51:36 AM
#120931   Facts are more fun. Facts show both people thelionwarrior 06/29/16 11:48:27 AM
#120930   Guessing is fun. My guess is the new love your neighbor 06/29/16 11:45:27 AM
#120929   Two scam artists running the show. Only one thelionwarrior 06/29/16 11:40:15 AM
#120928   CEO's always call the shots. Let's see how love your neighbor 06/29/16 11:38:31 AM
#120927   Just providing information backed up by facts! So thelionwarrior 06/29/16 11:11:37 AM
#120926   Seeet some 1s keep bashing cheapies :) stock1ace1 06/29/16 11:02:15 AM
#120925   Reread the 8k and Joe's job description. He thelionwarrior 06/29/16 10:43:56 AM
#120924   Agreed... IMTV Liquid1974 06/29/16 09:40:55 AM
#120923   Chart looking good stock1ace1 06/29/16 08:57:57 AM
#120922   Cant wait :) stock1ace1 06/29/16 08:57:41 AM
#120921   The info in the email is just as love your neighbor 06/29/16 08:56:22 AM
#120920   I like this other one better LMAO: ronaldo1149 06/29/16 08:52:22 AM
#120919   An email from a Non Reporting CEO? Ha Ha Milesblue42 06/29/16 08:44:28 AM
#120918   Being an IR and being a CEO are love your neighbor 06/29/16 08:44:02 AM
#120917   Yep. Let's see how this plays out $IMTV love your neighbor 06/29/16 08:40:36 AM
#120916   This is gong to be profitable, "Real shareholder Liquid1974 06/29/16 08:39:08 AM
#120915   RED-FLAG?-New-CEO-Joe-Sirianni's-Involvement-with Golden-Age-Resources-Inc? Milesblue42 06/29/16 08:30:21 AM
#120914   If I understand things correctly - the new love your neighbor 06/29/16 07:54:21 AM
#120913   Per joe's email - my guess is he love your neighbor 06/29/16 07:52:25 AM
#120911   http://whois.domaintools.com/myimaginationtv.com Registrant Org Steven Samblis tim0ny0 06/29/16 03:28:50 AM
#120910   KHudson, Steven-M-Samblis owns MyImaginationTv.com-url? WOW Milesblue42 06/29/16 12:29:58 AM
#120909   Does Joe S Sirianni own MyImaginationTV? Milesblue42 06/29/16 12:06:06 AM
#120908   Clearly he still owns the website. Why KHudson 06/29/16 12:02:17 AM
#120907   Which one of us do you think is Steve? KHudson 06/29/16 12:01:17 AM
#120906   Yeah you can easily tell who he is. thelionwarrior 06/28/16 10:34:04 PM
#120905   No. Joe is is own person. Previously he love your neighbor 06/28/16 09:58:19 PM
#120904   I'm pretty sure Scambliss still owns that website. love your neighbor 06/28/16 09:51:52 PM
#120903   **Is Steven-M-Samblis using the Alias Joe-S-Sirianni?** Milesblue42 06/28/16 09:50:42 PM
#120902   Does Steven M Samblis still own MyimaginationTV? Milesblue42 06/28/16 09:27:13 PM
#120901   LOL. That is like expecting Bush to go love your neighbor 06/28/16 09:10:26 PM
#120900   Steven Samblis afraid to answer Questions here? Milesblue42 06/28/16 09:07:42 PM
#120899   Per the new CEO yesterday: love your neighbor 06/28/16 08:14:38 PM
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