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Imagination TV Inc. (IMTV)

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Last Post: 4/24/2015 12:09:36 PM - Followers: 496 - Board type: Free - Posts Today: 0

Attention board moderators:


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
PostSubject
#118161  Sticky Note "Posting press from 2 and 3 years ago hhi3 02/16/15 03:06:44 PM
#118146  Sticky Note STEVESAMBLIS.COM and ASHER ENTERPRISES,,,,Must Reads B402 02/16/15 12:23:48 AM
#118094  Sticky Note IMTV has now done 4 reverse splits in buyinit 02/14/15 07:27:12 AM
#117566  Sticky Note ***Did Steve Samblis-destroy-ClearChannel-radio-interview-evidence?*** Milesblue42 11/17/14 05:41:58 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
#118383   30+ Million shares won't move this? WOW Milesblue42 04/24/15 12:09:36 PM
#118382   Lol... Ol Steve blowin em out today before Charlie48 04/24/15 11:07:22 AM
#118381   is SS still free? Did the SEC finally getmoreshares 04/23/15 07:32:39 PM
#118380   IMO they are on his trail-KARMA. this scam getmoreshares 04/20/15 06:04:11 PM
#118379   There is a very good excuse for producing hhi3 04/20/15 08:55:56 AM
#118378   Nice mug. LOL. beefeater 04/17/15 06:44:27 PM
#118377   No Revs, I'm Shocked :-D B402 04/16/15 08:33:49 PM
#118376   Was only a matter of time. Steve buyinit 04/16/15 06:29:19 PM
#118375   LLLLLLOOOOOOLLLLLLLLLLL KARMA!!! getmoreshares 04/16/15 06:25:18 PM
#118374   If you visit his websites they are covered graydave 04/16/15 12:55:54 PM
#118373   ZERO Excuses for Steve Samblis to report ZERO-REVENUE Milesblue42 04/16/15 12:47:33 PM
#118372   Nice 10K meadow2009 04/15/15 08:50:59 PM
#118371   Steve SCAMblis. PLUTUS 04/13/15 07:41:48 PM
#118370   FYI-some DD:Hello Folks… today we take a look getmoreshares 04/10/15 01:40:25 PM
#118369   Chances are very high for another RS. buyinit 04/09/15 11:18:49 AM
#118368   Past performance is always the best predictor for graydave 04/09/15 11:00:27 AM
#118367   On 10/22/14 did R/S from PNCH to IMTV, ed7777777 04/09/15 10:06:54 AM
#118366   Anyone even thinking of buying this POS should getmoreshares 04/08/15 07:15:31 PM
#118365   Volume: 1,200,000 @ 10:00:58 AM ET http://www.electroflashmedia.com/ ed7777777 04/08/15 11:56:37 AM
#118364   IMTV sucks balls. The CEO is a ripoff maynerd 04/08/15 10:21:47 AM
#118363   Newbies - do not buy into this graydave 04/08/15 10:17:45 AM
#118356   Sounds good. DDHOUND 04/08/15 09:49:49 AM
#118355   LMAO... News of what? More scams and ripoffs? maynerd 04/08/15 09:48:49 AM
#118354   Agreed--just remember--you might need to sell your shares getmoreshares 04/07/15 04:01:39 PM
#118352   GL--just wanted to be sure you knew what getmoreshares 04/07/15 03:57:27 PM
#118351   Its all good. Have to know the timing DDHOUND 04/07/15 03:55:35 PM
#118350   100% scam--not saying you cannot make some $$-BUT getmoreshares 04/07/15 03:54:14 PM
#118349   Nice bounce off .0002 . News coming from DDHOUND 04/07/15 03:51:45 PM
#118348   Uh oh .0005-purchases-now-worth .0003? Dilution? Milesblue42 04/02/15 10:00:35 AM
#118347   Is PPS hurting dilution coming today? Milesblue42 04/02/15 08:45:59 AM
#118346   my post reverse split account with this breakout graydave 04/01/15 02:27:02 PM
#118345   Look. A new promotor! Too funny. graydave 04/01/15 01:33:41 PM
#118344   BREAKING OUT L_Rab 04/01/15 01:29:42 PM
#118343   Steve Samblis's 4th Reverse Split was 163 days ago Milesblue42 04/01/15 12:42:09 PM
#118342   We have revenue!!!!! getmoreshares 04/01/15 11:24:04 AM
#118341   Steve's printing makes Zimbabwe currency look strong. tradewin 04/01/15 11:17:58 AM
#118340   The Steve Scamblis way... fake company, real dumping, tradewin 04/01/15 11:03:16 AM
#118339   1's are here. RS close behind? Steve, where is graydave 03/31/15 10:23:02 PM
#118338   LOL--Hows the dilution going--who is winning Asher or SS. getmoreshares 03/31/15 07:35:58 PM
#118337   3/31/2015-A.M hours - IMTV NOTIFICATION OF LATE-SEC-FILING Milesblue42 03/31/15 06:52:36 AM
#118336   Steve Samblis, where is the $192,000 per airport money? Milesblue42 03/31/15 06:37:35 AM
#118335   IMTVD COMING SOON. ICPAD PNCHD SCAMBLIS LOLZZZ PLUTUS 03/30/15 10:16:06 PM
#118326   Well you dont buy pennies because they are DDHOUND 03/30/15 04:50:33 PM
#118325   Timing is everything. Brad S 03/30/15 04:48:11 PM
#118322   Can you say no bid and R/S ronaldo1149 03/30/15 04:22:53 PM
#118321   It will be .0001 soon enough with Steve's graydave 03/30/15 04:01:07 PM
#118320   Looks like peeps that bought the 5s and maynerd 03/30/15 02:51:36 PM
#118319   IMO Steve's March Madness..Final.0004's...Nope lol Milesblue42 03/30/15 02:26:50 PM
#118318   Will increased volume bring back DA .0003's? :( Milesblue42 03/30/15 10:39:07 AM
#118317   Why is CEO Steve Samblis selling shares right-now?? Milesblue42 03/30/15 10:28:02 AM
PostSubject