Imagination TV Inc. (IMTV)

[Milesblue42]

Steven Samblis diluted 576,945,037 shares-in-less-than-169-Days


Steven Samblis did a Reverse Split on March 27th 2014.

http://www.otcmarkets.com/stock/PNCH/profile

Capital Change=shs decreased by 1 for 100 split. Ex-date=03/27/2014.

Shares Outstanding 28,146,281 a/o Mar 27, 2014

The number of Outstanding PNCH shares Steve reported to the SEC on September 12th 2014

The number of shares of the issuer’s common stock, par value $.00001 per share, outstanding as of September 12, 2014 is 605,091,318. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10203361

In less than 169 Days 576,945,037 PNCH Shares were issued

The fact that there is no revenue may be due to factors beyond his control.

IMO, this doesn't make any sense especially when this CEO stated there is a Revenue split agreement with Filmon. Samblis has two channels on Filmon. http://www.filmon.com/channel/vu-network

http://www.filmon.com/tvguide/hollywood-fast-lane. These Channels have been running for over a year now. How is there Zero dollars of Revenue being reported. Is the CEO funneling company revenue to his personal accounts and not reporting this revenue to the CEO? Let's breakdown the 576,945,037 shares diluted timeline even further....

14,601,600 seconds
243,360 minutes
4056 hours
169 days
24 weeks....so while Steven Samblis was issuing PNCH shares at an IMO Mad Rate he didn't generate not even $4.70 worth of revenue?


http://myimaginationtv.com/steven-samblis.

http://www.zazzle.com/imagine_tv_bumper_stickers-128806649181395594 Steven Samblis didn't even sell one Bumper Sticker? .....cost $4.70


PNCH closed at .0002 on 9/17/2014. Does Steven Samblis think that not generating Revenue is Funny? Does he get a kick out of not filing a lot of Material Event 8K with the SEC? Is Steven Samblis a Con Artist? At this point what Value does he or is bringing to PNCH and shareholders? Is Steven Samblis simply a Stock Promoter pretending to be a CEO? I have tried to given Samblis the benefit of the doubt, Now I am taking it back :(