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We are growing dramatically and will continue to do so both from and assets standpoint and revenue standpoint.
Operating expenses are not really that high. It is book keeping. If you remove the way we have to book the Punch purchase and outstanding debt you have a figure which was not actually anything more then a book entry and not a cost of doing business hat we had to pay out in cash.
I'm here for a few more if anyone has questions I can answer.
It is right in the Q. Everything is there.
Again shares where not dumped. Please read my response to you.
Share where used to purchase Punch TV which increased our assets by 10 times. We used an increase of around 10% to increase assets by 10 times. The other shares went to officers in place of cash compensation. These shares held by insiders both from the Punch acquisition and to officers are restricted by rule 144 and can not be sold for a year after that. When sold only 1% of the outstanding can be sold per quarter.
Of course. As we move forward we may still need outside funding. The cost of funds are directly related to how close your outstanding is to your authorized. By increasing the authorized we have expanded that cushion and put us in a position to obtain funds much cheaper then if we where close to our authorized.
PETER MESSINEO our CFO is a PCAOB CPA as well as our CFO. Peter does the audits for 35 other public companies. Peter is merging his audit firm with the audit firm of Drake & Klein CPAs. Drake & Klein CPAs are our auditors. because of this Peter can not be our Auditor and our CFO so unfortunately after 5 years as my CFO he will now be on the other side doing our audits.
Allow me to answer that.... Book value increased by 10 times and revenues by 7 times. It cost us shares to do that. Percentage wise the gains where well above the cost.
Correct, Those are the real numbers. I think its a great leap in the first 3 months since we acquired Punch TV and before the fall season or the CC airport network has kicked in.
The Q is out on it you can see $2,968,667 in assets verses $263,796
Revenues of $50,456 vs $7,529 the previous quarter.
There is of course a loss showing of (6,870,457) but this is not an actual loss. It is a result of book keeping and off setting shares issued for acquisitions.
What is world does that mean that I don't have eyes a mouth or arms? Clearly the most bizarre post I have ever read.
We work with two law firms.
Identify the pump campaign and what numbers have we ever issued that where grossly inflated. You made a statement so I guess you have proof of what you are saying.
I am taking he final look at it and will file shortly.
Stock has increased by 8 time since Jan of this year.
Jan 06-2012 Price .001
Price today .0075
If you invested $10,000.00 on Jan 6th. Today that 10k would be worth $75,000.00
That is the plan. Plus the Hollywood Fast Lane will include weekly Punch segment.
In the world of new media we should use many different outlets to talk with people. when somebody posts that our Q will be terrible and they are have not seen it, it is my responsibility to call that fact out.
You are correct so nobody can offer advice about what the Q will look like other then me.
You entire post is of course wrong. Everything you put in this post is untrue.
Many people would like to know my studio contacts because it is next to impossible to get to where we are with them. There are maybe 25 people in the world that are invited to attend these interviews. It's the reason PRN and CC do business with us because of the access I have that few other people have.
That is a silly request. I would never give a Crim the names of our studio contacts.
Not if I forgive the debt or agree to take stock instead of a cash payment.
All of the ones we work with pay all the expenses. I'm going to New York the 5-7th and all expenses are paid for.
Yes, when I visit hotels and spas and write about them they pay all expenses. The same for restaurants that pay for our dinners when we travel and write about them.
Last year we spent a week in Sonoma county and filmed at 15 restaurants and stayed at the Vintners Inn. All expenses paid for.
Thank you, that was shot and edited by the SFX people at Universal Pictures. They also sent us over a BMX bike with a basket in front with ET in it. I'll post a phone on our facebook pages in a little bit.
I am pleased you feel your statement is funny in some way. The reality is your post is completely wrong about both our company and the Republican Party. If you feel you have some kind of proof that you are correct then give me facts and we can talk about it.
DynomiteJT,
I personally along with everyone at the company really appreciates your constant support!
Bfavre40,
Thank you for your constant support!
The loans are in the filing. They are clearly verifiable.
Bluz66
Yes, John, Allan and I where talking about Punch TV before the interview. Warner Bros, who is are strongest studio partner set up the Argo interviews and Universal Pictures worked with me on the ET interview and filmed the opening for us. The real players in Hollywood know who are and are watching the growth.
You can learn more here... http://www.imdb.com/name/nm4424314/
Everyone will see the Q at the same time. To answer your question... There is no way to ever explain why these people bash the company. I think some people are just happiest when they try to cause others pain. That is the only logical I can even grasp.
BTW... This post is not off topic as I as the CEO am answering a valid question.
neverfinished
You are correct. That is how it works. I will be going to New York in December to do interviews for a studio movie. They pay for the flight, room, cabs and food while there. They do this because I then talk about the movie in my TV show and online and that is how they get exposure for the movie.
Your kidding, right? Read the filings and the press releases.
4x4sman
Thank you for your support!
Your post has no basis in fact. Please prove your case how you know what will be in the Q.
'I'minthemoney'
Thank you for your support!
You are correct. I took my personal shares and sold them. I then loaned all that money to the company. So I lost my own holding to cover company expenses.
ssttffnn, Stromo, Dolly, Rebel and Colt...
Thank you all for your support and help in trying to create fair minded dialog on this board.
I have no earthly idea what you just said. Could you please clarify that statement?