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When I think of the name Steve Samblis I think of Bernie Madoff. Figure out a way to entice people to give him their money, a series of lies to try to get them to spend more.
Eventually the whole thing crashes. I hope his Hollywood buddies are getting wind of exactly who he is and what he's done.
The best thing to happen to ole Joe was to get away from Steve. Wish I would have.
This doesn't become a real investment till the chill is lifted, the company becomes current, AND revenue is produced.
You can pump all you want ; and I agree there is potential, but not till those 3 things happen.
I actually emailed him and below is what I got back. I've emailed him several times the past month or so. He has even replied a few times. Once he yelled at me for pointing out the facts.
He is absolutely clueless. Nothing is his fault and I really think he believes we are all a bunch of complainers and lowlifes.
I just got an email from a close friend. They are stranded in Dubai and need money after getting mugged!!! ICPA/PNCH/IMAG is pretty much the same thing. Scam/hacker, whats the difference.
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"We are on set and unavailable till the October 25th to return your email.
In the mean time please check out our new shows at www.myImaginationtv.com . We have added some great new shows including the premier episode of Uncommon Denominator.
We have also launched our new shopping cart with ebooks, audios and videos to accompany our show."
"IC Places is a trans-media entertainment complex that produces entertainment for distribution across multiple mediums. This foot print includes online partnerships with FilmOn.com and terrestrial partnerships which delivers its content to Checkout TV Network, HDTV Network, Dining Network and 7-11 TV."
"Through multiple long-term partnerships, clips and full episodes of the company's shows are available to people outside the traditional set top box. This exposure serves as both a profit center and marketing component promoting the company's TV Networks, its line up and the company's new media specific programming across multiple platforms."
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And to think I have 300 shares of this trans-media complex. Show me one other company that has "terrestrial" partnerships. Isn't that turtles and so forth? Not to mention all the long-term partnerships and profit centers.
I'm seeing a share price of somewhere in the $150.00 range.
That will get me back to even.
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This will be back in trips before the dust settles from the latest RS.
I had 9,000,000, rs to 90,000, rs to 300, now worth $4.50.
He has earned everything that has been said about him. I hope any people he works with become aware of what he has done.
If there was ever a buyer beware this is it.
Classic rinse and repeat. He weeded all of us out and is now working on the next generation.
Lets see where have I heard before that there won't be an RS in pennyville? Usually it follows months of denial.
When the share price gets to $50.00 I'll support him too.
In my lifetime there have been several people I wish I'd never heard of, he is on that list.
This whole thing has become a joke. Reverse splits, name changes..... Give him credit though, he has figured out a way.....
I hope he gets stopped and held accountable.
He has earned it.
I'm sure there are other CEOs of these companies who may have done worse, but there can't be many. He is pretty much in a class by himself.
As far as the name change; you can call a pig a princess if you want to but it's still a pig.
Would this go down as the worst investment of all time? I think it's in the running.
Nope, never heard of them.
What I really meant to say is there will never be a DGRI product sold in Walmart. I hope I'm wrong and I will apologize to you if it happens.
My guess is that companies like Johnson and Johnson and others like them are hard at it developing these products to add to their long list of products currently sold at Walmart.
Products in Walmart and/or contracts with Chinese companies, lets see where have I heard that before in penny land?
Walmart comment.
I worked for a company that had a product we thought would be perfect for Cosco. It was an educational product doing about 3M in the school market and we had a home version. We had a great "in" to get the product in front of the right people in their office in Washington state.. We went to their stores, looked at their other educational stuff and thought we had a perfect fit.
Our "in" actually got the right people to look at it. The first thing they said was that the price point was too high and this is what it would be on their shelves for and this is about what we could give you for it. We would have had to sell a gazillion units to make it worthwhile. AND it might have killed our school business.
Getting a brand new product into Walmart? Good luck with that. Maybe not impossible but about as tough a business "thing" as you can get.
Everytime I hear a penny company say they are getting into Walmart I just laugh..
PR sounded great, the concussion issue has been all over sports news lately. The other PRs sounded real good too. The company information above sounds tremendous. MMJ is also all over the news.
Yet here we sit at 0003.
It seems to me till he gets the chill lifted and becomes current we sit at this level no matter what comes out.
Self improvement pioneer! Now that made me laugh, not smile, LAUGH.
Me too, lmao. Filmon has produced no revenues for PNCH, why would it change now? Maybe he needs 5 shows to see a profit.
We've all seen that before. CEO says no RS, CEO says there is no reason to do an RS, CEO says quit asking we are not doing an RS! Then CEO says all options are on the table. CEO then destroys all long term shareholders with an RS and starts the process again. Oh and usually any increase in the sp is wiped out in months.
Will history repeat itself here?? Or will he get current and get the chill lifted and have one of his PRs come true??
The last one like this one I was in went to .058 before it crashed back to earth. As I'm sure you know the trick is take profits at the right time and don't get too greedy.
BTW my "expectation" is this is nothing different than the vast majority of pennys. I just think maybe it can make a run if a few things happen.
I'm as skeptical about DGRI as anyone, and I've lost money since getting into this. But I'm going to give it a few more months to see if he gets current and has the chill lifted. IMO thats the first step.
When and if that happens then we'll see about all these other "irons in the fire" he seems to have going.
Absolute failure running a public company, if that was ever the intent in the first place.
Huge success at luring people into believing this was a real company, if it ever really was in the first place.
When the rs hit I figured the sp would tank, surprised it took this long.
Whatever revenue his endeavors produced must have went somewhere else. Not to ic places.
If anything in the above company information was true we wouldn't be sitting 2 ticks from the bottom.The investment community is speaking loud and clear what it thinks.
So far this has been a typical penny stock, smoke and mirrors to sell shares. I'll be shocked if it changes.
There were probably other CEOs that produced no revenue and lost shareholders tens of thousands of dollars. So that would make him at best tied for the worst performing CEOs in history.
Somebody put in some work on that website. I know anybody can have a website but this looks pretty good. Lets hope future Qs look as good.
Lift the chill, get current, show revenue..... easy as 1-2-3. The PRs have only proven investors don't believe them.
Of course penny stock CEOs never lie, are you kidding me?
Yeah I've heard that before in pennyland, out of the question becomes "nothing is off the table" then wham long term investors get screwed.
I learned Rule Number 1 the hard way, don't get greedy take profits.
WalMart, I hope so. But as with anything in penny-land I'll believe it when I see it on the shelves of our local WalMart. AND I'll believe it when I see revenues from it on a Q.
Exactly right.
When the chill and becoming current are dealt with; AND revenue is reported in a Q then we may have something. Everything else is just background noise.
They're doing this, they're doing that, pr's, news coming..... whatever.
To put my "investment" in this "company" in perspective, its now worth $18, subtract a trading fee and its worth a ham and cheese omelet at my local breakfast place. Couldn't order coffee, just an omelet.
What we can see at this point are the reverse splits and the share price, who knows what he has done that we can't see.
And- he has taken no responsibility for any of it. Isn"t a CEO responsible for everything that happens to their company, good and bad?
Should have gotten out at .05, this may not get back to 0005 unless there is another split. Pretty sad the only way to raise the share price is to reverse split..
I hope you are right and some things start to happen.
Glad its doing great for you, Im 47% down.
Until he's current and the chill is lifted and something in the way of revenues starts to happen I see this going sideways to down.
It does sound good. However, in my experience in the penny stock world "joint venture" "partnership" "envisions" "contract".... has cost me a lot of money.
I hope for our sakes this is what it appears to be.
Do you work for Punch TV?
Fat lady sang a couple years ago. They talked big contracts and planes; nothing happened. Sounds like a good story but that's exactly what it was and is, a story. Maybe you can flip it once in awhile but nothing more.
I'm having less and less confidence in DGRI. Trying to be patient.......
Sadly this is the same story for most of the "companies" down here. Well said.
Who would those experts be?
I was just looking back at a couple of these that I lost money on. Got out of this about 6 months ago, looks like nothings changed.
Talked a good story.......
From what I've read the past month; unless its all a bogus pipe dream, DGRI appears to be on the right track. Do you think the stuff that has been PR'd has a chance of happening?
I always try to remember this the land of broken dreams and failed plans.
A very small % of these companies actually make it, is DGRI one of the very few?????
Great post. I'm a classic example. Broke the "penny stock rule" 2 years ago and got greedy. It cost me a tremendous amount of money, I'm talking paying bills, cars, house remodel money. STUPID!
What I learned you explained very well.
Rule #1. This is Vegas, always- 100% of the time- get your money back, play on their money.
Rule #2. Take some profits occasionally, pay a bill, reinvest.....
And as far as I'm concerned the king of all rules if you're ever not sure: "Bird in the hand....."
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From what I've read DGRI seems to be headed the right direction, IF what they are working produces revenues. If half of what has been pr'd comes half true, this could go somewhere.