Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Highest weekly volume in 6 months (Aug 2012). This was a good week for PNCH!!! Get ready for another run that will double last year's nickle breakout.
tripps are on the way? Like tripps to Hawaii, tripps to Europe, tripps in my Bentley, shorty be tripping...
PNCH going to tripps! Good call ;)
Massive volume today! 33 mil!!! Everything is setting up nicely.
Extremely undervalued & chart starting new trend. All those watchful eyes getting ready to jump back in. I say we make new highs well before the 10-K.
At least someone is hoping so. Huge wash trades trying to gin up some panic. The kidos left this stock long ago, sorry fellas no one left but buyers.
Don't sell into the BS, hold for much higher ground. Games are coming to an end.
SNDY is looking strong! Hanging above the 200DMA...watch it run!
What about it, not sure what point you're trying to make.
PNCH = TV network only 7 moths old...my, my!!
A native Angeleno, Joseph Collins grew up with a fascination of television. After high school, Joseph Collins landed an internship with WVTV in Milwaukee, Wisconsin . His flare and contagious personality helped him grow from an intern to working as the youngest news anchor to report the business news. During his 30 years in television production and programming, Joseph has accumulated a long list of accomplishments. Along with the production of over 1000 TV commercials to his credit, Mr. Collins has received recognitions for his vision. Specifically, Mr. Collins was presented with the 1996 Entrepreneur of the Year Award by Senator Diane Feinstein , Senator Fred Aguilar , and Senator Barbara Boxer . Additionally, he has received accolades from City Council members. His rich entrepreneurial spirit and accomplishments led to the creation of Punch TV. Punch TV Network is a 24/7 network with 70% original programming. In addition to linking consumers with never-before-seen advertising, Joseph Collins has implemented commercial-free advertising – an opportunity for companies to bypass the oversaturation associated with television advertising by incorporating information about a company's product into the storyline of Punch's scripted shows. Another innovation brought to the world of television by Joseph Collins is the production of novel versions of its TV shows. These novels provide an opportunity for companies to insert print ads into these pages. This represents an update on magazine and newspaper advertising. Joseph Collins also created an in-house ad agency so that advertisers can avoid the losses that accompany repetitive ads. Punch TV also has a music division that produces original music of all genres. It is less than surprising that Joseph Collins has utilized the theme, Are you thirsty yet? for Punch TV Network.
All that talk ain't gonna change a thing. Too many eyes on this for way too long now. Everyday those on the bid are picking up loose shares. Just a matter of time ;)
I don't know man, shorty got no game. Average volume is 5.25 mil. PNCH is extremely undervalued. Due for a correction and going to start an ascending channel. Won't need more than average volume trading days to start climbing!
It was a good close, we're pushing against resistance @ .003. We may break this channel yet.
Really? I'm pointing out that the majority of affiliates didn't start until Dec 2012. They won't be reported until the 1st Q of 2013. I guess people can make something else of it if they wish.
Punch TV Stuns the Industry with its Phenomenal Growth of 2,500% In a Year
5:48p ET November 20, 2012 (PR NewsWire)
It was only 13 months ago that Punch/IC Places OTCQB: ICPA became an official part of the world of television broadcasting. Providing 24 hour 7 days a week, entertainment, Punch TV immediately distinguished itself thru its extraordinary programming strategy although an infant network, Punch TV like the giants in the television industry, entered the market with 70% original programming. But, Punch TV also defines its position in the market in another way. Recognizing the shifted demography in the country, Punch TV targeted the new Urban American-Latinos, African Americans, Asians, Caucasians, and others who share a preference for edgy, non-mainstream programming.
But, within a matter of less than 13 months, Punch TV has achieved another unusual accomplishment. In October 20, 2011 Punch TV was assessable in 2 million households. As of December 2012 Punch TV will be available to 59 million households. This represents a 2,500% growth rate in slightly over more than 1 year.
Through more than 34 affiliates, as well as a contract for direct to homes broadcasting, Punch TV has now acquired affiliates in major markets. These include...
Affiliates to begin broadcasting December 2012:
Station City/State Channel Ranking * TV Homes
WYGA ATLANTA , GA 16.3 9 4,326,840**
KVAT AUSTIN, TEXAS 17.1 45 705,280
W25DW CHICAGO, ILLINOIS 25.4 3 3,484,800
KHPK DALLAS, TEXAS 28.4 5 2,588,020
K05MD DENVER, COLORADO 5.2 17 1,566,460
KNBX LAS VEGAS, NEVADA 31.4 40 718,990
KTAV LOS ANGELES, CA 35.6 2 5,613,460
KHDTV HIGH DESERT LA, CA TBA 2,000,000
W16CC MIAMI, FLORIDA 16.6 16 1,621,130
KTOU OKLAHOMA CITY, OK 21.4 41 718,770
K25WM PHOENIX, ARIZONA 25.2 13 1,812,040
KBTV SACRAMENTO, CA 8.2 20 1,387,710
KSAA SAN ANTONIO, TEXAS 40.5 36 881,050
K26DK SAN JUAN, PR 25.3 N/A 1,580,184
KUSE SEATTLE, WA 46.6 12 1,818,900
KPTN SAINT LOUIS, MO 36.4 21 2,000,000**
KTAM TAMPA, FLORIDA 30.2 14 1,806,560
Current on air Punch Affiliates:
Station City/State Channel Ranking * TV Homes
WBQP PENSACOLA, FLORIDA 12.1 60 527,930
KLNK LUFKIN, TEXAS 48.2 200,000
WBWP PALM BEACH, FLORIDA 57 38 794,310
KGMC FRESNO, CA 43.1 55 576,820
WHPR DETROIT 33 / Cable 11 1,842,650
KUTB SALT LAKE CITY, UTAH 18 33 917,370
K45IY ALEXANDRIA, LA 35 179 (Three
K31HO SHREVEPORT, LA 31 82 Combined
K45IM MONROE, LA 45 137 1,500,000***)
KCTU WICHITA, KANSAS 43.2 66 454,590
WKNI ANDALUSIA, AL 25.1 100,000
KSCE EL PASO, TEXAS 38 90 339,130
KJJN DOTHAN, AL 56.4 169 109,080
WNYN NEW YORK, NY 39.2 1 7,384,340
KMTP TOPEKA, KANSAS 21.2 136 176,160
KMCA CHICO/REDDING, CA 10 131 194,590
KACN ANCHORAGE, AK 33.3 145 156,280
KVQT HOUSTON, TX 21.5 10 2,215,650
KAOB BEAUMONT, TX 27.4 141 168,420
Satellite Direct to Home 2 5,000,000
Total TV Homes: 59,902,174
*Based on Nielsen - "Local Television Market Universe Estimates Comparisons of 2011-12 and 2012-13 Market Ranks"
** Includes Suburbs
"This milestone is a critical step in the growth of the Punch TV side of our business," said Steven Samblis, CEO of IC Places, Inc. "The tremendous effort it took to reach this milestone shows our commitment to increase revenues by tapping into National Advertisers."
About IC Places:
IC Places is a transmedia entertainment complex that produces entertainment content for distribution across multiple mediums. The company trades on the OTCQB: Symbol ICPA. ( www.icplaces.com )
On August 11th 2012, IC Places purchased Punch TV Network. Punch TV Network has a roster of original programming which includes 50 new dramas, comedies, variety shows, talk shows, children's shows, and inspirational entertainment.
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 TV Network, its line up and the company's new media specific programming across multiple platforms.
LIQUIDITY AND CAPITAL RESOURCES
The Company is currently financing its operations primarily through loans and advances from the majority shareholder. These advances are being made to supplement any cash generated by the operating revenue. We believe we can currently satisfy our cash requirements for the next twelve months with our current expected increase in revenue, and the expected capital to be raised in private placement and sales of our common stock. Additionally, we will begin to use our common stock as payment for certain obligations and secure work to be performed. Management plans to increase revenue in order to sustain operations for at least the next twelve months.
At September 30, 2012, the Company did not have adequate cash resources to meet current obligations. Management believes that financial support from the majority shareholder to pay minimal and necessary incurred expense will allow the Company to benefit from advertising revenue streams, currently in-place, to produce the anticipated cash flow necessary to support operations.
At September 30, 2012, the Company had negative working capital of approximately $753,000 as compared to negative $275,000 at December 31, 2011. Working capital as of both dates consisted entirely of cash, accounts receivable, and prepaid expenses, net of current liabilities.
At September 30, 2012 , the Company has minimal cash and tangible assets, increasing accrued liabilities, negligible revenues, and a history of operating losses. Absent an outside capital infusion, the Company will seek funding from traditional banking and other private sources. There are no assurances that any manner of securities offering (debt or equity) will be successful, and the Company’s revenues are inadequate to provide for the growth projected in this filing. We may be reliant on additional shareholder contributions, including from management, to continue operations. We are hopeful that the market awareness and financial transparency afforded through becoming a reporting company will assist us in procuring additional investment capital or loans.
As reflected in the audited financial statements, as of December 31, 2011, our auditor’s report included an explanatory paragraph concerns that raise substantial doubt about the Company’s ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company's ability to become profitable and or attain funding through additional sale of common stock or debt financing. The unaudited financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.
Employment Contracts
On November 18, 2005 the Company entered into an employment agreement with Steven Samblis to be our Chief Executive Officer. The agreement provided (1) the issuance of 350 million shares of its common stock; (2) compensation to be 15% of revenues; (3) included a provision to authorize the issuance of shares to maintain majority of control; and (4) termination of agreement on November 18, 2025. On September 23, 2011, the Company entered into an employment continuation commitment agreement with the Chief Executive Officer, who is the majority shareholder, whereby the Company’s Board of Directors declared a $250,000 amount payable for a five (5) year employment commitment. The amount has been deferred and will be ratably expensed, as compensation, over the length of the agreement.
On July 10, 2012 the Company entered into an executive employment agreement with Joseph Collins in the capacity as President and Co-Chairman of the Board of Directors. The agreement provides for compensation of $200,000 per year upon completion of capital raise of $3,000,000 and the immediate issuance of 150,000,000 common shares. Additional shares are to be issued on a progressive level upon the successful raise of capital and additional incentive issuances upon meeting certain business benchmarks.
Would be nice to close above the 50DMA again @ .003
We closed above the 50 DMA yesterday. Today -23% on 1mil dump.
Strange indeed.
How about we stop with the fairy tales & CEO envy.
Pressure starting to build again. How is it when PNCH goes up there seems to be more complaining? Still trying to put that one together.
The future is bright. We are about to reap the harvest of last year's sown seeds. I'm loaded, all I have to do is sit back and watch. The season for penny runners is upon us!
"There's no crying in baseball" sniff sniff...LMAO
Are you going to tell us what you think the company is worth? How about its potential?
Surely there's more to it than just complaining about the CEO.
I hope that stern analysis is capable of adjusting to new information. Sounds to me like a strategy based on sentiment towards the CEO not the potential for profit.
So you're looking at one factor, share price. It's no secret ICPA didn't have revs, but positioning the company to make revs is an achievement. Why would he go to all the trouble to buy Punch TV to just run a P&D. Give me a break.
Here ya go..
The o/s is a huge factor obviously. 1.14 was last reported. The increase was compensation for the purchase of Punch TV. Punch TV is now with almost 40 affiliates and according to Nielsen available to 59 mil homes. Even a fraction of a penny per home is enough $$ to take notice.
Good luck to us!!!
Either you believe this is a real company or you don't. I do and we will be basing at .03 all day long. BTW - You've got the o/s wrong. I think this should be a 30 mil $ company easy. From there we are set up to launch. Steve spent the $$ and they have done a lot with it. If ICPA (PNCH) was ever in a position to succeed it's now. When it happens it happens. I'll be waiting...
Any reasonably intelligent person will read that this PR says "will launch". Headlines are always written in a way to grab attention, regardless of tense. Isn't this advertising 101?
Headline
You were absolutely right. Shorts have played a huge role in the way this trades. They get it low enough and people start blaming it on the company. Imagine that! L2 tells all, oh the tug of war...
Yes, we do, and it's staring you in the face. Read between the lines. I find it hard to believe anyone following this company can't see where this is headed. One step at a time and one foot in front of the other.
PNCH!!!
Any one who was in this took some off the table during that run. It would be imprudent not to, even for the CEO. Unfortunately, it looks bad on the surface, but it was a small % of the outstanding not too mention he is entitled to sell per annual restriction.
PNCH is getting ready to do it again. This time we got Comcast...
+.10
All this silliness will be for not when PNCH starts running again. Two words - patience and payday. Nothing else matters and it's all right around the corner. Outspoken resentment towards this company and its owners doesn't amount to a hill of beans. "You're betting on the wrong horse".
I would call this good news. Here's a company growing at a realistic rate. Doing what they can and making progress. Like the Dukes of Hollywood. "making their way the only way they know how..."
The tide is turning with today's PR. Those on the sidelines jumping back in! Big move up right around the corner.
There's no reason for PNCH to go that low. Level 2 has support, we've based between .002 - .003 for 6 consecutive weeks (including an +85% spike)and we're already trading below book value. As long as there is no significant increase in the OS on the next report, we're going up.
Reruns...how innovative. Some of the current programing is good and some not so much. More shows like http://www.facebook.com/WoodyandCraigZombieHunters & https://www.facebook.com/12stepswebseries?fref=tsis what Punch TV needs.
Sounds like you're expecting this to go to trips? Good luck with that. Investing in penny stocks attracts investors that are aggressive by nature. Trying to caution them about a "gamble"... funny.
The progress of this company should determine where it bases. The volatility is a whole different animal. This, like all penny stocks, do things that make no sense. It's been 7 months since the last run, what short term are you referring too? We should see some push into the coming Q and if things go well we get some nice irrational exuberance.
In the long term this could absolutely make real millionaires. But it can run at anytime like penny stocks do. I was around before last spring's run over 2000%. The right piece of news, unexpected momentum or MMs turning long can get this to new highs in short order. Low share prices are something to take advantage of not complain about. I say learn the game and beat them at it.
PNCH!!!
PNCH owns a TV network broadcasting to 59 million homes verified by Nielsen. How can that be a negative? The reality is every Q's revs are built upon that last. Next step new programs coming for this year, HD and broadcasting on cable and sat. Gotta crawl before you can walk...
This company is extremely undervalued.
Selling low is a bad strategy. Patience until this hits north of .03 where this should be trading. Enduring the games is what separates the men from the boys.
PNCH will reward!!!
Everyone disliking PNCH is a key positive...
This is going higher and it's happening sooner than most think.
PNCH!