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These numbers don't compute; 60M shares, $7M in revenue, .017 share price. Something is wrong somewhere.
Is DGRI the penny company that "makes it"??? IF they are doing what they say they are doing and IF those things work out......
There is certainly potential
Im 99.99% sure his ventures have produced revenues. Where those revenues have gone is the question.
Here is a reply I got after emailing him. I asked him where revenue was coming from for the new network. Notice #4. There were 5 months of revenue that should have shown up on the last Q.
--------------------------------
Steven Samblis <sambliss@icplaces.com>
Jun 24 (1 day ago)
to me
1) Commercials on the network
2) Sales of audio, videos and eBooks on www.MyImagineTV.com as driven from the network.
3) Booking speakers that appear on the network for training and speaking engagements.
4) Ads on FilmOn
5) Product placement fees within shows
Steven Samblis
CEO / Chairman of the Board
IC Places, Inc.
3915 San Fernando Rd.
Glendale, California 91204
323-362-2428
Email: sambliss@icplaces.com
Web: www.icPlaces.com
"IC Places... See your world in a new way"
All contents, images, & text © 2012 IC Places Inc, Orlando Florida USA. ALL RIGHTS RESERVED.
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Just saw where Aereo lost. It really makes no difference to VU cause Filmon produces no revenues for shareholders. I guess a non-story for PNCH.
Absolutely the best advice for penny stocks. I learned that the hard way. No matter what is said, promised, or pr; this is a penny stock. How many of these companies actually make it out of the pennys? About as many as make it to pro ball from HS.
"Don't fall in love with a penny stock."
Thats a long way from 0009.
I've been gone for 2 weeks, I see nothing has changed, just a different name.
Absolutely the worst, not even a close second.
News and results are 2 completely different things.
"Is Hollywood Fast Lane another failed project?"
Every single thing he has touched is a failed project., at least for his shareholders. The only thing he has succeeded at is selling shares. 1st class scam.
How about all those celebrity interviews? They produced no revenue?
Its a proven fact (many times over) that he has lied to shareholders; now I think we can add "cheat" to the list.
Whole thing is a "crock". What makes anyone think he can make a dime? He is o fer in revenue production and undefeated in lying to shareholders.
It all sounds good, but I've seen too many times "company expects to generate revenue", company expects some movement in this matter", some kinds of new hires and contracts/deals, dates where something will be "launched"; and other statements about what is coming.
IMO I'll know if I have an investment or not when revenues are reported for at least 2 quarters and the SS stays reasonable. Is this real or just another penny short term flip?
Revenues are what matters, the rest is just noise. Seen it too many times.
---------------
Having said that, DGRI certainly has potential.
None of this means anything to Samblis. He could care less.
Maybe he finally realizes nobody believes a word he says.
He's had plenty of chances to prove us wrong, and he hasn't so far. I continue to hold shares only because I'm so far down whats another couple hundred....
1st class scam.
Of all the crap that has come out I think your question: "Uh so where did the ClearChannel funds go?" is the biggest issue we need answers to.
All the shows he claims; Hollywood Fast Lane, and the rest of them HAD to produce some revenues somewhere along the line. He has reported 5 straight quarters of $0 revenues.
It sure seems like he has set up ICPA as the funding source for his other ventures and the revenue is going someplace else.
The share structure is what it is, same with the RS, same with all the other things that have been talked about.
Where has the revenue gone?
This has been one giant scam.
IMO, the whole Clear Vision /airport thing was one giant scam for ICPA shareholders. Any communication that came from him came for one reason only, to entice people to buy shares.
I don't believe there was ever any intension of it being financially beneficial to ICPA shareholders,
He sucked a lot of people in.
Sinking like a rock, with good reason.
Now this is what I was hoping for!
"To me, their actions don't appear to be those of anyone short-sited, but rather of those trying to build a viable longer term business that has real value.
Since this is the last day of school around here I'll give him his report card.
Generate money for himself= A+
Spelling and grammar= D
Generate revenue for shareholder value= F
Being truthful to shareholders= F
Communicating with shareholders= F
All business decisions in past two years= F
Gets along well with others= F
I think thats a 0.57 GPA.
The record breaking day was when the last Q was released showing 0 revenues for 5 straight quarters.
I wonder if 3 reverse splits breaks some kind of record?
The only people that "might" make some money are brand new investors that flip the stock.
IC Places is as far from a real investment as you can get.
Thats great, .05 by Friday. WOW! That gets me up to 67,500 lost in this share selling scam run by a pathetic CEO.
Recently got into this. What a hot sector to be in. I think this has as much or more potential to "make it" than any penny stock company I've seen in awhile. Seems like every day there is something in the paper from somewhere in the country about this sector.
It certainly remains to be seen if these PR's pan out, after all this is a sub penny play, but if they do this could leave pennyland in the dust.
GO DGRI !!
I'm going to try to help with some facts.
Fact #1 Three reverse splits.
Fact #2 Zero revenue for 5 straight quarters.
Fact #3 My 9M shares became 90K shares.
Any comment?
Here's what I don't understand: How can a company stay in business if they produce 0 revenue for 5 straight quarters?
Where is the revenue from 2+ years of the CV contract?
Where are the 5 months in ad revenue from Filmon?
Where is the revenue from the website ads?
Rumor that isn't false: 0 revenue for over a year and sp far under a penny AFTER an RS.
Prove those statements are wrong.
Be extremely careful with your money. I said the exact same thing you just did 2 years ago and here I sit with next to nothing left.
If anybody thinks this is an "investment" they are sadly mistaken. This is a short term flippers stock, exactly the same as video poker.
I guess it really doesn't matter if the shows are good or bad, right Steve?
Samblis is making TV history! (as far as I'm concerned) Just wasted 2 minutes watching what I think was Static on Filmon, although you can't be sure because there are no show descriptions.
It might possibly have been the worst TV I've ever seen. It is embarrassing to think I own stock in the company that made that show.
Good luck to you 2. The reason I "don't have any shares to enjoy the ride with" is because of the RS, which Steve said many times he wasn't going to do, which is one reason I continued to buy.
You might make some money with this but don't ever forget this is a penny stock with a penny stock CEO who hasn't produced any revenue for a long time. Steve has turned this into a strictly short term hold, flippers stock. Its as far from a real investment and real company as you can get
I need .81. That's several reverse splits away.
I'll tell you what I say to me; I'm an idiot for trusting him. I should have gotten out when I made money and treated this for what it is: strictly a short term play and flipper stock.
This is as far from a real investment in a real company as you can get. I do want to thank Steve though for educating me as to what is real and what isn't.
Sure, the people that recently bought and flipped made money. How about people like me, my 72k is worth $350.
What do you have to say to me?
I've been in this over 2 years and the CEO has lied over and over. Not sure where you are getting your information.
No revenue from CV or Filmon. This is a giant scam.
dotd; you're making it toooooo obvious.
The post you refer to makes a great deal of sense. You have been getting bad information, do some DD.
Not sure where you are getting your information but you are dead wrong. The company has stated there would be revenue after 5 airports. Pretty plain and simple statement.
Many people taken in by this obvious scam. No revenue in 2 years=BK. Is that next?