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Tell me what I'm missing,GEM
Just trying to cover some of the million dollar + reduction in assets. He forgot that they belonged to JC. Look at the last Q and read the note on assets.
Those companies are on another statement somewhere. What a thief.
He carried PUNCH assets last Q. The acct. ade a note in the statement. Samblis is a crook from the old school. The SEC needs to look at this mess.
He doesn't care.
He doesn't care.
It will be interesting to look at the assets. He carried some questionable assets back around the breakup with JC. What assets could this co. have? Some of Steve's old "work a home"videos? This guy is a gypsy, no telling what he will be into next.
Where would you guess that the expenses for fast lane,etc. get charged. There are income streams,they just flow uphill.
In my 35 yrs. of looking over P+L's and Balance sheets,it sure looks like expenses are being charged to one co(PNCH) and revs are being slipped into another co. off of the books. Wouldn't be hard to do when you are he CEO/CFO/MGR/POS. Of course this is just an opinion,but one from someone who has seen cheating from guys a hell of a lot smarter than Samblis.
Of course he hasn't done that,he can't spell FBI. He has lost it a little bit though. Talking about his Atty. and the SEC,the FBI. Here is a guy who doesn't have his quarterly numbers in and he's playing private detective. I would guess that the pressure is mounting because he has no more rabbits to pull out of his hat. He needs someone to blame other than Steve Samblis and just 2 days ago it was his own people. Lots of red flags here.
When Steve called the SEC on me did he tell them that the Q would be late?
Samblis to Proctor-I have called the SEC on you. Proctor to Samblis-That would be like the drug dealer calling the cops because he was ripped off. He has gone bonkers. Samblis beat his people down for two days and now he comes back all smiles. He also asked Vince how much it would take to call off his "people".
The man has some real problems. How long can he juggle all of the lies that he has told?
Stock is done trading until a dump by CEO. He has sworn to his crew tht he is not selling,hence the slow period.
Samblis censors HIS board. Posters who ask any questions that Samblis can't or won't answer are pulled from his paid for board. A poster asked several questions last night and his reply was,"where are the mods?" The posts were immediately removed as well as those of Samblis asking for help. Steve,will there be a R/S? WHERE ARE THE MODS? Steve,should some of the transactions have been on an 8k? WHERE ARE THE MODS? Steve,how is the China thing going? I can't reveal any information about that.WHAT? You PR'd it. Can't talk about it. He is losing control,and he can't deal with it. More to come.
CEO taking legal action? Steve tells a poster that his atty.is working on a plan to take legal action against IHUB posters. Poster says IHUB posters should pay for losses by investors. Let's see; CEO buys a loser TV "network" and says 10-12 million dollars to be paid by sponsors. The 10-`12 million was a lie,Steve gets removed from network and ends up with no company and then wants to blame critics of his ability-GOOD LUCK Steve. The shareholders should sue the CEO.
Don't you dare let facts get in the way of Steve's argument.
Just like evey other month,check the debt coversions and it all makes sense. Steve doesn't have to show us his personal stock anymore,just show us the conversions. Why is this coming up again? Because he has nothing else to talk about. He can't talk about the R/S....yet.
He doesn't have to file on those shares.
He's admitted it Slic. Do we have to go through this again?
He is selling shares received through convertiable debt. A brand new poster,huh.
You're right.He is working hard on what to do next,since step one of the pump didn't work. And he wants everyone to leave him alone. No matter how bad the stock gets,just leave me alone. Is he finally being figured out by the shareholders? It is now a wait until the R/S.
Hollywod Fast Lane=24/7/365?
WOW-Sharing with the world. What he is saying is leave me alone. Somebody needs to let him know that nothing he does affects the world.
He even said please. The only thing real here is shareholders losses,and those continue no matter when he "launches".
You are correct. He is filling dead space in conversations so that he will get last word and then run away. His best yet is that the future of TV is on the internet and he is going to show me by using a 70 year old technology.
Ten,I understand what you are saying,but the CEO has posted on this board and others whenever he felt like it. The precedent is there and it's really time for some truth from Samblis. Most of the questions that I asked don't need a PR. Why is it such a tough thing to ask CEO to be honest? Maybe because it's Samblis? If any of my questions were new I would understand why you object,but Samblis has brought up every question that I asked on more than one occasion. Now it's time to answer them honestly.
Look around you; all of the questions have already been discussed or PR'd by the CEO. By doing research we found that no one went to China to formalize a phony deal. If PNCH and VU have merged,etc. the CEO should have filed an 8k. I don't recall asking any top secret questions.Only questions that have been discussed by Samblis. I hope the CEO reads your post,it may remind him that he is subject to SEC rules.
"it is coming"-What is it? Why would "it" be a secret if the co.is looking for new investors? If you accept answers like that from a CEO who is an equal opportunity serial liar then we all have problems. Is it maybe because there isn't any real information for the shareholders and the CEO keeps holding carrots out in front of everyone?
A PR would be someone from the co. answering the questions. Right? They would be posted on the board. Right? I don't care if it's a PR or a post by Samblis or Dickie,someone needs to answer those questions.
Just a couple of additional questions. In the company PR in june that announced the hiring of Gayle Dickie,it was stressed that the company is forging strong relationships in each of the cities that will be included in the launch. Is there a sales staff in place in the target cities? To accomplish what was laid out in that PR,each city has to have marketing people on the ground. Is PNCH hiring salespeople or is an agency being used? Please let us know how that is being handled. Samblis was very specific as to how each city would be handled and would like to know the progress.
Since this board is supposed to be used to talk about the stock and the company,I want to do that. Surely there is a representative other than Steve who can answer my questions. I would like direct answers and not "it's about to blow wide open",etc. Possibly the President of the co. could come on and answer legitimate questions. Fair enough?
1. When did PNCH merge/buy/partner with VU TV? Was any PNCH stock involved in the transaction? How many shares?
2.Who is going to finance the venture?-Please give us something that can be confirmed
3.Is the Sep. 23rd date still the start date?
4.What sponsors have signed a contract? No maybes. At this late date the major sponsors should be under contract.
4. Please post a program lineup. I know this is subject to change,but a lineup has to be ready.
5.When is the stock symbol going to change?
6.Will there be a reverse split in the next 120 days?
7.What are the initial cities where VU will broadcast?
Please have a company representative answer these normal questions that an investor might ask before investing in PNCH stock.
Most of the CEO's lies have been exposed here. He avoided me twice on the sponsor question. You can't have a network without paying sponsors. Steve-SPONSORS??
Janice thanks for bringing your knowledge to the board. If the CEO didn't use outrageous BS,he wouldn't have much to say.
Thank you TenKay. I think you cleared that up for all of us. Glad someone has been around since the beginning of time. The CEO here will do anything to advance his antics. All we can do is put the correct information out there and hope that people read it.
I may have asked this question after you signed out;The launch of VU is just over a month away,who are your main sponsors?
Ric,what name is the CC contract in?
That cracks me up. How true.
When you spend millions to get thousands,it's considered zero-0-nada.
Miles,those are Steve's posts. No one outside of two message boards knows who in the hell Steve is.
How is it you know this? They are small airports,don't know about affluent.