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Yep. With a 4billion $ market cap. Pass me the bong.
Hey bud-what do you mean that the A/R should be added to the bottom line?
Only way they will get money from a bank is to rob it. It's much easier to rob shareholders.
It hasn't changed,Steve got tired of the question because it was asked every time he came on so he just did what comes naturally to Steve,he lied.
Now that Punch has been a broadcast network for almost 2 yrs. how have they done in the Neilsen Ratings in the prime time category? i know it is broken down by age groups,etc. but any prime time ratings will do.
Krea-Don't confuse reality with pessimism. I'm not sad or down because PNCH has tanked. I just think it's OK to call a spade a spade.When the poster gets done with all of his DD,someone should correct him if any of the points are not true. That's reality. The other day when one of the posters said that PNCH has 32 employees I felt it necessary to look at the filings for the company and find the correct number. By the way,the co. has 2 full time employees and 2 part time employees,not 32 as the poster said. Does that sound pessimistic? Not at all,it feels good to correct the misstatements of the poster. I'm sure that having someone constantly correcting untrue posts probably makes one want to strike back with untrue statements and I don't hold that against you.
Donnie,don't think that's what the Rev. had in mind when he was building his "dream". Or maybe he did. we can call him Rev. Perv.
Have you read it? You might want to take a few minutes to go over it.
New investors should note that the CEO of PNCH is a former promoter of questionable penny stocks. He has been cited by the SEC for dishonesty. The CEO has had this company in one form or another for 8 years of zero profits for anyone but himself. The CEO lends the co. money and receives repayment at rates up to 800%. On two occasions the CEO has reverse split the stock resuting in losses to shareholders. Upcoming revenue estimates claimed by posters is based on December revenues which include Christmas sales. 4th Qtr. revenues are not a true baseline for future non holiday revenues. The company operates with 2 full time employees,the CEO and the president. All financial transactions are made by the acting CFO who just happens to be the CEO. The company introduction on this board is false and misleading. Contact your broker before purchasing any penny stock,especially this one.
PNCH is an insult to the Urban community. The Reverand Collins and sidekick Samblis will exploit minorities for a chance to make a few bucks through creative financing of the company. Archie Bunker had more diversity than these two. The truth about this pairs "dream' is to make as much as they can as quick as they can. Try watching some Amos and Andy reruns,at least the producers were honest in what they were producing.
Darko,the reason qtr.4 had a spike in rev. is because of Dec. It's Christmas. Everybody buys ads for Christmas. You might want to take that into consideration when projecting the next QTR. Pass that along to the geniuses. You might also let them know that we aren't talking to each other,we are talking to potential buyers.
Can't believe I got sucked in twice. That trailer might be worse than Horsetalk. What's up with 500 frames in a 30 second trailer. I would say I can't believe Samblis spent money on that,but we all know it's a freebie. No one would buy a show that insulting. The group that awards the worst performances each year can just watch Punch and have every category covered.
You are more influenced than most.Samblis has you convinced that there is a future in this proven loser. The company is in no position to influence anyone,so you are betting on Samblis. Makes it easier to be playing house money.
Why does Darko come on this board and post lies? We can all read the K. Kind of like the sales staff that dtr or whatever he is talked about this am. Come on this board instead of hiding behind Steve's apron. Please bring facts though.
I can't get over Horsetalk.They need to be careful. If someone from Hawaiian Punch hears the volunteer mention their name a stop order will follow. When I go to downtown Orlando I love to watch the pimps and hos on horseback. Horsetalk is definitely an urban winner.
Horsetalk-did that actually air? That is an insult to the intelligence of any viewer. It had the obligatory name drops and '60s quality. That might be worse than public access.
It STARTED 3 yrs ago.
2full time,2 part time according to K.
Shouts,cheers? 2 full time employees.
The NBA-Dleague is minor league basketball. They don't have the guy from Ace hardware playing point guard.
WOW-That's a bunch of household names. Which salesperson sold those accounts? Since the revenues are public,it doesn't look like any of those sponsors bought very much. Show us some more pages of Punch sponsors.
Samblis has no sales plan-He says that 2 people were hired to market PNCH. He said(many times) that he had a sales team lined up for ICPlaces. He lied,again. If he has a plan,it is a new one. PNCH has 2 full time employees. K says that there are no sales reps.If he has a team he hasn't paid them because K lists 0 as selling expense. Maybe his 2 superstars will bring it sometime this year. If I wanted to buy some advertising how do I get ahold of Mr. Corchoran? Unless his 2 stars know how to sell shares,they will starve to death working for Samblis.
It should be added that Steve never put a sales or marketing plan together for ICPlaces either. ICPlaces and PNCH are the same company that Steve started with. All of Steve's companies are share selling scams. He is in a perfect position to R/S PNCH and bring in a new set of "investors". He will say things like we have a $10 mil adv. commitment from ABC company and a new group of investors will come running. Does any of this sound familiar? One of these days Steve's lies will come back to haunt him.
ICPlaces has had 2. Same co.,same scammer at the top.
Play,PNCH is set up to make money in one way:Convertables.If you aren't holding any you can't make money with this pos. There is no business plan. Read Steve's plan for salespeople. Sound familiar? It's a cut and paste from his past Ks. The "network" has no sales or marketing people. Does that give anyone a clue as to what is really being sold here? Shares are being sold here. He doesn't even pretend to be operating a real business. No one is calling on national accounts. Why? There is nothing to sell. Sponsors want numbers,ratings,top shows,anything to sell their product. This is a share selling scam that will soon be reverse split just like it has been 2 times before.
Those are not A listers in any neighborhood.
Glynn Thurman was married to an a lister,,Aretha Franklin for 6 yrs. That was about it on the carpet. He won some Black Image awards,but acted in blaxploitation films. C-list at best. He is writing the story of his life. Can't wait for that one.
PNCH is about share selling. As for Steve,he has accomplished his goals. Sell as much stock as you can,lend money to the co,cash convertables. The whole thing played out on this board 2 years ago. He did it then,he will do it now. Yes I've read those 2 articles about the PNCH involvement with CC. Does anyone else remember how long Steve had to beg for a PR? Good luck on the 4 yrs.
More like burnt investors flocking FROM PNCH. Don't be so sheltered. Look around out there and you will find CEOs who don't lie,companies with real marketing plans,profits being realized and co.s growing. Punch is none of the above.
No miles,it's not P+G. This stock has a good history of bounces. At this price it's a good gamble for bounce plays. Good money can be made on bad stocks.
Not if you own convertables.
Math lesson; There aren't enough hours in the day to make this pos profitable. This business model is not to sell advertising,it is designed to sell shares. No advertising plan(repeat of previous Ks),but unlimited plan to sell shares.
There is another lie. Samblis blew that off saying that they were opening a service just like EZVIP in LA. Maybe one of the 2 part timers is working on that. I think it's time to show the Hitler video. There are enough new people who probably haven't seen it. I'll work on Rich.
Yea,I mentioned it was their and they are fixing it on their end,kinda like bad picture coming out of filmon.
I saw that.In the words of Steve Samblis,it's their fault and they are fixing it.
The most remarkable thing about the Samblis lies is that some of his loyalists just ignore them as if the lie doesn't exist. Steve tells lies as casually as you and I get a drink of water.Acknowledging the lies just doesn't fit with dreams of getting rich.
You know there is $1100 in the bank.
Steve might be selling goldmines a year from now.
Has the buyback started yet?
Rebel, there is no end game. The game is you will get 1 share and Steve will take 75 or 100 shares back.