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Tell us how Punch is profitable right now.
who cuban,who,what is involved!!who daymand? and what is involved and who are the other and what is involved!!Little you really info you dont know about,how much do you want,just ask me!!
You pose a great question.I have been involved with the co. since early spring in one way or another. I have bought into the future success of the company instead of how much can I make on the bounce. I believe in what Steve has put together and the potential
that the group of companies have.My biggest problem up to this point was lack of revenues. Like most OTCs,there was a good idea,a fanatic core of investors and no money. The part that has changed is it is no longer just a good idea,it is in place and it works. Unfortunately,there is still no money. That will change,but only if the company shows a strong increase in revenues in the 3rd quarter. For ICPA to get where it needs to go a new group of investors will have to be added. That group will have no personal ties or war stories to tell,to them it is strictly a financial move.They don't care how much DD you can spout or how long your shares have been vaulted. They are strictly ROI guys. If another quarter goes by with revenues smaller than their monthly paycheck they will look for the next good one.And there are some good ones out there. Steve will have the first two months under his belt next week and he will know approximately what the quarter will bring. A PR with revenues are looking better than expected would be a wonderful thing. They don't want to hear about what happened this year,or last year,they are looking at a 7 year old company that should be banking money. It's all about revenues,not necessarily a profit,but substantial revenues. Bring it on Steve.
You have a very active imagination.
You are showing your age. Most of the people on this board don't know what we are talkihg about. It was funny as hell though.
The deals are done,now it's revenue,revenue,revenue and revenue.3rd. Qtr doesn't have to show a profit,just rising revenue.
Missy,I'm with you. A 10mil would probably make everybody go crazy.
Sometimes people see the same things differently;ICPlaces was at one time the feature of ICPA. ICPlaces has never made money and probably never will. ICPlaces was opened here in Orlando as a stand alone product and was advertised in that way. As I'm sure that you remember,ICPA got involved in an energy drink through Places also. As for the part about customers coming to Places after viewing Punch and "adding more revenues" to Places,that might be quite a stretch. Revenues from the past two quarters have shown that there is very little if any revenue from ICPlaces and probably won't be unless someone is out selling ad space. I can't quote how many instant restaurant revues have been made,but there can't be many. IMO Steve has gone successfully into the other businesses and ICPlaces will eventually go away.
I never,ever blame anyone for taking profits,especially after what some of you have been through,but what kind of day could we have if we didn't have the regular one or two dumps? Lets have a big day and everybody have a great weekend.
Congrats to all the ICPA longsyou guys and ladies have gone through hell-I got lucky myself-picked up a few cheapies to play bounce-guess I'm holding now
Has anybody heard from Steve??? Hey Steve,you out there watching??
KVQT-HOUSTON_CHRISTIAN_ESPANOL-This christian/spanish station has other affiliates around the country with similar formats. They also broadcast on the net. A poll on the home page asking the listener if they like the station had 27 responses. Somehow fitting a reality show on Miami's party scene just doesn't blend with the other programming. After looking at the affiliates I believe that is how Collins was able to set up a base with very little money. I didn't see any interviews with b-list celebrities on the playlist. Ultimately, the affiliate decides what goes out on the air from their station not a new network. The 4 million households that was thrown out earlier today gets pared down when you add what is actually being broadcast. The sponsors who supposedly pledged 12mil in ad revs were sponsoring spanish/religous programming in some areas. It looks like this TV thing is not quite a slam dunk yet.
Great post,and a good question for all of us. You are correct when you say that the potential is huge with the pieces that Steve has put on the table. The ultimate question though is there enough time/money to make all of this happen. IMO Steve has had the investment engine(dilution)running full time since 7-1. At this point ICPlaces has minimal income as do the self-help programs. Punch,if it survives is looking down the road for any income(see OWN,CNN and several other networks in trouble). That leaves CC,and I think Steve has bet that the CC revs in the 3rd qtr. will overshadow the spending that is necessary to get Punch on the air. It costs millions to put a season together for a network,much less constantly adding ,and paying people to put the next wave of programming together. It will take a track record for Punch to eventually raise adv. rates to the industry average. All of this puts a laser focus on what Steve says is quick revenue,Clear Channel. With the pps being what it is,the company has to be going through hundreds of millions of shares just to connect the pieces. There are a couple of options open to Steve,none of which are good for the co. or the shareholders,or Steve. These are the hard questions that for some reason the few that are close to Steve won't ask,or he may not want to talk about it. We need some answers.
People fightin' all over the boards,cussin'each other,gettin banned,and we have this little gem of a stock right under their noses. I'm afraid this jewel can't stay hidden much longer. Thanks Diane.
I knew it was something big,but please don't send the big media hitmen. If anyone sees someone wearing a Tom Brokaw mask,run for your life.
What does the 10 Q have to do with the claim that Perchy made? He was making a statement that was false as far as I could see,and false statements helped this stock become one that people began not believing. I studied the statement as hard as anyone probably because I know how to read one. What I am trying to do is get this group of posters on this board to quit starting bizarre rumors with absolutely nothing to back them up. All of us would like to be involved with an OTC that isn't like all the rest,but when times get tough we start hearing Mark Cuban, 8 billion TV sets,it's the MMs fault,and on and on. What I am trying to do is support a stock that has a better than normal chance of survival,but I keep seeing the typical OTC habits pop up time after time. It's like the potential CC revenues;does anyone really think that $10mil will be given to ICPA in the first year of that relationship? If any part of that $10mil was true,you would be bidding against CC insiders who really know what's going on.Steve has kicked the can into the 3rd qtr.and is spending lots of money hoping that 3rd qtr. revs will overshadow all of the money spent.If the revs aren't there in the upcoming qtr. this company will have to look at what options are left. ICPA is a small company trying to claw its way into some opportunities that are there now. If they don't get it right this time,you can wallpaper your bathroom with ICPA stock certificates.You will know when Steve quits spending,the pps will go straight up.
Perchy,please get info from Steve as to how much money was billed or charged for Self-Help. I think your statement is false. Steve was not doing anything with the site and that is why it was givrn to ICPA. If you have PROVEN numbers,please publish them. Obviously they aren't doing anything now or the 2nd qtr revs would have been higher. These are the types of statements that have caused problems with ICPA in the past. You don't have to overinflate things to support ICPA.
The Srartan website appears to have been put together by a bunch of 7th graders who had to stop working on it because school was out. That site is a joke. I love the part when you look at all of the 15 yo films that they have and then they give you a location where you can meet them in Cannes. They should fit right in over there. Steve needed a PR to take the heat off after the filing so I guess it was time to unleash Spartan. Spartan who got a 7 year contract,which is 61/2 years longer than their other contract. The Belief section is the most interesting part of the website. You can put in your beliefs and they can match up with theirs.
ATTN:Steve Samblis- Please send the list of customers who Spartan currently does business with. Don't need a resume of the shows that they had contact with,just business that Spartan does in their name. Thanks
The inclusion of the ICPA logo on CC pr is acknowledgement for me. Perchy has a copy of the e-mail that has the response from CC that ICPA is a contributor. CC is not in the business to promote other companies,but if you look a little they are constantly promoting themselves.
Maybe Steve has a copy of that to publish along with the CC contract.
Why is there still a discussion about a CC pr? They have acknwledged that ICPA is a contributor and that's all you are going to get. There is no upside for CC to do anything more.The CC program brought in many of the stockholders and maybe Steve will let us see the contract.
There are still many of us who bought stock when ICPlaces was the flavor of the month. That program has been abandoned like all of Steve's companies end up being. I keep hearing the word "foundation". The foundation of ICPA did $10,000 in volume. Not much of a foundation. Look back in your archives and see how many different programs were "gamechangers". It's a long list.
If you look at Steve's mo,this practice has gone on for years. The self-help program was a dead deal,but fired back up when he needed a pr. It didn't have any revenues then and it won't have any now. Now Steve has become mesmerized with California. He isn't the first nor will he be the last to lose a fortune in LA. The Punch Network is a struggling idea put together by a dreamer just like Steve. Nothing wrong with dreaming,just don't do it on other peoples money. Steve is a promoter,not a businessman. Pull up your list of Steve's dead companies in Fl. and you will see the repeating pattern. This time around he has the ICPA atm macine that all of you have bought for him.
Is that what this has boiled down to? Picking on other posters? It means that BS is BS in any language and Tawain is trying to get someone to tell the truth on this site.
Other than Joseph Collins, who valued Punch at $10 mil? Steve's contribution of $80k (if you believe that,so will I) is minimal in the scheme of things. I'll trade you my 80k for the ability to sell a billion shares of stock every day of the week. Please let me suffer through this poverty while my shares are selling. Obviously self-help and any other of his abandoned web sites were sold to the co. at a fair price of one buck. I wouldn't be surprised to hear that those appear somewhere as a writeoff at whatever false value they have. Steve has to keep trying to find the end of the rainbow to keep stockholders off of his back. At some point he will run out of money/shares and move on. By the way,shares=money.
The existing business was ignored while the new toys were added. This is a pattern .Just go back and look at Steve's record from 10 years ago until now. Don't get caught up in the thinking that revenues aren't important. You have a snapshot of a solid pattern here. When things got rough a few months ago he resurrected the websites that he abandoned when he put ICPlaces into play.This is no different than a mining stock,the big one is just around the corner. Shareholders continue to prop this guy up until he figures out what he wants to be when he grows up. Ask yourself this;would this business be run the same way if the ceo was using his own money. There is nothing brilliant about chasing your dreams on other peoples money.
Thanks Hoss.
He doesn't want to get pinned down. Some of those things may not happen.
MB-How do you validate something or someone without them accomplishing anything? ICPA will not show any profit this time or anytime soon. There aren't many investors out there who buy companies that are losing money unless assets,revenues and a business plan could succeed. We have all seen the revenue streams;energy drink(forgot about that one)booking agent for authors,speakers,ICPlaces,self-help,and all of the other ones that Steve closed a few years ago. Then you have CC/Airport. It is unlikely that you will see a PR from CC. Why would they put anything in writing that could even resemble a promise of any kind? If you do see one ,it will be so bland that it might be a negative instead of that big push everyone thinks that it will bring. If in fact there is an agreement between CC and ICPA it has a bailout for CC that is understood by everyone. Punch is the most obvious loser on the board. At this point Steve doesn't have enough money to make that mess profitable. If Collins had anything of value it would have been eaten up by a big boy and Collins would be sitting on the beach wondering how to spend his money. Their programming is horrible and they have no syndicated programs to get some type of ratings. They have had unpaid interns and people who answered ads in the paper wanting good ideas doing the acting. I don't know what your definition of a strong company is but ICPA is not a strong company in any area. But it does make for some flipping fun.
That video is beyond painful to watch. I can't imagine going the full 16 min. I see we are still in Groundhog Day here at ICPA. Next level,.10,1.00,2.00,nasdaq,blah,blah,blah. What has changed is the content of the PR's. Announcing a new team to the "Board of Advisors",whatever that is. It has gotten pretty bad when you have to highlight the programs that are showing before and after the shows that the team worked on. There is only one reason that the last PR's were written and that is to hold the pps up prior to some real bad upcoming numbers. This is the 7th year folks. If ICPlaces doesn't show decent revenues this time it never will. According to Perchy the CC program was in effect on June 1st so there should be some revenues there. The Punch Network will eat cash at an astounding rate until it is shut down. The programming is awful and it can't get any better without big money investors. That type of investor is looking for assets to hold and there really aren't any. If you are waiting for A PR from CC it probably isn't going to happen. They have had every opportunity to mention ICPA in their own PR's and haven't. Why would a company like CC put anything in writing that could come back to bite them if things don't work out? You can bet that any agreement with ICPA is totally non-binding on on CC's part. I am not trying to talk anyone out of their shares,unfortunately Ihave plenty of my own.
Be careful,you can't see everything from the street.
Sometimes I'm an unruly passenger. Just trying to have some fun.
You also have to wink and give the ICPA secret handshake
You have touched on everything but shorts-all on 54k shares. Death spiral? right.
Tou can't say that here. Steve can walk on water,part the seas and give a self help talk at the same time. Last week it was the CC PR and an article in mondays WSJ. Yesterday it was a don't call me,I'll call you ,with many more revenue streams. We would all be better off if while in Houston they might look for an oil lease or some uranium. Then he could do a reality show for Punch targeting his 18-35yo urban marketplace. This stock has become a joke. Not just here,but all over the boards it is a joke.
Thanks for your help along the way-I am betting with you. This reminds me of another stock that is busting loose today,as we speak.
Nice try- TV advertising is sold according to ratings,not numbers of homes. Google TV ratings and put Punch network in and see what the ratings are. If numbers of homes meant anything the Weather Channel would be #1 in the world. Quit grasping.
Your post defines my point. Have any co. killing decisions been made? You have no idea.All that you have is 100 other people who have put their money in a penny stock telling you that Steve hasn't made a business killing decision. I am on the record saying that Punch is a business killing decision. His financial problems are public,his programming doesn't mesh with anything that used to be important to Steve. Money is the number 1 problem for this co. Is the company failing? None of us will know that until we see some financials. I repeat,money is the number 1 problem for this co. Would it surprise me to see Steve jump into another area? No. He still thinks he can fix anything,that's why this co. is stuck with Punch. All of you talk having a transparent CEO-We will find that out in the next 90 days. Somewhere,somehow Steve needs to find some money.
Glad to see some new faces. I've been here awhile and she looks better every day.
They had budgets for the program that is being tossed,didn't they? Major companies will change direction quickly if they see a loser. Small companies do also. Just think,4 mos. ago Steve didn't know who CC was,or Punch for that matter. He was going tobe a billionaire doing instant restaurant revues. How's that thing doin?
If he had anything in writing it would be all over the FB page as well as this one. The previous run-up of ICPA was based on that rumor and it won't work again. Any deal that ICPA gets will be scrutinized because of the false starts and the totally unbelievable numbers. I have had more than 1 or 2 meetings with banks concerning good ideas and they want hard numbers. CC can't and won't get themselves into a situation where they promised anything. Tough to borrow when they ask for 5 yrs. of statements. I hope the deal happens because I own stock in ICPA,but there won't be 10mil in revenue with CC in the next two years.
Where does it say anywhere in writing that CC is going to spend 10mil per year? Not Steve's estimates or the wild numbers from this board. I am not doubting that a deal has been put together,I seriously doubt the crazy numbers that came from the imaginations of this board. I doubt that CC even knows what they will spend this year since it is a new program. Why would CC leave 6-8 vendors behind and give a company that has never shown a profit 10mil for 1st year revenues. If you are going to say"because Steve said so" or "Steve has never lied to us" just don't bother answering. Assuming that this fairy tale happens,who is going to finance it? Punch has no money or he wouldn't have given up his "lifetime dream" to Steve so that Steve could fulfill his "lifetime dream". It's hard to borrow money on lifetime dreams. The stories make for good reading but there is no substance shown at this point. If ICPA was given a few airports to prove themselves I could buy the story.