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Diane,you are giving him a lot of credit.What has come to fruition? I bought in on the idea of ICPlaces. He had done that before and it looked like he had something going. That program hasn't been mentioned in weeks. It can't be bringing in much revenue or Steve wouldn't have had to sell some of his shares. We know that Punch is a long way out,if it gets up and running at all.Then we have Clear Channel. There are so many rumors about that deal that I doubt it is ready to go either. The speakers/authors site is right off of googleI.ICPA won't be the first person called when someone needs a speaker. So as far as incoming revenue all that he has is the money from stock. And you mentioned pps. If someone questions the pps,we get the stock answer that we want to grow slowly. There is a new group of investors aboard who will want to talk pps,and it won't be about slow growth. Iknow that the group that went over to the other board thinks that everything is just rosie,but there are some real signs of problem with ICPA. I promise that I'm not a jerk,I've just seen too much.
I wrote them a letter today since we can't get any info out of our ceo. Should be an interesting reply.
I only used adult because games are for kids or parties.I usually like to have an adult around to oversee the money.
Why doesn't he act like an adult business owner and just say what is on his mind? He won't do that because he is a game player. And right now he is playing with your money. If he was dealing with a venture capital co. do you think he would do this? He has your money in his pocket and is making you guess what he is going to spend it on next. That makes Steve a good salesman,unfortunately he has proven that he isn't much of a manager.
I put it up last night. If anyone saved it please put it up. If not,I'll post it later on.
The biggest success that I have seen is getting people to buy this stock. He tells quite a sob story to go along with his tainted history. Never give up,conceive to achieve,etc,etc,etc,. Most of his self help is borrowed from Zig. I had a weak moment and fell for the original ICPlaces. If you read through the posts,that co. is never mentioned again. The big countdown to CC and Urban TV is old news,but we will hear more about that. We will here how these 2 ships passing in the night put Steve's money and Collins folly together to be the next NBC. Can't wait.If Steve can dream it and you guys can send more money, it can be achieved. I can hear the faint music in the background. If we can get the pps up maybe he can afford a real presidential.
I was referring to his next failure. He has a helluva lot more of those than he does successes. It is amazing that he has put together a group of like thinkers that will send money and ask no questions. Do you think that Steve really doesn't know what's happening at 3:59 everyday?
I couldn't care less about his personal life,although it looks like some of you are more impressed with who says he is keeping company with then what the pps is. I have a feeling he is more likely looking for some way to keep two losing companies afloat than interviewing someone who you are impressed with. That keep the price down makes sense when starting up,but Steve says all of that is in the rearview mirror. Is it a start up,or is this a going concern? When you take in peoples money and start spending it like it is your own the gloves come off. Someone is playing games with your money and mine. I have the sheet of failed companies that Steve has in Fl. I would rather not be a part of his next one.
If you look at the top sticky-Steve's letter-He said in the opening that he didn't have time to look at the market-skip to last paragraph,all about stock prices. In the memo before he even blamed,oh yes,the shorties. He knows better. He has a majority of this board drinking kool-aid so he never gets asked a real question.
Take a look at 5 day chart
You might want to check with Steve. They dumped at closing every day last week. Gotta believe he knows what's happening
Some of us believed it would come around,just didn't know if it would be in my lifetime
I have been sitting on this for so long I just checked and boom-whst got released?
Haven't you learned bt now to never bring family or friends in, Give them a name of a broker and let them decide.
Whatever he is using this silly countdown for has already been talked about and exaggerated on this board. If everybody would quit making things up and spreading rumors the stock might go up. No matter what he says on a PR it has already been speculated about right here.
What do you think Punch is doing?
There are 2 differences between Aspire and Punch.
Aspire is using real numbers of paying customers and people will actually watch it.
Bernie Madoff had a vision.New Coke was a vision. There are equal amounts vision as there are people in the world. There is a reason that financial reports don't have a vision line,if they did none of us would be able to afford a stock.
10 cents based on what? It can't be revs,assets or equity. Tell me what I'm missing.
That would be good for everyone,I just hope you have diversified your portfolio. I'm afraid some of you are suffering from selective memory. Some of the countdowns weren't so good.
Maynerd,I don't know if you have a business degree or not,but people don't generally close profitable businesses. If you have taken the time to read the list of Sambliss's defunct companies it looks like he thinks those same companies may have a better shot if there is some money in the bank. That is why you are now seeing the old become the new. Selling stock sure makes life easier.
That is a stretch,but you never know.
Iguess the market is wrong also. They didn't realize that ICPA is really doing great things. That pps is just grabbed out of thin air. You can play all of the countdown games and brag about $50mil deals but the pps will show what the company is made of. Other than the ICPA true believers and Mr. Collins(who just ran into some money)do you think anyone cares about Punch TV? The Oprah Winfrey network is on the edge of bankruptcy and you would think that Oprah would know the market.
I remember some countdowns that were a rehash of old news,just like this will be. What is up with a supposedly intelligent CEO playing find the clue? He does that to keep the sheep happy. You guys get all excited and forget that Steve is killing dead time by playing kids games. Wasn't there a countdown to the speakers and authors announcement? By the way,that is available to anyone. Steve is a drama king,he likes all attention pointed at him,so I guess the countdown game fits right in. And about all of those millions of people who can see or come in contact with one of the companies,I will take you to any city in the US and ask 100 people ifthey have heard of (add co here) and you will get 100 no answers. A year from now we could do the same thing with the same results.
What is all this? Nothing that you named has produced any revenue,ever. How do I know his other businesses failed?You don't close down money making companies.Look at the list of failed businesses in Steve's name.
I would think that anyone should learn after 12 or 15 times. Do you think Steve will get extra chances to learn what Collins is all about? While Steve is in Miami getting his picture taken who is watching Mr. Collins? Punch will kill this thing.
No Taiwan,I don't have issues with Steve,I don't even know him. I have issues with his style of mgt. Based on 30 years of experience I see Steve as a guy that thinks he can handle all of the sales and management duties of what has been described as a $100mil company,although I doubt it will be a tenth of that anytime soon. Steve is as motivated by being in the limelite as he is by money.The only way he can achieve the kind of attention that he wants is to try and do the bulk of the mgt.by himself.
Before I point out the problems of that system let me tell you what will happen to Punch Network. You have 2 lone wolves who haven't had any real successes yet sitting down together to create synergy. The outcome will be the mother of all train wrecks. Steve is coming to the table with money(yours),Mr. Collins is bringing his dream.By naming Collins an officer he is now a shareholder in your/my company. Icpa and Punch are now one.No vetting,no run it by the stockholders,no nothing. Whatever baggage Collins has hidden is now the property of ICPA.Punch couldn't have been vetted because Steve was busy working on his dream. The partnership won't last a year,but what does Collins get? How much was spent on a guaranteed to fail network? We'll see.
Steve's lone wolf mgt. style makes sure that one person is the shining star. That works if everything goes well,but we know that 9 out of 10 new businesses fail. No matter what you have been told,this is a new business with no revenues. The company that I bought stock in has been replaced with a holding co. model of loosely related smaller companies. I blame myself for not doing the extra DD on the history of Steve's Fl. companies and I would have seen the pattern of failed companies. I think that Steve fully believes that he can do all of the things that he supposedly has lined up. No one could do that and give each co.a fair shot to make it. When this model fails you will see fingers pointed in every direction except at Steve. There will be all the same old excuses. How do I know it will fail? He has done all of this before.(see Sambliss failed Fl. cos.) The only new piece is the urban family variety music network which will take the whole house down.
I think that there is a deal there. Unfortunately nobody knows what has been said or what promises were made. Everyone will know what the deal is in time Is it 50mil? No
You hope that is what he is doing. If you give that list more than a quick look a couple of things stand out to me; I have never met Steve,but I have had several Steves' work for me.
Steve doesn't like to be thought of as a salesman(which is exactly what he is),he wants to be thought of as a teacher,or motivator. Just look at a few of the co. names.
Steve thinks that if people will listen to him he can change their lives through his self help and motivational programs. This is interesting because he didn't follow his own path. From the little that I have heard about,he borrows from Zig Ziglar.
Steve thinks that salesmen are so easily molded he can put a one size fits all program to motivate them(sales meeting in a box)
The million dollar question is how Steve handled the meetings that he has had with CC and Punch. In those meetings someone sold and someone was sold. Remember,it's all about the money. In 60 days or less everyone will know who the seller was and who got sold.
you were duped even if you get a CC pr. ICPA has already announced the fifty million dollar contract. Or is it $59 million. Million just rolls right off your tongue doesn't it. Millllion. Has a good sound to it.
Surely you have seen the list of Steves Fl. registered companies. Some of them magically appeared in the ICPA conglomerate. They will bring new revenue streams according to Steve.
But do you know why the pps dropped?
He didn't have his way down here in Orlando. He had 15 failed companies that are now popping up with ICPA trying to convince people like you that they will produce revenue.
Finding a group to network isn't difficult in LA,especially if you appear to have money. Steve has a background in Orlando of not quite finishing. The difference between Orlando and LA is that the people out there bite back. They will eat unprepared people for breakfast. You can bet your ass that Collins didn't bring Steve in because he thought Steve was a great guy. Collins wants an urban TV network and almost got there but he ran out of money. If the marketplace was missing an urban platform in the TV business there are people with real money who are waiting to be sold on profitable ideas. I would bet a good sum that the Punch idea has made the rounds in LA. Steve shows up,has some money and Collins is all of a sudden realizing his dream. A recipe for disaster. ICPA will be fun to trade as it roller coasters along,but I wouldn't give Steve any more blank checks. Good luck.
I also respect your opinion,that is what makes the world go around. If you can't learn something new everyday you need to lay down somewhere and die. I grew up in and married into politics. Not real different than performing. We were lucky enough to meet some wonderful unique personalities along the way as well as some real jerks. The higher you go up the ladder the more people you meet that can help you along. The game is that they also want things from you. I see Steve trying to climb that ladder,and there is nothing wrong with that,but the higher he goes the more they expect. At some point you either become one of them or you are labeled a wannabe. Steve is walking a fine line between the two. I hope he doesn't get eaten alive. I'm not overly wealthy but I can play the pennies as well as some big board stuff.I will trade ICPA but I can't just write Steve a check so that he can go learn whatever business he finally lands on. Good luck.
You are correct,someone could use a business 101 course. In that course you would learn to focus on what you know until that product/service can finance other businesses that compliment your core business. In the last 120 days the core business of ICPA has gone from ICPlaces to an urban "network" that has zero presence in the TV industry. Then he shifts to a $50mil "contract" with one of the largest advertisers in the country.The whole world will now be watching ICPA,like it or not. During all of this jumping around,Steve manages to try to be at any function with a camera. Steve likes the limelite. Since all of this costs money,lets go back to Bus.101. Focus on your core until it can finance other businesses that compliment the core.The core is now gone and in it's place is a flavor of the week. The biggest problem with that is there is no revenue. None from the core,none from the complimentary businesses. Now we have to dip into the stock to finance things that were never mentioned when Steve was selling stock. If you look at Steve's backgroud he has done the same thing that he did before,lots of businesses that go nowhere.The only difference this time is he happens to have some cash.Somebody elses cash. And no one seems concerned about where the cash is going because Steve drops a Mark Cuban here,a Warner Bros. there and everybody is star struck. Don't be surprised when you wake up one morning and all of the cash is gone.Steve is out there trying to be somebody on your money. It makes for fun trading,but you can't run a business that way.
There was another sale this week of Steve's shares. The form was posted yesterday at closing. If you look at closing everyday this week a 5mil dump went through.
Correct,nothing has changed with ICPA,it just got exposed for what it is.
Quest,it wasn't a full assault. ICPA was wide open and unprotected. The company is at best a start up,at worst a fraud.There was/is nothing to back up the pps prior to the bloodletting. The price will bounce up and down which has nothing to do with the company. It has been exposed and will continue downward with bumps periodically.
Sometimes the weak hands are left holding the bag. It takes more than weak hands to turn 30+mil shares. What are you basing an upswing on?