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I've been here since 2011 and rode that wave last year. I know everyone who has come and gone on this board since then. There is no lack of knowledge about this company. In fact I know too much.
Two sided are you high?
I know countdown to nothing, a year into the airport deal and no revs. Everyone knows these things. It's been a year since that shit went down and you'd think it happened yesterday. But the airport delays are not Steve's deal, where's the truth in telling that part Paulyb?
Sure wished I could read that request to the SEC. Collins apparently thinks he's going to be running the company.
He's also calling himself the CEO now.
Not sure how this was left off of your post?
Joseph Collins
IC Punch Media, Inc. CEO
See it's personal and it shouldn't be. Samblis is no angel. Samlbis is not a monster. Under his watch this stock went form .008 to .056. That's amazing and something that should be congratulated. Now he's the bad guy cause he used that momo to purchase PunchTV.
I've read the filings don't give me that dilution crap. Yes there are convertibles but those have been around since the beginning. Ever watch Breaking Bad...it's called legacy payment. Then we run from .0025 to .015 and he's STILL the bad guy. WTH - If someone is bagging on Samlbis cause it's fun...wow! Just wow.
It's going to run and run again. Thanks for that.
And they lets us know how pissed they are about it every 5 minutes...LMFAO
He said he has withheld info. So which is it? He knows of fraud or he wants to see the books?
Collins wants the filings to say he is CEO.
He is not claiming fraud. He is claiming improper management protocol. We haven't read the SEC filing, stop saying it like you know what was filed.
Yep there's a leap in logic. From what we know at this moment to the greys...followed by the suggestive "junk stock cemetery". That's a nice trick.
All I've heard around here is trips and bad CEO that never amounts to diddly. Yet never the mention of the beautiful swings along the way. Let's just hope some one is paying attention.
What suspension? I agree that is a very bad thing, but so far all I've gathered is there are "severe governance issues" according to one party. "...false and inaccurate documents...as it relates to the company". What does that even mean? It doesn't sound like a numbers problem.
Do you really think Steve does the accounting and book keeping for IC Punch Media,Inc.? Yeah, maybe they use an abacus too.
I'm with you on that. This maneuver was reckless and seems pretty arrogant to publish his PR on the PunchTV site. This is a can of worms...
If the price completely drops out, I'm going to have to exploit the situation a bit.
Dude, that's a fake news story. Seriously. It's like The Onion.
This is why PNCH is successful, the truth is out there.
When it goes down it's bad and when it goes up it's bad. That just can't be.
PNCH!!!
Look under the definition of winning - you'll find PNCH!
How do you make a profit selling in the .004s? Haven't figured that one out yet.
Remember buy low sell high...not buy the bottom and sell the top.
PNCH!
It's a good day to be a buyer.
PNCH!
Where's that dilution you kept talking about?
Look at all that buying down here. Thanks for the ride. The beauty is it will all have to be covered. Win win...
Give us numbers, not the hype. I hear chatter about the 10K but where's the numbers to back it up? The only selling is short selling.
Who's kidding whom?
http://www.otcmarkets.com/stock/PNCH/short-sales
Tell us how many shares have been added since last Sept?
Nothing in the K would cause a sell off on 1.5 mill shares haha. This won't last buy the dip.
Have you seen the short interest for PNCH?
http://www.otcmarkets.com/stock/PNCH/short-sales
Are they still pretending there's no short selling?
http://www.otcmarkets.com/stock/PNCH/short-sales
I can honestly say, I have no idea what you are talking about. Sounds like a nice script for a movie though.
"To boil it down, using the convertible debt method of financing with family, friends and angels essentially boils down to you saying, "I need money, and you have it. But I don't know how much my company is worth, so let's see if professional investors or the passage of time will set the value for us while giving you an upside that's more in keeping with the risk."
Raising Money Using Convertible Debt
http://www.entrepreneur.com/article/159520
--
Summary: Convertible debt is often the best choice for a seed round. It is convenient, cheap, and quick. It lets you close the financing quickly and turn your focus back to your customers—that’s good for the company and its investors.
What are the benefits of debt in a seed round?
http://venturehacks.com/articles/debt-benefits
Who thinks OTA is not viable? Why are there so many networks broadcasting then? Why would it be upgraded to digital only 3 years ago?
Punch TV - California (Los Angeles —KTAV Channel 35.6)
http://tvlistings.aol.com/listings/ca/los-angeles/over-the-air/90008
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"The transition to digital broadcasting in 2009 has allowed for television stations to offer more programming options through digital subchannels."
"There are an estimated 114.2 million television households in the United States as of the 2012-2013 TV season."
http://en.wikipedia.org/wiki/List_of_United_States_over-the-air_television_networks
How many affiliates did they have when the Punch TV transaction took place? How many do they have now? I'd say the value had better be higher than it was then.
LOL, dummied what up? Assets? There is real value in TV licenses and shows. I would imagine the TV license value to be static, but the rest is dynamic. You, nor I can value that because we don't have the info. So why pretend and throw out some wild number. Maybe someone else here knows or can estimate based on their experience, but 3 million for what they got going sounds cheap to me. This is up and running don't forget. Let's wait and see what the revs look like. Hell, he could have given it all away for free like you've said. Think of it this way. When a company is being purchased the buyer says its lower and the seller says it's higher. These values are subjective, not two accountants would agree. All he has to do is be in the ball park.
Always sinister, someone better be careful...one, these are pinks so I agree, two the SEC couldn't find a frog in a swamp.
Bottom line, valuation on these pinks is hard. Got to be up and running for a while. Hey, we're in Hollywood, fake it till you make it!
I'm with Numan, just a matter of time!
PNCH!
I know I Know,everything is so effing sinister with this company. I mean, it can never be that the company is actually doing something legit. That Samblis, why he's always up to something, I just know it...
Seriously, any company that doesn't start with capital will have a very hard time. Public companies sell stock to grow their business. This is not a conspiracy. We all know of many penny stock companies do in fact fleece the shareholders into oblivion. However, I think that stereo type should not be use in EVERY situation.
Yes, PNCH has debt, after all it was 7 years of finding its place. Now, for the first time there is a network that could actually produce income. Don't get caught up in the its only OTA, when we all know that is not the goal. This company is not top heavy, so there could be some serious cash to improve the share structure if it so chooses. If ever you found a company that had a shot at doing something this is it. Pretty soon, it's a whole different ball game.
Risk vs reward. Am I making sense? Or are we going to go back to scams and crooks. Lame. This company is in play. Look for the 1stQ.
This is IC Punch Media, Inc. and any substantial growth could lead to an extended filing. What's the BFD?
Who the hell are Apple and Google? Never heard of them.
would like to add...
" that the meeting will not be delayed and it is going to occur as stated and it is "on like Donkey Kong"! The goal is sustained continous pps increase......from timing of all the events about to occur and making sure the 10k is bullet proof and fully accurate of all the massive amount of info in it. Also, people should consider that the affiliate number is no longer the same and.......well, lets just leave it at that for now until the company discloses more info soon."
Haven't decided. I'm only 15 minutes away from there though.
I'm just the messenger...
"We have it on good source that the 10k will be in fact hugely good and has taken longer due to making sure the massive info on it is absolutely correct on the audit and regarding asset gains. Also, consider the fact that the investor meeting and up-fronts where good news will be unveiled needs to be taken into consideration when timing the release of the 10k. hint hint. IT IS ALL GOOD. some strategic planning is in play here!"
Bingo. Getting Even with Steven is unproductive. There are a few that would like to "take him down" as it were. What ever Steve is doing can very much lead to a nice swing in the upward direction..."third RUN DMC perhaps"...or a new level to base from.
PNCH don't knock it till ya try it.
Waiting for the 10K. Read the financials not the blog.
+20% today...filter enabled.
PNCH!
Any accumulation should just pay the going rate. Why so much drama?
Now where are those confounded numbers!
PNCH!
Without a doubt, everyone wants a piece of the action.
PNCH!!!
Here is the info. Add them up.
"...nearly 18 percent were reported as “broadcast exclusive” households, totaling 54 million Americans, up from 46 million in 2011."
http://tvbythenumbers.zap2it.com/2012/08/31/nielsen-local-television-market-universe-estimates-for-2012-13/146976/
http://go.punchtv.net/index.php?option=com_content&view=category&layout=blog&id=41&Itemid=50
http://www.tvtechnology.com/article/nielsen-pegs-ota-only-households-at--percent/217117
Every company carries numbers through, that's how it works. A company with on going advertising should count every bit of that as an asset. On going rev IS part of the value of the company. See 1Q 2013.
I could give a rat's a$$ if someone else can't tally the value. The returns are already audited BTW. Yeah, maybe the SEC can snoop around Sunset Gower Studios, maybe they can have a look around and uncover some shenanigans.
That 60 million is a Nielsen number. Those affiliates reach that many people.
Nobody knows how many will end up watching. We will need actual ratings #s won't we? Or shall we just make up some more random BS numbers for fun?