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Let's put it in terms that people can understand. If the share price was .10 that would mean the company was worth at least $310 million to someone. I find that a little high and even .01 would be $30 million. We need a lot of commercials to help achieve either number.
Filmon probably won't load the next month's shows until the bill is paid. Keeps the owner on his toes and honest?
He could run the price up to .001 and then dump some more shares. It won't take as many shares to create $40K.
Does pnch get any of the revenue for the ads shown on VU Television when first opened or is this revenue only for Filmon? Why isn't Vu readily available without having to search for the button to get on? Steve, can you help run this to 2-3 cents before December?
Name change coming? I doubt if a RS. Now the shorts will have to cover if a name change.
Are there other boards that PNCH is posted on besides iHub? There is so much negativity on this one I would like to get both sides of the issue to form a better opinion. I have seen in messages that some of the former posters are on other places.
I beleive the meeting is more than just a stock holders meeting and Steve knows that people are not going to fly into a meeting where the trip alone will cost about the same as they have invested in the company. The numbers, if given out today, will not take long to divest and the rest of the meeting will be introducing characters involved in production and shows that are upcoming. It will be more of a meeting introducing himself and Punch to California to get more local interest and possible investors.
Wish I would have sold last time it hit .015. Could have doubled down and made a good profit. Hope this gets over .01 this week before the meeting. If it is subpenny it will be a hard sell for the rest of the public masses to buy into. Many boards still show subpenny stocks as .00
I have a copy of Quicken if that will help. The K probably won't come out until the meeting and then we can drink all the Punch we want. The flavor of the Kool Aid may not be what we want. Why does it take over 3 months to put together numbers for a subpenny stock?
It's too bad PNCH TV wasn't there when all the people from Frogads were arrested in LA. With a live news story like that it would have put PNCH on the forefront and brought instant national attention to this company.
I guess we will have to wait to look at the financials. Revenue will be there along with Acct Receivables meaning money is due. There probably won't be a profit as prior losses will be absorbed before showing a profit. Just have to break out those figures to determine how this will do in the long run. Remember Steve and Collins get a salary and depending if employees are paid by stock or will show up as Acct Payables.
Thanks. I've been in this long. What is another 6-8 weeks before movement of the PPS. PNCH.
We should have numbers Friday 2/15, if not then around end of March yearly figures will be out. Depending on what your average is I would say hold on. I'm sitting on average of just over .02 and if any positive numbers come out I'm hoping we hit .05 or higher. It's hard when the CEO and President are sitting on 500 million and salaries on top of that. There won't be much left for us little guys. PNCH won't show total revenues as many stations just got on board in December and the increase won't show up for another 1-2 quarters.
Go to OTCmarkets.com and pull up the 1 day graph and it will give trades per minute. Number of shares traded and ending price at that particular minute. Not totatlly accurate but fairly close as it doesn't give each trade. OTCmarkets graph hasn't worked for me the last couple of days but may be my computer. Wasn't Steve supposed to be in Europe this or last week and out of town through Monday or Tuesday? Numbers Friday or wait until late March?
Up 75% since start. .26-.45. 48 cents Monday and then bottom drops out about 11:30 while you're at lunch. IMO. About time for this Swingplane to land.
Etrade lets you know when you move money how much you can trade right away versus waiting 3 days for the balance. I don't know if TD gives you this information or not. I have found the penny market, if you don't have the proper software such as Level 2, you might as well stay away as they will take your money in a heartbeat if you aren't looking ahead. TD might be telling you the same thing. The bottom can drop out of these plays very quickly.
Anyone notice the pps has dropped to .0021-.0022 during the week and then closes the week at .003? PNCH in a holding pattern.
Could be selling shares on market to workers for compensation. Sell to them at a discount and the price will go up in a few weeks. IMO and wishful thinking. Remember most of the last quarter the revenue was just starting to roll in and many new stations came on line late in December. The revenue for those stations may not show up until April 15 or so. But the Feb 15 numbers should be fairly good.
Why put stop losses on these cheap shares? It doesn't take much of a drop for the MM's or others to drop price quickly and pick them up. Anyone with L2 notice which firm(s) are picking up those large chunks? Is Steve selling personal shares or company shares and who might be picking them up. It could be a signal the pps is ready to go up because 6 million share sales doesn't generate much money to pay bills. PNCH.
I guess you have to start somewhere. Without Cubs baseball and the Tribune backing WGN wouldn't be much and then add cable and national exposure and viewership explodes. Ted Turner wasn't anyone until dad left him the network and a new industry called cable helped him expand. Now all PuNCH needs to do is generate revenue to be self sustaining rather than selling shares to meet expenses. Selling 1 million shares for $2500 isn't going to pay many bills.
If that station has half the lawyer and AARP commercials that WGN has we should be sitting pretty good revenue wise. PNCH. That's 350 miles away and I don't think my rabbit ears will quite work.
I've been looking more at the $9 or $10 options and possibly farther out like the June options. At least the stock price is above the option and will still be worth something rather than hoping the offer will be in the $18-22 range, if it comes at all. BBY.
Besides paying bills, why would he need to dump shares? If all the ad spots are filled he should be able to pay bills from the cash flow of advertising. If advertising won't pay the bills this is toast but I believe we should start seeing a spike in pps starting next month. The number we need to see is from Nielsen or other firms that show approximately how many people of the 59 million available are watching. I don't get PNCH TV now but may in the future.
There are many unanswered questions about PNCH that we don't know. All the ad spots are supposedly sold or filled. How much revenue is that? How much do the local stations get to keep and how much goes to PNCH? I guess some of those will be answered next month's Q as well as share structure. Much of the underlying answers are probably trade secrets in the industry so others don't sneak in and take our lunch. Company could be easily taken over before the Q comes out and purchase price wouldn't need to be much above what is currently selling for and not much us minority holders can do. Too much is not being said but if anything is said naysayers come along and downplay anything positive. JMO
Yes, but with eTrade it will cost me $9.99 to sell so I am going to have to pay another $3.00+ to break even and not get anything. I make more money selling pop cans to the grocery store. VLNXD or former symbol was pumped hard and not even an APS play. I will get out my dart board and toss another dart for the next pick.
I don't have anywhere near 100,000 shares and glad I don't as I'd be about $30,000 down. I have 1800 shares before split at .3175. Now I will have a whopping 18 shares worth $3.24. VLNXD suckered many of us in.
The value of my shares are so low I have to pay the broker to take them off my hands. Sit back and wait for VLNXD to get promoted again and I might be able to poke my head out of the ground.
If you have digital TVs you may be able to get more channels. Except for ESPN you can watch most of the rerun shows on the auxiliary channels such 8.2. Cable is getting expensive but if you also have internet service you can get many of the ESPN sports shows and other TV programs on the computer. With a hookup to a digital TV you can enjoy on big screen. Approximately $5.00 of the monthly cable bill goes to ESPN to pay for their huge contracts to control sports. The money you save each month on cable can go to buying more PNCH stock.
Best Buy has always been in the cyclical business as new products come out. Originally they sold many VCRs, then personal computers hammered them with excess inventory when prices were cut in half, DVD players, TVs when tube type were being phased out. The growth period of these has passed as the market is saturated and will slowly grow when the LCD, flat panels wear out and improvements come. Best Buy is stuck with large stores when smaller ones will do. There is too much inventory on hand daily when computerized systems similar to WalMart will allow restocking in minimal time especially during Christmas and the rest of the year keep only enough on hand to meet demands. The next system they could get into and doesn't take shelf space is selling cloud computing storage or even selling music for MP3 players. Best Buy will bounce back but will have to wait until the next great product comes out.
A decimal place move of 1 or 2 to the left would be nice. End of year selling should be just about over. PNCH as an option on cable, Dish or DirectTV beside local channel would be a huge help.
Many sales for tax loss purposes, people will get back in next month to avoid wash sale rules, others selling may be the few who got in very early and actually made a profit. Some sales may be dilutions to pay bills and give people employed some hope the light at the end of the tunnel is approaching and ad revenues will start pouring in. IMO the pps will increase after the first of the year and Feb figures are public.
I don't think APS has the punch it used to but another pump company could work. PPS won't rise until end of year numbers show up in early or mid February. Revenues from ads should start showing up then or this company may be toast. Doesn't increasing a/s from 4 to 5 billion shares require the increase of cash into the coffers? Another 1 billion shares would require an offsetting transaction on the debit side of approximately $100,000 based on par value of .0001. There's still hope for PNCH imo.
etrade shows symbol as pnch and shares moved over. The pound symbol may mean they need to do symbol change and move the shares. You should be ok but may not be able to trade yet. Problem is some companies take up to 30 days to change shares over and in the meantime the new symbol could go through a serious pump and dump and you will miss out. I think Steve gave enough heads up before the change so most trade exchanges were ready for it. Do a test and see if PNCH shows up.
Stock Preacher sent out couple pumps this morning. Excerpt from one:
StockPreacher
Good morning!
The promise of bringing next-generation solar cells to the market 'some day' has always been the key to figuring out Solar3D, Inc. (SLTD).
Sure, some of you have made buckets of cash trading the curves. But until NOW that promise was always a little nebulous.
So I teared up a little when I saw that effective this morning, SLTD 'anticipates entry into the marketplace by the end of 2013.'
In other words, if all goes well, SLTD could be selling its long-anticipated cells in a matter of months!
This is truly a headline the market’s been hungry for, and I’ll lay out what exactly it means for SLTD’s evolution from lowly start-up to solar powerhouse in a minute.
But as a glance at the SLTD chart shows, this 3-cent rollercoaster was already plenty volatile before game-changing NEWS came to the game.
Cell phone calls and texts can be traced to a person. It is a little harder to find the needle in the hay stack with a 100 share purchase with all the trades done daily and to tie it back to a specific person and prove manipulation. The 100 share trade may be a message to us traders or they are just toying with all of us. ICPA-Punch TV should start tomorrow. Those in the new markets look for it to see if it is real.
When are all the new stations being added in December? The advertising dollars should pick up when they are added. ICPA
Maybe a pump by one of the stock promoters who probably have been accumulating this stock will help. At least we have some assets such as a TV network and a contract with a large ad firm. It's not like we are pushing a silver mine with only proof is a map and a picture of some pretty rocks sitting on the surface. Stock buyback won't work as you need money for that, and with the debt owed to workers, it may take a while to get momentum building. ICPA still has plenty of potential.
Someone buy those 20K at .055 and I'll put mine out there if you need more. ICPA
I agree we need to get word out but I would wait until the Q is released next week. If there is positive numbers then waiting will help push the pps. Seeing the present numbers won't help as their research will show why the price is down here. ICPA waiting. Next Monday is a holiday, but is market open or closed?
Norfolk airport added to CCO (Clear Channel) lineup. Is that one affiliated with ICPA for Travel shows, etc? Keep adding airports and the revenue will keep flowing in. How about adding to the airplanes to view and keep up with info?
Remember the CCO teleconference is Friday Nov 2 at 0900. Will ICPA be mentioned? If so, the momentum should continue. If not, we shall wait and see for the Q.