Imagination TV Inc. (IMTV)

[Ann1]

Punch is a start-up like ICPA, just beginning to become established and build it's business. It's acquisition was accretive beginning in Q3. The Q was Q3. We saw some revs hit in that quarter, but it won't be anything compared to what we'll see in Q4. Ad revs take time from commitment to actual booking and cash-in-door.

Please be smart about business matters and don't mislead others who might rely on the assumption that someone knows what they are talking about.

FOREVER, longs have said revs will be improving each Q, moreso as things move long. And they have improved in Q3.

They might not be where we'd like them to be, but the biggest issue is CC's delayed installation in airports. They only have a handful of airports up and running. One can assume that once they get more adept at installation, the other installations might not take as long. There is always a learning curve -- especially when you are doing something very different and cutting edge that has not been really done before.

Hopefully we'll hear more about how the CC installations are going before (or after) year end.

For now, I am content to hear how Punch keeps moving into different markets. A bigger audience means more ad revs...so let's go ICPA!