Not sure, on my phone but I thought all the payments came out to be around 350 million for all the assets, no? I assume one payment would be to the company that was holding the PUNCH TV assets and one payment was to JC.
TBH, I could once again careless. It's Friday night.
People calling all this a BS story, I tend to agree.
JC not paying his employees and trying to take over the company is all BS and something is going on. IMO it all comes down to JC trying to save face to his "Employees" although I don't think they can be classified as that since they are volunteers at this point.
That has nothing to do with PNCH though, that has to do with JC once again showing his greed and not paying his past employees.
End of the story is we bought the assets and have moved forward with them, we did not buy the holding company in which JC has massive debt. We didn't buy their debt we bought the assets it's up to JC and some other company to sort that BS out.
You can call me a Steve supporter if you would like but in all honesty he is in the right in all this BS going on. I never liked JC made that clear from the start of PNCH. Has Steve always done whats best for US the shareholders? No, but at least he has followed through with most of what he has done. Unless you think about the up-listing in which I am still waiting for but don't expect.
The EZ-VIP deal ended up being useless and no one knows who to blame for that but Steve wasn't the one responsible for EZ-VIP and the celebs they couldn't bring to the table. Also that company went no where, so it was a JV that cost us nothing and gave both companies exposure.
Other than that we are on TV, we have products, and we will be the ones collecting the revenue off of the assets. That was the point of buying the assets and the contracts did clearly state any asset PUNCH TV, which we own the rights too, has and makes revenue off of we receive.
PNCH
Market Data 
Markets 
AI
