Emotions running the spectrum.

I wasn't really too surprised. I figured a revs increase, hoped for more but at least it went the right direction, also figured the assets would go up, that was good. Knew the SS would change, didn't think that much though. That incited panic. Many aren't buying Steve's explanation.

Far as I'm concerned: Q ended Sept, Punch TV barely started, couldn't have been much in the way of ad revs, CV just got RDU up and running, couldn't have been revs from there either.

IMO until ICPA realizes at least 9 months of ad revs from Punch and 25 airports on the way to the 280 that has been talked about we will stay in low penny land.

I got some friends (like you 34) into this as well. I cautioned them that this was long term, at least till 2nd qt 2013, and to remember it is a gamble. If we are looking to make the kind of money we are all talking about it isn't happening anytime soon and we may very well lose money in the meantime, if that bothers you don't invest here.

I don't like the SS but I'm more concerned about adding airports and Punch TV expanding their reach.

If the 2nd qt 2013 Q (out August 2013) doesn't reflect the above then I think  ICPA is in real trouble. That gives them time to add airports and for Punch to expand and show the ad revs that it appears are there.

I can watch Punch TV and if I flew through RDU I could watch our shows. Thats enough for me hold my investment.