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Imagination TV, Inc. IMTV
Posted On: 08/23/2012 7:32:39 PM
Post# of 45510
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Posted By: perchy
Re: perchy #4766

Punch TV -- The 8k indicating an LOI to acquire is, as of TODAY, a DONE DEAL. It will be closed by Q3 and from that moment will be accretive to earnings to the tune of an additional $10-15 million in a year (Sept. to Sept.). The following year those revenues will be even greater, estimated to double by Mr. Collins, but IMO, that estimate is probably low with Steve on board. Oh and best of all, there will be no dilution. It's a stock deal and that stock is restricted!!!!!! FLOAT DOES NOT CHANGE. I REPEAT FOR THE SLOWER LEARNERS....FLOAT DOES NOT CHANGE!!!!!!!!!














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