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IC Punch Media, Inc. (PNCH)
Greenbackers, PennyStocks24, StockHideout, Stock Analyzer, Stock Twiter, Stock Roach, OTPicks, Penny Dreamers, PennyStockSpy, and Penny Champions reported earlier on IC Punch Media, Inc. ( PNCH ), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.
Founded in 2005, OTCQB-listed IC Punch Media, Inc. is a transmedia entertainment complex that produces entertainment content for distribution across multiple mediums. The Company formerly went by the name IC Places, Inc. They changed their name to IC Punch Media, Inc. in October of 2012. The Company is based in Los Angeles, California.
One of the core components of the Company’s multiple platform approach is IC Places 350 city-based websites. IC Punch Media owns and operates a network of city-based websites for business and vacation travelers, and additionally, local individuals. These online “websites/TV stations” offer virtual keyhole views of life in each community they serve. They deliver Punch TV to communities in which the network is not currently available by way of traditional methods.
Through multiple long term partnerships, clips and full episodes of IC Punch Media shows are available to more than 300 million people monthly outside the traditional set top box. This exposure serves as a profit center and marketing element promoting the TV Network, their line up, and the Company’s new media specific programming across many platforms. The Punch Television Network broadcasts 24 hours a day, 7 days a week, in dozens of cities.
In late September 2013, IC Punch Media announced that they acquired the rights to 2,000-plus hours of video content for the Company’s VU Television Network. The contract was signed with SpaceWoW, Inc. in September. SpaceWoW is a U.S. and Foreign sales company. They represent Film and TV producers and studios worldwide in licensing their movies and shows to a global cliental. The content is a combination of TV Series, Specials, as well as Interstitials.
VU Television will receive 200 new hours of the 2,000 hour library each month, with final delivery of 250 hours on the tenth month. VU Television will have the right to broadcast the library content unlimited times for three years from the time of delivery on any platform. These platforms include TV, Airport Networks, and online.
IC Punch Media, Inc. ( PNCH ), closed Thursday's trading session at $0.0002, even for the day, on 2,191,665 volume with 4 trades. The average volume for the last 60 days is 26,616,471 and the stock's 52-week low/high is $0.0001/$0.016.
reference source
http://www.qualitystocks.net/newsletter/112113.html