Punch TV. Think about this: we own a TV Network,
Post# of 45510
Punch TV. Think about this: we own a TV Network, yet ICPA shares trade under 1 cent. Seems pretty obvious to me that there is huge upside potential for the stock price based on Punch TV alone...let alone all the ClearVision stuff.
Please reread the items in bold; especially the last line from this excerpt from the ICPA / Punch TV PR:
IC Places Completes Assets Purchase of Punch Television Network
via PR Newswire
July 10, 2012
IC Places, Inc. is pleased to announce it has completed the purchase of the assets of the Punch Television Networks . The assets included all television station licenses, re-broadcast agreements, broadcast equipment, rights to all television shows on its roster and all current advertising contracts.
During the transition, the Punch Television Network will continue the regular broadcast schedule with the addition of the weekly half hour entertainment news show "The Hollywood Fast Lane."
"This has certainly been the biggest step in the life of IC Places," said Steven Samblis, Chairman of IC Places, Inc. "Merging new media with traditional television we extend the our brand experience to every walk of life. Capitalizing on in-home and out-of-home touch points we will now reach people from the moment they wake up until the time they fall asleep at night. With this new immersive network, we will be able to take any advertisers needs and market them across all the demographic profiles. "
About Punch Television Networks
Launched on Wednesday, October 19, 2011, shortly after Columbus Day, Punch TV is, in many ways, also an explorer. Instead of spending the normal costs of $100 million to launch, Punch TV spent $10 million. Rather than launching by airing re-runs of popular and loved shows, Punch TV has 70% original programming.
And now, Punch TV Network extends its originality even further when in May of this year the company introduced its Fall lineup of shows to prospective advertisers and/or their representatives. The success of the Up-Front resulted in commitments of twelve million dollars in advertising dollars to Punch TV's fall line-up of shows.