I want to address the reason our share price is currently

New Post Public Reply Private Reply Replies (4) Message Board
ICPA

I want to address the reason our share price is currently down.  We released the best Q we ever have yesterday, so why are shares down?

There is a very simple reason which will fix itself shortly.  When people buy shares of ICPA in the open market, Market Makers will fill these buys based our the current market price. About 30-40 percent of the time the market maker does not have the shares yet that he sold you. He will go short and cover later.   They do this to maintain the market and they know they can cover later.

Also, when you look at a level 2 quote system there are 12 market makers.  And they put up Bids and Asks at every level. Right now half the market makers have no bids or asks.  (I will explain this in a second)

This is a report from November 13th just a few days ago.  You will see that they filled orders short about 1/3rd of the time.  This is normal business and it a way to support our market.

Total Trading Volume:  3,011,238
Daily Short Volume: 911501
Avg. Price of Shorts Today:  0.008
Short %: 30.27
Volume at Offer:  1965288
Buy%:  65.270
Volume at Bid:  1045950
Sell%: 34.730
Shares Crossed: 0.000
Cross%: 0.000

In the Q we stated the following....

On October 31, 2012 the Company’s Board of Directors approved the amendment of the Company’s Certificate of Incorporation to
change the Company’s name to IC Punch Media, Inc. and to provide for a class of “blank check” preferred stock. The Company
is authorizing five hundered million (500,000,000) shares of preferred stock, par value $.000001.

When we do our name chance to reflect the new direction of the company, we will receive a new symbol and cusip number.  At that time everyone's shares sitting in brokerage houses will be automatically sent to our transfer agent and a new certificate with the new name and cusip number will be issued. We will then begin trading under the new symbol. The process takes about a day.

Until that happens market makers many step away from some of their support and fewer will sell shares short to fill buys with shares they do not have. That is what is happening right now.

This is the most recent report from today.  You can see the short position has dropped to 16%. So they are not filling orders short.

Total Trading Volume:  13788824
Daily Short Volume: 2329716
Avg. Price of Shorts Today:  0.006
Short %: 16.90
Volume at Offer:  2839810
Buy%:  20.600
Volume at Bid:  10949014
Sell%: 79.400
Shares Crossed: 0.000
Cross%: 0.000

So what has happened is the market makers that are short will want to buy back in cheap as they can knowing soon this current symbol will change and if they hold shares short on the last few days before the change over they can be stuck buying in at market.

If you have level 2 quote you can see this very clearly.

The good news is as soon as the name change, cusip change and symbol change happens this all will go back to normal and they will return to supporting the shares.  The process will take around 22 days.

Imagination TV, Inc. (IMTV) Stock Research Links

IMTV Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

JiMMYBAR! Expands Creatine Market with Target Launch

Updated Category News Views 13

JiMMYBAR! Breaks New Ground in Supplements You ever notice how some companies just know how to shake things up? Take JiMMYBAR!, for instance. The moment I read they’re making moves to get their Creatine + Protein bars into Target stores nationwide, starting October 4, I thought, “That’s one way to drag creatine out from the dusty tub and onto the shelves of...

Continue Reading
Bob Evans' Protein Mac & Cheese: Practical Power Play

Updated Category News Views 18

Has anyone else noticed just how fast the world spins when it comes to consumer trends these days? Bob Evans is hopping right on the protein bandwagon with its latest launch, a microwave-ready Protein Macaroni & Cheese that packs 18 grams of protein per serving. You gotta hand it to them for seizing opportunity when they see it. This one's not just about tossing a new...

Continue Reading
Cure Blindness Project's 770K Screenings for World Sight Day

Updated Category News Views 13

Visionary Steps Toward a Brighter Future No two words could describe the task that Cure Blindness Project is tackling this year: vision and action. Marking World Sight Day on October 8, they plan to usher in 770,000 eye screenings across Asia, Africa, and the Caribbean. These initiatives aren't just numbers—they're a colossal step toward lifting the veil of avoidable...

Continue Reading
Truss Financial Tackles Home Equity Closing Delays

Updated Category News Views 18

Truss Financial Group's Bold Move Against Closing Delays In real estate, time is money. Even the most casual market observer could tell you delays can slice through a deal like a hot knife through butter. That's the headache home equity borrowers face, blindsided by closing delays that sneak up on them without warning. An Industry Bottleneck Finally Addressed Enter Truss...

Continue Reading
TA Services Strengthens U.S.-Mexico Freight Operations

Updated Category News Views 11

TA Services Moves Boldly Across Borders If ever there was a time to play the logistics chessboard like a champ, it's now, and TA Services just slammed the board with a solid move. They've grabbed Carmen Pacheco Transportation and Interload Forwarding, two family-run operations with some real muscle in North American logistics. This isn't a small-time maneuver; they've...

Continue Reading
Karoo Health Leaps Forward with New CCO Breton

Updated Category News Views 10

Change of Guard in Cardiac Health at Karoo Here's a move that might shake things up in the healthtech sector: Karoo Health just snagged Angela "Angie" Breton as their new Chief Commercial Officer. It's like putting a seasoned captain at the helm right before setting sail on uncharted waters. Breton's not just any captain—she's got a hefty 25 years of experience...

Continue Reading
Navigating Holiday Sweets: Healthy Balancing Acts

Updated Category News Views 11

In the middle of the sweet madness that is the holiday season, Crispy Green and Dr. Nicole Avena are playing guide to families drowning in sugar. This isn't just a once-a-year Halloween headache; we're starting that sugar spiral early and letting it ride until the New Year approaches. It's an all-hands-on-deck situation if families want to dodge that sugar overload. Why...

Continue Reading
Pushing for National Liver Cancer Awareness in 2026

Updated Category News Views 11

The Urgency of Liver Cancer Awareness Death doesn’t wait, does it? When liver cancer is the villain in question, every moment becomes precious because this beast doesn’t roar until it’s too late. Here we are in 2026, staring at nearly 31,000 annual deaths in the U.S. alone. But hope flickers with a new congressional resolution aiming to slap a bright spotlight on...

Continue Reading
Dentistry.One Achieves HITRUST i1, Boosts Cybertrust

Updated Category News Views 7

HITRUST i1 Certification: The Gold Standard in Security For a world increasingly reliant on digital infrastructure, cybersecurity certification is no longer just a badge of honor; it's a cornerstone of trust. Dentistry.One nailed this down by bagging that coveted HITRUST i1 certification. When folks talk about securing data, HITRUST might as well be speaking gospel. We're...

Continue Reading
Community Banks Missing $106B Lending Opportunity?

Updated Category News Views 14

A Missed Opportunity for Community Banks It's a classic tale: community banks sleepwalking while big players snatch up low-hanging fruit right in their own backyards. According to the latest report by Cornerstone Advisors, commissioned by Teslar Software, these banks are essentially leaving $106 billion on the table when it comes to consumer lending. That's not just chump...

Continue Reading

Top 5 Most Recently Viewed Articles

Siili Solutions Plc Announces Successful Share Buyback Plan

Updated Category News Views 154

Siili Solutions Plc's Share Buyback Initiative Siili Solutions Plc has made headlines with its recent share buyback initiative, which occurs after careful planning and consideration of market conditions. The company's commitment to enhancing shareholder value through strategic financial maneuvers highlights its proactive approach in the competitive landscape of technology...

Continue Reading
Reddit Inc Surges After Strong Financial Results and Outlook

Updated Category News Views 189

Reddit Inc's Stock Performance and Recent Highlights Shares of Reddit, Inc. (NYSE: RDDT) are on the rise following an impressive financial report for the third quarter. The company managed to exceed market expectations with both its earnings and its future sales guidance, sparking investor enthusiasm. Impressive Q3 Financials In the recent earnings announcement, Reddit...

Continue Reading
Sportradar Faces Securities Lawsuit Amid Fraud Allegations

Updated Category News Views 7

The market's a tough symphony, and this week it's playing a bit of a dirge for Sportradar Group AG. The game-plan shock came after revelations that Sportradar—once a market star—may have been dabbling in the felonious, using black-market gambling to grease the wheels of their revenue machine. Digging Into the Allegations Here's the naked truth laid bare: Sportradar's...

Continue Reading
Investors Eye Sotera Health for Potential Growth Amid Discounts

Updated Category News Views 102

Renewed Focus on Sotera Health Company Sotera Health Company (NYSE: SHC) is gaining renewed interest among investors. As litigation risks decrease and free cash flow improves, the market is honing in on its integrated sterilization platform. This, alongside its loyal customer base and a robust business model, suggests that Sotera is poised for a valuation reset as...

Continue Reading
Transforming $100 Into Wealth With Charles Schwab Investments

Updated Category News Views 365

The Remarkable Growth of Charles Schwab Stock Over the past 20 years, Charles Schwab has consistently outperformed the overall market, showcasing a remarkable annualized return of 10.34%. This impressive performance has led to a market capitalization of approximately $141.73 billion. Understanding how this growth can translate for individual investors can provide valuable...

Continue Reading