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  4. Imagination TV, Inc. (IMTV) Message Board

I am taking a wild guess here that Steve is not go

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Post# of 45510
Posted On: 11/16/2012 7:44:47 PM
Posted By: king koopa
Re: Flytastic #10555

I am taking a wild guess here that Steve is not going to answer this.  He can be pretty selective on what questions or from whom he will answer.  But I hope he does.  We all need to take doubling the share structure very seriously in that Steve needs to prove it is for the best, in a timely manner, if it really is.  Maybe you or others that are and aren't ready to just continue to follow blindly after taking this huge blow can help re-post this or similar questions to Steve.  He can't just refuse to answer every one of us if we all feel this way.  If they planned to increase the A/S at some point and everything was well and good it might make sense but to do it now when the revenues haven't caught on just makes it look like the company is in extreme trouble, bottom line.  If they absolutely needed some shares why not do a reasonable increase to make it look like they are making whatever effort they can to preserve value.


Posted On: 11/15/2012 9:39:05 PM







Posted By: king koopa

Re: Steven Samblis #10379




Steve, the bottom line is that we, the shareholders, need to see results of this better deal on funding due to increased authorized shares, in a timely manner. Otherwise, it just looks terrible. You have to consider where we are right at this moment, we have just seen a Q in which revenues haven't really caught on yet and we have a very low stock price (which most expected and that is perfectly fine), but then we see an unprecedented increase in the number of authorized shares. From the outside, where everyone other than you and the company officers are, it looks absolutely terrible. If it really is great for the company like you say I really hope you have planned to prove that to the investment community in a timely manner. Otherwise it looks like any other penny stock that increases the shares dramatically, and I am sure in your experience you know that it really never goes well for any other company. Every company that does it believes it to be in the company's best interest just like you do. You MUST show us why this is different.


Proving why it is such a good thing is even more necessary after you defended the increase from 500M to 2B very strongly in the past. 2B was hard to accept. We trusted you and followed you based on the 2 Billion. Now this is an entirely different ballgame. What was a sensitive topic in the past has just been DOUBLED. I hope that you have a plan to publicly prove why this was good for investors very soon.





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