Look around long enough and you’ll find a Penny stock that you’ve always wanted, but never could afford. For those looking to invest in the TV industry, Punch TV may be for you.

Don’t get me wrong, it’s not a sexy stock like Barista’s Coffee (still the sexiest penny stock ever) , but it’s definitely one with potential to grow as the company moves forward. The network is owned by IP Places. Here’s a brief bio about them:

“ IC Places is a transmedia entertainment complex that produces entertainment content for distribution across multiple mediums. The company trades on the OTCQB: Symbol ICPA. ( www.icplaces.com )

On August 11th 2012, IC Places purchased Punch TV Network giving the company a broadcast TV network available in 50 million households. Punch TV Network has a roster of original programing which includes 36 new dramas, comedies, variety shows, talk shows, children’s shows, and inspirational entertainment.

Through multiple long term partnerships, clips and full episodes of the company’s shows are available to more than 300 million people a month outside the traditional set top box. This exposure serves as both a profit center and marketing component promoting the TV Network, its line up and the company’s new media specific programming across multiple platforms.”

Their slogan is “ Punch TV: A Choice Blend of Urban Television “. Something like the CW? Hmmmm….
Also be sure to use their new ticker PNCH when you look up market news on them. They’re no longer using ICPA. This was recently done, according to reports, to reflect the company’s entrance into the TV business .

This is an impressive network, jumping from 2 million viewers to 59 million within the year. They also have 34 affiliates. Like most networks they provide original programming along with some brands you already recognize. However, the stock itself is still lacking.

--Follow LiveStock On Rant Finance--According to company reports, But, within a matter of less than 13 months, Punch TV has achieved another unusual accomplishment. In October 20, 2011 Punch TV was assessable in 2 million households. As of December 2012 Punch TV will be available to 59 million households. This represents a 2,500% growth rate in slightly over more than 1 year. Through more than 34 affiliates, as well as a contract for direct to homes broadcasting, Punch TV has now acquired affiliates in major markets.

Punch TV (PNCH)

Could this be something special in the future? Possibly. TV Networks that are able to grab a strong backbone with affiliates are great graveyards for oldie but goodie TV Shows, and can grab their own following quick if they’re showing programming that’s exclusive to their network. Punch TV looks like one of those penny stocks to watch . It’s not a mover just yet, but did have a good Spring/Summer run. Afterwards it leveled off around $0.005 and hasn’t made grabbed attention since. It’s stable, one to put on your penny stocks list and worth tuning in to watch ever so often ( couldn’t help myself ).

Their latest operational news consist of two new reality shows announced in November. As per their press release, ” A Taste of Hunney , real life, Los Angeles, California designer, Satai Gordon teams up with celebrity actress Patrice Fisher (Cinemax’s Zanes’ Sex Chronicles ) to produce, market, and sell one of the most daring and provocative lines of women’s lingerie available”, and EROS: Emmanuel and Me , a love story.