ICPA(HOT) Stock Traders Talk Interview summary -6/

ICPA(HOT) Stock Traders Talk Interview summary -6/7/12

Spread to wall street if you can!

with Steve Samblis (CEO of ICPA)

Thanks to Ann1 and judgesmails for their summaries below:

By Ann1:

Here's what's solid.

Clear Channel deal - $50 million in revs at full rollout (more now that the deal has been expanded to included the healthcare arena as well as airports)

Punch TV -- The 8k indicating an LOI to acquire is, as of TODAY, a DONE DEAL. It will be closed by Q3 and from that moment will be accretive to earnings to the tune of an additional $10-15 million in a year (Sept. to Sept.). The following year those revenues will be even greater, estimated to double by Mr. Collins, but IMO, that estimate is probably low with Steve on board. Oh and best of all, there will be no dilution. It's a stock deal and that stock is restricted!!!!!! FLOAT DOES NOT CHANGE. I REPEAT FOR THE SLOWER LEARNERS....FLOAT DOES NOT CHANGE!!!!!!!!!

EZ-VIP - more revs

athletepromotions - more revs

SelfHelp - sold to ICPA for a buck, makes money, more revs

A non-producing, non-money-making network sells for $1 billion +. ICPA will be profitable, making money and is currently valued by the market at $34 million (.055/sh x 660 million float). If you do the math, ICPA shares are worth more than $30/share!!!

NASDAQ by end of next year, Steve's stated goal, should be a BREEZE. It only needs to be $4/share! Peanuts to ICPA's true worth!

I think it was a solid interview. Nothing new, other than the Punch TV deal is happening, not just intended. That's news and once again, by listening to the STT interview, we know about it first! It would seem PR-worth, no? Priday perhaps??

Go ICPA!!!

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By judgesmails:

My notes from the interview (might include some things not mentioned by Ann1):
-Clear Channel meeting Monday next week.
-Punch TV / ICPA merger is a done deal. Press release next week. Will be finalized formally in early July.
-All Punch TV assets now part of ICPA.
-Punch TV staff & shows now all part of ICPA.
-Joseph Collins (I think I got the name right), Punch TV owner is now a partner with Steve.
-Shares will be issued to pay for the deal, but THE FLOAT WILL NOT CHANGE.
-Punch TV is a multicultural station broadcasting throughout the US & also the Caribbean.
-Revenues: $10 - $15 million per year starting this Fall.
-Punch TV (&, therefore, ICPA) own most of the programs shown on Punch TV.
-50 million household viewership.
-3rd largest 'urban TV' network.
-Warner Brothers: no specifics given, but Steve considers them to be his 'tighest' connection. Wow...considering how well he is connected.
-Steve plans to have ICPA on NASDAQ by the end of 2013.
-Clear Channel & restaurant TV (or whatever that division is called) will be used to promote Punch TV shows.
-Steve concluded by stating that acquiring Punch TV today completes one of his biggest lifelong dreams.