Somebody needs to remove these posts and ban this guy. He or she does not have the right to come here and be disrespectful to the posters here.
So this is clear to people like this poster. We bought a TV network last year. Average start up cost for a network based on all the data I could find is around 100 million. I put this deal together for around 6 million we acquired the assets to give us a national TV network. . We showed that purchase as a loss on our K. That is how accounting rules work. But we did go from only 50 k in revenues to 195k.
We are a larger company then we ever have been. We are making money for the first time in years and we have dramatically increased our assets. Simply. this is the best year we have ever had.
(news)many dd's,one post from ceo,and plus
News for 'ICPA' - (Punch TV Stuns the Industry with its Phenomenal Growth of 2,500% In a Year)
LOS ANGELES, Nov. 20, 2012 /PRNewswire via COMTEX/ -- It was only 13 months ago
that Punch/IC Places OTCQB: ICPA became an official part of the world of
television broadcasting. Providing 24 hour 7 days a week, entertainment, Punch
TV immediately distinguished itself thru its extraordinary programming strategy
although an infant network, Punch TV like the giants in the television industry,
entered the market with 70% original programming. But, Punch TV also defines its
position in the market in another way. Recognizing the shifted demography in the
country, Punch TV targeted the new Urban American-Latinos, African Americans,
Asians, Caucasians, and others who share a preference for edgy, non-mainstream
programming.
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. These
include...
Affiliates to begin broadcasting December 2012:
Station City/State Channel Ranking * TV Homes
WYGA ATLANTA , GA 16.3 9 4,326,840**
KVAT AUSTIN, TEXAS 17.1 45 705,280
W25DW CHICAGO, ILLINOIS 25.4 3 3,484,800
KHPK DALLAS, TEXAS 28.4 5 2,588,020
K05MD DENVER, COLORADO 5.2 17 1,566,460
KNBX LAS VEGAS, NEVADA 31.4 40 718,990
KTAV LOS ANGELES, CA 35.6 2 5,613,460
KHDTV HIGH DESERT LA, CA TBA 2,000,000
W16CC MIAMI, FLORIDA 16.6 16 1,621,130
KTOU OKLAHOMA CITY, OK 21.4 41 718,770
K25WM PHOENIX, ARIZONA 25.2 13 1,812,040
KBTV SACRAMENTO, CA 8.2 20 1,387,710
KSAA SAN ANTONIO, TEXAS 40.5 36 881,050
K26DK SAN JUAN, PR 25.3 N/A 1,580,184
KUSE SEATTLE, WA 46.6 12 1,818,900
KPTN SAINT LOUIS, MO 36.4 21 2,000,000**
KTAM TAMPA, FLORIDA 30.2 14 1,806,560
Current on air Punch Affiliates:
Station City/State Channel Ranking * TV Homes
WBQP PENSACOLA, FLORIDA 12.1 60 527,930
KLNK LUFKIN, TEXAS 48.2 200,000
WBWP PALM BEACH, FLORIDA 57 38 794,310
KGMC FRESNO, CA 43.1 55 576,820
WHPR DETROIT 33 / Cable 11 1,842,650
KUTB SALT LAKE CITY, UTAH 18 33 917,370
K45IY ALEXANDRIA, LA 35 179 (Three
K31HO SHREVEPORT, LA 31 82 Combined
K45IM MONROE, LA 45 137 1,500,000***)
KCTU WICHITA, KANSAS 43.2 66 454,590
WKNI ANDALUSIA, AL 25.1 100,000
KSCE EL PASO, TEXAS 38 90 339,130
KJJN DOTHAN, AL 56.4 169 109,080
WNYN NEW YORK, NY 39.2 1 7,384,340
KMTP TOPEKA, KANSAS 21.2 136 176,160
KMCA CHICO/REDDING, CA 10 131 194,590
KACN ANCHORAGE, AK 33.3 145 156,280
KVQT HOUSTON, TX 21.5 10 2,215,650
KAOB BEAUMONT, TX 27.4 141 168,420
Satellite Direct to Home 2 5,000,000
Total TV Homes: 59,902,174
*Based on Nielsen - "Local Television Market Universe Estimates Comparisons of 2011-12 and 2012-13 Market Ranks"
** Includes Suburbs
"This milestone is a critical step in the growth of the Punch TV side of our
business," said Steven Samblis, CEO of IC Places, Inc. "The tremendous effort it
took to reach this milestone shows our commitment to increase revenues by
tapping into National Advertisers."
About IC Places:
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. Punch TV Network has
a roster of original programming which includes 50 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 people 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.
IC Places Safe Harbor Statement
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements are based on the current
plans and expectations of management and are subject to a number of
uncertainties and risks that could significantly affect the company's current
plans and expectations, as well as future results of operations and financial
condition. (A more extensive listing of risks and factors that may affect the
company's business prospects and cause actual results to differ materially from
those described in the forward-looking statements can be found in the reports
and other documents filed by the company with the Securities and Exchange
Commission.) The company undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information, future
events or otherwise.
Contact Information: IC Places, Inc. www.Punchtv.net Steven Samblis Joseph
Collins 562-424-4597 Press Inquiries: info@icplaces.com
SOURCE IC Places, Inc.
www.prnewswire.com
Copyright (C) 2012 PR Newswire. All rights reserved
Joseph Collins
| fisherman |
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