Debilitating debt, and…

Some on the message boards are saying to the bag holders… just hang on, and when this company starts showing revenue… to the moon the PPS will go, and you will be a millionaire.  Yup… as a savvy investor, anonymous posters on a message board is just where you should be getting your investment advice !

IMTV is up to its eyeballs in debt.  The CEO alone has a claim to 240-MILLION dollars in profit.  Who do you think is going to get paid first ???  Yes folks… the CEO of IMTV Joseph Sirianni, according to the most recent Financials filing (HERE) he (as Chairman of the Board) has awarded himself a 240-million dollar golden parachute.  With perhaps another 500-million dollars due him in a stock conversion of “blank check” stock shares that can be converted to Series-A (worth $1.00 each).  Full details are outlined HERE.   WOW… what a sweet deal !

Another detail that is unknown is… if there really was a sale to Mr. Steven Samblis, do you think he gave up the company for free???  There are many that believe there was really no sale, just another rouse played on the novice investors.  Many believe Mr. Steven Samblis is still pulling the strings in the background.  But, just for a second, lets say there was a “sale”.  HOW MUCH was paid ???  Any payment to Mr. Samblis was either in the form of cash, perhaps to be paid based on share sale level, or perhaps super-cheap stock that could be sold back to the market for payment.  Either way, if there really was a sale, the details are “Private” and investors will likely never know how much of the future profit is already under obligation.  Given that IMTV is a non-reporting company, investors will likely never know.   AND… if stock was provided in lieu of cash… how many shares were dumped into the market (or have yet to be dumped) to satisfy this debt?

If overwhelming debt wasn’t enough to scare you away… how about the 61-BILLION (yes BILLION, that is no misprint) shares that are owned by the toxic financiers !  They need to get paid also.  Do you really think they will be “forgiving” this debt ???   It’s very likely that those on the message boards pumping IMTV are working for the toxic financiers.  They are probably working in some boiler room creating fake aliases to make it sound like there are a ton of seasoned investors that have some inside scoop on the company.  You should be suspicious of anyone who comes on a message board and says he’s buying the stock.  If you were really buying the stock you would just buy it and shut up… you don’t need to tell the world about it.

Folks… do your own due-diligence.  Let the documents speak for themselves.  Supporting documents are available will a simple Google search, and documents don’t lie.  Not hype – REAL DOCUMENTS !  Read them and make your own decisions.  Read a few of the posts on the message boards, they are full of admitted bag holders.  You should at least consider someone brave enough to admit to the world that they made a really bad decision by being caught up in the hype and bought something they now regret.  Do you really think this company has a bright future saddled with this much debt, shrouded in secrecy with “Private Transactions”, and the ridiculous amount of shares yet to be dumped into the market???

Yet another worthless press release !

Yes folks, we just wrote about this last night, and here is the latest example of such.  The press release is here.  Please take a look at it.  Here is an excerpt:

First, I know that shareholders are concerned about the Company’s debt existing prior to me coming aboard and this is a Company priority. I understand the concern and I have successfully secured an amended note with respect to one note holder. I am attempting to negotiate new debt terms with other note holders.

Mr. Joseph S. Sirianni states he successfully negotiated an amended note – with 1 of the many note holders.  Big deal… what about the other half-dozen or more notes???  AND… does he state any debt was forgiven???  No, he does not !  Does he state any less shares were pledged?  No, he does not !  So… where’s the big news ?  OK… so your credit card company says you can skip a payment on the outstanding balance… what does that do for you?

You gotta love this next line…

We also plan on establishing new business units within the cannabis industry.

Here we go with the “plan” again.  A plan, if there is one, is simply a grain of sand on the beach of failed plans from this company.  Oh, what’s that you say… those failed plans were under the leadership of Mr. Steven Samblis, and Mr. Joseph S. Sirianni is a completely different CEO?  ROTFLMAO… produce the documentation that Mr. Steven Samblis is not still involved.  There is zero evidence that he is not, and much to indicate he is.  Ask yourself, WHY was there a need to have a “Private Transaction” between the two?  What don’t they want you to know ???  You can bet whatever it is… it’s not in the investors best interest or they would have been eager to publish it, AND, file a copy with the SEC.

And finally, there is this…

Mr. Areco has been working closely with our developers to build out the 808hitz.com platform.

Wait… isn’t this the same website that Mr. Joseph S. Sirianni said on March 29th 2017 that the websites would be up and running in the next 45-days?  Now come to find out they are still “developing” it.  AND… by the looks of the one website they did develop, it looks like they spent about an hour on it.  You can download FREE websites that look better than that one.

Folks… don’t fall for the hype from some anonymous poster on a message board.  Those pumping the IMTV company are likely trying to sell those 50+ BILLION shares still remaining to be sold from the toxic financiers.   Or, those that bought the shares at the height of the pump and now are trying to unload them to limit their losses.  Do some simple Due Diligence… Google IMTV and Mr. Steven Samblis and decide based on facts and documents… not a paid pumper’s deception.

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CEO guaranteed $240 million !!!

Yes folks… the CEO of IMTV Joseph Sirianni, according to the most recent Financials filing (HERE) he (as Chairman of the Board) has awarded himself a 240-million dollar golden parachute.  With perhaps another 500-million dollars due him in a stock conversion of “blank check” stock shares that can be converted to Series-A (worth $1.00 each).  Full details are outlined HERE.   WOW… what a sweet deal !

AND… don’t forget about the 61-BILLION shares already pledged to the toxic financiers.  Looks like during this most recent pump, only about 5-billion have been sold.  That leaves about 56-BILLION to go.  Those folks who don’t do their homework are thinking they are buying from retail buyers just taking some profit.  Little do they know they are likely buying the diluted shares from the likes of Asher.  (for those of you who don’t know who “Asher” is… Google Asher Enterprises).  Just ask yourself… with over 5-billion shares sold recently… why is this stock circling the drain back to the trips?

Also… read the press releases carefully.  Ask yourself, why does the CEO use the words he chooses?  There is no substance in the releases, just hype.  Hype with words that can have multiple meanings.  AND… ask yourself, WHY these press releases are not filed with the SEC?  Notice the wording on the latest press release… they “signed an agreement”.  Agreement to WHAT ???  Where is the agreement?  An “agreement” simply means the parties agreed to something.  Do some research on the history of IMTV and their “Letters of Intent” (i.e. Agreements).  There are a ton of them, and not one became a reality.

Folks, you can listen to the pumpers on investment boards, who are very likely paid professionals on commission to sell converted shares (dilution shares) or simply seasoned pumpers shilling to sell their own shares for a profit.  Remember… one mans profit, is another mans loss.  Don’t be the looser, check out the multitude of other stocks that have a much better track record.  IMTV has caused a lot of heartache for a lot of people.  Don’t simply buy the hype of a paid pumper… do you own homework.  Google IMTV, and Steven Samblis.  There is plenty of data on the web that documents the history of this company (IMTV).

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