Back in around the time Samblis split from Collins, a new strategy was adopted, and that was, to cease releasing any non-formal company news and achievements in venues such as message boards and social media. The new strategy was to only issue formal press releases for any news about the company. Many now ask… how is that strategy working?
Some, maybe many, say… not so good. In late April / early May of this year, the Collins/Samblis split occurred. At that time PNCH share price was around .005. And April 1st. through about mid April, the PPS was over a penny. Now, early August, the PPS has hit the tripps, after trading sideways in .001 range for quite a while previous to hitting the tripps.
There hasn’t been a formal press release since June 24th, when PNCH announced its partnership (or more specifically a Letter of Intent to partner) with China’s Investment Advisors Ltd. Beijing. In contrast, PunchTV (Samblis’s nemesis) has released 11 press releases in July alone, and another 2 in August already (and its only August 2nd. today). You may verify such here.
Additionally, while one CEO is being recognized by the California Legislative Assembly (see article here), our CEO releases predominately news of his association with the Hollywood personalities, in association with his Hollywood Fast Lane host duties. Quite the contrast some would say.
It seems hard to believe that there has been NO news or accomplishments since June 24th. If that is accurate, anyone who has a job can relate this to telling your boss that you have no accomplishments in over a month. How much longer do you think you would be working there if you could not produce at least 1 accomplishment in a month? Now, if there have been accomplishments in the past month… it begs the question… WHY haven’t these accomplishments been publicized ???
It appears the new strategy has not proved successful ! It may be time to rethink that strategy. It is hard to argue that the association of the limited press releases and the low PPS are not related. There has certainly been ample testing time to gather the data from the effort, however at some point Mr. Samblis needs to see the results of this new strategy, and understand that while it was a plan that might have had potential, and was worth testing, it is clear now that the effort has not been successful.