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???

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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The stupid con the extremely stupid !

Wow… some folks will believe anything.  “Debt restructuring”… REALLY ???  Question for all of you that think this is good news… was any debt “forgiven” ???  Even the bombastic press release didn’t say that !  In fact, the presser didn’t give many details at all, just hype designed for the brain donnors out there.

And… what about this web site???  3 Months to build a web site… that’s laughable!   This is the only aspect that might, just might, indicate Steve Samblis is not involved in the day-to-day running of the company.  Say what you may about Steve Samblis, he knew how to build a decent web site in short order.  In fact he has about a dozen or so right now.  However, until the “Private Transaction” details are released, there is nothing to prove Steve Samblis is not involved any longer.

Those of you who bought IMTV shares, or may be thinking about buying IMTV shares, you might want to read post #123263 over on Investors Hub.  It’s a breath of fresh air from all the hype from the paid pumpers who are likely working on commission from the toxic lending companies, like Asher.  Someone said a billion shares were sold in the pumps, that means there are only 60-billion more to dump.  They are paid to feed you fake news and views to entice you to buy.  They couldn’t care less if you lose your money.

Folks… do your own due-dillagence !  Don’t believe a line of B.S. some anonymous poster tells you on a message board.   Use your common sense and read what the press releases are NOT telling you.  Research the history of this company.  And until you see the terms and agreements of the “Private Transaction”, don’t for one second believe anything has changed with this company.  Even IF there is a new “CEO”, the product they sell appears to be the same…STOCK !  60-BILLION, don’t forget that !

History of misleading information…

Hello folks… well, there hasn’t been too much to write about of late… and I guess that’s the point.  The lack of action seems to be a continuation of previous history.  It seems like the only action of late is the selling of shares to unsuspecting and naive investors that seem to make investment decision on hype rather than real, easily obtainable, information.

Take the poster that posted today about Joe Sirianni’s response to when the websites will be up and running.  The response, in short… take his word for it, they are working hard on them.  So it’s been quite a while since the “Private Transaction” took place, which Mr. Samblis and Mr. Siiranni are calling a “sale”.  And, it been almost 2 1/2 months since Mr. Sirianni announced in his March 29th presser, that the websites would be up and running “within the next 45 days”.

Now… anyone even remotely familiar with websites knows that even a 12 year old can have a website up and running in a matter of hours.  There has been well more than enough time to construct not only a website, but a first class website, so one can only conclude that this whole sale thing is just another effort to gin up support for share sales.  History proves that there will be folks out there that believe CEO hype.  Just a few posts later one can see that a poster admits to “holding so many shares”.  One needs to look no farther than a poster hyping the company than to conclude who was left holding the bag on the last pump and dump.  If you own a ton of shares – at a loss, then the only hope of getting some of your money back is to go on a message board and try and convince some other poor sucker to buy your worthless shares.  And apparently those type of folks are out there !  During the most recent pump and dump millions upon millions of now near worthless shares were sold.  Asher is likely smiling from ear to ear on the way to the bank !

It’s just a shame that folks don’t so so much as a rudimentary Google search on this company and it’s officers prior to investing.  The information is readily available with a simple Google search, or, within this forum.  In this case, a simple Google search to do a little DD could save you a lot of hard earned cash.

Folks… it’s up to you.  Experienced folks can lead you to the water, but they can’t make you drink.  Do your DD !!!  If you have extra money to throw away, please consider a worthy charity.