Liar, Liar… Pants on Fire !

Well, Mr. Steven Samblis, CEO of Imagination TV (formally IC Places, Inc.) has put out a challenge over on Investors Hub.  He states… opps, we mean SunTzueyes states (lol) that he has never told a lie about his management of his company.  Let’s see if we can’t put an end to this here and now.

We are reminded of the similarity between Mr. Samblis, and President Obama and his administration.  If you follow politics at all you have undoubtedly heard about  the now proven lies Mr. Obama and his administration told about his signature piece of legislation, Obama-Care.  If you like your doctor – you can keep your doctor.  If you like your health plan –  you can keep your health plan.  PERIOD !  Obama-care will save each family $2500.00 a year.   Again, thanks to Mr. Gruber we now know it was all a pack of lies.  Yet the Obama administration continues to this day to extol the benefits of the plan, and pivots away from addressing the facts of how their own adviser (Mr. Gruber) states (on video) that they needed to lie about the law because the American people were too stupid to understand what was good for them.  Remind you of anyone ???  We see striking similarities between the Obama administration and the Samblis administration time after time.

First, as an aside, Mr. Samblis… please give us your definition of a lie.  Since you think you have not lied, you must have a different definition of what a lie is in contrast to so many others who have cited situation after situation in which they feel that you have lied.  Please… define “lie”for us, and it would be great if you could give one or more examples of situations you cite as lying so readers can get a feel for what your definition of a lie is.

Additionally, you have insisted of posters to post proof of what they believe are situations you have lied about.  Well, as seen below, (and multiple other times), you have called Mr. Collins a liar and a thief…. yet you, who calls for others to prove their statements, offer no proof that Mr. Collins lied and stole.  Are investors simply to take your word for it?   Why not live by the rules you place on others ???  You made the accusations… now provide the proof to support your accusations.


Now… on to the lies… with proof !

1) Let’s start with this lie first.  In this post here, you state Mr. Collins was fired (in addition to calling him a “crook” and a “liar”), yet you offer no proof in support of your statement.   In post #30929 on Investors Hub (which has since been deleted for an unknown reason), however available here, it appears, by your own words, that Mr. Collins in essence quit.  After all – it was Mr. Collins that rescinded the purchase, not you.  You boast about how stupid he was in doing so.  So… were you lying then, or are you lying now?

2) Departure of the previous president of your company.  In our post here, we provide multiple documents refuting your statements that you fired the previous president, when in fact we provide that actual resignation letter, and not only does the past president indicate she resigned, but there is corroborating witness testimony that this was what actually happened.

3) Your Employment Contract.  You state in the August 12, 2011 Quarterly report filing here, that “The company does not have employment contracts with its majority shareholder, who is the executive officer.“.   Then…the public filing dated 11/14/2012 states the following:On November 18, 2005 the Company entered into an employment agreement with Steven Samblis to be our Chief Executive Officer.”.  So… we‘re you lying on every SEC filing prior to 08/12/2011… or were you lying on the  11/14/2012 filing???

4) Lawsuits against the company:  The recent SEC filing, the 10K (see here), as well as the previous filing, the 10Q (seen here) there is NO mention (or can be said, “disclosure”) that there is in fact a legal proceeding against the company.  See it here.  In fact, the filings state..  “We are not engaged in any litigation, and we are unaware of any claims or complaints that could result in future litigation.” (emphasis added).  Then… it becomes known that there was in fact litigation that had occurred during these 2 filing periods.  See details here.  So… we’re you lying on the filings, or are the court documents lying???  Were you lying when you agreed to a settlement, then defaulted on that settlement agreement?

5)  Reverse split:  This one doesn’t even need any document references here.  As everyone knows, there were a vast number of posts over multiple message boards where you stated you would not do a reverse split of the stock.  In several instances you used the word “never” in reference to the possibility of a reverse split.  This was likely the topic that you most addressed in your message board posts, and steadfastly disputed anyone that would even hint at you doing another reverse split.   Then… as everyone knows, on March 27, 2013 you do a reverse split. (followed by another one 7-months later on 10/17/2014.

6) Then there is this post:


In this post you state Larry tried to sell you the website.  Then… Friends posted the actual email exchanges between you and Larry, which clearly demonstrate you were not being truthful.  (See them here.)  As can be clearly seen, a) Larry did not contact you to sell the sites… YOU made the initial contact and requested a purchase… several times, before Larry agreed.  And b) referring to the “hugely inflated price” as you like to state and post… an agreed upon price of $1500.00 was struck.  However, due to your message board posting where you blatantly disrespected Larry… Larry cancelled the deal.  Then you later (October 27, 2013 email) offered over three times that amount, voluntarily, to purchase the sites, but that offer was refused (see the next email).  Clearly, you have lied about actual events surrounding the purchase of those sites.

7)  Finally, for the biggest lie of all (as if the above several weren’t enough to prove the point)… your use of bogus aliases (mrighttrade, dotd ,zurich, Bzippy,  FLWright and of late SunTzueyes).  The only proof needed for investors is for readers to simply READ the posts of the bogus aliases.  It is obvious to most all that these posts were made by you, yet you vehemently deny such, as you are likely aware that being caught doing such would land you in some serious legal trouble.  We are confident that at some point concrete proof will become available that proves beyond a shadow of a doubt that these posts were posted by you.  Although the average investor may not have the power or authority to secure such documentation, and you may feel you have gotten over on them,  the US Government does have such power and authority, and someday you may regret having done so should they choose to pursue the issue.  The way you appear to thumb your nose at the SEC, we feel it’s only a matter of time before they address the issues with you and your company, just as they have previously.  Perhaps they will feel you didn’t learn your lesson the last time they cited you.

Now, as most of you know, we could go on and on giving example after example of instances of where Mr. Samblis was, shall we say, reckless with the truth, including omissions of clarifications such as the $192,000 per airport statements you let stand without correcting such.  Although some of these additional instances would be open for dispute, we think there are no better examples of questionable actions, that many would call lying, then the instances involving the SEC reporting (and ones with supporting documents proving lying) .  These SEC reporting discrepancies are clear, documented, and clearly a misrepresentation of the facts.  Many would say a blatant disregard and disrespect for the authority of the SEC, and investors in general.

So… stickie or bookmark this one because you know this issue will come up again (and again), because just like the Obama administration’s concept in addressing integrity issues, they double-down on the lies in hopes that you are stupid enough to someday believe them if they say it often enough.

We will end with this quote from the announcement of Joseph Collins as President of IC Places, Inc… (see it here)

“IC Places welcomes the addition of Mr. Collins’ wisdom, tenure and leadership in the entertainment industry to the IC Places community,” said Mr. Steve Samblis, CEO and Chairman of the Board of IC Places. “Mr. Collins is an innovator and trailblazer in the industry and he will be an integral part of the IC Places/Punch team as we continue to further capitalize on our company’s entertainment offerings.”

There are those that think Mr. Collins is a proven leader, as Mr. Samblis apparently did, however now they think that Mr. Samblis is a proven loser, having destroyed the company to the point that after 4 reverse splits of the stock, several name changes of the company, and several ticker symbol changes… the stock is currently selling for under a penny, and volume is almost non-existent.   Conversely, Mr. Collins company is coming on strong with bold initiatives such as taking his company public.  Only time will tell who is the proven leader, and who is the proven loser.

Imagination TV… same actors – different movie !

Yes folks… IC Places, Inc. CEO Steven Samblis has changed the name of the company AGAIN !  The below post sums the move up best…


You can put new tires on your car, but if it has frame damage and needs an alignment… the tires will still wear just the same !   Although the company name has changed, and the ticker symbol will change… it’s still the same CEO, Mr. Steven Samblis.   Like they say… doing the same thing over and over and expecting a different outcome, is simply insanity.

If you care to check out the company’s new website, here is a graphic of Imagination Television.  Link here.


Oh… wait… that’s the REAL Imagination TV that has been in business for over 10-years.  Wait… what… did Mr. Samblis hijack the name of the REAL Imagination TV?  If so, that’s not using his “Imagination”, that’s… well, something else.

Folks… don’t be fooled.  This appears to be an attempt to throw some new paint on that old junker with frame damage.  You can reliably predict the tires will be bald just a fast as the last set.  Maybe its time to get a new ride.  Something with some class, some speed, some luxury, and most of all… good looks !  After all… bald tires just don’t look good !

ANOTHER Reverse Split !

Well folks… he did it again.  Yup… Mr. Steven Samblis, CEO of IC Places, Inc. did another reverse split of the stock.  300 to 1 this time… 3 times the size of the last reverse split on 3/27/2014.   WOW… lol, only 7 months after the last one, and 3 times the size.  Unbelievable !  Although we were way off on the date, we got the amount right (details here).  This action should really attract the investors, or, maybe not… lol.  Does anyone know… is this some kind of Guinness Book World Record maybe ???  (we did a search and it returned nothing… nominations anyone ?)


Many say how anyone could consider this company as part of their investment portfolio just boggles the mind.   Hopefully, anyone thinking about investing in this company will do at least 5-minutes on Google to research Mr. Steven Samblis, IC Places, Inc., and their history.  There are those that say IC Places, Inc is not a real company, simply a stock selling machine to keep Mr. Samblis in the lifestyle he is accustomed to, and it appears they may be correct.

So… rinse and repeat.   Mr. Samblis carries on with a little breathing room to attempt to sell some more stock.  The PPS will likely fall to .0001 even quicker than it did after the 3/27/2014 split.

Well, look on the bright side… long time investors probably were not hurt, because they were likely wiped out on the last reverse split just 7-months ago.  But… as the count on reverse splits climb… so does the count of burned investors, and every one will be following closely to warn any new potential investors of the history of this company.   One wonders what the future holds for Mr. Steven Samblis?

Give us your thoughts.  Leave a comment using the link above.

Uh-Oh… here we go again !

Well… it appears Mr. Steven Samblis is in a bit of a legal pickle again.  Apparently he is being sued again.  The below attached graphic was obtained from the Los Angles Superior Court website (click to enlarge).  It appears this is a current and ongoing legal action, with an appearance due on 10/27/2014 at 8:30a for an order to show cause.


It refers to Case Number:  14U05173 – WESTWOOD HOLDINGS, III, LLC VS SAMBLIS, STEVEN M.   Not a lot is known about this action yet, as the investigation is still ongoing.  We have attempted to contact the plaintiff attorney, FELMAN, DAGGNEHURST & EL DABE, however as of this writing there has been no response.  We are also pursuing the actual court documents filed with the court to obtain more details about the case details.

A brief internet search for this firm returned the following results (again, click to enlarge).


As can be seen by the graphic, they are “a Boutique law firm in Sherman Oaks handling landlord tenant law”.  This information of course begs the question… is Mr. Samblis being thrown out of his home/apartment ?

A brief internet search for the plaintiff returns this information:


Now… if our speculations are correct, and Mr. Samblis is in fact being evicted from his apartment, one could reasonably assume it relates to a financial obligation such as overdue rent.  One could also reasonably assume that if Mr. Samblis is having difficulty paying his rent, he would also be having difficulty paying for the cost of filing the 2nd. quarter corporate filings.  In our most recent post we speculated as to the most likely reason Mr. Samblis has not filed the report yet.  Of course one could suppose Mr. Samblis spent the rent money on the cost of preparing the report, however that is unlikely because the cost of the filing preparation (accounting work) is likely to far exceed a few months rent.

Stay tuned folks, hopefully more information will be discovered about Mr. Samblis’s financial situation.  Perhaps the court documents will offer a window into Mr. Samblis’s finances.  Perhaps investors may learn the whereabouts of any revenue associated with Mr. Samblis and/or IC Places, Inc.  Wouldn’t that be something… if it took a landlord/tenant dispute to learn about Mr. Samblis’s finances.  If anything were to be learned as a result of this action, it certainly would be troublesome if any financial information that were to be uncovered in this action were to be in conflict with any previously filed SEC reports.  Oh-my !

Late, and now REAL late, filing !

There has been a lot of speculation surrounding the missing 2nd quarter report from IC Places, Inc.  The CEO, Mr. Steven Samblis is, as usual, not providing any details on it’s whereabouts, or, when investors might expect it to be filed – if ever.  This of course leaves investors to wonder and speculate on the “why” behind the late/missing report.

Meadow2009, a poster on Investors Hub, as usual, has introduced some very compelling theories as to why the report may be late.  Several of Meadow’s theories involve speculations regarding the new accounting firm, Hartley Moore Accountancy Corporation, and their review of IC Places, Inc.prior to creating the report.  Meadow speculates that the new firm may be taking extra time to thoroughly review IC Places, Inc., and all their related financial activities.

Although Meadow’s theory may be accurate, may we suggest another theory… namely Mr. Samblis is broke and can no longer afford to endure the costs of preparing these reports.  Not only the normal cost of preparing the report, but as Meadow suggests, the new accountancy firm may be requiring more fees because of the more extensive review that should be done in order for the new firm to sign off on the report.  I am reminded of the principle – Occam’s Razor… to paraphrase, the theory with the least assumptions is likely the most accurate, i.e. the simplest explanation is usually the best.

One needs to remember some history here.  In this recent post we outlined some thoughts about the Hartley Moore Accountancy Corporation announcement.  It’s worth a read, or re-read if you have already seen it.  In this post we remind readers that Mr. Samblis now has some history regarding terminations within the company, namely the previous president.  You may also be reminded that Mr. Steven Samblis has a documented history of making grandiose press releases, only to find out later that the information put forth in the press release wasn’t worth the paper it was printed on.  Many, and some would say all, of those press releases turned out to be misrepresentations, and/or failures.  Some would say that Mr. Samblis simply puts out the press release in an attempt to move stock for his financiers, with no intention of following through on the subject of the press release.

So… could the Hartley Moore Accountancy Corporation announcement have been simply another failed or fraudulent effort to mislead investors into thinking Mr. Steven Samblis was moving forward with the rebuilding of the company?   Given that there have been documented situations, namely the past president’s “firing”, which documents would support, turned out to be a gross misrepresentation at best, and, previous press releases announcing shows and initiatives that failed to materialize… it would be easy to conclude that the press release about Hartley Moore was nothing more than smoke and mirrors, and that it is unlikely they are working on anything for Mr. Samblis.  Although they may have been “engaged” to do work, it is unlikely they will actually do any work until paid.  If they have followed any of the readily available information about Mr. Samblis and his Company, IC Places, Inc., perhaps they are requesting payment in advance.

Also, it is a viable theory that Mr. Samblis is broke.  At least broke in the terms that he previously was accustomed to.  There was a time when the PPS of the stock was over a penny, and it was easy to pledge shares to the likes of Asher to acquire operating funds, and to fund his personal expenses.  However, of late, the PPS is in the dumper, reverse split after reverse split has failed to breathe new life into the PPS, and, there appears to be a concerted effort by those previously burned by Mr. Samblis to inform any perspective investors of the history of this company and it’s CEO, Mr. Steven Samblis.  At some point even Asher will be reluctant to purchase convertibles for fear of not being able to move the shares in the open market in order to make a return on their investment.  Asher may have already shown resistance in the form of higher conversion requirements.  Increased risk always demands higher initial costs, and there is certainly increased risk with IC Places, Inc. of late.

On the subject of operating funds… the above begs the question, what is Mr. Samblis using for operating funds, as well as supporting himself on the personal level.  There is a huge controversy over revenue… as in where is it going if there is any.  To date, of late, the filings have shown NO revenue.  It seems unbelievable, and perhaps fraudulent, that advertising is being shown on Mr. Samblis’s websites, the company is well into the contract with ClearVision, and there is ZERO revenue.  Not talking “profit” here, simply talking “revenue”.  Many have asked the question… WHERE is the revenue being recorded, because it’s a reasonable assumption that there is in fact some revenue.  Seems simply unbelievable that Mr. Samblis works months and years and cannot generate even $1.00 of revenue.  Hopefully Mr. Samblis is not doing something illegal with the revenue if there is any.

So folks, there you have it.  Many, many questions, and no answers from the CEO, Mr. Steven Samblis.  From time to time Mr. Samblis posts on the message boards, many say using bogus and misrepresenting aliases, however he chooses to use the time to attack posters and investors (i.e. shoot the messengers) instead of addressing these very important issues.  What does that tell you ???


CEO… in true form !

Well folks… did you catch it?  You had to be quick because it was deleted quickly, and rightfully so as you will see here just below.

So… you are likely aware Meadow2009 has been peppering Mr. Steven Samblis, CEO of IC Places, Inc (ticker PNCH) with numerous facts excerpted straight from Mr. Samblis’s SEC legal filings.  For weeks Meadow2009 had done some outstanding work pulling together facts, and presenting such in a very straightforward manor on Investors Hub.  Facts, figures, and straightforward questions about some very serious shortcomings related to Mr. Samblis, and his submission of legal documents to the SEC.  Everyone should be thanking Meadow2009 for his efforts.  Not that most didn’t know about some of the information provided, but what was amazing was the effort put forth, the extent of information, and the straightforward presentation of such.

So… it seems Mr. Samblis had taken all he could take and decided to respond last night.  The post, although deleted by Investors Hub, we suspect because it contained what appeared to be personal information, is displayed below. (click to enlarge) [and BTW… who ever re-posted this personal information on another board, should remove it.]

Bzippy_Deflection1Now… notice the response.  In light of the voluminous amount of information posted by Meadow2009 over the past several weeks… did Mr. Samblis respond to even 1 piece of information put into question by Meadow2009?  Meadow2009 probably posted over 50 pieces of information that needed to be addressed by Mr. Samblis… and although Mr. Samblis found the time to reply, and engage in a “shoot the messenger” type response… he couldn’t find the time to address any, not even 1, of the issues raised by Meadow2009.

And, not only does Mr. Samblis make attempts to disparage Meadow2009, he then concludes the post with what Mr. Samblis thinks is Meadow2009 personal home phone number.  Now the phone number may be valid, may not be valid, that is not the point.  The point is… Mr. Samblis, in true form, attempts to divert the reader away from the real issues by attempting to shoot the messenger.  Mr. Samblis, it appears, would rather spend time and resources attacking his critics, instead of addressing the issues, and or, resolving the situation that caused the controversy in the first place.  Apparently, those that would “dare” to post unflattering information, revealing Mr. Samblis and his shortcomings, are then subjected to ridicule, disrespect, and threatened with legal action.  Some would call this “thug” mentality.  Apparently Mr. Samblis thinks that by shooting the messenger, it diminishes the information’s value and readers/investors will think less of it and/or forget about it.

Here is a post we did on the subject a short time ago, and below is an excerpt from that post.  It appears Mr. Samblis hit ALL 4 tactics in how to spot those that intend to deceive.

Excerpt_AdvoidenceNotice also in the post by Mr. Samblis, his reference to blaming others for the disaster of the IC Places and PunchTV merger.  Here is a question for you Mr. Samblis… have you EVER accepted responsibility for anything that went wrong with one of your decisions?  The merger/purchase was YOUR decision, right?  YOU had the final say on consummating the deal or walking away, right?  YOU authorized the expenditure of the investor funds, right?  Because you appear to be saying the PunchTV purchase was someone else’s fault.  As CEO doesn’t the buck stop with YOU ???

And lastly… isn’t it true irony when Bzippy gets frustrated when he thinks someone appears to use a bogus alias !   WOW… now who would do that ???  Maybe HollywoodFastLane, mighttrade, zurich, or dotd could answer that !

Could trouble be on the horizon…

Lions, Tigers, and Bears… Oh my !   Could difficult days be ahead for Mr. Samblis, CEO of IC Places, Inc. (ticker PNCH) ???

Here is a post on Investors Hub that quotes an article from the Wall Street Journal entitled “SEC Casts Wide Net in Probe of Microcap Stock“.   In the article it states “The Securities and Exchange Commission is investigating the auditor of Cynk Technology Corp”.  Guess who the auditor was… Mr. Peter Messineo.  Recognize that name from anywhere?  How about here: (click to enlarge)

Messineo_CFO_PNCHThis is where it gets interesting, and could cause some difficult days for Mr. Samblis.  If you have ever followed high profile prosecutions , you will know that the authorities nab a key figure, like an accountant in the organization, then under the treat of harsh punishment, they cut a deal with the authorities to reduce or eliminate their punishment for rolling over on the principals.  This is a smart move of the SEC.  It is likely much harder to hold the principals accountable for any wrongdoing because they are insulated somewhat by the people they have work for them.  However, get one of them to roll over on the boss, and now its a different ballgame.

Now… as the article states, Mr. Messineo has not been accused of any wrongdoing.  However, as you know the SEC would not be saying he is a target of their investigation, while it is ongoing.  It is well known that the SEC keeps the details of their investigations close to the vest until enforcement action has commenced.  So… stay tuned.

There was an interesting quote from Mr. Messineo in an Bloomberg article here.

Messineo_Quote“...doesn’t always follow what happens to shell companies after he audits them“.  Wow… so is he saying PNCH is a shell company ?  This is an interesting quote from the former auditor of PNCH.  It seems as though Mr. Messineo has already begun to distance himself from previous companies he audited.  One wonders if he has any allegiance to his former boss Mr. Steven Samblis.  If put in a squeeze by the authorities… will he maintain any loyalty to Mr. Samblis.  One would think he likely knows where any skeletons may be buried.

One needs to put this article into perspective with other such recent articles relating the the  SEC enhanced enforcement activities of penny-stocks.  It would appear the SEC has penny-stocks in their cross-hairs, and if not actively investigating specific companies, its radar of such has been turned up a notch or two.  It appears they are getting serious about cleaning up the penny-stock side of the stock market.  This will spell bad news for companies that their primary product is selling shares of the company to fund a CEO’s lifestyle.

By the way… Mr. Samblis has been unusually quiet on the message boards lately.  One has to wonder why.  Bueller…. Bueller…. Bueller ?


ANOTHER extension ???

Yes folks that’s right… Mr. Steven Samblis, CEO of IC Places, Inc. files yet another extension to the quarterly reporting.  Seems like this is a pattern now also.

One thing we did see by the extension, they changed their corporate address (click to enlarge).  Here is their new corporate headquarters, nestled right between the CVS Pharmacy, and the detailing shop (courtesy of Google maps).  Is that Mr. Samblis’s  Yukon there in the parking lot, or is it a detailing job ?  Where’s the Bentley?   Is this where Mr. Samblis operates the “servers” that power his vast ImaginationTV empire?   Is this the hub of all financial activity?

ICPLA_CorporateThis (address listed in the extension)  is actually the studios of Empire Media Center, one of IC Places “partners”.  There are several pictures of the inside of the Studio on their website, but none of the outside.  Is that not a selling point?  And, in the picture below, one needs to ask… which of the 2 offices does Mr. Samblis call his?  One wonders how he runs the TV and broadcast empire from either of these offices.

ICPLA_Corporate2From their website they boast of “2000 square feet of studio space”.  That’s about the size of a strip shopping center store.  Does that include the detailing shop space also?  By looking at the exterior of the building it seems hard to believe this quote from the IC Places press release announcing the partnership.

Empire Media Center, located at 3915 San Fernando Rd.  Glendale, California features one of LA’s largest permanent green screens which has been used in the production of TV shows, music videos, commercials, and photo shoots.  The studios offer full time news sets, fully furnished interview sets, office spaces and large event facilities.

We are not sure which office Mr. Samblis occupied at his old address, but at least that location had better curb appeal, AND indoor parking.

ICPLA_Corporate3Oh well… it will be interesting to see what the filing says when it finally gets published.  Stay tuned.

Mr. Samblis a “victim” ???

So folks… please see the attached post by Mr. Samblis (opps, we mean Bzippy)(click to enlarge).

Samblis_Victim_1Although it remains to be proven, but for the sake of clarity, it will be assumed here that “Bzippy” IS Mr. Steven Samblis.  We have previously commented on ( here ) what many believe is the fraud perpetrated on the investing public by Mr. Samblis using bogus aliases to post hype surrounding his company, and to surreptitiously respond to unflattering comments made about his company.  Many believe it is glaringly obvious that Mr. Samblis uses bogus aliases in an attempt to avoid being held accountable for his statements.

In his posts, Meadow2009 has cited some very important questions surrounding Mr. Samblis, CEO of IC Place, Inc, and, documented numerous inconsistencies in the SEC Quarterly/Yearly filings of the company.  Meadow2009 has done a excellent job at providing facts and figures, as well as what many would describe as some highly educated commentary on the subject of material accounting principles that seem to have been discarded when Mr. Samblis files (or causes to be filed on his behalf), SEC documents purporting to represent an accurate picture of the company’s financial state.

Referencing the above graphic, representing Mr. Samblis’s response to Meadow2009’s work/postings… Mr. Samblis appears to play the victim role.  In addition to his attempts at playing the victim, he also attempts to subtly shoot the messenger.  This is classic avoidance of the issue(s) at hand.  Meadow2009 brings numerous facts to the forefront, and Mr. Samblis, instead of addressing the questions, chooses to respond by, in effect saying, that lies can be posted because he is the CEO of a public company i.e. “fair game“.   If these issues weren’t so serious, so apparently blatant, and so inexcusable, Mr. Samblis’s attempt at playing the victim would be laughable.  However, Mr. Samblis’s apparent disregard for honesty, and disrespect for the SEC is no laughing matter.  Mr. Samblis seems to think that if he can draw the readers off the subject matter, and facts, readers will lose sight of the questions he is not answering.

Here is an excerpt from one of our previous posts regarding how to easily spot a respondents attempt to deflect focus from unflattering subjects.

Excerpt_AdvoidenceSo… Meadow2009… keep up the good work.  Many potential investors will thank you for your efforts at shining a light on the information that Mr. Samblis would apparently like to keep hidden from the investing public’s view.  Its likely current (and past) investors will thank you also in bringing to light things they wished they had known prior to losing their hard earned money on this company.  And,  its likely the SEC will thank you for assembling a lot of the information they will need should they decide to take a closer look at this company.  If the SEC wanted to set an example of what NOT to do when running a public company, this might be a good case to pursue. They seemed to have perused other companies for a lot less.


ANOTHER failed Press Release ???

Has anyone seen any sponsorship evidence that this press release was anything other than another failed attempt to lure investors to waste more money on Imagine TV, or as its called now, Imagination TV? (click to enlarge)

ReedPR_2Mr. Steven Samblis, CEO or IC Places, Inc. appears to fancy press releases such as the Reed’s announcement to lure new investors into investing in his company.  Its been almost 4-months since that press release, and it appears the announcement was misleading at best, fraudulent at worst.  How does a company release a formal press release like that and the public never sees anything come from it.  We have not seen one add from Reed’s appearing on any of the IC Places, Inc, Imagine TV, Imagination TV, Drivein TV, or any other medium associated with Mr. Steven Samblis.

The press release touted Reeds as the “first official launch sponsor” of Imagine TV.  Given that Imagine TV has come and gone (no one seem to know why, but some think it was due to copyright infringement with the other Imagine TV’s) and now that Mr. Samblis is promoting Imagination TV, there is still no evidence of this sponsorship.

The Reeds press release is but one of many press releases that have never come to fruition.  Many would call that a pattern.  It would appear that his press releases are just about as reliable as his SEC filings.  There are multiple documented instances of misleading and inaccurate information contained within the SEC filings, now it appears Mr. Samblis’s press releases can be added to the pile of misleading and inaccurate documents.


Is the most recent press release touting the Uncommon Denominator going to succumb to the same fate as the Reeds announcement ?   It follows a long line of previous press releases that seem to have failed, or worse, been simply propaganda aimed at improving the dismal performance of the company’s stock ( PNCH ).   Perhaps one or two complete failures of the initiatives touted in previous press releases could be called bad luck, or a coincidence, but seemingly every one ???  Again, many would call that a pattern, and point to the extremely low  reliability rate of the information.

History can not be changed… and this company, as well as Mr. Steven Samblis, has plenty of history.  A simple Google search will support much of the history reported about this company.  If you are thinking about investing in this company… even if its just for “flipping”… take 5-minutes and do some research on the company before making any decisions.  It could be the best 5-minutes you ever spent.