Volume up… longs getting nervous.

Today, as well as Friday, there was some rather significant volume (over 4 times the average daily volume).   There was also some rather significant sells/buys.  Today there was a 27.3 million share single transaction late in the day.  Many longs (a dwindling group now) are frustrated, and venting their frustration on message boards.  When people are at a high level of frustration, there is a tendency to think irrationally.

Folks… even though someone (maybe even Steven Samblis as some suspect) may have sold that block (and perhaps others recently)… someone bought them !   WHO bought them ???  WHY did they buy them ???

It is just beyond rational thinking to think the buyer bought them to lose money.  Its also beyond rational thinking to think someone bought them to short the stock.  Who in their right mind would short a stock selling for this low of a PPS ???  There are thousands of other stocks that could be shorted that offer far more potential to make money shorting them than PNCH.  The risk/reward justification math just doesn’t work out.   Rational thinking suggests someone bought the shares with the intent to make money when the stock recovers, via news or launch.

Folks, we feel someone is loading up leading up to the launch, or on perhaps speculation that significant news will soon be released.  Could we be wrong… of course.  However, just keep asking yourself WHY would someone buy that many shares?  Of course there are those that simply look at the sell side of the transaction and claim dumping, however if you have been trading stocks from more than a minute, you know that there can not be a sell without a buyer !

Now… is Steven Samblis selling shares ???  Many think he is.  However there is no supporting evidence to support such.  Again, thinking rationally, why would Samblis be selling at this low PPS ?  Rational thinking would support him BUYING at this low PPS.  There are those that think he owns a billion shares, and lets just say for argument sake he does… even if he sold every last share, that would net him a little over a million dollars.  Do you think he would actually sell all his shares ???  You may remember, in the last Q report he created provisions to guarantee that he owned, and maintained a controlling number of shares.  If he sold a billion shares, he would actually be selling the ownership of the business.  If you believe Samblis is selling the company, then it follows that you can believe he is selling all his shares.  However, if you believe he is working to turn around the detrimental effect Joseph Collins actions had on his company, than it follows that he is not selling his shares.

Perhaps Samblis is diluting ?  Maybe, could be… perhaps even likely.  However, even if he is selling in lieu of spending what little cash he has on hand in order to pay for good and/or services rendered, that kind of selling is not bad for business.  Its what is called a necessary evil.  He needs to grow the business, with little or no cash, so he uses the next best currency… stock.   A growing business benefits ALL shareholders.

As an investor you need to do your own research, and make a decision that is best for you.  Many longs are down, and many are down big.  If an investor is down big, does it make any sense to sell out now ?   Or… does it make any sense to start bashing the stock if you are still invested in it ?   Take some time off and reevaluate your investment with a non-frustrated mind.  Decisions to invest, or divest… should be made on FACTS, not unsubstantiated opinions of very frustrated investors.

 

Hard-core basher… or sick individual ?

A pro-PNCH poster posts this on LieHub:

“Why don’t we all talk about what we will do after the Launch and everyone is making money ? Wouldn’t that be more fun to do than talk negative stuff all the time ?”

And the response from a poster on LieHub replies:

Hell no! Taking Steve down is fun. It’s the same reason American greed is one of the most loved shows. We gawk at the audacity and we cheer the demise. Here we actually get to help the good guys bring this bastud to his knees. I for one love it. I had no idea until a scam became so cocky as to steal through open forums from the one he sees so beneath him. He’s a 2 bit cocky thief! That’s it. He needs to be stopped. It’s my duty as a law abiding tax paying citizen to help all I can”

Now… just reading this should give pause to every “law abiding tax paying citizen” thinking that there are people like this walking around on our streets.  This poster is just sick.  It gives you a feeling for the mentality and motives of their postings on LieHub (and we suggest this person is not the only one).  This poster should be banned permanently from LieHub.  LieHub is a misrepresentation of what a message board should be… but this post should be concerning to even them.  By not deleting this post, and permanently banning this individual (or anyone who posts like them), they are in fact supporting this behavior.

What does this say about LieHub that they allow this post to stand?  What it says is obvious… they exist to destroy PNCH and its CEO, Steven Samblis.   In our opinion there is a difference (a BIG difference) between posting one’s negative opinion about a company, and posting trash like the above.  It’s obvious the poster, and likewise LieHub, will stop at noting to destroy this company.  Every tool at their disposal is on the table for use… including lying, misuse of factual data, character assassination, and venomous personal attacks.  We previously posted a related article here on the subject.    And here are some must-read articles and links about LieHub themselves.  Be sure to click the 3rd link from the bottom as it will illustrate that others feel the same way we do about the fraudulent activity  on LieHub.

So… the moral of this story… visit LieHub at your own risk, and understand that:  a) most of what you read over there has been censored (i.e. the pro-PNCH postings have been deleted), and b)  what remains is a blatant attempt to mislead you and to try to turn you against the company, and the CEO, and c) a colossal waste of your time, because it is very unlikely they will change anytime soon.  LieHub survives and prospers by page views (and selling advertising based on the number of page views they get).  Even if you don’t post there, and simply go there to read the basher’s garbage… you are in fact helping LieHub continue to prosper.  Want to do your part in helping to send them a message that you don’t support their biased and fraudulent activity… stop going there and adding to their page views.  Hit them where it hurts… in their pocket book.  Maybe when LieHub (the company) understands the viewing public will not support their actions, they just might think about changing…. doubtful, but maybe.

 

 

Some quiet time…

The stock ( PNCH ) has been trading sideways for almost 2-months now.  Around the beginning of May the PPS was at .0026.  This past Friday it closed at .0016.  In our opinion, this is a very poor showing for a company getting ready to (re)launch into TV broadcasting.  There have been many missed opportunities.  One can only imagine where the PPS would be today had those opportunities been taken advantage of.

There have been some recent (mid to late June) press releases about new shows acquired, and also notice of a strategic affiliation announced, however those efforts failed to move the PPS north.  Its been well over a week now with no new news.  Also noticeably absent are any plans for general public notification of the impending launch of the new network, VU Television.  We would have thought there would at least plans for some sort of awareness/launch party similar to what was done (the “UpFront” gala) held when VU Television owned the other broadcast company Punch TV.  Events like these are not created in a week.  There are venues to be reserved, catering to be contracted for, notices to go out so that attendees can reserve time on their schedules to attend, etc, etc, etc.  Will the company wait till the last minute to throw something together haphazardly, or are they just keeping quiet about any plans.  Of course there are actions to keep under wraps until the right time… however an awareness campaign or event such as a lunch party is not one of them.

There has also been some controversy of late.  The CEO, Steven Samblis, published a photo on his Facebook page of what appeared to be him driving home in his car… a Bentley !  See it here.  Now, as of this writing, the picture has been removed from the Facebook page, but is still available at the link above.  Now, to be fair and balanced, there was never any comment from the CEO, Steven Samblis, that the car was his.  In fact we could find no comments by him about the picture anywhere.  However the caption read “Pulling up to the homestead for a brief interlude – at Casa Samblis Resort and Salon“.

The Bentley… its concerning, but there is not enough information to draw any conclusions, like… is it his, what’s the value based on year and condition, etc.    Yahoo Autos has a Rolls Royce for 26k, so in this case a picture is no indication the CEO of a company investors are underwater on, is living high on the hog as they say.  Having said that… we would sure like to know more details about the picture.

The picture could have been posted to cause controversy with the basher crew over on LieHub, this would be consistent with previous actions by the CEO in an attempt to increase traffic, and eyes, on the company.  However, we feel the posting of this picture, and the absence of an explanation, was simply poor judgment.  Although the action may have caused the intended controversy, it also created a huge red flag to underwater investors.  If the Bentley is his, and is worth what Bentleys are customarily worth,  it shows blatant disregard for investors who are currently losing money on investing in him, and his company.   This picture needs an explanation !

The second piece of controversy was the CEO’s posting of information about a well known basher.   The post we reference can be seen here.  Overall, there seemed to be a negative reaction to the post by current investors, such as this one here.  Some believe that while the information was an indication of the CEO’s efforts to combat the misinformation and outright lies being posted by this individual, they also believe that the CEO’s time would be better spent posting factual information in response to the many questions investors have about the company, and its plans moving forward.  The CEO has not posted in quite a while, and the first time he does, its an attempt to incite more anger within the basher community.   We, as well as the poster referenced above, feel that any attempts to silence the bashers simply increases their dedication to destroy the company, and maybe more importantly to the bashers, the man behind the company.   The bashers over on LieHub are hard-core !  Nothing short of legal action will stop them.  The best defense against them is to ignore them.  They will not go away, but at least they will be forced to engage themselves, and by doing so, anyone visiting the LieHub site will see how no one pays any attention to them, i.e. rendering them ineffective.

Mr. CEO… you may want to rethink your efforts at creating controversy to promote your company.  You may want to think about simply responding to investors questions in a straightforward manor, and with sincerity for the current losses they are experiencing under your leadership of the company.  The truth will never let you down !  Sometimes taking responsibility for the truth is difficult, but earns you respect and loyalty like nothing else.  This was a post about missed opportunities… have you seen any lately?

 

Will VU Television succeed in spite of…

That IS the big question !  Will VU Television Network succeed in spite of the CEO’s ( Steven Samblis ) personality ???

Now some may say yes, and point to the side of his personality that is able to influence others around him to believe in him.  However, there are others who say no, and point to his abrasive and antagonistic actions to those that don’t fall in line and simply blindly believe in him and his vision and dreams, or, question his actions and in-actions in running the company.

Case in point is a post on Investors Hangout which questions his people skills when dealing with investors.  See it here.  And a follow up here.  And then Steve responds here by saying he will “deeply consider everything” said.

Now, lets fast forward to today, when a poster comments on Steven Samblis posting over on LieHub (which he said he would never do, and for them to delete his account over there).  See the post here.  Now granted, the post is somewhat harsh, and perhaps not accurate, however Mr. Samblis’s response seems to be right back to to his habitual abrasiveness that he indicated he would try to correct.  He followed up a few posts later, and if you follow along starting at his reply linked above you can see his responses.  We report… you decide if the reply was harsh.

Although many enjoy the CEO of the company they are invested in coming on to the message board to communicate activities with the company, it appears some (and some may say many) of his responses are less than professional.  Some say if he can’t respond in a professional manor as the spokesperson of the company… he should refrain from posting at all.  Although at one time we believed the unprofessional responses were just the price to pay for the bits of useful information… we now think the price is getting too high to pay for the little information currently being provided.

We believe the alternative would be for the CEO to either hire a professional spokesperson, or, limit his dissemination of information to formal press releases… i.e. stay off the message boards if he can not respond in a professional manor.  We are not sure who writes the press releases, but we feel the press releases of late, and historically, have been very professionally written, and serve to proudly portray the company in a professional manor.

Tell us what you think.  Post your thoughts on the subject by clicking the “Leave a Comment” link at the top-right of this article.  Tell others that you agree or disagree, and tell them why you agree or disagree.

Also, if you found this site in your search for Due Diligence investment information on the company, you might find it useful to visit our website.  There you will find news and information all in one spot.

 

Is PunchTV going public ???

A visit to the newly designed PunchTV website (see below)  might indicate that it is.  After a nasty and bitter breakup, what better way to get back at ” The X” than to beat them at their own game.

It appears that in the brief relationship between Steven Samblis and Joseph Collins, Collins  taught Samblis a little bit of how to start and operate a television broadcast company, so its only reasonable to assume that Samblis taught Collins a little bit of how to start and run a publically traded company.

Won’t that be a hoot if Collins takes his company public and competes head to head with Samblis !  Its fun to speculate who would come out on top.  Lets see… Collins has been at it much longer.  Collins has all the infrastructure in place.  Collins has years of contacts to call on.  Collins is currently broadcasting.  Collins currently has advertisers.  Collins has a niche audience.  AND… Collins has a brand new reason to crush his newest competition.

Now, put the above up against a new company, with a name that will be lost in the mix of the vast number of other companies trading off the “VU” (View) terminology (and there are even one or more Television broadcast companies with that name already).  A company that has yet to broadcast its first show on the new network.  A company that really all it has is an idea, and some limited knowledge gained from a short relationship that turned sour.  In addition to the reasons stated publically for the breakup… could there also have been tension building with differences in creative direction?  If so, it will be interesting to see which creative ideas will be successful.

So.. even IF PunchTV stays private, it will be interesting to watch these 2 companies battle it out for viewers (and advertising dollars), and interesting to see which creative design wins out in the long run.

PunchTV appears to continue to operate as usual, in fact one might not know there was an issue, however VU Television Network (still IC Punch Media) appears to be struggling to get off the ground.  PunchTV has completely revamped its website, while VU is still displaying default template content on its new website.  PunchTV has a full roster of shows, while VU has announced only 5.

We don’t know folks… the underdog could pull it out… but he sure has his work cut out for himself.  The ultimate show of investor confidence will be in the PPS.  IF PunchTV goes public, keeping score will be easy.  We suspect a PunchTV IPO will launch at a higher PPS than the current PPS of VU, which as of this writing is .0017.

Would YOU invest in PunchTV if it went public?

punchtvnetwork

Bashers… revisited !

Just some thoughts… If you follow the message boards you undoubtedly have seen 2 extremes in opinions being posted (the “Pumpers” and the “Bashers”).  You will likely have also seen the more logical and sensible middle of the road posters that simply ask prudent and reasonable questions, and give reasonable and thoughtful opinions.  Also, much more difficult to spot, are the majority of investors that you never see… the “lurkers” as they are called.  Just because you don’t see them doesn’t mean they aren’t there.  And just because they don’t post, doesn’t mean they are not investors (perhaps substantial investors), and/or, it doesn’t mean they are unintelligent or too illiterate to post their opinion.

To illustrate our point, next time you visit a message board, check out the “views” and “followers” of that board, as most boards will display these stats.  These numbers represent the activity on the board.  On some days you will notice tens of thousands of views, yet you will see maybe only posts numbered in the hundreds.  Just a rough calculation on various days we have checked, it appears there is about a 10 to 1 ratio of posters, to readers.  In other words, for every poster, there is likely 10 “lurkers”.  The lurkers read the material, and make judgments on the material.

Bashers… this is a post mostly about the bashers.  We have posted previously about basheres, here, here, and here to list a few.   In these links we believe it will be apparent about our opinions on bashing.  Bashing for profit, although disgusting because of the harm it does to real “investors”, it could be justified to some extent, if all you care about in life is money.  However, to bash for fun, or vindictiveness… is just plan sick.  There is something really psychologically wrong with you if you get a thrill out of causing someone else pain or financial hardship.

The bashers over on LieHub, for the most part, appear to be in the latter group referenced above, namely they find joy in causing others pain and financial hardship.  We guess in some sick and twisted way it makes them feel superior to others.

Although there are many unanswered questions about IC Punch Media, now (or soon to be) VU Media Corporation, they are just that, unanswered questions.  Bashers LOVE unanswered questions.  Why… because if there are no answers they are free to make something up and call such an answer.  Its easy, because there are no facts (answers) to prove them wrong.  Bashers HATE facts !  Its like kryptonite to superman.  Present them with facts and they run away as fast as they can, i.e. change the subject.  Its called deflection.  If you want to see professionals “deflect”… just watch any news conference with a politician , or of course, watch a basher when confronted with real facts.

Now, there is an well know concept in the investing world… bashers don’t bash a bad stock (company).  See the Bashers Handbook here.  You will notice this is “Lesson #1” in the Bashers Handbook.  Why… what’s the use…what good will it do, the company is already dead.

There was a time, just after the crash of IC Punch Media (the divestiture caused by infighting between company executives) that the stock was falling like a rock.  Bashers were almost non-existent at that time.  Yes, there were a few hard core bashers gloating over their perceived superior intelligence about the company being no good, and a lot of “I told you so’s”… but for the most part they were quiet.

Now… the bashers are back at it… and hard !  They see the company is starting to recover from the devastating events of late, and they are back to their same old tired bag of tricks to drive the PPS down, by bashing the company, and anything and everything about it.  Don’t fall for it.  Their actions and motives are transparent.  They exist, and post, with a sole effort and mindset to cause you, the real investor, harm and financial hardship.

Some will think… they can fight the bashers.  You can fight the bashers, but you can never win, because they don’t fight fair.  They are willing to outright lie, slander, make up “facts”, assassinate characters,  and use foul language to make their point (are you???).  AND… they have the advantage over on LieHub because the site operator supports their behavior.  When YOU try to rebut their unsupported lies… they delete your post.  YOUR post is never seen, and they are laughing all the way to the bank because the viewers only see their bashing posts, and nothing positive, and factual, about the stock or company.  Trying to fight the bashers would be like taking a knife to a gun fight.  You don’t stand a chance !   In fact, when you try to fight them it only makes their job easier because you give them opportunities to rebut a ghost opinion (remember… your post will get deleted, but they can still respond to it).  They can even quote you for something you never said, because your post is not there to be viewed.

The best way to combat the bashing… is to do your own due diligence (DD).  If you read something the bashers write… go check it out yourself.  The Internet is a wonderful thing for research.  Within minutes you can uncover the truth about whatever issue you search for.  Can you believe everything you find on the internet, of course not, but in most cases any valid and truthful  information that you find will be supported by independent documentation.  Here is an example of such research.  Click this link to the News page on our website, and navigate down to the date 2/15/2013.  Click the link that says see the report here.  When the report loads, navigate to what is listed as page #9 in the report.  You will see what the bashers failed to post, or mention in their bashing posts on the subject.  This issue is from February, but the bashers still reference this almost daily in their posts.  They think readers are too stupid, or lazy, to investigate the trash and lies they post.  This is just one example of how doing your own DD will reveal the truth about trash the bashers post.

And remember what we stated at the beginning of the post… bashers LOVE unanswered questions.  You will not be able to find any direct response research information on an unanswered question.  So… if you see a known basher answer the question… you know its simply their unsupported biased opinion, based entirely on the thoughts and wishes in their sick and twisted minds.  Depending on the question, you can still do research, and based on other supported documentation, draw your own opinion on possible answers to the question.

Wow… a long post for us… if you got this far, thanks for hanging in there.  In short, the post is simply trying to help you understand that there is no substitute for doing your own DD.  Don’t believe anything the bashers OR the pumpers say… investigate the issue on your own and draw your own conclusions… then invest accordingly.

Like this?  Hate this?  Why not make YOUR views known to others… post a comment to this post (or any others you see here) by clicking the Leave a Reply at the top-left of this post.  You can also Follow these post by singing up at the very bottom of the page (click the FOLLOW button).  You will be automatically notified when a new post is available.   AND… you can be assured your email address will NEVER be shared, and we are selling NOTHING on this site and derive no financial benefit from visitors to the site.

 

Is PNCH imploding ???

Currently… in our opinion… yes.  However, we believe it could all be turned around if the CEO would do his job and talk about the company – where its at, and what plans and actions are in the works.  Will he do it… doubtful.  He has kept silent except to post a few times on a message board, but as we discussed here, nothing NEW was discussed.

The stock PPS is sitting at a 52-week low right now, and likely to go lower if something is not done.  It appears as though the CEO, Mr. Steven Samblis does not care about investors.  Note we said “appears” to not care.  We believe he does care, but, we believe, he is currently making a huge mistake by maintaining his silence about company plans and actions.   He stated in a previous post, here, that “Everybody is [working] 24/7 over here…”.  We have no doubt he and the “team” are working hard, however the investors need Mr. Samblis and the team to work SMART also.  It simply not a smart move to sit quietly while the company PPS falls to earth.  Many potential investors will focus on the 52-week low, and lose sight of the 52-week high of 6-cents a share.  It is obvious this company has potential, but the management is not stepping up to the plate and capitalizing on the potential.  WHY we ask ???   Why would a CEO (and management staff) sit idly by and watch the PPS fall to the ground, causing potentially irreparable harm, and do nothing to stop such?

Mr. Samblis… please PLEASE stop the hemorrhaging.  Step up and address some of the questions that are preventing this PPS from moving forward.  Do you seriously think you could ever hope to attract serious investors down the road with so many unanswered questions,  and controversy surrounding important issues like…  why the abrupt turnaround and capitulation to Collins, the unaddressed questions surrounding your new President, share structure, revenue generation, and overall vision and direction for the company now that its divested of PunchTV?

Mr. Samblis… here is a very simple question… is what you’re doing, working?  There are 2 actions that have synergy… your silence on the above referenced issues, and the ever falling PPS.  If there is no change in both of these actions, we believe, all your hard work will be for naught.  Unfortunately, YOU believing in VU Media is simply not enough… you need investors to believe in the company.  To date, post PunchTV divestiture, you have not given investors any reason to believe in the future of the company as you do.

You may be working hard Mr. Samblis, but someone once said… if hard work was the avenue to prosperity… laborers would be the richest people in the world.