Due to Overwhelming Response From Shareholders and the Public, IC Punch Media Opens Shareholder Meeting to Public and Moves Event to a Larger Venue
LOS ANGELES, March 26, 2013 /PRNewswire/ -- IC Punch Media, Inc. (OTCQB: PNCH). IC Punch Media, Inc. today announced that due to the overwhelming response from shareholders and the public to attend the company's first annual meeting, the current location, Bistro On Pico at Roscoe's Media Center (RCM) is not large enough to accommodate all who have RSVP'd to attend. The company has decided to turn their shareholder meeting into a "public" Upfront and extend an invitation to both stockholders and the public to attend. The Public Upfront will be held Sunday, April 14, 2013 at the new "John Lovitz Club", located on Universal City Walk, 1000 Universal Studios Blvd., #222, Universal City, CA 91608. Stockholders of IC Punch Media, Inc. and the public are invited to attend the Upfront and should refer to Punch Television's website, http://punchtv.net for additional information.
"Due to the incredible response received from shareholders and the public who are interested in learning more about our growth and plans for the Fall Season, we have decided to knock the walls down and invite everyone to our Upfront," said Steven Samblis, CEO of IC Punch Media, Inc. "The 2012 acquisition of Punch TV was a major milestone in the history of our company. Since the acquisitions we have grown TV Homes by 2500%. Now that we have achieved critical mass of TV Homes, we are focusing on programing. The 2013 Fall Season will bring an incredible line up of Punch original programing which we feel will make Punch TV a household name. What better way to tell our story then to let "everyone" get a glimpse of our upcoming shows and let them meet the producers and actors from those shows in person? This Upfront will offer incredible first-hand insight into who we are as a company and our plans for future growth."
About Punch TV
PUNCH TV is one of the fastest growing networks among urban viewers 18-54 and completed the 2012 year with 38 partner stations and reaching 60 million U.S. homes.
Through more than 38 affiliates, as well as a contract for Direct to Homes broadcasting, PUNCH TV has acquired affiliates in major urban Markets such as New York, Detroit, Chicago, St. Louis, and others. PUNCH TV is accessible in cities such as Atlanta, Dallas, Austin, Houston, Miami, El Paso, San Antonio, and Tampa. Residents of large Western cities such as Los Angeles, Las Vegas, Denver, Phoenix and Seattle, can also view PUNCH TV Citizens of smaller cities such as Alexandra, Shreveport, and Monroe, LA and communities such as, Bemidji, Minnesota; Dothan, Alabama; Lufkin, Texas; Beaumont, TX; and Andalusia, AL are among those enjoying the PUNCH TV experience; while residents in San Juan, PR, eagerly watch the genres of PUNCH TV entertainment on a full-time basis.
More information about Punch TV will be available on http://punchtv.net
About IC Punch Media, Inc.
IC Punch Media, Inc. is a transmedia entertainment complex that produces entertainment content for distribution across multiple mediums. The company trades on the OTCQB: Symbol PNCH. (http://www.icplaces.com and http://punchtv.net )
On August 11th 2012, IC Punch Media purchased Punch TV Network. Punch TV Network has a roster of original programming which includes 50 new dramas, comedies, variety shows, talk shows, children's shows, and inspirational entertainment.
Through multiple long term partnerships, clips and full episodes of the company's shows are available to people outside the traditional set top box. This exposure serves as both a profit center and marketing component promoting the TV Network, its line up and the company's new media specific programming across multiple platforms.
IC Places Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
IC PUNCH MEDIA, INC. Contact for Stockholders:
Contact for Upfront Event details:
SOURCE IC Punch Media, Inc.