Signal Hill, CA, January 06, 2013 --(PR.com
)-- IC Punch Media, Inc. ( PNCH ) -- Punch TV Founder and CEO Joseph Collins opens the office for the first time this year, only to discover that the company's stock price has risen by 85%.
“I knew with the launch of our 17 additional affiliates across the country from Los Angeles to Atlanta to New York we had seen a surge in viewership and our social media is hitting almost a million impressions weekly (according to tweetreach.com), but this is even better than I expected,” said Collins. “I guess investors are getting the message that America is tuning into Punch TV and if this is any indication of what is ahead for our new urban network which reaches 58 million US homes via free over-the-air TV (OTA), I believe that more investors are going to sip from the Punch TV bowl.”
“Unlike many of our competitors that target the urban market, Punch TV launched with 70 percent original content that runs the gamut from reality shows, talk shows scripted series and has many new projects in development for its 2013 lineup,” said Collins. Once people get a taste of our “Punch” there will be no turning back. Punch TV is America’s best urban television network.
The Punch TV is a wholly own company of IC Punch Media, Inc. and trades on the OTC market under the PNCH symbol.
IC Punch Media, Inc 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.