Punch TV Studios: A black owned TV studio IPO ($1.00 per share)

[Afro]

So PunchTV canceled the deal to sell assets to PunchFlix.

Just read their annual SEC filing:

https://www.sec.gov/Archives/edgar/data/1651699/000080617119000011/punchtv2018auditmarch.htm

He gets paid no matter if he gets fired or not.

He calls himself the ‘Martin Luther King Jr. of Wall Street,’

His "social media" site is dead(nabukie.com) and look at this ish:

Smh

Oh god

Hope he chokes on a lobster

 

[Secure Da Bag]

Bump.

Stock is actually 0.0325 a share.

 

[hashmander]

so i could have turned a $3.45 investment in this dumpster fire into $16. should have bought it for the laughs like i originally planned before i forgot about it though, probably get some wild investor updates from this charlatan.

 

[Responsible Allen Iverson]

I want to make fun of anyone who is still falling for this scam, but it's really just sad to see a Black person taking advantage of other Black people. fukk this guy and his "company."

 

[Amestafuu (Emeritus)]

I want to make fun of anyone who is still falling for this scam, but it's really just sad to see a Black person taking advantage of other Black people. fukk this guy and his "company."

it's not funny because it seems to be like 3 out of 5 breh entrepreneurs are on some shyt.

my ratio is exaggerated but you get the point. it's way too prevalent and makes Black people hesitant to invest in each other.

 

[Afro]

There's no way to sell the shares

Still can't

 

[hashmander]

I want to make fun of anyone who is still falling for this scam, but it's really just sad to see a Black person taking advantage of other Black people. fukk this guy and his "company."

affinity scams are the most effective ones for a reason. you play on people's group solidarity emotions. my antenna goes up when the scammer's primary selling point is that they're black-owned as if that's the main reason you should be giving your money away and not because they have a great business plan that you can see a real way forward with.

 

[Secure Da Bag]

I just tried to buy a few but Fidelity won't let me.

 

[Deus]

It's going for 1 to 4 cents a share.

His tv channel is not carried by any affiliates and he just canceled his netflix clone at punchflix.com

I hope brehs can call the SEC and get their money back

Jags Suck....DUVAL

• Deus
• Sep 10, 2020

@Afro turned $500 into $20

 

[Afro]

It's going for 1 to 4 cents a share.

His tv channel is not carried by any affiliates and he just canceled his netflix clone at punchflix.com

I hope brehs can call the SEC and get their money back

Jags Suck....DUVAL

• Deus
• Sep 10, 2020

@Afro turned $500 into $20

 

[Ol’Otis]

 

[Joe Budden]

My man turned $500 into $20?

 

[Secure Da Bag]

It's worth 4 cents a share, but some good news - Yahoo is now a part of Verizon Media

 

[L&HH]

I’m not even sure how anyone with some kind of deductive reasoning skills could get duped by this.

 

[Afro]

I’m not even sure how anyone with some kind of deductive reasoning skills could get duped by this.

shyt happens

I feel more for the folks in that Tulsa fund