Yes folks… the CEO of IMTV Joseph Sirianni, according to the most recent Financials filing (HERE) he (as Chairman of the Board) has awarded himself a 240-million dollar golden parachute. With perhaps another 500-million dollars due him in a stock conversion of “blank check” stock shares that can be converted to Series-A (worth $1.00 each). Full details are outlined HERE. WOW… what a sweet deal !
AND… don’t forget about the 61-BILLION shares already pledged to the toxic financiers. Looks like during this most recent pump, only about 5-billion have been sold. That leaves about 56-BILLION to go. Those folks who don’t do their homework are thinking they are buying from retail buyers just taking some profit. Little do they know they are likely buying the diluted shares from the likes of Asher. (for those of you who don’t know who “Asher” is… Google Asher Enterprises). Just ask yourself… with over 5-billion shares sold recently… why is this stock circling the drain back to the trips?
Also… read the press releases carefully. Ask yourself, why does the CEO use the words he chooses? There is no substance in the releases, just hype. Hype with words that can have multiple meanings. AND… ask yourself, WHY these press releases are not filed with the SEC? Notice the wording on the latest press release… they “signed an agreement”. Agreement to WHAT ??? Where is the agreement? An “agreement” simply means the parties agreed to something. Do some research on the history of IMTV and their “Letters of Intent” (i.e. Agreements). There are a ton of them, and not one became a reality.
Folks, you can listen to the pumpers on investment boards, who are very likely paid professionals on commission to sell converted shares (dilution shares) or simply seasoned pumpers shilling to sell their own shares for a profit. Remember… one mans profit, is another mans loss. Don’t be the looser, check out the multitude of other stocks that have a much better track record. IMTV has caused a lot of heartache for a lot of people. Don’t simply buy the hype of a paid pumper… do you own homework. Google IMTV, and Steven Samblis. There is plenty of data on the web that documents the history of this company (IMTV).
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