Punch TV Becomes The Only Black-Owned Media Company Qualified To Sell Stock to the Urban Community at $1 Per Share
When Opportunity Knocks
In 2012, President Obama signed the JOBS (Jumpstart Our Business Startup) Act. Since that time, the market for equity crowdfunding has grown steadily. In 2016, funding raised through crowndfunding is expected to surpass that from venture capital. At the center of this revolution in business financing are the Securities and Exchange Commission’s recently enacted rules known as Regulation A+, a provision of the JOBS Act that allows companies to generally solicit and raise money from non-accredited investors. Historically, many investment opportunities have only been open to the wealthiest 3% of Americans known as accredited investors. However, the new rules permit nearly anyone to invest in companies spanning a wide range of fields, from real estate to aviation and even medical marijuana.
Here Comes Punch TV!
Since Regulation A+ came into play in June of 2015, over one hundred companies have filed for approval, with dozens already qualified and sixteen raising money at this very moment. One of those companies is Punch TV. Owner/CEO Joseph Collins is an industry veteran who saw an opportunity to build an entertainment giant and create history. Punch TV Studios, known for providing a unique selection of original and creative television programming, recently announced its qualification of its stock offering from the U.S. Securities and Exchange Commission under Regulation A, the Jumpstart Our Business Startup (JOBS) Act which was signed into law by President Obama. Based on this law Punch TV Studios is now authorized to sell stock in the company. What’s incredible is that they are offering the stock right now at $1.00 a piece. Yes you read that right!!! Punch TV Studios launched its Initial Public Offering (IPO) on June 19, 2016. According to its business model, Punch TV Studios is projected to generate more than half a billion dollars in annual revenue by year three post IPO. With an opening price of only $1 per share, Punch TV Studios’ primary focus was to make their stock available and affordable to the average American. Early investors, Punch TV Studios supporters and television aficionados are able to get in on the ground floor and purchase stock directly from the company today.
As one of the few African American CEOs of a publicly traded company, Collins has an unmatched understanding of what the urban community is looking for and a keen eye on the pulse of the people. Punch TV Studios is currently developing new, original TV content for the urban community and is the first to develop a digital broadcast & Internet streaming network specifically designed to meet their unique entertainment needs.
The core mission of Punch TV Studios is to develop movies for global licensing. The studio, along with it’s development team, is preparing to create over 300 new movie and television projects over the next 36 months, created specifically for the urban market. Independent producers, who are regularly stonewalled by studios now have an outlet for distribution with Punch TV Studios.
As with any investment opportunity, please do your own due diligence or get assistance of a licensed professional when it comes to investing in stocks. This is not a recommendation for said stock opportunity. This is for informational purposes only.