ICPA continues its rally off recent lows, marking a 3rd consecutive trading day with sizable gains for ICPA shareholders. The stock is bumping up against technical resistance on the chart, it will be interesting to see if the momentum can continue through the $.026 50 DMA.
Excerpt of recent ICPA news:
LOS ANGELES, July 26, 2012 /PRNewswire via COMTEX/ -- IC Places, Inc. (OTCQB: ICPA) -- The growth and development of the United States has always been catalyzed by forward-thinking visionaries who see a future not perceived by others, and who embrace as possibilities which are deemed impossible by their peers. Both Steve Samblis and Joseph Collins reflect these attributes. Steve Samblis, CEO of IC Places, Inc. is pleased to announce that industry veteran and former CEO of Punch TV Network, Joseph Collins Jr., has joined IC Places, a transmedia entertainment company, as President, effective July 10, 2012. This follows the purchase of Punch TV Network by IC Places earlier this month. Mr. Collins will be replacing Mr. Steve Samblis as President while Mr. Samblis will be CEO and Chairman of the Board of IC Places.
"IC Places welcomes the addition of Mr. Collins' wisdom, tenure and leadership in the entertainment industry to the IC Places community," said Mr. Steve Samblis, CEO and Chairman of the Board of IC Places. "Mr. Collins is an innovator and trailblazer in the industry and he will be an integral part of the IC Places/Punch team as we continue to further capitalize on our company's entertainment offerings."
In his new role as President of IC Places, Inc., Mr. Collins will be responsible for the production of original programming, acquisition of existing programming, and the scheduling and management of the day-to-day operations of Punch TV network and its many offerings.
"Over the past few years, as President and CEO of Punch TV Network, I've steered the company into some exciting initiatives and I'm impressed with how quickly they have evolved into a fully realized media and entertainment network," said Collins. "As President of IC Places/Punch, I will continue to grow our brand in unprecedented reach, scale and promotional power in the industry."
A native Angeleno, Joseph Collins grew up with a fascination of television. After high school, Joseph Collins landed an internship with WVTV in Milwaukee, Wisconsin. His flare and contagious personality helped him grow from an intern to working as the youngest news anchor to report the business news. During his 30 years in television production and programming, Joseph has accumulated a long list of accomplishments. Along with the production of over 1000 TV commercials to his credit, Mr. Collins has received recognitions for his vision. Specifically, Mr. Collins was presented with the 1996 Entrepreneur of the Year Award by Senator Diane Feinstein, Senator Fred Aguilar, and Senator Barbara Boxer. Additionally, he has received accolades from City Council members. His rich entrepreneurial spirit and accomplishments led to the creation of Punch TV. Punch TV Network is a 24/7 network with 70% original programming. In addition to linking consumers with never-before-seen advertising, Joseph Collins has implemented commercial-free advertising - an opportunity for companies to bypass the oversaturation associated with television advertising by incorporating information about a company's product into the storyline of Punch's scripted shows. Another innovation brought to the world of television by Joseph Collins is the production of novel versions of its TV shows. These novels provide an opportunity for companies to insert print ads into these pages. This represents an update on magazine and newspaper advertising. Joseph Collins also created an in-house ad agency so that advertisers can avoid the losses that accompany repetitive ads. Punch TV also has a music division that produces original music of all genres. It is less than surprising that Joseph Collins has utilized the theme, Are you thirsty yet? for Punch TV Network.
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