- Report: #1250438
Complaint Review: PunchTV Studios - Compton California
Reported By:
antiripoffs -
Los Angeles, California, USA
Submitted:
Updated:
-
Author Confirmed
Why?
PunchTV Studios
1315 NORTH BULLIS ROAD SUITE 6 Compton, 90221 California, USA
Phone:
424-338-6260
Web:
www.urbtnetwork.com
Categories:
Business Rating:
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Joseph Collins - Punch TV CEO of Urban Television Network Corporation He's touting a sub one penny stock and not disclosing key info about the company Compton California
Joseph E. Collins was a promoter of Punch TV, a television production firm that never got very far in developing any content, distributing content or raising enough capital to fully develop a business plan.
Punch TV and Joseph Collins signed a contract with Hustle Zombies Entertainment in Los Angeles to produce a reality TV show. Collins and Punch TV. Punch TV contracted to pay 50,000 per episode and $2.1 million dollars to distribute the show. PunchTV did not make the first payment and defaulted on the contract. There is a judgement against Punch TV and Joseph Collins for $2,208,598.92 in a default judgment. The court case is
IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA
SECOND APPELLATE DISTRICT
DIVISION SIX
HUSTLE ZOMBIES ENTERTAINMENT
LLC,
Plaintiff and Appellant,
v.
JOSEPH COLLINS,
Defendant and Respondent.
2d Civil No. B259430
(Super. Ct. No. 56-2014-00448397-CUCO-
VTA)
(Ventura County)
Then, Collins somehow takes over a penny stock company named Urban Television Network Corporation, symbol URBT. Urban Television Network Corporation is a Nevada corporation that was not current in its filing fees and Collins through URBT, filed numerous SEC filings and created a web site stating he's raising capital to launch the television network, production, and distribution business.
Collins has not disclosed in any SEC filings or in public statements to investors that URBT - Urban Television Network Corporation has a court judgement from the court case:
iN THE DISTRICT COURT OF DALLAS COUNTY TEXAS, 162ND JUDICIAL DISTRICT
WESTAR SATELLITE SERVICES
vs
URBAN TELEVISION NETWORK CORPORATION et. al.
Be careful. Collins makes commitments he does not keep, he doesn't pay his debts, and he may be withholding key information from potential investors in his latest business venture.
