Punch TV Studios Announces $50 Million Increase for Its First Roundl of Funding

Tinsel Town, June one, 2021- The innovative multimedia conglomerate Punch Television set Studios and URBT (OTC:URBT), right now announced it'll elevate $fifty Million in the first spherical of seed funding. By employing President Barack Obama's Work Act; Regulation A+, Punch Tv set Studios is poised for being on the list of 1st firms to start elevating cash using this funding mechanism. The corporate strategies to provide twenty five million shares of stock at $two.00 for each share straight to the public.

A photograph accompanying this launch is offered at http://www.globenewswire.com/newsroom/prs/?pkgid=33432

"By enabling the general public to speculate straight into Punch Television set Studios, now it is possible for urban traders to be stockholders and Energetic individuals in our accomplishment. It truly is in the utmost worth that we are able to empower the associates from the urban Local community, who prior to the Positions Act would not have had this opportunity," suggests CEO Joseph Collins.

Prospective investors should really sign-up at http://www.PunchTVStudios.com for being among the the main to acquire Punch TV Studios inventory, as the company begins to check the waters in states that are relevant. Punch Television set Studios strategies to instantly begin promoting its shares after the Securities Trade Commission concerns an effective date. The inventory is now accessible to qualified traders by contacting Punch Television Studios straight read more at [email protected].

Punch Television Studios Trader, and former US Naval Academy Professor of Finance Dr. Betty Burston PhD, states that "Punch TV Studios is a kind of remarkable, cutting edge get started-ups that is certainly emerging with the shadows and transforming right into a media juggernaut, a changeover reminiscent of the early days of Apple, Walt Disney or Microsoft."

The $50 million funds increase will successfully placement the corporate for that start of its new world-wide application "Punch Television Reside." The Punch Television Dwell app will involve several independent tv check here networks streaming Reside 24 several hours per day. Punch Television set Dwell is scheduled for launch in the primary quarter of 2016.

"As outlined by our enterprise product, right after correctly elevating $50 million, we are projected to generate more than $100 million in yearly revenues, and generate in excess click here of 500 new jobs more than the next three several years. We're determined to remodel the city community into an unstoppable force," claims CEO Joseph Collins.