Players Network Inc. (fka PNTV)

[Toxic Avenger]

When you start believing newsletters over SEC filings, you'll find yourself at the mercy of death spiral convert holders and the company, who need retail buyers to keep funding the company, as they have for more than a decade.
PNTV has reinvented itself and it's projections ever since it began. Not one business model has proven even modestly successful. However, dilution through death spirals has continued ad nauseam.

The company's relationship with Monk and his scam speaks volumes as to their credibility, as does their many positive prognostications on content, the platform, Comcast suit, Weed TV, and now pot production.

Meanwhile, in all of 2014, revenues of less than $10k, and expenses of $3.2 MILLION, including $544k in compensation to the CEO.

Meanwhile, the company is $1.9 million in the red in working capital.

The only thing being reinvented is the excuses for failures and hype to try and lure more money in for insiders and their death spiral friends.

I agree that relying on the company's "projections" is counterproductive, at least to investors looking to make money.
The filings tell the REAL story. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10628449