Players Network Inc. (fka PNTV)

[Toxic Avenger]

Wow, there goes the MJ business. But nice to see they are still able to issue toxic debt for conversion to screw shareholders but make sure they can still pay themselves.

On October 14, 2015, Green Leaf Farms Holding, Inc. (“GLFH”) and SFC Leasing, LLP entered into a settlement and release of claims agreement that terminated GLFH’s lease for the property located at 203 E. Mayflower Avenue in North Las Vegas. The Company will need to obtain a new building location in order to transition its provisional medical marijuana production and cultivation licenses to an approved status, which is necessary to implement their plan to enter into the medical marijuana industry. Pursuant to NAC 453A.324, the State of NV has imposed a deadline for the timeline to implement operations, which is currently approximately May of 2016. If GLFH is not fully operational by then their licenses may be revoked.