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Reg, PNTV will become The Marijuana Channel on the Internet. Check out your cable TV Guide sometime. How many niche channels are there???
Duck, Holy Smokes, I had NO idea that was $0.04 a long time ago!!!! Wowee!
DC, when the new streaming tech hits the new site, what then? I think it would not be in Chris' personal interest to make any of this up.
Under The Features category on this site they mention Neovix software:
http://tinyurl.com/nhj44s3
Check Google Maps - street view. It's an office building.
Patience is key. For a pink sheet stock at this price with this potential IMO is a great buy down here. Chris and his staff are working and making nice strides in 2+ WEEKS!
Interesting, it UTRM went up 0001 today, we'd have way less posts calling out Chris. I'm trying to remember over the last 20 years how many startups had their CEO providing PRs every week to appease those who need PRs every week. Hmmmm, I can't think of one. Chris puts out a shareholder letter exposing what we can expect in Phase 1 - 2-3 vids a day. He later tells us via FB they are working on some exciting things and thanks for your support. Yet, he's being lambasted here on iHub due to a falling stock price where a few people in the world today decided to sell or, MMs decided to move shares around. Impatience meter at 1.125. #Impatient, $UTRM
Exactly!
On the 0-10 patience scale, here over at the OTC I'd give it a 1.75. If any startup on the NAS had this kind of investment horizon, I'm not sure if anyone would make any serious money. What CEO on the OTC gives his own interview, on his own network (less than 2 weeks old at the time), has released 20 news videos, retired shares of primary and class C, put out a shareholder letter, keeps people informed on Facebook (granted today too late), and CLEARLY stated weeks ago that what we'll see is Phase 1? Hypothetical, if he stated Phase 1 would be 6 months, would anyone have invested? Sure we expected more from the Feb announcement of live TV, but it's Phase 1 and I think more patience is in order to allow this to play out. This has gotten oversold and IMO, the patience meter needs to move up past 1.75, or you'll be left behind. Chris doesn't pump just to pump. I'm impressed by what's happened in 2 weeks. But for this to grow, it will take 'some' time, and I don't think that he can give us what everyone wants every week. Alexa stats are improving, and he's told us more is coming. I myself is sick of selling stocks early to look back 2-3 months later and be like, I knew it. Bought 1,000 Pandora at 7+ and sold later that week because it wasnt moving!!! 1 year later it was over 30. Only one of many. When I read about this back in early March I was very intrigued. Sure it's the OTC, but there is something different here as far as potential. I'm giving Chris, his anchors, the people behind the scenes a chance to accomplish their goal. If u sell and move on, people understand, but it seems that with so much potential, at this price point, and the fact the company is 2+ weeks old, patience is a virtue.
Carlo, I HIGHLY doubt he PUBLICLY lied on his own TV show a couple of weeks ago that he isn't selling. IMO a nice entry point here for a 2 week old company. Remember, you always bring up the past and this is completely new management.
Lena is improved to the point that she is a newscaster! Tom is good, just a small bit hesitant at times. There is less back and forth lately which is a big improvement. After two weeks I am very pleased with the coverage.
Agreed, I was thinking the same thing. Real crisp.
DC, that's the whole issue! It ran SO hard from the 20's to the 140's in a few days! If it went no higher than 40, all would be better. But the huge increase drew in many who otherwise may have not known about it, and they are hurting.
If there was one trader who loaded in a big way during the initial move from 0002, and wanted more from the website debut, is he or she not allowed to dump? Should Chris catch every share? Nothing has changed except the retirement of Class C shares since the debut. Phase 1 of any project is not the finished product. There is room for improvement but what can Chris do to stop the selling. When he announced the reverse merge, it was 20. It's 50% higher now. WTF can he do if a large shareholder wants out? If the debut was great, and this same person was still selling, it would all be scooped by others. Now MANY are waiting for the bottom for a company who you can actually watch on a web site, YouTube or FB. Talk about transparency. How many companies here move on vapor, no pun intended. I can't get over how many move up big, I check press releases and the last one was 183 says ago. This is real, will get better, it's just a terrible time when some want to dump in a big way.
When the stock was at 75 people weren't sure if it was even real or not. Now that we have a polished newscast with multiple sources of future revs - the stock is under 30? There are pennies where there are NO press releases for 6 months and they move up. This is capitulation, a few traders getting out, and the opportunities for people who are in the know to capitalize, IF you want to add more here. How in the world this goes to 000's would be mystifying.
Ocean, do you think the reporting would be negative if this were 3 months ago? There has been some negative news to report now, but I agree, they need to mix in positive reports. Some good suggestions have been made by others on Facebook.
Great post!
I agree, I think someone is selling. Could be a person who picked up an S-Load back in the 000's and wanted to be rich quick, is frustrated by Phase 1 and is dumping. A big mistake in my opinion, but to each his own.
Virtually every Marijuana stock and most pennies which are widely followed are having bids destroyed and asks stacked. When you read Twitter, SO many posts for OTHER stocks have people rooting - "SLAP THAT ASK ALREADY!!" Or, "that's a fake wall, knock it down!" Oh my, the whole sector is suffering.
Doesn't it seem impossible to think Chris is selling shares when on "TV" he stated that he isn't selling???? This board doesn't think that Chris is in this for more than 1/3rd of one penny - and that's the extent of his efforts???? Amazing.
The issue was this stock went up 40 fold the first time from 1 to 40,then settled in the 20s and went to the 140s. What stock does this? Then from the 60s to 110s. A slow steady rise would have been better for the people who are holding. This stock can really move when it wants to. I think there is a couple of shareholders who have a lot of shares and are slowly bleeding them off because they want out now. MOST holders here are very impatient.
This is all in my opinion. How about bundling what would amount to 3 days of stories - roughly 22 minutes, a CEO interview or someone in the MJ field, along with a 'live commercial/ad' or two, either read like they do on radio, or a separate recording which an advertiser provides - and you have a nice 30 minute package of marijuana news. This could be released once a day.
Maybe in the near future, this could all go live. Tune into PotNetwork.tv from 2:00pm to 2:30pm EST today...
I truly feel Chris is JUST starting out with this endeavor! It totally stinks to watch the stock price rise and fall a couple of times, but the next leg up may be greater.
DC, we're on the same wavelength. The sector is way down. SPLI went from sub penny to around $0.45 and now stands at $0.12. This is not just PNTV specific.
Another good report. More and more content during Phase 1.
SO many charts of legit penny stocks show big jumps, then a decay until an even bigger jump. I still think patience is key, even with these red days.
DC, EXACTLY!! I recently tweeted some of this same thoughts regarding the insurance deal to people who think Chris contradicted himself with today's PR - which by the way was good news.
I couldn't agree more. This is the land of impatience, especially after a huge run - severely backing off. I thought of exiting as well but I kept picturing looking back later this year and seeing the stock between .05 and 0.10 and I'd be like, I should have held. Maybe this doesn't happen, but we're 1.4 WEEKS into this new company and to me Chris seems like a genuine guy as far as this endeavor with PotNetwork.tv goes. I'm hopeful that as this matures in a positive way, the stock price will move accordingly.
IMO the site needs to gain some traction and visibility before you can garner a celebrity endorsement. The level of professionalism which is now evident during the newscasts will go far in demonstrating what Chris wants to provide his viewers. In addition, company reps and CEOs will more than likely want to use PNTV as it will soon be seen as the primary portal for disseminating MJ news to the community IMO.
Plus, Lena and Tom continue to improve and are delivering a very professional newscast. Impressive after 1 1/2 weeks.
ATDF just added 5m onto their existing bid at 39.
How about a CEO interview from a top MJ company? Do you think that would entice more to view? How about shareholders from this CEO's company? May be an interesting way for a CEO to update the community as well as be seen vice just be providing info via words on a screen.
That's strange as SPLIs new ticker begins trading today under VPOR - and it has been less than 6 months since its merger.
Vapor Group's President and CEO, Dror Svorai said, "This name and symbol change is very exciting for us since it completes our merger of January 22. We had already made this name change in our home state of Florida in January, and have been waiting for its processing by the OTC market. We are delighted to have this finalized and to have the new symbol, 'VPOR'."
Love that Willy Wonka scene at the end of a great movie!
17M on bid @ 41.
Earlier NITE was on the bid at over 10M shares @ 38.
Million share orders filled on the ask at 42.
I think this is the main point here. Most people involved in these OTC stocks are in it for quick flipping. It seems to be a right knit community of investors. Which one should we get into before a small piece if news moves it and we'll get out when it peaks. To me, the difference with $UTRM is it is a real company with a CEO with vision. His company is far from widely known, but I think that would change as SEO improves, with Phase II and a celebrity or two. To me, the audience is very limited right now, and this can easily change as the company moves forward. People sell on the news, but the next piece of news may be much larger for a company still in its infancy.
Briefly a 15+ million bid at 41.
You stole my post, perfect report, and very clean transitions, their sign-on and sign-offs are crisp as well. Lena and Tom have come along VERY nicely this week!
CK, I agree, good close. Pennyland is an interesting mix of flippers and investors. But when one company comes along which has the goods IMO, the patient will be rewarded.