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The guy takes at most 60k in cash. For years he lived off of fumes, rented cars because he let his personal stuff go for the company. The pictured painted is so far from reality.
Preferred shares are for voting. A/S increase which was PRed 5 weeks ago is to satisfy SEC compliance to cover the current notes.
I can see how it is easily interpreted as you do.
I'll look at the history of how they have issued shares over the course of their 20 history. No reverses splits. 25 mm a year while being completely reporting is minimal. History has shown the company does not use itself as a printing press.
The last several years the increase has come to develop the technology that gets refuted as being established. That is not true. MMJ is real. There is some more money needed to be raised and it is just a matter of time before the right deal presents itself. The PR from Agritek is far from the reality.
Comcast is real. If there was an offer nothing substantial was put on the table would be my guess.
The reality is many years ago the CEO could have sold out, left everyone as bag holders and taken a lucrative job with any of the 100s of contact he made over the years. One poster here said it, he is a good guy.
People can believe what they will, with the rights, but the CEO is all about succeeding and getting the shareholders who stuck it out rewarded.
I said before, he is a visionary. Many fail dozens of times before the finally succeed. No guarantees and it is a risky investment being an OTC stock. But far from a scam with a huge upside.
That is a completely incorrect analysis.
That statement is the farthest thing from the truth I have heard. No pump, no dump, not by the company.
1000% incorrect.
Good point. PNTV was scammed by Monk as much as anyone else. I'm sorry to those that lost. I did from a cost average perspective. I'm buying what I can under a penny. If anything Mark has proven his ability to survive and grow forward. People can believe what they want, but all the ideas, MMJ, Comcast, Platform for monetizing the whole social media thing is real.
Please explain how it is a scam. I know its not. I've know Mark for 21 years. I'm not saying the stock will recover, I think it will, but still not written in stone. Just because ideas don't work out doesn't make the ideas a scam.
That is completely incorrect. The company is not a scam. I'm sorry you got burned by Monk. PNTV may not ever make it, I believe to the contrary, but this company is legit.
If any insider is getting rich please point them out. It sure ain't Mark. If the company is ever successful he will make money, me too for that matter, until then the only people getting rich are no one.
Not true. Salary taken in cash is $50-$60k a year. Rest is in shares which have never been cashed. Anyone familiar with the company and CEO would know he doesn't live a lavish life. 22 years he has put everything back into his company.
Company has 270 million shares outstanding. They've been in business 20 years. Thats an average of 27 mm a year. Not the pattern of a siphoning company.
No guarantees they are successful. But I can say with 100% certainty is that the company, its products, ideas and business is 100% real, they are not just printing shares.
Shareholder Update July 2015
PLAYERS NETWORK CEO MARK BRADLEY UPDATES SHAREHOLDERS ON THE COMPANY’S CONVERTIBLE NOTES, FUTURE OUTLOOK AND MORE
July 23rd, 2015 – Las Vegas, NV – Player’s Network, Inc. (OTCQB: PNTV), a fully reporting publicly traded diversified holding company which operates in two areas; Media and Medical Marijuana, announced today a shareholder update:
Dear Shareholders,
A few years ago I began publishing regular shareholder updates. I believe this year’s update is the most important. There are two sides to all public companies, the operation side, and the public / stock market side. One side’s success is not always reflected by the other, which is frustrating for any CEO. It certainly is for me, because PNTV’s current stock price does not come close to reflecting the company’s true value, or its near-term operational opportunities.
It’s now been over four years after Comcast breached its agreement with the shareholders of Players Network (see “Comcast Lawsuit” section below) PNTV had to find a way to reinvent itself from becoming a traditional mainstream On Demand cable service to our current direction as I will explain below. This breach gave the company few funding options, so out of necessity incurred convertible debt financing. Why? Unfortunately in today’s investment climate the SEC, FINRA and the brokerage community at large has over regulated investment in small cap companies, tightening access to growth capital through traditional means. Those of you who know me, know that quitting has never been an option as long as there is still an opportunity to increase shareholder value. As a result I made a difficult choice to accept the only investments that were available.
The good news is that the number of convertible notes has been reduced substantially. Nearly $500,000 has been eliminated. We now have just a few note holders who are, fortunately, some of the best people in the industry. With the toxic notes eliminated, as I disclosed in my June 30th press release, I expect to see an orderly market rebuilt, and those, like short sellers that pre3y on companies who have speculated on the supply of shares the notes have created, will eventually be forced to cover.
There is a saying in Buddhism, “Turn poison into medicine”. That is what PNTV is in the process of doing. The notes we incurred provided capital that allowed us to build our NextGenTV Platform Version 3.0. The results of this new version are incredible. The platform now allows us to create an unlimited number of Branded Digital Channel Destinations in any lifestyle category, with Social Communities, a vital Marketplace, and many additional ways to monetize the viewing of videos.
Early feedback from prospective customers and users indicates that our business model will raise the bar on the way Digital Networks are built and monetized. Our first Channel Service to be launched by the last week of August is WeedTV.com (see “Green Leaf Farms Holdings” section below).
PNTV’s NextGenTV Platform combines practical applications with strong business tools that are efficient and easy to use. Once deployed, the Channel becomes part of a larger, targeted Network utilizing our Content Management System. Our solution allows personnel with minimal marketing skills to function like highly skilled, highly paid senior marketing experts. This lowers our clients’ marketing costs and allows them to stay connected to their customers, as well as capture new ones to compete on a higher scale through content distribution, for only a reasonable monthly license fee paid to PNTV.
Green Leaf Farms Holdings:
Green Leaf Farms Holdings Inc., a privately held company owned 80% by PNTV and 20% by private investors, has been granted two licenses in Nevada, one for cultivation of medical marijuana, and the other for production of cannabis-based products such as edibles. These privileged licenses are extremely difficult to win, but GLFH won them.
A final obstacle was recently overcome when we received State approval to move from our original location, raw land in the desert, to an existing building already approved for our business purposes. This move was literally accomplished by an act of Congress. PNTV lead a lobbying group, and worked with Senator Richard Segerblom to change the law with the passage of Nevada Bill 276, allowing our beneficial move that will save us about a year in construction and shorten the time to begin realizing the significant revenues the Medical Marijuana (MME) Industry generates.
Our Media technology, expertise and experience will allow WeedTV.com to not only market GLFH’s own branded products, but to be a powerful marketing platform for approximately 70,000 small and medium size businesses in the medical marijuana sector including dispensaries, cultivators, doctors, manufactures, consultants, public companies, smoke shops and more. Business can chose from self-operated marketing packages starting from as little as $150 per month, to enhanced media service packages that costs up to several thousand per month.
WeedTV’s goal is to surpass the number of clients, and amount of revenue generated by platforms like WeedMaps and Leafly that are both generating about $30 million per year. Our Plan is to use WeedTV.com to launch NextGenTV, then expand to other Lifestyle Categories, creating a network of Digital Lifestyle Channels under the NextGenTV umbrella.
Having overcome all licensing obstacles, GLFH is moving into the design and engineering stage and seeking to raise the additional capital to open our facility. After exploring several options, we selected “3C”, a highly creditable consulting firm out of Colorado that has 7 years of experience in the MME industry. With their assistance we have made tremendous progress completing enhanced business and marketing plans to garner the initial $6,000,000 investment needed to convert our 22,000-square-foot, single story building, into a 38,000 square foot, two story, state-of-the-art production and cultivation facility.
At full capacity, the facility is projected to generate approximately $42,000,000 per year in revenue. We expect to be at full capacity by the time Nevada follows Colorado and Washington and legalizes the sale of recreational Marijuana in 2016 / 2017. At that time Las Vegas will become an even more lucrative recreation destination for first-mover companies like ours. With this business opportunity looming, we have many large funds interested in funding our operation.
The Comcast Lawsuit
PNTV’s $150,000,000 Lawsuit against Comcast was filed in Nevada in January 2014. It charges Comcast with breaching its ten (10) year contract with PNTV entered into in 2005. The contract requires Comcast to support PNTV’s “Vegas On Demand” VOD Channel with the same resources they support their own VOD Channels, which includes providing PNTV with Dynamic Ad Insertion (DAI), which Comcast failed to do, despite the fact it activated DAI on its own VOD channels in addition to several other claims.
PNTV’s lawsuit ascribes significant loss of income and market value due to Comcast’s breach. Comcast’s high-priced lawyers have made multiple attempts to get the case thrown out. PNTV has prevailed in each attempt. The lawsuit is now in its second phase of discovery and is expected to go to trial in 2016 (unless of course Comcast offers a significant settlement prior to a trial). PNTV has the additional advantage of winning the right to have the lawsuit filed in Nevada, with a Nevada jury deciding the case, and the amount of damages awarded to our small, local company undermined by a media behemoth from Philadelphia.
The second round of depositions are scheduled to be held from mid-August to early September, there after we will be entering the damage stage and validating our losses with expert witnesses.
Corporate Structure:
PNTV has had 600 million shares authorized, and issued about 270 million over twenty years. This past week, PNTV filed to increase its authorized shares to 1.2 billion. Often when companies increase their authorized shares investors worry about dilution. Let me assure you that we intend to take the same measured approach we have taken historically. This reason for the increase is that the company has many shares tied up in the outstanding notes referenced above. Due to that reservation of shares, and our low stock price, PNTV has little leverage to use our currency. Thus we need to have more shares available for opportunities such as mergers and acquisitions, new investors, and spin offs, etc. That is why it is imperative for PNTV to gain back its leverage, and having more authorized shares can provide us that leverage.
The Future:
Our NextGenTV Platform allows PNTV the opportunity to become a leader in Media and Technology.
Green Leaf Farms Holdings, Inc. provides an opportunity to become a leader in the lucrative MME Industry.
While having two vertically integrated business sectors is optimal in many ways, Wall Street often prefers two separate sectors. Thus, as GLFH ascends toward that individual goals, in two to three years may will likely consider spinning it off into its own public company with its own dedicated management team. If this happens, you, our shareholders, will have stock in two viable public companies, creating a substantial dividend.
With most of our development behind us, the company can now focus on generating revenue from NextGenTV, Channels Partnerships, WeedTV.com deployment and Green Leaf Farms, not to mention a positive resolution to our Comcast lawsuit.
If only one of these opportunities is successful, PNTV will be able to leverage its unused assets, such as our 27-million-dollar tax-loss-carry-forward, that will allow us to keep more cash in the company.
If you would like to do your own due diligence, we have published both our overall Business Plan, and our Power Point on Green Leaf Farms, on the following link:
I hope this update has provided you with insight into our company’s struggles to win in today’s precarious business battlefield, our challenges, our victories, and most of all, my determination to reward you, the shareholders, for your support and loyalty. I hope this has made you a bit more enthusiastic about PNTV’s potential for success.
Please feel free to contact me any time to answer your questions.
Sincerely,
Mark Bradley
CEO
About Players Network:
Players Network is a diversified company with holding in Medical Marijuana and Media. The Medical Marijuana asset is primarily through the Company’s 80% ownership in Greenleaf Farms Holdings. The Company that uses its proprietary Enterprise Web Platform to develop Branded Digital Lifestyle Television Networks for itself and its partners in a wide range of lifestyle categories. Players Network’s current original channels, “Players Network”, “Vegas on Demand”, “Real Vegas TV”, focus on Las Vegas and Gaming Lifestyles. The newest channel “WeedTV.com focuses on the rapidly expanding cannabis community. These channels are distributed over PNTV’s owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD, and through worldwide television syndication. For more information please visit www.playersnetwork.com
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.
Player's Network Announces Nearly $500,000 in Convertible Notes Have Been Retired
Accesswire
June 30, 2015 1:25 PM
????
Debt Holders Including KBM/ Asher, LG Capital, Typenex Have Been Completely Eliminated
LAS VEGAS, NV / ACCESSWIRE / JUNE 30, 2015 / Player's Network, Inc. (OTC: PNTV), a vertically integrated, diversified, fully reporting public company operating two complimentary portfolios of Media and Cultivation, Production & Licensing of products relating to Medical Marijuana, announced today that the company has reduced its debt and paid off; KBM / Asher $200,400, Typenex $104,000, LG Capital $50,000. Other positions reduced include WCH $60,000, Group 10 $30,000, Tangiers $47,000, for a total of $491,000. This was accomplished by the payment of $146,400 cash and the balance through conversions over the last 3 months.
C.E.O. of Player's Network, Mark Bradley noted, "Entering into convertible debt agreements with lenders was necessary to obtain capital that advanced the operations of the Company. Many of these lenders have become great partners believing in our plan and the long-term growth of the Company. Unfortunately, some lenders dramatically misrepresented their intention in order to acquire our account. We have taken action to retire these lenders to lessen our debt as well as to decrease shareholder dilution. We continue to have notes in place with select companies that have a proven track record with us and have shown themselves to be good investment partners who care about our Company's success and market stability."
Bradley adds, "With the abusers gone, we expect our market value to rebound to a share price that more closely reflects the Company's significant assets and opportunity's at hand. Most immediately those are to build out of our subsidiary's Cultivation and Production Facilities that has been expedited by the recent passing of Nevada Senate Bill 276 Permitting final State approval. These operations will provide PNTV with a strong source of revenue and recurring cash flow along with the monetization of our IPTV platform and Weed TV channel. Given the recent market volume, I also suspect there has been short selling against the anticipated market supply from these notes, which now retired should have to be covered in the coming days. The Company is making great progress and is planning an in depth shareholder and investor update after the 4th of July holiday that will include several exciting developments. As always we are committed to long term capital growth of the Company and creating value for our shareholders."
About Player's Network:
Player's Network is a diversified company with holdings in both Media and Medical Marijuana. The Company uses its proprietary Enterprise Web Platform to develop Branded Digital Lifestyle Television Networks for itself and its partners in a wide range of lifestyle categories. Player's Network's current original channels, "Player's Network," "Vegas on Demand," "Real Vegas TV," focus on the Las Vegas and Gaming Lifestyles. These channels are distributed over PNTV's owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD, and through worldwide television syndication. The Medical Marijuana assets are primarily through the Company's 80% ownership in Greenleaf Farms Holdings, and PNTV's newest channel, "WeedTV.com, which focuses on the rapidly expanding cannabis community. For more information please visit www.playersnetwork.com.
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.
For further information contact:
Media Inquiries:
Lisa Mayo-DeRiso
702-576-2659
Investor Inquiries:
info@PlayersNetwork.com
SOURCE: Player's Network, Inc.
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Looks like we hit bottom. I wouldn't be surprised if we didn't get our financing straightened out.
Not necessarily.
I'm sitting over 2 million shares and I'm planning on it! go PNTV!!!
Money is coming in to clean up convertibles. Not only that
As stated in the previous shareholder update Green Leaf Farms has raised all the needed capital to develop, build out and operate the facility, based upon the current rollout plan. Furthermore, the Company has entered into a management and licensing agreement with Agritek, www.agritk.com (OTCQB: AGTK), including overseeing the facility's design and the production of drink, edibles, oils and a broad line of other infused goods.
Money is already here.
Player's Network Announces Green Leaf Farms Holdings Received Approval to move Its Medical Cannabis Cultivation and Production Business
LAS VEGAS, NV / ACCESSWIRE / April 23, 2015 / The new approved location is an existing building, which will allow product to be brought to market and revenues to commence in 2015, 12 months ahead of the previous schedule.
Players Network Inc. (OTCQB: PNTV) announced today that its 80% owned subsidiary Green Leaf Farms Holdings Inc. was granted approval by both The State of Nevada and City of North Las Vegas to relocate the MME Licenses from the undeveloped land to an existing building also in North Las Vegas. This 22,000 sq. foot building with the needed special use permit for medical marijuana growth and production recently became available. The Company was able to capitalize on this extraordinary opportunity and gain a competitive advantage in bringing the product to market on an expedited schedule. The lease with option to purchase agreement has been finalized, executed and funded. Green Leaf Farms possesses two licenses from the State and the City to grow and produce medical marijuana product for the Nevada market. Plans for the interior build-out will include a second floor to double the growth and production capacity to a 44,000 facility. The build-out will be implemented in stages to reflect the demand in the emerging Nevada market.
As stated in the previous shareholder update Green Leaf Farms has raised all the needed capital to develop, build out and operate the facility, based upon the current rollout plan. Furthermore, the Company has entered into a management and licensing agreement with Agritek, www.agritk.com (OTCQB: AGTK), including overseeing the facility's design and the production of drink, edibles, oils and a broad line of other infused goods.
Nevada is one of the only states that recognize reciprocity between medical marijuana patients in other states allowing anyone with a legal medical marijuana card to purchase medicine. This exponentially increases the potential for the Nevada market today for its products. In addition, there are already doubling the amount of signatures needed in the State of Nevada required for recreational use of marijuana to be on the ballot, and for recreational approval in 2016. With this combination of factors and the 40 million visitors per year to Las Vegas, Nevada, it is expected to quickly become one of the largest markets in the world for marijuana.
Mark Bradley CEO of Players Network stated, "This approval is the final milestone that was necessary to move forward and begin construction. We have everything we need and are quickly finalizing design time schedules, construction permits and plans and expect our first crop around the 4th quarter of this year. The Company will immediately recognize revenues through its 80% ownership of Green Leaf Farms from the production of extracts from other cultivators who did not get approved for a production licenses. This approval marks what I believe is the beginning of a new paradigm for the Company, a foundation of sustained profitability and growth that will provide value to our shareholders who have been patient during this development process."
About Player's Network
Player's Network, Inc. (PNVT) is a fully reporting publicly traded diversified holding company who operates in two main areas; Media and Medical Marijuana. PNTV's primary objective is to create shareholder value by identifying opportunities in niche emerging markets. For more information please visit www.PlayersNetwork.com or call our Investor Relations Department at 702.743.3457.
About Green Leaf Farms Holdings
Green Leaf is 80% owned by PNTV and has been granted 2 licenses by the state of Nevada for Medical Marijuana Cultivation and Production of Marijuana infused products. Green Leaf is constructing a substantial facility in North Las Vegas for its operations. "Green Leaf Farms" will be the GLFH's consumer brand in our product development as well as branding for additional facilities. This brand equity will be used to expand into other states as they receive legislative approval. The Company will not expand beyond Nevada until this is compliant with Federal laws.
Statement under the Private Securities Litigation Reform Act
With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.
CONTACT:
INVESTOR RELATIONS
702-734-3457 ex 102
info@playersnetwork.com
MEDIA
Lisa Mayo-DeRiso
702.576.2659
SOURCE: Player's Network, Inc.
Welcome to all the new moderators. Today was a big day for PNTV, and more than just volume. It won't be long.
I believe he is working for the company as an internal Investors Relations guy. Think they are reaching out to their share holders.
Someone is accumulating and we are thin on L2.
This is great news!! There will be a settlement from Comcast this year. Can't wait to get an update on the Cultivation facility. There is so much money out there looking to jump into this market it's just a matter of time before their funding comes through.
Definitely seems like someone is boxing it. Hard to say who. We can all speculate. At some point there will be no need for more note based financing so if it is the note holder walking down their profits eventually it will end.
Absolutely not true about the denials. There are law suits against the city now because of the shady way everything went down. There were operations from CA that were light years ahead of everybody that did not get a license.
MoneyTV is paid advertising. Everyone knows that. Its an inexpensive way to reach a wide audience. Listen to the content. They are not pumping.
It was way more than just paying the fees. The requirements were daunting. There were over 100 pages submitted, teams of security, scientists, grow experts, had to have the land/space already in place, not to mention over a million raised for GrrenLeaf of which 80% is owned by PNTV. It was extremely difficult to get that license.
As for competitors maybe in distribution but in cultivation and production of oils and waxes there won't be enough supply. The competition will come in the form of quality. As the Freak Brothers comic said in the 70s "it's better to have weed in times of no money than it is to have money in times of no weed". When NV passes recreational use in 2016 that statement will come to be true.
And as a fully reporting company, for its entire life of almost 20 years, makes a pretty good case that it is not a scam. You can see by looking at the number of PRs put out that they are not pumping.
Hawk we all know it's a real company. Give the Devil his due in the fact they have not produced revs as of yet but far from a scam.
Platform is done with RealVegasTv.com and WeedTv.com up and running on it, financing in place to build out 2 grow facilities, Comcast lawsuit has gone to the next phase.
What cracks me up is the term death spiral. It's financing, albeit at less than optimal terms, but financing none the less. And over a 20 year time span the company has proven it self to be judicious with issuing shares.
No guarantees but I think we are just this close to busting it wide open.
The hundreds of cultivators will not be able to produce enough product to meet demands. Not a worry.
Platform was unveiled last year
Revs are growing but slowly. Hang in there Kez. You'll be fine
Competition won't matter in terms of volume. CO can't keep enough in stock. Quality will be the decisive factor.
As for platform.
WeedTv.com
RealVegasTv.com
They run off the platform.
But you know that.
They were never granted a dispensary license they were granted cultivation and production. The money is in the cultivation. A dispensary is useless without product.
Players Network New Corporate Website Reflects Company Expansion into Cannabis Cultivation and Production
New Website www.playersnetwork.com Delivers a Clear Message that Reflects the Repositioning of the Company and its Evolution in its Combined Cannabis and Media Businesses
Dec 10, 2014 (eTeligis.com via COMTEX) -- LAS VEGAS, NV, United States, via ETELIGIS INC., 12/10/2014 - - Players Network (OTCQB: PNTV), is a diversified company with holdings in two primary areas; Medical Marijuana and Media, announces today that it has re-launched its corporate website www.playersnetwork.com.
The new site is designed to connect our shareholder directly to the Company's management and communicate with our shareholders through social media connections, newsletters, and alerts. To receive alerts please go to the website and simply fill out a short request form to stay current on all new developments and news.
Players Network is operating in two rapidly growing markets and information changes quickly. The Company understands the need to communicate clearly with its shareholders. In this digital era of communications, we have found that our messages often get miscommunicated or sometimes completely fabricated information through third party chat boards, websites and forums and want to provide a direct form to communicate information that is 100% accurate that our shareholders and investors can rely upon.
Mark Bradley, CEO stated; "There are few small cap companies that have an open door policy where you can speak directly to management. I may be a little old fashioned in that regard, but that is the precedent we have operated under and we plan to continue. We hope you enjoy exploring the new site and encourage you to please connect with us with questions about any of our business divisions, as we look forward to communicating with you."
About Players Network:
Players Network is a diversified company with holding in Medical Marijuana and Media. The Medical Marijuana asset is primarily through the Company's 80% ownership in Greenleaf Farms Holdings. The Company that uses its proprietary Enterprise Web Platform to develop Branded Digital Lifestyle Television Networks for itself and its partners in a wide range of lifestyle categories. Players Network's current original channels, "Players Network", "Vegas on Demand", "Real Vegas TV", focus on Las Vegas and Gaming Lifestyles. The newest channel "WeedTV.com focuses on the rapidly expanding cannabis community. These channels are distributed over PNTV's owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD, and through worldwide television syndication. For more information please visit www.playersnetwork.com.
About Green Leaf Farms Holdings (GLFH) :
The Green Leaf Farms Holding Company is 80% owned by Players Network and has been granted 2 licenses by the state of Nevada for Medical Marijuana Cultivation and Production of Marijuana infused products. GLFH is constructing a 39,000 sq. foot facility in North Las Vegas for its operations. "Green Leaf Farms" will be the GLFH's consumer brand in our product development as well as branding for additional facilities. This brand equity will be used to expand into other states as they receive legislative approval. The Company will not expand beyond Nevada until this is compliant with Federal laws. PNTV is one of only two fully reporting and compliant OTCQB companies to receive approval of medical marijuana establishments.
About WeedTV:
Weed TV is a Lifestyle Channel Destination powered by PNTV's NextGenTV(SM) enterprise platform. WeedTV is the go to source for informational, entertainment, products and services for people who relate to the marijuana lifestyle and social community. Weed TV will feature daily stories sourced by weedtv.com correspondents and contributors from around the world. It will provide a wide variety of editorial content, videos and entertainment including lead stories, political news, business news on the industry, financial analysis from industry experts, growing tips, cooking tips, a "Weed101" section, medical uses, lifestyle features, entertainment specials and merchandise shopping cart offering the latest products and services. www.weedtv.com
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.
CONTACT:
Media Inquiries Contact
Lisa Mayo-DeRiso
702.576.2659
Investor Inquiries Contact
Parker Mitchell
702-575-9157
SOURCE: Players Network
Associated Documentation:
http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=28632 - Link to submission on http://www.eteligis.com
http://www.eteligis.com/FileHandler.aspx?submissionRequest=28632&documentRequest=19989 - PNTV_12-10-2014_888_ETL.docx
Copyright Eteligis Inc. 2014. All rights reserved.
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INDUSTRY KEYWORD: ADVISORY
ENTERTAINMENT
TELECOMMUNICATIONS
SUBJECT CODE: ADV
COA
Players Network is a media company with 2 destination channels one being WeedTv.com the other being realvegastv.com.
They also just received a license and zoning approval to for a MMJ production and cultivation facility in North Las Vegas near the speedway.
Thank you.
Pretty sure it made the ballot and is on the table for 2016.
I tried to find a link. Found some interesting articles on Forbes but can't find the Top 8. Link please?
Very exciting developments!! Initial 2 buildings will generate $13-$16 million a year with the ability to grow to 70k sq ft. Let me see, that's almost $50 million yearly. Think I'm gonna hold and see.
I don't believe for a second these are shareholders or even note holders dumping. Any of those notes in the K are R144 stock so restricted for 6 months. You know that.
SP has been rising on small volume for a while now and yesterday some dude comes on and says we are retesting .026 and then there is share dumping in the morning. Looks to me like some people are trying to keep this thing from moving naturally.
All of those shares you see going out are to the people responsible for putting the cultivation facility together. Players purchased 3.2 acres of land in NLV, have plans being drawn and are now going through literally a dozen proposals for building and running the facility.
This is a license to grow money!! Significant piece to funding this company. They are making millions in CO and WA. They can't keep up with the demand. Production and cultivation could easily bring in $3-$5 million annually alone.
That proves nothing really. Monk was over 4 years ago. Completely different scenario here. And like you and Pink said Monk scammed PNTV. Naked Shorting could have easily occurred over the last 12-24 months.
If there are NSS one thing that would make them cover would be a run on the stock, like when news of a MJ license comes through in the next 30 days or so. Another way to make them cover would be to have an accounting of all shares. What would force that I wonder?
Were they the MM sitting at 500k @.0175? I know there is some support out there, also heard some people think there is a short position in this stock.
If there is a short position if it were me I'd wait till I got all my licenses, spin the new company, Green Leaf Holdings, into a separate company and force an accounting of the shares. If anyone is short that would force them to cover.
Agreed!
Let's get state approval and we have a cultivation and production facility. We present to the Commissioners at the end of the month about the dispensary plan. We had an initial positive response from the district commissioner where the dispensary is planned. Nov. 18th we are supposed to hear back from the state. Perfect storm setting up here.
P&D please. Show me the pump, show me the dump. Read this.
Opportunist: How have your shareholders taken to the idea?
Mark Bradley: Before I decided to do this I was tiptoeing on eggshells, but when I asked two different groups of shareholders what they thought—and lots of doctors and professionals are involved in this company—I was overwhelmingly shocked when nine out of 10 said, ‘Yeah, we should do it.’ In fact, I’ve never had anything in my life fall into place like this venture. It feels as if a lifetime of angels are hovering above me because we needed a scientist, and boom I was on the phone with one the next day. Then I thought, I need an investor and the next thing I know there’s more investors in line than we could talk to. I’ve had to turn away more money than I’ve ever had to turn away in the past. This will be one the biggest industries in our lifetime; the most unlikely people were lining up to invest in Green Leaf Holdings, but because of regulations and extensive background checks we had to limit participation. At this time if they want to own a share of Green Leaf Farms, they will just have to own a piece of Players Network.