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Convertible loans will not be needed any longer or for much longer. They are less than a year in from when revenues started, you could actually say they just started this quarter since previous revenues didn’t even pay for costs and was minimum.
They should get a bubble hash machine going in CA. Also work a deal out with CO2 extraction company to produce oils for vape pens. I guess they could just sell them the trim too and be done.
Eventually though they should acquire their own CO2 extraction unit. The vape oils are getting extremely popular and profit margin is higher.
PNTV - 700lbs harvested in June from CA. July starting off with a bang, expected harvest in first week. That’s putting them at a harvest every two weeks!
Las Vegas grow should be drying their first harvest this week. Should be some nice production by 2nd or 3rd harvest there.
They already stated they had product pass test. What if’s are meaningless and if you feel they won’t pass then don’t buy shares.
Good news clip on CA supply of MJ https://www.cnbc.com/video/2018/06/29/california-marijuana-retailers-brace-for-supply-delays.html
Or the weekly Monday Press Releases they said will start, that could bring in many new investors here.
The advantage is in knowledge of tracking seed to sale as they do in their Nevada location. I’m sure very few other cultivators in CA have grows outside of CA like PNTV does. So they have a distinct advantage of knowing how to track seed to sale and are experienced at packaging their product for sale plus have all the equipment and connections already set up to do this.
Lol I meant packaged by 1/4’s 1/8’s and maybe even down to the gram but that may be more of a Vegas amount where people are just there a few days.
That info came from videos they have put out so it was shared by the company. Mark talked about it costing them about $100 per pound to have it packaged. And then getting much more per pound from the dispensary since the product is tested, packaged and ready to be put on shelves and sold.
Maybe it passed and they will be first to market with pre packaged flower that they can sell for $2,000 a lb.
No one knows and that’s why some are buying and some are selling. If you look at PNTV’s past year they have become very knowledgeable of the whole testing and packing process which can put them way ahead of the competition. I’m betting the whole regulated process benefits them and actually gets them many new customers. So with that I have been buying shares, a lot.
The MJ already in dispensaries is being discounted because it has not been tested. The growers change will be they have to have their product tested and labeled before being sold now. So instead of selling at a discount all a grower would do is get their flower they have tested and they will be first to market with tested product. Why would a grower sell at a deep discount vs. just getting the product approved.
Turn up that volume, lol. Wow only 171,000 shares traded and its 1:30p!
Time for some paid promotions, nothing wrong with getting your name out there when you have a credible business going. It’s not pumping when there is revenue to back your information. Many big companies pay for promotions or ads to attract new investors.
Biggest Canadian grower Canopy trades at 77X revenue, PNTV trading at 3X.
When PNTV reports the massive revenue increases in August this will explode upwards and not retract. All they have to do is keep those revenues coming in and not blow any of it on the failing WeedTV or the insane MJ Acc idea. MJ Acc I mean really a company still paying toxic notes themselves is going to fund other companies without cash. Makes no sense.
Going to be hard to keep marijuana a schedule I drug now that congress has approved GW’s epilepsy drug. Pretty sure one of the criteria of being a schedule I drug is that it has no medicinal uses. That is no longer true for MJ now that the first epilepsy drug is approved and probably many more to come. Should be interesting to see how it plays out.
Facebook live does not cut it, I believe they said weekly press releases updating company progress starting yesterday. They really need to to start putting the company out in the public eye. Free Facebook live videos are not reaching new investors.
Do you have any shares, are you looking to get in, what do you think is a good buy price?
We all know they need to do more news releases and paid promotions if they want fresh buyers. If they don’t revenues will speak for themselves in August and if your holding a short position at that time good luck.
PNTV’s California Farm is putting out some massive amounts of MJ.
Watched video again and things there looked great! This CA farm takes tons of pressure off the Las Vegas location, I almost feel like any revenue made from Las Vegas is just extra. But that extra is going to become a huge source one day. Added to the already 11 million or so annually from CA.
700lb June!! They did 300 lbs earlier this month.
Sorry to hear that because that means you missed out on that monster run last July. Could of made a boat load of money, you were in when it was under a penny so it had 20x to 30x gains from there.
Check back in next year we will let you know what else you missed out on. Even now they are 4x’s or more than what they were a few years ago when you had them. Damn don’t miss the gains again this time, this is a no brainer feel lucky the market is having a delayed reaction to the huge revenues coming. This will see .25 plus by 2019, that’s just my guess.
That was the follow up video from today.
Video came out already, here is link https://m.facebook.com/pg/PlayersNetwork/posts/?ref=page_internal&mt_nav=1
For all you chicken swallowers out there... lol
A big run up is coming!!!
I like that, “a big chicken to swallow” you make up some funny sayings man.
Wish those videos would be released as news!!
They have debt just as any company does especially companies with recent acquisitions. Just need to get the revenue on the PNTV books and much of this debt talk will go away since share price should really start heading north once that hits.
When new CA regulations start GLF CA needs to have product tested and in jars ready to sell to the dispensaries. This will help them a few ways, first selling to dispensaries that are not ready with packaged product and thus being able to charge a premium since their product is ready to sell. Second most likely some of the dispensaries will be new customers another win. Lastly but I’m sure there are others, they could create the norm with their customers of packaging coming from the cultivator and keep prices well above the $1,150 or so per lb it is now. Otherwise the dispensary would need to pay folks to do this or have it done by some company which will cost time and money, so a win for the dispensary too by having GLF do it. They are in a unique position to really let their LV regulation knowledge give them a head start over others.
I agree with Fast Eddy way more chance of a big run up coming. MJ sector as a whole has a big run coming.
Investors don’t make big money by waiting to get into a stock till everything is perfect and a company has no debt. You make big money by seeing ahead and predicting increased revenue from a company that previously had little to none. This could not be any more of a no brainer to load up in the .04’s. Believe a huge jump up in share price is coming. August is when I feel this explodes.
Market reaction?? There’s no market reaction because only a few investors even saw the video and it was not released as a news update so really only viewers searched it out on Facebook.
They need to step up their game on promoting themselves, that video should be released as news along with every other video they do. And Brett stop talking over Mark or you guys do videos separate, lol.
They are an MJ company now!! We all know the media side was a money drain that’s why you have not heard them announcing anything about it.
It’s all about the MJ now, between LV and CA they will harvest 900 lbs this month, yes 900 lbs!! That’s gonna happen every month moving forward too and most likely will see increases each month as LV gets into full swing. This is going to be a fun ride up when it starts. By fall this should be over .15 and never looking back.
Good information on Facebook video. This is what most investors have been waiting for “perpetual harvests” rolling in. Also Vegas grow could even start bringing in some big numbers soon seeing they are getting $2,268 a lb.
Grabbed some more too, may take a bit for a bump up but it’s coming.
Maybe not but it does have an impact on how MJ is perceived overall and may have a positive impact on the vote for legislation to protect states MJ rights once and for all. Which will allow banks to deal with MJ companies too, thus removing toxic loans for better conditioned loans. All in all it’s good news regardless on the impact directly.
The OTC exsists in the deep end, the safe shallows are your NYSE dividend stocks that chug forward at a snails pace.
So talking about an OTC ticker already puts you in the deep end, welcome to the deep end of stock trading!
So basically with the new CA regulations they are ahead of the game as they already follow the strict testing and packaging guidelines in Vegas which the processes should quickly be duplicated in CA. Good chance an MJ shortage gives a huge spike in price per pound. $1,250 a pound could become $2,500 a pound with first sign of a shortage so the predicted 1 million a month for PNTV could be 2 million a month and then the whole profit margin changes greatly and could be enough to supply the money for the acquisition payments each month on the farm.
News this week!!! Too funny well this is a public board so it’s been made public lol.
Let’s not get carried away, insider trading lol.
Huge news coming this week!!! Am I in trouble too now.
They should do more pumping because we have not heard from them for three weeks now.