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The reality is there's more money wanting to get in then there was %s to sell. green leaf holdings is a partially owned subsidiary of players network which owns 80%. Mark in the interview says if you want to be a part of green leaf you have to buy players network. I could see them creating a spin off. if I'm not mistaken I think that would force an accounting of all shares. 62 more days till we find out my guess is we getat least one of the licenses if not all 3. Happy days ahead!
NEWS!! CEO Cover Article of Opportunist Magazine
http://opportunistmagazine.com/mark-bradley/
BradleyCoverMark Bradley, founder and CEO of Players Network (OTCQB: PNTV), talks with Opportunist’s Managing Editor Leslie Stone about his company’s branded entertainment network, its on-demand digital channel destinations and its foray into the medical marijuana industry.
A visionary is defined as someone who not only has the instinct to see beyond the norm but also the courage to act on that instinct. When Mark Bradley showed up in Las Vegas for the opening of Hard Rock Café almost 24 years ago to the day, the then 27-year-old budding producer/director stumbled onto an idea that would change the course of his life. “I looked around and realized there was no media coverage around gaming,” he says. “Right then and there, I decided I wanted to launch the gaming cable channel—the ESPN of gaming—but I also knew nobody was going to give a kid $100 million to start his own channel.” [Laughs]
Not one to be deterred, Bradley, who had worked with United Artists and had been a studio manager and post production supervisor with United Cable Television, struck out on his own and started offering in-room gaming instructional videos to Las Vegas casino hotels. He already had years of experience to draw from in production, packaging and syndication of TV and film for such media venues as HBO, Nickelodeon and MTV, as well as in creating live pay-per-view events and negotiating distribution deals. And he had created the first 24-hour real estate broadcast network while barely out of his teens.
Bradley’s in-room channel concept was such a hit that, by 1993, he had officially formed the Players Network. “We were customizing content relative to each hotel’s entertainment, events and membership clubs,” he explains. “Literally thousands of people staying at Las Vegas hotels were watching our network every day. We replaced VHS tape decks with all-digital file servers that were essentially refrigerator-size contraptions with four 9-gig hard drives—today’s smartphones have more power—but they were ahead of their time in the ‘90s. We put them in hotels and created scheduled programming, not even realizing we had invented the first branded entertainment network. This was our entry into the TV market that brought the company to where it is today. This technology is the platform all the major cable companies eventually adopted for their server-based content. Nowadays, people have DVRs that let them skip past commercials, but our content was the commercial. By creating gaming content to a targeted community of people staying in a Vegas hotel, minus the technology, we were using the premise that eventually became a social community platform—sort of like a Facebook—because we were creating relevant content that people were sharing.”
PNLogoFor more than 15 years Players Network has provided consumers with quality gaming and Las Vegas lifestyle content, as well as strategic partnership services in Las Vegas, Atlantic City and the worldwide gaming industry. Bradley took the company public as PNTV in 1998 and continues to be the driving force behind its growth from a Las Vegas in-room channel to a national cable network available in nearly 30 million TV homes. The network’s leading channels include the Las Vegas and gaming lifestyle-focused Players Network, Vegas On Demand and Sexy Sin City TV, which are distributed over their own video on demand (VOD) channels on TV via Comcast and its own broadband network, Hulu, Blinkx, Google, YouTube and Yahoo Video, mobile platforms and worldwide TV syndication.
About nine years ago, at the height of televised poker matches, Comcast approached Players Network to help it launch a server-based content network for Comcast’s new VOD platform. “Based on a test run, Players Network successfully delivered substantial viewership numbers,” Bradley says. “We entered into an unprecedented 10-year distribution and partnership agreement with them, which led to the creation of Vegas On Demand—a 24/7 gaming and Vegas lifestyle channel on Comcast’s VOD platform. Within the first year of our launch it became one of Comcast’s highest viewed VOD channels ever—with over 60 million videos viewed to date. After that, we launched our Vegas On Demand TV channel on AT&T Uverse, Verizon FiOS, DirecTV and Dish Network. We were one of the first companies to have our own branded video channel on Google, and one of the few independent producers to get our own Hulu channel. This move increased our viewership by millions of homes, but revenue on these new platforms couldn’t keep up with distribution growth so we decided to enhance the channel experience by integrating social networks, user-generated video, discount clubs and mobile platforms to both create viral social media promotion and to monetize our viewership.”
Opportunist: Please tell us about your web-based NexGenTV enterprise.
Mark Bradley: NexGenTV took three years of intense development to become a reality. It’s a scalable platform that can be used to launch what we call ‘Digital Channel Destinations’ in hundreds of different lifestyle categories besides our Las Vegas venue. We monetize NexGenTV’s content that creates revenues far beyond traditional TV advertising and subscription models, but through community building, data mining, merchandising, marketing and aggregating consumers in lifestyle categories that sponsors and advertisers want to reach. Our philosophy is to combine social networks with broadband networks. Most people with Facebook and YouTube and other new media platforms that develop and post content about their business or service or brand aren’t media experts. Our approach is to create a professional service company that partners with businesses and individuals to help them create a digital platform and channel using our technology. We basically help them write, produce and direct videos and all other kinds of media—even photos, blogs and trending content—and link it into all the digital media through a series of APIs [application programming interfaces]. We put content up on our channel and link it to as many as 150 others platforms, which creates an entire distribution network for a brand. In a nutshell, we are developing brands with other people as partners that have existing audiences and customer bases, in addition to cherry picking some brands, content and channels for ourselves. With the booming legal medical marijuana industry, for example, we couldn’t turn down the opportunity to create our very own channel called WeedTV.
Opportunist: You have a TV channel especially devoted to marijuana?
Mark Bradley: It’s another one of our lifestyle channel destinations powered by our NexGenTV platform. It’s the go-to source for information, entertainment, products and services for people who relate to the marijuana lifestyle and social community. On the channel, we feature daily editorial content from our correspondents and contributors from around the world, video and entertainment, business and political news, financial analysis, growing and cooking tips, and even a ‘Weed101’ section and an online store.
Opportunist: Why did you decide to head in that direction?
DSC02039Mark Bradley: It will most likely be the fastest growing industry sector in the U.S. and the world for the next seven to 10 years. When we took camera crews to Denver for the 4/20 rally, we were expecting to see people in tie-dye shirts and rose-colored glasses walking around stoned. On one side of the event they were, but on the other side there were businessmen wearing suits and ties, medical professionals and scientists. It was interesting to see these distinct personality types converge together, but what I found exciting was all the entrepreneurs and startup businesses. We went into WeedTV thinking social media group and came out thinking Wow, the medical marijuana industry and the CBD [cannabidiol] industry is incredible to be involved with—a true multibillion professional growth industry. Based on this experience we realigned our thinking and took a completely different approach focusing more on information and education to help share with the world what we were learning. Upon returning to Vegas, we decided to apply for our own medical marijuana dispensary, cultivation and production licenses so we can have firsthand access to this industry and also create significant revenues.
We also plan to create a wellness, education, research and media center where the general public can learn about the industry and get access to resources. Yes, there is some lifestyle involved in it—the recreational side has certainly been around longer than the medicinal side—but it will be a destination to come in and meet medical professionals and naturalists and eat healthy foods and be on video and create programming and go to the store and purchase medical marijuana if customers have a card to do so. What’s exciting is that more states will have the marijuana issue on the ballot in November. Nevada is now accepting applications for dispensaries and cultivators and we have decided to capitalize on that by putting a WeedTV studio inside a dispensary.
Opportunist: Will it be similar to a theme park?
Mark Bradley: Not a theme park but the world’s leading medical and education destination where people can come and learn. The state will make decisions on who gets licensed, and if we get licensed we intend to create an18,000-square-foot medical and educational pavilion in central Las Vegas adjacent to our dispensary. We plan to have a vegan café called Munchies Healthy Gourmet, a media center and TV studio for education and entertainment content development that will be made available to accredited nonprofit organizations that want to create community outreach programs. We want to reset the bar and create a high quality experience, and we expect to create synergy for national and global events that are hosted in Las Vegas, such as industry expos, music festivals and educational seminars.
This is is why this company will run. Great interview with CEO Mark Bradley from the Opportunist Magazine.
http://opportunistmagazine.com/mark-bradley/
We get just one of those licenses we are off to the races. We get a dispensary in the city with cultivation and production licenses well...$$$$
If I was there I would but alas. Good to see them moving forward. 500k bid this morning looks pretty nice too. Someone placing a big bet, weather long term or short term flip, they are expecting a nice return.
MMJ industry is huge. Truly one of the few new growth industries to open up in quite some time. I'm feeling confident PNTV will get their licenses for dispensary, cultivation and production facilities. Anyone of those alone will bring in millions a year. Together its a monster.
The company paid off notes the last time in the amount of $765k and they plan on doing so again. Current notes don't come due till next year.
OBhands Friday, 06/20/14 09:37:34 AM
Re: None
Post # of 16380
Debt Reduction of $767,950 Players Network Announces
The Debt Reduction Includes Pay-Off of the Final Asher Enterprise Note Prior to Conversion; This Repayment Eliminates 100% of Asher Enterprise Related Obligations and Release All Associated Reserved Stock and Derivative Liabilities
Marketwired
Players Network May 5, 2014 9:40 AM
LAS VEGAS, NV--(Marketwired - May 5, 2014) - Players Network (OTCQB: PNTV), a Digital Television, Technology and New Media company that develops, owns, and operates Branded Lifestyle Channel Destinations, announces today that on Friday, May 2, 2014 that they repaid the final Asher Note, "Note 9," from October 28, 2013. This completes a total debt reduction for the Company of $767,950 during 2013 and the 1st Quarter of 2014, inclusive of $351,210 of outstanding payables that have been settled or repaid of several notes. In addition to Asher, the company had paid off or satisfied through conversion other notes held by Continental Equities and JMJ.
CEO Mark Bradley states: "We thank all the companies that provided us debt financing for their support of our business plans during a difficult transitional period. We are also pleased to announce that with our recent successes we have been able to secure both direct equity investment into the Company and more attractive financing terms, and that repaying these notes prior to conversion was thought to be in the best long term interest of the Company and it Shareholders." Bradley adds, "This improvement in our balance sheet as well as the continued steady progress in the fundamentals of our business and growth in revenues open alternative sources of capital and more traditional sources of financing to the Company."
The focus of this company is on the business at hand:
RealVegasTv.com
WeedTv.com
PlayersNetwork.com
Medical Dispensary in Las Vegas:
Green Leaf Medical LLC, 3190 W Sahara Ave. CEO Mark Bradley, vice president Michael Berk, CMO Dr. Andrew Jones, chief security officer Steven Rybar, chief compliance officer Mark Terbeek, director Kathryn Peterson and vice chief security officer Joel Logan.
SNL funny but as anyone can see PNTV is very real.
Reminds me of the old Saturday Night Live skit with Jane Curtain, Dan Akroyd and Chevy Chase. "It's a floor wax, NO it's a desert topping" and Chevy as the announcer chimes in and says "OH you two It's Both!"
PNTV is a media company.
Realvegastv.com
WeedTv.com
Playersnetwork.com Corporate web site.
There are your first two channel destinations (which are running on The Platform). WeedTv launched on April 20th. It generated $5k in it's first quarter of operation. I could see this grow 20x over the first year alone. Way more coming.
The pot business. Seems like a natural extension of WeedTv. The opportunity just happened. They pulled off a massive operation to get the licensing application in place. They are partnered in a couple others, have applications in for cultivation, production and cafe. They put together a team of seasoned industry professionals who have the expertise and knowledge to make it happen.
No guarantees they get the licenses but odds are they get a couple. It's estimated that potential revenue of a dispensary and cultivation business in the low range of $3-7 million a year with upward estimates of $20mm yearly. Imagine all that revenue going through a public company. The Las Vegas Review Journal printed a list of known applicants. Here it is.
http://www.reviewjournal.com/news/pot-news/las-vegas-lists-all-medical-marijuana-applicants
Green Leaf Medical LLC, 3190 W Sahara Ave. CEO Mark Bradley, vice president Michael Berk, CMO Dr. Andrew Jones, chief security officer Steven Rybar, chief compliance officer Mark Terbeek, director Kathryn Peterson and vice chief security officer Joel Logan.
They get the license coupled with Comcast settling, if there really is a short position, run for the hills boys!
That's going to take 60-90 days till we hear back. PNTV, dba Green Leaf Medical LLC, have several applications in as well as applications for cultivation and an edibles facility. We will get a couple of these licenses. When this happens if there really is a short position in the stock they will be very sorry.
I think tomorrow we show increased revenue.
You are absolutely correct my friend!!
Let us get that license first, then things will get interesting.
One could argue that there are only two employees and lack of revenue because of Comcast not following through with their obligations. But that won't even matter because comcast will settle, the case against them is extremely strong and they won't want to go to court. As for revenue I'm not expecting anything significant for this quarter.
** Comcast is known to be a scumbag of a corp and has been sued by most they do business with because of their practices. They screwed PNTV, dynamic ad insertion is not a biz model it is what was promised and how rev is generated, and Comcast reneged. The suit is VERY strong and Comcast will settle.
**They never changed their business model, they are a media company. RealVegasTV.com and WeedTv.com are running of THE PLATFORM, out there for all to see and use. We are signing sponsors http://finance.yahoo.com/news/players-network-signs-sponsors-weedtv-134500011.html. I think it is brilliant to enter the fastest growing (pun intended) business in the nation with an unlimited upside. The media side was a no brainer and they have done an amazing job with the channel and here it is for all to see WeedTv.com, again. As for the dispensary it happened quickly and there is really is quite a story behind it. If we get the license then the story will be told. No guarantees but it is real and the vision for it goes way beyond a store front in a strip mall.
500k shares on the bid @ .02
I don't think anyone at Players had anything to do with "Lock Da Float". They were putting together training seminar videos and starting a channel for stocks. Show me where PNTV dumped hundreds of millions of shares. Oh wait the OS is only 163 million. Back then over 5 years ago the OS was around 100m. There was never any dumping by the company. Monk has been prosecuted by the SEC, has been fined, all the players involved punished and the companies he was with no longer trade. I read the court cases and never a mention of PNTV. Again over 5 years ago and like everyone else PNTV was a victim.
As for Comcast they look at the merrits to see if it worth going forward. It was, It is and very soon (in legal soon) PNTV will have won this case and will have a cofferr full of money.
Let the dispensary license be awarded and watch the fireworks.
Actually you are wrong on both cases here.
Monk duped PNTV as well as many other investors. Monk is on a smaller scale but I bet you can find many a picture of Bernie Madoff with his extremely wealthy savvy investors that he mislead and stole billions from.
As for Comcast your reasoning is way off. For one if it was correct the judge would have dismissed the case and not gone ahead with discovery. PNTV is going to win this case. Had Comcast ever lived up to their agreement we would not have to be having conversations abut financing we would have it already.
The "Death Spirals" can't convert those shares till the earliest April 11 2015 so they are not dumping anything as of yet nor buying back cheaper at this very moment. PNTV can also pay off those notes before they mature, which is what they did when paying off $800k this past year. Too funny.
Here's a PR about the suit. Spoke to the CEO the other day. They have a great case and I would expect Comcast to settle.
Players Network Announces US District Court Ruling in Favor of Players Network
Comcasts Motion to Stay Discovery was denied by the Honorable Magistrate Judge Foley in Players Networks $150 Million Complaint Against Comcast et al.
Jul 23, 2014 (eTeligis.com via COMTEX) -- LAS VEGAS, NV, United States, via eTeligis Inc., 07/23/2014 - - Players Network (OTCQB: PNTV), a digital television, technology and new media company that develops, owns, and operates Branded Lifestyle Channel Destinations today announced that on Monday July 21, 2014 United States District Court Magistrate Judge George Foley, Jr. denied Comcast's Motion to Stay Discovery in the Case of Players Network vs. Comcast Corporation et al.
Magistrate Judge Foley ruled that Comcast's motion was not well founded and the court denied said motion. Based upon the court's ruling discovery in the form of interrogatories, requests for admissions and depositions of key witness should immediately commence in preparation for trial in the case in Las Vegas, Nevada.
Mark Bradley CEO of Players stated, "This ruling is further indication of the validly of our complaint against Comcast. It is also an extremely important milestone in advancing the process to immediately proceed into the discover stage. With discovery now beginning we should see greater awareness of the case within Comcast's top management and perhaps they will have the opportunity to better understand its merits. Players Network invested millions in reliance of our agreement with Comcast and we feel with Comcast's growth and new personnel they basically forgot about Players Network and their contractual obligations to us and our shareholders. The judicial discovery process will bring the facts of the case to light quickly and hopefully lead to an amicable resolution."
For Media inquiries contact Lisa Mayo-DeRiso at: 702.576.2659
For Investor inquiries contact Parker Mitchell at: 702-575-9157
About Players Network:
Players Network is a Television and Digital New Media Company that uses its proprietary Enterprise Web Platform to develop numerous Branded Digital Lifestyle 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 and the newest Channel is "WeedTV". They 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.
CONTACT:
Media Inquiries Contact
Lisa Mayo-DeRiso
702.576.2659
Investor Inquiries Contact
Parker Mitchell
702-575-9157
SOURCE: Players Network
Associated Documentation:www.eteligis.com/ViewSubmission.aspx?submissionRequest=27097 - Link to submission on http://www.eteligis.com
somebody wanted a few shares today
Here's the kind of content they are generating. You need to become a member to view it I think. Pretty cool stuff.
WeedTV Exclusive Interview with Cheech and Chong at The Joint
http://weedtv.com/weedtv-exclusive-interview-with-cheech-and-chong-at-the-joint-weedtv-exclusive-interview-with-cheech-and-chong-at-the-joint/lifestyle/
A regular Mother Theresa!
Sure it's legitimate. Read the application process. You have to have the facility, the security, the financing all in place before you can even apply. There are 12 licenses being given out and over 100 applicants. Now go and see that their application is on file. Go to WeedTv.com and see all the content advertisers and quality of production. No guarantees we get the license but this is real and if they win a license game over and let the party start.
QB company here. 16 years fully reporting and never a problem. This is completely legal and verifiable if you care to take the time to check with the City of Las Vegas. The team Mark has put together are the leading players in the legalization of MMJ in Nevada. It did happen fast and no one saw it coming but when opportunity knocks you take it.
You are welcome! It's nice to be investing in a penny stock that doesn't gag it's transfer agent. 16 year old fully reporting OTCBB company with an O/S of only 163 million shares.. I'd call that pretty judicious use of the company's assets.
Fingers Crossed Pink!!
Here you go Hawk. This is a game changer. They will bring in the kind of revenue that they are producing in CO. Imagine in the first year of operation they will do between $10-$20 million with 80% of that going through a publicly traded company. Keep your fingers crossed.
This was posted 2 days ago. Pretty sure it is close to the same.
ImRyano Member Level Wednesday, 07/23/14 06:53:39
Re: Hawkeiz post# 16134
Post # of 16175
If anyone wants an updated share count.. here ya go. From yesterday,
Below please find a response from the issuer:
The OS is about 163,000,000 and the float is about 91,000,000
Sincerely,
KaraKennedy
ClearTrustLLC
Thank you. Very helpful.
Question for those who know. Would a settlement or win be counted as revenue? At 10% which is $15mm (not $10mm like I erroneously wrote yesterday) where would that put our pps? Thanks.
Players was one of the first if not the first independent content provider for Comcasts' On Demand station. P;layers wrote up an iron clad agreement where Comcast promised to provide revenue generating technology, such as dynamic ad insertion, and other revenue driving aspects of On Demand as it became available. When Players first launched and for many years after they were the number 1 viewed non major network programming station. As time went by Comcast made Players programing hard to find. They are on there still as The Vegas Station.
In short Comcast has reneged on all its promises. Because the agreement was so well written Mark has Comcast by the proverbial short hairs. I think Hawk is correct, they are going to settle.
We do! And if we accomplish what we are trying to do Comcast law suit will look like small potatoes.
This is HUGE!!!!
Because of the legal fees to Comcast alone I could easily see a minimum $10 million go away offer. That's just 10%.
Actually after that 100k buy we've spent $4500 give or take.
You are talking about something that happened 5 years ago with a company that has been publicly traded as an OTC for 17 years. The stock recently was up at .08. What makes you think people who held over from then didn't sell at point. Makes no sense. Do your DD.
Looks like someone wants shares today. Wonder what they know?
Debt Reduction of $767,950 Players Network Announces
The Debt Reduction Includes Pay-Off of the Final Asher Enterprise Note Prior to Conversion; This Repayment Eliminates 100% of Asher Enterprise Related Obligations and Release All Associated Reserved Stock and Derivative Liabilities
Marketwired
Players Network May 5, 2014 9:40 AM
LAS VEGAS, NV--(Marketwired - May 5, 2014) - Players Network (OTCQB: PNTV), a Digital Television, Technology and New Media company that develops, owns, and operates Branded Lifestyle Channel Destinations, announces today that on Friday, May 2, 2014 that they repaid the final Asher Note, "Note 9," from October 28, 2013. This completes a total debt reduction for the Company of $767,950 during 2013 and the 1st Quarter of 2014, inclusive of $351,210 of outstanding payables that have been settled or repaid of several notes. In addition to Asher, the company had paid off or satisfied through conversion other notes held by Continental Equities and JMJ.
CEO Mark Bradley states: "We thank all the companies that provided us debt financing for their support of our business plans during a difficult transitional period. We are also pleased to announce that with our recent successes we have been able to secure both direct equity investment into the Company and more attractive financing terms, and that repaying these notes prior to conversion was thought to be in the best long term interest of the Company and it Shareholders." Bradley adds, "This improvement in our balance sheet as well as the continued steady progress in the fundamentals of our business and growth in revenues open alternative sources of capital and more traditional sources of financing to the Company."
Maybe, I think someone is scalping shares. Easy to do right now.
Be patient and they will let you back. PNTV is going to rock. WeedTv is the spring board. And you are correct, many many destination channels to be developed. Many exciting ventures to come from this. Could even see it being its own entity someday.
Sorry to hear. I believe we will be successful here. PNTV was around trading for 12-13 years a as a fully reporting OTCBB stock before Monk came around and we are still standing now. Never went to pinks. One look at the share structure over the years and you can see they are not a dilution machine. Not pumping the company just saying they are real, have a valid business that took about 16 years too long to get up to par but we are there and everyone will have a chance to make money.
Kez are you a Talking Heads Fan? Same as it ever was. Great song but not the case here. You are a very smart man so one look at the OTC sales report below even as newbie can see it was buying all day. Thanks for the song though. Great song.
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