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PNTV in panic mode out of cash, share price tanking.
I believe their recent LOI for the California project is a pump/hyped event that they know will never happen but were hoping to get a pps jump from it to activate the Kodiak loan. Guess no pps jump here and it’s because the past track record they have, all Hype very little actual results or so late people stopped caring or paying attention.
Guess what happens now more loans more dilution.
Brett and Mark have destroyed investor confidence
Absolutely correct, the way to fix this is they stop BS’ing everyone.
If the Cali deal goes through this all changes. How about waiting to announce something till it’s official since Brett and Mark have eroded away all investor confidence these LOI’s and other forward looking statements are meaningless right now.
We need real action, talk is cheap like the pps.
Company needs to complete this acquisition and they will see huge shareholder number increases and massive pps gains.
Brett live yesterday talking about California, second post down.
https://m.facebook.com/pg/PlayersNetwork/posts/?ref=page_internal&mt_nav=1
Prove It!!! Once they show large revenue or that they purchased the California green house is when big money moves in here.
Cali not done deal a lot can happen especially in MJ Business hope it goes through but being realistic it’s just a LOI, binding or not. I would say 5% chance deal is done in May and a 51% chance deal gets completed there after.
Anyone know what the filing today is?
https://www.otcmarkets.com/stock/PNTV/disclosure
This is what shareholders are looking for, now get the deal finalized and the price should really start to move up.
If this were to go through it instantly moves them into about a 12mil a year company (800,000 a month from Cali op, say 200,000 from GLF) for revenue which could sustain a market of 100mil. Heck some MJ companies trade 50 times or higher, that would be a market cap of 600mil for PNTV
Guess the shareholders have spoken on Annual Report.
When will these guys realize what they are doing is wrong. Grow MJ and shut everything else down to put more money into MJ. Would plants be sitting on the ground if they used all the WeedTV money on GLF. Instead Mark tries to be successfull at something he has always failed at. That’s an ego that will destroy this company. They said it in the report WeedTV has been very expensive and what do they have with it, really nothing views are extremely low. Then they are going to build a platform for B2B and B2C where businesses or people pay them to have a website on their junk servers. Wouldn’t you just go to a website building company like GoDaddy to create a better website for less and lower monthly fees. Just because PNTV pays a bunch of money to build it doesn’t mean they will come, customers that is. What a joke not only did Mark kill PNTV with this platform once but he’s so hard headed he’s letting it take his company down again.
Let’s not even get started with Brett’s long term investments blowing money PNTV does not have and needs now to ramp up GLF quicker.
Long term shareholders should think twice about keeping money in this poorly ran company.
Biggest 2017 lie told by Mark and Brett, they said on numerous occasions that they were turning down funding because so many people wanted to invest in them.
Now we find out all year they struggled for funding. That is a direct reversal of what they previously stated.
Report tells nothing we did not already know except they created the holding company for WeedTV and that California is on hold. Yet they pumped this report up that it would answer all questions and we would really be impressed.
Can we start complaing now??
The board members Mark(Moe), Brett(of course Larry) and Geoff(Curly) just keep shooting themselves in the foot and making preventable errors so bad they are comical!
Not even a Facebook post shareholders scammed again!
These guys are too much, well days not over lol.
To add to that it seems the money is definitely not going into GLF because in their video the flowering area had plants on the side and if you looked close in the very back just sitting on the floor. Guess what bulids under those pots if they are not on racks that have drains. MOLD, which is a huge red flag in MJ growth. Actually high mold counts in the product prevents it from being able to be sold.
Very unorganized, doing everything on the cheap it looks like. The grow is unimpressive however the new batch of plants looked better.
May not dip below .04 again, there will be a few big pushes coming up soon that hopefully could bring this to .07 or so. By then they should be bringing in some decent revenues too.
Who thinks they make this due date?? They are 3 past original due date now for Annual report, will it be worth the wait?
I believe it’s turning to the upside, this has been beat down to a pulp and ready to make a run now.
As long as no big dillution comes into play the next month or two should be green.
We could have a turning point started here with a sustained run into June when Canada finalizes their MJ legalization. If that’s the case could see .07 or .08 back.
Or dilution continues and this drops right back under .04.
Kinda of thinking it may be the a start of a run though!
The new plants in the tents looked much better.
Big volume big losses, it’s a bloodbath!
Dude Corey quit back in December, he went to work for MCIG
Not trying to dis Jason or his credentials, just know that no matter how much education and skill you have there is a learning curve if you have never grown MJ before. I do believe he will eventually get it but currently things don’t look good. You don’t learn that stuff in school just like Zen says he has education in plants but that does not make him an expert MJ grower.
I wish it was better here but these guys keep sticking it to us with no communication, heck they have yet to say why they changed Master growers you know a Master Grower is comparable to a Chef and if you had stock in a restaurant you would be pissed if they changed chefs and didn’t tell you!
Massive price drop is solely Mark/Brett’s fault.
These guys lie and steal your money and then try to blame the pps drop on others. That is a personality flaw that goes right along with PNTV failing for 20 years now. They actually think they are doing a good job.
Brett and Geoff failed at politics and Mark has failed at media for many many years, so running the company are Three Big Failures!!!
They have to have the worst grow set up I have ever seen. Anyone who says Jason knows what he is doing is flat out wrong. The plants look bad and even people that don’t how to grow MJ are seeing huge issues with their set up which there is. This is a penny stock play and nothing else to be long is to be wrong I’m starting to believe.
Let down again, 5-8-18 Annual Report Release
Just posted on Facebook, man well I guess low .03’s are coming.
Yes growth stage is around 18hrs of light a day and flower stage is around 12hrs a day.
You can make a plant that is 8 inches tall flower by changing light cycle to 12hrs a day, you would only get a weak little bud and prob with low levels but it would flower.
So they must be separated
This Thursday or next Thursday because they actually told us it would be released last week so at this point who the heck knows. Wonder if they could ever get investors back on their side?
One way would be to stop lying to everyone! If you say your going to do something then do it when it’s due, if it’s not done when due then send out a quick note of new due date keep doing that till the project is complete. Seems simple right. They can’t do that or even come close to it, has anyone heard 1 follow up from PNTV on any of MJ Acc projects or Cali project since they announced? Pitiful and this coming from a media company that boasts they are transparent and open communicators.
When the walls come tumbling down, oh when the walls come tumblin’, tumblin’, dowwwwwwn!
Why does that song come into my head every time I pull up the stock?
They could merge with MJVP, Brett’s shell company. What a bunch of scammers these guys are!
Where is the so called impressive Annual Report, of course late again. Just like these guys are on everything and Geoff Lawrence has done nothing to help PNTV when it comes to regulation hurdles or helping to get a dispensary license. He was crushed in his attempt to change rules for dispensary applicants. Didn’t help they were late again on that and had to have concerns or issues submitted months before. Oh well guess everyone was too busy filming junk content no one watches.
100% correct Boom, Dead...
The March down to .03 has been ugly!!
Amazing some people are so misinformed, some still think they won money in the Comcast lawsuit even though people have proved to them that it would be listed in the 10K as income and there is nothing. They also think the plants look good and we have a Master grower. PNTV has no master grower, you become that by proven harvest after harvest. Jason has never grown MJ before and the plants look like it.
Why are the flower room lights so high and where is the wire grid system to hold up the flower heads. I have seen private home setups that are way better. Just watch a video of another grower, everything is organized with multiple grow rooms and no POS tents.
The CEO is an arrogant hard headed proven failure. Keeps trying the same thing with shareholders money but never succeeding. Concentrate on MJ growing fool!!
That was my point, they set prices too high both times so never got to draw on it and instead had to take other convertible loans to pay bills.
If they weren’t doing such a bad job shareholders would not be selling at .05. The share price is a strong sign of public opinion which is not trusting the company right now.
Mark also thought investors were dumb and would not see through his hyped up junk, so he made a deal with Kodiak “when” they hit .17 the borrowing would start. That was first sign of trouble. Then Kodiak deal had to be rewritten for a much lower activation price but Mark being so arrogant chose another price too high. Now they are stuck with multiple convertible loans that Mark calls friendly. BS they won’t be so friendly when money is due they will just sell shares and drop the stock price.
Mark’s ignorance thinking people would keep buying stock with a failing WeedTV product and hear say deals by himself and MJ Accelerator was totally wrong. But in the last 15 or more years I have not seen proof of any success by PNTV even with the MJ License he has figured out a way to still not be successful. The only thing he is good at is collecting shares and a salary for failing year after year, the hype king!!
PNTV is broke taking convertible loans to pay salaries and for GLF buildout. Shareholders are paying extra on everything because the lack of knowledge on the MJ side causing redo’s and massive delays. That’s so far, how about the sparse poorly grown MJ we have seen pics of. I don’t think I have seen MJ grown indoors where they did not clip the tops to produce a bush rather than a tree with a few primary flowers vs. a bush with multiple big flower heads. They need to get a real MJ grower in there.
Jason is a smart guy but doesn’t look like he knows much on MJ growth or Corey was a bad teacher. Either way plants do not look good.
MJ-ACC and WeedTV or Dispensary??
All money and effort spent should of went towards build out and obtaining a dispensary, if they had spare time they should be or have been learning every law and requirement for their MJ business. So laughable when Mark and others have said the city inspectors were confused on new requirements which caused massive delays. Total BS it was Mark and Co. who were confused.
Lucky if first harvest is 40lbs even. Did you see the plants in the tents maybe 40 in the tent he said was ready to flower. The first two harvest are going to be very small then maybe by year end they could hit the weight your talking about but if Mark said that weight cut that amount in half and you have the truth.
Mark = Hype King
Brett = Scammer, him and his new shell company.
M. Berk = May not even know he works there, lol.
Yes, but Kitchen won’t be done in 2018 was my point.
If you read the NightFoods announcement today they are starting the MJ Munchies in California and definitely not getting the THC for the edibles from GLF because it can’t cross state lines.
Why have we not seen an 8K on the agreement between PNTV and NightFoods was it only an LOI? Wait it wasn’t even that, they actually filed nothing on it. And on that topic nothing has been filed for an agreement with Advantis. So does one exist and if no one has the details. Poor communication is preventing investor confidence, the stock price speaks volumes on that.
.04’s prob coming next week and also feel the annual report will be filled with fluff most likely having no positive impact on share price. Next run will be a trump announcement or when Canada passes the final vote in mid June. Could even see it dip into the .03’s before that.
Could actually still sell now at mid or low .05 for a quick flip buying back in the .04’s.