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Yeah Mark flat out lied about Comcast, extremely pleased he said yet got nothing.
He is a hype king, everything they do is cutting edge, first to market or coming in two weeks yet none of it is usually true. WeedTV’s launch or relaunch or relaunch of the relaunch has still yet to be Launched! Nobody watches their videos anyways. I’m not sure who is going to pay money for the content. Since I have shares watched some of the self proclaimed “Great Content” from Weed house and it was definitely low quality, just not watchable in my eyes good luck trying to sell it. There are so few views on each video I don’t even think the people in the videos watched it or told anyone to go there. I bet the views on WeedTV are 100% shareholders and folks close to or working for PNTV.
And see how fast Night Foods left MJ ACC, they figured out Brett was all BS and can’t come close to fulfilling their current needs. Maybe they do something with them in 2019 or 2020 but there is no chance at all the GLF kitchen will be ready in 2018. Who is paying the bills for these guys right now, shareholders are so you would think they would listen and drop everything but GLF. Well that is why I continue to flip this and as a flip has been extremely beneficial. Sitting on a large amount of free shares with original investment already taken out.
No pics because just not a lot to show right now, if all they are using is those six tents for growth stage they will never fill the budding area. The budding area was 10 to 12 tents in size at least. If you remember in the video Mark just did the two small tables or stands in the middle of the Budding area, that was probably the size of their first crop one tents worth. Also I hope they can bring the lights down or plants up because they are too far apart right now. This will be a long process and probably some more bumps coming.
Just as bad 10k’s kill the share price!
Low .05’s coming today. Be patient before buying back in and selling right now is not bad because you can get it back cheaper in two weeks.
Really the only hope is that Trump actually puts something in writing and launches the MJ market back up.
Otherwise just look at the convertible loans listed in the 10K those did not stop in January and have not stopped so the dilution will continue if not get worse. The only time those loans stop is when big harvests start coming which may not be till years end and that’s if things go perfect. They definitely have not gone perfect so far.
Seeing .03’s before a chance of seeing .10 again.
Yikes they may be the craziest thing I have heard, it’s farther stretched than Mark or even Brett would go and they are huge fluffers!
Let’s not forget how PLEASED they were with the Comcast settlement when they announced it.
And yet they received No Cash from what is shown in the 10K.
Mark and Brett are hype kings and liars!
Diluting SOB’s
From 10K, they said Launch of WeedTv??? Shareholders are in trouble if WeedTV is launched cause no one watches videos there.
“Direct Operating Costs:
Direct operating costs were $499,799 for the year ended December 31, 2017, compared to $145,324 for the year ended December 31, 2016, an increase of $354,475, or 244%. Our direct operating costs increased primarily due to the launch of WeedTV.
General and Administrative:
General and administrative expenses were $3,941,394 for the year ended December 31, 2017, compared to $1,078,409 for the year ended December 31, 2016, an increase of $2,862,985, or 265%. General and administrative expense increased primarily due to the issuance of stock and options resulting in $2,319,498 of stock-based compensation as we significantly ramped up efforts to get our cannabis facility operational and launch WeedTV during the year ended December 31, 2017.”
I bought some of those in the .049’s, will sell them tomorrow for any profit if I see us dropping again. Even with how terribly bad that 10K was I could see the MJ rush pushing this higher for a bit and if Trump actually releases some kind of banking clearance watch out because all MJ will rocket up.
Probably selling all shares at the next peak. Just might be some better plays out there now that we are seeing how f’d the numbers are here. They completely lie and do not care about the stock price and what happened to them having so many investors interested that they were turning down money, another lie. They are issuing shares all the time for loans.
Last issue, if they would of just went lean and mean on GLF they could be in a profitable position now or real soon. Instead they blow all this money on egotistical bullshit that failed before and will fail again. Too bad but this is not the only stock to invest in.
Massive dillution at or over a million a week lately not good for share holders. Know we know the real reason for the recent stock drop. These guys are huge hype kings no Comcast cash, that’s classic.
Comcast lawyers took it to them, so if they made a programming deal what’s to stop Comcast from bailing on them again. What’s PNTV going to do sue them, lol.
Link to MOTA conference call. https://motacoin.io
Scroll down it’s towards bottom. Hour long, Dusty seems like a knowledgeable person.
Agree this is when you roll out big news and the 25% gains could rocket up to 100% gains!
We all may have just lucked out big time as if the Trump news plays out like it sounds it will this could help all MJ stocks regardless of their status.
Possibly back up to January levels or even last July on the very high end.
PNTV = Titanic
Terrible news in my eyes on both fronts, new shell company and crypto currency.
Crypto Currency deal is not good news, but par for the course with Brett. Prob getting totally out on next run up just way too much going on to do anything well.
I agree Toxic the crypto currency is bad news.
Comcast settlement will be very little cash, you knew that right when they had to restructure the Kodiak deal.
We will find out next week!
They do have some convertible debt. Even Mark stated in a video they had a bit left. Not seeing it as an issue if they start bringing in large revenues from GLF.
My issue is many MJ companies take a year or two before actual profit is seen but PNTV is also spending quite a bit of money with WeedTV and sounds like some money going out from MJ Accelerator so how long will it be before PNTV will see a positive cash flow? I truly believe with the cost strain WeedTV puts on the whole business model that it becomes a make or break component. If they have issues getting GLF growing at max potential sooner than later it could get really bad financially and many new loans will be needed. I expect under a million from Comcast settlement.
Would be a better investment if all focus was on GLF, more licenses and a dispensary. Who knows it could work out with WeedTV but they have been promising a launch for 6 months now. Right now all we see is videos with less than 100 views and many less than 20 views. And the Pots n Pans content they made at Weedhouse is up on WeedTV with a pitiful amount of views. So will they have better content coming or just more videos no one is watching.
I have a lot of shares now with this recent dip and low rsi. Will buy more if dips back below .051 which should happen after 10K comes out. It’s definitely not going up when 10K is released.
Yes there have been some big drops and may dip further however feel this is just the lull before a massive breakout due to the June 7th vote passing and Canada right back on track for fall sales. That vote passes which seems most likely to happen and the stocks will see massive gains making the January surge look like a blip. Great time to get in if your thinking long term hold.
I agree with you, wonder when we will see content air?
Prob less than a million in actual cash if that, for it to be good I would say 5mil plus.
.05’s are good but .04’s coming with 10K release. Thinking mid .04’s may be best price.
If it is $900,000 that would be impressive!
Saw that 30,000% and was thinking the numbers were wrong since it was so high.
PNTV 10K will be terrible big expenses with minimal revenue.
Don’t worry because price can’t get much lower good time to be accumulating shares right now! And hopefully it’s from cash you have from selling when this was above .07, .08, .09
It was a sarcastic dig not from facts. I was just saying expenses will be way up with everything going on so don’t expect a good 10K.
Looks like the loss is extending as deep as many predicted however when 10K comes out which will not be good news I doubt we see a huge dip with the massive losses already.
I believe the 10K will show maybe $100,000 revenue and with the Kodiak deal being redone recently don’t expect Comcast money. Also could be the highest quarter ever for expenses, a private jet to Acapulco is not free!
Mark and Brett are going to be known for running the first major MJ company going out of business in LV if they don’t start concentrating on GLF. These guys are living it up while shareholders are losing their butts. Don’t believe them when they say they work so hard, maybe they don’t work smart so need to work longer but it’s not harder. They have terrible focus, are all over the place, spread way to thin and doing nothing well!
F’ WeedTV, F’ MJ Accelerator. Use all cash to build or buy a dispensary don’t wait for the state. I looked online there is a LV Dispensary License for sale for 10million. Heck they have probably blown a good portion of that on the ridiculous WeedTV and MJ Acc already. What in the heck is going on how does a company with no cash want to get into investing into other public companies with no cash?
I don’t know if it’s that bad yet but definitely some major growing pains happening.
Agree DJ WeedTV is a bust so far. Viewers are prob mostly shareholders too which are not true viewers that heard about or found WeedTV on their own. With that I have found some pretty entertaining stuff on there. Starting buying at .055 but feeling .04’s are on the way and may hold off buying anymore till it gets down in .04’s. You get back in at all yet?
.04’s coming, not sure what will prevent it??
Mark way overstated the tent plant count, just look at how many pots there are, not even close to what he said.
No big deal but will be at least a few harvests before that flowering area is full of plants. I would say by 2019 they should be producing at phase II capacity.
This will hit .20 again not sure when maybe within a year. On the next MJ run they are gonna be one of the huge gainers. The last runs they just were not quite far along enough for masses to notice them.
Have also started to buy here and you know it may hit .04’s but I will be buying there too for the next run up. It will go up huge eventually just much longer term than most of us thought.
I’m with you DJ, I like .055 and down. Def will make buys then.
GLF Instagram pics just stopped??
Why no recent pics
Kodiak deal is millions of shares and the 300,000 though meaningless was just tossed in.
But why read details or listen to facts.
Proof is in every 10Q/10K it clearly states what shares where issued and to what lender and yes they have had and still have loans out that can convert to shares. The latest is the Kodiak loan, shares are being issued for that deal and I believe it was 300,000 shares given to them outright just to do the deal.
So yes there is dilution.