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The dump is on, had to happen some time.
Did you really think they were paying for their business trip to Acapulco.
I believe polite dilution is happening. Look at the buys earlier today @.0682, 10,000 sat on the bid and was not touched till someone else would come in with another bid on top and then that gets filled right away. This happened for almost 250,000 at 50,000 shares a pop. So they are getting their money and keeping bid/ask untouched. The lender may have a predetermined low point they can sell and a specific amount each day.
Just a theory but bet it has some truth to it.
Was thinking same maybe hold onto some news for next MJ sector run.
Seems a lot of investors have pulled out of MJ so the sector is having a downturn and no news will matter if no one is reading it. If they announced this in January I’m sure there would of been a big jump.
Will buy more at low .06 or high .05 if or when it gets there.
Why pay .07 when 06’s filled on the bid yesterday all day!
Heading to possibly.05 and will prob only go up with another MJ sector rise. Money is dead here right now, many other better options out there.
3rd Q was $30,000 revenue and April financials will show up to 4th Q. Thinking they just announced that the current 1st Q is about $150,000 revenue as of a week ago a safe estimate for 4th Q would be to cut that 1Q amount in half and that’s about $75,000.
They are spending a lot of money and will be showing substantial losses for the rest of this year. There is no chance the 2018 harvests will pay for the buildout bills and business meetings going on this year. So not expecting a big jump from any financials. Actually could see a drop if Comcast cash is low and we know revs will be low.
If MJ stocks were soaring right now I could see .07 being a good buy. However MJ stocks have been sluggish lately and any good news from this company recently released has created little to no market action. Put that all together and seems we may be able to purchase in the .05’s or low .06’s soon. Really feel 2019 is the year that’s when they may see some better revenues and have some consistent harvests heck maybe a dispensary!
Yes, around 7/1/2020 when phase 3 is complete!!
Lol but probably not far off on that estimate though!
.06 is here, today’s volume mostly at .069.
You can pay .07 but prob can buy at mid to low .06 by the end of the week or who knows even lower.
Many MJ stocks are heading down, this will be no different.
This is holding well, many MJ stocks down recently.
I didn’t write it, sharing what’s out there. I don’t know Mark but I do know he has been getting paid for a long time from PNTV by taking loans out against shares that get sold causing the pps to drop. This is the norm for a company who has no revenue and shareholders will continue to pay for Mark and Brett to go to Acapulco to party, because let’s face it they were not there to do business but the business paid for it.
They will start to bring some revenue in from GLF eventually however with the current share structure and the way they spend money probably will never see a profit. Especially with the California adventure where Mark stated not 6 months prior that California isn’t a good market. Though it is when you want to string your shareholders along for another 3 years. Man they irk me with their poor business decisions they are all over the place and doing well at nothing.
Hey Brett great announcements on Marijuana Accelerator too bad they are all just B.S. till we see a 8K with details of the deal!
https://www.ripoffreport.com/reports/players-network-inc/las-vegas-nevada-89119/players-network-inc-artifice-and-scheme-las-vegas-nevada-1359064
Less than a year old and says Mark has ties to organized crime. Interesting...
Quality issues at GLF, they have not produced one quality MJ plant yet. The real photos they have released are actually the worst MJ plants I have seen in a professional set up, well if you want to call it professional.
Glad Corey is here to set the record straight, it obviously was a bad situation over at GLF.
2019 may be their year because 2018 did not start off well at all and doesn’t seem to be getting better.
Nobody is watching WeedTV, view totals are pitiful. I thought the celebs were supposed to bring viewers.
Well maybe if they actually got a real celebrity they would get views. There is tons of competition in everything they do and they no longer hold a golden ticket.
Price of .07 is way overpriced for this very thinly spread company. At the rate they are going may never get out of debt and the California project is going to burn them because they will be late to the party in an overly saturated market.
Advantis screwing PNTV is how I see it. Holy cow nothing like having ideas copied from your so called partner.
Actually their idea is better because it doesn’t include bars, hotels and other unneeded occupants like PNTV’s MJ City will have.
Here’s link: https://finance.yahoo.com/news/advantis-corp-signs-lease-triples-131500016.html;_ylc=X1MDMTE5Nzc4NDE4NQRfZXgDMQRfeXJpZANhZTdjcjg1ZGFkMW05BGcDZFhWcFpEeHVjejQwWkRkbFpUUmlOQzAwTjJNMUxUTmtOMkl0WVRSbU9DMWhZVE13TkRRME9EUTRNMk4xZFdsa1BHNXpQa0ZFVmxRPQ0KBGxhbmcDZW4tVVMEb3JpZ19sYW5nA2VuBG9yaWdfcmVnaW9uA1VTBHBvcwMwBHJlZ2lvbgNVUwRzeW1ib2wDQURWVA--?.tsrc=applewf
Dollarland, an amusement park in some people’s heads!! Because it’s sure not where this is headed anytime soon. They can’t even get volume or a pps rise on today’s press release for many companies that type of information would create quite a jump in pps.
Why such a negative reaction from the traders or should I say no reaction?
Was wrong, even info of revenue doing nothing. Thought if some revenue was announced the pps would move up. Guess not.
Try 120 days, info right from Brett in announcement.
“our first major harvest will not likely take place until the end of June this year”
New lows appearing regularly def good time to dump some and get back in lower.
News won’t bring this up just positive revenue and that doesn’t come out till April being the 10K not a 10Q.
Trend is showing further drops coming. Also what if the financials are not good as they have not harvested any MJ yet. So if sales are not great and Comcast was minimal not sure how low the share price goes.
Agree I’m sure most of what I enjoy is older too being in a state where MJ is not legal. As long as it doesn’t dry out too much and turn to dust when you break it up.
It’s just really dry flower, when it gets dry all the leaf material completely falls away. However it looks like it was good flower at one point, nice dense buds. Unfortunately now the old dry buds goes for half price at dispensaries as we saw posted on this board.
That’s exactly what I said, will dip to .05’s before financials are released. They don’t come out till mid April so what is going to keep the pps up from now till then? They recently announced huge news which produced a one day penny pop and the steady decline continued since. So why is the decline stopping here, why won’t it keep dropping till financials are released?
And you never know if financials are not good then what?
Agree, .05’s and I will be all in again!
Sell now @ .07 buy back in .05’s in 3 weeks to accumulate more shares for next run up.
That is my point.
Never said .02 or .03, said .05’s which is only a penny from where the price is now. So really not a stretch to say .05’s.
Folks can predict.02’s and .03’s but I’m staying with .05’s before next financials released. It will be a slow steady drop of a little over a penny which seems very reasonable to me.
Folks thought .09, then .08 would hold now it’s .07 and that will fall just like the .09’s and .08’s did.
A week from now .07 will seem high, or maybe two weeks but no news can bring the pps up except revenue news and that does not come out till the middle of April. So what will hold the pps up till then? We are due for a steady decline and may see .05’s before April. Good opportunity to sell some now and buy back much cheaper in a few weeks or a month.
Those plants looked horrible they were skinny one or two stalk crap!
Gonna yield maybe 5lbs from whole room.
Also the fact Jason owns 15% of GLF is a reason he is there.
Now we can say Jason’s capable but the plants we are seeing show they were not grown well and the massive delays also were under his watch so is Jason capable?
Grow Contractors quit working with GLF and GLF’s grower Goes to work for Grow Contractors!
Am I wrong for thinking GLF is not doing well? The pps could drop massive real quick here.
Corey’s Facebook link https://m.facebook.com/profile.php?id=1006475009 says Grow Contractors as employer.
Folks you really can’t deny it now.
PNTV’s own employees dont trust them, why should we?
PNTV performed so bad their master grower Quit!! So really PNTV is blowing smoke about these massive grow plans because someone that knew the most inside information just packed up and left!
Shotty grow set up and here’s an example https://www.instagram.com/p/Bf1VufxnITY/
How bout build a framed wood/steel box to mount that fan. Instead they use a cheap flexible pvc frame with a chain and then set it on top of an air pot they grow their plants in?? Come on why show us that terrible work. Crappy plants shotty set up man this may take longer than predicted to get going. Something is wrong there.
They did have Grower/Comedian Jae Benjamin for a bit but that was over a year ago.
With all the delays and those tents Corey was prob just fed up, who knows why he quit.
No wonder those plants look so crappy!
Wow GLF Master Grower quits, par for course there at GLF.
Yeah but look at that massive bush above the trim job from the other grower, that’s what I see as the issue. GLF plants are very thin and a straight shot no topping or splitting done to produce more of a bush which would have more cola’s produced. Those cola’s will be your big main buds some of those GLF plants will have only 1 main one. They will get side ones too but nothing like a top.
General time frame is about 3 months from rooted clone to harvest. Two months in growth stage where light cycle is roughly 18hrs on 6hrs off. And about 4 weeks in flower stage where light cycle is roughly 12hrs on 12hrs off.
This is what you get when smash plants together during growth stage, scrawny Charlie Brown Xmas tree looking plants. I don’t blame the grower as much as the delay but man all those together look like they maybe could produce 5 lbs. Could be a few cycles before they get things rolling!
https://www.instagram.com/p/BfzNA60nOr0/
Also does this mean the tents are for flowering since those are large plants were just trimmed up and moved in.
I read about 10 mil for a dispensary license
1 month before pps does major move up. PNTV issued two major announcements recently and only produced a little over a penny increase. MJ in general is on a down swing so very few investors coming in causing a steady drop.
Each day your seeing folks taking their gains or losses and parking it elswhere.
MJ Accelerator deals and Mark’s CA deal mean nothing to investors without an 8K spelling out business relationships and ownership. Was cutting them slack expecting the 8K’s to be released shortly after announcing but weeks later still nothing.
Really the only legit news recently was phase II opened which we have yet to see a picture or video showing them occupying the space.