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There are just no sellers down here.
Thanks! That's a lot of product placement. So much to love about this company.
You have always struck me as a funny man, and one who knows a GREAT COMPANY when he sees one. The more DD I do, the more I read the last press release the more I see holding this company for a looong time.
So true Wadi. Rarely do you find a Pink Sheet company with real integrity, no dilution AND a profitable business in a multi billion dollar industry. Just a matter of time before all that is going on behind the scenes converges and we reach true value.
It's just a matter of time with the stated 2011 update coming to fruit that we see that level MG. IMO
I'm hoping to see a PR or two "soon" but this company has shown it won't just throw out hype PRs. Personally I like that, demonstrates integrity. We already know the business is solid. Management integrity is key (ie. NO DILUTUON.) to not only growing a successful company but more importantly to us a SHAREHOLDER FRIENDLY successful company.
And yes it always is
As the year unfolds and numbers are released the share price will no doubt find that level and above. Eric and Fred are doing a great job of building a power house company. IMHO of course.
Nothing i know of. Everything else is old news. Bad judgment man is gone. EOM
It does sound like the poster is trying to draw a conclusion but I don't know if that is true or not. I do know using restricted stock for promotion is perfectly legal if that did occur.
Only thing wrong would be a bad judgment of character of someone who was supposed to be a friend.
Apparently PNTV has recovered quite well to the point that David Tice has bought more than 10% of the company and the not to forget the last several days of buying. Good luck to you though.
Obviously too well. He turned out to be an unscrupulous individual and has not been associated with the company for a long time. At some point most of us are guilty of being naive.
It is completely legal for a company to use promotions as long as they follow the rules set by the SEC. Almost all OTC and Pink Sheet companies use promoters to bring eyes to their companies. It's called advertising.
Now some companies use it to pump up their stock price so they can dump a lot of shares into the market. Then there are companies like Players Network who have used it to attract investors to a great company. They are getting to a place where this is no longer necessary.
How do you tell the difference? Players Network is a 12 year old fully reporting company with an O/S of 60 mm shares with a float of 29mm, 6mm of which was just purchased by David Tice essentially taking them off the market. Never has there been a split of any kind.
These are not the numbers of a company dumping shares. Nope, no P&D here. Just a great company coming into their own. 2011 should be a watershed year.
I would have to agree. Many great things on the near Horizon.
LOL! I wish I was loading up. I'm as loaded as I can get. I am a simple man who works for a living. The reason I was able to accumulate my position was from inheritance and then being lucky and selling another stock in a timely manner which I put most of back into PNTV.
The trip was great. Visited offices on Friday. I was really impressed with the people I met who are already on board.
Relations go well with David Tice. He is very high on the company and Marks business plan. In the coming months this will become more evident.
There are several things going on that could be very significant for Players. Until they are finalized the company won't PR or talk about them.
The website is close. Not much else to say about that.
They are starting to find the right people to hire for implementation of their business plan. Marketing, sales etc. Some very impressive people with vast connections will be coming on.
Many have queried about the terms of the Tice deal. Mark said all the terms are public and go to Edgar. What I know for sure and asked directly is:
1. That the shares were bought much higher than market (I think the price was .31 a share taking into account all financing when we were trading at .16).
2. That they were preferred with no voting rights.
3. And most importantly the shares convert 1 to 1 preferred to common. There are no hidden conditions.
4. All warrants are placed much higher than purchase price. (I hope there is a reason for those to be executed!)
4. Mark assured that it is very share holder friendly and because of Davids relationships it is going to be an exciting year.
Today was a great day. There are other people with no connection to David Tice with pockets as big if not bigger looking at this company. Someone said that today and I think it is true. That has been one of Marks greatest attributes and PNTVs assets is Marks ability to make the right connections. I think we are all in for a good year.
I am going to Vegas tomorrow 1/27/11 and will go to PNTV offices on Friday. Will report back after the weekend.
You are so right MG. Mr. Tice didn't put 2.5mm into the company because he wanted to take over Players Network or fire the CEO. What's funny is that Mark Bradley IS PNTV. His vision, creativity and his ability to create relationships in the right circles IS the company. Players doesn't exist without Mark.
Like myself I believe David Tice invested not only because of the business plan and amazing potential but invested also in the man himself, the CEO.
It really doesn't take much buying to move this up. Looking forward to my trip to Vegas and PNTV offices this week.
I'll go over on Friday to the offices for a few hours and then will most likely go out one night for dinner, maybe a show. I'm actually going to see a concert, PNTV is a nice bonus.
I'll be visiting the company in 2 weeks. Everything I am hearing is that they are moving right along and we will be hearing about the developments shortly. Mark doesn't want to throw out fluff. I'll be happy to give a report after my visit.
The only reason you would tax sell now is that you feel this is bottom. Most likely is. I feel people are waiting to see if PNTV can execute on their plan now that they have capital. I am looking forward to the announcements the CEO just laid out. Let him perform his stated objectives and the shareprice will take care of it self.
I think Players Network and Mr. Tices best interests are completely aligned. How that can't be in the best interest of the shareholders I couldn't imagine.
Again I'll say being a large share holder and close to the company I feel VERY comfortable with Mr. Tices investment and intentions concerning Players Network.
Happy New Year MG, Very well written. Having been around for the entire life of this company I can say I have never been more excited. Also happy for Mark for I know what he's sacrificed over the years and hours put in to make his vision come true. Looking forward to the progression.
Morning Trading J
That is what I thought I saw as well. There does seem to a consistent pattern of reversal upward after the long downward tail but that is why they chart I guess.
As you know the company is entering the next phase of their business. Volume will come in due time. Obviously hoping sooner than later but I am a patient man. Thanks for your input.
Ahh, that is what happened. I thought it was my post NYE haze! Thanks for the info!
I know that. I was asking further questions to see if my interpretation could be correct. Obvious support for this company out there. From what I've seen any buying volume and this runs.
They would but not everything is about money.
Thanks TJ,
I'm not a chartist but I do look at patterns for a living and looking at this chart every time we get that long tail we see a move to the upside. Last time it ran up to .23 when the tail hit this low. Am I reading this correctly?
I think you are right. To call PNTV a "FLD" is incorrect. Any group or person can call anything anything they want but in reality Players Network is a 12 yr reporting company with an OS of only 60mm that existed long before anyone even heard of am "FLD". The selling we have seen I believe to becoming from one person, a long term PNTV investor.
PNTV continues to make notable material announcements in timely fashion. To think that these events and others weren't/aren't in the pipeline in light of recent investments made into the company would be naive.
PNTV is not trying to hype itself. I would expect to see a continuos release of information as we move through the first quarter.
Hey MG,
2011 will be very exciting. Keep biting my tongue. What's the old expression in the music/show business 15 years to become an overnight success. Be safe out there tonight.
How do you interpret it from a chart perspective? And here's to a better decade ahead. Happy New Year.
Thanks! and I agree. That's why I said rev starting Q1 and 2 ramping to 3. I would be happy to see it sooner. I just like to be conservative and if so be pleasantly surprised. You know the model better than I and with a few big deals it surely is quite possible.
Morning MG,
Look at that, I'm a moderator. I feel like Cartman "Respect my Authoriti!". But seriously we just need to be a little patient. As I have said before Tices friends will come in slowly over time. I personally am looking towards Q3. Q1 and Q2 should see increased revenue but Q3 is where I expect it to really pick up.
Near term I am looking more forward to hearing about the companies progress. There are things coming down the pike and they are very positive.
It took 2 months from the time Mr. Tice bought on the open market to the time they closed the financing. It was being worked on the whole time even though it seemed nothing was going on. My guess is it is the same now. We aren't some P&D putting out bogus press releases so the CEO can dump into the market. When the t's are crossed and the i's are dotted we will hear. And if recent history is an example it is going to be positive.
Personally I am not overly concerned about the share price going into the beginning of 2011. Unless you are trading or need the money, the short term is of little concern. This is the first time Players has had real working capital and the timing of it couldn't be better.
I'm looking forward to see how they use the money to implement their business plan. Revenue is what is going to draw interest in this and any company that is real. Assuming they do what they think they can 3Q should be great IMO.
And Happy Holidays to everyone on this board, pro and con. I hope 2011 is a good one for you all.
No question MG. Christmas came a little early for Players. As you know time will unfold everything that has been in the fire.
If the price dropped to .04, with what's happening with this company, I would have to pick up another 500k shares but i don't think that is going to happen.
Ok, I am back.
The "for what" part is for the implementation of PNTVs business plan. Media Guy has outlined it very well. An example will be development of new content (ie Wayne Allen Root), hiring of sales people to market PNTVs services etc. If you want to know the business plan in detail ask the CEO. He explains his vision and how it is implemented eloquently. The revenue streams are limitless.
As for the "what financing and when" I believe soon. It has always been Players intent to get financing at favorable terms. Key words here favorable terms. Mark has had many chances over the years to take toxic financing but never has. That's why 12 years later there is only 60mm in the OS.
I know they have been working diligently on it. These kinds of deals take time. There have been some obvious big players recently and it would not be far off to assume that there was more interest out there from the same and/or others.
I am @ work and will respond when I get home.
I woke up and couldn't sleep. LOL No drunk posting here! Once our financing is in place I think some people are going to view PNTV a little differently.
MG, All of the market manipulation will be a moot point when we finally get our financing in place and Mark is able to execute Players business plan fully loaded. As you know any real buying pressure and this thing moves quickly. 2011 is going to be a watershed year for Players Network.
I'll take a stab. David Tice was a player in Silicon Valley. He saw what was going on and realized that all of these Dot Com companies were worthless. What David Tice saw was opportunity. Most people lost their shorts (pun intended). David Tice is not a "shorter of big board stocks" but an opportunist who is ahead of the curve.
Now here we are many years later at the beginning of the new media revolution. Again Mr. Tice sees opportunity. Maybe a bit of a flyer true but he sees the value in the infrastructure PNTV has built, understands where the industry is going and believes PNTV has positioned itself accordingly.
I still think there is more to be heard from David Tice that will be positive for both PNTV and its investors. JMO