Looking to be GREEN in 2017!!!
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Our Company had no revenues for the period from January 25, 2012 (inception) to December 31, 2012, and had $60,311 in revenues for the year ending December 31, 2013. Our activities to date have been primarily centered on establishing relationships with our content suppliers and purchasing content, recruiting personnel, further development of our technology platform, and launching our internet TV channels. Going forward, we plan to continue to purchase content and launch channels. While we are optimistic about the prospects for our Company, since this is a relatively new service offering (and we have not recognized significant revenues to date), there can be no assurance about whether or when our services will generate sufficient revenues with adequate margins in order for our Company to be profi
ON THE TOPIC OF REVENUE
there are no solid numbers just percentages which are probably not substantial
The roku platform is definitely not the best way to structure the payment for services WHY WOULD A PERSON PAY TO SEE THIS CONTENT
NOTHING DIFF NOTHING new and no way to actually draw consumers
It is a way to prove concept which they are trying to do now
IF CONCEPT IS NOT proven NO PROGRESS CAN BE Accounted for
And the way the plan sounds it doesn't seem very feasible or sustainable
But there is a long road ahead
With a lot of ups and DOWNS
http://finance.yahoo.com/news/movie-music-network-didg-outlines-130000654.html
The CEO didn't flinch, however, in addressing unmet expectations. "It's true we've had a few false starts and delays with the release of the mobile apps, but that has now been resolved. And, while I'm acutely aware that we have work to do in rebuilding shareholder value and confidence, I've always believed, and continue to believe, that the company's fortunes rest on the execution of its action plan. And that plan is being implemented every day."
Addressing yesterday's pr there are no solid numbers just percentages which are probably not substantial
The roku platform is definitely not the best way to structure the payment for services
It is a way to prove concept which they are trying to do now
But there is a long road ahead
With a lot of ups and DOWNS
http://finance.yahoo.com/news/movie-music-network-didg-outlines-130000654.html
The CEO didn't flinch, however, in addressing unmet expectations. "It's true we've had a few false starts and delays with the release of the mobile apps, but that has now been resolved. And, while I'm acutely aware that we have work to do in rebuilding shareholder value and confidence, I've always believed, and continue to believe, that the company's fortunes rest on the execution of its action plan. And that plan is being implemented every day."
Net Loss and Operating Loss
Our operating loss for the period from January 25, 2012 (inception) to December 31, 2012 was $1,725,086. Our operating loss for the year ended December 31, 2013 was $4,881,849. Our net loss for the period from January 25, 2012 (inception) to December 31, 2012 was $1,558,650. Our net loss for the year ended December 31, 2013 was $10,597,529. Our net loss for the year ended December 31, 2013 consisted of $1,345,414 of interest expense and $4,370,266 loss due to derivative liabilities associated with our convertible notes and warrants.
Selling, general and administrative expenses
Selling, general and administrative expenses totaled $1,725,086 for the period from January 25, 2012 (inception) to December 31, 2012, and 4,942,160 for the year ending December 31, 2013. Included in these expenses for the year ending December 31, 2013 were payroll and related expenses of $1,070,511, stock based compensation expense totaled $921,145, share issued for services totaled $557,599, loss in litigations of $960,000 and professional expenses of $200,179.
Interest expense
Interest expense totaled $682,554 during the period from January 25, 2012 (inception) to December 31, 2012, and totaled $1,345,414 during the year ended December 31, 2013. Interest expense was primarily the result of amounts accrued and debt discount amortized under notes payable.
Gain on derivative liability
Gain on derivative liability totaled $848,990 during the period from January 25, 2012 (inception) to December 31, 2012, and loss on derivative liability totaled $4,370,266 during the year ended December 31, 2013. The gain was mainly related to the decrease in fair value of the derivative liability which was the result of a decline in our stock prices.
Attention Shareholders,
Just in case you missed this update on Facebook, I wanted to share with everyone, what is going on with UTRM.
Thank You,
Jodi
Hey guys, this is Chris Seminatore. I want to offer nothing but support and confidence to Jim Wright. He truly has the experience and background to take this project to the next level. I set my ego aside and worked for what is in the best interest of the shareholders. I think UTRM will go way further under his management and allow PotNetwork.TV to become the responsible face and source of news for the cannabis industry. This is simply another evolution in accomplishing this objective. Go Jim and go UTRM!
Attention Shareholders,
Just in case you missed this update on Facebook, I wanted to share with everyone, what is going on with UTRM.
Thank You,
Jodi
Hey guys, this is Chris Seminatore. I want to offer nothing but support and confidence to Jim Wright. He truly has the experience and background to take this project to the next level. I set my ego aside and worked for what is in the best interest of the shareholders. I think UTRM will go way further under his management and allow PotNetwork.TV to become the responsible face and source of news for the cannabis industry. This is simply another evolution in accomplishing this objective. Go Jim and go UTRM!
Addressing yesterday's pr there are no solid numbers just percentages which are probably not substantial
The roku platform is definitely not the best way to structure the payment for services
It is a way to prove concept which they are trying to do now
But there is a long road ahead
With a lot of ups and DOWNS
http://finance.yahoo.com/news/movie-music-network-didg-outlines-130000654.html
The CEO didn't flinch, however, in addressing unmet expectations. "It's true we've had a few false starts and delays with the release of the mobile apps, but that has now been resolved. And, while I'm acutely aware that we have work to do in rebuilding shareholder value and confidence, I've always believed, and continue to believe, that the company's fortunes rest on the execution of its action plan. And that plan is being implemented every day."
Our Company had no revenues for the period from January 25, 2012 (inception) to December 31, 2012, and had $60,311 in revenues for the year ending December 31, 2013. Our activities to date have been primarily centered on establishing relationships with our content suppliers and purchasing content, recruiting personnel, further development of our technology platform, and launching our internet TV channels. Going forward, we plan to continue to purchase content and launch channels. While we are optimistic about the prospects for our Company, since this is a relatively new service offering (and we have not recognized significant revenues to date), there can be no assurance about whether or when our services will generate sufficient revenues with adequate margins in order for our Company to be profi
We have primarily financed our operations through the sale of unregistered equity, warrants and convertible notes payable. As of December 31, 2013, our Company had cash totaling $6,371, current assets totaling $223,657 and total assets of $308,468. We had total liabilities of $8,968,784, contingent liabilities of $1,137,708 and working capital deficit of $7,607,419. Stockholders' deficit at December 31, 2013 was $8,660,316.
Net cash used in operating activities was $1,360,343 for the period from January 25, 2012 (inception) to December 31, 2012, and was $1,451,420 during the year ended December 31, 2013. The net cash used by operating activities was related to increased activities incurred in ramping up our business operations over the previous period from inception.
Net cash used in investing activities was $303,442 for the period from January 25, 2012 (inception) to December 31, 2012, and was $82,467 during the year ended December 31, 2013. The net cash used in investing activities was mainly attributable to purchase of content.
Net cash provided by financing activities was $1,664,616 for the period from January 25, 2012 (inception) to December 31, 2012, and was $1,539,427 during the year ended December 31, 2013. The net cash provided by financing activities was mainly attributable to proceeds from the issuance of convertible notes, notes payable, and warrants.
Based on our need to raise additional funds to implement our business plans for the next twelve months, we have included a discussion concerning the presentation of our financial statements on a going concern basis in the notes to our financial statements and our independent public accountants have included a similar discussion in their opinion on our financial statements through December 31, 2013. We will be required in the near future to issue debt or sell our Company's equity securities in order to raise additional cash, although there are no arrangements in place for any such financing at this time. We cannot provide any assurances as to whether we will be able to secure the necessary financing, or the terms of any such financing transaction if one were to occur. The failure to secure such financing could severely curtail our plans for future growth or in more severe scenarios, the continued operations of our Company.
Net Loss and Operating Loss
Our operating loss for the period from January 25, 2012 (inception) to December 31, 2012 was $1,725,086. Our operating loss for the year ended December 31, 2013 was $4,881,849. Our net loss for the period from January 25, 2012 (inception) to December 31, 2012 was $1,558,650. Our net loss for the year ended December 31, 2013 was $10,597,529. Our net loss for the year ended December 31, 2013 consisted of $1,345,414 of interest expense and $4,370,266 loss due to derivative liabilities associated with our convertible notes and warrants.
Selling, general and administrative expenses
Selling, general and administrative expenses totaled $1,725,086 for the period from January 25, 2012 (inception) to December 31, 2012, and 4,942,160 for the year ending December 31, 2013. Included in these expenses for the year ending December 31, 2013 were payroll and related expenses of $1,070,511, stock based compensation expense totaled $921,145, share issued for services totaled $557,599, loss in litigations of $960,000 and professional expenses of $200,179.
Interest expense
Interest expense totaled $682,554 during the period from January 25, 2012 (inception) to December 31, 2012, and totaled $1,345,414 during the year ended December 31, 2013. Interest expense was primarily the result of amounts accrued and debt discount amortized under notes payable.
Gain on derivative liability
Gain on derivative liability totaled $848,990 during the period from January 25, 2012 (inception) to December 31, 2012, and loss on derivative liability totaled $4,370,266 during the year ended December 31, 2013. The gain was mainly related to the decrease in fair value of the derivative liability which was the result of a decline in our stock prices.
Our Company had no revenues for the period from January 25, 2012 (inception) to December 31, 2012, and had $60,311 in revenues for the year ending December 31, 2013. Our activities to date have been primarily centered on establishing relationships with our content suppliers and purchasing content, recruiting personnel, further development of our technology platform, and launching our internet TV channels. Going forward, we plan to continue to purchase content and launch channels. While we are optimistic about the prospects for our Company, since this is a relatively new service offering (and we have not recognized significant revenues to date), there can be no assurance about whether or when our services will generate sufficient revenues with adequate margins in order for our Company to be profi
Addressing yesterday's pr there are no solid numbers just percentages which are probably not substantial
The roku platform is definitely not the best way to structure the payment for services
It is a way to prove concept which they are trying to do now
But there is a long road ahead
With a lot of ups and DOWNS
http://finance.yahoo.com/news/movie-music-network-didg-outlines-130000654.html
The CEO didn't flinch, however, in addressing unmet expectations. "It's true we've had a few false starts and delays with the release of the mobile apps, but that has now been resolved. And, while I'm acutely aware that we have work to do in rebuilding shareholder value and confidence, I've always believed, and continue to believe, that the company's fortunes rest on the execution of its action plan. And that plan is being implemented every day."
Low float = SUPER high and LOW SWINGS
CAN GO FROM 8 to 0 in one day simply on low volume
Know the risks
Stay informed
I totally agree
There are many outlets for this platform already
Many are already up and running or soon will be
False promises cannot last
The financials for this company speak wonders
22 days left my friend I will my lower
YES SIR ERBB TOTALLY TRANSPARENT IN A MONTHS TIME WE SHALL SEE GREAT RESULTS
I SAID PEOPLE RUN A STOCK UP ITS BOUND TO FALL HARD WITH OR WITHOUT NEWS
NEWS TOO EARLY TO PROP UP PPS
THIS IS ICING ON THE CAKE FOR ME
NOW I SIT BACK AND WAIT FOR THE PANIC SELLING
BTW IS CHARLIE ON THE BOARD I THINK HE TRADEMARKED WINNING BE CAREFUL HE WILL SUE
The CEO didn't flinch, however, in addressing unmet expectations. "It's true we've had a few false starts and delays with the release of the mobile apps, but that has now been resolved. And, while I'm acutely aware that we have work to do in rebuilding shareholder value and confidence, I've always believed, and continue to believe, that the company's fortunes rest on the execution of its action plan. And that plan is being implemented every day."
Not on news I wait for the period after
News is positive but not at the same time
Still a lot of issues with this company red flags
So people will worry this will drop back
The CEO didn't flinch, however, in addressing unmet expectations. "It's true we've had a few false starts and delays with the release of the mobile apps, but that has now been resolved. And, while I'm acutely aware that we have work to do in rebuilding shareholder value and confidence, I've always believed, and continue to believe, that the company's fortunes rest on the execution of its action plan. And that plan is being implemented every day."
GREATT LIKE TONY THE TIGER
NEWS RELEASED MUCH TOO EARLY TO PROP STOCK UP
THIS WILL FALL LIKE SNOW ON XMAS
A FEW FALSE STARTS LMAO
The CEO didn't flinch, however, in addressing unmet expectations. "It's true we've had a few false starts and delays with the release of the mobile apps, but that has now been resolved. And, while I'm acutely aware that we have work to do in rebuilding shareholder value and confidence, I've always believed, and continue to believe, that the company's fortunes rest on the execution of its action plan. And that plan is being implemented every day."
CHRIS WILL DELIVER
THIS ALWAYS HAPPENS AROUND NEWS TIME
40 cents is target quite unachievable unless it is through a pump & D
THAT IS WHATS HAPPENING
I urge investors don't be left HOLDING THE BAG
BUY AFTER THE DROP
AND TAKE A LOOK AT FINANCIALS
http://finance.yahoo.com/q/is?s=didg
NO NEW NEWS NO NEWS COMING BE AWARE OF THE DROP
Take a look at FINANCIALS
http://finance.yahoo.com/q/is?s=didg
I say the truth MAJOR DIP WILL COME - be mindful
Many pumpers here trying to possibly do a p&d
BUY WISELY WAIT FOR THE DIP
22 days to go after they pump it this will fall hard
These pumpers will leave tons holding the BAG GET OUT WHILE
YOU CAN
IT ALWAYS GETS WORSE BEFORE IT GETS BETTER
THE DIP IS REAL AND COMING
ARTIFICIALLY RAISING THE PPS CANNOT LAST
WE SHALL SEE
DIDG DIP IS COMING 23 day wait PPS can't be sustained for 23 days
THERE IS NO WAY OF 40 cents this is manipulation by a group on here
Didg will fall
THE DIP IS COMING ARTIFICIAL RISES CANNOT BE SUSTAINED FOREVER
JUST BECAUSE A HANDFUL OF PEOPLE WANT TO PAY MORE doesn't mean the stock IS CURRENTLY WORTH THE PRICE
It is 3:16 volume is 578 k
Tht is literally nothing
No arguments Because the dip is coming
SMART MONEY BUYS ON THE DIP
THAT LOW LOW
23 days lower buying opportunity
This is an artificial rise created by people on this board
It cannot be sustained
THE DIP IS REAL NO ONE CAN DISPROVE LOWER BUYER
JUST BECAUSE INSIDERS BUY HIGH DOESNT MEAN ANYTHING.
WHY SHOULD PPS MOVE FOR THEM
THIS WILL DIP
23 DAY WAIT HUGE DIP COMING
LOWER BUYING OPPORTUNITY
PPS CANNOT BE SUSTAINED FOR 23 days
DIP IS COMING PPS CANNOT BE SUSTAINED FOR 23 days
No news = NEW DIP
Huge sell indicators HUGE DIP COMING
CHECK the people on the board check how many posts check previous posts
I urge investors FINANCIALS
http://finance.yahoo.com/q/is?s=didg
NO AMOUNT OF SENSELESS PUMPING CAN SHY AWAY FROM FACTS NOT PREDICTIONS
23 day wait we shall see
23 days no matter which month old MAY 6 news you post
No new news coming no updates just tht countdown clock
Pumping this will hurt the stock
You shall make this fall harder
The dip is coming
As far as charts go this deserves a much lower dip
Artificially bringing PPS up will cause even worse DIP