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You are exactly right. PNTV has been a death spiral for years and years. It's likely insiders are also dumping shares now that they have stopped filing.
Everyone ever associated with DKAM, including Cabo, is long gone. This will just die quietly from lack of interest until the SEC gets around to shutting it down.
It's been a death spiral for over a decade. I'm always fascinated by how many people put money into these toxic scams, somehow thinking they'll outwit the toxic lenders and company insiders.
Good luck. Wells Fargo will likely call in the loan, forcing the company to liquidate. Shares will be worthless.
The Cresent transaction was a scam from the beginning. The terms of the deal made that very obvious.
Yeah, the toxic note holder will be dumping shares as long as they can find buyers.
https://www.otcmarkets.com/filing/html?id=13333169&guid=xbpvUWjl7XpSfth
Yup. On and on it goes.
Yup, every once in a while a stuck holder throws a buck at this POS to try and get some newbies to buy some $.0002s, but it never works. Now that everyone is charging zero commissions, it will probably happen every week.
Too funny.
Indeed. I am always amused at the "investors" who get taken in by a scam, then try to convince themselves that the scammers will "get theirs".
The OTC is littered with scammers who show the opposite is true. Victims get taken, scammers get rich. DRYS is just one of the most successful scams.
LOL, no he won't. He has everyone's money and owns the company.
And he's untouchable.
Yeah, they'll probably revoke the registration and put investors out of their misery.
It's been worthless for years. This was a kindness to keep other investors from getting duped.
GLFI has control of PNTV through preferred now most likely. PNTV is being kept alive for their benefit.
Why anyone would buy shares in PNTV is beyond me. They've been a disaster for over a decade and have stopped filing. Delisting is now when, not if.
A decade plus long scam.
It's a scam with people trying to get out at $.0001.
Don't help them.
He's untouchable. The SEC will delist the stock and he'll keep his money.
A scam from the start.
just peeps trading back and forth to keep it from being delisted.
It won't.
just peeps trading back and forth to keep it from being delisted.
It won't.
This will be delisted shortly.
That would actually be great. Save those who don't realize it's a scam from losing money.
"turning into"??
That transformation is more than a decade old.
I'm amazed they're still in business. SEC and FINRA need to step up and do their jobs.
Tout site for pump and dump. The company is no longer in business and will be delisted eventually.
Nah, just and old fashioned pump and dump. No toxic financing on this one.
He hooked a lot of fish though.
This pump and dump is a great flip, but you have to be nimble and not greedy. GLTA.
If only.
Prolly. No one is buying even at $.0001.
Dead defunct - out of business - black sink hole for money.
Stay away.
It's been pumped and dumped so many times in the last decade, I'd be surprised if they could find anyone to fall for a new story.
Then again ....
I believe that's about what Delfin paid for it in the first place.
You have incorrectly assumed that the company is the only source of a pump.
There ain't no CEO. Or CFO. Or employees at all.
The company is gone. Out of business. Just a money pit for anyone who invests.
What money? This was a way for smaller TGLO shareholders to dump their worthless shares on newbies, and recoup a small portion of their losses back.
LOL, I busted this pump and dump a LONG time ago.
In other words, never.
Wow from financing being a done deal to "Delfin has also seen strong interest from Chinese banks, among others, for financing of the project, the manager told Reuters.”
"strong interest" indicating there is no deal and only the faintest hope for one.