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Hemp companies are raising capital at a fast clip and cannabis retailers can expect 4/20 sales spike. Hemp companies are raising capital this year at more than 10 times the pace seen last year.
CBD really making inroads into mass retail. Vitamin Shoppe to sell edible CBD drops; CVS, Walgreens and Rite Aid all recently said they would carry CBD-infused products in some states.
CNBC reports consumers clamoring for cannabis compound.
$PNTV is a share selling scam. They have no product, no revenues, no deals or contracts. Only massive toxic debt. Anything and everything they have ever planned and pump has failed to even come to fruition. Stay away if you want to keep your hard earned money.
CEO Mark Bradley admits he has no business plan and that his enterprise is simply a share selling scam designed for personal enrichment. Also admits that nothing, NOTHING, he has ever planned or promoted has been accomplished or completed.
There is no propping up this sinking ship. Their lies and failures are abundantly clear for all to see. Nothing they can try to pump and hype will save them now.
None of that matters at all, at least not for $PNTV investors. PNTV, despite their scammy pumps and continual pie in the sky proclamations, is not involved in any way. They have no product, are generating no revenues. They are strictly a share selling scam. That’s the only way they get paid, the only way to keep the lights on. Stay clear of them if you want to keep your hard earned money.
They have no intention of doing so. It’s all been a big fat lie, to sucker investors while they sell off shares. It’s how they make their living. And apparently quite easy to do as most penny stock investors don’t believe their own due diligence and are wishing for that big big payoff. Most of the time it never comes.
Unlike PNTV’s Green Leaf Farms, the REAL Greenleaf Farms of Colorado actually has product for sale and their CBD tinctures are amazing.
LOL ... thank you, Nelly, for my good chuckle of the day.
Please, Les. I can’t be the only one around here that finds IP’s posts tediously verbose and overflowing with grandiloquence. Growsmith, Shamol Vyas, Brett Pojunis ... all very scammy. People like this find each other to help each other with their ongoing scams.
Do a little research. For a supposedly successful operation find one, just one mention anywhere that this “company” has been involved in anything. You can’t.
Let’s stick with the facts as we all see and know them. Anything and everything that PNTV has ever announced and pumped up has never come to fruition. No one can be that incompetent. So you’re left knowing that this is a share selling enterprise. That’s how they make their money. They have no intentions at all of building up a successful business. That’s too much work. Why do that when you can hoodwink unsuspecting and uneducated investors?
Again, show us any proof, PROOF, at all that Growsmith has accomplished anything more than a web site. Shamol Vyas has tried his luck in Florida, Washington, and now in Colorado (twice!). Moves around a lot, always on the run. Guess that’s what convicted felons do.
Growsmith has only a web site. Shamol Vyas is a felon out of Florida. His friends in FL put up his web site. You don't expect us to believe this crap, do you? PNTV has not "retained the consulting firm" as there is nothing to retain.
He’s not a newbie. Obviously a paid pumper. He realizes that this board is indeed a significant resource for information on $PNTV and does like the overwhelming negative sentiment about the company. But his attempts to bring a positive spin to the conversation are falling on deaf ears. We don’t listen to #FakeNews here. We simply report the truth.
Les, with all due respect, that’s the same line that’s been used over and over again. You’ll pardon the pessimism but tell us when they’ve EVER produced ANYTHING out of their hypes and claims. All we really know is that major dilution headed our way. And all we really can expect, using history as our guide, is complete failure.
The uncoverer of Fake News has tweeted the Government of Jujuy, chiding them for dealing with PNTV without doing any research on them, warning them that they are a SCAM.
https://twitter.com/DNamhie/status/1097666325000810497?s=20
Can’t wait to see if and how they reply.
I believe this is exactly what is playing out at $PNTV. And I stand firm in what I’ve been saying for quite some time now. If you want shares at two cents or lower just hold on, they are coming soon. And even then they will be overvalued.
Interesting factoid: other than one day in August last year, today’s close is the lowest in two years.
LOL. At 762,100 shares I hold more shares than were traded all day today. A share price rise, even if 10%, on such paltry volume is not a good sign. Granted, we had an up day and we’ll take it. But I’m afraid when real volume hits it will be to the downside.
They do not. It will require more toxic funding and the continued selling of shares, further driving down the price of the shares you are holding. If you get out now you can save yourself further losses.
In Jujuy they'll be harvesting in June and exporting in September. So you see we're still months and months away from seeing any benefit from GLF Jujuy.
https://www.eldisenso.com/informes/bullrich-le-habilita-al-hijo-del-gobernador-morales-la-plantacion-de-cannabis-mas-grande-del-mundo/
I don't know all of their lies and deceptions either. I could use some help. Anyone here who can contribute please send me an email. I will put it all together and submit to SEC Enforcement. Email me at: wrightdwrong@outlook.com. My name is Daniel Wright.
I agree, BOF. And I urge everyone here to participate in this. Honestly, we need to report these guys and possibly take legal action against them. If there's enough interest I'd be willing to head up the effort or help assist in doing so.
Not very transparent, are they? Well, don't say I didn't warn you. You'll be able to buy this for a penny very soon. Sorry about that, all.
Tomorrow is going to be brutal. Look out below!
Does anyone believe this? Not holding my breath.
Update on filings.
I don’t believe that was ever there true intentions. They are not in imbeciles. They know a good thing when they have one. And they’ve been making a pretty good income pumping BS and selling shares. But that gravy train is coming to an end. You’re going to see a rapid decline in the share price as we’ve entered into the dreaded death spiral. I’ve seen it many times before. And it’s happening now to PNTV.
They have no farm in California. That was gone quite sometime ago. But you see a pick up in the trading volume? They have to sell more shares now to raise the same amount of money as they have been drawing, in order to keep the doors open. So with no other interest in the equity you’ll see a pick up in volume as the share price goes down. This is the dreaded death spiral.
What a joke. Article states “the North American company will offer its experience in the cultivation of cannabis on a large scale and will provide the necessary funds for the stages of production, manufacture and distribution.”
Oh yeah, PNTV is flush with cash aren’t they? They can’t (or won’t) pay for audits, can’t retain staff in their rinkie dink LV operation, can’t pay their phone bills, can’t produce any substantial revenues from the sale of any product - and we’re to believe they’re going to fund a large grow op overseas? Don’t be so obtuse.
Again, they have no revenues to speak of. But they do have massive toxic debt. Even if they were to proceed with what I believe is a bogus and weak attempt to pump up the share price (Jujuy), in order to secure funding, it would mean tons more debt and a lot more selling of shares. With way more sellers than buyers, a situation which will continue on for the foreseeable future, the share price has nowhere to go but down.
Very telling that with all the hopes and dreams they’ve hyped in the last six months or so, the share price is plumbing 2-year lows. The jig is up! No one, that is no one with any appreciable money to invest, believes their BS anymore. If you haven’t already moved on to another more attractive investment option you’d best do so now as this will continue to sink lower and lower, a slow bleed down to mild support at 0.025 before ultimately falling to what I consider as current fair value at one penny.
$PNTV has only two things -
1) Lack of any appreciable revenues;
2) Tons of suffocating toxic debt.
No one is interested in buying this anymore. The jig is up. And with way more shares being sold than bought, a trend that will continue well into the future, the share price has only one way to go. Spiraling downward.
So if you’ve kicked yourself for not grabbing some shares at 0.025 back in August just hold on a bit longer. It’s coming again.
No Salinas. No revenues to speak of in NV. No Weed TV, no Accelerator. I’m mean truly, what do they have at all that warrants a $25 million market cap? Not sure this would be fairly valued even at a penny.
Haven't you realized yet? This "company" is a share selling scam. Their past and current actions prove it. You know the old saying: "Fool me once, shame on you. Fool me twice, shame on me."
My advice to all - stay away. You'll only end up getting burned. The jig is up. There's no place for share price to go but down. The final realization was in mid-November. It's been sliding down ever since and believe me, it's got a lot more falling to do.
No Salinas. No revenues to speak of. Massive toxic debt. Why do you really think they're holding back 10-Qs? It's not because of this lie Bradley keeps saying, the complicated purchase of a cash only business. That purchase did not happen. It's over. Out of the picture. The truth? 10-Qs would reveal there's continuing no value in this "business." In fact the picture is getting more bleak by the month.
With continued dilution simply in order to keep it going, there are way more sellers (including the company) than there are buyers. And that's reflected in the plummeting share price.
Be forewarned. Stay away!
Trump's attorney general nominee may shift policy on marijuana enforcement.
Barr said he doesn't plan on using federal resources to "go after" companies if they are complying with state law.
Take a look at this chart and then you tell me how it's being paid for.
Massive dilution.
Too bad we’re not participating in it. Hell, we’re not even participating in NV.
They have nice t-shirts.
Re 10-Q's they'll be announced in "seven, eight or nine days." That came and went. Then "my goal is by the end of next week." That came and went as well. And don't expect anything this week either. MB is apparently in NY this week, as posted on Twitter yesterday by BP.
Sorry, Mad. You got screwed again. They have no product to sell, yet that is. Who knows when you'll get it. But a proper company would keep you posted, return your calls, emails, etc. Nothing like that here. So you got screwed.
Couldn't have said it better myself, GM. It's obvious PNTV is only concerned with selling shares. Their only source of subsistence. It's not that they've failed at everything - that is their intent all the way. They don't have the money to accomplish the things they pump about. They pump to move the share price and then sell. They will keep doing this until the well runs dry. It's actually a nice gig if you can get it. And, of course, find the suckers.
Still way overvalued. As I said, I'll be a buyer at two cents and below. Shouldn't be long now.
I, on the other hand, say you’ll never see anything remotely close to ten cents again. There will be no revenues claimed for Salinas because they never owned it. Gone is their potential to see a million bucks a month in California. They have nothing. Argentina is just another pump. Even if it worked out to any degree we are talking years before anything substantial could be reported from it. One thing we know for sure, however, is the continual amassing of huge amounts of toxic debt. Where else could they get the money to keep this enterprise afloat? It’s the same old same old with them. String you along with vagueries, hopes and dreams. Never anything of substance or that can be officially reported. Their market cap is extremely over valued. The jig is up. All who have been keeping an eye on this stock are wise to their modus operandi and aren’t buying it anymore. This will hit two cents long before it’ll ever have a chance at ten. New four-month lows (both intraday and closing) were made on Friday and we’re going lower as the issue is in distribution now, not accumulation. As I’ve said before, if you want to buy at a more reasonable, substantially lower price, hang in there. It’s on the way.
I guess the heat is being turned up on $PNTV. SEC copied in.