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https://www.cityofnorthlasvegas.com/MeetingsAndAgendas/PDFs/PlanningCommission/Agendas/2016/2016_03_09/Items/P005.pdf
Why is PNTV not listed as the majority owner or owner? Is that their partner? Their 15 or 16 % partner? I have no idea, is this the same company? Greenleaf, right? If so, is the ownership listed under their minority partner under their name? If so, why? Is the MJ licensed in this company's name too or the name on the document? Who really holds the license because in order to have said license you must first have a growing facility to be approved by zoning as this zoning documents represent. The zoning approval or application does not appear to be in PNTV's name? Whose name is the licensed registered in and it does make a difference? Than again, maybe I just got the thing mixed up.....
Zoning document took me 2 mins to find over a week ago, so I thought I would share now. Same facility? Same people? Same company? You tell me? Anyway, I am sure the longs know everything including the confusion of the above document so if anyone wants to answer please do. Thank you.
Does anyone have a link to any video that you can share or show of their progress? They are a media company and the CEO did promise some sort of video a couple of days after the May 30th video and cannot find it....I figure there would be video of phase one? I mean that may make me and others more a believe of the faith.
By the way do the majority of you ever really use the world wide web? The last after hour trades, including the ones I posted can be searched online.
The opinions are my own and afforded by the right of the First Amendment.
SayZero
Hello
I wonder how much PNTV made off the run to further finance their operations?
Last Trade After hours...
16:06:18 1,050,000 $ .1342 on the bid
16:15:58 658,950 $ .1428 High on the ask
Enjoy your weekend...
Green Pharms You went inside but no pics or video? CEO said on May 30 in a cheesy video there would be a "virtual" video in a couple of days and that did not happen either. Why virtual? Lol....Lets see a video from this media company of the warehouse and operations. If it really exist show us...Also, there is no 1 million revenue because it is not yet made if ever. I see many of their video where they talk and pitch their shares than the production of product. One video they could not even focus properly in the only room I know they have with ceiling tiles missing do to painting which is rather tacky for media. I think every shareholder and potential shareholder will want to see the results of what they have already accomplished.
Lots of early volume with sales and taking profit. If it does not close at the high today forgetaboutit.....Truthfully, there is nothing that backs this company up for even a respectful trade. It is all hot air and hope with the CEO pitching the price of his stock than the company itself per production. He is an expert closer when it comes to selling stock. I mean creating stocks is easier than growing pot. What happen with the 650 lbs? Was it mentioned in the call? And where is the video promised on May 30th? I don't mean a virtual one either. Appears they are more about producing media than weed.....
All in my opinion....Some of you who are way up are foolish not to take some profit. You will more than likely right it back down. I am sure in short time I will read the moans and groans.....Volume is strong but will it beat the high? It will drop back so be prepared when it gets ready to go from the roof to the basement. Good luck....
Message 9994 is one of current and future trends. I am not here to pump the stock like your board moderators but post actual. This is a fact below and you can had many more quarters since this was posted...
"Apparently not enough to become more profitable. PNTV might improve by large enough leaps and bounds in the next one or two quarters to justify its current market cap. But their past 48 quarters of not being able to do so makes that possibility seem more like wishful thinking even a remotely possible outcome.
Maybe the 49th or 50th quarter might be radically different. I think any chance of that happening would improve greatly by swapping the current CEO, with his decade long track record of losing money, for a new CEO has a decade long track record of making money."
Estate, Long on free shares is the best way to be, so much prosperity and wealth on your shares. I not completely negative due to the fact the stock has movement and I am never opposed to taking my money off and leaving some free shares on the table. Very smart traders, hats off to you. Thank you for the comments.
Imfranko, thank you for your comments. I find them very helpful so thanks for your info and perspective.
Threepointer, Not remembering the past you are doomed to repeat it in the future. Past indicators are more often times future trends when it comes to PNTV or any stock as in life.
And no matter how great the product bad management will run it into the ground. The company per its yearly filings shows one employee who's been able to run a company for 20 years and no profit from any of them from what I can find. He claims 31 million losses and you think he can grow pot faster and better than selling of shares? He gave back 350,000 or thereabouts of his own money for stock? Wow, more dilution or what? 59k a year? He makes a little of his money on service and product but most of his money I believe selling shares? And if your company is losing tens of millions over decades where do you come up with the money? You know this company does not live or exist entirely on the money it generates. A huge portion of that comes from shares. I guess it beats getting it from the government directly when you can go straight to the source it, you the so called "investor".
Hawkeiz about the only thing we can agree on, the run as about done. Time stamp after hours trading 655,300 shares on the bid. I know it could be some late reconciliation but it may not be.
Airair is correct, one fed bust and the entire sector is killed not just pntv. I am not so concern about the feds right now but you are so right.
What price are you looking to get in? It is so obvious. Lol
Elkay11 The majority of firms have limits or off limits to pink sheets. They find them rather beneath them in general. Can you imagine, one crooked better than another? Lol..Good luck in Pntv. You will need it but good luck anyway.
Miro Slovnik thanks for that valuable info about dispensary license. I said that earlier about retail vs wholesale when selling that 650 lbs of whatever on the market come Sat. that they did seem to not have mentioned. Hmmmm.. So, if the company has any pot by my earlier assumption that you have now confirmed it can only be wholesale. Dang, no street light corner sales. Let me guess, you are not a tax accountant or lawyer, right? The losses are 31 million and I doubt they will be able to write off 28 or 31 of anything....Losses are not credit...You do not always get back dollar for dollar and no one is paying you interest for something you do not hold while calling it a credit.
Miro: Growing from seeds to avoid contamination? Contamination of what? It is grown in a warehouse so what contamination? I have yet to finish your updates but that tells me no product to sell as promised. Convictions? Projections? No sales and I have yet to do a background check. That was a joke but never out of the question. Conviction would have been to give back 350k and not trade stock for it, that is conviction. Buying up shares, that is conviction. And their lawyers will not allow them to reveal what is coming out soon? If that was true there would have never been a mention. That is not information but hype. When are they going to produce and cultivate their first product to market? The building was leased, the zoning was approved a year ago and you might have seeds? Did anyone actually see the seeds? Do you have proof the seeds have been planted? No pictures? No video from Weed T.V.? Show me the progress of the inside of the establishment to bring in more people, right? You want believers of the faith you have to show the seed...Where is the seed? The lawyer said he cannot mention as he mentions it..Lol..The lawyer thing. Marijuana Accelerator? I caught the video on FB. Great pitch on the performance of shares. I cannot say much for the painter whose painting. It is obvious he is not a painter by any means. It looked in my opinion very scripted. No picture of the complex as I will now call it? And why would the lawyer be off camera? How do you even know it was a lawyer? 20 years as CEO and he does not know what he can and cannot talk about? Wow.
Zenrush, go to the complex and get a tour and take many pictures. Tell us what you see in and outside if there is any signs of life including seed or bud? Have a great time!
Strykerd None of the important stuff was mentioned, eh? I think you might be wasting your time here. I think 2019 is way unreasonable and much sooner if they are going to make all that money. The CEO said in a video three months he would have a little something grown and cultivated and ready to sell. Did anyone explain why that is not happening now? Or is it?
Alan Brochstein Most informative comments I have seen on this board. Not only that but honest and truthful but brutal. You are my hero! What do you expect from these people? PNTV is their religion...
OBhands You must be a Bernie Sanders supporter. You know, transfer the wealth of one hand to another.
Love to see WEED TV do a production on their facility to show all the shareholders what they have invested in for their faith.
655300 SHARES ON THE BID 3 MINS BEFORE THEIR CALL..79K ON THE BID.........Company is a graveyard of past cheerleaders, pumpers, so called deluded investors and everything pimped in between...
My prediction, the earnings were not released after the call but after hours tomorrow? If that is true than past experience tells me they are reporting bad news into the weekend. I could be wrong but probably right if earnings being reported tomorrow. I think you will see a sell off either fast and furious or a slow drag down but it is going down. The stock went up on the news and the hype of this Sat and tomorrow is the day profits are taken. I could be wrong but it cannot go up forever. The stock had an opportunity to beat the high but it just make lower highs and cannot seem to do it. And this stock will never get to 1...Never
First off you don't me or what I know. You only know what I tell you and it is mainly a honest factual view of this 20 year failure of a company that appears to have losses of upwards of 31 million dollars and never turned a profit year over year in all that time. That is a screaming fact about management and how not to run a business than building a company that makes it shareholders profits. If they have, please prove me wrong because I cannot find that year or filing. I know more about pot than probably the lot of you with maybe one or two exceptions. I also know through running a business for decades how the infrastructure will have to be formulated. I also been searching for those companies/people who are best geared to do that job and this company is not one of them. This company nor any of its employees ( 2? ) has neither the background in anything that is related to the food or drug industry. I have done more research on this company than many of you. Afterall, I like to know what I am trading vs those who believe this is an investment. If I was a shareholder I would like to see some pictures of their operation of their leased complex. Why is there no video since they are a media company too, right? I am not saying or implying that they are not doing what they have promised their shareholders but show the progress, right? I know business and penny stock behaviors and you have 20,000 plus messages to find out what happen to those shareholders going back years. I assume that they are not all from this group, right? Do you have proof they have 650 lbs? I am not saying they do not because they probably do, right? I don't know but I don't see a press release. Maybe they will give you the news on conference? Do you know what laws and regs govern retails sales? I am not yet sure but if you have such information than share. I doubt anyone can can just sell on the street, and if there is no dispensaries owned I would assume it would be sold as a wholesaler, right? I am not trying to make you defend this little company of nowhere other than to say it has been a recent boom to traders and PNTV alike. So, what is wrong wanting the company to do a video of their operations even if any of it is under construction? They are media company, right? The make videos, right? I think that would be so cool. Are there any videos inside the complex of them making progress? If so, please share them. You want more investors that is the best way to get people to come to the faith. I am just saying, giving just an opinion.
Imfranko thank you for the info. I always appreciate an honest effort to share info. Speaking of which there are 26,000 plus messages of great information from previous shareholders. You can actually go back and see how this CEO took care of those shareholders going back years. Are any of them still here? I doubt it. I bet they took their losses long ago of PNTV. Also, I think I read where the conference call it limited to a certain amount people? And you can replay it on Friday after close of market heading into the weekend? I am not sure if I like that at all. Then there is the person going to Vegas and they plan on checking out their products being sold in retail operation? I would go and check out that warehouse. I am sure they would have no issue of giving any of their shareholders a tour of a place far from the size of two football fields. Really? I bet they would want you to report to the shareholders their wonderful complex so many more people can become believers in the faith. Then there is the mention of 650 lbs. Where they are going to sell it? You quote prices that are retail? I don't smoke the stuff like some of you might but there has to be regulations of set up to dispense the 650lbs. I guess he could sale it wholesale, right? That would even be less money than projected but I see no press release of that amount on hand. I am sure they will give an amount today of what they purchased and grown. Your CEO said 3 months ago there should be some production ready to sell although small. Looks like people taking profit and that is good. Then you might have some people selling right before earnings release and that is usually negative but so far the tick is up than down at the moment of writing this. And did someone say a million dollars a day in sells? As anyone like the person who made such a statement ever tried their product? Where I live it is still illegal but many of you sound as if you are in places that are legal. This is going to have to pull back and it will. My comments are that of my opinion.
One thing the MM'S also do is make sure the bottom does not fall out too fast while allowing those who are selling into the rally out with money they need to fund a company or that of its pipe stem lenders getting theirs back and more. The stock is going to fall and it is going to fall when it is finished trading on the news. Sure the mm could be shaking people out of the trees but also could be holding up too. I am sure they have plenty of this company and its shares with such Titanic float. I know this, it has made a lower high and that is a signal for a drop of something that cannot go up forever. It is trading on per hype in my opinion. This company will have nothing from what I can tell to sell on Sat. I would get out by Fri because you will be able to buy it cheaper next week. Play it as well as they are playing you is what I have always said. Otherwise, the makers and company will end up with your money while you are left with worthless shares. Then again, who knows, maybe the mm's have ran out of all the shares that PNTV gave to sell in the marketplace? Who really knows, right? I would not be holding this after Fri. And if I am wrong? It won't be the last time. I would take some profit today and the rest before or on Fri morning before lunch. Imo you don't want to sit over the weekend with shares. If it has fallen back under 12 you are rest assured to see 10 again and lower. This is my opinion and you may have a different one altogether. ..Fundamentals at this time does not matter to this sector but market share does and will. This company has no one with the background to make it happen. I am going on profiles of the players, and their previous track record. There previous track record being it is easier to create more shares than to grow pot....This is Las Vegas Baby, and it is always a gamble....This is not a long term viable proposition and it can spin off your pot in another company which I think he is sitting up one day to do. It allows the company to get away from the negativity and bad financials of PNTV. Anyway, it will need something to make new shares and a brand new company will do that. Otherwise it will have to do a reverse split, but that will never happen because it will never be that viable. The only thing of worth that I can see is the license and that is what is it trading on til Sat. or Fri. per news. I agree for the moment the share price is being held up by manipulation and not because everyone is looking to get in right now. Think about that for a moment because no one is buying at the moment. Good luck and keep your toes in the sand or market. Long term outlook this company will not be one of the market leaders in the industry. Short term, trade it while you can. Not being negative but honest to those who can look at this company without rosy glasses...If it falls back more than usual I may get in but maybe not, but only for a trade. Anyone who invest in this long term would be better off burning their money or buying pot instead. my opinion..I think the volume is drying up not because the mm wants more shares but because he as sold all his shares that was given to sell for PNTV. How else are they going to pay for their lease and salaries? I think your run maybe ending here? We shall see but a drop is coming after the run as it should and must. I am sure PNTV and its creditors made a bundle this time..Whose shares do you think ran this up anyway? Yours? Hardly..Lol
Zen
Green reality is correct, it is rather a hold at the moment. L2 is showing someone (my assumption) is being allowed to purchase in parts at .121.
People are also taking a bit of profit. Since the share price did not break the last high, came close, it made a lower high on the chart which is a down indicator. I would expect a bit of sell of on Fri. I am expecting more than a bit but we will see. Anyway whoever is at 300 % should take some of the table otherwise you may lose a bit of that in short time. The shares traded are little and someone it appears is allowing a nice timely buy in for about 60,000 shares. Large drop for little volume but that is the way it is played when taking people's money..I am hoping it starts going back to the basement with some consolidation before the real hype begins. I have no skin in this one and maybe never will. Fri is the day to look forward to when trades take their profits but some are beginning. Volume is drying up and so does the interest. You know what that means, right? Lol This post is my opinion.
SayZero
A scenario that happens many times. This company has over 1.2 billion shares total from what I have obtained from the filings...
"On May 26, 2017, Green Leaf Farms Holdings, LLC, a majority-owned subsidiary of Player’s Network, Inc., was licensed by the State of Nevada, Department of Health and Human Services, Division of Public and Behavioral Health, as both a Medical Marijuana Production Establishment and a Medical Marijuana Cultivation Establishment."
(2)Majority-owned subsidiary formed on July 8, 2014, in which PNTV retained 83% ownership, with the remaining 17% held by key experts and advisors. An additional 1.6% was sold to an investor on December 8, 2014 and 3% was transferred back from a founding member on December 2, 2015, giving PNTV 84.4% ownership and minority interests ownership of 15.6%. The form of the entity was changed from a Corporation to a Limited Liability Company on May 9, 2017 at which time the name was changed from Green Leaf Farms Holdings, Inc. to GLFH, LLC.
I would bet this penny company like many others will have a new shell corp ready to list GLFH with another symbol with PNTV just being the holding company. When the spin off happens, if it happens you might get a few extra shares. Although at that point your invest will per pot will be largely divested away from you at some extent but not completely as you are left holding PNTV. At that point all the attraction will be with GLFH who they changed the name and already incorporated just this year. I am not saying this will happen but it sure makes it easier to clean up the dismal finances and start fresh with a newly listed company with plenty of new shares to sell. This is my opinion and what I have seen many times take place with these kinda of stocks..
3 months ago in a video when Mark was then a one man corp, in it is the filing at the time if you look them up. Apparently he has hired one or two people since then...He stated 3 months ago in a video he should have some product by now? Where is it? Also, come Saturday when all the pot is sold out that will be it until the alcohol distributors can get licensed. You read about that, right? Right? It is all there under Nevada's emergency ruling/order right?
Also, the GLFH is owned by other people, do you know who they are? I doubt it.
"On February 2, 2017, we issued 1,000,000 shares of common stock valued at $11,400 to the landlord of our leased facility as payment on a subscription payable from an October 14, 2016 award."
That is how you pay rent? Really? Wow....This company has been listed since 1998 and no where can you find a profit year over year other than 31 million loses it has reported.
He does not only sells shares but bater shares too.
On February 2, 2017, we issued 1,000,000 shares of common stock valued at $11,400 to the landlord of our leased facility as payment on a subscription payable from an October 14, 2016 award.
On January 22, 2017, the Company issued 2,000,000 shares of common stock to its CEO for board services performed. The total fair value of the common stock was $34,600 based on the closing price of the Company’s common stock on the date of grant.
On January 22, 2017, the Company issued 2,000,000 shares of common stock one of its three Directors for board services performed. The total fair value of the common stock was $34,600 based on the closing price of the Company’s common stock on the date of grant.
On January 22, 2017, the Company issued 3,000,000 shares of common stock one of its three Directors for board services performed. The total fair value of the common stock was $51,900 based on the closing price of the Company’s common stock on the date of grant.
On January 22, 2017, the Company issued 200,000 shares of common stock for professional services to a consultant for services provided. The total fair value of the common stock was $3,460 based on the closing price of the Company’s common stock on the date of grant.
On January 22, 2017, the Company issued 500,000 shares of common stock for professional services to a consultant for services provided on behalf of our subsidiary, GLFH. The total fair value of the common stock was $8,650 based on the closing price of the Company’s common stock on the date of grant.
On January 22, 2017, the Company issued 150,000 shares of common stock for administrative services to a consultant on behalf of our subsidiary, GLFH. The total fair value of the common stock was $2,595 based on the closing price of the Company’s common stock on the date of grant.
On January 22, 2017, the Company issued 150,000 shares of common stock for administrative services to a consultant for services provided. The total fair value of the common stock was $2,595 based on the closing price of the Company’s common stock on the date of grant.
"To conserve on the Company’s capital requirements, the Company has issued shares in lieu of cash payments to outside consultants, and the Company expects to continue this practice. In the three months ended March 31, 2017, the Company granted a total of $138,400 stock-based compensation, consisting of 2,000,000 shares of common stock valued at $34,600 as a bonus to our CEO, as well as an aggregate 5,000,000 shares of common stock valued at $86,500 to our Directors and an aggregate 1,000,000 shares valued at $17,300 to other service providers, compared to a total of 6,250,000 shares of preferred stock valued at $192,000 in lieu of cash payments to our CEO, compared to the issuance of 13,949,339 shares of common stock valued at an aggregate of $205,283 in lieu of cash payments to employees and outside consultants during the three months ended March 31, 2016. The Company is not now in a position to determine an approximate number of shares that the Company may issue for the preceding purpose in the remainder of 2017."
Because the company has no cash other than 11k as reported by the company at time of last quarter filings.
Someone says that selling shares is not dilution? Since when?
In truth this is a trading stock and the present form of the company now has too many shares out. Another possibility is the company if they do not spin off their 84% of GLFH and they start to look viable you will get a reverse split...To think you can buy a shell company on Nasdaq for 1 million or so dollars are dreaming.....1.2 billion shares out there lol...
Good luck with that.....Company has no market share of anything. The license are not as special when others are being licensed or temporary licensed. Right now you have a run up but it will fall back to a point but do not expect a 1.2 billion market cap on a company that so far has produced is shares and hot air....
And all those warrants out too......
I would bet that many people given shares including this company are selling them in this run. Otherwise, how else are they going to fund their operations? Selling pot? What pot? Haven't they had a year since zoning approved their leased building to produce? Where is the pot?
This is not an investment. You are investing in a penny stock. You are investing in a person who has losses since 1998 straight year over year. You have 1.2 billion float and a cap that is laughable with 132k in sales and 31 million loses. Yeah, you would think anyone can sell a bag of dope and make money but we will see...Trading stock that is all this worth. I would take profits by Fri and watch it settle back. I hope it does not drop to fast but it will have to drop back. By the way, look up car companies on wiki a hundred years ago..You will find hundreds listed that never made it and it is the same thing here as was the internet. You need to look at market share and this company has no share of any market at this point. I am not saying that they will never be a real company making profits but you will never get rich here...You may be left holding PNTV while that GLFH may be their new vehicle to paradise. Why the name change? Why the incorporation? All about PNTV on this message.....They company and its founder shows no background either in cultivation of pot or agriculture in general. He does appear to know how to sell a story and tons of shares with it going back 20 years since 1998.....Have a nice day and thanks to all who has given me a different tone. If you are familiar with the name below I am the one who came up with it back in 97 on the yahoo boards went up...You may know me? Heard of me? Or maybe not..You will now...
SayZero
Investors invest in viable companies. This is a penny stock company with over 10 plus years that have never made a penny in profit.
Thank you for the reply..
" hope this helps: "
"...The company which has largely been a one man corp has had 30 million in losses which tells me they or he is great at selling shares..."
Response: PNTV, that I know of, is not a one man corp. By law, in order to be a corp, you have to have board consisting of officers. One man cannot wear two, three hats.
I do believe in the filings he listed himself as a one man corp. Yes, you can be a one man corp without officers or directors. I have been one myself for close to 30 years.
"...By the way would be stupid not to be selling shares now which means more dilution..."
"Response: Selling shares does not mean dilution. Selling shares proves to financial organizations i.e., OTCQB, and possibly one day to a higher trading platform, your company is not a pump and dump company. You have a product and the company is growing and stable company. "
I am sorry but putting more of the treasury shares selling them through pipe stem financing or selling straight into into the market is dilution. This company has over 1/2 billion shares out there...That is dilution and selling of shares.
"...The only worth that this company has is a licensed that another company paid 2 million for..."
Response: PNTV just acquired, from the State of Nevada, 4 GLF licenses on or about May 29 2017. These licenses were not bought by someone else and given to PNTV. I am not sure what license you are talking about? GLF is a multi-million dollar facility and the parent company PNTV is a modern studio. Not sure what you are talking about?
You might want to do some dd yourself. My comment about the sale of a license at 2 million had nothing to do with PNTV other than indirectly giving it some value in the sector.
Used the link below in search and you will find the article.
cannabis-licenses-in-nevada-sold-for-nearly-2-million/
"...I see no activity outside their warehouse but does not mean there hasn't been any..."
Response: Which warehouse are you talking about? Have you been to the PNTV facility? Have you been to their MJ cultivation facility? If you have been on the outside of GLF, you missed the activity on the inside because cultivation takes place inside of the facility. I am not sure what you mean here. What you should do is request an invite to the PNTV to review their facility. If you travel to their facilities, please take some pictures and post those pictures on this board so all of us can see them.
Have you?
"...They are leaving one market to jump in the pot craze like a many others who are not even listed..."
"Response: Actually, they are adding to their function. PNTV is listed as a media company and they have now added MJ. They are using their media experience to promote their MJ investment. IM"
Truth is they are changing their business model to get on the pot craze.
Anyway, thanks for what little info I got from you. I would trade the stock when it starts making new bottoms. If you make good profit take some off the table. Don't get slaughtered and good luck..
Won't see 1 dollor on this stock ever....