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Didn't set that up well:
My request to David in IR and his reply.
David, Can you please tell me where we stand in regard to any dispensary purchase? Also, could please tell me how many currently in.
We are actively pursuing all options. Talking to current dispensary owners in Ca and NV. It is a priority for the company.
OK. Anybody know what Gregg P. is up to with his side venture?
I spoke with David in IR and he said that it has absolutely nothing with $PNTV.
Thoughts Please!!
OMG! You are so right Hawk. I completely forgot about other forms of revenue.
Sometimes we can get so focused on the micro, we forget about the rest.
I agree that the end of the year will be life changing for many of us here. That writing is already written on the wall due to the new acquisition sans any changes.
Dollar land may be more appropriate estimate than my $.60. From your mouth to...., my friend.
For anyone that has not bought yet, buy. Buy now! If the pps drops, quit your b!tchen, look at it as a gift and buy some more.
Haven't been keeping as close an eye lately but let's see if I have this straight.
So the Cali property will cost a rather steep $1M a month for the next 4. On the positive side, we will be free/clear thereafter with $800K a month revenue. Acceptable.
Current predictions for the Vegas property is $400K per month. By the time Phase 3 is up and running, let's estimate at.....say $1.3 and be conservative. Acceptable when it happens.
By November we should have anywhere from $1.2M a month to over 2M if Phase 3 is complete and producing product. Not sure when the expected finish date is on that. Let's hope for year end anyway.
By this time next year, all debt should be just about non-existent.
There are only about 1700 shareholders now. Maybe if we could get more interest in $PNTV, more shareholders, the MM's wouldn't beat the snot out of us daily.
Year end I am hoping for about .60 or better.
If I am uninformed here, please let me know. Thoughts?
Although technically we should have no problem going state to state etc. with our herb, my medical marijuana doctor said that the prudent thing for me to do is to wait for the dust to settle...for now.
Phenomenal news for MJ from growers to sales. Despite being licensed by the state there has always been the fear of the Federal Government shutting them down.
I think that it was last November that the WHO recommended that pot no longer should be considered a Schedule 1 drug. This new legislation shall now alleviate that concern.
I do not recall that the Federal banking system had done the same, although I may have missed that one. As bankers tend to be a tight puckered bunch and many/most will not venture into that gray area, despite being State approved. Often investors are of the same way of thinking as well.
It's no wonder that crypto-currencies are taking off. In many ways, the Fed is the one pushing them into existence.
Like I just said.
It was great news but I think investors will be looking for a good 10K with some great positive cash flow now.
Coarse! Those same investors will be paying more cause they were waiting for a more positive sign before buying.
I dunno. 1.1 mil doesn't sound like a lot for the property and all it's equipment.
I agree. Looks like we are at or close to the low.
It's been a long, constant, terrible decline. For crying out loud, could it possible go any lower?
I really think not and that we are finally on the road to recovery.
Sorry folks, I don't see it. Maybe you can help me here.
Little info to be found. To me it looks like a stock scam that has outlived it's usefulness and is going to zero. I mean really. Who the he$$ is going to build cars in Vegas???
Latest 10K shows <$500 in the bank; I would invest at least that much.
The float is 48M and 1B has been authorized. I think that they are just living large you your dime and sucking it dry for all they can get.
Good luck!
Just happened by this site in my browsing today.
From what I have read in the message board, I have some research to do here. Don't know the stock, but everyone seems to be rather positive about it.
Thank you to everyone here. New to the site.
Been reading for hours now. Great links.
Thanks Doc! Just joined.
Hmmm. Aged myself on that one.
This is why I believe that in time, the Black Market for pot will start to dissipate.
At least by buying your product in a dispensary, you know that it has been tested.
OMG! Who of us in the 70's would have thought that in 2018 our pot would be "USDA Grade A approved and inspected"? LIFE IS GOOD! LMAO
LMFAO. Good one!
Just saying that there is a big difference between PROJECTED revenue than ACTUAL. Who here has seen as much as a dime go to the coffers?
We may well be about to start having a monthly revenue in excess of say 1.5M very soon. But it has not quite happened yet.
Although I believe, we have had many promises as well as disappointments. I am just saying that there may well be many potential investors that have been watching and waiting to jump in for quite some time. You know! AFTER the revenue actually hits the books. More importantly, after the filing of the first 10k quarter that shows AND records same.
For all those that keep saying that all they do is tell lies, you file false 10K's and you are out of business. They will also have a room for you at the Gray Bar Hotel.
It is all a matter of conjecture folks. Who's right? Who's wrong? Who the heck knows! Who cares!
Show the actual cash flow and I'll show you Share Price Increases. I'TS ALL ABOUT REVENUE. REVENUE. REVENUE!!!!!! You can't get on the NASDQ with no revenue.
We all know that we are in hock up to our eyeballs here.
As far as comments on the Media end, I will again state again. For crying out loud give them a chance.
Who of you, that was here and invested for 6+ months dreamed last fall that we were going to have $1.5M+ in revenue soon? We've actually been watching the SP plummet since then.
Although I am also personally apprehensive about the media division, I feel that the talent we have has the potential to do great things. Will they? Who knows? Give them a chance. I'm betting they will.
So now we have the MJ end about to finally take off for us and produce revenue. Might be a short time SP doubler to a 10 banger by year end. Actually. Those are my current expectations. So now we all have made some nice money.
At half a buck, you still do not have the interest of most hedge funds. Additionally, not exactly screaming off the OTC onto the NASDQ. That's the big boys club where the hedge funds take notice and invest. That should be one of the directions mgmt. needs to keep an eye of interest on. As I'm sure they do.
Will the media end's " patents " be the next best invention since the home computer? I plan to wait that one out for a while and see. Maybe this division will actually start to make money soon as well. Say maybe another $1.5M also.
Now we have one strong corporation with 2 strong, producing divisions. 3-4 strong profit producing 10K's and you are starting to see serious SP increases with getting onto the NASDQ soon there after. Investors want to not only see revenue, they want to see gains each quarter as well.
Again. My investment period for $PNTV is and has always been in the 3-5 year period. The management team has always had my confidence, and I continue to believe that they will do good things. I have no interest in sniping back and forth regarding what is actually pure speculation on both our parts till things actually happen one way or another anyway. Just here to say that I feel that all of us that are still here in the timeframe that I am talking about, I believe we will be very well rewarded by that time.
This is MO and I hope it works out for me. Whereas everyone else has their own opinion and I hope theirs works out for them. There is a boatload of people on this site, HE$$, someone has to be right sooner than later. But till events actually take place, it's all pure speculation on all our parts, all of the time, and should we become unsatisfied, we can always sell and move on. Happy Investing!
Go PNTV. Go WEEED TV.
With a monthly 7+ figure about to come to fruition from the MJ unit, let's talk about the MEDIA end. We all know that the MJ unit will be feeding the costly development of the media machine.
Anyone realize that while we have had a lot of success lately in the MJ division, no one has really been mentioning the other mega machine that we are developing as well.
5-6 months ago there was a statement put out saying that there will be big things happening in the media end in the 1st couple of months, but we are waiting for patent approval before we can release the material.
Knowing their penchant for underestimating the wait timeframes, I said figure June or July for something to happen at best.
The only thing I can recall seeing lately is:
""WeedTV will launch on its proprietary mobile apps within the next few weeks and will soon thereafter follow with its extensive web platform that offer a major marketing tool for the cannabis industry."
I believe that release was around 4/06/18. MmmmK. We got your few weeks. Lay it on be baby!!!
Happy with current events and changing my focus now, so let's think here.
Timing wise, we should be hearing something regarding those patent's pending soon. My thoughts are is; "are they standing on their tong right now waiting to unveil the new platform"?
If and when the release of the new platform is successful, back up the truck.
With significant revenue from these 2 major divisions we will then be the wall street darlings and.....
BANG! ZOOM! TO THE MOON ALICE!!!! THE MOON I TELL YA!!!!
I predict that, sometime in the future, the media end will by far be bringing in more revenue.
Again. What we need to move the SP needle is several quarterly filings showing revenue. That will get us noticed and make us all rich.
I AM A LONG TERM INVESTOR. I am currently still down a bit like many but I believe. I have always also had the fullest confidence in the team despite the occasional stumble. My outlook has always been positive and in the 3-5 year range so the day to day nonsense is just that. Look for the long term folks and you will do very well for yourself. I personally don't actually see the SP hitting and sustaining one dollar for about close to 1 year or so. But it WILL become so.
Anybody else been thinking about the MEDIA MACHINE? Your thoughts would be greatly appreciated. I personally feel that it's long term potential is off the charts.
Thank you for your time.
The first 5 months of the year have SP down. It has also come with some of the best catalysts one could ask for within your stock.
Within the last week or so there have been REALLY significant announcements, and the SP goes down.
All this phenomenal news and un gats. Is it all about to fall together rather nicely? You bet! So why the Long face...err low SP.
Revenue. Continual and sustained. As this will not happen till the end of the year, I feel that the SP shall largely do poorly till later this year.
Many things have been said, but have not come to fruition. The market can follow and see all this. But most don't go that far into it.
The average investor does not delve into the penny stocks as there are in excess of 10K of them. Many of those that do delve don't go past the last few quarters to see if it peaks their interest. I would think that seeing no revenue, they would move on without giving it any further thought. Fortunately, we know better.
IMHO. I believe that it will be around the end of the year before we start to see reasonable raise in SP. That should be the first quarter to show the revenue on paper. As in a FILED statement to the Government showing said profit. We are an OTC, people want to see the filing.
I believe that it will be at that point that we will finally get noticed. 3-4 quarters of solid profits and the investors will come a calling as well. I believe that it will not be till then that the significant gains will start to come.
Thanks for the helpful links.
Re: Brett. How wonderful for him. He comes on board for <1year, has millions of shares thrown at him, then leaves to do it all over again, thus guaranteeing him MULTI-MILLIONAIRE STATUS in <3-5 yrs. And that is just from PNTV stock alone.
As the new Chairman I am sure that process will be completed again....HOW WONDERFUL FOR HIM....course, we're screwed.
Always there for me. Thank you for the information
I would appreciate if someone could explain the "stop sign".
Not familiar with that.
Many thanks!
But who am I to talk. The SP went up 40% while I wrote the last post.
So we are looking at a cellular company turned MJ grower. Whoopee!!!!
Playing catch-up will be years as a start-up, unless they do an acquisition.
300K shares @ $1.00 isn't much. Maybe worth watching though.
This may retest the .03's before going back up. I think some of you may be correct.
I had this feeling in the mid .06+ range and sold some shares figuring that I would repurchase at a lower price. When I mentioned this, I was chided by someone stating that they bought my panic sold shares at .049.
No panic here. I have yet to repurchase. I too believe that we will revisit .03 range. To the yahoo with the "good sense" to have purchased some of those shares, GOOD FOR YOU!
As far as the team being complete idiots....I firmly disagree as REVENUE IS WHAT IS NEEDED FOR A SP BUMP. PERIOD! This will not happen till at best, near year end. Well, not significant revenue till then. I see no problem with this as my personal outlook is in the 3-5 year range. At which point, those of ya'll that are in the same "boat" may wish to upgrade to a yacht.
Before all the "you fool, you're gonna miss out", comments come out, those shares sold are my "play shares", the lions share will never even be touched for 3-5 like I said.
BTW. I believe the Cali purchase will be phenomenal for PNTV. Established pot business with license and practically instant revenue is just the shot in the revenue arm that we need. But!!!
We already know that $600K is needed for lighting. In looking at the pix of the place, I personally think that the place looks dark, dingy and low rent with many, many upgrades needed. Maybe not immediately, but never the less necessary in time.
I think that a lot of the Cali acquisition is the foot in the state's door the easy way.
What ever your position is, may it be profitable for you.
Folks! Just saying that there will always be plenty of changes made subsequent to COE of an existing business.
They have mentioned just 1 here. Not looking to start a speculative argument here.
Again. Without significant revenue increase, the SP has no reason to do other than...largely languish.
As has been stated, "Currently investors just aren't "BUYING" pntv's potential". I agree!!
Our regularly keeping abreast of the day to day.....STUFF, just makes everyone of us rather astute investors I would say.
For all of us that are current shareholders, raise your glass. For those of us that are long term holders, BREAK OUT THE GOOD SCOTCH and salute to the money making fools that we are all going to be by year end.
HERE HERE!!!
Valid points had by all. Let's look.
The Cali property looks like a great deal. Looking @ the pix though, I can see where there will be substantial investment subsequent to COE. They are already stating lighting. I would also think that they would like to get them plants off the floor as well...to start with.
When one company takes over another it is obvious that they have their own changes in mind. My guess is that lighting will be just the start. Heat? A/C? Watering?
Forward thinking. $900K a month revenue coming in will help considerably.
All in all. Phenomenal prospects for the company. Keep in mind. This year we have had some incredible announcements and the SP is what? half of the start of the year?
The team is making all the right moves. The problem REVENUE.
We need to close and have 2 quarters of revenue before the really big increase in SP starts and continues from there. Until then, BUY WHAT YOU CAN.
As I stated the other day, after release of 3Q results, showing substantial increases in revenue, should the latest come to fruition, the SP will start to escalate considerably from there. Remember. It's not over till it's over. I for one would like to see some dry ink.
By then, I expect it to already be a 10 banger from today's SP. Those stating dollar land by year end, I say " FROM YOUR MOUTH TO HIS EARS".
All MPO. Your thoughts please????
JMO. But may the pops continue. Yeah long termers
At this time I believe that we have hit out speculation pop for the day.
I also believe that SP will close back under .05 for the day.
Best of luck to everyone. See ya'll tomorrow.
Could you please state your sources....
"Huge MMJ investor MONIES coming into $PNTV - so I have been told!"
Many thanks!
You're correct Mason. It will be a while to close. Then it will take more time of revenue coming in before SP rises due to that. Any movement in the SP right now is due to speculation on what the acquisition will bring to the table.
ONLY REVENUE WILL SEE THE SP RISE AT THIS POINT.
6 months ago I kept saying that pot was ancillary to their media end of the business. As on the previous website media appeared to be being pushed ahead of the pot at the time.
Anyone notice the Mission Statement on the "new" website?
"Player’s Network, Inc. (PNTV) is a leading diversified & integrated cannabis holding company. PNTV focuses on 2 main business segments: seed-to-sale operations & cannabis lifestyle.
All seed-to-sale operations are held by PNTV’s subsidiary, Green Leaf Farms, & our cannabis entertainment and lifestyle ventures are held by MJ Media Corp."
Wording has changed a bit. Media end is more of an after thought now being the last thing mentioned.
Late December or early January they said something like..."there will be BIG announcements regarding the media end with new ground breaking technology but are awaiting patent approvals before release" they said. I said figure around June or July due to their continual lack of ability to meet goals. Still, I think these guys are doing a pretty good job so far for us. For all we know, we are just a hiccup away from some huge announcement.
I believe that they finally realized that they need the cash cow to produce mega $$$ to feed the media machine. Pot can be turned over regularly like clock work. I firmly believe that until our pot growing facilities are utilized to full capacity, we need to make THAT our main focus.
WE ARE IN DESPARATE NEED OF REVENUE. WE BASICALLY, CURRENTLY HAVE SQUAT. GROW AND SELL POT TO FULL CAPACITY. A RENEWABLE RESOURCE THAT GENERATES REVENUE. REVENUE = RISE IN SP.
As for the media machine. If they believe that they have something that they believe to be ground breaking, go for it. They sure enough have the talent to make it a go. Who out there wants to own the equivalent of MTV 5 years from now at current prices. I say take a shot!...after we max out our pot growing facilities.
I saw that there were some larger sales near opening. I think that having a 10 banger by the end of the year makes this one worth hanging on to.
Don't worry about the day to day fluctuations and nonsense.
OPINIONS????
I agree 100% with that statement. And again, I do not think that that will be till close to the end of the year when we are able to read the 3Q reports.
Mgmt. can always SAY whatever they want. Thinking "forward looking statements". But when they put it on paper and submit their results to the SEC, that's real and permanent.
Hence a 10+ banger from today's SP.
I respect your decision...but.
Should all the latest come to fruition, I believe that due to the newly found monthly revenue...
Soon after the 3Q results come out the SP will be a 10+ banger from current price.
Realistically. I also believe that the SP may still wiggle down a bit to say .04 before starting the ascent.
With the acquisition of the Ca. property and using their figures, and by then the Vegas property shall be in full crop rotation swing with appropriate revenue, the real money will not start to be made till towards the end of the year. IMHO.
Someone just dumped 150K shares
LET'S HEAR IT FOR PRODUCT USAGE.....AND THE CROWD WENT WILD!!!!!
Minor Brain Fart. Thank you!