If you believe that PNTV is just a pump and dump, PNTV could also hire someone to pump the stock to $.62 and force Kodiak to buy the shares at $.50 before letting the price fall back down. Nothing in the contract forces PNTV to make their first purchase as soon as the pps hits the minimum and set the exercise price at $.18
In fact, we could see a pps spike in September anyway as people get back from vacation. What if Sessions resigns or Congress decides to vote to decriminalize MJ or PNTV announces a JV to buy grow ops in California. Anything could quickly drive up the pps and stick Kodiak with shares that they can't cash out for some time.
There are no guarantees that Kodiak will make a big profit.
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