Players Network Inc. (fka PNTV)

[Toxic Avenger]

The price has to be $.62 in the 3 days FOLLOWING the sale of the shares.

So Kodiak would be thrilled if PNTV put money into hiring someone, who then put money into running the stock price to 62 cents (forgetting about the millions that would cost).
If PNTV put 10 million shares to Kodiak at $.50 and Kodiak dumped all 10 million and still kept the price at $.62, they'd have a $1.2 million profit. If their dump drives down the price, they get them even cheaper. Either way, their profit is pretty much guaranteed at 20% of the WVAP.

And if that WVAP falls below $.18 - no shares can be put.

Kodiak has no risk and PNTV's need for cash means that if they can get the price over 18 cent (unlikely in MHO), they will put shares to Kodiak as soon as possible. And Kodiak will make a guaranteed profit. The only unknown is how big that profit will be.