Players Network Inc. (fka PNTV)

[Toxic Avenger]

There are a bunch of folks riding this out with free shares now, having recouped their investment on the run from a penny to 20 cents.

I don't think you'll see much upward movement from this point forward as they still need more funding and it's pretty clear the only options are toxic.

The last update mentioning Kodiak, a huge toxic lender, without specifying even an outline of terms, suggests the next Q isn't going to be pretty.

The company lost $850k last quarter. Derivative liabilities, which are a measure of the spread between what convertible debenture and warrant holders pay versus market value went from $500k on 1/1 to $2.5 million on 6/30.
The market cap, even at $.07/share is $40 million.

The hype run for this one is well over IMHO. Now it's going to be up to the results, and those are never likely to justify a $40 million market cap, let alone higher.