Players Network Inc. (fka PNTV)

[lesgetrich]

Short I hear what your saying BUT I have just been unable to overlook or forgive the 600,000 share sell off at sub .05 by the CFO Mr Lawrence pre 10K filing. I've tried but just cant seem to get around it and on the same week that shell activity is announced. That move cost them in such a way that it caused this shareholder to drop 25% back on the market due to the message it sent to me of the lack of short term confidence of share price and the appearance of overconfidence that more shares would just be given back to him in the future resulting in dilution.

People should really do their DD before basing trading decisions on an impression. Selling 600,000 shares at $.0494 netted Geoffrey Lawrence less than $30,000 and also proves he had nothing to do with the decline (the pps was already down when he made the sale). This should be the first tip that this "insider sale" had nothing to do with confidence in the company. If you look at the 10-K, he received $46,524 in cash salary last year. People need to pay bills, especially when tax time comes around. He certainly wasn't enriching himself with a $30,000 sale and he still has another 1.5 million shares plus options to purchase 2 million more at $.17/share before August 2020. I'd say he's reasonably overconfident that he will eventually get more shares because he expects the share price to reach $.17 before 2020. That dilution is already built into the OS. SMHL