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Registration statement is effective

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Alan Brochstein   Thursday, 05/10/18 07:22:39 AM
Re: None
Post # of 52820 
Registration statement is effective

Notice of Effectiveness:
https://backend.otcmarkets.com/otcapi/company/sec-filings/12742640/content/html

Amended S-1:
https://backend.otcmarkets.com/otcapi/company/sec-filings/12711852/content/html

Quote:
This prospectus relates to the resale of up to 93,522,930 shares of common stock of Players Network, a Nevada corporation, of which up to 75,400,000 shares may be resold by Kodiak Capital Group, LLC, or Kodiak, including 37,500,000 shares of common stock which are issuable pursuant to an equity financing facility established by the terms of the Purchase Agreement described in this prospectus. In addition, we are registering 400,000 shares of common stock issued to Kodiak in consideration of entering into the Purchase Agreement with us, 37,500,000 shares of common stock that Kodiak may acquire upon exercise of a warrant we issued to Kodiak under the Purchase Agreement, and 18,122,930 shares of common stock that may be acquired by other stockholders of ours upon exercise of warrants and conversion of notes. We may draw on the equity financing facility from time to time, as and when we determine appropriate in accordance with the terms and conditions of the Purchase Agreement, by delivering “put notices” to Kodiak.



52-week low last week, not surprised to see this stock down 80% from last summer. What were people thinking?



If you don't like my posts, don't read them. If you think only those who agree with you should post, then start your own message board. My conclusions are my opinion only, based on what I believe to be true. I have no crystal ball.
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