For more than a decade, PNTV management has massively over promised and massively under delivered. They have accumulated $45 million in deficits, never once earning a profit. Much of that deficit funded by toxic notes that dumped discounted shares on retail investors and lined the pockets of toxic lenders.
For them to complain about a "lack of investor attention" is beyond arrogant. It pushes well into sociopathic territory of "blame the victim". The fact that it has taken retail more than 10 years to figure this out should be considered a major coup (and no doubt is) by management. Normal investors don't give even real companies 10 years to build a business and multiple business models, all with zero to show for it.
Who wants to invest another 3-5 years hoping for a complete 180 by management for a small possibility of a 100-200% gain when it far more likely this will be diluted to sub-penny by the current huge toxic notes, plus the new toxic debt the company will need?
"There's a sucker born every minute, 2 to take him and 4 to lend him toxic debt" PT Barnum's investment advisor.
