This stock is severely undervalued. The market just has to be reassured that the revenue and profit projections are accurate. If we just take the California facility...
$1,000,000/mo revenue x 12 months = $12 million revs
PNTV indicated they expect to have a margin of 25%
$12,000,000 x 25% = $3,000,000 profit/earnings
$3,000,000 / 600,000,000 Outstanding Shares (OS) = $.005/share EPS
Aphria, a similar Canadian cultivation company has a Price/Earnings (PE) Ratio of 57x. If we assume a fair PE multiple for PNTV would be 40x...
$.005 x 40 = $.20/share pps
If we go with different multiples...
$.005 x 50 = $.25/share
$.005 x 60 = $.30/share
...This is without considering the Nevada operation and any other revenue sources.
PNTV is clearly undervalued.