Players Network Inc. (fka PNTV)

[D_A_N_]

SORRY YOU NEED TO REST YOUR COUNTDOWN TO MARCH 23, 2019

Here is the Late Payment Penalty From the 8K filed with the SEC

D. Late Payment Penalty. If during the ten (10) month period beginning on the Closing Date, Buyer pays any Installment (or portion thereof) after the due date therefore (a “Late Payment”), then as Seller’s sole and exclusive remedy: (1) in addition to the applicable Installment (or portion thereof), Buyer shall be obligated to pay Seller a penalty (the “Initial Penalty”) in an amount equal to two and one-half of one percent (2.5%) of the portion of the Late Payment; and (2) until the Late Payment is paid in full, in addition to the Initial Penalty, at the close of each ten (10) Business Day period after the initial due date for the Late Payment, Buyer shall become obligated to pay Seller an additional penalty in an amount equal to two and one-half of one percent (2.5%) of the remaining unpaid portion of the Late Payment. Partial payments made to Seller shall be applied first to the Late Payment and then to the penalty, if any, remaining unpaid.

Here is the link

https://www.otcmarkets.com/filing/html?id=12781059&guid=RPlMUF378EToL3h