Tuesday, November 27, 2018 11:30:31 AM
Salinas is a no go?
It's my understanding that Salinas is in jeopardy
If GL Salinas is "complete", then financials should show revenue?
yet, PNTV already said that no revenues were booked for at least May (as was PR'd).
The MJ licenses are still in LCG's name. They were "renewed" 11/15/18. If Players Michigan, LLC paid all 5 installments starting May 2018 - then the acquisition would have been completed by September 2018. Give them a 1 month delay - and GL Salinas would have been completed in October, 2018.
And, no official PR stating that the deal was completed or that they've been able to book revenues from Salinas operations.
PNTV may only be getting a management fee from LCG Business Enterprise instead.
That's in the 8k from May 2018
It's my understanding that Salinas is in jeopardy
If GL Salinas is "complete", then financials should show revenue?
yet, PNTV already said that no revenues were booked for at least May (as was PR'd).
The MJ licenses are still in LCG's name. They were "renewed" 11/15/18. If Players Michigan, LLC paid all 5 installments starting May 2018 - then the acquisition would have been completed by September 2018. Give them a 1 month delay - and GL Salinas would have been completed in October, 2018.
And, no official PR stating that the deal was completed or that they've been able to book revenues from Salinas operations.
PNTV may only be getting a management fee from LCG Business Enterprise instead.
That's in the 8k from May 2018
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