Fellow shareholders...I'm going to continue to invest in PNTV. This is not some OTC bulletin board company with a dream. They have brick and mortar assets. They created something out of nothing. Sure they are losing money now, but what did you expect? If you have ever started a new business, you will know that NOTHING goes as planned...just as in war, the plan is great up until the shooting starts.
What's happened in California is strictly a casualty of doing business. They never would have found out how toxic it is for a legal MJ company to conduct business had they not tried. To not just PNTV, but to growers all over the county, they are discovering how difficult it is to compete with black market MJ without also having an associated dispensary. That's the rule of the game, now. But who knew then?
With a new company entering a new market, all kind of surprises are going to pop up. This is to be expected...you've got to overcome and adapt. PNTV has stated they have a deal in Argentina--this looks promising. Will it pay off, I certainly hope so! But the fact is this is a new company in a new market and the possibility of it failing is 50-50. I knew this going in. And I suspect many of you do also.
This is a penny OTC stock. The share price is going to be all over the place until a definitive revenue stream is developed. You have to give it time... Does anyone have any idea how long it took amazon to become profitable? Off the top of my head, I think it was 14 years. Profitability is going to take some time, but revenue is the thing. This company has shown it can develop revenue, and I for one am going to give them a few more years to see where this goes. That's the time line, years.
Like ZOOM99z said, Mark and Brett have never sold any of their shares. They have a stake in the game--thats' a key indicator to me. If this company turns a profit, all of us shareholders will never have to work again. Keep your expectations realistic and informed. Nothing ventured, nothing gained.
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