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Re: D_A_N_ post# 52462

Friday, 08/09/2019 2:36:25 PM

Friday, August 09, 2019 2:36:25 PM

Post# of 52915
Considering payback goes at a 80/20 split in favor of GLFI investors your already down to 20% and the fact that Cannava gets a substantial cut in profits I would say for the next 5 years about 10%. I actually don’t think Mark will ever get investors fully paid if at all so may be only 10% for more than 5 years.

Reason being is all revenue will not go right back to investors it’s any revenue over the cost of running the business and of course after paying Mark’s and Brett’s salaries. Mark has yet to be successful at this key part of business and that’s being profitable. Without profits no one gets paid back so really he could keep dumping more and more money into the grow and with showing no profit it could go on for years and years. Mark wastes huge amounts of investor and shareholders money on trips and hobbies of his like media.

In the big picture PNTV is out of money and cant afford to get Jujuy going so they are hoping they can find investors to make this work. However if anyone with money looks into Mark’s past failed deals and his lawsuits that follow him I doubt he will be getting much interest. Hey it’s 9 months now since they announced this and the only thing growing in Jujuy are Mark’s stories.

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