InvestorsHub Logo
Followers 15
Posts 4049
Boards Moderated 0
Alias Born 01/06/2018

Re: FasterEddy post# 52829

Tuesday, 10/06/2020 10:19:33 AM

Tuesday, October 06, 2020 10:19:33 AM

Post# of 52915
How ya lookin now, o'le wise one? He He He

Not Bailing now ?

Well guess what, it's no longer your choice

Final Shareholder update 10-6-20

Dear Shareholders,

Hopefully you received and reviewed the Shareholder update I sent last week regarding the SEC halting trading in our stock due to being behind in our filings. In order to determine the best approach to not only remove the halt, but also to position the company to trade back on the QBso every broker and dealer can participate in making a market, I spoke directly with the SEC.

As a result of that conversation it became clear that the best path forward was to voluntarily pull our registration on a form 12J. That will put us in a position, as soon as our filings are brought up to date, to again trade without a 'Stop Sign' or on the Grey Market where few brokers can trade the stock and where the trading is primarily just online day-trading flippers.

While that does not change the near term stop in trading, I believe there is no doubt it is the right action for the vast bulk of our investors who believe in and are committed to stand by the company and its strategy over the longer term. After my discussion with the SEC and consulting with corporate counsel and advisers, I am convinced that as soon as we become current in our filings this action will allow the company to emerge in a strong position that will enable the stock to trade on the real fundamentals of the company and the value of its assets and market strategy.

To resolve these issues as quickly as possible, we have retained Event Advisory Group, who is an accounting firms who acts as a contract CFO firm and can fast track bringing our filings current. As soon as I have more definitive information I will follow-up with shareholders and will continue to update our shareholders on this as well as the progress on other aspects of the company on a regular basis.

Like always if anyone has any questions please feel free to contact me directly.

Best Regards,
Mark Bradley

CEO PNTV
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.