Players Network Inc. (fka PNTV)

[WhiteSahara]

He bought on the open market, the shares are not and cannot be restricted, they are fully trade-able. Not to worry, he sees this market niche for what it is, a huge growth opportunity.

The only way shares can be restricted for trading is if he was issued shares by the company and PNTV wanted to delay his ability to trade them. Why restrict? It delays share dilution for a period of time until they have perhaps launched their platform. Once the launch is in place and volume and price are up, the dilution is absorbed more readily.

The have recently reduce the initial restricted trade time from 1 year to six months.