News Focus
News Focus
Followers 56
Posts 14300
Boards Moderated 0
Alias Born 01/19/2009

Re: telljeff post# 10159

Monday, 12/20/2010 11:50:33 AM

Monday, December 20, 2010 11:50:33 AM

Post# of 52916

Have you talked to the CEO




Why would I have to talk to the CEO about PNTV's inability to attract financing, and their plans to dilute their stock, when the CEO already wrote that here?

http://biz.yahoo.com/e/100813/pntv.ob10-q.html
"Due, in part, to our lack of historical earnings, our prior success in attracting additional funding has been limited to transactions in which our equity is used as currency. In light of the availability of this type of financing, and the lack of alternative proposals, our board of directors has determined that the continued use of our equity for these purposes may be necessary if we are to sustain operations. Equity financings of the type we have been required to pursue are dilutive to our stockholders and may adversely impact the market price for our shares. "

A casual stroll through the lunatic asylum shows that faith does not prove anything. Friedrich Nietzsche

Where Real Traders Talk Markets

Join thousands of traders sharing insights, catalysts, and charts.

Join Today