InvestorsHub Logo

BubbaInSC

08/23/16 6:55 PM

#76398 RE: lesgetrich #76396

And None of That Info Really Applies To MCIG; since MCIG has 0 service contracts with PNTV.

Just delayed construction and $0 construction revenues booked for Q1FY17

BubbaInSC

08/23/16 9:05 PM

#76406 RE: lesgetrich #76396

RLMAO - "May Include..." Is A FORWARD LOOKING Statement.

Do those 10 dispensaries actually exist? I don't think so. What are the addresses here in the United States?



Here's some more points of interest on the PNTV agreement. The funding source is a company that owns a chain of dispensaries...

Quote:2. Other Conditions

a. The Company will utilize its available resources to provide marketing services to RxMM that may include up to 10 Dispensaries, Cultivation, Products and Technology for a period of 3 years from the closing of this Definitive Agreement at a cost based on the pass through of actual cost to PNTV.

b. This includes setting up digital channels for the RxMM’s various holdings on the WeedTV.com platform, with all professional services rendered as a pass through at their actual cost. These services include, but are not limited; to production, marketing and distribution services of content as outlined in the LOI at a 50% discount.

c. All press releases will be mutually agreed prior to release, however no information in a release will be unreasonably withheld and will comply with Forward Looking Statement disclosures.