No one knows what, if anything, these idiots will get. The press release today was incredibly lame compared to the bullish sounding email they sent out (I will be sending these to the SEC).
The company flat out lied. The sales don't match what they said regarding their purchase of inventory (which wasn't on their balance sheet last quarter). This idiot has lied and put it in black and white in SEC filings. The numbers don't add up.
In addition, the fact that PNTV went into default is simply not good - and PNTV should count their lucky stars that they have some kind of settlement w/ Comcast. There is also no date provided in terms of when they get paid by Comcast - and how the settlement is to be paid.
It's only a "smart" move - if PNTV can get phase III completed in a timely manner w/o any poor engineering design and flawed logistics.