The settlement should reflect on the Q4 10Q submitted by PNTV. It will be considered cash or an asset. Their debts should be paid if the settlement was large enough.
If Mark was wise, I have my doubts, then they would discuss what they are doing with the settlement without disclosing the amount of the settlement. That way the shareholders know the money is being used productively. I just hope they use it properly to grow the weed business and not WeedTV or MJ Accelerator, which are a waste in my opinion.
I don't that's why I followed my statement about clearing the books with IMO. As DJ stated in a post several days ago, Mark loves money and there was little doubt he would have settled for less than a stellar deal...I am paraphrasing
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