the occupancy permit is huge. The permits to complete phase III is huge.
IMO, pps isn't skyrocketing because PNTV was saying "in 2 weeks" for what, 4 months?
So the news is pretty anti-climatic at this point.
GL still has to become fully operational and generate actual revenues from the smaller Phase II. The proof will be in the pudding.
I find it amazing that this recent information hasn't blown this SP up immediately. I know that the thinking is that it takes 3 days to disseminate and be digested by the market. That said, WOW, I am just dumbfounded that such small gains are being made here on such awesome news. Management has to be asking themselves what the hell they need to do to move this SP. Last weeks news claiming to have the biggest future grow community in the country followed by phase 2 occupancy and phase 3 permit approval. WTF? This is crazy. I guess we now will languish in the.10 or below until first harvest? We were .12+ until Sessions opened his big mouth...I would at the very least expect this type of great news to get us back to that level.
That all being said, the longer we stay affordable the more we can and should accumulate to further secure our futures. Now that phase 2 has been achieved and approved, I am back to a strong buy on PNTV. Especially at this sub .10 ridiculous insult of a SP.
Bought a bunch more yesterday morning, right now I think they need to build the trust factor up a bit with the public and what a start with this last press release.
Pps slowly going up, it’s gonna jump too I believe and prob will happen when not expecting it, there are going to be much larger revenues being made soon.