Replies to post #42807 on Players Network Inc. (fka PNTV)

[Toxic Avenger]

You are 100% right. Who doesn't love these toxic pump and dumps though. Taking profits away from the toxic lenders and making money - it doesn't get any sweeter than that!

[OBhands]

The acquisition hasn't technically happened until they have paid for Cali in full

That's not true at all. Actually completely opposite of how business works in this country. If I buy an owner financed rental property, or any business for that matter, that has positive cash flow I legally own it and realize the income while still paying off the loan. And at anytime I can turn around and sell that business take the profit and pay off the loan. I've legally owned it the entire time. There is nothing technical about it.

Now if you want to question whether they will pay off the loan in the stated time frame you are free to speculate that. I'm of the opinion they pay it off.