I believe all astute investors appreciate & read les's blog but unfortunately before this information was absorbed by investors stock traded for a close of.058 SP. Friday's close was .042 so in 2 + months we managed to lose 27.5% of value & volume tanking w/ updated info. And more of the same Southerly SP direction today even as we daily get closer to the "boys" inflated project revenues thru the filings.
$PNTV DandiDon, thanks for the SeekingAlpha link. Just read through, went back & re-read through the last 10Q again. Unfortunately reaffirming what I posted previously, why are the margins so small? If $PNTV is really going to turn that much revenue (+$14M) for the year with such a small profit margin, something isn't sitting well. The article referred to year net profit coming in at +$2.9M. Multipliers should not be considered until a company can produce profit in 3 or more straight quarters muchless the ridiculous 40x - 80x EPS figure posted in that article. With a O/S structure hovering around 608,000,000 outstanding it's looking even lower than what I thought @.008/.009. How can their margins be that low? 20% margin?? ... $.004pps ?? ...seriously.... Why is $PNTV burning so much money to produce a crop?