InvestorsHub Logo

Green Leaf Smoker

09/22/18 12:06 PM

#46917 RE: DandiDon #46916

You are correct, Thank You for correcting typo, unfortunately gettiing all to use too putting a ZERO to the right of the decimal point which has been all to common this year.

lesgetrich

09/23/18 11:20 AM

#46933 RE: DandiDon #46916

true longs started year out @ high of .140 & today we're @ .066



This really just supports the "longs" point. We were at $.140 at the beginning of the year because shareholders thought that the opening of the Las Vegas facility was weeks away. As it turned out, the start of production at the GLF facility was delayed until June. Now investors are waiting for proof that revenues are flowing before jumping in again. However if we could support $.14+ on hype, we should be able to do much better with actual revs...

Player's Network Update, Undervalued And Poised For A Big Gain

So with these conservative assumptions a value of roughly $.19 to $.38 would be rational and PNTV is currently significantly undervalued.

Again, I believe these estimates are pretty conservative. They don't take into account the expansion of PNTV's Nevada operation once phase 3 is completed or additional revenue that PNTV might be able to generate from the new California property and any additional acquisitions. We also don't know how much additional revenue might come from Weed TV and their media operations or their new crypto currency initiative.

I should also note that the company's next 10-Q financials (for 2FQ18 thru 6/30/18) which are due to be reported in mid August will only show partial revenues from June for Las Vegas and only two months of California revs. We won't see the full impact until the 3FQ18 10-Q which will come out around mid November.




JGR Capital Initiates Coverage on Player’s Network, Inc.

According to the management’s recent update, the Company may enjoy its first big harvest in Seed-to-Sale of its Nevada and newly acquired Salinas Valley assets in H2 2018. The management is positive about PNTV’s ability to increase revenues annually to $11 million (25% net) and $14 million respective from its Salinas Valley and Nevada assets, so that improve the operation and financial positions. Under a conservative base case where PNTV can only generate $12 million in revenues, the Company would be trading at a $120 million valuation or ~ $0.198 per share with a multiple of 10x gross revenues.




We have two different published analysis valuing this company at roughly $.19/share. This is prior to any consideration of dispensaries or potential new acquisitions.