Replies to post #52337 on Players Network Inc. (fka PNTV)

[D_A_N_]

Where are you getting that info., That we just gave a way half of the
Argentina deal.

What I read, they are letting GFLI use 400 acres of the 33,000 acres they have control over.

400 acres is no ware near half

Quote from PR dated 7/30/19
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The Teaming Agreement will include an allocation to develop 400 acres of cannabis (initial focus on CBD) crops in Jujuy, Argentina, where the company has signed an agreement with the government to develop portions of a 33,600 acer farm. The 400 acres allocated in the agreement is only a small portion of the total land PNTV has access to with the option to conduct other work on the remaining acreage under the Teaming Agreement.
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Also all I see is the statment PNTV will be the majority-owned
Now we will have to wait & see what that means

At min. it would be 49% GLFI to PNTV 51%


Quote from PR dated 7/30/19
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GLFI will be majority-owned by PNTV and new investors who will be offered an opportunity to purchase units of the venture. PNTV designed this strategy to raise capital without experiencing significant dilution for its existing shareholders as well as diversification of its holdings which is expected to more than double the current asset value of the company. The details of the Teaming Agreement and the details of the offering will be released soon.