Their in lies why the PNTV ship has little to know one on board....Fool me once shame on you....Fool me twice shame on me ....their are a lot more of the latter whom are not willing to buy into anything this company hypes / projects, as nothing in the 27 years of business has come close (currently in Chapter 11) to showing any profitable success. Officers have been the only ones enriching themselves in this Enron like run company.
To the handful of current long & potential future investor(s) in the past year plus, their has been more noise being heard from the crickets in the distance than on the pntv board or daily volume (today whopping $60 in 4 hrs. had been traded) coming into this stock....the fat lady is warming up along w/ the bugle player. ............Chapter11 has been filed by the company
Another stellar trading day setting up today as a whopping 2,000 shares traded $14 after market has been open for 2-1/2 hrs. ...barely covering cost of trading fees. This is an indication how frustrated investors are at seeing this stock in their portfolio, as their willing to sell (as if their is a market for it) just so they don't have the agony of seeing it any more.....
Per CEO Once we are compliant and our stock can begin trading again, I will inform our shareholders. I remain very bullish on the company's future.
This CEO has always shown inability to have shareholders best interest in mind. Put out a memo stating stock halted only because inundated w/ calls / text / emails from investors that have had it w/ the incompetency of running the company. Truth of the matter can't keep getting a salary & pay accounts on a bleeding run company. They simple don't have the money to do anything expeditiously, finding out accountants don't work for free. The answer to the companies woes is as simple as CEO looking in the mirror.