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Toxic Avenger

12/20/10 11:31 AM

#10160 RE: telljeff #10159

No investor should have to talk to the CEO to get good information about a public company. The CEO can't even provide non-public information to anyone. How objective do you really think a CEO, who has a fiduciary responsibility to the shareholders, would be?

When evaluating investments, IMHO, results are always the most important factor. You may want to consider plans, hopes, etc. but how the company has done in the past often indicates how well it will do in the future. In addition, if a company has a weak balance sheet, as IMHO PNTV does, it's going to be hard to become profitable, even with a good idea. Ideas still take money to implement.
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arvitar

12/20/10 11:50 AM

#10161 RE: telljeff #10159

Have you talked to the CEO




Why would I have to talk to the CEO about PNTV's inability to attract financing, and their plans to dilute their stock, when the CEO already wrote that here?

http://biz.yahoo.com/e/100813/pntv.ob10-q.html
"Due, in part, to our lack of historical earnings, our prior success in attracting additional funding has been limited to transactions in which our equity is used as currency. In light of the availability of this type of financing, and the lack of alternative proposals, our board of directors has determined that the continued use of our equity for these purposes may be necessary if we are to sustain operations. Equity financings of the type we have been required to pursue are dilutive to our stockholders and may adversely impact the market price for our shares. "
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mediaguy

12/20/10 4:50 PM

#10165 RE: telljeff #10159

PNTV is so much on track, and today I think we saw some bailers, but also 2 or 3 bidders competing for stock. Just because someone maybe need $$$ for the holidays has nothing to do with pNTV long term. I am happy to gobble shares at these levels, so cheap. i think you are very much correct about jan. and 2011,