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PHOENIX, Sept. 17, 2018 (GLOBE NEWSWIRE) -- Stock Day Podcast, a radio show dedicated to Microcap and Small Cap companies published by UpTick Newswire, hosts Player’s Network, Inc. (OTCQB: PNTV), a rapidly growing company in the recreational and medical marijuana industry with licensed grow operations in 2 states. PNTV is eyeing even greener pastures in the growing Marijuana industry. Director, Brett H. Pojunis, discussed some of the opportunities and challenges facing his company with Stock Day’s Everett Jolly.
Jolly noted that while PNTV’s sales are up over 2,474%, their stock is stuck at $0.05 cents per share.
Brett H. Pojunis explained that PNTV is late on its recent quarterly filing due to the amazing acquisition of an operational 56,000 sq. ft. cultivation (grow) facility in Salinas Valley, California.
Pojunis went on to say “The good news is we had an independent research report come out in the middle of July, they said, if Players Network is only doing a million a month and they only get a 10x, than these guys (PNTV) should be trading it $0.198 cent per share.
However, he explained they have big plans on the horizon continuing their multi-state seed to sale acquisition strategy, “Once we finish our Q3 audit and people see $1 million a month (in revenues) then, it’s real. I think we are going to see a lot more investor confidence.”
“This (acquisition) puts us on a whole different level,” says Pojunis. “We are producing 1,200 pounds a month on average at $900 to $1,100 per pound. And that’s only going to go up.”
The company Director further reiterated, they are doing everything right to see that stock price gain speed. He says they are continuing to execute on their business model. Dispensary applications and Vertically integrated at $0.05 per share is very undervalued - Jolly
For Investor Alerts, or receive information about the company, visit www.PlayersNetwork.com/ir
Listen to his version of a bright future for Player’s Network Inc. here:
About Player’s Network
Player’s Network is a rapidly growing company in the marijuana industry with licensed grow operations in Las Vegas and California that trades on the OTC Market – stock symbol PNTV. Over the last 12 months, the Company has gone from a development stage company to generating over $1,000,000 a month in sales. Their business strategy is growth by acquisitions, joint ventures and new market opportunities. They recently entered into $5,000,000 acquisition of a California grow operation.
Cannabis is legal for medical use in 30 States plus DC. It is legal for adult recreational use in 9 States plus DC. The entire country of Canada has legalized marijuana adult use starting on October 17, 2018. The Company believes this trend of legalizing marijuana will continue and create tremendous growth opportunities for their shareholders.
For more information please visit www.PlayersNetwork.com
Activate your FREE account & sign up for news/updates: https://playersnetwork.com/ir.
Information about Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Additional information concerning these and other risk factors are contained in the Company’s most recent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
Visit www.PlayersNetwork.com/IR to activate your Investor Relations Account now.
Player’s Network Contacts:
David Klepinger , Investor Relations Manager
Interview Requests & Media Inquiries:
Brett H. Pojunis, Director
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