Tags Posts tagged with "$PNTV"

$PNTV

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Player’s Network to Hold Conference Call

LAS VEGAS, NV / ACCESSWIRE / September 9, 2015 / Players Network, Inc. (PNTV) (“Players Network” or “the Company”) is pleased to announce that it will be hosting a conference call for its shareholders and investment community on Wednesday September 9 at 1:30 p.m. (EST) to further inform and update shareholders on the company’s progress. The details of the conference call are described below:

Wednesday, Sept 9, 2015 at 1:30 p.m. EST
Direct Dial Number: +1 (712) 432-1212, then enter the Meeting ID 501-738#, when prompted
Participants are encouraged to access the call at least five (5) minutes before it is to begin.
A playback of the call will be available later at +1 (712) 432-1219.

Please submit any and all questions by 4PM (EST) on Tuesday, September 8, 2015 to: Playersnetworkmedia@gmail.com so that we may address any specific inquiries at that time.

Players Network CEO, Mark Bradley will provide a status update on our current media operations as well as discuss our cannabis operations; as PNTV moves forward to diversify its operations through its Privileged Licenses awarded by the State of Nevada to operate a Medical Marijuana Cultivation and Production Facility in Las Vegas. Players Network has become aware of falsehoods which are currently circulating and we plan to address and clear up these concerns. Players Network would like to advise that our $150M lawsuit against Comcast is still ongoing. In addition, all private placements and convertible debt under Players Network have been filed with the SEC and are current. No additional placements have been issued since the last filing. These filings are available to the public to view at SEC.gov.

Players Network is moving forward with accomplishing the goals we have established and everything is looking great for the future of Players Network. Players Network intends to succeed in bringing long term value to its shareholders and is committed to follow through on its business objectives.

Check us out on our web site (www.playersnetwork.com) and Facebook at: https://www.facebook.com/playersnetworkmedia or Twitter (https://twitter.com/_playersnetwork).

Statement under the Private Securities Litigation Reform Act:

With the exception of the historical information contained in this Release and the attached Shareholder Report, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.

CONTACT:

Player’s Network, Inc.
Telephone: (702) 575-9157
Email: playersnetworkmedia@gmail.com
Website: www.playersnetwork.com www.weedtv.com
Facebook: https://www.facebook.com/playersnetworkmedia
Twitter: https://twitter.com/_playersnetwork

SOURCE: Player’s Network, Inc.

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Players Network Succeeds in the Motions to Dismiss the Company’s $150 Million Complaint Against Comcast

LAS VEGAS, NV / ACCESSWIRE / February 4, 2015 / Players Network (PNTV), is a diversified holding company in media and new technologies announced yesterday that The U.S. District Court for Nevada released its opinion regarding Comcast Inc.’s (the Defendants) Motion to Dismiss the Complaint of Players Network Inc. (the Plaintiff) eight causes of action.

Players Network (The Plaintiff) received the order on the 12(b)(6) motion filed by Defendant, after eight months of deliberation by the court, Judge Navarro ruled on the 8 causes of action filed in the original complaint by the Plaintiff as follows, 2 were dismissed with prejudice, 4 were sustained for Defendants with leave to amend by the Plaintiff before March 5, 2015 and 2 permitted for Plaintiff on two causes of action.

The Plaintiffs attorney Barney Ales of Las Vegas, Nevada stated “I look forward to filing an amended complaint against Comcast by March 5th 2015, the deadline set by Federal Court, and thereafter conducting further discovery by taking additional depositions, all of which will be scheduled once the amended complaint is filed.”

Mark Bradley C.E.O. of Players, reached for comment stated, “Comcast’s attempt to have the case completely thrown out of court was unsuccessful and that the Judge granted Players Network the right to amend its complaint to set forth additional allegations. This motion further confirms the validity of our complaint, the discovery process including depositions has already begun in the case and will continue when the amended complaint is filed.”

About Players Network:

Players Network is a diversified company with holding in Medical Marijuana and Media. The Medical Marijuana asset is primarily through the Company’s 80% ownership in Greenleaf Farms Holdings. The Company that uses its proprietary Enterprise Web Platform to develop Branded Digital Lifestyle Television Networks for itself and its partners in a wide range of lifestyle categories. Players Network’s current original channels, “Players Network,” “Vegas on Demand,” “Real Vegas TV,” focus on Las Vegas and Gaming Lifestyles. The newest channel “WeedTV.com” focuses on the rapidly expanding cannabis community. These channels are distributed over PNTV’s owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD, and through worldwide television syndication. For more information please visit www.playersnetwork.com.

Statement Under the Private Securities Litigation Reform Act:

With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.

CONTACT:

Media Inquiries:
Lisa Mayo-DeRiso
702-576-2659

For Investor Inquiries:
Parker Mitchell
702-575-9157

SOURCE: Players Network

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Players Network Inc. (PNTV: OTCQB), is a diversified holding company that is focused on two primary industries: media and medical marijuana. PNTV offers the opportunity to invest in their diversified cannabis company Green Leaf Farms (GLFH) that is levered to the legal Nevada marijuana market. Technical420 is favorable on shares of PNTV and thinks the stock is undervalued. For this reason, Technical420 has a Buy rating on shares of PNTV. The company is one of the only fully reporting companies that has received a license to cultivate and process cannabis. This gives us confidence that PNTV is one of the more legitimate OTC traded marijuana stocks.

Entrance into the marijuana space

In late July, Players Network entered the marijuana industry through the formation of Green Leaf Farms Holdings Inc. (GLFH). PNTV owns 80% of Greenleaf Farms and the remaining 20% is held by key advisors and experts.

A few months after forming Green Leaf Farms Holdings, the City of North Las Vegas approved two conditional use permits for medical marijuana cultivation and production facilities. The permits are for a medical marijuana cultivation facility and a marijuana-infused products (edibles) production facility. In November, the Department of Health and Human Services Nevada Division of Public Behavioral Health approved Green Leaf’s medical marijuana cultivation and production facilities. On November 24, 2014, PNTV announced that the State approved Green Leaf’s two applications which will allow them to proceed with medical marijuana cultivation and production.

Green Leaf Farms Holdings is the contract purchaser of 3.2 acres on Apex Great Basin Way in North Las Vegas, Nevada. This will support a cultivation and production facility of up to 70,000 square feet, which the company’s consultants expect will generate between $12 and $14 million in annual revenue during its first year of operations and additionally has an option on a an existing building also in North Las Vegas

Mark Bradley, CEO of PNTV, informed me that within the next few weeks the company will decide which of two direction they will go. If they do, the company goes into an existing building; they should be cultivating by June 2015 and generating revenue by September. If PNTV builds from the ground up, they expect to start cultivating by December and generating a profit by early 2016.

Unique business model can create synergies for their two business units

Players Network is also actively involved in the media industry through their proprietary channels. The company will use WeedTV.com, one of such channels, to increase exposure for Green Leaf and increase sales for all of Green Leaf Products, which is something that no other Medical Marijuana company has the ability to do. This channel also generates revenues through advertising, cross selling with other companies and premium membership subscriptions.

PNTV has been in the media game a long time. The company was the first video on demand service and they partnered with Comcast to create Vegas On Demand which reached over 100 million households. This proves that PNTV has the infrastructure and technology to build and scale networks. Technical420 expects that the service PNTV plans to release will be a game changer for the industry and will provide users with easily accessible information.

This unique advantage offers the company another source of revenue and free exposure for their marijuana business. If PNTV is able to successfully execute on their business plan the company will be able to create synergies between Weed TV and Green Leaf Farms Holdings, which will lead to increased revenues. These synergies will also lead to higher margins which will improve the company’s bottom line.

Mark Bradley told me that WeedTV will be focused on content creation and will aggregate news and information from other sources. The company has a first mover advantage in this industry and is led by a team of executives with a significant media and television industry background. Mr. Bradley plans to create a service that competes with companies like Leafly and Weedmaps. PNTV’s services, however, will be more comprehensive with more locations to make it easier for their customers and offer media and marketing services that reach beyond what these other sites offer.

Strong management team

PNTV has been around since the early 1990s and have created many strategic relationships that strengthen its footprint. The company’s CEO and founder, Mark Bradley, founded Players Network in 1993 and has served as CEO since its inception. Mr. Bradley was a producer/director at United Artists, and served as a studio manager and postproduction supervisor at United Cable Television in Los Angeles where he was engaged in the production, packaging and syndication of television and film productions for media venues such as HBO, Nickelodeon and MTV.

The company’s Chief Creative Officer, Michael Berk, is a prolific writer, producer and director with over three hundred hours of television programming to his credit. Berk created and executive produced “Baywatch”,one of the most popular series in television history. He is currently producing a large-budget “Baywatch” feature film for Paramount. AS such Mr. Berk syndicated the program worldwide and made it into a signifcant international brand.

Leslie Thomas is the marketing and operations manager for PNTV. Thomas works directly with major media outlets which include: Comcast Communications, DirecTV, AT&T, Verizon, and TivoCast, as well as multiple broadband sites.

The marketing and licensing advisor, John Raczka, has a proven track record of success in driving revenue growth in the linear, interactive and gaming entertainment sectors worldwide. He works in Macao and Las Vegas and handles the Asian Markets for many companies.

Edward Sullivan serves as the company’s media, branding, and marketing advisor. Sullivan has overseen branding & marketing efforts for over 50 launches and re-launches of major media companies such as: CBS, ABC, FOX, Discovery Networks, Turner Broadcasting, HBO, and Disney cable networks.

Doug Miller serves on the board of PNTV and brings over thirty years of hands-on operating experience to the Players Network Board. Focusing on high growth start-up and turnaround companies, Mr. Miller participated in leading four companies to IPO´s. He holds a bachelors degree from the University of Nebraska and an MBA from Stanford.

Significantly Undervalued

Even though PNTV generates minimal revenue and has been operating at a loss for some time now, the company is significantly undervalued. In October, Mark Bradley stated that “Capital has already been raised in Green Leaf Farms Holdings for these applications at a $10 million valuation.” PNTV owns 80% of Green Leaf which makes that asset worth $8 million. The total market capitalization of PNTV is $3.75 million. As such, the Green Leaf asset alone offers more than a 100% upside to the current price of the stock. What makes this asset even sweeter is that the $10 million valuation was placed on Green Leaf before they got a license. The company plans to raise capital again at a much higher valuation.

PNTV also has a $27 million tax loss carry over. If you combine that with the value of Green Leaf, that is $35 million. This offers investors a substantial upside to current levels. The company, though, faces some dilution risk with more convertible notes coming out in five months and is trying to clear out $300,000 worth of notes over the next quarter.

PNTV has another asset that makes them even more undervalued.

PNTV has entered into a lawsuit against cable giant Comcast for $150 million for a breach of contract. The case is currently in discovery and the company hopes this will be resolved with a settlement payment to PNTV, otherwise the case will be scheduled for trial in a Federal Court in Nevada PNTV’s legal team is hopeful ….Since Comcast has no business presence in Nevada, this should give PNTV a home field advantage and could settle long before trial.

Outlook

Although PNTV’s entrance into the medical marijuana market offers considerable upside to current estimates, the stock has not reacted favorably. PNTV is down 33% during the last month even though the company’s fundamental story has improved. Technical420 has a Buy rating on shares of PNTV because we think the selloff was excessive and given their unique business model the company has the potential to be a legitimate player in the cannabis industry. Additionally, PNTV is one of only two fully reporting companies who have won a license in the Marijuana space.

 Important Investor Disclosures:

All information relied upon for the above report is publically available via various research resources, including third-party sources we consider reliable, but we do not guarantee that any of such information is accurate or complete. In its evaluation of PNTV Technical420 has also relied upon Securities and Exchange Commission Disclosure and Representations Documentation required to be filed by PNTV. The SEC Documentation is available through the Company’s website at http://www.playersnetwork.com/investors/sec-filings

Technical420 LLC is not a FINRA member firm. Technical420 LLC is responsible for the preparation and distribution of research created in the United States. Technical420 LLC is located at 40 SW 13th St. Suite 1002, Miami, FL 33130.

Technical 420 LLC, and any of its directors, officers, employees, affiliates, or subsidiaries does not accept any form of compensation from companies in return for writing reports on them. Also Technical 420 LLC, and any of its directors, officers, employees, affiliates, or subsidiaries do not hold any stock positions in companies covered by Technical420LLC.

This document is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident of or located in any locality, state, country, or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. The securities discussed in this document may not be eligible for sale in certain states or other jurisdictions, or may be prohibited for purchase by particular investors. This research is not an offer to sell or the solicitation of an offer to buy any security. It does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual clients. Past performance is not a guide to future performance, future returns are not guaranteed, and a loss of original capital may occur. Investors should consider this report as only a single factor in making their investment decision.

Investing in securities of issuers organized outside of the U.S., including ADRs, may entail certain risks. The securities of non-U.S. issuers may not be registered with, nor be subject to the reporting requirements of the U.S. Securities and Exchange Commission. There may be limited information available on such securities. Please contact a Financial Advisor for professional advice.

The information provided is as of the date above and subject to change. Please contact Technical420 for any questions regarding these Important Investor Disclosures.

Technical420 LLC Ratings and Definitions

Buy (B) Expected to outperform the S&P 500 by 15% over the next 6 to 12 months.

Speculative Buy (SB) Expected to outperform the S&P 500 by 15% over the next 6 to 12 months. However, such securities are considered to be very risky due to verbiage used by Management regarding certain representations including their ability to continue as a going concern.

Hold (H) Expected to perform in line with the S&P 500.

Sell (S) Expected to underperform the S&P 500 or become de-listed over the next 6 to 12 months.

Suitability Categories

High Risk (HR): High risk developmental companies that have financial issues and pose significant risk to the investor.

Speculative Risk (SR) High risk developmental companies that have financial issues and pose significant risk to the investor. These companies provide guidance on an infrequent basis and may have going concern risk.Venture Risk (VR) New developmental companies that have substantial risk due to minimal operating history, financial issues and posing definitive risk to investors. These companies provide guidance on an infrequent basis and may have going concern risk.

Technical420 LLC Relationship Disclosures

Technical420 does not receive or expect to receive compensation from the subject companies. If Technical420 does receive compensation, the relationship and amount of compensation will be disclosed. 

Stock Charts, Price Targets, and Valuation Methodologies:

Technical420’s methodology for assigning ratings and price targets include a number of qualitative and quantitative factors including an assessment of industry size, structure, business trends and overall attractiveness; management effectiveness; competition; visibility; financial condition, and expected total return, among other factors. These factors are subject to change depending on overall economic conditions or industry or company-specific occurrences.

Risk Factors

General Risk Factors: Following are some but not all risk factors that pertain to companies under Technical420’s coverage: (1) Industry fundamentals with respect to customer demand or product / service pricing could change and adversely impact expected revenues and earnings; (2) Issues relating to major competitors or market shares or new product expectations could change investor attitudes toward the sector or this stock; (3) Unforeseen developments with respect to the management, financial condition or accounting policies or practices could alter the prospective valuation; or (4) External factors that affect the U.S. economy, interest rates, the U.S. dollar or major segments of the economy could alter investor confidence and investment prospects. International investments involve additional risks such as currency fluctuations, differing financial accounting standards, and possible political and economic instability. Additional risk factors include the fact that cannabis remains illegal at the U.S. Federal Level and the Government has an uneven policy regarding the pursuit of operators in states where cannabis is legal.

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Players Network New Corporate Website Reflects Company Expansion into Cannabis Cultivation and Production

New Website www.playersnetwork.com Delivers a Clear Message that Reflects the Repositioning of the Company and its Evolution in its Combined Cannabis and Media Businesses

Las Vegas, NV / ACCESSWIRE / December 10, 2014 / Players Network (PNTV), is a diversified company with holdings in two primary areas; Medical Marijuana and Media, announces today that it has re-launched its corporate website www.playersnetwork.com.

The new site is designed to connect our shareholder directly to the Company’s management and communicate with our shareholders through social media connections, newsletters, and alerts. To receive alerts please go to the website and simply fill out a short request form to stay current on all new developments and news.

Players Network is operating in two rapidly growing markets and information changes quickly. The Company understands the need to communicate clearly with its shareholders. In this digital era of communications, we have found that our messages often get miscommunicated or sometimes completely fabricated information through third party chat boards, websites and forums and want to provide a direct form to communicate information that is 100% accurate that our shareholders and investors can rely upon.

Mark Bradley, CEO stated; “There are few small cap companies that have an open door policy where you can speak directly to management. I may be a little old fashioned in that regard, but that is the precedent we have operated under and we plan to continue. We hope you enjoy exploring the new site and encourage you to please connect with us with questions about any of our business divisions, as we look forward to communicating with you.”

About Players Network:

Players Network is a diversified company with holding in Medical Marijuana and Media. The Medical Marijuana asset is primarily through the Company’s 80% ownership in Greenleaf Farms Holdings. The Company that uses its proprietary Enterprise Web Platform to develop Branded Digital Lifestyle Television Networks for itself and its partners in a wide range of lifestyle categories. Players Network’s current original channels, “Players Network”, “Vegas on Demand”, “Real Vegas TV”, focus on Las Vegas and Gaming Lifestyles. The newest channel “WeedTV.com” focuses on the rapidly expanding cannabis community. These channels are distributed over PNTV’s owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD, and through worldwide television syndication. For more information please visit www.playersnetwork.com.

About Green Leaf Farms Holdings (GLFH):

The Green Leaf Farms Holding Company is 80% owned by Players Network and has been granted 2 licenses by the state of Nevada for Medical Marijuana Cultivation and Production of Marijuana infused products. GLFH is constructing a 39,000 sq. foot facility in North Las Vegas for its operations. “Green Leaf Farms” will be the GLFH’s consumer brand in our product development as well as branding for additional facilities. This brand equity will be used to expand into other states as they receive legislative approval. The Company will not expand beyond Nevada until this is compliant with Federal laws. PNTV is one of only two fully reporting and compliant OTCQB companies to receive approval of medical marijuana establishments.

About WeedTV:

Weed TV is a Lifestyle Channel Destination powered by PNTV’s NextGenTV(SM) enterprise platform. WeedTV is the go to source for informational, entertainment, products and services for people who relate to the marijuana lifestyle and social community. Weed TV will feature daily stories sourced by weedtv.com correspondents and contributors from around the world. It will provide a wide variety of editorial content, videos and entertainment including lead stories, political news, business news on the industry, financial analysis from industry experts, growing tips, cooking tips, a “Weed101″ section, medical uses, lifestyle features, entertainment specials and merchandise shopping cart offering the latest products and services. www.weedtv.com

Statement under the Private Securities Litigation Reform Act:

With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.

CONTACT:

Media Inquiries Contact
Lisa Mayo-DeRiso
702.576.2659

Investor Inquiries Contact
Parker Mitchell
702-575-9157

SOURCE: Players Network

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Players Network New Corporate Website Reflects Company Expansion into Cannabis Cultivation and Production

New Website www.playersnetwork.com Delivers a Clear Message that Reflects the Repositioning of the Company and its Evolution in its Combined Cannabis and Media Businesses

Las Vegas, NV / ACCESSWIRE / December 10, 2014 / Players Network (PNTV), is a diversified company with holdings in two primary areas; Medical Marijuana and Media, announces today that it has re-launched its corporate website www.playersnetwork.com.

The new site is designed to connect our shareholder directly to the Company’s management and communicate with our shareholders through social media connections, newsletters, and alerts. To receive alerts please go to the website and simply fill out a short request form to stay current on all new developments and news.

Players Network is operating in two rapidly growing markets and information changes quickly. The Company understands the need to communicate clearly with its shareholders. In this digital era of communications, we have found that our messages often get miscommunicated or sometimes completely fabricated information through third party chat boards, websites and forums and want to provide a direct form to communicate information that is 100% accurate that our shareholders and investors can rely upon.

Mark Bradley, CEO stated; “There are few small cap companies that have an open door policy where you can speak directly to management. I may be a little old fashioned in that regard, but that is the precedent we have operated under and we plan to continue. We hope you enjoy exploring the new site and encourage you to please connect with us with questions about any of our business divisions, as we look forward to communicating with you.”

About Players Network:

Players Network is a diversified company with holding in Medical Marijuana and Media. The Medical Marijuana asset is primarily through the Company’s 80% ownership in Greenleaf Farms Holdings. The Company that uses its proprietary Enterprise Web Platform to develop Branded Digital Lifestyle Television Networks for itself and its partners in a wide range of lifestyle categories. Players Network’s current original channels, “Players Network”, “Vegas on Demand”, “Real Vegas TV”, focus on Las Vegas and Gaming Lifestyles. The newest channel “WeedTV.com” focuses on the rapidly expanding cannabis community. These channels are distributed over PNTV’s owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD, and through worldwide television syndication. For more information please visit www.playersnetwork.com.

About Green Leaf Farms Holdings (GLFH):

The Green Leaf Farms Holding Company is 80% owned by Players Network and has been granted 2 licenses by the state of Nevada for Medical Marijuana Cultivation and Production of Marijuana infused products. GLFH is constructing a 39,000 sq. foot facility in North Las Vegas for its operations. “Green Leaf Farms” will be the GLFH’s consumer brand in our product development as well as branding for additional facilities. This brand equity will be used to expand into other states as they receive legislative approval. The Company will not expand beyond Nevada until this is compliant with Federal laws. PNTV is one of only two fully reporting and compliant OTCQB companies to receive approval of medical marijuana establishments.

About WeedTV:

Weed TV is a Lifestyle Channel Destination powered by PNTV’s NextGenTV(SM) enterprise platform. WeedTV is the go to source for informational, entertainment, products and services for people who relate to the marijuana lifestyle and social community. Weed TV will feature daily stories sourced by weedtv.com correspondents and contributors from around the world. It will provide a wide variety of editorial content, videos and entertainment including lead stories, political news, business news on the industry, financial analysis from industry experts, growing tips, cooking tips, a “Weed101″ section, medical uses, lifestyle features, entertainment specials and merchandise shopping cart offering the latest products and services. www.weedtv.com

Statement under the Private Securities Litigation Reform Act:

With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.

CONTACT:

Media Inquiries Contact
Lisa Mayo-DeRiso
702.576.2659

Investor Inquiries Contact
Parker Mitchell
702-575-9157

SOURCE: Players Network

 

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Marijuanastocks.com own The Wolf of Weed Street was recently interviewed by $PNTV’s WeedTV Reporter iV Nicole.

From WeedTV.com:

“The iV report is iV Nicole’s take on all things cannabis. A fun and informative weekly look at everything from recreational/medical legislation and behind the scenes visits to cooking tips, live events and much, much more! We’ll meet some of the top chefs, celebrities, political figures and other innovators in our budding industry. We’ll take a look at cutting edge technology as well as see the newest product reviews.”

https://www.youtube.com/watch?v=JMM5-yBe66Q

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Players Network Shareholder Update and Medical Cannabis Establishment Approval

Green Leaf Farms Holdings Owned 80% by Players Network Received both Nevada State Approval as well the Use Permit from the City of North Las Vegas for Two Applications to proceed with Medical Cannabis Cultivation and Production

LAS VEGAS, NV / ACCESSWIRE / November 24, 2014 / Players Network (PNTV), is a diversified company with holdings in two primary areas; Medical Marijuana and Media. The Company owns 80% of Green Leaf Farms Holdings as well as technology and television distribution to develop, own, and operate Branded Television Networks and Lifestyle Channel Destinations. The Company announces a Shareholder Update from Mark Bradley, CEO of Players Network (“PNTV” and/or “Company”).

Dear Shareholders, I wanted to take this opportunity to report and update you on recent accomplishments and our going forward plans. Specifically, I wanted to cover the following:

- Green Leaf Farms Update and Next Steps to operationalize and begin to generate revenue.

- Brand Strategy for Green Leaf Farms

– Synergy with WeedTV an our media operations

– $150 Million Comcast Complaint Update

The initial decision to launch Weedtv.com earlier this year was largely based upon the opportunity to be a first mover in what was obviously going to be one of the largest and fastest growing business sectors. The expansion into medical marijuana operations was a logical extension of this decision to provide both a core revenue engine as well as a source of products and services to market through our media assets. A foundation of our business model is to use both traditional media and new social media drivers to attract audience and build a consumer database within a branded lifestyle destination. The cannabis community is an extraordinary marketplace and ideally suited to this model. Having both a media outlet as well as consumer product business provides the Company a strategic business combination distinct from all other competitors in this space.

Green Leaf Farms Holdings

First, I cannot emphasize enough the importance of the recent Green Leaf Farms Holdings (“GLFH”) Nevada State approval and how this positively impacts our company. As previously announced GLFH is owned 80% by PNTV and has raised approximately $1.0 million of capital on a $10.0 million valuation giving PNTV an $8.0 million asset. With the Nevada State Approval this value has significantly increased and will increase again once the facilities are open. GLFH is the contract purchaser of 3.2 acres of land that will allow for a cultivation and production facility of up to 70,000 square feet. We are aggressively proceeding with all requirements to complete our Medical Marijuana Cultivation and Production Facility and begin operations estimated to be mid 2015. These operations will provide core revenue to grow the Company. Based on evaluating the emerging Nevada market, our consultants conservatively estimate that the facility will generate $12 to $14 million of annual revenue in its first year of operation and increase as the demand for medical marijuana increases. If recreational use of marijuana is approved in Nevada this would substantially increase demand and revenues. We will be announcing more details as we complete these plans.

Brand Strategy For Green Leaf Farms Holdings

The Green Leaf Farms Brand will be used as a consumer brand in our product development as well as branding for additional facilities. This brand equity will be used to expand into other states as they receive legislative approval. The Company will not expand beyond Nevada until this is compliant with Federal laws. PNTV is one of only two fully reporting and compliant OTCQB companies to receive approval of medical marijuana establishments.

Synergy of Brick and Mortar Business with Media Assets

While developing WeedTV.com, our team realized we could implement a vertical strategy to utilize our media platform to drive business to our MME business. Through the audience and reach of WeedTV.com, we will build brand value and cross market our own Medical Marijuana products, as well as generate additional revenues by marketing other products and services to this consumer audience.

The emerging Medical Marijuana industry is mainly comprised of local dispensaries, edible brands, grow houses (cultivation), equipment manufacturers and testing labs. WeedTV.com’s approach to companies in this industry is to form a meaningful relationship with targeted content and interaction with new customers and business partners. By leveraging media, the platform builds long-term brand equity and connects consumers to businesses. This is accomplished through fresh and relevant content such as professionally produced branded television segments, user-generated videos, blogs, editorials, tweets (twitter), photos, special offers, events and custom-designed contests to engage both consumers and businesses with their brands and services.

$150 Million Comcast Complaint

We are pleased to report that both parties are proceeding with discovery and have set a deposition schedule to begin in early December of 2014 to report findings to the court in late December. In addition, the parties have exchanged discovery documents that the Company feels support the merits of the complaint and witnesses will be examined in that regard. We will provide a further update upon completion of this discovery in mid to late December 2014.

Summary

Players Network has expanded the Company’s direction into the medical marijuana market. The synergy with Weed TV and our growing media and technology assets provides a significant strategic advantage in marketing our products and services.

The approval of the medical marijuana cultivation and production facilities will provide Green Leaf Farms Holdings and Players Network a consistent source of recurring revenue and cash flow to build upon. This is an extraordinary and game changing win for the Company.

I look forward to reporting on our continued progress and wish everyone and their family a happy and healthy Thanksgiving.

Thank you your support and belief in what we are creating.

Sincerely,

Mark Bradley

CEO

Players Network

About Players Network:

Players Network is a diversified company with holding in Medical Marijuana and Media. The Medical Marijuana asset is primarily through the Company’s 80% ownership in Greenleaf Farms Holdings. The Company that uses its proprietary Enterprise Web Platform to develop Branded Digital Lifestyle Television Networks for itself and its partners in a wide range of lifestyle categories. Players Network’s current original channels, “Players Network”, “Vegas on Demand”, “Real Vegas TV”, focus on Las Vegas and Gaming Lifestyles. The newest channel “WeedTV.com focuses on the rapidly expanding cannabis community. These channels are distributed over PNTV’s owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD, and through worldwide television syndication. For more information please visitwww.playersnetwork.com.

Statement under the Private Securities Litigation Reform Act:

With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.

CONTACT:

Media Inquiries Contact
Lisa Mayo-DeRiso
702.576.2659

Investor Inquiries Contact
Parker Mitchell
702-575-9157


SOURCE:
Players Network

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