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Posted On: 07/23/2014 7:26:37 PM
Great News Guys...
http://www.otcmarkets.com/stock/PNTV/news
Players Network Announces US District Court Ruling in Favor of Players Network
Comcasts Motion to Stay Discovery was denied by the Honorable Magistrate Judge Foley in Players Networks $150 Million Complaint Against Comcast et al.
Jul 23, 2014 (eTeligis.com via COMTEX) -- LAS VEGAS, NV, United States, via eTeligis Inc., 07/23/2014 - - Players Network (OTCQB: PNTV), a digital television, technology and new media company that develops, owns, and operates Branded Lifestyle Channel Destinations today announced that on Monday July 21, 2014 United States District Court Magistrate Judge George Foley, Jr. denied Comcast's Motion to Stay Discovery in the Case of Players Network vs. Comcast Corporation et al.
Magistrate Judge Foley ruled that Comcast's motion was not well founded and the court denied said motion. Based upon the court's ruling discovery in the form of interrogatories, requests for admissions and depositions of key witness should immediately commence in preparation for trial in the case in Las Vegas, Nevada.
Mark Bradley CEO of Players stated, "This ruling is further indication of the validly of our complaint against Comcast. It is also an extremely important milestone in advancing the process to immediately proceed into the discover stage. With discovery now beginning we should see greater awareness of the case within Comcast's top management and perhaps they will have the opportunity to better understand its merits. Players Network invested millions in reliance of our agreement with Comcast and we feel with Comcast's growth and new personnel they basically forgot about Players Network and their contractual obligations to us and our shareholders. The judicial discovery process will bring the facts of the case to light quickly and hopefully lead to an amicable resolution."
For Media inquiries contact Lisa Mayo-DeRiso at: 702.576.2659
For Investor inquiries contact Parker Mitchell at: 702-575-9157
http://www.otcmarkets.com/stock/PNTV/news
Players Network Announces US District Court Ruling in Favor of Players Network
Comcasts Motion to Stay Discovery was denied by the Honorable Magistrate Judge Foley in Players Networks $150 Million Complaint Against Comcast et al.
Jul 23, 2014 (eTeligis.com via COMTEX) -- LAS VEGAS, NV, United States, via eTeligis Inc., 07/23/2014 - - Players Network (OTCQB: PNTV), a digital television, technology and new media company that develops, owns, and operates Branded Lifestyle Channel Destinations today announced that on Monday July 21, 2014 United States District Court Magistrate Judge George Foley, Jr. denied Comcast's Motion to Stay Discovery in the Case of Players Network vs. Comcast Corporation et al.
Magistrate Judge Foley ruled that Comcast's motion was not well founded and the court denied said motion. Based upon the court's ruling discovery in the form of interrogatories, requests for admissions and depositions of key witness should immediately commence in preparation for trial in the case in Las Vegas, Nevada.
Mark Bradley CEO of Players stated, "This ruling is further indication of the validly of our complaint against Comcast. It is also an extremely important milestone in advancing the process to immediately proceed into the discover stage. With discovery now beginning we should see greater awareness of the case within Comcast's top management and perhaps they will have the opportunity to better understand its merits. Players Network invested millions in reliance of our agreement with Comcast and we feel with Comcast's growth and new personnel they basically forgot about Players Network and their contractual obligations to us and our shareholders. The judicial discovery process will bring the facts of the case to light quickly and hopefully lead to an amicable resolution."
For Media inquiries contact Lisa Mayo-DeRiso at: 702.576.2659
For Investor inquiries contact Parker Mitchell at: 702-575-9157
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