Player’s Network Announces Unaudited Record Annu
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Posted On: 10/10/2018 8:54:04 AM
Player’s Network Announces Unaudited Record Annual Sales Up 2,872% From Prior Year Estimated at $2.52 Million Year-to-Date
The majority of the sales growth is coming from the Company’s recent acquisition, Green Leaf Farms Salinas Valley, which has produced and sold over 4,100 pounds of marijuana since acquired.
LAS VEGAS, NV (October 10, 2018) Player’s Network, Inc. (OTCQB: PNTV), a rapidly growing company in the recreational and medical marijuana industry with licensed grow operations in 2 states, announced today they have achieved new record sales of approximately $2.52 million since the recent acquisition of Green Leaf Farms Salinas Valley.
The purpose of this announcement is to provide the Company's Shareholders and the investment community with regards to the substantial increase in sales with an informal unaudited update as it was delayed in filing its Quarterly Report Form 10-Q for the quarter ended June 30, 2018. Most of the sales are coming from the Company’s recent $5,000,000 acquisition of a 56,000 sq. ft. marijuana cultivation facility in Salinas Valley, California.
The Company has cited the reason for the delay in filing is a result of purchasing a private company, which prior to the acquisition, did not operate with the same level of financial controls and compliance procedures as public companies are required to do. PNTV had previously filed for an extension for its Quarterly Report Form 10-Q and is working diligently to file said 10-Q as soon as possible.
Online Webinars to Update Shareholders
Stay informed and up-to-date on the latest Company news and information via frequent online webinars hosted by CEO Mark Bradley and Director Brett H. Pojunis. Sign up to receive notifications on upcoming webinars at https://playersnetwork.com/webinars
The majority of the sales growth is coming from the Company’s recent acquisition, Green Leaf Farms Salinas Valley, which has produced and sold over 4,100 pounds of marijuana since acquired.
LAS VEGAS, NV (October 10, 2018) Player’s Network, Inc. (OTCQB: PNTV), a rapidly growing company in the recreational and medical marijuana industry with licensed grow operations in 2 states, announced today they have achieved new record sales of approximately $2.52 million since the recent acquisition of Green Leaf Farms Salinas Valley.
The purpose of this announcement is to provide the Company's Shareholders and the investment community with regards to the substantial increase in sales with an informal unaudited update as it was delayed in filing its Quarterly Report Form 10-Q for the quarter ended June 30, 2018. Most of the sales are coming from the Company’s recent $5,000,000 acquisition of a 56,000 sq. ft. marijuana cultivation facility in Salinas Valley, California.
The Company has cited the reason for the delay in filing is a result of purchasing a private company, which prior to the acquisition, did not operate with the same level of financial controls and compliance procedures as public companies are required to do. PNTV had previously filed for an extension for its Quarterly Report Form 10-Q and is working diligently to file said 10-Q as soon as possible.
Online Webinars to Update Shareholders
Stay informed and up-to-date on the latest Company news and information via frequent online webinars hosted by CEO Mark Bradley and Director Brett H. Pojunis. Sign up to receive notifications on upcoming webinars at https://playersnetwork.com/webinars
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