Las Vegas, NV -- (ReleaseWire) -- 02/16/2017 --Player's Network, Inc. (OTCMKTS:PNTV), a diversified holding company operating in media and marijuana, today announced that its common shares are now trading on the OTCQB® Venture Market under the symbol "PNTV," effective February 16, 2017.
PNTV has successfully met the requirements to uplist to OTC Markets Group, Inc.'s OTCQB market, which is designed for entrepreneurial and development-stage U.S. and international companies. To be eligible, companies must be current in their financial reporting, meet all requirements, and undergo an annual company verification and management certification process. OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
"We are proud to announce this corporate milestone as we execute our plan to add tenure to our 23-year track record as a fully reporting company," says PNTV CEO Mark Bradley. "Though we previously traded on OTC Market's Pink Sheets, we continued file with the SEC. When OTC Markets restructured a few years ago, we decided to wait until the most beneficial time to uplist and thereby open our market to a greater investor base. That time is now, and we look forward to the opportunities this provides us as a company, as well as our shareholders."
Brett H. Pojunis, a member of PNTV's board of directors, adds, "Advancing to the OTCQB market is part of our strategy to build shareholder value and introduce the company to a broader audience. We expect this strategy to provide greater transparency to existing shareholders while attracting new investors to contribute to our growth."
About OTC Markets Group Inc. (OTCM)
OTC Markets Group Inc. operates "Open, Transparent and Connected" financial marketplaces for 10,000 U.S. and global securities. To learn how OTC Markets Group creates better informed and more efficient financial marketplaces, visit http://www.otcmarkets.com. OTC Link® ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC registered Alternative Trading System.
About Player's Network (PNTV)
Player's Network, Inc. is a diversified holding company operating in media and marijuana. PNTV owns approximately 86% of Green Leaf Farms Holdings, LLC (Green Leaf Farms), which has Nevada state issued cultivation and production license(s). The cultivation license enables Green Leaf Farms to grow marijuana and the production license enables them to create extracts which are used for cartridges, oils and edibles. WeedTV.com is a wholly owned subsidiary which is developing the ultimate resource for the marijuana lifestyle.
For more information please visit www.PlayersNetwork.com.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Brett H. Pojunis, Director
New York, New York
Source: Uptick Newswire