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Players Network Inc PNTV

Players Network through its subsidiary holds Nevada state-issued medical and recreational cultivation and production license(s). The company primarily engages in the growing marijuana and create extracts which are used for cartridges, oils, and edibles. It also owns a social network and lifestyle channel called WeedTV.com that aims at creating a network for the company within the marijuana industry. WeedTV.com is launching the go-to source for information, entertainment, products, and services.


GREY:PNTV - Post by User

Comment by NewDenverKnowson Dec 14, 2016 11:57pm
83 Views
Post# 25602424

RE:RE:RE:RE:RE:RE:Lots of chatter on ihub - pntv

RE:RE:RE:RE:RE:RE:Lots of chatter on ihub - pntvFrom PNTV's Nov 18 filing of the Quarterly Statement:

Note 17 – Legal Proceedings

 

Players Network filed a civil suit in the Eighth Judicial District Court in Clark County, Nevada on January 2, 2014, and served the suit on January 23, 2014, listed as case number A-13-693908-B against Defendants, Comcast Corporation and Advanced Information Systems Inc. We have currently completed the Discovery process, and summary judgment pleadings are being prepared by both parties. Additional information and details will be forthcoming as permitted by public disclosure. Mr. Barney C. Ales and his firm based in Las Vegas, Nevada have been retained as the Company’s Special Counsel, for the litigation and ultimate trial of this matter.

 

mdjbrown wrote: NewDenverKnows, what is left to settle?

According to a Court Order from the Honourable GLORIA M. NAVARRO, Chief District Judge, the five claims argued have been dismissed with prejudice after stating the following

"However, Plaintiff has had an opportunity to amend these claims and has not cured the deficiencies identified by the Court. Accordingly, the Court finds that further amendment would be futile."


IV. CONCLUSION

IT IS HEREBY ORDERED that Defendants' Motion for Judgment on the Pleadings (ECF No. 43) is GRANTED. The following claims are dismissed with prejudice: (1) breach of the implied covenant of good faith and fair dealing insomuch as is premised on an implied contractual obligation that Defendants utilize dynamic ad insertion; (2) breach of fiduciary duty; (3) tortious breach of the implied covenant of good faith and fair dealing; (4) tortious interference with prospective economic advantage: and (5) fraudulent misrepresentation.




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