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PLAYERS NETWORK
PNTV.OB
last $ 0.16
Form 10-K for PLAYERS NETWORK
20-Apr-2009
Annual Report
ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS AND RESULTS OF OPERATION
Overview and Outlook
Players Network was incorporated in the State of Nevada in March of 1993. Players Network is a global media and entertainment company engaged in the development, production, distribution and marketing of television programs and internet broadcasting about the Las Vegas and Gaming Lifestyles, and other related entertainment themes.
With an emphasis on unique, high-quality programming that captures the excitement, passion, enjoyment, sex appeal, entertainment, information, celebrity, and the non-stop adrenaline rush of the Las Vegas Gaming Lifestyle, Players Network’s content goes beyond poker, casino action, sports betting, and racing, to lifestyle programs about entertainment and fine living, attracting the young and the sophisticated viewers who view digital content most.
Much of Players Network’s programming is educational, involving experts helping viewers become smarter gaming consumers, so when they visit a casino they have the best chance possible to win. Many shows are celebrity driven, since so many celebrities in movies and music, TV and sports come to Las Vegas to play.
Players Network programming is conceived and produced to create successful advertising, cross-promotional and marketing opportunities for distributors and sponsors by engaging this highly targeted, desirable audience in programming that excites them.
In 2007 the Company brought on it first major sponsor IGT, who sponsored an original television series “Winner and Jackpots.” The Company expects the sponsorship to continue through 2008. The sponsorship included an initial deposit and a per show production fee. The Company also engaged an advertising agency to act as the Company’s representative to mainstream sponsors to assist the Company in creating advertising revenues. The Company signed distribution agreements with Telco and satellite giants AT&T and Verizon pursuant to which the Company’s content will be distributed over these companies’ IPTV platforms. The Company also signed agreements with Direct TV and EchoStar to deliver Players Network branded VOD channels. Management believes that the addition of these new distribution platforms will enable the Company to begin to generate revenues from advertising.
As we continue to expand our business and implement our business strategy, our current monthly cash flow requirements will exceed our near term cash flow from operations. Our available cash resources and anticipated cash flow from operations are insufficient to satisfy our anticipated costs associated with new product development. There can be no assurance that we will be able to generate sufficient cash from operations in future periods to satisfy our capital requirements. Therefore, we will have to continue to rely on external financing activities, including the sale of our equity securities, to satisfy our capital requirements for the foreseeable future. Due, in part, to our lack of historical earnings, our prior success in attracting additional funding has been limited to transactions in which our equity is used as currency. In light of the availability of this type of financing, and the lack of alternative proposals, our board of directors has determined that the continued use of our equity for these purposes may be necessary if we are to sustain operations. Equity financings of the type we have been required to pursue are dilutive to our stockholders and may adversely impact the market price for our shares. However, we have no commitments for borrowings or additional sales of equity, the precise terms upon which we may be able to attract additional funding is not known at this time, and there can be no assurance that we will be successful in consummating any such future financing transactions on terms satisfactory to us, or at all.
*Results of Operations for the Years Ended December 31, 2008 and December 31, 2007: CLICK HERE
* PNTV Players Network Financials: CLICK HERE
Players Network ( PNTV.OB ) is the leading multi-platform media company in the gaming lifestyle category. It is building the dominant media, marketing and merchandising brand in the gaming lifestyle category. The company delivers a wide variety of lifestyle programming to consumers; and, the company partners with major gaming industry companies in the marketing and promotion of their brands through the development of original entertainment and television programming that present the companies’ intellectual properties.
The “gaming lifestyle” category includes travel, entertainment, music, performance, dining, spas, shows, legal gaming, tournaments, vacations & travel and celebrities from the music, sports and gaming areas. Players Network will do for gaming what ESPN did for sports, MTV did for music, CNN did for news and Nickelodeon to children’s programming.
Players Network PNTV.OB
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Centriforce Technology Corp.
CNFO.PK
Last $0.25
Centriforce Technology Corp. CNFO.PK California Drains Water Bank to Fight Water Shortage
MIAMI, Apr 28, 2009 (CRWENEWS WIRE) — Centriforce Technology Corp. (Pink Sheets: CNFO): As an emergency measure, the Obama administration transferred large amounts of federally-controlled water to a California water bank to help blunt the impact of California’s deepening water shortage. Farmers in California’s Central Valley have had to leave tens of thousands of acres of farmland barren this year due to lack of water. In addition to job losses, farm losses are expected to exceed $2 billion this year due to shortages of water in the state. Up to 200,000 acre feet of water is likely to be made available through the water bank this year.
“California gives us a local snapshot of what is happening to water supplies in dozens of countries around the world,” noted Matthew Schulman, President of CNFO. “We recognize that this is both a time of great need and of great opportunity,” he noted. “With water shortages reaching crisis levels, new and cheaper desalination technologies – such as those we are developing, hold the potential to provide explosive growth in the near future,” he concluded.
For more information, visit Centriforce’s website at http://www.cnfowater.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information 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, including statements that include the words “believes,” “expects,” “anticipates” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success.
Contact:
Centriforce Technology Corp., Miami
Haim Silber, Corporate Secretary, 305-718-3330
hsilber@cnfowater.com
Centriforce Technology Corporation (CNFO.PK) is developing its desalination technology using the same scientific principal as the hurricane.
Centriforce Technology Corporation (CNFO.PK) will use wind velocity applied to salt water combined with a pressure differential to separate the water and salt molecules. Centriforce’s technological design is to harness the scientific power of the hurricane within the steel walls of Centriforce Technology processing unit to produce fresh water in the same way nature does with the power of the hurricane.
Water is not a renewable resource, as many people assume. Most fresh water is drawn from underground aquifers and not returned. As a result, reserves of fresh water continue to drop at alarming rates. Fresh water supplies in the United States and worldwide have all been tapped. No new major sources of fresh water remain undiscovered.
Global sustainability requires dynamic solutions to the worlds thirst for water before the crisis escalates in geopolitical conflict. Nations will rise and fall in power based upon the sustainability of their water supplies.
Contact
Centriforce Technology Corp. (CNFO.PK)
Waterford Business Park
5201 Blue Lagoon Drive
Suite 800
Miami, FL 33126
Phone: (305) 718-3330
Fax: (305) 397-2337
Email: info@cnfowater.com
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Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick Stock Watch report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc CRWE has received $2,500 dolllars for advertisement services from a third party for Players Network PNTV. Crown Equity Holdings, Inc. (CRWE.OB) has received two thousand five hundred dollars from a third party for 30 days of advertisement services for Centriforce Technology Corporation (CNFO.PK).
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Copyright 2009 Crown Equity Holdings, Inc. CRWE
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CRWENEWSWIRE.COM April 30, 2009
