Player’s Network Announces Nearly $500,000 in Convertible Notes Have Been Retired

Debt Holders Including KBM/ Asher, LG Capital, Typenex Have Been Completely Eliminated

LAS VEGAS, NV / ACCESSWIRE / JUNE 30, 2015 / Player’s Network, Inc. (OTC: PNTV),
a vertically integrated, diversified, fully reporting public company
operating two complimentary portfolios of Media and Cultivation,
Production & Licensing of products relating to Medical Marijuana,
announced today that the company has reduced its debt and paid off; KBM / Asher $200,400, Typenex $104,000, LG Capital $50,000. Other positions reduced include WCH $60,000, Group 10 $30,000, Tangiers
$47,000, for a total of $491,000. This was accomplished by the payment
of $146,400 cash and the balance through conversions over the last 3
months.

C.E.O. of Player’s Network, Mark Bradley noted, “Entering into
convertible debt agreements with lenders was necessary to obtain capital
that advanced the operations of the Company. Many of these lenders have
become great partners believing in our plan and the long-term growth of
the Company. Unfortunately, some lenders dramatically misrepresented
their intention in order to acquire
our account. We have taken action to retire these lenders to lessen our
debt as well as to decrease shareholder dilution. We continue to have
notes in place with select companies that have a proven track record
with us and have shown themselves to be good investment partners who
care about our Company’s success and market stability.”

Bradley adds, “With the abusers gone, we expect our market value to
rebound to a share price that more closely reflects the Company’s
significant assets and opportunity’s at hand. Most immediately those are
to build out of our subsidiary’s Cultivation and Production Facilities
that has been expedited by the recent passing of Nevada Senate Bill 276
Permitting final State approval. These operations will provide PNTV with a strong source of revenue and recurring cash flow along with the monetization of our IPTV
platform and Weed TV channel. Given the recent market volume, I also
suspect there has been short selling against the anticipated market
supply from these notes, which now retired should have to be covered in
the coming days. The Company is making great progress and is planning
an in depth shareholder and investor update after the 4th of July
holiday that will include several exciting developments. As always we
are committed to long term capital growth of the Company and creating
value for our shareholders.”

About Player’s Network:

Player’s Network is a diversified company with holdings in both Media
and Medical Marijuana. The Company uses its proprietary Enterprise Web
Platform to develop Branded Digital Lifestyle Television Networks for
itself and its partners in a wide range of lifestyle categories.
Player’s Network’s current original channels, “Player’s Network,” “Vegas
on Demand,” “Real Vegas TV,” focus on the Las Vegas and Gaming
Lifestyles. These channels are distributed over PNTV’s owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD,
and through worldwide television syndication. The Medical Marijuana
assets are primarily through the Company’s 80% ownership in Greenleaf Farms Holdings, and PNTV’s newest channel, “WeedTV.com, which focuses on the rapidly expanding cannabis community. For more information please visit www.playersnetwork.com.

Statement under the Private Securities Litigation Reform Act:

With the exception of the historical information contained in this
Release, the matters described herein contain forward-looking statements
that involve risk and uncertainties that may individually or mutually
impact the matters herein described, including but not limited to: the
ability of the Company to increase revenues in the future due to the
developing and unpredictable markets for its products, the ability to
achieve a positive cash flow, the ability to obtain orders for or
install its products, the ability to obtain new customers and the
ability to continue to commercialize its products, which could cause
actual results or revenues to differ materially from those contemplated
by these statements.

For further information contact:

Media Inquiries:
Lisa Mayo-DeRiso
702-576-2659

Investor Inquiries:
info@PlayersNetwork.com

SOURCE: Player’s Network, Inc.

ReleaseID: 430276