Players Network, Inc. filed a plan of reorganization with related disclosure statement in the US Bankruptcy Court on September 9, 2020. As per the plan filed, administrative expenses claims, priority tax claims, United States trustee fees shall be paid full in cash. General unsecured claims will be paid 4% of their allowed claims over the life of the plan which is planned to extend over 5 years. Equity security holder of the debtor shall retain current interest in the company. The plan shall be funded through cash in hand.