gimmeabrk and JDV57 and Tony (Edit) and Dmac9 I hope you don't mind me combining responses I'm on my last post.
gimmeabrk
You guys are looking at almost 4 months until November, probably longer until revenue is reported. That will probably be two bad quarterly reports. I would (face it everyone would) feel a lot better about REDG's prospects if Benny was fully transparent (not hiding behind NDAs.
If Benny has the money or a plan for raising it, tell the shareholders. If REDG has enough advertisers, tell the shareholders.
Considering the Giant-Size line isn't being started in July, yes, I don't think the net terms were accounted for as well as venues for giving out the comics and probably a few other things. If these things were considered we would not be hearing about them or left wondering about them. The plan would have been executed.
JDV57
Things could be different, now. But, I shopped at a lot of different Toys R Us' when I was a convention dealer. Cashiers make a big difference. I stopped shopping at K'Mart because the cashiers were consistently bad (not all of them, just most). For a long time I avoided Walmart, because of the same problem.
As a dealer I've seen plenty of free comic books at comic book conventions. The excess books from various giveaways made their way to dealers. I have quite a few X-Men comic books from a Pizza Hut giveaway. The guy I bought them from said his manager told him to throw them out. He brought them to a convention, going from dealer to dealer trying to sell them (I got stuck with them). My concerns are more valid than you think.
It also breaks down to whether the advertising is effective or not. If the comics are not reaching enough readers advertisers will take their advertising dollars somewhere else. You are right REDG would get money in the short term.
Tony
Thanks.
I read that as being a bagged comic book, not a Toys R Us bag for products (which would not work in places like San Jose or San Francisco where plastic bags are banned).
Dmac9
Yeah Tony pointed out the bags.
I preferred libraries as a giveaway point. We discussed it when REDG announced they were sending people to the ALA (American Library Association) conference.
