POW! Entertainment Inc. (fka POWN)

[rickn23]

It looks like the Disney first look deal will not be extended.

"Going Concern

The Silver Creek Agreement as described below in Transactions with Affiliates of the Walt Disney Company expires in December 2014. The agreement will not be extended beyond December 2014. The Company has sustained recurring losses in prior years. The current combined cash and marketable securities will sustain operations for only a short period of time. With the absence of revenue streams from the Silver Creek Agreement, these conditions raise substantial doubt about the Company’s ability to continue as a going concern."

page 12



I'm guessing that Mattel will take over. We will probably have to wait until December/January to find out.

Edit
Unless there is a planned buyout. I forgot that possibility.