POW! Entertainment Inc. (fka POWN)

[rickn23]

Looks like POW! is looking to sign another first look deal:

Total operating costs were reduced overall by $108,381 in areas including decreases in wages and benefits, commission, and other general administrative. The reductions were offset by increases in legal and professional expenses of $69,327 relating to the Company’s exploration of alternative sources to replace the Silver Creek Agreement.

Page 13, under results for the 3 months:

http://www.sec.gov/Archives/edgar/data/1505892/000114420415049503/v417347_10q.htm

I wonder who they are/were in negotiations with. I guess we all know where some of the cost savings came from.

Edit
This money was spent in the three months of the quarter. None of it was spent in Q1.

Edit
I wonder if someone read this Friday and painted the closing price up.