Genius Brands International Inc (GNUS): So Sony sinks $1.5M into GNUS stock at m...

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Genius Brands International Inc (GNUS)

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Re: rickn23 post# 1600

Friday, 01/20/2017 10:13:45 AM

Friday, January 20, 2017 10:13:45 AM

So Sony sinks $1.5M into GNUS stock at market rates. That's about an 8% holding of company ownership.

$1.5M is Christmas bonus money to Sony.

Seems to show commitment from Sony to GNUS but it's not a terribly big sacrifice (or risk) in terms of Sony.

Market seems lackluster about it.

Rick, is this "big news" to you?

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