Red Giant Entertainment, Inc. (fka REDG)

[rickn23]

If Benny were smart, he would get a new figurehead as CEO. It would probably drive new interest in shares. Maybe enough to get Northbrigde satisfied (unless they were able to get shares based on yesterday's market price). It shouldn't be too hard to find some retired business person (in Florida), in need of some extra money.

There are plenty conflicts of interest going on with REDG.

You mentioned the self dealing with Benny's printing company, Active Media. You didn't mention the extensive and (expensive) dealings with Glass House Graphics (REDG director David Campiti's company) or Keenspot (REDG director Chris Crosby's company). Then there were all the asset purchases made from all the directors of REDG.

Benny and the board of directors have a fiduciary duty to the rest of the shareholders. Generally, the only way to enforce it is to sue.