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With a fresh start, things may get very interesting here in the next few months.
No, it won't be. REDG still doesn't have a checking account. LOL. All revenue lines Benny Powell's pockets directly and REDG never sees a penny. It's a total scam. Has been from day 1. JNH, Toys R Us, zwag, that free comic thing....remember Benny's fever? LOL
Nice. Things are ramping
Your welcome.
I.like that ! Go redg
Thanks for the info.
Agreed.
I ran into the author of White Widow Comics at ECCC and he strongly urged me NOT to dispose/sell my REDG shares. He said there is a very serious process in place to restart the trading of the REDG stock. He could not get into details for legal (NDA) reasons. So all those who have lost faith in this REDG stock there is light at the end of the tunnel. As Mr. Powell fully stated in his Feb 23, state of the union video, they fully intend to restart the trading of the REDG stock.
Time frame when this will happen is unknown.
I am sure the insiders know it all and are keeping it quiet and close to their chest.
GLTA Investors in REDG.
Agreed. This could be huge
Lets hope we begin trading again soon.
GLTA.
Still here after a year so sure hope so. Positive vibes and new direction!
Great news!! Could be a nice runner
Ok thank you, I must have not looked in the right place. It is also on that last post I did at the bottom. Youtube vid.
I just checked on FB the state of the union is still there.
Dont know your guess is as good as mine.
REDG Reinstatement - Key Points From "State of the Union" Video - February 23, 2019
Reinstatement:
- Temporary, voluntary delisting from the OTC was part of an agreed way forward with SEC.
- It avoided the time and extreme expense of having to get delinquent filings, going back many years, up to date.
- All that is required now - as part of the deal with the SEC - is audited financials for 2018 & 2017.
- This will be easy and quick to do.
- CPA has already completed the all calculations - now with attorney.
- Reinstatement to the OTC will be 60 days after filing.
- SEC has confirmed all previously purchased public shares will be valid when the company changes back again from public to private and listed on the OTC as REDG.
Moving Forward:
- Significant problems were experienced in various projects and lines of development that involved reliance on external partners.
- Therefore REDG didn't have total control of the process.
- Moving forward, REDG will return to its core competencies with comic books as the baseline.
- As always, it will be a 50/50 partnership between the parent company REDG and individual creators.
Progress:
- The current and future business plan started with the creation of the Absolute "Universe" (a comic industry term for a range of items).
- Absolute Comics Group was formed in late-2018 to encompass all the new creations / characters that would form part of the Absolute "Universe".
- The first character is "White Widow" and Issue 1 was funded extremely successfully using Kickstarter.
- Kickstarter for White Widow Issue 1 reached its funding goal in only 13 hours.
- Kickstarter was also used effectively for "free advertising" to promote those interested in the product to go into their local specialist comic store and ask for it to be ordered.
- Demand greatly exceeded expectations. As a benchmark, REDG used demand for "The Walking Dead" - one of the most successful first issue launches in modern times - to gauge their expectations.
- They also printed 50% overstock over the initial pre-orders and these were all pre-sold before they hit the shelves.
- Second print run pre-orders for Issue 1 are still coming in.
- White Widow Issue 1 was also produced with over 30 cover variants for individual retailers. This of course appeals to collectors.
- REDG believes the demand is due to the extreme high quality of the product - foil / hologram covers, high quality and number of pages and content which is very "different" to everything else [see video for examples].
- Kickstarter for White Widow Issue 2 was launched on the evening of February 22 and reached its goal in only 2 hours.
- REDG considers it now has a viable cornerstone product to go public7 again.
- Absolute Comic Group will have at least 2 more titles in 2019 in addition to multiple issues and cover variants of White Widow.
- Assemby line is currently in St Louis where White Widow creator Jamie Tyndall is supervising "hands on" and is also an investor.
- Extremely good margins and profitability now make it possible to plan on getting a warehouse in Los Angeles - to be near to ports of entry and distribution points - which will reduce costs considerably.
REDG "State of the Union" Video - February 23, 2019
$REDG Temporary, voluntary, delisting ends in about 60 days - Red Giant Entertainment going public again now that new business plan with Absolute Comics Group a success. Catch up here with posts Feb 23 on then keep on radar for off-the-bottom take-off: https://t.co/Oeehmp4p2j
— OTCAlerts (@alerts_otc) February 24, 2019
Looked, nothing on the fb page for Feb 23. Do you think they deleted it?
Wow, hard to believe this is coming back. I had written it off! Hope for the best GLTA!
So since this board is back maybe we start trading soon?!?!?
Maybe they’ll start trading about 5yrs from now...by then the country will have moved so far left of capitalism that we won’t even have to worry about it.
If you all sell you will miss the runup. I believe they will only restore trading if they have some big investors buying into the co.
So, does anyone have an idea as to when we will start trading again? I would suggest that day may not be a good one as many are planning on selling. Anyone have thoughts on this? I for one have too much vested here
and will wait and see. I've gone this long holding and written it off as a lost cause.....whatever..I'm a glutten for punishment...………………………………………………………………………...
Go to Red Giant Entertainment facebook page. Then look at the "state of the union address" messge by Benny Powell the CEO dated feb 23, 2019. Go to the youtube video and watch it. Its 1 hour long. Benny Powell goes over all the latest great product developments and how they are going to reinstate trading the old REDG stock with SEC assistance. Sounds like he will honor the old stockholders REDG stock like what you and I are holding. This is truly saying much about Benny Powell having integrity. Tell folks to watch and jump on this stock when it starts trading.
ENJOY AND GLTA.
For reals? How they going to do that?
Check on facebook at this page: "Red Giant Entertainment".
Look at their latest state of the union posting.
Do you have a link. Good news
If you listened to Benny's state of the union video where he said our shares will be reinstated when trading resumes. This shows management has integrity and it goes along way for me.
GLTA.
Sounds great. So if we had redg ...will we still have redg if reinstated?
Roger that. Hope things are done in earnest this time around. Looking forward to some upward movement.
Folks,
Welcome to the Red Giant Entertainment Stock Board. The goal of this board is to discuss latest developmental issues with the Red Giant Co and its stock. I realize the stock has not traded in several months but it appears that the CEO (Benny Powell) and his execs are looking for ways to reinstate the Stock and the co as a public trading company. Lets hope we the investors and traders who are still holding REDG stock have better luck this time around. Let hope REDG is the cat with nine lives and it comes back with a big bang of success.
Good Luck to all (GLTA) and happy trading.
Stockman1010101
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