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Thank you very much AJH92 and definitely appreciate the detailed trading breakdowns daily. I will do my best to keep up on the latest evidence that can help. docg
SooS, I provided links to prove those numbers are correct from experts. It's not me making them up. Can you provide the links from your sources that are proving those experts and research wrong? If so, I will retract all my points about the estimated downloads.
But if not, I guess if you don't believe appannie statistics, an expert in the field of apps, or the research paper devoted to estimating # of downloads in the app store using statistical analysis then it really doesn't matter. We simply have different opinions and we'll just have to wait for android because even if they say they have x number of downloads it won't be believable by some here. With respect, thedocg.
SooS - one point I will correct is the idea of downloads and not a big deal being #1.
No we can't tell the exact number of downloads for POWfolio as I have pointed out quite a few times.
BUT we can for certain say that an app in the top 25 for the category POWfolio is in must have at least 1,230 downloads per day! That is a fact. Unfortunately it is from Dec 2013, but if you read the article I linked it to, we can safely say POWfolio is most definitely getting AT LEAST 1,230 downloads per day - and that is only for an app to reach the top 25 in the United States - they are not counting the downloads and rankings from other countries.
I realize the caution, skepticism - we know the past, but some things are definitely real and POWfolio to me the product we can track more accurately with third parties and not have to rely on REDG to tell us.
Downloads to reach top 25 per category - see the first chart - books
sorry, won't have time to get other updates out. good day to all. docg
LOL, it'll get easier when POWfolio is on Android and you can at least read some old school comics while venting woes about the ceo.
POWfolio now has 22 publishers in Golden and not even going guess how many issues of comics they have - not titles, they have about 444 if I counted correctly. They have over 40 publishers total too right now. It's a good start in my opinion - just not fast enough for OTC pennies. off to enjoy some golden age comics for FREE - another day closer to Android! docg
No doubt MC, the share structure is not the best scenario one would want. For those that have been here a while I don't feel it's that they don't understand, but rather believing in the products to overcome that size of a structure.
It's no secret I believe in the products at this point, especially POWfolio, but believing in them and changing pps are two different things. I'd love to see that needle move no doubt. But as has been shared many times over and feels like we're beating the dead horse so to speak - it's the passed for some combined with the share structure and filings for the new people.
I shared on another board that at this point due to those things, plus the current dilution, these levels are certainly very prime in my opinion. And then it becomes the risk/reward factor. If people feel the risk is too great this point without filings getting current, and without seeing the actual revenues in a filing, then they'll stay on the sidelines. If people feel it's not really that big of a deal to throw $500 - $1000 here with the thought the reward will come because they believe in the products and they believe the revenues will show positive growth - then they are the ones who are going to buy for that the reward.
The intangible group is simply the day-to-day traders looking for that volume and momentum and jumping in long enough to get their cut and get out.
Just really is a waiting game now at this point until something other than a facebook post proves something. I do believe, and hope I am not wrong on this one, that the approx 10,000 subscriptions are there. But to me POWfolio there is absolutely no denying it's impact already due to third party statistics analysis. All the research I found has shown it is tough to get an app in the rankings and even tougher to be a top 25. POWfolio has been a top 15 now for over a week and now seems to be set on cruise at that level. People can hate the app but those rankings are concrete and you can't get there without solid downloads as part of the process. At least 1,230 downloads per day to be top 25 in 2013. My opinion is they are getting at least 10,000 downloads a week world wide if they hold this spot.
Sorry for the long response, lots to cover. good evening, docg
Duke, can you clarify why you think "it's certainly not great or a game changer" with regard to POWfolio? Without any specifics it just sounds like you are throwing out a bash to bash it without any substance.
What would make it great in your opinion? Glowdot definitely wants to know what you would want to see in the app if you feel it lacks something.
And the issues with content is already understood - it doesn't have Marvel or DC or Valiant. It doesn't have current modern at all because it's purpose is to be FREE to read. That aspect of the bigs is definitely understood - We all know it only has one (Image) of the big publishers from modern.
I really liked Rickn's way he explained his points of not liking some parts of the app - such as guided reader and POWfolio does not use that type of reader format. Personally, I don't like the guided reader and prefer the zoom function that POWfolio uses.
I've used Comixology, Marvel, and Dark Horse - and aside from content. POWfolio is the best app in my opinion for reading for me. But it is just my opinion.
Hopefully you'll take the time to share some specifics about the app.
thedocg
In my opinion we can only prove 400 million on top of what was confirmed today. So, 6.865 billion at this point is my guess. Without the auditing and current filings anything else is just speculation just in my opinion as well. docg
REDG - no change to O/S. Has remained the same from 4/27/16 to today 6/2/16 from both confirmed phone calls to the TA. The last confirmed change was early april (sorry, didn't have the date written).
Early April O/S 5,875,934,020
O/S 6,457,000,695 (6/2/16)
Not sure why the O/S would not change at all after the Hoppel settlement went through a week ago for 400 million shares.
Thanks AJ for continued detailed trade reports! thedocg
POWfolio June 1st world rankings from appannie.com (free books category)
top 100 in 3 countries (U.S. Slovenia, Finland)
top 500 in 16 countries (Pakistan, Kuwait, Qatar, Kazahkstan, Mexico, Belgium, Italy, Denmark, Russia, Turkey, UAE, Sweden, Malaysia - notice 7 new added to the top 500)
top 1000 in 22 countries (India, South Korea, U.K., Canada, and France)
#1 comic app in the app store for a full week straight.
See article Downloads to reach Top 25 in App Store it includes the number of downloads for an app in the FREE BOOKS catagory, which POWfolio is in.
Article is from 2013 (and with the growth of the app market according to the article, these numbers are most likely higher today).
To reach top 25 in 2013 - 1,230 downloads per day. POWfolio has been a top 15 app for a full week straight and continues that trend today.
We are a long ways from where many think this will go, but please realize POWfolio is indeed Global and continues to rank well enough to have sustained downloads. See info on revenue projections based on # of downloads.
AND this is without Android yet!
good day, thedocg
Markiplier effect will be long lasting, but also will have at least 5 different avenues to draw revenues from based on the contract agreement. I just reread the entire agreement and last portion (Base Royalty) gives it away as to the plans REDG has for Markiplier material.
"Net Revenue Percentage Share
Print Book Publishing 50%
Compilations and Reprint Book Publishing 50%
Translated Book Publishing 50%
Webcomic Supplied Advertising Revenue 50%
Digital Book Publishing 50%
[url]
https://www.sec.gov/Archives/edgar/data/1411179/000116552716000749/ex10-1.htm[/url][tag]8k link for Markiplier contract terms[/tag]
I know it has been discussed already as to what they plan to do, but I thought I'd lay it out in black and white - REDG is going to significant revenue out of the Markiplier effect in my opinion. I think it will get bigger and better once the first book is out and the first zwagbox is shipped. But image once Markplier is attached to POWfolio, which if you look at the 4th one - Webcomic Supplied Advertising Revenue - that is POWfolio!
Yes, it has been brought up before, not trying to lay claim to old stuff, but I just thought I'd share again since it has been awhile and with new eyes checking in regularly. REDG in my opinion will have a lot of different revenue streams with Markiplier - not just the book on shelves and zwagbox or the poster.
The only problem - and coop you said it last night - just have to wait for it! docg.
Daily Download numbers to be a top 25 app in the App Store!
I have found an article written by an expert in the field of apps. See Elaine Heney's Bio to see why her numbers are absolutely reliable data. Disclaimer - she uses the term estimation as well.
The article from 2013 on her website is How Many Daily Downloads Does It Take To Reach The Top Of The App Store?
Here is an excerpt from the main one we need regarding Free Books Category! To reach the top 25 ranked in that category in the US, not in other countries, as of 2013 the app needed 1,230 daily downloads - this does not include any downloads outside the United States. Unfortunately I haven't found a newer article to show the more current. But a clue to realize the number is higher is the part of the article that states:
"A lot has changed since then. There are now more than 1 million apps in the App Store. With more apps and more downloads, the numbers required to reach the top 25 charts have changed substantially."
That was 2013 - should be safe to say there are more apps, more downloads and those numbers required to reach top 25 are even more substantially changed - meaning it takes more downloads per day to reach that top 25.
POWfolio was just off the mark at #28 on the 24th of May. It cracked the #25 the next day and has been in the top 15 consistently for 6 straight days. In 2013 an app needed 1,230 downloads per day just to reach the top 25. If that holds true for today at the minimum, that means POWfolio is estimated to have 8,610 downloads per week (that is calculated only for being #25, POWfolio has been #13 4 of those 7 days. They have had solid top 100, 500, and 1000 rankings throughout the world (at least 15 countries the last 3 days, not including today).
I am going to give my opinion as to an estimate based on the year of the article, much higher ranking than #25, and adding the global ranks.
A safe estimate in my opinion is going to be approximately 10,000 downloads per week minimum if they can stay in the top 25 ranking.
A significant reason I like this estimate more than the other best guess is the fact, experts did the analysis NOT ME! And put a hard number to the exact category we needed (FREE APPS in BOOKS Category). That is a number from the experts.
Of course, as the article restates as well, we can't answer it for exactly for a given app with out apple or the developer giving us the number, which I hope gets to us once beta Android comes out.
In the end, it is great news to see more concrete numbers to base an estimate on, and POWfolio is still #1 and rolling around the world!
good evening to all. thedocg
Thanks OTC Knight - need some more of those at a steady pace to keep it rolling. docg
POWfolio continues strong Global ranking for books/free category.
It is a top 100 app in 6 countries as of May 31st:
United States, Slovenia, Finland (new listing to the ranking at #32 for that country), UAE, Qatar, and Columbia (new listing to the ranking at #93 for that country).
POWfolio is only available in iOS, so people should really consider it's impact and downloads/usage potential once Android arrives (very very soon, just a few minor details to finish up and it will be out on beta)
good day, docg
Ya, Android is massive no doubt and I am certain they definitely feel the same. My personal opinion I think it will be. I am thinking we hear from the end of next week as to Android beta - just an opinion of course. That would get the release date out just in time with not much room to spare.
I'm not familiar with Android googleplay requirements but pretty sure it's not as hard core as apple so shouldn't have any snags from them as we did with apple.
keeping the fingers crossed we get it! thanks justafy, take care docg
Yes. the ranking is exactly that. I wish I could copy past the page. I tried a screen caption but the print was so small you couldn't see it. Then doing regular took multiple screens to see the whole thing. just a mess.
As far as I can tell the app store for each country is set up exactly the same. It is apple's set up actually, just converted for each country obviously. The ranking is daily by the way so I am going to keep tracking as best I can.
I tried figuring out an estimation of downloads based on the research paper and it came out to about 900 downloads per day for the US (rank #14=4385 for top paid apps ranking #14. free apps garner 10x the downloads - 4385 x 10 = 43850. The book category equates to 2% of the app store. 43850 x .02 = 877/day at rank #14.
I highly doubt that is correct, but using basic math principles it might be a rough estimate. That would be the amount per day just for the United States by the way.
docg
REDG product still #1 app in app store (books/free category) Ahead of Marvel, DC, Comixology and all others. They are ranked #14 in the category overall. Download numbers are not being released so it is near impossible to calculate revenues until we know the download data.
Share structure is 12 Billion A/S and O/S 6,457,000,695 (5/27/16). Just over half a million is restricted.
Volume is holding steady with an uptick today and some convertible debt selling.
I recommend reading AJH92's daily trading summaries as those are quite intricate in knowing how and who the trades are involving.
thank you for allowing me to post Chris. I am humbled by seeing the experience you have here. Hopefully my posts will be helpful and I promise to keep them limited. all the best, thedocg. Sorry I let my subscription go so I don't have PM any more.
That timing is going to be tough coop, I do agree. I guess we all know getting current is extremely important, but getting current and also trying to maintain the most positive outlook is going to be the real challenge. One way or another the ugly has to get done, but if we can get the good out right after and right before the con I really think that would work. Kind of a back to back filing I guess if that ends up being possible.
I absolutely agree though from what we've been saying a while now, getting those hard numbers in for a full quarter will really change the dynamics, and pps in my opinion - so long as.....you know the rest. good evening coop! docg.
POWfolio still #1!!! A Red Giant Entertainment co-owned product continues to outrank the moster comic book apps (Marvel, DC, Comixology, Manga Storm and others) and as of tonight is #14 overall in books/free category.
I wish could say how many downloads it has received but it is next to impossible to attain with out extremely deep pockets. I have confirmation via a phone call from appannie that to get that information it would cost 15k annually to access it. Yes, 15 thousand dollars will get you access to the top 25 apps in the book category. It includes all download data and revenue estimates for all top 25 apps and that includes global downloads and estimates.
Pretty incredible data and I see why major companies use appannie for investment analysis.
We will have to wait for REDG to release the data or Android release.
I will still get appannie statistics regarding World Rankings and here is what is showing as of yesterday (appannie always takes a day before updating their stats) for POWfolio:
top 100 in 3 countries (Slovenia #15, US #15, Qatar #16)
Top 500 in 12 countries (Denmark #157, Sweden, France, Russia, South Korea, Canada, Italy, United Arab Emirates, Lithuania #435)
Top 1000 in 17 countries (Thailand #504, Pakistan, Turkey, India, Germany #992)
The rankings fluctuate greatly in some countries. For example Russia and France increased almost 700 spots. Vietnam dropped almost 900 spots and off the top 1000. Canada was on, then off, and now back on at #342 for their country.
What I feel is important to follow is not only what countries it is staying in, but also the fact it is still truly global. Remember, localization will happen down the road - meaning REDG and Glowdot will put resources into making POWfolio more region specific if the numbers warrant the cost. For example China is not on the list anymore, but we already know they plan on beefing up Manga when they do go full on for the Asian market - most likely once Android is ready as well.
When trying to think of revenues - go back to the models that estimate revenues based on downloads. I wish Rick Strom had a numerical definition for "pretty big numbers" - that would make estimating much easier.
In the mean time we should feel confident about the global coverage POWfolio is showing.
Sorry for not being in as often - been extremely busy. the best to everyone here. thedocg
Thank you greatly AJH92 for this breakdown. Your point of the debt conversion being taken care of quickly with average volume is very valuable in my opinion. It truly shows how fast a note holder can sell their shares and get through conversion pretty quickly. The sooner the better in my opinion, especially before comic-con. I would love for the next stage to be getting filings current before comic-con as well, but not sure if that is possible. If we can get both to happen before then I really do feel those investors that have been sitting and watching would then finally come on board. At least in my opinion. thanks again, thedocg
REDG worth a second look if you are already familiar with them. A first look if you are not. I've been in since 2014 and through the ups and downs. In my opinion the next 6 - 8 months are going to be very interesting.
Consider checking out the information page on our board as a lot of time has gone into the DD regarding projected revenues.
In short, Red Giant Entertainment has 3 revenue streams going right now:
#1 Markiplier (youtube star with over 13 million subscribers) 4 part comic series restarting the Giant Size Line after several failed attempts to run with the original concept (free with ad supported comics). The advertisers just weren't enough to get it solid and the last attempt in Nov. 2014 failed. Hence much animosity, fear, and mistrust of the ceo. But many longs see the failed attempts as the past and now that these revenue streams are in full swing there is support with caution going forward.
#2 Zwagbox monthly subscription service. See the website ZWAGBOX and especially the info video. The first 4 months are featuring exclusive covers to Markiplier comics plus other special items only available with the subscription. Partial proceeds will be going to charity. A post from the company stated they have approximately 10,000 subscribers already. Markiplier did a one minute plug that garnered nearly 2 million views. This saw a major uptick in web traffic to zwagbox and more than likely attributed to the high number they are seeing already. Some point out, unless we see numbers in a filing then it is just a number. That to me is the risk/reward factor here and whether you feel the company is being truthful. In my opinion I feel they are simply because Markiplier is attached to the brand at this point and he has a massive following to protect.
#3 POWfolio - the #1 ranked comic book app in the app store category books/free. It has seen a high of #11 in that category overall and a low of 21 in the last week. In the last 6 days it has held stead around #13 which is above other monster companies and their apps (Marvel - owned by Disney, Comixology - owned by Amazon, and DC comics) POWfolio continues to be ranked above all three of them in the app store. This product revenue stream is the most significant long term. It is only available in iOS right now but Android Beta is "very very soon just a few last minute" fixes to get it out. The iOS beta lasted one month. Android beta should be same amount of time and then it too will be on the market and collecting revenues. This product is a partnership with Glowdot Productions and Red Giant Entertainment. Red Giant will get a minimum of 25% of revenues and maximum of 75%. 50% goes to the comic publishers of the comic being read at the time the ads are popping in the app. So, Red Giant gets at least 25% for being co-owners of the app. See the download revenue projections for more details on this. If you are curious about the product simply download it in the app store, it's free - but again need apple device. They do plan on being on ALL platforms - kindle, windows phones, PC, etc...Glowdot stated early on this is the Spotify of comics. Right now the app does not garner a lot of big name publishers. But they do have the #3 company Image. Right now the jewel is the thousands of Golden Age Comics. Red Giant uploads hundreds of new issues daily by the way.
Hopefully this sheds some light on what is going on with REDG. One big drag is the share structure. Instead of doing reverse splits, the ceo increased the A/S so as of last friday the O/S was 6.5 billion shares with a note holder executing a 400 million share settlement claim as well. So the O/S will increase close to 7 billion. As far as filings, they are not current unfortunately but they are far from in the dark. With the revenue streams now in play they are working on getting to that stage - hopefully by this summer.
The share structure definitely is a draw back, the restricted is just over half a billion. But in my opinion with what is going on now in terms of revenue streams, and the trading level we are seeing, this could, in my opinion, certainly move well as July approaches (the major comic book of the year San Diego Comic Con and Red Giant and Markiplier are going to have a panel discussion at the event). That is going to be significant.
Thank you for taking the time to check this out and for the note Chris20. Good luck to all, thedocg.
POWfolio continues to stay #1 comic app in app store/books/free category. Very good to have eyes who may not have thought of POWfolio seeing it right next to or near the other big names in comics.
For this week I am seeing some "guarantees" being made. Thank you Tlsmd for helping clear that up.
Hoppel settlement was done last week per the conference call, but as of Friday afternoon when I called the outstanding shares had not changed. So they may change this week, which was already expected. Any new eyes here, this is not a surprise out of the blue. Hoppel exercised a complaint in April to get his money from REDG even though the note was not due to December. That part was a surprise. The settlement was reached as has been shared.
Now we move on with a share structure near 7 billion - as expected based on the DD many have done.
The bridge to cross now is looking at the three revenue streams:
Markiplier series, ZWAGBOX, and POWfolio. Not to mention an additional influx of revenues from an exclusive Markiplier poster.
IN MY OPINION it is way too difficult to say if this will run this week or not. But the bridge will to cross to in my opinion is going to be from July to November when hopefully we get hard data from - also hopefully - getting current filings. We have a long ways to go, but these revenue streams are making that possibility much more possible IN MY OPINION. good day all, and thank you to all the service men and women, as well as families connected to the sacrifices of war. much respect, thedocg
Can't wait! That will make it so much easier to see how this grows. I see POWfolio still #1 comic app in app store/books/free category AGAIN! As I way saying before - the actual ranking isn't as big a deal to me at this level, so long as it holds strong with the others. The fact free apps can expect "10 times" the downloads as pay apps we will get people grabbing it simply by browsing the app store. I really hope REDG or Glowdot give us something down the road. Glowdot at least made it very clear on facebook - "No" to the question of sharing download numbers. thanks coop, another day closer to Android I say! docg
Thanks number_9. We'll keep things going forward. Unfortunately it's looking like a sure thing we can't get any actual download numbers unless they give them to us at this point. But apptweak said it looks like their company will be offering that data to subscribers. Right now you have to own the app to get that information. Appannie is the same but I am waiting for some follow-up to see if they plan on offering in the future as well. Apptweak said probably Q3 of this year, so looking like fall. I'll be checking in later for that. Would be great information if can get it. Thanks again, take care, docg
Absolutely mymonies. That is great to see. Going to be really exciting to see how it progresses and impacts at Comic-con in 2 months. Docg
That's right! Thanks Dmac, forgot about the flow through Amazon. I'm still excited to see POWfolio is all over the world, pretty cool. And not to mention for the last week it's the #1 comic free reader app! Take care! Docg
Clearing up some questions about POWfolio estimated downloads - maybe!
My previous post was really just for conversation and should NOT be considered what I think IS the actual download numbers.
A couple problems with trying to make it so is that the research first focuses on paid apps versus free apps. They looked at the top paid apps in the app store and didn't touch the free stuff. Another problem is (as duke pointed out) its based on the top-paid apps overall. They don't categorize. The research included some talk about the other categories only because they were trying to figure out a cross-correlation between the phone and ipads in terms of ranking. Obviously POWfolio is not a top overall app. To be fair, there is NOT a single comic reader app in the top 500 for Paid or Free. Marvel is the highest grossing comic reader app at #410 and DC is 2nd at #474. Now they do have comic based game apps that are up there but that is no comparison. And NO comixology was not in the top 500 according to appannie for either area - (free or grossing), which I was surprised it wasn't at least top 500 for grossing revenues.
Now, the last part is why I went ahead with the numbers for conversation: from the research paper I linked to earlier
"6.3 FREE APPS
Our approach so far has focused on the demand estimation for the paid apps that are placed on the top 200 bestselling list and overlap with the top grossing app list. Another extension of this work is to
estimate the demand for free apps, where the overlap with top grossing list is purely because of the inapp purchases. Since free apps attract over 10 times more the volume of downloads,it is even more lucrative for app developers to infer the extent of revenue generated using in-app purchases for free apps."
The fact free apps can attract over 10 times more volume makes this at least interesting even though in actuality POWfolio's rank should fit into the formula due to it's a free app and not in the main all app heading.
If any others feel the estimating is a bit too controversial I'll just delete them and move on. I'm actually working trying to get access to actual download data via appannie so we'll how that works out. Also trying to see if I can get it via other app analytic tools.
enjoy, time for some POWfolio reading in the meantime! thedocg.
Justafy, appreciate the vote of confidence. Rick Strom actually pointed out on this topic of focusing on negatives (what the app doesn't have - DC/Marvel/Dark Horse/etc...) versus the positives. He made it really clear all the talk in chat and on Facebook about question/pointing out what POWfolio doesn't have was not helping at all. As he put it, they know what they are doing and we should stick with the positives that are going on instead of the negative.
Past can't be changed, we learn and move on, and hopefully not repeat past mistakes. No secret I am very happy with the last 3 months progress. Of course I could complain about the o/s and the recent hoppel note but it is not going to change it. In my opinion, with the major products now being delivered, it is more important than ever to truly support this company more than ever. I'm sure that statement alone will get me some "good luck with that with benny at the helm" comments. Well, I guess I just say, "thanks" in reply and move on. I am very aware of the past and had REDG not produced these revenue streams I most certainly would have sold at a loss and moved on.
I am so glad I stuck it out when I heard POWfolio was in the pipe! best to you justafy. docg.
I'll follow up more a little later about that duke. In the mean time please re-read what I said about the numbers, research, etc...in short, I already said the formula was for paid and not Free, So had this been a time when I was earning my PhD my advisors would have done what you did - sent it back! but before completely dismissing we have to seek out other aspects that might be at least worth discussing, which they would have pushed me to find. Hey BTW, you never did get back to me on what you think I missed on those notes either. Docg
POWFOLIO estimates (please read my notes about how and where these numbers come from so it is not misunderstood - these are ESTIMATES only):
Ranking: using formula from research paper in LINK number of iPhone downloads = 52,958*rank-(0.944) Also note, the research was 2011 and tied to the paid apps. The variance for free apps is explained in the research but you might need to be a math professor to figure it out. Please do not consider my numbers as THE numbers - it's just for conversation based on factual research for paid apps in the app store. I'm not trying to put out false info or put out bogus information. It's simply for discussion! So here it is.
using the formula above:
Rank: estimated #downloads for that day
12: 5072
13: 4702
14: 4385
15: 4108
16: 3865
17: 3650
18: 3459
19: 3286
20: 3131
21: 2990
22: 2862
23: 2744
24: 2636
25: 2536
28: 2279
POWfolio has ranked 13 in app store for 5 straight days. Based on the formula (see research banking this ESTIMATE process) here is the downloads estimates:
May 25 - 29: rank 13 4702 x 5 = 23,510
May 24: rank 28 = 2279
The ranking at release was 183 (the day the app store went down!) Then it was all over the map for the next two weeks with a low on May 17th of 1493, then shot up to 126 on the 20th. Then of course hitting 28th on the 24th and then 13th on 25th and pretty much staying in that range since.
So, total downloads (ONLY IN THE UNITED STATES) for the last 6 days has been estimated to be 25,789. ESTIMATE only!!!!!
There is no way to accurately determine #downloads in the appstore, which for some people, might say, "then why the hell put these numbers out!" Conversation and if and when the numbers do get released we could see how close we were on the figures. The only two that have download information is apple and Glowdot.
To get conservative with the numbers if ranking holds downloads roughly 20k per week minimum at this point. It definitely wasn't 20k per week out the gate in the US based on rankings data, but now that it has held steady all week. It looks very good. If they hold the ranking in iOS up to comic-con that is roughly 200,000 downloads just in the U.S. by then, which equates to a minimum of $10 grand every 21 days (see stanford research above). So, if that is just the U.S. then we can definitely predict it be higher simply by knowing it is world wide and continues to be ranked globally in at least a dozen countries.
So, what do we think they have now? a good estimate globally (just my opinion) would be at least 50,000 based on appannie rankings the formula above.
Been interesting trying to figure out a rough number. Going to be really easy in comparison once Android hits because at least they give a rough amount to go by.
All in all it is a great piece to have for the REDG puzzle to get filings current (which are not going to be pretty until probably fall). But I really like have these products generating revenues going forward - much better than the past as many here have and are debating even today.
have a good rest of the holiday weekend if you are in the states and safe travels, best to everyone who follows our board, thanks, thedocg.
POWfolio data from Appannnie: Sorry, didn't realize you guys couldn't see the links I sent. It's pretty easy to do a free access registration and really neat to see the data from all the different countries. The rankings change daily based on the data compiled by appannie, which as I mentioned before one of the tops in the business for app analytics.
As of May 28th: for the iphone category free books
top 100 app in 3 countries: 13 in U.S., 78 in Lithuania, 85 in United Arab Emerates
Top 500 app in 10 countries: Phillipines, Qatar, Thailand, Pakistan, Turkey, Indian, France
Top 1000 app in 12 countries: Mexico and Russia.
Canada and United Kingdom dropped out of the top 1000 ranking for those countries as of May 28th.
The rankings will continue to fluctuate greatly in some parts of the world. Of course we would like to see a ranking like we have in the U.S., but we have to realize, all the material is English speaking driven. I was surprised to see Canada drop as fast as it did considering the U.S. is so strong. But it could be some marketing going on that has helped the U.S. aspect.
Next post is ESTIMATING downloads and revenues. BTW, I will try to keep up if I can with the appannie statistics, just to get a feel for how POWfolio looks globally. Sorry, didn't have time to got back and track Marvel and Comixology., docg.
Crap! Sorry OW and everyone else who tried my link for appannie. I didn't realize it would require you to sign up. I created an account just to check things out, which was free. I'll try to do a page capture when I get some time.
Basically, the info showed POWfolio ranked in 22 countries, including China, which was at the bottom. Still pretty cool to have complete confirmation POWfolio is around the world; maybe not in every country but definitely global.
Have a good weekend, and safe travels to everyone who might be journeying. Docg
It does depend OW. Hope you don't me jumping in. Each country has its own ranking. The appannie link I gave should show. Sorry, just on my phone so can't check myself. Most countries it was in the hundreds. 22 in top 1000 for apps under books category. US ranking is what we've been going on. Hope that helps. Docg.
POWFOLIO IS ABSOLUTELY WORLD WIDE!
Check out these appannie statistics: And by the way, appannie is one of top companies for these statistics.
POWfolio appannie stats
I'm not sure how anyone should question if POWfolio is world wide and making an impact with these stats. And imagine, this is only for iOS. Android version in beta at anytime according to the last update "a few last minute details" according to a facebook post on POWfolio.
You can't get download data because that is only for the developer and apple. See my other post about a rough Estimate and not to be taken as concrete according to that research paper.
So, ZWAGBOX 10,000 subscription and POWfolio without a doubt world wide
Here are comixology and marvel's statistics from appannie - and remember POWfolio has only been out a month compared to those two monsters who have been out for years! And POWfolio is a FREE to read app unlike the purchasing format of those two. Just thought it would be interesting to see how they rank. Absolutely didn't and don't expect to be in the same league world wide - YET!
Marvel appannie stats
Comixology appannie stats
ZWAGBOX numbers - POWfolio ranking continues - Markiplier Poster Incentive!
Lots of action for sure to be excited about. We get to do more estimating with these new numbers for sure. 10,000 subscribers, Mr/Green your analytics definitely were in line. I know Rick Strom shared the ranking is really meaningless unless under 10,000, but I wonder if the other aspects would hold true, because it seems from your analysis some can be taken from those statistics that really show some strong connections - 10,000 subscription roughly already in one month! Wow! great start indeed. Only a month and a half to the deadline to order that first zwagbox. 10,000 in one month though....wow!
And I have some cool stuff to share from appannie statistics for POWfolio! In my next post. docg
Ya it's a cratejoy platform, not sure why they don't. No word on other platforms, just android right now is any day now for beta. Docg.
Yep, in top free apps, then select category books and make sure free is selected.
ESTIMATE # of downloads for a given day in the app store:
There is NO WAY to calculate the actual downloads, but some believe we can ESTIMATE the number see the following article and research paper linked.
Estimating downloads in app store article
[url]
papers.ssrn.com/sol3/papers.cfm?abstract_id=1924044[/url][tag]Research paper supporting the estimate formula[/tag]
Ranking: using formula from research paper in link number of iPhone downloads = 52,958*rank-(0.944)
Rank: highest POWfolio reached as far as I know was 12. Lowest 25 as I just checked
12: 5072
13: 4702
14: 4385
15: 4108
16: 3865
17: 3650
18: 3459
19: 3286
20: 3131
21: 2990
22: 2862
23: 2744
24: 2636
25: 2536
This is just an ESTIMATE!!!!!!! And this is only for any given day. This is only used once it has a ranking in the app store. There were downloads before the ranking and those are not calculated in the formula.
Might as well have some fun figuring out the ESTIMATE they've had just this week since they were only ranked starting this week as far as I know.
enjoy! thedocg
POWFOLIO is a massive product for REDG and people need to really consider it's impact in my opinion.
Please check out some of those articles and information behind the rankings and why it is important for them to stay in the mix in the app store.
Now consider this. POWFOLIO is an app developed by a partnership between Glowdot and Red Giant. Now look at the other two apps that they are next to today Comixology and Marvel. What is the big difference between those two app's companies that own them and ours?
Seriously, start considering how big this is for REDG! Comixology is owned and operated by a company (Amazon) that trades $713/share and has a $336 Billion market cap, O/S 471 million. POWFOLIO is next to Comixology in the app store. NO I am not saying they have the same downloads, revenues, users, etc...But read those articles on why it is important to be there. One is that some people will simply go to it because it's there not because they were actually searching for it.
Now consider the other app that POWfolio happens to be in front of today, Marvel (owned by Disney trades at $100/share and has a $162 Billion market cap, O/S 1.62B). Again, by association they are getting attention.
Yes the share structure is a factor without a doubt, that is why I listed them for amazon and disney. Part of the point is, REDG has developed something that is on the shelf with other companies who have billions of dollars in resources.
POWfolio app, which is sandwiched between Comixology and Marvel today, in the app store will have increased downloads simply by association and favorable ranking in the app store. I am not concerned whether they stay at #1 #2 or #3, but more that they just stay with the others. Millions of eyes will see that logo on a daily basis when they were not even intending on looking for it, simply because it is there.
I hope my post makes sense. I realize the past, not excusing it or forgetting it, especially with the 400 million added today, but everyone has to consider the impact we are getting simply by being in that app store next to those big name brands!
REDG trading at .0004, has an app (product generating revenues) in the app store that sits right next to apps from companies that are complete monsters! And this is BEFORE it is released in Android!
Go REDG!!! best to everyone, thedocg
Skail and SooS. The younger generation is definitely reading comic style books!!! I say style because it is really Graphic Novels that kids read. Some are much shorter, and fall into line with what a comic is, but others are full out graphic novels. Our Middle School language arts teacher uses them. And rough estimate is at least half our kids read them on a regular basis. The Manga books are ridiculously popular with the kids as well.
Now the big bridge here is POWfolio makes it digital and FREE, which is how kids will gravitate to it.
I am not a comic expert at all - I leave that stuff up to many of you here who know the front line business. But I see first hand what students are reading and interested in and this area is definitely up there alley. Just a matter of time to get to them. Once it really hits, it will become a signifcant addition to the revenue source for REDG via POWfolio in my opinion of course. good day. docg
A couple points for today based on a lot of discussion I am seeing:
- O/S did not change. I called yesterday late afternoon. So, the Hoppel 400 million share settlement are a question mark. We just don't have the information. (Edit - thanks rickn! It must have popped after I checked because it wasn't there before. glad it's in and done and can move on now. Get the crap out of the way!)
- POWFOLIO daily ranking (today #2 comic app at #15 comixology #14 and Marvel #16, Manga Storm is #17) in app store is absolutely significant. But it is pretty complex in how it works. I attached some links to check out how an app gets it ranking, but also if it means anything. As long as POWfolio can stay in the mix with the other main comic apps it is an absolutely win win. Read the articles to see why this is important. And it is basically what Rick Strom already told us as to why. YES IT IS IMPORTANT!
App store ranking deconstructed
Google search list of 'does a ranking in the app store mean anything?
- Proprietary product: I did a patent search a while back to see what I could find about this. The aspect that can be proprietary is the compression engine (the code and algorithm used to compress the images and decompress them for streaming optimizing). I'm not a patent lawyer but just on a basic level, Glowdot probably has the rights to the proprietary part as they did the coding to come up with this new compression to stream high quality. Streaming is not new, but they may have improved it with new technology and the new technology is the proprietary part. Here's a similar patent about compression, one of the others is Jacob Strom, not sure if they are related, but it is techy stuff so you never know:
Patent example for compression of images
- Markiplier impact: absolutely important and the print series is important, but due to Red Giant's past of being webcomic based, and what they already shared, their material will be available digitally just don't know when. Non-the-less, his impact is huge with 13 million subscribers. The youtube video he promoted his comic in ZWAG has over 1.4 million views. Any time he does a plug we can guarantee eyes. We just can't guarantee how much in sales yet. We'll get a better idea after his first two comics and zwag are out.
Only a matter of time for REDG and I am really glad I'm in at these levels! I have another post focused solely on POWfolio - serious this for others to keep in mind. good day, thedocg