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It doesn't look like they will get any at $0.026. And, the share price starts rising with very little buying pressure.
I still haven't seen any updates on "Kingpin: Reloaded", but, the better play might be to wait for "Earthworm Jim 4". It will be a new game and will be tied to the success of the Intellivision Amico.
WOW! Unlimited Media’s Frederator Studios Acquires Rights for New Preschool Series
New Adventure Series continues the legacy of popular, Multi Award-Winning show Maggie and the Ferocious Beast
https://www.globenewswire.com/news-release/2021/03/18/2195563/0/en/WOW-Unlimited-Media-s-Frederator-Studios-Acquires-Rights-for-New-Preschool-Series.html
Class action lawsuit update (March 17)
No membership. I use the free service. I do like the consolidation of institutional holders. It makes it easy to keep track of them (and who they are).
For the most part, I don't track institutional holdings. They tend to hold stock, unless there is something wrong with the company.
With GNUS, institutional holders are/were growing, which could have reduced the effective float for retail shareholders. I think this dip in holdings is only significant if others sell, too.
You should read today's 8K filing, if you haven't.
Institutional holding seems to have dropped. It was well over 22 million shares a few days ago. Now it is below 18 million shares. It isn't obvious who sold about 5 million shares.
https://fintel.io/so/us/gnus
IT’S A LIVESTREAM PARTY: Q&A with Michael Hirsh!
Class action lawsuit update (March 11)
Judge responds to enlargement of briefs.
https://www.pacermonitor.com/public/case/35867262/Verdin_v_Genius_Brands_International,_Inc_et_al
Arnold Schwarzenegger Video of my first-ever monthly newsletter. Must Read.
https://www.cweb.com/arnold-schwarzenegger-video-of-my-first-ever-monthly-newsletter-must-read
This is at the end of it:
Class action lawsuit update (March 10):
Motion to exceed page limit by Defendants (for motion to dismiss).
https://www.pacermonitor.com/public/case/35867262/Verdin_v_Genius_Brands_International,_Inc_et_al
Board of directors filed Form 4s for stock options, worth 20,000 shares each with a strike price of $3.06 per share.
https://www.sec.gov/Archives/edgar/data/1320604/000168316821000872/xslF345X03/ownership.xml
https://www.sec.gov/Archives/edgar/data/1355848/000168316821000873/xslF345X03/ownership.xml
https://www.sec.gov/Archives/edgar/data/1104036/000168316821000874/xslF345X03/ownership.xml
https://www.sec.gov/Archives/edgar/data/1253219/000168316821000875/xslF345X03/ownership.xml
https://www.sec.gov/Archives/edgar/data/1355848/000168316821000876/xslF345X03/ownership.xml
https://www.sec.gov/Archives/edgar/data/1355848/000168316821000877/xslF345X03/ownership.xml
https://www.sec.gov/Archives/edgar/data/1217908/000168316821000878/xslF345X03/ownership.xml
Baby Shaq (Shaq's Garage)
RealgadgetAndy Instagram
https://www.instagram.com/p/CMFbkp9gjZ1/
When I don't know why the share price is moving, I look where CEO Andy is trying to create a (pump and dump) buzz. For almost a year it's been the less regulated (wild wild west of) Instagram (so far out of SEC regulators cross-hairs)
WOW! Unlimited Media Strikes Deal to Develop New Animated Series Based on NY Times Best-selling Series Parasol Protectorate
Mystery and Paranormal Romance Set in Steampunk Victorian London
https://www.globenewswire.com/news-release/2021/03/09/2189294/0/en/WOW-Unlimited-Media-Strikes-Deal-to-Develop-New-Animated-Series-Based-on-NY-Times-Best-selling-Series-Parasol-Protectorate.html
Genius Brands International Issues CEO Newsletter
https://www.gnusbrands.com/news/press-releases/detail/1113/genius-brands-international-issues-ceo-newsletter
Mainframe Studios Announces New Senior Appointment
Kim Dent Wilder Promoted to Executive Vice President
https://www.prnewswire.com/news-releases/mainframe-studios-announces-new-senior-appointment-301239626.html
Genius Brands International’s Kartoon Channel! to Stream Weekly “Friday Family Fun Films” Featuring Five “Scooby-Doo” Animated Films, “Stan Lee’s Mighty 7” and Others, Starting March 2021
https://www.globenewswire.com/news-release/2021/03/02/2185445/0/en/Genius-Brands-International-s-Kartoon-Channel-to-Stream-Weekly-Friday-Family-Fun-Films-Featuring-Five-Scooby-Doo-Animated-Films-Stan-Lee-s-Mighty-7-and-Others-Starting-March-2021.html
I'm not sure why this needs a press release and 8K filing:
https://www.sec.gov/Archives/edgar/data/1355848/000168316821000749/genius_8k.htm
Edit
Oh!
CEO Andy put a Scooby Doo image on his Instagram page about 9 hours ago
https://www.instagram.com/p/CL5ymGcgz-b/
Just info,this project was started years ago. POW! had over 200 IP (intellectual properties) When Camsing (MH Development) bought them.
But, if any Stan Lee/Pow! Entertainment IP does well, I thin all POW! IP becomes more valuable.
Interplay's address is: 12301 WILSHIRE BLVD, SUITE 407
LOS ANGELES CA 90025. Business registration filings for California confirm this was the correct address as of the 2020 filing.
2020 filing showing no change from last filing: https://businesssearch.sos.ca.gov/Document/RetrievePDF?Id=02082819-28561213
2017 filing showing the current address:
https://businesssearch.sos.ca.gov/Document/RetrievePDF?Id=02082819-22755618
https://businesssearch.sos.ca.gov/CBS/Detail
The Q3 quarterly report for 2009 shows the 12301 Wilshire address. It's the first SEC filing using it. Interplay has occupied different suites within the building, but, that looks like the current address.
The move away from 100 N. CRESCENT DRIVE, BEVERLY HILLS happened some time ago.
Interplay is a Delaware registered company, but, Delaware wants you to pay for info.
https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx
‘Panda vs. Aliens’ hitting theaters around the world next year – Culture
By
Roberto L. Rucker
February 28, 2021
TV Kids February 2021
"Superhero Kindergarten" is on the cover with a GNUS article on page 46.
http://newsletters.worldscreen.com/digital-editions/2021-01-28/tv-kids.html
https://issuu.com/worldscreen/docs/tv_kids_february_2021/1?ff&hideShareButton=true
The Intellivision Amico Has Been Pushed To Autumn 2021
https://bleedingcool.com/games/the-intellivision-amico-has-been-pushed-to-autumn-2021/
New update! Find out which Super NES and NES games were added for Nintendo Switch Online members
https://www.nintendo.com/whatsnew/detail/2021/super-nes-and-nes-games-were-added-for-nintendo-switch-online-members/
It's hard to advertise to children.
CARU
https://en.wikipedia.org/wiki/Children%27s_Advertising_Review_Unit
GNUS cannot use programs as advertisement for merchandise.
Signs of life at Interplay:
"Mini Review: Prehistorik Man - The Stone-Age Platformer That Time Forgot "
Mini Review: Prehistorik Man - The Stone-Age Platformer That Time Forgot https://t.co/X03kCtzmli #Reviews via @nintendolife
— Interplay (@InterplayGames) February 17, 2021
Intellivision is Coming to Evercade
Nintendo Switch Online Review Crew: Prehistorik Man, Doomsday Warrior, Psycho Dream & More!
Earthworm Jim 4 first look [UPDATED & 60fps!] - Exclusively on Intellivision® Amico™ (205,344 views •Aug 10, 2020)
WOW! Unlimited Media Inc. Announces Grant of Stock Options
https://www.globenewswire.com/news-release/2021/02/12/2175179/0/en/WOW-Unlimited-Media-Inc-Announces-Grant-of-Stock-Options.html
Short interest on 1/29/2021 was 26,870,376, down about 1.6 million shares from 1/15/2021.
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest
You might have to re-enter GNUS symbol manually.
Today shouldn't look good. The SEC filings show more stock is out. You have the warrant conversion shares being sold, 39+ million shares and the selling shareholders were given new warrants for 39+ million shares. That whole deal sticks for retail shareholders.
The board members exercising warrant/options is of less concern, but is still of concern. They really didn't do anything to earn the stock.
I don't own shares and probably won't buy any. So my advice is worth what you pay for it.
I don't like GNUS's long term prospects. But, there is a mania surrounding the company, right now.
I actually think Q4 2020 revenue has a good chance of looking much better than than the previous three quarters of 2020. GNUS said they were selling Llama Llama season 1 to other broadcasters/streaming services. Netflix is also still streaming season1 and may have had to pay for that. So Q4 could look good revenue-wise.
It's hard to know what GNUS will look like for 2021, ChizComm's finances will mix in.
But, if Netflix did cancel Llama Llama, the big risk is Andy not telling shareholders bad news when it occurs.
Determining risk for someone else is hard. You are near the trading price, so it is somewhat risky.
But, I don't know what you are doing to mitigate the risk of holding shares. You might be generating cash by loaning your shares out for shorts. Or, you might have, also, bought options.
Only if you have a high cost basis for your shares. A lot of retail shareholders seems to be ignoring the risks.
GNUS has a lot of cash,so, unless ChizComm is a cash hog, GNUS should not be in danger of going broke.
CinemaBlend seems to think that Llama Llama was cancelled after season 2:
https://www.cinemablend.com/television/2460075/what-netflix-has-cancelled-and-renewed
The warrant conversion process was started over a week ago. It's known information. The beneficial ownership info shouldn't really affect the share price. It's board members exercising warrants and/or stock options.
The main effect occurred when the filing for the warrant conversion and registration for sale of the stock was filed (and made public) back on 2/2/2021. It stopped the rally cold. The share price backed down from $3.
39+ million new shares is dilution for existing shareholders. The prospect of another 39+ million shares from the newly given warrants is dilution-in-waiting.
Shareholders need to be careful. GNUS is getting close to obligating shares close to their authorized stock limit (400 million shares). GNUS will probably ask shareholders to vote for another increase in the authorized share limit.
More SEC filings:
D (amended beneficial ownership) looks like from board members. It declines to state how many shares.
https://www.sec.gov/Archives/edgar/data/1355848/000184473221000004/xslFormDX01/primary_doc.xml
FORM 424B3 (prospectus related to the shares offered from the warrant conversion)
https://www.sec.gov/Archives/edgar/data/1355848/000168316821000482/genius_424b3.htm
SEC Notice of Effectiveness filed. The registration for stock sale is complete.
https://www.sec.gov/Archives/edgar/data/1355848/999999999521000539/xslEFFECTX01/primary_doc.xml
Also, Anson filed an SC-13G/A
It looks like they sold their shares from the warrant conversion.
https://www.sec.gov/Archives/edgar/data/1355848/000119312521036242/d65221dsc13ga.htm
WOW! Unlimited Media Receives CRTC Approval to Revoke Broadcasting License
https://www.globenewswire.com/news-release/2021/02/09/2172731/0/en/WOW-Unlimited-Media-Receives-CRTC-Approval-to-Revoke-Broadcasting-License.html
Then, I doubt Interplay is still in the building.
What Are the Must-Play Steam Game Titles of 2021
https://www.euroweeklynews.com/2021/02/08/what-are-the-must-play-steam-game-titles-of-2021/
Who Really Created the Marvel Universe?