Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Red Giant Bags for Toys R Us
Does anyone know when the usage of Red Giant bags starts at Toys R Us in the gaming department? It was supposed to be in time for Black Friday, yet now with the Giant Line pushed to December, did the bags get pushed as well or will they still be in stores on time?
Penny_Island
WB/DC announces over 10 new comic book movies. None are REDG, yet it's good news for us as it shows a growing market for comic based movies.
https://www.yahoo.com/movies/warner-bros-announces-10-dc-movies-3-lego-movies-and-100086434652.html
Penny_Island
Where did they come from
I don't get on here that much as I know it's going to be November before we see much upward movement in terms of PPS, yet WOW, where did all these negative people come from? I come here for news and DD done by others who are investors in this stock. If you are not invested in this stock, why are you here? I can only assume one, you are paid to be negative, two, you are shorting the stock, three, you are just flipping it and trying to influence the PPS, four, you have nothing better to do. I have never met anyone who just wanted to hang out and comment in order to help others save their money by not investing in bad stocks.
Either way, I don't understand people calling REDG a scam or saying there is really bad issues with the company. I am an investor and that comes with a fundamental amount of risk. The higher the risk, the higher the return. Penny Stocks are VERY high risk and "can" offer VERY high return. In my opinion, after years in the Penny Stock market, REDG will be a VERY high return. I am not going to list out the numerous reasons why I believe this to be true as they have been listed endless times on this board.
For all the "new" negative people that have just appeared out of thin air. Unless you have a discovery that adds to the DD of this company beyond rehashing old known facts or opinions, please follow Thumper's Mom's advice.
I will see everyone in November for the first issues going out in TRU, the 10K which will have a little financial information on it, then the 10Q in early 2015 which will be golden aka copper to us.
-------Penny_Island
Factoring
Would be nice if we had an estimated date of the transition to the use of Factoring. When Benny said in the video he had to take out more of this toxic debt, I was not imagining anything near this amount in such a short time. At least I didn’t see the PPS dropping back down to near trips. Disappointed once again. November cannot get here soon enough.
Why no PPS movement.
My opinion. Even with the video, Benny said they want the toxic financing to be over in a few weeks when they move to factoring. That said, that means they took new notes and still may need more until that happens to keep the company going. So I expect the PPS to more or less stay here as these new shares continue to hit.
Look at this as the time to buy at the cheap, cause once we get closer to November and the launch, and then a financial report with break even or even profit, we are looking at $0.05-$0.10 easily in my opinion. Could it go higher, of course in the crazy penny world we play in. I think once we go to factoring, that means we are borrowing against more or less guaranteed future revenue we will see $0.01 over time (Sep-Oct).
That's not counting when the Murphy report comes out.
Just my thoughts for the day. Back to work.
My Takeaways.
I am glad to see Benny give this live tonight as you can read a lot more from him. He was clearly hurt that people have accused him of wasting money. He gave multiple examples during the video about how they are watching every penny. He discussed the notes how he hates them, yet to make the company work, they are necessary. He said he gave up leadership at his other company and is REDG 100% 18 hrs a day focused.
The good news is they are going to use Factoring very soon and REDG should be self sustaining within weeks.
He discussed movies including Last Blood. There are many deals in the making.
Video Games with Bandi, there is one title to be made for this Christmas season in contract and many more are being discussed.
The GSL with TRU is really a HUGE deal and WAS the big news. The GSL will be going to TRU and will be included in a REDG/TRU shopping bag for all purchases in the video game department. HUGE!!! TRU has their own distribution, so REDG saves a ton only shipping them to one place.
There are two different GSL every week, one for TRU and one for everyone else. There will be digital versions which after 3-5 weeks will be put into sets and sold online for worldwide distribution including in other languages.
CPM is $25-35 depending upon time frame. Double spreads, covers, inside of covers are more.
He would not sell for less than $1.00 even more ans wants to be listed one day on the NASDAQ for over $5.00 PPS.
He again said he is developing a long term company, not for short term and just to make money.
His Wife is head of Japan Needs Heroes and is almost done.
They are currently printing line #3 as they have to print this far in advance to make the weekly demand schedule.
Company should see profit out of the gate or at least break even!!! HUGE!!!!!
Murphy report very soon as they asked them to delay until after TRU and COMIC-CON.
No reverse split planned and no stock buy back anytime soon. A stock buy back would only happen if it made a real impact as the last one did not.
I think he was very honest when he said he hates giving false information and predictions, so when he had to estimate a release (July for GSL) it proves him right why they should not put that type of information out there unless it is correct.
*** I was impressed, you could see some small smiles when he starting talking about future things then realized he can't talk about it. He caught himself a few times. I am more than happy with his video. I think he answered the questions and laid out what the issues have been. Not as much future news as I would have liked, yet as he said, it took longer then they wanted or estimated, yet it is all coming together and it all starts November.
He was clearly not happy about the stock price and discussed the dilution multiple times. I am a long and I am glad I picked up as much as I have over the last few months. can't wait until November and then the first few financial reports following it.
My main takeaway is this. I have rallied against REDG leadership in many of my previous posts for no communication and the toxic debt. Benny impressed me tonight, he clearly knows what he is doing, he has a goal, a vision, has put the bricks down, and now is heading down the path and taking us with him.
All Signs To Profitable Out Of The Gate
Again, Huge. If not profitable, break even. Either way, HUGE!!!
Self-Sustaining within weeks.
That is huge!!! They are going to use factoring to pay for everything without any new notes in the very near future.
Investor Video Questions:
I would like to start a thread of everyone's questions for the shareholders video on the 31st. Also, please state if you submitted the question or not.
Examples:
Benny, what is the estimated quarterly revenue and profit from the Giant Size Line? (Not submitted)
Benny, What is the current state of the Wayward Sons movie? (Submitted)
My Concerns.......
I am glad to see that we have a shareholder meeting coming up. I just hope there is more detail then the last one, instead of just skimming the surface. I will give Benny that he has done most of what he said he would do in the last video. The only part we are missing is the GSL. It was supposed to launch this month, yet it looks like it will be November now. Glad it will be coming out and the TRU deal is great, yet a PR notice saying its being delayed due to TRU or something would have been nice. Again, I go back to the utter lack of communication from REDG leadership. I really expect to see revenue forecasts in the video or figures that allow us to make rough calculations as investors. At his point if the GSL is this far into production, etc estimated numbers should be available.
As I have said for MONTHS, this stock will not move much without revenue. Every time there is an event everyone on the board gets all gitty saying it will move. IT WILL NOT MOVE until we have revenue. Some news could add a little yet due to the massive dilution of the stock, ALL previous history is out the window as it can't be compared to the current situation. Until we see revenue, we won't see large PPS movement.
I am long and I expect to see revenue by the end of this year and profit early next year. PLEASE stop expecting for everyone to become a millionaire tomorrow and that it's Benny's fault your not. Companies always take MUCH longer then expected to build. I always thought Benny's timeline was ambitious, and now it is all coming together. Stay on the course and it will be rewarding for all.
We see TRU and the not really discussed Bandi agreement and both will be covered in the July 31st video, and a update of the GSL should come as well. I am excited and willing to wait until next spring. This is a long hold stock, hands down.
Coop
I agree with you, I didn't consider that with the guaranteed TRU distribution it would be a significantly better investment for advertisers compared to just comic book stores.
Fingers crossed for this week, yet I am long hold here. I added a lot of shares over the past few weeks. I see myself selling an initial chunk in the Nov/Dec time frame and holding the rest until about this time next year.
8K Question
I read the 8K another member posted and I have a few questions.
8K-Link
If you read it. It appears REDG is paying for everything. It appears that REDG traded distribution access for everything. It says REDG is responsible for everything and it reads that the TRU version of the Giant Line will have a custom TRU cover and one page TRU advertisement that is just given to TRU. If REDG wants shopping bags, co-branding, etc, it is again all done by REDG with TRU marketing approval. Am I reading this wrong?
Don't get me wrong as I stated in a previous post, we were probably trading for this type of access when everyone else was counting potential revenue. I am still very excited as this is the ground floor into a major retailer and it just means exposure, yet at what cost? It also gives us the ability to advertise within TRU in multiple facets as our product line grows.
I am just wondering if this is another reason for the toxic debt funding we keep seeing. REDG is picking up the tab for everything for free access, planning on throwing it into the market, and hope it works out.
Come-On BIG news!!! I think we will see it just before the start of Comic-Con so the buzz is fresh and sparks booth traffic.
One good thing out of the 8K is the fact that now in black and white REDG must deliver the Giant Size line in November to TRU, no options or delays. So that should be in stone. I think we see revenue this fall and profit in the spring.
Any thoughts?
Excited for the future.
I post on here now and then and I have always maintained that we will not see large PPS movement without revenues reflected in a formal financial report. I still believe this to be true, yet big news can move PPS based on the belief that future revenue is more or less guaranteed.
I am very happy with the Toys R Us announcement. I walked Toys R Us this weekend and did not see anything like Red Giant/Giant Size there, so the Giant Size line should stick out on its own, which is good to say the least. We don't know what deal was made to make this happen, yet with the increase in ad space per book, I would say we are likely giving them at cost ad space or discounted ad space as a trade for floor space in their stores.
I am disappointed in several members comments about this deal. Everyone here has been begging for news and updates, they get a hint of news and just complain and argue over what it means. REDG was over $0.20 a share without any revenue around two years ago if memory serves me correctly. We are around $0.002 currently. What do you think this will be with a decent amount of news and revenue, and ultimately profit. Buying in now at $0.002 is a steal as this news shows this company is the so called real deal in the OTC market. They have property rights, real products, connections, and experience in the field. You can't match that nor find it in many other companies in penny land.
I have continued my averaging down since my last post and I plan on continuing it. I think anything under $0.005 is a steal at this point and anything less then $0.01 a good deal considering where this could/should be in December and/or early spring at the latest depending upon the first financial report showing revenue.
To be honest, I am a very long hold and I don't care about price per page with ads. REDG leadership has the background to know what they need to do to make this work regarding this. I have said many times I have not been happy with the communication style of REDG leadership and I continue to say it. I don't care for this stringing along of so called "big" news and then twitter tid-bits that contradict other comments.
We all just need to sit back and wait for the so called "big news.
Good luck and here is to what is going to be a very interesting late summer/fall.
Justafy7,
Penny Land is hard to predict when it comes to PPS due to its volatility and ability for a few thousand $$$ to push the PPS significantly enough to trigger sell/buy orders. Not too mention those who short and pump penny stocks to no end. Thee was one group that drove REDG way up by making it their "pick" to get rich on and it went crazy high. Then it dropped as there was nothing on paper to maintain that PPS. Something many on this board will not tell you is they got caught up in that pump and got hosed. Therefore, they "have" to hold and average down, if not they will lose thousands, if not tens of thousands.
I bought originally at 0.09 and have followed it down. As I have posted before, I never expected REDG to go this low, yet here we are as we still don't have any proven revenue or profit. I think we will see a slight increase at Comic-Con, yet again it will sink again without the so called "BIG" news Benny has talked about since his Shareholder Video.
I know there has been some some discussion of the Comics not coming out in July, yet I am still counting on them coming out in July. If it doesn't and we have no "BIG" news or revenue, the PPS will fall off the chart..........
"IF" all goes according to plan and we get Comics, "BIG" news, and revenue (not necessarily profit), I think we will see 0.05, once we see profit, I think we will see 0.10-0.25 depending upon the sustainability of the revenue and profit lines.
To answer your question about me doubling down. I was waiting for .001, yet I think we could see as low as .0007 if something doesn't change in the near term. I don't know why people on here keep saying news is coming tomorrow, this week, etc. Truth is nobody knows when the "BIG" news will come out. It doesn't help the PPS and neither does some of the very negative comments on the forum about this being a scam, etc. A scam company doesn't have a product, doesn't attend/speak at market events, doesn't have lines of people waiting for their autograph, and products that make lists of comics to watch. Start-ups always face delays and funding issues, so I am not worried.
There is enough buying pressure (for now as Gimme has said) to eat up new shares and keep a short term floor, yet that floor seems to creep lower and lower, bump up, then return and sink a little lower each time.
I think we might see .001 this week, yet I think I am going to take my play money and buy Apple tomorrow and see if I can get a quick turn out of that for the rest of June.
Gimme,
I know I don't post on here often and I always appreciate the DD others around here do including yourself, yet this time I disagree. As a person who grew up in family owed businesses I agree with Mr. Campiti (too a point). Most on this forum looks at everything through the investment lens (yes, it is an investment forum), not the business lens. These are often different. Many times companies have stock just to raise capital and the price of that stock be dammed. Other companies, especially larger ones, care more about share price then anything else.
Usually start-ups which I still classify REDG as, have to decide what is most important and right now that is NOT the stock price. REDG is focused on growing the business and their actions show this (however delayed and limited products and news are). As an investor I can see how that is hard to swallow, yet I knew that going into this well over a year ago given the limited amount of information and releases that were out there.
A one time investor video doesn't cut it, yet given the size of the company, I can understand it. True, I think REDG should have a "true" formal investor page on their site providing news/weekly updates, yet again, this is one more additional duty for a very small staff to undertake when they are trying to grow the business.
We often think things are simple and easy, yet as a person who has run small and large teams, there is so much work on the back end for every little thing that a company puts out (legally) it can eat up hours if not days of peoples time. I for one would rather see REDG focusing that energy on growing the business versus answering every question on a forum that someone has made a mountain out of a molehill because they think they found something out of place or can't make sense of it.
As I have said in my previous posts, I do believe REDG will bounce very high and sustain a decent PPS. However, this will not happen until income is reported on a filed financial report. Until then it will continue to drop slowly from dilution and lack of interest and REDG will be forced to take more and more of the same toxic debt they have previously.
For full disclosure, I have over 8/9 million shares of REDG and looking for the right time to double that number.
Good Luck REDG--------->>>>>>
Why did the REDG share price drop?
As I have said over and over again, the share price will not go up until we see revenue and it will not explode up until we see profit, aka black on an official financial report.
I have spoken multiple times now about the toxic debt and the lack of trust between management and share holders. This 8K just further supports that. New investors will NOT get "in" on this stock until this toxic debt stops or at least a list and formal time line is produced to shareholders so ALL debt is 100% transparent, so we (the investors) know what is coming.
Again, I have over 8mil shares and first bought REDG at $0.09, have followed it down for well over a year, and leveraging all the way below $0.003. I was considering picking up another 3-4 million shares this week with the drop, yet to be honest with this last 8K and the promise of "big" news again from management, I think I am going to hold as is.
We have been told "big" news is coming that can't be talked about for a LONG time. The same thing was said in the YouTube video last year. True, many of management's promises have come true, yet again, until revenue is shown....... I don't need to repeat it again.
In addition, I don't think the "big" news is a merger, a buyout, a reverse split, etc. I think the "big" news is a move deal of some type or a co-project with a major company or studio.
I don't think there is any issue or delay with the new Free Comic Book line. When you sell ad-space, certain things like time lines etc are in the contracts, so it's not so easy to just decide to move advertising dates, etc. I would say there is a better chance they were printed at cost or at a loss, then a delay.
I also would not read too much into the type of advertisers, such as BBC, LEGO, etc. Yes, they are great to have, yet these types of companies advertise based upon a cost/distribution calculation. If the price was low enough with a large enough distribution number to segments they target, they would of course go for a small company. I have picked up some off the wall publications that have had large advertisers in them.
I do believe our new marketing guy is responsible for these "big" name advertisers, yet I don't read anything beyond a professional connection. I don't see a future deal, etc out of it. Business is business. A name and reputation can carry a lot of weight. If he calls people he conducted business with in the past and said I have ad-space to sell for a good price that covers this demographic etc, of course they will buy it. Believe in the company, not rumors or the good idea fairy. I have learned the good idea fairy usually cuts both ways and usually disappoints.
Just my $0.02.......
I wish I could be on here more, yet I do not sit at a computer during the day, so I only get to read at night and on weekends. Again, thanks to everyone who has taken the time to do a lot of research/digging things up.
As I stressed last week, we will not see an increase in share price from FCBD an likely not from COMIC-CON or movie info either. I have over 8mil shares and have been here since it was $0.09 and leveraged down all the way. I have eaten a LOT of red here and still have high hopes. It will go up and be a giant, which is why I am still here! I do think we found the bottom though around $0.003.
However, as I said before, due to the trust being burnt between investors and management with late filings over and over again, changes to filings, and hidden toxic/convertible debt, nobody will touch REDG without solid financials at this point. Even if they have a product and other penny stocks don't. REDG had its run based from PR last year. Those days are over and only solid finances will turn it around.
Looking at the last quarterly, they have almost no funds and spent more then ever while revenues were way down. This was done to create the FCBD release and the first run of the free comics. I understand you have to spend money to make it, and I support this. However, this tied with everything else that has happened to REDG over the last 12+ months regarding finances, the price is not going anywhere without solid "black" financials or significant signs of sustainable revenue.
I am expecting a solid showing of revenue in the next report, yet I think we took a loss for FCBD and likely ran the first order of free comics at or near cost or a loss just to get it going and the name out there. This will show solid financials and sales however, which is what we need to continue. The next financial report after that (this fall) is where we will see BLACK and a $0.05-$0.10 share price. Just my $0.02.....
Any opinions welcome and awaiting the Murphy report like everyone else.
Stevo, I agree. True, REDG has a lot of irons in the fire, yet we have not been told what those deals entail or potential revenues from them. Media companies, especially when they are small or starting out, will sign onto projects just to get their name out there. They may be on-board with a project, yet not receive any revenue or very little. This is part of building a small business. Again, I think the past issues with the financials and debt are what have created the current environment that good news doesn't seem to be able to move the share price.
I further agree with the group, that a lot of penny stocks don't have products etc, yet that is a major problem here, you can't compare penny stocks. You can for short term pumps, yet not long term business plans. You have to evaluate on the merits of the individual company and its short and long term goals/strategies. If we say look at the comparisons, then say we have a new model nobody else has for revenue, how can you compare? You can't.....
Again, I support REDG and believe it will be successful, yet this $1.00 talk within a year I believe is stretching it and just pumping. I wish it would happen so I could retire, yet I again think it is all tied to positive revenue over the course of one to two financial reports from now showing initial revenue from the comics, then a second showing sustained advertising revenue/support.
Again, until we see real hard revenue aka black and detailed investor information released by management for each deal (what are we going to see from it revenue wise) its just smoke/news.
Go REDG!!!!!
I am driving an hour this morning to pick-up a few free comics for my own hands on research.
New poster, LONG time lurker.
I have been watching REDG for well over a year and first bought in at $0.09 and have followed it all the way down and gone VERY red in the process. I have increased my position a lot over the last few months averaging down. I currently have just over 8 mil shares. I have never posted on here, yet feel I should get involved.
I have seen all the back and forth on the board over the last year or so and I guess I have a different view of REDG, ignoring all the pumpers, bashers, and seemingly bi-polar lover/haters depending upon the day.
I always knew this was a 1-2 year hold as the goals put forth by management has always been long term. True, I never thought share price would fall this far, yet I have just viewed this low share price as a GREAT buying opportunity.
In my opinion, FCBD is not going to increase the share price and neither is COMIC-CON 2014, or the near term movies. REDG has filed too many late and bad quarterly reports, made revisions, and hid a lot of debt and other debt agreements from shareholders. This has more or less created a toxic environment for trust between investors and management. I am looking forward to the independent Murphy report, yet all the hidden debt caused a significant amount of distrust for me and I think that was/is shared by those who have been holding REDG for over a year. I know I felt lied to/misled by management.
Therefore, UNTIL the company shows profit aka black in a financial report, the stock isn't going to move that much. New investors need proof at this point, not just good news. Could REDG see $0.01 before a formal report, yes, but likely not. I fully expect to have to wait one to two financial reports from now to see real movement in share price.
Why do I continue to invest if this is my view? As I stated above, I am long-term and I see the potential for REDG and I believe the management is going in the right direction, even if it took a while to get there. I see REDG hitting $0.01 to $0.05 on good news and the first quarterly report showing profit or significant revenue. I think following that, if we get another good quarterly or news of confirmed advertising agreements we will see $0.10 to $0.20. From there, I can't estimate without further information.
I give these ranges as right now all the company has going for it (money wise) is the comic book advertising revenue stream. True, there are movies such as Magika coming out, yet this is direct to digital download such as Netflix, I don't see that being a huge source of income or movie hit without a massive marketing plan to go with it, which I have not seen planned, nor can REDG currently afford. Yes, I understand REDG is more then a comic company with other movies and products "planned", yet until these other products bring in revenue, REDG is just that, a comic company, as that is what will be the backbone of the company in the short term until other revenue streams mature. We must face it, if this new free comic business model doesn't produce, REDG will find it hard to recover along with the share price. I am investing on my belief that it will work, yet it is a RISK.
Just my two-cents. Not saying I am right, and trust me I would love for this to explode to $1.00, yet I am a realist given the current situation. The current lack of new investors, even on good news, would support my opinion, and as a few others have said, until we see profit or significant revenue on a financial report, the rocket isn't taking off.
All the best, thank you to everyone for all your research and links you have posted, and go REDG!!!!!
I am open to any other opinions or having a discussion, yet I will not get into an argument or name calling. I am an investor, here to make money, and here for the exchange of information so we may all come out ahead, nothing more, nothing less.......