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Thanks BigBlackDog and Dr-T for the kind gesture. Very true many others contribute all in meaningful ways to help make this a strong board. Some great things for REDG right now. We still have a long ways to go but it is definitely a nice thing to see 3 strong revenue streams at work! best to you all, docg
AMAZON is linked with POWfolio!
You are correct Tlsmd. This to me is another major step and should be major news again!!! For those who do not think this is major, you really need to consider the connection here.
POWfolio now has the purchase option included and it is working!!! I only found one that wouldn't pop, unfortunately, it was Vault for me. But all the others went directly to Amazon and purchase options.
The buy option is not for every comic though at this point. It is for select issues at this time, but it is there and it is working!!!!!
It appears to offer two main options for purchasing:
1 is the digital (kindle version - comixology) which I believe would be a download of course no different than any other purchase digitally
2 paperback from various comic retailers who are listed as having the item for sale.
For example: one issue I pulled up Hoax Hunters
$11.99 for vol. 1 sold by amazon prime digital service (kindle/comixology)
then offers all the other usual amazon options, such as see other volumes, other options to buy
The paperback just gave you a big list of shops and people selling the paperback issue - standard list you would find for any other new/used books.
A nice feature is clicking done and it takes you right back to POWfolio.
This is another feature they talked about, but was not in place at the beginning. It has been added and will be expanded as things progress. Just add it to the GREAT NEWS that has happened and continues to happen with REDG!!!
MORE options for the consumer, and more options for Revenues!!!
good day, thedocg
POWFOLIO "BUY ISSUE" feature!!!!
I just shared with dmac9 that POWfolio now has a buy issue feature for some comics, not all. I didn't see it for Goldens yet. It showed up for the vault, an image comic. When I was done I went to rate it and noticed the buy issue feature was added.
It's not clear yet if it is fully functioning. I tried but it didn't finish for me. Just went to a spot that looks like you'll purchase through app store I think. Didn't fully load so not sure.
Just the fact it is there means it is coming and we can expect even more revenues!!!! What a great surprise at the end of that one! Docg
Awesome stuff Dmac! I have something else awesome to share that I just found in POWfolio:
The BUY ISSUE feature has been added!!!!!! Strom is saying we have pretty big numbers now! Revenues Dmac!! Docg
POWfolio and ZWAGBOX updates to share:
ZWAGBOX has now passed 1,800 people as a fan base on facebook and still rolling with the 100 people per average. We are just over a month and a half until the deadline to get the first box and in one month it is pretty safe to say there are AT LEAST 2,000 subscribers to ZWAGBOX. The info youtube video is over 6,700 views as well. NO I can not claim subscription numbers as fact - it is just my opinion.
POWfolio - it is now confirmed in the chat feature from Glowdot that we have "a pretty big number of users" which is still cryptic but to say the number is big has to be substantial. Strom is not going to throw out that comment unless he is comfortable with using it. It's been very clear from the very beginning how he and Glowdot operate, so to me, this is very very significant! Hopefully we'll get to find out what "pretty big" actually means in terms of a hard number. To be conservative though, I don't think it is in the million range at all, only because that is a major milestone and I would think they will definitely shout that from the room "1 million downloads!" So, I don't think we are there but in my opinion over 100,000 is a very very safe estimate. Most likely higher considering how he operates.
OH, and POWfolio added another 200+ issues and more publishers - Now we have almost 40 publishers totatl. The most recent in Golden was St. John Publications ( Abbott and Costello comics is one of the main titles from that publisher.)
Of course none of this is really official subscription or user numbers until a filing states it. So, I'll beat whoever is going to jump in and make that correction for me.
time to enjoy me some POWfolio: good evening thedocg
O/S 6,457,000,695 (5/25/16) just called the TA. Has been the exact same since at least 4/27/16 when I called then. There was a jump from early April though OS 5,875,934,020 early april 2016.
I also called Lake County, Florida Circuit Court to see if they could verify the conference call for the settlement went through regarding Hoppel and his 400 million shares. The clerk stated there was no cancellation sent so it is assumed the call went through as planned. If it hadn't, the cancellation would have been sent to her, as she explained to me. The call was at 9:30 AM EST and was scheduled to last about 5 minutes.
So, the current O/S should see an increase to 6,857,000,695 once the shares are on the record through the TA. Not sure when that actually happens, just figure he would want to get them in play relatively quickly since he already decided to file a complaint 3 1/2 months into the notes that were not due until December. I will call again either tomorrow or Friday to verify.
good day all, thedocg
Absolutely World Wide Mr/Green!
POWfolio is World Wide and as Rick Strom from Glowdot pointed out, they eventually will consider localization of the app once they have more solid numbers and what resources to put to those markets - such as translations to those languages. They made the app very user friendly as he put it 'the play triangle symbol' the 'x' symbol' etc... standard things that are pretty universal. But eventually more specific language translations down the road.
Incredible stuff to think REDG is trading at .0005 and we have the #1 Free Comic Book Reader app in the app store!
More great things to come, and thank you for the continued work you put in to get the news out there. good day my friend, docg.
Thanks Tl, ya, I do consider the hoppel settlement positive (only) in the sense that it is done and we can move on and put it behind us with the great things happening now.
Yes, definitely agree the Glowdot CEO has earned some serious respect in my opinion with how they have delivered and keep delivering.
The tweet, in my opinion was pointing out that POWfolio is already better than spotify in how it pays out. My guess is that spotify, pandora, and any other platform that uses ad generation for revenues only shares a very small percentage of those revenues with the publishers/artists. I think Rick Strom was pointing that POWfolio is already better because of the percentage - (50% going to the publisher). At least that is what I think was the intent. Makes sense, because I believe I heard, sorry haven' researched, the percentage those platforms have with their content providers. Sounds like it is extremely small in comparison. Which makes POWfolio very enticing. They are seeing it has potentially becoming a larger revenue stream than digital sales of the content. That would be pretty staggering if that happens.
Interesting stuff to say the least. docg
Manga most read by Asians and Android of course has the most market share. Yes, great combo when POWfolio gets both. Good day! Docg
REDG product has major milestone today with their POWfolio app.
#1 Free Comic Book App in the App Store as of today 5/24/16!
Ranking:
#18 POWfolio (which means POWfolio is the #1 Free Comic Reader App in App Store today! No other comics apps were listed above POWfolio under top 200 free/book category.)
#19 Marvel
#20 Manga Storm
#21 Marvel unlimited
#27 Manga Rock
#33 DC comics
#40 Manga bird
#48 Manga Fox
#123 Dark Horse
#150 Manga reader online
#164 Manga reader
#196 Manga University 101
This listing is under books and free and the top 200. Notice the amount of Manga - Glowdot productions, also co-owners of the app made a specific statement about Manga and regarding Asian market. when POWfolio is released for Android. Work is being done to eventually be going after Asian market and Manga with Android!!
The share structure is not the greatest close to 7 billion. But considering the success of POWfolio, this should garner a second look at REDG considering it is trading at .0005. POWfolio is less then a month old. Not to mention REDG has two other major products making a significant impact already. good luck to all, thedocg.
POWFOLIO RANKING IN THE APP STORE TODAY #1 FOR ALL COMIC APPS listed in free apps in books category!!! (edit: powfolio reply about 9:30 to question regarding Android beta release: Powfolio We still don't have a firm date, but we're really really close." Just a few last minute details." So close!!!!!!!!! Back to the ranking below.
#18 overall for free apps under the book category, which is what the apps are categorized as.
Here is how they are ranked as of 10:52: (you can see the ranking yourself by going into the app store. Select top free apps. Then select category:books and then select free at the top of that list again and it will give you the top ranked free apps under the book category)
Ranking:
#18 POWfolio (which means POWfolio is the #1 Free Comic Reader App in App Store today! No other comics were listed above POWfolio.)
#19 Marvel
#20 Manga Storm
#21 Marvel unlimited
#27 Manga Rock
#33 DC comics
#40 Manga bird
#48 Manga Fox
#123 Dark Horse
#150 Manga reader online
#164 Manga reader
#196 Manga University 101
This listing is for listed under books and free and the top 200. Notice the amount of Manga - what was mentioned earlier regarding Asian market and Manga and when POWfolio is released for Android? - going after Asian and Manga with Android!! The only unfortunate aspect is having to wait to get there. Nice place to be compared to where REDG was 6 months ago.
good evening everyone, off to explore the 7 new Golden Age publishers - btw rickn, Vault has my interest - I am a fan of Curse of Oak Island on History Channel, and this comic is a nice story connecting history.
thedocg.
Lol! Nice view haul. I agree 100%. Excerpt from Rick Strom and Michael Eng from Glowdot: 'we are going after the Asian market is eventually with a large Manga section...' Android will be absolutely huge! And the fact it is all free reading!! Coaching is the word haul! I believe that million downloads mark will be very low once that happens.
BTW, did you or others notice a tweet they sent out about the app already being better than Spotify as far as payouts. I'm going to look at it again because I'm not sure what that means.
Thanks again haul, good find, docg
Outstanding point Tlsmd! That is a great way to show POWfolio truly is #1!!! Hands down #1 and it will is not even close for FREE TO READ COMICS!!! Love it Tlsmd!
Is it a good idea to review potential revenue projections? And I am saying POTENTIAL! I am NOT saying they are receiving for sure right now because we won't know for sure until the filing states it. taking your lead Tlsmd just so we are clear for others
Great day for REDG!!! Docg
Great idea coop!!! I don't have twitter so I guess I should sign up to help the cause. Needless to say I believe POWfolio is on its way and just think it's before android! Revenues!!!!!!!!!! Docg
I will agree with you there duke and seepalms that it is a misconception regarding shares issued equating to debt paid off so to speak. It is in the sense that shares were issued as a form of payment but does not become official until the filings states and shows they were indeed converted to a sale, at least that's how I understand it. I am definitely NOT saying that as of today they are debt free - not a chance at all of that being reality, especially with filings not current. I do believe all the notes we know about have been issued their shares and I guess that's our major disagreement. We'll all know for certain as time progresses. Docg
POWFOLIO #1 in the app store today!!! Posted in the POWfolio Facebook page an hour ago!!!!!
I would think this will lead to a surge in downloads, but just my opinion.
Good day for REDG!! Docg
Duke and Seepalms, I do understand them, but I make clear it is just my opinion. I am not a finance manager, nor an investment manager - that is why I am clear to state IN MY OPINION. That said, the at least 4 others you are referring too have all been issued their shares based on the same filings you are referring to.
Please share the exact ones you are referring to and I will gladly double-check my claims and will retract my statements if you are indeed correct.
The conclusion I get from reviewing them all is that they (Iconic, LG, JSJ,JMJ, WHC, and Typenex (which is JFV, Red Cliffs, Typenex combined in last 13g) have already been issued their shares in 2015.
So, as I have been stating numerous times here, and neither of you has put out the specifics as to what I missed, I am basing MY OPINION, and what I reviewed and to the best I could figure out based on that information. Neither one of you are stating with details where I missed - which I am happy to be corrected, just show us the details. And please do not pull the "it's in the filings if you understand line". Below is something to follow up your DEBT statement - that to me was way more misleading then my opinion about notes being done.
You stated Red Giant Entertainment is in "DEBT" to the tune of over 12 million dollars! Here is where you got it from and others can decide for themselves if you are correct or me: (I did the bold.)
From 10Q/A filed 7/20/15 notice it states "deficit" as opposed to "debt":
NOTE 3 - MANAGEMENT STATEMENT REGARDING GOING CONCERN
The Company’s revenues are insufficient to meet its operating expenses. The Company has incurred net losses of $1,222,538 for the nine months ending May 31, 2015. Accumulated losses, to date, resulted in an accumulated deficit of $12,535,541 as of May 31, 2015. The Company has a net working capital deficit of $4,530,541, as of May 31, 2015, and cash used in operations of $582,979 for the nine months ending May 31, 2015. The total stockholders’ deficit at May 31, 2015 was $4,508,940.
notice the "current portion of debt" actual debt as opposed to deficit
NOTE 5 - CONVERTIBLE NOTES PAYABLE
The Company entered into several lending arrangements with lenders, each with convertible features. The Company evaluated the terms of the convertible notes in accordance with ASC Topic No. 815 - 40, Derivative and Hedging Contracts – Contracts in Entities’ Own Stock and the underlying conversion features that are indexed to the Company’s common stock. The Company determined that the conversion features meet the definition of a derivative liability and therefore bifurcated the conversion feature and accounted for it as a separate derivative liability. Therefore, the Company recorded a derivative liability and recognized a debt discount on the notes on the origination date. The debt discount was recorded as reduction (contra-liability) to the Convertible Notes Payable. The debt discount is being amortized over the life of the notes. Additionally, the notes called for an immediate withholding for service charges, which has been treated as an original issue discount or deferred financing costs, a contra-liability charge, which is amortized as finance cost over the life of the loan. Interest expense, in the amount of $412,835 and $867,114 was recognized for the amortization of derivative debt discounts and deferred financing costs for the nine months ended May 31, 2015 and 2014, respectively.
A derivative liability, in the amount of $3,233,991 and $3,518,650 has been recorded, as of May 31, 2015 and August 31, 2014, respectively, related to the notes. The derivative value was calculated using the Black-Scholes method. Assumptions used in the derivative valuation were as follows:
Weighted Average:
Dividend rate
0.0 %
Risk-free interest rate
0.069 %
Expected lives (years)
0.069
Expected price volatility
497.25 %
Forfeiture Rate
0.0 %
Summary of Convertible Notes Payable:
Original remaining outstanding principal
776,490
Unamortized deferred finance costs
(3,784 )
Unamortized debt discounts
(104,349 )
Total
668,357
Current portion of debt
668,357
Long-term debt
-
In closing, I know we will disagree about REDG, pretty clear. At this point, not much more to debate unless you clearly show where I went wrong with how I am seeing things. If neither of you want to then that's fine, we'll just move on. I would much rather focus on the positives going on (POWfolio, Zwagbox, and Markiplier series) then continue to get stuck on this. always wish everyone the best regardless, thedocg
Thanks, yes, was the case, just too busy to stay up on it. It is great to point out they are the #3 publisher on the market. To me that is the proverbial foot in the door so to speak to open bigger titles from Image and also the get other top ten publishers. I'm hooked into Eerie now, just crazy how good the stories on that series. I have checked out vault yet but will give it a look. Thanks again rickn, docg
Thanks Rickn for helping heroguy, was just going to reply and seen yours. Good start and should get more as things progress. Docg
Again, that was point. There is nothing new that we are aware of. A future filing could change all that but based on what we have as best as I could figure out, hoppel is the last note. If you can find otherwise please let us know. As I stated before I am not here to put out false information. My post was about this week and based on what we know as best can be figured out, and in my opinion it is correct for this week. Could change tomorrow if they filed tomorrow, but we just don't know and can only go on what have. Thanks again seepalms. Thedocg
Seepalms, typenex got their shares last month. That was in the 8k and that is current. That is my I am making my point and my opinion that from what we know we don't have anything new. Docg
Yes seepalms, that is why I said some people won't see this as good news. Believe me I would have loved for it NOT to happen. And you stated correctly, IF he doesn't convert at 3. I look at it as getting the crap out of the way to have as clean a slate as possible for comic con. This helps make that happen. Thanks again for taking the time, docg
I will certainly apologize SeePalms if corrected. The 4 or 5 as you are mentioning as far as I could figure out we're consolidated as a whole to one and that was typenex that was listed last month when the 8k came out. If you know certainty of others that I have missed pleased reply with those ones as well. I am not here to post misleading information. In hindsight I could have shared why you it is my opinion, which would have pointed to the typenex string that consolidated those notes as a whole from what I could figure out. Lastly, I did say it is just my opinion, I definitely did not post without making sure that was clear.
I appreciate feedback Seepalms and do want to be corrected on the notes if you feel I missed the ones you are talking about. It would help to know those details as if they are indeed true.
Thanks, docg
POWFOLIO in Android is another day closer to beta testing. And as each day passes POWfolio continues to grow. Red Giant Entertainment is adding over 200 issues to the app content each day.
This means by the end of this week they will have added roughly 4,000 new issues to the app content just in the last 3 weeks. And this is going on still today. They have 20 publishers for Golden Age and 19 for modern. They are listed below:
Golden Age Publishers: Ace Comics, Ajax-Farrell, American Comics Group, Avon Comics, Centaur Publishing, chesler Comics, Columbia Comics, Comic Media, D.S. Publshing, Eastern Color Printing Company, Fawcett Comics, Fiction House, Standard Comics, Star Publications, Sterling Comics, Story Comics, Toby Press, Trojan Magazines, Youthful Magazines, Ziff-Davis Publications
Modern Publishers: Antarctic Press, Arcana, Atomeka Press, Blatant Comics, Caliber Comics, Comic Genesis, Deadline, Eugenus Studios, Heroic Publshiping, Image Comics, Keenspot, Kingstone Studios, Nevo Digital Publishing, Platinum Studios, Red Giant Entertainment, Section Eight Comics, Shadowline, Timberwolf Entertainment, and Titan Comics
POWfolio is growing extremely fast and by the time Android Beta is released (hopefully in June) we will see thousands more issues added and more publishers.
As far as moderns, they have one of the top publishers in the modern market with Image Comics and they are actively seeking all the others per their press releases and facebook posts.
Only a matter of time for Android release and REVENUES will grow exponentially in my opinion.
Enjoy, good evening/morning, the docg.
Some REDG milestones this week, some will see good and some bad: it is all the perspective you wish to take. In my opinion it is all good to some degree.
#1 the last known convertible note is set to be completed via a conference call at 9:30 am Tues May 24th. 5 minutes allotted so by 10 AM Mr. Hoppel should have his 400 million shares if he follows through immediately to get his shares. Perhaps later in the day may be more appropriate due to the time zones. Hoppel court dockets from Lake County, FL
Now this is the one some will see has bad. I am not of that opinion because I am looking at it from the perspective of - it is done and we move on!! There are no other known notes based on all the evidence we have to go on. Highly unlikely in my opinion the entire lot is dumped at these levels.
#2 Markiplier comic Series has ALL 4 covers and their variants released and fans are clamoring to get their copies. Facebook posts on the last one today is just another strong indicator that sales for both his series and the zwagbox line the exclusives are guaranteed are going to be very well. By the way, the latest covers are garnering likes at a pace the others brought (already over a thousand in 8 hours for the one today).
#3 ZWAGBOX will now be just a month old this week. In just one month - fan base on facebook is just under 1700 and still averaging 100 new fans per day the last couple of weeks. Based on a monthly average the fan base should increase to over 5000 by comic con. The youtube video on the main website has over 6,500 views. The alexa rank is the best it has ever been at 119 thousand in the U.S. See Mr/Green's trend line after Markiplier got involved and you will see how much better this can be in short time - remember it is ONLY a month old. But that also means an entire month of REVENUES!
#4 POWfolio will be 3 weeks old and added 7 new golden age publishers today bringing their total to 20. I will do a new post that lists all the current publishers for POWfolio. They have a total of 39 and continue to add new ones almost weekly.
#5 Markiplier will surpass 13 million subscribers by this weekend. So when he does his next video he has the immediate reach of even more potential REDG customers. We already saw the impact his 1 minute plug of his series and ZWAGBOX did for attention and most definitely revenues (although those numbers won't be available until probably after the first months deadline has been reached - July 15). His first 1 minute promo was viewed over 1.3 million times. We expect more as time progresses.
All this happening with REDG this week! All good in my opinion, and it is my opinion only unless others feel thew would agree with my synopsis. best to all, the docg.
Sleuth, you just made my point I was trying to make regarding the numbers.
Accumulated deficit is not the same as "debt" and that is what I was trying to make clear. An operating deficit means they are spending more then they are taking in, which I know most here are aware. A lot of that deficit can be written off as a tax loss, and hence not actually be debt - as in REDG owes people money to the tune of, let's use your figures 14-15 million.
I read all the edgar documents, there is no doubt, and I don't think anyone here is laying claim that REDG is financially sound right now. They are absolutely in the hole. That being said, being in the hole with no revenues is vastly different than being in the hole with revenues (POWfolio, Zwagbox, Markiplier series).
But to just throw a number out and say it's debt without some details is no different than any of us throwing numbers for projected revenues without something to back it up. We would be slammed for not showing the proof.
I'm surprised you are backing that post slueth, only because you are one who does typically find things to back up your statements, which is very important to this board - for example the court documents on hoppel. That helps all of us be more informed. That post stating REDG is in DEBT" is pretty strong with absolutely nothing backing it up.
I am all for balance, without a doubt it is needed, but that was just a thrown out number. And I have countered his posts in the past with facts to back it up, which is why I asked to have some follow up to prove how he came up with that number because operating deficit is not the same as debt - any other business people out there can correct if I am way off on that one and I will duly apologize for the misinformation.
thanks sleuth, with respect, docg
Lol! Ya, had to be somewhere haul!
Oh, I noticed the alexa rank down to 119 thousand now and the number one site that people are coming from is youtube. Mr/Green has a real nice chart showing that traffic. Zwagbox is only a month old and only one 1 minute plug by Markiplier in a video and these are the numbers we are seeing.
No doubt in my mind, even with the o/s approaching 7 billion, that with these 3 revenue streams redg is going up.
Powfolio is another day closer to being released in Android as well. If we can get beta by early June then we have a pretty good shot at getting it released for comic con. If it gets to end of June then it would be cutting it very close to having a chance. IOS was one month - beta April 7th then full launch on may 5th. It's only a matter of time!
Good day haul, thanks for the good humor! Docg
You statement is not correct duke because you are simply saying "debt" and we all know actual debt is money owed.
So, if you are truly saying this is debt could you please detail how you came up with this number. Because, you are very quick to counter when people put out projections. So, I am curious to see how your accounting practices have derived a number that is no where close to actual "debt" as in money owed (such as deferred salaries, which we already know have been agreed upon but those on the board.) I've read the edgar documents so no need to point me there.
Lastly, you are pointing out the past and we've been around this subject a million times as well. I for one want to know what REDG is doing now, and what it is planning in the future to improve their business and bring in the much needed revenues that everyone that has been here a while knows were non-existent!
The fact is, and we already know you disagree, that REDG has 3 major REVENUE streams:
#1 Markipier Series (all 4 issues available for ordering now) - which if I remember correctly some here didn't believe was going to happen. and some still don't believe it until they see it in shops.
#2 ZWAGBOX featuring exclusive covers of Markiplier (which Mr/Green) has pointed out numerous times through the web traffic and I have pointed out that their facebook fan base continues to grow and as of today still averaging 100 new people per day - but you don't think anyone, or not many, is actually buying and some won't believe it until we see it in a filing - fine, I guess we'll disagree and see how things work come this fall)
#3 POWFOLIO! launched world wide in iOS on May 5th! This one duke, you were very clear early on it was fake based on the past performance of REDG, and based on percentages you were definitely in the drivers seat if we solely base this company on the past. BUT your prediction was proven wrong and now you are just moving to the next level of trying to discredit the app, which you said was fake.
If we base REDG on its most recent past, say the last 6 months, as far as we know, no new notes (yes we know hoppel is getting 400 million shares to settle his claim, that originally wasn't due till DEC!) and 3 REVENUE streams.
I for one am very happy with product line we have right now and it is only going to grow as we get closer to july's comic-con.
I am really glad I have a large stake in REDG because there hasn't been a better time to be in than now! good day, thedocg.
Sorry didn't get back sooner Tlsmd, glad you got it worked out. It is good to see what others have. I do agree, comixology does not come close for free content, but to be fair that isn't their purpose as others have pointed out. I try to compare app efficiency and how it just performs as a reader. As a ready I do prefer POWfolio, but others might prefer the downloaded versions so it's faster. I am pretty certain that has been part of future plans for POWfolio but not idea when, just speculation. Good day Tlsmd! Docg
That is really cool stockman! You hear from some of those great creators of today being inspired by those before them and I guess it's pretty clear this is part of what they were talking about. I really believe it is only a matter of time as word spreads about POWfolio and what is has and will have as it continues to grow. Thanks for sharing stockman! Docg
POWFOLIO carries comics that were banned by Marvel, DC, and Archie Comics back in the 40's and 50's.
Some of you comic guys may have known this, but I definitely didn't. That EERIE Comics series I suggested to rickn. Well it turns out according to what was shared in powfolio chat, that series was once banned by the big 3 back in the day because they were too controversial. The stories in that series are really great and if anyone cares to check them out you'll see what I mean. Well, you need to like horror ones though.
No, once again, this does not mean anything about revenues, etc...but I thought that little piece of comic history was pretty damn cool! And I am glad they have 17 issues in there to read - and of course seeing some revenues as I read. Take care, docg.
ZWAGBOX milestone on facebook!
Just passed 1,500 for fan base and still clicking along at roughly 100 per day.
Before the slams come, NO this does not mean they are all subscriptions, and NO we don't know revenues because we haven't seen the 10q to prove it anyone is buying anything. Well, I take that back, I can prove I have a one ear subscription to zwagbox. I can prove I've pre-order marki comics. And I actually, duke just proved POWfolio is real because he said he used it. And by the way duke, the full pagers pop all the time. It cuts into my reading because I end up playing, mobile strike and game of war mini games too much! Lol. If yours aren't popping it most likely is due to not having read enough because that is how they were at the very beginning.
So, anyway, we know things are real, now we just get to banter back and forth about how it will all play out.
In my opinion REDG has never had a brighter and more promising future - 3 revenue streams we can all put our hands on is a pretty good way move this ticker.
Sorry as well for not being able to post a much, but been keeping up reading as much as I can. I have a cool post about POWfolio to share next. Best to everyone and that includes EVERYONE! Thedocg.
Mr/Green - incredible post my friend! All those points are many that have been used throughout my teaching career.
Red Giant Entertainment and Benny Powell could have cut and ran a long time ago and hasn't. He is definitely one who some on here despise to the core. Non-the-less he is here and still going ahead after many failed launches.
#1 Markiplier announced last year - Launched!!!!
#2 Zwagbox (although not announced to us but in their discussions) - Launched!!!!
#3 POWfolio announced last November after the failed GSL launch and many many didn't even believe it to be real. LAUNCHED AND WORLD WIDE MAY 5TH!!!!!!!!!!!
LAUNCHED, LAUNCHED, LAUNCHED!!!!! REVENUES, REVENUES, REVENUES!!!!
great job Mr/Green! docg
Yes, the subscription aspect I feel should wait as well really to get some of those other publishers.
The more I think about Android, it makes me think, some publishers might just wait until they hit that point and know that their content will be available at the scale they want (99% of the market instead of 20-25%). That is one thing I see as easily changing in terms of publishers coming on board. Image was really great to see early as they are one of the preferred publishers on Comixology as well. So, that is good company and it really paves the way for those others in that list to feel comfortable about being on both platforms.
As far as articles, I'm a little surprised as well, but it could be on purpose due to Android not being ready. But personally I would rather see it out there regardless. I actually sent some emails to a few of those places to suggest a story.
Speaking of Valiant, do you think a hesitation for them might be that they are already making good money on the old content or that they and others might want to see that purchase feature added so people could purchase and not just take the 50% ad revenue? Per book I would think the purchase is definitely more money in terms of revenue, but that's just a guess.
I specifically asked about the purchase feature during Beta and Rick Strom had no hesitation in saying that is really a pretty easy feature to add when the time comes. He didn't say when it would be so it's hard to say the time frame to get that added. Be nice to get that news within the next month before comic-con. docg
Agree - good fun rickn!
That is a better way to compare I will agree as well,apples to oranges. At this point POWfolio is two weeks old and definitely not in the league of others in terms of amount of content, and especially major premium content. I read an article that in 2013 Comixology had 1 billion page downloads. Hard to wrap our head around that one. But at that point it was already 6 or 7 years old.
The free content is massive, but that is the intent of POWfolio and not the others. I'm not sure how long it will take to get to that level but I know from what they have shared, it is the goal to offer those options for you guys who want to download the content instead of stream. My guess we'll get the subscription option first then the download option.
Comixology was on the market for many years before amazon bought it, so it is probably pretty safe to say we have some time before those avenues come knocking - but you never know, with the money facebook, amazon, and others have its more like their weekend golf money if they choose.
I will enjoy how things progress along the way. Very cool to be a part of this at the beginning to see how it progresses. docg
Thanks Rex, same to you, knew quite a few wrestlers and you guys are quite the breed, and that's a compliment . Probably know the same people because I was at UofMich at that time and played with quite a few guys at Miami back in Jr's. Small world my friend. I ran out of posts early so I ended having to wait to post that last reply! Until next time, let's hope you're wrong on REDG because when you're wrong, you and I make money. All the best and respect as well, docg
POWfolio is absolutely larger than them all for FREE content. That should be the clear distinction of comparing. The app is not bigger overall - definitely not. But it is fact, the other companies do not even come close for free content.
I meant to follow up sooner rickn and ran out of posts. Nice banter tonight . Docg
Lol, the madoff one is funny. No, not a chance for me. The part people miss with you Rex is thoughts of Benny, which is why you brought up madoff.
As far as minors, believe me, know all about them after spending 5 years there before moving on to life after hockey. Some good analogies to follow up too. The big thing you shared that makes this the risk vs. Reward and really opinion now is if you believe the products (players) can make it. I played with and against lots of guys who had nhl talent who don't make it while another guy with less talent does simply because a gm gets behind them and supports them. Then it's up to them to deliver when they go up. Seen it lots of times!
So, last point. We are selecting the Canadian Olympic hockey team you and me. And this actually happened by the way. The committee can't agree on a few players. They go at it hard for hours about why they like a certain player but still don't agree. Finally the big dog steps in and says who's goin. We then sit back and see if the choice was good or not.
You don't think REDG products with Benny at the helm will make it. I believe REDG with these 3 products will do very well. Now we just have to see who will more accurate in their "player" assessment. Good dialogue Rex! Docg. Ps. Nothing is gonna help Tebow, I do agree
Rex, I might start addressing you as sir mix-a-lot because you have one big spoon I remember a few guys throughout my hockey career used to carry.
Since you used the sports analogy I'm sure you get the joke.
to respond on one point though, I don't think putting a blanket over our board as ignoring facts is not quite accurate. We've been through those a million times - filings, or lack thereof, the debt, the OS, the ceo's inability to deliver. I know quite a few of us have made sure to make that clear many times.
At this point I'll bring in some sports connections that relate to why I don't forget but don't dwell either. I was lucky enough to be around and a part of some great teams, coaches, and players. During my college career we had the Detroit red wings and US Olympic team's sports psychologist come and work with us a couple times a month. This was during the time of Steve Yzerman, Fedorov, etc... this was early to mid 90's and he did lots of mental focus/toughness types of exercises. One of the things he brought up was made the elite players elite and what made average players average. Meaning the Yzerman's vs. Knuble (former teammate who spent nearly 20 years in the NHL but probably haven't heard of him unless you are major hockey fan).
The answer that relates to this board and how I assess things - the elite players have an incredible ability to not dwell in the past mistakes of a previous shift. They focus on the next shift and what they are going to do not what they did regardless of how bad of a shift it was.
Now anyone can pick apart how REDG is not hockey or sports, but how I analyze things and post is about the future - doesn't mean I don't keep things in perspective (risk vs. Reward) but in this case REDG has 3 products to focus on moving forward and I am definitely going to keep them front and center with posts.
The banter actually is one aspect I miss from sports. Thanks Rex, docg
Possible OW, have to do some digging tonight. It is for sure the exact amount was never released.