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I get the distince impression Disney will not come for the other 90% of POWN until Stan and his Mgmt team make something of the co. That is not intended negatively. Lee/Champion/Lieberman will have to take POWN from the "concept" or "developmental" stage it has been in since 2001 inception succesfully into the "operating or Revenue" phase so Disney can put a purchase price on POWN. Right now its all 'potential' and as yet unrealized revenues from future projects. I've noticed when Disney buys a co. they buy it in whole. These are operating companies. They had to give POWN $2.5 million to juice it. Its as if Disney said "We believe in you. But you are going to have to prove it. Here is $2.5 million for 10% to get started. Now go build your company with it. And we'll be monitoring you at a distance."
Twelve months from now this should be a different company. An operating company. The rate at which Revenues come in (and not necessarily net income, I believe) will determine POWN's stock price. Investors looking for emerging growth companies are not so much concerned with earnings per share as they look for robust revenue growth. A premium is placed upon the shares of exponential revenue growers as opposed to incremental revenue growers. This is why software companies historically carry higher multiples than other groups. If POWN can do $6-$15 million in 2011 Reveunes vs est. $0-$1 million in 2010 the stock will fly toward people's aspirations. If POWN only generates $2-3 million in 2011 Revenues vs whatever 2010 Revenues are, that is a slower ascent and I would expect the stock to mirror that.
Hopefully 2010 Christmas selling season will begin meaningful Revenues in earnest. Stay tuned for signs of how the 3 new comic lines begin out of the gate.
Our bets are placed. Good luck to us.
Multiply 106 million X the last trade.
$30 million
What a joke.
However, ask this question again in 4 weeks and you will have to factor in roughly 120-130 million shares outstanding.
USA Today has front page teaser article on Comic Con Monday. Article is on 3D. No mention of POWN or Lee. Marvel was mentioned as big winner.
<Looks like the fall & winter will roll out all the new projects!>
Completely agree on timing. 2011 Q1 reporting period should reflect these project revenues as company leaves the developmental stage and enters the revenue generating phase in earnest. If the co. posts Q1 Revenue comps of say a couple million vs $0, I think we could see the stock over $1.00 following the report. News could get it there sooner.
There is time to grab more stock. We are early yet.
I like feeling hopeful
If many headlines like this get picked up (as Stan said they will) by wire services regarding the 12-15 projects Lee referred to this weekend, this will put a positive undertone to the stock again. And thats what it needs. I believe it is starting to happen again. Positive project headlines, new investors who share the vision, fresh capital, and hopefully a sold out stock offering...it all adds up nicely for supporting and riding the POWN train. The $.33 cents low offer on Friday's close--in time thats going to be free money. I'm leaning toward short time.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=pown&sid=0&o_symb=pown&freq=1&time=7
Bigcharts.com picked up the story at the bottom. I look forward to seeing that headline accompanied by 3-6 similar headline announcements. If Stan can ever include projected revenues when he puts out a PR like this the stock would find religion fast.
I'll take the other side of that bet.
I contend the stream of buying volume last week has to do with the financing and you contend it has to do with Comic Con. If Lee has nothing "explosive" to announce this weekend at Comic Con I still contend we do not see the stock offered (ask price) in the $.20's next week following Comic Con. You say it sells off Monday. Friday's closing ask was $.33.
An internet root beer rides?
That July 1 date
When the broad market was tanking. And POWN began the final leg down on big volume. Looking back I'll never forget...the last of the stock overhanging the market prints in one transaction. 37,500 shares at $.10 cents. A dime. With Disney partnering up at $.25 cents.
Who knows, maybe his roof was on fire.
Really MM you are reading much too much into this.
I am not hinting at a thing. This is all on you. I am not Lieberman's personal barber and I dont empty the wastebaskets at Stan Lee's Beverly Hills office.
I am just like any investor. At times I get excited and at other times depressed. I purchased just under a couple hundred thousand shares starting in Feb, told a few friends and they bought a similar amount. None of us has sold. One has been buying more at $.24 & $.25 cents cents the past two weeks after I told him I believe buying at/below Disney's price will prove to be "free money." And quickly.
One of the contacts I keep is the new investment banker. I limit my contacts to them out of respect. If I open an account with them and trade, that would be different. I converse with the principal. He said on Monday the prospectuses are at the printer and would be sent out to accredited investors this week. That means the deal at long last is going effective when the prospectuses are received. I have been itching to read mine. I believe Celadon is fairly sharp and would not have gotten involved unless there are compelling fundamental events in the near future to take this stock to much higher levels. I want to read it and see for myself.
In addition, we will gauge exactly how "smart money" thinks of POWN after they dissect the prospectus and then decide if and how much money they are willing direct to POWN. How will we learn? We will see if the offering is oversubscribed, undersubscribed or luke warm in the post-offering company PR Lee promised to make telling us how much was raised. $3-5 mill is the broad range. Another topic is institutional participation in the offering. I am VERY buillish that this deal is NOT being aimed at Retail Joes with $25-50K to invest. This offering is being pitched to institutions with fallback on accredited investors. A successful offering will change POWN's shareholder base for the better immediately and forever. Stay tuned.
There is much more to talk about but the above should put lots of food on people's plate. This is all free information. If the past is any indication some readers will express gratitude and others resentment. To others it will mean nothing. After I post, I have no control over how people take it. You have regularly demanded links. There are no such websites. Why dont you call POWN yourself and ask them to register the offering with the SEC and make the prospectus available to everyone over the internet? If you want to look at this all-important POWN financing process with a jaundiced eye, I suggest you start at the company itself. I have no hidden motive. Please tell me where the motive/financial gain is? I have missed it as the stock has been decimated the last 3 months. If you have something to add to any thread I raised-great. If not, use your delete button and enjoy your day.
I have a different perspective.
I am fairly sure it has little to nothing to do with comicon. Guess what finally goes effective this week? Funny how teh beginning coincided with stock activity-40,000+ shares bought, clearing out up to and including the high end of the stock offering price.
I believe the dead money era has drawn to a merciful close. I believe the pain of the last 2+ months is over.
Here's to a successful private placement. The more money raised, the healthier the co. is.
I will wait to read the pending prospectus.
This will be the first known financial disclosure document the co. has produced the last two years. What they reveal in it will outline their course of business going ahead (use of proceeds/how they intend to invest $3-5 million. As it is a roadmap to the future, I will use it to formulate my investment strategy. Otherwise to answer your question I am just "willing" the stock to where I want it to go. And the stock does not give a hoot where I would like to see it.
If there is an intelligent way to play a penny stock, I want ot use all the resources available. With a non-reporting company, there are precious few.
1 adam 12 1 adam 12
Looking to purchase stock at $.25 cents. Can anyone play Santa's helper?
"the markets are up, but we're down"
That is the definition of 'dead money.' As soon as the share placement is complete the stock can trade normal again.
This thing is only 3 months late...and counting. It's not even here yet but it has sure had its effect on the stock.
Good information. Thanks for posting.
This list pushes POWN into the revenue-generating stage in its history. I call them "feeder" projects that will carry the co. until the bigger projects are ready. I wonder if any of the projects you listed will generate $1+ million in revenues? At least things are bginning to happen in late 2010. Waiting clear until 2013 for Disney revenues from movies to hit or 2012 for the hoopla to begin is a long time to ask Wall Street to wait for a payday. Meaningful revenues from somewhere have to commence before that to get POWN on people's radar screen. It sounds like 2011 should start to show some numbers. Perhaps reading Stan's tweets can be a tell as revenues begin to get realized.
What are the projects and please define 'shortly'?
<Alot of projects will be out shortly as well.>
POWN's new creation is
the construction of a Brigadier Halfway House for all shareholders who bought stock from April 15 through last Friday. Ouch.
The collapse from $.87 to $.30 may make POWN the biggest % loser of any stock on any U.S. exchange from Apr. 15-now which did not have a bankruptcy filing. How's that for cold water? Dont even try to spin reality. Our brokerage statements are indisputable. We cant even blame shorts for the pain because none exist.
As I posted-the shares were destined to reset to the stock offering level + a 10% (approx.) premium and then turn into sideways or dead money the entire time the offering was being prepared until it closed and is announced in a company PR Stan told us he would issue. This process usually takes months start to finish. And how is the tally? Well, the stock has lost nearly 2/3 of its value since Apr. 15 and then averaged $5,000 of stock traded each trading day for the last two weeks. Welcome to the "dead money" part of the cycle. I think its an absolute great time to acculmulate stock for the long haul-but dont pay much of a premium to the offering price-anticipated $.30 or $.35 cents. The stock could have months basing time more down here in the dead money zone if the offering is delayed further or (bite my tongue) is not well-received.
I am assuming the offering will be well-received but the process might take 4-10 weeks from here to complete. When it is completed we look forward to accomplishing uplisting to reporting status during 2010. The capital infusion and reporting status will be monumental achievements for POWN shareholders. Good luck to us on the quick and successful receiving of the maximum $ capital raise and Q3 or Q4 uplisting. We need both to occur for health to be restored to our investment accounts.
Shareholders can call for more juicy tweets. They're unlikely to help here. Any resulting fast rally that may occur would be sold right back down to the approx. offering level + about 10%. This stock process simply has to run its course. So what do you learn from the POWN experience with other companies in the future? When I hear a whiff of a private placement coming and there are large stock gains to be locked in...sell now and get your questions answered later. For those who locked in in the $.70's & $.80's-kudos to you. And to the true believers who decided to rough out all tough sledding that came along, we unknowingly entered ourselves in the Alaska Iditarod. We're bruised as hell losing 2/3 off the top in two months. Pullbacks are understandable. There has to be a better word for losing 2/3 of your account value in sixty days. My threshhold for financial pain was tested like never before. For all others who stretched to commit capital in support of Stan Lee and the POWN cause since February, I hope we have our day. Our financial fate rests in Team Lee & Celadon's hands.
At $.34 cents we're not hungry.
We're broke.
New shareholder letter from Stan
https://materials.proxyvote.com/Approved/738754/20100601/SHLTR_61814.PDF
Ameritrade's electronic shareholder notification system delivered this last night.
The release doesnt reveal anything about revenue generation, funding, %s, etc. Just the movie concept.
Non-related question** Does Stan Lee have any relationship with Mike Judge? Anyone know?
Disney nor POWN recognize the pink sheet market quote.
They have no respect for that exchange. That is skipping right to the conclusion. Now for the supporting evidence.
On Dec. 31 POWN shares are trading at $.05 (or not trading, I should say) on the pink sheets. After the close Disney issues a PR saying it just purchased 10% of POWN at $.25 cents per share or $2.5 million. I ask you, has anyone ever heard of a company paying 500% over the stock market price to buy a partial position in another company? The stock market price usually sets up the deal. Disney's capital infusion was announced Dec. 31 so you can conclude talks were occurring between Disney and POWN during Dec, 2009. The stock had been trading at $.04 cents low/a nickel high during Dec. And Disney announces the investment at $.25 cents. What does that tell you about the legitimacy of the pink sheet quote?
Next, POWN comes to Celadon's attention in Jan. 2010 right after the Disney PR. In short order POWN and Celadon agree to a necessary capital raise. POWN issues a PR officially naming Celadon as its new investment banker on Feb. 13. You can conclude the two had been talking about POWN's capital needs in the month preceeding the announcement. The public will pay a higher price than Disney's $.25 cents since Disney made their investment first. Yet the stock on Feb. 13 is still in the teens. It almost seems backwards. The tail wags the dog. The parties involved determine POWN's stock value and do not use the pink sheets.
Its as if the pink sheets are treated as a joke, a virtual non-occurrence. I conclude that today's pink sheet price bears no resemblance to where the stock will trade when this graduates to the bulletin board and beyond. To me, that makes shares in the low $.30's an absolute steal. When this stock is uplisted to where it will have two-sided order flow, the shares will move to reflect the true value of Stan Lee's intellectual property rights. Whomever gets in at $.32 cents while POWN trades on the pink sheets will be very grateful.
When this stock moves up to the next level in 2010 the game for us shareholders changes hugely for the better. I believe you can place a ribbon around POWN shares at $.32 cents. They are good for a doubling in 2010. I am being conservative. POWN knows the pink sheet price is bunk. So does Celadon. A few months of patience is required for both the financing AND the stock uplisting, in that order. Around football kickoff season I think the stock resembles the mid-April highs. I highly recommend entry right here at $.32 cents. Highly is an understatement. More like "table pound." $.32 shares come with a ribbon.
Sorry MM. Until technology perfects itself an afternoon of telephone calls dont come with links, but I understand your inquisitiveness. Each quarter (or on an as needed basis) I call one Celadon partner, one officer at POWN and recently Collins Stewart. I add to my contact list when new players come aboard. Really, anyone can do this. I just happen to do well over the phone and have a securities background. If I probe too deeply they tell me and I back off, but aways it is evident to the other party we are on the same team with the same goals. I always close with an expression of gratitude and I ask if they would be open to another call down the line. I also send an email the next day if I enjoyed the call thanking them for being generous with their time. I dont have a tape recorder going and there are no links to refer so you're going to have to trust. I do tell three other investors who email with me (one or two post) days before my quarterly calls to see if they want to furnish me with questions of their own.
I have felt relieved all day today after the recent calls for a variety of reasons. I will be posting them. If the posts aid in your formulating your own POWN opinions and strategies, great. If you dont find them of value...well thats what makes markets...people have differing perceptions. Since I am limited on # of posts I can initiate on this board, correspondence will be difficult. So sometimes I start right with my conclusion. Its fast and simple. If someone posts something and I dont respond it doesnt mean I didnt read it or that I have no reply. Just being judicious. On Sunday I'll post a neat observation I made which the Celadon partner validated for me.
The upshot is Celadon has things well in hand, their relationship with Stan and POWN is close, there is a broad-based plan for the stock and I am encouraged by the truthfulness and integity I read in the players I have met. Integrity in a pink sheet stock? In this case-yes. The next test will be their adeptness at executing the game plan. I have looked into their successes in the recent past to see if POWN is a fit. I am getting sold on Celadon. The partner impresses me. And Celadon did not bring aboard Collins Stewart but they are favorable to the new face. Institutional friend, not foe. I think they start this train just a few weeks out. There's a time frame for things and there's no sense getting overly frustrated because the stock is not where I will it to be. Reality is we are no longer in charge of the share price. The game has recently changed. I'll be happy to let them do their thing. IMO, today's price in NO WAY reflects where POWN will trade in terms of daily liquidity and share price after it graduates the pink sheets. I am enthused again. And I didnt think that was possible after watching 80K get wiped out in the last seven weeks. But I am enthused. I'd put more to work in the low-mid $.30's if margin was an option. I think the current market is free money. We're sitting on a home run. Before yesterday I found myself questioning it.
Well the loyalty we have shown to Stan Lee, Disney, et all the last 7 weeks has put us in financial misery. I did not trade any shares back in. Neither did my friends. We bought for investment. We rode it out. The last 7 weekends have not been cheery-not when you lose 2/3 (from nearly .90 to .30) of your value on paper. To avoid another depressing weekend, I did some checking late Friday. It had been 2-3 months without contact.
I am now happiest I have been in months. The long term believers who post here can give themselves a pat on the back. And those who have accumulated below $.40 are going to be real proud of thmselves, fast too. Fast probably means 1-2 months in this instance. I believe this $.30-.35 cent range will be the low this stock ever sees again. Bold statement? When it leaves this $.32-$.35 ask range it never returns and takes it out.
2010 is half over and it wont be much. I really like how 2011 Revenues are shaping up. I received a good picture. Further, it sounds to me like 2012 will be the huge year for the stock. We are planted so early in the right company that our points down here will be downright tantalizing come 2012. I dont say that lightly. This stock is not going to be some average 15-25% per year grower. At $.35 cents, I call this free money. The pink sheets are offering a gift. I say take it. Someone will.
You all who have been steadfast in your conviction are right on. An internet High Five to us! I can envision the enthusiasm that probably began on this board in January returning. As well the momentum playing posters who made fast money and left. $.32-$.35 will be just unreal to reload. Just unreal. That's my take. Others may have theirs.
not for the next three months. Unknown beyond that until we get more information. They wont be a reporting-status company until 60-90 days after the private placement closes, all investor monies are received and a PR is issued stating the date the deal closed.
My guess is we will be lucky to see a quarterly report issued by POWN in 2010. Early 2011 is my guess for seeing any POWN numbers-if everything goes right.
In his letter to shareholders Lee promised to make public announcement when the stock offering to new investors is complete. Until then the stock is rangebound and dead money. Once the offering is out of the way I believe the stock breathes again.
"We currently have under consideration a development financing package in which, rather than seeking development monies from studios, for which we give up a large share of the profits, we will do our own developing, therefore negotiating on a much more favorable basis with the studios. When the arrangement is completed, we will of course announce it..."
Waiting for the co. announcement. Until then, dead money, as stated before.
Okay Comic1. I'll take the other side of that bet. I say dead money for the next sixty days before any new legs up commence. Basing, sideways trading, dead money-its all the same. Nothing for momentum players to sink their teeth into like the Jan. 1-Apr. 15 run.
I like "Buy on pullback." I am long term investor for my shares. I'm not buying or selling, having already planted many seeds in POWN's soil. I do have a new friend who will be buying in the $.30's next week, though. I doubt he's a market mover. More like a light smattering. LOL.
I have three posts per day so this has to last:
Dont be confused, jacktrades. To be read: there are gigantic holes in POWN's game. Lee is a creator. Lieberman is a lawyer. Champion is a creator. None are businessmen by trade. Between the trio they have never been able to raise capital to fulfill a business plan. After 9 yrs of operations and without Disney's $2.5 million investment this company had little/no cash nor revenue growth-as per my last conversation with their CFO. They also had a net loss the prior year of our conversation on less than $500K in revenues.
<Hmmm I dont know about you but I have way more then $1 worth of shares.> jacktrades
Your point?
Do you think POWN receives money from your purchase? POWN came public through a reverse merger shell. They received no money through an IPO. Without access to capital a company is sunk. Nine years of operations, never able to get financed even with the great Stan Lee name behind it, and the stock in 2009 trading 10K shares a day on the non-reporting pink sheets at $.06 cents per share. Hey, thats $600! On Dec. 30, 2009 the stock was trading below where it was when POWN began in 2001 and just two pennies above its all time, 9 year low. And you call this savvy public management without Disney?
<Where did this 5 million come from??????> jacktrades
Direct from the mouth of one of your three leaders 60 days ago. You see, I bother to phone them or have a shareholder attend a Comic Con and ask questions during Lee's Q&A hour. You seem to need a link since you mentioned it several times. Do some work on your own instead of trying to discredit others who actually search and provide it in posts freely. Make calls yourself. Report to us what you learn. That would be productive.
Your comment about leverage illustrates your lack of understanding. Without capital (the private placement), POWN must turn the character developing over to the studio along with the lion's share of the pie. POWN puts up no money and therefore receives crumbs. The studio takes on all financial risk so they take any profits. POWN has been on the short end as its lawyer/creators managemnt team has not been able to raise a dime enable it to finance character development. POWN has been forced to give it to the partner. No money = no ability to favorably negotiate with studios.
My take is Disney gave POWN $2.5 million because Lee is approaching a cautionary age, POWN has not been able to fund itself on its own, and Disney wants all of Stan Lee's characters while he is still on the planet. Disney is POWN's white knight. Disney will be better at deriving POWN Revenues (running POWN) than POWN can do stand alone.
I agree
Stan Lee is a brilliant creator. The world is aware of that. As a businessman there are gigantic holes in Stan Lee's game. I wish things were different but thats how I see it. He has created great superheroes yet he has failed raise a dollar from investors since 2001. Without that capital injection POWN is handicapped. To Wall Street, without Disney, Stan Lee isnt worth much. $.06 cents per share is where the stock was at or about $6.5 million. Its criminal but thats what happens when you are a bad businessman.
Do you realize that without Disney seeing the opportunity to get a part of Stan Lee for $2.5 million Lee could have gone on to his resting days without POWN ever having a chance of becomming anything? Without Disney's paltry $2.5 million investment the Dec. 31 PR would never have come out, Celadon would have never entered the picture and the $5 million POWN is Desperate to get its hands on to finance development of its characters for movies would not be forthcoming. Disney has Lee over a barrel. Not the other way around, as some suggest. Lee is a fish out of water as a businessman or CEO. He is a brilliant creator. No one on the POWN team is investment savvy and I have met them all in 2007. I hope Celadon is a straight shooter. I never heard of them and penny stock outfits are not exactly choir boys.
In the end I believe Disney buys POWN or I wouldnt be in the stock. If Blaze is less than a blockbuster I think Disney will steal POWN for a lowball amount. If Blaze is a yawner at the box office Lee will have zero leverage. Lee said Blaze is the blockbuster candidate of the three and will be the first release. If Blaze is cold Disney could grab the remainder of POWN for $100-150 million ($1.00-$1.40 per share). If Blaze is a big success POWN could be worth $300 million-%500 million. That equates to $3-5 per share.
You want to determine what kind of businessman Stan Lee is? If we can learn the revenue sharing agreement POWN has with Disney... Those three movie agreements were made with POWN being next to broke and having no way to finance its own character development. I am silently hoping POWN receives 10% of movie revenues but why should Disney pay that when Stan Lee has no leverage to demand it? I'll bet they give POWN/Lee 1-5%. And Lee took it. He does not drive a bargain. He creates superheroes.
This is the third attempt at a capital raise since I have followed POWN starting in summer 2007. Both two prior attempts were private placements as well. There may have been other unsuccessful attempts to sell stock but the two in 2007 are the ones I am aware of. They were made public and I spoke with both underwriters who attempted to raise POWN money but neither got off the ground. One outfit was from San Diego and the other (if I recall) was in L.A. Not 100% sure about the latter.
I have a different perspective.
The co. has been trying (in vain) to raise money for the 2 1/2 years I have followed it, and undoubtedly longer. The private placement is absolutely crucial to POWN's future bottom line. Operating without capital, POWN is forced to give away the store to movie producers. We still dont know what the revenue sharing arrangement with Disney is. I'd love it to be 10% but I'll bet its nowhere close to that. Since POWN has no leverage without capital, I'm guessing Lee gave away the store on all POWN movie projects prior to this financing.
I agree with you on bb listing. It's more for the shareholders than anything else. For us to realize full and fair value for our investment in Stan Lee and POWN, this stock has to graduate from the pink sheets and then the bulletin board too.
I dont get it. What's to be scared of?
At $.41 cents per share the street is valuing a healthy Stan Lee, his characters, his future scripts and the totality of his intellectual property rights to be worth $45 million. Excuse me? $45 million? Smart investors jump on inequities like this one represents right now.
If Disney could buy the rest of POWN for $45 million they would do it before breakfast tomorrow and kiss the sky. Putting the movie pieces together this co has to be worth somewhere between $200-600 million. Lee knows it. Lieberman and Champion know it. And obviously Disney knows it too. The three POWN insiders (who control the co.) will not sell POWN for $45 million before Blaze, Nick Ratchett and Tigress hit the screen. They've owned POWN for 9 years. There is no way they sell to Disney at a garage sale price 9 years into the hold and just 2.5 years before the anticipated blockbuster movie 'Blaze' debuts.
Of course there is risk, Paul123456. We need Blaze to be a $300+ million movie and we need a healthy Stan Lee. With those two things, it is very close to a no-brainer. Here's a workable strategy to consider. Buy the stock tomorrow at $.42 cents. When it challenges the old $.87 cent high sell half and the shares you keep have a zero cost basis. You will own "free" POWN shares before you even know the success rate of any of the three movies in production with Disney. Now it becomes a true no-brainer.
I agree with ita-elios
This stock is getting ready to blow. Which way? After the private placement is complete I predict they put 50% back into the stock for the next leg. That's the $.60 cent neighborhood again.
People have posted differing accounts but Celadon Partner #1 states POWN has roughly 106 million shares out. If this PP maxs out it should add 10-12 million shares. That's 10-12% dilution. Big freaking deal. Yet they cut this stock in half ($.84-$.42) just to do the private placement. When investors are found and money has been raised, the underwriter will want to show its clients a nice paper profit so their "feel-good" index is high even though they are locked in.
With the release of impactful PRs I believe the stock will surpass the recent $.87 cent high rather easily. In the 60 days following the closure of the PP, I think it rallies back to $.60 cents. In the event the deal is priced at $.35 cents, after riding this down by $.47 cents in the last month, the stock is just a nickel or so off bottom. And if the deal is priced at $.40 cents anyone buying stock here at $.41 cents will be a hero.
The plan is for application to be made 30 days after PP money has been raised. Good news is SEC approval is taking less than one week. Perhaps in august for bb listing, to be realistic.
Private placement reference from Lee's letter to the shareholders. Apparently no one caught it:
"We currently have under consideration a development financing package in which, rather than our seeking development monies from studios, for which we give up a large share of the profits, we will do our own developing, thereby negotiating on a much more favorable basis with the studios. When that arrangement is completed we will, of course announce it. As of now, it is simply the next step as we start to reach our projected goals." Stan Lee
Probably 6-8 weeks until we read any completion announcement and amount raised and share price.
Why yes I did.
And thank you for asking
Good job, Dudebud.
Positive publicity can aid the shareholder cause. Thanks for your part.
Jacktrades is being facetious.
But the fact remains. My needs as a shareholder are not being met. And it would take precious little money or effort to take care of those needs. All of us shareholders would all benefit.
Jacktrades, when the market opens for trading tomorrow, aside from your facetiousness, are you satisfied with the street's current valuation that the sum total of Stan Lee's works unowned by Marvel is $50 million? I believe that is a joke of a price. If Disney could buy the rest of Stan Lee/POWN for $50 million they would sign the deal tomorrow and buy a cryogenics company the day after that. If you satisfied that $50 million is a fair POWN valuation then it stands to reason the company should continue to squander important opportunities to publicize its stock. Why waste the time if you have a fully valued security? Heck, why even be public?
But if you think that as 'Blaze' approaches the characters, script and sequels in that one movie alone will be worth closer to $400 million to Disney (placing a $3.75 POWN valuation and only 10% of the valuation that Marvel received when Disney bought them out) then dont turn a deaf ear to shareholders with solutions (and free ones at that). Or hire an IR firm so our needs are attended to and the responsibility is competently delegated to proven professionals.
See, this is what I mean. This co. isnt solution-oriented in its thinking.
The Big Los Angeles Rock'n Comic Con awaits in a few weeks. This press release boasts "The Amazing Stan Lee Launches the inaugural L.A. Rock'n Comic Con...ribbon cutting ceremony...creator of Spider Man, Avengers...
Neither the letters POWN nor the words Purveyors of Wonder appear anywhere in the press release. Is it a wonder this co. has no exposure? Nowhere in eight paragraphs of text does it say, "Stan Lee, CEO of Purveyors of Wonder! (Symbol: POWN), will be appearing..."
Another wasted opportunity by the company that does not know how to promote itself. These are great and free opportunities to gather stock support. Yesterday (Tues), $10,0000 of stock traded all day long. $10,000.
Here is the second paragraph of the PR-the Stan Lee bio paragraph.
"Stan Lee is the creator and/or co-creator of many of the greatest comic book characters of all-time including Spider-Man, Fantastic Four, Iron Man, Avengers, The Incredible Hulk, X-Men and many more. Stan is the most influential writer and editor in the history of comics, and appears frequently in films and on TV..."
Not a single mention of POWN. Every Stan Lee biography paragraph should include:
"Stan Lee, founder of Marvel Comics and CEO of OTC company Purveyors of Wonder! (Symbol: POWN)... will be appearing"
This is a GREAT idea!
May I suggest four letters to promimently display on TShirts, hats, etc. that you produce?
"Stock symbol P...O...W...N"
I'm afraid Stan doesnt get it.
Stan's latest interview: “I may be 87, but we’re not slowing down yet. I’m still creating comic book heroes. I enjoy what I do so much I’ll never retire. We’ve got a whole lot of movie deals going on, along with video games and comic books. Now more than ever, America needs some great heroes again.”
Stan, your interviews are wasted opportunity. He mentions "...I'm still creating comic book heroes...We've got a whole lot of movie deals going on..." Tell us who "We?" is because you dont say. Stan, you have to say "P....O.....W.....N....." No one knows who "We" is. Is it Marvel? Disney? Who is "We?" Tell them it is "Purveyors of Wonder! Symbol POWN." Earth to Stan. Come in Stan. We need ya, Buddy.
Near as I could tell a Buy order of size was placed about 5 min. before the opening. Before the opening, the Bid stepped up to $.45 cents vs Friday's $.43 cent close. Some smaller Buy orders hit on the opening and some traded on the $.49975 ask. It looks like the premarket Buyer got his orders filled averaging around $.47 cents throughout the day. Stan's weekend appearance may heve generated this light Buying. He may have bought 30,000 shares or so. It feels like he is completed.
Mildly constructive day. Every day we churn through stock is a good day, even with no price movement. The stock has to get rid of more nickel cost basis people and replace them with investors with a much higher $.50 cent break even. Share Volume. Volume. Volume. That's a large part of our answer.
I'm straightforward. I regret not selling any stock at $.85 cents. Ah well.
I will call Celadon next week for updates. I get stock ideas from IR companies. Some are good, most are not so good. POWN could benefit greatly from investor relations. Sadly, they dont know that. And dont seem to care. Having their CFO be the shareholder liason is a joke. I pitched POWN to California's most successful IR firm and they loved it. The president then asked if I would coordinate a meeting between POWN and himself. Then POWN doesnt return phone calls and doesnt reach out.
Celadon has to wake up to this and take steps. POWN is shareholder unfriendly as it has been for years and wants to stay that way.
<"I give POWN roughly a 2-3 maturity date.">
Forgot a word. Make that 2-3 year maturity date. The timing seems to point to that since Blaze should be ready for release in late 2012 or 2013. As soon as Disney can make accurate reads on Blaze's numbers they could have interest in sewing POWN into their fold immediately thereafter. Or that would be a good time for speculation to heighten, anyway. I would like to see $3 POWN shares going into the Disney releases in 2.5 years. I think $3 is achieveable and deserving.