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Once again Stan comes up with an idea between 10:05 and 10:20 AM one morning and some OTHER company is developing it.
Why isn't POWN developing these instead of farming them out and losing most of the revenue potential? Why bother having POWN staff if they don't do creative work but just answer the phone and have lunch with him? Stan could fire them, shut down POWN and work out of his basement den as a free-lancer! Then we could all move our cash somewhere else and move on.
POWN isn't a company, it's a cult. Always has been but my eyes are open now.
I can't take this much longer.
"It might be tempting for Disney to gobble up the rest of POW . . . "
From your lips to Kramer's ears, my friend!!
If only . . . (let us pause now for a moment of wistful profitable daydreaming . . . )
Okay, back to work.
. . . and keep the Fidelity web site open during trading hours . . . just in case . . .
A 50 cent buyout would equal a home run from the current price . . . not a bad result, eh?
If I had only held my Marvel from 2001 I would have made 1200% in 8 years when Disney bought them out . . . but it hurts too much for me to keep dwelling on that . . . (sigh)
Thx for your input, comic! And even after all my belly-aching recently, I am STILL a bag holder . . .
Although I have set all my shares to sell in a ladder going up to 64 cents . . . just in case DIS buys us out and I'm away from my 'puter . . . then I'll have some cash to pay . . .you guessed it . . . TUITION BILLS!
Hey it's still a fun ride . . . most of the time . . .
GLTA!
I regret that some posters here find my words uncomfortable but after 4 years of waiting and almost no real-time news from POWN about how much money is coming in and who gets to keep it, I am expressing the frustration of many more than only myself.
I own shares in a publicly traded company that is not divulging sufficient information about their finances to ease my concerns that shareholders are not getting good value for their investment. I do not plan on continuing these messages but I am obliged by my sense of fairness to let my friends here - and yes niner I think of you as a friend and fellow 'bag holder' - how I feel now so that I won't regret NOT saying it if it turns out that share values do not increase.
I'm done, for now, but if Stan gets paid to do more stuff I want to know if that is his income or POWN income because POWN was supposed to be how Stan released his IP now and in the future. That was the ONLY reason I invested.
So Stan is reading to kids in the new Spider-man app - I assume he got paid to do that.
So how can we found out how much of the money Stan got paid went right into his pocket and how much will benefit the stockholders in POWN? My assumption is that POWN gains nothing.
Why not? Is POWN just a facade for Stan to keep enriching himself and not the company or the shareholders?
Hey Sunday -
I feel your pain! I am copying below a posting I made on 'the other place' about the Boom comics ending:
"Stan seems to be renting out his name after a 15 minute injection of his "ideas" and then just forgetting about the product and moving on. Sure, Stan picks up some spayre chaynge, but does it help POWN? Or the long-suffering stockholders? Not that I can discern. Maybe Stan can auction off rights to his name each month to the highest bidder.
Will the Guardian Project go the same way? Stan blessed the concept, gave them a few ideas about how superheroes should look and a few cute names and powers, and then . . . then what? I doubt either Stan or POWN are still contributing to it.
This is like watching Carroll Shelby sell rights to his name to a souped-up 500 horsepower Toyota Prius . . . (sigh)"
I am now officially running out of patience. It's becoming Stan padding his family's estate and not POWN benefiting in any real sense. When POWN staffers start figuring this out and leaving, we will know why.
The Truth hurts
Hi folks, tuitionbillz here. I haven't been here in months; I just ran out of patience after more than 3 years of waiting for the 'pop'. Sure, Stan is the "Man" but he and POWN still have less business sense than a classroom of Junior Achievers before their first meeting is called to order!
I just can't kid myself any longer. Stan is a visionary and a creative genius but he is no businessman, nor apparently are any of the other POWN staff. I wish they would just franchise all of Stan's IP and new ideas to someone who has taken a marketing course and take a cut of the gross!
Yeah, I still own but I am not spending every day dreaming of the Home Run; I've got a life to live. So Good Luck To All.
Time to eat the donuts & read the paper.
I would have been extremely irritated if POWN had tried to pull off an annual meeting without any announcements ahead of time. I am actually relieved it has been postponed.
Even though us public shareholders are not a majority, POWN still has a fiduciary responsibility to provide sufficient notice of any major meeting to allow those of us who want to attend to make plans to do so.
Still lurking . . . waiting . . . waiting . . . buying a few more on the dips . . . and waiting . . .
(sigh)
Bought & sold MVL for several years after 2000, was out for several years before the DIS buyout
I bought my first batch of MVL before Spidey I for about $2 . . . (heh heh heh)
That's one reason I'm here, maybe history will repeat since I bought my first POWN for about 5 cents
That happened in the previous cases too, when the venue bounced between Colorado, California, New York, etc. Eventually they have all been thrown out.
This is very old, well-worn ground. There ain't no oil beneath it this time, I'm afraid . . .
If you have followed POWN & Marvel before the DIS buy for as long as I have (over a decade) you would know. I bought my 1st MVL before Spider-Man 1 came out
Please don't overreact to the lawsuit. I've held POWN for several years now and the suit pops up every 18 months or so and always gets thrown out. It is old news and not worth our time.
I seriously doubt Stan gets anywhere near 10% of any Marvel movies' gross. I think he does get a few million each year (any info on this, anyone?) from Marvel to be their public spokesperson (and ALWAYS say nice things about them & Disney), promote their products, and do a cameo and be listed as 1 of the Executive Producers on their movies.
I wish I did know the details of how Stan divides any of his non-POWN income between himself & 'POWN the Company'.
Oh . . . SOME of us saw the sarcasm, sunday . . . ;>)
It just makes me want to cry when I think of the comics I bought as a kid -- in the early-mid 1960s-- and then just tossed away when I was done with them. Just tossed them away . . . . Instead I saved a pile of dog-eared Mad magazines with torn covers that won't even sell on eBay for a buck each today!!
I now believe time travel is impossible in my lifetime or I would have already gone back and grabbed all those Thors and Spider-mans and Sgt Fury's Howling Commandos from my trash cans!!!
(sigh . . . )
Citrati is 100% correct. We tried to warn 'dog' last year when he showed up with promises of wealth from Celadon 'bailing' us out that Celadon meant nothing - only Disney and Stan himself really make an impact on POWN.
It was true then,and it's still true now. This is a small boat on a big sea powered by 'true believers' and 'enthusiasts' for one man's creative genius.
And that's what it will remain. You can stay in the little sailboat with us and see where we land, or you can chase Celadon to their next 'victory'. I'm sitting in my seat.
GLTA.
We had some new posters show up when Celadon was thinking of investing here. I did not assume Celadon would hang around or be serious, yet a few others did and made a big stink of how important they were and how they would legitimize POWN and save our investment. I never thought so.
It didn't happen and Celadon is gone. Why? Because there was neither room for nor a need for Celadon. Disney and Marvel were already here playing 'white knight' and making sure Stan and POWN would stay on their feet. Once Disney bought Marvel they realized Stan was the public face of Marvel and the embodiment in millions of people's minds of what Marvel and comics are all about. Disney realized they could not let Stan fail publicly because it would reflect poorly on their own decision to buy Marvel in the first place. That would simply be too embarrassing to allow.
So I seriously recommend we just calm down and wait for the next Chapter in this story to be written. Nothing we post here will make a bit of difference to that, nor will all the speculation about the next Celadon, because there won't be one. Disney will write the next chapter, and the one after that, etc. etc.
If you do not feel comfortable with waiting for Disney, then sell and move on. Nothing will change just because we want it to.
The Guardian Show during the Hockey All-Star game was cool in that campy sort of way that Stan's recent works (like Who Wants To Be A Superhero) are. I Tivo'ed it too. Sure some people groan when they see it, but many really enjoy it.
I am very pleased to see there is a plan to sell regular merchandise ($$ Cha-Ching!! $$) about the Guardians too via the web site and comics and graphic novels! That means this is not a one-shot deal but could create a franchise with some legs on it. Now if individual team's fans pick up on it and start playing around with the idea, there could even be league formed which create teams of Guardians to battle each other - maybe like Hero Clix does with DC & Marvel characters.
Will there be a graphic novel written for each Guardian and products sold at each arena for their own Hero?
Now THAT would be cool!
I also hope POWN does well, and soon, but I am more cautious than many posters these days.
Even with all the recent hype, and announcements, and merchandise, and new investor relations campaign, and TV appearances, POWN has not yet generated a consistent increase in new and eager investors. We are still swinging between the mid-20s and mid-30s cents by intermittent buyer and seller match ups. There is no staying power to our rallies because there are few or no new investors yet.
There's a long way to go. We still need a 'big bang' of some sort to draw potential new investors who do not already post here.
Here's hoping . . .
Agreed. POWN has reached an equilibrium by already attracting all the fan boys it will ever have. And yes, many of us came here because of just that.
But what is needed now to attract any new investors is either real evidence of revenue or a buy-out offer. If POWN can reveal real income streams from royalties and licenses the whole picture will change.
Until that happens I just check in occasionally here and the "other.finance" site and bide my time.
All the PR and MySpace postings in the world won't really help until POWN can "Show us the money!"
Phew!
So your commission was not more than the sale cost you then . . that's a relief!
Thirty lousy bucks?!
Someone bought 100 shares for $30?!
I hope that was commission-free!!
I think that's a pretty good summary of POWN these days.
Stan seems to make direct personal connections with the other companies' exec's with whom he collaborates based on his reputation and looooong list of friends in the business.
And yes, that can be a very cost-effective way of making business partnerships.
Then the few POWN staff struggle to keep up with Stan and actually make the collaborative processes work to create products.
Since the new releases call it "7" instead of 'Super 7" I assume POWN agreed to change the name and the suit was/will be dropped. There are no longer any potential damages with the name change.
We are fortunate that Stan has such a huge reputation and is still Chairman Emeritus of Marvel, which is now a Disney company. That itself gives him legitimacy to the NYSE.
So Stan will get interview time even if POWN is still a pinkie, which is very very good for us!
I still do not see the "blast off" point for POWN quite yet, but it is nice to get lifted up a level or 2 every few months like we did yesterday. It keeps us in the news.
Frankly, I wish the new character did not look so much like an Iron Man clone - some people might think that Stan is taking advantage of the 2 IM movies' recent popularity.
It sure makes sense for Disney to buy POWN and fold it into their Marvel operation - after all Stan Lee was a key to both of them!
Don't worry about the tiny trades that seem to sway the value too much. This has such a low volume that all sorts of little games are played with it by those who know how to take advantage. In the long haul they will all even themselves out.
Stan and POWN are now in so many alliances and agreements with other media companies and active in huge markets like India and China (listed to the AOL Finance video clip) that POWN has a solid base of potential - even if not current - revenue.
No worries, mate.
Be careful what you wish for . . .
Mamama is right, smurf. It was Dogs who started the speculation about the PP being based on a PPS of 0.50 months ago; then he dropped it to 0.40 and then into the 0.30s when the price kept falling.
So did Dogs know it was 0.50 or was that a guess? Is he really in touch with Celadon, and if so, is he being told the truth by then or are they using him for their own aims? And why are you so eager to jump to their defense? Whether you realize it or not you are associated with dogs and the alleged PP because you showed up and started posting along with him, sometimes several dozen posts a day here and on the 'other board'. Some thought you were dogs or in alliance with him.
I do not think you are also dogs but your behavior of running to dogs' defense associates you with him in others' eyes. And most of the other posters here either do not believe him or are still waiting for more firm 'proof' than simply phoning people you never met and claiming to have talked with them.
That is why your 'innocent' question about the PPS strikes some posters as disingenuous when you have shown yourself to be firmly on the side of the supposed PP, which itself is becoming more nebulous and speculative with each week that passes without any more credible proof.
Uh-oh! There's talk of mutiny in the air . . .
Someone better tweet the Generalissimo and tell him the troops are getting restless . . .
Time to break out the grog rations for the day, maybe?
Don't know but I am increasingly wondering if DIS is calling all the shots with POWN these days. They already bought 10% of the stock and are funding day-to-day operations and giving the POWN staff office space.
Try putting yourself in Disney's shoes - if you want eventually to absorb all of POWN you want to do so as cheaply as possible BUT you also want to give POWN and Stan Lee as much positive publicity as you can so the buyout is seen as a positive move for Disney and POWN both.
So . . . do you want a new investor like Celadon completing a private placement right now? Why add another player at this point when you are DIS and can fund whatever POWN needs.
But you also do not want the value of POWN to fall too far or they will look like a weak loser company when you buy them out.
Hmm . . . so how does DIS solve its dilemma? At what price point will they stabilize POWN before they get absorbed?
Interesting . . .
(shiver)
It just felt like someone stepped on my future grave . . .
So on that theory we could be happily back in the upper .30s by mid-week.
I hope so . . .
You nailed it, lunati!
This is why I invest in POWN and Marvel before that. With the dozens of new media outlets being created these days - everything from IM and texting to cell phone apps, youtube, social media, hundreds of cable TV channels, etc etc - there is an outstanding need for CONTENT that interests people to fill up all the empty 'air time' on these new outlets' schedules.
Marvel, DC comics, all the movie vaults of the 20th century studios (MGM, United Artists, 20th C Fox, Paramount, Columbia, Warner Bros., etc.), old TV shows, Looney Tunes, Hanna-Barbera, Disney, etc. all provide exactly that - CONTENT that has already proved itself to be popular.
Not only that, but Stan is still producing too!
I also found it a fascinating discussion. But I am still waiting for someone to explain why Disney -- which has already bought 10% of POWN and has a first-show deal with Stan and is already associated with products like Time Jumper and Blaze and whom many think will eventually buy out all of POWN -- is allowing this supposed private placement deal with Celadon to continue.
How does this benefit DIS? If DIS wants to buy all of POWN why do they want another owner of 10-15% of the stock to step in now through a PP? Why add a second and possibly contrary co-owner to the mix if your plan is to buy it all? Why doesn't DIS just buy another 10-20% of the company to give POWN the working capital it needs or even just loan it to them? Or maybe DIS is in fact already quietly bankrolling much of POWN's activities, current and future.
If DIS does want to own all of POWN, it can easily step in and quash the Celadon talks any time it wants. POWN would be incredibly stupid to do anything to alienate DIS right now after how DIS stepped in and bailed them out. So why aren't they doing this?
Or is the Celadon deal already dead, but no one is ready to admit it publicly yet? Or did it ever really exist as a serious step at all? For all the wavering 'facts' about the PP we have seen - it's March; no it's May; no it's June -- and all the supposed share prices -- no it's 50 cents; no it's only 40 cents; no maybe it's 30 cents -- it doesn't seem that this PP is very certain or fixed at all.
And sorry to some of you, but anyone can call someone on the phone a few times but that does not mean what they think they learned is accurate or timely or certain. Until I actually see details of this PP in public and with all legal t's crossed, I will not assume it will happen. We certainly have seen enough different dates and share prices for this deal to have good reason to be skeptical.
Hey, sure, it might happen. But I'll believe it when it happens AND is somehow certified in public. Until then I will just see what happens.
I will try to track it down for you but I do not remember exactly where I did come across that info
Yes that is correct. I remember reading about 2 earlier attempts to get private financing that went nowhere - possibly because there were few if any money making ventures aside from the Superhero TV series and maybe a few comic alliances that did not lead to much back then. There was Striperella and then lots of noise but no products from deals with Paris Hilton, Hefner, Ringo Starr, etc.
Lots of glamour & glitter but not much revenue.