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All those shares bought, a mini run, and then right back to dead in the water...
Merry Christmas to everyone as I think we are officially on a trading break until 2017...
-PI
Been hearing these predictions for years with REDG.
If Benny had any money he would be paying his debts, not waiting for them to sue him and settle it with stock.
-PI
TLSMD~~~~~~~~|~|||
I have an average of .0004 and .0005. If we see those levels it will be hard for me not to sell and break even and finally be rid of Benny. But~~~ I also know how fast this stick can run when it does.
I have lost every time due to greed with REDG. I don't think I can chance it again.
-PI
I saw REDG was #49 on the "most read board" in the last 24 hours on Ihub and was also on the "break out board" yesterday.
All good news to bring new eyes.
I saw the volume did stall at the end of the day yesterday towards the end. If volume continues into today, I have hope we will see some significant movement over the next few days. If it stalls out, I think we will be back to .0001 faster then a blink of an eye.
-PI
I am watching everything closely TLSMD. Something is up.
REDG/Benny might have something up their sleeve or we are seeing a very long term pump and dump being planned by a group with deep pockets that is peaking.
Given the 8K came out just after three days of huge volume that has no other explanation, I find it all very interesting indeed.
-PI
Red Giant Films:
I hope people go and explore the updated REDG website: http://www.redgiantentertainment.com/
The film tab has been updated like much of the site and so has some of the film statuses:
TITLE: OMPHALOS
DESCRIPTION: A detective investigating his own murder discovers multiple versions of himself... not all of them friendly.
GENRES: Science Fiction, Thriller
PROJECT STATUS: Feature Film In Post-Production
TITLE: KATRINA
DESCRIPTION: Jacqueline and Henry stumble upon the truth behind the legend of Katrina, Queen of the Vampires, who has been locked inside a convent for nearly two centuries. Now she has been unleashed by the storm that bears her name.
GENRES: Horror
PROJECT STATUS: In Production
TITLE: LAST BLOOD
DESCRIPTION: A zombie apocalypse destroys most of the human race, and now vampires must protect the few remaining human survivors... the last blood on earth. Simon Hunter (Mutant Chronicles) attached to direct, with producer Rick Benattar (Reel Steel, Ironclad) co-financing.
GENRES: Horror, Action
PROJECT STATUS: Feature Film in Casting Stage
TITLE: WAYWARD SONS: LEGENDS
DESCRIPTION: Five-thousand years ago, two alien ships crash-landed on earth. The resulting war between the two immortal factions would inspire every myth, legend and fairy tale in human history.
GENRES: Science Fiction, Fantasy, Adventure
PROJECT STATUS: Feature Film In Development
TITLE: WAYWARD SONS
DESCRIPTION: This spin-off of the immensely popular Wayward Sons: Legends series is set in the modern world, and follows the exploits of the half-human children of ancient "gods and goddesses" who must band together to protect the world from the machinations of their own parents.
GENRES: Science Fiction, Fantasy, Adventure
PROJECT STATUS: In Development
TITLE: SHOCKWAVE DARKSIDE
DESCRIPTION: It is the last great war. Out of the wreckage of a troop transport, five soldiers on the way to battle find themselves stranded on the dark side of the moon. Cut off and behind enemy lines, they start a dangerous journey through snipers and minefields back to their home territory. As their numbers dwindle and nerves fray, they make an amazing discovery about the moon that just might save their lives.
GENRES: Science Fiction, Horror
PROJECT STATUS: Feature Film In Post-Production (Released)
TITLE: JOURNEY TO MAGIKA
DESCRIPTION: A young boy descends into an underground fantasy world and enlists the help of fantastical creatures to save his grandparents.
GENRES: Fantasy, Kids
PROJECT STATUS: Feature Film on Hulu Starting December 12, 2014
Interesting time for REDG, good luck all.
-PI
Fully agree. We still have a chance, but this is the last one before the house folds IMHO.
Benny needs to do it right this time!
-PI
Groupon lets you see how many views and how many people have bought a deal. Zwag-Box only has 30+ views and nobody has bought the deal yet. If they do, it will say how many have purchased that deal next to the purchase button.
You need to view it on a computer, the mobile site doesn't include a lot of the smaller deal factoids.
-PI
I don't know the name of it. I know they advertised it on the fan site a while back.
-PI
My understanding all the billing was done through crate-joy. One person online said their refund came from crate-joy, not Benny.
Then again, I could be wrong.
I am still surprised Marki has not stepped up and apologized to his fans and now customers.
-PI
TLSMD and Rickn23. This is the same guy who went to Comic Con, posted a bunch over on the Fan Site, and now has started a private REDG investor group on Facebook. I have not joined but others who have, said there is a lot of new interesting information in the private group as they have had several responses from different people about REDG, but they would not say what they learned.
-PI
I wish this was true. Benny has changed accountants so many times since I invested, I stopped counting. He always blames the accountants for late financials, he has for years and then changes companies. I find it hard to believe that many accounting firms fail at completing basic financials for a small publicly traded company.
I agree with you the stock can jump on decent news, yet as of right now, I don't see any good news coming out of Benny. He has gone into blackout mode and time and time again has proven, no news from Benny is ALWAYS bad for investors.
The L2 lies. Every time 100 million is traded another 100 million+ appears out of nowhere. The M&M's are playing with REDG and unless someone or a group of people come in and puts in some serious money, it is going to struggle to get out of the .0001's. IMHO...
-PI
It is sad the Red Giant home page hasn't been updated in months. It still says products coming in July 2016.
It frustrates me that they only used the shareholder update page on the home page once or twice after promising that would be the new forum to share information with investors.
I did find it interesting the shop appears to be gone now and if you click shop on the top right of home page it takes you to the ZwagBox home page.
-PI
Curious for your opinion Rickn23. I know reverse splits are deemed not good, but I have been lucky enough to be out prior to any before.
At this point given the PPS, are we not better off if he just issued the rest of the 12 billion shares for funds, use those funds to get everything back on track, issue financials, then do a reverse split, followed up immediately by good news (if there were any)?
-PI
Go over to the Facebook fan page. They are talking a group lawsuit. This is not good at all. The guy who went to comic con is spearheading it. Benny is in trouble. Benny must have pissed off the wrong people this time.
-PI
Yes, TD does trade REDG. Scottrade does not currently.
The deal has to go through federal approval, so I am guessing a year.
-PI
TD-Ameritrade is buying Scottrade, both the bank and brokerage service.
Scottrade has 500 branches and TD has 100. They will close one or the other where they overlap as they want about 450 branches nationwide.
http://www.reuters.com/article/us-scottrade-financ-m-a-td-ameritrade-idUSKCN12N0XV
I wonder if TD will keep letting us trade REDG or flag it like Scottrade did.
-PI
5 Weeks since my first box shipped. I checked today, 5 weeks!!!!! I do remember a quote from Zwag Box saying something like next month’s box was already being compiled and would be going right out, no issues with the second box. Something along those lines. Everyone thought it would go out in 2-3 weeks max...
Now look at us. The number of Credit Card disputes on the FB page keep going up and up.
Benny has failed us, AGAIN...
-PI
The person I am surprised at is Marki. I am surprised he has not held Benny to the fire over this. His reputation is on the line and right now, not doing well.
Then again, I follow Marki on FB and he sees to have really gone down hill the last two months. His videos, the pictures he posts, and other comments he makes.
I always thought for the last four years that I would make a good return on REDG. Honestly, I don't think i will even see a cent back. I think it is a total write off at this point.
With Zwagbox being a total loss at this point, IMO, and Powfolio have little to no success, we are sunk...
I think it is time for a multi-year tax write off.
-PI
Wingman you and I are in the same boat. We both own a TON of shares and have averaged down to the 4's. That is better than many who are holding REDG.
I changed my selling from first in first out to best for taxes. If I am going to take a hit, you better believe I am going to write this stock off for years to come.
-PI
Only 3 million on the ask!
-PI
Benny replied to the guy who went to Comic Con this year over on the Facebook REDG investment fan page. Worth a read. Benny says no update as they have not worked in the past.
-PI
Good find. I will be curious to see what/if it eventually sells for as it has no bids. Just like the stock
If no games get played next week we could maybe see a real ask/bid again!!!
Have a great weekend.
-PI
I don't disagree with you. I'm just repeating what Markiplier said in the video.
I hope they do continue them.
You can find the GSL packs on eBay. I got mine for $5 on there a while back.
-PI
You are right but Markiplier said in the comic con video there was no plans for anything after the 4 month comic run and did not see it happening again.
We discussed it on here prior that he was pretty clear about it.
That is why I wonder how many will renew once it is over, unless Benny is smart enough to market and keep at least one Markiplier item in each box, a shirt, poster, or otherwise, but the comics are done.
-PI
There are very few who say they don't like it some meh fans of it and more and more happy people over on the FB page. I'm going with the term ugly success!
The next three boxes IMO will be the make or brake for us.
What worries me is it sounds like most people on the FB page are month to month. What will happen when Markiplier months are over? How much business will we lose?
-PI
I know heroguy is the man in the know on this subject, but msrp and value is debatable.
If I remember correctly from the comic con videos that were posted, Benny said the shirts were worth $20 and the Flash doll was worth $35.
That quickly raises the msrp value of the box. Then there is the added folded poster for annual subscribers and those are $20 (creases are free).
Value is in the eye of the beholder. If the box was ordered by a Markiplier fan they may not see the value. If it was ordered by a comic and sci-fi fan, they would see the value differently.
I am surprised that was the Tshirt we were waiting on. Very lackluster IMO.
Great info as always heroguy, keep it up!
-PI
You beat me to it. I was just going to post "ask" is down to 31.2 million shares.
I think we will have a bid again on Friday.
-PI
Someone took a 20,000,000 bite today. With 91,xxx,xxx still sitting there we need some new money to make it move. Once boxes arrive and the second box ships, I think we will be out of this hole.
-PI
When I bought some last week, I had no issue getting filled. L2 since it went no bid does not work for me. It just comes up blank.
TDAmeritrade
-PI
Zwagbox Shipping
Benny put out another email. Claiming the boxes have started to ship but will take time to get them all out. It doesn't sound like we will see tracking numbers this round of boxes.
I won't believe it until I see it on my door step.
Why can't Benny just say how many boxes they are shipping instead of saying over and over again "thousands"?
***
From Benny-
Several people have had questions about the last email so let us quickly clarify a few points:
1) There are no "skipped" months. We simply pushed back everything a month and then leapfrogged November to January. This caused no real problems with continuity. All four months of Markiplier mini-series comic will come out in sequence.
2) There will only be one ZWAG BOX per month.
3) People who bought multi-month subscriptions will have the renewal dates adjusted accordingly. Again, no boxes are being "skipped."
4) Nobody has been billed for renewals yet nor will they until we are certain the majority of the boxes have been received.
5) While there are tracking numbers, we have not yet integrated the APIs completely between our warehouse and Crate Joy for fulfillment emails. The programmers for both companies are working on this. But unfortunately since this does not yet work, it does not have a way to send the emails tied to your accounts.
6) Boxes have indeed been shipping and people should begin receiving soon. There are thousands of them shipping out and this is a new process for us. We do not want to make mistakes. Typically this can take a week we estimated to get everything sent, which is why usually boxes begin packing and shipping around the middle of the month. Of course we are working to streamline this process so that as we grow we can get more done, quickly.
Thank you so much for your patience. We can't wait to hear how you react to your boxes as they arrive!
***
-PI
Scott you are 100% right.
It may go up a tick when the boxes show up at customer's houses, but with the number of shares outstanding and bought at .0001 I do not see it moving any higher without financials. I really want it too, but I don't see it.
My break even is .0004 and if it was there today, I would cash out. I am going to let it ride for now, but I will not be holding REDG longer than the four issue Markiplier comic run in Zwagbox.
Only way I would stick around past that is if we get financials that show good revenue with Powfolio growing.
-PI
Benny has never said 10,000 were ordered. He said the maximum allowed was 10,000 but they never hit it as they sold boxes the entire time.
-PI
I say 2,000 - 5,000 - leaning towards 2,500ish.
Zwagbox FB has 2,9xx followers. Those could just be like clicks from Mark's fans, but I would like to think those who clicked like are those who ordered or thought about it.
I wonder how many year subscriptions we sold compared to the other options.
I fear a mass subscription drop after the Markiplier comics are over.
-PI
Benny should be able to give us a total subscription data at this point.
It would take 5 minutes of his time to post it on the REDG-FB page.
He should break it down to how many of each subscription length has been sold: Totals of 1 month, 3 month, 6 month, and 12 month subscriptions.
Plus how many posters were sold in the last two months, including at SDCC.
We await you Benny!!!
Then give us updated financials.
-PI
No tracking number. I pasted the entire email. But I am glad Benny has realized he cannot do it all and has readjusted the monthly timeline and themes so he can make it happen.
Trust me, I am just as skeptical if this is just another delay to buy him more time.
Until the box is in my hands, I will not believe it.
-PI
Zwag-Box is shipping!!!
Just got my email.
****
Your July ZWAG BOX is being processed and on its way. Thank you for your patience during this period. You will find that we have included quite a lot with this box, as its total retail value is $85 ($105 for year subscribers) and contains 8 items (9 for annual prepays!) in total.
As for the August box, we have decided to make the following changes to the schedule:
* The August Box Themed "DUELING FANTASIES" featuring Markiplier #2 will ship by end of September.
* The October Box will now be "MONSTER MAYHEM" featuring Markiplier #3
* The November Box will now be "HAIL TO THE CHIEF" featuring Markiplier #4
* The December Box will remain "NAUGHTY OR NICE"
* The January Box will now be "MYTHS AND LEGENDS"
The final date to sign up will be back to the 15th of each month.
We are already printing shirts for September, so we should not have this problem again as most other items are already in stock.
Also note that all PRE-ORDER posters are also shipping this week.
Thank you once again for being a loyal subscriber and we cannot wait to see your unboxing videos!
****
-PI
There is a time in your life for self-reflection.
That meaning when things go "Oink" in your life over and over and over again. Don't blame the universe.
We call it the common-denominator-effect.
What did all those bad situations include. YOU.......
Maybe Benny needs to realize all the issues are not from all the vendors, other companies, and outside influences.
Instead there is a common denominator... BENNY.......
-PI
I finally figured it out.
I have been trying to understand how we got here.
Today I ran into an old coworker who should have been fired years ago. I realized OMG, he is Benny Powell, no not really, but they have the exact same mentality and way of doing business.
Have you ever worked with the person who always complains they never get promoted or are never been given the opportunity to succeed? Reason is everyone in the office knows they will muck it up, do a half ass job, or as soon as the stress starts they shut down and hide as they cannot handle it?
This is it. That is Benny. Every office has a few, but I realized it today. Benny is that guy who cannot handle pressure or multiple things at once.
He has an image of himself in his head, he plans things out in his head, but as soon as they don't happen that way, he shuts down, unable to function and everything is too much. Then he gets sick and/or hides from everyone.
It's OK Benny you can come out of your hole now.
This personality type is the exact opposite of what makes a good CEO.
-PI
Customers are complaining on FB
From the Zwag-Box FB page:
Yolanda Rivera Holecz:
We got these today and are disappointed because the tape you used ripped them when we took it off. Now, I am disappointed and disgusted because something that is supposed to be fun for my kid is turning out to be too much stress.
Like · Reply · 6 hrs
Several others are complaining on FB they did not get their posters and Benny has said, some posters shipped others didn't because they are different foils.
Banging my head on my coffee table this morning.
I laugh because I have no other emotion left for REDG.
-PI