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WRONG! Redg is much more than a strategic partner as red giant media is a producer. It was intrinsic ( even tho it's the same players) who produced blue caprice. As they said on Facebook, we still receive a princely amount of he proceeds from this magika on Hulu deal. Though we may not have money in hand for a few months, this is money in our pockets.
I think all this fuss about 3 strikes is just a bunch of ruckus. This company is doing fine, and way more transparent than most pinkies. Trying to find a reason eh
If an issuer is late with more than one filing in a row, the sequence of late filings will only count as one "strike" until such time as the issuer gets back current in its filings. Because of this, there is some strategy in how you get back current once you have become delinquent in a filing. For example, if an issuer has missed a filing and has had an "e" appended to their stock symbol, there will be a temptation to file the delinquent filing as soon as possible to get the "e" removed. However, if it is likely that the next filing will also be late, the issuer might consider waiting and doing both filings at the same time in order to incur only one "strike" under this new rule amendment. This strategy has to be weighed against the possibility that, after the "e" period, the issuer will need to submit a new Form 211 to move back up to the OTCBB from the Pink Sheets.
Article Source: http://EzineArticles.com/2549036
For a holiday (ish) Friday we did amazing. Setting up nicely
Let them all hate man. 50 percent profit in a few days is ok with me.
Was that the same one the released last year ?
I'm 26 and I can't stand markiplier. Not my thing. It's obvious that he uses bots, just look at the comments etc on his pages , and pages he reps. Either way iTs still great exposure. Let's wait for a definitive launch date before we get our hopes up. Remember we were all hung up and bent out of shape after the July mention. Only for Benny to say July was never definitive. I feel the same thing coming.
We most likely , without fActoring, will not see revenue from this till mid February, so still a few reports away. I wish we had some way to see # of views .
And Benny's final words as he shut the door behind himself "now yous can't leave "
Or the only ones who will actually make money these next few months.
Just play the game until the next run up
It's going I end up being 2 report in 2/3 weeks timeframe .
Run up to a release , and release of a movie on Hulu.
It's not dilution. Share count unchanged over the past few months.
Reason comprehension was never something I was really any good at .
That sound like what he was trying to say .
We released comics on fcbd last year ? We have products , and revs flowing in now. Keep trying homie, I respect the hussle !
Another good find as always sleuth. U da man.
I was just responding to a question, I do not think a buyout is in the immediate future . Before that ever happens Benny needs to prove the longevity and readability of this business plan.
Partnership, nothing. If a company gets taken over or bought out, depending on what the value of the sale was , you would get a certain number of shares depending on how many redg shares you owned, or a check for the value of what your shares were worth
One thing that bothers me, is I remember a note that had a provision that the reports must be filed on time. Probably first on their pecking order to pay off lol .
Good to see cenergy in the winter catalog I just received from Europa !!
Factoring absolutely happens before delivery of goods....that is the whole point of factoring in any business lol. It bridges you from the cost of operations to the point of receiving income. The factoring sources get paid for the risk they take. It is not unlike selling insurance. Every now and then an insurance company gets burned, but overall (by having thousands of clients) they surely make money bc it is a calculation of probabilities.
second, the convertible notes (i assume this is what you meant by "loans") are not to pay for the GSL. They pay for general operating costs of the business (probably dozens of different things). But as i said, we have been off the dependency on convertible notes for 4 months now (i.e. we have alternate means of financing and/or revenue, partly due to the partnership with the multi billion dollar company as stated in the video)
When was it ever said that a deal was in place, let alone one that we were already receiving revenue from.
I find that comment funny because Jmj converted over 400 million shares this year. And they have a known conversion of about 160 thousand dollars of a 335 k dollar note.
If you dont believe me, here.
JMJ Financial
(Ex 4.14) 1K 02/20/14
Note Value: 335000
Known Amoung Converted: $162,195.00
Shares Converted: 373877250
01/14-02/14 11500000
03/14-04/14 $47,161.67 116747628
$15,000.00 30000000
$22,500.00 50000000
$25,033.33 55629622
$15,000.00 30000000
06/13/14 $15,000.00 30000000
07/10/14 $22,500.00 50000000
From the NT10K
(b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following
the prescribed due date;
So it should have been the 15th. Still awaiting auditors.. maybe?
You two may be jumping the gun a little. Benny did say only three note holders left. Looking through the last couple of 8k, seems January, and February would be the due dates.
We should have fcbd, marks money, magika revs, factoring (possibly), diamond revs, etc to carry us through to the gsl launch. Lets not get to down on ourselves, we just had a nice little run, and we will see another. Until that time (gsl) just have cheddar ready, and play the waves/
So roughly about 25 percent of what a single gsl week would be in terms of total pages printed.
Hell just post daily chart blobs and them trash anyone who disagrees there too.
Great debate.
Your a clown dude.
Can some one with the fcbd books please do me a favor. Count the number of pages in each book , and the number adds in each for me. I am at work and don't have access to mine.
Lmfao small fcbd revenues? Those revenues coupled with marks money is clearly what's keeping us afloat.
If you think you can't draw connections on an event that in essence is a trial run (and that's in Benny's words) on a smaller scale and relate it to the a single week of the gsl than I'm sorry , there's nothing I can say that you will .
I cant immagine, although its not impossible, that the FCBD adds were over net180 terms. If thats the case we should have them on this report.
Also why january? We are most likely going to have to wait until June to see magika revs on paper as well.
When did benny get rid of kurt and his company?
Theres a TON of importance to this report. This report will show us just how the company intends to sustain itself until a successfull gsl launch. Not only that it should give us a tase of FCBD revs (if any) which we have been waiting for quite some time now, it should give us a clearer picture of what to expect from the full rollout. A little forensic accounting as well, to see exactly where OUR money is going, and who is making what?!?!?
Insiders making moves here .
Would of been huge. But your right it will still be there.
Finally finished watching niko today. Def started a little slow, but it was good nonetheless. Definitely exceeded my expectations too. Now let's get the gsl rocking and we are good to go.
We won't have cash in hand from this for a few months.
Step in the right direction for sure . But in no way can or will magika sustain this. Still gotta keep the lights on, and pay legal fees, maturing notes , etc in the next 2 months or so until those revs are in hand. Can and will it be done, of course , but Is that alone going to drive the sp. I think these last 2 days are evidence of what these next few months are going to hold (outside of a partnership, or big budget movie) neither or which will be announced by us .