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Sold .04's and now its headed to .01? lol: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151707235
They make $XX,XXX,XXX per year, BEFORE their highest margin initiative kicks in with the LARGEST retailer... and some think its headed to $5 million cap? Good luck with that, ill buy millions.
Snakes has a single location (out of 4 locations, soon to be 6) that makes $4 million alone. lol... and there has only been about 20 million shares issued over the past 2+ years, so they are not hurting, even with so much being invested in expansion.
If they stopped expanding they would likely be net profitable, buts its wiser to invest in the biz at this stage. Dont let the late audit fool you into thinking the underlying biz/concept is not THRIVING.
Rogers needs the EXPERIENCE of someone that has been around many small caps, like a SKILLED IR will be.
This will change the dynamics fast, cause Roger does not have the experience to understand the various market tactics that can be used... and i doubt anyone else around him has any market experience/savvy.
He needs someone with experience and connections. I cannot stress how important this is. He wants to do it himself but he is learning about the markets on the job... A person that has DECADES of experience investing/trading, building interest for small cap, attending small cap shows, attending shareholder meetings, facilitating shareholder meetings and conference calls, watching charts, knows brokers, knows MMs, knows consultants for various business aspects, knows institutional investors, knows about TIMING, has written PRs, has worked on social media awareness, knows how to manage a negative aspect, etc, is the type of person that Roger needs to be planning a market strategy with.
We have a SOLID STORY, but we lack a stategic storyteller than can rise FUNN to the top of the 10,000+ penny tickers, all fighting for attention... One that not only details the initiatives in PRs, but also knows how to paint a picture about the sector and the potential within. Most do not understand how BIG and STRONG/HOT the table sector is. Im sure many people think of the simple games they played as a kid and lose interest right away assuming that video games are the future. They dont see how powerful SOCIAL INTERACTION is in the digital era.
The corporate website needs to be COMPLETELY redone and directed at attracting investors. The site sucks and its likely the TOP source for info that NEW investors turn to, because a link is in the PRs. It needs to be decked out in Snakes related hype. Videos, pics, articles, case studies, opinions, customer reviews, partner comments/DD, etc. THERE IS SO MUCH OF THIS STUFF and FUNN does nothing to make it easier for NEW investors to find. Instead it looks like: http://www.amfiltech.com/snakes-lattes.html
If this changes, the price will improve imo.
PS: And no, i do not mean promoters. An IR is a core player within a PUBLIC company. All PUBLIC companies need an experienced person like this.
lol... No one is going to be able to buy this REAL company at a $5 million cap (.01). There are many companies with NOTHING that trade for more than our cap at .05 and FUNN is only trading 1X revs as it is.
This game is going to make everyone wish they were "buying the pain", cause excitement will spike when all of us can see FUNNs first product on the shelves of the largest retailer(s).
This board will be full of pictures and longs will buy so many units it will likely force a quick reorder. Each location will probably get 6-12 units to start and i can buy that out myself and hand them out as gifts, forcing them to have to place another order for that store... ill even call the store after i clean them out and ask if they have it in stock and when they will get more in, this will get the purchasing manager placing the order ASAP.
Speculation will spike heavy on a REORDER PR... There is far more upside than downside from here imo.
IMO you are making a poor timing mistake and will regret it in the not too distant future. This is when smart money buys, not sells. "Be greedy when others are fearful"... We could capitulate off these levels from any heavy selling...
Reposts...
This cap is getting really cheap imo, the single-game can make this an $XXX,XXX,XXX stock.
They are in the perfect position to push this game into retailers, then get it known by thousands of people per week.
Any day now the biggest PR in company history will be released. If anybody has held this long it would be unsavvy to sell now, at these levels. Walmart is going to drive a significant wave of hype. When we can all walk in and see a self published title on the shelves, across the USA, it will change the way people view this company. Right now Snakes only distributes games in Canada and none of them are a high margin self published title
This will be the first game that we can sell worldwide... and two more titles are coming up right behind it
#gamechanger
______________
Morning does not need to update anyone on the shipments anymore, because the backers have already received their orders.
Morning is not in charge of corporate info, other than what directly relates to Kickstarter. KS backers have nothing to do with Walmart, etc... The next update will be from FUNN and will likely announce the rollout to Wally, Amazon, etc
I expect several big name retailers to be announced in the coming months, all over the world
This next shipment might be drop-shipped at Walmart.
_____________
BTW, FUNN will see $$$ from these titles for years. Dont put too much focus on having to have the game out by a certain date, these games sell alllll year... and when you can market to THOUSANDS of people PER DAY via your locations, they are in a great position to succeed.
I FULLY expect this game to make FUNN extremely NET profitable, even with just moderate sales. They are close to breakeven now imo
I just hope Roger does more to paint this picture for the maket, so we can sustain over inflated levels (like other rapid growth stocks), instead of at the bottom of the valuation range.
____________
If people have held this long, they would be wise to at least wait until this board is full of KTU pictures, on the shelves of the LARGEST retailer, who controls 50%+ of the toy market = very busy toy/game isles!
Millions of people will be walking by our title... CRAP titles can sell well with this level of foot traffic and KTU has a popular theme + attractive/attention grabbing packaging, within the right impulse price range
Walmart will sell out of the first order FAST imo. I bet single longs clear out locations, forcing an instant reorder. lol
This stock will be flying on the reorder PR. Speculation could reach record levels... tick tock...
____________
How many brick and mortar stores does Walmart have?: https://www.walmart.com/ip/Kill-the-Unicorns-An-Enchanted-Card-Game-For-Evil-Geniuses-Exclusively-Sold-on-Walmart-com/548174258
Another FUNN game that’s about to hit the largest retailer: https://www.walmart.com/ip/Red-Panda-Card-Game-Exclusively-Sold-on-Walmart-com/979543007
Very soon the first deliveries will reach the stores and this stock is going to launch off these levels, from the biggest PR/event in company history...
Remember, all the previous distribution deals were limited to just Canada, a country 1/10 the size of the USA... and none of those deals had margins this high, because they were just distribution deals for other companies, not their own titles
_____________
Really, you dont think Snakes knows which games do well and which ones do not? Most publishers are nothing more than a game, Snakes is game cafe FIRST, which is the ultimate advantage. none of the these competitors have first hand experience with consumer demand/interest like this, which is why some of them turn to Snakes to get known. lol
Toronto is the 4th largest City in North America and guess who is the Big Dog with THOUSANDS of customers per WEEK, maybe per DAY? This game could go viral, using Toronto as a launching pad
Roger has made mistakes, i have no problem pointing that out, but lets not confuse the highly skilled people working at Snakes (250 employees) with his mistakes. You dont land Walmart before the game is even produced unless you can SELL... and SALES IS EVERYTHING!
1000's of customers per day can become thousands of strong reviews all over the internet, thanks to learning the game EASILY within these Snakes locations.... and so far most, if not all the KS reviews have been positive, even though these customers were upset over how long it took them to get it. If THESE customers are liking the game, when they have every reason to be pissed, it says A LOT!.
We will sell a ton just because of the theme imo. The hardest part is getting on the shelf of the largest retailers (check!). No doubt it will get picked up/spotted by MANY people now, due to millions of people walking by the packaging/theme
More DD: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151611247
Again, those people and/or Kickstarter have nothing to do with Walmarts order.
How could one logically claim those comments have anything to do with Walmarts order, which is about 100% of the last orders volume?... and its also headed to a country on the opposite side of the world from France.
They are talking about something completely different. Walmart order will likely be drop shipped, they’re not going to break up small amounts and send some to the other side of the world. They have their own shipments for Europe. Its common sense
You think Roger is paying all these people and dedicating so much time to this initiative, to not release it? lol...
Your claim is BS. This is not a 2 person penny stock that could get away with games like that. There are 250 employees depending on this. Many people are looking over Rogers back and involved with the audit.
If the numbers were so bad, they would not be paying for so many new expansion initiatives... and there would’ve been a lot more dilution than 20 million shares over the past 2 years.
I was PROVING A POINT on how an uplisting audit is different from than an OTC audit. I was not using that as an excuse for the current audit. Please comprehend my posts.
IMO the following audit was screwed up by the Morning acquisition. They were a mess, but it was well worth the hassle if this game is a grand slam, like my DD suggests.
I can understand how a RAPID growth stock can get into this mess. They are also trying to manage heavy growth/expansion, WHILE going through this uplisting audit. This created all kinds of issues, but ultimately these are only SHORT TERM DETRIMENTS, not long term fundamental issues, like most penny stocks have... It takes time but eventually these audits will be complete and the negative BS will INSTANTLY VANISH. POOF!... Its amazing how fast it happens! Its like flipping a light switch
I feel Roger could do more to improve the story and relay these aspects. This is my issue with Roger, not if he is trying to scam us. I believe those insinuations are flat our false/unsavvy/complete BS... If people think THIS company is trying to scam us, i wonder what they think about the thousands of other crap penny ticker that do nothing but mass dilute and line pockets. FUNN insiders are working their ass off to improve the company and its obvious. They just got a little over their head and Roger is learning many of these things as he goes.
An uplisting audit is not approached the same way. An uplisting audit goes over every single share transaction in company history and AMFE/FUNN has history dating back to 1985 and these records can be hard to find... while OTC companies only have to go back for the past 12 months.
This is just one example and the reason why it takes so long. Auditors approach these tickers with more scrutiny because it reflects negatively on them if they dont catch something and future investors get screwed.
Once a company is on the OTC they only have to examine current info, which is much faster.... and all their internal accounting controls will be place, making future audits go smoother.
This is why your reply did not include an example that proves an uplisting audit can be complete within the same time as your typical OTC annual audit. It dont happen, which proves than i am right.
IMO the Morning acquisition likely caused all kinds of issues. They were BK in France and id put money on these game designers not maintaining proper accounting records.... which is why we got them for so cheap! Low $XXX,XXX and could bring in $XX,XXX,XXX over the next year, with HIGH margins.
6 locations should give us a $18-24,000,000 base/consistent revenue, then distribution, publishing, marketing, etc will push these numbers higher/faster.
And imo distribution, publishing and marketing will easily be worth more than these 6 Snakes locations
We are on a clear path for $50+ million revs by next year imo... which is a lot more than the current valuation.
Strong buy if anyone panics?!
Every example provided on this board has proven it takes MUCH longer for an uplisting audit, even when a company has NOTHING. AMFE does business in multiple countries, has $XX,XXX,XXX revs, multiple divisions/subs, they collect most of their $$$ in one currency then report in another, etc, etc. This makes it very involving, esp when Snakes did not prepare the info in the proper way from the beginning.
i have been challenging ANYONE to give an example of a rapid uplisting audit and no one has been able to after a 1.5 years of asking. Remember this attempt: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141552525
1+ years later and STILL not a single example has been posted which proves my claim wrong. ZERO, ZIP, NANA! Not even a half assed attempt
If an uplisting audit was as easy as some claim, the examples would be throw in my face to shut me up... but not even ONE has been provided after this long
Talk is cheap
FUNN could have zero revs, millions in losses and this SINGLE high margin self published title can make this a fairly valued $XXX,XXX,XXX company, using common valuation metrics.
Multiple table gaming titles are doing $50++ million each year now and only $5 million net profits is .01 EPS... IMO this growth rate could send this to $1.00, just like other high margin rapid growth stocks. They are given a higher PE that they can grow into over time.
Buying and holding ANY of these penny stocks is a gamble, but the DD around this self published title, along with the position they are in to get it into mass retailers via their already established distribution/connections, indicates that this is as good a gamble as any penny stock trading for under $100 million.
Repost...
How many brick and mortar stores does Walmart have?: https://www.walmart.com/ip/Kill-the-Unicorns-An-Enchanted-Card-Game-For-Evil-Geniuses-Exclusively-Sold-on-Walmart-com/548174258
Another FUNN game that’s about to hit the largest retailer: https://www.walmart.com/ip/Red-Panda-Card-Game-Exclusively-Sold-on-Walmart-com/979543007
Very soon the first deliveries will reach the stores and this stock is going to launch off these levels, from the biggest PR/event in company history...
Remember, all the previous distribution deals were limited to just Canada, a country 1/10 the size of the USA... and none of those deals had margins this high, because they were just distribution deals for other companies, not their own titles
_____________
Really, you dont think Snakes knows which games do well and which ones do not? Most publishers are nothing more than a game, Snakes is game cafe FIRST, which is the ultimate advantage. none of the these competitors have first hand experience with consumer demand/interest like this, which is why some of them turn to Snakes to get known. lol
Toronto is the 4th largest City in North America and guess who is the Big Dog with THOUSANDS of customers per WEEK, maybe per DAY? This game could go viral, using Toronto as a launching pad
Roger has made mistakes, i have no problem pointing that out, but lets not confuse the highly skilled people working at Snakes (250 employees) with his mistakes. You dont land Walmart before the game is even produced unless you can SELL... and SALES IS EVERYTHING!
1000's of customers per day can become thousands of strong reviews all over the internet, thanks to learning the game EASILY within these Snakes locations.... and so far most, if not all the KS reviews have been positive, even though these customers were upset over how long it took them to get it. If THESE customers are liking the game, when they have every reason to be pissed, it says A LOT!.
We will sell a ton just because of the theme imo. The hardest part is getting on the shelf of the largest retailers (check!). No doubt it will get picked up/spotted by MANY people now, due to millions of people walking by the packaging/theme
More DD: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151611247
Again, this is not your typical SEC compliance audit, where the auditors are going to work with your deadline. That stock is an OTC company, FUNN is not.
This is an uplisting audit and on average they take a year++... Once you uplist to the OTC the auditor looks at you differently. They no longer have to go over your historical data hundreds of times to verify each and every little thing, while limiting your time to so many hours per week, because they’re paid a set amount no matter how long it takes. The financial regulations have influenced auditors to treat companies this way.
I mentioned this distinction in the previous post.
The people hyping themselves on an audit coming out tomorrow are going to be extremely disappointed. I give it zero odds
It beats me as to why so many are predicting the worst.
Its important to stay ACTIVE with OTC Markets and file anything that you can... They can go without releasing the extension, like other stop sign stocks, but they are removing tickers that show no effort to file reports.
FUNN filed reports a year ago so they are not as risk of being penalized, but its wise to stay active with them, any way possible.
... and no company is going to claim that they WONT be able to file before the end of the extension. Its just boiler plate BS. Been saying this since it came out.
MANY people are hungry for cheapies, before the biggest events in company history. Ill be a buyer... im as frustrated as anyone about he audit, but i know better than to get scared out at the lows. This is the time when SMART money is "greedy when others are fearful"...IMO this stock will be much higher than these levels when their HIGH MARGIN self published title(s) hit the shelves of the largest retailer(s)
I have had orders in since the big/quick dip the other day.
reposts...
This cap is getting really cheap imo, the single-game can make this an $XXX,XXX,XXX stock.
They are in the perfect position to push this game into retailers, then get it known by thousands of people per week.
Any day now the biggest PR in company history will be released. If anybody has held this long it would be unsavvy to sell now, at these levels. Walmart is going to drive a significant wave of hype. When we can all walk in and see a self published title on the shelves, across the USA, it will change the way people view this company. Right now Snakes only distributes games in Canada and none of them are a high margin self published title
This will be the first game that we can sell worldwide... and two more titles are coming up right behind it
#gamechanger
______________
Morning does not need to update anyone on the shipments anymore, because the backers have already received their orders.
Morning is not in charge of corporate info, other than what directly relates to Kickstarter. KS backers have nothing to do with Walmart, etc... The next update will be from FUNN and will likely announce the rollout to Wally, Amazon, etc
I expect several big name retailers to be announced in the coming months, all over the world
This next shipment might be drop-shipped at Walmart.
_____________
BTW, FUNN will see $$$ from these titles for years. Dont put too much focus on having to have the game out by a certain date, these games sell alllll year... and when you can market to THOUSANDS of people PER DAY via your locations, they are in a great position to succeed.
I FULLY expect this game to make FUNN extremely NET profitable, even with just moderate sales. They are close to breakeven now imo
I just hope Roger does more to paint this picture for the maket, so we can sustain over inflated levels (like other rapid growth stocks), instead of at the bottom of the valuation range.
____________
If people have held this long, they would be wise to at least wait until this board is full of KTU pictures, on the shelves of the LARGEST retailer, who controls 50%+ of the toy market = very busy toy/game isles!
Millions of people will be walking by our title... CRAP titles can sell well with this level of foot traffic and KTU has a popular theme + attractive/attention grabbing packaging, within the right impulse price range
Walmart will sell out of the first order FAST imo. I bet single longs clear out locations, forcing an instant reorder. lol
This stock will be flying on the reorder PR. Speculation could reach record levels... tick tock...
It is a formality. Im sure he was advised by his auditors, accountants and/or legal council to do so to please OTC markets, etc. Roger relies on others to advise him on these matters, like most CEOs
The comments in there are boiler plate stuff and again it was likely not even Rogers words.
So you think they would wait until the last minute to be released?... C'mon, that is illogical.
We might get a statement from Roger, but the odds are against the numbers. Ive been saying this for the past 2 weeks. I did not think he would release them at ANY time during the extension, waiting until the VERY last minute makes no sense to me. Timing dont work out like that, this isn't a movie. lol
If they were already an OTC company and this was just a normal extention, then yes they could possibly release it last minute... but this is a pink trying to get on the OTC. These auditors are not burning the midnight oil, trust me.
The extension is just a FORMALITY, not a statement about the timing.
Its because they CANT guess... Roger has already tried that. The process is out of his hands. Right when they think they are close, they find another loose thread and when a ticker has been in existence since 1985 there is going to be a lot of missing files, etc... and who knows how well the Morning crew handled their books. They filed BK...
From the very beginning this entire process was relayed poorly and its partially because Roger has never done this before, or even followed other penny stocks going through it. His experience was ZERO... People that have experience with penny stocks KNOW that it takes a loooong time (year++), even for a shell, but Roger thought he could crank it out fast. He should have just told everyone not to look for it being done for a while and it would not have been so bad. Instead he built us up on multiple dates, which he sincerely thought he could meet, but didn't. An audit is NOT OVER, UNTIL ITS OVER.... and penny traders dont like to be elevated and dropped, over and over.
If Roger had some experience by his side, he could have handled the entire process differently, but that is all in the past. Now he can only try and build up the future, which he is not doing very well. Once again, this comes back to EXPERIENCE... He DESPERATELY needs someone with some market savvy by his side. Someone that has more tools, strategies and connections than just releasing PRs
Does anyone really think the timing will work out so well that the financials will be released at the last minute of an extension? lol... esp after waiting a year for them?
NO ONE WITH ANY SAVVY EXPECTS THEM TO BE RELEASED... If people did, we would have been moving off this multi year low with more volume.
(repost) My view: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151625696
...and... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151649230
...and... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151650382
Its all priced in imo. No one expects it, hence the price/volume.
I believe the Kill The Unicorns title is a very powerful attention grabbing sales generator... Exploding Kittens did $50 million in the first year, in just the USA and has gone on to do nine figures total worldwide.
These titles have the type of humor that gamers like. If this was a game called Free the Unicorns or some other corny title, it would be attractive towards young girls and likely wouldn’t do very well at all, because there is soooo much unicorn crap targeted at that demographic
But there are millions of people that collect UNIQUE unicorn stuff and are tired of the theme all together, which is the true selling aspect imo. This game is a spoof on a popular theme, just like Exploding Kittens.
When they made Kittens, Cat pics/videos were the most searched topic on Google. They profited off that popularity/theme... and the unicorns theme has never been more popular than it is right now.
This game is in the perfect position to sell millions. It might not do tens of millions, but it definitely has the potential... As the re-order PRs start coming in from the largest retailers, this will send speculation through the roof.
If people have held this long, they would be wise to at least wait until this board is full of KTU pictures, on the shelves of the LARGEST retailer, who controls 50%+ of the toy market = very busy toy/game isles!
Millions of people will be walking by our title... CRAP titles can sell well with this level of foot traffic and KTU has a popular theme + attractive/attention grabbing packaging, within the right impulse price range
Walmart will sell out of the first order FAST imo. I bet single longs clear out locations, forcing an instant reorder. lol
This stock will be flying on the reorder PR. Speculation could reach record levels... tick tock...
BTW, FUNN will see $$$ from these titles for years. Dont put too much focus on having to have the game out by a certain date, these games sell alllll year... and when you can market to THOUSANDS of people PER DAY via your locations, they are in a great position to succeed.
I FULLY expect this game to make FUNN extremely NET profitable, even with just moderate sales. They are close to breakeven now imo
I just hope Roger does more to paint this picture for the maket, so we can sustain over inflated levels (like other rapid growth stocks), instead of at the bottom of the valuation range.
Morning does not need to update anyone on the shipments anymore, because the backers have already received their orders.
Morning is not in charge of corporate info, other than what directly relates to Kickstarter. KS backers have nothing to do with Walmart, etc... The next update will be from FUNN and will likely announce the rollout to Wally, Amazon, etc
I expect several big name retailers to be announced in the coming months, all over the world
This next shipment might be drop-shipped at Walmart.
This cap is getting really cheap imo, the single-game can make this an $XXX,XXX,XXX stock.
They are in the perfect position to push this game into retailers, then get it known by thousands of people per week.
Any day now the biggest PR in company history will be released. If anybody has held this long it would be unsavvy to sell now, at these levels. Walmart is going to drive a significant wave of hype. When we can all walk in and see a self published title on the shelves, across the USA, it will change the way people view this company. Right now Snakes only distributes games in Canada and none of them are a high margin self published title
This will be the first game that we can sell worldwide... and two more titles are coming up right behind it
#gamechanger
My view: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151625696
...and... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151649230
...and... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151650382
Its all priced in imo. No one expects it, hence the price/volume.
(repost) If there is "no company" whos cash is being used to buy millions of shares back (per 8Ks), on behalf of the shareholders? Is Glenn using his own money? That would be very nice of him!
Why have these large corporations not sent them a Cease and Desist for using their name everywhere?
Do you think the court documents are phony and they didn't really win millions? How does one create fake court docs, then get them on Pacer?
Is it logical that Glenn is lying to the SEC about the entire company? Why would he work so hard to increase transparency and remove the stop sign? Wouldn't it be more advantageous to remain dark?
Why is there never any substance included with those claims? No matter how many times i ask?
What should a savvy investor believe? Facts or substanceless claims?
______________
(repost) There hasn't been zero dilution? Revs are not increasing? Net profits and free cash are not piling up, resulting in buybacks? The stock hasn't been plotting higher lows? These well known customers are fake? Glenn has not been improving the company over what was taking place before him? He isn't winning lawsuits on behalf of shareholders?
This is a penny stock, so no one should be expecting perfection... but if what Glenn is doing is shady/evil, then how does one view the thousands of other penny tickers which are mass diluting, lining pockets, not achieving their goals and constantly plotting lower lows?
Long term, the negative claims have been consistently proven wrong. If all the negative BS was true this would have hit .0001 under Glenn, reverse split and headed back to .0001 by now, under the weight of heavy dilution/insider greed.... but all i see is YEARS worth of the exact opposite. Hmmmm, what should one believe, unsubstantiated claims or substance?!
How can someone fairly/honestly say that a game is crappy before it’s even sold?
... and even with the early reviews from both average people and professional gamers claiming it’s a great game?... These kickstarter backers have a reason to hate this game, after getting if this late, but even they are claiming the game was “worth the wait”
I prefer sensible opinions
Yeah except FUNN has only announced that they've printed 40,000 copies
Genius Brands International and Alibaba Partner to Co-Produce the New Animated Children’s Series, Stan Lee’s Superhero Kindergarten, Starring Arnold Schwarzenegger
Alibaba’s Youku Streaming Service to Bring Series Created by Legendary Stan Lee to China
BEVERLY HILLS, Calif., Oct. 14, 2019 (GLOBE NEWSWIRE) -- Genius Brands International “Genius Brands” (NASDAQ: GNUS) announced today it has formed a strategic co-production partnership with Alibaba Group’s (NYSE:BABA) video streaming platform, Youku, to co-produce the all-new children’s animated series, Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger.
Genius Brands International (NASDAQ: GNUS) announced today it has formed a strategic co-production partnership with Alibaba Group’s (NYSE:BABA) video streaming platform, Youku, to co-produce the all-new children’s animated series, Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger.
Genius Brands and Alibaba’s Youku will co-produce 52 x 11 episodes of the comedy, action-adventure series, which will be available to Chinese audiences on Youku. Genius Brands is also currently in active discussions with potential U.S. partners and is debuting Stan Lee’s Superhero Kindergarten to international buyers at this year’s MIPJunior, a leading global kids entertainment industry event in Cannes, France.
Created by Stan Lee as one of his final projects, Stan Lee’s Superhero Kindergarten, which targets kids ages 4 – 7, is also co-produced by Lee’s POW! Entertainment, and Schwarzenegger’s Oak Productions. Schwarzenegger, who also serves as executive producer, lends his voice as the lead character in the series. Co-creator of Deadpool, Fabian Nicieza, who has sold over 100 million comics worldwide, is scripting the series. Genius Brands’ Chairman and CEO and multiple Emmy Award-winning producer of more than 5,000 episodes of children's programming Andy Heyward, Paul Wachter, CEO of Main Street Advisors, and President of POW! Entertainment Gill Champion also serve as executive producers.
“Youku is one of the most innovative media platforms in the world with an unparalleled ability to integrate entertainment and commerce,” commented Andy Heyward, Chairman & CEO of Genius Brands. “We look forward to collaborating with Youku to create a high-quality program in the preschool space that will resonate with a global audience.”
“With Stan Lee’s creativity, Arnold Schwarzenegger’s star power, and Genius Brands’ expertise in children’s entertainment, Superhero Kindergarten has all the elements to become a worldwide phenomenon. With Youku’s platform and technology, we are excited to help the program reach hundreds of millions of families in China and partner with Genius Brands to create this inspiring story for children around the world,” stated Aaron Liao, General Manager of Youku Kids.
About Superhero Kindergarten
Five years ago, a tremendous superhero battle blanketed the small town of Greenvale in cosmic radiation. Shortly thereafter, a previously ordinary diverse group of boys and girls, are showing the most unusual superpowers! Their superpowers, however, rather than coming from Kryptonite, or a radioactive spider, come from items in their kindergarten classroom….white glue, wooden blocks, crayons, silly putty, etc.
A very special kindergarten teacher arrives in Greenvale to train these super-kids. Arnold Armstrong (Arnold Schwarzenegger) knows what it is like to control superpowers, because he used to be Captain Courage, the hero whose final battle resulted in the creation of the super-kids! Arnold will teach the kids how to become the heroes of tomorrow, once he teaches them how to tie their shoes! This is a series of action, comedy, and fun, based on the genius and imagination of the great creative icon, Stan Lee.
About Youku
Youku is a leading multi-screen online video sharing and streaming platform in China and forms a key part of Alibaba Group's digital media and entertainment business, under its “Double H” (Health and Happiness) strategy. Youku Kids offers high-quality programming, covering a comprehensive range of categories including animation series, nursery songs, puzzle games, e-books, and preschool education.
About Genius Brands International
Headquartered in Beverly Hills, Genius Brands International, Inc. (Nasdaq: GNUS) is a leading global kids media company developing, producing, marketing and licensing branded children’s entertainment properties and consumer products for media and retail distribution. The Company’s “content with a purpose” brand portfolio, which is led by award-winning creators and producers, includes preschool properties Rainbow Rangers for Nick Jr. and Llama Llama for Netflix; award-winning toddler brand, Baby Genius; adventure comedy STEM series, Thomas Edison's Secret Lab; and financial literacy and entrepreneurship series, Warren Buffett's Secret Millionaires Club. The Company’s content catalog also includes the animated series, Stan Lee's Cosmic Crusaders, created with Stan Lee's Pow! Entertainment. Seeing the need to provide kids and parents with a safe viewing environment that offers premium enriching and engaging programming, Genius Brands launched the Genius Brands Network – comprised of Kid Genius Cartoon Channel and Baby Genius TV, as well as an exclusive Kid Genius Cartoons Plus subscription channel on Amazon Prime. The Network channels are available in approximately 80 million U.S. households via a variety of distribution platforms, such as OTT, set-top box, internet, and mobile. Through licensing agreements with category leading partners, characters from the Company’s properties also appear on a wide range of consumer products for retail. For additional information, please visit www.gnusbrands.com.
About Stan Lee’s POW! Entertainment
POW! Entertainment Inc. is a multimedia company founded in 2001 by the iconic comic book creator Stan Lee with his friend and business partner Gill Champion, who is the President today, to create and license intellectual properties for entertainment media, including: feature-length films, television, merchandising, branded content and other related ancillary markets as well as exclusively maintain and protect the ownership of his name, likeness, voice, trademarks and publicity rights throughout the world. POW! Entertainment was acquired by Hong Kong-based Camsing International Holding Limited, one of China's leading brand licensing, entertainment, marketing, and promotion companies, in 2017. Under new leadership, another original founder and industry veterans from Marvel and MGM, POW! is working with top writers, artists, animators, filmmakers, and actors to extend the legacy of the greatest storyteller of our time.
Forward-Looking Statements:
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
MEDIA CONTACT:
Michelle Orsi
Three.Sixty Marketing & Communications
(310) 418-6430
michelle@360-comm.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7a17e28e-f87e-4972-8b40-be5a7a2fc015
Source: Genius Brands International, Inc.
© 2019 GlobeNewswire, Inc.
Genius Brands International and Alibaba Partner to Co-Produce the New Animated Children’s Series, Stan Lee’s Superhero Kindergarten, Starring Arnold Schwarzenegger
Alibaba’s Youku Streaming Service to Bring Series Created by Legendary Stan Lee to China
BEVERLY HILLS, Calif., Oct. 14, 2019 (GLOBE NEWSWIRE) -- Genius Brands International “Genius Brands” (NASDAQ: GNUS) announced today it has formed a strategic co-production partnership with Alibaba Group’s (NYSE:BABA) video streaming platform, Youku, to co-produce the all-new children’s animated series, Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger.
Genius Brands International (NASDAQ: GNUS) announced today it has formed a strategic co-production partnership with Alibaba Group’s (NYSE:BABA) video streaming platform, Youku, to co-produce the all-new children’s animated series, Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger.
Genius Brands and Alibaba’s Youku will co-produce 52 x 11 episodes of the comedy, action-adventure series, which will be available to Chinese audiences on Youku. Genius Brands is also currently in active discussions with potential U.S. partners and is debuting Stan Lee’s Superhero Kindergarten to international buyers at this year’s MIPJunior, a leading global kids entertainment industry event in Cannes, France.
Created by Stan Lee as one of his final projects, Stan Lee’s Superhero Kindergarten, which targets kids ages 4 – 7, is also co-produced by Lee’s POW! Entertainment, and Schwarzenegger’s Oak Productions. Schwarzenegger, who also serves as executive producer, lends his voice as the lead character in the series. Co-creator of Deadpool, Fabian Nicieza, who has sold over 100 million comics worldwide, is scripting the series. Genius Brands’ Chairman and CEO and multiple Emmy Award-winning producer of more than 5,000 episodes of children's programming Andy Heyward, Paul Wachter, CEO of Main Street Advisors, and President of POW! Entertainment Gill Champion also serve as executive producers.
“Youku is one of the most innovative media platforms in the world with an unparalleled ability to integrate entertainment and commerce,” commented Andy Heyward, Chairman & CEO of Genius Brands. “We look forward to collaborating with Youku to create a high-quality program in the preschool space that will resonate with a global audience.”
“With Stan Lee’s creativity, Arnold Schwarzenegger’s star power, and Genius Brands’ expertise in children’s entertainment, Superhero Kindergarten has all the elements to become a worldwide phenomenon. With Youku’s platform and technology, we are excited to help the program reach hundreds of millions of families in China and partner with Genius Brands to create this inspiring story for children around the world,” stated Aaron Liao, General Manager of Youku Kids.
About Superhero Kindergarten
Five years ago, a tremendous superhero battle blanketed the small town of Greenvale in cosmic radiation. Shortly thereafter, a previously ordinary diverse group of boys and girls, are showing the most unusual superpowers! Their superpowers, however, rather than coming from Kryptonite, or a radioactive spider, come from items in their kindergarten classroom….white glue, wooden blocks, crayons, silly putty, etc.
A very special kindergarten teacher arrives in Greenvale to train these super-kids. Arnold Armstrong (Arnold Schwarzenegger) knows what it is like to control superpowers, because he used to be Captain Courage, the hero whose final battle resulted in the creation of the super-kids! Arnold will teach the kids how to become the heroes of tomorrow, once he teaches them how to tie their shoes! This is a series of action, comedy, and fun, based on the genius and imagination of the great creative icon, Stan Lee.
About Youku
Youku is a leading multi-screen online video sharing and streaming platform in China and forms a key part of Alibaba Group's digital media and entertainment business, under its “Double H” (Health and Happiness) strategy. Youku Kids offers high-quality programming, covering a comprehensive range of categories including animation series, nursery songs, puzzle games, e-books, and preschool education.
About Genius Brands International
Headquartered in Beverly Hills, Genius Brands International, Inc. (Nasdaq: GNUS) is a leading global kids media company developing, producing, marketing and licensing branded children’s entertainment properties and consumer products for media and retail distribution. The Company’s “content with a purpose” brand portfolio, which is led by award-winning creators and producers, includes preschool properties Rainbow Rangers for Nick Jr. and Llama Llama for Netflix; award-winning toddler brand, Baby Genius; adventure comedy STEM series, Thomas Edison's Secret Lab; and financial literacy and entrepreneurship series, Warren Buffett's Secret Millionaires Club. The Company’s content catalog also includes the animated series, Stan Lee's Cosmic Crusaders, created with Stan Lee's Pow! Entertainment. Seeing the need to provide kids and parents with a safe viewing environment that offers premium enriching and engaging programming, Genius Brands launched the Genius Brands Network – comprised of Kid Genius Cartoon Channel and Baby Genius TV, as well as an exclusive Kid Genius Cartoons Plus subscription channel on Amazon Prime. The Network channels are available in approximately 80 million U.S. households via a variety of distribution platforms, such as OTT, set-top box, internet, and mobile. Through licensing agreements with category leading partners, characters from the Company’s properties also appear on a wide range of consumer products for retail. For additional information, please visit www.gnusbrands.com.
About Stan Lee’s POW! Entertainment
POW! Entertainment Inc. is a multimedia company founded in 2001 by the iconic comic book creator Stan Lee with his friend and business partner Gill Champion, who is the President today, to create and license intellectual properties for entertainment media, including: feature-length films, television, merchandising, branded content and other related ancillary markets as well as exclusively maintain and protect the ownership of his name, likeness, voice, trademarks and publicity rights throughout the world. POW! Entertainment was acquired by Hong Kong-based Camsing International Holding Limited, one of China's leading brand licensing, entertainment, marketing, and promotion companies, in 2017. Under new leadership, another original founder and industry veterans from Marvel and MGM, POW! is working with top writers, artists, animators, filmmakers, and actors to extend the legacy of the greatest storyteller of our time.
Forward-Looking Statements:
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
MEDIA CONTACT:
Michelle Orsi
Three.Sixty Marketing & Communications
(310) 418-6430
michelle@360-comm.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7a17e28e-f87e-4972-8b40-be5a7a2fc015
Source: Genius Brands International, Inc.
© 2019 GlobeNewswire, Inc.
There is sure are a lot of effort to hurt this company. Are these lawsuits upsetting people?
I guess a decreasing OS/zero dilution/buybacks, rapidly increasing revs, landing credible multibillion dollar customers, Increasing cash without dilution, winning lawsuits, higher lows, etc is a bad thing now... while most pennies have mass dilution, insider greed, lack of execution/no followthrough, heavy debt, no cash, etc.
It’s important to always maintain a proper perspective.
CMGO buyback DD/proof:
CMG Holdings Group Inc. pursuant to their Board of Directors approved a repurchase program on June 10, 2019 to buy back up to 100 million common shares over the next two years. The Company announced today that it has started the repurchase program by purchasing 1,050,098 common shares in the market at an average price of .00769. The shares purchased in this announcement and future purchases will be retired to the treasury which will reduce the corresponding amount from the outstanding total share pool.
https://www.otcmarkets.com/filing/html?id=13508886&guid=_ehIU6mgIW7cO3h
_______________
CMG Holdings Group Inc. pursuant to their Board of Directors approved a repurchase program on June 10, 2019 to buy back up to 100 million common shares over the next two years. The Company announced today that it is continuing the repurchase program by purchasing 990,000 common shares in the market at an average price of .0073. The shares purchased in this announcement and future purchases will be retired to the treasury which will reduce the corresponding amount from the outstanding total share pool.
https://www.otcmarkets.com/filing/html?id=13532613&guid=_ehIU6mgIW7cO3h
____________
CMG Holdings Group Inc. pursuant to their Board of Directors approved a repurchase program on June 10, 2019 to buy back up to 100 million common shares over the next two years. The Company announced today that it is continuing the repurchase program by purchasing 1,000,000 common shares in the market at an average price of .00735. The shares purchased in this announcement and future purchases will be retired to the treasury which will reduce the corresponding amount from the outstanding total share pool.
https://www.otcmarkets.com/filing/html?id=13664102&guid=46qfUF8KQDJcith
________________
We recently passed a resolution which has enabled us to buy 100MM shares of our stock to be retired. I discovered a rich vein of shares that I believe can be purchased way below the market. We have 38.5 m shares on our books that are restricted. They have been on deposit with the transfer agent and have remained untouched for 7 plus years. They are as small as 10k shares and as big as 500k to 1 million shares. One thing is for certain, they are never going to be deposited to trade. I have begun to call some of the listed owners. I have discussed buying them back by the company at severe discounts and there is good interest. I believe over the next couple of quarters, we will be able to repurchase the majority and reduce the OS by between 5-8 percent. I am very excited by this prospect and so should CMG shareholders be. As the process moves along, I will keep you informed.
https://www.otcmarkets.com/stock/CMGO/news/CMG-Provides-Corporate-Update?id=240325
____________
CMG Holdings Group's Board of Directors Authorizes 100 Million Share Repurchase Program
CHICAGO, June 13, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of CMG Holdings Group, Inc. (OTC: CMGO) announces today the approval of a share buyback program of up to 100 million shares of the Company's common stock over the next two years. The share repurchases will be made at the discretion of the company through the open market purchases and/or privately negotiated transactions.
CMG's Chairman and CEO Glenn Laken said, "We are very excited by the prospects for the company going forward and have decided to implement this buyback based on our view that the price of the stock does not accurately reflect the value of the company and its increasingly positive prospects. We believe that this program is a very important step in increasing shareholder value. I'd like to thank our loyal shareholders for their support. Further information on CMG developments can be found at @CMGOnews on Twitter." The repurchases will be made with cash on hand, free cash flow from operations, and potential bank financing. Full details of the stock repurchase program may be found in CMG's report on Form 8K which will be filed within the next few business days.
About CMG Holdings Group, Inc.
CMG Holdings Group, Inc. is a Chicago holding company whose primary operating subsidiary is XA – The Experiential Agency, Inc. (http://www.experientialagency.com) - which engages in the alternative advertising, digital media, experiential and interactive marketing, and entertainment sectors. XA is involved in production and promotion, event design, sponsorship evaluation, negotiation and activation, talent buying, show production, stage and set design, and data analysis and management activities. The business also offers branding and design services, such as graphic, industrial and package designs across traditional and new media, public relations, social media, media development and relations, and interactive marketing platforms to provide its clients with customary private digital media networks to design and develop individual broadcasting digital media channels to sell, promote, and enhance their digital media video content through mobile, online, and social media. XA serves clients across the marketing communication industry. Separately, CMG Holdings Group owns Lincoln Acquisition Corp., a subsidiary formed to manage its portfolio investments.
Disclosure Statement
Statements in this press release about our future expectations, including without limitation, the likelihood that CMG Holdings Group, Inc. will meet minimum sales expectations, be successful and profitable, bring significant value to its stockholders, and leverage capital markets to execute its growth strategy, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and our actual results could differ materially from expected results. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law. No information in this press release should be construed in any form shape or manner as an indication of the Company's future revenues, financial condition or stock price.
Contact
Glenn Laken
CEO
CMG Holdings Group, Inc.
(773) 770-3440
glennbrlaken@gmail.com
Twitter: @CMGOnews
(repost) There hasn't been zero dilution? Revs are not increasing? Net profits and free cash are not piling up, resulting in buybacks? The stock hasn't been plotting higher lows? These well known customers are fake? Glenn has not been improving the company over what was taking place before him? He isn't winning lawsuits on behalf of shareholders?
This is a penny stock, so no one should be expecting perfection... but if what Glenn is doing is shady/evil, then how does one view the thousands of other penny tickers which are mass diluting, lining pockets, not achieving their goals and constantly plotting lower lows?
Long term, the negative claims have been consistently proven wrong. If all the negative BS was true this would have hit .0001 under Glenn, reverse split and headed back to .0001 by now, under the weight of heavy dilution/insider greed.... but all i see is YEARS worth of the exact opposite. Hmmmm, what should one believe, unsubstantiated claims or substance?!
If there is "no business whatsoever" whos cash is being used to buy millions of shares back (per 8Ks), on behalf of the shareholders? Is Glenn using his own money? That would be very nice of him!
Why have these large corporations not sent them a Cease and Desist for using their name everywhere?
Do you think the court documents are phony and they didn't really win millions? How does one create fake court docs, then get them on Pacer?
Is it logical that Glenn is lying to the SEC about the entire company? Why would he work so hard to increase transparency and remove the stop sign? Wouldn't it be more advantageous to remain dark?
Why is there never any substance included with those claims? No matter how many times i ask?
What should a savvy investor believe? Facts or substanceless claims?
He is suing multiple parties and winning. Good enough reason to try to harm this company?
CMG HOLDINGS GROUP, INC. ANNOUNCES IT HAS SETTLED ITS LITAGATION AGAINST JOSEPH WAGNER AND HUDSON GRAY.
https://www.otcmarkets.com/stock/CMGO/news/CMG-HOLDINGS-GROUP-INC-ANNOUNCES-IT-HAS-SETTLED-ITS-LITAGATION-AGAINST-JOSEPH-WAGNER-AND-HUDSON-GRAY?id=224175
Then theres this new $13.8 lawsuit: https://www.otcmarkets.com/filing/html?id=13658454&guid=WPnfU6RnR1vNnth
If Roger was proactive and had an awareness plan (no promoters needed), we would be trading for $XXX,XXX,XXX right now imo, based on speculation alone... and ONLY because of this high margin game launch. The rest of the biz is bonus...
We are .05 because only the people that are ALREADY IN THE STOCK understand the magnitude of this game launch. He is not using PRs, Social media, their video creation abilities, etc to their advantage... which indicates to me that he does not understand how, which is why we need a PRO/IR that has told MANY corporate stories.
When you do nothing to explain the DETAILS of the story and/or get noticed, its hard to price this stuff into the stock. Simple to understand.
You get what you put in.
Not much is priced in because Roger does nothing to draw interest to the DD. We are trading on the mercy of market sentiment
lol... this isn't a nasdaq stock with 1000 analysts following it. The market prices little more that SHORT TERM trader sentiment in these stocks.
This is why they run so much/fast when they get news. The price has to quickly catch up cause nothing is priced in.
#thickBS
Listing the companies they’ve done work for over the years it’s not misleading. Many companies do that. It helps validate their credibility, which is what any smart business person would do/provide... Do you see any of those big companies sending them a Cease and Desist???
Where does it say all of those customers are currently paying them? It doesn’t. Many of them could’ve been contracted under the old management and when they sign recent/future contracts they are new customers to the current management/financials. This is a contract based business
This entire topic is insignificant and petty... while the fact that the OS is decreasing, revenues are increasing, net profits/free cash flow is piling up, lawsuits are being won, theres zero dilution, several big events are coming, etc is ignored.
Let’s use some common sense/savvy. If the market was expecting this to be filed over the next few days the price would not be at multi year lows, with low volume
I’d be willing to bet that no one expects it to be filed during the extension period. People might claim they do, but deep down they have doubts, because timing rarely works out this perfectly.
If there was a strong indication that this was going to be filed we would be seeing the strongest move we’ve seen since 2017 right now...
... and this is all priced in the stock, hence the multi years low’s. The filing is not priced in, so if we do get it...