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Not slamming your post-the print was too small for me to read and I could not enlarge it is all. The only thing that worries me a bit about the Murphy report is the distance of completion to release. The further we get away from the times of the report findings the less impact they may have upon release.
That's a little to tough to read. Where in the entire process is Wayward now? I don't see a release until 2016, maybe?
Also-The Murphy report I feel is already in the pocket of REDG and they are waiting for a time to release it. Honestly, how long could it take to compile the information and put it together? As an independent contractor Murphy has probably completed their audit and is out of the picture.
Let's hope that their findings are fair and balanced and not 'deck stacked' like say, MSNBC, that presents a lop sided, one viewed, and myopic presentation of any subject they report on.
We may have to wait another 18 months from now for that to happen, maybe longer. Who knows though? Our money has been used for convertible notes to bolster the company-so be it. There have been dozens of them over the last 18 months which have held us underwater for far too long.
Just maybe REDG would consider using one of these upcoming notes to market themselves now that things are coming together, therefor raising the PPS.
The philosophy being, 'A rising tide floats all boats.'
Months and months of DD does no good if it keeps getting posted to the same people over and over again. WE already believe to a greater or lesser degree...WE do not need to be convinced. The greater investment community needs to know what we know and see the things we see.
The only way to do that is an email campaign, so in other words a pump or a blitz.
A pump or a marketing blitz? A pump is associated with the promotion of a almost worthless penny company. With REDG that would not be the case. To bring eyes on whats coming along with what we have, a marketing blitz is just the thing we need.
The only news that propels this in the manner you suggest is rev's. Touch the 2s this week? Maybe. Good flip opportunity if it does-not spending my money anymore but I will try to turn this over at least 1/2 times before Nov.
Absolutely agree. Hey, don't get me wrong, it's sure nice to see green-but you are correct. No rev's yet reported, no significant news. It's a flip opportunity to leverage down, maybe to take a little profit.
No sense getting amped up about this-it's not time...yet.
I think you should wait until REDG hits .0004 to buy-I mean why not get in as low as you can? Don't take your money out of your pocket until at least .0007...
Probably a sound strategy. I will pull some profit from this if we hit .02/.025 on a spike of some sort. If it's a gradual climb I will hold my position and see where it goes. There will be a lot of profit taking due to folks wanting to see some reward for their patience over the last months/year.
Still, with the potential we have it will be hard to judge just how the PPS plays out. I think after we hit copper there's a lot of up and down then a steady rise-slow but steady.
If I may...so many variables at this point, it's hard to say where we end up. I can see this going many ways-just too tough to say. Rev's or not? Documented or not? Movie confirmation from a credible source?
PPS? Highest prediction-.02/.025 at the end of the year given documented rev's. Not bad and a mighty good payday. No way would I sell my whole position into that PPS, but some for sure.
You are correct. The run up and through could carry us to .05-a very nice payday although no one can time the market perfectly-we just need to get through the dilution. Yes-time will tell.
Let's go with 20 or 21 advertisers vs 26. I think that would be a fair uptick from the 14 1st reported. Anything more would be icing on the cake. I think that also levels out post holiday numbers as well.
5 million in the first quarter? Very doubtful. Cut that in half or maybe a little better and I think the numbers fit the situation.
Jeesh-let's say you are right. How 'big' does this have to be-along with other projects-to propel this to say low copper or even a nickel? We don't have to hit a home run every time we come up to bat...we just need to get on base.
Life changing PPS from these prices can be low copper, a nickel, or maybe in a year- a dime. How 'big' does this one project have to be...I'd say moderately successful.
Which if true, puts us in the same position we are currently in. Low PPS with revenues from the GSL coming in the next few months. Playing this on the spikes seems to be the follow through strategy for now. 'Learned that from another poster here who seems to be having great success with it.' As long as Mr Powell continues to dilute-what else is there?
All you gotta do is put in the order-right now there's plenty of em'.
No big deal. My thoughts on our situation have changed over the last few months. I think a person has to go with the reality of the situation at hand-I am still cautiously optimistic but more in a guarded way.
We are invested in REDG because of potential leading to future pay off. The thing that is hard to call is the 'when' of that future. 6 months? 1 year? 3 years? Hard to say.
When the manipulation stops we may just have a tiger by the tail-until then, tough to make a solid prediction.
It looks as if Palmach has come to a realization based on the reality of our situation. REDG is being manipulated-that is a fact. The bulk of advertisers will want to sign on during the holiday season...and not after, advertiser retention will be a challenge in a year round setting and will need to be worked on.
Now, I have as much hope for things to come together as anyone who has held for a while. Like Palmach, I need to see confirmation on paper that revenue is coming in. I believe that once we are inside the 10 day contract window with TRU some fears will be calmed.
I don't want to hear Mr Powell talk about this being a 1.00 PPS stock when we are sitting at 1/10th of a cent, convertible notes are being used and continue to be used, and the news of revenues will come out in parcels and not in a whole release.
I do believe we will make it-I also believe that success will take a while. Maybe .03-.05 this time next year and that's not shabby. If you're still buying at these levels, even at small amounts, the ROI is still considerable.
I would think that the finalization with the deal with TRU and the subsequent revenues would help propel the PPS upward. Are you saying that there would be no, or at least very little upward movement?
Those revenues would make REDG self sustaining which I believe would be what we have been looking for. If the revenues from advertising do not pop the PPS-what do you believe would be the catalyst that would do so?
I'm sure things will start to get cooking around the last week of October. My thoughts are that we will get some sort of news within the 10 day framework of the agreement with TRU. I was thinking the same thing with any revenues gathered from advertisers-which is they will also want to make sure the deal with REDG/TRU is a go before they pay for their advertisements. We've got a little time yet...nothing we're not use to at this point. Just like the Army-'Hurry up and wait'. We wait.
When and in what form would we first hear that revenues had started to come in? Would we have to wait until spring for confirmation?
Jeesh-I'm pretty sure I did that. Also got to disprove the post as well which was done. Good luck to us all.
There should be a post (a few down) regarding them being, or having their corporate license in FL-they are. The other was about them letting go of their same license in Nevada. Mr Powell lives in Florida so it makes sense that the company has their corporate license there as well.
I can re-post the original if you want to see it. I deleted it for being off topic.
I didn't sweat a drop on it. I know this is legit. The only thing I'm concerned about is the convertibles...it's the only thing that causes me any concern.
I knew his post wouldn't stand-but posted proof was needed to counter his bullshit info. You provided the counter...thanks.
As we get closer to some sort of profitability guys like him will start coming out of the woodwork. Just have to counter with true info.
Outstanding. Was not worried but knew that we needed an answer to this right away. You were faster than Kurt. Thanks.
I've emailed Kurt concerning this information to include the post and link. As soon as he responds I will post his answer. I'm sure he's going to check with someone first.
I thought REDG was based out of Florida?
We will succeed but it will take much longer with much more risk AND a smaller ROI for the individual investor. Mark this post because it will turn out to be true.
Disagree. Have you seen the terms of these notes!?! Piss poor business decision...absolutely for crap. This was the only way to get operating funds...to dilute this in a downward toxic spiral?!
The terms of these notes are unbelievable and yet dozens of them were signed. When the money you spend is not yours--you have less respect for the source of it.
Talented team, good contacts, working hard...all yes without a doubt. Financial acumen? Absolutely not. This one business decision puts the whole deal at risk...and us even more.
Not backing off this one bit.
Well if that's the case-it will be a disappointment. These notes were the worst business decision made by REDG. The PPS should be 5 to 10 times higher if not for the numerous convertible notes.
When revenues started coming in there was a thought of holding copper. With such debt to pay off....
So much potential put at risk by such a B.S. decision. If it seems as if I'm frustrated you would pick right. Does not take away that I believe this will succeed- but this dilution...it's just crap.
Were there any double page ad's in the FCBD package? Not sure because I never had a chance to see the package.
At this point I do believe you go with a number of advertisers, mainly because I believe that most companies would take out a 1 page ad.
I see your point concerning 'ad space filled'- vs -'number of advertisers'. Either way, I wish they would update us as to the progress of capturing either the numbers or the space.
Agree. I don't believe Mr Powell low balled us at all. If anything he was a little vague on some things. I do believe he was spot on when he said he did not want to give info out until it was fact-I did appreciate that.
I wish he would update us on the number of advertisers as this is the single most important thing on our plate until years end. It would be good to know if/when progress is being made.
Rest In Peace Mr Williams.
I've gleaned more info from this board than I ever did from him. He's a waste of OUR money and honestly, a recording would serve us as well as this guy.
You hit that right on the head-he's good for damn little. I would have done it myself but it would have been a waste of an email. They should save a little money and just get rid of that guy. He never has an answer for anything.
Since the number of advertisers will seemingly drive our success-did anyone think to contact REDG and request an updated number? Since we have a baseline of 14/15, I don't think it would be a 'state secret' to give updated numbers that would show investors the progress that's being made.
Frustrating for sure-no doubt. A lot of longs and most others have put a lot of time, DD, and let's not fool ourselves...money, into something we not only have a gut instinct on, but have researched as well.
I would dare say that many have gone beyond the maxim of, 'trade only what you can afford to lose' based upon the all of the aforementioned.
The waiting is the hardest and the question of, 'Can this be done' is not unreasonable. Sometimes I think a lot of guys post as if they are trying to talk themselves into believing-almost the same as those who are trying to talk themselves out of the same. The former I can understand but the latter with no skin in the game are much tougher to comprehend.
Very little of what is said here matters at this point. Either you believe this will happen or you don't. I believe this will happen, my only question is how big and when. It is hard to have the fate of so much rolled up into the decision making process of one man-but as of now that's our lot.
Your trading strategy has been invaluable but may be tougher to adhere too because we are so much closer to the tipping point. One bit of financial news may be all it takes to make this thing go off like a block of C-4 and no one wants to miss and then have to chase. Gonna be interesting that's for sure.
Ragsy you are just on fire tonite, haven't seen you this upset since the old days when we were feuding. Why are you letting him get to you?
Few of the points he brings up are genuine concerns and the rest just negative speculation in a worse case situation. Almost like a kid saying,'Oh yeah, well......'
Shit, you get the idea. As far as a dime PPS? Not sure we will see it. I sure can see a nickle to .08 though. Still a damn good payday. A shiny dime? Maybe this time next year or so when the debt is gone.
The common denominator of success seems to be the number of advertisers that will buy into REDGs business model and how long they will buy into it.
My thoughts are that the holidays season is a lock given the deal with TRU. The targeted demographic coupled with the holiday season makes me believe this can absolutely be done.
Beyond the holiday season is what worries me most. If REDG had say, 14 advertisers lined up at the time of Mr Powell's video presentation-it is not a stretch to say they could line up 10 more once the details of the deal with TRU were made known. I imagine 5 of those fell in line rather quickly...the others may take some negotiation. Any others would take real work.
I wonder if the REDG team is taking suggestions concerning possible advertising contacts?
There are times when I think Coop is too optimistic...asks too few questions and takes too much that the company puts out at face value.
However, I must say that I think you are being far too negative. Look at where we were a year ago and look what has been accomplished in that time.
The goals that REDG has put out have been met or in the process of being worked hard at. Movies are being looked at and are moving along at a decent pace. Some said that FCBD would never happen, yet it did and was by all counts a success.
I was not a fan of Mr Powell and especially after the dead time of last summer and fall. I have come to realize that Mr Powell is a professional in his vocation, has surrounded himself with other experts in this field, and this is a hard working team.
I have not agreed with every business decision that has been made but that is a far cry from the cries of 'scam', that was bandied around this board for over a year. There are concerns-yes, but never underestimate a man who is pursuing a passion with every resource at his disposal. Mr Powell knows that this is his shot-I mean this is it. If this does not fly he gets no other shot...none. So I believe we will make good-may take time-but I think we will get there.
Lol! Fair enough. Coop and I have been on and off sparring for weeks-no big deal. We just see things a little differently. I respect his DD and have stated so many times. I imagine that we will have differences until we meet our exit points-no big deal.
Statements vs Judgements...who knows? They could be one in the same.
There should be no question that advertiser retention will be a challenge, so I and I imagine others will want to know what the plan is to meet it.
It seems to me that you look at this venture with rose colored glasses which I believe is unwise. 'Trust but verify'-is a great motto in which to approach this situation.
I am concerned about profitability-we've got to start paying the bills so I believe in the priority of 'revenue first'. All else can follow after that.
Sigh....again, I must point out to you, respectfully, that I have been in this a lot longer than some. I have waited and will continue to wait...got nothing but time.
Practically, since I'm not close to my break even point and since I did not get into this just TO break even...REDGs success is also my success. To think otherwise is the height of-shall we put it kindly-'folly'.
I am continually amazed at the gall of some that think that every point of contention, every question concerning operations, along with "I wonder how they will do this"...is met with derision.
Since I have skin in the game I will make points and ask questions as I deem necessary. As I've told you before, this is a discussion board and not just a 'statement board'.
I do not want this 'NOW'-I would rather have it 'RIGHT'. The advertising retention is a big question at this point so to cover it up or to close your eyes and pretend it will just go away serves no one.
A small company, even one with a obviously talented team as REDG, has finite resources that need to be targeted in the best manner possible to meet goals. I think we just have a difference of opinion concerning priorities-not whether this will be a success.