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You speak and they post .
What is due this week ?
I don't really think an rs is al that probably what so ever .
seems as if the JSJ note was due on feb 05. If my comprehension of everything, and math is correct that should have translated into about 18 million shares. Seems as if (1) the announcement of the advertisers was intended to help soften the blow of this whole event and (2) those shares may have contributed to the drop that was seen after that date. Seems more are also set to convert in may and june,.
MARCH 24th Disagreement.
From the amended 10k. Those who are a bit more knowledgeable can explain it to those who arent.
On May 24, 2013, we issued a $50,000 6% Convertible Redeemable Note to GEL (the “Initial GEL Note”) in exchange for $42,500 in cash and $7,500 in legal fees and due diligence fees paid by GEL. On May 24, 2013, we also issued four $75,000 6% Convertible Redeemable Secured Notes (the “Back-End Notes”; together with the Initial GEL Note, the “GEL Notes”), each in exchange for a $75,000 Secured Promissory Note issued by GEL to us and secured by the $75,000 cash value interest in a life insurance policy assigned to GEL by its member, or other collateral with an equivalent or greater cash value. The four GEL Notes have a maturity date of January 24, March 24, May 24 and July 24, 2014, respectively.
The GEL Notes are due and payable on May 24, 2015, with interest payable in shares of our common stock. If we fail to repay the GEL Notes when due, or if other events of default thereunder apply, a default interest rate of 24% per annum will apply. In addition, if we fail to issue unrestricted stock to GEL within three business days of receipt of a notice of conversion, we must pay a $250 per day penalty, which fee increases to $500 per day beginning on the tenth day.
What decisions have been wrong ? In order to make the mass book distribution to be feasible, the capital was necessary , and that was by far the forefront of our business model from the beginning ? Fact is when this company had 30 thousand in revenue and nothing in the pipeline , it was extremely over valued at .01. So say what you will but everything is beginning to come together. Remember all the artists, writers , inkers , printers, all need to be payed. I was spoke about all over the board that there was a long term downtrend coming due to internal forces within the company, but it has all been necessary to get is where we are, and where we are about to be .
Which note ?
WEll according to the video they were negotiating with cast
No way man .
There shouldn't be a reason to dilute with all the notes :/ anxiously awaiting the next quarterly
We need a new base of investors , not traders . Management ran the last ones off
Or that shares payed for them
A lot of the notes aren't due for quite some time, more than Anough for advertising money to come in and cover them all.
Two weeks ago , it was all we need is advertisers . Now it's that. We have everything we need . Advertisers , volume, product , we have it all . All we need is the shares to not be dumped on the market .
Lol . I was going to go with Jamarcus Russell but Trent is more up to date
Watching that preview seems as of they just dubbed the voices and redid the story
I feel like we have the Trent Richardson of stocks. All the promise, and potential upside, yet it never comes to fruition .
Lol. Yeah they said they made if for an Asian audience, and i can see that be acceptable in Thailand and the philipines , but that quality isn't cutting it in America or china
I don't expect much of anything from magika after watching that preview and than listening to them speak about it, :/
That's just for the fcbd books there will for sure be others in the rest of the giant size . Huge news
More so down here . The 13s just made about 50 percent .
Someone should call pacific stock transfer and get a count
Big things on tap guys
The volume the past week or so has been tremendous , wish it would have boosted up back up to 30/40
When was the last time ?
$REDG legit company on the qb, doing revolutionary things within the industry. Even has movies on the way ! Chart confirms the bottom is in. Jump on board before it's to late !
Hopefully today's bullish engulfing pattern is the signal and start of a reversal.
Soak up these cheap shares everyone .
They still sell some
I eagerly await the time that 399 comic book has a 100 million dollar box office weekend
Benny likes what he do , and do what he likes
Compare glass house graphics website to ours and tel me
We need a new website for all those new eyes .
Idk. They probably made quite a few fans angry with the lack of updates . I own the signed copy's of the first 3. And plan on getting 4 and the zero issues on fcbd . I love the concept and if done right , could make make for one hell of a
Movie. Look what Lin pictures did with the Lego movie, I could see sons being better .
Cricket cricket. . What's up coop. , ready for a good week ?
Explain.
According to the confidentiality order the information is restricted due to Freedom of Information Act 5 U.S.C 552 (b)(4).
That Reads:
(b)(4) trade secrets and commercial or financial information obtained from a person and privileged or confidential
Must be CPM numbers.
Well said
Yea . Benny seemed giddy in the video, although in retrospect that video much like the buy back was just a ploy