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I like your thinking ...
Tried the grape flavor over the weekend at a 76 station. Quite delicious.
Added today. Chart looks good
Rick. You asking if it’s a fake FB account?
Thanks Warren (thumbs up)
1. Closed financing deal. Plenty of cash
2. Multiple Phase 4 deals looming
3. Added to Russell
When this company signs two or even one Phase 4 customer it’s immediately profitable. And in this industry where one customer goes many will follow. Nature of its competitive environment
Suggest you track down the write up by Lou B at Disruptive Tech had on it to get full picture.
They need more SKUs out there before real rev ramp materializes. But that’s happening now. Have too hard a time tracking program sales. Lumpy.
Time will tell on rev ramp but yes $1.20 much better raise price without warrants.
Did you ever find a deferred revenue number in the 10Q?
Yeah. They’re trying to clean up their balance sheet on this one IMO and pay down debt. Makes company more attractive for acquisition.
So that puts us at 60M ish shares outstanding?
I like it and please let us know how that goes. Meaning it would be great to hear what shows your kids are liking and if Rainbow Rangers or Llama Llama are among their favorites.
Getting user feedback is helpful in trying to predict how their (GNUS) existing and future merchandise will be received.
Thanks in advance.
The “????” was a thumbs up emoji that got translated to question marks. Oh well
Agree the friendship between Buffet and Heyward is important and has always been one fact that kept me interested in this stock. Along with the “creating kid friendly content with a purpose” company mission statement. Also Heyward owns a ton (millions) of shares. So when they make moves to dilute and hurt shareholders there’s some comfort in knowing Andy is only hurting himself in the process. But owning that much he’s clearly seeing the longer term value we can’t as easily.
GLTA
Nice catch on the “they’re”????
Not sure. My point was about the adjustment of price downward (significantly) to early warrant holders.
If you speak with IR they’ll explain that those early warrant holders were insisting on a re-adjustment to price or threaten legal action. Which Andy did as a move to avoid future pointless litigation and get them out. Considering the high volume this past week I’d expect those warrant holders who were causing the fuss sold (at a nice profit) and moved on. While it’s a temporary blip to SP it gets them out and “cleans up the balance sheet” and gets that trouble behind us.
Focus on the bright future ahead.
This COVID-19 event has really propelled their brands and media mission. Shareholders will begin to see the benefits almost certainly later this year in terms of revenue ramp.
They forecasted “$50 million in 2020” before CV19 and the stay at home CV19 situation should only help.
So they “expected” $9.6M in revs for 2019 but did only $5.9M. Did I get that right Rick?
TDeck and Rick. Trying to track the different buckets of revenue from the different parts of their business has always been a challenge over the years.
Rick can you see if they note “differed revenue”? Have not looked into it yet. Might clue us into what being push into later Qs.
Plus we all know they hardly have any product out there. Andy mentioned 350 SKUs forthcoming. So that means only about 100 are out there today and many only recently launched.
Revs won’t truly ramp up until later in the year. As we’ve been saying all along.
But the market is forward looking and why IMO while the stock price might be a bit ahead of itself, it’s not terribly. Eventually revs will ramp and ramp rapidly.
By then everyone will be chasing.
And Rick what’s current number of shares outstanding and does that include the two recent offerings? Thanks in advance.
Agree. He was forced to sell low to disgruntled early investors and just be done with them. High volume over past few days has hopefully churned them out those who wanted out. With that out of the way shareholders should be better off moving forward.
We voted “no” too. 135,000 shares. But Andy has millions of shares that he controls.
Still think where we are today at $40-$50M MC is not unreasonable considering years ago (pre LL and RR) Andy thought the value of Geniuses film catalogue was “well north of $20M” Today we’re easily double or triple that.
GL Rick
Meeting will have positive tone but nothing newer than what’s been announced IMHO. That’s been Andy’s track record. And would expect another shareholder letter an hour before which will serve as a script for the call. No Q&A. Again, based on history. But maybe.
If something new on call then great
I bought more after that conference call. Thought it was a good one.
Rick. We’ve been overrun by newbies. You hanging in there?
Thx. Will do. And let you know response when it comes back
Yeah. This Management team is not shareholder friendly.
At least they’ve not been for past five years.
When they actually start making more money than spending it will change.
Andy just keeps diluting himself. Only thing that keeps me thinking there’s more good going on here longer term.
KBer. What’s the case management meeting about?
Don’t forget Mattel licensed to make their Rainbow Ranger toys. Quality and respected toy company.
Thanks for the reminder
Like it
Let’s hope MM
Appreciate your enthusiasm in the company but all that matters is they know how to be a profitable company.
Which thus far they have not proven.
My opinion is it’s too early. Promising names like Space Pop and Secret Millionaires Club have underproduced or fallen dead. There’s greater promise in LL and RR but still too early for larger rev numbers and profitability.
And when they don’t post $3-$4M in Q1 will you apologize to Rick? He’s been on here for years posting good DD.
Thanks again Rick.
Lala. It’s “too” small. C’mon guy.
And until this company starts putting up significant rev numbers the share price will languish.
And yes, old shareholder letters DO matter. It’s evidence of the CEOs ability to understand the reality of his business. Which thus far he’s proven he does not.
Or he does and is outright lying to shareholders.
Take your pick.
Which would you prefer in a CEO?
Agree with Rick. Been here many years longer than you TDeck. Read dozens of shareholder letters. Read many SEC docs issued by GNUS over the years. Many years longer.
This has not been a shareholder friendly company and that’s evidenced by the share price today versus just a year ago (dare go back three) and excessive dilution along the way. Including a reverse split.
Eventually this will gain traction but it’s still too early. August release of RR toys is mid Q3. Won’t hear of (partial) quarter sales until Q3 report in Q4. Q4 2020 is probably Company’s best Q because of Holiday sales. That report is 9+ months away.
This is a waiting game until then.
They didn’t have a lot of SKUs available for sale in Q1. Ramp has been steady but slow. Still believe Q1 will not be a big revenue number for them. Too early. Just my opinion obviously and happy to be proven wrong.
Yes. But not medicine. Care coaches for at risk mental care patients with challenges like depression, anxiety, loneliness, etc. It’s these types of patients who typically are “care avoidant” and ultimately cost the healthcare system a disproportionate amount, so the Catasys approach is early AI assisted diagnosis and personal “tele” (then therapist) care to diminish their financial drag on the system by getting them help early.
Good call
If you really knew the company and state of things you wouldn’t be saying that.
Tech is good. But no reg approval in SK and China and this is nowhere. Japan only approved Near Field. Products won’t launch without it and company needs $$ between now and that long timeline. Dilution. Again. And maybe once again.
Do your DD.
Both still out there
Yes. And they still have yet to announce a National deal.
Game changer.
Zoom. I recall a shareholder letter from Andy in 2016 stating they expected to be cash flow positive “next quarter” or “end of year”. Forget which. Needless to say it never happened.
Honestly until the rev numbers actually prove they’re making money faster than spending (consistently) is when we believe they’ve turned a corner
Otherwise it’s been a lot of empty promises and salesmanship.
Don’t forget Jennifer Garner as the voice of Mama Llama.
Love it
We would definitely want to participate in a class action against PRHL. Lost a bunch of money here. Fraudulent criminals. Just let us know kber.
Rick. Is this the “news” on LL you were expecting? I was expecting a Season 3 announcement which IR said about a month ago was “close”