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What are our chances, in your estimation of making good on this? If we hit our share limit, and then hit revs...is there a chance to pull a profit from where we are at? There are notes coming due so I have no doubt we will probably hit the share ceiling.
Where do you see us in Nov given the present circumstances.
I guess everyone is just waiting right now. Man, tonight is really going to let us know what the deal is. Our 'fortune' in every sense of the word will be decided by how Mr Powell goes forward.
Is there a gloom hanging over the board today? Anticipation? Just not much to say? More commentary tonight I'll bet.
Ageed. Did he really say, ' a company like Nike'?
I would have thought as much.
I don't think we take off in Nov-it's a important date/time for sure-but most will want to see solid proof of revs before diving in. In other words they will have to be documented. Now, for us, this is no big deal at all.
What is another 3 month wait after all this time?
I think by this time next year we are smoking Cuban Cigars,your student loans are paid off, and the cabin in the great north on many acres of property becomes a reality.
I still think the release of some selected info to raise the PPS would be a great thing. It would be far better to 'Boom' from .01-.03, than at the current PPS.
We're gonna know a lot when Mr Powell is done speaking. I'm sure that every important question that can be submitted... has been. There's nothing left to do but wait to see what he has to say.
One of my biggest concerns is REDG ability to cover the 5 million in cost that bridges from the GSL release to incoming revenue.
Is this done on our back? Does REDG obtain a small business loan?
Given the horrid terms of the convertible notes-it seems as if the loan would be the better choice. Now that Mr Powell can undoubtedly run to the bank with contracts in hand as proof of revenue-the loan seems to be the much better option.
I am in agreement concerning the RS. If it goes through now, it would be utterly devestating. Later, after profitability/stability is the norm, it's something we should expect.
Screw them-our time is coming. 6/8 months from now we're sitting pretty...depending on how Mr Powell handles our business of course.
Yup. It's gonna be this way for awhile...another couple of months. The payoff for our patience may be the stuff that changes lives. Everything has to fall together-we're getting there.
Agree with much of what you say with a few concerns of course. Got a couple million plus-may start buying again depending on what Mr Powell has to say concerning funding, convertibles, RS, etc.
I am thinking that fortune smiles upon us Jan/Feb. Agree that buying here is a winner-thinking that we may go to low teens one more time-then not see it again. Time tells.
What are your thoughts about funding the weekly GSL release until revenue is realized? Nov 5th is a auspicious day-no doubt. It will show that the model works and prior planning is being executed with precision.
By my estimation we will incur close to 5 million dollars of expenses before revenues are realized. Thats based on Net60 and 600k per week cost factor. Do we have an increase in AS and cover the cost with convertibles? Small Business Loan? Something else?
People should realize also that the 'Boom' that is coming will probably come after the revenues are confirmed and not on Nov 5th.
The issue with revenue should be expected. I think that our bigest concern will be the issue of covering the weekly expense of the GSL until revenues arrive.
Would I be correct in saying that until revenues come in, at whatever net date that that has been contracted at, we would have to foot the weekly bill until the money roles in?
Doubtlessly, Mr Powell has a plan for this so another good question would be how this will get done. Many options are on the table-any ideas folks?
Agreed. Glad he is taking the time to address our concerns.
Let's try to be civil. Nobody is demanding revenue right now. If I missed the post please point it out to me and I will retract that statement.
For the umpteenth time let me try to get my point across because it seems as if we have a few people that seem to read a post in the manner that best suits them.
We are looking at 1 million a week revenue, correct? That revenue would have to be based on numbers of advertisers, pages filled, CPM. What I and others are asking for is simple numbers, NOT the names of companies that are advertising, NOT the CPM that the named company may have paid.
Lets talk about CPM and net terms of payment because CPM28 is far different from CPM33...and you can see it going both ways. REDG may take a much lower CPM because we are a start up company...or the business model may be so compelling that the advertising companies took a look at it, knew it had great potential and reach, and paid the higher amount. We won't know until we're told and this is bad in what way?
The funding of upcoming operations is done how? It's a valid question because it effects our bottom line. A RS may be in our future, so it is prudent to discuss when it may come, if ever.
It is surprising that there are people on this board that will take these questions and others of a legitimate nature and somehow twist them around to make it seem as if the poster is somehow a basher. That is the true definition of fraud. It is to those people that I will give back what they have given out..."Shut up and stop posting the same thing over and over."
This is a discussion board not a statement board. There are posters here that will do excellent DD, post it, and then get pissy when it's not taken immediatley at face value. With the attitude of, "How dare you ask questions"-it's not a wonder that these people are labeled "cheerleaders and pumpers"...which is as untrue as labeling a person who asks questions as a "basher".
Lastly, I would repeat my thought from last night. With a release of the right type of information we could take off from a very different point from where we are at. When the boom comes-and we all know it's coming-would it be better to take off from our current PPS, or say .01-.04? With the release of the right type of information that does not violate confidence or privilidge...this could be done.
Understandable. Let me pose this for you. Would you rather take off from our current PPS, or say .02-.04. Jeesh Ragsy, think of the base that could be built from just a little of the right info!
I know what we have, shit man, how many times could we have given in, gotten out, listened to all those bashers who said we would never make it...and then listed all the reasons why we wouldn't?
Some of these guys forgot how long and what we went through to get to this point. Remember the pump, then the drop, the endless convertbles, the rise in which we could have gotten out..yet stayed? How many of the posters are still around-the ones we started with? Not many-only a few now. Yet, we stayed, held what we had, bought more when the days were endlessly red and the news of the week was no news at all.
To have your motivations questioned after all that is a little disturbing. Thanks for the post. I still have concerns, but the more I read the easier it is to believe that those bad ole days may be gone forever. I will ease up-relax a bit-and let it play out.
What dead horse might that be? Number of advertisers? CPM? RS? Something else? Curious.
LOL! Make sure you tell Fred!
Jeesh guys-
Some of you are acting like the asking of questions having to do with the money we have invested is tantamount to treason! Great things have been accomplished-only a fool ignores the recent accomplishments of Mr Powell and the REDG team.
It is no crime to ask about a possible RS, convertibles, CPM, numbers of advertisers,etc. It is your money-never be afraid or aprehensive about asking about the plans of the company that holds it in trust.
As great as the recent news is-it is prudent to ask important questions. 'Why', you might ask-because the money is not yet in the bank is why. The million per week that we are crowing about, posting about, excited about, depends on several factors that have not yet been confirmed. Do I hope it's true? Hell yes I do!
Life has taught me the wisdom of not counting the chickens until they are hatched. Another one, ' Trust but verify'.
As far as the bashers are concerned-the hell with em'. One way or another they will be sorry they missed the boat...either real sorry or a little sorry. Time tells on that one.
Fella's my hat is off to you all on our excellent choice of picking REDG to further our fortunes. We all want the same thing so I believe our only disagreement is the manner in which to achieve it.
Oh yea, averaged down as well as I was able-not as much as I wanted to, but in a much more comfortable range now. Thanks.
Absolutely correct. Either there will be a profitable REDG in 2014 or there will be no REDG in 2015. This has been soaked, sponged, and mopped for every cent.
Mr Powell will make an investor presentation on the 31st. Let us hope he comes bearing good news-that our investment is on the way to paying off for us and for him.
If Mr Powell comes to us with hat in hand looking for yet again more money through convertibles or a RS...we're pretty cooked.
There are questions that need to be answered because people need to understand that there can be a decent ROI with this whole thing. Potential investors need to know about numbers of advertisers, CPM,etc.
As far as a run is concerned...no run until revenue is confirmed. I hope the hard work of REDG coupled with our capital, proves to be a winning combination.
Fred, I guess I don't understand the reason you're posting a continued string of information that is known to 98% of the board. Are you simply trying to counter Coop's DD? Are you mad because you sold at a loss...and are starting to realize you should have stayed long? Are you trying to save us from ourselves? Maybe you are attempting to keep others from investing?
There have been times when you bring up some good points-then undermine them with attacks, name calling, or off topic commentary.
Don't think for a moment that I have not asked a lot of questions in the last year...I have. I've also sparred with some posters as well. Never any hard feelings after we're done (usually). We all want the same things we just differ on how to obtain them.
What do you want?
Rex-
I don't have PM capability. I would enjoy discussing it. If you want, send me your email via PM, and I will give you my take on the situation. My best to you and your family.
The tangible evidence of hard work and planning that has gone into this will be revenue that equals profit. We have taken the lions share of the risk-therefor it stands to reason that based upon the current PPS we would receive the lions share of the reward. It was our capital, in part, that lifted us to this point-we just need financial confirmation and we are 'in'.
Hmmmm....after going on 2 years this is how I will respond to that post...
A person that invests their hard earned money, or wants to, would be irresponsible to take the word of the even most well intentioned poster. Such a poster could be seen as a pumper and a cheerleader w/o solid evidence of incoming revenue or at least the projection of same. The evidence that such revenue is coming will provide the motivation for greater sums of additional capital from those looking for an ROI-even at a later date. The evidence of revenue gives credence to the DD that has been done already.
Mr Powell does himself, REDG, and us a favor by releasing news of even projected profitability.
One thing to remember about fire...it can either heat the house or burn it down. Depends how you control it.
This is already shakey in the minds of many who don't understand/believe the tons of DD that has been done. There are a lot of folks who would jump in given the proper incentive...profit. A rising, sustained, PPS benefits everyone.
Confirmation of revenue cannot wait until spring. We need info now.
I hope this is not the case. If anything, now is the time to give us an idea of what to expect for our patience and sacrifice. Mr Powell could give us an average CPM w/o telling us who paid what, we could be told the number of advertisers/pages filled w/o being told who they are.
We need specifics. As Mr Powell has come with bucket in hand to the well over and over. It sounds as if he will need to come again. If what you say is true-he will discuss nothing but the need to raise more money for company operations w/o telling us what/if/how prior operations have been profitable?
I think we are on the verge of something. Specifics are needed.
We see the advantages of this type of advertising. I would think that every company with a product at TRU would want to advertise in this manner. We must hope that these companies see this advantage also.
I think that if the numbers are good, Mr Powell will tell us and provide CPM/Pages Filled/Number of Advertisers. If the numbers are not good, he will dance around the subject with ambiguous language. We should know a lot after he's done talking.
I have a feeling he might also discuss some type of alternative funding, RS,etc; as there are no longer enough shares to fund future projects.
It would also be great to know what the revenue terms are.
Sigh. Yeah, it looks that way. The advertising space/CPM is the biggest question at this point.
Nobody expected to, 'become millionaires tomorrow', at least I know I never did. I guess what I did not expect was to be down 65% overall. I will agree that this is a long hold. To sell now is pointless and foolish. I will also agree with the common themes that have permeated this board over the last few days...seems as if folks are as close to agreeing on key issues as I have ever seen.
I hope Mr Powell remembers who he is talking to come the 31st. We need hard data involving the current and projected financial status of the company.
So. Given the situation we are in...what do you believe the duties of the CEO are, to the current shareholders of REDG?
Spot on. There will either be a profitable REDG in 2015...or there will be no REDG in 2015.
Enough BS, the money has been spent, the PPS has eroded to its current showing due to toxic borrowing/funding. Time to swing for the damn fences with no more excuses.
Mr Powell,
You will be putting out an investor video. I would remind you to remember who your audience is...who it is you will be speaking to. When presenting to TRU you didn't speak of the REDG stock price-you spoke with them concerning the information it took to cement a deal in place. This was a good thing and the deal got done. When speaking with us you will need to concentrate on revenues and PPS...when and how much.
I am positive that you will receive many questions-you will have to find a way to field the most important ones. I am sure you will do just that.
A few concerns, sir. The toxic notes are killing us-when will they stop? Lets be honest-how much money went to intrests other than those that would improve our standing? If we fail-it will be due to these notes.
There is a lot of uncertainty. People will not buy into chaos and uncertainty...they will buy into stability and prosperity. What are your plans to keep REDG stable and profitable going into 2015 and beyond? In other words, 'Why should we stick with you and why given the present circumstances of huge debt and continued use of convertible notes, should we stay with you?'
At this point not many are interested in much more than when we will be able to eliminate debt and become profitable.
Although I cannot speak for others on this last point I guess it would be good to know how you view us. Partners in going forward? ATM machine? Use and Throw Away? It's important.
Most of us are not playboys with thousands of dollars to throw around on a whim. We are a cross section of America -working class, professional and not, students and retiree's, We bought in at different levels and most of us are as in debt with this as the company is with its finances.
You and your team have worked hard...I get it. I want to remind you though, that we have already worked that hard and harder to buy shares that allowed you to borrow money to conduct company operations.
What we are interested in is a projected ROI. I want to gently remind you that the PPS is 1/5th of a penny, that you once claimed the share price would be a $1.00, and that hundreds of millions of shares have flooded into the market decimating what we did buy.
Please Mr Powell, have a great comic-con, and a good rest afterward. Congrats on your new family-I know you stated that you wanted to build this company for them-and thats why I and others invested our hard earned money with you-because we are also building something for our families as well. Good luck to you sir-because given that, it's good luck to us all.
I'm certain that the 'Big News' was the TRU deal. Honestly, at this point, there is no news that can be put out that will move the PPS. I take that back. News of projected revenues might move it-news of actual revenues would of course move it.
All this talk of a RS? Folks, it's gonna happen. The only question becomes when. The share structure will have to change and that's one way to do without putting the company at risk-which REDG senior staff would not do. Just a matter of the depth of the split and the PPS when it does happen.
I do have a question and not just a few opinions. Are the projected revenues coming before or after the next round of notes are due?
All good. Great post! Lol! So we have 10 million in debt?(give or take) damn ....how do we get out of this? How the hell does such debt accumulate if things are being paid for by the stock holders? Is that too simplistic of a question? Am I seeing this the wrong way?
Revenues from ads in the GSL produce what sort of PROFIT?
Talking about Fred Mertz...not Mr Powell. I am interested in EVERYTHING that Mr Powell has to say. Benny is the key to this. Fred is a basher with no skin in the game. His comments are cutting and sarcastic...I no longer bother to read his posts.
When he has some sincere point to make-I will read it.
Mr Powell is a hard working individual, has a talented team, lots of potential....but we are sitting at less than 1/5th of a penny. Given those circumstances i am concerned and will raise points of concern that folks can answer or discuss.
Not interested in one thing that he has to say, most especially in the mannner he says it in. He has no skin in the game-we do. Our comments and questions are legitimate-his are mostly biting and sarcastic.
There is a ton of money tied up in this all the way around-our money. I'll be looking forward to the 31st.
I see great things coming our way but I gotta tell ya-I need to see some revenue...I know...I know- I preach the same things..but shit! How long before the inevitable RS? Past a certain PPS there's no problem-but jeesh we are burning shares through convertibles. I mean...damn it.
We have been here a long time bro-a long time. I was almost certain we would be into low copper by now, instead we don't move. Nothing moves the PPS-the last week has produced such substantial information that you would think this thing would have moved at least a little north.
We have as much as we have in the pipeline and we're still at 1/5 of a damn penny?!? Mr Powells news better be nothing less than earth shattering.
Haul-I appreciate the enthusiasm. I am cautiously optimistic-not wildly so.
Let us remember some things very clearly.
1) As hard as REDG officials have worked to bring this to fruition-is as hard as we have worked to provide them the money to do so. REDG is borrowing on our dime.
2) Except for a non-related REDG spike in PPS a few months ago we have endured a steadily eroding PPS due to dilution.
3)No doubt that the news has been spectacular-we have yet to see the spike in PPS that we got into this for. Nor have we seen the revenues that would produce that spike...yet.
4) REDG needs investors as much as we need their creativity and drive to make this happen.
5) Let's see what is said 1st-before we build expectations to a fever pitch.
I would like nothing better than for this to take off-got way more skin in the game than I first intended. I will say that the future looks bright and we've gone through tough times w/ REDG. I HOPE OUR TIME IS COMING.
Like others-I've got to see the money in the bank-it has to be confirmed-revenues have to be secured. Love the planning, talent, teamwork, and position we are in.
Yeah- I thought the math was off as well. As far as a top conversion rate, top of the line would be 3%. A 1% rate would be about right...maybe.
There's only one reason folks will hit the ask repeatedly from this PPS and higher. We have all discussed it-no surprise whatsoever. When revenue is announced then we go 'North' and not before. No amount of good news, deals, PRs, contracts, etc...propel this forward. We are at the spot where we have now had all this and the PPS has not changed.
So we wait-as long as the revenues are coming in a set time period-this may as well be a, "retirement account". Just can't touch it until a, 'certain time'.
By the way-does anyone have a senario providing projected revenue? Market Cap/PPS? Maybe most importantly-When? Thanks
Maybe the 'Big Announcement'-the one 'That we won't see coming'...is projected revenue streams. Lord knows that an annoucement like that would be pretty big!
Not hype...but possible. Because a number with lots of 0000000s behind it would be pretty exciting indeed.
Thanks guys for those very articulate explanations. Coop I know I get hung up a little on the number of advertisers. It has always seemed to me that the greater the number of them-the better all the way around we would be. Thanks for the patience.
I get the concept of companies paying more for additional ad space-np with that of course. What a great thing though, to open that GSL up and see 20 companies taking space-and not fewer companies taking up more ad space. Looking at the whole concept of companies lining up to get in-the more competition the better.
Success breeds success/Iron sharpens iron.
Very good. Thanks for the excellent research-always top notch by the way! I do have a question about the ads. I'm supposing that there are 32-34 pages of ads? I would think that the size of an ad would dictate the CPM. So say, 1/4 or a 1/3 of a page would not be CPM3O-but a full page ad would be priced in that manner?
The 30-34 pages of advertising would need how many advertisers do you think? It seems as if we would be profitable from the very get go at CPM30 with every page filled. Am I calculating this correctly, or have I not taken something into account?
What did you mean?