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ZWAGbox items described at SDCC. Almost all the T-shirts are video game driven. Here is the link that picks up right at the point of describing what's in them.
ZWAGbox items described at SDCC
The DC lead action figure from a CW series could be Arrow, Supergirl, The Flash, or Legends of Tomorrow. Here is from Entertaiment weekly,
Pedowitz then made it official during The CW’s upfront presentation. “Next season, Arrow, The Flash, Legends of Tomorrow, and now Supergirl will join forces in our annual crossover event, our biggest ever,” he said.
Just need first box to ship and this will move. docg
POWfolio is continuing to build and is one of the three revenue streams in play. With the ZWAGbox delay, people are very quick to jump ship - yes past history doesn't help, but this is a product now not an idea. No doubt this delay is not the way we would have wanted it to happen. But to say this is all done throw in the towel after having been where this has been earlier - that is way off in my opinion.
POWfolio is 50% owned by REDG and it is available in the app store and google play. It continues to rank in the top 25 for the app store for the last 3 months. Google play downloads are between 1 - 5,000 and to my knowledge hasn't had the same marketing push as it did with iOS.
Regardless, 3 products are on the table, one is in customers hands now and the other two at anytime, and to me the risk/reward value is still there to see this move at these levels. wish I had some extra coin I would definitely put a few more knowing that all it takes is that box to get opened. best of luck all, thedocg
Just updated the intro to include the SDCC 2016 Panel Discussion mc'd by Markiplier; it's a video link. I haven't been able to just embed the video like I wanted to so people will simply need to click on the link to watch the video.
A must see for everyone interested. docg
Alright, so after some digesting I have no doubts what so ever that this will move again. Consider where things were in Dec, Jan, Feb, March before the Markiplier announcement. We got the announcement about POWfolio in Nov. after the failed GSL and nearly everyone thought that was the biggest joke of all!
No doubt there are plenty of misteps, but the fact is POWfolio was delivered and that builds confidence. And believe it or not Benny lined that up. (not excusing any actions, just stating how things were presented.) POWfolio is a longevity revenue source and they continue to add content every day. They added the amazon purchasing option for all the items that have that option in amazon. They have well over 10,000 free comics and it's rating has held strong in the app store for 3 straight months now. I don't think they are promoting Android heavy yet because in my opinion they are waiting holding for the next major update which will have the premium content, more publishers, and subscription option. And did everyone here at the Con that the Markiplier comic WILL be in POWfolio.
We know the counters are - will REDG actually see any of that revenue. Well, until financials come out we won't know either way - so it's a gamble either way regardless of who says what, but I like how POWfolio has been building steady everyday.
ZWAGbox will be delivered in my opinion. Now, just consider how this will go once the box gets going and we see this one out, then the next one on time. We are at an ask of .0002 and it won't take much to start to see this move like it did when it ran to .0008 not that long ago.
I still believe this can go well past 8, even with this SS in place. No, i'm not thinking anything crazy like pennies, but in my opinion, if they can get this first one out the gate, then get the next one on time, then it will definitely change the perspective. Markiplier is on for 4 boxes, so regardless there are 4 with him. The grumblings now can be erased very quickly with boxes in hand and the next one on time.
All my opinion of course, and just thought I'd bring things back from all the negatives getting thrown out there.
BTW for those interested, I listed the contact info for all the Board members except Markiplier (couldn't find one to use for him) so feel free to contact them individually or as a group if you feel like letting them know personally how you feel.
best of luck to everyone as always, and let's try to keep the personal attacks out of our back and forth jabs please. thanks, thedocg
So glad you got through and made an impact. There will be much blame to go around, but at least something got out. So, based on the email just released, there is not much chance of them shipping this week. I am still going to call tomorrow and hear what medallion has to say.
I truly hope they make up for this because they have an amazing opportunity right now and if it doesn't get rectified soon that window will close - as in Markiplier's fans moving on. REDG HAS TO get this on track now and not later.
Thanks for all your updates and help to investors DayOldTrade. thedocg
Definitely is an item according to Medallion the last time I talked to them, and REDG was in contact with them. No doubt history doesn't help in our case.
I'm going to find out tomorrow when I call. Items have to start shipping tomorrow to still hit the delivery by Monday (the 15th cutoff).
If it starts shipping this week and jammed full of really good items they can still come out ok in my opinion, so long as the next box is shipped on time with Zero delays. They definitely did not help themselves on capitalizing on the momentum from Comic-con by how they've handled this first box and the fact Markiplier was front and center for REDG the entire event. be nice to get some news today. docg
I was in the middle of a new post then saw yours and decided to follow up here instead.
They absolutely have to start communicating and take care of things like they were when they were promoting to Markiplier fans. Initially, it wasn't a major fallout, but if they don't get something out tomorrow then it will get very ugly on the 10th. They already stated they will not charge the second until the first arrives, but they need to get that to their customers.
I think a lot of the frustration is in part due to the fact, this is such a massive opportunity for REDG to really turn the corner and move in a positive direction and our history as I shared earlier is not on our side unfortunately.
I was going to post that our product that is in people's hands - POWfolio is still churning and growing. New issues added daily and a new publisher was added this week - just under 60 publishers now. And there is another major upgrade coming to include premium content. If they were bailing, then POWfolio I don't believe would still be adding content and keeping things moving - just my opinion on that one.
I am calling medallion on WED, so either way everyone here will get an update from me on what they are able to share. At least they did confirm pretty much that it was an issue with a vendor and REDG was working with them to get that last item there to start shipping. We'll soon find out. take care, docg
Based on the terms and conditions and the fact they already stated the box will ship - this is nowhere near the "epic failure" stage. Epic failure could be two ways - one it never gets delivered (which I don't believe will happen), or two- the contents are so horrible no one will want the second box.
No doubt this is not a great situation in terms of turning a corner and getting this going. But, in my opinion based on the timelines, I was going by the 15th date as the latest to receive the box before it is a very serious problem. No, I'm not saying this isn't a problem - it is not good whenever your customers are not happy, and no doubt they should have cleaned up the confusion ahead of time regarding the late boxes.
They absolutely have to get another update out asap to keep customers informed. I'm calling medallion on Wed. regardless so we'll see then.
August box by the way I feel will then be critical get out on time to show the issue is fixed and not things are running on time. No, there is no way to say it will be late at this point - way to early for that. You can so you think it will be, or your opinion it will be based on the first one and the history of things, but just throwing out "it will also be late" is pure speculation.
We will soon see how things play out. docg
Sorry for the delay Penny, looks like rickn took care of it though - thanks rickn. Yes, the board is set up in a way there is little no chance of us to do much about things unless the board decided to get on the same page with things, but even then most likely not much change.
Lots of frustration due to Zwagbox delay and not a lot of communication - unfortunately we don't have history on our side and that to me instigates even more anger and frustration. Nothing will cure this mood until zwagbox is in peoples hands; the second box is delivered on time, Markiplier comic is in stores, and POWfolio loads premium content and shares the big list of publishers who they pointed out at ComicCon - but they also need the financials to get current and show the strong revenues.
But one step at a time and this ZWAGbox absolutely has to get shipping this week.
For all others here venting their frustration, please try to keep it clean and not cross the line into personal attacks - thanks. docg
Have to go back to Glowdot's statement of already having a plan in place to roll things out. My guess, they want the premium content and more publishers in it before putting major marketing. They have been marketing as some see, but maybe not to the level we would like to see.
SDCC was major in my opinion, not only for audience but also for future publishers to see first hand and get in.
They should tell us the list of publishers coming in my opinion. I don't think that should be held as a secret as it is now. And if you listen to the video when Benny said it, Mark followed up with a question of 'Who' and I don't know if he heard him or ignored him, but Mark didn't follow up with it again to get the answer.
They added one new one since CC, but they should get the list out so we see what is coming, not try to guess what is coming. docg
Don't disagree with that point. Very critical to have zwagbox deliver this week and get some numbers from revenues of the three streams. We've said it many times here - getting current financials is very critical.
Very big week for REDG to show zwagbox will deliver. good day, thedocg
Agree Tlsmd, been talked about since December at least. Yes we know the OS is over 8 billion and many OTC companies would just follow the pattern. Now, if we don't show any significant revenues from these streams in play then it may indeed be the only option.
The main thing right now is getting those zwagboxes shipping and start the cycle of monthly revenues on a consistent basis.
Already saw a new publisher added to POWfolio, but would like to see the list of publishers that were signed up to get loaded.
I would love to hear something concrete on monday for zwagboxes from them. Either way I'm going to call on Wed. and see if there is anything new from Medallion and will share. take care, and good evening. thedocg
To clarify, I still feel the potential is great enough to generate revenues to truly make this grow. POWfolio, ZWAGbox, and Markiplier series are all revenue generating products. There is a lot of negative going on with ZWAGbox and Markiplier series delay, but once that is completed and the items are moving, then it will need to be consistent from there.
If REDG to keep the momentum going and they get a current filing out by Nov, or at least end of the year that would show revenues are substantial then it could easily change the dynamics here.
We are not their yet, but in my opinion once ZWAGbox and Markiplier gets delivered we will see a difference - just my opinion though.
take care all, thedocg.
A complete history of Convertible Notes/debt financing/Settlement Claims of REDG: (NOTE - I still have #6 - 9 to finish up and the settlements are missing Oceana and Hoppel, just trying to do everything in order for people to follow. This is a summary from the filings of every note/debt holder ever mentioned in a filing. This does not mean everything here is left to pay. Some are already paid. All I am trying to do is show the history of how REDG has handled notes/debt financing etc... I am also not saying this is perfect. I just went through all the filings and compiling information from them to make it more condensed.) good evening all - thedocg:
Note #1: Iconic Holdings LLC (SPA and Note)
May 10, 2013:
Iconic Holdings LLC - Line of Credit Established for $5 million
Sept. 20, 2013:
Securities Purchase Agreement dated April 15, 2013 between Red Giant Entertainment, Inc. and Iconic Holdings, LLC - $5 million
Registration Rights Agreement dated April 15, 2013 between Red Giant Entertainment, Inc. and Iconic Holdings, LLC.
9.9% Secured Convertible Promissory Note dated April 15, 2013 between Red Giant Entertainment, Inc. and Iconic Holdings, LLC - $130,000 at par value .001 value due April 15, 2014
Dec. 5, 2013:
Pursuant to the Iconic SPA, we agreed to issue to Iconic shares of our common
stock as a commitment fee valued at $100,000 in aggregate. we issued to Iconic an aggregate of 8,252,546 shares,of which 772,798 shares were transferred to Iconic from shares held by Benny R.Powell, our President. As of the date of this report Iconic has converted $62,000 of amounts owed to it under the Iconic Note into 22,636,273 shares.
April 21, 2014:
From December 2013 through January 2014, Iconic Holdings, LLC converted a portion of the principal and interest owed to it under Secured Convertible Notes substantially in the form filed as Exhibit 10.3 to our Current Report on Form 8-K filed with the SEC on September 20, 2013 into an aggregate of 44,949,897 shares of our common stock.
June 11, 2014:
On June 6, 2014, we issued 38,197,717 shares of common stock to Iconic Holdings,LLC to convert $22,918.63 of principal and interest due under the 9.9% Secured
Convertible Promissory Note dated April 15, 2013.
July 30, 2015:
On June 22, 2015, we issued 34,848,485 shares to Iconic Holdings, LLC, to
convert $23,000 of the principal and interest owed under the $25,000 Convertible
Promissory Note dated as of December 20, 2013 filed as Exhibit 10.34 to our
Annual Report on Form 10-K filed on April 6, 2015. The issuance was made
pursuant to a June 18, 2015 notice of conversion.
On June 29, 2015, we issued 39,545,433 shares to Iconic Holdings LLC to convert
$6,151.51 of the principal and interest owed under the $25,000 Convertible
Promissory Note dated as of December 20, 2013 filed as Exhibit 10.34 to our
Annual Report on Form 10-K filed on April 6, 2015. The issuance was made
pursuant to a June 26, 2015 notice of conversion.
(no other filings include Iconic Holdings as of 7/31/16)
Note #2: Typenex Co-Investment LLC (Red Cliffs, JFV Holdings, John M. Fife)
June 21, 2013, we entered into a Securities Purchase Agreement (the "Typenex
SPA") with Typenex Co-Investment, LLC ("Typenex") under which we concurrently
issued to Typenex a Secured Convertible Promissory Note in principal amount of
$557,500 with an original issue discount of $50,000 plus an additional $7,500 to
cover Typenex's due diligence and legal fees in connection therewith (the
"Typenex Note") in exchange for $100,000 in cash, two secured notes (the
"Secured Buyer Notes") and two unsecured notes (the "Unsecured Buyer Notes";
together with the Secured Buyer Notes, the "Buyer Notes").
The Typenex Note is convertible into shares of our common stock in five tranches
consisting of an initial tranche of $157,500 plus interest and other fees and
amounts due and four tranches of $100,000 plus interest and other fees and
amounts due, with conversion of the last four tranches conditioned upon payment
in full of the Buyer Note corresponding to such tranche.
Jan. 13, 2014 filing Typenex's current ownership cap is 9.99%. Thus, the number of shares of the Issuer's common stock beneficially owned by Typenex as of the date of this filing was 45,710,071, which is 9.99% of the 457,558,273 shares that were outstanding on that date (as reported in the Issuer's Form 10-K filed on December 4, 2013).
April 21, 2014 filing - January through February 2014, Typenex Co-Investment, LLC converted a portion of the principal and interest owed to it under a Secured Convertible Promissory Note filed as Exhibit 99.2 to our Current Report on Form 8-K filed with the SEC on January 27, 2014 into an aggregate of 25,890,776 shares of our common stock.
April 21, 2014 filing - March 2014, Typenex Co-Investment, LLC converted $69,661 in principal and interest owed to it under a Secured Convertible Promissory Note filed as Exhibit 99.2 to our Current Report on Form 8-K filed with the SEC on January 27, 2014 into an aggregate of 81,002,267 shares of our common stock.
May 9, 2014 filing - May 5, 2014, we issued 61,512,742 shares of common stock to Typenex
Co-Investment, LLC to convert $38,137.90 in partial principal and interest due
under a Secured Convertible Promissory Note
Aug 29, 2014 filing - On August 22, 2014, we received a notice of exercise from Typenex Co-Investment, LLC for a partial cashless exercise of a Warrant to Purchase Shares of Common
Stock filed as Exhibit 99.3 to our Current Report on Form 8-K filed with the SEC
on January 27, 2014 for 225,333,333 shares of common stock. These shares have
not yet been issued.
Jan 30, 2015 filing - Thus, the number of shares of the Issuer's common stock beneficially owned by Typenex as of the date of this filling was 267,304,615, which is 9.99% of the 2,675,721,877 shares that were outstanding on that date (as reported in the Issuer's Preliminary Schedule 14C filed on January 13, 2015).
April 6, 2015 filing - TYPENEX CO-INVESTMENT, LLC (1 note)
July 30, 2015 filing - July 1, 2015, we issued 62,500,000 shares to Typenex Co-Investment, LLC to convert $30,000 of the principal and interest owed under the Secured Convertible
Promissory Note dated as of June 21, 2013 filed as Exhibit 99.2 to our Current
Report on Form 8-K filed on January 27, 2014. The issuance was made pursuant to
a June 22, 2015 notice of conversion.
Aug 6, 2015 filing - July 24, 2015, we issued 75,661,667 shares to Typenex Co-Investment, LLC to convert $36,317.60?of the principal and interest owed under the Secured
Convertible Promissory Note dated as of June 21, 2013 filed as Exhibit 99.2 to
our Current Report on Form 8-K filed on January 27, 2014. The issuance was made
pursuant to a July 17, 2015 notice of conversion.
Oct. 6, 2015 filing - On August 13, 2015, we issued 202,307,692 shares to Typenex Co-Investment, LLC its cashless exercise of a warrant using 5,000,000 shares of our common
stock as payment. The warrant is dated June 21, 2013 and is filed as Exhibit
99.3 to our Current Report on Form 8-K filed on January 27, 2014. The issuance
was made pursuant to an August 2015 notice of exercise of warrant.
Oct. 16, 2015 filing - On September 4, 2015, we issued 333,133,333 shares to Typenex Co-Investment, LLC upon its cashless exercise of a warrant using 5,700,000 shares of our common as payment. The warrant is dated June 21, 2013 and is filed as Exhibit
99.3 to our Current Report on Form 8-K filed on January 27, 2014. The issuance
was made pursuant to an August 27, 2015 notice of exercise of warrant.
On October 1, 2015, we issued 163,644,444 shares to Typenex Co-Investment, LLC
upon its cashless exercise of a warrant using 2,800,000 shares of our common
stock as payment. The warrant is dated June 21, 2013 and is filed as Exhibit
99.3 to our Current Report on Form 8-K filed on January 27, 2014. The issuance
was made pursuant to a September 18, 2015 notice of exercise of warrant.
April 18, 2016 filing - Thus, the number of shares of the Issuer's common stock beneficially owned by Typenex as of the date of this filling was 466,878,988, which is 9.99% of the 4,673,463,343 shares that were outstanding on that date (as reported in the Issuer's Definitive Schedule 14C filed on October 29, 2015).
(No other filings include Typenex as of 7/31/16)
Note #3: WHC Capital LLC
August 1, 2013, we issued a $166,000 12% secured convertible debenture (the
"Debenture") to WHC. The Debenture matures on August 1, 2014, and interest on
the Debenture is payable in cash upon maturity. If we fail to repay the
Debenture with interest upon maturity, the interest rate increases to 22%. The
Debenture is secured by 35,000,000 shares of common stock pledged by Benny R.
Powell, our Chief Executive Officer, President, Chief Financial Officer, and
Secretary, and a member of the Board, from his individual holdings. Funding of
this note was received subsequent to our fiscal year end.
Dec. 13, 2013 Because such registration ( of shares for WHC) was not declared effective by the Securities and Exchange Commission by December 9, 2013, the principal amount of the Debenture has increased by 140% to $232,400. WHC has notified us of its intention to sell the 35,000,000 shares of common stock (the "Pledged Shares") pledged by Benny R. Powell, our Chief Executive Officer, President, Chief Financial Officer, and Secretary, and a member of our
Board of Directors under the Pledge and Security Agreement with WHC and Mr.
Powell, to cover payment of the $232,400 plus interest.
April 21, 2014 filing - February 2014, WHC Capital, LLC converted a portion of the principal and interest owed to it under a 12% Secured Convertible Debenture filed Exhibit 4.6 to our Annual Report on Form 10-K filed with the SEC on December 5, 2013 into an aggregate of 27,300,000 shares of our common stock.
April 21, 2014 filing - March and April 2014 prior to the date of this Quarterly Report, WHC Capital, LLC converted a portion of the principal and interest owed to it under a 12% Secured Convertible Debenture filed Exhibit 4.6 to our Annual Report on Form 10-K filed with the SEC on December 5, 2013 into an aggregate of 162,772,845 shares of our common stock.
April 22, 2014 - WHC 13g holdings 137,772,845* Consists of common stock which the reporting person has the right to acquire by way of conversion of a convertible note. See the Issuer's filings with the Securities and Exchange Commission for additional information regarding the Convertible Note.
May 9, 2014 filing - May 5, 2014, we issued 41,699,956 shares of common stock to WHC Capital,LLC to convert $16,054.48 in partial principal and interest due under a 12%
Secured Convertible Debenture
July 11, 2014 filing - On May 27, 2014, we issued 82,320,000 shares of common stock to WHC Capital LLC to convert $45,276 in partial principal and interest due under the 12% Secured
Convertible Debenture
July 11, 2014 filing - On July 10, 2014, we issued 86,644,000 shares of common stock to WHC Capital LLC to convert $42,888.78 in principal and interest due under the 12% Secured
Convertible Debenture. The issuance was made pursuant to a June 18, 2014 notice of conversion.
Aug. 29, 2014 filing - On August 13, 2014, we received a notice of conversion from WHC Capital LLC to convert $12,336.02 in principal and interest due under the 12% Secured
Convertible Debenture.filed as Exhibit 4.6 to our Annual Report on Form 10-K
filed with the SEC on December 5, 2013 into 22,429,128 shares of our common
stock. These shares have not yet been issued.
April 6, 2015 filing - WHC CAPITAL, LLC Funding of this note was received in August 2013 and the Debenture was paid in full during the reporting period.
Aug. 6, 2015 filing - On July 23, 2015, we issued 31,185,925 shares to WHC Capital, LLC to convert $16,840.40?of the principal and interest owed under the 12% Convertible
Debenture dated August 1, 2013 filed as Exhibit 4.6 to our Annual Report on Form
10-K filed on December 5, 2013. The issuance was made pursuant to a July 7, 2015
notice of conversion.
(No other filings include WHC as of 7/31/16)
Note #4: JSJ (more than one note to JSJ)
August 5, 2013, we issued a $27,500 convertible note (the "JSJ Note") to JSJ.
The JSJ Note is due and payable in six months from issuance at a premium of 125%
of the principal amount.
April 21, 2014 filing - February 2014, JSJ Investments, Inc. converted $28,875 in principal and interest owed to it under a $27,500 convertible note filed as Exhibit 4.7 to our Annual Report on Form 10-K filed with the SEC on December 5, 2013 into an aggregate of 16,041,667 shares of our common stock.
July 11, 2014 filing - June 10, 2014, we issued a $50,000 12% Convertible Note (the "JSJ Note") to JSJ. The JSJ Note is due and payable on December 30, 2014 at a premium of 150% of the principal amount upon approval and acceptance by JSJ Investments; provided, however, that the principal balance of the note is payable on demand.
July 23, 2014 filing - July 11, 2014, we issued another $50,000 12% Convertible Note to JSJ (together with the June 10, 2014 12% Convertible Note, the “JSJ Notes”) with a maturity date of January 11, 2015. The JSJ Notes are identical in all respects other than the stated maturity date.
Aug. 1, 2014 filing - On July 25, 2014, we issued a $100,000 22% Convertible Note (the "JSJ Note") to JSJ. The JSJ Note is due and payable on January 25, 2015 at a premium of 150% of
the principal amount upon approval and acceptance by JSJ, with the principal
balance of the note payable on demand.
Aug. 29, 2014 filing - On August 20, 2014, we issued a $50,000 22% Convertible Note (the "JSJ Note") to JSJ. The JSJ Note is due and payable on February 20, 2015
Dec. 30, 2014 filing - On December 23, 2014, we issued 84,159,402 shares of our common stock to JSJ Investments, Inc. to convert $55,545.21 of the principal and interest owed under
the $50,000 Convertible Promissory Note dated as of June 10, 2014 filed as
Exhibit 4.5 to our Current Report on Form 8-K filed on July 11, 2014 and amended
as reported our Current Report on Form 8-K filed on August 1, 2014. The issuance
was made pursuant to a December 11, 2014 notice of conversion.
Feb. 11, 2015 filing - On January 28, 2015, we issued 127,683,352 shares of our common stock to JSJ Investments, Inc. to convert $54,137.74 of the principal and interest owed under
the $50,000 Convertible Promissory Note dated as of June 10, 2014 filed as
Exhibit 4.5 to our Current Report on Form 8-K filed on July 11, 2014 and amended
as reported our Current Report on Form 8-K filed on August 1, 2014. The issuance
was made pursuant to a January 23, 2015 notice of conversion.
March 4, 2015 filing - On February 19, 2015, we issued a $50,000 22% Convertible Note (the "JSJ Note") to JSJ. The JSJ Note is due and payable on August 17, 2015
April 6, 2015 filing - JSJ INVESTMENTS, INC. (listed as #9 in list of notes in this filing - no other info)
Aug 6, 2015 filing - On July 24, 2015, we issued 150,053,480 shares to JSJ Investments to convert $53,018.90?of the principal and interest owed under the $100,000 Convertible
Promissory Note dated as of July 25, 2014 filed as Exhibit 4.1 to our Current
Report on Form 8-K filed on August 1, 2014. The issuance was made pursuant to a
July 21, 2015 notice of conversion.
On July 31, 2015, we issued 6,526,669 shares to JSJ Investments to convert
$2,306.09?of the principal and interest owed under the $50,000 Convertible
Promissory Note dated as of July 11, 2014 filed as Exhibit 10.50 to our Annual
Report on Form 10-K filed on April 6, 2015. The issuance was made pursuant to a
July 21, 2015 notice of conversion.
Oct. 6, 2015 filing - On August 10, 2015, we issued 156,580,151 shares to JSJ Investments to convert $24,896.24 of the principal and interest owed under the $100,000 Convertible
Promissory Note dated as of July 25, 2014 filed as Exhibit 4.1 to our Current
Report on Form 8-K filed on August 1, 2014. The issuance was made pursuant to an
August 3, 2015 notice of conversion.
On August 24, 2015, we issued 156,580,151 shares to JSJ Investments to convert
$16,487.89 of the principal and interest owed under the $100,000 Convertible
Promissory Note dated as of July 25, 2014 filed as Exhibit 4.1 to our Current
Report on Form 8-K filed on August 1, 2014. The issuance was made pursuant to an
August 19, 2015 notice of conversion.
Oct. 16, 2015 filing - On September 3, 2015, we issued 156,580,151 shares to JSJ Investments to convert
$16,487.89?of the principal and interest owed under the $100,000 Convertible
Promissory Note dated as of August 20, 2014 filed as Exhibit 4.1 to our Current
Report on Form 8-K filed on August 29, 2014. The issuance was made pursuant to a
September 1, 2015 notice of conversion.
(No other filings list JSJ as 7/31/16)
Note #5: LG (SPA, note 1 and note 2 listed) (Gel is listed)
October 2, 2013, we issued a $55,000 convertible note (the "LG Note") to LG
with an original issue discount of 10% covering $5,000 in LG's due diligence and
legal fees in connection with the LG Note. The LG Note is due and payable on
October 2, 2015, with interest payable in our common stock. If we fail to repay
the LG Note upon maturity, a default interest rate of 24% shall also apply from
such date, or at the highest rate permitted by law.
April 21, 2014 filing - March 5, 2014, we issued a $53,000 8% convertible, redeemable note (the “LG Note”) to LG with an original issue discount covering $3,000 in LG’s legal fees in connection with the LG Note. The LG Note is due and payable on March 5, 2015, with interest payable in shares of our common stock.
July 11, 2014 filing - May 24, 2014, we entered into a Securities Purchase Agreement with LG (the"LG SPA") under which we agreed to issue two 9% convertible notes in the
principal amount of $50,000 each for an aggregate principal amount of $100,000
(each a "LG Note") in exchange for (i) $50,000 in cash for the first LG Note;
and (ii) for the second LG Note, a $50,000 promissory note issued by LG to us
(the "LG Payment Note") due January 30, 2015. The LG Notes are due and payable on May 30, 2015, with interest payable inshares of common stock. The descriptions above of the LG SPA, the first LG GEL Note, the Second LGANote, and the LG Payment Note do not purport to be complete and are qualified intheir entirety by reference to the full text of the LG SPA, the first LG GELNote, the Second LGA Note, and the LG Payment Note, a copy of which is filed as
4.2, 4.3, 4.4 and 99.2 hereto, respectively.
July 11, 2014 filing - On June 4, 2014, we issued 54,685,981 shares of common stock to LG to convert $32,811.59 in principal and interest due under the 9% Convertible Redeemable
Note dated October 2, 2013 (the "2013 LG Note"). The issuance was made pursuant to a May 27, 2014 notice of conversion and fully paid off the 2013 LG Note.
April 6, 2015 filing - For fiscal year ending Aug 31, 2014: 8. LG CAPITAL FUNDING, LLC The
issuance was made pursuant to a May 27, 2014 notice of conversion and fully paid
off the 2013 LG Note.
June 18, 2015 filing - On December 4, 2014, we issued 79,269,409 shares of our common stock to LG Capital Funding, LLC to convert $52,317.81 of the principal and interest owed pursuant to a 9% Convertible Note dated May 30, 2014 between the Registrant and LG Capital Funding, LLC, which is incorporated herein by reference to our Current Report on Form 8-K filed on July 11, 2014. The issuance was made pursuant to a December 4, 2014 notice of conversion.
July 30, 2015 filing - On June 23, 2015, we issued 9,404,727 shares to LG Capital Funding, LLC to convert $6,207.12 of the principal and interest owed under a $50,000 Convertible
Promissory Note dated as of May 30, 2014 filed as an Exhibit to our Current
Report on Form 8-K filed on July 11, 2014. The issuance was made pursuant to a
June 19, 2015 notice of conversion.
On June 26, 2015, we issued 15,415,239 shares to LG Capital Funding, LLC to
convert $9,326.22 of the principal and interest owed under a $50,000 Convertible
Promissory Note dated as of May 30, 2014 filed as an Exhibit to our Current
Report on Form 8-K filed on July 11, 2014. The issuance was made pursuant to a
June 26, 2015 notice of conversion.
Aug. 6, 2015 filing - On July 21, 2015, we issued 25,222,747 shares to LG Capital Funding, LLC to convert $12,485.26?of the principal and interest owed under a $50,000
Convertible Promissory Note dated as of May 30, 2014 filed as an Exhibit to our
Current Report on Form 8-K filed on July 11, 2014. The issuance was made
pursuant to a July 13, 2015 notice of conversion.
On July 29, 2015, issued 31,580,727 shares to LG Capital Funding, LLC to
convert $10,421.64?of the principal and interest owed under a $50,000
Convertible Promissory Note dated as of May 30, 2014 filed as an Exhibit to our
Current Report on Form 8-K filed on July 11, 2014. The issuance was made
pursuant to a July 20, 2015 notice of conversion.
Oct. 6, 2015 filing - On August 8, 2015, we issued 82,420,727 shares to LG Capital Funding, LLC to convert $13,599.42 of the principal and interest owed under a $50,000
Convertible Promissory Note dated as of May 30, 2014 filed as an Exhibit to our
Current Report on Form 8-K filed on July 11, 2014. The issuance was made
pursuant to an August 5, 2015 notice of conversion.
Dec. 24, 2015 filing - To LG Capital Funding, LLC, on October 21, 2015, November 4, 2015, and November 12, 2015, we issued 54,626,181 shares, 63,934,454 shares, and 91,491,818 shares, respectively, to convert $6,008.88, $7,032.79, and $5,032.35?of the principal and interest owed under a $18,000 9% Convertible Redeemable Promissory Note dated as of April 16, 2015. The issuances were made pursuant to October 21, 2015, November 3, 2015, and a November 10, 2015 notices of conversion, respectively.
Note #6: Asher (SPA and Note)
September 30, 2013 and November 11, 2013, we entered into Securities Purchase
Agreements (the "Asher SPAs") and 8% Convertible Promissory Notes (the "Asher
Notes") with Asher in the principal amounts of $37,500 and $53,000,
Respectively.
Feb. 4, 2014 51,934,320*Consists of Common Stock that the reporting person has the right to acquire by way of conversion of promissory note(s), subject to the right of the issuer to repay the note(s) as set forth in the terms of the note(s) Percent of Class Represented by Amount in Row (9) 9.99% (based on the total of 519,863,070 outstanding shares of Common Stock)
April 21, 2014 filing - April 2014 prior to the date of this Quarterly Report, Asher converted $46,000 in principal and interest owed to it under convertible promissory notes in substantially the form filed as Exhibit 4.9 to our Annual Report on Form 10-K filed with the SEC on December 5, 2013 into an aggregate of 51,685,393 shares of our common stock.
May 9, 2014 filing - April 21, 2014, we issued 5,364,706 shares of common stock to Asher
Enterprises, Inc. to convert $7,000 in partial principal and interest due under
8% Convertible Promissory Notes
Note #7: GEL
January 24, 2014, we agreed with GEL to reduce the second of four $75,000 Secured Promissory Note issued by GEL to us (each, a “GEL Payment Note”) as consideration the second of four $75,000 6% Convertible Redeemable Secured Notes (each, a “Back End Note”) issued by us to GEL in the form filed as Exhibit 4.12 to our Annual Report on Form 10-K filed with the SEC on December 5, 2013, to $35,000 and extend the maturity date of the amended GEL Payment Note to April 24, 2014, and received the remaining $40,000 GEL Payment Note in March 2014 to complete the originally contemplated $75,000 tranche.
April 21, 2014 filing December 2013 through February 2014, GEL converted a portion of the principal and interest owed to it under a $50,000 6% Convertible Redeemable Note filed as Exhibit 4.11 to our Annual Report on Form 10-K filed with the SEC on February 20, 2014 into an aggregate of 33,649,197 shares of our common stock.
April 21, 2014 filing - March and April 2014 prior to the date of this Quarterly Report, GEL converted a portion of the principal and interest owed to it under a $50,000 6% Convertible Redeemable Note filed as Exhibit 4.11 to our Annual Report on Form 10-K filed with the SEC on February 20, 2014 into an aggregate of 89,946,818 shares of our common stock.
May 9, 2014 filing - May 5, 2014, we issued 17,000,000 shares of common stock to GEL
Properties, LLC to convert $1,020 in partial principal and interest due under 6%
Convertible Redeemable Secured Notes
July 11, 2014 filing - On April 28, 2014, we issued a $40,000 8% Convertible Redeemable Note to GEL(the "GEL Note") in exchange for a $40,000 Collateralized Secured Promissory
Note due December 27, 2014 (contingent on our continuing to meet current
information requirements of Rule 144 under the Securities Act) issued by GEL to
us (the "GEL Payment Note"), bearing interest at the rate of 8% per annum and
secured by a $75,000 8% convertible promissory note issued by BioNeutral, Inc.
to GEL. Provided, however, we agreed that to reimburse GEL $6,000 in legal fees
and due diligence fees paid by GEL.The GEL Note is due and payable on April 28, 2015, with interest payable in shares of common stock.
July 11, 2014 filing - On July 11, 2014, we are issuing 11,111,698 shares of common stock to GEL Properties, LLC to convert $12,445.12 in principal and interest due under 6%
Convertible Redeemable Secured Notes. The issuance was made pursuant to a July 7, 2014 notice of conversion.
Note #8: AGS
See Claim #1 for details: “The December AGS note” - we concurrently issued to AGS a 12% Convertible Promissory Note in principal amount of $149,129.50 (the “December AGS Note”) as payment in full of the Invoices.
January 8, 2014, we issued an 18% Convertible Promissory Note in principal amount of $19,000 (the “January AGS Note”; together with the December AGS Note, the “AGS Notes”) to AGS.
April 21, 2014 filing - March 2014, AGS converted a portion of the principal and interest owed to it under the AGS Notes filed as Exhibits 4.2 and 4.3 hereto into an aggregate of 124,401,880 shares of our common stock.
Note #9: JMJ Financial
April 21, 2014 filing - From January through February 2014, JMJ Financial converted a portion of the principal and interest owed to it under a promissory note filed as Exhibit 4.13 to our Annual Report on Form 10-K filed with the SEC on February 20, 2014 into an aggregate of 11,500,000 shares of our common stock.
April 21, 2014 filing - March and April 2014 prior to the date of this Quarterly Report, JMJ Financial converted $47,161.67 in principal and interest owed to it under a promissory note filed as Exhibit 4.13 to our Annual Report on Form 10-K filed with the SEC on February 20, 2014 into an aggregate of 116,747,628 shares of our common stock.
July 11, 2014 filing - June 13, 2014, we issued 30,000,000 to JMJ Financial to convert $15,000 of partial principal and interest due under the Promissory Note. The issuance was made pursuant to a June 10, 2014 notice of conversion.
July 11, 2014 filing - On July 10, 2014, we issued 50,000,000 to JMJ Financial to convert $22,500 of partial principal and interest due under the Promissory Note. The issuance was made pursuant to a July 8, 2014 notice of conversion.
Settlement Claims/Agreements:
Claim #1: AGS
January 30, 2014, we entered into a Settlement Agreement and Release (the “AGS Settlement”) with AGS to settle an action brought by AGS against us in the Circuit Court of the Second Judicial Circuit, Leon County, Florida (the “Court”) for our failure to pay certain invoices (the “Invoices”) purchased by AGS from certain creditors of ours, including (i) $17,901.30 owed by us to Active Media Publishing, LLC, an entity controlled by Benny R. Powell, an officer and director of us; and (ii) $56,352 owed by us to Glass House Graphics, a sole proprietorship owned by David Campiti an officer and director of us. Following a fairness hearing pursuant to Section 3(a)(10) of the Securities Act of 1933, the Court approved and we concurrently issued to AGS a 12% Convertible Promissory Note in principal amount of $149,129.50 (the “December AGS Note”) as payment in full of the Invoices.
April 21, 2014 filing - February 2014, AGS converted a portion of the principal and interest owed to it under the AGS Notes filed as Exhibits 4.2 and 4.3 hereto into an aggregate of 54,992,695 shares of our common stock.
Claim #2: IBC
February 5, 2014, we entered into a Settlement Agreement and Release (the “IBC Settlement”) with IBC to settle an action brought by IBC against us in the Circuit Court of the Twelfth Judicial Circuit, Saratosa County, Florida (the “Court”) for our failure to pay certain invoices (the “Invoices”) purchased by IBC from certain creditors of ours, none of whom were related parties of us or our affiliates. Following a fairness hearing pursuant to Section 3(a)(10) of the Securities Act of 1933, the Court approved and we issued to IBC 7,500,000 shares of common stock as payment in full of the Invoices and agreed to issue to IBC in one or more tranches as necessary that certain number of shares equal to the $102,000 owed under the Invoices divided by the IBC Repayment Price (as defined below) (the “Repayment Obligation”). IBC and we agreed that IBC does not intend to own more than 9.99% of our outstanding common stock at any time (the “Limitation”).
April 21, 2014 filing - February 2014, IBC converted $26,125 in Repayment Obligations owed to it under the IBC Settlement filed as Exhibit 4.4 hereto into an aggregate of 22,500,000 shares of our common stock.
April 21, 2014 filing - March 2014, IBC converted $76,235.00 in Repayment Obligations owed to it under the IBC Settlement filed as Exhibit 4.4 hereto into an aggregate of 140,077,922 shares of our common stock.
July 17, 2014 filing - 52,010,944 shares of Common Stock were, as of February 7, 2014 (the “Settlement Date”). IBC commenced the Action against the Issuer on February 6, 2014 to recover $102,000 of past-due accounts payable of the Issuer, which IBC had purchased from vendors of the Issuer pursuant to terms of separate receivable purchase agreements between IBC and such vendors (the “Claim”). The Order provides for the full and final settlement of the Claim and the Action.
July 17, 2014 filing - 13g/a filed and IBC shares now equal zero.
Claim #3: IMI
April 21, 2014 filing - April 2014 prior to the date of this Quarterly Report, we issued an aggregate of 14,541,570 shares to IMI as required by our Service Agreement, as amended, with IMI as disclosed in our Annual Report on Form 10-K filed February 20, 2014.
Stock shares outstanding attributable to convertible debt listed by date and conversion notices from the filings whenever listed as a whole:
August 31, 2013 There were approximately 28,985,500 common stock equivalents outstanding, attributable to the convertible debt agreements.
Jan. 14, 2014 10q In December 2013 and January 2014, four convertible debt holders converted an aggregate of $131,095.34 in principal and interest for an aggregate of
63,019,244 shares of our common stock. In December 2013, two debt holders also
converted debt owed to them for an aggregate of 17,416,667 shares of our common
stock. All conversions were performed pursuant to the underlying terms of their
convertible debt.
April. 21, 2014 During the three month period ending November 30, 2013, the Company issued 22,636,273 shares of its common stock in satisfaction of convertible obligations in the amount of $60,000. During the three month period ending February 28, 2014, the Company issued 244,324,232 shares of its common stock in satisfaction of convertible obligations, in the amount of $405,000.
Convertible debt holders converted debt in exchange for 809,270,319 shares of common stock.
In the period subsequent to February 28, 2014, the Company issued 14,541,570 common shares to consultants, under agreement, in satisfaction of amounts payable.
The Company has issued convertible notes in exchange for proceeds, in the amount of $53,000, less fees charged.
July 23, 2014 filing - 10q - As of July 18, 2014, there were 2,171,534,973 shares of the Company's common stock, $0.001 par value per share, issued and outstanding.
Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity similar to fully diluted earnings per share. There were approximately 1,545,000,000 common stock equivalents outstanding at May 31, 2014, related to the convertible debt arrangements, which have been excluded from diluted earnings per share since their effect would have been anti-dilutive.
During the year ending August 31, 2013 the Company entered into a stock buy-back plan, whereby 1,785,900 shares were repurchased for $55,000 cost. The shares remain in the name of the Corporation until such time as they are cancelled.
During the three and nine month periods ending May 31, 2014, the Company issued 1,202,602,616 and 1,451,432,007 shares of its common stock in upon conversion of $666,180 and $1,071,180 of convertible notes payable, respectively. The Company recognized a loss in the amount of $3,996,268 and $4,589,509, respectively, resulting from the excess in the fair market value of the stock above that of the retired debt.
Devil dog, debt holders are due to the lack of revenue REDG has had the last two years and unfortunately, until POWfolio, nothing to show for it. That alone is one of the major hot points regarding how this company has not delivered on promises.
I am compiling a complete history of their notes for everyone to review for themselves and help figure out what could be left. In my opinion there couldn't be much left based on trading volume days earlier in the year and especially recently. But the major problem is REDG filings are not current and it is all speculation until we have those filings.
If you would like, I have provided a summary list with key components of every filing REDG has ever made. The bottom of the intro page has them all if you'd like to do some DD there. It lists all the notes they've ever had as well. hope that helps - wish I had an answer to how many left, but not at this time. thedocg
Complete Share Structure update from Pacific Stock Transfer (No change in last month):
Good Afternoon,
Please see the below information for Red Giant Entertainment as of 8-5-2016.
Authorized: 12,000,000,000
Issued and Outstanding: 8,071,367,362
Restricted: 507,387,202
If you have any further questions, please contact us.
Ashlee Canady
Office Manager/ Reception
Pacific Stock Transfer
702-361-3033 Main Office
702-433-1979 Fax
571-485-9998 Billing Dept.
acanady@pacificstocktransfer.com
6725 Via Austi Parkway, Suite 300
Las Vegas, Nevada 89119
No change to O/S or RS, so any dumping was most likely debt holders in my opinion. Docg
Agree in part heroguy, that's why I say he waits until the boxes are shipping to say anything. He spent 4 days, all day every day, engaging his fans at the booth with the 20 foot image of him in the first comic, which supports the comic as well as zwagbox. Then he mc'd the panel, which supports zwagbox again. The only reason I say he should is due to those days of promotion to those fans, and only once the boxes start shipping. I think that protects his end, while also helping ease the pain of the late boxes.
He is very smart and calculated and do agree has to be careful not to go too far with how he handles these delays.
One thing as a side, this stereotype that his just get's drunk and does videos is very far from reality. Not saying he hasn't done something like in the past. I never knew much about him, other than hearing students talk about him and one mentioned it before. But after checking out his videos, it is way off to say that is his thing. All you have to do is read how his fans respond to him and watch the interaction on the videos. He shows great care for his fans and they see him as one of the most sincere and genuine youtube stars out there who truly cares about people and doing good things for others - hence his charity support, which he will be doing something live this weekend from what a post mentioned.
How this unfolds next week is going to be very interesting. I plan on calling on Wed to check the status.
have a good weekend - docg
Seems logical, but at this point maybe too early for him to step in since they already addressed the issue. I would like him too next week once the boxes are actually shipping. That to me would protect his side and also calm down some who may be still needed to have some apology. I don't think it's going to matter for some, but for him to speak the day it's confirmed boxes are shipping, I think that would go a long way.
Thanks for posting Deels0915, yes, definitely communication needed to be better without a doubt, and especially with Markiplier front and center of this. I do believe zwagbox will ship - i'm hoping no later than next week. to finally get this to his fans but also to everyone else who should have received a box already. This is the first one and unfortunately it's not a good first impression for many here. Those who've been here for more than a year or two are quick to point out this has been the problem with REDG - not delivering on promises. I for one am not hiding that fact, but with Markiplier involved I do believe his exposure and promotion make it much more a reality than any other projects before.
Good luck as well and thanks for sharing, thedocg
No, I didn't ask - yet. I may slip that in there when I call back next week to check on the status of things. I figured REDG made it public that medallion was their fulfillment center so it's not breaking any confidentiality issue. I will say this, REDG has be working with Medallion to get it done though and that is from Medallion rep.
So, in my opinion this won't be another JPN, GSL project. My point has been made many times here and I can't stress enough, I really believe Markiplier involved makes this very different then the other projects. I know a few here disagree, but that's the nature of things here and especially with a share price where it's at.
That is a good question regarding posters though, those should have zero delay for those who ordered. They should have shipped right away based on the boxes of posters they had on hand at Comic-con. Those were clearly in stock and ready to ship. No excuses what so ever, but I'm not blind or ignorant as to how things have went before, so we'll see.
One last thing, if they start shipping no later than friday of next week we will have a box by the 17th of Aug. Not a great start, but from there it HAS to ship on time to keep subscribers and get new ones.
thanks for all the posts heroguy, you are the front line of retail so I do value your input in regards to how comics are ordered, shipped, invoiced, etc...with diamond and that whole process. take care, docg
I do know one thing and that is medallion confirmed a shipping time once it begins. I was told today when I called them, typically the maximum is 5 days once shipping begins - and that's for me in Michigan.
My faith is in Markiplier's name behind it. I absolutely am not making excuses for how this has been handle, but I still believe they will ship and once things get out - hopefully smoother for each of the next boxes. Docg
Absolutely agree overall rickn - but that point of Markiplier is the primary reason I am optimistic of the items he promoted at the event. No doubt the ceo is not Markiplier - there is a reason he has just under 14 million subscribers on youtube and other entertainment agencies are now bringing him in for projects.
I disagree on the numbers, I do believe they are higher, is it near or above 10,000 - I really don't know and not wagering. I'd like to say it is, but it's a crap shoot.
Just need that box to start shipping. docg
Won't be a fact until we watch the video wingman - wish I could it will be a fact. But, my opinion, based on his promotion during comic-con, and the fact he has done unboxings in the past, I believe he will - doesn't mean it will happen as much as I want it to though. docg
Thanks for posting this rickn. I recommend viewing for anyone regardless if you saw a previous video of the panel. This is a full 40 minutes straight and shows Markiplier's promotion.
His involvement is what makes the potential so much more possible for zwagbox as he is connected directly to them. Lots of doubt lingers of course until those first boxes are shipped and we see Mark unbox as well.
thanks again rickn for getting this on here. thedocg
thanks for continuing to post. I know many others have been here longer than me and in a way that is way I don't get into telling anyone to tone it down. I read the moderator role from ihub, and the posting rules, and although it says in writing how we are supposed to post, a lot goes by that probably should be more professional.
I'm not saying anyone in particular, but as a board it would do our entire board a service to be more professional in our disagreements. It's clear there is a serious division of for and against REDG and I don't have any issue with that part. I asked ihub admin to help me learn about what should pass and what shouldn't and it was clear the majority of it will pass. the personal attacks shouldn't go on, regardless of who the attack is towards. There are ways to get our negative and positive points across without going over the line. Honestly, as much as I don't agree with our newest sticky, it's a point of view others may want to see before investing. It's DD, and people can either buy into or not.
I hope you keep posting penny, you add good value to our board and appreciate your point of view on things. take care, thedocg
thanks for the question flaflyersfan. Lots of dynamics in play regarding zwagboxes and pps actually moving. I added chart to our info page created by coop to show the potential related to pps and zwagbox subscriptions.
People buying REDG stock based on zwagbox subscriptions would happen in my opinion IF those subscriptions are anywhere near the 10,000 they claimed, plus a continued consistent shipment over the next few months to show growth, but also that the wheels are indeed moving consistently. As you can see from many of the various posts here - the past is what haunts REDG and the lack of delivering past products. ZWAGbox will be shipping in my opinion and it is a matter of how another member here mentioned - is the quality of the box good and are we going to increase exposure to increase subscriptions? If it's good then things roll, if it's not good then we sit here at the bottom.
It's going to be a domino effect if the positives do materialize. In my opinion, once we see some boxes showing up and perhaps numbers more people may feel the risk reward is more in their favor and buy.
The other real big issue is the filings getting current. Many here believe the true growth and solid numbers won't show up until Oct. or Nov to show the revenues of POWfolio, Zwagbox, and Markiplier comics retail.
I hope that helps answer that question. take care, thedocg
Great idea heroguy! Markiplier was definitely front and center of this at Comic-con and having promoted so heavily there, it would absolutely work with him doing a short 30 sec clip as you described. maybe they will follow through with the idea. docg
Thanks for getting this post out SeePalms. Still won't make everyone happy, but it at least tries to explain a little better what is going on. Would be really nice to get an actual confirmation saying "boxes are now being shipped and expect them to arrive as early as ?? but later depending on location." That email/post would be Excellent to see by the end of the week. take care, docg
Yes they did gtrab. But they needed to communicate ahead of time to refuse the negative comments. You can't please everyone, but I do think if they came out right away and shared then it wouldn't have seemed so bad.
I personally had no problem with the order time, I'm looking forward to the first box! Docg
thanks Rickn for answering that question. That's my sentiment as well regarding Markiplier opening, but wanted to hear from a few others. The negativity can overpower any perceived positive if allowed to. No question REDG (ie. the CEO) let the negative go without communication and it grew when it didn't need to if communication had been quicker. No need to go into details about that - been ran through many times.
I do also agree, Markiplier opening will be incredible exposure, but as you pointed out, the items need to show the value - absolutely critical to gaining others. Then it's a matter of fulfilling the shipping on a timely manner like the other boxes, which I think will happen after this first month is sent out - but I'm an optimist with Markiplier in the mix.
That's why this risk/reward aspect is so significant at this point - absolutely huge potential there.
thanks again -can't wait to see them boxes in the mail and items. good day, docg
Agree Justafy, I think the sentiment gets extremely negative due to "we've been here before" views, which rightfully so. Anyone who's been here for last 2 years at least knows. I still feel with Markiplier front and center it definitely favors success versus failure - just need first boxes to start shipping and see them being opened. docg
While we wait for the details on shipping of zwagbox, something to consider when it comes to exposure. The info video has over 11,400 views and this is without a box having shown up yet to people's doors.
Lot's of skepticism to go around based on the past, and rightly so. With risk vs. reward - what would be a good prediction to exposure and interest once the boxes arrive and we start seeing openings?
I will say this before someone else does - some feel "if" they ever arrive.
Well, that is another discussion - but my question is based on it arriving.
best of luck to everyone in all your trading/investing. thedocg
For those who may be interested as a shareholder, I have listed the contact information (email) for each of the board of directors. It is fyi for those who may feel they need to contact one of the directors other then the CEO. The contact info is at the bottom of our info page under helpful links.
I would like to see a major update to the status of things no later than Wed. In my opinion they should have whatever issue is there understood and can provide a definitive answer for those wanting more specifics about when the boxes are arriving. In terms of PR it would go a long way for some who are really needing the reassurance, not to mention, it's just good business communication.
I am confident zwagbox will be shipping at least later this week or early next.
What is in store? Well one thing about a delay is it can build the excitement in anticipation (if they make sure to let people know how much longer) of the first box. I really think Markiplier opening a box would incredible pr.
good evening to everyone, thedocg
Thanks number_9, appreciate it. Looking forward to that first zwagbox!! And I forgot to add, the person from the UK - well it appears zwagbox is at least shipping there, safe to say it is definitely international. Docg
Thanks flaflyersfan, yes know the details well. The last suit eric hoppel was settled in May, sorry on my phone or I would link it.
I am not aware of any suits pending after the hoppel suit settled in may. I think some were insinuating "pending" as in now and I was just trying to help spear that up.
Always appreciate the feedback and especially when they include extra details as you included.
Good luck as well. Docg.
REDG is not dead and far from it. POWfolio is approaching 3 months old this week on iOS and will be a month old for Android. This app is still in it's infancy and houses over 10,000 comics free to read. And as stated by Glowdot there is a significant update coming to add premium content and more than likely subscriptions for those who want it. ZWAGbox is going to be delivered very soon.
And also, interesting a person shared on Facebook regarding Zwagbox - they are from the UK and the "late" box is really no big deal. Not to mention, this hysteria some on here seem to think was going on was way overblown in my opinion. No doubt there were a few people that were upset - and those same few (most of them) have replied already that they are all good now that they got some news about what's up.
NO I am not excusing the lack of communication - absolutely should have been handled more quickly, but they have responded and the vast majority have all calmed down and are good with things.
Anyone coming here new - please check out our info page and you can do your DD regarding REDG. I listed every filing in a summary form with links to the full documents. At .0001 x .0002 with a major revenue stream product soon to be in customers hands, the risk reward at this level is favorable in my opinion, but everyone needs to make their own decisions based on their own DD as others here have also shared.
POWfolio, ZWAGbox, and Markiplier #1 ALL in customers hands very soon!! can't wait to see the unboxings. IF/WHEN Markiplier does an unboxing and the video is seen by at least a quarter million people, pretty sure some new people will sign up. good evening/good morning depending on when you read this. take care, docg
Dr-T, no lawsuits are pending at this point. Anyone saying there are definitive lawsuits need to post a link to the suit to verify their claim.
What may be shared is based on past history a lawsuit would be pending - but it is speculation until a verified suit is brought forward. hope that helps. docg
Lots of banter about the zwagbox shipping issue. I can't wait until the first box arrives; get an opening by Markiplier, and get on to the cycle. I will agree they should have been quicker to help alleviate concerns that were popping up, that doesn't help and only feeds the negativity.. The website information is clear in the terms and conditions, which I forgot myself and relied on the cratejoy timelines I found.
Regardless, once everyone gets their boxes we move on.
I am enjoying another REDG product while I wait for my zwagbox to arrive and that is POWfolio - still adding content daily and approaching 60 publishers. thedocg.
Thanks - yes, I'm anxious to hear what has transpired, but I'm more anxious to get the first zwagbox and markiplier comic. I remember the lead up to POWfolio when it was first announced - it wasn't real, it won't launch in beta, it won't launch for real - those types of things. And honestly, past history made those statements a higher percentage chance of being correct.
BUT POWfolio came through in beta, and came through on FCBD in iOS, then came the it won't make it to Android, it won't make it in time for Comic Con - then it came in beta and it launched way ahead of Comic Con.
Now, before everyone jumps on me - yes Glowdot was involved and most will say it's because of them it launched. OK.
Now we have ZWAGbox on the way, which the communication definitely needed to be better, but as I just saw OW post, some are complaining (I think I counted 4 people, so not exactly massive uprising and some I am fairly certain are investors as well). I imagine those posts will get deleted at some point.
Regardless, as I have shared already - once this first box get's out the monthly routine/schedule will be more established and consistent. I really think the extension of ordering during the Con really changed the shipping time frame, and as I shared a few times already - DEFINITELY could have been handled better and calmed any concerns before they even popped up.
Seems we waited forever for POWfolio and now it's ZWAGbox, can't wait! good weekend to you as well Tlsmd and thanks. docg