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These guys continue to disappoint the way they phuck the common shareholder.
No longer what to think other than another reverse split is coming.
Well. They got the CE Mark in Europe for it. But who’s going to manufacture it and how’s all of that going to be funded?
Thanks Rick. Gives a general sense of programming revenue. Minuscule compared to their expenses.
Product licensed royalty revenue seems to be where the money is and as we all know only 20-30 SKUs of 400+ were available Q4 2019. Bunch rolled out in Q1. Anyone have a sense of how many SKUs became available in Q1?
Tdeck. We too have not been able to figure how they monetize viewership. So far the revenue numbers have been (disappointingly) small.
But expect this stay at home order to be essentially forcing their content (and Genius channel) on viewers as viewers will seek new kid friendly content after exhausting regular (go to) programming on Netflix, Hulu, Prime, Disney, Nickelodeon, Nick Jr, etc
Just unsure how they are marketing the Genius channel. Does anyone?
All good points.
Would expect the LL news to be an announcement of Season 3 which according to IR weeks ago was “close”.
Know you’ve been a big fan of getting our DVDs of RR out there so yesterday’s news should come as welcoming. Will be sending my niece one.
Think she’ll love the show and it’s uplifting girl power save the planet eco-friendly message.
Having been here for almost six years I understand and empathize.
That said Andy has significant purchases at the $2 level and above (some at $4 I recall) so he has every incentive to recoup.
Holding my shares to see how this plays out.
Keep in mind both of you that the CEO Andy Heyward has a huge common stock position and it’s in his own best interest to not dilute and increase (his own) shareholder value.
The company will absolutely survive. It’s just a matter of are current shareholders hurt in the process (further dilution) or will/can there be a strategic investor/partner that comes along side and carries them to a sustainable biz model? Or some other path to success.
Properties are (finally) gaining traction. Licensing deals are in place. Backbone is built and continues to be built (LL season 3, Kindergarten Superhero, etc)
If you’ve been following this company as long as we have you understand Andy just wants to build this and sell it.
If he was not such a huge (huge) shareholder I’d be a lot more cautious/concerned but Andy is incentivized to build shareholder value more than absolutely anyone.
For a company with only a $7M market cap $5M in deferred revs is substantial. Add to that future revs from additional SKUs not associated to pre-payments, if there is such a thing.
Also would expect CCTV deal to bring Q1 revs and Genius Channel to get a bump with all of America (and world) with kids stuck at home and parents desperate “content with a (greater) purpose”
No?
So if AR was $3.9M and they recorded $750K in Q4 $3.1M carries to Q1? AR just doesn’t disappear
Rick. Were you expecting more than $750K in revs for Q4? According to IR they only had 30 or so SKUs available to consumers of the 400+ under development and license (less than 10%) Seems in Q1 SKU (product release) accelerated. Would you agree?
Yeah. I just re-listened to the March 20 conference call and was expecting more than the public service announcement and CCTV press pieces this past week.
Per the March 20 call I believe there’s more this week.
Was expecting something on LL. Season 3 I know is “in the works and close” per IR
Sorry for being lazy but they exercise at what price and expire when?
Rick. How are you getting “100M shares fully diluted?” Last I checked with IR fully diluted was 40M.
Rick. Does this bring our total shares outstanding to about 29,000,000? Yahoo says total market cap at $.2749 is $7.02M
TDeck is right. IR told me the same thing
Good to spread the brand around and get kids excited.
I’m with you on the red PJs! Seems totally sensible
And these items can easily be purchased online and dropped off at your front door CoronaVirus-free while this hysteria subsides
Good to see products continue to flow. 400+ SKUs is a healthy rollout.
Now we wait for LL Season 3 announcement. It’s near according to IR
You and I got into this about the same time. Been a long road. Believe in the “content with a purpose” mission. Just need traction.
Which takes time. More than was purported
With three tent pole properties odds have been better now than at and point in company’s history. Oddly it’s market cap is lowest it’s been in company’s history.
Correlation mismatch.
Once company gets house in order news will flow again.
Scratch that. Not until tomorrow. Had incorrect on my calendar
Expecting good things
@Altitrade any feedback from UBS Consumer Goods & Retail Conference?
Some speculating yesterday’s Roth piece with price target of $7 is lifting stock price
Great news
Oh well. They report in two weeks. Maybe before then
Rick. You taking today’s shareholder letter bait?
Yes, we were in way too early but does feel like Q3 and Q4 product merchandise sales will finally prove a beginning to revenue ramp.
Back to school gear will be hugely important. First big wave/season of interest in products (and revenues) IMHO.
Ahh. So the CFO stepped down? Makes sense now why filings late. Typically CFO signs them.
I’ve got to believe with all the enthusiasm expressed back in December about CBD oil products launching “in Q1 and Q2” (which we’ve heard nothing about) that this is about to get exciting.
Waited patiently for quite some time now ...
Balding. Tried to call co and left message asking for response. Nothing. Wrote email and nothing.
Strange.
Anything from your end?
Even more insider buying reported today after bell. Add to that 3x increase in price targets announced and shorts will be squeezed (not soon enough)
Great news. China. Boom.
Believe it’s about attracting institutional investors and analysts coverage.
Do you think GBI gets royalty revenue off of events like this? I wouldn’t think so.
Like it!
Agreed. Stock price stinks but slowly becoming de-risked. Nice to see all the RR products on p22.
Time will tell but we’ve always liked their Mission. Just been a matter of execution.
Watching closely.
Thanks Rick. Appreciate it.
Yeah. Agree it could be an interesting series. Also, Arnold is a huge plus. Big big celebrity endorsement. Very interested to see how market reacts.
Also expect a Licensing Show update late next week after it’s over and Andy share how it was received. Guess we already know he’ll be singing praises. As usual.
Did you see Porter LeVay no longer IR reps on Stan Lee announcement today? Not sure if that’s because multiple players on deal with own IR teams or GBI switched horses.
Nice find Rick! Even before company announcement.
Yep. Only going higher. Optho solutions from IMMY division growing market share plus all value from multiple offshoot companies.
Strong Buy
Rick. Know you’re a big fan of Stan Lee. Sorry to hear he may have been victim of elder abuse by his former partner and caretaker. Glad they are prosecuting the person. No excuse for behavior like that.