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How many notes are coming due in 2015? Are notes being used after projected revenues would come in- even after net 120? The continued dilution is not serving us, and will not serve us well. When do you think the use of these convertibles will come to an end?
Serious Question: I have no doubt of your math, but if the revenues can be projected in the manner you state,ie; market cap, PPS, why has the company not stopped using convertibles? This is a valid question and a concern. We would be much higher today and far better off if there had been a point in which they would have simply been forgone.
Of all of the news as of late, the contracts, advertisers,etc...I am very well pleased with. My only concern is this notes. Can someone provide a reasonable explanation as to why we still must use them?
Hey Fred-How much are you being paid to bash stocks? I'm serious. I took a quick look at your 'birth date' and your history of posts. Bashing and name calling not only REDG, but other stocks as well...not a positive or supportive post in the lot of em.
You must be one miserable person to be sure or being paid decently to spread misinformation and distrust. Well pal, Ive got some news for you so listen up... if you come on this board and start name calling and use vulgarities I will delete the post. I can't speak for other boards but the fine folks on this one have done their homework and DD.
We know what we have and where its heading. It won't be in a straight line, it may take a while and you can bet there will be questions along the way. When this goes to .01-.03 from the current PPS I'm gonna have a beer in your honor. You can bet cash money that any long on this board will reap a reward far above whatever you are being paid.
In short: I have been here since Feb/March 2013. I've not seen a financial report worth a damn in all that time. Over time I knew what the potential of this was...I didn't quit or leave even though there was plenty of reasons to do so. I didn't get out clean in March either. I didn't get in here to break even and I very much doubt others did as well. I can stay for as long as it takes.I'm not buying anymore but I am holding what I have for a pre-planned exit point.
It is my understanding that the Giant Size is coming out in Nov? Good enough for me. An announced time frame means that advertisers are in place or mostly in place. Advertisements in place mean revenues.
This post is for Rick23-
Those are good points but I think you forget that we are at the tip of the iceburg here. For everything we see-there is a lot we are unaware of at this point. Did you see todays news coming? Were you surprised? This is our time.
As far as surviving is concerned....we will. Do you think that anything from net 30 to 120 hasn't been planned for? I have faith that plans have been layed and are being followed. This is the time we have been waiting for-the first steps in growing up.
Selling now would be an unbelieveable foolish move-at least wait until after the biggest news is out, if there are revenues, other contracts,etc. Now is the time to be patient.
Agree. Today's news is what we know-there is much more coming that we don't know about. I hope this was just news and not the, 'Big News' that was referred to.
My thoughts on the Giant Size are that the advertisers are in place or are a majority of them anyway. Now that a time period has been annouced then there has to be a lot we are not privy to that is going on behind the scenes.
Nothing breeds success like success-a company thinking about doing business with REDG is much more likely to do so when other big clients are already in place. This appears to be happening.
We are only being held back by these notes. At this PPS it's either a steal or still a gamble. Guys, in a couple of months we could be 100thousandaires. At worse we have what we have now, and longs are not selling. The swing of the PPS to the upside of 2000% to 2500% is a real possibility. We just have to hang in-still ask questions-but just hang in.
The dilution will hold us in place despite hard pressure up. Todays news was substantial-very substantial, and yet we close at .0021. We need eyes, buyers, big money that see's the promise that we see.
It is hard to move up when millions of shares have to be chewed through again and again. I am optimistic that revenues are coming. Once they are documented we go up and away.
As far as ROI is concerned the weight of favorability is tilted on our side. Risk vs Reward!
Justafy-I could agree with that. The benefits of cooperation for each of us individually far outweigh each of us acting alone. I will set aside a portion of my shares in 'hold' if we can come up with an exit strategy. Of course selling all at once would bring the share price way down-but maybe between or during a certain PPS range?
Understand though that I have yet to pull my initial investment from this yet-but since I have averaged down quite a bit-.01 is well beyond my break even point. I am open to cooperation if it could be done and there is a run based upon solid news...and it sounds as if we may be on the verge of that. Apparently we are starting to 'grow up'. Lol.
Without revenues it appears we are somewhere along the lines of "people will not continue to buy stock". I have said in the past that people will not buy into chaos or uncertainty. There's no chaos but there's a lot of uncertainty. For every few steps we take forward with bits of news or dates of events, we then get news that sets us back on our heels.
If Mr Powell wants to have a company in a years time we need to see revenue and I mean nothing-but-nothing will fix the damage that this continued uncertainty brings. The PPS reflects the stability and condition of any company so it's time this changes if it can.
Agree/Disagree. Doomed? No. The other? We will see. Like I said, with all these personalities on board, their talent and connections, the planning, ....it is now time to grow up a little. The PPS of a company is a reflection of its strength and stability. With this much pushing this-we should not be at sub penny and to be there for a great length of time makes another statement.
This really is proof time-or should I say "prove" time. I understand that everything takes time but time has passed and now it's 'Go Time'.
Let's not walk this back. When the CEO states that, "You won't see this coming"-and uses the words, "Big News"....and hints that the lions share of this will come out in the time period of comic-con, I think we need to hold him to his word.
It's time for REDG to stop being a sub penny stock and start to move up in the world.
Unless all of our DD is wrong, unless all the great people working for REDG are not all that great and don't have the contacts we assume they have-it is now time to perform.Because the fact of the matter is-is that our DD is spot on and the REDG team is talanted. It is now time for some accountability and for news that matters.
I don't think that folks realise just how big that news was today. If you read all the way through its very significant. I realise it didn't help the PPS just quite yet, but the connection will become undeniable.
All good.
It certainly was very sufficient news. If you look at the who and the the possible revenue that could be pulled in, or at least projected from this....you think we get news bigger than this?
The only thing missing is that revenue and honestly it's the only news I can think of that would be bigger.
PM if you want to communicate that way-I don't have that capability though.
Is todays news the news we were waiting for?
Should have clarified-'a while'. I was thinking all this week, next week, until a day or 2 before comic-con. So, enough time to get shares for sure, but not too much longer.
Just not enough eyes on this yet to provide a lift off. That's why we got in early, eh? We are taking the lions share of the risk-therefor these levels provide for us the lions share of the reward. Where do you see this going before years end?
We all are. Clock is ticking......
There will be shares to buy in this range for a while. There is not enough eyes and wallets on this quite yet-and it will not move substantially north until news and revenues are confirmed.
The great thing for us is that once this thing starts to move hard north due to those catalysts, it will be next to impossible to catch except for a breather every once in a while.
Mid to late July is our time.
Curious-why do you think we get big news on Tuesday, and the Murphey report before weeks end? Seems as if we are just a little too far out from comicon just yet. It's only going to be the 7th tomorrow, so we have a lot of July left to go.
Momentum is building for sure and I'm sure this PPS will not be long for this world. I think we get a few more days of churning with folks waiting for confirmation before buying in.
Once the chase is on though, this sucker will be tough to catch. We could well be at .02-.03 by Sept!
People usually don't post like that without at least believing they are right. Hack may be right but there is a slim chance of it.
As usual the fine DD by the folks on the board got to the heart of the matter rather quickly. I'll go with whats available rather than a poster who says he spoke to someone at Lin-then does not bother to post a when, a name, or a number.
As of now I will go with the links and evidence that thave been provided over the word of a poster on this board. If there has been a change we will know soon enough.
If the Lin number that was called, along with the person that was spoken with can be provided, it should be posted.
In all reality the project may have been dropped and if it was then so be it. There's a lot more stuff cooking as of right now so while losing the project(maybe) would be a body shot, it's not the game changer that hack makes it out to be.
The PPS is already low-no convertibles due until Dec-big events coming up. We're ok just on those things alone.
Ohhhhhhh boy! Well, that sure would be something! Gotta go my myself. Have a great 4th everyone!
Thanks Coop. 200 million market cap gives us about a .03?
I don't yet see the importance of this. So-we are closer to being chosen to having Wayward Sons being made into a movie? It has been chosen and will be made into a movie? It is 1 of 7 titles of which 1 of those will be made into a movie?
The news seems pretty big-but it's sort of hard to understand the scope of it. Plus it has not yet been officially announced by REDG-contract 'gag' terms do you think?
Forgive my ignorance: IMDB?
Chuckle. Ok-that was funny. A little easing of tension is a good thing.
Alright. Let's say you are correct...it sounds as if you might be. Gimmeabrks answer= 'So what?!?". I never counted on any ONE thing to propel the PPS to glory because that's not the way it works.
REDG is a ENTERTAINMENT company with multiple irons in the fire. Those 'irons' are storylines, comics, movie scripts, tv series...
Ever here of a man called Theodore Roosevelt? I'm willing to bet you have. There is-in short an explanation for those on the REDG team and those who simply tear down or bash:
"It is not the critic that counts, not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man in the arena whose face is marred by dust and blood and sweat; who strives valiantly, who errs, who comes up short time and time again, because there is no effort without error and shortcoming; but who actually does strive to do the deeds; who knows the great enthusiasms; the great devotions; who spends himself in a worthy cause; who at best in the end knows the triumph of high achievement; and who at the worst, if he fails, at least fails while daring greatly, so that his place will never be with those cold timid souls who know neither victory nor defeat.
I think this is the mindset of REDG. Go for broke and FIND a way to succeed. Conventions, comiccon, meetings, storylines, 65-75 hour weeks...this is not all for one thing only. There are many fronts, many paths to success, and I'm sure that we will get there.
Have I agreed with everything REDG has done? 'No'. Do I wish the PPS was higher? 'Yes'. Do I respect the constant work, effort and drive? 'Hell, yes!'
If you thought to come on here and get me and a lot of others to dump their shares because of the info you have provided, you would be dead wrong. What did you expect...for us to call for a fan and smelling salts because of your bombshell of a post?
I've been here going on 2 years, through some damn rough times too. I will see this through because if it takes another year or two then it simply does. There will be times I will piss and moan a bit because I want this success to happen faster. I absolutely despise the convertible notes which is no secret to anybody on this board.
In short, I believe we will make it. There will be dips, turns and set backs-that's ok. We are in the arena.
Very detailed and articulate responses. The timelines seem to indicate this coming to fruition in late fall or early winter, if the reality of what both of you posted is mixed in with the news that Mr Powell has in store. But maybe...
If advertisers are still being sought and rates being negotiated with Comiccon as a show place-maybe next spring? So we are looking at another year hold do you think??
The numbers are indeed impressive and they are not in question. The question becomes, 'can we draw in the types of business that will pay those rates?' Will a company, say like Mars Candies, go with a start up company like REDG? The late revenue from those that advertise is not the problem...invoices get paid.
The delay of the Giant Size makes me believe REDG may be struggling to find advertsers to fill those 32/34 pages. If those pages were filled would we have not stuck to the original time line? Creativity and storyline are not the problem, REDG has a very talented team. I can only think that advertising is holding us up. Ideas?
Which one do you want up?
The longer we go into the summer the greater the risk of trying to flip for a little money when any type of surprise news leaves a flipper chasing hard north. The deeper into July we go the riskier that strategy may become. Who knows for sure. I probably need to start flipping a bit at some point to pull a little profit or at least increase my share count. The buy and hold thing does not seem to be working out.
Naw...he admitted that he sold low and lost money. He shoulda held on longer. Some guys.....
Yes. Would be great to end on 19s or 20...holding good ground into next week. I know that some emailed Benny last night concerning news he has said he will distribute. Any response that you've heard of?
Very good. I have averaged down from the old days of 6 months to a year ago. Not where I want to be but much better off. The big payday that I got into this for does not seem to be in the works as of right now-but plenty of opportunities to flip have presented themselves. I will start doing this. I will either reinvest into a higher share count or pull some cash-who knows at this point. The family is doing well-thanks for asking.
TR!! How ya doing? Hope all is well with you and the family. Are you back in the REDG game?
You do understand the percentages of what you said? I'm going to assume you know what a "bag" is-in relation to a rising PPS. I hope you're right. The DD is undeniable-but our exposure will not yet provide us the numbers to push this to those types of levels. Not yet anyway.
Agreed. Need a catalyst of some sort to move this.
Ok-I was sure I had read it was due Aug 1st? If not, when is the next one due? If we could just get a good run Ragsy,... with significant news this goes north so hard the long wait would be worth it.
Frustrated is all. We could be so much further along than we are. Actually, despite this upcoming note...I have few complaints. I don't regard them as helpful or necessary . You are right though, pissing aand moaning about it will not change the senario.
Could not disagree more strongly. As of now they are part and parcel of one another. The health of the company relects in it's PPS and vice-versa. We look for news from the company to drive the PPS upward-the better the news the higher the PPS.
When a company makes poor decisions, the stock price suffers...good decisions, the stock price improves. I find it odd when the company or its stock holders attempt to divorce them selves from the item which very clearly identifies with the identity, health, and stability of the company.
Set at .0092 w/ S.T.