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Good News and Eh... GSL News???
"Giving away a staggering 50,000 copies in print and sponsored by a host of advertisers, GIANT-SIZE #1 will preview never-before-seen artwork from all eight titles of the upcoming GIANT-SIZE line. An illustrated version of the Markiplier character will star on the special's cover as well as in original vignettes throughout the book, entertainingly introducing each GIANT-SIZE feature as only he can."
I take this saying GSL is not launching the first week of July since it is a preview of all upcoming GSL... So GSL the week after Comic-Con, or WHEN????????
Please Benny just give us a date!!!!!
Yet I will take this all day long!!!!!!
Penny_Island
Coop, you are 100% right. If they get in too low its going to be a mess... and I think we are already seeing some of it.
I had a huge chunk down at 0.0008 for a long time trying to grab what I could to add to my pile. I guess I missed that chance as with news coming this week, I don't see it going back down that low.
I managed over the last few months to bring my average down to 0.0017, so I am all smiles at this point.
I am going to try and grab some under 0.002 while I can. It's been a few years for many of us on this board, and it's nice to see green on my REDG account for once!!!
Penny_Island
REDG is once again on the radar of the people out to make small/micro gains (flippers and true day traders). Therefore they buy and sell, buy and sell, and never hold passed close. We are going to see this a lot in the next few months.
I figured we were going to make it until June before this started again, yet with Benny saying news is coming in the next week, its game on.....
Good Luck
Penny_Island
I agree yet Active Media Printing is not part of REDG. Yes, Benny heads it up and that is what REDG will eventually be using for the GSL, yet going on REDG's FB, etc and asking about another company and it's ability to deliver to another third party/company is not the right place. We should be asking on Active Media's FB, etc.
I further agree these public rants from several people are not good for any party involved. I know David and the other guy are publicly explaining why paid customers don't have their product. I am sure they have a ton of angry emails from customers, so the easiest way is to publicly explain what is going on, is this current route. However, I think David is going overboard on kick-starter.
Knowing Benny and his business abilities, he probably shipped everything 18th class and/or put everyone's stuff in the same container that is missing.
I don't know if anyone understands the West Coast ports were more or less closed for months. I have a friend at CBP and he said they are still backed-up even though the contract was resolved in mid February. Then all the backlog still has to clear CBP/customs, which by the way is a black hole. He also said, containers go missing ALL THE TIME and pop-up when they pop-up...
Penny_Island
Where are we currently???
Sorry everyone, I don't have time to post due to work, yet I still get on here and read when I have the chance.
My opinion of where we are right now:
Delays... Benny stated distribution issues and I now believe him. It appears REDG thought Diamond would just distribute the GSL to everyone. Yet, Diamond wants shops to opt-in/sign up for the GSL, not just send them out. I think getting enough signed up is proving to be an issue for REDG. As we have seen Benny ask multiple times for all of us to call up our local shops and ask them to opt-in. In addition, REDG's employee's main job seems to be calling shop owners and winning them over to sign up. I think REDG needs everyday and ever shop possible. We have also seen Benny respond saying they will not increase the number of GSL line comics per week, so the math is clearly based upon a set number 1,000,000 comics a week and the quarterly 5th week edition.
Ad Sales... I also believe there has been a lack of ad sales for the GSL with Chris Longo. In the 10K we saw that all fees went to Longo's firm, not REDG and the ads were sold at extreme discounts. I think the delays have also hurt the ad sales in the long run. I believe once the GSL is out and has a proven track record, ad sales will be much easier... Yet due to low ad sales, what has REDG done??? They sought out long term partners, hence, TRU, Bandi, and the new mystery partner. TRU and Bandi are still on and has been confirmed as being so. It is clear the new partner is tied too the launch of the GSL. I know Benny has said otherwise in the last week, yet I don't see how the GSL can launch without a massive increase of ad sales or a partner under long term contracts for ad support.
GSL Release... I am not going to rehash the last 2.5 years I have owned REDG and the delays. Benny has given us a "tentative" date of 1 July 2015 for release of the GSL. This also coincides with Comic-Con 2015 in San Diego which is the following week. This means issue #2 of the GSL should launch the day Comic-Con starts. I mean this is HUGE if REDG is the talk of the industry going into the largest comic convention in the world. Now that REDG has confirmed they will be there again this year, most likely with Marky-Mark in tow as well... I think this is make or break time. Comic-Con is very expensive to attend and I think this is genius... REDG is not going to participate in Free Comic Book Day (FCBD) this year, and I support this. REDG is saving their money and dumping it all into the GSL release with Comic-Con.
What are we currently waiting for...
Hulu Numbers from Magika
Quarterly reports
Partner Named
GSL Release
New Hulu Content
Last Blood Movie
Tesla Movie/Series
Wayward Sons Movie/Series
Share Price...
The share price is going to stay where is is for the time being, 0.0008-0.0012. What will change this? News from anything mentioned just above, such as who the partner is.
If we have no partner named in the meantime, as we have seen with all other runs prior to release except April (as all signs pointed to no release) we have seen a run to about 0.0024ish. Therefore, around 15 June 2015, I expect to start seeing the scheduled release move the stock PPS upwards, and for REDG to be on the IHUB Top-10 again. So again, unless news comes out, we sit where we are until then... Therefore, low daily volume and trips until one of those things happen.
This is the current REDG situation in my opinion...
Comments welcome...
Penny_Island /// REDG Long & Strong.........
Help you guys out...
Maybe I can help a few people who keep throwing dates out there. True, Benny said April for the GSL. Then we got the Diamond Order form in February that had the GSL line on it.
https://www.facebook.com/photo.php?fbid=936283339736945&set=o.1482672461975097&type=3&theater
Please look and notice that on the Feb form, the item code for the GSL is now FEB15 1583. The GSL is/has only ONE item code now, not several like before, one for each type of GSL/issue.
So for everyone who keeps throwing the March cancelled list out there, do you now understand that the OLD codes were what were cancelled, NOT the GSL itself. It has a new "single" order code for stores to enroll in the program. I think this is part of what Benny was talking about when he said Diamond ordering sheet issues.
http://www.previewsworld.com/support/previews_docs/orderforms/MAR15_Cancel.txt
If you look at the overall cancelled page and click on each month, nowhere do we see the new GSL line code mentioned. SO IT IS NOT CANCELLED...
http://www.previewsworld.com/Home/1/1/71/956
Furthermore, if you look at the product update page and the shipping update page, where they list comics that were delayed, pushed back, changes made, AGAIN, nowhere is REDG or the new GSL code mentioned. So it is sitll on...
http://www.previewsworld.com/Home/1/1/71/958
http://www.previewsworld.com/Home/1/1/71/957
The only catch is..... dun dun dun, we never had a solid date from Benny to know when the February form was for... Some may say the Feb preview form is for April, yet do we 100% know that??? Either way, the GSL is still on, I just can't give you an exact date. Yet, I hope this helps clear a few things up for people.
Next week the preview release page should show the first week of April releases. However, do we know if GSL is week 1, 2, 3, or 4 of April??? Benny just said April, to the best of my knowledge....
http://www.previewsworld.com/Home/1/1/71/954
I am holding, long and strong!!!
Penny Island
I agree with you and Coop.
Also, there is no reason to advertise the release... It is not a product that is for sale. It is given away for free and sorry to say, except for investors here, nobody is waiting in line to get one.
It is there as an additional product in the stores to drive future revenue and business for everyone involved, REDG, the advertisers, and the stores that carry it. There is no reason to advertise the GSL or the release. It would just be a giant waste of money. No pun intended...
Sure REDG could do some stuff on their site for free to advertise, yet it makes perfect sense for the GSL to just show up in the stores and be on shelves for free to take and in TRU bags as well.
Penny_Island
It was in the same spot, after 21:00 - end. It was just a passing comment when he said the work they had done on/for the GSL. I take that comment as we did the work we were supposed to do...
Sorry, I am not going to go back and watch his video again
Penny_Island
Agreed Haul.
Penny_Island
I think the most important take away is that David more or less said the work for the GSL was done. I am going to take it at face value and say it is all on Benny and getting them printed and shipped at this point...
I will also say David was clearly annoyed with REDG questions. I will agree and say it was a GHG chat, not an REDG chat... So I understand his being annoyed.
Penny_Island
On Watch,
I think it is very clear, they know what is going on. They are just not going to say. They all are tech and online savvy. We know they look at the FB groups and here at IHUB. David and others are just going to play dumb until Benny says something.
I personally still think GSL is going to happen!!!
I just think Benny has been bit so many times before, he has just decided to let it happen on its own.
Penny_Island
I stand corrected...
Yet, 5x or 100x, either way, Benny isn't going anywhere...
Penny_Island
GG,
First, after the last delay, many of us called to toss Benny and we had nearly the share holders to do it. Benny must have gotten the message. Soon after he announced the potential partnership and then the "Z" shares were sold to Mark and himself giving them 5x the voting rights. There is no way of voting Benny out now. We have what we have for a CEO.
Second, Campiti has his own stuff going on (Glass House Graphics). Benny said when he first started, he would only do REDG with Campiti on his team. There is NO way Campiti would go against Benny. Campiti is there for help, not run the company. Even though I wish he would...
Benny is a great idea guy and behind the scenes guy. Benny knows this industry top to bottom, left to right... He is not a good face for a company however and that is where we fail. The gov rules say FB and other digital media counts as public announcements. They could do so much more for updates that fall within the law, without this holding/hoarding of all information.
With that said, Benny has made it clear multiple times that he doesn't like to put information out until it is 100% confirmed and complete. The few times he has put information out in advance, it has come to bite him in the ass. That is why he now stays silent... That is Benny!!! and I don't see that changing anytime soon... Especially not until the GSL launches.
Welcome to the board GG, I look forward to seeing more of you here on IHUB.
Penny_Island
TLSMD,
The cancellation list that Rickn23 posted has been discussed in length over on the FB page. They are the order codes for the delayed comics from 2014. They have nothing to do with the current GSL. REDG had to cancel the old ordering codes to put out new valid ones.
I don't know why this list keeps creeping up every few days as a reason the GSL has been cancelled...
Penny_Island
Mid-Town Comics!!!
It is just not Dual, check out the full REDG, Mid-Town page... It lists almost all of the GSL, COMING SOON, 18 March 2015...
Make sure you check the "box" to see "out of stock" as well as that is where they are hidden... 37 titles on there total, including some older ones and FCBD sales from 2014.
http://www.midtowncomics.com/store/search.asp?os=1&mfg=3594&reld=1/1/1900&reld2=1/1/1900&furl=mfg=3594
Penny_Island
I marked you as well. Thought I had in the past, yet I guess not.
Penny_Island
I think people understand something is going to happen and with the big wall .0008 and .001 / .0009 is the only place to score some deals/shares if you really want them.
I for one, picked a bunch up at .0009 because I didn't want to see REDG run again and ask myself why did I wait to save 0.0001 per share at .0008?
All it will take is any news of GSL and it will be back in the top 10 board and go right back to 0.002 and that is just on interest alone. Imagine when it launches, and then when we have solid financials that show revenue and if I dare say it... Profit...
Even 0.001 is a good deal IMO... If you can buy and afford to hold, take them why you can.
Penny_Island
Where are we or where we are???
I have been an owner of REDG for over TWO years. I have seen all the ups and downs, promises, delays, and successes. Yes, I am still here as a true long. One reason is I bought REDG very very very high and I refuse to lose money on a company that I think has a chance. In keeping my money tied up in REDG I have missed several other opportunities with other companies. I finally sold 10% of my holdings for a tax loss in December as I knew it would not go back up until March or April this year. I have since bought that 10% back plus much more. I now have an average of $0.0019 and am happy where I am sitting, even though I am still in the red for tens of thousands...
With that said, I started out supporting/defending Benny from the hoards on IHUB. Then over time I got very negative with the way Benny interacts with shareholders and runs the company. Especially after the last delay and how it was announced.
I decided to step away from IHUB while I was traveling for work the last few months. I still am not that active and won't be, much like REX, TONY, and a few others. I give respect to ISenterprises, Haul, SeePalms, OnWatch, TL, and the others who can still be in here everyday chasing our tail in Benny's world.
We as shareholders right now, know nothing... We are in the dark 100% with a glimmer of light around April/May, yet that light keeps getting dimmer and dimmer as time goes on.
-The GSL was delayed again and again and again.
-We never saw the Bandi game which was promised around Christmas and we were told it was on track.
-Benny brought on Marc Piler, who he promised would promote REDG (has not happened)
-Benny covered the revolt from shareholders by discussing a major partnership, which we don't know anything more about.
Many started calling for removing Benny as CEO and we had the shares to do it. Then all of a sudden Z shares were sold to Piler and himself. Now we can't remove Benny, even if we wanted too. So we have what we have...
We did get Magika and seems like it was a success, yet Benny said if it proves successful REDG has more media they can put on Hulu ASAP. Well it has been months... It appeared to be a success too me... So why have we not seen a second or third movie or something put on Hulu??? we have not even been given numbers on how HULU did... This is crazy...
Benny has posted everything is OK and said TRU, Bandi, etc are all still a go. I take that as a good sign. I think Benny is just tired of us (shareholders) and more or less as he has said before, he doesn't care about the share price short term. He is building a company for the long term, not the short term.
Benny posted a picture of a pole dancing Jesus... Is this a wink to Marc Piler's pole dancing video? A wink that Marc is our savior? Or since it was on his personal page, it is nothing more than a stick at a good friend? We don't know...
As I said yesterday, I think Benny is going to pull this off in the coming months. I have loaded shares in the 8's and 9's and I am happy where I am at for the coming months.
I think it is funny as some of my buys have been discussed on IHUB as "must be an insider". It makes me laugh how paranoid some are on this board or how far people read into everyday events...
Good Luck!!!
Here is to the GSL, TRU, Bandi, Movies, the Partnership, and our future!!!
Penny_Island
Agree 100% SeePalms. There is no reason we have not seen financials yet. The only reason I can think of is they took a discount from the auditors in trade for them to finish it when they get to it.
Penny_Island
Ditto!!!
Penny_Island
Sorry Seepalms, yet I disagree. When the CEO of any company states a date of April during the shareholders video, which is more or less the annual meeting, that is a public announcement... Benny said April 2015. He did not come out after and say that was a guess or an estimate, or correct the statement. If he doesn't live up to that month, it is ANOTHER delay.
As I said yesterday, I think he will pull it off this time, yet if he doesn't he will lose what little support he still has from shareholders.
Penny_Island
Where did April 1st come from??? I know April was said by Benny in the video during the last delay, yet I only recall him saying April. Why has everyone targeted April 1st as the must do or die date??? There are plenty more days in April...
Furthermore, if it does delay, why do people think it would only be to May. The last several delays have all been delayed by months. So to just say if not this month, next moth, has zero basis in reality and no evidence.
I for one have been one of the largest investors that has constantly knocked Benny for his actions and have more or less stopped coming on here since the last delay. However, for some odd reason, I think he going to pull it off this time. I don't know why, I just do.
A Benny +++ coming from me..... I know right..... Hell must have frozen over.... nope, just the entire east coast...
Penny_Island
Maybe someone got tired of sitting with the pack of 8's and wanted to grab what they could while prices are low.
Penny_Island
No and Yes Rex.
Good to see you back around. Much like you I have only been dropping in here and there. It looks like Benny is giving every hint that April is a go without saying WE ARE A GO FOR APRIL...
I don't understand why it is so hard just to post, "April is a go", no further comments will be made, back to work.
That is all he would have to say, one sentence. Yet instead it is this constant, clear as mud comments and statements and responses on FB.
I did buy back in with the money I took for my tax loss in December. I am glad I waited as I was able to get twice as many shares. However, I still don't have my average down to where I would like (dam wash sale rules)...
Penny_Island
Thanks Coop!!!
Penny_Island
Almost 58 Million on the bid at .0007
I think we have our bottom at .0007, however, someone keeps trying to bump it up to .0008 with these small 100K share orders...
Interesting.......
Penny Island
I saw the FB post as well Haul.
To be honest it really does worry me. The FB posts says one delay, when in truth the GSL has had multiple delays in the past. Yet, what worries me the most is when we hear nothing at all from Benny. Silence is never a good thing with with REDG. Benny fell off the face of the earth just before the last two delays and then all of a sudden the excuse was, it all fell apart at the last minute...
I still hope for an April GSL release as Benny did state April in the investor video, so the excuse that it was never given as an "actual" release date is BS... I do still think it will happen, especially with the order forms out!!!
I think the TRU deal is still a go as it didn't cost them anything, REDG was absorbing the entire cost if I remember correctly. Anyone???
Again, the silence is what kills me.
Last year Benny was posting pictures of the comics printed and ready for FCBD, so I really do hope we could get a single picture, something that shows the GSL is on track.
Penny_Island
Thank you Haul.
Exactly what I was looking for, a down and dirty.
Penny_Island
Ready to buy back in.
Sorry guys, I have been in and out of the country more or less for the last month with little to no internet access. Also, I sold about 10% of my holdings for a tax loss in Dec so I couldn't buy back in until now to avoid wash sale rules and secure my tax break.
I see we are still in trips... I take it we are in the same boat as before, waiting on GSL unless the partnership gets announced?
I read through the board, yet I am confused... Who is this person who joined the board and/or has more shares then Benny... Very confused on this point...
Did we ever get a reason REDG isn't on the participating list for FCBD this year? I am guessing we can't afford it and that money is tied up in the delayed, now April GSL launch....
Any predictions on a new bottom? I consider any position under $0.001 a good investment, so I will be getting back in over the next few days/weeks.
Penny_Island
WHAT Happened........
I go on business travel for a month and come back and we are in trips... What did Benny do this time???
I don't even have the wanting to look back at the board... but I will have too...
Before I left I planned to buy more in early February as not to mess up my tax loss for 2014. I guess trips are good for me on that front, yet I don't like to see REDG below $0.0013. I thought we had found our well supported bottom a few months back at the price point.
Please tell me we are still on track for April 2015!!!
Penny_Island
Looking back at the last two years. Every time Benny blames the accountants and/or auditors.
I am not going to play the bashing Benny card here, yet when there is a trend, there is a trend.
Nearly two years ago Benny said he was changing accounting offices and said it should clear everything up and the late filings should stop.
Since then, I think nearly all or all filings have been late. So there is a point when a pattern exists and if everyone else (accountants and auditors) have been replaced, the remaining factor (Benny) must be the issue...
Just my opinion.. and honestly it doesn't matter because I fully expected it to be late because REDG and Benny have a never repeating history in regards to several things.
The reduced number of shares traded has nothing to do with this anyways. The recent interest in REDG has dried up and will remain until we get an announcement, product, or solid revenue. Prior to the last few weeks REDG averaged 6-15 million shares a day except here and there. The stock is just returning to where it was.
I for one am glad it has gone back slowly instead of crashed back down as it probably would have gone lower instead of finding its previous floor.
Benny has self admitted the financial side of the house isn't his expertise, which is fine... Yet, if that is the case, find or hire someone or a firm that is.
Penny_Island
I don't disagree with you in the least.
Penny_Island
Murphy Report.
Can we get one of the MOD's to place a link to the Murphy report at the top of the IHUB Intro Page for this board? Or at least a sticky for it.
Right where it currently says this would be the perfect place:
Website:
redgiantentertainment.com
Facebook:
https://www.facebook.com/RedGiantEntertainment
Twitter:
https://twitter.com/RedGiantEnt
Youtube:
http://www.youtube.com/user/redgiantcomics
Shareholder Video:
2013 Investor Presentation:
http://redgiantentertainment.com/REDG_InvestorDeck.pdf
Penny_Island
I don't think REDG has had an on-time filing in the last 2 years. So I'm not worried about it. They changed accounting firms about a year ago now.
I think it was Benny who promised the financials would get in order and on time, yet we have seen late financials every time as far as I can remember.
So again, I wouldn't worry about it.
Penny_Island
Then why are you here
or keep coming back and responding if you have no skin in the game...
You keep responding for one reason... It creates more message traffic around the post and the link, so more will go click on it...
I have never seen someone promote a third party site so much. Your own comment of I have spread it on other boards without issue demonstrates that...
Why spread a third party site with such lack of investigative abilities...
It makes NO sense unless you receive something from them or are related to the site in some way...
I am done with you sir... nobody else respond to him, we are playing into his hands of wanting clicks and subscribers...
Penny_Island
You are correct and too many people lost on REDG over the last few weeks so their only way to make it up is to short it now and bash via third party (such as this article) to make it back fast. He says he doesn't own or short REDG, yet who knows who he is spreading the word for...
There are a lot of people employed in the pumping and bashing of stocks, especially pennies...
and he says he has spread that site before on other boards... Why be such a pumper for a stock site??? It makes no sense unless you get something out of it... or are related to the site in some way.
Penny_Island
Agreed.
REDG will see silver in mid to late 2015. That is my opinion...
Penny_Island
How is that an article.
It is just dribble. It is written at the 5th grade level at best. There is no investigative angle to it at all other then quoting previous outstanding shares vs current outstanding shares with no attempt at explaining why the new shares were released. REDG has an actual product which we have all seen unlike almost every other penny stock out there.
It is just taking its time in getting up and going... Which is why as the "article" states has gone up and down as products have been delayed. In addition, the new shares are from notes that were required for the growth and operation of the company, which have all stopped now anyways.
Therefore the article has ZERO bearing on the current state of REDG.
enough said...
Penny_Island
REDG is not a SCAM!!!
and I think if anyone on this board can say they are far from a cultist for REDG it is me... Especially it's CEO...
News moves stocks in the short term and financials move it in the long term. People yell scam cause they all jumped in and bought REDG over the last few weeks expecting the GSL release and when it didn't happen they got caught and lost. Now they want to run around yelling scam. No, they took a risk and lost... Plain and simple. Welcome to the stock market, especially Penny Land. It has happened to us all!!!
With REDG off the top 10 board and no products due until April, the PPS is slipping back to where it usually sits $0.0013-$0.0015. I have said this will happen several times. I don't mean that as a EGO pump, yet more as a it has happened multiple times in the past, so for the longs it is not surprising. History is repeating itself.
When we see financials REDG will go up. Magika will bring in a good amount of long overdue/needed revenue. However until it is on paper in the form of a financial report it doesn't matter. I expect to see it in early spring 2015. I hope that warms people up and raises and stabilizes the PPS waiting on the April GSL line release and May's FCBD.
However, REDG has a LOT of long term irons in the fire. The GSL is and always has been the product that will make or break REDG. It is pushed to April, and so be it. It will happen in 2015 and make a lot of money... In addition I fully expect to see the potential partnership announced in late February or March leading up to the GSL release in April, again followed by FCBD in May.
Worst case they delay/push the GSL one month to FCBD and attempt to launch it as originally planned. I would be fine with that as long as we have long term notice of that fact.
Once we see financials from Magika, I think we will see additional films put onto HULU early next year which will bring in additional revenue.
Just my thoughts... We will see our normal $0.0013-0.0015 PPS until news or financials. It could go lower if new shares from previous notes are released, yet until then we wait.
Penny_Island
Good call!!!
We want to make sure it is right, because if you are a parent and you click on it and see a planned robbery description, it makes you think twice about what you are showing your kids.
I know it is just a HULU glitch, yet if they don't know about the mistake, they won't fix it. So good on you for reaching out.
Penny_Island