Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Perhaps your best find to date. This looks to be quite specific and too low of an offer to be fake IMO.
Anything ever come of the IP portfolio sale?
https://globenewswire.com/news-release/2016/09/07/870242/10165014/en/Interplay-Announces-Sale-of-Significant-IP-Portfolio-Wedbush-Securities-as-Strategic-Advisor.html
I guess not or is it still in play? interplay?
If you were running the show at POWN would you include that all of Stan's work in the past 15 years is not worth much and the company is on the brink of BK? That's seems to be the net of it until revenues from their IP brings in enough money to prove otherwise. In the meantime, the SEC filings and investor relationship expenses are no longer a drag on the company.
I just can't see the "box" revenues amounting to much. Sure hope the interview sheds some light on something promising.
In the Al Roker interview, do you think Stan will mention he runs POW! Entertainment, a company valued at less than $3M and on the brink of BK? And that all the ideas he has come up with in the past 16 years are not enough to keep a business afloat?
In July the stock will be training sub .01?
I couldn't disagree with you more. POWN certainly is a company producing a product and trying to make a business at it. That they have not been able to have more success with what Stan Lee is working on is why the stock is where it is at. For some reason you think the OTC market drives the company business and actions. The revenues are not enough to keep the business going and unless that changes, they will BK it. In the meantime, they are saving money by not filing and could be on the brink of BK. Sadly, management is so old that they are close to literally the end themselves. If any of the IP is a home run, this all changes quickly.
By now we would have had a 10-Q and an annual report, but instead the dynamic duo at POWN decided to keep shareholders in the dark. I always like investing in companies where insiders own a majority of stock. It's good to know they are aligned with shareholders. In this case, I at least know they are losing quite a bit more than me in the big picture.
Kind of surprised no selling at the bid @ .021. Also to see the bid and ask so close.
Now it makes more sense why POWN decided to cease listing as they filed yet another amendment to the Form 15. It is clearly too complicated for them to follow the SEC rules and run a public company.
Can you breakdown what makes up your 25 million value? What IP has the most value in your opinion?
When will we see a story covering "Stan the business man"? Mostly, articles address his work with the past and a few on his current work with POW. Would be an interesting read to understand how much money has been generated from his past works, then seeing his current company being worth about $2 million.
Those two seem very committed to supporting the company. Would be nice to see just a little bit of attention to shareholders. The 15-12G without an official press release or note to shareholders just seems wrong to me.
I find that hard to believe. Such a deal would certainly known by many and some of those many would have been buying.
that looks better.
At .02 that means insiders and Lieberman own $2 million worth. Not something to forget about if I was one of them.
Check your numbers on the float. Float is about 28 million and does NOT include the Lieberman estate shares. (I consider the Lieberman shares as insider owned) With such high insider ownership I guess we can't really complain as shareholders since the insiders have much more to lose or gain.
I have emailed IR through the POWN website contact form, and have never received a reply. Sad to see them going dark. It is not the first time for me and I have yet to experience an actual end of trading for any of them.
15-12G/A filed today. They forgot to include the number of shareholders for which they sight as the justification for delisting. 42 shareholders.
I would expect to see a press release with their intention to delist, but see none. I have a few stocks which have done the delisting and still trade. Also, though they don't have to report to the SEC, they can still keep investors updated with financial releases to their web site. However, I doubt POW! will.
Bummer, they just filed a 15-12G Securities registration termination. They won't be filing any more releases but I believe the stock will still trade. It will save them money and shareholders will be left in the dark.
At least you will have the books if this company goes BK.
I'm guessing there is a thin floor on that bid
How many does the bunny have left to sell? My bid is down there. just dump yours
Bunny do you not have level 2 quotes?
I think you are only going to get .013 for your shares bunny. Get it while you can or it goes lower before year end.
Looks like the bunny still has some more shares to sell before year end. .013 is all you are going to get before year end. Get it while you can. That .013 floor looks mighty thin.
My guess is HedgeBunny is selling shares. Shows up and says stock is going to move higher yet it drops. Year end selling like Rick predicted.Some one wants out and HedgeBunny might be that person.
Do you know how much of the IP POW! owns? My guess it is small % as they have no money to contribute to production.
Float is less then 30M shares.
All of Stan's POW! work for the past 15 years is worth less than $3M and the company is on the brink of BK. Quite the disparity to his Marvel work.
Not sure when they filmed that piece but a didn't see any packed boxes one would expect to see at a company where they have gone out of business.
The new Stan Lee creation BACKCHANNEL is coming this spring to @LINEWebtoon!
https://www.inverse.com/article/25264-webtoon-stan-lee-backchannel-line
Good news since it means they don't plan to BK the company this quarter. However, it clearly means they are not getting enough revenues this quarter to pay it off. The 8K does seem to show optimism from Gil.
Was the Asia airing announced by POW!?
1 million shares at .02 for sale
Do I understand this correctly, that POWN has completed a 13 minute short story which sells for $1.99?
Sorry for your loss on this thus far. Still surprises me some wealthy Stan Lee fan hasn't wanted to buy at this price. But perhaps they already own and got pummeled like everyone else. Pummel and own = POWN.
Where did all the posters go from 6\7 years ago? They were calling for some high valuations.
Today someone was on the bid at .02 for 1M shares. That was after someone put up 1M for sale at .022 but went away.
People will care if all the news results in revenues which is yet to materialize in a big way. The company is working well as a holder of NOLs and if there ever are profits those can be used. What they do is a crap shoot anyways. If something does go big there is a company structure to capitalize on it. If nothing comes of the IP the company just goes away. Simple and obvious. Gil is clearly not trying to get or retain shareholders which is evident with the lack of IP tracking and shareholder communications.
Unless we hear something positive, end of the year loss selling will probably bring this down to all time lows.