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Looks like some of comments on the official REDG FB page are getting more impundent. Wish I could have read the one that was removed. It must have been a dandy.
Now they can refute the grumbling claims that they haven't posted to FB in a month.
But unfortunately for them, they can no longer claim they are too busy for frivolous FB activity.
They need a nun with a ruler cracking some knuckles over there.
From the REDG FanBoy page:
Thursday morning
Hello, Vijay --
Thank you for your letter -- AND for all your online support of REDG.
Rest assured that we are not sitting idly by. Many things are in progress. Timing is not up to us. We'll release news when we are clear to release it. If you don't hear an announcement, that means there is nothing to announce -- yet.
Remember that you are seeing the birth of a company, with a thousand things that must settle into place, and you're feeling every birth pang. The GIANT-SIZE launch, for example, is not the finish line -- it's the starting gate, the birth.
You are expecting news on a regular basis, but that's unrealistic at this early point; things happen when they happen. Do you know that new show BATTLE CREEK? It was pitched to CBS in 2002; it premiered in 2015. Are you familiar with Wildstorm/Image's GEN 13 comic book? They produced, via Disney's Buena Vista Pictures, a completed animated film in 1999 -- and it's STILL not been released here in 2015. (By comparison, NIKO: THE JOURNEY TO MAGIKA premiered with lightning speed.)
With long-established companies, you see announcement after announcement...and product after product...yet the behind-the-scenes machinations for those things have been ongoing for weeks, months, sometimes years before you hear about them. The biggest example: Nobody heard about Disney buying LucasFilm or Marvel until the day they announced each of those acquisitions. That is right, proper, and legal; anything else would have been a breach with many financial and legal consequences.
Believe me, we will shout from the rooftops (so to speak) as soon as we are able.
With much appreciation,
Kirak has an interesting letter posted on the FanBoy FB page in response to his letter to the REDG board.
And just like that the post was removed. They could use some adult supervision in that office. Real people who know how to run a company.
You said yourself that BennyBoy said back in December "ample time" when referring to April. Are you moving the goal posts yet again?
And what will be your excuse come May when the books still aren't out?
Your constant defense of him is laughable.
Doesn't mean rip that it's a penny stock or a blue chip. The subject is that he has not delivered - not the size of the company. It's a penny stock for a reason, and this is Exhibit A.
"Incompetent with deadlines"...you talking about the auditors or BennyBoy? Or both?
Funny how the auditors are incompetent when they are late but BennyBoy gets a free pass by some of the gullible here.
LOL - it's a privately held company, dude.
Are the FB logins coming from Sri Lanka? Or Madagascar?
Hmmm...there have been a few posts on the official REDG FB page (I don't mean the Fanboy page) the past week or so that are the type of posts that Benny or his admin asst. was quick to remove previously. Now, such posts are not getting deleted (at least yet).
For the first time, I'm wondering if Benny is temporarily out of commission or something.
Maybe they aren't even checking in on FB anymore....Maybe if someone calls him a @(#$#! on the FB page and it is never removed, it will answer that question
Or maybe Benny is looking into international flights with a travel bag stuffed with smores.
Too farkin' funny. It's 1978 all over again.
David C. will have a follow-up video chat tomorrow, but only 10 spots will be available according to Kirak. Hopefully someone will ask a REDG Q. to David again.
...and a Red Giant Q. posed to David by someone was either blown off or went unnoticed.
Why does Jackson Browne's "Running on Empty" keep resounding in my head?
Running on...Running on Empty
Running on...Running Blind
The list seems to be long on people P.O.'d at BennyBoy.
The non-delivery is getting to be a real problem. I hope this has another run or two left in it, because I don't think the company survives in the long run. You can only hang around for so long without a regular revenue stream.
And I sold a little at .0009 last week. If Benny wants go dark on FB for 3 weeks during crunch time, I've got better places to park my $$$ as well. I got JDST in time for its run the past 3 days.
You mean the guy who was flipping out all day is close to break even on this? I can understand those who are down thousands going bonkers...but geez...with the level of your anger, I thought you were one of them.
I'll still benefit if REDG goes up, but I'm not one of those willing to go all in with BennyBoy.
OK, we'll see if they drive it back down to .0008 tomorrow so you feel better.
Yes! It happened again today as someone came in with just 3 minutes left before the close to lift this to .001.
I couldn't agree more. That line that he's not updating to protect us from sharks and shorts was the biggest load I've heard in Pennyland. The stock is already 8 ticks from zero. Where was his concern about the sharks and shorts when this fell from .25 to .0008?
The reality is that penny stocks are very difficult to short - unless you've got about $25,000 at Interactive Brokers. Most brokerages would never allow a short on this.
It's just an old post from January discussing the Chinese making some deals with similar companies.
Awhile ago, I mentioned BFRE being a 44-bagger last fall. That was from a proposed China deal. Such deal announcements can rocket shares overnight.
At this point, I'll settle for a FB post from Benny saying he went camping over the weekend and the Smores were great. Next time, pack Twinkies, Benny. Try frying those suckers in a fry pan with sauteed butter. Tasty. The bears love 'em, too.
That Campiti dude has it together.
I'd even take hospital bedridden Campiti as the CEO over BennyBoy.
And yes, I know he's out of the hospital.
Once again, a late buy right near the closing bell to bring this back up to a .001 close.
I would lay $1,000 to win $100 that Benny doesn't launch Giant Size any time in the month of April. His disappearing act is not only quite disturbing, it has a feel (to me) like someone giving the bird to retail investors. You got time to post a dancing Jesus but you won't post ANYTHING on the REDG FB page for 15 days during crunch time?
I'm in this for the trade. If it gets back to .003, I'll take it. For those who say this is a quick ride back to the pennies, the added dilution will make it that much harder unless he either comes through with a mega deal or hits it out of the part with Giant Size. Could happen, but I'd bet against it now given the track record.
Wolf's old pump from last Spring got this to .015 or so, but with all the added dilution, I doubt even that pumpster could get this back to .005 without any news from Benny. It's going to take a great PR to launch it this time.
The stock should have a run or two left in it, which is why I'm sticking around. If by chance it ran to .005 - .01, I'd be ecstatic...provided I didn't sell too early.
Potential is there, but this (to me) now has all the earmarks of several of the other penny "stuff" I've seen over the years.
The added dilution and broken deadlines and now the silence are serious red flags to me.
Upside potential is there, but this ship needs the right captain.
The poster addressed him as "Mr Benny" and made reference to the shareholders getting distressed with his silence (I'm paraphrasing.)
The poster finished with "News please."
Perhaps it was someone here - or someone from the Fanboy page.
BTW, I wonder whatever happened to Gideon - I think that was his name. He was a huge supporter who disappeared from FB.
Well he or his assistant just removed a REDG FB post from this afternoon from a shareholder, and from what was said he has time to play around with posting a dancing Jesus on his personal FB page.
...So we can write off the notion that the man is just too busy to post something - even one sentence - on the REDG FB page.
If by chance it turns out there's bad news and he was posting dancing Jesus stuff instead of addressing shareholders in a timely fashion, then I would be incensed.
If there's good news to come, he can post pics of dancing go-go girls in his free time for all I care.
Looks like someone might have picked up a couple mil shares right before the close?
There have been buyers in the final 15 mins. or so the past couple weeks to boost the close up to .001 on a handful of days.
Big wall at .001. Big support at .0008.
Textbook case of how not to run a company. In business school, they give you all these case studies of successful companies. I learn more studying the failures and learning how companies get run into the ground. Teaches me what not to do.
The real heart of the issue is the company's lack of delivery (so far). Duke and the other detractors here are empowered by it.
And now that Benny has gone dark the past 2 weeks, it's making things worse. Now everyone is left to wonder what is going on...and that just emboldens the detractors and creates a situation where some try to influence others into selling (or buying) based on stuff that is complete misinformation. The longer Benny remains silent, the worse it will get.
In a dark vacuum like this, it's a wild west environment. And that's a reflection of the leadership (or lack thereof) IMO.
Do you want to shut the naysayers like Duke up? There's only one way, and that's for Benny and the company to actually produce results and prove him wrong.
The longer this goes on with delays, etc., the more the detractors look like the seers and the pumpers look like the irrational fools.
If there is another major hiccup coming, then it may take a long, long time for Benny to ever restore trust. That is my biggest concern. I can take a May or June delay. But Benny's recent FB posts in January and early February could be construed as very misleading IMO if there is bad news coming.
I've been around the block with penny stocks. Been in the rodeo too many times. I've seen promising pennies get blown up in a few short months. Want names? ACLP, FRMC, MFLI (now BRAV), just to name a couple. And it often starts with the investors no longer trusting the CEO.
I am concerned about what has happened the past couple weeks. But Duke is the least of my concerns. To me, he's a bitter guy. I just hope there aren't 20 or so other Dukes here in a few months. I've seen stock forums completely turn on companies in a matter of weeks.
Again, the only way to shut the detractors up is for the company to prove them wrong. Then they crawl back into their holes.
You've been listening to John Kilduff from Again Capital for too long, Duke, if you're saying something like that.
Anyone file a missing persons report on BennyBoy yet? Before you do, check the Twinkie aisle at the Piggly Wiggly store.
Wish us all a Happy St. Patty's Day with a new cool cartoon pic, BennyBoy. Or give us an updated pic of the new hire filing her nails while chomping Hubba Bubba gum.
Heath Chocolate will be in a padded "meltdown" room. Kirak will also go ballistic. I'm predicting it's T minus 5 days before Benny bans Kirak on FB. Just like he did Mr. Chocolate.
The "Big 3" Fanboys posted multiple messages on Red Giant's official FB last night. Let's see if Benny finally says something. If he ignores Michael M's request, after all the work he's done on the FB Fanboy page, then I have even less respect for him. It's one thing to blow off Joe Blow investor, but Michael M. has done more to promote REDG than anyone else I know of.
No one is asking BennyBoy (except Heath Chocolate) to hold investors' hands and post something every day. But don't go silent for 10+ days at crunch time and then expect anyone to waste more time watching your bush league video presentations.
Someone call housekeeping - There's a possibility the company just crapped the bed again.
Mugsy - I'm not expecting the major deal, either. But BFRE is an example of what can happen in the rare time a penny stock company does announce a deal with a world-stage company. BFRE was a 44-bagger last fall.
I don't need a 44-bagger to make mad money off this. Even a triple from these levels will have me destroying myself in Vegas and not being able to walk for a week.
What a way to go.
Yes, the chart has looked much better this past week. I was really hopeful Thursday with it holding that key .001 closing line for a few trading days. But Friday's slip back to .0009 is bothersome.
Need good news to push this over the line.
Ask him??? The @#$#@ doesn't answer anyone.
Guess he'll wait until the last minute again to confirm a delay. He'll just keep dangling the supposed billion dollar company deal as a possibility to appease angry shareholders. Just like he did in December with the last delay.
Some of his (former) biggest fanboys on the FB fan page are slowly turning against him.
Amazingly, the FB fan page now has more Benny critics than this iHub forum.
The only entertainment now is watching Heath Chocolate slowly unravel. If this goes south, he'll be back to living in his Mom's basement like he said the iHubbers do.
.001 - .0011 is a key technical line. Get above .001 and stay there and this could be on its way to a nice runup...but that is now dependent on BennyBoy having a solid PR.
Depends on what kind of news you're talking about.
I still say no Giant Size April 1. BennyBoy has been in hiding on FB. But he still wishes us all a Happy President's Day.
My .0007 bids may go through after all. They've been sitting there for 2 months. I hope they don't go through - that would be a bad sign if they do.
Have a Twinkie on me, BennyBoy. Or maybe a Dolly Madison Zinger. So many sugary treats, so little time to update us on Facebook.
Well, it's a start. That's the first time we've closed above the trips in February. The last .001 close was Jan. 30th.
LOL - the only good thing about another delay is watching Heath Chocolate over on the FB fan page freak out. He already is. Once confirmation comes, the guy will really wig out.
I remember that post of yours. Kudos.
The re-release of Twinkies may also play a factor in missed company timelines. So many sugary treats, so little time.
Predicting Benny will not make it in April is no great feat. A handful of posters here (myself included - check prior posts) predicted that.
BennyBoy's silence on FB for the past 8 days not a good sign. But hey, he still wishes all of us a Happy President's Day!
What happens to a sleepy penny stock when a major deal is announced?
Well, the company in this example was a much, much smaller float than REDG, but it will warm your gills on a cold winter night...
Bluefire Renewables (BFRE) went from .0018 in early Oct. to .08 (44-bagger) around Oct 28.
By the way, on the BFRE iHub board, they went a week without a single post not long before the stock started to rocket. It was under the radar and it still went nuts a few weeks later.
The right company announcement changes lives in pennyland.
Pennyland = Bennyland.
C'mon, Pillsbury Kid, take the Twinkie out of your mouth and give us something to party over.
July 9-12 with preview night July 8th.
Yes, we'll see what happens. There's a lot more I could get off my chest, but I'll save it for now.
A run to .003 and I'll thank BennyBoy and become a rabbi. And I ain't even Jewish.
If he doesn't come through by Comic Con, I'll never eat the Pillsbury Kid's Pop n' Fresh rolls again. Too many other goodies in the frozen section.