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Lol!! Talk about a right cross-Wow!!
I do see this happening sometime next year. They have to get the share structure under control. Best way to do that is a RS or a buyback. I don't see Mr Powell being that generous with his soon to be profit. I do see the need to get a handle on the number of shares however. Spring/Summer?
Do you believe this happens before or after the GSL release? Before or after the spring revenue report.
Hang in until spring if you're able. When the earning report comes out I think this goes nuts.
Your feeling is that there will be no revenue or from the GS or the movies that are in the works? According to you this is a con game of some sort?
I do have to wonder if this all ties in somehow-if there is a one hand washes the other scenario? I hope so-I truly do.
How many advertising slots do we get filled do you think?
What would you bast this on? Curious.
When do you believe this will happen?
As long as there are no convertibles due in Dec we should do ok. I am hoping that we can sustain a run upon the GS release.
No press from TRU that I'm aware of-don't know about the Murphy report, have not heard a word of when it will be released, if ever. Probably better that it doesn't come out, my thoughts are that it's pretty inconsequential as of now. Any info that was gathered is out of date and not pertinent. A lot has changed for the better (hopefully) in the last few months. We wait.
They have a lot of work to do...a lot.
Agreed-it is now very close to 'Go Time". The transparency will have to improve and the communication will need to improve. How many advertisers? How long have they committed? What is the CPM?
I agree with others, this thing will run by early spring at the latest...maybe Dec if things fall into place. How long and how high is a huge question as to this point.
I hope you are correct-absolutely correct. I don't believe a comic-con would be a proper venue for Mr Longo to garner advertisers however. If the advertiser slots were say at 21 or 22, that is still way past the break even point and well into making profit. Anything past that would be great.
Do you remember the weekly total cost of the GSL? I thought about 380k? I think that .02-.04 come dec is a real possibility. The real money comes in the spring, I believe.
Well, I think without a doubt there will be a GS launch. I do get the idea that there is a struggle with the advertising aspect of this. I think that REDG is very committed to the launch date they have set-but we will see what occurs in the weeks after.
They filled 14 slots that we know of, so if we add 6/7 more slots at the CPM 30 that's been averaged out, I think we hit between .02-.04. A nice profit to be had from this share price.
Reading between the lines on the fan/investors page seems as if we are right at 900k. Upon reading the latest recap, does it seem we are low on advertisers?
Yes. That is correct. Thx.
Yup. If they've capped at 1 million I do believe that's a sound business decision. They are maximizing what ever profit they can off the revenue coming in. The advertising slots are going to be huge-man, I hope they filled them all. Wasn't Campitti in charge of getting advertisers up to the time of Mr Powell's investors video? In his recap at the recent comic-con (NY) he said he wasn't sure how the advertising situation was going (paraphrasing)-which sort of got my attention. Anyone remember that chain of events from a few months ago?
I would be disappointed with that number with what's supposedly coming down the pipe. I would think that the coming months should treat us better.
Well, for the first time in a while I sat by the fire last night and had a few bourbon and water's-relaxed and didn't worry about this whole deal. I'm not comfortable being in the hole with this whole thing and I never will be, but I've come to the realization that we are headed for some pretty good things.
I was also caught in the pump and I mean the one in 13, not the wolf pack one a few months ago. As far as being a 'bag holder'....you don't lose what you don't sell.
Only .01-.02? I was thinking we should do better than that come Dec upon the release. We got to .0171 on the WolfPack gig only a few months ago. The whole key to this deal is the number of advertisor spots filled up. If they are filled come the GS release we could see as high as .03-.04
My belief is that the real money comes sometime in the spring.
Be cool-hang tight. You've been here awhile, so have I and many others. I feel your pain-I mean damn-I've been there. Hold till spring in what ever manner you have to. As soon as documented revenues come in this will be will show its true value.
We may get a pop upon the GS release in Dec but real money says we make good in the early spring.
You are kidding-right? Do you really think basher's and shorter's did this? This is the result of convertible notes, ie; toxic debt. This is not unknown to those that have been here awhile. The notes are universally disliked and have been begrudgingly seen as needed to pay for ongoing company operations and have been the subject of much controversy.
For you to pretend they don't exist would be foolish...if you want us to pretend they don't exist, that would be insulting.
Either you live with them and stick this out, or you don't. Pretty simple.
Very good break down of the way this could fall out. Not freaking out just a lot of questions concerning the matter in which direction this may break. The closer we get to the launch date the more scenarios I imagine will be presented and discussed.
I can see two big breaks for us. One of those should be the very day of the launch and the days that follow. As people get their hands on the physical material a lot of questions will be answered at that time and I believe the PPS will rise accordingly.
The other break we get will be the documentation of revenues that will come out in March/April, I believe. That will be the biggest jump in PPS as 'revenues become reality'.
I do agree with SeePalms in that I do not expect to wake up one day and see hundreds of thousands of dollars in my trading account based upon my holdings. I do believe this is still a long hold but not as long as I've been here already. I can see a nice rise in the PPS in Dec leading to a somewhat early Christmas for us. Even then though, if you think about it, to cash out completely then instead of waiting until the documentation of revenue later may be premature.
Not sure I agree with that. If you look at what's on the table currently we have a 900k order from comic shops only, on top of this we have an unknown number from the order w/ TRU. I cannot believe that TRU would order only 100k for their North American operations.
So again, to avoid the sticker shock you have suggested (very reasonable assumption) do they hold the price they charge to advertise at a fixed rate despite the increased cost of production,etc?
It is my hope they have maxed out the advertising slots at the 30 CPM rate that was mentioned. If REDG puts out over a million books let's hope that the associated revenue to REDG is reflected in whatever number we end up at.
Hitting the million does not seem to be an issue at this point. I believe that the biggest question is the advertising base that will fund and then sustain the GSL.
A rocket may have enough power to launch but must also be able to keep flying until it achieves orbit...so in other words there needs to be not only enough money to keep the lights on and the doors open, but to show profit.
Let us say that we put out a number of 1.5 million. Would it be fair to say that while printing, transportation,and other costs would would increase to cover the higher number of books-would that cost come out of a fixed revenue stream?
This is also the way that took his comment as well. This was a shot across the bow to investors and others as a subtle warning to get on board or get left behind. Business negotiations are not done by social media-they are done in meetings, conference calls,with attorneys and while playing golf.
Chuckle. Wouldn't mind getting off this ride-just need it to go a little further down the road.
If I'm not mistaken TRU has 10 days before the launch to pull out of the deal? I'm sure that there is a 10 day window of some sort to be dealt with.
It also seems as if the numbers have changed a bit with the total numbers being more in our favor but with more numbers of books going to comic stores and less to TRU?
Would I be correct in stating that we would hear nothing on the TRU deal until we were inside the 10 day window that was advertised? Are you thinking that the TRU deal is nixed or just changed in some fashion?
If I had to put a finger on it I would say it's probably still fluid in some manner or another.
If the TRU deal fell through it may change the advertiser base in some fashion but again until we hear differently my thoughts are that we are still good with TRU, though the numbers may change.
Fred! You have modified your position! "Positive trends"? My-my, you certainly do not seem to be the Fred of old. Taking a position?
Fruitless to 'read between the lines'...until we hear otherwise we should assume the TRU deal is still in place. Nothing I see tells me differently.
37-thanks for the clarification of your post. As of right now I think we are good in the projected PPS dep't. Honestly, even if it does run in Dec it may not be worth getting 'all out' based upon continued revenue leading to profit and debt elimination. Gonna have to play this very carefully. There is certainly money to be made, but continued patience may be the determining factor between making some money, or much more.
Not bad, but much less than I thought we would get when I got into this going on 2 years ago and definitely not the 1.00 per share Mr Powell has stated.
Still-it would be much better than where we are at now. The news is at last proof positive and the move forward is undeniable. Your numbers seem solid, but I'd split the difference and run somewhere in the middle. Simply hard to believe such a potentially low PPS with as much success as could be enjoyed by REDG. Seems as if it should be higher.
Is that when you see a significant rise in PPS?
Good thing you got that crystal ball of yours-it sure must come in handy at times. No matter what spin has been put on this-no matter how you place the icing on the cake-the prolific use of convertibles were and are a bad idea.
The team is hard working and talented and I'm sure we will do well in the PPS department-but not as well as we could have due to the changed share structure.
We will simply agree to disagree on this. We both know where the other stands on the matter.
Just so you know-I truly believe that a PPS of between .03-.05 is not out of the question before the end of the year. That means I believe REDG will be successful.
He's right. Every run was killed by conversions...every run. As far as there not being a company without convertibles? I disagree. Other forms of funding should have been examined and investigated.
If this company succeeds it will be in spite of the convertible notes not because of them.
My thanks for a very articulate explanation.
The toxic debt has to go-we could have revenue and see no pop in the PPS. Once the debt goes there's no stopping this.
May have found the reason you are critical of REDG? Advocating POWN due to you having a position in this entertainment company?