Stevo, I agree. True, REDG has a lot of irons in the fire, yet we have not been told what those deals entail or potential revenues from them. Media companies, especially when they are small or starting out, will sign onto projects just to get their name out there. They may be on-board with a project, yet not receive any revenue or very little. This is part of building a small business. Again, I think the past issues with the financials and debt are what have created the current environment that good news doesn't seem to be able to move the share price.
I further agree with the group, that a lot of penny stocks don't have products etc, yet that is a major problem here, you can't compare penny stocks. You can for short term pumps, yet not long term business plans. You have to evaluate on the merits of the individual company and its short and long term goals/strategies. If we say look at the comparisons, then say we have a new model nobody else has for revenue, how can you compare? You can't.....
Again, I support REDG and believe it will be successful, yet this $1.00 talk within a year I believe is stretching it and just pumping. I wish it would happen so I could retire, yet I again think it is all tied to positive revenue over the course of one to two financial reports from now showing initial revenue from the comics, then a second showing sustained advertising revenue/support.
Again, until we see real hard revenue aka black and detailed investor information released by management for each deal (what are we going to see from it revenue wise) its just smoke/news.
Go REDG!!!!!
I am driving an hour this morning to pick-up a few free comics for my own hands on research.
