Excited for the future.
I post on here now and then and I have always maintained that we will not see large PPS movement without revenues reflected in a formal financial report. I still believe this to be true, yet big news can move PPS based on the belief that future revenue is more or less guaranteed.
I am very happy with the Toys R Us announcement. I walked Toys R Us this weekend and did not see anything like Red Giant/Giant Size there, so the Giant Size line should stick out on its own, which is good to say the least. We don't know what deal was made to make this happen, yet with the increase in ad space per book, I would say we are likely giving them at cost ad space or discounted ad space as a trade for floor space in their stores.
I am disappointed in several members comments about this deal. Everyone here has been begging for news and updates, they get a hint of news and just complain and argue over what it means. REDG was over $0.20 a share without any revenue around two years ago if memory serves me correctly. We are around $0.002 currently. What do you think this will be with a decent amount of news and revenue, and ultimately profit. Buying in now at $0.002 is a steal as this news shows this company is the so called real deal in the OTC market. They have property rights, real products, connections, and experience in the field. You can't match that nor find it in many other companies in penny land.
I have continued my averaging down since my last post and I plan on continuing it. I think anything under $0.005 is a steal at this point and anything less then $0.01 a good deal considering where this could/should be in December and/or early spring at the latest depending upon the first financial report showing revenue.
To be honest, I am a very long hold and I don't care about price per page with ads. REDG leadership has the background to know what they need to do to make this work regarding this. I have said many times I have not been happy with the communication style of REDG leadership and I continue to say it. I don't care for this stringing along of so called "big" news and then twitter tid-bits that contradict other comments.
We all just need to sit back and wait for the so called "big news.
Good luck and here is to what is going to be a very interesting late summer/fall.
