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Sunday, 07/20/2014 2:11:16 PM

Sunday, July 20, 2014 2:11:16 PM

Post# of 78243
8K Question

I read the 8K another member posted and I have a few questions.

8K-Link

If you read it. It appears REDG is paying for everything. It appears that REDG traded distribution access for everything. It says REDG is responsible for everything and it reads that the TRU version of the Giant Line will have a custom TRU cover and one page TRU advertisement that is just given to TRU. If REDG wants shopping bags, co-branding, etc, it is again all done by REDG with TRU marketing approval. Am I reading this wrong?

Don't get me wrong as I stated in a previous post, we were probably trading for this type of access when everyone else was counting potential revenue. I am still very excited as this is the ground floor into a major retailer and it just means exposure, yet at what cost? It also gives us the ability to advertise within TRU in multiple facets as our product line grows.

I am just wondering if this is another reason for the toxic debt funding we keep seeing. REDG is picking up the tab for everything for free access, planning on throwing it into the market, and hope it works out.

Come-On BIG news!!! I think we will see it just before the start of Comic-Con so the buzz is fresh and sparks booth traffic.

One good thing out of the 8K is the fact that now in black and white REDG must deliver the Giant Size line in November to TRU, no options or delays. So that should be in stone. I think we see revenue this fall and profit in the spring.

Any thoughts?

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