Murphy Report:
The report was well done, yet I don't see what took the time it took to write. I would call it a good review of our current place in time... yet also had a lot of gaps.
I read official reports all the time of all types, so I see when people put things in under the table. Such as this one...
"There is no guarantee that REDG will generate enough revenues from selling advertising space on its Keenspot websites or in the Giant-Size line to either (i) recoup the expenses incurred in producing such products; or (ii) make such products profitable without considering their potential contribution to any profits made through the sale of the Collected line."
In addition to this, the list of issues REDG has on page 24 of 25...
Now, looking at their projected PPS, it is right on what many of us on here have projected. Granted I know it says they are not projecting in the report, yet with the dilution of the stock and with more to come as Benny has said, the potential price has gone down a lot since I first bought in 2013 and it makes the potential runs in PPS a lot less as well.
With all this said, the video and partnership that REDG is supposed to announce tomorrow has to answer the quoted paragraph and the list of issues on page 24 of the report.
I hope they issued it today as an excuse, that if they waited they would have had to redo everything based on tomorrow's announcement... Fingers crossed...
Either way, the report didn't list anything we didn't already know. It didn't give us hard financials such as what TRU is paying CPM, etc... So, I can't say the report was worth the wait. I would call it a good review of our current place in time. However it "could" be completely out of date following the announcement(s) tomorrow.....
I am hoping to see a solid partnership tomorrow that buys up the majority of the GSL ad space fro a contracted period of time. I hope this is the case as I think once again lack of advertisers is what delayed it, again...
Just my thoughts... Still Loooooong Here.....
Any thoughts welcome...
Penny_Island
