Red Giant Entertainment, Inc. (fka REDG)

[thedocg]

REDG's co-owned POWfolio currently contains 42 publishers (23 Golden Age and 19 Modern). A new publisher to Golden was just added today, Fox Feature Syndicate, and continues to show the progression of POWfolio. Red Giant still adds hundreds of issues on a daily basis.

I know this type of news is not intriguing or important for some as it tends to not do much for our pps at the present moment. But what it does show is the continued progress of POWfolio as a revenue generating product. As I stated in an earlier post - it is just now a month old and it has sustained a #1 comic app rating in the free books category in the app store for two weeks straight. They continue to add to the product line on a regular basis and as their last tweet stated "stay tuned" because they are truly building an incredible platform for comic readers. That platform, as we progress is only going to grow and get bigger in my opinion. With growth comes larger sustained revenues. REDG has never had this much product at these levels all out at once. Now it is only a matter of time to truly see the impact these products have on the balance sheet.

Looking forward to those events next month! thedocg.