Some perspective to think about:
In Nov. POWfolio was announced and had to wait until May for release and all the while REDG had ZERO going for it - nothing but the negative comments due to the failed GSL launch. On top of that it had the Oceana Settlement that was brought up numerous times which lead to R/S spilt is imminent talk, the death spiral talk, etc... Well, in Jan large debt sells started and continued off and on. The O/S stayed at just under 6 billion.
Markiplier Comic series gets a big plug in March.
POWfolio topic was still negative and 'not going to happen'. Then in early April it comes out in BETA form. Still some here didn't think it would release and it did on Free Comic Book Day.
But, even before the full release, ZWAGbox get's announced and starts taking subscription orders.
So, three revenue streams were put into play when in retrospect REDG had zero revenue streams at the start of this year.
Now, for the last 3 months POWfolio has continued to be the top or one of the top comic book apps in the app store free books - depending on the day, but most often the top. It is world wide and Appannie analytics shows it has been ranked in the top 1000 in books in 75 countries around the world; top 500 in 64; top 100 in 31; top 10 in 1; and top 5 in 1 - all for the iOS version and started getting the rankings within a couple week of release.
This REDG product is getting buried by all the negative content here due to the delay of ZWAGbox. I look at it as a delay - is it great no, do I wish it didn't happen, yes. At this point we go by best information, and that is REDG is expected to be shipping as soon as these t-shirts arrive at medallion to ship out. Whether it is a shirt or not is irrelevant because either way it's a delay - doesn't matter what it is, it just needs to get shipping.
But as we wait for that revenue generating product - POWfolio is still being used throughout the world in 75 countries!!! Do I wish we would see a finanical - absolutely, but in the mean time, anyone here can download a product that REDG co-owns and continues to update on a daily basis with new content. In a short time will have the other two. And did people notice you can purchase directly with through Amazon in POWfolio? Some don't think this matters, but when you have an app in 75 countries and people are able to use it - it is getting revenues generated and in some places the extra kick back revenue from Amazon is also happening.
It will take some momentum to get it moving, but it is not going to take much in my opinion once ZWAGboxes start arriving in homes and Markiplier comic is on the shelves.
OH and also the fact the next POWfolio update for Android will have more to it.
This stock was dead in Jan if I remember correctly based on how some were talking on here, and yet here we are!
Good luck everyone and have a good weekend, thedocg
