Freeze Tag Inc (FRZT)

[wallstreet1231]

Let's take a look at the big picture.

. There has been zero meaningful news, updates, status etc of Garfield Go. Based on Q1 2018 revenue, which included both FRZT and Munzee, was down year over year/same period even though Q1 2017 included only Munzee revenue. Either: a)revenue from FRZT in Q1 2018 was minimal, if any and or 2) Munzee revenue was down year over year. Neither of these scenarios is positive.

. Garfield Go, the flagship as identified by FRZT, appears to be stuck in what I can only guess as Beta markets. It apparently hasn't been rolled out to other markets - like China etc. Why??? My guess is that the product in selected markets hasn't done well.

. Now FRZT promotes stickers for a 40th birthday celebration for Garfield. His 40th birthday will be talked about for what - maybe 30-60 days then its off the radar - history. Doubt anyone will care about stickers celebrating Garfield's birthday 60 days from now. Then what???


Management, what the heck is going on here. How about enlightening shareholders.

My opinions as always.