Genius Brands International Inc (GNUS)

[~MulaGreen~]

Our balance sheet is strong – We have $9.75 million of debt; in excess of $45 million of cash, significant receivables from a diverse array of companies across our industry with strong credit profiles, and low overhead.
Today, Genius Brands has enough cash on our balance sheet to meet our existing obligations and execute on our business plan for at least 60 months, and still fund continuing new production and content acquisitions each year.
Conveniently, last week when one of the short sellers stated we weren’t at the same revenue point as one of our Canadian-based competitors, he neglected to mention that the other company has more than 60 times ($600 million) as much debt as Genius Brands.
We think identifying this omission is important to understanding the whole story.
Finally, to clear up market confusion that we believe has been generated as a result of one short seller’s report, the shelf registration on form S-3 filed on June 4th was related to our capital raise in March 2020. We registered the resale of shares underlying the warrants we issued in March, and the S-3 filing does not in any way represent a new capital raise, nor is it related to recent changes in our stock price.


This is My New Netflix...I Shall Call KidFlix.

The Truth shall Set GNUS PPS Rise!!!
Peace!!!