Genius Brands International Inc (GNUS)

[rickn23]

No, it isn't just good news going forward.

GNUS probably doesn't have much revenue for Q2 (ends at the end of June). There will probably be a loss on operations.

On top of operational losses are the, probably huge, non cash charges due to stock sales, warrant conversions, and the convertible debt pay-off.

The operations loss wouldn't be too bad, but, I think there will be a lot of people that won't understand the losses due to the non-cash charges. Those people may decide to sell off.

Q2 earnings report should be released around August 15th.

Also, GNUS/Andy has not released any metrics on Kartoon Channel app adoption. I'm guessing it is really low.