Genius Brands International Inc (GNUS)

[jugs]

For a half year or more I stated here I was expecting to buy back in at $0.75 but I didn't really want to see shares drop that hard.

Today I'm afraid shares will start off with a 15% drop on the heels of non-existent earnings, enormous dilution, warrants coming home to roost and an awful lot of BS.

I am so sorry for those who got swept up in this. A good deal of the problem I believe is that investors move into position too early. I do believe there is a place for the company, perhaps just not yet.

Anyhow, my condolences to all who have kept the faith, albeit without full justification. I've been a bagholder in other stock picks, too many to want to name any. But I guess it's part of the training we all get and have to eventually accept as our training program.

Good luck to all.