Genius Brands International Inc (GNUS)

[rickn23]

I'll be keeping my eye on GNUS a little longer. I want to see what happens with the class action lawsuit. I, also, think there might be another smaller run, should the company actually issue a few NFTs. It might be worth buying back in (near cash value)if the share price dips low enough and there isn't an increase in shares outstanding.

GNUS has been overpriced for some time. The 10K should underscore how little revenue GNUS produced shows generate. Andy keeps pushing merchandising revenue out, over the next rainbow (18 months). Then he hops on a new fad to generate revenue (last year streaming, this year NFTs)

I've never been a fan of "content with a purpose" (edutainment). I, also, don't like GNUS concentrating shows for toddlers. I prefer all-age appropriate entertainment, the widest possible audience. I doubt the Kartoon Channel will ever have a large audience, with shows just for toddlers.

I think it is early enough in the NFT fad that GNUS could generate some serious excitement in the stock, should they be able to issue for sale several good NFTs in the next few months. People are willing to pay a lot for what seems otherwise pretty worthless.

It sounds like you did pretty well on GNUS. I hope a lot of others did good as well.