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Re: moneym8ker post# 10056

Wednesday, 10/27/2021 6:49:23 PM

Wednesday, October 27, 2021 6:49:23 PM

Post# of 10271
I don't know if it makes sense or not for GNUS. Andy Heyward is a GNUS shareholder and he seems to like the deal.

I think it would have made more sense for GNUS to make an offer on WOW last year, before it started turning a profit and was trading near $0.30 per share.

Purchasing an animation studio is an acquisition that I thought GNUS should do, when Andy was saying GNUS would make accretive acquisitions. GNUS has the cash to fund animated movies/series based on the IP GNUS has. Owning the studio gives them more control on the production timing.





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