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Re: Bob Kieck post# 10224

Monday, 02/13/2023 4:16:17 PM

Monday, February 13, 2023 4:16:17 PM

Post# of 10271
I'm guessing it hit its lows today. it should march back up as GNUS approaches the 10-day compliance requirement. with the severe drop I would expect short sellers to start covering. Who knows what other news GNUS has been holding back.

$2 to $4 is probably around fair value, +/- cash (minus debt). GNUS's ownership of WOW Unlimited Media is where most of the value is.

Drops like this are usually the result of expected dilution. The authorized shares were split-adjusted down to 40 million, so no near-term danger of mass dilution.
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