POW! Entertainment Inc. (fka POWN)

[dognasuds]

Form 211 for uplisting has not been filed. I was told Friday to wait 30-60 days, which sounds like the plan is for the private placement to be sealed and in the books before they file for uplisting.

I hope no one bought stock at $.85 cents. Turns out that was a gross overvaluation in the face of a company stock sale. It's too bad things turn out this way more often than not in pink sheet stocks. The short term pain of an offering revalues company lower than where the stock was trading. If the company does good things wth the money, this last month will be a forgotten-about painful chapter. But riding the stock all the way down as we believers have done is not fun no matter how you spin it. We have taken a 50% haircut in 2 weeks. Personally, I havent traded a share. I just believe the upside is beyond the $.87 cent high the stock just put in.