POW! Entertainment Inc. (fka POWN)

[dognasuds]

This is a developmental stage company.

Of course the financials are going to look disastrous. All developmental stage companies ring up expenses prior to revenues. Is POWN "embarrassed" to show their financials because they have been giving away the farm? Who's to say? But I think that's a stretch.

Typically entities like POWN which license undeveloped ideas, will receive approx. 15-25% of future profits. If the stock offering is successful POWN will have the funds to invest in the initial development of projects itself. By investing in the initial development, POWN is likely to DOUBLE its share of profits. It will also reduce by as much as 75% the time it takes between idea development and project completion.

POWN shouldnt have to give up any farms in the near future.