answering your question
The company has barely any 2009 revenues at all and substantial losses. In the end, all the pomp and ceremony will not attrract Wall Streeters who can see beyond the fact that POWN is a "Story Stock". We know Stan Lee and his reputation are the sizzle. The steak is not there. The balance sheet is not pretty, nor are the monthly losses and complete lack of revenues. Disney movies are far in the offing. Do you know what 2-3 years means to Wall Street? May as well be 100. You may (or may not) think I am being negative but this is why you have a thiry cent stock which trades $500.00 worth of stock some days. Stan Lee gets in front of the media and goes on autosell. Great. When he can bring in projects that generate $1.0 mill in company revenues then someone beyond board posters may begin to care. Meantime, there are no revenues, substantial losses, a non-reporting pink sheet stock listing, zero insitutional stock ownership, an investment banker that has not raised the $3-5 million they said they would, an IR firm which is not aggressive, too many shares outstanding (106 million) for a company with no revenues...and projects hyped that look to generate a couple hundred thousand dollars here and there when they hit and if they are successful. They havent happened yet and they dont negate the losses.
All the above is factual. I dont like it. But its factual. My main gripe is nothing happens fast at POWN. POW! can and may exit 2010 with no stock uplisting and no new investor capital to fund character development, which was promised many months ago. This is the third private placement attempt I personally know of since 2007 or 2008 that has yet to be successful. I have seen financings take as little as 30 days. Good reverse IPOs are done in 30-90 days all the time. No public investors have stepped up to invest their capital. Now why do you think? I get no responses. It's a simple question. No one will address it. Having had extensive relations with IR firms since the mid 1980's, I have my own thoughts about this one so far.
AI
