Replies to post #17027 on Red Giant Entertainment, Inc. (fka REDG)

[Nadendla]

Why did you assume that it is dilution?..There is NO dilution..rather the company is buying back shares..and REDG board is holding all theirs..please read this..

https://www.facebook.com/RedGiantEntertainment?ref=ts&fref=ts

Quick explanation on the share authorized increase. It does NOT mean we will be issuing that number of stocks. It has to do with the necessity of finance to hold immense number of reserves for authorized shares. For instance if someone does 50K they want over 150 million shares HELD. Does not mean they will EVER convert that large number of shares, especially as stock price goes up. MOST IMPORTANTLY, this was necessary given current price to cover the equity line S1 registration, which is necessary to cover our free book line (ergo, revenue). We have no intention of ever converting the full amount authorized or anywhere near that amount.

Here is the share buy back link..

June 25, 2013..Red Giant Entertainment to Initiate Corporate Stock Buyback Program..The repurchase plan will commence immediately and is expected to be active between six and 12 months..

http://www.marketwired.com/press-release/red-giant-entertainment-to-initiate-corporate-stock-buyback-program-otcqb-redg-1805220.htm




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