I'm still hopeful that the Studioplex can be built and FUNDED without having to issue 5 billion shares... However, the 8K that was posted has specific payments due to contractors and suppliers and they will need to be paid on time. I believe that the fact that Manu still hasn't told people how he intends to finance the studioplex other than releasing the movie "Yellow" is one reason so many people bailed...
That, and the fact that the 5 billion shares are now in the authorized, has a lot of people scratching their heads..
Once again, I am not bashing the stock, the company, the management, or the plans for the studioplex, I just think that Manu needs to understand the penny stock market better... It's a "show me the money" kind of market, and the investors there, are not usually the going to wait 3 years for a return, kind of investors, because in many penny plays... the companies are essentially out of business in a year or two, or they have changed the business plan are are now in a "hot" sector... That's the reality that Manu has to live with... I wish him and all investors here the best.
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