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Ragsy

06/26/14 7:48 PM

#23860 RE: SeePalms #23858

Brother, I was thinking the same exact thing today.

But consider this: I found articles using Red Giant Media (along with intrinsic) dating all the way back to 2009!

-ON WATCH-

06/26/14 7:57 PM

#23861 RE: SeePalms #23858

Not a bad guess palmach! Seems it would make sense. Thanks for putting that out there.

Magik007

06/26/14 7:57 PM

#23862 RE: SeePalms #23858

Palmach...this is a sound thought process indeed. I think Coop had the same idea too in bringing in all four (4) "strategic partners" under one roof. I know that "Glass House Graphics" is looking at redoing their site and Benny mentioned redoing the Red Giant site in last month's teleconference. Bringing all together would make sense...

There is something appealing about this big red fireball we know as REDG. Seems like they are knocking down some doors lately.

rickn23

06/26/14 8:10 PM

#23865 RE: SeePalms #23858

I think that is a plausible explanation.

I'm not a shareholder, but if I were, I don't think I would like it. REDG, doesn't have the cash flow to pay the expenses of a film company. An expensive NY adress, REDG is in Florida, Hollywood is in California. I'm not sure how this works.

I would especially hate to see that they took on convertible debt to pay cash for it, unless it is a "cash cow" z(but then it doesn't make sense to sell it to REDG).