While I have been an pretty big believer in REDG, we might have to start listening to some of these people. Think about the 1.8 BILLION shares that have been thrown into the equation in just the past 6 or 7 months, when management maybe should have just sold 1 or 200 million shares early last year to pay for all of this.
Ive also heard look for the big drop in derivative liabilities, which im not seeing. I understood that the fcbd revenues most likely net90 similar to keenspot advertising revs. so show we may see them on the next report. From which we could assume not show GSL revs on paper until April 15 report. We wouldnt be seeing any cash flow until jan/feb of 15.
Where does that leave us until then? Unless something more than a POTENTIAL mobile app pops up soon idk where money to keep running is going to come from. Hopefully last blood gets the backers they need at this festival to finish what ever they need to, but thats still months till anything is complete.