Replies to post #65327 on Red Giant Entertainment, Inc. (fka REDG)

[Tlsmd]

No, No, No, 'thedocg' I did not at all take your post as a slight. That thought never even entered my mind. All I want, as that TV Policeman used to say, "Are the Facts" That is all . LOL I thoroughly appreciate all the effort you and others on board are doing to bring important information to all on board. We all have one interest, and even those of us, including myself, who every once in a while vent our ire, we still want this company,REDG , to succeed. All the very, very best to you 'thedocg' and also to the many others on board who are contributing to the effort of getting this "ship" sailing in the right direction. Tlsmd

[37thirtyseven37]

Oceana seems to be the only person allowed to take out shares.

I believe I saw only 130k of debt left, and due in December.

Oceana was owed $180k.

Able to take out up to 4.99% at 85% of last 5 day trading share price if market cap is over 2.5mil.

So let's say 581mil was Oceana and he got them all at .0001.

That's ~$60k, $125k is left.

Now that the last 5 day trading average is .0005-.0006. If we can keep it that way, he would only be able to get one last chunk of shares and he would be paid in full.

250mil * .0005 = $125k.

Some longs nearly own 250mil shares. So it's not that big of a deal. Even if he did want to immediately sell all, the new low he would want to sell is $.0005, so it wouldn't drop that much more. And every day we go higher in share price, is less shares Oceana would get if the average is .001 he would only get 125mil.

I would say he might have already taken some at a higher price .0002-.0003 which would mean we are that much closer and he might not have that much left to take to finalize the balance.

Thoughts?