Replies to post #72121 on Red Giant Entertainment, Inc. (fka REDG)

[rickn23]

It depends on the future business of the company. It can't continue on the same path.

The reverse split should only be done if all the convertible debt and penalties are payed off, first. I would do a 1000:1. Quit the Zwag Box business, unless it's been a huge financial success. Quit trying to publish single issue comics, after the Markiplier series. Quit anything that needs to come out on a fixed schedule. Benny just isn't good at sticking to schedules.

Rebuild the business around PowFolio. Do original digital publishing to PowFolio, there are the GSL stories that can be published. Still publish trade paperbacks. Travel to some big comic cons (New York comic con and Wizard cons, maybe five to ten a year), spreading the word of PowFolio, sell the trade paperbacks and Markiplier poster (maybe get Markiplier to do the road trip also and post videos of them) with one or two artists/writers.

Once the company is financially stable, the company can try to expand again.

It isn't good for shareholders in the short term, but, may keep the company going for the long term for possible movie/TV deals.

[jkp787]

What it comes down to is what number to we pull out so we don't get bit by the R/S. It's going to happen, just what is the magic number... about .0010... more? Less?? Big question. I don't think they have the money to do a R/S for awhile... maybe .0020.