Replies to post #32396 on POW! Entertainment Inc. (fka POWN)

[New Doctor]

No it cannot "easily" go to $1. This is a vanity shell. They are stopping SEC filings which confirm that this is a shell and the owners know that real investors do not invest in these shells anymore. This is not 1995, it is 2017. The age of the shell is long over. POWN is essentially worthless. Stan should have his feet put to the fire, call a real investment banker like Goldman Sachs and have it listed on the New York Stock Exchange. But no, he and they sit there and do nothing. SO, they no longer care and neither should you. Yes, Stan is smart. He is smart enough to know he has earned his money from legitimate sources and certainly does not want to enhance his vanity shell. This is a holdover shell from the 90s and It is amazing that Stan even still owns it. Then again, if there are no SEC filings one has to ask if Stan is even still involved or will he be involved in the near future? This stock shell will never see $1 unless they go the Goldman Sachs or other real investment banker and real stock exchange route. It is dead and almost buried.

[rickn23]

There are approximately 132.36 million shares outstanding (Number of common shares outstanding at December 31, 2015 was 132,357,356.). Insiders control about 80.57 million shares. The rest including the ones owned by the Lieberman Estate are in the float.

POWN doesn't have Disney funding them anymore ans hasn't generated enough revenue to keep funding full operations. I assume that suspending SEC filing is just one of the cutbacks.

I think most of the money POWN invests in projects goes to POWN management, helping to promote Stan Lee, instead of building the business. It's consistent with the way Stan has always operated.

I own a few million shares with a cost basis around 10 cents. Although, I took my initial capital out in 2010, after Disney bought in, and the share price took off. I also traded shares bringing up my cost basis.

It's a penny stock and a gamble, not an investment.

When it comes to POWN, I doubt Stan Lee or Gill Champion will ever get their act together. They haven't yet.