Replies to post #75645 on Red Giant Entertainment, Inc. (fka REDG)

[Stocktacular]

I am around .00045 so for me the stock would have to reach 45 cents a share to break even. Let's say the stock hit that it would also technically make the Board's preferred shares which can be converted to 4 billion common shares worth $1,800,000,000 dollars. Now let's say the stock holds at ten cents post split for a while and we are both still losing well over 50% of our investment the Board's convertible shares would technically be worth $400,000,000. Will the stock as currently designed post reverse split be worth $400,000,000 with little or no revenue,no profit,toxic debt,Zwag Box problems,cost of operating, etc. etc.? Obviously not. So right now there is massive downward pressure building on the stock as soon as the post split price of ten cents hits the market and our remaining investment is in severe jeopardy. The Board is, however, well protected with their possible 4 billion convertible common shares. To be fair to all stockholders and not just the Board they have to drastically reduce the amount of convertible common shares so the stock at ten cents will be more likely to hold that price and rise rather than quickly tank as they move to expand the business.