Replies to post #1836 on Genius Brands International Inc (GNUS)

[rickn23]

I didn't read the whole thing, but, I don't think GNUS is selling those shares. I think they did the registration for other shareholders.

"All of the shares of common stock offered hereby are for the account of selling stockholders and consist of 1,647,691 shares issuable upon the exercise of warrants (the “Warrants”). Pursuant to Rule 416 of the Securities Act of 1933, as amended (the “Securities Act”), this registration statement also covers any additional shares of common stock which become issuable by reason of any share dividend, share split, recapitalization or any other similar transaction without receipt of consideration which results in an increase in the number of shares of common stock outstanding."