Replies to post #7304 on Genius Brands International Inc (GNUS)

[cjstocksup]

ARNOLD SCHWARZENEGGER EXPANDS DEAL WITH GENIUS BRANDS INTERNATIONAL
Posted by James Zahn | Jun 15, 2020 | Movies & TV, News |
https://toybook.com/arnold-schwarzenegger-expands-deal-with-genius-brands-international/

[cjstocksup]

The CNUS CEO bought a lot of shares in 2017 and had the big transfer of shares in 2018 and never sold any shares. He owns about 2 million dollars in GNUS! More buys from previous years can be found on the link below.
12/31/2018 Andy Heyward CEO Buy 620,401 $3.12 $1,935,651
10/19/2017 Andy Heyward CEO Buy 8,897 $3.44 $30,605.68
10/17/2017 Andy Heyward CEO Buy 17,200 $3.51 $60,372.00
10/16/2017 Andy Heyward CEO Buy 17,200 $3.68 $63,296.00
10/13/2017 Andy Heyward CEO Buy 25,000 $3.53 $88,250.00
10/12/2017 Andy Heyward CEO Buy 14,700 $3.52 $51,744.00
10/11/2017 Andy Heyward CEO Buy 14,700 $3.51 $51,597.00
10/10/2017 Andy Heyward CEO Buy 900 $3.32 $2,988.00
10/9/2017 Andy Heyward CEO Buy 7,500 $3.39 $25,425.00

https://www.marketbeat.com/stocks/NASDAQ/GNUS/insider-trades/

[cjstocksup]

This is HUGE for GNUS shareholders. 55 million dollars cash on hand and DEBT FREE!
https://finance.yahoo.com/news/genius-brands-international-retire-senior-132010081.html

Genius Brands International to Retire All Senior Secured Convertible Debt

Andy Heyward, Chairman & CEO of Genius Brands, commented, “This is a win-win for all parties. The Company today is debt free and holding $55 million in cash. The Company is uniquely positioned to take steps to build Kartoon Channel! into the pre-eminent childrens’ broadcaster anywhere, and produce, acquire, and license, the most compelling, forward-thinking programming for children today. We are delighted that our existing senior secured debt holders had the confidence in the Company to pre-pay the $4,000,000 Note obligation and to then convert their entire debt into equity right away.