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rickn23

12/24/20 12:16 PM

#9557 RE: derkampfer #9556

I still think revenue for either Q4 2020 or Q1 2021 will be "good" (not sure about profitable) due to re-selling broadcast/streaming rights to Llama Llama season 1. I agree, there may be some run-up going into the 10K report. I would not look for a huge run-up.

I, also, think GNUS is going to have to retract the "debt free" statement Andy keeps making. I emailed the company about it after the LD Micro Event on Dec. 22nd. I haven't heard back from them. The company is carrying debt (PPP loan and borrowing Llama Llama based lending facility), the statement is false/misleading. In one of the press releases/newsletters the CFO put it more correctly, GNUS is "corporate debt" free.

I'm still interested in the financials concerning Kartoon Channel!. I don't know if it will ever be a good business for GNUS.

Good luck and Happy Holidays!