Your question about the share price. I can give you my opinion, but many may differ.
The SPIKE web site does not seem to be promoting Reality Racing as they do other shows. I mean, Bull Run is over and it still flashes on the screen. If you look at the list of shows, Reality Racing is not included (the last time I looked). Unless some people saw the promos, or accidentially
fell into the show today, they did not watch The Rookie Challenge, because they did not know about it. When SPIKE decides to promote the show, more people will watch, and more people will go to the website. Kids do not invest money, but their dads and moms do...
My view is as the show progresses week to week more people will tune in. You could miss a show and not really miss anything right now. The later shows should be very exciting and should have a great audience.
The more people who watch, the more people who go to the website, the more people find out this is a publicly traded company, the higher the price goes. On Monday we could remain stagnant. On the other hand, there may have been investors waiting for the first show to air, as the share price is so low, they will be able to buy in on Monday. I don't know.
The big money will/might come if new partnerships are announced, or if someone comes along and buys the program and the concept. This could happen any time, but my guess would be after the season is over. For some, this is a long term investment, and not a flip while it is in the pennies.
The last equation is if more shares are issued. I hope that does not happen for months, but the shares have been authorized. To issue them when the stock price is below a buck does not make sense, but then again, will the stock hit a buck? It's all up in the air.
That's only my opinion, and I could be very wrong.
Scotch
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