Its seems that your predictions of May and June changed again. I don´t really know about that PPS you are refering to, but one thing I am sure about is this:
"... In esence, Disney bought a participation in the ownership of our future creations. In return, the contract between us provides sufficeint contribution to cover our basic overhead cost which should result in any revenues going directly to the bottom line. As such POW! has no futher need for financing in order to maintain to its daily activities for years to come. But we haven´t stopped there. We are currently have under consideration a development financing package in which, rather than our seeking development from studios, for which we give up a large share of the profits, we will do our own developing, thereby negotiating on a much more favorable basis with the studios"
I don´t think that the painful month you are refering to, were for this PPS, but the perfect excuse to down and do profits before starting on the new leg to see dollars.
The PPS is not specially relevant to us shareholders or at least to me, meanwhile we are waiting the Blaze, N.Rakchet and Tigress movies coming from POW! & W Disney