InvestorsHub Logo
icon url

sand

08/09/13 10:42 AM

#9132 RE: SeePalms #9131

it seems there starting with smaller projects which will be debt free and produce income and get there legs under them into larger ones pretty quickly
icon url

imhereforthehaul

08/09/13 11:32 AM

#9135 RE: SeePalms #9131

If you missed that, maybe you missed this interview with Benny a few months ago

Abraham Aboraya
Reporter-
Orlando Business Journal

Whatever you do, don’t call Red Giant Entertainment Inc. a comic book company.
The Clermont-based creator of Web comics is much more than that — it's an intellectual property development company. Red Giant Entertainment (OTCQB: REDG) announced May 1 that its newest title — Katrina — was launched as a Web comic and, eventually, a film.
I spoke with Benny Powell, CEO of Red Giant, to get an update on the company, which had profits of $30,399 in its last quarter. Here’s a hint on why you should keep reading: Potential Tesla movie?
Question: So do you guys plan to continue developing titles both as comic book properties and films?
Answer: The short answer is yes. Basically, our whole deal is every one of our properties, we look at as a trans-media property. So whether it's film or television or animated or live action, we look at each property and see what makes sense. And Katrina was always developed with thoughts of a movie.
Question: So how does that concurrent development help?
Answer: One of the best parts is when you do a comic book. It’s in a sense doing a test screening. You can not only build a following, but you can see what works, what works visually, what do people respond to. If you take it to a movie, the story-boarding is done as well as a lot of the trial and error in the script writing process.
Question: On the $5 million line of equity, will that help to finance what we were talking about before, as far as the hiring and warehousing space and the like?
Answer: Possibly. It all depends. There are many ways to skin the financing cat, but we weren’t looking to sell stock and stuff like that and do things that would adversely affect the company. We just started hiring more people, mostly still remote, but as you know, we need local personnel as well as the space. I go and pick up about eight tons of books at the end of this week or early next week. Storage space is going to be necessary very shortly.
Question: So are any other Red Giant properties close to becoming movies?
Answer: Tesla is another product on the short list. We’ve gotten a lot of interest from Hollywood. It’s Nikola Tesla and his sidekick Mark Twain battling the evil forces of Thomas Edison and the Illuminati. It takes a lot of what Tesla really did and puts a little science fiction/action spin to him, this really enigmatic character that a lot of people aren’t really familiar with. Which is a shame because we owe so much of what is in our daily lives to this brilliant man who was the template for Tony Stark, for Iron Man.
Question: What else is coming down the pike?
Answer: We’re working on tons of other big stuff. I’m more of a show-don’t-tell person if I can help it. The one thing I will say is when we’re making an announcement, we’re not making a pie in the sky here’s what we might do announcement.