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TradeasaurusRex

01/19/14 8:45 PM

#12555 RE: SeePalms #12554

10Q + debt = train wreck (in my opinion) Talent does not equal $... yet... and it may not if things continue. What does that mean? They have assembled fantastic talent to produce comics which may never meet the market. That is factual. It may not happen. If it does not happen, all is lost. Open your eyes my young Jersey friend. Your in college still? Your investment is huge to you, and you may lose it all. As DMAC said, only bet (invest) what you can lose. Can you afford this not happening? Is that thought (losing everything) clouding your decisions, thoughts, etc? In my opinion the decisions to finance this through toxic lending coupled with the history of failure to produce (delays included) make this a train wreck. Can a miracle happen? Maybe. But don't kid yourself, it's not likely. Saying this is a train wreck is an opinion based in fact. 10Q, past performance,debt, growing operating cost, lack of revenue, toxic lending, unavoidable dilution, etc. Saying this is a gold mine waiting to happen is equaly an opinion but based on hope, hope talent will produce (Japan Needs heroes), hope the company is honest ( Lin Pictures, 5 million credit line, Last Blood already financed, Magika completing post production, etc.) Think about it kid, your more likely to learn a valuable lesson than hit the get rich quick lottery. But f-it. I am here with you. You're saying this will happen(opinion) and me saying this is a train wreck with a ghost chance of happening (opinion) have the same ending. I am just voicing my realistic assessment of the situation. You're voicing your hopes on the make believe possibilities and hope. Good luck to us both. I will be fine if this collapses tomorrow, pissed, but fine.