Debunking nonsense on iHub from the usual suspects
Post# of 1674
Posted On: 07/03/2016 9:39:50 PM
Debunking nonsense on iHub from the usual suspects.
Predictably, the usual suspects who bash $REDG on iHub have been coming out of the woodwork over the past 2 days since 1.505 Billion was traded at .0001 on Friday.
One of them was boasting that he picked up 40M shares at .0001 and would be flipping them at .0002. He then claimed $REDG would never see .0003 again - a particularly stupid comment as, if that was even a remote possibility, nobody would be buying his at .0002. It also indicates that, as suspected, he is not a serious player in the OTC market - taking a $4K profit when a multiple 6 or 7-figure profit could be had with that number of shares for those that are patient.
The other main basher claims not to have any shares yet opines that $REDG will not see .0010 as this would represent a market cap of $7.5M.
In fact, there is every possibility that ZWAG Box alone could be worth 2-3 times that in a full year. Those who have been following my DD posted here will remember the similar Canadian monthly surprise box subscription service aimed at the geek market which was valued at $20M after it's first year, proving that the high cost of overseas shipping was not a particularly detracting factor.
http://business.financialpost.com/entrepreneu...-suppliers
In addition, that business did not have the initial boost that ZWAG Box is getting whereby the first 4 issues - July to November 2016 - will include a copy of the Markiplier mini-series comics with a unique foil cover that is exclusive to ZWAG Box. When Markiplier promoted this product 2 weeks ago on June 20, his video had over 1M views in the first 24 hours. That video has now had 2.1M views. Markiplier has also been promoting ZWAG Box and posters on Facebook and Twitter.
https://www.youtube.com/watch?v=e6GcM-46wkA#t=2m32s
Markiplier is expected to have 14M followers on You Tube by San Diego Comic Con.
There will only be 10,000 ZWAG Box available in July at $19.97. As Markiplier is expected to have around 14M subscribers on You Tube by then, only 10/14 of 1% of his fans would need to buy one for the entire $200K's worth to be sold out.
In addition, there are the following revenue streams:
Markiplier mini-series comics sold via comic shops.
Markiplier dealer incentive special edition mini-series comics sold via comic shops (which collectors will buy).
POWFolio comic reading app - now available in iPhone/iPad and Android versions - which has had rave reviews, is available world-wide, has numerous publishers adding content daily, and earns revenue from network provided, cookie selected ads at no cost to $REDG (as on You Tube from which Markiplier earns $800K per month from his channel - so that gives an indication how lucrative the ads can be).
Markiplier posters - at $19.99 - of the mini-series comic cover art work. Already available for pre-ordering so that fans who will meet Markiplier during San Diego Comic Con - 10,000s of them - can get them signed.
So going forward, $REDG should - by the end-of 2016 - be able to provide financial results showing revenues in the multi-$Ms. Whatever some people may claim, it is not possible to state categorically that convertible debt selling will continue to be an ongoing issue in the short term and, clearly, in the longer term it can be bought out and there could also be a company share buyback and share count reduction. As always, there is no substitute for actually watching every trade and trying to deduce what is going on.
One thing is certain, hedge funds, institutions, market makers or a group of individuals bought 1.505M shares for a reason on Friday - and that reason was not to sell for a paltry 1-tick profit - as evidenced by only 82M being added to the ask at .0002 - and 40M of that coming from one individual who isn't a very good trader.
My strategy remains unchanged - retaining all my .0001s and .0002s as free shares - paid for by past significant multiple 5-figure profits from runs by $REDG to the .0035>.02 range over the past 4 years - for the eventual run up on 2016 and / or 2017 financials, and also selling higher price buys when they have earned 200%>1000% from each individual buy point.
I do not believe that there will be a reverse split anytime soon - certainly not before there has been a run to at least the .0011>.0020 area - either around San Diego Comic Con or when initial financial results are released from ZWAG Box sales and merchandise sales at Comic Con in 3Q or 4Q.
If a reverse split does take place eventually, those holding a large share count (50M/100M) should in my opinion do OK (based on a few recent examples in 2016).
All the above is just my opinion. I have never sold any $REDG at a loss and anyone who has is just impatient and only have themselves to blame. $REDG is not your average quick flip stock in the .000x>.0010 area and it is certainly not for those who don't understand all the relevant factors.
Exciting times in the days, weeks and months ahead.
Predictably, the usual suspects who bash $REDG on iHub have been coming out of the woodwork over the past 2 days since 1.505 Billion was traded at .0001 on Friday.
One of them was boasting that he picked up 40M shares at .0001 and would be flipping them at .0002. He then claimed $REDG would never see .0003 again - a particularly stupid comment as, if that was even a remote possibility, nobody would be buying his at .0002. It also indicates that, as suspected, he is not a serious player in the OTC market - taking a $4K profit when a multiple 6 or 7-figure profit could be had with that number of shares for those that are patient.
The other main basher claims not to have any shares yet opines that $REDG will not see .0010 as this would represent a market cap of $7.5M.
In fact, there is every possibility that ZWAG Box alone could be worth 2-3 times that in a full year. Those who have been following my DD posted here will remember the similar Canadian monthly surprise box subscription service aimed at the geek market which was valued at $20M after it's first year, proving that the high cost of overseas shipping was not a particularly detracting factor.
http://business.financialpost.com/entrepreneu...-suppliers
In addition, that business did not have the initial boost that ZWAG Box is getting whereby the first 4 issues - July to November 2016 - will include a copy of the Markiplier mini-series comics with a unique foil cover that is exclusive to ZWAG Box. When Markiplier promoted this product 2 weeks ago on June 20, his video had over 1M views in the first 24 hours. That video has now had 2.1M views. Markiplier has also been promoting ZWAG Box and posters on Facebook and Twitter.
https://www.youtube.com/watch?v=e6GcM-46wkA#t=2m32s
Markiplier is expected to have 14M followers on You Tube by San Diego Comic Con.
There will only be 10,000 ZWAG Box available in July at $19.97. As Markiplier is expected to have around 14M subscribers on You Tube by then, only 10/14 of 1% of his fans would need to buy one for the entire $200K's worth to be sold out.
In addition, there are the following revenue streams:
Markiplier mini-series comics sold via comic shops.
Markiplier dealer incentive special edition mini-series comics sold via comic shops (which collectors will buy).
POWFolio comic reading app - now available in iPhone/iPad and Android versions - which has had rave reviews, is available world-wide, has numerous publishers adding content daily, and earns revenue from network provided, cookie selected ads at no cost to $REDG (as on You Tube from which Markiplier earns $800K per month from his channel - so that gives an indication how lucrative the ads can be).
Markiplier posters - at $19.99 - of the mini-series comic cover art work. Already available for pre-ordering so that fans who will meet Markiplier during San Diego Comic Con - 10,000s of them - can get them signed.
So going forward, $REDG should - by the end-of 2016 - be able to provide financial results showing revenues in the multi-$Ms. Whatever some people may claim, it is not possible to state categorically that convertible debt selling will continue to be an ongoing issue in the short term and, clearly, in the longer term it can be bought out and there could also be a company share buyback and share count reduction. As always, there is no substitute for actually watching every trade and trying to deduce what is going on.
One thing is certain, hedge funds, institutions, market makers or a group of individuals bought 1.505M shares for a reason on Friday - and that reason was not to sell for a paltry 1-tick profit - as evidenced by only 82M being added to the ask at .0002 - and 40M of that coming from one individual who isn't a very good trader.
My strategy remains unchanged - retaining all my .0001s and .0002s as free shares - paid for by past significant multiple 5-figure profits from runs by $REDG to the .0035>.02 range over the past 4 years - for the eventual run up on 2016 and / or 2017 financials, and also selling higher price buys when they have earned 200%>1000% from each individual buy point.
I do not believe that there will be a reverse split anytime soon - certainly not before there has been a run to at least the .0011>.0020 area - either around San Diego Comic Con or when initial financial results are released from ZWAG Box sales and merchandise sales at Comic Con in 3Q or 4Q.
If a reverse split does take place eventually, those holding a large share count (50M/100M) should in my opinion do OK (based on a few recent examples in 2016).
All the above is just my opinion. I have never sold any $REDG at a loss and anyone who has is just impatient and only have themselves to blame. $REDG is not your average quick flip stock in the .000x>.0010 area and it is certainly not for those who don't understand all the relevant factors.
Exciting times in the days, weeks and months ahead.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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