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  4. Red Giant Entertainment Inc. (REDG) Message Board

We already know from the SEC agreement with REDG f

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Post# of 1674
(Total Views: 726)
Posted On: 02/24/2019 12:56:45 PM
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Posted By: AJH92
We already know from the SEC agreement with REDG for the voluntary, temporary delisting that all previously purchased shares will be valid upon relisting and they are currently held as a bond by brokers. Top traders who maintain supplementary spreadsheets to plan anticipated profits will know their exact total holding and be able to pick out the bond number.

As a high volume, full-time trader, I have direct access to management at my broker. I will ascertain from E*Trade over the next few days whether the total is still broken down correctly by date / tax lot / price and confirm that the bond will revert immediately back to REDG in "Account Positions" on the correct basis (rather than averaged) upon notification by FINRA in the Daily List. I will report back here.

In any event, I expect additional .0001s to get bought out by those seeking to control availability of shares by release for profit at much higher prices over time as profits continue to roll in over the coming months and years on Absolute "Universe" lines of development such as "White Widow".

I will start to look out for relisting date confirmation around the last week of April - updated more precisely if REDG updates on the future date when the "60-day after filing" period starts.

In the meantime, I will be on the lookout for all updates from the company and from the Kickstarter site on funds rolling in for White Widow Issue 2.



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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.




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