Superhuman strength is something people dream of and only ever witness in the cinemas watching such heroic blockbuster films like Spider-Man, The Incredible Hulk, X-Men, The Fantastic Four, Iron Man, Daredevil, Silver Surfer and Dr. Strange. Well, the guy who co-created all of those, Stan Lee, also happens to be the Chairman of the Board, Chief Creative Officer and Director of POW! Entertainment, Inc. (POWN). While the superhuman creations on paper have been less than applicable to the penny stock for the course of 2012, toady’s plethora of alerts highlighting Disney’s indirect involvement sine 2009 is bound to have a super-powered boost to POWN stock — at least for today.
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POWN Stock Chart
Market Cap: 5.32M
Close: 0.04 ▲ 0.005 (14.29%)
Dollar Volume: $7,300
Average Trade Size: 1,428
Issued and Outstanding: 133,107,356
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The hugeness of POWN stock is pretty much threefold. 1) POW! Entertainment is basically a holding Company of Stan Lee’s image. He get’s $1 million salary on top of any money paid to make appearances which they hadn’t had any of as of September 30, 2012. 2) Catalyst Investments, LLC, c/o The Walt Disney Company (NYSE: DIS), has owned 13,172,153 shares, 9.8 % of the POWN stock outstanding, since the Company registered its stock two years ago. 3) With the insiders and Catalyst Investments, collectively they owned 100,881,923 shares as of December 31, 2011. Translation: The float is just 32.23 million.
Beyond those three points, there isn’t much to negatively or positively comment on the status of POW! Entertainment. They have a contract with Silver Creek Pictures, an affiliate of The Walt Disney Company, calls for per annum payments of nonrecoupable overhead allowance of $700,000 and nonrecoupable consulting services for Stan Lee of $1,250,000. Stan Lee’s annual salary takes almost all of that consulting money while the Company seeks to increase the revenue numbers through artist consulting, film rights, animated television and comic-book royalties.
POW did successfully launch its mobile application game, Verticus, ahead of schedule. It’s the Company’s first game for iPhone, iPad and iPod touch, available on the App Store, and was developed by Dallas-based Controlled Chaos Media. While the game puts players in control of a superhero that must save the Earth from destruction at the hands of an evil alien race known as the Obliterators, traders are hoping today that putting POWN stock in their portfolios will have super stock powers and, in unison, save the Diluters from being able to sump too much stock on to them thus reversing the trend the shares have followed since mid February.
About POWN Stock
POW! Entertainment, Inc. is a multimedia production and licensing company that creates and licenses animated and live-action fantasy and superhero entertainment content and merchandise, leveraging the creative output and branded image of Stan Lee. Click here to view the SEC filings for POWN.
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Bottom Line: Everyone who trades penny stocks knows about POWN today and will surely have it on the top of their “to trade, or not to trade” list. Being that the year has not been a good one for POWN stock, today is redemption day and super buying against super selling will eventually prove which force controls the pace, the bid whackers or the ask slappers.
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