The “Japan needs Heroes” creator, Red Giant Entertainment, Inc. (OTC: REDG), finally kicked off today with some traders its going to be the pick of Penny Stock Heores come Thursday. Shares had not seen any activity above 10,000 shares until this afternoon when the gates were opened and REDG stock came gushing out. While ties to some prominent APS and VM figures in the past have been made, our initial coverage in 2012 of the Company and its CEO, Benny Powell, uncovered a heart warming story line and reason to watch the stock on Thursday.
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REDG Stock Quote
Market Cap: 43.49M
Last: 0.10 (▼ -0.10 (-50.00%)
Dollar Volume: $434,663
Issued and Outstanding: 434,922,000
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Benny’s Red Giant Entertainment is already in the money. Booking revenues, $105,937 worth for the three months ended November 30, 2012, and managing to pencil in gross profits on that of just over 50%, $58,463, REDG stock has some major swag to it already with net income of $32,443 for the most recent quarter – all of which was processed through the Company’s Paypal Account and Project Wonderful account.
Basically, Red Giant makes their money three-fold: Advertising, Publishing and Creative Services.
Advertising Revenue comes from:
• Keenspot: Revenue is earned on a net 90 basis and is based upon traffic to Red Giant property Web sites.
• Project Wonderful: Revenue is paid immediately and based upon bids by advertisers for a set amount of time at the prevailing highest winning rate.
Publishing Revenue comes from:
• Kickstarter Campaigns: Presales for books whereby revenue is recognized once the books arrive and are shipped to the buyers.
• Direct Sales: Through Red Giant’s online store, the Company sells directly to clients which get paid to the Company’s Paypal account.
Creative Services are artwork, writing, advertising, and other creative endeavors Red Giant handles for outside clients.
All of these revenue streams and the early success of them are due much in part to Benny Powell’s short time as a writer and artist with Marvell Comics. The work experience there allowed for him to make exceptional connections in the industry and even collaborate with the man himself, Stan Lee, in a work published called “Japan needs Heroes.”
As for REDG stock, there is a ton of, its fresh, its clean, and it looks sexier than Wonder Woman and Catwoman having a cake fight in half torn costumes.
About REDG Stock
Trading History For REDG:
Bottom Line: Get REDG stock on your list of penny stocks to watch for Thursday pre-market. With the falling optimism on DMHI stock having a run after today’s bloodbath, a sneak attack on REDG stock in the late afternoon session may have been the diversion needed to avoid front loading.
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