Red Giant Entertainment’s Absolute Comics Group Previews WHITE WIDOW At New York Comic-Con 2018

ORLANDO, FL—October 3, 2018 – Red Giant Entertainment Inc. (REDG), an innovative Intellectual Property company specializing in high quality characters and content for use in a variety of media and entertainment, today announced that the Company will exhibit at New York Comic-Con from October 4-7, 2018, where its imprint Absolute Comics Group will debut hot new series WHITE WIDOW in a limited edition New York Comic-Con exclusive preview comic book.

Created by popular artist Jamie Tyndall alongside Red Giant Entertainment CEO Benny R. Powell, WHITE WIDOW is set in the “Absolute Comics Universe” and follows the adventures of Gabrielle Garcia, a typical American girl who suddenly finds herself transformed into the superpowered White Widow after her scientist father is murdered.

New York Comic-Con attendees, which are expected to number at over 250,000 this year according to event organizers, will be able to preview Gabrielle’s story in WHITE WIDOW NYCC PREVIEW BOOK #1.  The book will feature a total of 8 NYCC exclusive variant covers and be available for purchase at Red Giant Entertainment’s Booth #1271, where it can be autographed by creators Powell and Tyndall.  There will be variant covers by artists Sorah Suhng, Ryan Kincaid, Jason Metcalf, Benny Powell and 4 covers by Jamie Tyndall.  All artists are expected to be in attendance at the show.

“This series is not just the debut of an exciting new character, but the explosive new beginning of an entire universe of comics – the Absolute Comics Universe!” said Powell.  “In addition to new characters and concepts from the mind of Jamie Tyndall that we’ll be announcing soon, the months to come will see the publication of AMPED, DARCHON, DUEL IDENTITY, KATRINA, WAYWARD LEGENDS, and WAYWARD SONS – all of which tie into our girl Gabby in one way or another, including through special ‘WHITE WIDOW VARIANT’ cover edtions.”

The first issue of WHITE WIDOW was crowdfunded by a very successful Kickstarter campaign, which took in $82,949 from August 23rd through September 22nd.  The series will be distributed to comic book stores worldwide by Diamond Comic Distributors, with WHITE WIDOW #1 scheduled for release on November 28th.  Comic store customers will have two covers to choose from, while Kickstarter backers were able to choose from among over two dozen variants by popular artists like Mike Debalfo, Elias Chatzoudis, Sorah Suhng, Mike Krome, and Ryan Kincaid.

  • MORE ON THE CREATORS OF WHITE WIDOW

Jamie Tyndall is a comic book creator that has quickly become one of the comic industry’s most popular cover artists.  He is regularly a featured artist by companies such as IDW Entertainment, Zenescope, Valiant Entertainment, and Stan Lee’s POW Entertainment and properties such as Lady Death, GI JOE, Transformers, My Little Pony, TMNT, Archie, Grimm Fairy Tales, Alice in Wonderland, Ninjak, Godzilla and Danger Girl..  Now he has turned his talents, for the first time ever, to his own creation – White Widow.

The comic itself is written by veteran comics writer, Benny R. Powell, whose credits include years at Marvel Comics, Red Giant, Academy Comics, and now Absolute Comics.  He’s worked on titles such as X-Men, Fantastic Four, What If..?, Marvel Vision, Robotech and the massively popular webcomic Wayward Sons: Legends.

Interior pencils include work from Jamie Tyndall, and a new, amazing talent Iwan Nazif!  Iwan got his first international contract as the comic artist from Dark Horse Comics for KULT comic series. This was followed by Mass Effect 2 and 3, also published by Dark Horse Comics. Iwan eventually received a contract to illustrate Dreamworks’ How To Train Your Dragon comic series published by Titan Comics.  Now his considerable talents are focused on White Widow alongside Jamie!

Red Giant provides news and updates at the following online locations.

http://redgiantentertainment.com, http://absolutecomics.net and on https://www.facebook.com/RedGiantEntertainment

ABOUT RED GIANT ENTERTAINMENT INC.

Red Giant Entertainment Inc. (OTC: REDG) is a Florida corporation that specializes in intellectual property (IP) development for multiple media platforms and transmedia propagation. The cornerstone of this development is based around the more than three dozen online and print graphic novel properties in various stages of production as well as the cast of thousands of characters from those series. These properties have a readership that numbers in the millions globally. Some of these properties are actively in development into other media such as movies, video games, television, novels, toys, apparel, applications, etc. through either direct production or licensing agreements.

Forward Looking Statements

This press release may contain “forward-looking statements.” Any statements that are not statements of historical fact, including but not limited to statements containing the words “believes,” “plans,” “anticipates,” “expects,” “look forward,” “estimates” and similar expressions, should be considered to be forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, to include acquisition, production, marketing, distribution, competition with related patent, trademark and license issues involving contractual obligations and concessions. The Company does not assume any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. The Company files annual, quarterly and current reports, proxy and information statements and other information with the Securities and Exchange Commission. This press release should be read in conjunction with all of the reports that the Company has previously filed with the Securities and Exchange Commission for financial and other information about it. The references to the websites http://redgiantentertainment.com and www.facebook.com have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

Contact:

Company

Red Giant Entertainment Inc.

info@redgiantentertainment.com
http://RedGiantEntertainment.com

 

Red Giant Entertainment Expands Promotional Tour To New York Comic Con and Beyond

ORLANDO, FL—October 4, 2017 – Hot on the heels of successful promotional appearances at Comic-Con International: San Diego and MegaCon: Tampa Bay, Red Giant Entertainment Inc. (REDG), an innovative Intellectual Property company specializing in high quality characters and content for use in a variety of media and entertainment, today announced that they have added New York Comic Con to their promotional schedule, with several others in the landing stages.

Over the next few weeks, Red Giant – under their new Absolute Comics publishing banner – will release several titles into comics shops worldwide:  Darchon #1 (horror adventure); Katrina #1 (horror); Markiplier #1 (co-written by and starring the massive YouTube star), Wayward Legends #1 (adventure fantasy, in development as a major motion picture); and The Villain (its first creator-owned line property co-created by and with cover art by legendary artist Neal Adams).  Titles are scheduled to ship to Diamond Comic Distributors late this month for November 2017 in-store sales.

“As we reached out to fans and retailers alike, we realized our upcoming titles needed a bigger impact into the psyche of both store owners and their customer,” explained Benny Powell, author/creator of the first wave of properties.  “The listings in Diamond Previews needed more support.  So we’re making booth presentations and conducting Absolute publishing panels at as many events as we can possibly do.”

Red Giant will also increase marketing on social media, including Facebook, Instagram, and Red Giant’s own website www.redgiantentertainment.com.

New York Comic Con is Thursday through Sunday, October 5 – 8, at the Javitz Convention Center.

Red Giant provides news and updates at the following online locations: http://redgiantentertainment.com  and on https://www.facebook.com/RedGiantEntertainment

ABOUT RED GIANT ENTERTAINMENT INC.

Red Giant Entertainment Inc. (OTC: REDG) is a Florida corporation that specializes in intellectual property (IP) development for multiple media platforms and transmedia propagation. The cornerstone of this development is based around the more than three dozen online and print graphic novel properties in various stages of production as well as the cast of thousands of characters from those series. These properties have a readership that numbers in the millions globally. Some of these properties are actively in development into other media such as movies, video games, television, novels, toys, apparel, applications, etc. through either direct production or licensing agreements.

Forward Looking Statements

This press release may contain “forward-looking statements.” Any statements that are not statements of historical fact, including but not limited to statements containing the words “believes,” “plans,” “anticipates,” “expects,” “look forward,” “estimates” and similar expressions, should be considered to be forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, to include acquisition, production, marketing, distribution, competition with related patent, trademark and license issues involving contractual obligations and concessions. The Company does not assume any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. The Company files annual, quarterly and current reports, proxy and information statements and other information with the Securities and Exchange Commission. This press release should be read in conjunction with all of the reports that the Company has previously filed with the Securities and Exchange Commission for financial and other information about it. The references to the websites http://redgiantentertainment.com and www.facebook.com have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

Contact:

Company

Red Giant Entertainment Inc.

info@redgiantentertainment.com
http://RedGiantEntertainment.com

SDCC Wrap-Up

I know it came as quite a shock that we ended up attending San Diego Comic-Con this year, and it was for us as well.  We had an associate company we have worked with (and will continue to) who needed our help, and so because I found a way to make it with no cost to the company, I decided to go.

It was so last minute, this meant driving the van from ORLANDO to SDCC packed with stuff and two of my kids in tow to help out!

The booth spot itself could not have been better positioned, as it was a corner booth directly in front of the center doors (section C).  And, of course, I wanted to take advantage of the opportunity.

And that’s exactly what I did.

As we have announced, we have a comics line coming out this October, and this afforded us the ability to promote not only to consumers, but many of the nation’s TOP retailers.  I was able to SHOW them the comics as well as illustrate the demand for them, due to the lines of fans and consumers we had.

Markiplier fans were obviously there, but what retailers and onlookers could readily see is that there was a big audience for our other titles as well.  We sold as much Wayward Legends books, as anything else, and even sold box loads of the leftovers from our FCBD for our other titles launching as well.

Darchon, Duel Identity, Wayward Sons, First Daughter, Magika, and the rest were all snapped up quickly.  It was amazing to see people who picked up the books early in the week returning to report how much they loved the books and couldn’t wait for the ongoing series!

We were quick to explain to the Markiplier fans as well, the tie-in to our other series, and the #1 response was almost unanimously, “COOL!”  Many of these kids had never really read comics before, so this was precisely our goal… creating a new audience for the genre itself.

And of course, there were plenty of other meetings we were able to have.  Some of the deals we have been working on sought us out before, during and after the show each day to continue our discussions and negotiations.

This was by far a great trip, and since no cost to the company, overwhelmingly our most profitable venture to SDCC in years.

Now, I have to sign off, as it is time to jump back on the road again for the next legs of the grueling trip home.  Watch for more announcements we have in the hopper as we can reveal them!  Exciting times ahead!

MegaCon Orlando 2017 – Wrap-Up

We now sit a week after MegaCon Orlando 2017, and the whirlwind events that surrounded it have now had time to settle in my thoughts. In many ways, it was a very cathartic event, and one I feel will have great significance in the history of Red Giant. It truly cemented for us that we are indeed now on the right path.

For those who don’t know, MegaCon Orlando has grown to become one of the largest comic book and pop culture conventions. And while it has been in the hometown for Red Giant, we had never really had a booth. Typically, David and I would simply take the time to visit old friends from the business, see what is new, take our kids, and have fun. We are, after all, still fans of this business that we love so dearly.

Two things changed, however, for us this year… a new direction and new show management.

In the past, we had never really gone to fan conventions for Red Giant beyond San Diego Comic-Con because with the Giant-Size line, our goal was to provide free comics which would invariably find fans. Conventions can be incredibly exhausting and time-consuming events, with little direct financial payoff for our then-business model. Now with the advent of Absolute Comics Group, however, this dynamic has changed great. We now are going a more traditional route in many ways, and that means interacting with the fans on a local level to help build a paying audience. Further, we need to reach established and budding artists and creators to expand our line. That means going to comic cons more often!

Also, we had heard that MegaCon was under new management and there was a lot of good industry buzz about this. A company called Fan Expo HQ out of Canada had taken over the reins of the event. A quick email to them and we were instantly well received and treated exceedingly well. Over the years I have attended and exhibited at a large number of shows, and I can say that the level of professionalism, courtesy, and support given by the staff was beyond compare. Based on their work, I can say I would be proud to be part of any show that they conduct for as long as they’ll have us.

Mind you, I mean this as no disrespect to the previous management of MegaCon. It was a fine show to attend, but beyond that, I had no frame of reference. I can say that this year seemed to be the biggest one I had been to.

Arriving at our table, I could not have been more pleased. They situated us in one of the main aisles, right near the front doors to the north entrance! We were also wedged between the celebrity signing areas and the “Back to the Future” DeLoreans with a curtain between both sides. This meant people coming down this main aisle would not be distracted and could see us right away.

In short, our booth was busy nearly non-stop. I can count the lulls on all four days of the event on one hand with fingers left to spare. What was especially gratifying was not just the new readers we were able to acquire, but the established fans who would visit to talk to us about the impact our work had on them.

For instance, one gentleman was quick to tell me about how much he enjoyed Typhon, a dragon character from Wayward Legends. He went so far as to let me know he plans to have the character made into a rather large tattoo! This floored me. Someone likes my creation enough to use the real estate of his own body to permanently display the character for the rest of his life! And this type of fan encounter occurred more than once across the table.

Another goal for the show was taking the time to break away and talk to the other creators about joining our “creators” line for Absolute Comics Group. To say we were met with enthusiasm would be an understatement. There will likely be several projects to come from this show alone, and if nothing else had occurred, that would have been a big win.

In keeping with that theme, on Saturday, David and I hosted a panel to discuss the topic of “Breaking into Comics the Digital Way.” When the good folks at Fan Expo HQ asked if we would be willing to do a panel, it was the topic I felt we could do that perhaps would be unique and maybe appeal to a few people. To be honest, I went up to the panel area a little early to see if we had anyone even there at all. Dave and I half expected maybe a handful at best. So, I was understandably shocked when I saw not one, but three massive lines outside the doors waiting to get in.

When I asked the girl at the front of the line if this was the right topic, she quickly told me it was and the, “back of the lines are over there…” Needless to say, I chuckled that she was here to see me but thanked her all the same.

Thus, David and I were able to give what we felt was a practical step-by-step hour-long discussion on the ins and outs of breaking into comics as a creator in the digital age… as well as a look back at how things used to be when he and I started out decades ago for DC and Marvel respectively. We concluded the discussions not only explaining that Powfolio would be a great venue for these budding young talents, but revealing Absolute Comics’ creators line as an option as well.

We sincerely hope to hear what fruit, if any, comes from the seeds we planted. But judging by the dozens of young creative talent that stopped us outside and came by our booth, I think it’s safe to say we were helpful at the very least.

All in all, MegaCon Orlando 2017 exceeded our expectations.  It was an amazing experience and we couldn’t have asked for a better kickoff to this new chapter for our company.  We are reinvigorated and ready to tackle the future… onward and upward!

Questions and Answers – Part 2

As promised, here are the Q&As compiled from those you sent in.  Some top line questions were answered previously, so we skipped many that were already answered.  We tried to answer all of the questions, including those that required speculation.  Some, however, are too close to ongoing negotiations, development, or required far too much speculation to be able to answer… so not everything could be addressed.  Still, we feel this should be a clearer picture of where we are and where we are going:

 

Q: When will a new CEO and CFO be appointed?
A: We can only say that we have promising candidates and an offer has been officially tendered to our top pick.  Both sides are in negotiations at the moment, and this is something we greatly look forward to.

Q: Can you elaborate on what can be expected with the Absolute Comics Group project and when it will all happen in an appreciable manner?
A: We are well underway with the imprint as evidenced by the recent releases.  It was a major component and reason for being part of MegaCon Orlando.  Conventions will also play a big role in the promotion and content acquisition of this and all of our platforms such as Powfolio.

Q: Will Absolute Comics Group be tied in anyway with Powfolio?
A: As we stated in the release, we will include Absolute in all of our channels.  Digital, Web, print, and subscription box.

Q: Where will the money come from to fund the Absolute Comics Group Project and any other future projects going forward?
A: Part of the costs were included in the financing, some of the assets already existed, other costs will be covered by sales, and some of the creators will cover their own costs as part of their deals.

Q: Will Red Giant be taking advantage soon with its far-reaching agreement signed back in September of 2015 with Herohelix and Chris Moujaes for film and television animation representation?
A: Yes we have several projects we are developing for this.  More as it develops.

Q: Are any sizable partnerships on the table for the future?
A: Without speculating on the future, we can state that yes partnerships are in ongoing negotiations on multiple fronts.

Q: Is a reverse split officially off the table?
A: We are not doing a reverse split now.  Again we cannot speculate on what the future holds, but such decisions will be made with regard to the board and with new management involvement in such a way as to best benefit shareholders and the company.

Q: What does the future hold for Zwagbox?
A: We will be relaunching it shortly as the issues that plagued it are being addressed.  We are bringing on established personnel in the field to supervise and manage as well.  It is a major component of our distribution for publishing.

Q: Will Zwagbox subscriptions that did not request refund pick up where they left off?
A: Everyone will be given the opportunity to continue or get a refund.  We have an outreach program we are planning to handle retention, reacquisition as well as new customer development.

Q: What are your plans if any to reduce the share structure in a way that doesn’t hurt shareholders?
A: We of course cannot speculate on what the future holds.  A large portion of this depends on the market itself and the board, along with new management, will react accordingly.  Remember that we are shareholders as well.

Q: What does the future hold for Powfolio?
A: In addition to adding many new publishers in the future, there are amazing plans for Powfolio development as well.  There are plans for expansion that are incredibly innovative.

Q: Will Red Giant be attending this years 2017 ComicCon and will they be in the Keenspot Booth as usual?
A: For financial reasons we will not be at the Keenspot booth.  We have been offered our second booth location from last year, and are weighing whether to attend.  For all of our other conventions, they are at little-to-no-cost for us to participate.  SDCC has traditionally been very expensive.  No final commitment has been made.  The winners for the ZWAG BOX however will still be honored.

Q: Is the Giant-Size Line officially a thing of the past and gone for good now?
A: No good ideas ever fully die, and we still feel it is a good idea.  It is still something we may wish to pursue with proper monetization and support if agreed upon by new management.

Q: Is there still a Toys-R-Us affiliation?
A: We are very much still on good terms with them and if we can come up with a way to work together that makes sense for both companies the door remains open.  There have been discussions but we cannot comment beyond that.

Q: Do investors have anything to look forward to for 2017 that can be disclosed at this time?
A: The launch of Absolute Comics Group will be one we can definitely disclose at this time with more developments to come.

Q: Will there be any more financing through notes going forward?
A: Again, while we cannot speculate on the future, there are currently no plans.  We have not taken out new notes since 2015, and have made every attempt to stay away from them to date.

Q: Has Red Giant Entertainment officially now been converted from a Nevada to a Florida entity?
A: Yes.

Q: How do you plan on restoring the greatly diminished faith that’s been lost with Red Giant’s investors and fans?
A: We can only accomplish this through actions.

Q: What is the likelihood of actually using Hemp Paper in future printing for Red Giant and when could it actually begin?
A: We feel very strongly about this and think that there may be a small-scale method of rolling this initiative out in the short-term.  Long term, this really should be a major solution for us and the industry as a whole.

Q: Why do you guys mention the legal issues with regard to hemp?  Industrial hemp is legal.
A: This is a far more complex issue than that.  Industrial hemp is legal in some states, however, many of these states still have specific bans on hemp paper.  Further, interstate commerce laws can further cloud the issue as products might not be legal in crossing borders.  Distribution is further an issue, as our distribution is not just national, but international.  Lastly, there is some question as to the Federal involvement should profits be made and deposited into a bank.  All of these issues and many others are being explored with expert legal counsel in these areas.  While we are eager to lead the charge in this area, we want to do so carefully, without risking the company or exposing us, our creators, our investors or our distribution partners to liabilities or prosecution.

Q: Can you assure us that you will keep your promises on everything that you say to investors and fans going forward?
A: We have never attempted to deceive or mislead. While we can certainly own up to having made mistakes in the past, it was never with malice that what we said we wanted to do failed to materialize.  Many events beyond our control contrived to work against our best intentions.  We hope we have learned from this, and that is why we took the time to re-evaluate, build up new strategies and infrastructure, and move forward carefully and cautiously.

Q: How many more conventions do you plan to attend for the remainder of 2017?
A: We are evaluation this now.  This will depend on location, size of the convention, minimizing costs and maximizing potential for marketing, promotion and impact.

Q: Is your attorney, Russell Weigel, still on board? What about Campiti, Crosby, Robbins, Fischbach, Schoof, and Powell?
A: Yes.  All board members are still involved as we stated in the previous QA.  The only departures have been our separation from our previous auditors as we disclosed.

Q: Is it safe to say you will be communicating more moving forward?
A: Absolutely.  That is why we created the corporate blog.  Expect to hear from us consistently moving forward.

Q: Is David Campiti leading the Absolute Comics Group alone?
A: Yes he is leading a large sector of Absolute, but he is not alone.  Benny Powell will have an editorial role for the “core” group, currently planned as part of Absolute Comics Group.  There will be some overlap, but there are three distinct sectors.  These initiatives, however, will be under the supervision of new management for their development moving forward.

Q: You assembled some great writers in the past, will you still have access to them?
A: Yes.  We have a lot of work already in the can by these amazing talents, and with both time and budgets permitting we want to continue working with them and many others.  It is our goal for Absolute Comics Group to become a creative haven and powerhouse in the entertainment community.

Q: When are we going to see financials?
A: As stated previously, we are working on this right now with our new auditor and are anxious to become current as well.

Q: When will we see profits?
A: Again, we cannot speculate on the future.  We can state that we are returning to our core product that was profitable before to build a solid cornerstone with which to expand.  Obviously being profitable is our goal.

 

Look for more in the days and weeks ahead as we will continue keeping you informed as we move forward.

Red Giant’s Absolute Comics Group Label Announces Wayward Legends, a New Value Monthly Comic Book Series

Orlando, FL, May 24, 2017 — Red Giant Entertainment Inc. (REDG), an innovative Intellectual Property company specializing in high quality characters and content for use in a variety of media and entertainment, today announced that the launch of Absolute Comics Group will include the value-priced $1.99 monthly title WAYWARD LEGENDS.

“With WAYWARD LEGENDS and its spin-offs being the cornerstone of Absolute Comics Group’s company-owned ‘CORE’ universe, we wanted an inexpensive, easy, entry point for new readers and collectors,” said series creator, Benny Powell.

WAYWARD LEGENDS will include stories originally published online as the massively popular WAYWARD SONS: LEGENDS webcomic. Although twenty-five issues, or more than two years’ worth of material, were completed, it has never been printed in comic book format before. The webcomic will be taken offline, making the $1.99 print comic and the Powfolio comics reading app the only venues it can be found.

The LEGENDS series centers on two groups of diverse warring aliens who crash-landed on earth over five thousand years ago. The war between them would inspire every myth, legend and fairy tale in human history. It also serves as the source for the spin-off modern title, WAYWARD SONS, which revolves around the half-human children of these beings. Additionally, LEGENDS will tie into numerous other Absolute Comics titles as well, forming the center glue that binds the “Core” Absolute Comics universe.

“Comics went from a dime to twelve cents in around 1962. That’s roughly a dollar in today’s money,” said David Campiti, COO of Red Giant. “The $1.99 price point makes great sense for today’s comics — printed on high-quality paper with more pages of stories and art than you’d get in a comic back then. It’s less than half of what the big guys are charging for their core titles.”

Red Giant provides news and updates at the following online locations:

http://redgiantentertainment.com and on https://www.facebook.com/RedGiantEntertainment

About Red Giant Entertainment Inc.
Red Giant Entertainment Inc. (OTC: REDG) is a Florida corporation that specializes in intellectual property (IP) development for multiple media platforms and transmedia propagation. The cornerstone of this development is based around the more than three dozen online and print graphic novel properties in various stages of production as well as the cast of thousands of characters from those series. These properties have a readership that numbers in the millions globally. Some of these properties are actively in development into other media such as movies, video games, television, novels, toys, apparel, applications, etc. through either direct production or licensing agreements.

Forward Looking Statements
This press release may contain “forward-looking statements.” Any statements that are not statements of historical fact, including but not limited to statements containing the words “believes,” “plans,” “anticipates,” “expects,” “look forward,” “estimates” and similar expressions, should be considered to be forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, to include acquisition, production, marketing, distribution, competition with related patent, trademark and license issues involving contractual obligations and concessions. The Company does not assume any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. The Company files annual, quarterly and current reports, proxy and information statements and other information with the Securities and Exchange Commission. This press release should be read in conjunction with all of the reports that the Company has previously filed with the Securities and Exchange Commission for financial and other information about it. The references to the websites http://redgiantentertainment.com and www.facebook.com have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

Contact:

Company
Red Giant Entertainment Inc.
info@redgiantentertainment.com
http://RedGiantEntertainment.com

 

Questions and Answers – Part 1

As we stated last week, we are well aware many people have questions given our silence up until now.  We will answer many of these questions with new information on June 1 in a release, but some questions being posed we want to go ahead and answer now to get them out of the way.  So, let’s dive in, in no particular order:

Q: Are you really searching for a new CEO?  If so, how is that going?
A: Yes. In fact, we have identified a couple highly-qualified candidates.  To clarify what we are looking for, we feel we need a CEO who has experience and proven success in the worlds of finance, the entertainment industry, and especially understands the intricacies needed for the running of a publicly traded company.  This is a tall order, and of course has taken time.

Q: Is the board still involved?
A: Yes. We have had no change in our board members.

Q: What happened to ZwagBox
A: ZwagBox is currently on hold for the next few months while we get things sorted.  We cannot yet go into details on exactly what happened, but we will in the future.  Suffice it to say, the vast majority of customers were refunded and/or initiated chargebacks which we did not dispute and actually encourage.  Due to a major issue we had with our previous provider, data on everyone has not been readily available to us, which has slowed down any process on that.  Once everything has been cleared up, we will relaunch with a campaign that we feel will please everyone.  It is very much a part of our distribution platform plans for Absolute Comics Group.

Q: What happened to the Markiplier Comic?
A: It is completed and will be a part of the relaunch of ZwagBox and the launch of Absolute Comics Group.

Q: Why are you wasting money on so many PRs right now?
A: First off, we are being cash conscious and not paying for PRs but using PR.com, which simply requires us to submit two days in advance.  The main reason we are doing PRs, is because we have news and are moving forward.

Q: Why are you spending money on conventions?
A: Other than SDCC, we do not spend money on conventions typically… we are usually guests at these events.  With us now entering the comic publishing arena full steam, these events will become a vital and important component for reaching both our audience, and new creators.

Q: What is going on with your filing status?
A: We are working with a new audit firm and derivative accounting firm now and expect to be caught up shortly.

Q: Any update on convertible debt?
A: There is no new convertible debt and hasn’t been in a year and a half.  There are only a few remaining with most of them for only small amounts.

Q: What is the Northbridge suit and what does it mean?
A: This is a 3a10 and is part of the restructuring plans we have.  This is removing debt and most importantly, helping us to get current.  The way a 3a10 works is through structured payments to owed vendors that can take up to a year to disburse.  Shares are only issued based upon then current prices at a discount to market when the disbursements are sent.

Q: How are we to believe you are launching Absolute Comics Group comics?
A: Easily. We have six months to a year or more worth of material for many of our titles in a ready-to-print status.  This covers both our “creator” and “core” lines for our in-house titles.  Further, many of the outside creators have numerous months’ worth of work in a ready-to-print status as well.  The key here is in catalog space.  The companies that make publishing work to any degree have a “share of voice” within the catalog worth getting attention from the retailers.  This is something we have never worked on because our focus was on the Giant-Size line that did not require that type of exposure to work.  Shifting our focus means we now need to occupy significant space within the order catalogs – a feat we can manage.  Orders from the retailers are in a non-returnable fashion, and as such we simply print to order and do not overstock.  Because our costs are low, this makes it profitable and manageable.  It moves us forward.

Q: What about distribution?
A: We will not only do the standard comic book distribution, but collected volumes into what are called “graphic novels” or “trade paperbacks” will be sold through stores.  These components are already in place.  And of course, our digital and online platforms will further monetize the work and increase our overall visibility.  Further, we are working on international and translated editions of our work to broaden the scope and profitability.  In short, we are going to maximize the profit from each piece of work to the fullest while increasing eyeballs and audience share.

Q: What is this news about hemp paper all about?
A: One of our goals has always been to push the envelope.  In a world where our core audience is faced with the value proposition of choosing between buying a video game or 3-4 flimsy comic books due to a $3.99 starting cover price, comics are going to lose more often than not.  It is a high barrier to entry, and we see the need to try to lower that barrier by lowering the price point.  This would mean lowering the costs for us and the industry as a whole.  Printing costs are one of the biggest components to that cost… which is primarily the cost of the paper itself.  We currently have our costs incredibly low by printing in China.  However, there is a time delay due to shipping that makes it less than ideal.  Domestic printing on pulp paper is too costly despite the local convenience.  Hemp paper would solve that.  It is cheap, infinitely renewable, good for the environment, and more durable.  It simply makes sense.  Despite common misconceptions it is not in any way marijuana and industrial hemp should be legal.  That is a fight worth facing and one we want to be at the vanguard of.

 

We hope this answers some of the topline questions we are seeing repeated so that we can drill down even further for the June 1 Q&As.  To sum up, nothing we have been working on is dead in the slightest.  We are working to eliminate debt, be current in our filings and move toward being in the black once again.

Red Giant Entertainment and Absolute Comics Host Panel at MegaCon Orlando 2017

ORLANDO, FL—May 22, 2017 – Red Giant Entertainment Inc. (REDG), an innovative Intellectual Property company specializing in high quality characters and content for use in a variety of media and entertainment, today announced their panel at the upcoming panel, “Breaking into Comics, the Digital Way” at MegaCon in Orlando, FL, Saturday, May 27 at 5PM, in the Orange County Convention Center in Room N220E.

Editorial and creative staff will be on hand to conduct a presentation regarding methods for aspiring creators to break into the world of comics in the modern age.  Further, the panel will host Q&A on the subject as well as highlight the role of their new imprint, Absolute Comics Group in offering creators a method for breaking into the world of comic publishing.

“Coming from our beginnings as a Webcomic company, as well as our digital platforms, we are keenly aware of the desire of budding young creators to break into comics,” stated Red Giant Editor, Benny Powell.  “MegaCon is a great place to reach out to these superstars of tomorrow and perhaps even find a few to bring into the fold!”

Red Giant and Absolute Comics also have a booth at the event running May 25-28, at booth #1182.  Staff will be present for portfolio reviews for new talent as well as any creative teams who wish to join the newly-announced imprint, Absolute Comics Group.

The Absolute Comics Group imprint will publish a variety of traditional-format comic book titles, followed by trade paperbacks collecting the issues for those titles.  These titles will be distributed through thousands of comic book specialty and book stores worldwide, beginning with the August 2017 Previews order catalog.

The Absolute Comics Group will be comprised of multiple lines:

  • A “core” line of titles mining the company-owned Intellectual Property that Red Giant has developed and acquired since inception, such as WAYWARD SONS, DARCHON, AMPED, FIRST DEFENSE, DUEL IDENTITY, etc. – with a twist. These core titles will all exist within a “shared universe!”
  • A line of “creator-owned” titles, offering talented creators, both newcomer and established, an exciting new home for bringing their own universes to life.
  • A line of licensed titles based on properties from television, movies, video games, and new media to broaden brand awareness.

MegaCon Orlando is the Southeast’s largest comic, sci-fi, horror, anime and gaming convention. The pop culture extravaganza will be host to more than 100,000 fans, attending MegaCon Orlando at the Orange County Convention Center on Memorial Day Weekend 2017. More information on MegaCon Orlando can be found at www.megaconorlando.com.

Red Giant provides news and updates at the following online locations: http://redgiantentertainment.com  and on https://www.facebook.com/RedGiantEntertainment

 ABOUT RED GIANT ENTERTAINMENT INC.
Red Giant Entertainment Inc. (OTC: REDG) is a Florida corporation that specializes in intellectual property (IP) development for multiple media platforms and transmedia propagation. The cornerstone of this development is based around the more than three dozen online and print graphic novel properties in various stages of production as well as the cast of thousands of characters from those series. These properties have a readership that numbers in the millions globally. Some of these properties are actively in development into other media such as movies, video games, television, novels, toys, apparel, applications, etc. through either direct production or licensing agreements.

ABOUT FAN EXPO HQ
MegaCon Orlando is owned by FAN EXPO HQ, one of the largest entertainment convention groups in North America. Collectively it hosts over 500,000 fans annually at FAN EXPO CANADA™, Boston Comicon, FAN EXPO VANCOUVER™, FAN EXPO REGINA™, FAN EXPO DALLAS™, Toronto ComiCon, Dallas Fan Days and MegaCon Tampa Bay.

Forward Looking Statements
This press release may contain “forward-looking statements.” Any statements that are not statements of historical fact, including but not limited to statements containing the words “believes,” “plans,” “anticipates,” “expects,” “look forward,” “estimates” and similar expressions, should be considered to be forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, to include acquisition, production, marketing, distribution, competition with related patent, trademark and license issues involving contractual obligations and concessions. The Company does not assume any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. The Company files annual, quarterly and current reports, proxy and information statements and other information with the Securities and Exchange Commission. This press release should be read in conjunction with all of the reports that the Company has previously filed with the Securities and Exchange Commission for financial and other information about it. The references to the websites http://redgiantentertainment.com and www.facebook.com have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

Contact:

Company
Red Giant Entertainment Inc.
info@redgiantentertainment.com
http://RedGiantEntertainment.com

MegaCon Orlando Media Contact
Carma Connected
Ashley@carmaconnected.com
(305) 438-9200

Red Giant Entertainment to Answer Pressing Questions

ORLANDO, FL—May 19, 2017 – Red Giant Entertainment Inc. (REDG), an innovative Intellectual Property company specializing in high quality characters and content for use in a variety of media and entertainment, today announced that it will answer submitted questions in a blog post on June 1, 2017.

“We realize both our fans and shareholders have a lot of questions about the future of the company,” said Benny Powell, current CEO of Red Giant. “In our continued effort for transparency, want to answer as many questions you have as possible.”

Interested parties are invited to submit their succinct written questions by May 30th via email to info@redgiantentertainment.com  for consideration.  On June 1st, questions will be answered at the following URL: http://redgiantentertainment.com/blog

Red Giant provides news and updates at the following online locations.

http://redgiantentertainment.com  and on https://www.facebook.com/RedGiantEntertainment

ABOUT RED GIANT ENTERTAINMENT INC.

Red Giant Entertainment Inc. (OTC: REDG) is a Florida corporation that specializes in intellectual property (IP) development for multiple media platforms and transmedia propagation. The cornerstone of this development is based around the more than three dozen online and print graphic novel properties in various stages of production as well as the cast of thousands of characters from those series. These properties have a readership that numbers in the millions globally. Some of these properties are actively in development into other media such as movies, video games, television, novels, toys, apparel, applications, etc. through either direct production or licensing agreements.

Forward Looking Statements

This press release may contain “forward-looking statements.” Any statements that are not statements of historical fact, including but not limited to statements containing the words “believes,” “plans,” “anticipates,” “expects,” “look forward,” “estimates” and similar expressions, should be considered to be forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, to include acquisition, production, marketing, distribution, competition with related patent, trademark and license issues involving contractual obligations and concessions. The Company does not assume any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. The Company files annual, quarterly and current reports, proxy and information statements and other information with the Securities and Exchange Commission. This press release should be read in conjunction with all of the reports that the Company has previously filed with the Securities and Exchange Commission for financial and other information about it. The references to the websites http://redgiantentertainment.com and www.facebook.com have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

Contact:

Company

Red Giant Entertainment Inc.
info@redgiantentertainment.com
http://RedGiantEntertainment.com