U.S. Markets close in 1 hr 47 mins

Genius Brands International, Inc. (GNUS)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
1.1600-0.0400 (-3.33%)
As of 2:13PM EDT. Market open.
Sign in to post a message.
  • W
    Wayne
    Genius Brands International, Inc., a content and brand management company, creates and licenses multimedia content for toddlers to tweens worldwide. Also, these other companies could provide you with some new opportunities with the latest discoveries. Please check disclaimer on landing page. Know more here: http://psce.pw/MustSeeTechNow
    Slipping Under The Radar Companies With BreakOut Potential. Market Update See Here
    Slipping Under The Radar Companies With BreakOut Potential. Market Update See Here
    psce.pw
    Bullish
  • D
    Dan
    Top Bullish Charts for October 2020: Week 4 💰💵📈

    https://chart-analysis.tools/Bullish-Charts
  • D
    Dog
    I almost bought a few days ago before the dilution. Long term this is not a bad thing. It just means they got 58 million to produce more content. Just not sure when to buy?
    Neutral
  • C
    Charles
    I like this little stock but it is disappointing that its down on a green day.
    Bullish
  • D
    Dan
    This stock is the first time I made over 40k in a month. I bought in at .77 and sold at 11.20 or so. Now it looks like I might be able to buy back in at .77 again in a month or 2.
  • N
    NOSTRA DAMUS
    Shaq and Terminator wouldnt take shares of $GNUS at around 1,5$ to lose money. Give it time. Long and strong.
    Bullish
  • N
    Natalie
    It looks like the shares are not being sold on the open market. From what I understand it will not be a dilution to shareholders. They are being used towards accreditIve investments such as Shaq’s Garage etc.

    Genius Brands International Announces $58 Million Registered Direct Offering

    Offering Priced Above Market

    BEVERLY HILLS, Calif., October 28, 2020 (GLOBE NEWSWIRE) -- Genius Brands International, Inc. (“Genius Brands” or the “Company”) (NASDAQ: GNUS) announced today that it has entered into a securities purchase agreement with certain long-standing investors providing for the purchase and sale of 37,400,000 shares of its common stock at a purchase price of $1.55 per share in a registered direct offering, resulting in total gross proceeds of $57,970,000. The shares to be utilized in this transaction are available to the Company through an increase in authorized shares, as approved by the shareholders on August 27, 2020. The investors will receive a warrant to purchase one share of common stock for each share of common stock purchased in the offering. The warrants will be exercisable immediately and have a term of five years and an exercise price of $1.55 per share. The offering is expected to close on or about October 30, 2020, subject to the satisfaction of customary closing conditions.

    The net proceeds of this financing will be used for certain accretive future acquisitions, and for the Company’s operations, including, but not limited to, the development, production, distribution and marketing of animated content, including the recently announced SHAQ’S GARAGE, and associated licensed merchandise, and general working capital.
    Bullish
  • T
    Theodore
    Shaq is smart man. This company is trying to corner the market in an industry that will never go away. the kids are on electronic devices more and more. Most parents don't know what the kids are actually watching. If you can just put them on this app, not only are they safe but also learning. I think i downloaded the early version of the app because I deleted and redownloaded and its a whole different app. Actually very easy to navigate and full of good content. I think Shaq knows what he's doing.
    Bullish
  • J
    Jack of all trades
    7/24/20 press release - Andy says "Normally, people associate the issuance of shares with dilution, however when the dilution is accretive, the benefit to the company is exceeded by the acquisition of the asset, and is greater than the dilutive effect. That is the primary purpose of having these new shares available. I speak not only as your Chairman and CEO, but as one of the largest shareholders in the company. My interests are fully aligned with those of our shareholders of common stock. We have only one class of voting stock, it is common stock and mine1 is the exact same as all other shareholders."

    You be the judge!!
  • c
    cleencut
    andy is doing exactly what he said he would do. spend the money to aquire or develop content. For me this is a plus. I'll buy more and keep holding. 2 yr hold for me. I think.
  • F
    Florin
    Nice future for Genius!!
  • C
    Craig
    Everyone is screaming “DILUTION”, but they are buying at $1.55. Certainly that puts a floor at least at that level. Plus, they get money. Which will look good on the Q.
    I just don’t understand that panic here?
  • M
    Marpious
    MAybe one day in the distant future genius can replace Andy as ceo with someone younger and more skilled at running and developing a real company
  • M
    Michael
    Why this stock is dropping like this I don’t understand
    Bullish
  • r
    rickn23
    Not a GNUS veteran. I've been here since near the dawn of time (the board).

    Shareholders are remembering what happened to the share price back in June when the dilutive effects of the warrant conversions happened and then again with the dilutive effects of the debt conversions.

    The share price dropped from the high of $11+ to less than $1.
  • C
    Carl
    Michael Uslan produced the last movie Joker. Joker was a box office hit that also won the academy award for best actor.
    Michael Uslan, the producer and brand-builder behind every Batman movie since 1989, is turning his attention to Genius Brands’ new universe of superhero IPs, with the goal of creating stories that can resonate with global audiences.
    Working as an advisor for Genius, Uslan will oversee and develop Stan Lee’s never-before-seen properties. He started working with the prodco last month, and will collaborate with his son David in the newly created role designed to let him steer all film and TV production on the projects.
    https://boundingintocomics.com/2020/10/08/batman-movie-producer-michael-uslan-thinks-a-mr-freeze-solo-movie-could-work/
    Batman producer Michael Uslan is keen on kicking some ice. He wants the next solo villain movie to star Mr. Freeze.
    Batman producer Michael Uslan is keen on kicking some ice. He wants the next solo villain movie to star Mr. Freeze.
    boundingintocomics.com
  • C
    Carl
    hey I'm a Gnus Veteran here... For all the new investors to this stock, market is down today and this Shaq catalyst had a double whammy effect. One, it gave the shorts the "go" to sell, two, the selling made some other real investors sell. However on the other hand what i like is that, i consider this catalyst as a very "balanced" one. It's not overly positive and it's not negative either. Therefore, this is an amazing opportunity to consolidate, It seems Gnus is truly ahead of everyone in their plan execution. Some of this planning may be years ahead of us with an intent to build slowly but surely. I love it. Warren Buffet indeed had a lasting impression on Gnus management.
  • C
    Chris
    This is a long term good thing. means the company to making money. next offering won't be until we maintain over 3
  • g
    guide_the_herd
    Andy is so great, always being positive during his meditation, five mile runs and celery smoothies! Offering his words of wisdom and keen insights, and really caring about shareholders! It must be wonderful to have the time and money to be so uplifted all the time,,,, printing and selling unlimited shares certainly has it's benefits!!!
  • R
    Renas
    How this offering will affect gnus in long term?