Posted in: Comics | Tagged: Comics, entertainment, facebook, red giant

Red Giant Entertainment Deletes Shareholder Questions From Facebook

We ran a number of concerns regarding Red Giant Entertainment the other week. And how their big launch intended for this week, printing hunderds of thousands of free comics funded by advertising, suddenly wasn't happening any more, there was no Toys R Us promotion and the launch has been delayed to next year.

Well, they issued an hour long shareholder report video to talk about some of the issues.

Benny Powell said, talking with David Campiti, "What specifically happened is that we had every indication that everything was on track for launch, everything seemed to be good, going well, it looked like we were going to make it. The timer ran out… we were looking to the fallback dates… we were literally, last Thursday 6 o'clock at night… we had to say we didn't have enough." Money. Advertising. "Not the necessary amount to cover those costs…. in essence we were far too ambitious for what we were doing to launch…. bottom line is, I'm sorry, I failed."

They are changing plans to launch with four books, to just launch with one, and then introduce more titles as and when they succeed.

But some of those investors weren't happy and started asking questions on the Red Giant Facebook page. And found those questions deleted and blocked.

In response, Red Giant posted,

POLICY UPDATE: Although recent posts have strayed far from our objectives, the Red Giant Entertainment page on Facebook has always been intended to be a fun, friendly informational source for fans, retailers, investors, partners, and advertisers. We are recommitting to those goals, and this page will reflect them moving forward. We understand that our shareholders crave a constant flow of information and, to that end, Management invites inquiries be sent to us at info@redgiantentertainment.com. We will address those questions, comments and any concerns as we are able in a public manner. While we are loathe to censor, any posts that do not meet this criteria will be removed and repeat offenders will be banned. Thank you for your continued interest and support.

Out of the 36 comments on that post, 35 were deleted….

Enjoyed this? Please share on social media!

Stay up-to-date and support the site by following Bleeding Cool on Google News today!