Are Fundamentals Improving for Red Giant Entertainment Inc (OTCMKTS:REDG)?

Repost This

Las Vegas, NV -- (SBWIRE) -- 12/06/2013 -- Red Giant Entertainment Inc (OTCMKTS: REDG) recently announced the filing of its 10-K Annual Report. This report includes its audited financial results for the fiscal year ending August 31, 2013.

According to the report company revenue increased to $497,486 showing increases of 410% as compared to the previous quarter. Company cost of sales increased to $148,215 showing increases of 70.2%. Company’s operating expenses increased to $421,865, as compared to $44,304 for the eight month period ended August 31, 2012.

Red Giant Entertainment, Inc is providing intellectual property development solutions for multiple media platforms and transmedia propagations. The company engages in producing, selling, and licensing various transmedia properties, It is settled in Clermont, Florida.

To find out what OTCMAGIC projects Red Giant Entertainment Inc, for both short term and long term please click here: REDG

OTCMAGIC Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in Hot Stocks!

Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers.