Let me show off my painting. Just come over to my computer. I only paid 250k for it. Are you impressed?
O
Once again the news release concerning co-funding and co-producing a product is an added expense without any communication on the after-expense earning potential for this 'joint-venture'. What investors have been told is that DLPN is spending more money. When will these folks communicate the other half of the story -- the part that is more important to investors?
O
Well folks, we are well into Q1 earnings season and DLPN still has not given a full documented and audited accounting of FY 2021. It is shocking how poor the company is about fulfilling their duty to shareholders. Beginning to think that there may be serious trouble with the enterprise and that it is not the purported money machine that leadership says it is. Anybody else concerned?
J
Market cap as of today is Only 31 million and in 2021 the sales was 36 million, with a lot of potential and upside in 2022 Can someone explain?
J
is this a good investment? I'm sure one of the nfts this company owns is worth more than their market cap
r
Bill brings it big time on 13th. Very nice movement and playing going till then. Take advantage of big swings and then Bill takes over for real.
r
Who bought my $6+ and who sold me $4's today? Dont bash me learn from me. Loading tommorrow too.
J
This will dump straight to 2 or so and eventually file Ch11...
T
(TLIS) Price $1.30 has MEGA Cash of $8.70 per Share + Covid test approved =Unknown gem with 500%+ UPSIDE
r
Big time company now!
r
Ye of little faith missing out on this powerful firms big time undervalued stock. Dont whine later.
c
how come TKAT is up and this is red today
d
whats next $3 again LOL
B
All good things are happening and we're being covered by someone daily. Also this article from yesterday shows the share count.
Dolphin Entertainment Inc. [DLPN] Revenue clocked in at $24.70 million, up 251.47% YTD: What’s Next? | The DBT News
dbtnews.com
T
TKAT, which released an 8K saying they had no idea why their share price was rising (because they had made no announcement of being an NFT dealer), opened at 31.49 on day 2 and traded as low as 18.51 before closing at 30.06. I don't think DLPN will dip so low because this is an actual NFT player that just inked a significant deal to market NFL Hall of Fame tokens and has access, through its PR subsidiaries, to the hottest stars of film, television, and the music industry. But, the share count is low and the float is tiny and the volume is off the charts, so expect some significant price moves as the share price moves through individual investor targets. Any short burst of sustained selling/profit taking may cause the price to start hitting stop loss trap doors. There are plenty of buyers in the wings waiting for those dips, so recovery is assured. No one wants to be on the sidelines for this one because it is - minimum - an easy double from here.
The day (and I'm confident that day will arrive some time during 2021), the government will announce the release of $FNMA, the stock will multiply in such exponential that we have never seen before. Even faster then $DLPN. Patience pays off. Holding a big bag (yes, I know), No Guts' No Glory.
B
Share turnover will happen today. We will see over 6M in my opinion traded. We're at 1.3M already so ahead of yesterday pace with more to go late in the day. When this happens at least a $3 to $4 move up.
S
What's the move here guys? Thinking of selling half my shares before earnings to lock in profit but optimistic about er.
S
Looking at the hourly chart, it looks like the price will go all the way down the 50 day moving average on the hourly chart, then it will start to move up from there. I wish us longs luck. I will put a $60 limit sell order on my position, I think the price will reach it.
During the three months ended March 31, 2020, Dolphin Entertainment, Inc. (the “Company”) deconsolidated Max Steel Productions, LLC, a variable interest entity, (“Max Steel VIE”). Max Steel VIE was initially formed for the purpose of recording the production costs of the motion picture Max Steel. Prior to the commencement of the production, the Company entered into a Production Service Agreement to finance the production of the film. The Production Service Agreement was for a total amount of $10,419,009 with the lender taking a producer fee of $892,619. Pursuant to the financing agreements, the lender acquired 100% of the membership interests of Max Steel VIE with the Company controlling the production of the motion picture and having the rights to sell the motion picture. On February 20, 2020, the lender of the Production Service Agreement confirmed that Max Steel VIE did not owe any debt under the Production Service Agreement. The Company recorded a gain on extinguishment of debt in the amount of $3,311,198. In addition, the Company assessed its status as primary beneficiary of the VIE and determined that it was no longer the primary beneficiary. As such, the Company deconsolidated Max Steel VIE and recorded a loss on deconsolidation in the amount of $1,484,591 on its condensed consolidated statement of operations for the three months ended March 31, 2020. This transaction is the primary reason for a significant change in net income of approximately $2.4 million, from $0.1 million for the three months ended March 31, 2019 to approximately $2.5 million for the three months ended March 31, 2020.
DLPN / Dolphin Entertainment, Inc. - NT 10-Q/A - - AMENDMENT TO NOTIFICATION OF LATE FILING - July 01, 2020 - Fintel.io
Can someone explain?
(https://dbtnews.com/2021/04/06/dolphin-entertainment-inc-dlpn-revenue-clocked-in-at-24-70-million-up-251-47-ytd-whats-next/)
https://fintel.io/doc/sec-dlpn-dolphin-entertainment-nt-10qa-2020-july-01-18444-853
During the three months ended March 31, 2020, Dolphin Entertainment, Inc. (the “Company”) deconsolidated Max Steel Productions, LLC, a variable interest entity, (“Max Steel VIE”). Max Steel VIE was initially formed for the purpose of recording the production costs of the motion picture Max Steel. Prior to the commencement of the production, the Company entered into a Production Service Agreement to finance the production of the film. The Production Service Agreement was for a total amount of $10,419,009 with the lender taking a producer fee of $892,619. Pursuant to the financing agreements, the lender acquired 100% of the membership interests of Max Steel VIE with the Company controlling the production of the motion picture and having the rights to sell the motion picture. On February 20, 2020, the lender of the Production Service Agreement confirmed that Max Steel VIE did not owe any debt under the Production Service Agreement. The Company recorded a gain on extinguishment of debt in the amount of $3,311,198. In addition, the Company assessed its status as primary beneficiary of the VIE and determined that it was no longer the primary beneficiary. As such, the Company deconsolidated Max Steel VIE and recorded a loss on deconsolidation in the amount of $1,484,591 on its condensed consolidated statement of operations for the three months ended March 31, 2020. This transaction is the primary reason for a significant change in net income of approximately $2.4 million, from $0.1 million for the three months ended March 31, 2019 to approximately $2.5 million for the three months ended March 31, 2020.