Jun. 4 at 3:55 PM
$TOON OH MY GOD! 🚨 Absolute checkmate for the bears! Look at the financial breakdown! 📉💀
WHILE the uneducated basement bears are panicking thinking Kartoon Studios has to pay a settlement, the federal court document shows the exact opposite: Kartoon Studios (
$TOON) IS GETTING PAID
$3,550,000! 💰🔥
Let's look at the facts:
$3,550,000 total gross payment is going straight INTO the company's treasury.
An initial payout of
$1,775,000 cash will hit Kartoon Studios' bank account within just 2 business days of the Court's approval.
The remaining
$1,775,000 is already secured in escrow.
This is a massive injection of non-dilutive cash right into the balance sheet. Millions in fresh cash, plus the 20% operating cost cuts, plus the ElevenLabs AI revenue machine.🎉🎉🎉
