Q: The assets of the shows were recently acquired by a publicly traded company in a reverse merger. Why did you do that?
A: We went that route because we now have access to the public markets. It’s a world that I’m very comfortable in, I’ve done it before. It gives us the ability to grow the way we want it to grow. It takes a long time to put yourself into a position to take advantage of that. And we’ve spent a couple years working on putting ourselves in a position to take advantage of the public markets and bring some amazing people into the company. We’ve been able to do that very successfully.
In the second part of the interview, Shamus echoes his previously stated worries about the industry’s lack of leadership:
But I actually feel very bad for the retailers right now. They have a very difficult situation ahead of them. I read a lot of their newsletters in terms of their struggling, their crises, having their worst sales ever. The problem is the comics industry has not taken a leadership position in helping these guys. Their sales continue to fall, they’ve been falling for a long time, and nobody’s taken a leadership position in helping these stores pay their bills. And I feel bad for them.