$GNUS With that in mind, I submit the following: -We are well positioned to create substantial value -Our balance sheet is strong -The short sellers’ criticisms of our Programs highlight their own industry ignorance -The track record of our leadership team speaks volumes -Genius Brands is a long-term growth story Above all else, we are focused on long-term value. After working with Warren Buffett for 25 years and producing the children’s animated series with Warren to teach financial literacy (Warren Buffett’s Secret Millionaires Club), I've learned to focus on the importance of the basics: asset creation and value-building for our shareholders. On a personal note, I have not sold a single share, and in fact, have materially increased my holdings in the Company in the last two years. We take the views of all our investors seriously, and we and our board are committed to maintaining the highest standards of corporate governance and transparency." Statement from Andy Heyward 6/2020