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Any advise other than Jakes should be more than welcome IMO
Absolutely! This is so much more than a penny play. Read between the lines and look long term! The level of professionals on board is truly magnificent!
DD ON DAVIDSON!
This is from a very astute investor I know, also Koppelman connection. This is big:
Davidson resigned this position, following the restructuring of the distribution interests into MGM-EMI, to form Davidson Dalling Associates Limited, as a specialist entertainment PR consultancy, in August 1970.
"Thorn-EMI Gets SBK for $337 Million - New York Times
http://www.nytimes.com/1989/01/06/business/thorn-emi-gets-sbk-for-337-million.html
Jan 6, 1989 ... LEAD: Thorn-EMI, the British conglomerate that owns Capitol Records, ... Swid, Martin N. Bandier and Charles A. Koppelman bought CBS Songs, ... Artists, which owned outright many of the songs written for the classic MGM ."
Since that time, dda (the name was changed to dda Public Relations Limited in 2003) has become the most successful entertainment industry public relations consultancy operating on a global basis.
dda Group companies are now involved with event management, marketing and creative services.
Davidson served on one of the six committees that formed New Labour's Film Policy Review.
He is a Fellow of the Institute of Public Relations,the Institute of Directors and the Royal Society of Arts, a member of the Academy of Motion Picture Arts & Sciences, of BAFTA UK and LA, and the Variety Club of Great Britain (he held the pro-bono position of Press Guy for Variety Clubs International for a six year term). "
It's a tough one my man. I'm still long thinkin years not days
Haha outstanding. Have fun today guys. Some big players flipped this for the bottom play. So this was bound to happen. I'm chillin' like a villain, just waiting. Big things to come imo.
Noooo! Lol
Hear that man. Half goes at first sight of resistance over .03. The rest is going long until 2018 or so. All plans subject to change lol
Member mark #1 for you! Nice comment.
See I think we have a good mix. It's like good cop, bad cop on twitter lol.
If that loan get's approved this will not be at these levels or even close for the rest of the year IMO. The construction loan for phase 1 is in my opinion the biggest catalyst coming this year, other than maybe Yellow doing exceptionally well.
Holy shite that got absorbed well
I know CDEL routes for Etrade atleast sometimes. Why in the hell would you be selling when dilution is just startin to let up. Beats me BB
I see BMAK moved off the ask. Now for vfin :)
Sup BB whatcha think about his dilution? Every time I think it's close to done.... Millions more. Wish they would just show how many so we could get it over with lol
10 Mil Bid whack and not any movement. Suck up those shares!
I bet the pr is next week like he said and tweeted that for shareholder value. PR better have more info than that though lol.
Yessir
Seriously... This is kind of ridiculous. Gotta be impressed with the support though. Immense.
Surprised this has not been said yet but.... Our big diluters have pulled back and some are no longer on L2
Wonder if this has any hidden benefits for MDNT?
www.virtual-strategy.com/2014/05/30/ifunding-adds-three-senior-members-its-crowdfunding-team?page=0,0
Interesting
Short selling is only reported once a month by finra. So that i an algorithm that tries t guess the short volume based on trading action. Unfortunately Dilution screws with the algorithm and indicates short volume. I doubt there is many if any shorts here. Too low to chance it
Not a veteran trader but I can say the typical reason in the otc to reverse split is the ability to increase the A/S again. Or atleast that is the stigma. Hard to find one that r/s's and then goes up afterwards. If he brings it back to .o4 cents or so and they are doing awesome financially and he wants to r/s to get listed on the nasdaq. Then that is completely different. Don't think that is what everyone is concerned about.
That is what I was thinking. Possible trying to leverage Yellow revs against the loan? Eitherway, you don't get alot of money by diluting at these levels. So either he has to have it now or someone else is doing it (converted notes). Third and least likely option is he is bat shit crazy lol.
Okay so I looked at this part:
NOTE 9 – RESTRICTED NOTES
During the three months ended March 31, 2014, the Company issued $1,087,000 of Restricted Notes. Of the Restricted Notes $247,661 were converted to common stock during the period. The balance of Restricted Notes as at March 31, 2014 was $1,805,339.
Annual interest rates on Restricted Notes range from 0% to 12%. Accrued Interest as of March 31, 2014 on the Restricted Notes was $23,644
NOTE 10 -AGED DEBT
During the three months to March 31, 2014, the Company retired debt with the use of Aged Debt in the amount of $911,480. Of the total Aged Debt, $1,252,403 was converted to common stock during the period, with a balance outstanding of $276,459 as a March 31, 2014.
So When I looked at that I figured these were The shares that brought the O/S up to 660 mil. Granted this is all of March 16th so my opinion was alot of the other notes payable have been converted to shares since. See below
Lender
Date of Loan
Due Date
Original Principal Amount
Principal Balance Only
Balance with Accrued Interest
Film
Prime Focus
10/1/2013
10/1/2016
3,764,000
3,764,000
3,764,000
Yellow & New Projects
Tommee May
5/18/2011
Post Release
180,000
180,000
180,000
Yellow
AMAG
9/13/2011
8/13/2012
1,000,000
687,764
1,033,827
Yellow
Derreck Lee
5/1/2011
Post Release
500,000
600,000
600,000
Yellow
DDA
3/19/2014
3/18/16
120,000
120,00
120,000
N/A
$5,351,764
$5,697,827
Anyway it's all just a theory from me becuase I really can't see a better explanation. I would love other opinions on this.
I will have to confirm on the 10q as well. My opinion had been that him paying off the debts for yellow was through note holders converting the loan to shares. Like I said, I could be wrong, time to do some homework and find out. Just entered here a week ago so I might have missed something here
The problem is, I truly believe there is nothing he can do about it. I think most if not all of this is from the toxic debt being converted. Unless there are some sort of rules in place for the conversion and selling from the agreement. All he can do is sit back and kick himself for financing with that crap. Of course I could be off but that is how I see it. Seems like this should be done pretty soon though.
Yeah it sure looks like a last ditch effort to get rid of remaining shares. We will see though.
Finally, some logical thought around here. Think long because short term isn't pretty. Big picture, this is an easy choice IMO. The price reflects no financing for the project. If financing for first stage is secured, this becomes speculation valued based on potential earnings of the studio (which I believe is alot) and no longer a "is it even gonna happen spec play". That is why I am in now. Because in my opinion, if that financing PR hits, this will not be anywhere near this level at open of that trading day.
Agreed. Since we are so close to the 52 week low this becomes less of a roulette gamble and more of an educated bet. Still can lose it all just like any stock but I like my chances here. Confirmed financing from a bank for the project in the sum of 40 million dollars will completely change this stock and the opinions of many. As Manu said in the presentation today, once phase one is completed, ( the studio) revenue will start coming in for the project. Investors are lined up for the next phases. They just need to see proof Manu can make this happen. I personally feel he can. Good luck to all of you and I hope we all make some money on this, flipper or long :)
This presentation is pretty good so far. But the slides aren't playing for me i guess because there isn't one. Showing the video of mediaplex right now from the sounds of it.
Sorry forgot to include the email address Rankin1983@aol.com
Very well said. Shoot me an email when you get a chance I want to send you something that came from our previous conversation on this board.
Two well knowns on the board now. Starting to see the plan to get investors to buy the industrial growth bonds come together
Wtf lol David paterson on the board. I am just like wow lol.
The release date will be released that is.
Manu tweeted that Yellow release date is locked and it will be released next week :/
I sent this to them through the website 2 hours ago:
The article release today regarding the Mediaplex project today raised some good questions about the future of this project. However, it fell short by focusing almost entirely on the negatives of this project. The impact of this project if it comes to fruition would be absolutley massive for Savannah. That should not be overlooked and I hope to see a more objective exploration of Medient in the future from you. I hope this is taken as contructive critism because I do enjoy this website and the great job you all do.
I wonder of he changed anything else, I will have to read it again.
Got some more at .0026. This now has my full permission to fly lol.