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I have a totally different mindset. I am an investor but there are plenty of experienced traders still here. The best ones in my opinion. We will see who is right.
Agree with everything you said. This seems to be getting into stronger hands. The TA people are predicting a jump in price next week. Hopefully they are right. $MDNT.
Your becoming worse than BuyBio. So the stock went down deal with it. It seems like you want a support group or something.
No need to post here if you do not have a position. You sound like a broken record posting the same thing for days. This is not your typical OTC stock. It takes cash to scale up a multi-national business. I do not think you understand that in a matter of years, they are trying to go from a company with 2M or 3M in revenue to 200M+. There is going to be some investment needed to get there. This is not easy to do.
who is she?
Yeah I understand that they have no credibility. Still can impact a stock short term if people follow their opinions.
May explain some of the shorting we have seen lately.
Not sure if this website has enough followers to make a difference but I saw this today when doing some research.
Medient Studios, Inc. (MDNT) New Price Target & Rating: SELL 10 Day Short Term PT: 0.021 Cents Issued By Sierra World Equity Review Prior To Market Opening Monday, March 31st 2014
I doubt anyone will announce they are selling lol. They will just do it. Usually, as price increases volume increases too. Seems counterintuitive but true. People will sell at different times and are not going to put several million shares in a market order. They will likely sell a little at a time. At least that is what I plan to do when this gets near a dollar.
When we finally do run, will we need a pullback after running to .05 or .06? Or can we continue the run higher without a pullback? Thanks
I followed your lead and bought quite a bit more at .0219, .022 and .0229. Too good of a price to pass up. Never thought we would dip this low again. Looks like we may recover quick.
Manu called your bluff shorts. Slap that ask!! MDNT!
We will get there, have some patience. You would not have this opportunity if not for the dilution. You have to take the good with the bad.
He probably has a 5-10 year time horizon.
Manu Tweet!!!
Manu Kumaran ?@manukumaran · 2m
Just for the record - MDNT has 327883654shares issued and outstanding as of this moment. I am not selling a single share of mine below $5
Those shorts are going to get squeezed if that is true. Not much panic selling today at all. Discount shares are being snatched up.
He mentioned an acquisition of a video game company. Either a small one they could grow organically or a medium sized one.
What do you want to know?
I was listening.
Im not selling, still believe long term. Just not adding. I have enough shares already.
In the conference call, they claimed that the increase in volume was due to presenting at investor conferences lol. No mention on how dilution impacted the increased volume.
No buying for me after all today. This dilution is ridiculous. Raising cash flow is one thing but how much dilution do they need.
No volume so far. I will be buying later today. I am trying to sell some other shares.
Adding today if I can get shares in the low .03s. Have not added since this was .012 but feeling good about where things are headed. First time I am averaging up.
They will start off recapping the news from yesterday. Talking about the financials, the calendar, expectations for the coming year. Basically, whatever the company believes is important to talk about. They will open it up to questions at the end of the call.
We are moving up the most read boards quickly. 14th last I checked. Hopefully that is a really good sign.
I tried doing that but Scottrade would not let me.
How high do you think we run?
The company had to bridge the cash flow until they were able to release Yellow. It was obvious they would have to dilute some. I was hoping at higher levels but the company says their liquidity needs are taken care of. I doubt they will be diluting many more shares. See excerpt from the 10K below.
In 2012 and 2013 We generated revenues from the release of Storage 24, and the sale of prequel and sequel rights on the film. It is anticipated that accounts receivable therefrom will be paid to the Company in the third quarter of 2014. We will be releasing the film Yellow both domestically and internationally either late in the second quarter or beginning of the third quarter of 2014. In addition to the revenues generated by Storage 24, the Company has raised sufficient investor capital to cover the Company’s overhead requirements pending the release of Yellow. Upon the film’s release, the net proceeds of the film are expected by the Company’s management to not only fund the Company’s operations, but also provide capital for additional new film productions. The Company has completed or has financing agreements in place for the Property, and $40 Million in special effects, production and post production equipment and services. The Company is currently working to complete additional project financing for the construction of the Studioplex.
Did you see how we have over 800 shareholders? Wow! That's a lot for a company this size.
Totally agree with you. Great financials. We have a cash flow bridge to Yellow.
This section is the most key in my opinion. They say they have raised sufficient capital to get them to the release of Yellow. They expect yellow will fund their operations and additional movies.
LIQUIDITY
In 2012 and 2013 We generated revenues from the release of Storage 24, and the sale of prequel and sequel rights on the film. It is anticipated that accounts receivable therefrom will be paid to the Company in the third quarter of 2014. We will be releasing the film Yellow both domestically and internationally either late in the second quarter or beginning of the third quarter of 2014. In addition to the revenues generated by Storage 24, the Company has raised sufficient investor capital to cover the Company’s overhead requirements pending the release of Yellow. Upon the film’s release, the net proceeds of the film are expected by the Company’s management to not only fund the Company’s operations, but also provide capital for additional new film productions. The Company has completed or has financing agreements in place for the Property, and $40 Million in special effects, production and post production equipment and services. The Company is currently working to complete additional project financing for the construction of the Studioplex.
I think earnings will be ok but what I am looking forward to is the calendar and earnings call. I think MDNT has a lot in store for us over the next year.
I do not think I will be able to ask them all. I was just keeping a list that people posted. Maybe we can have people volunteer to ask two each or something.
I would be willing to call and ask a couple of questions but I will be watching my infant son and if he is going crazy I may not be able to. I think I will ask about revenue guidance and A/S if I am able to.
I agree, I was just keeping a list of questions.
Good article.
I just wonder how many of their movies could be made into games and how many of these games would be big sellers. I trust that Manu and team knows what they are doing. They have a lot of business savvy people on board. I just feel like there is enough there with the movie business and no need to complicate things with the game business. The gaming is not until phase 3 and so no need to think about it for awhile.
That's a good one. I wish they were not going into gaming. It is a hard business to make money in but maybe they will prove me wrong.
Here is a Running List of Conference Call Questions Mentioned on the Board:
1) Provide commentary on the authorized share increase.
2) Guidance range on revenues for yellow.
3) What is their plan to up list to the OTCQX? What is the time frame?
4) Commentary on what Manu is doing on MDNT's behalf on his 8 city trip?
5) How do you plan to pay off the 5.1M HEB Atlas acquisition debt?
6) How does Medient Intend to use the 300 MIL in Authorized Bonds that have been authorized for issuance through the Effingham Industrial Development Authority?
7) Construction Related Questions: 1) if the water tower on the site will be enough water to handle this entire project or if they'll be having to install new water AND sewer lines to the project and also a timeline for the water and sewer to be started and completed and how far they're going to have to install the lines to hook onto existing facilities. 2) are all roads going to be installed before construction begins on the studio? Will local contractors be working on the studio project and how many people will be employed as start up for this project? 3)The ponds that have recently been dug on each side of the current Medient headquarters...are there plans to buy those tracts of land? 4) The large cleared area that's on the site now...what is the purpose for it? 5) Will a lot of the pine timberlands be cleared for construction and will that money be Medients money or will it be the counties money? Very nice stand of timber on this tract that's probably worth many thousands if not a couple of millions of dollars.
8) When will the studio be up and running?
9) How do you plan to add the human capital for game production capabilities to Medient. Organically or my other forms of corporate partnerships?
Pretty big twitter buzz on $MDNT for a Sunday. I think we will rock tomorrow! Hopefully we see .05's.
The bonds are for the building of the studioplex, Prime focus equipment, etc.