Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I think as long as we turn yellow into at least 15-20 million in cash, dilution will no longer be a concern.
Conference Call Questions:
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?
Yeah that was my other question. Some commentary on the authorized share increase.
Here are the questions I have heard so far. We can keep an updated list going.
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?
4) Commentary on what Manu is doing on MDNT's behalf on his 8 city trip?
I would like to hear some guidance on how much revenue they expect from Yellow in 2014.
Yeah I would assume we will get something. I just have no idea what Netflix or Showtime would pay for something like that. I guess there are probably some DVD sales too. Who knows...
That seems pretty reasonable. I was thinking somewhere around there maybe 16-18M equity would make sense. Do you think we will see any revenues from Storage 24?
what do you think will rock about them?
Do not forget that we are also getting a calendar on Monday. Manu reiterated we would get a calendar in March the other day. Probably after market close. I hope this runs on Monday into close that way we can hopefully avoid another gap up on Tuesday morning.
MMs are really manipulating this today.
I'm with you Gary. I am up almost 150% but am going to let this ride. I am only 27 years old and can afford to lose the money if it happens but the potential upside could allow me to retire at 35 and enjoy the rest of my life with my family. All indications are that Kumaran has things lined up and this project will become a reality. Next week will tell us where things stand for sure. If the studio gets built, its hard to see a market cap under 500M. I think it could eventually be much higher.
.02s almost gone. I think this will be the last day to get them.
I think because there are so few sellers. Everyone is holding their shares tight.
Looks like we are in jeopardy of gapping again. Hopefully, someone slaps the bid at the open.
I know someone from Morgan Stanley was on my call last week. The market cap of this company was about 30M.
I feel like questions usually provide you with the most information. It will also be interesting to see if any institutions call in. On my other microcaps that I invest in, usually individuals from a couple of institutions will call in.
Yeah, it looks like he is pretty talented writer. I would like to see him write something for Medient.
I think his son Brian Koppelman is somewhat big in the film industry. Maybe we will see him work with Medient in the future.
http://www.imdb.com/name/nm0002718/
It says a replay of the call will be available until April 15.
This is like night and day with how transparent they are being compared to a couple of month ago. Maybe Merriman is doing some excellent advising. Definitely building some investor confidence.
Yeah I took a larger stake in this company than I normally would at the lower levels due to the immense potential. Have not sold any shares yet. There is so much more clarity than a couple of months ago. I am surprised we are not a bit higher. More opportunities for buyers to load up.
I have been trying to convince some of my friends but they just seem to laugh it off when I tell them it trades for pennies.
Also, we should be getting the calendar today, tomorrow or on Monday. The float looks like it is locked up. We just need some buyers.
I will be interested to see how this trades today now that the gap has been filled. I would love to see us hold the 3's today. Nice to see a lot of new names on the board the last couple of days.
That's what I would assume but maybe he is mistaken.
Did you guys see this on twitter? Does that mean it will be on the next 10Q rather than 10k?
Adriaan Souman ?@DerSouman · 34m
@manukumaran Manu, will ATLAS be included in the upcoming 10Q? also is there a date set for release of 10 K/Q? thanks in advance. $MDNT
Manu Kumaran ?@manukumaran · 4m
@DerSouman Atlas was acquired in 2014. No specific dates for the K
Adriaan Souman ?@DerSouman · 2m
@manukumaran ok thanks.
Classic "tragedy of the commons" - individuals, acting independently and rationally according to each one's self-interest, behave contrary to the whole group's long-term best interests.
Its human nature, people want shares. They do not care about the gap.
I do not have level 2. Are there a lot of people bid sitting?
Wow! How does this company only have a 4M market cap.
Some more interesting twitter activity.
Jordan Michaels ?@JordanMichaelz1 · 3h
@manukumaran Is the plan for Medient to distribute "Yellow" and future films without a distribution partner? THX
Manu Kumaran ?@manukumaran · 1h
@JordanMichaelz1 we are exploring all options and will announce a strategy at Cannes - May
Jordan Michaels ?@JordanMichaelz1 · 3h
@manukumaran Dir Sir, I notice Atlas is very productive. Will Medient be updating shareholders regularly on the projects Atlas is engaging
Manu Kumaran ?@manukumaran · 1h
@JordanMichaelz1 yes.. we are in the process of consolidating operations..
The Effingham IDA approved industrial development bonds. There are several partners including Prime Focus providing the initial 90M for the studio. The bonds will be used to finance the building of the Studioplex.
http://finance.yahoo.com/news/medient-studioplex-receives-bond-approvals-123000115.html
Manu Twitter Conversation from Today. I think Manu is tired of people trying to spread false information.
MelanieGriffithFans ?@MelGriffithFans · 7h
@yellowthefilm @medientstudios @manukumaran Sad to hear that yellow won't be coming to theatres - it was a great film - all the best!
Manu Kumaran ?@manukumaran · 18m
@MelGriffithFans @yellowthefilm @medientstudios not sure where and what you heard but that's not correct
MelanieGriffithFans ?@MelGriffithFans · 7m
@manukumaran @yellowthefilm @medientstudios oh that's such good news - heard that no studio would release it - I personally loved it!
Manu Kumaran ?@manukumaran · 5m
@MelGriffithFans Yellow will release this summer
I am not sure why people keep saying an April release for Yellow. Manu said on his twitter awhile back that it would be released in the summer. I think we would have heard something if it was going to be April.
Yellow is what could take us to the next level. If the company can report profitability and major cash flow from Yellow in 2014. That is what will get us moving back toward dollars. Dilution will no longer be a lingering concern once we get that cash flow of 15M+.
They are participating in the "Spotlight Category" for films with distribution. From what I understand, I do not think they are eligible for the awards but it is used to showcase excellent independent films that will be released soon.
Yellow is playing at the Florida Film Festival coming up in early April. See link below.
http://www.floridafilmfestival.com/program/films/yellow
I guess only part of that is the facility and some is the equipment. So maybe a 15M savings?
Manu said in his press release that this will result in a 36% reduction in construction costs. Does that mean it will still cost 90 million? That would be great if we get the same facility for 60 million. Less interest payments on the bonds.
I wonder if any of the board or Manu himself will start scooping up shares once the trading window opens after the 10K release. Hopefully Koppelman decides to take a large stake. At a 4M market cap, this stock is not getting any cheaper. That would be pocket change to Koppelman.
I am surprised by how many people are selling their shares for so little. Can you imagine the type of press coverage the Studioplex will receive as it gets closer to being finished? It will not be local Savannah news but larger national media outlets. Patience will be rewarded!
Sounds like they have more in the pipeline than we thought.
Did you guys see this article? Manu says they will be shooting a movie in Georgia soon.
http://www.wsav.com/story/25038758/medient-studios-strikes-deal-with-contractor-to-build-massive-sound-stages