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There is no $40M!! Medient has their first lease payment in 2015 for $555,555. The prime focus partnership is expected to bring the $40M in equipment necessary to begin work at the studio.
Somebody get this man a drink!! I'm with you on that after today. You've never made or lost anything until you sell, thank god!
OTCs After Hours:
It's illegal to have an opinion now. I like it. LOL!
I believe you mean 10c per share.
If you believe in MM signals. We have had probably 30 100 share trades at the bid and 5 or more 200 share trades at the bid. I smell something fishy.
Lookout below, we're about to crash. I'll be loading the cheapies.
Did that flip the par sar?
Real fishy.
With their location, which I really liked. Let's see how the market reacts.
Already on the call waiting for it to begin. Big things coming out of MDNT. Should be in for a great few weeks/months.
MDNT long
And if it does go to .0012 I will be eating up all the cheapies.
Prime focus is priority 1 in my mind. Have you seen the films they have worked on? Gravity is only the beginning of all their great work. They have a $5B market cap. I just thought it would help to acquire a company that specializes in gaming.
Did anyone else catch this? " Finalization of Technology Partnerships for the Studioplex-April" PartnershipS meaning more than one. Let's hope those new shares issued are for a gaming acquisition.
What about the revised 14C? I believe there was an 8K with that same number on it too. That's awful copying and pasting.
There hasn't even been 187M shares traded in the last two weeks.(Time in between filings) There has to be a mistake on one or the other. The only way this is not in error is if the shares have not yet entered the float. Hopefully they have been copying and pasting poorly and the OS has been 327M for awhile now.
This was the only part of the letter that needed to be sent lol. Great job Manu! This makes him look like a cut above your average CEO, especially in pinky land.
You called it. After the OS was the same for many months of the "dilution" talk I didn't believe it. Good call.
For anyone scared about the OS, this still leaves us at less than a 10M market cap.
Then there must have been misinformation filed with the SEC. As of January 22nd-March 17th the reported OS with the SEC was 140M. All of those shares you are referring to were issued in 2013 and should have already been included in 140M we knew about.
Yeah, 187M new shares in exactly two weeks cannot be accurate. Might be accurate now, but that OS 140M on March 17th DEF14C cannot be correct.
Not a rumor, in the 10k
Balance sheet and cash flow look great!!
Wasn't expecting an inflated OS number like that, but it's part of growth. 187M new shares in a few weeks is crazy.
Putting up a fake wall does not indicate dilution. That is the game that market makers play every day. Use SEC filings to find dilution. None here since January.
Lol VFIN will get knocked off in a few minutes. Proof of dilution will come in sec filings.
The OS will increase at some point. Just because the stock is red, that does not mean dilution is taking place. People here are so quick to jump ship.
Completely agree. Games are being played to allow MMs to load. Get ready for a buying frenzy near close.
LMAO! OF course it does. Every time this stock is red people go screaming dilution. OS hasn't changed.
Agreed, there will be fake walls and MMs will play their games. When the buying pressure comes, it won't matter.
There he goes.
VNDM can't be sitting behind very many shares. He will bail quick.
Almost 20% short volume in our last two sessions. Very surprising if this info is true. I don't see any reason to short this right now. Any shorts out there are in trouble.
http://otcshortreport.com/index.php?index=MDNT&action=view#.UzjBbxko4m8
I believe we will see something to do with prime focus on the 10k. We will have to wait and see.
Is it Monday yet?
When the 10K comes out, and people see the progress being made this should explode. 4.2M Market cap is a total joke. This SHOULD be upwards of 15M even before the 10k is released. Market will correct in due time. Buckle up!
On a side note, don't bash me for helping you do YOUR due diligence. 140M shares X .03 per share. 4.2M market cap.
Incorrect. Our market cap is just over 4.2M.
In my opinion a $250M market cap is very realistic in 6-8 months. Look at some of the competitors in the industry, and market cap of 1+ billion is very possible in the long term.
Currently there are 140M OS, you do the math. Big money to be made here.
MDNT long.
Completely agree. Stocks run hardest when RSI is above 70. However, because RSI measures overbought/oversold situations, an RSI above 85 or so may cause a pullback because the stock is overbought. This will cool it back down below 80 before allowing the stock to run again. I intend to sell blocks of 150k or 200k shares when RSI runs hot in hopes to rebuy at a lower price. We are not even close to that point yet. Every one of my shares are locked until at least 10c.
Short interview but very good info. Stuff we already knew but impressive none the less. Tornado proof, hurricane proof, and fireproof. Ridiculous!