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The believers are still buying and the nonbelievers are selling! I picked up 1.3 million more today @ .0005. I am a true believer holding 9.3 million now and I will keep buying them at these levels. I have done a tun of DD and have talked to Mike on the phone many times. I know what I own and I know where GDSM is going. If it takes months more, ill wait, I know this one will run soon enough. You can believe it or not! LONG & STRONG!! GDSM=$$$
How can you say it did nothing when it's not even over yet?...lol Mike will come back with a lot more connections and hopefully some deals for us. To say it did nothing when it not even over yet tells me you are bitter about this stock. Give Mike some time. Big companies are not built in a few months...lol He is doing a great job in my eyes. I think you will be very happy in the end if you can hold on for a little longer. IMO GDSM=$$$
Some amazing updates are coming! Get you shares now before they do. Easy money here at these levels. Buy now and just wait. It's that easy!! GDSM=$$$
If people had a clue what was coming for GDSM they would be buying all that they can. They would buy now and just wait like I am! This one is going to catch a lot of people off guard! Mike has bigger plans then most people even realize! Get the cheap ones now before there all gone! GDSM=$$$
This week should be very interesting for us!! GDSM=$$$
Twelve months ago, investing in Medient Studios Inc (OTCMKTS:MDNT, MDNT message board) didn't seem like a really bad idea. Of course, it had its risks, but the company had some money in the bank, they had quite a lot of film assets and they generated $1.9 million in sales during the first half of 2013.
The revenue stream wasn't all that consistent, but the management team (led by Manu Kumaran) were insistent that with the Studioplex project underway, the future will be quite a bit different. Even the Effingham County Industrial Development Authority promised that they'll help MDNT finish the state-of-the-art facility and, as a result, the price soared above the $2 mark. The share structure wasn't too bad and people thought that the ticker has what it takes to sustain the pressure at these levels.
It's amazing how quickly things change in Pennyland.
Slowly but surely, a problem that is quite common among OTC companies started to rear its ugly head. Signs of dilution appeared in the report for the second quarter of 2013 and the price began sliding down. Then, the pumpers came along and did nothing but accelerate the fall.
Suddenly, the 52-week high of $2.33 per share seemed too far away, but unfortunately, the slide was still in its initial stages. With the printing press firing on all cylinders, MDNT slipped below $0.10 per share in November and continued sinking at a rapid rate. By February 2014 it was already under the $0.01 mark and over the following four months, it incinerated another 86% of its market cap.
Undoubtedly, MDNT was one of the worst performing stocks on the OTC markets, but was this really all that surprising?
Considering the catastrophic dilution and the recent fiasco around MDNT's CEO, we can safely say that there was little to entice investors into jumping in. As we mentioned in our previous article, Manu Kumaran was ousted from the company and his seat was taken by a person called Jake Shapiro (whose CV raised some questions around MDNT's future).
Mr. Kumaran said that he will sue the company and the people who removed him from the helm and on June 23, he filed a complaint against MDNT, Charles Koppelman (the new Chairman of the Board), Mr. Shapiro, as well as a few other individuals.
On the very same day, the new management team announced that somebody has been hacking into their website without their permission. They said that they, themselves, plan to take some legal actions against the perpetrators. In the meantime, the stock was plummeting and people were getting more and more enraged by the whole thing.
A few seconds before Wednesdays opening bell, the SEC decided to put an end to the farce that MDNT has become over the last few weeks. A suspension order was issued as a result of which, investors won't be able to trade the stock over the next fourteen days. Trading will be renewed on July 10, but it will most likely be carried out on the Gray Market and MDNT will probably experience another heavy drop once it reopens.
The truly sad thing about the whole fiasco is the fact that the shareholders are the ones who will have to suffer the consequences. Some of them have already lost a colossal part of their investments and right now, the chances of recovery are looking slim (putting it mildly).
It is indeed sad to see so much money go down the drain, but at least yesterday's suspension should serve as a really good example of how risky penny stocks can be. Hopefully, most of our readers managed to get out relatively unscathed.
http://www.hotstocked.com/article/86942/it-s-the-end-of-the-road-for-medient-studios-inc.html
250,000 here. Long & strong!!
WEEDSTOCK CANNABIS INVESTOR CONFERENCE coming up on the 29th!! BIG things happing for GDSM!! Buy now and just wait!! Long & Strong!!
It was a wild and crazy show today that kept people at the edge of there seats. You just have to love the happy ending!! Everyone who bought today it was a Great move and if you sold today SORRY for you!! MINE=$$$
Looks like it's going to be a good week for us!! GDSM=$$$
NON believers will be believers soon enough! This one is playing out is a way that is a dream for us longs. We had plenty of time to load for the run that we all know will be here soon! DD is the key to this one. I have done mine. Have you done yours? Long & Strong! GDSM=$$$
We have a big week a head of us! Load now & just hold and wait it out!! It's coming!!! GDSM=$$$
Things are starting to happen! Get you shares now before you have to pay a lot more for them! Load & Hold!! GDSM=$$$
Those who sell now will feel foolish later. This is the loading zone, Months from now all of us longs will be real happy we did our DD and hung in there! This one is going to surprise a lot of people and make all the believers rich. LOAD & HOLD!!
GDSM=SSS
Full text of Kumaran's statement:
"A number of illegitimate actions, in my view, have occurred over the last 48 hours, which have allegedly removed me as an Officer, Chairman of the Board, and majority voting rights holder of the company. In my view, these matters should be more comprehensively discussed in a forthcoming 8K. Bear in mind that the 8K filing is from the perspective of those persons who have taken these actions against me. I intend, as promptly as possible, to take such legal actions as my counsel deem appropriate to reverse the actions against me. Needless to say, Medient is my baby and I am stunned and deeply saddened by the events of the past 48 hours but this isn't over just yet. ~Manu Kumaran"
UPDATE 8:04 p.m.: Kumaran is referring requests for further comment to his lawyer, Los Angeles-based attorney Armin Azod. Azod is also declining to comment. The California State Bar's website describes Azod as specializing in intellectual property law.
http://www.gpb.org/news/2014/06/11/medient-ceo-manu-kumaran-says-hes-out#
What people don't understand here is that Mike is building all these great sites and has not started promoting any of them yet. 800 members on MJ-Xchange.com with out promoting it. I don't think that is bad at all. Once he gets all his sites up and going you will see him start promoting them all. He is just lining his ducks up first and getting them ready. When people see where this is going in the next few months they will be loving it. What I'm trying to say is they are still working on the sites and trying to get them to where thy wont them to be before the big promotion push. This stock will surprise a lot of people real soon. It's truly a loading zone time right now!!
LONG & STRONG!! $$$
Who ever sells now if a fool! Look at the history of this stock over the years. It spikes all the time for no real reason way higher then where we are now. Now we have a real reason for it to spike up and it will. If your not desperate for cash right now DO NOT SELL!! You will kick yourself soon enough. There is so much happening here. I have been in this one a wile now and have see everything unfold just like Mike said it would. His plan is coming together really nice IMO. It takes time to build up a million dollar company. It don't happen in a few months like lots of people here think. The PPS coming down and staying here is a real blessing for all of us longs that have the funds to load more and more every time it dips. I really believe we struck GOLD with GDSM this time. Mike is what GDSM needed and we got him now! GDSM is a whole new company with a whole new leader. The PPS will not stay in the trips for much longer. Get what you can now before it will cost you a lot more for your shares. This one is going to shock a lot of people!!
LONG & STRONG!! GDSM=$$$
Good things come to those who wait. The ones who get out now will kick them selves later. We have a sleeper here. Wait it out. She will wake. Things are building all around us. It will pop under the pressure soon. Believers will be rewarded. Bashers will disappear. Life will be good. Hang in there. The pps are not going much lower from here. Plenty of room for it to go up. Not much more it can go down. Don't kick yourself later!!
I have 100% Confidence in Mike (our honest new hard working CEO that's getting stuff done all around us) and Barbara (our professional hard working webmaster that makes real high quality websites at a super fast pace) These guys know what it takes to build a business and that don't happen over night. They are getting it done one step at a time and at a fast pace. The PPS will follow soon! Do some DD and hang in there! LONG AND STRONG!! GDSM=$$$
MEET OUR CEO THAT'S GOING TO MAKE THIS ALL HAPPEN:
Michael F. Shea, CEO, Director
Mr. Shea has more than 25 years of Corporate Finance experience having held senior positions at Citigroup, ABN Amro, GE Capital & Bank of America.
Shea’s background includes mergers & acquisitions, capital raising, structuring finance, restructurings and investor relations with for Fortune 1000 companies (e.g. Massey and URS), as well as, junior miners (e.g. Imagin Natural Resources and St. Cloud Mining). Mr. Shea’s experience has also included a position as Chief Financial Officer for a small-cap junior mining company listed on the TSX Venture Exchange, with full responsibility for audits, Exchange reporting, legal, investor relations and capital raising.
Mr. Shea’s success at structuring and completing capital market transactions for billion dollar companies will be a benefit to the company.
Mike is doing it right & getting it done quick imo! We are in good hands with him. A business takes time to build. Anyone who expects this to happen over night is not thinking logical. I have seen so much progress since Mike took over as our CEO. Longs will be real happy soon!! It's just a matter of time!! LONG & STRONG!!
Like I have always said us believers will be rewarded and the non believers will wish they had been believers soon enough. Mike & Barbara are the whole reason I'm weathering this one out. I believe in what they are doing and how much they have done so far. Companies don't make money right when they start out. This company just started when Mike put his plan into motion. I see where they are taking this one. Everyone will be real happy in the end. My advice to everyone is to buy now and just wait it out! LONG & STRONG!!
Welcome aboard!!
GDSM #27 on the Breakout Board right now!!
The believers will be rewarded here! Non believers will wish they were believers soon enough. GDSM is going to make a lot of us real happy soon!! I believe in Mike and what he is doing 100%. He has done so much already and he has so much other stuff in the works!! If it takes a few more months or even a year I'll still be here. I have enough shares here to change my life. It's well worth waiting for!! LONG & STRONG!!
I have Scottrade too and when they stopped letting you buy GDSM I opened up an account with Fidelity just for GDSM. I still use my Scottrade account for my main account. Fidelity accounts are easy to open online and only charge $7.95 a trade. I believe you can open up an account with any amount of money and start trading right away. If you have to wait 5 to 10 trading days to buy you might not get these cheap ones. Good luck! GDSM=$$$
The people who really did there DD have no worries at all buying at these prices. We all know what is going on here. We are all happy to be loading them at these prices. If it goes lower we will just load more. It will definitely be a happy ending for the longs that kept loading. The fuse is lit!.....
GDSM=$$$$$$$$$
I would be in for 10 million more for $1000 with out a doubt. I might even get 20 million more if it goes that low. I don't mind waiting it out. I'll be having fun with MJ-Xchange.com while I'm waiting. Our day will come. I'm not worried at all with Mike and Barbara steering the ship!! LONG & STRONG!!
If you did not hear yet Mike totally updated GDSM's website. It looks GREAT!! Check it out http://www.gdsmholdings.com/
GDSM=$$$
WoW!! Mike is getting stuff done here! We are all so lucky to have found this one this early in the game. Lot's of news still to come.. Load now and just wait!! LONG & STRONG!!
It's coming for sure! Load now and just wait! GDSM=$$$
MadDog that's exactly why there not saying who the banks are. I talked to Barbara about this and she said they worked real hard putting this all together and she said that they will not make it easy for someone else to come along and copy what they are doing. There looking for the big head start on everyone. They know what they are doing. The PPS will follow in time. I'm not worried at all about not knowing the banks yet. LONG & STRONG!!! GDSM-$$$
Big day tomorrow! get your market orders in before the bell. Expect a gap up from the pre market PR about MJ-Merchant.com launch. MJ-Merchant website is live now and looks great!! http://www.mj-merchant.com/ GDSM=$$$
I HAVE A STRONG FEELING TOMORROW WE SEE NEWS! LOT OF STUFF IN THE WORKS HERE!! THESE PRICES ARE A GIFT RIGHT NOW!! GDSM=$$$
BIG WEEK THIS WEEK! NEWS COMING! LOAD NOW & JUST WAIT!! LONG & STRONG!!
I picked up another million @ .0005 today. Thanks for the gift! LONG & STRONG! GDSM=$$$
LOAD NOW AND JUST WAIT IT OUT. IT'S COMING SOON!! LONG & STRONG!! GDSM=$$$
LOAD NOW & JUST WAIT!! GDSM=$$$
fishmanszmit I'm with you one this journey. I have 3.4 million shares and will be buying 1.6 million more of a total of 5 million for the run. This will run soon with Mike as the CEO. If it takes weeks, months or even a year I will wait. The money we will make on this one will be well worth the wait. Building a business from ground up takes time. People loose a lot of money in penny shocks because they don't want to wait it out. They have to have it now. If they don't get it now they sell early for a loss then bitch about it. I know what I own, I have done my DD, and I know how these penny stocks work. I'm holding strong and buying as much as I can afford. This one is the real deal. Believe it or not our CEO Mike truly cares about his reputation and his share holders. I have talked to him many times. He is real down to earth and will talk to you with a lot of respect and Compassion. He is very genuine. People will see the light real soon! Long & strong! GDSM=$$$
Don't feel sorry for me. I'm averaged at .0009 right now holding millions of shares. Im buying more Monday to averaged down a little more to .0007. Im loving what you bashers are doing to this stock. It's giving me time to load even more. You are going to help me get rich...lol YOU have to know that building a NEW business from ground up takes time and if I have to hold my shares for a few months to make 1,000% on my money no problem. I can wait. You have to do your DD. Dig deep with your DD to find the truth! These prices are a gift right now!! BIG NEW IS COMING!! LONG & STRONG!!
BUY - BUY - BUY before it's to late!! Don't buy in the teens. Buy them now and just wait!! Lots of things are in the works!! LONG & STRONG!!
NEW Honest hard working CEO
Mr. Shea has more than 25 years of Corporate Finance experience having held senior positions at Citigroup, ABN Amro, GE Capital & Bank of America.
Shea’s background includes mergers & acquisitions, capital raising, structuring finance, restructurings and investor relations with for Fortune 1000 companies (e.g. Massey and URS), as well as, junior miners (e.g. Imagin Natural Resources and St. Cloud Mining). Mr. Shea’s experience has also included a position as Chief Financial Officer for a small-cap junior mining company listed on the TSX Venture Exchange, with full responsibility for audits, Exchange reporting, legal, investor relations and capital raising.
Mr. Shea’s success at structuring and completing capital market transactions for billion dollar companies will be a benefit to the company.
Things are looking REAL GOOD with GDSM right now. Load and hold! Big news is coming! Don't buy in the teens. Get in now!! LONG & STRONG!!