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That's the old OS. Current OS is 140M
Over 250 films.... That's a pretty good sized library.
I noticed that too, great point! Very real opportunity there.
This change will not take effect until April 7th or later when filing is made with NVSOS.
This allows the CEO to convert debt to equity. We all knew this was coming. OS has been the same for months. I'm sure we will see a PR about it.
" Based on 140,418,483 issued and outstanding common shares and 10,000,000 issued and outstanding preferred shares as of March 17, 2014"
Still no additional dilution.
.015 is up! Let's see if today is the day.
I believe Yellow will yield huge revenues and will get more eyes on Medient as a whole. I was only contesting some basher comments.
I don't care about how bad it is. I care about revenues.
I like how you say fact at the end when nothing you said is factual. It is an opinion. We will see who is right tomorrow.
If we can test or break 1.7c early in the day I expect massive buy pressure. This would confirm what I see as a double bottom reversal pattern. GLTA
MDNT long!
Great work DPS! Tomorrow cannot get here soon enough.
"We intend to file an amendment to our Articles of Incorporation with the Secretary of State for the State of Nevada effectuating the above actions. Pursuant to Rule 14c-2 under the Exchange Act, the actions will not be effective, and the Amendment will not be filed, until twenty (20) days after the date this Information Statement is filed with the Securities and Exchange Commission and a copy thereof is mailed to each of our stockholders. It is presently contemplated that such filing will be made on or about March 17, 2014."
From sec filing pre14c filed 2-13
That conversion has not yet occurred though so it is not included in OS. Should occur Monday.
Yeah 660k in equity for just over 10M shares.
500M AS 140M OS
8K filed with the SEC. Expected to be executed Monday when DEF14C should be filed.
Already tons of that has been done. I believe it is in the ibox.
Don't forget! The CEO is converting 660k in debt to equity at 6.4c per share. This conversion is scheduled to take place on Monday or when DEF14C is filed.
The Atlas owners also converted at a huge premium to market value. Only 5M shares for a profitable company that completes a big piece of the Medient puzzle.
Both of these parties know way more than we do, and I expect we will see why they converted at a crazy premium this upcoming week. Is Monday here yet?
MDNT long!
500M AS 140M OS
Here it is...
"Medient has initiated pre-construction activities on the site. Construction is scheduled to start on the 1st of December 2013. The schedule plans for completion of the first set of sound stages for filming by the 31st of March 2014."
From the IDA website.
I read somewhere that when the plan was to begin in December they planned on having sound stages and other things ready by end of Q1. So by their math it would only take 4 months before they could begin filming and editing there. We will find out so much more next week.
MDNT long!
I think I may cry... This chart is so beautiful...
MACD crossed zero today, which just adds to the list of buy signals.
Next week is the week. Enjoy it.
LMAO! He's obviously shorting or sitting on the bid.
350k shares gets us to 1.3c, slap that ask!
VFIN isn't even on the ask. He's down at .0155 VFIN is not the problem.
Excellent DD! Anyone new should take a look at that. This is a ground floor opportunity.
VFIN has let it go, sitting at .0155
I don't think it's a coincidence VFIN is up at .0127 let's get some ask slapping. Pay up!
It just takes a little buying pressure and he bails. Not many shares left, building up to next week.
I will also be adding to my position today. These prices will look ridiculous next week.
Bullish harami formed today, along with a higher low. I'm expecting a big move on Monday, but wouldn't be shocked if we saw some movement tomorrow. Let's see if they file a DEF14C on Monday and allow Manu's conversion.
"It is presently contemplated that such filing will be made on or about March 17, 2014"
They must be using the previous OS of around 41M. 10K will clear that up.
Also due to the low at 1.1c we continue the triangle formation with 7 consecutive higher lows. The bullish harami is icing on the cake. Double bottom reversal pattern with a triangle on top. This is about as pretty a bottom reversal chart there is.
If this holds, it will form a bullish harami. Very bullish.
Alright VFIN, let's see how many shares you are hiding behind.
MDNT long!
Best I've ever seen L2 on MDNT. Huge bid support at 1.1c and super think ask to at least 1.4c. Maybe we can get a nice afternoon run.
I don't like to speculate on pps. Do your own DD. After my personal DD I believe a $250M market cap is very realistic in one year. If the OS stays at 141M then I believe $1 or more per share is very possible. I am long and optimistic here, but with all they have going for them we won't be down here too much longer. IMO
Bids don't seems to be getting filled. If anyone wants shares, you're gonna have to slap the ask for them.
That should be the Iceberg bid to hold LOD above .0105 thus continuing the triangle forming and the top of the double bottom reversal pattern. After a close above 1.7c that will confirm this.