Good Luck
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.
How will that change? I am a shareholder and I am DOWN 80% on my investment. Moreover, company has not answered my questions about the dilution.Even PR lady doesnot have answer
I may not look that smart but I am not stupid....
These are all old news and Manu is trying to capitalize on this by selling 5 billion shares....
Not that they are not disclosing...they are actively engaged in hiding....
Doc, every one is welcome here...no one has monopoly on ideas or the charts!
The fact that company is moving to raise A/S by 5 billion without giving any solid reason to shareholders is the disservice by management to shareholders!
Me too. It is tragic that Manu is just killing shareholders....
02/03/2014 14:23:17.000 02/03/2014 14:23:17.000 TRADE 0.0095 200000 OT
Did you take your profit?
May be all market makers are shorting as they have better view of the order flow than many of us.....
02/03/2014 10:16:52.000 02/03/2014 10:16:52.000 TRADE 0.01 126956 OT
02/03/2014 10:17:20.000 02/03/2014 10:17:20.000 TRADE 0.0103 2055556 OT
You can say whatever you want to! The fact is there is not a single winner here in the MDNT board must make you realize that the thinking needs to be changed. But go ahead, keep on loading UP and dreaming...good luck!
Stock Market is a game of assumption! You are ASSUMING that MDNT is going to go up from here!That is no different that my trying to understand/assume reasons for moving A/S to 5 billion. Moreover, recent Volume strongly suggest that millions of shares are being issued to Atlas/TCA/OTHER Investors at well below 0.01(and those people are selling those shares to u and me)
Also the fact is, something fundamentally has changed for shareholders here. Now, it is up to you to accept this fact and try to find out the truth or just keep on buying-hoping(assuming) that things will get better...is totally up to you...
You are right! It is 500K. And so, I think they are issuing 1 billion shares to Atlas...Now it makes sense to move A/S to 5 billion....
Will be out soon! They are already out with one..moving share count to 140 million from 40.(and stock went down 50%) They want to let shareholders catch some..breather...before announcing more dilution...
Not so good for shareholders! Whenever the Company dilutes shareholders to finance their business..without management investing much....it is very questionable. Also they could have financed purchase without diluting...ie issued warrants or something..
I am not sure but I think Atlas is being issued 100 miillion shares at 0.005 ($5 million) for purchase...We should find out soon
How do you know? 100 million to TCA another 100 to Atlas and 100 to pay all other.....it is possible and very likely. Why would they raise A/S to 5 Billion otherwise....Manu is keeping mum and that is very deceptive..
I have yet to see a penny stock (500 million outstanding) list in national....
May go red before green...
Yap! Thanks for the advise! I changed my order to buy stop at .021!
Why 32 million shares and no move? Also it seems like Manu is holding onto something bad....why move to 5 billion from 500 million? everything positive seems too good to be true...
doing good volume lately...
Seems like they may have more than 140 million shares. 32 mill is over 20% of 140 mill....and no movement. Also most of the volume was at or below 0.01. I am long but very worried....
Was the call interesting? Any good news? Seems like the stock is going to touch 0.005....
I think you are partly correct. Manu has about 64% voting rights represented by 10 mill preferred. But common do have voting right 1-1.This math is correct at 140 million.
By 25 to 250 he is suggesting that he will have 50% voting if 250 million shares are issued.
The million dollar question is, who is the owner of newly issued 100 million shares..???
New low makes new low....New high makes new high!
Are u still in it?
She doesn't know half of the story!
he has been mysteriously silence...???
You seem to know good deal about this company..Can you please explain how they got 140 million outstanding from 41 million? Thanks in advance!
What do you think? U R Very quite.....
What do you think now? Also, do you know how did company go from 41 million outstanding to 140 mill? SEC filings does not explain that.....
Any possibility of reverse split?
More worrisome is no announcement from the company in regards to most important matter to current shareholders ie dilution...(and so every thing seems too good to be true)......
The PR lady told me that the company will make some announcement in mid Feb.That may be related to dilution. Do you know when will they release Yellow? Why isn't company is making specific release day/date announcement? Cheers!
I agree with most of the stuff you wrote. Mystery here is, on one hand company says TCA can't dilute more than 5% of out standing shares. That is less than 2.5 mill shares. But the volume suggests otherwise....also I talked to PR lady and she told me that none of the insiders are selling...and so it is hard to figure out what is going on.....
Company is going to make annual statement available in a month or so....
#1 The State of Georgia is offering an uncapped and unlimited 30% film tax credit program to Medient—this is KEY. Georgia provides one of the most generous tax incentives in the world. Industry sources report that Georgia tax credits trade for higher prices than other states tax credits…that’s the best indicator of supply vs. demand there is. There is a $500,000 per person salary cap per movie, but talent costs qualify for tax credits without restriction---THAT is the key differentiator. In addition, Georgia is changing the credits to be “non-recapturable” as long as the producer submits to an audit (which as a public company Medient of course complies with). Tax credit buyers LOVE removing the risk of tax savings “recapture” later down the line…this new aspect to GA tax credits is critical to selling the credits in the VERY active cash market for GA tax credits.
How does the tax credit work? For example, if you are a personal or corporate tax payer in Georgia, and you have a state income bill of say $1 million, you can buy $1 million of
tax credits for a discount to your actual bill. EVERY dollar you pay for the $1 million tax credit that is LESS than your $1 million tax bill is a dollar back in your pocket.
Buyers include publicly traded banks/insurance/utilities—just about anyone who thinks it’s good fiscal policy to LEGALLY pay the lowest income tax bill possible (know anyone like this?)
With @ $18 billion in state tax revenues per year…there is literally $billions in annual demand for Medient Studios’ Georgia tax credits by Georgia tax payers.
“We will continue to provide the same innovative financing that is timely, cost effective and flexible for small-cap companies around the world,” Press said. “Our experienced teams will also continue to provide the best professional consulting and financing options the credit space has to offer in this unique environment for small-caps.”
For more information go to www.tcaglobalfund.com or call in Europe +44 (0)20 7269 6880 in the U.S. 786-323-1650.
Called company today at 818-634-4801. No answer...??
Good Luck
44. Also about 4.9 mill issued to the new director. (although that is locked in for now)...My guess is, she is not updated. Someone needs to talk to Manu and get the clear picture....