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You're right, the films they produce will make them money, but the studioplex will be their biggest asset. With the current OS, the studioplex alone is over $1 a share in equity.
MDNT also has much higher possible revenue and income to make up for higher float. 141M shares is not a huge float for this kind of company. This legitimately could be a billion dollar company in 5 years, can paws say the same?
Also, the January minutes were posted today from IDA meeting. Medient requested a 60 day extension for construction and they discussed water and sewage options. They discussed the performance deadlines and stated they did NOT need to be extended.
Also look at DI+, and ADX values before the run... Matches up almost exactly to where we are at too.
Chart looks extremely similar, and I can only hope MDNT takes off like this. I believe this company is making all the necessary moves and has way more upside than any company we compare it too with a pps like this.
They agreed to a marketing campaign on Wednesday, which I'm assuming sent it running.
I believe a lot of the water and sewage issued are resolved or close to it for phase 1. I think they will be at least a month behind, but management has said nothing, forcing us to speculate.
Looks like this thing is going to hover around .01 all day... Manu give us news!
I read through all the IDA minutes since August, and they had more updates than the shareholders have ever received.
One note mentioned the government shutdown as part of the reason for construction delay. It would make sense due to permits and bond tender. Manu even attended a few and spoke at one in November and said they were pretty much still on schedule.
Hopefully tonight in their closed session they approve the tender of bonds and get to work on construction.
http://www.effinghamindustry.com/about-us/
Then view agenda
IDA meeting agenda, "Closed session to discuss authorization of negotiations to lease property"
What lease property are they referring to?
Hmmmmm, could we get a construction announcement tomorrow?
I don't think it's new because of the construction details, but I have definitely not seen it before so I figured I'd share.
Have you read through exhibits attached to PRER14C?
Opinion 7 shows the "typo" that was filed with the NVSOS...
What could this mean if it is not a typo, but a publicity mistake by NVSOS?
http://www.sec.gov/Archives/edgar/data/1476278/000101489714000064/opinion007.jpg
I agree, looks real thin to .0130
Just slapped it a couple times and it's moving. Just need some money to roll through....
Couple big buys going through...
New website looks great http://www.medient.com
Today may be THE day that this stock runs away and leaves everyone chasing. Enjoy the ride...
The current AS is 500M...
If you remove the one trade made below .009 and the two t forms, we would have the perfect bullish harami.
Setting up for a bullish harami if this chart holds...
Well of course they are useful in the future for a possible merger or acquisition, but you were talking about OTCQX listing requirements. Which requirement would be satisfied by rise in AS?
Are you referring to the $5M marketplace value of securities? 5B shares at par value of $0.001 for total book value of $5M?
Looks like we are in for a good day, judging from all the negativity...
We may get something after close today... We need a good PR
NITE and VFIN
That article is not referring to MDNT...
Nite running the ask today... Lets see how this goes...
BKRT, VERT, VFIN, and VNDM look to have let it go. Manu give us a PR!
No more conversions, and hopefully a PR regarding Atlas assets sold at Berlin Film Festival on the way... We should be in for a great week.
IF they had 40M on hand, the stock price would not be a penny a share.
You seem pretty confident in 19c in particular. What makes that number significant, and how long do you believe it would take to get there? It sounds good to me though.
I think that one review just changed Manu and Medient Studios forever. Oh no, sinking ship.... It's one review....
What does your expertise say about the par sar action today?
Maybe that's the last form T trade we will see for awhile.
You mean Tuesday?
Stock based deal... 5M shares is nothing for their assets. They believe in the pps of this stock long term.
Atlas didn't seem to mind...
If treasury stock were issued at book value of 6.4c they could be sold, if needed, at any price above book for potential huge cash gains. This would be a huge support to pps, it wouldn't hurt it.
If you are referring to my speculative treasury stock shares, those would not be in the OS and would never be traded publicly.
I’ve been reading through the previous 8ks trying to make sense of it all.
I don’t believe it is a coincidence that we have not heard about Atlas 30M sales advance. I think they are planning an issuance of treasury stock. This would back the 30M sales advance and would give them a stack of cash to sit on once the pps recovers to book value or higher.
I wouldn’t be shocked to see the AS rise to 5B, because I think they may issue 500M or more shares of treasury stock that were never issued to the open market at a par value of .001, These shares would probably be taken on the books in excess of par near current book value. (Purely Speculation) Remember this does not include their biggest asset, "Yellow".
This would do three things:
1. Company would be acquiring shares for next to nothing, and would expedite the up-list to OTCQX by increasing equity.
2. Prevent any takeover attempt.
3. Would not increase OS but would allow the company to stack up loads of cheapie shares and would be sitting on a cash bank in the near future.
All just speculation, but something like this must be in play. Something to think about…
Any thoughts or speculation of your own?