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MDNT
MDNT will be huge long term, Largest of its kind in North America.
So much 3rd party DD available.
This kind if stock only comes around once in a great while. IMO
Medient Studios to Present at the Growth Capital Expo at Caesar's Palace, Las Vegas, Nevada
Medient Studios, Inc. (OTCQB: MDNT) is an entertainment content creation company with a strong presence in North America, Europe and India. Medient's management team has approximately 150 years of experience in the motion picture industry and is responsible for producing and/or financing over 250 movies. Medient is realigning the content creation process to enable efficiencies of scale and eliminate process waste by building a fully integrated movie and game production facility and campus on a 1550 acre property in Effingham County, Georgia. Once operational this production facility will be the largest of its kind in the United States.
MDNT
Is going to fly.
So much great info.
MDNT
This company, is a once in life time chance. IMO
It will be huge long term.
So much available 3rd party DD.
Medient Studios to Present at the Growth Capital Expo at Caesar's Palace, Las Vegas, Nevada
Medient Studios, Inc. (OTCQB: MDNT) is an entertainment content creation company with a strong presence in North America, Europe and India. Medient's management team has approximately 150 years of experience in the motion picture industry and is responsible for producing and/or financing over 250 movies. Medient is realigning the content creation process to enable efficiencies of scale and eliminate process waste by building a fully integrated movie and game production facility and campus on a 1550 acre property in Effingham County, Georgia. Once operational this production facility will be the largest of its kind in the United States.
MDNT
Medient Studios to Present at the Growth Capital Expo at Caesar's Palace, Las Vegas, Nevada
Medient Studios, Inc. (OTCQB: MDNT) is an entertainment content creation company with a strong presence in North America, Europe and India. Medient's management team has approximately 150 years of experience in the motion picture industry and is responsible for producing and/or financing over 250 movies. Medient is realigning the content creation process to enable efficiencies of scale and eliminate process waste by building a fully integrated movie and game production facility and campus on a 1550 acre property in Effingham County, Georgia. Once operational this production facility will be the largest of its kind in the United States.
MDNT
Love this company, looks like an it will easily test the high set of a couple of weeks ago (300%) short term, long term, huge potential.
The IDA approval of the bid on the well verifies that the mega studioplex will be built. Largest in North America!
MDNT
Love this company, looks like an it will easily test the high set of a couple of weeks ago (300%) short term, long term, huge potential.
The IDA approval of the bid on the well verifies that the mega studioplex will be built. Largest in North America!
Love this company, looks like an it will easily test the high set of a couple of weeks ago (300%) short term, long term, huge potential.
The IDA approval of the bid on the well verifies that the mega studioplex will be built. Largest in North America!
BREAKING-NEWS-$MDNT.0115(chart)-Medient-Studios-Govt.-Funds-800,000-WELL-for-New-Studioplex!
IDA approves work for well on Medient tract
http://beta.effinghamherald.net/section/22/article/25010/
POSTED: April 21, 2014 5:50 p.m.
The plans for the largest movie studio complex in North America took a small but necessary step Wednesday evening.
The Effingham Industrial Development Authority approved a bid from Pinco to drill a well on the north side of its I-16 property — the site of the Medient Studios’ complex. The well will provide water for the site and construction of the first phase. Shore Development and Construction will build the studio, including its offices, soundstages, housing and entertainment venues.
The bid for $797,937 was good through Wednesday. Bids were sought initially a few months ago, but the IDA held off on awarding the contract until it had a better grasp on Medient’s plans for the first phase.
IDA CEO John Henry said the cost of pumps has soared, and the low bidder was hesitant to hold the bid at that price for much longer.
“We need that well built,” he said.
C.J. Chance of Hussey, Gay, Bell and DeYoung said the contractor gave a 30-day extension on the bid price, and Pinco then was asked to hold it for another two weeks. He said his firm has worked with Pinco numerous times.
“Having the low bidder you have is a good thing,” he said. “We have a lot of experience with them. They built a sewer system for us in Richmond Hill and it was smooth, seamless.”
Chance said it will take about 10 days for the contract to get back from the contractor, and Pinco will have 10 days to start work once the IDA executes the contract. Once Pinco starts work, it will have 280 days to finish the job.
The IDA, through a series of agreements, has 150,000 gallons of water per day for its I-16 tracts. The plan has been to sink a well on the north side, since that tract is larger and would have either larger or more users.
“It will supply as much as you need,” IDA project manager Matt Morris said.
While the well will serve the initial needs for the Medient studios and complex, there is the possibility the county’s water line could be extended to the site for future water demands.
“But we’ve got to have the well down there regardless,” Henry said.
$
Great find,
IMO pretty big news.
More confirmation of the studioplex.
GLTA Longs
Nice post!
Agree!
Long term hold, potential imo far out weighs down side.
Just wish I would have let a little go in the .90.
But I, am looking at eltp from an all or nothing perspective.
GLTA
Don't doubt what you said.
I just like it that they are continuing to diversify.
GLTU
You are 100% correct!
"penny stock scam" Statement makes no sense.
GLTA Longs
Makes sense.
Thank you, and all who replied to my question.
Holding on to several million.
GLTA Longs
What does market ready mean, any thoughts?
MDNT
GLTA Longs
For the day before good friday, I would say the volume is typical, not terrible.
I am going to go out on a limb and say we close unchanged on Friday.
I am sure there were a bunch that bought in at .008sih that will take the 40% and run.
GLTU
Did you take money off the table?
RSI was still below 50 at .013.
GLTU
I agree.
Way undervalued.
GLTU
No one really knows.
If this recent dilution was a once or twice a year dump of shares, it will run really hard.
If they continues to dump shares, imo we stay in a range of .008 to .012.
In my understanding, and feel free to correct me, the funds being raised by selling shares are for day to day operations, once more money flows in from new releases or prior released movies the selling should come to a complete stop.
The studioplex imo will be funded in the most part by State bonds.
Also imo, the seller is not willing to sell shares below this level, making for a pretty safe entry level.
GLTA Longs
Verity new website up. By the looks of it, it does not look like a
company that is going out of business any time soon.
http://veritycorp.com/
I think we have found the bottom and the selling is slowly tapering off.
With any news it is an easy double short term from here.
I am really looking forward to seeing the pics of the foundations being poured. IMO thats when we start a long term run.
GLTA Longs
You are kidding me. I had an order to buy 3000 shares at .19 All or
None....and I got none. But a small order for 166 shares gets bought at
.14?
What that tells me is there is no big sellers out there. Someone
wanting to sell 3000 shares could have sold to me at .19. But no one
wants to sell there.
I agree, it is either a seller who just wanted to sell his 166 shares at
whatever the bid was and did not care because it was only the cost of a
meal for two at Red Lobster.
My problem is that I want to accumulate but I do not want to be eaten up
by transaction costs, so I put in the AON orders. I bet I am not the
only one doing the same.
Flaherty Financial News Newsletter #43
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Founding CEO Manu Kumaran's Medient Studios (MDNT) plans to turn the Hollywood film production model upside down with the world's largest mega Studioplex. Jeremy Barbera's start-up Vantage Health Inc. (VNTH) licenses NASA space telemedical technology to enable your smart phone to detect lung cancer before it is too late.
April 11, 2014
Bob Flaherty Rides Again!
Welcome to our 43rd Flaherty Financial News Newsletter. If you have not already done so, please join our financial family. Visit our website http://www.flahertyfinancialnews.com and opt in as a reader to receive your next FREE issues of Flaherty Financial News and also Flaherty Special Situations. You can opt out any time.
Our 33rd annual Flaherty's Favorites of the Famous came out on April 4 and "Our Picks of the Pros" with 12 new stocks is posted on our website. After my 11 guest money managers picked their favorite stock for the next 12 months, I took my own turn at bat. Here's what I did.
This year Bob is swinging for the fences. Either he will come in first or near the top as he has many years or he will be at the bottom. For 2014 Bob is going with a very low priced stock led by an Asian entrepreneur film producer.
Founding CEO Manu Kumaran's Medient Studios, Inc. (OTCBB: MDNT-then 0.0225; now 0.012) plans to turn the Hollywood film production model upside down by building the world's largest mega Studioplex in Effingham County, Georgia. Manu pledges to do to Hollywood what Henry Ford did to automotive manufacturing when he introduced the assembly line.
"Often in a typical shooting day we only shoot for an hour and a half to two hours in a 12 hour day," says Manu. "With our technology pipeline, as designed and implemented, we could be shooting six or seven hours a day. That is shrinking the time to produce to a third, maybe a quarter!"
To his critics he says, "You don't control our destiny-God and the believers do!"
To his believers (otherwise known as shareholders) Manu says, "Once the Studioplex is operational Medient will be one of the largest content creators in the world. This is the dream that I invite you to be part of. If it excites you, then I welcome you to the journey."
Medient Studios turns the Hollywood film model upside down!
Last issue we featured the budding turnaround with a two year time horizon at MELA Sciences (MELA) continuing Dan Lufkin's crusade to detect deadly melanoma in time to save your life. We really believe that the higher reliability of MelaFind machine imaging is destined to replace less reliable eyeballing for skin cancer testing!
This issue from the same SeeThruEquity Conference we feature a 12-year-old maverick Medient Studios, Inc. (MDNT). Medient's team led by Asian filmmaker Manu Kumarun plans to change the world or at the least the way movies are made. Hollywood is still stuck in the l920s in many ways.
Upstart filmmakers are fun. In the l960s I had a 500% + gainer after I wrote a cover story on two Israeli cousins Menahem Golan and Yoran Globus trumpeting their unknown The Cannon Group. They had a formula to turn out action thrillers like hotdogs.
Everyone laughed until the cousins bought the rights to Death Wish featuring Charles Bronson. Global audiences cheered this movie proxy for New York's subway vigilante in profitable sequel after sequel. All went well until the cousins began making more films than they could handle. Some bombed so badly they had no rerun Intellectual Property value.
The movie making process with the major studios has evolved so that the goals of the studio and investors are no longer aligned, and "Hollywood Accounting" rules are designed to rarely show a profit. So, it is exciting to see a new group of entrepreneurs at Medient who plan to do what the pros claim can't be done. Even better, the team has a proven track record of making films that are profitable.
I had fun experiencing Medient's conference presentation. So let me try and share that with you in my own writer's way. In the main body of our piece when you read the name "Bob" just substitute your own name and away we go!
Hold Your Breath! Prepare to Exhale into your smart phone with an app from Jeremy Barbera's start-up Vantage Health, Inc. Using co-developed with and licensed from NASA space technology, new apps may save your life by screening for lung cancer and other ills!
Nothing is more exciting to a journalist than a new scoop. As a companion piece to Medient we present the first story anywhere based on the first interview with Jeremy Barbera on his brand new start-up.
Using patented chemical sensing space technology licensed from and co-developed with NASA, Vantage Health's (VNTH) mission is to launch the first non-invasive, inexpensive, mobile early disease screening and monitoring platform. With an app attached it can work on any smart phone.
High among the goals is earlier detection of lung cancer because there are more annual deaths from lung cancer than from prostate, pancreas, breast and colon cancer combined. Currently most lung cancer is detected too late. Why? Only 15% of lung cancer cases are screened at an early stage. That is because people are screened much too late after symptoms show up.
The five-year survival rate for lung cancer diagnosed in the early stage is 52.6%. In contrast over half of the people with lung cancer identified in the late stage die within a year of being diagnosed. Even sadder thousands of healthy people also die to from radiation from cat scans given to check on whether they have lung cancer.
Jeremy's start-up aims to bring a solution to your lips. Our Astronauts get sick and are constantly checked for health issues with no doctor on board. Telemedicine monitoring keeps our spacemen well. Why can't the same thing be done for the rest of us down here on earth?
If this mobile health entrepreneur scientist Jeremy Barbera achieves his dream we will all benefit from this patented digital mobile space medicine. With Vantage's app your own exhaling into your smart phone, cheaply and non-invasively, can detect lung cancer at a very early stage. Your odds of surviving longer with a better quality of your life will soar. Your treatment and insurance costs will plunge. The annual cost to treat early stage versus late stage cancer is $120,000 versus $1.2 million.
If this space technology transfer to help ordinary people on earth can be accomplished it will be thrilling. And that's only the first thing Jeremy dreams his new venture will someday accomplish.
Read on and see if you agree that maverick Medient CEO Manu Kumaran can bring to film making the kind of efficiency exponential gains that Henry Ford's mass production brought to automobile making.
Also read on to see if you agree that NYU scientist and MIT MBA Jeremy Barbera can commercialize NASA government technology to accomplish his ambitious goal. More than money is involved. Thousands of lives rest on whether VNTH will achieve what it set out to do and lengthen our lives.
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"THE RETURN OF BOB"-A HORROR FILM WITH A TWIST.
Asian film maker Manu Kumaran's business model is to turn Hollywood film making upside down and generate consistent profits by building the world's largest mega Studioplex in Effingham, GA. "An invitation to share a dream!"
By Robert J. Flaherty
Building an Intellectual Property Factory to change the world! On Thursday Feb. 6th I attended a SeeThruEquity Microcap Investor Conference in New York City. After attending the first session with MELA Sciences and then having a one on one meeting with MELA's CEO Rose Crane, I returned to the presentation room.
43-year-old Rutgers University honors grad Jake Shapiro, president and head of corporate finance of Medient Studios, Inc. (MDNT: $0. 012), had just been introduced. Based in Effingham, Georgia, Medient is raising $700 million in construction financing to commence building a 1,560 acre mega Studioplex in Effingham, GA.
Phase 1 construction will start in the second quarter of 2014 and initial operations will begin in the fourth quarter. Starting in year 2015 Medient plans to produce 8 films a year for the first three years besides developing film-related related video games. Then the team will ramp up to 12 per year. So Medient expects to produce 48 feature films over a period of five years.
When completed in 2019 the Studioplex will be the largest of its kind in the world. It will have 17 sound stages totaling 2.2 million square feet. It will include the world's largest sound stage, a back lot with 11 permanent sets, a 500,000 gallon water tank to shoot underwater sequences, offices, outdoor entertainment venues and onsite lodging and housing. Medient has a 20-year-lease on the property with an option to buy it for $100 at the end of the term.
Medient (the name is a combination of media and entertainment) is an entertainment content creation company with a strong presence in North America, Europe and India. Their global management team has 150 years of experience in the motion picture industry and is responsible for producing and or/financing over 250 movies. Medient is realigning the content creation process to enable efficiencies of scale and to eliminate process waste by building a fully integrated movie and electronic game production facility as part of its Studioplex.
"We're a film entertainment production company," Jake begins. "We believe that we are going to change the world. However, since we have limited time today, we thought we would try to entertain you first. Here is a brief video which explains our situation."
A deep voice that sounded like God or at least the Wizard of Oz made these thunderous pronouncements:
"Young man, remember these five commandments which you shall hold dear and never question or you shall never be one of us. Do you understand?
Thou shalt never question the ordained wisdom of agents, lawyers or unions.
Thou shalt never use a new story when you can recycle an old one.
Thou shalt not do for a dollar but find a way to do the same for seven.
Thou shalt never frighten investors with the real revenue projections.
Thou shalt confuse investors with accounting rules to never share a profit. And thou shalt never, never, never invest your own money in a film.
Young man, you now know everything about producing movies in Hollywood. Go rob some investors... err ... go get some movies financed and spread the wealth."
When the laughter died down, Jake began his regular presentation. Little known Medient is a 12-year -old company and has made 14 mostly foreign language films. Don't knock it. The number of production companies in the world that have made five films or more is probably less than 100.
Of the 14 films Medient produced 12 of them were profitable! Unfortunately the 13th was pirated. The last Yellow is an $18+ million film (Medient's biggest budget so far) directed by Nick Cassavetes, (The Notebook). Awarded 'Best Film' at the Catalina Film Festival last September, Yellow is an unsettling trip into a beautiful young substance abusing woman's disturbed mind. Starring Melanie Griffith and Sienna Miller the already completed film will come out later this year.
Yellow's previews are intriguing. "It's not only Cassavetes' best movie, but also a fascinating alternative to conventional melodrama... No matter how messy it gets, Yellow renders a troubled subjectivity with striking creativity."
"A cinematic trip of mind-bending proportions..." "Fascinating...emotional rawness hits a nerve. Destined for cult status..." "Yellow is wild inventive, and ultimately, dazzling in its visual and narrative breath..."
"With 12 films profitable out of the 14 produced so far, we may be the only film producer in the world with that high a percentage of money makers," says Jake. "The reason for our consistent profit is an obsessive focus on the bottom line and cost control.
"Our CEO and founder Manu Kumaran is a second generation film maker, who literally at age 12 was on the set doing payroll for his dad, the renowned Malayalam (southwest India) film director and producer K. P. Kumaran. 44-year-old Manu himself has produced 19 feature films in four languages. His "Bombay Boys" altered Indian cinema forever and brought it into the global mainstream. He also produced the first Indian film to be entirely produced outside of that country. Growing up in the film industry Manu became extremely frustrated with the amount of waste that takes place. Allow me to demonstrate."
Turning toward Bob Flaherty sitting in the first row of the audience, Jake asked, "Your name, Sir, is?"
"Bob," I answered. (Reader, remember from now on when you see Bob think your own name!)
"Let's say we were doing --"The Return of Bob"--, a kind of horror movie (type cast again?) with a twist at the end. (O, I hope they skip the stake in the heart!) It's a tragedy but we will do what we can with the script.
"Doing the film the current Hollywood way here is what would happen. About 500 people would be flying to location. We'd rent trucks, equipment, cameras, microphones, lights, trailers, desks, chairs, computers, scanners, printers, office equipment and anything else we need.
"We'll hire teamsters and pay them about $3,500 a week to not drive a truck, but because the rig is parked there we will abide by union rules. We will pay $3,000 a week for various low level crewmembers- who would make about $800 a week for the same job in any other industry. The producer is paid 100% of his fee the moment filming starts. So now he knows he's going to be unemployed in four or five months! He is already working on getting his next gig.
"At the end of the shoot we'll hire someone to return all the equipment. We will hire someone else to literally throw out everything we just bought. A few months after that we will probably shut down the corporation and sell off the IP to another entity.
"That's the current model in the film industry and it's a financial horror story! Hollywood breaks attendance records every year as they have for close to 100 years. The top revenue line goes up and up
Picked up another chunk this am.
No brainer imo,
Wow , seem a little desperate to me.
Please list fact with links.
MDNT
IMO the order was placed to scare up some cheaper shares.
No luck I guess.
MDNT
I would not be surprised that if someone hit the 1 mill for 3 or 400K shares it would vanish.
We shall see, the longer it stays this low the more longs will have when we begin the ascent.
MDNT
I just checked on a stock that I owned at one time, it is a complete scam but has announced that it is part of the "weed frenzy". Trading up several hundred percent over the last few weeks. It is run by crooks with judgments to show it. MDNT has a real pr with very nice rev potential and poof.
Oh well, I am holding for the long term and investing in a real company.
MDNT imo will be huge.
Bought more today at .022.
GLTA Longs
Buying more today. IMO a no brainer.
GLTA Longs
Buying more today. IMO a no brainer.
GLTA Longs
Thanks a bunch for posting this.
Plays based on fundamentals and not pumps because the are looking to buy a couple of pot plants,
many times seem to take a lot longer to develop. The way I look at it if Manu is successful it will be well worth the wait.
BTW thanks to everyone who better explained the Atlas info to me.One more question, I have seen several robust numbers thrown out about Atlas's asset value in Medient's next Q. What are these projections/educated guesses based on?
GLTA Longs
mdnt
I am here for the long hall, ya I would love for this to wake up and run to .10 this week.
On the other hand the longer it stays under .03 the more time longs will have to accumulate.
MDNT
Do we know how mdnt is going to be purchasing Atlas?
I think I read it once on this board.
GLTA Longs
Oh ya, I went brain dead.
Number 2 might raise some eyebrows.
I believe they will make their dates, should be a nice steady climb as the plan comes to fruition.
I am really looking forward to pics of the studioplex as it is built, which should roll in all summer long.
MDNT
I will use this quite time to buy and increase my position.
Traders looking for a 50% pop have moved on.
IMO without any news, mdnt will trade slightly up over the next 3 weeks, then when phase one starts we see some Lg moves. Just my very unprofessional opinion.
GLTA Longs