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Wow, very strange. The stock is not trading, but the OS is bouncing up and down... Whatever lol
Just low volume that's all.
100% agree! This board is purely entertainment and has no impact on the outcome of MDNT. ZERO IMPACT!
The AS is 5B
That post is up to date as of today.
I urge everyone to be careful here. P&D in my opinion. Fluff PRs that have inflated the pps. Good luck to all.
I think the high short volume is the diluted shares hitting the float. I'm not a big believer in otcshortreport.
Good thing about an ungagged TA, we will find out on Monday.
I agree, I think we have been absorbing significant dilution the previous couple sessions. We will find out soon enough.
I'm sorry Clay Trader, but I'm starting to buy into the kiss of death theory. I promise it's nothing personal.
Yes, low volume and price movement when the ask is hit. This is trading very well so far.
Conference call, I believe you can still listen to the recording
Contact the transfer agent... It is true!
Stickied
I think "currently" is the key word in that email...
FILM, okay cool well good luck everyone! I'll be watching on the sidelines. Be careful out there Manu Kumaran is lurking.
https://twitter.com/manukumaran/status/478327739015901184
This man took an OS of 35M to 2B in a year. I will short any shares I can get my hands on. Look it up, ticket MDNT.
Hey TruthBible! How do I short FILM?
Now Manu followed Creative Works! Good they can have him!
Yeah Jake has been the best CEO for one full market day. Koppleman being COB is the important part here IMO.
Yeah, Manu did me right the first time. Let's give him a shot with a stock at a much higher pps. More to lose! Lol
I've spoken to Manu and Twitter before and Creative works just followed me. Interesting.
This is untrue when the company is registered in the state of Nevada. They are legally allowed to maintain the same AS even when reverse splitting the OS.
DD looking like BB right now. You not a fan of Koppleman? That's huge IMO
When it was trading at $2 the OS was about 40M so it was trading at a $80M market cap because of storage 24, which sucked!
We are currently trading a sub $5M market cap with a legitimately good movie and a real proven leader at the helm. Only up from here!
Even at 5c that would give us a $100M market cap which I believe is realistic if yellow can do $35M+. Barring any huge promo group, I think .07 is our realistic ceiling until multiple movies are released or the studioplex is functional.
The Chairman of the Board Charles Koppleman is who you must be referring you.
As usual Debbie... Spot on.
I think 1:10 is realistic. This can have a $20M market cap today and still be undervalued IMO which would be pps of .01. Then the RS would allow uplisting to OTCQX.
I truly believe a $250M market cap within a few months is possible, but .19 would be a $380M market cap with an OS of 2B
Stickied!
I'm not sure how the market will react. Personally, I am willing to place my bets with Charles Koppleman, but the market may believe otherwise. I will say that I expect volatility, one way or the other. I also believe we see a relatively high volume day. 500M+ today with minimal dilution.
Unless heavy dilution occurs after a reverse split, a reverse split will not damage current shareholders. They have already said dilution is done. The market cap is undervalued and that will not change in a reverse split. It doesn't take 400 years of penny stock trading to figure that out.
Well Jake is the CEO so it wasn't baseless gossip. Good with me. Luckily we have koppleman at the helm!!
Not true, SPL* spoke of a reverse split and even filed it with the SEC and then CANCELLED IT because the stock price improved. Just saying, reverse split has zero impact on market cap and I believe this is a very undervalued market cap.
Charles, you don't have to ask if you can answer. You are the man!!
No glass suspension bridge!
They will focus on the economic parts of the studioplex. Boom!
No more leaf built out of fairy dust!
Manu doesn't own that many shares. Even 20M shares at these prices are cheap.