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I posted this awhile back but wanted to re-post. A lot of new people on the board. This year, we should far exceed any revenue generated in previous years.
Revenue Opportunities over the Next 6-9 months.
1) Announcement of Production Services Agreements for Indian language films to be filmed in Georgia - (May according to activity guidance)
2) Release of Yellow this summer according to activity guidance.
3) Battle of Banaras - Should finish filming this month. - Release August 15th
4) The Damned - Starts production in July. Manu was stated in articles saying that this would only take 45 days to shoot. Assuming this would be ready to go by late fall. I am thinking they release this film in late Q4 2014 or Q1 2015.
5) Atlas revenue. Excited about The New Wilderness Distribution.
Plus we will finally collect the accounts receivable from Storage 24 in Q3.
Yeah I posted those articles yesterday. Not much of a response from the board but I am excited. I think it could generate some big revenues.
Here is another article on Battle for Banaras. "Medient is planning a day-and-date release in India, UK, Middle East and East Asian markets."
From my research day-and-date release means VOD, DVD and Theatres in the same day. I guess it is a good way to fight piracy of movies and create buzz.
http://www.screendaily.com/territories/asia-pacific/medient-backs-kamal-swaroops-battle/5071619.article?blocktitle=Production&contentID=418
Good news, according to this article Battle for Banaras will be released in India on August 15th. So that is three months until revenue is coming to Medient.
http://www.imdb.com/news/ni57177741/?ref_=hm_nw_mv_t3
New inspirational message out from Manu. Lol
http://medientblog.blogspot.fr/2014/05/a-new-day-will-dawn-for-those-who-stand.html
Check out this link. Battle for Banaras poster looks pretty cool.
http://www.indiaglitz.com/sushir-mishra-to-unveil-the-battle-for-banaras-at-cannes-hindi-news-107365
Seethru equity looks really stupid. .13 price target about two months ago and a .10 target right now. Meanwhile Manu increases the share count four fold. I wonder if they will continue to cover Medient after the 10Q.
This was on Atlas's website.
"THE NEW WILDERNESS" nominated for Dutch Oscars
"THE NEW WILDERNESS", the amazing feature documentary that sold over 750.000 tickets at the Dutch box office in 2013 and finished in sixth place overall that year, has been nominated for the "Rembrands", the Dutch Oscars. This is the first time ever that a feature documentary is competing with fictional movies for "Best Dutch Movie of the Year"!
Next two weeks will be interesting if nothing else. Cannes, construction and the 10Q. Possible other news that is due.
You do not have to hope. It is right in the 10K when debt is due. You can guess how much equity they have raised by looking at the O/S and prices over time.
I have no idea what the plan is in regard to the dilution. I just do not believe they are on the brink of going out of business. I think they are saving up for a down payment on a construction loan.
That's a total lie. They have raised plenty of cash recently. Much of their remaining debt is not due until 2016 or until after the release of Yellow.
That's not counting all the equity they raised or Manu's conversion. It could be closer to .05 book value but dropping quickly.
Just trying to be conservative. Plus the 660,000 loan conversion. The balance sheet should look great.
The assets are probably even higher than that. My guess is that they raised at least 5M over the last several months.
It is worth more than the current PPS but at the rate management is destroying value, it will not be worth much soon if this continues.
Yeah, there has been a lot of panic selling and probably quite a bit of shorting.
Several people have stated they believe it is somewhere around 550M - 600M. This is based on a 50% dilution rate.
I thought this was good article on Tarantella partnership.
http://www.therakyatpost.com/business/2014/05/08/major-deal-ombak-rindu-producer/
I called the TA awhile back. Probably mid April. They told me to contact the company.
Have you ever seen dilution this aggressive in your years of trading?
I wonder if they are trying to save up a down payment for a construction loan. If that is true though, why are they green lighting new projects like Battle for Banaras or The Damned if they need to raise equity at these levels. Why not wait until after Yellow is released.
In my opinion this is a breach of fiduciary duty.
144 is a type of restricted share.
T/A has been gagged.
Here is a paragraph from the last filing.
Indicate the number of shares outstanding of each of the Registrant’s classes of common stock, as of the latest practicable date. The number of shares outstanding of the Registrant’s only class of common stock, as of March 31, 2014 was 327,883,654 shares of its $0.001 par value common stock.
Here is the number on the balance sheet:
Common stock, $0.001 par value; 500,000,000 shares authorized, and 109,841,420 and 28,458,000 shares issued and outstanding, respectively
What do you think is O/S is TradeDoctor?
The outstanding share count will not be included in the financial statements but it is included in 10Q. Look at an 10Q or 10K SEC filing and search outstanding shares. There will be a share count for the filing and a outstanding share count.
There seems to be a good relationship there. If you look at the 10k prime focus gave them a very favorable loan on post-production work for Yellow. I agree that nothing is free but I think they want to partner with Medient. I think we will see favorable terms or financing.
His $660,000 was to meet payroll. He loaned to the company on two separate occasions. You can get the information in the SEC filings. It was on the balance sheet as of the last 10k under accounts payable-related party. So that clears out $660,000 in debt.
I am thinking the balance sheet will look really good in this 10Q.
No that was a joint venture. That is different. They should have deal coming with Prime Focus and possibly another company. Manu had alluded to the fact that they are working with several huge companies. It will be interesting to see the details of those deals.
Where are the technology partnerships? We are overdue by a week already. I believe those had potential to bring some substantial volume. Some tangible good news.
I buy (shares) on the assumption that they could close the (stock) market the next day and not reopen it for five years - Warren Buffett
Anyone sees Manu's stupid Warren Buffett comment on twitter. This guy is clueless. He should probably stop talking on twitter unless he has something substantial to say.
Cannes starts next week. Get your cheap shares. Plenty of exciting news coming soon!
It is not a coincidence the bashers showed up yesterday. This is real company. Do not let people fool you. Yes, they do have a cash flow problem and have been raising equity. This will turn around.
Reasons why it is stupid to question if Medient is a real legitimate company.
1) Storage 24 - Look on Netflix or on Amazon. Real movie that the company released that brought in substantial revenues.
2) Manu and I believe the other founders have not taken a salary. Many of the other employees are taking below their market pay. Manu converted 660,000 in loans at .064.
3) Look at the shares received for bringing the company public. The vast majority of the shares were stilled owned by the insiders as of the last 10k. Contrary to what people say, management has put a lot of money on the line.
4) Charles Koppelman vice chairman of the board. Koppelman is a very successful businessman and has served as ceo and on the board of multi-billion dollar companies. Why would he put his credibility on the line?
5) IDA authorized a $800,000 well on the Medient site.
6) Partnerships with Prime Focus and Tarantella.
7) Lease agreement with the IDA.
8) Medient acquired Atlas Films a 50 year old company.
There are many other reasons. These are just some of the major ones. Stay strong Medient longs!
Agreed a lot of people are tapped out. Also a lot of traders think they can get it cheaper tomorrow. They need to stop diluting for a couple of days or a week before people will slap the ask again.
Agreed, I think that would be a reasonable guess for Medient. I am pretty sure Lionsgate had a market cap of 5B recently before a pullback. I think we have a chance to make a lot of money but I just hope the share count stays reasonable.
I think this should be 500M market cap easily if they ever complete their entire vision. Billions would probably be more accurate. They would be producing movies, video games and music.
Actually the second. Prime focus is another partner.
The joint venture is good news. We now have presence in North America, Europe, and Asia. This is a great strategy just wish they had the financial savvy to back it up.
Wouldn't that be illegal to short your own shares?