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yes, we all make mistakes nobody is perfect.
Gibbon 1 Here is what you said in reaction to one of my questions in March. What happened to the 40 MIL that you said was available!
LMAO! LOL
gibbon1 Member Level Saturday, 03/15/14 04:37:54 PM
Re: michaelstl post# 13077
Post # of 42843
I am of the conclusion the $40 million in bond money is already there so there is no financing other then that. Medients only cash contribution to the studioplex is like $240,000 thats it the rest is all bond money and only $40 million in cash is needed for the studio plex.
Guess Koppelman won't be getting his 5,000 monthly check anytime soon. IMO
What about Former Gov. David Paterson. He "may have a bunch of shares" that I am sure he would want to protect. LOL
Isn't Manu Kumaran treated differently under SEC law because he is an India Citizen?
Cool! Wonder if disgruntled employees have employment agreements?
Independent Contractor Agreements? Seems like they are all furious!
IMO
Twitter probably has a record of what was removed and when I would think. Anyone know about this?
In the lawsuit Manu says that Shapiro had no experience in finance.
Why did he make him the head of Corporate Finance then? LOL
Later he changed Shapiro's title to "Task Leader" along with a bunch of others.
They have stepped in to protect investors. I welcome this.
The SEC work on this is Free! It doesn't come out of stockholders pockets. LOL
I gather from this post that you have reconsidered your opinion and basically have no idea what the outcome will be. This has all been a "guessing game" because we have not been privy to the actual facts. I suggest that we all wait to see the facts and the outcome. The real question is, Would you buy, sell or hold based on what we do know? That is the question. IMO
Disclaimer:
These are personal views and not to be construed as a recommendation to buy or sell a security. You should rely on your own due-diligence when making investments.
Still very hard for me to believe that Koppelman would not make sure that all documents were investigated before signing off. IMO
He is a director of these two very successful "Public" companies.
He knows "Compliance".
http://investor.lasvegassands.com/directors.cfm
http://investors.sixflags.com/phoenix.zhtml?c=61629&p=irol-govBoard
Disclaimer:
These are my personal views and not to be construed as a recommendation to buy or sell a security. You should use your own due-diligence when making investment decisions.
What if these provisions regarding the preferred A with Nevada had been changed?
You would think that The attorneys thoroughly checked the Preferred Documents prior to issuing the shares to Shapiro. IMO
there is a funny error in one of your words that I would update if I were you LOL
I know. LOL The point I am trying to make is that there are two sides to every story. Judge will hear both arguments and decide.
Shapiro stated that he did considerable amount of work for the company without compensation. Can't the BOD say that the PFD was given to him for this reason in addition to others? He basically ran the company whie Manu worked on the Production side of the business. Shapiro negotiated with the Authority, Ran the Company while Manu went on his trips. Delivered presentations. Couldn't all that be considered when the PFD was given to him? Sounds like a pretty good argument to me. IMO
Disclaimer:
These are my personal views and not to be construed as a recommendation to buy or sell a security. You should rely on your own dud-diligence when deciding to invest.
Manu may have to make amends in order to stop the digging! IMO
Are you an attorney?
R/S is the last thing to worry about here. Protecting the value of the company is of utmost importance here. IMO
I do agree and wish I had more funds available right now. There are two sides to every story. (two sides to every case) I am also waiting for rebuttal. I'll bet on the Koppelman/Paterson/Shapiro Side on this one. They had all better get together and iron out their differences Pronto! (Or they will all loose out)
A banana keeps getting riper until it becomes rotten! A quick remedy is very important here!
Disclaimer:
These are personal views and not to be construed as a recommendation to buy or sell a security. You should use your own due-diligence when making investment decisions.
Let's Look at it in a different way:
Maybe it is good that this happened. Now it will all come out so we will know what reality is! We won't have to keep guessing! "It will all come out in the wash"! Gosh, this is a "sub Penny Stock" Looks like a good risk to me! IMO
Disclaimer:
These are my personal views and not to be construed as a recommendation to buy or sell a security. You must rely on your own due-diligence when making investment decisions.
Delete
Trading as if it were bankrupt or on the edge. Wait until the dust settles!
I feel that this will be settled quickly. IMO
Jake knows SEC Rules and Regulations. Koppelman has strong compliance background. I feel that the current management will win out or there will be a meeting of all minds. (too many shareholders could get hurt in this one if it doesn't get resolved quickly)
Disclaimer:
These are my personal views and not to be construed as a recommendation to buy or sell a security. You should rely on your own due-diligence when making investment decisions.
There is only one thing I can think of when I think about Manu Kumaran: I thnk he is "as loose as a wild cannon"! Who knows what might come out in all of this. Many of these battles are settled out of court. Maybe the attorneys will get together and make a deal. It would be best for Kumaran to come back in with the rest of them and get this project completed. IMO
I don't think either side wants to get involved in a court battle.
Disclaimer:
These are personal views and not to be construed as a recommendation to buy or sell a security. You should rely on your own due-diligence when deciding to invest.
Disclaimer:
These are my personal views and not to be construed as
I am interested to see how Koppelman got involved with Medient in the first place.
Looks like they went in an hijacked the site on the 17th of June. imo
I received an email Sat. or Sunday from jake.shapiro@medient.com Don't know whether it came from him or from the guy in India.
Guess I will have to call Shapiro to make sure it was him! LOL
This is true Entertainment! Feels like the stock went up instead of down today and Nadia didn't "break the .0015" Ha Ha
Go Crazy Folks, Go Crazy! LOL
I sent Shapiro an email this morning advising him to get a new domain name. I emailed IR on the 18th and mentioned that we needed the website updated. Hopefully they are on this and get it all straightened out. This is a legal problem that needs immediate attention:
http://signdomains.com/user/dispute.aspx
Disclaimer:
These are my personal views and not to be construed as a recommendation to buy or sell a security. You must rely on your own due-diligence when making investment decisions.
I agree with you. In addition they should get a new domain name and email addresses until this website situation is worked out. Website situation prevented this stock from performing this morning. IMO
To change the name of the company and use the same domain name is ridiculous. This will all come in on him. IMO
He believes in "fixing what has been broken" in Hollywood. I believe he will see this through to fruition. IMO
How about "No RE Taxes For the term of the lease in addition to all the other incentives. This is a huge piece of Land! Very attractive acquisition candidate or buy out candidate if all does not go well. Film incentives are having a difficult time getting renewed in many states. No Sunset Clause in Georgia! IMO
Disclaimer:
These are personal views and not to be construed as a buy or sell of a security. You should rely on your own due-diligence when making investment decisions.
Disclaimer:
These are personal views and not to be construed as a recommendation to buy or sell a security. You should rely on your own due-diligence when making investment decisions.
They have completed business plan, financial projections, plans and everything needed to submit to the lender. Changes are not dramatic. The changes would improve the bottom line. See no problem here. IMO
disclaimer:
These are personal views and not to be construed as a recommendation to buy or sell a security. You should rely on you own due-diligence when making investment decisions
Agree with the waste of shares. Manu was in charge and Koppelman was basically there to assist Manu and replace him if anything happened. He was not in charge and we all know that Manu was a "control freak". Things have changed now. Give them a chance to get this Ball rolling in the right direction. Again, I reiterate that I feel that a financial institution would probably have a problem with the Management aspect of the financing as it was previously set up. Now with Koppelman, Paterson involved I they will like the changes. Also, with the fluff taken out of this project I feel that it is more economically feasible. I feel that they have been working with local banks and will probably make headway with recent changes. Again I reiterate that the old projection for Phase 1 was 90 Mil Financing. We have a lease in place for 20 years for 10 mil appraised for 22 mil. The Authority will probably let them subordinate the lease payments. We have Prime Focus with 40 Mil worth of value to add to the project which would leave 40 Mil left out of the 90 Mil to be financed. However, the company says they will save about 30% on Construction Costs due to Modular Construction process which should greatly reduce this financing requirement. Looks like pretty good equity available for financing to me. Now what else do they have now to put in as collateral for the loan? Or do they need more collateral? Only the future will tell. Looks like a good penny stock play to me because the Market Cap Value is under 4 Mil dollars. Everyone is concentrating on the shares outstanding but the Market Cap reflects true value. Now let's say they get the financing in the near future. What do you think the PPS will do?
Disclaimer:
These are my personal views and are not to be construed as a recommendation to buy or sell a security. You should rely on your own due-diligence when making investment decisions.
How do you know they are "sitting on their rumps" I guess if you are negative you can imagine anything. I am positive so I imagine them getting the financing completed. IMO
Paterson is valuable to Medient. He knows the Film business. He is very politically connected. He knows Real Estate Financing and can help Medient in financial planning of the StudioPlex.
http://newyork.cbslocal.com/2014/05/21/david-paterson-to-be-new-chairman-of-new-york-democratic-party/
I advised the Authority and they are taking immediate action regarding their Medient website links.
Eyes are glued to this message board. So when you want to communicate with one of them (new Medient Team or Old Mediet Team) just direct your message to the person that you want to direct your message to. (In addition to sending messages to the BOD via the IR)
IHUB is becoming a major way to communicate with the company.
I would guess that probably 50% of the company common stock holders are following the IHUB board. IMO
Disclaimer:
These are personal views and not to be construed as a recommendation to buy or sell a security. You should rely on your own due-diligence when making investment decisions.