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1.475 million here...
Something to consider with absolutely every post from every member anywhere on IHUB. I don't trust anyone here. This site is completely full of pure scum.
Used to, but for the moment, he's just understandably angry about things. Im taking his current rantings with a grain of salt. He will come out of it. Hes a descent guy.
When do you foresee them implementing the RS? Thanks.
Done with this board until real answers materialize... All this guessing doesn't do anybody any good. Good Luck!
The fact their was such an aggressive takeover tells me insiders and the Board of Directors see potential in Medient. If they thought they were part of a sinking ship, they would have walked away. Somebody has a grander vision for Medient than Manu, and they just sold it to the Board. I just don't see how this is bad news, especially with the Manu has handled things lately.
@SILVERISTHENEWGOLD
The fact of the current matter is that nobody here, including an arrogant self-absorbed agitator such as yourself, knows how this will now play out. This could turn out to be very, very good news for shareholders... Or it could mean the end. We just don't know. One thing for sure though, this just got reeaallly interesting.
Only thing worth reading here all day likely.
I dont have to presume anything, you tell us quite plainly that this is what you think people's motives are. You're somewhat paranoid. You, "yep, when people show up using words like "death spiral" along wth RS, it's a pretty good indication they'd like to be picking up shares at lower prices". The lower prices wont come as a result of using a word, they will arrive as a consequence of Manu's inability to effectively manage shareholder value.
Its funny how much influence you think a few unpleasant opinions can have on this stock. A couple comments aren't going to do this any more harm than Manu already has. This is out of all of our hands, bashing it is pointless at this point.
Wont be me. Selling at this point makes zero sense. Im here, all or nothing. Get used to me.
I have very little emotion in this anymore at this point, I have been a shareholder for over 7 months now and am going for all or nothing here; Im holding these shares to the bitter end. Im hopeful, but not optimistic. GLTA
Hoping? Nah, i have 1.5 millions shares at a nasty average. Im just done being unrealistically positive.
Seriously, nothing will shock me here anymore. I am pretty much expecting the absolute worse from here forward, so anything good will be a pleasant surprise. Haha.
And tomorrow we see 001s.... Bringing this all the way dowwwwwn. If next week doesn't bring with it the end of this dilution and some excellent bits of news, this goes trips by Tuesday. Hard to imagine, but this could get much worse and Im preparing and sadly expecting just that. Absolutely no reason to believe things get better for shareholders here any time soon. Hope Im wrong.
At this point its inconsequential... this couldnt get much worse. And stating the facts of the matter isnt bashing. This is a monumental crash, an embarrassment. Can just hope Manu gets his act together.
No Koppelman at conference? Have we lost the ace up our sleeves? A big deal in my opinion. Not good.
This is hopeless here, even at these levels. Total incompetence running this into the ground. Good Luck.
Bahahaha! I hope so!
CEO is garbage, giving away shares through insane dilution. No end in sight.
No money from Medient for the well, per the IDA. They approved the bid, because they are paying for the work.
Absolutely nothing about the well. Because, IDA is paying for it.
Ill narrow it down for you: "The well project cost is $800,000 and is being paid by the IDA." IDA mean Effingham County Industrial Development. Clear enough?
The well has nothing to do with Medient. Yes it will aid in the process should Medient actually ever begin construction, but the well itself is an incentive for development of the site, being paid for by the county to encourage development. The PR stating this is the beginning of 'Construction of the Studioplex' is a huge leap, especially when they haven't even verified financing of any sort other than diluting shareholder value.
They NEVER HAVE started the project. Its all on paper so far, unfortunately.
07/05/14
I know. I sure feel like we're being led along here at every point. Everything is at the last second or a day late. Tired of it. Something very fishy here,
All of this boils down to the fact that we don't have financing for phase 1, and we're well into construction season and nothing has been built. No ground work. No foundations. No materials on-site. Nothing but a well which has nothing to do with Medient, really. At this pace, phase 1 will never make it's estimated completion date, assuming it ever even begins construction. I hold a large position here, but the fact is that we are being lead along a very dark path as of late while our shareholder value is being diluted as if there is no tomorrow - maybe, so far as Medient is concerned, there is no tomorrow. My patience has started to run thin here, lately. I am just starting to prepare for the likelihood that this is headed for it's worst case scenario.
Monday we get a progress report from Manu on the events in Cannes. Tuesday, hopefully, release date of Yellow, or Studioplex financing news. And then the chase begins. Lots of green days ahead! Load 'em up!!!
Manu was aware that the dilution and plummeting PPS would create a storm; in his defense, he came right out and told people not not to buy this stock for short term gains prior to beginning dilution. If you acted contrary to the CEO's advice and purchased anyway, you can hardly blame him for your losses. Also, he has told us money from dilution is being used to get Yellow 'cleaned up' and ready for a big release which if done correctly, will be the pivotal point in Medient becoming successful.
This is the beginning of a very important period in Medient's growth. We have Yellow ready for release, movies in production, we own our own distributor, are establishing worldwide connections and partnerships, and beginning construction of the world's largest and most efficient Studioplex with the help of the State of Georgia.
This will not be sub-penny for long.
It's a somewhat lengthy estimate for such a project. But Im not as excited as most about this well being drilled. It is being paid for by the county in order to develop the property. Regardless of Medient's involvement, this well needs to be drilled. What i want to hear is word on financing and when construction crews will put in some real work on the studioplex. I still feel like we are being lead along here.
Didn't look at this all day. What a pleasant surprise!
Once this dilution ends, there will be huge potential for short-term positions making good money here as this climbs back to it's proper value. Yes this is very "flippable"; that very fact is what will, in time, help bring the PPS back up to an appropriate level. When you sell is your choice, but I don't get caught up with price as much as I do the business itself. I bought my shares to sell once the Studioplex is complete and Medient is running at full throttle. The shareholder base will only continuing growing exponentially as construction begins, this dilution will be absorbed eventually rather quickly i expect. GLTA. MDNT.
Iv been following this board for over 8 months, if there is one thing I can tell people it is that we have been here before. Completely lost faith, angry, and seemingly out of the game, but each time we have come back stronger. This wont be an exception. Hold on and this will bounce back very nicely.
I might be one of the few here to say it, but I trust Manu; if you were paying attention he has always come through and been honest with shareholders. When Medient gets rolling, we will all profit. And as shareholders we can say we made a contribution in something we all helped build. MDNT
You're somewhat simple-minded. If you bought this as a trade, you didn't do very good DD; Manu warned us not to buy this stock for a quick profit or trade. He directly stated this was a long-term investment and the reason Medient went public was they were in need of financing. Shareholder's money hasn't been wasted as you imply. It has been funneled directly back into the company. PPS will reflect this eventually. Hold, sell, or move on, people.
This could head north just as violently as it crashed. Dilution could abruptly end and financing could be announced along with Yellow's release date. Still a lot to look forward to here... Money isn't lost until ya sell!
Is he going to build the studioplex?
I dont care about Henry... I care about Manu being true to his word. I care about this studioplex actually being built. I care about this stock currently being worthless.
County board member said the well is something that needed to be drilled regardless of Medient's involvement with or use of the site. The well means nothing as far as shareholders should be concerned. We need secured financing, end of dilution, and structure up on-site, plain and simple.
Bittersweet period for shareholders. On one hand, Cannes was a success and Medient has huge exposure as the construction kickoff nears. Yet those who shared the vision are being mercilessly punished. Manu owes all shareholders a very big debt; he'd better pull something together by month's end or this will plague him. You cant do this to people, plain and simple. Personally, I don't think he is a crook, and I see him pulling through for us in time.