Well I've got a fat stack of these shares and not scheduled to retire for another 30+ years. So if Manu has the pieces to let me retire in 5 years I'd be thrilled.
Like others have said, Atlas International is VITAL to the operations of Medient. Atlas has cash flow, and tangible assets. This 10q due at end of May will shock everyone with Atlas assets and revenues.
To everyone talking about .000X:
THIS WILL NEVER HAPPEN, MARK IT.
Think about it rationally. IF this were at .0005 even with a maxed out 5B AS/OS. It would be a 2.5M market cap.
They have ink on paper with a contractor for a $700M studioplex, the biggest of its kind in North America. They are expecting revenues of $200M+ per year once operational. This is a BILLION DOLLAR COMPANY. The county of Effingham and state of Georgia are behind this.
Now, does Manu need to find a way to finance other than dilution? ABSOLUTELY. He and Jake Shapiro are ruining the stock price. What keeps me so optimistic, Atlas took shares for acquisition. Atlas was alive and well, and is now joining forces to create the next major player in the INTERNATIONAL Movie business. I cannot begin to understand the revenues this could bring by making the same films in multiple languages with many different revenue streams coming together.
So to summarize, are there issues? YES. To me, those short term disadvantages do not begin to out value the long term ADVANTAGES of creating a studio of this magnitude. I am not here to flip. I'm long and strong, and will be damn glad I was long in a few weeks.
Disclaimer:All in my opinion. This is not an indication to buy or sell.
