Medient Studios Inc. (fka MDNT)

[michaelstl]

Yes, dilution is the culprit
You take a look at shares outstanding one week and then find out that they have tripled a few weeks later! Manu Kumaran controls the common and preferred stock. He can do most anything he wants with this company and the common stockholders are at his mercy. Why did he sign a lease without a financing commitment in place? Yes, Manu, we all make mistakes. Hopefully, we learn by our mistakes. IMO





This is my personal opinion and not to be construed as a recommendation to buy or sell a security. You should do your own due-diligence when deciding to invest.