Medient Studios Inc. (fka MDNT)

[michaelstl]

Requirements for down Payment on Construction Loan
It would be ridiculous to try and guess the number of shares outstanding at this point. We will soon have an idea. The relentless sale of stock is probably due to a requirement to put down a substantial payment for the construction loan. This project is a Specialty type project. Lenders have to look at Equity, Management, Contractor, types of buildings to be constructed etc. before they decide to lend money. It is evident that this company has had a problem in financing this project. I think that they would have announced the financing earlier but will be in a stock liquidation phase until they get enough to announce the financing details. What else can they do at this point? IMO




This is a personal opinion 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.