Medient Studios Inc. (fka MDNT)

[Rodger90]

I do not get why people keep defending this idiot CEO. Yes he said the stock was not for the short term but he also said many things that contradicted that. No one could have guessed that meant diluting the stock down 90%+. That is insulting to the group of shareholders that bought in at those levels.

The shareholder letter was probably the most misleading thing that Manu produced. He stated that one of his main priorities was returning Medient stock price to its actual value. He made a point of how he was not diluting after releasing the 10k. He then goes on to dump 600M-700M shares in two months driving the share price down 90%+ from the highs. I hope this is part of some greater plan but I become less hopeful everyday.