Medient Studios Inc. (fka MDNT)

[armour1955]

Well...i read the MOU...i suggest everyone do the same.

My conclusion is this is a more than doable deal.
Because:
1 - the bonds are not tax exempt initially but that can change depending upon IRS rulings
2 - the bonds are the sole obligation of the company (the state the county nor the IDA have any obligation)
3 - the company, with written permission can assign the rights to any party

So...my conclusion is that MDNT will issue the bonds, build the facility...sell it...pay off the bonds and lease the space from the new owner...this approach is taken all the time for major real estate developments. This is the perfect setup.

The developed property will be worth much more than the construction costs especially with other developers coming in to build the housing, the Leaf, infrastructure improvements and other segments.

ITS NO WONDER FAKE STORIES ARE BEING POSTED AND MANU IS BEING PUMMELLED...

T'm buying more monday morning.!