Here's why I say Yellow is going to be a blockbuster movie..
The film's principal services creditor, the Prime Focus Group has been paid $1,125,000 out of the total outstanding invoice of $2,500,000. Prime Focus has also agreed to defer $1,000,000 until after the film has been released. The two other notes on the film -- Tommee May ($180,000) and Derreck Lee ($720,000) are not due until after the release of the film. In summary, $3,082,236 has been paid, $676,000 is to be paid prior to release, and the balance of $2,150,000 has been deferred to be paid out of film revenues.
What companies would wait until AFTER a films release to be paid unless they were SURE that the movie was going to rake in some serious bucks?
They only owe less than $3M on the movie..so if it grosses $100M then Medient would have CASH MONEY to build it's studio and plenty of money left over to make new movies with. I'm hoping that we can hang around .0020-.0030 from now until the release of Yellow and once it plays and sells out and gets nationwide release and this stock goes on up into pennyland and beyond. One day we'll all be sitting around going why in tarnation didn't I buy more of that while it was so cheap??
Ok..out the door for me to get some real work done. Hopefully we'll close green or at least at the same level as we started. Trying to decide if I can find enough money to get into the 2M share club....
AI
