Email sent:
Last April I read an article in the Atlanta Journal & Constitution about a small company with big dreams of building the largest studio in North America in South GA; My relationship with Medient began that day. After following the stock a few weeks, I made a small initial investment when MDNT was trading just under a dollar. It shot up to two and has been dropping dramatically and steadily ever sense. Fast forward one year. I've invested over $35,000 and now own millions of shares. I have hung in there with Medient through terrible management decisions and obscenely excessive dilution. My investment is now down over 90% and my life's savings has dwindled to the value of and inexpensive microwave. But, surprisingly, I have never been more excited. I was on the conference call and heard what Charles Koppleman, David Patterson and Jake Shapiro said; Excessive dilution and unfriendly shareholder financing has or is ending, building shareholder value and focused corporate responsibility is Top Of Mind Awareness, building an usable and efficient studio, making highly profitable movies and driving year-over-year revenues now seems to be Medient's Mantra!
There was talk of a reverse split. Usually that is a death sentence for a penny stock like this. Investors are extremely nervous. I would hope, you consider me and other current shareholders before taking such drastic action. Can the reverse split be delayed until the PPS recovers? Is it possible a reverse split can be taken off the table if the PPS bounces back on its on. I am on your side and in your corner, believe me when I tell you that! Best of luck to the management team!
Respectfully,
