Medient Studios Inc. (fka MDNT)

[michaelstl]

Agree with the waste of shares. Manu was in charge and Koppelman was basically there to assist Manu and replace him if anything happened. He was not in charge and we all know that Manu was a "control freak". Things have changed now. Give them a chance to get this Ball rolling in the right direction. Again, I reiterate that I feel that a financial institution would probably have a problem with the Management aspect of the financing as it was previously set up. Now with Koppelman, Paterson involved I they will like the changes. Also, with the fluff taken out of this project I feel that it is more economically feasible. I feel that they have been working with local banks and will probably make headway with recent changes. Again I reiterate that the old projection for Phase 1 was 90 Mil Financing. We have a lease in place for 20 years for 10 mil appraised for 22 mil. The Authority will probably let them subordinate the lease payments. We have Prime Focus with 40 Mil worth of value to add to the project which would leave 40 Mil left out of the 90 Mil to be financed. However, the company says they will save about 30% on Construction Costs due to Modular Construction process which should greatly reduce this financing requirement. Looks like pretty good equity available for financing to me. Now what else do they have now to put in as collateral for the loan? Or do they need more collateral? Only the future will tell. Looks like a good penny stock play to me because the Market Cap Value is under 4 Mil dollars. Everyone is concentrating on the shares outstanding but the Market Cap reflects true value. Now let's say they get the financing in the near future. What do you think the PPS will do?

Disclaimer:
These are my personal views and are not to be construed as a recommendation to buy or sell a security. You should rely on your own due-diligence when making investment decisions.