Medient Studios Inc. (fka MDNT)

[FavoredOne]

Halted or Suspended? Both.

I've seen a number of posts where people are trying to say halt is an incorrect term. The truth is that this is a halt caused by an SEC suspension. While I agree that the word suspension removes ambiguity, halt is accurate. Focus on the money trail, Manu, Shapiro, Atlas, and preparing yourself for decisions when the stock resumes trading on July 10th.

From OTC BB Trading Halt Codes:

Trading Halts Codes
Code Description
H10 Trading Halt - SEC Trading Suspension. The Securities and Exchange Commission has suspended trading in the security until further notice .
T3 Trading Halt Resumption - The time when the security is released for trading.
U1 Trading Halt - Foreign Regulatory Halt. Trading is halted because the OTC Equity Security or the security underlying an American Depository Receipt ("ADR") that is an OTC Equity Security ("OTC ADR") is listed on or registered with a foreign securities exchange or market, and the foreign securities exchange, market, or regulatory authority overseeing such issuer, exchange, or market, has halted trading in such security for regulatory reasons because of public interest concerns or for news pending.
U2 Trading Halt - Derivative Halt. Trading is halted because the OTC Equity Security or the security underlying an OTC ADR is a derivative or component of a security listed on or registered with a national securities exchange or foreign securities exchange or market ("listed security") and the national securities exchange, or foreign securities exchange or market has imposed a trading halt in the listed security.
U3 Trading Halt - Extraordinary Event Halt. Trading is halted because FINRA has determined that an extraordinary event has occurred or is ongoing that has had a material effect on the market for the OTC Equity Security or the security underlying an OTC ADR or has caused or has the potential to cause major disruption to the marketplace or significant uncertainty in the settlement and clearance process.