Medient Studios Inc. (fka MDNT)

[Rodger90]

People seems to be questioning whether the account receivables or Yellow assets of Medient are real. I am pretty sure Manu would be on the first flight to India to avoid jail rather than trying to fight for his company in U.S. court if the assets were not real. There must be value in Medient or else why would Manu be fighting for the assets.

Also, those account receivables are related to Storage 24. Below are a few articles detailing who storage 24 was sold to. Even though it bombed theatrically in the U.S, it still made good money abroad, VOD, etc. I would like to find out where all the dilution money went to these last several months. That should have been enough to keep Medient afloat until the release of Yellow or collection of ARs.

http://www.hollywoodreporter.com/news/magnet-buys-north-american-rights-384017

http://www.screendaily.com/news/distribution/magnolias-magnet-takes-us-on-noel-clarke-horror-storage-24/5048293.article