Medient Studios Inc. (fka MDNT)

[Pisd]

Sometimes the SEC has considered a company's lack of a transfer agent as a factor in determining whether to revoke the registration of stock pursuant to Section 12(j) for the protection of investors.

Mindboggling the low bar set over there. I don't think they protected me when they took it off the market IMO. maybe I knew it was a POS, maybe I had been watching all the MM's tripping over themselves to dump, maybe I bought one tic off the 52 week low for flip after following for many months. Why protect me?, or put another way, who are they protecting???

Begs the question...

WHO ARE THEY REALLY PROTECTING???

if the issuer fails to comply with the federal securities laws.

Imagine say you don't file or pay any taxes, be reminded that these loser POS tickers pay no taxes at all, do you wonder if they will just let you start over under another ticker?

Mindboggling how they hold an individual person to a way high standard yet allow these scum f's to go all over the country lying to people that they could participate in the funding of the largest studio complex in the world, and then they lose all their money. Along comes the SEC, the POS that it is, to "protect" us.

Another point, when they compensate themselves with stock, then they sell their stock, is that a compensation? I really don't know?, or is it taxable as income? imagine the government protects people who DON'T pay taxes. I really don't know how these guys "compensation" gets treated for tax purposes but I do wonder. Kind of curious really. Does anybody know?