Medient Studios Inc. (fka MDNT)

[BurrTim]

Short term we now know where working capital is coming from with today's news.

http://www.reuters.com/article/2013/08/26/ga-medient-studios-idUSnPNLA69317+1e0+PRN20130826

At first the short term nature of the financing gave me pause, but with their stated business model cash flow comes quick or it just won't matter. Proven cash flow sounds like it may lead to future monies as needed. From the article:

Donna Silverman, Portfolio Manager for TCA Global Credit Master Fund commented, "Medient's vision is truly extraordinary, and we are proud to provide finance to help the Company's future growth. We look forward to a long term partnership with the Medient team."

They could have done much worse than TCA for the 5 million and if they don't start bringing in cash in the short term the next loan won't matter.

http://www.tcaglobalfund.com/index.php?option=com_content&view=article&id=3&Itemid=103