Medient Studios Inc. (fka MDNT)

[SILVERISTHENEWGOLD]

They have $5M in account receivables which is almost all of their debt. The other liability on the balance sheet is "deferred revenue" which is different.
Your right they need to come up with a lot of money but it is do-able. Whether they get the money or not, I don't know, we are not going to know for a long time. I do know the stock is valued at a fraction of it's assets that they already have which is enough to send the stock price up much higher then it is now.
As far as your question about getting the money to... "cover the quarter mil they say is needed over the next year". They have a credit line for $5M which is way more then enough obviously.

One more thing, Manu has 10M preffered shares that have no special conversion rate. He is not going to sell those and give up his voting rights. And he is surely not going to sell them at .02. (in my opinion)