Medient Studios Inc. (fka MDNT)

[texas_gal]

My question is if Medient sold it's rights to Yellow in 2012, how is it going to benefit Medient with any of the profits Yellow brings in? Also with the legal summary judgement against it of $370,000, how much money did Medient settle for on Yellow worldwide rights? I own this stock but I like the truth too.

November 8, 2011
http://www.comingsoon.net/news/movienews.php?id=84080

Posted 2 years, 73 days ago
http://collider.com/phase-4-hick-seven-arts-yellow/

Sunday, July 8, 2012
http://www.calimoviefansite.com/2012/07/seven-arts-gfm-films-acquired-yellow-at.html


Wednesday, March 20th, 2013, 8:22pm
http://effingham.wtoc.com/news/news/112601-90-million-effingham-movie-studio-it-really-do-able
Kumaran says "Yellow" hasn't been released yet. Right now, there's a $370,000 legal summary judgment against Yellow's filmmakers in California. Canadian twin singing duo Carmen and Camille Thomas say they loaned $300,000 to the movie in exchange for roles, but they neither got the parts nor got repaid. Their father sued the filmmakers.

Medient is publicly traded (OTCQB: MDNT) and as of its last quarterly statement, filed in December, had no cash on hand.