Medient Studios Inc. (fka MDNT)

[TradeDoctor10]

Previous Stock Value: Par Value Shares: 550,000,000 Value: $ 0.001 No Par Value Shares: 0 ,Total Authorized Capital: $ 550,000.00

New Stock Value: Par Value Shares: 500,000 Value: $ 0.001
Par Value Shares: 50,000,000 Value: $ 0.001 No Par Value Shares:0
Total Authorized Capital: $ 50,500.00

In addition to stock buyback, which is my opinion, this could also be issuing of a different class of common stock. Anyone talking about a reverse split, cannot read and should not be trading pennies, or even handling money at a fast food restaurant.

Also, the math adds up. I don't see the error some were talking about. Notice, they did not reduce AS 10 to 1. Therefore reduce capital 10 to 1. They reduced one set of common shares to 50M, and created a new set of 500k. So AS was reduced by 499,500,000 shares 90.8%. Authorized Capital is taken at par (arbitrary value stock price on the books), but anything above this is recorded in excess of par and is convertible to cash. Said cash can be used to buy back those same shares at a lower price. If this is true, 10c target for OTCQX is a joke.

Or the whole thing is a scam and Manu is sitting at home laughing....

We will find out soon enough, but I don't think he is done with news and PR's for February yet!