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TradeDoctor10

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TradeDoctor10

Re: vaporman post# 12589

Wednesday, 03/12/2014 12:43:59 AM

Wednesday, March 12, 2014 12:43:59 AM

Post# of 54103
http://www.atlasfilm.com/news/product---corporate/atlas-international-and-medient-studios-join-hands.html

Paid 5M shares for acquisition of Atlas. Expected to bring up to a 30 million sales advance.

"Under the terms of the MOU, Germany-based Atlas will provide up to $30 million as a sales advance to form part of the financing of the movies in the slate. Medient's output is expected to reach 8 - 12 movies annually with budgets ranging from $2Million to $40Million."
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