Replies to post #22364 on Medient Studios Inc. (fka MDNT)

[3454]

Because they are timing share sell off to news releases. It is not hard to see what they are doing here

[SuperMikeR]

I was thinking the same thing... I'm very interested to see the 10Q which should come sometime this month.

[FavoredOne]

rdragon said:

What I don't understand is why sell now, there are a lot of great things about to happen and one could easily sell 80% less shares and get the same amount of money if they let it run.

This is my main question. I'm holding and realize volatility is part of the game, but it irks me if the company is diluting big time at a penny or below when they could've diluted a fraction of the number of shares at a higher price.

Am I missing something? Is my assumption that the stock was about to double in PPS, before dilution, flawed?

I'm sure I'll be happy in a year or two, but I'd like to see some amount of stability in what my shares represent sometime soon.