Replies to post #27362 on Medient Studios Inc. (fka MDNT)

[ANIA77]

someone mentioned here before that they may have to clean up as much debt as possible to get a construction loan approved;
I couldn't agree more here;
I also think that they may have to put Yellow in lien (sorry for my English but I think that this is a correct word) to get a construction loan; as any starting up company, they do not have much.. bank needs to have some kind of security interest that they are going to be able to pay it off... Yellow is the only thing that they own and it has value, should be good enough for a bank as long as all liabilities are paid off... IMO