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ANIA77

06/07/14 2:04 AM

#34058 RE: TESLA777 #34053

this is exactly what came to my mind as well;
$22M for land and $17M for Yellow (book value);
Plus on a top of that, when Manu mentioned about construction financials by the end of July, I am wondering if we are also waiting for $6M from Accounts Rec. which is highly possible it could arrive by then and add to a whole package to get approved for a loan...
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nolesroll

06/07/14 5:52 AM

#34059 RE: TESLA777 #34053

Now that, my friend, is VERY observant. I believe you are exactly right. Numbers don't lie, people do. And those numbers are telling the story....Seems obvious when it's supported by fact doesn't it. Way to go Matlock!

Manu stated they expect revenues of least 17 million on the film yellow, because that's what they have it on the books for, couple that with the stated value of the land, as per the lease agreement, of over 22 million and this represents their approximate 40 million dollars needed to finance Phase 1 by the end of the year. Is there not one, just one, financial institutions out of the 18,000 plus banks and credit unions in this country(I sold software to community banks for a decade so I know this) that would lend them the money based on this collateral? Just one? I believe there is and it's probably right down there in Savannah, because there are several. Banks are healthier now, have weathered the real estate meltdown and would take that deal. Just a matter of time now my friend. I think we'll get the announcement of secured bank financing within the month. Manu also stated in a tweet, that if bank financing was secured by July, Phase 1 would be completed by the end of the year. Medient has two major films being released in August, Yellow and The Battle for Banaras, one by a world class, proven and well known director, and a third, The New Wilderness, being released shortly there after?

We are about ready to make it rain around here....!!!

We have definitely weathered a very big dilution storm, but the sky is clearing and I think most people can see that now.....just a matter of time and the PPS will be trading well over a penny and into silver IMO!! The picture is becoming more and more clear as we go along and it's going to be a frick'n Rembrandt! I'm buying more next week....GO MDNT

MDNT DOLLAR LAND OR BUST!!!!!!!