From the article....MUST READ.
At the core of the changes among Medient’s leadership was the continued fall of its stock prices and the continued stock dilution, Shapiro acknowledged.
“It’s one of the reasons that forced the board to take its actions,” he said. “Every single decision this company makes has to come down to that bottom line question — does it create shareholder value? It is all about running a tight, efficient ship to maximize the value and growth of this company.”
Shapiro also re-affirmed the company’s commitment to the studioplex in Effingham County. The new management team will adhere to the plan Kumaran laid out of shooting movies at a lower cost.
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