Replies to post #49672 on Medient Studios Inc. (fka MDNT)

[Debbie777]

I read that yesterday. FINRA really put the screws to Curt Kramer and Asher Enterprises (I love it). I found it interesting, because the SEC litigation didn't include Asher, it looks like anything Kramer touches is going to get black balled. One thing about it, we might see a lot less reverse splits in the penny world, because there are a LOT of companies that have notes with Asher. Companies are going to think twice before making deals with them now too. I'm happy to see FINRA taking this approach, it's probably the best way to shut down some of these scum bags (SEC fines don't make a difference).

Since Jake's trying to also do a R/S, I searched last night, to see if there had been any previous SEC litigation with Joshua Sason and/or Magna and I couldn't find any. Problem is, we don't know who else MDNT might have deals with and if they're also on FINRA's "bad actors" list.

[ErnieBilco]

I didn't see that anywhere in the link. What I did see is they finally are calling Cramer a crook and snake. I don't think Medient uses Cramer and his companies.

The RS will go thru and everyone holding will be screwed.

JMO