Yes it is important you brought up the OTCQX because we have to add all that into the equation and simply stated the PPS has to be 10 cents to get to OTCQX. Issuing a butt load of shares may be difficult to maintain that 10 cent PPS so I am trying to wrap my head around it. Also yes any massive amount of shares used for financing would obviously have to have an advanced conversion execution date. Anyway what I am getting at is still trying yo figure out how they making this big move to OTCQX.
There is never a sure thing that if they finance money for films they will make money so it is still leaving room for a lot of speculative PPS increase.
My thoughts are they have no choose but to get the PPS raised and the only major catalyst that makes sense is cash flow coming in. So the big news we need to see short term before any share backed financing is Medient receives a $14 million advance from its new distributor for Yellow. Now that would bring the PPS up to at least 10 cents they can let the PPS settle then issue financing news having to issue less shares for financing because the PPS is high and the company has positive cash flow on the books. Only way I see this playing out. Sure studio construction news is awesome but for me not a massive catalyst like it is for others.
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