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medient studios inc (MDNT) Snapshot

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10/2/13 - $0.31
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medient studios inc (MDNT) Details

Medient Studios, Inc. produces and distributes films primarily in North America, Europe, and India. It provides movies, music acts, and live performance shows under the Medient banner. The company was formerly known as Fairway Properties, Inc. and changed its name to Medient Studios, Inc. in October 2012. Medient Studios, Inc. was founded in 2007 and is based in Savannah, Georgia.

medient studios inc (MDNT) Top Compensated Officers

Task Leader
Total Annual Compensation: $59.0K
Task Leader
Total Annual Compensation: $6.0K
Compensation as of Fiscal Year 2013.

medient studios inc (MDNT) Key Developments

Medient Studios, Inc. Proposes Amendment to its Articles of Incorporation

Medient Studios, Inc. announced the special meeting of the shareholders to amend the company’s Articles of Incorporation to change the name of the company to 'Moon River Studios, Inc'. The company also announced to authorize the board of directors of the company to amend its Articles to effectuate a 1:1,000 reverse split of the company’s issued and outstanding shares of common stock, par value 0.001 per share and the company’s issued and outstanding shares of Series A Preferred Stock, par value 0.001 per share.

Medient Studios, Inc. announced delayed 10-Q filing

On 08/15/2014, Medient Studios, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Medient Studios, Inc. Announces Favorable Court Ruling

Medient Studios, Inc. announced that the company's former CEO, Manu Kumaran's application for receivership and a preliminary injunction were denied. In addition, the Court awarded attorney fees to the company. While Mr. Kumaran's applications for injunctive relief were denied in full, the underlying litigation which was not the subject of the Court's Order will proceed. The company will vigorously defend the action and expects it to be resolved favorably.


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