Medient Appoints Merriman Capital as Capital Markets Advisor and Designated Advisor for Disclosure
January 29 2014 - 9:00AM
Marketwired
Medient Appoints Merriman Capital as Capital Markets Advisor and
Designated Advisor for Disclosure
EFFINGHAM, GA--(Marketwired - Jan 29, 2014) - Medient Studios,
Inc. (OTCQB: MDNT) ('Medient') announced today that San Francisco
based Merriman Capital, Inc. ('Merriman Capital') has been
appointed as the company's capital markets advisor and Designated
Advisor for Disclosure (DAD) for the OTCQX market. The OTCQX
marketplace is the premier tier of the U.S. Over-the-Counter (OTC)
market, providing investors with an objective measure to
distinguish the best OTC-traded companies. Many U.S. and
International companies join OTCQX as the final step toward a
NASDAQ or NYSE listing.
Manu Kumaran, Chairman & CEO of Medient, stated, "We are
pleased to have Merriman Capital join our team. Merriman Capital
has a strong record of success, as the number one investment bank
sponsor for OTCQX listings. We believe that listing on the OTCQX,
plus working closely with the Merriman team, will create long-term
value for all of our shareholders."
About Merriman Capital
Merriman Capital, Inc. is a full service investment bank and
Broker-Dealer that facilitates efficient capital formation through
a proprietary digital network, and offers Capital Markets Advisory
and comprehensive Corporate Brokerage services for public and
private companies. The firm also provides equity and options
execution services for sophisticated investors and differentiated
research for high growth companies. Merriman Capital, Inc. is a
wholly owned brokerage subsidiary of Merriman Holdings, Inc.
(OTCQX: MERR) and is a leading advisory firm for publicly traded,
high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a
capital marketplace that enables highly targeted and more efficient
execution of transactions. Please visit our website for more
information on how you can be a part of our Digital Capital
Network: http://www.digitalcapitalnetwork.com
Merriman Capital, Inc. is a registered broker-dealer and member
of The Financial Industry Regulatory Authority (FINRA)
http://www.finra.org/ and the Securities Investor Protection
Corporation (SIPC) http://www.sipc.org/.
About Medient Studios
Medient Studios, Inc. (OTCQB: MDNT) ('Medient')
(www.medient.com) is an entertainment content creation company with
a strong presence in North America, Europe and India. Medient's
management team has approximately 150 years of experience in the
motion picture industry and is responsible for producing and/or
financing over 250 movies. Medient is realigning the content
creation process to enable efficiencies of scale and eliminate
process waste by building a fully integrated movie and electronic
game production facility as part of its Studioplex on a 1,550-acre
property in Effingham County, Georgia. Once operational this
production facility will be the largest of its kind in the United
States.
Safe Harbor Statement The Private Securities Litigation Reform
Act of 1995 provides a "safe harbor" for forward-looking
statements. Certain information included in this press release
contains statements that are forward-looking, such as statements
related to the future anticipated direction of the industry, plans
for future expansion, various business development activities,
planned or required capital expenditures, future funding sources,
anticipated sales growth, and potential contracts. Such
forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results
in the future and, accordingly, such results may differ from those
expressed in any forward-looking statements made by, or on behalf
of, the company. These risks and uncertainties include, but are not
limited to, those relating to development and expansion activities,
dependence on existing management, financing activities, domestic
and global economic conditions, and other risks and uncertainties
described in the Company's periodic filings with the Securities and
Exchange Commission.
Contact: Investor Relations: David Waldman or Natalya Rudman
Crescendo Communications, LLC Phone: +1 (212) 671-1020 Ext. 304
Email: mdnt@crescendo-ir.com http://www.crescendo-ir.com/