Medient Announces Activity Guidance Estimates
March 31 2014 - 6:16PM
Marketwired
Medient Announces Activity Guidance Estimates
EFFINGHAM COUNTY, GA--(Marketwired - Mar 31, 2014) - Medient
Studios (OTCQB: MDNT) today announced its Activity Guidance
Estimates for the remainder of 2014.
The calendar is as follows:
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Announcement of Production 16 |
|
April |
Finalization of Technology Partnerships for the Studioplex |
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April |
Commencement of Construction of Studioplex Phase I |
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May |
Announcement of Release date for Yellow |
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May |
Announcement of Production Services Agreements for Indian language
films to be filmed in Georgia |
|
May |
Announcement of film slate 2014-15 at Cannes - minimum of four
films |
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May |
Commencement of Production on The Damned |
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July |
Commencement of first Indian language film to be filmed in
Georgia |
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July |
US Release of Yellow |
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August |
Commencement of Production on Production 16 |
|
October |
Announcement of 2015-16 slate at the American Film Market (6
films) |
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November |
Completion of Construction of Studioplex Phase 1 |
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December |
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Note: The above is Management's best current estimates. All
tasks are estimated to be completed by the last working day of the
month.
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.
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/