NEW YORK--(BUSINESS WIRE)--
SeeThruEquity, a leading New York City based independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has initiated coverage on Medient Studios, Inc. (MDNT), an entertainment content creation company with a strong presence in North America, Europe and India.
“Medient has a dedicated focus on cost containment and has produced a portfolio of films with a consistent return on investment. Medient plans to reengineer the film production model with the Studioplex, a fully integrated movie and game production facility and campus located in Effingham County, Georgia,” stated Ajay Tandon, CEO of SeeThruEquity. “Once the Studioplex is operational, it will generate production cost savings of 32-43% per film. Our analysis indicates a price target of $0.13 per share, which is detailed in our report.”
The report is available to SeeThruEquity Select Members on SeeThruEquity's website and at: MDNT Initiation Report. SeeThruEquity is an approved equity research contributor on Thomson First Call, CapitalIQ, FactSet, and Zack’s.
Please review important disclosures on our website at www.seethruequity.com.
SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and unbiased. We do not conduct any investment banking or commission based business. We are approved to contribute our research to Thomson Reuters One (First Call), CapitalIQ, FactSet, Zacks and distribute our research to our database of opt-in investors. We also contribute our estimates to Thomson Estimates, the leading estimates platform on Wall Street.
For more information visit www.seethruequity.com.
About Medient Studios, Inc.
Medient Studios, Inc. (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.
- Consumer Discretionary
Ajay Tandon, 646-495-0939