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MEDIENT STUDIOS, INC. FILES (8-K) Disclosing Unregistered Sale of Equity Securities

August 27, 2014



Item 3.02 Unregistered Sales of Equity Securities.

On August 22, 2014, Medient Studios, Inc. (the "Company") issued 253,000,000 shares of its common stock upon conversion of $46,299 in principal on a note issued by the Company on May 5, 2014, at a conversion price of $0.000183.

The issuance of the foregoing shares of its common stock by the Company was made upon exemption from the registration requirements of the Securities Act pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended. The party receiving the shares is able to bear the investment's economic risk, have access to the type of information normally provided in a prospectus for a registered securities offering, and have agreed not to resell or distribute the securities to the public.


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Source: Edgar Glimpses


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