Medient Studios, Inc. announces reverse split, name change - WTOC-TV: Savannah, Beaufort, SC, News, Weather & Sports

Medient Studios, Inc. announces reverse split, name change

EFFINGHAM CO., GA (WTOC) -

Medient Studios, Inc. (PINKSHEETS: MDNT) announced Wednesday that its board of directors has approved a 1 for 1,000 reverse stock split of the company's issued and outstanding common and preferred stock.

In addition, the board also approved and announced a change in the company name to "Moon River Studios, Inc."

The name change and reverse split will take effect upon compliance by the company with applicable regulatory requirements.

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