Medient Studios Announces Reverse Stock Split & Name Change to Moon River Studios

Staff Report From Savannah CEO

Wednesday, August 27th, 2014

Medient Studios, Inc. today announced that the Board of Directors of the Company has approved a 1 for 1,000 reverse stock split of the Company's issued and outstanding common and preferred stock. The Board also approved a name change to "Moon River Studios, Inc."

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