MediaG3 (MDGC)

[Cassandra]

30% of today's volume traded at $.0001 (760K shares). Obviously that's an all-time low. The fact that the bid dropped to $.0001 to execute such a modest sell, demonstrates extreme illiquidity for MDGC stock.

Despite a buy of 834K shares @ $.0004 late in the day, the VWAP was only $.0002.

The last PR was on 1/28/13 announcing a new Board and new management team all of whom, along with COB/CTO Val Westergard, appear to have abandoned the company without comment. All signs of life are gone: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104480969

Given how supportive many longs have been, it's unfortunate that none of these officers and directors has been willing to issue a statement on the status of the company, which is likely that MediaG3 is no longer in business.

The last PR:

MediaG3 Announces New Board, New Management Team and 2013 Plans
http://ih.advfn.com/p.php?pid=nmona&article=56024735