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At this point it is not a good investment based on many factors.
That is well known and has much more to do with just an interim CEO.
That is the least of MGQG's issues for potential investors.
Thanks for pointing out one of the most obvious reasons that takes almost no DD to find.
INterim CEO sounds like a RED Flag to me.....down 50%
No information on MSN money or Yahoo finance.....very questionable.
This does not look like a good investment, more like a lotto play, and not even a good one at that based on odds.
That's pretty good stuff, thanks for keeping an eye on the intraday action, it's much appreciated! One thing I'll say is that not all the vol has to necessarily be from a single buyer... I myself for example had placed a (miniscule) GTC order at .04 some time after the initial vol pickup, and I imagine this level may have looked like a good entry point for many after the first signs of life; not actually sure any .04s got picked up today, but I sure think that there's quite some speculative coat tailing interest out there
Looks like someone has accumulated about 890,000 shares since the announcement of the interim CEO taking over.
That's when this slow ,steady buying has taken place almost daily after months of little action.
That's about 12% of the float and actually quite a bit for a stock with only 8mm available.
Well somebody added big to their position EOD.
Besides the first sell for 14k early in the day, all the rest of the volume was in the last 15 minutes and all buys.
Looks like they took in 100k+ shares.
Got to admit E, there's more being done under Ferris in a month than they've done in a year, lol.
And somebody is buying stock
Hi all! Haven't been keeping up with Deaf Talk lately but spent 60 seconds or so reviewing news and posts and I think I am current again...unfortunately, LOL!
Nice stuff. I am encouraged. Got a lot of ground to regain, tho. Maybe I will contemplate averaging down if this keeps up. Other positions are blossoming right now, so that is my focus.
DT Interpreting to Upgrade Website
Deaf-Talk, Inc. (PINKSHEETS: MGQG), dba DT Interpreting (DTI), the industry leader in on-demand video sign language interpreting, announced today that the firm recently contracted with
BR Fisher....
http://www.brfisher.com/Work/Welcome.html
and Vance Wright Adams and Associates....
http://www.vwadesign.com/
.. to completely upgrade both the content and design of its web portal, www.dtinterpreting.com. Planned changes will provide a significantly better experience for the Company's shareholders and growing customer base.
DTI chose two highly successful, award-winning Pittsburgh firms to collaborate on creative web copy, design and functionality.
BR Fisher principal, Bradley Fisher, has more than thirty years of experience in corporate and agency communications, having worked with Ketchum Advertising, Alcoa, ATI, Elliott Turbomachinery, Imation, Digital Equipment, Harris Semiconductor and other high-tech and industrial clients.
Also with over thirty years experience, Vance Wright Adams clients include, among others, Alcoa, ATI, Bayer, Heinz, PPG Industries and U.S. Steel, as well as many of Pittsburgh's entrepreneurs in manufacturing, healthcare, education and technology.
"As our industry changes and DTI continues strong growth, it is imperative that the company's website be an easily navigated, informative source for DTI's current and potential customers, as well as our shareholders," stated DTI CEO, Richard Ferris. "With this in mind, BR Fisher and Vance Wright Adams have begun their efforts, and we look forward to the new website launch later this spring."
I agree this is encouraging. Sounds like a lot of details
to clean up, but once this comes together it is going to improve. My feeling is this is a sleeper
Exactly T. Many of us have commented on the fact it is an easy fix and something that should have been done a long time ago.
Kudos to Ferris. It seems since his appointment as interim CEO things are going ahead in a very positive fashion.
They should seriously start thinking of changing the tinker symbol to reflect the image of the company too.
News is out!
Hiring a firm to upgrade the website is, admittedly, something I (and I know a lot of others) thought of last year, but it's a great improvement!
- TT
Steady accumulation still the recent norm.
Everyday hits on the ASK.
Looks like the 50dma has crossed the 100dma....a few more days at these levels and it will cross the 200 triggering a golden cross.
I am really excited that this is on the move, again. In my opinion, the acquisition of a new CEO is going to help further things along quite a bit. New, experienced (hopefully, in public companies) blood in the company usually signals big changes, and compared to how this company has been running lately (at least from a shareholder's perspective), any change will hopefully be good change.
- TT
Well well well. Look who just woke up. Go MGQG
the sleeping giant.
Under Georgia law they are required to release them once a year from my understanding.
(I consider this a huge bonus for shareholders. So many other public entities don't fall under this guideline set by the Peachtree state.)
This was the reason they complied last year and released what we have on the website now.
So even if they do not get current (now, later, or ever) with audited fins there should be a release about the same time as last year or be in violation of that statute.
What I believe the company management/BOD does not realize is that they can take any of the previously unaudited filings from last year , along with an attorney letter (hello interim CEO and attorney Richard Ferris), and submit them to OTC Markets and get the 'Pink Sheet No Information' designation lifted to 'Pink Sheet Limited Information'.
A very positive step IMO.
But if the CEO search produces a candidate with skills in running a public company, he/she would understand that filing and getting current would be the number one priority of any security.
Even the least informed investor realizes that.
But until then let's hope they comply with the laws set down for incorporation in the state of Georgia
Yea, I'm curious as to what is going on. In either case I'm going to hold. Any idea when we are going to see some updated financials?
I truly don't know except the accumulation started on the day the PR was released stating Ferris was taking over as Interim CEO and starting a search for a new permanent replacement for Bob Fisher.
It would appear as if that is a catalyst of some sort.
Not sure if Fisher is still on the BOD. That part remains unclear and I wish the company would update the website to reflect one or both changes.
My guess is the search is going to include the criteria of a new CEO with some public company experience, as well as a desire and goal to make that some sort of priority.
No sense sitting on millions of preferreds and not being able to cash in someday.
Since then the other PR's they have released have been pretty good indicators of some forward progress in technology.
What is causing this? New officers or something?
MGQG "Strong Buy" rating....been a while.
http://barchart.com/quotes/stocks/MGQG
http://barchart.com/opinions/stocks/MGQG
And someone just paint smacked the .14's, lol.
.08 x .14 ... 5000 just took out the .08's
Now that is funny.
At this point I am on my knees giving thanks to the stock God (not wallstreet61).
Solid day. I thought the break to .08 was a nice paint for 100 shares from a weary long time shareholder who just wanted to see a green account again.
But the last three buys of 10k for .08 might show the "accumulator" might be willing to still pay a premium to get MGQG shares.
At this point if it is one entity buying shares they a closing in on a half million out of the 8 mil float.....
Long time since I have seen this kind of report....
http://barchart.com/quotes/stocks/MGQG
Mgqg has been a dead fish for a while. I like this recent comm. Hope this gets back on its feet.
I'm thinking there is something going on behind the scenes now from recent market action as compared to when you asked this question.
Since this announcement of the CEO stepping down, Interim CEO and long time company advisor and lawyer taking over and announcing search for new CEO, there have been two PR's issued and a steady slow accumulation of available shares without raising the ASK.
Seems somebody with some market awareness (with an 8 mil float that would have to be a reasonable assumption since any violent movement sends this in either direction) is interested for reasons not known yet.
Someone is smacking that ASK. Just took out all the .05's
It appears that someone just took out the 57k at .05.
Less than 12k left at that price.
With this steady slow accumulation and extremely low float , sooner or later that ASK will rise.
DT Interpreting VideoHub Service Expanding
Deaf-Talk, Inc., dba DT Interpreting (PINKSHEETS: MGQG) (DTI), the industry leader in on-demand video sign language interpreting, announced today that its recently instituted DTVideoHub service continues a strong, steady growth of new healthcare facility clients, additional installations for existing clients and conversions of previously installed, older equipment to the state-of-the-art DTVideoHub technology. Healthcare facilities utilize the service not only to facilitate sign language interpreting for the deaf but also as a readily available general video communications tool, thus providing DTI with an additional profit center from the same service. DT Interpreting is now the country's largest provider to the healthcare industry of an on-demand, integrated video conferencing network for interpreting services.
The features of the DTVideoHub are:
Affords very inexpensive and simple implementation, use and maintenance
Utilizes the Internet
Readily integrates with existing video conferencing equipment
Also provides easy utilization of Internet-connected devices, such as tablets, PC notebooks, MACs, iPhones, iPad2s and Android mobile phones
Employs state-of-the-art technology
Maintains complete security
The benefits of the DTVideoHub to healthcare facilities are:
Affordable -- fits into almost all budgets
Easily provides state-of-the-art, secure interpreting service to the deaf
Utilizes existing interpreting staff for all facilities without travel cost
Needs little, if any, additional equipment
No army of IT staff needed to implement or maintain
Affords a high-quality general video tool for physicians and other personnel to communicate between departments, patient floors, hospitals, remote clinics, etc.
Gives physicians an efficient means to consult in emergency situations
Please contact David Stauffer at 412.563.3177 with any questions or to discuss implementation in a facility.
Product names mentioned are protected trademarks of their respective owners.
MGQG accumulation continues...today was the highest volume day in 10 months.
Somebody has been on a little accumulation spree since the news of a new CEO.
Looks like they are gathering over 150k shares since slowly.
With a float of 8mm it would be the only way without raising the ASK drastically.
I think at this time they have failed so miserably for so long since going public it will take some time to rebuild confidence.
At least we are seeing some releases and what appear to be some positive steps forward.
Let's hope Ferris understands the situation and while he's interim CEO builds up from the bottom in measured paces at the very least.
As well makes sure any incoming CEO see's shareholder value as a major criteria.
Great news, yet public support fails :(
DT Interpreting Selects Sierra w/o Wires to Support Growing Video Conferencing Services
Deaf-Talk, Inc., dba DT Interpreting (PINKSHEETS: MGQG) (DTI), the industry leader in on-demand video sign language interpreting, today announced that, after a successful trial period, the Company has entered into a long-term agreement with a Pittsburgh, PA - based IT company, Sierra w/o Wires, Inc.(Sierra), to provide IT support, installations and hosting services for DT Interpreting's growing video conferencing services. Sierra w/o Wires will provide 24x7x365 support for DTI's 400+ video conferencing system installations, and Sierra's Pittsburgh Tier 3 Data Center will provide hosting services for DTI's new video bridging and telecommunications equipment.
DT Interpreting Interim CEO Richard Ferris stated, "Sierra w/o Wires was voted the IT service provider of the year in Western PA for 2010/11 by the Pittsburgh Technology Council, and it supports customers in 32 US states and 2 other countries. We are quite confident that DTI now has the support of one of the best IT companies in the country as it expands video conferencing services in health care and other industries."
Mike Broeker, president of Sierra w/o Wires, stated, "We are very pleased DT Interpreting selected Sierra as its IT support partner as we feel this relationship creates a significant opportunity for both organizations. Providing the most current video conferencing technologies available will strengthen DTI and help to expand its customer base, while Sierra will grow working to provide its high quality and reliable 24x7x365 support for the important service that DT Interpreting supplies its customers."
About Sierra w/o Wires
Sierra w/o Wires (www.SierraExperts.com) is a Pittsburgh, PA - based IT organization providing management and data center services to organizations throughout the country. Founded in 2006, Sierra is a leading IT service provider selected as one of the best places to work in Western PA and has been honored with numerous awards for its exemplary services.
About DT Interpreting
Founded in 1999 and now the industry leader, publicly-traded DT Interpreting is headquartered in Carnegie, PA, a suburb of Pittsburgh, with sales and customer service offices in Connecticut, Ohio and North Carolina. The Company provides on-demand video sign language and over the phone language interpretation in more than 150 languages, as well as full-scale document translation and translations into Braille.
LOL. I actually had a phone conversation with Ferris a few months after the merger.
He was pretty upfront and actually gave me as much info as he could at the time.
Through him we figured out all the BOD members and who the security attorney was. He also gave me background on some of the Execs and his long time relationship with the company.
More than the company was releasing really, and none of it was considered 'classified'.
I don't care if he can cook , as long as he realizes that shareholders are owed some sort of fiduciary responsibility from management to increase value.
And although he never said so, I believe he is one of the holders of restricted stock in the company.
It would be in his best interest to see the stock do better if so, and that should weigh in during his search for a new CEO.
Yea, but can he cook?
DT Interpreting Appoints Interim CEO
Deaf-Talk, Inc., dba DT Interpreting (PINKSHEETS: MGQG) (DTI), the industry leader in on-demand video sign language interpreting, announced today that Richard A. Ferris has been appointed to the position of interim CEO. Effective immediately, he will manage all aspects of the company working to increase shareholder value and lead the board of directors' search process for a permanent CEO.
Mr. Ferris has practiced law in the Pittsburgh area for over 40 years, having held positions as a contract attorney for the Pennsylvania Department of Revenue and assistant solicitor for Allegheny County (Pittsburgh, PA). Additionally, he has been a partner and advisor in several real estate development projects, as well as involved in professional soccer team and travel industry business ventures. Currently, in addition to his law practice, Ferris functions as solicitor for the Borough of Bridgeville, PA and has served on the DTI board of directors since the company completed its reverse merger with Morgan Equities mid-2010. He holds a BA from Colgate University and LLB and JD degrees from the Dickinson School of Law.
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Our parent company, Deaf-Talk, Inc., pioneered the concept of delivering ASL certified interpreters via video back in 1999 when we started serving only a handful of hospitals.
Today, more than 300 hospital installations nationwide (and counting), position us as the leaders in the field.
Adapting constantly to the latest technologies available and using the best quality equipment in the market, today we serve some of the most prestigious institutions in the country
Call 877-229-8119
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| ASL Video Interpreting Over-the-Phone Interpreting Document Translations Braille Transcriptions |
With the help of technology advances, DT Interpreting has grown from fewer than
5 clients in 2000 to nearly 400 today.
|
"More than 300 hospital installations in 38 states make us the most trusted video interpreting service in the nation ! "
Share structure - 7/18/2012
Authorized shares : 60,000,000
Outstanding shares: 43,230,371
Restricted shares.: 34,860,423
Free trading float: 8,369,948
All of this information can be verified at anytime. The Transfer agent is UNGAGGED.
Contact Information | ||||
Investor Relations:David Stauffer, V.P.Toll Free: 877-229-8119Local: 412-563-3177 | Corporate Office: 14 E. Main Street Carnegie, PA 15106 Toll Free: 877-229-8119 Local: 412-563-3177 | Connecticut Office: Sales & Customer Service Tom Hamilton, V.P. Marketing Tel: 860-633-3711
| North Carolina Office: Sales & Customer Service Harry Hillgrove, Account Exec. Tel: 910-235-0946 |
REVERSE MERGER INFORMATION:
Deaf Talk inc went Public on Wednesday 9/15/2010 after being a private company for 12 years. David Stauffer and Bob Fisher have been in charge since the company started back in late 1990's.
This is a 7 minute video which provides a general overview of DT Interpreting's remote, on-demand video service.
When this article was written, DT Interpreting had 47 hospital installations and were expecting to make $2 mil. in revenue that year, and $5 mil the following year.
"Hospitals that sign on... generally pay $400 a month and $3 for each minute the lines are open."
"Today, Deaf-Talk employs 23 employees, works with a monthly operating budget of about $60,000 and has been in the black for the last 6 months."
"...the hospitals can either rent the equipment for $400 a month or purchase the hardware for about $6,000."
"...hospitals are required to provide interpreters for deaf patients free of charge under the Americans With Disabilities Act."
"By using video conferencing to link deaf patients with professional interpreters, DT Interpreting were able to provide quick, effecient interpreting services to hospitals within 5-10 minutes, whenever they required it."
"DT Interpreting chose BCS Global's Virtual Room service to link some of the 400 registered hospitals with their 50 professional interpreters who are available 24/7. Today, hospitals from as far as Arizona to Baltimore, New Jersey and Rhode Island are all using the BCS Global Virtual Room service to get access to Interpreters instantly."
"The service has proved so successful, DT Interpreting is also considering trialling it in doctors' offices around the US."
Pittsburgh Post-Gazette, 3/8/11
"With the help of technology advances, DT Interpreting has grown from fewer than 5 clients in 2000 to more than 300 today"
"The company went public last year as a penny stock... the two founders are shooting for $3 to $4 a share"
"...DT Interpreting now has plans to expand to the central U.S. and points farther west."
"Deaf Talk, LLC and Sony Electronics are collaborating on program aimed at helping hospital emergency rooms effectively bridge the communications gap with hearing-impaired individuals by providing access to on-demand American Sign Language (ASL) video interpreting services."
Deaf-Talk, Inc. the industry leader in on-demand video sign language interpreting, announced that it has entered into a three-year Teaming Agreement with Veteran Partners Corporation (VPC), a Minority Owned Business Enterprise, Service Disabled Veteran Owned Small Business (SDVOSB). The Agreement provides that VPC will be the exclusive SDVOSB to market DTI interpreting and translation services and equipment in relation to solicitations from and proposals to U.S. Governmental Agencies.
"DT Interpreting chose to team its translation and interpreting experience with that of established Veteran Partners to increase its opportunity to sell in the government market. We look forward to commencing efforts to gain traction and reputation in that market segment as we seek to meet governmental need for interpreting and translation services," stated David Stauffer, DT Interpreting president.
In addition to its video sign language interpreting and on-demand over-the-phone interpreting in more than 150 languages, DT Interpreting also offers full-scale document translation services and transcription into Braille.
Chief Operating Officer for Veteran Partners, Joseph N. DeNardo, recently joined DT Interpreting's Board of Directors. In addition to certification as SDVOSB, Veteran Partners Corporation is a Small Disadvantaged Business Enterprise and a Minority Business Enterprise.
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