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"Also, DTI plans to sign agreements with 20 - 30 additional sales reps who have established territories that will give us exposure from coast to coast. With C&A's management assistance for this new sales force, DTI can focus on the delivery and support of the sold equipment and services."
So it appears they hired CA and their existing sale force....and are hiring 20-30 more sales reps.
So's a garden slug.....about now they move at the same pace.
That's pretty funny but sadly all too true.
After a few years it has still not sunk in with present management that it is now a PUBLIC company.
Do we need to hire one of the interpreters to communicate for this MUTE company? HELLO!!!!
Holy. I had to blow the dust off this one. Could believe my eyes.
This is now selling way cheaper than when it was a dead shell with no operations.
Way to go DT management.......lol.
TOP 3 priorities for Deaf Talk management:
1. File the required financials and have the "Warning" & "Stop Sign" removed from the OTCMarkets.com web site.
2. File the required financials and have the "Warning" & "Stop Sign" removed from the OTCMarkets.com web site.
3. File the required financials and have the "Warning" & "Stop Sign" removed from the OTCMarkets.com web site.
Why is this so difficult to understand?
FACT: Shareholder value will continue to erode until Deaf Talk management addresses this lingering issue.
It's time for Deaf Talk management to stop with the endless excuses and finally act on its "fiduciary duty to shareholders."
Shareholders deserve better.
DT Interpreting Fails to Add Past Financials and Get Current while Releasing another Meaningless Press Release
As of September 21, 2012: From January 2010 until today there have been a total of 1116 SEC Suspensions where ALL 1116 stocks were reinstated on the Grey Sheets after the ten day SEC Suspension ended.
Of the 1116 SEC Suspended stocks since January 2010 645 Registrations have been revoked.
The remaining 471 stocks are on the Grey Sheets (or still in the ten day SEC Suspension within the last ten days) and not one has made it off the Grey Sheets back to quotation by any Market Maker.
Of the 471 stocks that are on the Grey Sheets most are awaiting revocation on DEFAULT for failure to file Financials, wherein there were no other allegations that would require subsequent SEC Litigation(s).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79825542
DT Interpreting Adds Non-English Video Interpreting Service
http://ih.advfn.com/p.php?pid=nmona&article=54730489&symbol=MGQG
Message to Deaf Talk management...SELL THE DAMN COMPANY. YOU HAVE FAILED YOUR FIDUCIARY DUTY TO SHAREHOLDERS.
You have proven over the past two years you are incapable of running a public company. Shareholder value continues to erode on a daily, weekly, monthly, yearly basis.
Richard A. Ferris appears to be another ass-clown when managing a public company along with Stauffer and Fisher.
Totally clueless.
They all should look up the meaning of 'fiduciary duty to shareholders' and then have it tattooed on their lying incompetent asses.
"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."
http://www.marketwire.com/press-release/dt-interpreting-appoints-interim-ceo-pinksheets-mgqg-1627665.htm
Deaf Talk management has failed its shareholders miserably. The DECREASE in shareholder value has been catastrophic for shareholders.
When is Deaf Talk management going to realize that the share price will remain in the toilet until they file the required financials and have the "Warning" & "Stop Sign" removed from the OTCMarkets.com web site?
http://www.otcmarkets.com/stock/mgqg/quote
Shareholders deserve better.
Here's some share structure history of Deaf Talk...
when they went public:
A/S 50M
O/S 14,367,534
R/S 5,997,583
Float 8,369,583
Oct 2010 they issued 26,377,671 to insiders
A/S 50M
O/S 40,745,205
R/S 32,375,254
Feb 2011:
A/S 50M
O/S 42,552,700
R/S 33,682,752
Float: 8,369,998
July 2011:
see #msg-65009687
Today as per the TA:
A/S 50M
O/S 43,230,371---some of this is restricted but they won't give exact numbers
either way---still manageable
and 2 years ago they said the same thing about PR's and an audit---nobody knows why they even went public
GLTA
The question we need to ask Deaf Talk management is "What is the fair value of your company?" or "What is the fair value of your company in terms of share price?"
The company claims a prospective buyer recently inquired about purchasing the company, but the deal ultimately fell through. If so, what was the asking price in terms of share price? .10?, .25?, .50?, 1.00?
If management feels the company is grossly undervalued, why aren't they aggressively buying back shares and retiring them from the float? Unfortunately, it has become painfully obvious that Deaf Talk management is clueless and doesn't have a plan or strategy for increasing shareholder value.
Shareholders deserve better.
Since Deaf Talk went public over two years ago, the company's management has recklessly over-promised and under-delivered in terms of delivering shareholder value.
I vote my shares to that. Of course DS will tell us a press release will be coming out within the week and AUDITOR is finishing up financials shortly. At least that is what he told me four weeks ago. Maybe I should ask when are we going to have a stockholders meeting.
Deaf Talk management has failed its shareholders miserably. Sadly, they're either too damn incompetent or too damn lazy to file the required financials. For this failure alone, the entire Board of Directors should be fired and replaced. The stock is trading in the .01 to .02 range, but they don't even seem to care or give a damn.
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
Management at Deaf Talk better start believing this can happen to them at any time.
Blaming the past ownership of the shell for lack of records or filing is just abdicating the responsibilities they have to shareholders to be transparent. It is no excuse.
The failure to get any financials done and filed with the SEC is a disgrace that could have dire consequences.
So far this year over 600 companies have been suspended for this very reason.
I'm simply stumped why this company went public in the first place.
16 more OTC/Pink stocks suspended by the SEC for failure to file financials.
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
Management at Deaf Talk better start believing this can happen to them at any time. The failure to get any financials done and filed with the SEC is a disgrace that could have dire consequences.
So far this year over 600 companies have been suspended for this very reason.
The understatement of the month.
Was hoping with some of the changes we would get more info in a timely manner. Instead seems we see a press release and some positive slants, but then back to the crickets chirping for a month or two.
It would have been good if they had broken out the numbers of new vs. re-newed contracts in the 87 installations.
It seems they have continued renewals if you follow past PR's ( no complaint there....clients must like the service), but new contracts is more important to revenue growth.
DT Interpreting Reports Surge in New and Renewed Contracts
Date : 08/14/2012 @ 7:00AM
Source : MarketWire
Stock : Deaf-talk (PN) (MGQG)
Quote : 0.025 0.0 (0.00%) @ 5:32AM
DT Interpreting Reports Surge in New and Renewed Contracts
Deaf-Talk, Inc. (PINKSHEETS: MGQG), dba DT Interpreting (DTI), the industry leader in on-demand video sign language interpreting, today announced that it is experiencing a significant surge in new and renewed contracts, with installations over the last several months of 87 new mobile video units dedicated to on-demand ASL video interpreting. The video units were placed in 42 different health care facilities in 37 separate US cities.
The Company believes this surge to be a result of the recently implemented DT Video Hub seamless video technology, which now makes it simple and fast to deliver certified ASL interpreters via real-time video transmission with minimum systems integration challenges for its subscribers. DT Video Hub is an internet-based service that not only integrates with existing dedicated video conferencing equipment but also with Internet-connected tablets, PC notebooks, MACs, iPhones, iPad2s and Android mobile phones. DT Video Hub supports one-to-one, single client network or multiple client networks.
"The introduction of the easily integrated DT Video Hub has definitely sparked interest and excitement in new customers as well as our established clients," stated DT Interpreting Interim CEO, Richard Ferris. "We are pleased to be able to provide them with this efficient, risk-reducing interpreting service for their needs. With the amount of interest we've experienced, we fully expect this surge in new and renewed contracts to continue. In addition to that, we continue aggressive marketing and efforts toward strategic partnerships," concluded Ferris.
"Through commitment to quality of service and state-of-the-art technology, DTI has established itself as a leader in the cross-cultural communications industry," said Robert Fisher, COO and head of technology. "We constantly continue research and development to be certain we can bring the best possible interpreting services to medical facilities, businesses and organizations nationwide."
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.
Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Deaf-Talk, Inc. dba DT Interpreting, which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Press Contact
David Stauffer
DT Interpreting
412.563.3177
www.dtinterpreting.com
Not a fat finger trade. 80% of the MGQG outstanding shares are restricted and are held by MGQG board members and insiders. Float is tiny (only 8M shares). Two-year high is .40. Will take just a little volume/momentum for the share price to soar much higher.
Fat finger trade? .14 instead of .014?
Seems that 5000 shares went through at .14 from what I see. Anyone else see or know anything?
Nice intro BTW - Thanks dp
jaxstraw, please update the share structure date too (should be 7/18/2012). This will illustrate that MGQG's share structure has remained relatively unchanged for the past 14 months. Thanks again.
Would this be beneficial under the new health law???
jaxstraw, please update MGQG's share structure to the following:
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
DT Interpreting Releases Year-End Financial Statements
Deaf-Talk, Inc. (PINKSHEETS: MGQG), dba DT Interpreting (DTI), the industry leader in on-demand video sign language interpreting, today announced the release of its unaudited financial statements for the fiscal year ending April 30, 2012. The statements provide a two-year comparison on an accrual basis and show the Company had revenue of $2,668,495.00 compared to revenue of $2,449,989.00 last year. Net income for the Company was $141,530.00 over $65,509.00 for last year, a significant increase in difficult economic conditions.
As of April 30, 2012, assets in the Company totaled $484,052.00 and liabilities were $157,177 with equity of $326,875.00.
Full financial statements will be available shortly on the Company's recently updated website investor's section at http://dtinterpreting.com/company/investors/. Expanded content on the improved website features information about DTI's new touchscreen video workstations, as well as the company's advanced DTVideoHub™ video server technology that was announced earlier this year. Current customers, in addition to new accounts, have been converting to the more advanced and easier to use equipment. The new website homepage can be reached at www.dtinterpreting.com.
See the Investor FAQ page for any information about current reporting.
http://dtinterpreting.com/company/investors/investor-faq/
Thank you for fixing those items, do you think you could see about the financials from Apr 30, 2011 to the current?
We're glad you like the site. We've fixed the broken links. Thanks for letting us know.
--- DTI web team.
Site looks professional. It even has an investors page, but when I clicked on the financial links..."Error 404 Not Found..."..lol some things never change...Best of Luck.
This site looks very good. :)
DT Interpreting Launches New Website
Deaf-Talk, Inc. (PINKSHEETS: MGQG), dba DT Interpreting (DTI), the industry leader in on-demand video sign language interpreting, today announced the launch of its new website. The site features expanded investor relations pages, updated company detail and improved access to service and product information for current and potential customers. Visitors can more easily search the site, navigate to content that meets their needs and stay in touch with the company through newsletter subscriptions, RSS feeds and email contacts.
Expanded content also features information about DTI's new touchscreen video workstations, as well as the company's advanced DTVideoHub™ video server technology that was announced earlier this year.
"The industry we helped found is changing quickly," stated DTI CEO, Richard Ferris. "With this new website in place, we are better positioned to keep our customers, shareholders and the public informed of all that DT Interpreting does to stay on the leading edge of on-demand video remote interpreting and language services as the company grows."
The new website can be reached at http://dtinterpreting.com/
Why are you searching for a new CEO?
We have restructured to focus the entrepreneurial talents of our founders directly on the important areas of sales and technology development as we recruit leadership with the marketing and corporate experience to extend our growth. We value our founders’ continued leadership and believe that a stronger team and a brighter future for DT Interpreting will be the result of this restructuring.
http://dtinterpreting.com/company/investors/investor-faq/
They link this IHUB forum in the Investor section. We do good work.
New website appears to be up.
http://dtinterpreting.com/
Thanks very much for the insight... Sounds like these guys really need to get their stuff together
It would go to the Grey Market and off the Pink Sheets for about two weeks as soon as the suspension is handed down.
That means no quotes or Market Makers. Essentially it is near impossible to trade in a sense.
To get back trading, an owner would need to file a 15c-211, have two years of audited financial statements, and a full disclosure agreement. All would have to be acceptable to the SEC. Then they could get a MM to sponsor them.
If they don't comply within the two weeks the stock becomes revoked and never trades again. Everyone loses every penny invested.
It just happened on a stock I'm in called PVRE. I lost $100. They went through a reverse merger with a company that never filed also.
http://investorshub.advfn.com/Matchtrade-Inc-%28fka-PVRE%29-10418/
I hate to sound ignorant, but what are the ramifications of something like this happening to MGQG?
- TT
I'm hoping someone down at the office is paying attention to this kind of actions since MGQG has not filed anything since 2007.
http://deaftalkllc.com/
Why does this company - a small, in person sign-language company - have a much, much more impressive website than ours?
Just wondering.
Hmmmm! MGQG .025s Watching>>>>>>>>>>>>>>>>
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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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