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Added thought, perhaps someone can contact Val and ask him why they are listed as a partner when clearly Cogent doesn't have the same view.
Cogent is not a partner. Mesh Global is a customer to Cogent.
I verified this and posted the communication from a Cogent VP.
tomato/tomato perhaps.
As an afterthought, having established the reality of the relationship I don't see much point in debating or DDing the merits of Cogent. They are not involved with the business of Mesh Global or MediaG3 other than providing service to a customer.
Who cares?
What is the point of doing DD and investigating the company you put your hard earned money into and then sharing it on a public forum if people respond with "who cares"?
You seem to care a GREAT deal based on the way you post. You seem to think what you have to say may be important to someone even if only to yourself. You shouldn't be so quick to encourage to people to sell and move on or to simply "have faith". Thats incredibly absurd. Especially if you want people to respect YOUR DD and respond favorably to the time you invested in sharing it.
Thank you for your considerations, I am not a soldier...they are the ones who are truly deserving of everyone thoughts and prayers.
I would be happy to see anything over $32.00 in the accounts, even if it spent.
I made this comment which I need to edit:
Because the license agreement does appear to be monetary, which means no revenue from Mesh Global to MediaG3.
I meant to say...does NOT appear to be monetary, which means no revenue for the License Agreement from MGI to MediaG3.
That certainly needs to be clarified by Val et al.
The MGI IPO may be the way to go and not shares of MDGC in the near future (next several years) as I don't see how MDGC pps is going to benefit if the real work horse is Mesh Global.
I mentioned this once before in reference the merger.
It is not possible a merger will occur after the first "phase" is done (by witch I assume you mean the 4-6 weeks phase you just mentioned).
The reason is Mesh Gloabal will trade independently from MediaG3...there is a comment on the MGI site that talks about setting up shares for charities. They could not possibly do this in 4-6 weeks. Why do an IPO only to merge imediately with another company? This seriously needs to be clarified by the company. I suspect many years will pass before a merger occurs.
"It is the plan of the MGI founders to create funding to local communities and humane charities around the world. To this end the company will set up shares of MGI stock for these groups that are involved with world disasters like Hurricane Katrina and the Haitian earth quake. MGI will build a first class wireless service with associated products as well as fund and supply Internet services to the men and women that are there on the front lines of disasters."
Also...the complete statement about the merger is as follows:
"MGI's Headquarters are in the Treasure Valley of Idaho, where it is working with the first cities to deploy the MGI equipment and software. MGI has signed an exclusive License agreement with MediaG3 in turn for a license agreement to using their patented wireless technologies. After MGI completes the first phase of the Mesh Wireless system, has complied with its License Agreement with MediaG3 and has completed the funding program, it will merge with MediaG3, where Mesh Global will be a wholly own subsidiary of MediaG3. "
This leaves plenty of room for it NOT to occur directly after the first phase. There has been no definition of the other requirements...ie, what are the license requirements to be met? what is this funding program (the MGI Share for the charity organizations etc is my guess)?
I am not suggesting the merger won't occur, but it looks to me like MGI will do an IPO, which does not bode well for MediaG3 invesors in the short term (meaning over the next several years). Why? Because the license agreement does appear to be monetary, which means no revenue from Mesh Global to MediaG3.
I would greatly appreciate some other views on this information.
It looks to me like MediaG3 investors will not be reaping the rewards of Mesh global for quite some time. IMHO
What vacancies have been filled up? Are you talking about the link to submit your resume etc? I don't recall seeing any confirmation of people being hired. What'd I miss?
If everything is being done via Mesh Global then how is that going to affect the Q2 for MediaG3? The only relationship at this point is the use of the patents which I believe were leveraged so there would be no "income". I might be wrong, so if someone knows put it out there and lets see what happens when Q2 is released.
Appreciated.
And the comment that Mesh Global was a referal from Zayo Communications confirms there is some sort of relationship between MediaG3 and Zayo. What that relationship is, well that remains to be discovered.
GLTA - I think these revelations are very positive and exciting.
It is beginning to look to me like Mesh Global is the better speculative play once they do the IPO. I am not sure what impact the success of Mesh Global will have on MediaG3...thoughts?
Actually, I would have to agree with you there.
Here is a partial quote from the Feb 25th PR:
"...and are also pleased to announce new contracts for connectivity with one of the world's largest Internet Service Providers, delivering high-quality Internet, Ethernet and Colocation services."
There does not appear to be any deception, only confirmation that contracting with one of the world's largest internet service providers has actually taken place. (MediaG3 has never stated they would be their own provider, so naturally they would need a provider to be able to extend services to remote areas).
For some reason I thought they were named as a partner, which clearly they were not! So I retract my :( on comment number 2 and replace it with a :)
It appears this is good news and validation that something is taking place and progress is indeed being made.
I leave it to someone else to verify the other relationships.
I sent a second email with three specific questions that I wanted to ask during the phone call. You may want to read my initial email at the bottom before you read his response.
I leave it to you to draw your own conclusions.
The key responce I believe is item 2. :(
Cogent is however looking really good as an investment opportunity.
"Rosenzweig, Rick" <rrosenzweig@Cogentco.com>View Contact
To: DELETED <DELETED@yahoo.com>
--------------------------------------------------------------------------------
Hi DELETED,
No need for a call unless you need one.
1) Yes, Mesh Global is a customer of ours and they were referred over to me by another larger customer, Zayo Communications who has multiple services with us.
2) They are a customer, we are the service provider for their Internet Services
3) Mainly top line revenue which helps contribute to our bottom line as well. Cogent is a publicly traded on NASDAQ (CCOI)
Good luck in Kuwait. Stay safe.
Regards,
Rick
-----Original Message-----
From: DELETED [mailto:DELETED@yahoo.com]
Sent: Wed 4/6/2011 12:11 AM
To: Rosenzweig, Rick
Subject: Re: Mesh Global
Mr. Rosenzweig,
Thank you for your prompt reply.
I am a contractor in Kuwait so forgive me if I have some difficulty reaching you.
I will call between 9-10am your time on Thursday morning and be as brief as possible, I hope this will be a convenient time.
I have included 3 questions that are of the greatest interest to me to guide our conversation and keep it brief, I am sure you are busy in the morning.
Does a partnership exist between MediaG3/Mesh Global?
What is the nature of the partnership?
How will this partnership benefit Cogent Communications regarding future growth where shareholders/potential investors are concerned?
Respectfully,
DELETED
________________________________
From: "Rosenzweig, Rick" <rrosenzweig@Cogentco.com>
To: DELETED@yahoo.com
Sent: Tue, April 5, 2011 5:17:54 PM
Subject: Mesh Global
Deleted,
Call me, I will confirm.
Rick Rosenzweig
VP, Premier Accounts
cogentCOMMUNICATIONS
Brilliantly Fast. Elegantly Simple. Optical Internet. http://www.cogentco.com/
1015 31st NW, Washington DC 20007
703.456.7914Direct
202.262.3604Cell
AERS released photos of its phone being manufactured in China in todays PR. Worth a look
Nice.
That is so juvenile. Speaks a lot to the caliber of YOUR character.
People demanding proof, answers, follow up to 2 years worth of forward lookng statements does not amount to whinning crying or being spoiled brats if it all works out.
I work hard for my money, I give up the enjoyment of my American Civil Liberties working in a middle eastern country to earn the money to be able to invest in my future. Demananding proof or questioning a company that says it is doing things that NO ONE can verify is not only reasonable it is prudent and makes sense.
Investing in a business is not a religious principle you simply have faith in. Being able to afford the loss does not mean anyone should do it willingly or with a smile.
Get real.
Well, I received an interesting email from one of the MediaG3 partners. I emailed to inquire if a partnership existed between them and MediaG3/Mesh Global, there responce (from a VP) "Call me, I will confirm".
If I am reading his response right...the responce is the confirmation.
I will be calling Thursday morning.
Edit: this partner is a game changer, in case your wondering.
Well, couldn't even stay at .004 and barely 2 mil in volume.
CLEARLY investors were NOT impressed with this PR.
Why you might ask?
PROOF!
Wasn't there some governement regulation recently passed that everyone ehre was saying was going help propel this stock upwards and prevent the MM manipulation?
A 20 share trade dropped it to .0035.
Unbelievable. It cost more to execute the trade!
Edit: ok, is TD Ameritrade reporting correctly? What is with all the micro trades? 65 shares this time...that is like 24 cents. Strangest trading I have seen.
agreed
Looks good...no we just need some buyers.
7 share trade lol.
Someone fat fingered the keyboard.
Your funny...I am simply hoping for a minor up tick to say .0045 and some volume closer to 1 million.
Presume much?
I am on the fence as to wether or not that email is a true indicator that there is a relationship. It is possible the wording makes it appear that way, but it really doesn't confirm anything.
We will see, market opens in 3 minutes. If the Pr and emails mean anything at all it will be reflected in the trading today.
Market opens in 30 minutes.
I can hardly wait to see how this PR affects trading today.
I am hoping I have no vision and this PR means more to the big investors than it does to me.
Not holding my breath.
From the looks of it...no one was home.
You might say the same about someone not comming out and saying hello when a camera is pressed against the glass of your front door.
What revenues?
Demand PROOF!
Project?
Seems I have heard this term many times before with MDGC.
Sorry not buying it.
I would need to see the "partners" publicize their participation in this "project". The way I see it is after 2 years you are either open for business or not.
I honestly see nothing earth shattering or new with this PR that hasn't already been said or suggested on the web sites. What the heck is everyone so excited about? A two paragraph PR...how many "irons are in the fire"? Nothing more of substance to put in a PR? So now we will be waiting for the next PR to reveal more about the "project", subtly redirecting our attention from the previous items of interest that were pending proof and verification.
Its just my view so don't everyone go postal on me. If the only investors in MDGC are IHub posters then I would agree we have cause for concern...but not because of an unfavorable post.
If this PR is truly earth shattering and I am simply lacking vision, the trading will surely reflect the value of this pr.
Agreed
Nice to see the responce that MDGC is a provider and not a customer. So what's next?
Secondly, to anyone....what is going on today /sigh
Strange they said customer, not partner in their response.
Or not strange at all, just a cookie cutter response. Problem is no "PROOF". That seems to be the theme of 2011 for MDGC.
(I don't think anyone thinks you are lying, we could all be called fools down the road for putting our money here.)
"Have you bothered going to some of the vendor sites to read the technology they are using??? ...Maybe you should."
Maybeee...Val did.
If I were a conspiracy theorist and believed this were a scam, I might suggest...well I leave that to the readers to figure out.
If the batteries advertised on TV came from MediaG3...why is it the "store" is selling repackaged batteries and not the ones you are suggesting are being advertised on TV?
If they are already being sold through television adverts then seems to me we would NOT be trading below half a penny.
Again, I leave it to Val to prove something. I am tired of pointing out the obvious flaws...I would much rather be cheering and watching my investment grow.
If all of those things are true and so out in the open...
Woudn't we be trading significantly higher than .0039?
Wouldn't we at least be a footnote on these "partners'" websites?
Woudn't someone in the media have caught on and done a little investigative reporting?
Seems we would be.
Seems we would be again.
Seems somone would have.
I leave it to Val to put the dinner on the table...I am starting to think it is the food in the neighbor's kitchen I am smelling, not our own.
Well based on the announcements from the company the financials were audited, just never released. Which I might add was never explained by the company.
Let me say it first...maybe they didn't release the audited financials because they are waiting for the "perfect" moment to uplist. It was gonna be said sooner or later. Question is do you believe it.
Thank you, I will check it out.
Is there anyway to verify the number of MDGC shares that have been traded in the past year?
Has anyone been able to confirm these partnerships directly from the partners?
Last year many of us made the effort only to discover the relationsips didn't exist as they were expressed or at all. I find it curious people on the board are not DD'ing these new partners.
If only the company were able to defend itself and its patents as vigorously.
Just curious...what does it really matter? At the end of 2009 Imperial Wireless was supposed to be rolling out service to ALL 50 states. Throughout the entire year it was not even possible to get IW service, let alone contact tech support...or billing...or any other myriad of departments that would be hosted by a company offering internet services to even a small community let alone many large cities. Clear certainly never admitted to having a relationship with Imperial Wireless.
Patents and the roll out of IW were why I invested in the first place. Just to find out in 2011 that the company was supposedly in an R&D stage during 2010 (mind you, there was no hint of this during 2010 while my $40k+ dollars sat and languished along with the monies of many other trusting folks). That IS NOT what the company promoted in the "forward looking" statements in 2009.
If I were a new investor looking in and I did my DD for the last 2 years...I would have to be honest and say this is not a good opportunity, it is NOT speculative...it is extremely risky and will most likely amount to loss or bag holding for a very long time. Especially if you are actually an investor and not a flipper. And to the flippers I would say look at the avg. shares traded...not much money to be made here at this time. Maybe once the company has had time for its current reputation to be forgotten you might be able then to make a little money. But it ain't lookin' good from my point of view or I would be looking at flipping myself now. At this point I am just hoping beyond hope this "contract" they mentioned is legit. Forget about the finalized JV, if that was truly so hot on the burner it would have occured immediately after MDGC had the Yield sign removed.
Ok I am done for the day. It is Thursday, maybe Val will actuaully reveal something today so people can tell me I told you so. I would in absolute sincerity welcome it.