having fun at the pumper's expense!!!!
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Tell us something Biggy,why do they have the spare 20,000 to pay this new crew........but NOT the IRS debt? I really hope the shareholders of this scam get what they deserve..A big fat zilch on return!! HAPPY INVESTING!!!
Sanswire ineligible for gov't contracts:
"Posted by: coastiretired Date: Saturday, August 01, 2009
1. As part of any new government contract award, the Contracting Officer must now evaluate all applicants to determine if the bidder is a "responsible prospective contractor."
2. The screening for this starts with a new certification the company must provide in a block called "Certification Regarding Responsibility Matters."
3. If the company answers yes to any of the certification clauses, the Contracting Officer is required to notify, "the agency official responsible for initiating debarment or suspension action." The company is then officially entered into the Excluded Parties List System (EPLS).
4. Contractors debarred, suspended, or proposed for debarment are also excluded from conducting business with the Government as agents or representatives of other contractors.
5. Many of these requirements are new and came about after a 2007 GAO report which detailed how thousands of Federal Contractors were abusing the Federal Tax System and recent issues with some contract awards in support of Iraq and Afghanistan. (so yes, there are still examples of companies with liens and other issues that have received government contracts.)
6. Until the company can explain away or provide a negative response to all the clauses in the "Certification Regarding Responsibility Matters" block, Sanswire can't respond to any solicitations without getting officially placed in the EPLS.
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Subpart 9.1—Responsible Prospective Contractors
9.103 Policy.
(a) Purchases shall be made from, and contracts shall be awarded to, responsible prospective contractors only.
(b) No purchase or award shall be made unless the contracting officer makes an affirmative determination of responsibility. In the absence of information clearly indicating that the prospective contractor is responsible, the contracting officer shall make a determination of nonresponsibility. If the prospective contractor is a small business concern, the contracting officer shall comply with Subpart 19.6, Certificates of Competency and Determinations of Responsibility.
19.601 General.
(a) A Certificate of Competency (COC) is the certificate issued by the Small Business Administration (SBA) stating that the holder is responsible (with respect to all elements of responsibility, including, but not limited to, capability, competency, capacity, credit, integrity, perseverance, tenacity, and limitations on subcontracting) for the purpose of receiving and performing a specific Government contract.
9.104-5 Certification regarding responsibility matters.
(a) When an offeror provides an affirmative response in paragraph (a)(1) of the provision at 52.209-5, Certification Regarding Responsibility Matters, or paragraph (h) of provision 52.212-3, the contracting officer shall—
(1) Promptly, upon receipt of offers, request such additional information from the offeror as the offeror deems necessary in order to demonstrate the offeror’s responsibility to the contracting officer (but see 9.405); and
(2) Notify, prior to proceeding with award, in accordance with agency procedures (see 9.406-3(a) and 9.407-3(a)), the agency official responsible for initiating debarment or suspension action, where an offeror indicates the existence of an indictment, charge, conviction, or civil judgment, or Federal tax delinquency in an amount that exceeds $3,000.
(b) Offerors who do not furnish the certification or such information as may be requested by the contracting officer shall be given an opportunity to remedy the deficiency. Failure to furnish the certification or such information may render the offeror nonresponsible.
9.104-6 Solicitation provision.
The contracting officer shall insert the provision at 52.209-5, Certification Regarding Responsibility Matters, in solicitations where the contract value is expected to exceed the simplified acquisition threshold.
52.209-5 Certification Regarding Responsibility Matters.
As prescribed in 9.104-6, insert the following provision:
Certification Regarding Responsibility Matters (Dec 2008)
(a)(1) The Offeror certifies, to the best of its knowledge and belief, that—
(i) The Offeror and/or any of its Principals—
(A) Are o are not o presently debarred, suspended, proposed for debarment, or declared ineligible for the award of contracts by any Federal agency;
(B) Have o have not o, within a three-year period preceding this offer, been convicted of or had a civil judgment rendered against them for: commission of fraud or a criminal offense in connection with obtaining, attempting to obtain, or performing a public (Federal, state, or local) contract or subcontract; violation of Federal or state antitrust statutes relating to the submission of offers; or commission of embezzlement, theft, forgery, bribery, falsification or destruction of records, making false statements, tax evasion, violating Federal criminal tax laws, or receiving stolen property;
(C) Are o are not o presently indicted for, or otherwise criminally or civilly charged by a governmental entity with, commission of any of the offenses enumerated in paragraph (a)(1)(i)(B) of this provision;
(D) Have o, have not o, within a three-year period preceding this offer, been notified of any delinquent Federal taxes in an amount that exceeds $3,000 for which the liability remains unsatisfied.
(1) Federal taxes are considered delinquent if both of the following criteria apply:
(i) The tax liability is finally determined. The liability is finally determined if it has been assessed. A liability is not finally determined if there is a pending administrative or judicial challenge. In the case of a judicial challenge to the liability, the liability is not finally determined until all judicial appeal rights have been exhausted.
(ii) The taxpayer is delinquent in making payment. A taxpayer is delinquent if the taxpayer has failed to pay the tax liability when full payment was due and required. A taxpayer is not delinquent in cases where enforced collection action is precluded.
(2) Examples.
(i) The taxpayer has received a statutory notice of deficiency, under I.R.C. § 6212, which entitles the taxpayer to seek Tax Court review of a proposed tax deficiency. This is not a delinquent tax because it is not a final tax liability. Should the taxpayer seek Tax Court review, this will not be a final tax liability until the taxpayer has exercised all judicial appeal rights.
(ii) The IRS has filed a notice of Federal tax lien with respect to an assessed tax liability, and the taxpayer has been issued a notice under I.R.C. § 6320 entitling the taxpayer to request a hearing with the IRS Office of Appeals contesting the lien filing, and to further appeal to the Tax Court if the IRS determines to sustain the lien filing. In the course of the hearing, the taxpayer is entitled to contest the underlying tax liability because the taxpayer has had no prior opportunity to contest the liability. This is not a delinquent tax because it is not a final tax liability. Should the taxpayer seek tax court review, this will not be a final tax liability until the taxpayer has exercised all judicial appeal rights.
(iii) The taxpayer has entered into an installment agreement pursuant to I.R.C. § 6159. The taxpayer is making timely payments and is in full compliance with the agreement terms. The taxpayer is not delinquent because the taxpayer is not currently required to make full payment.
(iv) The taxpayer has filed for bankruptcy protection. The taxpayer is not delinquent because enforced collection action is stayed under 11 U.S.C. 362 (the Bankruptcy Code).
(ii) The Offeror has o has not o, within a three-year period preceding this offer, had one or more contracts terminated for default by any Federal agency.
(2) “Principal,” for the purposes of this certification, means an officer, director, owner, partner, or a person having primary management or supervisory responsibilities within a business entity (e.g., general manager; plant manager; head of a subsidiary, division, or business segment; and similar positions).
This Certification Concerns a Matter Within the Jurisdiction of an Agency of the United States and the Making of a False, Fictitious, or Fraudulent Certification May Render the Maker Subject to Prosecution Under Section 1001, Title 18, United States Code. "
Are you kidding? There are THOUSANDS of rigs in the Gulf of Mexico that have communications. They act like cell towers on land!! UNREAL
The appropriate name for Sanswire's "Junk in the Trunk" is SKYSCAT!!
He is acquiring free shares and then dumping them........Diluting the common to hell........That's what you get from Sanswire!!!LMAO
Thanks Coastie!!!
The D & O case against the Company was resolved and judgment entered on June 2nd. I haven't seen the results posted yet, but the Judge ordered on May 17th to strike all the Answers and Affirmative Defenses from the Company. The Defense pleadings were "stricken in their entirety." That's not a sign of a positive outcome for the Company. Leinwand represented the Company. I don't recall him ever winning a case on their behalf. . .
The case of TBF Financial vs. Sanswire Corp was also recently resolved with a default final judgment. There is a new lien associated with this suit against the Company from TBF for $61,124.61 at 6% interest.
LMAO!!!!!
wrong board
Not long Red........Thats why I will be watching this real close. I aready have a portion of my shares for sale at .31
Well I hope so!! Slow and easy,this will go up. I'm thinking about colors for my new Vette..........RED or BLACK !!!! LOL
I hope you all liked my call at .22.........Now if you were lucky enough to pick up some of those cheap shares...........The time to sell is around .32 or 38. Thats when I will dump my position for the next wave.I smell that new Corvette in my garage real soon.!!!
VWAP .0591
Getting better everyday!!! Soon low .04 coming to a computer near you!!!
From Coastie................New warrant issued by State of Florida.
For collection of delinquent Corporate Income Tax.
Signed June 9, 2010.
You even challenge a legitimate contract........ Mide,can I ask you this? If we find out down the road that this contract has ties to Sanswire giving shares to GTC,what will you say then? Will you still praise Sanswire's efforts? Will you call a spade a spade? Will you finally admit that this could very well be the scam it always has been?
Well Big Time...........I thank you for shorting this!! It will help me lower my cost average!!! LOL.......I know the real deal and soon I will be on my way to the Chevy dealership to buy my Vette in cash!!!! Good luck and wishing you the best in your endeavors!!!
This is what I think is happening. YRCW is going to do a bigger R/S then they have announced and it must have leaked to a few big time players.I got mine yesterday but not to the point I can't buy more. If it goes down more than 0.17 I will reload. That is what I'm suspecting will occur.
I hope you all took my advice and bought yesterday.I have been saying this baby needs to get to 0.22. GLTA
I do believe they had given shares at .22 to the union.
I said wait till this gets to 0.22 then buy all you can!!! It will get there before the R/S happens!!
LOL......I am sure the boys in Boise love to hear people gobbling up their worthless shares!!! The more you buy,the more money they can pay themselves and a little left over for a PR or 2!!!! LMAO DS
Well for sure if anyone invests in such sub-penny dreams as MDGC....people can indeed lose all their money!!! Did you know that anyone's chances of hitting the big time with sub-penny companies like this is 100 billion to one?.............LMAO..........
Ah,Sub-Penny dreams. Where is the late filings? MDGC maybe doesn't want anyone to see them before they pull off the pump? IMO
Lets connect the dots and see what we come up with?
On 2/01/10 They "retained" AXS Internationl.
On 8/31/09 They "merged" with Imperial Wireless.
They both have the same address in Boise?
Another little tidbit from the past Mediag3 claimed in a PR back on 9/28/08 that they were awarded a contract from the U.S. Goverment wich was totally not true..See the Link http://www.ustda.gov/news/pressreleases/2008/EastAsia/China/ChinaJCCTICT_091608.asp Question eveything you read till you do more DD on this company!!
Before investing in MDGC, read this
RISK FACTORS
An investment in our shares involves a high degree of risk. Before making any investment decision, you should carefully consider all of the risks described in this prospectus. If any of the risks discussed in this prospectus actually occur, our business, financial condition and results of operations could be materially and adversely affected. If this were to happen, the price of our shares could decline significantly and you might lose all or a part of your investment. The risk factors described below are not the only ones that may affect us. Our forward-looking statements in this prospectus are also subject to the following risks and uncertainties. Our actual results could differ materially from those anticipated by our forward-looking statements as a result of the risk factors below. See “Special Note Regarding Forward-Looking Statements.”
Risk Factors Related to Our Business
We are an early stage company and have a limited operating history on which to evaluate our potential for future success.
Although the companies that we have acquired have from two to three years of operating history, our parent company, MediaG3, was formed in December 2005, and to date has only two full years of operations. Therefore, we have only a limited operating history upon which you can evaluate our business and prospects. In addition, we are currently refining our services and products for commercial sale, and we expect that our new products, mg3 studio™ and mg3 mobile™, will not be available until early 2008. Also, there can be no assurance that we will derive significant revenues from either of these products.
We are an early stage company. You must consider the risks and uncertainties frequently encountered by early stage companies in new and rapidly evolving markets such as competing technologies, lack of customer acceptance of a new or improved service or product and obsolescence of the technology before it can be fully commercialized. If we are unsuccessful in addressing these risks and uncertainties, our business, results of operations and financial condition will be materially and adversely affected.
Doubts exist about our ability to continue as a going concern.
Our auditors have modified their report on our December 31, 2006 consolidated financial statements to include an uncertainty paragraph wherein they expressed substantial doubt about our ability to continue as a going concern. These concerns arise because of our operating losses and need to raise additional capital.
These conditions give rise to substantial doubt about our ability to continue as a going concern. Our consolidated financial statements do not include adjustments relating to the recoverability and classification of reported asset amounts or the amount and classification of liabilities that might be necessary should we be unable to continue as a going concern. Our future success is dependent upon our ability to achieve profitable operations and generate cash from operating activities as well as our ability to raise additional capital.
If we do not obtain additional capital, we may be unable to sustain our business.
Our operating plans for 2008 are focused on the development and marketing of our product applications for online and wireless marketing communications. We estimate that approximately $20 million will be required to support this plan for the next 12 months. Since our inception in 2005, we have not received any funds from the issuance of common stock, but we have received from time to time advances and funds in the form of convertible debt from our Chief Executive Officer and other parties. In August 2007, we borrowed $220,000 from a bank under a line of credit with a limit of $300,000; such loan was repaid in full on December 15, 2007. We are actively seeking additional funding, but to date have not entered into any agreements or other arrangements for such additional financing. There can be no assurance that the required additional financing will be available on terms favorable to us or at all.
If adequate funds are not available or are not available on acceptable terms when required, we may be required to significantly curtail our operations or may not be able to fund expansion, take advantage of unanticipated acquisition opportunities, develop or enhance services or products or respond to competitive pressures. These circumstances could have a material adverse effect on our business, results of operations and financial condition. If additional funds are raised through the issuance of equity or convertible debt securities, our then existing shareholders may experience substantial dilution, and such securities may have rights, preferences and privileges senior to those of our common stock.
Our business revenue generation model is unproven and could fail.
Our revenue model is new and evolving, and we cannot be certain that it will be successful. Our ability to generate revenue will depend, among other things, on our ability to provide effective online and wireless rich-media services and products to our customers. Our success will be largely dependent upon our ability to educate potential customers about the features and benefits of rich-media e-mail technology and applications. We cannot assure you that our business model will be successful or that we can sustain revenue growth or achieve or sustain profitability.
Our future revenues are unpredictable and our quarterly operating results may fluctuate significantly.
We have a very limited operating history. We cannot forecast with any degree of certainty the amount of revenue to be generated by any of our products or services. In addition, we cannot predict the consistency of our quarterly operating results. Factors which may cause our operating results to fluctuate significantly from quarter to quarter include:
·
our ability to attract new and repeat customers;
·
our ability to keep current with the evolving requirements of our target markets;
·
our ability to protect our proprietary technology;
·
the ability of our competitors to offer new or enhanced products or services; and
·
unanticipated delays or cost increases with respect to research and development.
Because of these and other factors, we believe that quarter-to-quarter comparisons of our results of operations will not be good indicators of our future performance. If our operating results fall below the expectations of securities analysts and investors in some future periods, then our stock price may decline.
If we are not able to compete effectively in the highly competitive interactive rich-media marketing and communications industry, we may be forced to reduce or cease operations.
Our ability to compete effectively with our competitors depends on the following factors, among others:
·
the performance of our products, services and technology in a manner that meets customer expectations;
·
our ability to price our services and products at a price point that is competitive with similar or comparable services and products offered by our competitors while still providing us with an acceptable gross margin;
·
general conditions in the interactive marketing, communications and wireless industries;
·
the success of our efforts to develop, improve and satisfactorily address any issues relating to our technology;
·
our ability to compete effectively with companies that have substantially greater market presence and financial, technical, marketing and other resources than us, including advertising agencies and print and broadcast media companies; and
·
our ability to adapt to the consolidation of our competitors or the entry into the market of new competitors.
Very strange? Well at least you got some........I'm sure the MDGC is happy with your choice! Now they can put out another PR!!!! LOL
Hmm.........You couldn't get filled at the ASK? Are you sure? In my experience playing penny's..........The MM would jump on it in a second without a doubt! What you are claiming smells fishy?
I also remember when we went thru the R/S kostro's shares were not! That in itself is criminal.
LOL This post puts Sanswire in a bad light!! They even make a little snide remark.{my bold}.......
Algae-Powered Blimpband
Company creates largest 'stratellite' yet
03:46PM Friday Jun 04 2010 by Karl Bode
tags: alternatives · Oddities · wireless
For years we've talked about the idea of "stratellites" -- or blimps proposed for use primarily as communications vessels either in military conflict, disaster zones, or in rural markets. One of the "leaders" (the term is used loosely) in the field has been Sanswire Networks, whose "blimpband" services have made headlines for years but never seem to materialize. Now a company named E-Green Technologies says they've constructed the largest such communications airship ever created -- at 235 feet long. Oh, and it's powered by algae:.........Let the truth set you free!!!!!LMAO
Nah, you can't win with the guy at MDGC. He has too many shares to sell and I'm sure he and the MM have a deal. Ever heard of "Chop Stock" It will beat you all times.
Past couple of days volume spiked and then settled down. I think it is under accumulation. Lets hope they close this OPON deal over the weekend.
Bob,you can try to confuse the subject and stick your head in sand but you are wrong and should seek guidance from ADMINS on I-Hub. It is the system they use. I did not just make it up.
The post I was referring too was using ADVFN as a source. By the way BOB,they own I-Hub..........http://us.advfn.com/p.php?pid=trades&btn=s_ok&symbol=MDGC&s_ok=OK&minimise=
And BOB you don't have to take my word on it..........Go ask the ADMINS at I-Hub to see that you are very wrong!!!
Red = Sell
Blue = Buy
Green = Tweeners(between Bid and Ask)
That's how ADVFN feed is setup.
PS: ask IH-Admins if you do not believe me. Bob Smith is ABSOLUTELY WRONG
I know what it means and the link showing green does not mean buying,that's for sure.
So in essence,you think by showing that link.......it means all buys?
If MDGC had anything going for it,the SP would reflect that. It is sub-penny for a reason! They are a share printing machine!! When it gets to the point they have no more shares to sell,they will R/S the pig and start all over .........Wash/rinse/repeat. How many fell for the trap?
The MDGC pump is getting primed for the major dump that will undoubtedly take place. How else will they pay themselves?.LOL
Yeah,yeah.........The SP reflects all that money too? LOL
Can anyone here tell me how many employees are with MDGC?
Will these PR's will be in a official news release or just from the companys website?
My question now is who is paying Miranda for her services? I think this just hit bottom for Sanswire. They are taking hits from all sides . They deserve everything they get from the SEC and lawsuits.