Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Also notice the $1.9 million debt and 105,750,000 share retirements.
Here look for yourself:
http://www.otcmarkets.com/financialReportViewer?symbol=MDGC&id=83206
http://www.otcmarkets.com/financialReportViewer?symbol=MDGC&id=89947
Look at the balance sheet next to the word "REVENUES".
So, we agree MDGC is shorted daily and the daily short position does shows short volume, but there are
The last 2 quarterly reports show revenue and isn't a CEO at least an employee of the company?
Thanks for re-explaining eurovestor, I understood perfectly the first time. I also have a very good feeling about this merger.
Yes it is. MDGC is shorted daily:
http://otcshortreport.com/MDGC
It appears you also agree:
So again, we agree there probably are short positions in MDGC from MMs.
So, you agree there probably are short positions in MDGC from MMs.
These statements are rife with inaccuracies. These boiler rooms vis-a-vis Netstairs only exist in ones inactive imagination, Netstairs has held many shareholder meetings since 2005, and Netstairs shares are valuable and transferable.
I suspect Netstairs shares will soon become even more valuable.
Likewise, shorts in general will and do say ANYTHING to try to keep the stock price down. its natural.
I have to strongly disagree with each and every part of your post. I am glad to be invested in MDGC and look forward to the MDGC/Hexa-2 merger.
THere are many companies in the Netstairs/Hexa-2 family of companies. All offerring different services and all supportive of the others. The group represents quite an enterprise and may address many more facits of the business niche MDGC appears to have carved out for itself.
MS: I certainly appreciate the fresh perspective and I am glad to have read about these thoughts and opinions on the merger and furture possibilities for the combined companies.
By the way, I am confident the MDGC/Hexa-2 merger will be completed and it will be explosive for revenue generation, technological advancement, and will reward the shareholders of each company.
Please see my previous post and the sudden interest of European investors in MDGC on this site alone.
I see no significance in any of this dot connecting. Not sure about the point of the fray into how anyone acquired shares of a private company, but the simple answer is Hexa-2 has a presence in many different countries and Netstairs likewise offers its services globally.
I am glad you see the same connection between the merger of MDGC/Hexa-2 and future partnering with Netstairs that I do. This is very exciting and may culminate into the combination of several companies geared toward wireless communications and the interactive content delivery network (iCDN) by JV or even additional mergers.
About HEXA-2 CORPORATION
As I said, I see no suggestion that that occurred.
Cassandra: Not sure what any of these vague references and untenable dot connecting from social discussion boards have to do with Netstairs business or MDGC for that matter. Clearly nothing. Sounds wholly fantasical.
By the way, Google was mentioned on this board. Does that add credence to a buyout of MDGC?
I don't think MDGC has even gone through a reverse split. So, where is the wash and repeat? Isn't MDGC about 7 years old now? But never a reverse to even have a repeat.
What's a "scammy reverse"?
Does not sound like that to me.
Then again, maybe not.
This is the only print in that link:
"As of June 30, 2012, Telestone's accounts receivable were $259.6 million versus $251.5 million at the end of 2011. The accounts receivable turnover period or DSOs for the quarter ended June 30 was 1,232 days."
http://seekingalpha.com/article/809441-telestone-s-ceo-discusses-q2-2012-results-earnings-call-transcript?page=3
The AR sounds uncollectable if it even exists.
"The net loss of $1.3 million, as compared to net income of $4.5 million in the year-ago quarter."
http://seekingalpha.com/article/809441-telestone-s-ceo-discusses-q2-2012-results-earnings-call-transcript?page=2
There is no mention of those fictitious projects anywhere on the internet. Please show us any proof that in fact occurred.
This is all I can find on the use of the word 4G in the same sentence as TSTC:
Part of the problem is the huge percentage of the float that is shorted (14.4%), but the main problem is the fact that TSTC has not revealed any demonstrateable 4G technolgy or just has none, IMO.
TSTC's financial reports allude to a desire to enter the 4G market, but do not indicate TSTC can provide 4G networking.
And, in fact, TSTC's annual report appears to admit such:
"Our research and development efforts may not yield new wireless coverage products that are readily deployable in 4G networks."
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8516516
Based upon the statements in the financials, TSTC's "Unified Local-Access Solution" or WFDS solution sounds more like a big router than any type of broadband network, infrastructure, backhaul, last mile, middle mile, or any other delivery service that is not already provided to the point of service.
Whatever product TSTC provides, it is very small scale, IMO.
Just scroll down to the end of the article I previously posted, which I have posted again below. There are multitude of accounting scandals involving the top accounting firms.
http://en.wikipedia.org/wiki/Accounting_scandals
Now, how old is this information and these alleged pictures of Mr. Westergard's private property? LOL!
The MDGC shorts are very worried about their positions especially given the upcoming merger, IMHO. This is becoming more obvious everyday.
Pershing, Scottrade and Fidelity are others that regularly and consistantly trade MDGC.
Thanks Yale. I fully agree.
I think a plain language reading of MDGC's PRs and website information is all that is needed to understand MDGC potential and the fear it is garnering amongst its competitors in the telecom industry and shorts. But, a technical reading is really from where the excitement is generated.
That is hard to believe given TD has been the lone wolf on that front for some time. THere are many brokers that regularly trade MDGC, so it would appear that TD's choice is an individual one.
That is the best indication of where TSTC is heading, IMO.
So I guess by your logic the accounting scandal is ongoing with TSTC. Does that mean there fins including the long unpaid AR are still not accurate?
And this is how MDGC descibes its technology in its PRs:
Amorphous "technology", eh? Not sure that offers any form of rebuttal to the many applications for MDGC's network technology and the iCDN interactive content delivery platform that will be provided by the combined MDGC/Hexa-2 company.
I guess the shorts are getting very nervous. I know I would be if I only had borrowed shares and the PPS could skyrocket in the near term.
Wait? That is your explanation of why the value of TSTC's shares has been almost wiped out from its 2010 high? LOL!
It is not us, it is them. LOL!
Hate to break it to you, but the trading range has been between $1.27 and $1.45 for over 1 month, and before that it was between $1.66 and $1.82 for about 2 months, and before that between $3.00 and $3.22 for about 1 month, and before that $3.28 and $4.04 for about 3 months, and so on.
In fact, there has been a steady decline over the past 3 years since its peak at $23.75. Now we are at $1.30 and according to the firmly established trend, TSTC is going to be at a much lower trading range by the end of the year, IMHO.
Boise Project Speed Tests May 10 2011
On different YouTube channel: