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Same here. Just waiting for an exit point in another stock, so I can buy more MDGC. Hope I am not too late.
Yes, thanks. Your input is definitely appreciated.
Snapshots/graphics are nice as well.
sans = without
"If you can see what I'm trying to point out and then draw a trend line on the upper most points of that indicator, and the OBV goes positive, then you'll have a reasonable target for where this will be in four months. If the OBV continues to decline then we have dilution..."
Just asking you to assume the OBV goes positive and there is no dilution. I may be asking too much for you to assume.
Have you been following MDGC for a while? Do you find that the charts provide good indicators of direction with this stock?
"has thus far proven to be a huge mistake"
Only if you sell at a loss.
I hope your investment pays off for you in the end, but I do not share your concerns. Investing in companies on the pinksheets takes a certain temperament especially given the lack of oversight and price malleability at the whim of MMs. I believe MDGC is eager to become current with otc and move to a higher exchange though may not want to let the veritable cat of of the bag yet. So, it must balance these interests with the long term goals of the company.
Where many companies on the pinksheets use this exchange to pump, dilute, and dump its shares into the market for the benefit of the few and engage in toxic financing to the detriment of its shareholders, I do not see these same signs with MDGC. In fact, I see MDGC as using the minimum reporting standards of its current otc tier to keep things under wraps until MDGC is ready to reveal itself to the industry and investment community.
Thanks. Based on your charting what do you believe to be the 4-month reasonable target sans dilution, which I do not believe will be the case? I promise we will not hold you to it. Thanks again.
B certainly for MDGC, even with zman's amended A.
From my perspective, I have no intention of selling at this level or lower and believe MDGC has the goods, is near implementation, and just waiting for the stars to be perfectly aligned before announcing what it is, what is does, what foothold it has with its partnerships and licensing, and what the future holds for it.
I believe my DD is solid and I also believe that MDGC is moving in the direction we all want, but certain factors (of which I do not know) and business sensitivities dictate a certain progression that may not work for all shareholders. I am in for the long haul and glad I was able to get cheap shares.
By the way, CharlesD very recently mentioned he still has all of his shares on his MediaG3 Discussion Forum.
http://www.charlesd.net/showthread.php/1310-MediaG3-Discussion-Forum/page69
Lastly, I am very glad we are not receiving PR's until it is time for a substantive announcement. Imagine if we were receiving numerous PRs that amounted to meer puffery.
MDGC is a developing company and I believe it is acting in the best interest of its shareholders by building a company with substance that will have real services, real products, and a real niche in the telecom industry. That is why I say that MDGC does not belong on the pinksheets. However, this may be part of the plan until all of the parts of launch come together.
I believe we are being shorted, but not for the sake a making money on MDGC because it appears many more shares are being bought than sold yet the PPS stays low - the shake by the MMs is not working because too many strong hands/convinced shareholders, IMHO. I suspect you are right and I also believe that there are interested parties just waiting for confirmation of core projects before taking a larger position.
What Does Short Covering Mean?
Purchasing securities in order to close an open short position. This is done by buying the same type and number of securities that were sold short. Most often, traders cover their shorts whenever they speculate that the securities will rise. In order to make a profit, a short seller must cover the shorts by purchasing the security below the original selling price.
http://www.investopedia.com/terms/s/shortcovering.asp
I believe you are right and now the rumor is that MDGC will also be receiving financing. Lightsquared has been on the radar at least since Val tweeted about it:
LightSquared, wholesale 4G-LTE + satellite network coming soon http://bit.ly/bWcrXP by @JadeMonkee
6:53 AM Jul 21st, 2010 via web
http://twitter.com/mediag3?max_id=24539536478437376&page=2&twttr=true
Now that LightSquared has received the FCC waiver many separately moving parts in the buildout of the next generation network and service offerings are beginning to come together more rapidly.
Not sure to what you are referring, but I'd say based on the statements from the company that the project is moving forward and nearing a point that public demonstration will be possible.
SAN FRANCISCO, CA- November 3, 2010 – MediaG3, Inc. (PINKSHEETS: MDGC) announces their wireless mesh network pilot projects with MeshGlobal are on track and are quickly moving forward. The companies have met with and secured additional agreements for fiber provision, infrastructure, equipment, engineering and installation to begin deployment on their first pilot projects, and expect to begin “live” testing by the Thanksgiving holiday.
http://www.mediag3.com/media.php?id=363
MediaG3 tests will continue for the next couple of weeks as we are evaluating different equipment, devices and combinations; tweeking the networks, speeds and infrastructure.
We are excited with results we’ve seen over the last two months, varying from 10MB to 1GB. We are all looking forward to the upcoming public tests and live video demos. (Speedtest.net 342.67 download and 60.73 upload)
http://www.mediag3.com/media.php?id=348
MediaG3 pilot tests continue….. exciting results, excellent speeds, anxious to launch….
https://www.mediag3.com/media.php?id=500
"MDGC – Something is happening with this stock, I still think it will breakout, but, looks like it is being manipulated, hold."
http://www.drpennystock.com/
Who knows, it may be just around the corner. Once the pilot project speeds are demonstrated and the mesh network is launched. I suspect the flood gates will be opened and investors of all shapes and sizes will be clamoring to get a piece of the future Media g3 will offer.
Outstanding! MDGC's partnerships and plans are coming together. I cannot wait to hear the full extent of the many interconnections and projects Media g3 has in the works and the companies with which it has licensed its tech. I am also glad to see a confirming statement by the company of its plan with Aerius. Tech, services, and products all supporting the development of an emerging telecom company - many good things coming, IMHO.
Well then, that proves it. You must be right if the major manufacturers, for whom you apparently speak, all know from speaking with every state, federal, and appeals court (including future judges) and after reviewing all law in the U.S. whether it is statutory or jurisprudential, and having tested the possibility of cancer causing emmissions on all antennas for decades for any long term effects and having spoken to every expert whom could possible render an opinion on the subject that there is absolutely no "liability" for cell phone radiation. Wow, that is simply amazing and must be a fact if you say so.
I find it interesting that you couch your argument in terms of liability instead of effect or damage.
Don't confuse what the market thinks about MDGC with the product of market manipulation. Repeatedly driving down the PPS on little trading volume while keeping the PPS down on heavy trading volume hardly is determinative of the market's outlook on MDGC. I believe many are waiting and holding for confirmation of what we all suspect with regard to MDGC tech, services, and relationships. And, I also suspect that the float, when considering the investors that are not willing to sell their shares anywhere near this PPS, is much smaller than advertised on otcmarkets.com. IMHO
Good thing, absolutely none of this is true, IMHO, of course.
It certainly is possible given all of MDGC's, Wytec's, and Val's connections and the tech MDGC possesses, the area in which MDGC is working: backhaul, White Spaces, broadband, delivery systems, etc. I would not be suprised at all. Thanks for the insight.
Again, neither one of us know in which smart grid/broadband projects MDGC is involved, so how did you debunk anything? Certainly not in the statement that I took issue.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59403049
"The companies [MeshGlobal & Medis g3] have met with and secured additional agreements for fiber provision, infrastructure, equipment, engineering and installation to begin deployment on their first pilot projects...."
http://www.mediag3.com/media.php?id=363
we are evaluating different equipment, devices and combinations; tweeking the networks, speeds and infrastructure.
http://www.mediag3.com/media.php?id=348
Sooo, this quote encompasses the entire statement?:
"are not anything exceptional"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59423075
I hope you are joking because the alternative would be most disconcerning.
Probably not. Not sure what the LOL in your post insinuates, but Media g3 is a real company with real products and services and does not belong on the pink sheets. I believe the financial reporting will be current soon with uplisting not far behind. Once that occurs the company and shareholders will have greater protection from the stock manipulation tactics we now endure routinely.
Then why not post the entire quote, which discusses the shipping of products and not the products themselves? Your posts on this subject completely dance around the subject, why?
Obviously, that is not what was said in the linked statement and very inaccurate.
The quoted text does not prove statement in your post, but it sure was a good try. The point is we do not know which 2 city smart grid pilot project MDGC is involved, but I can't wait to find out.
Negativeforce, thanks for the update and the clear explanation. Personally, I have not found cause to question the company's stated plans or efforts thus far. Re-building a company from the ground up especially given the many facets of the company and the telecom areas into which it is breaking. I eagerly await the unveiling of the Media g3 story, progress, successes, as well as the interconnections with other members of the industry and service providers.
WOW, Verizon is offering WiFi Access for small businesses with 10-15 MBPS download and 1 MBPS upload and they call it high speed. When the speeds MDGC has are officially released and offered to the public/businesses the competition will be so far behind that MDGC will not even have to look in its veritable rearview mirror because their plans will be so far behind.
http://smallbusiness.verizon.com/products/internet/hsi/plans.aspx?tfn=b15&CMP=BAC-MXB_D_P1_BS_Z_Q_N_X063
http://www.mediag3.com/media.php?id=348
Anyone know why the suuport and resistance levels on Barcharts are all the same and the support is above the current PPS?
2nd Resistance Point 0.0035
1st Resistance Point 0.0035
Last Price 0.0032
1st Support Level 0.0035
2nd Support Level 0.0035
http://www.barchart.com/quotes/stocks/MDGC
It would appear so. I believe this is the area MDGC was headquartered before Val took over.
Looks like somebody does not want this public-safety LTE network to proceed as planned.
The share structure was updated on otcmarkets.com:
MDGC Security Details
Share Structure
Market Value1 $3,726,968 a/o Jan 27, 2011
Shares Outstanding 1,203,259,343 a/o Jan 27, 2011
Float 580,394,843 a/o Jan 27, 2011
Authorized Shares 1,505,000,000 a/o Jan 27, 2011
Par Value 0.001
Shareholders
Shareholders of Record 1,758 a/o Jan 27, 2011
Beneficial Shareholders N/A
http://www.otcmarkets.com/stock/MDGC/company-info
I share your sentiment, thanks.
Looks like the shake/walk down is working. Can't have my shares though.
The public buying shares of MDGC does not change the float, which is calculated by subtracting the restricted shares and insider holdings from the outstanding shares. We, as shareholders, can lock up the float without changing that float number on otcmarkets.com. The idea is most of the shares are in the strong hands of our committed/convinced investors and are not available for sale at these levels or anywhere near this price IMHO, at least not for me. Actually, I am hoping that all who have signed the NDA with MDGC will be counted in that number and reduce the float.
What Does Float Mean?
1. The total number of shares publicly owned and available for trading. The float is calculated by subtracting restricted shares from outstanding shares.
2. A float can also refer to a small portion of the money supply representing a balance that is simultaneously present in a buyers and a payers account. A float results from the delay occurring between the time that a cheque is written and the money actually being deducted from the writer's account. These balances are temporarily double counted as part of the overall money supply.
Investopedia explains Float
For example, a company may have 10 million outstanding shares, but only seven million are trading on the stock market. Therefore, this company's float would be seven million.
Stocks with smaller floats tend to be more volatile than those with larger floats.
http://www.investopedia.com/terms/f/float.asp
http://www.davemanuel.com/2008/02/06/what-is-a-stocks-float-and-why-is-it-important/
Indicators beginning to turn up:
BUY-IF
http://www.americanbulls.com/StockPage.asp?CompanyTicker=MDGC&MarketTicker=OTC&TYP=S
MDGC – It has tested the PAR SAR as support, possible run today, hold.
http://www.drpennystock.com/
Bullish(.35) in the long term
http://www.stockta.com/cgi-bin/analysis.pl?symb=MDGC&num1=1&cobrand=&mode=stock
Moved up from strong sell to sell with a .0038 resistance point
http://www.barchart.com/quotes/stocks/MDGC
See chart
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59140089
And http://www.wyteclabs.com/ also.
New web page for Wytec Next Generation:
Wytec International, Internet Data Products and Service Provider
Wytec Infrastructure, Fiber, Backhaul, Middle Mile and Customer Premise Equipment.
Wytec Labs - Next Generation - Research And Development - Intellectual Properties
Wytec Next Generation Extended Life Batteries, Chargers and Accessories
Wytec Next Generation products will be available in the MediaG3 Store as they become available.
Broadband Phone Cloud Apps R&D
Wytec is a wholly owned subsidiary of MediaG3, Inc. © 2011 MediaG3, Inc. All Rights Reserved.
http://wytecnextg.com/
So, LTE and Wimax, how is that possible? I'll tell you - MDGC, IMHO.
http://www.marketwire.com/press-release/Unilava-to-Expand-Business-With-China-Wi-MAX-in-China-1381490.htm
http://www.marketwire.com/press-release/Unilava-and-China-Wi-MAX-Share-Funding-and-Resources-to-Deploy-in-China-1382270.htm
http://otcmoney.com/view.php?id=321
Or will.
Good try, but we had a different administration and different business plan at that time. Now, we have the right people and the right direction especially given the FCC's focus on broadband and the market's thirst for bandwidth.
Clearly, we are in the right place, at the right time, with the right direction. It's good to be MDGC!
The desperation and fear of Media g3's high speed wireless broadband internet communication advances and products to support the needs of the increased data throughput including its rich data solutions as demonstrated by the unwarranted and unsupported attacks against it is a strong indication that the attacks are not just to protect a naked short position.
There seems to be real concern MDGC’s offerings will disrupt the status quo for someone's business and the industry as a whole or will give another company a competitive advantage over another depending on who holds a license from MDGC.
The constant disparaging of MDGC's tech (which has not been formally released to the public), its hard working team, and plans of a developing company just beginning to emerge from R&D, as well as, the steady stream of misinformation about its towers, team members, and the FCC Regulations is very telling to say the least.
I am glad that we are not receiving so-called “fluff” PRs solely for hollow PPS purposes. As my pitch says, we are building a “[s]olid foundation supported by proven technologies, R&D, patents, partnerships, and [have a] convinced core [group of] investors."
The order of things for me would begin with getting the financial reporting in order, and, only then, release a media blitz methodically explaining MDGC’s offerings including its products and services. Finally, building up to the domestic and international reach of MDGC’s tech including projects, partnerships, and licenses. This is where the $10,000,000 in media credits will be put to work.
I am holding strong and my resolve has not diminished in the least because, in the end, I believe we shareholders of MDGC will be rewarded for our patience.
Looks like MDGC's plans are coming together and Val is doing well keeping information under wraps until the stars are aligned.
Very exciting times!
Thanks for the update and good luck to us all.
Excellent,thanks for the info.