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All of the trades you claim were sells were actually buys.
Notice the ChiOsc went from a negative number today to +166016 and the Accum/Dist line is moving up again.
Simply basing your claim that the sells outweighed the buys on the trade price in relation to ask/bid prices is an unfortunate use of misinformation.
http://stockcharts.com/h-sc/ui?s=MDGC&p=D&yr=0&mn=6&dy=0&id=p92317416887
http://stockcharts.com/c-sc/sc?s=mdgc&p=d&yr=0&mn=6&dy=10&id=p88578937769&a=201371293
I have noticed that MDGC's Tweets occur near the release of news and also anticipate an update this week. I have a feeling there is much to unveil, but the info release must be done at the right time in consideration of timing needs of the projects, partners, and various collaborations. I also look forward to VFIN getting off the ask. Should be a great week for shareholders, IMHO.
Interesting that the ZiiLabs Egg Feature Rich Applications Handheld Development Platform photo depicts the same smart phones pictured on MDGC's site.
http://www.ziilabs.com/products/platforms/ziiegg.aspx
http://www.mediag3.com/solutions.php
Agreed, given the trading history of MDGC, this is an indicator of a hard run in the near future, IMHO. We are not the only ones anticipating an uncontrollable reversal.
On top of that, we are on the verge of the unveiling of a new company with technological advancements previously unattainable, instant nationwide reach for product and service deployment, and partnership/licensing agreements that will usher in robust revenues and a literal (fiber) connection to mainland China.
MDGC's Multi-Core 5G Media Processor alone could sustain a company (see the picture at http://www.wix.com/mediag3/mediag3-preview-site which site, by the way, was created on September 8, 2010), combine that with WifiBridges, the batteries, the chargers, the antennas, the tower network, the City Wide Smart Grid Mesh Network, the backhaul advancements, the White Space technologies and pilot programs, the China and Philippines projects, mergers/acquisitions, and the list goes on.
All I can say about that is WOW!
Hold onto your pants because when this all comes together you will be worrying about how you want to set up your grandchildren’s' trust funds and wishing you had bought more of these cheap shares, IMHO.
You’re joking right!?! That is the most ridiculous construct (if you want to call it that) I have read on this board so far. Attempting to liken that company to Gibraltan or any other company just because they are in the same city in order to create a backdoor connection to MDGC is indefensible. These statements are far afield of any reasonable consideration.
Just noticed the Business Description on OTC Markts that I believe MDGC provided and thought it was interesting that MDGC believes, as I do (IMHO), it is "positioned to capture unprecedented market opportunities and to realize rapid revenue growth and profitability."
http://www.otcmarkets.com/stock/MDGC/company-info
MediaG3 is a leading communications technology company, developing and marketing broadband wireless products and applications for online and mobile devices. With proven patented technologies and established market acceptance, MediaG3 is positioned to capture unprecedented market opportunities and to realize rapid revenue growth and profitability.
With a well-defined business strategy, MediaG3 offers products and services to make broadband bi-directional communications possible in vast areas lacking fixed or wireless infrastructures.
MediaG3's product portfolio applications and services enable commercial customers to offer interactive TV and broadband Internet access at a significantly reduced cost.
MediaG3's unique technologies are protected by five US patents, one European patent and one Chinese patent.
Either way, it would appear that the prior Imperial Wireless website is now in the process of being updated as a MDGC website. Not sure what the controversy is though. Val apparently has sources of income that enable him to focus on building a technological powerhouse without having to rely on MDGC as a source of income, which is quite admirable and only benefits the company and its shareholders. The fact that Val is not selling shares to to thicken his or his friends' wallets is exactly what I want to see in a company on which I have spent my hard earned money.
Revenues are coming soon in a big way not to worry, IMHO. The revenue streams currently being created are many and diverse.
Val has done an incredible job preventing the issuance of shares unless it is directly related to the new business plan. MDGC is not selling shares for the payment of wages or for the enrichment of its officers and directors that much is clear. Val has had to contend with decisions of the prior CEO with regard to the now settled warrants, preexisting debt, and sale of shares well below then current PPS, which apparently led to his ouster and accounts for a sizeable portion of the outstanding shares.
Val has cleaned up the mess so to speak, redirected the company's focus on core technologies, created a new business plan with the help of outside experts, greatly reduced the overhead costs, reinvigorated dormant projects, started new projects in only recently available white spaces, and partnered with companies (to name a few accomplishments) that will allow MDGC to expand its reach well beyond U.S. borders. We are in the right place technologically speaking; at the right time given the need for greater bandwidth capacity, back haul improvements, and White Houses focus on next-generation communications infrastructure in its National Broadband Plan; on the right track; and in good hands.
Sorry, but the facts are the facts. MDGC's Quarterly Report clearly shows that the recent R&D phase was fruitful and the company is ready to move forward rapidly. The company's low debt, relatively high paid in capital, and complete avoidance of dilutive financing is outstanding for a company traded on any exchange and its shareholders. Doubting or not believing certain aspects of the report is hardly a basis for challenging its accuratcy; just as repeating the same comments over and over again will not make them any more valid.
The questions about "finished inventory" and "other non-current assets" would best be directed to an accountant. Based on the substance of the statements made in the post there appears to be a need for education in basic principles of accounting and finance.
The constant repetition and fallacies contained in your statements indicate a lack of interest in meaningful discussion and a desire to discredit a great company and solid investment.
I am sorry, I thought a few different companies merged into MDGC. The qualifiers "often" and "not necessarily" in your statement "This type of Goodwill is often attributed in the purchase but not necessarily able to be held as an ongoing asset" are telling.
Goodwill a fictious asset? Tell that to Google, they may be interested in knowing that more than 10% of their assets are not real.
http://www.sec.gov/Archives/edgar/data/1288776/000119312510241317/d10q.htm
You stated: "concluded I was a fictious assset," you said it not me.
Huh? I know the words in Post #41724 are placed in such a way as to have meaning, but I cannot make any sense of the statements as written. Anyone else? I am going to have to refer to my Hieroglyphics to English dictionary.
Aren't media credits fully transferable? Maybe the media credits amount to a disguised equity interest in MDGC acquired by a large media company.
http://www.o-a.com/archive/0307/7390.html
How did MDGC's Goodwill line item that has been carried foreward since 2007 go from being "questionable" (your Post #32749) to being "fraudulent" in your opinion?
The calculation of goodwill is a basic accounting principle and has nothing to do with excessive profit, which I anticipate MDGC will have soon.
From the Statement of Financial Accounting Standards (SFAS) No. 141:
Goodwill
a. Fair value of net assets acquired < Purchase cost of net assets acquired (the amount an entity pays in acquiring assets that is in excess of the acquisition’s fair market value of its net assets)
b. Goodwill = Purchase cost - Fair value of net assets
c. Goodwill is recognized as an asset.
http://cpaclass.com/gaap/sfas/gaap-sfas-141.htm
http://www.articlesbase.com/accounting-articles/accounting-for-goodwill-1292847.html
And, how does removing $1,564,037 as an asset change positive shareholder equity of $19,891,435 to a negative number "actual shareholder equity would be negative -- ($18,327,398)"? That appears to be rather creative destructive accounting.
I am not sure how fraud or falsehood can be concluded based upon a line item and nothing more, but such statements that are unsupported diatribe could be considered libelous.
According to the report almost half of the newly issued shares are restricted:
"On September 1, 2010, we issued 60,000,000 shares of our restricted common stock for payment
of an outstanding debt and finance charges totaling $157,000, including $120,000 for the
outstanding advances, and $37,000 for finance charges."
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=39943 (See, p.16).
The latest patents to reference MDGC's Multichannel Radio Frequency Transmission System To Deliver Wideband Digital Data Into Independent Sectorized Service Areas - Patent 6243427:
7603080 Multiple channel wireless communication system Richenstein, et al. 10/13/2009
7623868 Multi-band wireless access point comprising coextensive coverage regions Judd, et al. 11/24/2009
7643794 Multi-sector antenna apparatus Ofek, et al. 1/5/2010
7793327 Terminal device and method for using different services offered via a telecommunications network Miethe, et al. 9/7/2010
http://www.docstoc.com/docs/49728250/Multichannel-Radio-Frequency-Transmission-System-To-Deliver-Wideband-Digital-Data-Into-Independent-Sectorized-Service-Areas---Patent-6243427
That's my assumption. The "Tab message" or link pointing to the page says "White Cloud Software Applications, devises, and accessories for the Next Generation Mobile Internet".
http://wytecloud.com/
"WyteCloud Online Store coming soon . ."
http://wytecloud.com/
There may be an issue with the sites working because the semicolon was included in the address.
For ease of use here they are again:
http://wytecnextg.com/
http://www.wyteclabs.com/
http://www.facebook.com/people/Wytec-Labs/100000719805016
Thanks for your insight.
Other than your statements there has not even been a suggestion that Equitrend was given any shares for services performed for MDGC.
Instead of reposting the same question over and over and over again, the best way to check is by calling IR:
Investor Relations:
EquitiTrend Advisors, LLC.
web: http://www.equititrend.com
email: admin1@equititrend.com
phone: 858.436.3350
Not yet, but AUTO is in the same position and they are frequently in and out. I guess as word about MDGC continues to get out the MM list and interest will continue to grow - I suspect rapidly soon.
Looks like we have a new MM - Seton Securities Group (SSGI). Anyone know anything about them?
MDGC is also listed on its OTC Current Security List, p. 20.
http://www.otcmarkets.com/market-maker-dir?mmId=SSGI
And the list grows.
I am beginning to think that no one has any technical evidence undermining the relevance or value of MDGC's patents or technology.
Some very good explanations/responses to oft repeated inquiries today, thanks.
"Where has the technology been "proven" as you say it is? Isn't that what the pilot projects are for?"
Post No. 40899, has answered your original question from information provided by MDGC PRs.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56379187
"For over five years now, we have worked tirelessly to demonstrate our system capabilities to the growing broadband and mobile internet markets in China. This culminated in the successful awarding of a US Government grant by The United States Trade & Development Agency, after its independent and thorough due diligence on MediaG3's technology and market viability, to provide partial funding for this pilot project."
http://www.marketwire.com/press-release/-1201248.htm
Re-post from Saturday in reply to post #41031:
Cassandra: Your question is more existential rather than seeking an objective truth. The question to be answered really is, what verifiable evidence do you have that MDGC does not have disruptive technology?
First, we must look at what "disruptive technology" is:
A disruptive innovation is an innovation that disrupts an existing market. The term is used in business and technology literature to describe innovations that improve a product or service in ways that the market does not expect, typically by lowering price or designing for a different set of consumers.
http://en.wikipedia.org/wiki/Disruptive_technology
When we talk about disruptive technology what we really mean is technology that has the potential to change how people communicate and interact with one another and provides entirely new ways for differentiation. What characterizes these breakthroughs and their effect is that they are often unpredictable. They typically are the outcome of efforts to address a very complex problem that at the outset seemed intractable. What characterizes disruptive technology in Bell Labs is the significance of its impact on society.
http://www2.alcatel-lucent.com/blogs/techzine/2010/what-makes-technologies-disruptive-enough-to-transform-society/
Many times it will take a company with disruptive technology longer and more money than investors anticipate. Sometimes so long, that they end up in Wall Street’s discard pile, forgotten by the investment community. Sometimes these companies turn out to be bargains, as it often takes investors who have given up on their potential time to realize that the business has turned around.
http://blog.qualitystocks.net/?cat=201&paged=5
Next information published by the company:
WytecNG “Next Generation”“Next Generation” Batteries and Charge System ( SmartCharge Batteries )
1. NG Batteries – batteries seeing a 4 day “run cycle”; (compared to 2-4 hours normal)
2. NG Charger – quick charger – charging the new batteries in 14-20 seconds not hours
Super Fast Ram / Rich Media & Multi-Core Processors
literally achieving 10x faster speeds than “this generation” devices
http://www.mediag3.com/wytecng.php
03.19.2010 MediaG3 to Re-introduce Wytec Brand to use with wireless broadband products and services platformBoise, Idaho –(MARKET WIRE)–March 19, 2010– MediaG3, Inc. (OTC Pinksheets: MDGC), announced today the company is re-introducing the Wytec, Incorporated brand to use with their wireless broadband products and services platform. As a world leader in the development of Local Multipoint Distribution Services (LMDS) fixed wireless equipment, Wytec, Incorporated set the bar in high-speed wireless communications. Wytec, was formed in 1995 by a veteran team of engineers to design, manufacture, deploy, and support wireless communications systems that provide last-mile broadband access for commercial, residential, rural, military and international subscribers who require bi-directional Internet, voice and data communications services.
Wytec Incorporated, with extensive experience in developing commercial products based on international standards including GSM, AMPS, TDMA, CDMA, DataTac’s, CDPD, Ardis, ATM and SONET. Wytec’s intensive design efforts resulted in five key U.S. patents for their advanced wireless technology, which are expected to make a significant impact on MediaG3’s overall market value. The Company plans to aggressively defend its intellectual property rights. It is believed that most, if not all, of the current LMDS operators and equipment suppliers infringe on Wytec’s U.S. Patent for sectorized, wireless, point to multi-point communications systems.
Wytec’s typical customers are domestic and international operating companies holding the licenses to provide communication services in the millimeter-wave frequency bands from 24 to 43 Ghz. Wytec was the first to market with a product in the new 40-43 Ghz band in Europe. The Company’s management team will incorporate their Patented Technologies, in an effort to further support the industry’s quest for continually increasing Internet speeds.
http://www.mediag3.com/media.php?id=56
BOISE, ID--(Marketwire - March 24, 2010) - MediaG3, Inc. (PINKSHEETS: MDGC), announces today that, through AXS International, the Company retained Stephen Vitola, IP Attorney, who has verified the company's US and international patents, which encompass the company's broadband wireless back haul and cellular tower technologies.
MediaG3's patents for sectorized, wireless, point to multi-point communications systems, have become an Industry Standard in LMDS and cellular tower operations. In a continuing effort to support the industry's quest for increased Internet speeds, provide for cost effective equipment, installation and deployment, the Company has endeavored to incorporate their Patented Technologies.
http://www.marketwire.com/press-release/UPDATE-Media-G3-Retains-Patent-Attorney-Previously-Employed-Prestigious-Law-Firm-Kenyon-1164325.htm
SAN JOSE, Calif. -- MediaG3, Inc. (OTCBBOTCBB
See OTC Bulletin Board (OTCBB).
..... Click the link for more information.: MDGC MDGC Multidimensional Gas Chromatography ), a leading developer of broadband wireless product and interactive rich-media content delivery applications, today announced that it has been awarded a grant from the United States Trade & Development Agency (USTDA USTDA United States Trade and Development Agency ) to launch a pilot project for broadband wireless to support internet and digital TV services. The pilot project will be done together with its long time Chinese partner Academy of Broadcasting Science (ABS), a division of State Administration of Radio, Film and Television (SARFT SARFT State Administration of Radio, Film, and Television (China) ).
The $593,000 USTDA grant will be used to support the engineering, planning and implementation of the pilot project. The pilot project is to assess MediaG3's fixed wireless equipment and technology in support of a commercialization for China's "Direct to Home Rural Coverage" plan. Both MediaG3 and ABS will provide additional resources toward the completion of the pilot project.
http://www.thefreelibrary.com/MediaG3+Awarded+$593,000+Grant+from+US+Government+to+Launch+a...-a0185432389
WiFiBridgesThe release of our “next generation”, multi-channel, multi-mode, LMDS, LightWave Network
Think of WiFiBridgesTM as the on-ramp connecting all networks together, creating ONE Highway of Light.
WiFiBridgesTM, “Faster than Fiber”, From the speed of Sound, to the speed of Light.”
1. Multi-Channel / Multi-Mode Network – Expanded our core technologies to create better ideas
2. Municipality Solutions – Local Multi-Point Distribution Systems, Metro Mesh Networks
http://www.mediag3.com/wifibridges.php
10.12.2010 MediaG3 announces license & revenue sharing agreements with MeshGlobalSAN FRANCISCO, CA — (MARKET WIRE) –- 10/12/2010 — MediaG3, Inc. (PINK SHEETS: MDGC), announce the company has signed a Letter of Intent and are working out licensing and revenue sharing agreements with MeshGlobal, Inc., a privately held corporation. MeshGlobal will begin deploying the company’s patented and proprietary technologies immediately and plans to merge with MediaG3 upon completion of these agreements.
MeshGlobal Inc., a newly formed entity to specialize in commercial, government and institutional deployment of wireless mesh communication networks, will fund and deploy the first model programs, using MediaG3’s super-fast “next generation” wireless networks. MediaG3 will license its patented Local Multi-Point Distribution Systems (LMDS) and other proprietary technologies to MeshGlobal, to be used in these networks.
“MediaG3 is pleased and excited to announce the launch of these first licensing and revenue sharing models using our technologies,” stated Val Westergard, MediaG3 chairman. “MediaG3 will be working very closely with MeshGlobal, to advise, help and provide the latest wireless technologies.”
“These MeshGlobal projects will also be the first to use MediaG3's WiFiBridges technologies, which can move much larger amounts of data through multiple spectrums using MediaG3 technologies, and are a great primary or complimentary solution for small business, enterprise, neighborhood, community, metropolitan, campus, public and rural areas.” “We intend to invite mayors, education and public safety directors, businesses and other WISPs to come and experience these “next generation” technologies to use, evaluate and consider for their customers, business and community needs.”
http://www.mediag3.com/media.php?id=334
Imperial Wireless
Created to deliver high speed Internet and mobile wireless broadband services. Merged with MediaG3 and Wytecs backhaul, middle-mile technology and Wytecs Multi-Channel customer premise equipment; We are now delivering next generation digital technology at speeds only dreamed of until now; and super-fast
multi-band radios to integrate and meet the needs of municipalities everywhere.
http://www.mediag3.com/partners.php
And, in conclusion:
Clearly, MediaG3's last-mile, middle-mile, white spece, and battery technology is "considered disruptive technology." IMHO. Again, what "verifiable evidence" do you have to the contrary?
Cassandra: I DISAGREE!
Your reply seems to have missed my earlier post, which was also linked for ease of review. But, I will post it again after this post just in case it was missed.
I provided 3 discriptions of disruptive technology and how the term is used today including the Wikipedia definition.
"A disruptive innovation is an innovation that disrupts an existing market. The term is used in business and technology literature to describe innovations that improve a product or service in ways that the market does not expect, typically by lowering price or designing for a different set of consumers."
http://en.wikipedia.org/wiki/Disruptive_technology
"MDGC's patents do not seem to qualify as disruptive or even potentially disruptive." The qualifier "seem" in your argument is instructive as your source does not support that statement or this one, "A technology is not truly considered "disruptive" until it replaces an established technology," which appears to be only opinion.
Another discussion of disruptive technology was one of the sources of the Whatis.com information "cited" in your post (by the way, and as a rule of thumb, a string of more than 5 words from another source in a sequence is not a paraphase even if one changes the paragraphing), which almost exclusively provided the language of your argument. When it was posted I had trouble keeping up with the argument after it was edited 9 different times with each being slightly more slanted toward supporting the argument.
Notice the bolded language. Again, MediaG3's last-mile, middle-mile, white spece, and battery technology is disruptive technology. It will change how people and goverment entities interact, communicate, and provide servies to the public.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56388476 (See phoneguy's Sunday post for further explanation)
Disruptive Technologies Can Be Useful
By Sean Gallagher
2002-11-01
Attention, all you technology project managers: it's no longer just cool to be disruptive. Now, it's a business mandate.
Thanks to the popularization of the term by Harvard Business School professor Clayton Christiansen, the delivery of a "disruptive technology" has become a badge of honor many vendors have tried to pin on their chests. Napster was disruptive—it changed the entire landscape of the entertainment industry, too much for its own good. It even inspired a legion of copycats aiming to disrupt other fields. Napster-like peer-to-peer computing is behind Lotus Notes inventor Ray Ozzie's Groove Networks, for example.
Groove uses this disruptive technology to help people share work, instead of music. This is where disruption can be good: as a spur to companies to shake up their business models, eliminate barriers inside their organizations and create opportunities to lower expenses, speed product delivery and find new customers.
But disruption can come with severe cultural side effects.
Take General Motors' own version of Napster—called eViz. Based on EDS' Unigraphics collaborative-design software, Microsoft's NetMeeting software and .NET Web services architecture, GM engineers now share work with peers outside the GM firewall. They work together around the clock, sharing applications and data files in "team rooms"—secure electronic workspaces where team members around the country or globe can meet without traveling.
This lowers barriers to working with the automaker. Any company anywhere can be a supplier. "There are service providers everywhere," says Nick Andreou, vice president in charge of GM Engineering's collaboration strategy. With pay scales still widely variable, a lot of talent abroad is cheaper than what is available at home. That means GM can take on more projects, since each can cost less.
IBM has a similar internal effort called "e-Workplace," a collection of software that powers electronic meetings, collaborative Web sites and instant messaging applications. E-Workplace has saved the company $60 million a year on travel alone, according to Gregg Cherbonneau, an IBM marketing manager who wants to sell the services to other companies. The system also supports an increasing number of IBM telecommuters; the Lotus division saves $10,000 a year for every employee who no longer works in its Cambridge offices full time.
You don't have to spend millions to stir things up. Ketchum Public Relations did it with eRoom Technology's off-the-shelf package, eRoom. Its account team members and clients now can check in via the Web from anywhere in the world. "It gave us total transparency to clients," says Ketchum's CIO Andy Roach. The result: more, rather than less, discipline. Documents get controlled better; fewer errors get through.
Like other forms of knowledge management before it, these "e-collaboration" efforts face some big cultural barriers. Partners and customers gain a lot of exposure to the internal processes of their collaborators. This can be uncomfortable. At Ketchum, discussions between employees that used to happen in e-mail now happen in full view of all involved. At GM, designers and engineers now have to put every draft of their work on a public server.
Even IBM has had to adjust. As relationships created by virtual teaming on projects have proliferated, IBM has changed how it manages people. Cherbonneau says team members and managers now have to agree on the same objectives—completing specific features by specific dates—so workers are focused on one set of goals.
Another reason for pause: while every collaboration tool provides some form of security, that security is directly in the hands of the users. In Ketchum's case, the teams themselves are responsible for administering access to their virtual collaboration space.
Now you know why this technology is "disruptive." And why you have to learn to let it germinate, without letting it grow wild.
http://www.baselinemag.com/c/a/Projects-Management/Disruptive-Technologies-Can-Be-Useful/
Well said.
We are awaiting the acquisition of 80% interest in China Dragon Telecom (CDT), a global telecommunication provider in China by MDGC's partner, Unilava. I believe that MDGC's China relationships, pilot program success, and technologies will be part of the JV with Unilava once the acquisition is completed. According to Unilava's recent financial reports, the deal with CDT is expected to close by the end of 2010. CDT has retained Deloitte Touche LLP as its independent auditor to provide audited financial statements for CDT's 2008 and 2009 fiscal years, which necessarily must be completed before the transaction can occur.
http://finance.yahoo.com/news/Unilava-Provides-Update-on-iw-1678469821.html?x=0&.v=1
"The Company had signed a Memorandum of Understanding on December 7, 2009 to acquire 80% interest in China Dragon Telecom Limited
and its affiliates based in Hong Kong, China. The negotiations and execution of definitive agreements, regulatory approval and other customary conditions is expected to be completed in late 2010."
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7467030 (See, Note 10).
The "share count" is not 1.5 billion. The outstanding shares (OS) are about 1/2 a billion less. The authorized shares (AS) are 1.5 billion, but those shares have not been released by the company. I like the fact that the AS is relatively low compared to typical OTC stocks for companies with much less to offer than MDGC that trade higher i.e. MDGC is not your typical OTC company. I believe MDGC has technologies important to telecom industry and the end user that only need to be implemented for MDGC to move forward rapidly.
http://www.otcmarkets.com/stock/MDGC/company-info
The point is MDGC is extremely undervalued regarding the current PPS in my view. I believe MDGC's OTC status is a function of the need to keep a lid on all that is going on at MDGC under the reduced reporting requirements until Val & co. get all of their ducks in a row.
After all, as MDGC put together its updated financial reports with the help of "new accountants and SEC attorneys to complete this process" the attorney letter is probably only a formality at this point. I anticipate that MDGC will rise to the next OTC tier, Current Information, near the end of November or sooner and to higher exchanges as the business plan becomes realized.
http://www.mediag3.com/media.php?id=15
Again, I ask you (see post 40769) since you keep bringing this up for some odd, though obviously purposeful, reason:
What evidence leads you to believe that Equitread received any MDGC shares as you suggest? There is nothing stated in any PRs, financial reports, or emails from IR or the company supporting your unsubstantiated claim.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56335052
Thanks for your suggestion, but why should we call Jose? Are we investing for you?
I just did, see the following posts 40883 (which was sent directly to you) & 40901:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56377831
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56379187
Now the burden shifts to you to disprove, with "verifiable evidence" as you have requested, the public information presented by MDGC in the posts I mentioned above).
The point is: just as you feel that you do not have "to prove the patents have little or no value" or offer any evidence in support of your contentions, we do not feel it necessary to respond to your ridiculous, unsupportable assertions (even though I did).
So, with that your incessant attempts to slander MGDC have become irrelevant.
You can only beat a horse that was never alive so many times before you lose credibility - as you have done here.
I liked that one too.
According to MDGC, the patents have been "verified" by an IP attorney, which was originally the basis of the statement.
See, previous post at: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56377831
But also see:
MediaG3 Announces the Commencement of the Final Phase to the China Pilot Project
SANTA CLARA, CA--(Marketwire - October 8, 2009) - MediaG3, Inc. (www.mediag3.com) (PINKSHEETS: MDGC), a leading developer of broadband wireless products and services, is pleased to announce the launch of the final phase to its China Pilot Project in Yunnan Province, which has a population in the range of 45 million.
This project features MediaG3's patent protected LMDS technology as the wireless link to the provision of digital cable television to underserved Chinese households in Yunnan Province. Under the sponsorship of China's distinguished Academy of Broadcasting Science, MediaG3 will be featured in a national demonstration of its LMDS technology within the cable network of Yunnan Cable, one of the larger cable television providers in Yunnan Province.
"We are delighted to advance to the final phase in our China Pilot Project with our distinguished partners in China," says Joseph L. Anzalone, MediaG3 President & Chief Operating Officer. "For over five years now, we have worked tirelessly to demonstrate our system capabilities to the growing broadband and mobile internet markets in China. This culminated in the successful awarding of a US Government grant by The United States Trade & Development Agency, after its independent and thorough due diligence on MediaG3's technology and market viability, to provide partial funding for this pilot project. Furthermore, we received rare and commending endorsements from China's Ministry of Commerce and China's State Administration of Radio, Film, and Television," added Mr. Anzalone.
"China's rural communities are in the midst of a major evolution toward digital media and broadband infrastructure to serve hundreds of millions of Chinese households, which have been underserved to date. This rapidly evolving market and MediaG3's LMDS technology will provide a crucial 'last mile solution' to the broadband and mobile network expansion in rural China," added MediaG3 China Market General Manager, Gordon Guo.
The Chinese telecommunications and broadband market is the largest in the world. The mobile sector is expanding at over 18% per year without the added benefit of 3G services. Once the 3G services are rolled out, the market growth is expected to accelerate, and MediaG3 will be well positioned to address this demand.
"With our LMDS broadband wireless as the backhaul infrastructure, we will pave the road for Imperial Wireless 4G WiMAX and our video technology and products to enter the vast China market," says Val Westergard, Chairman of MediaG3. "We are very excited about this unparalleled opportunity and potential to participate in the largest broadband market in the world."
http://www.marketwire.com/press-release/-1201248.htm
The buzz is growing:
376 searches on message boards
http://www.boardcentral.com/profile/MDGC#summary
We are on the buzz cloud.
http://investorshub.advfn.com/boards/tcloud2.aspx
And, we are No. 35 of the most read boards.
http://investorshub.advfn.com/boards/most_read.aspx
Agreed on all points.
Likewise, it is not up to us to prove that MDGC's technology is disruptive and has the "potential to change how people communicate and interact with one another" or that the patents are very significant and valuable in today's market. IMHO.
See, quote cited here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56377831
What if they are wrong, then what? You miss out on a great investment. IMHO. Maybe you should start your DD by reading all of the posts on this board that have discussed the baseless issues raised by the two you obviously put more stock in than anything MDGC or its partners have published by way of press releases or financial reports instead of trying to steer toward the ridiculous, "but I have nothing to base that claim on, just suspicious." IMHO.
Cassandra: Your question is more existential rather than seeking an objective truth. The question to be answered really is, what verifiable evidence do you have that MDGC does not have disruptive technology?
First, we must look at what "disruptive technology" is:
A disruptive innovation is an innovation that disrupts an existing market. The term is used in business and technology literature to describe innovations that improve a product or service in ways that the market does not expect, typically by lowering price or designing for a different set of consumers.
http://en.wikipedia.org/wiki/Disruptive_technology
When we talk about disruptive technology what we really mean is technology that has the potential to change how people communicate and interact with one another and provides entirely new ways for differentiation. What characterizes these breakthroughs and their effect is that they are often unpredictable. They typically are the outcome of efforts to address a very complex problem that at the outset seemed intractable. What characterizes disruptive technology in Bell Labs is the significance of its impact on society.
http://www2.alcatel-lucent.com/blogs/techzine/2010/what-makes-technologies-disruptive-enough-to-transform-society/
Many times it will take a company with disruptive technology longer and more money than investors anticipate. Sometimes so long, that they end up in Wall Street’s discard pile, forgotten by the investment community. Sometimes these companies turn out to be bargains, as it often takes investors who have given up on their potential time to realize that the business has turned around.
http://blog.qualitystocks.net/?cat=201&paged=5
Next information published by the company:
WytecNG “Next Generation”“Next Generation” Batteries and Charge System ( SmartCharge Batteries )
1. NG Batteries – batteries seeing a 4 day “run cycle”; (compared to 2-4 hours normal)
2. NG Charger – quick charger – charging the new batteries in 14-20 seconds not hours
Super Fast Ram / Rich Media & Multi-Core Processors
literally achieving 10x faster speeds than “this generation” devices
http://www.mediag3.com/wytecng.php
03.19.2010 MediaG3 to Re-introduce Wytec Brand to use with wireless broadband products and services platformBoise, Idaho –(MARKET WIRE)–March 19, 2010– MediaG3, Inc. (OTC Pinksheets: MDGC), announced today the company is re-introducing the Wytec, Incorporated brand to use with their wireless broadband products and services platform. As a world leader in the development of Local Multipoint Distribution Services (LMDS) fixed wireless equipment, Wytec, Incorporated set the bar in high-speed wireless communications. Wytec, was formed in 1995 by a veteran team of engineers to design, manufacture, deploy, and support wireless communications systems that provide last-mile broadband access for commercial, residential, rural, military and international subscribers who require bi-directional Internet, voice and data communications services.
Wytec Incorporated, with extensive experience in developing commercial products based on international standards including GSM, AMPS, TDMA, CDMA, DataTac’s, CDPD, Ardis, ATM and SONET. Wytec’s intensive design efforts resulted in five key U.S. patents for their advanced wireless technology, which are expected to make a significant impact on MediaG3’s overall market value. The Company plans to aggressively defend its intellectual property rights. It is believed that most, if not all, of the current LMDS operators and equipment suppliers infringe on Wytec’s U.S. Patent for sectorized, wireless, point to multi-point communications systems.
Wytec’s typical customers are domestic and international operating companies holding the licenses to provide communication services in the millimeter-wave frequency bands from 24 to 43 Ghz. Wytec was the first to market with a product in the new 40-43 Ghz band in Europe. The Company’s management team will incorporate their Patented Technologies, in an effort to further support the industry’s quest for continually increasing Internet speeds.
http://www.mediag3.com/media.php?id=56
BOISE, ID--(Marketwire - March 24, 2010) - MediaG3, Inc. (PINKSHEETS: MDGC), announces today that, through AXS International, the Company retained Stephen Vitola, IP Attorney, who has verified the company's US and international patents, which encompass the company's broadband wireless back haul and cellular tower technologies.
MediaG3's patents for sectorized, wireless, point to multi-point communications systems, have become an Industry Standard in LMDS and cellular tower operations. In a continuing effort to support the industry's quest for increased Internet speeds, provide for cost effective equipment, installation and deployment, the Company has endeavored to incorporate their Patented Technologies.
http://www.marketwire.com/press-release/UPDATE-Media-G3-Retains-Patent-Attorney-Previously-Employed-Prestigious-Law-Firm-Kenyon-1164325.htm
SAN JOSE, Calif. -- MediaG3, Inc. (OTCBBOTCBB
See OTC Bulletin Board (OTCBB).
..... Click the link for more information.: MDGC MDGC Multidimensional Gas Chromatography ), a leading developer of broadband wireless product and interactive rich-media content delivery applications, today announced that it has been awarded a grant from the United States Trade & Development Agency (USTDA USTDA United States Trade and Development Agency ) to launch a pilot project for broadband wireless to support internet and digital TV services. The pilot project will be done together with its long time Chinese partner Academy of Broadcasting Science (ABS), a division of State Administration of Radio, Film and Television (SARFT SARFT State Administration of Radio, Film, and Television (China) ).
The $593,000 USTDA grant will be used to support the engineering, planning and implementation of the pilot project. The pilot project is to assess MediaG3's fixed wireless equipment and technology in support of a commercialization for China's "Direct to Home Rural Coverage" plan. Both MediaG3 and ABS will provide additional resources toward the completion of the pilot project.
http://www.thefreelibrary.com/MediaG3+Awarded+$593,000+Grant+from+US+Government+to+Launch+a...-a0185432389
WiFiBridgesThe release of our “next generation”, multi-channel, multi-mode, LMDS, LightWave Network
Think of WiFiBridgesTM as the on-ramp connecting all networks together, creating ONE Highway of Light.
WiFiBridgesTM, “Faster than Fiber”, From the speed of Sound, to the speed of Light.”
1. Multi-Channel / Multi-Mode Network – Expanded our core technologies to create better ideas
2. Municipality Solutions – Local Multi-Point Distribution Systems, Metro Mesh Networks
http://www.mediag3.com/wifibridges.php
10.12.2010 MediaG3 announces license & revenue sharing agreements with MeshGlobalSAN FRANCISCO, CA — (MARKET WIRE) –- 10/12/2010 — MediaG3, Inc. (PINK SHEETS: MDGC), announce the company has signed a Letter of Intent and are working out licensing and revenue sharing agreements with MeshGlobal, Inc., a privately held corporation. MeshGlobal will begin deploying the company’s patented and proprietary technologies immediately and plans to merge with MediaG3 upon completion of these agreements.
MeshGlobal Inc., a newly formed entity to specialize in commercial, government and institutional deployment of wireless mesh communication networks, will fund and deploy the first model programs, using MediaG3’s super-fast “next generation” wireless networks. MediaG3 will license its patented Local Multi-Point Distribution Systems (LMDS) and other proprietary technologies to MeshGlobal, to be used in these networks.
“MediaG3 is pleased and excited to announce the launch of these first licensing and revenue sharing models using our technologies,” stated Val Westergard, MediaG3 chairman. “MediaG3 will be working very closely with MeshGlobal, to advise, help and provide the latest wireless technologies.”
“These MeshGlobal projects will also be the first to use MediaG3's WiFiBridges technologies, which can move much larger amounts of data through multiple spectrums using MediaG3 technologies, and are a great primary or complimentary solution for small business, enterprise, neighborhood, community, metropolitan, campus, public and rural areas.” “We intend to invite mayors, education and public safety directors, businesses and other WISPs to come and experience these “next generation” technologies to use, evaluate and consider for their customers, business and community needs.”
http://www.mediag3.com/media.php?id=334
Imperial Wireless
Created to deliver high speed Internet and mobile wireless broadband services. Merged with MediaG3 and Wytecs backhaul, middle-mile technology and Wytecs Multi-Channel customer premise equipment; We are now delivering next generation digital technology at speeds only dreamed of until now; and super-fast
multi-band radios to integrate and meet the needs of municipalities everywhere.
http://www.mediag3.com/partners.php
And, in conclusion:
Clearly, MediaG3's last-mile, middle-mile, white spece, and battery technology is "considered disruptive technology." IMHO. Again, what "verifiable evidence" do you have to the contrary?