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Sure. They moved on to the China Wimax pump once it became obvious Mediag3 wasn't going to do a thing for them. And like MDGC they have to let this junk off the mat a little so there's room to punch it flat again.
Same old, same old. Birds of a feather:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58869636
The key to that article is the endorsement by Frost & Sullivan. A F&S endorsement is paid propaganda that generally fails to rise above the level of a sorry lie.
Frost & Sullivan
Fraudulent/misleading "awards" sold to businesses.
Frost & Sullivan sell "awards" to businesses, as alleged recognition for something special about the target company, something that F&S has supposedly done extensive research about. In reality, many of those awards are handed out (not for free, they are sold as commercial products!) with little or no real justification. The only justification is that award sales generate substantial revenue for F&S.
In fact, companies are actively targeted for award sales, based on a) whether they seem to have a liking for awards, and b) whether they look like a potential future client to F&S.
Similarly, identical awards are often sold to direct competitors in an industry, which ought to be an impossibility. To get around that, F&S invents convoluted award names that differ from each other only in some insignificant detail.
This is just one example of a culture of dodgy business practices at this firm. More can be found at http://frostybite.blogspot.com
Oh, so the split has been rumored? HA!!
Except it was reported that Unilava dumped Val and his do nothing but test and test some more company. LOL
Right. Val at MDGC is supplying Unilava with their next batch of vacuum cleaners! LOL Wait! Val can't do that now that Baldwin dumped him like bad rubbish!
Naturally the deal went nowhere! But the offer to sell the entire assets of the company shows LMDS was worth nothing to MDGC, a pile of useless, decade old junk and worthless patents. Apparently the company offering to strip the company bare eventually decided the LMDS assets were, as the market has determined, worthless.
Best of all, it was a pump and dump PR opportunity for facilitating flooding the market with more shares. Nifty! LOL
Really? Then why was Mediag3 trying to totally divest itself of its wondrous LMDS junk to another company a couple of months later? Or was this just another pump PR to sell stock into? Hey, guess what? ... it WAS!
http://callcenterinfo.tmcnet.com/news/2009/05/28/4200969.htm
The game is pretty old here and it's a pretty old game! LOL
Read the first sentence. It doesn't get any clearer who had control of the funds, the ABS:
http://www.ustda.gov/news/pressreleases/2008/EastAsia/China/ChinaJCCTICT_091608.pdf
Mediag3 has $65.00 in its treasury. Guess the cash grant went into some other pocket. LOL
The 2008 grant went to the Acadamy of Broadcasting Science, that is how the program works. They were to pick a US firm to spend the money on. The ABS seems to have had nothing more to do with Mediag3 according to the ABS website. Since it was late in 2008 the USTDA annual report that went to press could not have reflected any change of mind on the part of the ABS regarding which US firm to spend the money on. Look at the USTDA budget, the amount was trivial, a line-item out of hundreds. As it is up to the foreign recipient to choose the US firm, Mediag3 was obviously given the boot. In ANY case, late 2008 is the time the dilution started, regardless of the minutia. That fact right there shows something definitely started to stink.
The very first sentence says the grant was awarded in 2008 to the Chinese Academy of Broadcasting, not to Mediag3.
Now I feel very confident Val has lulled many an investor down to a third of one cent. Kudos to him for owning that much talent.
For Pete sake. This stinking benjamin is not the great powerhouse it pumped itself up to be. It's just another pinky chart play. Zero substance, forgotten after the next dump.
Another so-called effort in a long list of Val's bungling. Just call him Mr. Incomplete.
The dates of those pump PRs coincided exactly with the first flood of millions, then hundreds of millions of shares into the market. Stock dropped from $1 to 70 cents, from there the scheme picked up steam until the dilution reached one billion two hundred million shares @ 1/3 of a cent. Next stop is that bounce at .0010 followed by the reverse split followed by the cellar box. The product at MDGC is air mixed with stock sales. This is where a dozen years of failure have finally wrung dry.
They do it anyway! Electricity is vital to tower operation, vital for every single tower you see, so tossing in fiber is the no brainer:
1/6/11 Proposed Action
Fall River Electric would install approximately 2.15 miles of buried power cable as part of the proposed action. In anticipation of expanded communication needs in the region, a conduit would also be buried with the power cable from U.S. Highway 20 to the tower site for future fiber optic services, likely provided by FairPoint Communications.
Installation of the power line and fiber optic conduit would require a small bulldozer equipped with a rip plow and a backhoe. Conduit, cable, and other required equipment would be brought to the work site by pickup and utility trucks. Approximately 3-4 people would be on-site during construction. Tower installation would require a crane which would be staged on site during construction. For its entire length, the cable would be mechanically pulled and direct buried to a depth of at least 30 inches. The conduit for the planned fiber optic cable would be installed at the same time.
-------
Pieter Poll's 13-year-old son used nearly 340 megabytes of data on his Motorola Droid smart phone last month, about 70 times more than Poll's wife consumed on her BlackBerry.
"If he's interested in a sports game, he will actually look at that on his wireless device even though he's at home," said Poll, chief technology officer for Denver-based Qwest.
That explosion in data consumption among smart-phone users is taxing the nation's wireless networks. In response, wireless carriers have asked companies such as Qwest and Broomfield-based Level 3 Communications to connect their fiber-optic networks directly to thousands of cellular towers in Colorado and across the country.
The fiber connection replaces older copper lines and offers carriers access to 10 to 100 times more bandwidth, which eases network congestion and supports the deployment of faster technologies.
"It is the wave of the future for backhaul (connections)," said Lisa Pierce, president of Strategic Networks Group, an industry consulting firm.
Much of a cellphone call or data connection is carried over a land-based network, as the signal typically travels just a short distance in the air from a handset to a tower and vice versa.
The fiber-based backhaul won't help eliminate dropped calls, which are usually caused by unavailability of a nearby tower, Poll said. But when a video is streamed or an application is downloaded, the quality of the stream or speed of the download relies heavily on land-line capacity.
Qwest has contracts to build fiber to 2,000 cell sites in its 14-state local-phone-service territory.
"It's a number that's growing quickly," Poll said.
He estimates that within five years, about half of the 18,000 cell towers in Qwest's territory will have high-capacity connections.
Fiber-to-the-tower requests two years ago were largely for central business districts, said Level 3 spokeswoman Kimberly Greene.
"However, with improved wireless penetration, usage and bandwidth demand, Level 3 is fielding requests for fiber to the tower at locations outside metro markets," she said.
Verizon and AT&T, the exclusive wireless provider for the bandwidth-hogging iPhone, have acknowledged that fiber-based backhaul is key to offering faster cellular speeds.
And delivering the mobile goods is lucrative because data and text-messaging revenue account for about 25 percent of total wireless revenue in the United States, according to Strategic Networks Group.
AT&T doubled the number of fiber-served cell sites last year and will triple the rate of deployment in 2010, said spokeswoman Brooke Burgess.
The launch of Apple's 3G-enabled iPad in April is expected to drive mobile data consumption to new extremes.
"The data usage, again, is going to go up because as the screen gets larger and the experience gets richer, there's more and more data that's involved," Poll said.
http://www.denverpost.com/business/ci_14465735
Don't waste your time. Order directly from Amazon or eBay, that's where your products will actually be coming from, not pump-city Idaho LOL Try again at .0010, that's where this junk might bounce.
The International Telecommunications Union, you admit, sets standards for 4G which they have recently relaxed to allow 3.9G to call itself 4G. Mediag3 has a photoshopped piece of plastic decorated with '5G', which is false advertising, since the ITU has set NO such standards. Mediag3's 5G is as much false advertising as calling 3.9G, 4G. Worse, it is a marketing ploy of a different nature: the promotion of worthless stock.
Btw, your links fail to corroborate much of anything in your post. Nice try.
Except the last time XO tried using their LMDS spectrum they turned no profit. And since profit is the name of the game, profitability trumps all. As stated earlier, for tax loss purposes, corporations keep their losing assets (since they is unsaleable anyway) in order to recoup something from Uncle Sam.
Um, I think Val's vision has already been disrupted. Time flies!
The problem is that the enhanced 3G networks of both T-Mobile and AT&T are based on GSM technology, so they are still voice networks that are essentially retrofitted to handle data. On the other hand, WiMAX and LTE are both IP-based networks that use OFDM technology and are designed to natively handle data traffic. That’s what makes them “4G” or next generation networks, even more than the raw bandwidth numbers. This shows up when you look at the latency of these networks, which is typically 50-100ms (milliseconds) vs. 200-500ms for the enhanced 3G networks.
I posted weeks ago that Wytec's main patent was for tech too old to be worth even $0.0001 -- and now your article confirms what I earlier noted:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56510291
You are spot on, clec. Val is turning 58, lives in a rented house and needs to transfer from your Roth to his via sales of worthless stock -- and he needs to do it in a hurry to for a chance to retire from schlepping vacuum cleaners before his back gives out.
Yes, the great Idaho web page company. That breed of canard hasn't worked since 1996, and you wonder how it worked back then.!
Well, Canoe asked for a little lighter fare.
You think they issue patents to any schmuck who applies for one? LOL!
Oh?
http://www.freepatentsonline.com/crazy.html
Nothing that has ever produced a profit, not ever. The laugh is on those who are suckered by Val into funding the current, and likely final, incarnation of this long lost cause.
The Chinese patent from 14 years ago described a frequency transmission system that employed a sectorized antenna. Since patents for sectorizing antennas predated the patent in question, there existed transmission systems that also predated the patent in question which used sectorizing antennas, or else there would have been no need for a sectorizing antenna before there existed equipment that could use it. So, there was nothing special about what was patented, other than it sounded good for fluffing up investor hopes in the original, failed Wytec -- way before the latest round of fleecing. In any case that is very old news!
This was also addressed during a storm of talk about MDGC being a Wimax powerhouse, except for the unruly fact that neither Wytec nor Mediag3 are certified by the Wimax Forum.
After this fact was duly noted and processed, a few quiet days followed, before noise about what Val had up his sleeve next turned to testing the old Wytec junk by Thanksgiving Day. Which makes one wonder where the former test results were hiding for this creaking equipment that was built a decade ago. Also, very old news.
Facts are facts, no matter how the facts happen to be expressed.
So Wytech is another Chi-scam now? Looks like it according to the pps.
At the eternal .0001, you'll figure out what and who the merchandise really was here.
What on earth should one expect from Val, the one-man show shot out of a vacuum cleaner exhaust port? Even the board of scumbags and kooks slammed the door of his rent and left. What is there left to say?
Companies are always minting PRs about 'entering this or that market', keeping the investors thinking they are always progressing. For their clients who mention blah blah, they will say oh we can do that, but will bait and switch to what they really have in their arsenal. It is plain what the company actually believes is superior or they'd remove spiels like this from their site.
That might be a nice sentiment. But the gentleman in the video was pushing his own company's (Bridgewave) wireless offering. A 60 and 80 GHz solution his company says is preferable to any 18-38 GHz system. So, he comes out and talks smack about the exact spectrum LMDS utilizes. Too ironic for words -- as he would sniff at LMDS as archaic, and MDGC as yesterday's news!
Where there is electrical service there is room for another, oh so much thinner, optical cable.
BUSINESS
Fiber-optic connections help grow cellular bandwidth
Pieter Poll's 13-year-old son used nearly 340 megabytes of data on his Motorola Droid smart phone last month, about 70 times more than Poll's wife consumed on her BlackBerry.
"If he's interested in a sports game, he will actually look at that on his wireless device even though he's at home," said Poll, chief technology officer for Denver-based Qwest.
That explosion in data consumption among smart-phone users is taxing the nation's wireless networks. In response, wireless carriers have asked companies such as Qwest and Broomfield-based Level 3 Communications to connect their fiber-optic networks directly to thousands of cellular towers in Colorado and across the country.
The fiber connection replaces older copper lines and offers carriers access to 10 to 100 times more bandwidth, which eases network congestion and supports the deployment of faster technologies.
"It is the wave of the future for backhaul (connections)," said Lisa Pierce, president of Strategic Networks Group, an industry consulting firm.
Much of a cellphone call or data connection is carried over a land-based network, as the signal typically travels just a short distance in the air from a handset to a tower and vice versa.
The fiber-based backhaul won't help eliminate dropped calls, which are usually caused by unavailability of a nearby tower, Poll said. But when a video is streamed or an application is downloaded, the quality of the stream or speed of the download relies heavily on land-line capacity.
Qwest has contracts to build fiber to 2,000 cell sites in its 14-state local-phone-service territory.
"It's a number that's growing quickly," Poll said.
He estimates that within five years, about half of the 18,000 cell towers in Qwest's territory will have high-capacity connections.
Fiber-to-the-tower requests two years ago were largely for central business districts, said Level 3 spokeswoman Kimberly Greene.
"However, with improved wireless penetration, usage and bandwidth demand, Level 3 is fielding requests for fiber to the tower at locations outside metro markets," she said.
Verizon and AT&T, the exclusive wireless provider for the bandwidth-hogging iPhone, have acknowledged that fiber-based backhaul is key to offering faster cellular speeds.
And delivering the mobile goods is lucrative because data and text-messaging revenue account for about 25 percent of total wireless revenue in the United States, according to Strategic Networks Group.
AT&T doubled the number of fiber-served cell sites last year and will triple the rate of deployment in 2010, said spokeswoman Brooke Burgess.
The launch of Apple's 3G-enabled iPad in April is expected to drive mobile data consumption to new extremes.
"The data usage, again, is going to go up because as the screen gets larger and the experience gets richer, there's more and more data that's involved," Poll said.
http://www.denverpost.com/business/ci_14465735
DD from another wireless seller? Conflict of interest from that source material is rather high!
The curious thing about wireless backhaul is the fact that a wire brings electricity to all these towers, fixtures, antennas and assorted equipment. "For example, while cell phones communicating with a single cell tower, powered by a connection to the electrical grid, constitute a local subnetwork, the connection between the cell tower and the rest of the world begins with a backhaul link to the core of the telephone company's network." Just how many venues actually require wireless in order to connect with the network system when an electrical cable is obviously already in place to provide power, ie the wire providing electrical service got there somehow. LMDS equipment, which has such rain fade problems that the distance between towers is short, would still require electricity. How is providing and maintaining all those extra remote electrical connections economically feasible?
I'm sure they claimed there was interest in 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011 and they will continue to claim there is interest in 2012, 2013, 2014, etc. because what company wants to publicly admit to a multi-million dollar mistake when that mistake will be quietly written off over the next decade.
The market is concerned with a huge credibility deficit regarding MDGC. No volume of ho-hum promises and rabid Tweeting by Val will alter the market's perception problem, a preception I think is well warranted.
If they had not renewed the licenses they would be worthless and possibly no longer deductible. With renewal they remain an asset on the books which the company will continue to depreciate for tax purposes. But as I said, no one wanted their LMDS spectrum. No bids. Isn't that plainly obvious?