MediaTechnics Corp (MEDT)

[mike_smith]

Dead Company Due To Failed Management

Nothing to talk about.

* Incompetent MEDT management
* Failed Weedmaps clone that no one uses
* All other sources of revenue claimed to be part of MEDT are clearly bogus
* Some vague claims about entering the CBD market for the past year or two. Nothing to show for the PR claims.

Not a single bit of concrete evidence beyond the press releases themselves that MEDT is still alive.

The only thing interesting about this dead company is the wild and nutty claims about 'secret masterminds' behind the scenes make a few thousand dollars here and there thanks to a couple press releases over the past year.

There is a huge amount of money being thrown at cannabis companies - even startups with no viable short to mid term business models. The guys running MEDT have to be laughably incompetent to not be able to secure even a tiny bit of the hundreds of millions of dollars being thrown at cannabis companies right now.

This company is either going to die or a competent CEO is brought in to replace the screwup currently running MEDT. I don't see how that is possible with MEDT, though. If MEDT was a real stock with institutional shareholders the current management would have been dumped long ago.