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Re: mrfence post# 965

Thursday, 04/19/2007 10:46:14 PM

Thursday, April 19, 2007 10:46:14 PM

Post# of 22599
****SUNNGRAM****



All the in-house work on the MediaMax Technology Corp. 10-K has been completed and is pending the formal Audit by Semple & Cooper, LLP. Unfortunately, according to SEC regulations, the auditors cannot begin work for this year until they receive all the monies due on the previous year's audit. The planned source of funds for those payments is the initial financing resulting from a pending MediaMax transaction, now in its final stage. Due to this unavoidable delay, the Company could receive an "E" following its stock symbol on or about April 20th.

The resources and expense required to prepare the financials and other reports required by the Sarbanes-Oxley Act has proven to be particularly cumbersome for MediaMax Technology during this time of transition and due entirely from a lack of funds and alternative capital resources. This is especially frustrating considering there has been little or no revenue to report during this period.

Consequently, MediaMax has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock from the OTCBB under the Securities Exchange Act of 1934. The Company's stock will continue to be quoted on the OTC:Pink Sheets rather than appear on both the OTC:BB and the OTC:Pinks simultaneously ( http://www.pinksheets.com/quote/quote.jsp?symbol=mmxt ).

Scott Stoegbauer, president of MediaMax Technology Corp. believes that the deregistration will have little effect on the ongoing accessibility and trading of MediaMax's common stock We plan this shift as a temporary measure and, during this period, MediaMax intends to continue to update its stockholders with information about the Company and to continue filing reviewed Quarterly and audited Annual Reports.

Stoegbauer emphasized, "After carefully considering the advantages and disadvantages of continued registration, MediaMax believes that shareholders will benefit by an increasing long-term shareholder value. This action will result in substantial accounting, legal and administrative expense reductions and allow MediaMax Technology's management to focus its full attention, efforts and resources on the immediate task at hand - growing our Company, rather than burdening it at this time with the disproportionate expense associated with the Sarbanes-Oxley requirements..."

For additional information or clarification please call Investor Relations at: 602-231-0681