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Re: clec post# 41004

Sunday, 11/07/2010 10:24:48 AM

Sunday, November 07, 2010 10:24:48 AM

Post# of 72136
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