MediaG3 (MDGC)

[colemano]

Snippets from MDGC's Initial Company Information and Disclosure Statement that I liked:

The mg3 wireless system can be customized to operate on customer radio frequencies between 24 GHz and 43 GHz. The mg3 wireless LMDS system has been developed for China’s 26 GHz. frequency band, which carries the distinction of being the only LMDS system approved via rigorous network testing in China’s laboratories and field trials and awarded a network access license in May 2005. Further, mg3 wireless has developed the only system that operates at the new European frequency band of 43 GHz.

mg3 wireless has gone through a successful live field test for two years and has been accepted by the Philippines government and broadband operators. The technology and product have also been approved by the Philippines President and Prime Minister for nationwide implementation.

mg3 wireless has completed a two year system trial in China and has been certified by State Administration of Radio, Film and Television (SARFT). We have also received three network certifications, which make selling and implementing mg3 wireless in China possible.

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Our broadband wireless product, mg3 wireless, has unique technologies protected by five US patents, one European patent and one Chinese patent and three very critical network certifications for operations in China. mg3 wireless operates on the highest commercially available portion of the frequency spectrum, providing one-to-many connectivity, allowing people residing in China’s rural areas to receive interactive TV programs and broadband Internet access.

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Our broadband wireless system, mg3wireless, is a bi-directional broadband system that is highly effective, economical and scalable for vast areas where lack of fixed or wireless infrastructure prevails. mg3 wireless can be customized to operate on a specific radio frequency anywhere between 24GHz and 43GHz, and broadcasts point-to-multipoint with 90 degree coverage per sector at up to 100MB downstream and 80MB upstream speeds.

We are also in discussions with Chinese government agencies in charge of telecommunication to use these advanced broadband wireless products in their “Rural Coverage” project to provide two-way high speed Internet and television coverage to rural areas, where 80%, or 900 million, of Chinese reside. We are finalizing negotiations of a frame supply contract with BusinessCorp Services Incorporation, a large Philippines broadband wireless integrator, to supply up to $10 million of our broadband wireless systems. We are also in the final stage of negotiations for additional broadband wireless contracts with another Philippines company. To date, however, we have not entered into any agreements or understandings with any of these companies.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=41645