MediaG3 (MDGC)

[Cassandra]

If the SS numbers are correct, then it appears that Westergard is not using stock to fund the company. As of September 30, 2010, MDGC had only $65.00 in the bank.

Being that MDGC has no source of revenue, how can the company be doing all of these great things Westergard claims?

How could he pay for all of this development, testing, hiring a national sales force, paying for manufacturing of phones, advertsing, becoming fully reporting, etc. if the company has no money?

I suspect that Westergard works from his home, reading this message board, creating websites with photoshopped images and coming up with new concepts to keep longs invested, but that it's really all just smoke and mirrors.

He supposedly owns a significant number of shares, but no one knows if he's been doing some of the selling.

There are so many red flags with this company. Investors should be very cautious. This could turn out very bad.