MediaTechnics Corp (MEDT)

[super_penny]

MEDT news highlights

LA Jet has stated that it had revenues in excess of $3,000,000 during the last twelve months and operated with a margin of approximately 12%.

The terms of the agreement call for the payment of 5 million MEDT common stock shares as well as MEDT preferred stock, with an agreed value of $900,000, convertible to 18,000,000 shares of MEDT common stock, after one year,

Noble expects that business already scheduled for the last two months of 2011 should generate revenues of approximately $500,000.


In further news, the Company wishes to clarify that its purchase of Clean Energy Production Company last week was concluded under similar terms, with preferred stock that is convertible to Common at Five Cents ($0.05) per share as well,


Finally, the company is currently preparing its September 30, 2011