Protagenic Therapeutics Inc. (PTIX): This is what I think happened with Media...

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Re: fouroheight68 post# 73641

Wednesday, 03/21/2012 12:09:48 AM

Wednesday, March 21, 2012 12:09:48 AM

This is what I think happened with Media Exchange Group and Intellicell:

Media Exchange Group was in SERIOUS financial trouble. Read last years 10k - they had NO cash on hand, and needed financing/merger/buyout in the next 12 months to stay afloat.

In came Stuart Goldfarb in May. Why Goldfarb? He has a proven track record of managing media companies. He successfully negotiated the merger where Intellicell acquired Media Exchange Group. Why? I believe they wanted to go public and acquiring a public company was the easisest path forward. Once the merger was complete, Goldfarb left in Janurary.

What story does this sound like?

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