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Thursday, May 03, 2012 1:20:54 PM
Additionally both FINRA and the SEC have received information regarding the false and misleading PRs and website as well as the bogus financials and unregistered, non-exempt private placement.
I believe is the reason for OTC Markets to issue a CE warning about MDGC is the following:
* Investigation of Fraud — There is a known investigation of fraudulent activity involving the company, its securities or insiders.
A trading suspension may come next. Not buying any more MDGC stock is certainly wise. Getting out may also prove to be a wise move.
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