MediaG3 (MDGC)

[jbsliverer]

Well there you are all in the nutshell. Sounds like a form of dilution to me. Put with all the manipulative pps action as of lately on no public disclosure with nothing substantial or fundamentally validated and nothing but years of dubious statements from the company that have never panned out or officially verified, it's pretty much obvious.

We have a black scull at the OTC Markets (no, those don't get put on just because some financial is late or erroneous) and the SEC having the stock on their books who informs the DTCC of unregistered, non-exempt shares coming into the market (confirming dubious dilution), who then doesn't want to give certain services to MDGC.

And TDA has already made the policy of not dealing with any stock with problems getting any services from the DTCC. Good for them and the bottom line, good for TDA's customers. There sure is a very large array of other stocks besides problem child MDGC to trade or invest with.

It's called run, not walk away from this garbage stock, it just a folly ready to happen.

I called the DTCC back with the full CUSIP number of 58448D109 and learned that MDGC is indeed non DTC FAST-eligible. The only service suspended ("chilled') is the deposit of new certificates due to a concern they were notified about by the SEC about unregistered, non-exempt shares entering the market.

This only means that holders of new (dilution) shares who wish to sell can't do so by depositing their certificates with DTCC-affiliated brokers. However there are many non DTCC-affiliated brokers that self-clear and could be used for deposit of new (dilution shares). It also means that the DTCC charges higher fees to its affiliates brokers for settlement and clearance of MDGC stock.

I was also told that TDA is self-clearing and not an affiliate of the DTCC. TDA is apparently restricting the purchase of MDCG stock because they don't want to undergo the expense and hassle of settling buys with physical certs.