As dissapointed as you are in Docs post, why don't you scan through this PR and find ONE paragraph of truth written. Has anything stated in this, or any other PR actually happened ?
"I can personally confirm that many Entertainment Industry leaders have already shown substantial interest in our newest products including both DVCD and CDMX(TM), our CD enhancement technology, including Ripp Entertainment who has already pledged a substantial part of the revenue we anticipate booking this year," concludes Stoegbauer. "I have more confidence than ever that our customers, shareholders, employees and partners will soon witness a re-emergence of MediaMax products and services. MediaMax is back!"
"It is important to note that SunnComm remains committed to the MediaMax CD enhancement and copy protection technology. Copy protection initiatives outside the U.S. remain strong and represent about 60% of total sales. After becoming the most scrutinized copy protection software in the U.S. with no known security vulnerabilities, SunnComm is in a perfect position to capitalize on several of those international markets. Before the close of this year, SunnComm intends to make its new, consumer-friendly MediaMax 6.0 CD copy protection product the #1 choice of record labels throughout the world."
MediaMax Technology Corp. (OTCBB: MMXT) along with its technology partner, SunnComm International (PINKSHEETS: SCMI), has launched an aggressive sales and marketing campaign to promote several new products including OctiPod(TM) enhanced DVD, CD Enhancement and viral marketing technologies and All*Play(TM) technologies. "Response to our new product line has been nothing short of phenomenal," says MediaMax President Scott Stoegbauer. "Our new products have created interest within more than a dozen national corporations inside our target market segment and we expect to begin contract negotiations with several of them shortly. This targeted marketing effort and the associated realignment will be guided and expanded upon by a new interim management team."
"As I mentioned in my public comments back in July," Stoegbauer concluded, "during the past 8 months, we have sought to diversify our product offerings. This has been evident as we turn our focus toward products, services and development in less controversial sectors of the home entertainment industry. This process, as well as due diligence and continuing research, has resulted in several significant opportunities which I expect to capitalize on in the coming weeks."
"We are extremely excited about the opportunity that merging our resources under this proposed acquisition should afford us," says Mr. O'Brien. "We have been working so closely with the MediaMax development team over the last year that this transaction makes perfect sense because it closes the gap between sales and marketing in NY and the talented SunnComm International (PINKSHEETS: SCMI) technology team in Phoenix and also enables us to deliver a market-ready product to our clients in a lightning-quick time frame." InMOD has most recently launched its unique and innovative viral marketing solutions based on the SunnComm technologies to the entertainment industry at the NARM convention. "Response to our products has been phenomenal and we are now even better positioned to deliver on this demand in the immediate future."
This anticipated acquisition centralizes a wealth of consumer entertainment and lifestyle industry contacts, prospects and knowledge. Scott Stoegbauer, president of MediaMax Technology, points out, "Throughout this process Ross and his group, working closely with me and the team from SunnComm, continue to work toward closing several of the many sales opportunities that have been developed in recent months. In the short term, I look forward to the additional sales clout that bringing this additional seasoned talent on board will afford us and, in the long term, I appreciate the net savings that will be recognized by retiring the reseller agreement that was previously in place with InMOD. I have worked closely with this group and, having participated in joint sales calls, I believe that together we can accelerate the closing of more than a few of the pending sales that are currently on the table."
The Company has recently established that certain IP owned by SunnComm might be financially leveraged through proposed acquisitions by certain MediaMax technology partner(s). These assets coupled with anticipated major funding, the combined resources of the companies, the new management team and recently-announced alliances, together with their anticipated revenue streams are expected to greatly assist the merged company in its intended elevation to a major exchange."
SunnComm International Inc. (OTC: SCMI), the maker of MediaMax, announced today that it is set to deliver an array of new products, many of which have been created in consultation with the Company's major customers and industry contacts. Several of these new products have already been presented to several customers and prospects.
In exchange, it is anticipated that SunnComm will be empowered to solicit business directly, which sets the stage for an aggressive rollout of the new and improved MediaMax Version 6 in Europe and several exciting new products in the US.
"Next Week" Is Here -- The Tiger Is Quiet No Longer
MediaMax Technology's Board of Directors is currently reviewing the modified plan for the proposed merger, which is expected to become effective as soon as possible. Of course, audited consolidated financial statements from MediaMax Technology Corp. and SunnComm International, Inc will be included in the filing of an S-4 registration statement with the SEC. Much of this work was completed at the end of last year and has been kept current, so it is anticipated that completion of this requirement should not cause an unreasonable filing delay. As previously announced, the companies anticipate exchanging all outstanding SunnComm shares for MediaMax shares on a one for one (1:1) basis, subject to an independent fairness opinion.
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