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Replies to #62775 on MediaG3 (MDGC)
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choateandharvard

05/25/12 10:28 AM

#62776 RE: Hardwood #62775

you surely can not be amazed? MDGC has no product, no office, no employees, a CE, a SKULL&CROSSBONES, is not registered in Delaware, and SEC is probably going to act like they did with IDCN. why would anyone be surprised its going to .ooooooooooooooooooooooo. the lies the conspirators told to select
owners of the stock 2 weeks ago was a total sham and now its time to have Val and the whole crew indicted for fraud, which 100% this is. A DILUTION SCAM CRIMINAL ENTERPRISE
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Cassandra

05/25/12 11:29 AM

#62778 RE: Hardwood #62775

The 2011 MediaG3 Annual Report certainly didn't inspire confidence. IMO, it was even more false and misleading than the previous financial and disclosure reports submitted by Val Westergard.

Instead of being more transparent, Val Westergard added extensive verbage about operating subsidiaries in China, all currency being in Renminbi and various risk factors of operating in China copied directly from the 10QSB for QE 9/30/2007. These statements, which had not been contained in any of the previous financial and disclosure reports submitted by Val Westergard, are all false and were clearly meant to deceive or confuse investors.

IMO, despite the Caveat Emptor warning, Val Westergard continues to commit financial fraud.

The run on no news brought in new investors to MDGC. It's understandable if they are running for the exits after seeing the mess of an annual report.

It's also possible that the unexplained run was planned by insiders with stock to dump and that they continue to dump new shares into the float.