Replies to post #64374 on MediaG3 (MDGC)

[Cassandra]

Bizarre supposed PR from HEXA-2 that has not been released on the newswires.

Typically the public company would make the announcement of an acquisition, not the private company being acquired. Since this supposed PR is not from MediaG3, it can't be relied upon. Also, a LOT of things it says don't make sense.

They've supposedly signed a definitive agreement but they haven't yet done due diligence or had "final proceedings???" It sounds more like a letter of intent (LOI).

Upon completion of its due diligence and conclusion of its final proceedings in the next 30 days ...

Also, MDGC is already maxed out on issuance of authorized stock. Even at the bizarrely inflated conversion price of $0.30, MediaG3 would need to issue 233,333,334 shares to buy HEXA-2 that it doesn't current have available in authorized shares.

It seems the stated purchase price was vastly inflated for PR purposes.

Again, a LOT of things about this supposed PR just don't make sense.

[sunrisewizard]

Very good news indeed. Go MDGC!!