Replies to post #65870 on MediaG3 (MDGC)

[k9painter]

just checking on the time line given by the company
BOISE, Idaho, Aug. 8, 2012 /PRNewswire/ -- MediaG3, Inc., (OTCPK: MDGC), a provider of wireless broadband Internet solutions today announced the company has signed a definitive agreement to acquire privately held, HEXA-2 Corporation for $70M in an all-stock transaction. The conversion price is set at $0.30 per share of MediaG3 stock.

Upon completion of its due diligence and conclusion of its final proceedings in the next 30 days, there will be announcements on reorganization and industry expansion strategies with solid pro-forma of revenue streams for the combined company.