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02/17/13 5:44 PM

#2050 RE: 236T568 #2049

Email to OTC Markets about MDBX.......

to: Brandon Ferguson <brandon@otcmarkets.com>
date: Sun, Feb 17, 2013 at 5:39 PM
subject: MDBX Balance Sheet Question

Hello Brandon,

Hope all is well.

I was alerted in a public forum about "alleged" unlawful activity by MDBX in their annual report filed last week. The supplemental info showed MDBX has preferred shares outstanding that they didn't list on their balance sheet. From the supplemental info filed just last week:

Common Stock, $.001 par value, 100,000,000 shares authorized, 14,313,572 shares issued and
outstanding as of December 31, 2012.
Preferred Stock, $.001 par value, 10,000,000 shares authorized, 10,000,000 shares designated as
Series A Preferred, 3,000,000 shares issued and outstanding as of December 31, 2012.
CUSIP: 58405D 100
Symbol: MDBX

http://www.otcmarkets.com/financialReportViewer?symbol=MDBX&id=99387

Again, the balance sheet doesn't list the preferred shares.

http://www.otcmarkets.com/financialReportViewer?symbol=MDBX&id=99175

Is this a violation of what is required?


As always.....thanks for your time,

xxxx xxxx


FYI....he will be out of the office through Tuesday according to the auto-reply.

Sun, Feb 17, 2013 at 5:39 PM
subject: Automatic reply: MDBX Balance Sheet Question
mailed-by: mbox1.pinkotc.com

I will be out of the office with very limited access to email through Tuesday, February 19th. If you need immediate assistance, please email issuers@otcmarkets.com or call 212.896.4420.