Replies to post #67545 on MediaG3 (MDGC)

[Zoraida4370]

Byron Ryals was simply a reseller of two-way radios. Val Westergard was simply a reseller of Clearwire. Neither of these ventures are remarkable or stellar in regards to prerequisites for creating a wireless system so disruptive, that even actual tech research venues are steps behind it. There is nothing in the new board of directors that invokes confidence in MediaG3. Only real verifable existence of a system so awe-inspiring, a bidding war between real wireless companies would rock the tech world. If Val has such a great system, why isn't he out on Tablerock shouting to the world what he has? There is no office to sign up or phone service to call for the service that was stated as avaialable in a press release. That is a lie if one can not call or walkin to signup for service if the press release says it is true when it is not.

"It would be refreshing if you could post on the current news." What current news? This silly new board of directors? The fact that some very late taxes and fees were finally paid? The truth is, unless something verifiable is available for announcement, Westergard and cronies will not release anything because of the regulatory scrutiny on MediaG3 at this time. One more false press release would add fuel to the fire. The BOD press release was so innocuous that it hardly deemed worth mentioning.

[Sklauble]

I have a better idea; why don't you post on current news? Huge credibility for you here this being your 3rd post, not that there is any credibility anywhere on this deal. Give us all the latest updates of contracts signed, deployment, implementation, billing of clients and of course what those top line revenues might be for "company".

Save the "long and strong" and "I believe Val is going to deploy great new technology that's going to change the world" and all the other blog speak which has nothing of substance. You believe because that they are current on filings that it means something. Isn't that supposed to be assumed? How about customers, revenues? Just because they have revamped their executive "infrastructure" means nothing, and obviously has meant nothing.

Why aren't you buying here? Take advantage of the cheapies.

[CharlesNet]

Today's thought just for you
'those who laugh last-laugh best'

I hope to laugh all the way to the bank.

Long and Strong MDGC

[Cassandra]

I did some more research on Byron Ryals, the new CEO of MediaG3. He has a background as a missionary with the Navigators and served as the first director of The Lighthouse, which is a ministry of Cadence International for American servicemen and their families located in Yokosuka, Japan. He stared in 1953 and seems to have held that position until about 1969 when new directors were brought in.
http://cadencelighthouse.org/history/

I don't know what he did between that position and starting Ryals Communications Engineering. He has been and may still be very active with the Boise Jaycees and complied a book by the Jaycees about the Table Rock Cross, a large lighted cross on Table Rock mountain in Boise. http://www.tablerockcross.com.php53-27.dfw1-2.websitetestlink.com/pages/book/g1/book-table-rock-cross-boise-idaho-26.htm

Two years ago he led the effort to have the lights on the cross changed from fluorescent tubes to individual LED lights.
http://www.komonews.com/news/local/124690349.html

Ryals appears to be a devout Christian and I wonder if Val used a Christian affinity angle to influence him to invest in MDGC and become its CEO. Early in my participation here, I expressed my concern about there being a Christian affinity aspect in the way Val Westergard attempts to gain the confidence of investors. Indeed, that concern was the primary reason I decided to participate in the discussion.

After making the following post, an investor contacted me. We met in person over a long lunch and she admitted to me that she trusted Val because because of his apparent Christianity. Others have also communicated to me that Val used Christian talk to gain their trust.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57588588

When I spoke on the telephone with Val in Feb. last year, he told me that his real goal for MediaG3 was "to spread the gospel throughout the world." From this post I can tell I'm not the only one to whom he's made such comments. I recall reading posts about Val's humanitarian plans for the company on a private chat forum when I first heard about the stock.

Byron is likely well-regarded in the Christian community and the Boise community at large. Although he is not a logical choice to be the CEO of a publicly-traded tech stock, Val may believe that he can bring much-needed credibility to himself and to MediaG3. He may have trusted Val because of an apparent shared faith in God. I doubt he's had much experience with the fraud-filled world of penny stocks -- certainly not as an insider, so probably didn't have the skepticism most people would have given MediaG3's history.

IMO, Byron is probably another of Val Westergard's investor victims. Sadly, Byron agreed to sign the attestation form certifying the data and disclosure information in the annual report as accurate. Because there is so much misinformation and apparent financial fraud, that was unwise if he is a man of integrity as I sense. If there is ever regulatory action against the company, he could end up with some issues with the SEC or, at best, a stain on his good reputation.