MediaG3 Announces Shareholder Update, Completion of Financials
27 Agosto 2010 - 11:59AM
Marketwired
MediaG3, Inc. (PINKSHEETS: MDGC) is pleased
to announce the company has filed its financial statements for the
quarter ending June 30, 2010, as well as updated all Company
Information required by Pink Sheets. The company's SEC counsel will
submit independent legal opinions required to confirm the accuracy
of all information to be true and correct. Once this legal opinion
has been filed, MediaG3, Inc. will be "fully compliant" with Pink
Sheet regulation, lifting its "OTC Market Tier" from "limited" to
"current" information.
"We have gone to great lengths to bring the company's financials
into full compliance with Pink Sheets information disclosure rules,
including engaging new accountants and SEC attorneys to complete
this process," said Val Westergard, MediaG3 chairman-CEO.
Mr. Westergard continued, "With the financials completed, we are
now ready to move ahead with announcements, projects and
developments we have been working on the past several months. We
believe you will share in our excitement regarding upcoming
announcements. MediaG3's new Web Site and other materials are
scheduled to launch in September which will describe and explain
these in more detail."
About MediaG3, Inc. MediaG3 develops,
markets, and delivers broadband wireless technology products and
services for today's fixed and mobile customers. MediaG3 has five
US wireless technology patents. MediaG3 offers Internet access and
Internet telephone via fixed and WiMax mobile wireless throughout
the US, under the Imperial Wireless brand. MediaG3 will offer their
wireless broadband equipment, technology and technology licensing
under the Wytec and Wytec "Next Generation" brands. Wytec and
Imperial Wireless are wholly owned subsidiaries of MediaG3. MediaG3
headquartered in San Francisco, CA, has an office and a lab in
Boise Idaho. For more information, or to register to receive
updates, please visit their corporate site www.mediaG3.com.
Safe Harbor Act: This release may contain
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other unanticipated
circumstances.
Shareholder Relations: Gibraltan Financial 407.830.9777
daniel.baldridge@gibraltan.com
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