Madison Systems Inc (CE) (MADI) Quote

Anyone know what's going on with this?

Yes the sellers are having lots of fun!

Anything fun going on here?

https://twitter.com/TbBagger/status/1516427225075232771

Back to Expert they probably want an AL is this a reverse merger play?

"CEO confirms they have OTC access for the June 30th deadline. Will "file a mini return shortly" and will meet the Sept. final filing deadline. "

https://twitter.com/IcedTrader/status/1408070784782725122

Nice day today for MADI

MADI SECURITY DETAILS
Share Structure

Market Cap Market Cap
4,016,136
06/21/2021
Authorized Shares
50,000,000
06/21/2021
Outstanding Shares
40,161,361
06/21/2021
Restricted
31,826,061
06/21/2021
Unrestricted
8,335,300
06/21/2021
Held at DTC
6,599,442
06/21/2021
Float
7,095,541
06/01/2013

"MADI fillings will be completed shortly to up-list off OTC Pink"

very low float

https://www.otcmarkets.com/stock/MADI/profile

When will market makers get caught with illegal wash trades

Sigh

Where did you see that?

They just filled 10k .11s and I had a open bid didn’t fill explain that

See if it can break yesterday’s high I think .16ish

Definitely worth keeping an eye on

Agreed on that ... this is under the radar and once it gets out and that it is real... with this amazing share structure , will take off like a rocket, first stage already , after burner coming up .
--
OTC Markets Profile just updated and verified.
--
check SS here
--
https://www.otcmarkets.com/stock/MADI/security
--
Disclosures coming right around the corner , see news out this past month.

Seems MADI is ready for another big move

https://www.prnewswire.com/news-releases/madison-systems-incstanmac-broadband-inc-launches-patented-high-speed-broadband-technology-301267406.html

Ghost Town round here , kinda eerie the last communication was on 10-02-18 ...,where'd all the people go lol.

nice sounding news

$MADI: NEWS.... Stamac Broadband Acquisition.


Madison Systems Inc. Announces A Letter Of Intent To Acquire Stanmac Broadband Inc. MADIFont size: A | A | A
10:06 AM ET 10/2/18 | Dow Jones
RELATED QUOTES


10:13 AM ET 10/2/18
Symbol Last % Chg
MADI
0.03 73.33%
Real time quote.

Madison Systems Inc. Announces A Letter Of Intent To Acquire Stanmac Broadband Inc. >MADI





(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)

October 02, 2018 10:06 ET (14:06 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.



Press Release: Madison Systems Inc. Announces a Letter of Intent to Acquire Stanmac Broadband Inc.





Madison Systems Inc. Announces a Letter of Intent to Acquire Stanmac Broadband Inc.

PR Newswire

TORONTO, Oct. 2, 2018

TORONTO, Oct. 2, 2018 /PRNewswire/ - Madison Systems Inc. (MADI) is pleased to announce that the company has entered into a Binding Letter of Intent (The "LOI") to acquire 100% of the outstanding shares of Stanmac Broadband Inc. (SBI), a private Canadian Corporation Registered under the laws of Ontario, Canada, in exchange for Common Restricted Shares of MADI (The "Acquisition").

Stanmac Broadband Inc., is a privately held company incorporated in the Province of Ontario, on Jan 16th, 2008 and licensed in the telecommunication industry, specializing in building systems too supply, Internet, IPTV, VoIP and Security services. SBI has a licensing agreement with First Broadband Group (FBG) ( www.firstbroadbandgroup.com ) located in Vancouver B.C. FBG has proprietary technology that can send an aggressive signal through the Ultra High Frequency (UHF) Spectrum enabling signal transmission to a larger reception area; faster speeds, less interference and 99.99% uptime as opposed to current line of sight technology.

SBI has a licensing agreement with the Canada Broadcasting Corporation (CBC), which has approximately 500 towers across Canada. SBI has a permit from Innovation Sciences and Economic Development Canada (ISED) to build systems in the Southern Ontario District of North Bay, encompassing approximately 5,000 square kilometers. With this permit, SBI can supply a telecommunications signal to the underserved businesses, private subscribers and government agencies located in this region.

MADI plans to file its full disclosure following the OTC Markets Basic Disclosure Guidelines to qualify for the OTC Pink and then the Bulletin Board listing.

Madison Systems Inc.'s Board of Directors also announces the addition of a new Director and Chief Financial Officer, Iain Clinton, CPA, CA. Mr. Clinton has 30 years of experience in the accounting field of Financial and Operational Management, including developing Corporate Governance, New Business Ventures and Regulatory Compliance.

Madison Systems Inc. (MADI)

Don McNally.

President/CEO

This press release may include forward-looking information within the meaning of the OTC Markets Pink Guidelines, concerning the business and trading in the common stock of Madison Systems Inc. Such information is based on assumptions made by the company's management. Although the company believes these assumptions are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove correct. These forward looking statements are made as of the date of the press release and the company disclaims any obligation to update publicly any forward-looking information, other than required by the applicable securities law.

The OTC Markets has not reviewed, approved or disapproved the content of this press release.

View original content:www.prnewswire.com/news-releases/madison-systems-inc-announces-a-letter-of-intent-to-acquire-stanmac-broadband-inc-300722810.html

SOURCE Madison Systems Inc.

/CONTACT: please call Art Burns, PR, Madison Systems Inc. at 1-905-715-2008 or E-Mail: info@madisonsystemsinc.com



> Dow Jones Newswires

October 02, 2018 10:15 ET (14:15 GMT)



Press Release: Madison Systems Inc. Announces a Letter of Intent to Acquire Stanmac Broadband Inc.





Madison Systems Inc. Announces a Letter of Intent to Acquire Stanmac Broadband Inc.

PR Newswire

TORONTO, Oct. 2, 2018

TORONTO, Oct. 2, 2018 /PRNewswire/ - Madison Systems Inc. (MADI) is pleased to announce that the company has entered into a Binding Letter of Intent (The "LOI") to acquire 100% of the outstanding shares of Stanmac Broadband Inc. (SBI), a private Canadian Corporation Registered under the laws of Ontario, Canada, in exchange for Common Restricted Shares of MADI (The "Acquisition").

Stanmac Broadband Inc., is a privately held company incorporated in the Province of Ontario, on Jan 16th, 2008 and licensed in the telecommunication industry, specializing in building systems too supply, Internet, IPTV, VoIP and Security services. SBI has a licensing agreement with First Broadband Group (FBG) ( www.firstbroadbandgroup.com ) located in Vancouver B.C. FBG has proprietary technology that can send an aggressive signal through the Ultra High Frequency (UHF) Spectrum enabling signal transmission to a larger reception area; faster speeds, less interference and 99.99% uptime as opposed to current line of sight technology.

SBI has a licensing agreement with the Canada Broadcasting Corporation (CBC), which has approximately 500 towers across Canada. SBI has a permit from Innovation Sciences and Economic Development Canada (ISED) to build systems in the Southern Ontario District of North Bay, encompassing approximately 5,000 square kilometers. With this permit, SBI can supply a telecommunications signal to the underserved businesses, private subscribers and government agencies located in this region.

MADI plans to file its full disclosure following the OTC Markets Basic Disclosure Guidelines to qualify for the OTC Pink and then the Bulletin Board listing.

Madison Systems Inc.'s Board of Directors also announces the addition of a new Director and Chief Financial Officer, Iain Clinton, CPA, CA. Mr. Clinton has 30 years of experience in the accounting field of Financial and Operational Management, including developing Corporate Governance, New Business Ventures and Regulatory Compliance.

Madison Systems Inc. (MADI)

Don McNally.

President/CEO

This press release may include forward-looking information within the meaning of the OTC Markets Pink Guidelines, concerning the business and trading in the common stock of Madison Systems Inc. Such information is based on assumptions made by the company's management. Although the company believes these assumptions are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove correct. These forward looking statements are made as of the date of the press release and the company disclaims any obligation to update publicly any forward-looking information, other than required by the applicable securities law.

The OTC Markets has not reviewed, approved or disapproved the content of this press release.

View original content:http://www.prnewswire.com/news-releases/madison-systems-inc-announces-a-letter-of-intent-to-acquire-stanmac-broadband-inc-300722810.html

SOURCE Madison Systems Inc.

/CONTACT: please call Art Burns, PR, Madison Systems Inc. at 1-905-715-2008 or E-Mail: info@madisonsystemsinc.com



> Dow Jones Newswires

October 02, 2018 10:15 ET (14:15 GMT)

This is probably a scam. Somebody is testing the waters or to keep the stock alive. Its that McNally guy? Hes not even allowed to trade.

I wouldn't be too excited about that temporary boom.

It isn't unusual for a reverse split to follow the reinstatement of a dormant ticker like MADI

Who are the market makers involved?

Any updates here?

Looking good here

You did not explain what is going on. Please disclose who was involved in the reverse merger if you know.

That reply was assumed you were on pge* board. I have explained clearly what is going on here. Read my post below.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=120677613

Please disclose who these people are.

There are many people putting the deal together. It's a win-win situation for everyone.

Mergers are only as good as the people who put the deals together. Who put the merger together here?

Reinstatements occur isn't a sign of Merges going on. Entity will need to reinstate before filing merger

Reinstatements:
Being out of good standing (or non-compliant) can actually have severe consequences including the forfeiture of corporate veil protections and other benefits. In fact within specified time frames, states will often revoke your authority to transact business or even administratively dissolve your company. When a company is in such a status and elects to reestablish good legal standing they must file a "Reinstatement" sometimes referred to as a "Revival". This process involves determining and processing past due annual reports, unpaid taxes, and any related penalties.

MERGE:
A corporation must follow statutory procedures in order to effect a merger, consolidation, or share exchange.

The first step is for the board of directors of the corporation to approve the plan of merger, consolidation, or share exchange. The plan must set forth the terms and conditions of the proposed transaction.

After the board of directors approves the plan, it generally has to be submitted to the corporation’s shareholders for their approval. The shareholders of a merged or consolidating corporation must always approve. The shareholders of the corporation that survives a merger must approve if the merger will significantly affect their ownership interests. A share exchange must be approved by the shareholders of the corporation whose shares are being exchanged Most statutes provide that a majority vote is needed to approve a merger, consolidation, or share exchange, unless otherwise provided in the articles of incorporation.

After shareholder approval has been obtained, articles of merger, consolidation, or share exchange must be filed with the appropriate state official. The state’s corporation law will set forth the information the articles must contain. Generally, the articles must either contain the plan of merger, consolidation, or share exchange or state that the plan is being kept at an office of the survivor and include the address and a statement that it will be made available to shareholders of the constituents. The articles also generally include the number of shares entitled to vote, and the number of votes cast for and against the plan.

The states will file the articles if they meet the statutory requirements and all fees have been paid. Depending on the state, the transaction becomes effective when the articles are filed or when a certificate of merger, consolidation, or share exchange is issued. Most states also allow a delayed effective date to be set forth in the plan or articles.
https://ct.wolterskluwer.com/resource-center/articles/mergers-consolidations-and-share-exchanges

https://www.getincnow.com/Reinstate-a-Dissolved-Company.php

You are truly clueless. This had less volume in the last 12 months than it did yesterday. There was no frontloading. It ran on the reinstatement...they all pop for one day like that and then retrace. Almost anyone who bought this yesterday over a penny was a fool.

True, no volume to suggest any pre loading at all.

Please identify the MADI team and who handled the reverse merger.

Previous volume doesn't look like this is obviously preloaded like most.

Question is when will the preloaded MADI team be starting the DUMP ?

When they do it is dog eat dog between them to the Exits

Who is doing the IR on this?

What was the close today?

Is this company current on OTC Pink?

Anyone have the float on this ticker?

Suddenly this ticker is back from the dead. Anyone know the history.

50% chance R/S comes after reinstatement

MADI .022 up again

we got some absolutely crazy traders these days with zero patience, just unreal

like clockwork

MADI back to .02 BAM!!!!

Some idiot prolly did a market order

MADI .02

MADI .015 right back up

I'm jealous of whoever got em. Passed right by my bid to fill that.