MediaG3, Inc. (OTCPK:MDGC) signed a definitive agreement to acquire HEXA 2 Corporation for $70 million in stock on August 7, 2012. Upon completion of due diligence and conclusion of 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. Subsequently, MediaG3 intends to change its name and apply for a new CUSIP number and trading symbol. Also, the combined companies shall undergo a third party valuation followed by audit to qualify the company for listing on OTC: BB or NASDAQ small cap markets.

On October 16, 2012, Media G3 (Symbol: MDGC.PK) announced delay on completion of its definitive agreement until MDGC share value reaches $0.30 as originally intended in the definitive agreement.