Media Central Corp. FBOP

Media Central Corporation Inc. is an independent and alternative media company situated to acquire and develop high-quality publishing assets, starting with the recent launch of CannCentral.com, a robust news, lifestyle and community cannabis platform curated for the human experience. Our strategic corporate team is composed of publishing, technology and capital markets professionals who are poised to deliver high-quality content, strategy and substantive value across a number of platforms.

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Media Central Corp.

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Post by sicilian2on Apr 27, 2017 11:04am

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Post# 26173929

Update is all there & AAO developing a disruptive technolog?

Sales of EFM Corrosion Monitoring Systems

5 EFM systems were shipped to an oil and gas exploration and production company with assets and operations in North America, Africa, Europe and South America for $420 during 2016. Two of these systems have been installed in the first quarter of 2017 while the remaining are expected to be installed in the second and third quarters of 2017.

The Company has been working closely with engineering firms and major oil and gas companies in the Middle East, England, in addition to all the major Canadian companies. There have been increased interest the Company’s products from a number of overseas markets including India and the UK. The Company entered into a contract in 2016 with a company in the U.K. for the supply of a custom built EFM system. This system was shipped out in the first quarter of 2017 and expected to be installed in the second quarter of 2017.

In 2015, the Company and Mitsubishi entered into the Agreement in an attempt to better understand how the Company and Mitsubishi can work together to support the efforts of Mitsubishi. In April 2016, the Company and Mitsubishi have identified a specific application for the use of the Company’s technology and has commence on the development of a monitoring system to be deployed and used by Mitsubishi in their exclusive markets.
2) DMAT Platform

The Company continues to enhance the DMAT platform (Data Management and Analysis Tool). Response from customers utilizing the DMAT service has been very positive. For DMAT, the revenue stream is guaranteed when a customer acquires the hardware. Negotiations are underway on re-pricing the DMAT services and it is expected DMAT revenue will exceed $450 in 2017.

3) FBG Systems

The Company has seen increased interests for a number of FBG systems both internationally and in Canada and we are working on a number of bids.

The Company has embarked with a major partner to develop a new optical sensing sensor. Phase one, consisting of the validation of the pre-commercial sensors, should be accomplished by the end of 2017.

4) Leak Detection Technology

The Company is in the process of partnering up with a large European provider of leak detection technology. This technology has the potential of becoming a disrupting technology within the oil and gas sector due to its ability to detect minute amounts of volatile organic compounds in hydrocarbon leaks. Due to the nature of the technology, it will likely have fewer false alerts unlike a number of competing technologies.