Media Central Corp. FBOP

RE:From Agora

[saint19]

Great info, thanks for sharing. One question:

"This is assuming distribution of 100% of the shares. There is a great possibility that some of the shares will remain in Augusta and indirectly will by owned by the shareholders of Augusta."

What's the implication of this? Not sure what does 'indirectly' refer to? Would the return be automatically deposited into those 'indirect' investment account?

"This will all depend on how much we can distribute as return of Capital to the shareholders. We are going thru return of Capital rather than dividend back the share to the shareholders since this distribution method is not taxable."

maxoom wrote: Question:

Hi There,

There seems to be some confusion and not enough information to understand the true value the Spin-Out of Fox-Tex has to its current shareholders.

It would be helpful if this can be further explained in this forum or in a follow-up NR as would have expected the stock price to appreciate more then it has since the Press Release.

I am looking for details on how many shares and at what price the shareholders will receive in the new entity and how this will now affect the AAO shares with only Marcon revenue to be reported.

Answer:

Dear angel23,

Thank you for your inquiry. The following response was provided by management:

Each shareholder can receive upto $0.50 cents of Sensor Technologies Inc shares for every 5 shares of Augusta shares (Aprrox)

So if you Own  10,000 shares of Augusta (Value today at $400) you will receive 2,000 shares of Sensor Technologies share (Value of $1,000.00)

This is assuming distribution of 100% of the shares. There is a great possibility that some of the shares will remain in Augusta and indirectly will by owned by the shareholders of Augusta.

This will all depend on how much we can distribute as return of Capital to the shareholders. We are going thru return of Capital rather than dividend back the share to the shareholders since this distribution method is not taxable.

Augusta's Value prior to the distribution and the spin out is the Value of the 100% Proposed Sensor Technologies Shares (Arrpx 10 cents) Plus the value of Marcon International, which according to last years sales of $3.8 Mil has a value of $3.8 Mil x (A multiple "x)  worth a significant value

The proposal to Augusta shareholders would result in the sale of Fox-Tek to Sensor Tech

We will distribute  all or a large portion of the Sensor Shares to the Augusta shareholders on a pro-rata basis.

The Corporation will establish a record date 

This  will establish the Corporation's shareholders who will be entitled to receive the Sensor Shares 

Adequate advance notice of the effective date of the transaction and the Share Distribution Record Date will be provided in due course.

Those holder that will own the shares at that record date will receive share in Sensor Technologies, those who choose to sell will not get shares in the Spin out.

I hope this explains the transaction.

Thanks