Media Central Amends Warrants
Toronto, Ontario--(Newsfile Corp. - March 15, 2021) - Media Central Capital Corporation (CSE: FLYY) (FSE: 3AT) (the "Corporation") announces its intention to amend the term and exercise price of the warrants issued in April and July 2019April 2019 Warrants117,500,000 warrants issued as part of a private placement which closed on April 2, 2019 (the "April Warrants"). Under the current terms, each April Warrant can be exercised until 5:00 p.m. on April 2, 2021 at an exercise price of $0.10.The...
2021-03-15 3:41 PM EDT
Media Central Announces Debt Conversion
Toronto, Ontario--(Newsfile Corp. - January 15, 2021) - Media Central Capital Corporation (the "Corporation") is pleased to announce that it has negotiated various debt conversion agreements (collectively, the "Debt Agreements") with five (5) creditors (collectively, the "Creditors") of which four (4) are arm's length parties to the Corporation and one (1) is a non-arm's length party as he is a director and/or officer of the Corporation.Pursuant to the terms of the Debt Agreements, the...
2021-01-15 2:57 PM EST
Media Central Announces Cancellation of Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - November 25, 2020) - Media Central Corporation Inc. ("Media Central" or the "Corporation") announced today the cancellation of the special meeting of shareholders of the Corporation (the "Meeting"), scheduled for December 30, 2020.Cancellation of the MeetingThe Meeting was announced further to a requisition (the "Requisition") submitted by certain shareholders of the Corporation (the "Concerned Shareholders"), in order to change the board of directors (the...
2020-11-25 7:03 PM EST
Media Central Announces Changes to Senior Management and Board
Toronto, Ontario--(Newsfile Corp. - November 19, 2020) - Media Central Corporation Inc. ("Media Central" or the "Corporation") announced today: (i) the appointment to the Corporation's Board of Directors (the "Board") of three new directors, (ii) the resignation of the four incumbent directors and (iii) the resignation of Media Central's Chief Executive Officer and interim Chief Financial Officer.The following individuals have been appointed to the Board:David Daniels: David Daniels is a...
2020-11-19 5:11 PM EST
MediaCentral CFO Resigns
Toronto, Ontario--(Newsfile Corp. - November 10, 2020) - Media Central Corporation Inc. (CSE: FLYY), (FSE: 3AT) ("MediaCentral" or the "Company") announces that Rodney Davis, CPA has resigned from his position as chief financial officer ("CFO"), effective immediately. The Company wishes to thank Mr. Davis for his numerous contributions in the development of MediaCentral and wishes him well in his future endeavors.Mr. Igor Kostioutchenko, CPA, CA, CD, CFE, CIA, LPA will act as the interim CFO...
2020-11-10 8:28 AM EST
Media Central Sets Date for Special Shareholder Meeting
Toronto, Ontario--(Newsfile Corp. - October 29, 2020) - Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) ("Media Central" or the "Company") announces the date for a Special Meeting of Shareholders (the "Meeting") as December 30, 2020. Following receipt of a shareholder requisition for a special meeting (See press release dated October 15, 2020), the Company has directed its transfer agent to file a Notice of Record and Meeting Dates with the relevant regulators and the Canadian...
2020-10-29 5:57 PM EDT
MediaCentral and Varipay Terminate Letter of Intent
Toronto, Ontario--(Newsfile Corp. - October 16, 2020) - Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) ("MediaCentral" or the "Company") announces that on October 13, 2020, the Company and Varipay Inc. ("VP" or "Varipay") have mutually agreed to not proceed with the Letter of Intent ("LOI") as press released on October 2, 2020 (See Press Release Dated October 2nd, 2020). The LOI contained a number of conditions that MediaCentral and Varipay had agreed to. The Company was...
2020-10-16 7:45 AM EDT
MediaCentral Receives Requisition for Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - October 15, 2020) - Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) ("MediaCentral" or the "Company") announces that it has received a request from certain minority shareholders to hold a special meeting of shareholders pursuant to subsection 105(1) of the Business Corporations Act (Ontario) (the "Meeting"). The stated intention of the Meeting is to replace the Company's current Board of Directors. MediaCentral is currently reviewing the requisition...
2020-10-15 7:00 PM EDT
Media Central Corporation Inc. Issues Shares for Debt
Toronto, Ontario--(Newsfile Corp. - July 17, 2020) - Media Central Corporation Inc. (CSE: FLYY) (FSE:3AT) ("MediaCentral" or the "Company") reports that its Board of Directors has approved the settlement of $98,275 of debt through the issuance of common shares of the Company (the "Debt Settlement"). Pursuant to the Debt Settlement, MediaCentral will issue 2,456,875 common shares of the Company (the "Shares") at a deemed price of $0.04 per Share to certain creditors ("Creditors") of the...
2020-07-17 6:00 PM EDT
Media Central Announces 2020 AGM Results
Toronto, Ontario--(Newsfile Corp. - July 8, 2020) - Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) ("MediaCentral" or the "Company") today announced the results of voting at its Annual General & Special Meeting of shareholders which was held today in Toronto, Ontario (the "Meeting"). Company matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Management Information Circular, both dated May 22, 2020, were approved by the requisite majority of...
2020-07-08 5:41 PM EDT
Media Central Corporation Inc. Issues Shares & Options and Announces Warrants Expiry Date Extension
Toronto, Ontario--(Newsfile Corp. - May 12, 2020) - Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) ("MediaCentral" or the "Company") reports that its Board of Directors has approved the settlement of $90,400 of debt through the issuance of common shares of the Company (the "Debt Settlement"). Pursuant to the Debt Settlement, MediaCentral will issue 1,205,333 common shares of the Company (the "Shares") at a deemed price of $0.075 per Share to certain creditors ("Creditors") of the...
2020-05-12 6:00 PM EDT
Media Central Reports on Financial Results for the Year Ended December 31, 2019
Toronto, Ontario--(Newsfile Corp. - May 8, 2020) - Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) ("Media Central" or the "Company" or "we" or "us") today released full year financial statements and Management Discussion & Analysis for the 2019 year, ending December 31, 2019. Investors are cautioned against inferring future financial results on the basis of the 2019 results as the Company's two significant operational assets will only be fully reflected in the second quarter 2020...
2020-05-08 5:30 PM EDT
MediaCentral Announces a Delay in Its 2019 Financial Filings
Toronto, Ontario--(Newsfile Corp. - April 29, 2020) - Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) ("MediaCentral" or the "Company") announces that practical constraints resulting from the Covid-19 pandemic have impacted the ability of the Company and its auditors to finalise the 2019 year-end audit prior to April 29, 2020. In response to the global Covid-19 pandemic, securities regulatory authorities in Canada have granted blanket exemptions allowing companies up to an additional 45...
2020-04-29 4:21 PM EDT
Media Central Corporation Inc. Issues Shares & Options and Announces Change of Auditor
Toronto, Ontario--(Newsfile Corp. - April 3, 2020) - Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) ("MediaCentral" or the "Company") reports that its Board of Directors has approved the settlement of $180,800 of debt through the issuance of common shares of the Company (the "Debt Settlement"). Pursuant to the Debt Settlement, MediaCentral will issue 3,616,000 common shares of the Company (the "Shares") at a deemed price of $0.05 per Share to certain creditors ("Creditors") of the...
2020-04-03 6:45 PM EDT
MediaCentral Continues Monetizing Its Digital Assets with Launch of Affiliate Marketing Program
Boosts revenues across all MediaCentral digital titlesLeverages MediaCentral's 4.5 million monthly digital readersMediaCentral gains access to Largest Retail Affiliate Marketing ProgramToronto, Ontario--(Newsfile Corp. - March 24, 2020) - Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) ("MediaCentral" or the "Company") is pleased to announce the launch of its Affiliate Marketing Program (the "Affiliate Program") as a new digital sales channel across all three of the Company's major...
2020-03-24 8:31 AM EDT
Media Central Corporation Inc. Completes Shares for Debt Transaction
Toronto, Ontario--(Newsfile Corp. - January 31, 2020) - Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) ("MediaCentral" or the "Company") reports that its Board of Directors has approved the settlement of $271,200 in aggregate of debt through the issuance of common shares of the Company (the "Debt Settlement"). Pursuant to the Debt Settlement, MediaCentral would issue 3,190,588 common shares of the Company (the "Shares") at a deemed price of $0.085 per Share to certain creditors...
2020-01-31 5:00 PM EST
MediaCentral Appoints Media and Publishing Veteran as Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - January 8, 2020) - Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) ("MediaCentral" or the "Company") is pleased to announce the appointment of Rodney Davis to the position of Chief Financial Officer of the Company. Mr. Davis, a Chartered Professional Accountant in Ontario, brings over 25 years of experience leading change management in private and public organizations spanning a variety of industries. Specifically, Mr. Davis' wealth of practical...
2020-01-08 9:18 AM EST
Media Central Corporation Inc. Private Placement and Stock Options Grant
Toronto, Ontario--(Newsfile Corp. - October 30, 2019) - Media Central Corporation Inc. (CSE: FLYY) ("MediaCentral" or the "Company") announces the granting of an aggregate of 25,350,000 stock options (the "Options") in accordance with the Company's stock option plan at an exercise price of $0.08 per share for a term of five years expiring on October 28, 2024. The Options were granted to newly appointed management, employees, directors and certain consultants of the Company, including the...
2019-10-30 3:14 PM EDT