STOCKHOLDERS' EQUITY (DEFICIT)	3 Months Ended
Jun. 30, 2011
STOCKHOLDERS' EQUITY (DEFICIT) {1}
STOCKHOLDERS' EQUITY (DEFICIT)	NOTE 7 - STOCKHOLDERS’ EQUITY (DEFICIT) Issuance of common shares On January 12, 2011, the Company issued 5,000,000 shares of its common stock into an escrow account, for the future transfer to the TechTV shareholder, in exchange for all of the issued and outstanding capital stock of TechTV. The shares are currently held in escrow until the performance milestones detailed in the share exchange agreement have been reached. On May 5, 2011, the Company issued 2,133,333 shares of common stock at $0.15 per shares for an aggregate total of $320,000. On June 6, 2011, the Company issued 1,336,667 shares of common stock at $0.124 per shares for an aggregate total of $170,000. Cancellation of common shares On January 12, 2011, the Company cancelled 7,500,000 shares of common stock in accordance with the Agreement, Consent and Waiver executed by a former officer and director of Media Technologies, Inc. On May 5, 2011, the Company cancelled 1,500,000 shares of common stock in accordance of the Agreement and Consent which reduced the number of shares to be issued in connection with the acquisition of TechTV Media, Inc. from 5,000,000 shares to 3,500,000.

STOCKHOLDERS' EQUITY (DEFICIT)

3 Months Ended

Jun. 30, 2011

NOTE 7 - STOCKHOLDERS’ EQUITY (DEFICIT)

Issuance of common shares

On January 12, 2011, the Company issued 5,000,000 shares of its common stock into an escrow account, for the future transfer to the TechTV shareholder, in exchange for all of the issued and outstanding capital stock of TechTV. The shares are currently held in escrow until the performance milestones detailed in the share exchange agreement have been reached.

On May 5, 2011, the Company issued 2,133,333 shares of common stock at $0.15 per shares for an aggregate total of $320,000.

On June 6, 2011, the Company issued 1,336,667 shares of common stock at $0.124 per shares for an aggregate total of $170,000.

Cancellation of common shares

On January 12, 2011, the Company cancelled 7,500,000 shares of common stock in accordance with the Agreement, Consent and Waiver executed by a former officer and director of Media Technologies, Inc.

On May 5, 2011, the Company cancelled 1,500,000 shares of common stock in accordance of the Agreement and Consent which reduced the number of shares to be issued in connection with the acquisition of TechTV Media, Inc. from 5,000,000 shares to 3,500,000.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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+ Details

MEDIA TECHNOLOGIES, INC. 10-Q/A