Media City (MCCY.PK) Signs $16 Million Contract
Media City Corp (Pink Sheets: MCCY) shares were up 5 percent this morning, rising to 21 cents a share by 9:00 a.m. CDT.The jump came right after the company announced that its subsidiary, Effective Control Trucking LLC, had landed a contract worth an excess of $16 million this morning. The contract covers the installation of Media City's proprietary FOLO technology, a real-time truck monitoring system that allows employers to watch the state of their drivers while on the road, stay informed as to the mechanical state of the vehicles as they run, know where their vehicles are with GPS systems,…