On this page of Benford's Law Stocks.com we present our study of Madison Technologies Inc. — ticker symbol MDEX. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 1/25/2024 to 5/20/2024 for Madison Technologies Inc. under CIK number 0001318268. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for MDEX, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Madison Technologies Inc. based on the past MDEX filings our system processed in the past.
49.0
14.0
8.8
9.8
5.1
5.4
2.2
2.5
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 408
Recent share count: 1,603,095,243 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
408
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 4 numbers to move any given column by a full percentage point.
53

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 1's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 2's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 3's percentage was below the typical coverage universe range.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • We deducted point upon observing the 5's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 5's percentage was below the company's typical historical range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points upon observing the 7's percentage was below the typical coverage universe range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was below the typical coverage universe range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 4th column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 9's percentage was below the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was below the company's typical historical range.
Benford's Law Stocks Indicator
MDEX
Low score compared to other filers, falling in the bottom quartile.
GAIA
QLGN
OUNZ
TETE
PSTV
SMTI
RENEU
INDP
Check our work! We provide our Madison Technologies Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the MDEX filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 200 numbers that start with the digit 1. Here they are:
1,603,095,243
12,722
11,726,332
11,739,054
100
11,739,154
1,129,692
1,067,947
1,883,295
15,855,675
14,599,240
100
10,000
155,000
155
155
1,000
1,000
1,000
1,152,500
1,152,500
1,153
1,153
1
1,000
1,000
1,000
1
100
100,000
100
100
1,603,095,243
1,603,095
1,603,095
10,549,165
10,549,265
16,734,471
11,739,154
130,664
107,740
1,484,393
1,812,248
1,812,248
10,034
15,859,990
1,034,496
1,450,495
1,034,496
1,440,461
19,108,669
1,034,496
1,777,748
19,567,431
101,525
1,034,496
1,879,273
12,882,087
1,603,095,243
1,599,095,027
1,603,095,243
1,599,095,027
1,603,095,243
1,603,095
10,549,265
16,734,471
100
12,882,087
12,882,187
1,603,095,243
1,603,095
10,549,165
1,599,095,027
1,599,095
10,473,261
15,747,021
1,599,095,027
1,599,095
10,473,261
10,652,096
19,567,431
1,647,666
1,834,916
1,749,542
138,591
12,722
13,318
1,452,000
1,452,000
13,139,810
13,860,314
19,874,163
1,212,624,000
1,014,123,286
155,000,000
1,152,500,000
1,665,451,580
1,347,395,000
1,212,624,000
1,014,123,286
174,078
195,334
12
150,000
15,000
120,000
150,000
15,000
135,000
125,000
12,500
125,000
1,050,000
1,050,000
192,500
1,879,406
1,050,000
12
112,500
12
10,800
12
1,250,000
137,500
11.25
15,000
10
13,004
110,000
12
110,000
12
12
110,000
10,000
12
110,000
110,000
10,000
12
110,000
12
10,000,000
180,000
12
12
1,250,000
192,073,017
1,000
192,073,017
11
192,073,017
192,073,017
16,500,000
16,500,000
1,900,760
15,855,675
14,599,240
163,473
100,000
10,000
100
1,000
1,028,000
155,000
1,000
1,000
1,000
1,000
1,152,500
1,091,388,889
1,000
1,152,500
1,152,500
1,000
1,000
1.00
1,000
192,073,017
1,000
192,073,017
1,000
1.00
100
100
100
100
1,603,095,243
12,024,012
14,781,976
1,025,720
1,465,584
163,620
1,431,762
173,359
1,072,374
1,459,380
1,459,380
1,152,500,000
190,444
We found 57 numbers that start with the digit 2. Here they are:
2,472,417
2,582,902
29,615,310
28,472,277
2
230,000
28,886,831
29,616,658
206,623
29,081
28,886,831
29,616,658
22,696,452
23,810
2,256,779
28,886,831
286,173,016
231,173,016
23,656,587
2,592,691,302
286,173,016
231,173,016
2,592,691,302
293,209
2,500,000
250,000
208,000
208,000
220,000
2,545,500
2,305,500
2,472,417
250,000
25,000
22,500
2,500,000
220,000
20,000
220,000
22,500
270,000
255,794
28,658
230,000
230,000
255,555,556
220,000
246,173,016
286,173,016
2,664,994
2,492,305
257,483
242,481
21.0
21.0
2,759,360
2,759,360
We found 36 numbers that start with the digit 3. Here they are:
3,300,000
3.32
39,895
3
351,022
327,855
337,287
337,287
3,248,679
3,674,665
30,427
328,726
328,726
318,056,580
39,895,000
3,164,248,596
3,164,248,596
390,737
371,987
3,750,000
3,300,000
3,300,000
35,000
3,420
343,094
3.32
39,895
39,895,000
39,895
39,895,000
39,895
3,989,500
39,895
399,783
343,904
30
4's 5's 6's
We found 40 numbers that start with the digit 4. Here they are:
4,429,329
4,429,329
4,661,250
4,600
4,600
40
40
41,768,918
458,762
458,762
4,466,875
4,437,794
41,768,918
445,746
4,429,329
4,429,329
40,000,000
45,000
470,000
426,094
4,661,250
4,661,250
488,934
4.99
4,225,062
4,225,062
4,600
4.99
4,600,000
4,600
4,600
48,617,400
40,000,000
4,431,114
40,000,000
4,431,114
425,524
4,109,161
4,109,161
4.1
We found 21 numbers that start with the digit 5. Here they are:
50,000,000
58,874
529,786
500,000
500,000
500,000
550,000
542,500
55,000
55,000
50,000
5,000,000
5,000,000
5,000,000
5,000,000
55,000
5,000
55,000
50,000
50,000,000
52,668
We found 22 numbers that start with the digit 6. Here they are:
6,000,000,000
6,250,042
6,685,344
699,389
6,949,431
6,949,431
6,949,431
6,250,042
6,685,345
6,685,345
6
6,250,000
600,000
67,000
67,500
644,325
6,695,083
6,685,344
699,389
6,949,431
6,868,521
6,868,521
7's 8's 9's
We found 9 numbers that start with the digit 7. Here they are:
741,399
75,000
7,014,071
729
729
73,083
7,500
75,000
75,000,000
We found 10 numbers that start with the digit 8. Here they are:
87
89,301
894,081
893,352
82,500
82,500
864,000
87
864,000
80,622
We found 13 numbers that start with the digit 9. Here they are:
936,112
9,000
9,143,430
9,000
90,000
90,000
90,000
9.99
92,999
9.99
9.99
9.9
92,970
While the above MDEX 10Q Filed 5/20/2024 is interesting in isolation, we have found that it is also useful to take a look at older Madison Technologies Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/20/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical MDEX 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

49.0
14.0
8.8
9.8
5.1
5.4
2.2
2.5
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 53
XBRL?   [ original filing ]
Total numbers found: 408

= Typical MDEX range from 1/25/2024 to 5/20/2024
45.0
12.7
10.3
10.0
6.1
3.5
4.1
4.2
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 542

= Typical MDEX range from 1/25/2024 to 5/20/2024
48.1
13.3
9.4
9.1
6.2
4.2
2.7
2.5
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 405

= Typical MDEX range from 1/25/2024 to 5/20/2024
44.3
14.8
10.0
9.5
7.4
4.0
2.4
3.2
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 379

= Typical MDEX range from 1/25/2024 to 5/20/2024
 

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