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Anyone on financial boards like FACTS?
We previously were a shell company. Therefore the exemption offered pursuant to Rule 144 is not available. Anyone who purchased securities directly or indirectly from us or any of our affiliates in a transaction or chain of transactions not involving a public offering cannot sell such securities in an open market transaction.
FACT 1) no one will be diluting anything, the statement in the filings that MXMI was a shell company STOPS any shares from hitting the market because there is no broker that will or can clear sdhares in a shell company , NOT POSSIBLE!
FACT 2) Jim Grady now lives in FortLauderdale and sells yauhts (boats)
Fact 3) Jim was forced out as CEO and all and any shares Jim held , Jim no longer holds anything!
FACT 4) no one knows what will or will not be done going forward.
this reverse, took all of the shareholders out of the equation, they obviously don't want the toxic financing that was done before, the problem is that when they reverse the bad guys out of the equation, it erases good shareholders too. So the question is leave or stay, I made money before on this and will wait to make more.
very welcome, no reason to lie about any of what I said anyway , would serve no point and be pointless.
I am clueless at this point as to what will or will not take place going forward.
Thanks for the info Teffy, never doubted you for a second :)
Hey bro , this is a public stock forum with many OPINIONS , Jim is in FtLauderdale working as a yauht salesman , I can give the exact information to any one that wants to know what I am saying is true and correct. MXMI ans Jim have no working or business relathionship , also Jim does not own mxmi stock.
For anyone that wants to verifhy the truth, feel free to pm me, will gladly give you Jims cell number so hae can explain to you why he is no longer involved and what he is currently doing now..
the cusip changes when they split, every account that holds the security must reflect that, it takes a week or more depending on many variables as to when the spread will show the real price, Shortly it will show .44 and from there who knows. most feel it will move south. The company could change directions or not, who knows,,only time will tell. Reduce your expectations so that you are not disappointed as the outcome.
looznbux, Its beginning to look like the R/S backfired on "Pinocchio" lol
12:30 PDT: NITE 0.19 (7,500) x $12.00 (200)
Helluva spread, huh? AHAHAHAHAHAHAHAHA!!!
midnightexpress, well, until the mm's decide to make a market for these shares, nothing is going to happen...
need someone to sell or buy or something,,,,no idea where the price is on this thing
Ya reverse split not so good, When will there be more trading?
You don't believe Teffy?
LOL. Laugher of the year (so far.)
Thanks to both (you and robin) for the information.
Teffy has already vouched that Grady has moved away and is no longer involved and I believe that.
Lol just for the fun of it give him a call. he's a good salesman.JMO
"He's got all the answers"?!!? Uh huh, I bet he does.
Manocchio helped kill Titan Global Entertainment, Inc. with a 1 for 1000 reverse split, pay date of 05/30/2008, when the symbol changed to SIGO (www.otcmarkets.com/stock/SIGO/company-info) and they subsequently diluted the crap out of it and Manocchio flew the coop.
That's all the DD I need to know as far as getting involved in anything with Manocchio. No thanks; he's on my permanent shit list. MXMI is his 2nd one (that we know of) with a nice share structure that Manocchio has had a hand in killing by reverse split (and the dilution that's sure to come). I also wouldn't be surprised if Grady's still involved. Scumbags of a feather, you know...they all need to hang out in jail together.
GLTY
Here's some starter DD on Michael Manocchio former CEO at Ecom3 Media West Palm Beach, Florida Ecom3 Media was a wholly owned subsidiary of Titan Global Entertainment, Inc. give Michael a call he's got all the answers .nice guy to talk to JMO
Michael Manocchio 561-859-3081
http://www.linkedin.com/pub/dir/Mike/Manocchio top of the page
Yeah, I'm trying to be optimistic as well, but I'm not sure what's with the negativity of others when the main variable, Grady, is no longer a part of the company--how can some be so narrow minded without any real DD done on the new people involved?
If people are going to be negative at least support your claim and provide info on the new parties involved so that a collective, reasonable and educated decision can be achieved--positive, or negative. I'm open to both sides of the argument and I'm not saying anyone is right or wrong, but I'd like more information on the new people in on MXMI now that Grady is done... Is that so much to ask??
How could it be any worse than Grady's attempt at running things?
I have no reason to pump it up, i know it sounds funny but i am optimistic about this one
looks like a complete change will be coming, change in principles has already happened, I expect a new business model to be clarified and the a pr push. Lets see what the new business plan shows. Just my opinion mind you.
MXMID: will be subpenny again in no time at all. What a POS and what a bunch of crooks.
$1.00+/share?!!? LOL You clowns are dreaming. Look at what's happened to every other bloated pink piggy post-RS. I'm taking my tax loss every time I see a bid, which won't be for very long, and which I will whack the hell out of just to sell as much as possible before this goes bidless again.
.44 is where it is. but as with most pinks, look for a drift...................down, ... unless some help is recruited
tmash, It's what Scottrade is showing on the streamer and summary quote page. Make sure that you are using the new symbol MXMID ....btw it is now .07 X .9696
Right. where did you get that? I tried nothing came up?
.06 X .9696... a bit of a spread, wouldn't you say???
•Capital Change=shs decreased by 1 for 400 split. Ex-date=10/09/2012.
looks like MXMI is getting ready to do something here.
My mistake, I think it will be much higher, then a $1.00.
ttmasher, $1.00 would be the equivalent of approx. .0025 prior to the R/S. I hope it works out for you and the rest of us... oh well... GLTA!
The company did not "DILUTE" before. But I am sure you are right, MXMI will "DILUTE" at some point. But with as little float as that for now, could pop to a $1.00 real quick, just be ready and pick your selling spot?? MXMI is not going to "DILUTE" right away, "NEWS" first, MXMI will "DILUTE", only when "NEWS" hits and a POP first.
ttmasher, uhhhhh... good move?? 960,000 O/S? How long do you think before the company starts diluting the crap out of that figure?
Great move. 1 for 400 Reverse. is what MXMI needs. get rid of the old start "NEW". It could have been 1 for 1000. Still leaves shareholders in good shape, once MXMI starts to "POP". Especially when MXMI trades in the $1.00 range.
AC, Basically, the new management is "kicking the shareholders to the curb".... and starting over with a new share structure... just check the number of shares in your account later today... you may have to use the symbol MXMID... JMHO
Shares outstanding = 967K.... (Not for long)...
I'm confused, what does all this mean then?
so, I guess that after the R/S there will be less than 1 million common shares, and the A/S will still be 750 Million. If they convert the 7.2 million preferred shares to common at the rate of 10 to 1 that means they will have 72 million common shares and the shareholders will have a combined 1million approx. ... but, I'm not sure my numbers are current and besides they can't seem to find the additional 2 million shares as 9.2 million preferred were reported in conflict with the 7.2 million the transfer agent's books show... this is all screwed up now... JMHO
By what I just saw, there are only 730,000 shares on the bid between .0001 and .0007. 300k more shares now at .0007 .... even so that's only about $630 dollars total on the eintire bid down to .0001 ... wow!
MXMI: 1-400 R/S **
Looks like a REVERSE SPLIT in MXMI.
LOLLLOL. Same of BS. What a joke.
13:06 10/9/2012 MXMI Max Media Group, Inc. Common Stock MXMID Max Media Group, Inc. NEW Common Stock 1-400 R/S **
There goes the neighborhood....
ttmasher, I have had restricted shares in companies where the CEO, himself, has the restrictions removed by writing a blanket letter covering all restricted shares. It really makes the CEO have a lot of credibility with the shareholders.
What CEO, the odds of that happening are slim to none, and slim left "TOWN", Grady is gone. Do not look for LABS to that??
ttmasher, Yes, my broker can have it done, but if you check, I think you will see that a CEO can have the restricted shares unrestricted once the restriction period has been fulfilled. He can issue a "blanket letter" covering the entire group issuance.
CEO, has nothing to do with it. My broker TDAmeritrade, handled it for me. Cost me money to do it, and took about 30days. No Attorney involved, unless TDAmeritrade had its in house Attorney. Check with your broker?
ttmasher, It is my understanding that the CEO of the company can write a letter to the transfer company instructing the legend to be removed from all the restricted shares once the restriction period has passed. In other words, it does not require an attorney for each shareholder to have the legend removed. I was hoping that the CEO would do that in this case.
About a year ago I unrestricted 256th shares of MXMI, which are now tradeable, had Aneritrade handle it for me, had to fill out a form, and cost me money to unrestricted them, but I did>
I thought at one point, MXMI, would really move forward, after becoming current. But it has been "SILENT" now, with hardly any trades, anyones guess here?? Who really knows??
So does anyone know what's in the works if anything, for the future of MXMI? I mean, all press releases and fluff aside, is there much to expect before years end, what do you think?
midnightexpress, Thanks for the info and it is basically what I have learned... the opinion letter costs more than the shares are worth...
if you have another account, move them, the shares have to have the legend lifted at the t/a. Call the t/a and see if you need an opinion letter or not. Its been a while and you may have to show ownership, (a paper trail) how you received them (divi). If you need an opinion then there is no way around it, but you don't have to use a particular atty if you don t want to.
teff, My restriction was the same as the other dividend shares... one year.... and they were issued two years ago... but I am still unable to trade those shares... Scottrade says the Transfer agent has to remove the legend... and the Transfer agent says I have to submit the shares.... Scottrade says they don't have the certs because the accounts are in street name... a real catch 22... I guess I'll have to send someone a demand letter... just have to pick the right one...
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Max Media Group, Inc. MXMI
Max Media Group, Inc. Contact :
Pacific Stock Transfer Co.
Transfer Agent
4045 South Spencer St., Suite 403
Las Vegas, NV, 89119
702-361-3033
http://www.pacificstocktransfer.com
info@pacificstocktransfer.com
Contact Info
Email: info@maxmediamxmi.com
Phone: 877-243-9327
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