Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Any shareholders who think Vechery is untrustworthy should sell their shares. Obviously.
I was hoping for a new beginning with new leadership,
but it seems that some will get what they asked for, sad....
That long, drawn out journey through the Court process....
This is showing up
all-over different platforms....
http://harveyvechery.com
Looks like Greg Halpern is seeking legal counsel....
I wonder what the one documented opportunity is....
Alfred do you know anythinggoing on at max or is it just an empty shell now? Do you talk to the new owner? Is he planning an RS? To get rid of the shareholders? Any info will be highly appreciated
Of course! I always enjoy talking with the talent and brains in any organization! You can PM me anytime during the week, if you are an IHUB paying member, or for free during happy hour on Friday between 4 & 5 EST and I will respond. Thanks.
I'm sure the bridge burning story would be very interesting. Once again Halpern destroying key relationships that MAXD had! It seems to be the same story over and over.
J Galt, would you like to speak with Trammell sometime? Might be interesting.........
It was stated, “What is Harvey Vechery hiding, that the minions and ex transfer agent are keeping quiet about????” That’s an easy question to answer, nothing that I am aware of.
Greg Halpern would like to think Harvey Vechery is “hiding something” because he wants him to bring him down to his level, which is in the gutter. He apparently believes he can influence shareholders by trashing Vechery’s reputation, but I doubt that has legs. Halpern certainly attempted to do that with his libelous, slanderous, and defamatory “Hoodwinkers” website, but it won’t work. Halpern is being exposed for what he is, a proven (in court) serial grifter, and complete failure as MAXD’s CEO.
Let’s refer back to the Honorable Judge Timothy Taylor’s legal opinion of Greg Halpern, issued in the Final Order by the Court: “fraudulent or dishonest acts or gross abuse of authority,” “Halpern’s Misrepresentations Regarding the Business of Max Sound,” and “Halpern Does Not Adhere to Corporate Formalities and Operates Max Sound in Order to Loot Max Sound and its Shareholders.” Once again, words have meaning.
Halpern has been running MAXD since Day One and Vechery was never in a position of authority. He was an investor and the bank, not a director or officer of the company. I doubt MAXD shareholders care about Harvey Vechery’s past as it had nothing to do with their losses at MAXD. Greg Halpern was in charge of that train wreck and, like all the rest of us, Vechery was just a first class passenger, while the rest of us were in coach.
“Can it be HV is not as squeaky clean as some think????” In my opinion, no one is “squeaky clean” if they have been in business for as many years as Harvey Vechery has. Many of us have been involved in business relationships that started out positive and instead, took us down the back alleys of life. I have no knowledge of any issues with Vechery but nothing can be as bad as what we’ve witnesses with Halpern over the last 14 years. As stated above, other business relationships Vechery has had in the past have nothing to do with MAXD, only his relationship with officers of the company is worth scrutinizing. This is just another example of Halpern deflecting from his own mistakes and projecting them onto Harvey Vechery.
By the way, using an opinion, from a long-time well-known Halpern, Blaisure, Vechery and MAXD antagonist, as if he’s a “Vechery minion” is not only humorous, but also borderline priceless. Everyone has a right to their own opinion, and the board poster certainly does, but that’s just what it is, an opinion. Opinions are not facts. Other than maybe the “laughingstock” comment he made in the linked post, The board poster also stated “I can only guess” at Vechery’s future plans.". That would qualify as speculation, not fact.
What is Harvey Vechery hiding,
that the minions
and ex transfer agent are keeping quiet about????
Yes,
let's see the filings!!!!
Can it be HV is not as squeaky clean as some think????
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172052035
Nice try! We still need to figure out what the ex-CEO spent millions on. Why did MAXD fail after having millions of dollars of funding? I'm sure having an entitled CEO didn't help.
It was stated; “Our former CEO has no obligations with the company.” What about his obligations to the shareholders? To ensure a proper transition takes place. To comply with the court order. I’m sure the legal team will be contacting him about his “obligations” at the appropriate time. Will daily updates be requested about this time frame and schedule as well?
“And he has been in compliance....” He has not been “in compliance” since he stopped filing with the SEC and instead submitted his dime store 8-K. Anyone interested can go to the Yahoo site to read that breakdown. According to the Halpernettes, he was only going to file an extension on the 19th, but then he was officially removed by the court on the 18th with the issuing of the Final Order, retroactive to April 28th. Again, Halpern was only going to file an extension, on an extension, on an extension. That is not filing, it is the corporate equivalent of kicking the can down the road. That’s not compliance, it’s avoidance.
It is “time to move forward” and there “will be new guy in charge.” Both true statements. However, moving forward does not mean allowing Halpern a pass to walk away from the mess he created without suffering the consequences.
“Our former CEO is just that, yesterday's news....” True enough. He has been removed from his position in MAXD by the court. However, the great Santyana stated, “Those who cannot remember the past are condemned to repeat it.” Why is that important? Unless the failures of Greg Halpern are scrutinized by those in a position of power and authority, analyzed by forensic accountants, and placed in their proper perspective by historians, no one can, or should move on from Greg Halpern. The company will move forward, with Halpern in the rearview mirror, but it will be a long time before he is “yesterday’s news” as there are still many issues to deal with. I’m sure he’d like that to be the case, but our misdeeds tend to follow us around, and he is no different. Greg Halpern may envision himself fading away, but I believe he will be headline news for some time.
The SEC should be handling Halpern! I would say dig into his past. You don't have to dig to find it. He's shoving it our faces!
Halpern isn't off the hook. I see this as a long and beautiful journey to find the truth. Where did all of those millions go to? What did our ex-CEO spend all of that money on? The mansion life isn't cheap. How did the head of a zero revenue company afford the mansion life?
Taunting the victims off a fourteen year charade isn't a very good idea!
This statement was posted; “Mines, Vechery blocked that deal.” And this one, “The above are common sense, Vechery has power to control behind the scenes, otherwise why stop the mines????”
Common sense. Vechery never “stopped the mines.” If the mines were operational, they could have continued to operate. He had no "control" over a mine in a foreign country that he had no financial involvement with or connection to, or with it's owner, Nacho Natera.
Harvey Vechery locked down the remaining shares with the transfer agent, as was his right, because Halpern was out of control and offering large quantities of shares to Nacho and others when the company was in dire straits. Halpern was promising money the bank account couldn’t cash. The financial numbers were not consistent with any mining operation I’ve ever seen, and I’ve been involved in a number of them. I also have friends in the mining business look at the numbers and they laughed. Halpern never answered direct questions from shareholders about the mining operation numbers because he knew they couldn’t be backed up.
Halpern attempted to go direct to wealthy MAXD shareholders with offers to invest in the deal in an attempt to raise capital before he went public with the MAXD PR. He raised no money, but went public anyway. From looking at the filings, Halpern raised zero dollars from investors for the operation. As he was unable to raise the funding promised to Nacho, the deal could not go through. No money, no deal. Stating that Harvey Vechery blocked that deal is a stretch of reality, probably for future legal purposes, and nothing more than blame shifting.
Vechery blocked shares from being distributed by the transfer agent because Vechery had notes due against shares that were rapidly disappearing. He was exercising his right to protect his position. As a matter of fact, Vechery should have exercised that right from the beginning, especially since Halpern defaulted on every single note to Vechery, both personal and for MAXD. Vechery didn’t take the shares, which he had every right to do, he just locked them down so Halpern couldn’t take them. That was also for the protection of the shareholders. The bottom line is that Halpern could have continued to raise money on his own but did not. “Blocked by Harvey” or not, the mining deal was never real for MAXD.
Probably time to move on; I heard
there's a new guy in charge....
Our former CEO has no obligations with the company,
And he has been in compliance....
Time to move forward....
If only we had information, in a statement
to the news being reported that there
is no product/ technology....
Then there's the news that said Harvey Vechery as indicated that he is putting resources into the company....
Which is it????
Isn't that the focus shareholders should be pointing to,
unless there's a hidden agenda....
Our former CEO is just that,
yesterday's news....
Wednesday will mark the 1st anniversary of the bogus mining claim.
"MAXD Forecasts Substantial 2022 Revenue & Profit Expecting to Exceed $100 Million"
June 08, 2022, 20:25 GMT
Team Halpern delivered zero on the $100 million, mining pump! They did deliver a few excuses. Of course none of the excuses involved Team Halpern taking the blame.
At least a toxic CEO was removed. How did a CEO last four fourteen years without one real deal? Not one real deal in fourteen years!
The SEC should've ousted him after his Z-Trim days. They could've dumped him for the fake short squeeze. The final blow should've been the bogus mining deal! After watching the Madoff series on Netflix, it's clear what the problem is.
Btw this sentence:
The January claim is just the usual misrepresentation from Team Halpern.
That so call,
misrepresentation
was in response to Harvey Vechery's minion....
Everybody hoping
Harvey Vechery
is going to swoop down and
save the company....
It's being reported now that there's
no technology
and
releasing a statement
should of been done
May 1....
Blaming the former CEO only goes so far....
Same ship,
new Captain,
And
same old story....
We had fourteen years of excuses from Team Halpern. The January claim is just the usual misrepresentation from Team Halpern. The ruling wasn't released until May.
Someone forgot that Team Halpern didn't file three quarters of filings.Team Halpern was the one holding back important information.
Unlike Greg Halpern, Harvey Vechery listens to his legal team. For that matter, he has one, Halpern does not. I’m sure announcements will be made when they are ready. The shareholders have waited for 14 years with no revenue deals and nothing but double talk from Halpern. I think everyone has developed enough patience to wait a bit longer.
Harvey Vechery's agenda is to delay
any news important to shareholders....
Statements can be made publicly there’s no law on waiting period from stopping new leadership to make a statement....
Six months and counting....
The judgment was entered on January 11, 2023. Relief order issued April 28, 2023. Final order posted 5/18, 2023. It is now June 4, 2023. 17 days after the final order was posted online at the end of the business day. No legal move could be made until the Final Order was issued and clarifications from the court were given. This has taken time. Facts are facts. The Order takes the removal date back to April 28th, but the legal team could not start until Final Order was issued.
The filings have been delayed due to the unbelievable mess Halpern left the company in, both legally and administratively. The non-filings with the SEC are just the tip of the iceberg. One can use the same imagination fine-tuned over the last 14 years to figure it out. The filings will come out when the legal team releases Vechery to proceed. In the meantime, readers can tell this is a ploy to transfer the blame for 14 years of failure to someone who had no say in company policy to begin with. The company is on the Expert Market thanks to Greg Halpern. The stocks can only be bought and sold on specific platforms. Therefore, there is no rush to have a filing out because most people can’t trade anyway.
Someone asked a question about the mines....
Here's that response from an email....
Mines, Vechery blocked that deal
Mexico Land Deal and Coin Base belongs to Greg Halpern
Japan Deal Vechery Injunction killed it
Btw
Statements can be made publicly there’s no law on waiting period from stopping new leadership to make a statement....
.
The above are common sense,
Vechery has power to control behind the scenes,
otherwise why stop the mines????
The Mexico Land deal was to counter Vechery blocking the mines,
to get the deal going....
May filing would be good news for the shareholders,
well now,
it’s no longer
Greg Halpern's obligation....
Vechery wants control of the company,
by all means,
control it....
Time is ticking,
it should not take long to make a statement....
"Interesting, if Greg Halpern has made himself a laughingstock.... What does that say about the orchestrated removal of our former CEO with this statement????”
In general terms, debating anyone who has a different understand of how the rules of engagement are generally understood to work is a difficult task. Facts, figures, and dates have a special symmetry, as is the case with most mathematics. Thinking outside the box is an analytical skill required to succeed in "life. Greg Halpern is ultimately responsible for his own actions. If the result of 14 years of poor decisions has resulted in him “making himself a laughingstock," then he has no one to blame but himself.
As to the “orchestrated removal,” Halpern was removed by the judge for specific reasons, and it had nothing to do with any orchestration. His own words on the Hoodwinkers website, in audio, video, and his writings, were used against him in court. His own words in promotional writings were also presented to the judge who ruled against him. What did the judge rule? Here is his statement direct from the Final Order:
In the words of the Honorable Judge Timothy Taylor, “Halpern’s Misrepresentations Regarding the Business of Max Sound” and “Halpern Does Not Adhere to Corporate Formalities and Operates Max Sound in Order to Loot Max Sound and its Shareholders.” Words have meaning.
“Same old story with a new captain at the helm....” The way this sentence is framed, it seems an admission of guilt to all past accusations made of Halpern. Although I understand the desire by Halpern to attempt to share blame with Harvey Vechery for all that went wrong with MAXD over the years, it’s not going to work as Vechery was in the background with no input. The “Same old story” tag will only become true if Vechery tracks the same dark trail through the back alleys and carnival sideshows that Greg Halpern followed. Time will tell, as none of us know what the new company will do until they make an official announcement.
An opinion is not a fact. “Vechery spent years colluding with Greg Halpern” was one man’s opinion. That is all. A quick search of the word colluding defines the word to mean “conspiring, plotting, scheming, planning, and conniving.” It was well known that Harvey Vechery bought out the toxic debt each time he was asked to do so. He loaned the company money, and loaned Halpern money on a personal basis anytime he asked for it. Others questioned why there weren’t strings attached and thought he should be demanding more in return. It was said that Vechery let Halpern do whatever he wanted to do and get away with everything. Vechery had no board position. He was not a director or officer. He was not an advisor or consultant. Greg Halpern did not listen to Harvey Vechery and did whatever he wanted to do in relation to MADX without interference. This was known by all involved. Therefore, none of those synonyms accurately describe the relationship. But that doesn’t mean someone can’t inaccurately describe the situation for their own imagined benefit as that’s what freedom of speech is all about.
“Harvey Vechery's minions about to unleashed more untruths, with no filing, just more hearsays such as, Vechery has indicated he is prepared to invest the necessary money in ...engineering to get everything up to speed and running.”
What is hidden inside the words of this new mantra? The thought that the shareholders would be unhappy with the idea Vechery is going to spend money improving the technology is a bit strange. That he is going to invest in making the company profitable for the shareholders for the first time in MAXD history should be a happy one. Why would anyone disagree with improving a technology that has been dormant for years?
“Fascinating, our former CEO has no more obligations, but still seems to be the talk of the town....lol.”
The former CEO has the obligation to turn over all MAXD property to the new owner and cooperate with the transfer. He has that obligation to the shareholders. Halpern will be the talk of the town for a long time due to all his past deeds. It’s called a legacy. It’s also called closing the books. The epilogue. Soon we won’t need to talk about him as he will be gone with the wind. Personally, I look forward to the fresh air.
Exactly
The judgment was on January 11, 2023
Six months later,
more excuses....
Fascinating, our former CEO has no more obligations,
but
still seems to be the talk of the town....lol
Harvey Vechery's minions about to unleashed more untruths,
with no filing,
just more hearsays such as,
Vechery has indicated he is prepared to invest the necessary money in ...engineering to get everything up to speed and running
And
it's being reported that
Vechery spent years colluding with Greg Halpern.
Same old story with a new captain at the helm....
Another statement from the Honorable Judge Timothy Taylor; “Halpern’s Misrepresentations Regarding the Business of Max Sound,” is worth remembering whenever you read something directly, or indirectly attributed to Greg & the Halpernettes, as well as anything they say about…..anything. “Misrepresentations.”
“More hearsay; where is this in any filing or report???? Vechery has indicated he is prepared to invest the necessary money in ...engineering to get everything up to speed and running. Whom has Harvey Vechery talked to about this plan.” “where's the filing stating that Harvey Vechery plans on investing in the technology, which is now being reported as not being concrete????”
There are no filings or reports yet as there are legal issues being cleaned up behind the scenes. When information is not available, one must use their imagination, as all MAXD shareholders have been doing for years. For instance, imagine an NCIS episode where hotel management enters a room Halpern had previously rented only to find it trashed and in need of repair. As the police believed a crime had been committed, they yellow taped the room and no one could enter until their forensic work was completed. Once that work was completed, no one could put their name on the room until the trash was taken out, the floors and walls were cleaned, the furniture back in place, and the room fumigated due to the odor left behind. Translate that into corporate terms and the board poster will have the answer as to the filing schedule. The board poster will also see the official report and filing the same time I do and everyone else does.
Until the company issues an official statement naming a new CEO, and that CEO states the new game plan, everything mentioned about MAXD will fall under the “hearsay” category. Unless you were on the inside and involved directly with the principles, most of the posts about MAXD over the last few years would qualify as “hearsay.” The comment is right, beach counselor, it is hearsay. I “HEARD” from another person that Harvey Vechery plans to invest money back into the company and get it up and running. In English, that is an “indication” of an action. A sign, a suggestion, a signal, or a hint of actions yet to come. It is not, however, an official proclamation, or even a “concrete” report from anyone within the company. It is also hearsay because, as I have stated all along, I don’t have any contact with Harvey Vechery. The attempt to accuse someone of spreading insider information is transparent. Not to mention, lame. By the way, where did one “hear” that it would cost “$150-$200k” to upgrade the product? Where did the board poster hear about the claims about the house? Hearsay is defined as: “A statement which a witness has heard another person say, or a written statement offered in evidence without producing the author to testify as to the issues stated.” Until an officer of the company is named and he/she makes a statement, it is all hearsay. I guess what’s good for the goose is not always good for the gander.
“I thought there was a product, but I was following the Google case, which lead to Japan, and that was a two year, down the drain deal in a blink of an eye....”
What convoluted logic is this? The Google case led to Japan? How so? Through Rurouni? Google despised Greg Halpern due to his late night Vimeo comments about Google executives. That's why they went after him personally to get judgments.
If there really was a deal in Japan, Halpern, or for that matter, Rurouni, could have gone to Vechery and attempted to buy extra time for MAXD, or sell the concept of the deal to him. Halpern could have done the same. Outside of the Halpernettes, none of us believe there really was a deal in Japan anyway, for MAXD that is, as there was no LOI, no contract, and no announcement on an official site. The EIN PRESSWIRE press release was obviously a paid for gimmick and written by an amateur.
“Gone in the blink of an eye” is an interesting twist of Einstein’s time theories because the date of the judgment was January 11, and the court relief date was April 28th, and the final order on May 18th. I guess if time is a flat circle, then four plus months could be referred to as a “blink of an eye.”
“Our former CEO paid $2.9m and from what's being reported Harvey Vechery has made over $4.1m, with that sell....” and “that was the real meat of this meal.”
Words have meaning. Let’s see if I have this train of thought clear in my mind. Halpern was forced to leave his first “mansion” by the couple who owned the house as he was leasing it and they wanted it back. Even though he claimed to be the owner to anyone who would listen. Greg Halpern wanted another mansion, but he had no money. He borrowed the downpayment money from Harvey Vechery and, since he did not have the necessary credit to buy the house, he asked Harvey to line him up with acquaintances who owned a lending company. They arranged the high interest loan for him based, in part, on questionable information provided by Halpern. In the financial docs He stopped making payments, so the lender foreclosed on the note. This is all in the public domain.
One reason Halpern filed for bankruptcy protection so he would not lose the house. Harvey had the second position lien on the house and did not want to lose the money he had already invested in the house. In the bankruptcy, Harvey paid off the house loan to the lender in full. He had to negotiate a six-figure penalty and fee assessment from the lender, and then pay it, along with bailing out Halpern by paying all his personal bills as well. Not to mention settle the Google lien, as they also had a position on the house as well due to the personal lien on Halpern. That’s when Vechery learned the truth about Halpern and how he had been played, lied to, and manipulated. As the true homeowner, Harvey laid claim on the property and had Halpern evicted.
This poster is saying the MAXD takeover was a Machiavellian plot by Vechery so he could get the “real meat of this meal” house back from Halpern? A house that he didn’t want or need? A house that he would have to sell at a personal loss due to the changing market and expenses associated withthe house?. A house that he had $4.6 million dollars in cash invested. “Harvey Vechery has made over $4.1m, with that sell…?” What kind of voodoo economics is that?
The house may have been valued at $2.9 when Halpern was living there, but as the downpayment and all monthly payments made came from direct or indirect loans from Harvey Vechery, claiming “our former CEO PAID $2.9m” is outlandish. He did not own the house outright. He paid a deposit and started making payments. That does not mean he paid cash for the house. The value of the house was on paper only.
Beyond that, Vechery supposedly had $4.6m in cash invested in the house, by the time he paid off the lender and all his additional fees. He also paid the back taxes, HOA fees, repair and maintenance, upkeep and utilities until the house sold. Then there were the 6% realtor fees involved that had to be paid. Therefore, suggesting that Vechery “MADE over $4.1m” is not only inaccurate, but also ludicrous. Simple math would indicate he lost money on those numbers alone. The board poster may want to climb down from this particular hill and rethink the future path he wants to take.
By the way, as I stated in my “8-K ANALYSIS” that I posted on the Yahoo board, any money Halpern claims to have “lost” was Harvey Vechery’s money anyway, as the only money Halpern had was from loans Vechery made to MAXD, which inevitably ended up in Halpern’s pocket, or loans to Halpern personally. MAXD had no revenue deals, unless you count Tip and Form 4, which were both funded with Vechery’s money. In other words, all of Halpern’s “income” that he paid mortgage payments with originated in the form of loans from Harvey Vechery. Therefore, one could say that Halpern had been playing with Vechery’s HOUSE money all along. in more ways than one.
“Harvey Vechery is already ahead of the game, with the Mansion, and that was the real meat of this meal.... The battle over shares was just their head knocking between the two, which seems to of been going on for years, decades.... Who knew that, not me, but some did.... “ “Harvey and Greg were best buds for years, and they had a falling out....”
Nice spin. I wonder where this latest fantasy is coming from. Who is delivering this message, by email, to be posted, and why? Are these the latest talking points issued from the RV? Will this be the next fabricated hill Halpern wants to battle on? So be it. This is nothing more than revisionist history in a transparent attempt to rebuild a recently destroyed reputation.
“Harvey and Greg were best buds!” That hilarious thought could only have come out of the same delusional mind that believed everyone liked him. The same mind who believed his losses to Google in court were a win. The same mind who thought he had Biometric Audio Security and MAXD proprietary Mineral Mapping Technology. The same mind who started the Hoodwinker website, filled with fantastical statements from Halpern, not to mention lies, distortions, and “secret files.” I doubt Harvey will be forgetting what Halpern said about him on that website. “Until they had a falling out?” Greg Halpern milked Harvey Vechery for every dime he could get with his false promotions. Halpern only lost the self-appointed “best bud” title when Vechery finally said NO for the first time. There was no “battle over shares” for years, on wait…decades! This is laughable on it’s face. Harvey had all the shares he needed, and he hasn’t been involved in MAXD for decades. If the post is referring to the preferred shares, Vechery handed them back to Halpern, at his direction, at the end of Halpern’s personal bankruptcy. This has all been broken down in the 8-K Analysis on the Yahoo site.
Interesting, if Greg Halpern has made himself a laughingstock....
What does that say about the orchestrated removal of our former CEO
with this statement????
Vechery spent years colluding with Greg Halpern.
Or this statement,
Vechery has indicated he is prepared to invest the necessary money in ...engineering to get everything up to speed and running
IS this false information????
Vechery spent years colluding with Greg Halpern.
I can only guess at Vechery's agenda, but I assume he plans to continue scamming MAXD shareholders on his own now that Halpern's made himself a laughingstock.
Are you saying Harvey Vechery's agenda
will be to just run the price up and then bail out????
Where's that post/ YouTube video
about MAXD having no technology????
More hearsay; where is this in any filing or report????
Vechery has indicated he is prepared to invest the necessary money in ...engineering to get everything up to speed and running
Whom has Harvey Vechery talked to about this plan,
And
where's the filing stating that Harvey Vechery plans on investing in the technology,
which is now being reported as not being concrete????
“Halpern’s Misrepresentations Regarding the Business of Max Sound,” and “Halpern Does Not Adhere to Corporate Formalities and Operates Max Sound in Order to Loot Max Sound and its Shareholders,” are two definitive statements, made by the Honorable Judge Timothy Taylor in the Final Order removing Greg Halpern from the company. Every comment made on any board should start, and end, with this legal statement in mind. Here is another one from Judge Taylor, and it is the definitive one: “Halpern is hereby ordered removed as a director of Max Sound as of the issuance of this Judgment.”
The filing will be out when it is legally required to be filed. Unlike the 14 years of history with Halpern, I’m sure it will be a filing of substance, as opposed to the last joke of an 8-K that was just dissected on the Yahoo boards. Would anyone care to comment on the content of those posts? Especially since they were used so often on this board to defend Halpern. Halpern thumbed his nose at the legal system his entire career. Maybe even his entire life. And never showed up in court to defend himself. And yet the minions blindly followed him like he was the Pied Piper of the penny stock market.
Harvey Vechery seems to have plenty of options, unlike Greg Halpern who will soon have few, if any. It has been stated repeatedly that the MAXD technology needs upgrading, or it will not be marketable. Nothing has been done to the technology in years and Halpern is not an engineer or code writer. Biometric Audio Security was never completed by Lloyd Trammel. It is just a shell Halpern and his minions used for promotion purposes. MAXD proprietary mineral mapping technology was an invention by Halpern to sell his gold mining operation and does not exist. Filings show MAXD has not spent any money on development in many years as the engineers stopped working as they were not paid.
As I have stated in past posts, Vechery has indicated he is prepared to invest the necessary money in engineering to get everything up to speed and running, which is more than Halpern ever did. All technology upgrades were set aside so Halpern could focus on his litigation strategy, persona product development, such as Formula 4, and his lavish lifestyle. By the way, how did the board poster come up with the “$150-200k” cost figure to upgrade the technology? Stock wizardry and board pontificator are in a different category than technological engineering and budgeting. I guess the email connection is still live.
“Running up the PPS” and then “bailing out” is the specialty of Greg & the Halpernettes and will not be repeated with the new group. Furthermore, why would anyone invest money in this company until they have a real product to market? Especially after all the years of fake deals, false promise, lies, deceptions, Hoodwinkers websites, and personality defects demonstrated during the Halpern regime. MAXD will have to prove itself all over again and no number of fake promotions will overcome the stink of the last 14 years. Those “minions,” by the way, were all extensions of Greg Halpern and his unique way of placing stock market manipulations over product development. If we see more of the same from the new group, I will call it out as well.
A few additional comments before I go about my day, constantly bragging about taking profits at the low levels while everyone else suffered through losses is not a good look. Not mentioning inside connections while claiming to be a financial clairvoyant would add a bit of honesty, which is sadly missing in most posts. My final comment was posted in another response but seems to fit here as well. The ostrich approach of sticking one’s head in the sand and ignoring reality of the situation is a strategy destined for failure.
Harvey Vechery only has two options....
Invest in the company he's already invested in, or cut his loses....
Harvey Vechery is already ahead of the game,
with the Mansion, and that was the real meat of this meal....
The battle over shares was just their head knocking between the two,
which seems to of been going on for years, decades....
Who knew that, not me, but some did....
Our former CEO paid $2.9m and
from what's being reported
Harvey Vechery has made over $4.1m, with that sell....
So, yes,
Harvey Vechery could easily invest
but
is there really a product????
I thought there was a product, but
I was following the Google case,
which lead to Japan, and
that was a two year, down the drain deal in a blink of an eye....
Imo
this was set in motion as soon as
the monetary case (Feb) concluded....
Harvey Vechery's top-notch lawyer's should of had a statement ready to go the following Monday
May 1....
No excuses!!!!
Will Harvey Vechery place $150-$200K into MAXD,
if there's no product????
In my opinion
Harvey and Greg were best buds for years, and they had a falling out....
HV knows,
if there's any technology worth saving!!!!
Where's the filing????
Actually it could be said
with a contraction, article and noun....
"Where's the filing"????
Harvey Vechery only has two options, imo....
1. Invest $150-$200K to upgrade the technology....
2. Have Harvey Vechery's minions run the PPS upwards and then bail out....
Lately,
option 1. was reported as,
there is no product....
Geeze I'm really glad I took profits....
It could be months before anything happens....
Wake me up when September ends....
I've been posting a review and analysis of the 8-K Greg Halpern submitted to the SEC on behalf of MAXD on November 21, 2022. It is a 12-part breakdown and is available on the Yahoo site, where humor and sarcasm are not frowned upon. It’s almost impossible to respond to Halpern’s absurdity without being absurd in return. A little paraphrased Rush Limbaugh lingo there!
As of this morning, I have posted seven of the twelve sections with two more going up later today and the final three tomorrow. The reason for this process was due to Halpern using the SEC 8-K submittal to justify all his actions, including non-filings, and his intentional move of the company to the Expert Market. Anytime someone brought up a question, on this board as well, we were told “it’s in the 8-K!” It was used as both a mocking tactic and shutdown statement to end the conversation and counter any comments against the narrative. For that reason, I decided to go back and re-read the document with a new set of eyes. What I found is exactly what I recalled reading the first time, a poorly written dime store novel with the full intent to lay blame for “everything, everywhere, all at once.” Not to mention an official SEC submittal that should never have been made.
I’ve highlighted Halpern’s words in bold, and they are his words, not mine. My words are commenting on, criticizing, and, at times, mocking his own words, as Halpern and his minions have been mocking ours on the boards for years. My purpose was to point out Halpern’s world view as a victim of “bad actors,” not to mention his egotistic opinion of himself and his past accomplishments.
I’ve had shareholders ask that I post all 12 segments at one time but that is not possible. There is a word limit to each post and I’m not aware of any way to have a “thread unrolling” as can be done on Twitter. You also are not allowed to include links to other websites for self-promotion. In addition, I’m not sure anyone could stay awake reading all 12 parts in one sitting anyway. Another reason all 12 are not up is that I must edit each one to ensure the accuracy of each statement and to keep from crossing the TOS lines. I’m writing each post as I read through and highlight so it is time consuming. Due to the fact there is so much material to work with. All twelve will be posted as of end of day tomorrow so we can all go back to positivity posting about unicorns and rainbows.
Who broke MAXD? The ex-CEO ran MAXD as his personal ATM for fourteen years. Millions ran through the hands of the ex-CEO. Where did all the money go?
The ex-CEO isn't off the hook!
Harvey Vechery owns Max Sound Corporation and all the MAXD assets, including the source code and all related MAXD technology. That is what is commonly referred to as a “stone cold fact!” The judge determined that to be part of the case. Vechery owns all records associated with the company as well. It’s all part of the court order. He also owns whatever MAXD property Halpern has hidden in his personal safe, including the Connie Nash source code which he recently stated was “lost in the move.”
As I have shown in a prior post, Max Sound Corporation bought the source code and technology from Lloyd Trammell in a stock exchange. Greg never owned it, the company did. That’s in black and white. Halpern seems to have forgotten that he pledged all his personal assets, along with all the assets of Max Sound Corp, as collateral for all the millions Vechery loaned to Halpern personally, as well as to the company. The company now belongs to Harvey Vechery. Lock, stock, and barrel. Prove me wrong.
“Harvey Vechery has a legal obligation to fix the company.” Setting aside the admission that the company is “broken,” and thanks for that by the way, Harvey Vechery doesn’t even have a legal obligation to RUN the company. There is no legal obligation to “fix” anything. Find that for me in the law books. How would the government define the word “fix” anyway? Governments and the judiciary do not oversee success or failure in business unless and until the laws are broken. Sometimes not even then. If that were the case Halpern would already be wearing stripes.
As to the “legal obligation” comment, as I see it, Harvey Vechery has several options as the new owner of the company. Most of them are not “legal” obligations as any attorney would state that opinion if asked. He has a legal obligation to follow the rules when taking over any corporation as well as to follow the SEC guidelines. Legalities and rules aside, he could choose to strip the company of all assets and dispense with them as he likes, Gordon Gekko style. He could attempt to sell an outdated technology, close the company, walk away, and then write off his losses. On the other hand, he could choose to invest the necessary money in legal fees to correct all the wrongs perpetrated by Halpern. This includes with the SEC, the OTC, FINRA, Delaware, California, and all taxes due to everyone else on the planet. He could then pay off the auditors, attorneys, and engineers to right the sinking ship and install a new engine to propel it forward. He could also choose to appoint a new leadership team to captain the ship. Those are choices, not obligations. Especially not of the legal variety.
Moral obligation? That’s a different story. Is it a moral obligation to counter immoral activity? Calling all philosophers! But why would Vechery need to “fix” the company anyway? Because it’s been run into the ground by a rogue CEO who had no board of directors to oversee his plundering and pillaging. No adult supervision. His only overseer was the chemically distorted image of the man in the mirror and an imaginary band of “force fed” marionettes on the chat boards. Because he diluted the stock to the point it would take the “gazillions” in revenue Greg Halpern was always promising to shareholders, to be able to achieve a ROI for anyone with stock in MAXD. Because Halpern spent more of his time monitoring and manipulating the chat boards, not to mention authoring fantastical 8ks and making up fake deals to pump the stock, instead of doing his job “fixing” the company. I wonder, for the last 14 years, what was HALPERN'S “legal obligation?” Isn’t he responsible for the status of the company delivered to Vechery by the court ruling? Some might even say Halpern's14-year agenda was to enrich himself and that he's the one who really “screwed the pooch” for the long-term shareholders.
“so HV doesn't get sued by the shareholders....” There it is again. The real agenda for Greg & the Halpernettes. The imaginary class action lawsuit. The only way Halpern thinks he can “win” money for himself is by suing the man who actually has some.
I have no idea if Harvey Vechery will be doing a reverse split or not but the reason it’s brought up on this site is an obvious one, because it’s a logical option for a publicly traded company to consider.
Most owners of publicly traded companies would be forced to consider this option if they were in MAXD’s position. Why? Because the stock has been diluted beyond belief. Because Greg Halpern is a failed businessman who continued to borrow money instead of earning it the old-fashioned way. Because there were no revenue deals in 14 years of failed attempts. Because toxic note holders would convert their notes into shares and then dump them with machine like precision with no concern for the shareholders.
Harvey Vechery was the opposite of a toxic lender. He bought out all the toxic debt, at the request of MAXD management, to help the company. He then held the shares instead of selling, which was for the benefit of the shareholders. The assumption has been made on the boards that Vechery converted all his notes and then sold but that is not true.
Meanwhile, Halpern kept going back to the well and authorizing more shares. Then he would go back and borrow more money against them and the vicious cycle would continue. On the other hand, Harvey has not sold his shares and has not converted all his notes. He locked down the shares with the transfer agent to prevent Halpern from making any more desperate moves. Vechery was not only thinking of himself, but the shareholders as well when he filed suit against the Halpern and the company. At his own expense I might add.
Doing a reverse split has a purpose if done properly. It is a proportional transaction based on percentages. The result is that you have fewer shares, but their value should be higher if the company does their job properly. Timing is important, yet I don’t see the logic when a stock is on the Expert Market and shows a thousand zeros as the current value. .
There are also issues such as who will invest in a sub-penny stock as many market makers won’t even deal with stocks in that category. My point is there are reasons to consider a reverse split, but the timing of that move would be important. There are also reasons not to split. I have no way of knowing if that’s even being considered. I do know it was considered in the past for MAXD for all the reasons mentioned.
That'll be an interesting thought....
Harvey Vechery has a legal obligation to fix the company,
but what he doesn't know,
is that he doesn't own any of the technology....
Imo, sadly nothing happens,
except going through the motions
so HV doesn't get sued by the shareholders....
Believe it or not;
Harvey Vechery's agenda
"screwed the pooch"
for long-term MAXD shareholders....
"the financial wastelands of Zimbabwe" LOL!
The big question will HV try to help existing shareholders or do a big RS to get rid of them?
Here are the holiday weekend facts:
The court date for the judgement against Greg Halpern and MAXD was January 11, 2023. The court date for the relief hearing was April 28, 2023. Greg Halpern did not hire an attorney to represent him for either court date. Greg Halpern did not show up personally to represent himself for either court date. Greg Halpern openly made light of the court case on his Hoodwinkers website and in online posts.
The fact that he did not show up on these dates, as was the same with every Halpern court date in the past, speaks volumes to his overall disrespect for the rules of business and the judicial system. It also indicates he knew he did not have the facts on his side to sway the court in his direction. The fact that he did not even hire an attorney, in an attempt to block or delay the verdict, indicates he was unable to afford one. It may also indicate that he had no “Japan Deal” to present to the court as evidence he was capable of remaining in office. The comments being made on the boards seem to indicate he didn’t even inform Team Rurouni of his impending fate. Greg Halpern is to blame for all of this, not Harvey Vechery.
The Minute Order from the court was posted online April 28th. Until the final order was processed and posted by the court, with “minor adjustments,” the Vechery legal team could not move forward in any area. The final order was posted late in the day on May 18th and the court was contacted shortly thereafter for specific guidelines and clarifications not mentioned in the order. For that reason, the “Vechery Team” did not take over in April, as has been mentioned on this site. Even a beach attorney knows that is the case. The new mantra of “it’s been four weeks and no news” is both inaccurate and misleading.
I’m sure the new ownership will officially post news, as required by the SEC, when they are legally able to do so. Pushing for answers before the proper steps are taken smacks of an agenda, which we all know is the case. MAXD is on the Expert Market due to intentional moves by Greg Halpern. For that reason, it cannot be bought or sold expect through specific traders. Therefore, the reason to be pushing for immediate answers, after 14 years of wandering the barren financial wastelands of Zimbabwe, is transparent.
Followers
|
328
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
39841
|
Created
|
10/08/09
|
Type
|
Free
|
Moderators grantastic |
3525 Del Mar Heights Road # 802
San Diego, CA 92130
(800) 327-6293
info@maxsound.com????? C. ???
MAFIP
red@mafip.org
John Blaisure
John Blaisure is the President and Chief Executive officer of Max Sound Corporation. Prior to joining Max Sound Corporation, Mr. Blaisure was the Founder, President, and CEO of Effective Network Systems (ENS). Effective Network Systems was a telephony software company that debuted at the Intel Technology Summit in 1999 as one of the top 40 telephony software companies in the world. Prior to his work at ENS, Mr. Blaisure was the creator of Fonz by the day stores, a cellular communication reseller and retailer in Dallas, Texas. The stores achieved great success and became a market leader throughout the Fort Worth area.
Mr. Blaisure brings over 20 years of experience in strategic planning and in the marketing of communication technologies from the ground floor up. It is because of this extensive resume that John has been able to envision MAX·D HD becoming the standard in audio technologies.
Greg Halpern
Greg Halpern became an International Gold Medalist in Judo and an Author in the late 70’s, spending more than three decades since as a pioneer of innovative emerging inventions and technology transfers which he has played the critical role in bringing from conceptualization to reality and commercialization. During his 36-year career, Halpern has provided savvy management, small business infrastructure, significant funding and substantial intellectual capital to bring important and timely life-changing technologies to market through all phases of the commercialization process.
In the 80’s, Halpern was featured in Omni Science and Venture Magazine among many other media features for pioneering Computer Animated Imaging and Electronic Anesthesia to which he received various patents and trademarks and also appeared on the Oprah show.
In the 90’s Halpern developed early search engine algorithm software and successfully launched the first true crowd funding - raising three million dollars online in a week. The S.E.C. cleared offering was featured on CNN.
From 2000 to present, Halpern was the Principal owner of CGI Capital an NASD Member 5k Broker Dealer, the Chairman & CEO of Circle Group Holdings Inc. (AMEX: CXN) and Z-Trim Holdings Inc. (AMEX: ZTM) where he designed and built a green plant to produce a USDA food ingredient breakthrough and is the current Chairman of the high definition audio company Max Sound Corp. (OTCBB: MAXD). Halpern also developed Fairplay, a DRM solution component of Veridisc, which was sold to Apple as a piece of their media ecosystem.
For his diverse efforts, Halpern and his innovations have been featured on most major TV and radio networks and in many major publications including books by celebrities such as Dr. Oz. Famous leaders in several industries have endorsed and worked with Halpern and his innovative ventures including Steve Forbes, Al Gore, Wes Clark, Steadman Graham, George Foreman, Larry King, Mick Fleetwood, Pitbull, SBA Chief Hector Barreto, Congressman Michael Oxley and Congresswoman Sue Kelly who brought him to congress to testify on ways to improve small business in America.
Halpern has worked extensively with agencies such as the FDA, USDA, USPTO, FCC, DOE, DOD & SEC and is an assigned inventor on 31 patents issued or pending.
On the side, Halpern is the backer for his daughter's band KI and finalizing books and movies for his own story 13 Lives.
* In the past year, it has become clear which markets will give us the fastest acceptance and the quickest realization of our collective dreams, consumer adoption, brand awareness and financial success. Every day my team and I are focused on creating revenue events with big name customers and their associated partners. As we pursue and conquer these opportunities, it will be clear to our shareholders, manufacturers and content providers -- that consumers prefer the audio perfection created by MAX-D HD!
*Ask yourself -- "What would Max Sound's value be if consumers all over the world realized how MAX-D HD provides a far better audio experience?" You probably have an idea what that value could be, which is probably why you first invested in Max Sound Corporation. We have an idea too, which is why we keep investing our time, energy and financial resources (over seven figures has already been invested by our founders). I have personally invested four months of my salary purchasing MAXD stock in the open market, because I strongly feel our shares are severely undervalued. Our goal is that everyone will know about MAX-D HD and everyone will know about MAX-D stock. Right now the investor audience is small, but as you'll learn below, we think we now have the necessary elements for our shareholder base to grow substantially in 2015.
*Our sales and marketing teams are laser focused on penetrating the smart device industry, content streaming industry, auto industry and the television and film industry (post production audio for movie companies). The development team has concentrated on enhancing the existing MAX-D HD API, while developing additional API interfaces. The MAX-D API can be deployed across all streaming platforms along with most audio/video web based services. MAX-D HD can now reside in audio hardware (speakers and audio receivers -- such as car smart head units).
* One accomplishment in Q4 of 2014 was the completion of testing for Industry MAX-D HD Audio Boxes. I'll talk more about that below.
* We've also completed the initial development of the MAX-D Accurate Voice. Not only does it dramatically improve voice quality on cellular devices, it also has the ability to improve voice recognition in homes smart devices and auto infotainment systems.
Market Value | $3,885,855 | a/o Apr 15, 2016 | |
Authorized Shares | 1,650,000,000 | a/o Mar 24, 2016 | |
Outstanding Shares | 647,642,452 | a/o Mar 24, 2016 | |
-Restricted | Not Available | ||
-Unrestricted | Not Available | ||
Held at DTC | Not Available | ||
Float | Not Available | ||
Par Value | $0.00001 |
https://www.otcmarkets.com/filing/html?id=15418949&guid=d6IwkHLSAQbdB3h#MAXD_EX101_HTM
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |