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.
Okay, GH is out as CEO....
So what happens to the product,
or more importantly
the shareholders????
I'm a shareholder!!!!
I'm sure glad I took profits,
little as they were,
nevertheless, profits....
Noisemakers might have gotten what they wished for,
but
what happens to the HD????
That's GH property from what
I read in this judgement....
No mention whatsoever
from the Court....
He might be out,
but his he really out,
since he holds the property....
Superior Court of California, County of San Diego
Under Register of Actions (ROA)
37-2022-00018595-CU-BT-CTL
Use the phone if you have questions.
It’s now public with details verified so I feel comfortable posting the facts. The FINAL MINUTE ORDER has been posted on the San Diego Country Court website. The words FINAL JUDGMENT AND PERMANENT INJUNCTION are printed at both the top and bottom of the page. As sated earlier, even though the file was posted by the court late yesterday afternoon, I wanted to wait until this morning to post my thoughts so I could review the documents and have input from trusted sources. For the record, there was no filing listed for Halpern hiring an attorney or submitting a motion to reconsider. That means the order has been finalized by the judge and Greg Halpern is no longer a director of any sort at MAXD as relief was granted to the Vechery Family Trust. Details will follow throughout the day. One important fact is that this judgment is as of April 28, 2023. That means everything in the order was in effect as of that day in April three weeks ago today.
Here are a few key legal phrases that caught my attention right away while reading the order: “Halpern’s Misrepresentations Regarding the Business of Max Sound.” And this one: “Halpern Does Not Adhere to Corporate Formalities and Operates Max Sound in Order to Loot Max Sound and its Shareholders.” Followed by this one: “CONCLUSIONS OF LAW: Standard for Default Judgment.” Finally, there was this one: “Plaintiff Proffered Prima Facie Evidence of the Substantive Claims Set Forth in the Complaint to Satisfy the Standard for a Permanent Injunction.”
Here is the final crescendo of the order:
IT IS HEREBY ORDERED, ADJUDGED, AND DECREED THAT:
Thus, based on the foregoing factual findings and for good cause, pursuant to Corporations Code § 304 and the equitable authority of this Court, defendant Halpern, and anyone acting in concert with him, are permanently enjoined and restrained from, directly or indirectly, by use of any means or instrumentalities:
A. Serving as a director of Max Sound for a period of five (5) years. Moreover, Halpern is hereby ordered removed as a director of Max Sound as of the issuance of this Judgment.
B. Seeking reelection as a director of Max Sound for a period of five (5) years.
C. Making false statements about his relationship with Max Sound, including by holding himself out a director, officer, or agent of Max Sound.
Additional facts from the FINAL JUDGMENT AND PERMANENT INJUCTION:
“PROPOSED” FINAL JUDGMENT AND PERMANENT INJUNCTION. The word “proposed” was crossed out by the judge. This indicates a final and permanent injunction.
“As pled in the complaint and support in its motion for default judgment, Plaintiff's claims merit entry of judgment and a permanent injunction. Based on the evidence presented by Plaintiff, defendant Halpern has engaged in conduct in his capacity as a director of defendant Max Sound constituting fraudulent or dishonest acts or gross abuse of authority or discretion with reference to the corporation.”
“The allegations in the complaint and supporting evidence submitted with the motion for default judgment establish that Plaintiff is entitled to an order removing Halpern as a director of Max Sound, as well as attendant permanent injunctive relief to stop Halpern from using his majority voting power to re-elect himself or a proxy into the directorship of Max Sound.”
The source of the information always makes it a dicey situation. I wish the source was somewhat reliable.
I hope someone can clear up the extension confusion.
GH is now out promoting his CEI talents for private board meetings. The index is important.
MAXD
GH has made several claims, and of course they are all BS. I knew there would be no filing and no news. He has nothing.
The NT 10-Q was due on 5/16/2022. What kind of extension are you talking about?
What would he talk about? I'm still waiting for pictures and videos of his Japan trip.
I agree with MD1941 that the Expert Market was an act of intentional sabotage designed to buy time for Halpern and delay or prevent forensic auditing. Unless it’s classified as a vengeful act from a desperate man on the run, there is no other purpose for this transparently dishonest maneuver. Attempting to paint it as a brilliant and creative strategy by an SEC rules expert masquerading as a CEO is nothing more than creative storytelling and revisionist history. Halpern may be “playing by the book,” but it’s a book he wrote, and the SEC has never read.
A simple field trip to EDGAR will show the date of the infamous 8k filing was November 21, 2022. To clarify, Halpern had filed the extension request on November 14, which was the day before the third quarter 10Q was due on November 15th. The extension meant the report was due on November 21st. Instead, Halpern filed the 8k in place of the 10Q on November 21st, the day the late 10Q was due. In other words, he never filed the third quarter 10Q. Nor did he file the 4th quarter 10k, nor the first quarter Q. In Halpern’s mind, the filing of the fantastical 8k eliminated the requirement to file all three reports.
The 8k was filed on November 21, 2022. Unless I’m mistaken, the SEC/OTC placed MAXD on the Expert Market on or around January 19th. In other words, the SEC/OTC reviewed Halpern’s 8k, checked to see of the other three filings were updated, and then placed MAXD on the EM because of the non-filings. One action followed the other.
Between the OTC Markets and the SEC, Halpern was warned, in writing, in advance, they would place MAXD on the Expert Market if the filings weren’t brought up to date. I saw the warning on OTC Markets with my own eyes. Halpern may have thought the filing of the 8k would eliminate the need to file, as per the report requirements, but that’s not the case. If so, the SEC/OTC would not have placed MAXD on the Expert Market. I believe it was Halpern’s intent to allow the SEC to downgrade MAXD, but not because he was coming to the aid of the poor manipulated shareholders, but for his own purposes. That was always Halpern’s MO. Baseless promotions to promote the share price for his own benefit.
To summarize, Greg Halpern did not place MAXD on the EM to protect innocent shareholders from evil manipulators, MAXD was sent to the penalty box for breaking the rules. Following along with that logic, MAXD is in danger of being de-listed by the SEC if the reports aren’t brought up to date. 8k or not. As my mother was fond of saying, “Better to be slapped with the truth than kissed with a lie!”
Even Channel Greg is not talking about Maxd anymore. What a total crap show this is. This looks like a total scam.
Shocker, GH puts something in a filing and does not deliver. GH never delivers, what a bunch of total BS this is. Literally a complete joke.
It's already been said that an extension was
coming today and not any filing....
Nice guess....
There is zero chance that a filing comes out today. Zero.
Well it appears Greg has one or both hands full practicing his excellent efforts in CEI and applying these things he has learned to the operations of the MAXD Corporation and bringing these talents into the boardroom. I do not yet know what the applied Index is for MAXD, but in my opinion, with Greg as point man (or should I say person ?), MAXD should have some interesting board meetings and I believe all present will enjoy the efforts of these Equalities, that Greg can use in Corporate governance
MAXD
YouTube video maker says what;)
Even his posts as Jay14 will be a violation of a Court order which is a CRIMINAL violation.... he is facing jail time for each posting as Jay14...
Lol Wow is someone in for a rude awakening!!!!lol
Over 8K posts,
all me, myself
and I
and NOT
Greg Halpern....
More hot air being blown....
So Alfred you telling me he went through all that CEI training for nothing ? Just because he he just wanted to know how, perfect those skills, and be the best CEI student he could be ?
MAXD
Anything Greg files is now a CRIMINAL offense... Greg Halpern has been BANNED from holding himself out as an executive of Max Sound Corp so anything he files is a CRIMINAL offense. We GOT HIM!
I still don’t understand these Tenchi character and the like. How is it that they know so much about MAXD along with a single board poster, yet shareholders have no idea who these people are and they and only they are privy to insider company information
Why is this allowed to continue ?
How is Greg coming along with his intense and personally fulfilling CEI training ?
I hope Greg can put these special talents to use and help MAXD propel quickly ahead without putting the corporation in a position of premature discharge of other employees or board members
MAXD
The rinse and repeat is the promise of deals that never materialized. We had fourteen years of the same shuffle. The constant failures without any explanations. The failures without apologies. When did our CEO ever take the blame? He always blamed it on others. So much for the Bushido Code!
Why check, when it's being reported,
repeatedly,
over and over,
14 years....
Or
is it thirteen years....lol
All issues with anything, then report it to the SEC....
My guess it doesn't happen....
I wonder why....
14 years
and
the same old rinse and repeat cycle,
but no reporting to SEC....
Team MAXD is sure confident for having such a bad track record. You might want to check out the last thirteen years of SEC filings. What went wrong? Why is an expert the king of a .000001 stock?
Boo hoo hoo seems like bad transfer agent,
mad like others because millions of shares could no longer
be
manipulated....
Fact:
Holding back on three SEC filings is incredibly deceptive.
Now, it's holding back....
I thought it was rule????
Now fact.... lol
Sounds like leapfrogging....
Real facts are found in the ruling set
for Expert Market....
Submit all complaints to the SEC....
The fact is that the CEO purposely put the stock on the Expert Market. In my book it was an act of sabotage. It was done without board approval.
Fact:
Holding back on three SEC filings is incredibly deceptive. I take issue with his fourteen year track record and his lack of transparency. He's also tagged as an Expert Market Listing and Delinquent SEC Reporting.
A good transfer agent would know the SEC rules for Expert Market....
Nothing is missing lol....
It seems GH is playing it by the book,
if
there's any issues
then call the SEC....
MAXD is behind on three SEC filings. Why do you think MAXD is tagged with a Delinquent SEC Reporting tag?
Missing:
2022 3rd Quarter 10-Q
2022 4th Quarter 10-K
2023 1st Quarter 10-Q
Please note that filing an 8-K didn't excuse MAXD from filing the required filings. Why do you think MAXD received the Expert Market tag? The 8-K filing didn't give him a pass! I find the whole thing incredibly misleading.
Once again, who is Tenchi and why is he reporting what “our CEO” will be filing? He has no position with the company, any more than Rurouni does, and has not been given any titles that I have seen. How and where is he getting his information? He is an imaginary character on the chat boards. Unless he is something more.
“No one is behind any filings?” This is not “misinformation,” it is fact. The prior post from MD1941 spells out clearly the filing status. Care to comment on those three specific dates? They are in black and white and make perfect sense.
You can’t counter the posted SEC public reporting requirements by posting personal opinions and accusations in a nonsensical 8k. “Read the 8K November 2022.” Yes. Go back and read the entire 8k. It is a work of fiction rivaling some of the best dime store novels. The bottom line is, “humbly” or not, Halpern can’t override the SEC requirements and make up his own reporting guidelines just to appease readers on a stock chat board.
Lastly, Tenchi states that Halpern will be filing an extension on May 19. Although that is a filing, I read that as filing an extension to file. Correct? If one goes to the OTC Markets website for MAXD, it clearly states “EXPERT MARKET. Company is not current in its reporting obligations. Under section 13 or 15(d) of the Exchange Act.” Words have meaning.
No one is behind with any filings, more misinformation to fit the agenda....
This is old news....
Read the 8K, November 2022
number (7)
The Company humbly submits that it will file its anticipated timing to return to a fully reporting status on or prior to May 19, 2023, along with updated audited accounting suitable to PCAOB rules and any other relevant regulatory compliance.
Tenchi has reported that our CEO
will be filing an extension on May 19....
MAXD is currently behind on three SEC filings.
2022 3rd Quarter 10-Q
2022 4th Quarter 10-K
2023 1st Quarter 10-Q
The 1st Quarter was due on the 15th.
The NT 10-Q was due on the 16th.
May 19th is just a random date.
It was indicated that something might happen on the 19th. We will see if he keeps to his schedule.
The little runt man needs electricity, internet access, and money. Perhaps Greg can find McDonald’s but may lack the other 2 necessary parts to file.
With his CEI talents now ready to monetize, I look for the little runt man to become popular in private board room meetings all over. Greg has become an asset through his mastery of CEI
MAXD, only the best when it comes to,CEI
MAXD should have a very high CEI, since there is only one employee
Our outgoing CEO has a big day tomorrow. Will he deliver what he hyped?
One day until May 19, 2023!
How many times did we hear about next quarter? He has another chance to see if his word means something. I think it's just another push it down the road thing. We find out tomorrow!
The little runt man needs internet and electricity in order to file successfully. With all of his newly acquired CEI skills maybe he can monetize these new talents and bring some income into MAXD to fund these needs.
MAXD
But we do agree yes that greg has mastered his CEI training and could use these talents to literally create deals and swallow up any competitors ?
His compensation for his CEI talents should be put back into the company. He could make millions with those special talents l
You say that both of you have spoken....
Ask him yourself!!!!
I understand GH
hates
stinky shrimp baiters, especially
ones that spew nothing but lies....
The NT 10-Q wasn't filed on Tuesday. What will be filed on May 19th? As of today, MAXD is behind on three SEC filings.
2022 3rd Quarter 10-Q
2022 4th Quarter 10-K
2023 1st Quarter 10-Q
Is it true Greg is making serious bank off his new CEI talents ? That should be a rather easy task for him to swallow, but the revenue should go to MAXD
IDK.... I didn't know Greg Halpern then....
But this does deserve a double popcorn for enjoyment.... Lol
Using that train of thought, didn't "bad actor" Greg Halpern get duped out of $530k plus by Connie Nash?
Bad actor's getting duped out of 120K
by Constance Nash is a better story....
The board poster began the post with the words “Tenchi quote,” which would seem to indicate everything below was part of the overall quote, including the following: “We'll see if Rurouni was able to get the deal that JB could not get signed....” it was then stated in the follow up post: “Tenchi stated, “Get the deal that JB could not get signed?” No matter who stated the words, here is the response:
There are many reasons JB couldn’t get deals done. Does Halpern remember having all the android devices confiscated at the CES show in Europe while JB was finalizing a deal with a tech company? The same tech company who had their own phones seized at the show? While JB was working on the contracts? That’s like taking a metaphorical shotgun and blowing MAXD’s own foot off. No one would do business with a new company like MAXD after that genius move.
Then Halpern topped off that brilliant strategy by filing suit against Google. The result was that everyone in the business instantly became an infringer and wanted to be indemnified before doing business with MAXD, which would have set a dangerous legal precedent. They also wanted to wait until the Google deal was settled before doing business as they didn’t want to be in the middle of a legal death struggle. How many years did that lawsuit take again? And Halpern thinks Sony will have anything to do with him after that brilliant move?
Remember the potential deal with the big telecom company after the meeting in Vegas? JB couldn’t complete the deal because the funding, specifically provided by Vechery for the engineers, was never paid to them by Halpern. Therefore, they couldn’t complete the model for the client. I could go on, but it's easier just to blame JB. How in the world is someone supposed to complete deals when Halpern was refusing to fund R&D and was broadcasting nightly insults on his Vimeo channel? Whether Rurouni gets a deal or not, taking a shot at JB makes the comments easy fodder for detailed responses.
More misinformation of verbiage linked together....
I said the quote
and not Tenchi
but if it twists the truth for froggies leaping, okay....
Tenchi stated, “Get the deal that JB could not get signed?”
Exactly!!!!
Tenchi stated, “Get the deal that JB could not get signed?” On one hand the admission is that there’s been 14 years with no deals. That’s an incredible statement for the CEO to make when he’s hanging on by a legal thread. It’s an admission of 14 years of failure. As a company’s failure always falls on the head of the man controlling the money, which was always Greg Halpern, he should take a page out of his Samurai manual and end his time with MAXD.
JB has been gone from the company for over three years and Halpern & the Halpernettes are still blaming him. He didn’t get paid for the last 15 months he was there yet continued to work, and Halpern’s blaming him? Halpern paid himself, of course, and continued to charge personal bills on the company card, is he blaming JB for that too? He funneled the money into the Google suit and could not complete deals due to not paying the engineers. It’s easy to point fingers and blame everyone else, which is Halpern’s modus operandi, but that crooked finger will eventually point right back to Greg.
The transfer agent has been gone for 4-1/2 years and Halpern & the Halpernettes are still blaming him as well, not to mention calling him “bad transfer agent.” When is Halpern going to take responsibility for his own failures?
Once again, let’s crank up the digital disco time machine and start playing the old favorites! Unethical promoting of the company through any means possible. Remember these oldies but goodies? “Big deals on the horizon!” “50 deals in 50 days!” “Earth shattering news just around the corner,” “MAXD Land Mark a $57Million Valuation Deal,” “Just wait until next quarter!” Now we have “ Maxd finally making a deal!” and “Maxd to explode after Expert Market!” Check the market manual under the chapter on ethics. Then check with the SEC on the process, not to mention the time frame, to get off the Expert Market and back onto the OTC.
“Waiting on Rurouni.” The man with no title. The man only known as a board character. The man who has not been approved by any board member, former partner, or shareholder to represent MAXD. Yet Halpern in waiting on him. Still. Who put Rurouni in charge? Who is on “Team Rurouni?”
Another top secret deal with another top secret company. What a joke
Tenchi quote....
Waiting on Rurouni
after 14 years Maxd finally making a deal in Japan Asia with a real legitimate high profile brand name company. Maxd to explode after Expert Market!
We'll see if Rurouni was able to get the deal
that JB could not get signed....
The 10-Q filing was due yesterday. The NT 10-Q filing is due today. I don't know why his team would mislead us with a May 19th date. The May 19th date means nothing. I do welcome an explanation.
The little runt man needs internet and electricity in order to file successfully. With all of his newly acquired CEI skills maybe he can monetize these new talents and bring some income into MAXD to fund these needs.
According to the filing in December, it was no later than May 19. I will bet we do not see one.
The 10-Q filing is actually due today. Why would someone delay such much glorious news?
The word is the little runt man is now living on the street, no longer able to post his masterless samurai stories without access to the internet. One could aver that his CEI training has become an invaluable tool for his survival, applying techniques for his own self survival and nourishment.
MAXD
Followers
|
325
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
39911
|
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: |