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Trading Suspensions: 34-64256 Apr. 8, 2011 MaxLife Fund Corp.
http://www.sec.gov/litigation/suspensions/2011/34-64256.pdf
See also Order
http://www.sec.gov/litigation/suspensions/2011/34-64256-o.pdf
http://www.sec.gov/litigation/suspensions.shtml
In the Matter of : MaxLife Fund Corp. :
ORDER OF SUSPENSION OF TRADING
File No. 500-1
It appears to the Securities and Exchange Commission that there is a lack of current and
accurate information concerning the securities of MaxLife Fund Corp. (“MaxLife”) because of
questions that have arisen concerning representations made by MaxLife, the control of its stock,
its market price, and trading in the stock. MaxLife trades on the OTCQB Market operated by the
OTC Markets Group Inc. under the symbol MXFD.
The Commission is of the opinion that the public interest and the protection of investors
require a suspension of trading in the securities of the company listed above.
Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of
1934, that trading in the securities of the company listed above is suspended for the period from
9:30 a.m. EDT, April 8, 2011, through 11:59 p.m. EDT, on April 21, 2011.
By the Commission.
Elizabeth M. Murphy
Secretary
Anyone still following MXFD? Can you contact me?
As a former director I would like to restructure the company and call the first Annual Meeting to elect a new slate of Directors.
Let's have a poll. Which do you think will happen to Maxlife first:
A. They are investigated for securities fraud.
B. They are investigated for insurance fraud.
C. Their stock price collapses and they eventually go bankrupt without the SEC ever batting an eyelash.
D. They eventually buy GEICO off of Warren Buffett.
E. Their stock price hits $1000 and they buy Berkshire Hathaway and AIG on the same day.
Its got to be market makers covering their short positions driving this recent push. The stock is definitely on the reg sho threshold list, so the MMs would have to be forced to cover their shorts sometime.
I think the MMs probably tried to hold out as long as they could and now they are screwed and are getting forced to cover. The sky could really be the limit as they cover because if the people actually holding the stock arent selling the buy ins could keep pushing it up.
MXFD up 50% in the last two days on buyins of shorts.
Congratulations scammers. I hope you will be able to recover your souls.
Get out of it if you own it.
EAsy money has been made.
I will try shorting some on Monday.
can someone explain to me what the latest news means?
http://biz.yahoo.com/e/080401/mxfd.ob8-k.html
yh news maxwell is going to prison.
What does news matter. SP went up 19 bucks with no news? I hear the next step is between 22-24 bucks. Then between 30-40 bucks. You think I'm joking? Where's the police when you need them? If they let Maxwell Group and thier friends get away with this scam it will be the financial crime of the century. Buzzzzzzzzz.
I hear there's supposed to be news coming soon
anybody else hear the same?
$20 all time high . not bad for a scam from $1!
You know most of us buy and flip the stock so we're long gone by the time this tanks. UNfortunately for you, that may cause a short squeeze when we do that. It's okay, you can cover your losing position a little bit at a time whenever I decide to sell. You made enough on your other shorts though so it's just a tax writeoff...
No, I certainly wouldn't want you to miss out on this once in a lifetime opportunity. I mean, how often do you get the chance to buy a stock that is already up 1,800%, has a market cap of $600 million despite having only one employee. Has virtually no business, no tangible assets other than money raised in a private placement, has been written up very negatively by the gold standard in the otc world, Dow Jones' Carol Remond, has been lampooned by Forbes Informer, is being promoted by a cabal that has run several stocks into the ground, is being pumped on this board by people who also pumped those same stocks, etc.
But, of course, all of that is besides the point. The stock is going UP!!! What else do you need to know? Super strong buy!!! We all know that things that go parabolic and have no connection to reality keep going up forever and ever. This is too exciting. I mean, THINK ABOUT IT. Insurance!!! Viatical settlements!!! Are you kidding me? THIS is sexy. Oil, gold, the internet, b2b, cancer, even China--those are the minor leagues. Just THINK ABOUT IT!!! Everybody dies. One per customer. Every trader in America is gonna want a piece of this story. Wow, I'm hyperventilating, I'm getting so excited.
But somehow, when this falls apart, everyone will magically be on the sidelines. Funny how that works.
does schadenfreude mean shady fraud in german?
Just curious why a value investor has nothing to offer here? Are you trying to save me from making money?
I am a value investor.
Btw, I love all the bullish talk on this board. Buy, buy, buy. Seriously.
with all the $ you're making shorting everything, you can't afford a few bucks for an ihub memebership? :0
Your friend is a player. That is alot of money for a risky stock.
Yes sir! my friend tried to buy 4000 shares today and only got 1000 shares, this stock is AMAZING!! we are going so much higher!!!
New 52 week high
And you might be down more than 100% now ?
Makes sense.
re" is he shorting the stock?
he must be, he sounds like one unhappy camper, why else would he be upset?
Is he shorting the stock?
The shorts are stuck here.
How do you know so much about Max Life?
Nice city DC.
nice, just broke 52 week high
looks like trouble for the shorts this week
schadenfreude, it's not looking good for you
buddy!!!
Mr. RSPG questioning my credibility. That's rich. The nice thing about message boards is that the posting history is there for all to see. You've posted on RSPG and MXFD. You said you were buying 20,000 shares when the price was ~1.50 so that makes you down more than 90%.
I've issued warnings on about 25 stocks over the last two years. Eight are down at least 95% since I warned on them including:
EVCC, PLRO, QEGY, VOYT, BROG, TNEN, BZCN, and EVCC.
In addition, four are down at least 99% since I warned on them including:
CFUL, RCTY, NXGH (GHLT).
SGCR, SCEY, FXPE, SOEN, NNRI, OCTL, BNVI, RMDX and RVNG are all down much move than 50% as well.
A pretty amazing track record, no? Once you've seen hundreds of scams, they become pretty easy to spot. MXFD is as bad as any I've come across.
So congrats on your illgotten paper gains in MXFD. I wouldn't make plans to spend them.
very close to Arlington
NO I live in Washington, DC...
and you?
Will make me feel VERY VERY GOOD!!!
as the stock will re-open at $100 LOVE IT
what made you so upset baby? are you shorting the stock?
sold too early? no money to play the market? LOL LOL LOL
I just figure the market out... i do the opposite of what you say!!! any more tips??? LOL
Are you in Toronto?
Yes you are right...
but i keep hearing good things about this company! the word on the street is... they have big guys behind them with big money!!!
The market cap is huge here.
Love it! shorts are getting KILL!!!
The run up here has been amazing
It is much more quiet now.
Looks like the promoters decided to start the weekend early. Not to worry, I've been recording all the manipulative activity.
Just for the sake of argument, what if a certain 3-letter agency (which has the power to pierce the ARCA veil, btw) took a look all the shenanigans here and decided to halt the stock. Where would it re-open? How would that make you feel?
I'm out. It was a fun ride for about a week.
I might be back if it starts to look good again.
I was told about a week ago when it was $12.00 that it was going to $25.00
well it made it to $18.95 pretty fast. Now I'm told it's going to $40.00, action starts next week
If you're long, TRLN is offering you a very graceful exit.
Even after today's drop, this stock is up almost 1,700% and the market cap is close to $600 million.
Remember what they say about pigs...
How come this stock has done so well.
This stock has made a crazy move. Congrats.
Hey meathead, you better keep buying. Can you feel the weight?
I dont have to answer questions about this company, cause I dont care what this company does or does not do. I also dont care if the stock ends up at .05 or .10.
I know the following:
I bought some at 15.40, the stocks going nuts trading 18.58 right now. Thats all I need to know right now and the moment I sell it I will go back to not caring about MXFD again.
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