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Debt holders love the pump buying. They are dumping at .0003 today so it is game on for them..
Most stock sales here in the companies entire history were higher than the current bid which actually is the all time low for now. That means if you sold your likely in the money.. let that sink in for a moment lolol...
Lol, they release fake news once every other month. No frequency or method to the madness here. The most current release was last night. Read it carefully.
No revenues after years and billions of shares being issued every few weeks. Also, old tech, years old that no one will ever pay for. Maybe you didn't read the filing yesterday..
Max may be outta business in 3 months never mind 3 years. Did you read the financials? Yikes!!
Its Ultrs Low for a reason - consistent performance below expectations. 20M in liabilities and 100k in assets.. stock being issued by 1B or more every 3 weeks based on the 6 weeks ended 5/11. We are likely over 6B now and so news about a stock split or increase in authorized should be coming. Oh and Goog is taking then to court over the 820k owed in just a few short weeks. Maybe that should be noteworthy too.. any news about contracts will likely be fake based on past history and the fact that they have never in all these years earned $1 in revenue..
There is no OEM deal. They went to Hong Kong last October and now are year later maybe a deal. This is laughable just like the Bitcoin markets their entering. I don't believe they have any products to sell and they are definitely pushing up against the max authorized shares quickly.
Goog is taking max to court for being deficient in paying its award. Max list in court to goog over patent claims it should have known it was not entitled to.. read the filings and this all comes to a head in a few weeks from now..
Goog is taking max to court to get paid. They will not pay max anything or purchase anything of no value.
They have liabilities of 20 million and no cash. Goog wants 820k now.. lenders will shy away soon imo as this is gone to a critical state..
Zero revenue in history and now you expect a series of contracts? Any large company looking at the filing last night will not go anywhere near a company with a bankrupt financial position.
Bid support will likely decrease as ask pressure builds..
They issued 2B shares in the last 6 weeks. It qas 3.6B on 3/26 and 5.7B on 5/11 per the last 2 filings. Conversion are shares being dumped into the market. If this hits .0001 then they will be issuing over 2B per month. I think they need to either reverse split, triple the authorized or close shop. Its one of those three possibly within the next 1 to 2 months imo
If the new rules are as you state then no one would ever lend them another dime. They owe 820k to goog and are going to court over that in less than a month. You can ignore the facts if you want..
The debt holders by default are the largest shareholders so yes. Keep in mind they gave the company money and converted for a reason.. watch .0001.
Yes maybe they have another "were in negotiations" announcement..
Yes Zero revenue recorded and 3B new shares issued. These shares need to be liquidated in the market. This will take the stock to .0001 soon imo... very sad..
20 Million in liabilities and 100k in assets. I think the door is closing soon..
5.7B shares outstanding now! Doubling each qtr now...
Its been filed in court and there is a date already set...the max release was what you call fake news...
Goog settled and max owes em 820K. So far that's all we know. Max will not get off on that now.. court date to determine payment method next..
I am guessing 2 Billion. That's shares issued since the last quarterly..
Negotiations for what? The tech is 4 years old and free.. keep in mind they have been in negotiations for years with many so they say and still not $1 in revenue. We are trading 2 ticks from Zero for a reason.. lets keep it real..
Goog won in court. Max owes $820k. Needs to liquidate more shares to pay likely..
2s will only hold for another week or so without any news. Debt holders need to sell shares no matter what..
Lol for Max that would be the equivalent of about 6B shares in convertible debt...
Not a chance. If they were on a chip being launched then we would have heard about it long ago. Lots of what iffs.
They have -0- revenue in their entire history.. what if that continues?
Ahhhh Yawn....
They have been on the verge of greatness for years. Maybe this year will be different. If history is any judge then we could be doomed. It's funny, all the new investor saying we are on the verge have done their DD they say, yet none comment on the past promises, deals which amounted to -0- and all the prior press releases filled with carrots.. why do they ignore that in their DD??? Mysteries of the deep...
Ok but who can they sell too if we cant buy below .0001? Just really curious how this fundamentally works.
Case study on 4 year old tech lol
Ummmm that doesn't make sense. The funds continue to fund today and that would have stopped already if what you think eas true. So something is missing from the equation. Either way the new rules only punish the company and make it more difficult to fund the continued losses..
Then they will bankrupt. The debt holders need to convert at a discount and their isn't any tradeable discount at .0001 that they could sell at. Does this mean the end is closer to reality? I think they have to RS or it gig is up..
Getting close for the short term. I think a reverse split is unavoidable longer term and it could go lower if that happens. It looks like a sickening classic debt ridden death spiral..
Banging all time lows again. Let's all sing now..
Lol, yes I bet. There is only 9k on thr bid now. Bring it on..
There is a massive dump in progress and that's funny? The debt is like a ton on bricks..
Samsung you say??? Lol
They are cutting edge and Max has its tech out in the market for years and for free..
I guess we can continue to hope..
What contract? With who? They have never had $1 of revenue in their history and they have been involved with Qcomm for years.
More whales coming in today. Good sign :)