I'm not going to give you advice on buying or selling because that's for you and only you to decide. However, nobody forced EMAX to issue those PR's, or the dates the dividends were promised. These PR's came directly from the company. The question for shareholders is, when management from any company makes promises that don't come to fruition, should management be held accountable?

Dividends were first promised by the end of July. Then the dividends were promised by August 19th. Still nothing....strike 2.

You guys can chart EMAX to death. Like I said before, charting and technical analysis is only a tool, and it certainly doesn't predict the future. It can be helpful, but only when it's backed up with solid fundamentals. However with EMAX, no financials have been released since the end of 2010, and therefore it's impossible to quantify EMAX fundamentally. So IMO, if you're giving any weight to a technical analysis either pro or con, you're wasting your time.

The IPO market is dead right now too. Everything is on hold. The SEC now is also really looking closely at all Chinese reverse mergers because so many investors have been burned by them. I could go on and on but it might be easier for you to read up on the whole Chinese reverse merger craze. Just Google it and read up.

A market cap of $45 million dollars? Sales are zero. Talk about irrational exuberance.

Are you guys still praying for a reverse merger? The entire IPO market is on hold, and reverse mergers are completely dead given the market realities.

Charting and technical analysis is a tool. While it may be helpful to give a perspective, charts are lagging indicators. So if you find it helpful to look in rearview mirror, ok. Charting and technical analysis however, does not predict the future.

The company's balance sheet lists assets in Gold Rush investments of almost $4.9 million dollars, and also has listed assets to the tune of almost $16 million dollars in goodwill. If you think that makes sense, good luck to you.

Prof....these questions were not asked by me yesterday. If I had asked these questions, I would know. Now you guys have been posting about all the due diligence you've done, but whenever I ask I question, nobody seems to know the answers. So if nobody knows the answers to these questions, I think you'd agree that there is a lot of due diligence that hasn't been done.

A couple other questions.....I noticed that on EMAX's balance sheet, they list assets in a company called Gold Rush Investments in the amount of $4,873,100. When I did a corporationwiki.com search of this investment, I noticed one of the partners listed is a Brenda Weber (see link).

http://www.corporationwiki.com/Florida/Kissimmee/gold-rush-investment-group-inc-3227045.aspx

So I'm wondering, did Rox's husband have a sister?

Also, I checked on a Karen Schoen who the EMAX's website lists her as a VP. When I did a corporation wiki.com check, interestingly enough it comes back as being connected to 2 companies, Green Building Group, Inc., and Affordable Green Solutions.....with addresses listed in Chipley, Florida and Kissimmee, FL.

http://www.corporationwiki.com/Florida/Sunny-Hills/affordable-green-solutions-llc/26712244.aspx

No, I didn't ask these questions yesterday. If I did, perhaps you could provide the link? I just think it's strange that the company is headquartered in Salt Lake City, operations are in Orlando, and the company's phone number is in Chipley, Florida.

Well Prof, I have been using corporationwiki.com, as well as Google Maps, and I do have more questions. Since you guys have done so much due diligence, I figure you have all the answers. Now, I noticed the corporate headquarters address for EMAX is in Salt Lake City. The address is the same exact address as EMAX's transfer agent. Except from what I can tell, all of EMAX's operations are in the Orlando area of Florida. And what is even stranger, when I checked on EMAX's phone number, the number comes back to Chipley, Florida which is up in the panhandle of Florida. So yeah, it does raise a lot of questions in my mind. But then you guys probably know the answers to these questions?

I was doing more research on EMAX as well as the company's principals. When I went to corporationwiki.com, I noticed a company that is connected to a Matthew Weber and a Roxanna Weber called Legends Holdings, Inc. When I went to Google Maps to check out the address of the company, Legends Holdings, Inc. the company's address is a very large house in a gated community in Orlando. Whoever lives there, and whatever Legends Holdings does, they must be doing incredibly well. Does anyone know anything about Legends Holdings, Inc, and was Matthew Weber Roxanna's husband?

How is that dividend working out for everyone? Aren't you glad you've received it into your accounts? What a sense of relief. Go Roxy.

Yes, Corporationwiki is your friend. You can see the web that is EMAX, and what's most interesting is going to Google maps to see a satellite view of each listed address, and even check out some of them on streetview. Very enlightening.

EMXC's music partner looks extremely weak. With only $29,433 in sales, it's obvious they've never executed much of anything. I'm not kidding but, most blue collar workers make more money.

Sorry Jeromey but I thought Rox promised that the dividends would be received no later than today.

Has everyone received their dividend today?

As retail prices keep going lower for solar panels, the technology becomes more affordable. Good for the consumer, bad for American solar manufactures.

From a demand standpoint solar may be doing well because retail prices are dropping fast. Unfortunately for American Solar companies, the Chinese are dominating in solar manufacturing and investment.

Solar is huge now? Pull up a 6 month chart on the biggest solar company in the US.....First Solar FSLR. Then take a look at what used to be a one of the biggest in the US, a company that did have a market cap of over 4 billion dollars. Look at a 5 year chart of Evergreen Solar.....ESLR.

Is there anyone who received their "dividend"? Anybody?

EMAX's new partner EXMT, according to their most recent financial statement has TOTAL yearly sales of $29,433. My sister in law had sales almost 4X larger selling junk on EBAY. Do you guys really think EXMT is a game changer for you?

I couldn't agree more. MPIX is on OTCmarket's Caveat Emptor list, and GMND is on the Pink no information Tier. The question I'm asking myself is, why is EMXC involved with companies that provide no information and therefore zero visibility? If these partners are so gosh darn good, why don't they report anything? It's like a magical mystery tour in my opinion.

MPIX is on OTCmarkets Caveat Emptor list. I'm curious, how does anyone attempt to do even the slightest due diligence on MPIX when zero information about the company is forthcoming from management?

Yeah you're right about that Prof. Just because a company has figures in their financial statements, it doesn't necessarily mean it's factual. We all remember Enron, World Com, HealthSouth, etc etc. However, when a publicly held company files a financial statement, investors have to make certain assumptions., i.e., that the information being supplied by the company is accurate and factual. Unless of course the company restates later. But when a company releases it's financials, investors have to have trust that the results are accurate.

I'm just pointing out facts as I see them and offer my opinion. Now financial facts you can't dispute because they come from the companies themselves. And opinions of course are just that, opinions. You're certainly entitled to form your own opinions too.

No, operationally they are not in the green. They're net cash from operating activities shows a loss of -$942,002, and they're showing a loss of over $1 million.

Yes I am sure because I just double checked EXMT. They had total sales of $29,433, $339 cash on hand, and they posted a net loss of $1,081,329.

In regards to EGI, I suggest you go to their website at egilabel.com, scroll down to the bottom of the page and click store. Tell me what you see.

I was checking out EMAX's music partner EXMT latest financial statement. Total sales of $29,433 and $339 cash on hand. This is just too funny.

Indexes rolling over. Expect it to continue.

Where is AVVC's mobile text prototype? The company has been promising it's prototype for years, and in it's last SEC filing the company promised a prototype by July 2011. Promises made, promises not kept. There was no announcement to shareholders that it was going to be delayed. In my opinion, if the product prototype was going to be delayed once again, management should have provided disclosure.

Just a FYI, yestereday 8-15-11, a SEC Form NT-10-Q has been filed which means it's financial filings are delayed. There has not been any announcements of a merger or acquisition so it's cause for concern in my opinion.

You're right. I'm just not a guy who is motivated by fluffy PR's that lack financial substance. I care about financial results only.

I didn't write the company's financials, you can read the facts yourself. As of December 31, 2010. On page 3, please note the company also has $15,971,291 worth of goodwill.

Checkout EMAX's Consolidated Statement of Stockholdlers Equity. If you download their last financial filing you'll see a Paid In Capital total on page 18. Investors have paid in $46,140,616, and even after all this investment, the company had total sales of $460,000, and had just $24,500 in cash and cash equivalents. These are facts that cannot be disputed. If you think I'm just a basher, please go to the company website, click the investors tab, download it and read it yourself.

Yes, audits do take time agreed. However, we've only received unaudited financials in the past, and the last financial report wasn't even audited. It was an unaudited financial report for 2010. Certainly audited financial results would be most welcome. So here we are in mid August, 1st quarter ended on March 31st, 2nd quarter ended on June 30th. How about releasing even unaudited financials for the 1st and 2nd quarter? Surely by now, management knows at least the unaudited results from those quarters.

StormKing you're right, I misread the statement. However, a drop of 31% in revenues from just a quarter ago seems to me anyway to be an even worse indicator. It's one thing to drop 31% over an entire year, but to do it in a matter of a few months indicates that revenues are falling off a cliff. Thanks for the clarification.

The company has plenty of time to release PR's but not enough time to release financial results. Seriously, how about releasing the financials so there is actually something that is quantifiable? Good grief.

I was just pointing out the last financial report back in 2010 because that is the only financial information this company has released. And I can't help but notice that the company's goodwill is incredibly high. Frankly as high as I've ever seen in any company relative to it's shareholders equity and market cap. Obviously it's totally your prerogative to ignore this fact.