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Maxim is selling down with all they have! Why? How can they sell what they do not own?
Aloha, your nuts... just my opinion... but i value it more highly than yours.
Luther,
We need to seek and ask for a shareholders meeting.. If you like me are concerned, want anatabloc to be available again,.. and out of this toxic financing that has rewarded the Maxim's of this world for shorting the hell out of the stock.. then we need to be heard.. we should be able to vote and while I don't know if I want a change of control.. considering all, that might be poison pill worth swallowing to get management who is responsible to the shareholders.. I am not liquid enough to want to do this on my own, but I could probably swing it without breaking a sweat in a few years.. too much tied up in other ventures at the moment.
rickotto, you come off as a real cry baby. I am long.. and down and believe rsi does not lie, so cry me a river, you should have stayed the course.
Anyone want to call for a shareholder meeting? Depending on how many shares outstanding.. anyone else think they may have to file a 13d? Don't want to trigger poison pill, but I want my anatabloc and want out of bad convertible debt deal. What would it take percentage of ownership wise to give Jenkins the boot and get out of the bad financing deal?
Will Maxim stay or will he go now? Maxim all by himself.. at .0175... will he pull back?
Here comes Maxim back at bid of .0179... but I think he is weaker now than ever... starting to smell blood. hmmm.. maxim is food... not a friend.
Maxim must feel his work is done.. He killed rally, drove stock price ask from .0225 to .0175 and with nite and cdel joining him in putting pressure on stock around or below .018, and some retail selling by etrf, Maxim has jumped back to a quarter.
Notice how Maxim even though not as loaded will pounce to drive stock down on any sign of weakness.. here he is taking out .018 bid... but watch, as soon as others lower ask.. or are close to his.. he most likely will step back, which shows some weakness.. but he has killed the rally... just like yesterday might have rallied and he helped drive stock down in first few minutes... hitting large bids a few times if I am not mistaken.. then took most of the rest of day off.
Some of that was from Maxim... his goal is to kill the rally... once he feels he has done this.. maybe not having unlimited future stock anymore... he should step back like yesterday
Apostle, I think once he gets selling started, he pulls back since he does not want to sell so much as to keep price down so if RCPI needs to pay principal and interest with stock, he and his clients Hudson Bay and Aldi get more and more stock issued to them and they never have to cover their shorts.
Maxim, and maybe if in cahoots with Hudson Bay and Aldi is going to take a hit if RCPI stops paying them with shares of stock, that it sure appears they have pre sold... naked shorted. This could mean they have to buy back millions of shares they will have to now buy. Turnabout is fair play, lets see them run out of shares and see what happens. If RCPI cuts them off we could rally to double digit cents in no time.
But, Maxim is sticking its neck out big time ... if share flow from convertible debts dries up.. it may have to buy back multiple millions of shares.. high risk here... if Maxim had to buy shares it has pre sold, and shares never show up.. what then? How high could this fly?
Maybe, Maxim knows it will fly... and a few of the other market makers were complicit in running stock down with naked shorting, so this gives its cronies a chance to cover?
What does it profit Maxim to lower price of stock? They jump in at at .020, then lower it to .19.. .18.. get hit so raise to .19.. but keep pressure on.. before they did this I think they hit a few of the bids too... can anyone find out? The only reason to lower stock price, and NEVER buy is that they are getting compensated to do this, which is unethical at least and maybe illegal.. once others jump in to sell, Maxim pulls back.
How long has Maxim killed enthusiasm for? That sell off they were large part of yesterday and then early in trading today seems to have killed any real buying interest in the stock so far today since twenty minutes into the trading day. How long until interest recovers and how long until it goes enthusiastic again? Thinking this might take another day or two, thoughts?
What is fair price and market cap? Thinking this has went down far beyond where it should have. But what would be a fair market cap? I am thinking about ten million until they complete a phase two study, then it could double. Now price depends on how many shares are and will be outstanding. If 40 million shares outstanding, fair price today would be about a quarter. It was selling for twice that just two and a half months ago.
The IP that RCPI has is real and is not a scam. The science is real. Mullan is doing okay with the science side, but they do need better financial expertise and hopefully this bad deal leading to price decline that has went was too far to downside will lead to the company finding someone competent to deal with the financial side of things, hopefully they will take Hudson Bay, Aldi and Maxim to court and get out of the bad deal and be compensated for the shady and manipulative dealings by the parties to the convertible bond financing and hopefully they will raise the capital in the real market, and maybe find someone with integrity and skill who can sell stock in company at something closer to what it is worth, which is far north of where it is now trading, fully discounting millions of shares of ilution in the future that should not take place and then stock price could move back up to several times where it now is.. just my opinion..
How much does RCPI rally if sue Maxim? If the board of Rock Creek is looking into what took place, they should be able to sue Maxim and get return of 1.8 million in fees they paid Maxim for convertible note financing that becomes toxic if someone like Maxim applies pressure to move price of stock down and trigger anti dilution covenants of agreement, which increases shares outstanding, and if done deliberately and in bad faith is clearly contrary to what was agreed upon. If Maxim intended to get price to drop and stay down for a day at lowest possible price for themselves, Hudson Bay and Aldi, it sure appears so far, so good... for today, but their day will come. Can anyone confirm actual shares of stock issued and outstanding confirmed with company? Why no filings for issuance of stock by company if stock issued and outstanding has increased recently as rumored, but not confirmed on these message boards? Can Maxim acting in bad faith allow rcpi out of financing deal with hudson bay and aldi (who appear to be complicit in this and certainly have benefited at the expense of common shareholders)? If make whole penalties for known stock equity violation cut off funding and cost rcpi about $650,000 in make whole amount... how much does rcpi and shareholders stand to make in make whole amount and penalties for stock manipulation by Maxim with Hudson Bay and Aldi to more than double and maybe triple outstanding shares unjustly enriching themselves from their schemes?
Why does Maxim sell to MM's at close?
This is speculative, but, what if Maxim has arrangement with other market makers to sell them stock cheap near the close in return for them participating in selling the stock down with Maxim during the day? It appears that Maxim sells to other market makers near the close of each day, and yesterday this volume was unusually high. Is this legal? Is there anything the otc market can do to stop it? The only reason I can see for this is Maxim is being compensated for driving the price down by the convertible bond holders, since this allows them to get more shares of stock each time the company makes a payment to them with stock. Neither Ted Jenkins, nor Stephanie Prince at investor relations firm would answer my questions in email form, and Jenkins would not give me the time of day after I complained about what Maxim was doing, other than to give me an insulting email where he was too busy, refer me to Stephanie Prince and get this, attach Maxim research on stock.. to add insult to injury as it were.. I complained about Maxim and he gave me a research paper by Maxim... pretty bad.. please anybody here who has gotten answers, please share... and what is this $750,000 tranche talk.. I have read the SEC filings, but cannot get my mind around this.. I don't see it in the SEC filings, but saw $750,000 released from reserve accounts early in last reported quarter... What is Co to pay monthly with most of money from financing in restricted accounts not yet released? Any thought our replies and especially those from speaking with company appreciated... My take... IP is worth about 50 million... debt is about 30 million... so if company would stop diluting the heck out of the stock, stock should be worth ten or twenty times what it is now trading at, but I do see dillution.. but stock price which contributes to it, is not making sense to me... too low... rsi too low.. Maxim by applying selling pressure appears to be causing stock to break all sorts of oversold records and if they would back off... stock could triple in a matter of days.. thoughts?
Maxim, potentially Hudson Bay and Aldi, are clearly naked shorting the stock, possibly in bad faith so that they can get more shares thru conversion. They should be reported to finra and the sec.
Hooray for Maxim, they are at the low ask, hooray for maxim they are without any class.
If anyone gets any info from Ted or that gal at IR firm, please share it here.
lowered ask from .0326 to .028 in last fifteen minutes
Maxim is back to selling again
Maxim group lowest bid and highest ask.. not making market so far today. bid 0.0001 and ask is at 8, are they holding back like a few days ago or did they get a cease and desist order?