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Saturday, June 23, 2018 11:23:27 AM
The last 8-k stated 2.7 mil in convertible debt remains down from 6.6 mil. DEBT and NOT preferred or warrant shares..,
Gotta wonder since MAXM was underwriter and they probably got a few warrant shares or preferred for “services”... but did they drive pps down to eliminate Convertible debt and fill the coffers of their shareholder network with cheap diluted shares?? With cash situated and only preferred left for conversions, a sudden “flip of the script” or let’s say actions such as 2 plane demo, partnerships, presentations st conferences can drive significant investor interest at 2 or even 10 or 20 million valuations...
Much more difficult to garner interest in OTC stock trading in 100+ mil range.
Would not surprise me to see positive 8-k or news early Monday before Tuesday conference and maybe additional news..
As you suggest any RS at these levels is going to not net much higher price that won’t immediately be shorted or sold off and psychologically not very interesting for potential new investors.
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