Max Sound Corporation (MAXD)

[KeepItRealistic]

Past dilution is a moot subject

As the company took action to stop it and L2 confirms it has indeed stopped

Yes there was heavy past dilution through BMIC at 2/3 and it was visible on L2 with 6 digit double prints, x-trades and t-trades. However its clearly NOT present now.

Also it was confirmed by company that dilution has stopped more than 6 weeks and counting from the tweet below.

The correct number of MAXD shares issued for convertible debt or sold to the market for at least the last 6 weeks is ZERO. The notes that were responsible, as you may have seen from the recent release, were acquired by our largest investor who will never be a seller to the bid.

— MAX-D Audio (@MaxD_Audio) June 14, 2018

And it was also confirmed via PR

“The Company is very happy to announce that its largest investor has taken assignments of the Company’s currently convertible debt.

On May 31, 2018 the Company’s largest investor began purchasing Max Sound’s debt from various note holders who had notes that were eligible for conversion.”

https://globenewswire.com/news-release/2018/06/06/1517503/0/en/Max-Sound-Corp-Investor-Update-Shareholder-Takes-Assignment-of-Convertible-Debt-Executives-Begin-To-Buy-Back-MAXD-Stock.html

Dilution is not the issue now

Since June 6th
https://ih.advfn.com/stock-market/USOTC/max-sound-corporation-MAXD/historical

Over (2.3 billion shares) churned at 4 or 5 without dilution.

With a float over 5 billion, it takes lots of volume to work your way out of the trip 2/3 channel especially when it was parked there for many weeks when dilution was present.