Trust me, I believed in this company full-heartedly.
I still believe in what they are doing. They have a great product and are not only extending the length of lives of terminally ill patients, from my research they seem to be improving the quality of the remaining time for people as well.
That is all great. That is why I invested a large (for me, since money is relative) amount of cash in this. It is a large reason why I held onto that stock as it continued to plunge. There were several pending good catalysts that would hit at any time and bring it back up. Or so I thought. I, like many others here, lost heavily. Personally, I foolishly stuck with it waaaaay toooooo loooooong and lost upwards of 90%.
I did try to find a way to short this stock this week. I was unsuccessful. My posts have absolutely nothing with an attempt to drive the price down. My posts have absolutely no power, whatsoever. I still keep an eye on this. I still receive email notifications from the company (you can sign up for that on their website).
Seeing MAXM back in play after this failed attempt to raise the cash took me back in my mind to those horrible months of watching my hard-earned dollars take flight. That has nothing to do with how great of a product they have or the fact that I still do believe in what they are doing. It has everything to do with a horribly run business where the C -class folks have champagne tastes on a beer budget. They rely on suckers (shareholders) to continue to pour in and fund the dilution.
And I just wasted my time. You will think I am just a basher. Just like I did a year ago when others warned me as well.
Good luck to you. Watch what I say. I was wrong on this stock very often. I could certainly be wrong again. If my prediction is right and MAXM does take a pole position on the ask, just remember what I said and please consider using extreme caution.
