I just spoke with Jim Grady on the phone and much more MXMI news to come!
EMail Response from The MXMI CEO Jim Grady from yesterdays Posters concerns and my 2 cents!
No News is good news when it comes to MXMI IMO! It seems to me MXMI trades better with no news! If no shares trade maybe ARCA will get bored and leave! MXMI CEO Jim emailed me last night and said the he explained the additional share float in his PR from Friday! Jims reply below to Posters Concerns!
From: "jim@maxmediamxmi.com" <jim@maxmediamxmi.com>
View Contact To: XXX
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Thanks XXXX, I made a public statement in a press release. Do you really
think I would be stupid enough to say one thing publicly and then do the
opposite? One could go to jail for doing that! All of our acquisitions are
structured with equity that requires a 12 month holding period. Look at
our valuation, at .01 a share we are valued at around $1.5 million
dollars. What social media play that is growing like we are is valued that
low? I'm not saying we should have a $50 Billion dollar value but surely
higher than $1.5 million! Plus, what other company in this space can
regular people invest in? Cheezburger Networks lolcats.com is venture
backed and forget about Facebook and Twitter! Demand Meda NYSE DMD is
valued at what, $6 billion! XXXX, there are no guarantees in life and
certainly not in the pennystock market, but we are a real company that is
building and acquiring real websites and technology! Ultimately the stock
will take of itself! In the mean time I appreciate your intestinal
fortitude and support.
AI
