Max Media Group, Inc (MXMI)

[pitts77h]

It's interesting to follow up on the September 14th PR:

http://www.prnewswire.com/news-releases/max-media-announces-corporate-update-and-business-agenda-129789163.html

"In regards to its June 2011 10Q Report, the Company is completing the review of the filing and expects the report to be filed shortly." More than 3 months later... nothing. I hope they do the math better than they did the last time they filed something, where the balance sheet didn't balance and the expense columns didn't add up correctly.

"A Securities attorney has been selected to begin the process of filing a registration statement for the company to become fully reporting." Removing the red STOP sign and the warning about insider trading would be a good start.

"An auditor will be selected to prepare the Company's audits and assist with a listing to the OTC Bulletin Board." LOL. See above. Uplisting? Right. First things first... learn to do basic accounting and file something that accurately reflects the company's performance. That would get rid of the stop sign.

"Some of the recently acquired BB2Live and BlackBook2 assets will be operated in a subsidiary around the 15mm subscribers..." I love that 15 million subscriber number. All those subscriber and zero revenue... ya, that makes sense.

If they ever DO file anything, it will be especially interesting to see the accounting treatment on the bizarre "acquisition and divestment" of the showroom.