Maxim terminating coverage is great news!!
If not related to company taking action, and it might be, it sure will not get in the way of suing Maxim.
Lets hope company sues Maxim. It should be open and shut case of clear downward stock price manipulation. Company paid Maxim almost 1.8 million in fees to arrange financing, which Maxim clearly violated, not acting in good faith and leading short selling downward price manipulation for more than three months now, maybe dating back to June of 2015.
In terminating coverage Maxim disclosed:
Maxim Group makes a market in Rock Creek Pharmaceuticals
Maxim Group managed/co-managed/acted as placement agent for an offering of the securities for Rock Creek Pharmaceuticals in the
past 12 months.
Maxim Group received compensation for investment banking services from Rock Creek Pharmaceuticals in the past 12 months.
Maxim Group expects to receive or intends to seek compensation for investment banking services from Rock Creek Pharmaceuticals
in the next 3 months.
An affiliate of Maxim Group beneficially owns warrants/shares in Rock Creek Pharmaceuticals
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