InvestorsHub Logo

Urbanlegend

01/30/17 9:35 PM

#6525 RE: akika #6524

Well, I guess it could. In the sense that anything is possible. A lot would have to happen to justify a market cap with 50 cent shares. It seems highly unlikely, but improbable things do happen occasionally by definition. Just not often.

But before we can all spend our lottery winnings in our heads it would be nice to know what this so-called term sheet that hasn't yet sprung to life actually says. I think we should pay close attention to the year end fillings in this regard.

My sense is that the lawsuits with the big boys are years away from any settlement offer that would be meaningful for MaxD. But I do think the price will go up and down in the interim.

I don't know if folks like longvestor, who seem to have a handle on the toxic debt/dilution problem agree with me when I say this: but I think further dilution is a bit moot now when you have this much out and the stock is trading sub penny. Maybe at least some dead cat bounces? But otherwise it's not easy to get excited about the long term here unless you have a whimsical attitude and high risk tolerance. My opinion anyway.