Today was the day MaxD once again revealed itself to be a bumbling joke, except to a wider audience, because of a leak and an idiotic late evening press release.
lol, as I understand it, they had 48 hours as of the date of the demand letter, which was the 12th. So I think it's safe to say that time ran out and nothing happened.
And in the meanwhile, the company's toxic lenders had an opportunity to dump more stock.