The idea that MaxD is demanding that market makers first buy their stock up, and then buy up the stock in microcaps generally is laughable. Also laughable is the idea that the operators behind MaxD speak for all microcaps.
My working theory: Blaisure and Halpern know there is no deal with Qualcomm or Activision or anonymous ‘computer related device manufacturers in Asia’, etc. They know there is no settlement with Google or anything else that will save them. They know MaxD is S.O.L. And they are trying to go out in a blaze of glory, so they can falsely blame shadowy banking conspiracies for their failure.
Thanks for pointing out another repeat on their strategy play. They did the same exact thing forming a coalition against Goog.. absolutely was a dud..
FINRA and the SEC will likely look at the last quarterly public filing, read the pages and pages of footnotes reporting Ginormous losses and equity dilutions to date with potential additional conversations of over 20 Billion and they wont waste any time looking into shorts.