(reposts) But Maxim is doing more than make a market for this stock. They are an affiliate with a restricted holding of 49.99%... and they dont want to be buried by dilution. The keys to this ride are in their hands.
They are LONG this penny stock and WHY would they be?! I have never seen a Market Maker do this with any other ticker and have studied thousands of pennies since the 1990's... and MMs know how to move stocks right? They MAKE MARKETS for a living. IMO this is a pet project for Maxim. Its possible one of the insiders is gay and holds this project close to their heart.
Big news is coming. The CEO cofirmed this on Friday. These filings were just the opening act. The had to get their shares squared away before they start attracting interest to the ticker. Now its time to open the floodgates.
I have no clue if this will be a winner long term or not, but i like the ODDS near term. Maxim could easily turn this into a $XXX,XXX,XXX company. I see scams with NOTHING run that high all the time.
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There is no way Maxim could sell this much stock into the market without first building a company with a solid underlying value/floor. Not a chance!
They cannot sell into the current move (restricted stock), so they would have to depend on the price sustaining its gains, while keeping volume strong... Just because a stock is .10, does not mean you can sell 120 million shares there. You need VOLUME/Bid Support
This is not the type of position that can be easily liquidated and THEY ARE NOT FOOLS. They are PROFESSIONALS at studying market situations, right?... They have to do something with this company otherwise they cant gain from it.
This is important to comprehend and allows us to see through the BS. There is no value for Maxim if they cant build this into something... and as an investor, i find its a good strategy to ride on the back of those that have the experience and $$$ to craft a success out of nothing... or at least give a solid amount of effort
Worthy gamble?
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Do you think Maxims LONG TERM ownership position is negative or positive, in regard to the future share price? THIS is the question savvy investors need to ask themselves... All of this other crap is just noise.
Will Maxim want the price higher or lower in the coming months? Is it wiser to bet with or against them?
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(repost) Yep, Maxim put restrictions on managements ability to dilute... this deal is not structured in a way where maxim is going to allow their position to be destroyed by insider greed, which is a very important aspect people need to comprehend. Maxim cannot liquidate shares anytime soon and they’re going to want a solid company when it’s time to sell. As an investor, it’s important to understand these clues and use them to our advantage
Of course nothing in the market is ever guaranteed, but we can do DD and discover opportunities with better than average ODDS... and I certainly like the odds of riding Maxims back to success. We have plenty of time to figure out if this company will become something or not, but near term it’s all about the momo/story.
All of these PRs/filings setup bigger and more exciting events. Visualize how this has to play out. They are just starting to roll out the business plan and there are too many SUCCESSFUL people involved for it not to go anywhere. Creating financial products/services is EASY for these big players. They have built their entire career around it... Do any of you think these respected names need to pump and dump penny stocks? lol
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