That nobody website is not a conviction, right? lol... just claims/opinions
... and who doesn't have them nowadays? Everybody talks shit online
Why do you think Maxim took a long term/affiliate position?... Why are these famous people joining the board?... Why is the king of ETFs building LFAPs Fund? Why does the stock keep rising no matter how many times that OLD INFO has been posted since the lows?
Even if its just a pump and dump, which i doubt, it might be one for the ages... and they have not even begun to draw interest to this ticker. We are buying the opening act.
An MM will know how to draw interest. They MAKE markets
More big players will join us imo. The info is still spreading.... and the float already tight ______________
Dont know what the future holds in regard to their business, but i do know what fuels major penny stock gains _______________
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. ________________
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? ____________ 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?
___________
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 ____________
If Maxim were in it for a short term flip, they would have offered him a convertible debt deal, like they do with many other companies. That’s how you make money off of penny stock without actually having Affiliate ownership in it... they would be able to convert small chunks at a time to not go over the affiliate threshold, allowing them to dump unabated... while having downside protections, which they don’t have being part owner
Not only are their shares restricted, they are also labeled as an “affiliate” now, which limits how much they can sell per quarter... For them to make any money off the stock by the time their shares are unrestricted, they have to build this into something.
If these HIGHLY SKILLED financial gurus don’t build this stock into something over the next several months, it will be back to subpennies and Maxim will never make money here. All this effort negotiating, writing long 8ks, paying for attorneys, etc will be nothing but a big waste of time.
What seems logical? Are we just going to ignore the elephants in the room? ______________
Maxim is an Affiliate, not a debt holder (big difference), so they are restricted on how much/fast that can sell after the restriction period passes.
Trading Volume Formula. If you are an affiliate, the number of equity securities you may sell during any three-month period cannot exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing of a notice of sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement.
The LGBT Loyalty (ETF) Index Fund is expected to be the first “preference” index fund to survey a representative group of the LGBT community to determine which companies within the S&P 500 best support and are supported by the LGBT community. We are also in development of a LGBT Advertising Agency and a LGBT Media Distribution Network to assist businesses and brands in the creation and distribution of specific content targeting the highly desired spending power of the LGBT consumer. The LGBT demographic is proven itself to be a fiercely loyal consumer group to supporting companies and their brands. In addition, the company is in the development of a LGBT Approved business model designed for businesses to promote and showcase their support for the LGBT community.
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