Replies to post #41300 on SiNtx Technologies Inc (SINT)

[boston745]

Maxim Investors, an interesting title for this group which it aided Arch Therapeutics with the placement.

proceeds of approximately $3,390,600 in the aggregate, of which approximately $2,084,000 was attributable to the Maxim Investors.

The Investors included Anson Investments Master Fund LP (“Anson”), Karen Carlin, P. Timothy Connolly, CVI Investments, Inc. (“CVI”), Drake Partners Equity LLC (“Drake”), Empery Asset Master, Ltd, Empery Tax Efficient II, LP, Empery Tax Efficient, LP, Jonathan Galli, Vikas Gulati and Mirella Gulati, Hudson Bay Master Fund Ltd., Intracoastal Capital, LLC (“Intracoastal”), Keyes Sulat Revocable Trust (the “Trust”), Lorraine A. Malanga, James M. McKeone, IRA FBO Ana B Parker (“Ms. Parker”), Dr. Stephanie Plent, and Popham Management, LLC (“Popham”). Anson, Intracoastal, and CVI or their respective affiliates, were investors in the Company’s 2014 Private Placement Financing that concluded on February 4, 2014

Conspiracy of funds Maxim tapped for this offering. I find it hard to believe Maxim did not know these funds worked together:
Anson
CVI
Empery Assets
Hudson Bay
Intracoastal

Maxim Group parent company under fire for alleged sanctions busting, money laundering

Kazakhstan and New York-based Freedom Holdings denies charges from activist short-selling fund Hindenberg Research 

The new owner of New York-based investment bank the Maxim Group — which has been controversial for its deal-making practices in shipping — is now fending off explosive allegations over its own activities.

Kazakhstan and New York-based Freedom Holding Corp (FHC) — a $4.6bn online brokerage founded in Moscow — has been accused of money laundering and helping Russian oligarchs evade sanctions over the war in Ukraine.

Sort of goes with its sanctions over failing to report transactions which could be cover for money laundering. That said, FHC and Maxim cancelled this acquisition agreement so it looks like tradewinds article jumped the gun calling FHC its parent company. Maybe the deal was cancelled, in part, because of this accusation?

Freedom Holding Corp. cancelled the acquisition of Maxim Group LLC from MJR Holdings Inc. on October 31, 2023. Freedom Holding Corp., Maxim Partners LLC and MJR Holdings, Inc. determined that the conditions to closing set out in the Purchase Agreement will not be fulfilled by December 31, 2023, accordingly, the parties have mutually terminated the transaction.

Quote Sources:

https://ir.archtherapeutics.com/all-sec-filings/content/0001144204-16-106488/v441469_8k.htm
https://www.tradewindsnews.com/finance/maxim-group-parent-company-under-fire-for-alleged-sanctions-busting-money-laundering/2-1-1504201
https://www.marketscreener.com/quote/stock/FREEDOM-HOLDING-CORP-13908408/news/Freedom-Holding-Corp-cancelled-the-acquisition-of-Maxim-Group-LLC-from-MJR-Holdings-Inc-45273337/

[joev2]

Interesting. The url you refer to has a date of 9/23 and yet Sonny still has no issues continuing to deal with them? My only question about Sonny remains: is he a dupee or a duper? Either way for investors, it can't get any worse IF he ever leaves. Thanks for the confirmation regarding the caliber of Maxim.