Replies to post #8661 on Max Media Group, Inc (MXMI)

[TEFFY]

That is also 100% incorrect, revenue was and is being produced , just not the numbers I would hope for!

Lets all post facts if possible, better thata way :-)

[pitts77h]

It's interesting to follow up on the September 14th PR:

http://www.prnewswire.com/news-releases/max-media-announces-corporate-update-and-business-agenda-129789163.html

"In regards to its June 2011 10Q Report, the Company is completing the review of the filing and expects the report to be filed shortly." More than 3 months later... nothing. I hope they do the math better than they did the last time they filed something, where the balance sheet didn't balance and the expense columns didn't add up correctly.

"A Securities attorney has been selected to begin the process of filing a registration statement for the company to become fully reporting." Removing the red STOP sign and the warning about insider trading would be a good start.

"An auditor will be selected to prepare the Company's audits and assist with a listing to the OTC Bulletin Board." LOL. See above. Uplisting? Right. First things first... learn to do basic accounting and file something that accurately reflects the company's performance. That would get rid of the stop sign.

"Some of the recently acquired BB2Live and BlackBook2 assets will be operated in a subsidiary around the 15mm subscribers..." I love that 15 million subscriber number. All those subscriber and zero revenue... ya, that makes sense.

If they ever DO file anything, it will be especially interesting to see the accounting treatment on the bizarre "acquisition and divestment" of the showroom.

[TEFFY]

NOT exactly correct,

So all of those website hits people were talking about actually killed business instead of generating revenue?

From what I understand 1 had nothing to do with the other,

Brick and Mortor:

The showroom and repair shop did cost MXMI and us shareholders some money for sure,
Jim DID incur losses from that great adventure of opening the shop.

Internet based business:

MXMI still gets a good amount of hits on various sites from what I am told, (horses mouth) THE WEBSITES AND WEBSITE HITS NEVER GOT KILLED CAUSE OF THE OTHER BUSINESS MODEL, ON THE CONTRARY MORE REVENUE HAS BEEN GENERATED!

I never asked Jim specific numbers , but he stated there is still revenue coming in as it has been for quite some time.

The dealership cost Jim a good deal of money and has made him and the company very cash strapped :-(

I wish I had better things to report, is what it is!