MJ sector update....
ERBB pullback turning short lived....breaking .04 recent upside resistance....Technical suggest to focus on the dip below .04
DEWM doesn't want to let up since Whole Foods mj tea deal...and just in general
SANTA MONICA, CA--(Marketwired - February 19, 2014) - Max Sound Corporation (MAXD)
Dear MAX-D Shareholders,
What follows is a summary of where the Company is at today, and a discussion of the progress we made throughout 2013. I will discuss the MAX-D HD Audio product and its positioning, and also provide an update on our online music retailer Liquid Spins.
I'll start by thanking all of our outstanding personnel who make up the MAX-D Team, each of whom has devoted countless hours, pushing us toward our ultimate goal of great success. I'd also like to thank all of our investors, who have become believers in our mission to make MAX-D the new consumer audio brand standard across all major vertical markets including: Multimedia, Entertainment, and Communication.
THE MAX-D HD AUDIO TECHNOLOGY
The MAX-D HD Audio Technology is currently delivering high definition audio without increasing file size. We know it's better for your hearing than today's MP3's, and the implications are serious and impactful. MAX-D MP3 files sound incredible, but remain one-tenth the size of a .wav file, plus with more clarity, dimension, articulationand impact in every range of the audio spectrum, they can sound as good as the original recording.
MAX-D HD Technology does not require any high cost changeover and can be added to any industry wanting better sounding audio. There is no need for bigger pipes, bigger servers, new consumer appliances, or higher data costs (which would be rejected by today's cost conscious consumers). The only change would be exceptional sound. MAX-D is proving that size matters, fitting life-like HD Audio into our existing MP3 and gigantic compressed audio eco-system. So the wait for high definition audio is over.
THE STOCK
As a practical matter, when stock performance fails to meet expectations (yours and ours), the tendency is to use recent pricing as the only indicator of the Company's value. Yet we believe it's not valid to use recent pricing as a measurement, when considering that MAX-D is actually in a much better, more valuable position today than it was just three months ago, due to the recent positive developments discussed below.
Ask yourself, "What could the MAX-D value be when everyone knows about it, and consumers all over the world can enjoy a far better audio experience?" You probably have an idea what that value could be, which is probably why you invested in MAX-D. We have an idea too, which is why we keep investing our time, energy and financial resources (Seven figures has already been invested by our founder).
When consumers hear MAX-D HD Audio demonstrations, they think the value of our Technology is off the charts! Whether from a sound bar, headphones, a car system, home theatre or on stereo speakers, Listening to the demos leads all consumers to ask two questions: "What is that?" and "How do I get it?" It's because of this statement we believe we have gold.
In the past few months, it's become clear which markets will give us the fastest acceptance and the quickest realization of our collective dreams, professionally and financially. Every day my team and I are focused on delivering a series of big name customers with revenue events that will tell our shareholders, and the world, that we have arrived and consumers prefer the perfection of audio with MAX-D!
2013 A YEAR IN REVIEW