Item 8.01 Other Events
Action by the Company due to extraordinary circumstances to function as
non-Reporting for a period no less than three calendar months and no greater
than six calendar months from today's filing date of November 21, 2022.
(1) Max Sound Corporation (the "Company") relied on the typical allowed extension
of up to 5 days after its normal calendar Q3 filing due date of November 14,
2022;
(2) After its requested extension, the Company had planned to file its 3rd
quarter 10Q on November 21, 2022. However, after thoughtful consideration of
extraordinary circumstances as memorialized in detail below, the Company has
made the decision that the most beneficial action for all legitimate
investing shareholders of record as a collective group, is to be
non-Reporting for a brief period of time;
(3) As mentioned previously in the Company's 8K filing on September 2, 2022 - any
important news the company deems relevant under REG FD, has already been, and
will continue to be, posted timely at the web site of MAXDandBeyond.com.
(4) The Company, and its CEO, have attracted a group of bad actors, led by one
MAXD shareholder - Harvey Vechery. Vechery's self-declared mission is to
destroy the Company, its CEO, and all of the shareholder value at all costs.
Read more on Vechery's well-documented strategy below in (8) Letter.
(5) The Company made a forecast earlier in 2022 projecting a year-end run-rate of
$100 million annual going forward. This would require total income of at
least $8.5 million for the month of December. Any number of combined events
currently in play lead to the conclusion that the forecast is attainable. Due
to the chronic and relentless interference by Vechery and his team of
lawbreakers, that's all that the Company will release on the subject at this
time.
(6) The status of the Company's professionals are as follows: Securities Counsel
is available based on hourly rates. Presently, we feel it would be an
unnecessary expense. Simultaneously, local Securities Counsel superstars are
considering contingent cases that would include an already-created,
multi-million-dollar, win-big damage model prepared for us with the help of a
top Damage Expert in the Microcap space. For the period of nonreporting
discussed herein, the Company's Auditor is expected to resign at their own
convenience. The Company's CEO has personally paid a majority of previous
bills for the Company's accounting and audit work over the past several
years. Prior to the Company's future effort to return to reporting status,
the CEO personally guarantees to pay to the current auditor any due balance
existing and/or necessary to transition to another PCAOB qualified auditor
with such having already been identified as the potential successor. The
Company's CEO has also personally paid a majority of previous bills for legal
services related to Vechery's fraudulent attacks which is now in excess of
$100,000 invested towards such legal work. The CEO has and will continue to
provide additional personal guarantees to certain attorneys as necessary,
until the take down of Vechery and his team is complete and all professional
bills are paid in full either by the CEO or the Company, or any combination
of both.
(7) The Company humbly submits that it will file its anticipated timing to return
to a fully reporting status on or prior to May 19, 2023, along with updated
audited accounting suitable to PCAOB rules and any other relevant regulatory
compliance.
(8) Letter: Attention MAX-D Shareholders.
As the company's CEO, I have consistently stated for legitimate shareholders who
are interested only in reality, to know the exact documented and factual truth
on any matter called into question that the Company believes necessitates a
response. My unblemished 43-year business track record stands the test of time.
At https://ChannelGreg.com, a fraction of my large inventory of accomplishments
can be viewed as a small but meaningful part of the global digital multimedia
record and ecosystem including parts of which I helped to create.
2
Harvey Vechery has a well-documented strategy, already proven by his very own
digital record as premeditatedly fraudulent. It centers around Vechery trying to
illegally steal my super majority preferred shares which I rightfully received
from my Chapter 7 liquidation. For the past two years, Vechery has established
on the record that he will spend whatever time and money that it takes to
fraudulently spread lies, that he knows in fact have already been proven 100%
false by his own substantial digital trail of racketeering, orchestrated market
manipulation, intentional long-term violations of insider filing requirements
and while trying in vain to hide decades of his own excessive financial
failures. While these strategies can succeed against microcaps who generally
have little resources to combat them, with managers who can become exposed,
fearful, or just plain worn out, this is not the case here. The Company, and I,
have always followed the rules to the letter of the law and this will continue
to be proven 100% true. What has also been proven, is that Vechery has hired and
employed the worst of his kind which is beginning to result in the collective
demise of Vechery and his team of paid bashers. Since they have zero truth on
the side of their proven criminal records and shamelessly bizarre behavior, they
are now losing the fake legal battles they previously promoted each week for
more than the past year as the supposed end of my Contractual Leadership
Position and Stock Ownership that I paid and invested real money to acquire at
an enormous loss currently and that Vechery is on record during my personal
bankruptcy stating that my preferred shares have to remain with me. Yet, for all
of that he and his team have relentlessly barraged the public completely and
knowingly false general accusations providing no legitimate evidence whatsoever
and routinely demonstrating a below-kindergarten-understanding of securities
law.
As Vechery's failing efforts are beginning to backfire on him and his team at a
very high level, the actions taken by the company hereunder are the best
possible way to stay focused on building the business and restoring future value
to legitimate MAXD investors. As a result, Vechery has more recently shifted his
team to an alternate strategy that involves relentlessly barraging the Company
and its CEO on all stock board platforms and social media with the goal being to
waste so much time, money, and resources, that dealing with their frauds becomes
the full-time purpose and activity of the Company. Much more is disclosed herein
and far greater detail will be added to the shareholders publicly available site
at MAXDandBeyond.com.
Certain police reports have been filed recently and yielded state and federal
laws, independently cited by law-enforcement officials on the reports
themselves, while providing a clear path to felony criminal prosecution and
punishment of Vechery, and his entire team, orchestrating daily attacks of
cyber-bullying, harassment, and stalking that they have all been engaged in at
Vechery's direction for the better part of 18 months. Based on preliminary
responses, from law enforcement in the judicial system in more than one state ,
I confidently expect criminal actions will be put into play fairly soon against
all of those involved in the Vechery strategy. Also, the company has prepared
and expects that within the next several days subpoenas for all posters we'll be
filed to reveal all of the identities behind every single post of the past year
on all of the main chat boards and social media. This will prove once and for
all that I am not on any chat board and never have been in any capacity and end
the lawsuits, derivative or otherwise, filed by Vechery's entertainment attorney
as nothing but well-paid legal malpractice and fraud perpetuated as in every
case by Vechery premeditating 100% lies to all of his attorneys which helps to
explain why he has to keep changing them. There is no information and belief.
Vechery knowingly lies to each successive law firm while demonstrating the lies
as truth by pointing to his Team of online defamers as proof that their lies are
truth, hence "on information and belief". All attorneys have an actual duty to
research these claims, but it is certainly understandable when some guy is
crying wolf, waving huge bags of cash around and taking his Prey out for $1000
lunches.
It is important to mention here, in the filings, and wherever else relevant,
that ALL of these lies put out as "information" is only to cause harm and is
coming directly from Vechery. No one else has any information on these
matters. The online alias "Alfred/Bill" is a conduit for everything that Vechery
wants to put out online.
On just the MAXD yahoo board there are 21,000+ posts, mostly just from a handful
of the same people primarily repeating the same no proof general accusations and
guaranteeing my demise each week during the last 18 months. Alfred states
that he will not stop his criminal activity until the day he dies. Alfred
recently responded to the news that Vechery's hospitality business partner, in
what was billed as the biggest Ponzi scheme in the history of Las Vegas, had
recently began to serve his life in prison sentence and that their business
address had listed among other things warrants for arrest and registered sex
offenders. Screen captures have been saved with Alfred offering an extreme
number in the millions of dollars as a reward to anyone that can prove that he
and Vechery are pedophiles. Alfred goes on to explain how nobody should assume
he is such, just because he lives across the street from a school of very young
children that he claims somebody may have seen in the background of one of his
fraudulent videos. Alfred is a man who has many aliases, is being pursued by
claimed victims of his Insurance Scam among other things. Alfred left recordings
threatening the Company's auditor, where he is impersonating an attorney which
he is not, representing his own non-existent fake law firm which never existed.
To clarify more of the record, all 10 million of my preferred shares were
acquired by me for seven figures of cash loans that the company could never
afford to pay me back. Half of those, or 5 million shares, I acquired on an
emergency basis at four cents, during a hostile takeover attempt. All of the 10
million shares, are underwater at least 99% from what I paid as my actual cash
cost. Regulatory requirement of any reporting company requires that there is at
least one executive receiving or accruing salary. While I rightfully receive
accrued salary, Vechery is completely aware that the company, has been unable to
pay me an actual salary and that for the past five years, I have received zero
income, and this is reflected on all of my corresponding tax returns. There has
never been any pump and dump. That is just a term of art created by large
investment banks to sell short during any run and make little companies look bad
every time. During every period where that phrase is thrown out and in the
ridiculous and highly illegal dismissed derivative lawsuits, the stock went down
in value and in trading volume because I deliberately made no effort to even
keep investor enthusiasm in play. A simple review of those facts as well as
every other general accusation these criminals make are easily reviewed and
confirmed as absurd and false on every level.
3
Vechery knows for a fact that the $17,000 was legitimately loaned by the
business to buy back in full one of my cars from my estate and that the same
amount was deducted from the enormous money the company still owes me but has
been unable to pay. Vechery also knows that I paid 11 of 12 monthly mortgage
payments from the unlicensed loan shark that was provided to me from Vechery's
criminal contacts and delivered with a bait and switch from 4% to 11% at the
closing. Vechery also knows I spent $60,000 of my own cash filing against the
lender which the trustee was able to leverage into a savings benefit of at least
four times that amount used in the closing of the estate under Chapter 7.
Devine Mafa, is a personal referral from Alfred, who came with Alfred's high
praise until I had to literally throw Mafa out of my home when he went wacko and
tried to extort massive money from me that he clearly was never owed and never
promised. Vechery then assisted Mafa in securing a suburban Los Angeles law firm
to file a demented and perverse unemployment claim filled with a completely
fabricated story he unwittingly recorded. As in all of these related matters, we
just neatly pack up the truth as provided unwittingly, and as soon as the
evidence against them, created by them, is received, we never hear from that
attorney again.
In summary, Harvey Vechery is an 88-year-old mean-spirited unhappy person who
has committed numerous blatant intentional securities violations wrapped in a
variety of pre-meditated fraudulent acts. He has been getting away with doing
the same things to others for many years, while mismanaging and losing the
majority of his wife's $190 million dollars estate. I'm the first small business
entrepreneur he's worked with that has caught on and uncovered his very dark
secrets. I've uncovered all of the direct links between all of it thanks in
large part to a Trojan horse inside his organization by way of a digital phone
account that he and his Associates thought was friendly to their plans but
legally tracked every move they made. This has caused them to unwittingly
provide me their own digital communications of all sorts, and over a long period
of time, outlining and memorializing the crimes they have planned and ultimately
committed. Vechery once told me he enjoyed tearing down people's stuff.
At ChannelGreg.com you can see about 20% of the nearly 1000 features on me in
nine industries spanning my long career. They include appearances on Oprah and
every major network, a cover story on Forbes, and many recent appearances with
top millennial podcasters and so much more. There are many immediately
accessible positive endorsements of me and the ventures I have brought to market
in several industries as Form 10 Microcaps using 15c211's with one market maker
to begin otc trading. I've raised now nearly 200 million dollars over 4 decades
and according to Bloomberg, Reuters, and Russell, the past 28 years of these
endeavors have resulted in nearly a billion dollars of returns to long market
investors. All my ventures combined over those four plus-decades have resulted
in billions of dollars of small business commerce for others which is something
I'm proud of.
Along the way, I've invested close to $14 million dollars of my own winnings
into my own deals usually as the lead. My best deal went up more than 28,000%
over 13 months and the fastest deal I was in the forefront of, increased more
than 19,000% over a ten-week test period. I invented online crowdfunding in
1998, receiving three million dollars in about a week in a self-directed
Regulation A. I have affected law changes and testified upon request to House
Oversight, Investigations and Finance and became good friends until his passing
in 2016 with that Committee Chairman - Congressman Michael Oxley. He said I was
the only true small business bi-partisan and the SEC in the past few years
opened two new offices following the nearly exact outlines I provided in my 2001
Testimony titled The S.E.C.'s Role in Capital Formation: Help or Hindrance.
Over the course of my career, I have been unjustly treated from time to time and
this caused me to take up arms in a legal sense and has resulted for me and my
ventures more than $10 million dollars, when combining cash settlements and
judgments in 27 cases. During my 43 years of business pioneering, I have never
been accused, prosecuted, or adjudged by any agency. Truth, honesty and always
following the rules has served me well. Those who I have gone after didn't
believe rules apply to them and I attribute my success in legal matters to
having all of the truth on my side. Harvey Vechery is an outlier, unique in his
methods compared to everyone I've ever met in 43 years of small business. He has
reinvented how to harm those he invests in by enticing financially motivated
attorneys with completely fake stories, who are only hired if Vechery is
convinced that they will find ways to abuse the legal system to help Vechery
wear opponents down. I have collected with pain staking research and private
investigations a nearly three-decade history of his pure unadulterated fraud and
hoodwinkery.
Vechery passed out money to certain people who went online and tried to
manipulate stock in MAXD. They promised other investors it would go up, and
later that it would go down. While interfering with large potential customers of
the company, Vechery attempted to steal technology that MAXD owns. Vechery has
been teamed up with the Company's former CEO Harold Blaisure, who I terminated
for cause, having worked together for several years and still possessing stolen
equipment assets that I demanded back but that they continually refuse to
respond to. BTX Bill Torre has a chronically sociopathic habit of sending gay
phobic slurs to me, which Vechery has a long and well documented habit of doing
also to anyone he feels will listen to him when he talks. Youtuber Alfred has
multiple aliases and identities. He is being pursued not only for Insurance
Fraud, but for making up one story after another that attributes the 100% fake
stories to Vechery and that he knows for a fact are already proven 100% false.
Indeed, Vechery created all of these lies and he knows he was recorded saying he
would do these things. There's literally a giant inventory of perfect
incriminating trails of digital messaging that he has unwittingly provided
already to the company's benefit. With the help of an entertainment attorney
Larry Russ, Vechery came up with what he calls the derivative lawsuit but his
team refuses to admit that he had to withdraw his claim because it was illegal
and his YouTuber Alfred helped somebody file a clone of the same set of lies
that he spews online stating that attorney Larry Russ helped him prepare it at
Vechery's direction, but Alfred simultaneously refuses to admit that his filing
was illegal and that it has long since been defaulted on my lawsuit against him.
With most everything in the legal system working with the truth in our favor and
our takedown of these bad actors well on its way to completion in no more than
an estimated 3 to 4 months. I expect we will benefit financially as we end the
reign of terror for good and can reemerge for long-term success and value
growth.
4
If you didn't know my basic bullet point bio, I offer you for more review, but
while considering that I have many high-level positive accomplishments that are
well documented year after year for decades, while nearly every good person I've
ever formed a bond with likes me and will work with me based on a simple phone
call.
At the same time, I can promise you that my enemies have zero credibility on any
subject throughout the course of their entire lives. Combine all of their lives
and you still get nothing good and everything bad.
Greg brief bullet bio - or go to https://ChannelGreg.com
The Inventor of Crowd Funding in 1998, Greg Halpern was an International Gold
Medalist in Judo & an Author in the late 70's, spending more than 40 years since
pioneering emerging technologies where he played the critical role bringing them
from concept to reality providing savvy management, infrastructure, funding &
intellectual capital to bring life-changing innovations to market.
Halpern has raised & invested now nearing 200 million dollars yielding fast
approaching almost a billion dollars in open market returns for long investors.
According to Bloomberg, Halpern's Circle Group Holdings was the top gainer in
Illinois in 2003 at 6533% before quadrupling in 2004 for a 13 month return of
over 28,000%.
In the 80's, Halpern appeared in Omni Science and Venture among many media
features pioneering Computer Animated Imaging & Electronic Anesthesia where he
received patents & trademarks & was on the Oprah show. In the 90's Halpern
developed the first search engine reverse algorithm software and successfully
launched the first ever crowd funding - raising three million dollars online in
a week. The S.E.C. cleared offering was featured on CNN.
Since 2000, Halpern was the Principal owner of CGI Capital an NASD Broker
Dealer, Chairman & CEO of Circle Group Holdings (AMEX: CXN) and Z-Trim Holdings
(AMEX: ZTM) where he designed & built a green plant to produce a USDA food
ingredient breakthrough featured on Neal Cavuto and dozens more syndicated
human-interest stories appeared on most every major TV network
Halpern also developed Fairplay, a DRM component of Veridisc, which was sold to
Apple as an original piece of their entire media ecosystem.
Halpern has been featured on most major TV networks & in many major publications
including books by celebrities such as Dr. Oz. More than 100 Leaders in several
industries have glowingly endorsed and worked with Halpern and his emerging
ventures - a few of which are Steve Forbes, Al Gore, General Wes Clark, Steadman
Graham, George Foreman, Larry King, Mick Fleetwood, Pitbull, SBA Chief Hector
Barreto, Congressman Michael Oxley & Congresswoman Sue Kelly who brought him to
congress to testify on ways to improve small business in America. These
activities led to regulatory innovations, rule changes and two new offices at
the S.E.C. including the Office of the Ombudsman and Office of the Advocacy for
Small Business Capital Formation. Halpern has worked successfully with agencies
such as the FDA, USDA, USPTO, FCC, DOE, DOD & SEC & is an inventor on several
patents issued or pending since 1987.
As MAX-D's Founder, Chairman, CEO, CFO, and Super Majority Shareholder, I always
hope for the greatest win of my lifetime which I truly believe this could be,
even considering the extreme challenges I've had to take on to get this far down
the road. Over the course of my 4+ decades career I have always taken on all
responsibility to pay in full all of the bills of the company for every service
we need just to operate. While there are very few bills left of significance, I
include being personally responsible for even this filing to the small recent
Discount Edgar, and a past-due balance for the previous quarter. They have truly
been the best filing experience during the Company's long history.
Finally, most small microcaps today have one or two key people operating the
daily business year-round due to limited funding and uninsured officer and
director risk exposure. If you have followed my 43-year career of monumental
technology paradigm shifts, then at the least you know by now, I have always
been a fighter for the little guy. I am the underdog. We are the Underdogs. I
can now clearly see this final leg of the long strange and beautiful journey. I
see it as a really fun fight, and I am confident we are already winning and will
win it all in the end.
Truly Yours,
Gregory J. Halpern
5
© Edgar Online, source Glimpses