OTCPK:MXTTF - Post Discussion
Post by
Anomalloy on Sep 19, 2020 2:16pm
So far, market maker Mackie is just playing with themselves
I'm watching with interest how this plays out. All the bids are Mackie's (akaAnon?).
It's like the old joke about the investor that phones to the stockbroker every morning and tells him to 'Buy MXT' Over time, the shares have gone up exponentially. So he phones the broker and says 'sell everything!" To which the broker replies, "Who am I going to sell them too? You're the only one buying."
"MXT has retained MRCC to provide market-making services andwill trade the securities of MXT on the CSE, on a best efforts-based basis, for the purposes of maintaining an orderly market and improving the liquidity in MXT's shares. Beyond a monthly trading report, there are no specific performance requirements. In consideration of the services provided by MRCC, MXT will pay MRCC a monthly cash fee of $5,000.00. The Agreement can be cancelled by either party with 30 days written notice. Medxtractor and MRCC are unrelated and unaffiliated entities and MRCC will not receive shares or options as compensation. The capital used for market making will be provided by MRCC."
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