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11.17.08

Daniel Kahan, director of Maxlife Fund Corp, follows my advice

Posted in All Categories, Fraud, Microcap at 3:32 pm by Michael Goode

Over the last two months Kahan sold every share of Maxlife Fund Corp (OTC BB: MXFD) that he owned. He made $59,850 from the sales of 2,500 shares while also donating 500 shares to a synagogue. Not a bad profit for someone who is director of a company with essentially no operations, assets, or revenues (at least as of the last 10Q — I am eagerly awaiting the 10K and hey, maybe Maxlife will have actually done some business over the last quarter, but I am not betting on it).

Kahan’s average sale price was $23.94, 33% above the current stock price of $18. See the Form 4 here. Kahan still owns stock options, some exercisable at prices as low as $20.

Maxlife’s last 10Q shows a book value of $597,000, nil quarterly revenues, and a quarterly loss of $219,000. The company has a market cap (at a recent price of $18) of $545 million.

Disclosure: I have no position in MXFD.

11.10.08

Help your friendly blogger: Touchscreen monitors

Posted in All Categories at 10:44 am by Michael Goode

I have not written much for this blog recently.  The primary reason for this is that I have been suffering from RSI on my wrists.  This has made using the computer difficult and painful; I’ve tried to minimize my use of the computer.  Using voice control software for my has helped.  However, I am also looking into getting touch screen monitors to replace the four normal monitors on my computer.  That way I will not have to use the mouse (the source of my wrist problems) at all.

I’m looking at monitors from Planar Systems and Elo Touch Systems.  If you have any recommendations for a brand of touchscreen monitor or for a type of touch screen monitor (resistive, capacitive, SAW, etc.), I would be much obliged.