posted
This one just hit a annual low of .02 and is holding just above .03 with some lingering legal issues behind them and two news items, the idea of the split should put a little squeeze on the shorts and make this a nice swing trade:
Maxxon Updates Product Status
TULSA, Okla., Apr 19, 2005 (BUSINESS WIRE) -- Maxxon, Inc. (OTC:MXON) today announced the functional prototype described in the news release dated Feb. 14, 2005 has been tested and mold designs have been validated to ensure that the safety syringe can be manufactured to specifications. Andy Hu, President of Globe Medical Tech, Inc., stated, "From the continued design improvements and testing, Maxxon has a very good possibility to obtain additional patents for this syringe."
For more information visit the Maxxon website at www.maxxoninc.com or call Brian Heckathorne at 713-297-8886.
Maxxon Announces a 3-for-1 Forward Stock Split
TULSA, Okla., Apr 20, 2005 (BUSINESS WIRE) -- Maxxon, Inc. (OTC:MXON) today announced the Board of Directors has recommended a 3-for-1 forward stock split to shareholders of record at the close of business on the day the resolution is approved by the shareholders. This forward split is subject to shareholder approval. "The stock split will improve the liquidity of the market and improve the visibility of the Company among investors," stated Rondald Wheet, CEO of Maxxon.
-------------------- Dear Lord, Please help me to be the man my dog thinks i am.
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