We feature Max Sound Corp (OTC BB: MAXD), an internet media company, as today’s top momentum gainer since the stock gained more than 14% during the last two consecutive trading days with increased number shares exchanging hands. During the previous session, MAXD was the star performer in the U.S. technology sector after gaining 29.7% and closed at $0.19 while recording significant volumes of 1.34 million shares. During the past 5 trading sessions, MAXD surged 97.9% with daily average traded volumes of 802,314 shares, while the stock has accumulated over 57% during the past one month with daily average volumes of 705.479 shares. Recently, MAXD added 3 music industry influencers to its illustrious advisory board including 1) Jonathan Spalter, the Chairman of Mobile Future, a company dedicated to innovation in wireless technology and services, 2) Robin Sibucao, best known for building premier entertainment companies focused on the importance of sound and 3) A 30-year music industry veteran – John Ovnik, best known as a brilliant producer, composer and musician who takes pride in paying attention to detail. The company reports that it will be much closer to achieve the goal of providing better and clearer audio to the world with these industry veterans.
Company Description:
Max Sound Corp (OTC BB: MAXD) is a technology company that converts audio files to high definition with no increase in file size or bandwidth. The company’s product and services are designed to add value to audio components of several separate industries including consumer electronics, motion pictures, broadcasting, video games, recordings and cell phones.
1-Year Stock Chart:
Source: Bloomberg