Max Sound Corp (OTCMKTS:MAXD) Looking For A Bottom

Max Sound Corp (OTCMKTS:MAXD) is looking for a bottom under the cloud of litigation in Europe and the US. When a micro cap like MAXD gets tangled up in the court system with a big player like Google, it's usually facing an extremely uphill battle against a foe with unlimited resources. That's the negative view most investors have taken of MAXD and why shares have been in a downward spiral for the past few months.But that isn't to say investors should throw in the towel or give up hope. MAXD has a lot in the pipeline for 2016 and if the company can deliver, it will get its share price going higher pretty quickly. A first step would be closing any one of the deals that the company is currently working on. According to MAXD, the company is working on the following:

1) MAXD is in advanced negotiations with a large entertainment company relating to our significant cost savings from reduced bandwidth with no sacrifice to user experience. 2) A top mobile device manufacturer is integrating MAXD‘s technologies into its products. 3) MAXD is in the late testing phase with a mobile device industry leader and moving towards an international application of our tecchnology. 4) Several notable companies have entered into test agreements with us to install MAXD’s software on their devices in 2016. Details were mapped out at the 2016 CES trade show. 5) MAXD is in discussions with two major computer companies to integrate the MAXD software into several products.

MAXD has created the acclaimed MAX-D HD Audio. Max Sound can provide a better solution for Audio, Video and Data transmissions. Max Sound Corporation is the company that brings forth technologies including VSL's Optimized Data Transmission Technology. MAXD maintains the same or better quality in audio and video when using higher compression rates, thus allowing for at least 33% savings on data bandwidth usage costs. As of Q3 2015, MAXD can now provide significant cost savings and enriched clarity for video.Before the the invention of “TrueMaxd,” the company's audio-only streaming model saved about 5 cents of every video streaming dollar cost incurred. Now with the addition of TrueMaxd to MAXD’s technology suite, MAXD can save video streaming companies as much as 75% (75 cents) of every streaming dollar cost incurred, while at the same time materially improving audio and video quality.In 2015, MAXD concluded a study with the University of Florida. All subjects preferred listening to audio with MAXD at safer volumes. There was no need to turn up the volume when listening with MAXD, thus enhancing and refining audio delivery while also combating premature hearing loss.To start the New Year, MAXD CEO John Blaisure sounded an optimistic note.

"In 2016, our goal is to secure strategic licensing opportunities, strengthen our portfolio of patents and have the court complete the process of enforcing our rights to the ODT technology under our VSL contract. In Q-4 2015, we were able to buy out and refinance a substantial portion of our short-term debt. We are working on positioning MAXD for another round to remove additional debt and get the company on much more favorable terms to increase our market cap and value. The MAXD team and I will not rest until we monetize our technologies and become a household name."

Helping the CEO this year will be Alexander Mendeluk who has joined the MAXD Advisory Board and Marketing Team as Creative Director and Marketing Strategist. Most people know him from his company SpiritHoods (Featured on the hit TV show Shark Tank), which he has now turned into a multi-million dollar global brand. He'll be working on the new mobile HD app which will now include the ability to integrate Spotify®, allowing users to "re-synthesize" their favorite music into true HD while streaming in real time.

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MAXD is still facing plenty of headwinds in 2016. However, there's not much lower shares can go. We think MAXD is due for a bounce, especially if the company can wrap up its litigation favorably and sign some deals. Get the latest updates on MAXD by signing up below. We update our subscribers as soon as there is a new update out on MAXD.

Disclosure: We have no position in MAXD either long or short. We have not been compensated for this article.