John Blaisure, CEO of Max Sound Corp., bought 68,500 shares of Max Sound Corp. (Stock Symbol: MAXD) at $0.1 per share for a total amount of $6.9 thousand on February 26, 2014
Max Sound Corp. is based in Santa Monica, California.
On Feb 19th, Max Sound Corp’s CEO wrote a letter to shareholder. He announced the licensing deal with Qualcomm’s chips and explained the share dilution in the past.
On Nov 14 2013, Max Sound Corp. released its quarterly report. Net loss was $2,291,465 for the quarter, and revenues were $487,000.
According to Capital IQ, Max Sound Corp. has a market cap of $30.89 million, an enterprise value of $31.91 million, and trailing 12 month revenues of $2.21 thousand.
Max Sound Corporation sells and licenses products and services based on its patent-pending Max Sound technology for sound recording and playback. It markets Max Sound technology, which improves various types of audio, as well as compressed audio and video as used in mp3 files, iPods, Internet, and satellite/terrestrial broadcasting. The company focuses on licensing its technology to content creators, manufacturers, and network broadcasters. It serves motion picture, music recording, video game, broadcasting, Internet video and audio, and consumer electronics markets. The company was formerly known as So Act Network, Inc. and changed its name to Max Sound Corporation in March 2011.
John Blaisure’s most recent annual compensation from Max Sound Corp. is a salary of $144,000. Mr. Blaisure is 55 years old.
According to his biography, prior to Mr. Blaisure joining Max Sound Corporation as CEO, he was the Founder, President, and CEO of Effective Network Systems (ENS) from 1996 to 2010. Effective Network Systems is a telephony software company that was debuted at the Intel Technology Summit in 1999 as one of the top 40 telephony software companies in the world. Prior to his work at ENS, he was the Founder, President, and CEO of Fonz By The Day Stores from 1990 to 1996. Fonz By The Day Stores is a cellular communication reseller and retailer in Dallas Texas. Fonz By The Day Stores achieved success in the Dallas Fort Worth area in retail sales. The company also achieved success in cellular rentals. Mr. Blaisure brings over 20 years of experience in managing and marketing of communication technology companies from the ground up.
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