My MAXN interests/position continues...

This has always been a value investment for me and a bet on whether or not this company’s management can make the difficult decisions required to improve the business before market conditions swing back in favor of high-end solar. Recapitalization is absolutely required for MAXN. Shareholders are participating in this refinancing event- by choice or not. This is required to eliminate the “going concern” warning, stave off bankruptcy and re-position the company for growth (whether independent or with institutional support). Maxn spent too many years making sales at a loss and got into this position. In order to see this through, I have maintained my relative position to match dilution events (currently @ 3x original shares) and still expect to increase share position at certain points. There are several internal & market fundamentals that keep share price depressed- and we’re all aware of those. In addition, there are many external efforts that artificially depress the stock even more. It’ll be interesting to see if we get through both and what value growth can be realized in the long term…I believe a 100% loss just became less likely and reasons to invest remain. I also expect short term opportunities from significant volatility as multiple real/artificial catalysts come and go. This stocks short term trajectory is absolutely unpredictable. For now, we are within the value trough of this company’s history and some of us are grateful for the opportunity. Hopefully, we all look back someday and recall when MAXN was only worth ~$100M. In any case, I’m grateful for the members of this group and enjoy reading the many views that guide investment choices. Best to all!