In a news item yesterday, I linked to an SEC filing from “Makism 3D Corp.” (MDDD) and noted that the company “appears to be entering the 3D printing space“.

I gave no personal opinion on the company and their SEC filing other than the following:

“At this point there is very little information available for me to make an informed investment decision regarding Makism 3D Corp. (MDDD). This is an acquisition of a development stage company with no meaningful sales reported to date.  Makism 3D Corp. is thinly traded and unknown.”

and

“Disclaimer: Due to the many unknowns about the company at present, I recommend investors seek advice from an investment professional prior to making any investment in Makism 3D Coproration. See sidebar for full disclaimer.”

In their SEC their filing from 11/4/2013, MDDD stated: “At the closing of the Exchange Transaction, we will have 59,210,000 shares of common stock issued and outstanding”.

Already at $5.00/share at the moment,  MDDD has a market capitalization of nearly $300 million for a company that has no revenues reported to date.

Makism 3D Corp

 

12/16/2013:  Trading in Makism 3D Corp. (MDDD) halted by SEC for alleged promotional campaign (“pump and dump”)

 

 

 

Successful investing in 3D printing stocks includes knowing what not to buy. Subscribers to 3DPrintingStocks.com were given a caution advisory on MDDD on its third day of trading. Subscribe to 3Dprintingstocks.com (subscription box on upper left of page) and get alerts on reverse merger penny stocks that have no revenue, trading at an unrealistic market cap.

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Gary Anderson……..Follow me on Twitter: @3DPrintingStock

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