Apr. 22 at 5:16 PM
$MAXQF Maritime Launch - It's The Perfect Timeline
September 30, 2025: Company files MD&A stating "insufficient sources of operating cash flows to meet its ongoing needs." Six employees.
$20M working capital deficiency. "Survival depended on raising more money."
March 16, 2026: Canadian government announces
$200M taxpayer bailout.
April 9, 2026: Chairman Sasha Jacob sells
$1.8M in stock.
April 15, 2026: Same Jacob exercises options for
$974K more.
In a few short months this company with a concrete pad for years went from nearly broke and desperate to a
$200M government rescue. Then within weeks a
$3M insider cashout
Thank you taxpayers!!