Maxlife Fund Corp. (NASDAQOTH:MXFD.PK)

ThePessimist (99.47) Submitted: 9/11/2008 12:05:19 PM : Start Price: $19.00 MXFD.PK Score: +102.38

You always have to wonder when you look at a company worth $250M and notice in its SEC filings that it only has one employee. Must be nice to be CEO of a company worth a cool quarter-billion, until you remember that you have to be the janitor too.Beyond that, the company's real problem is cash flow. Life insurance policies can take a long time to pay off, and in the mean time this company is just burning through money.