Yeah although doesn't seem to be helping that much. Market doesn't seem to like the 10q either bfl much volume
Finally..,MTVX is trading organicly. No dilution to be seen with a push in sight. Looking much better...
MTVX Stock Message Board http://investorshangout.com/APT-Moto-Vox-Grou...TVX-87784/
Under the old deal, yes. Under the new deal, NO.
Words taste like humble pie.
hi bfavre40. If you look at the IR settlement proposal (the last 8-K) and an anticipated 8-K to be released this week, the old agreement is being rewritten and IR will be taking a subordinated position to one of MTVX's current lenders who will help with additional financing for new orders estimated in the $5 million ranged based on some additional DD I have done. Time is of the essence here so it is imperative that all matters concerning IR come to a conclusion before additional financing can be given. And that IR already took 1.2 billion shares to date and made big $$ on them, they are more than happy to take one more tranche--this time at 1c per share--and call it quits.
I reviewed some of the notes and consulting agreements that were written during the second quarter, and it appears that share issuances/conversion are at 1c. If parties convert at 1c, this means they are looking to get more than 1c, right?
How do we know that they will convert over .01? Is there a restriction on the note? I would love some justification and clarification on that, thanks Ms BB
Quote:
Well no one understands financials then cause here we sit with a market cap around $9M and nobody's buying this turd
Really? Institutional investors already bought--that is what the notes represent. Lenders already gave $180K, $500K and etc. They will convert at 1c and above.
Again, this is why it is important to understand financials and SEC filings.
$MTVX retail investors and shareholders are lucky. Only smart ones will make bank here and THAT is a fact.
Thank you Ms BB, alway enjoy reading your posts. With IR issue resolved there is no telling how high this will go.
2.6 cent future valuation? Looks like true GROUND FLOOR OPPORTUNITY to me if that is the case... I'm sure glad I'm locked and loaded! Go $MTVX!
Well no one understands financials then cause here we sit with a market cap around $9M and nobody's buying this turd
I am really starting to like your posts!! Rock on!!
Always felt this was a great investment. Good things coming to those who wait. 8k should be out any time now and the upward trend will continue upward well over 1 cent IMO. Simply put this company has too much going for it at this point, and with Christmas right around the corner the sky is the limit, GLT us all
6 billion shares issued at par is only $60,000. In exchange, the company was able to recapitalize the company to the tune of $32 million while reducing its long and short term debt by millions of dollars AND go cash flow positive to fill new orders.
It is important to understand financials.
Take a looksy here:
http://www.sec.gov/Archives/edgar/data/148652...oz_10k.htm
http://www.sec.gov/Archives/edgar/data/148652...vx_10q.htm
At the current O/S and share price of 2.6c, it would give MTVX a market cap of $156MM. That is not unreasonable at all.
"anticipated trading price of $MTVX is above 2.6c" WOW!
Quote:"If the maximum conversion price on a discounted note is 1.4c, the anticipated trading price of $MTVX is above 2.6c. This appears to be the case."
Above 0.026?! Weeeeee! Folks there is a $MTVX storm coming! Great observation MsBB!
IR share issuance are done for now. The last tranche will happen when the stock hits 1c. The initial issuance for 435MM will be returned to MTVX. I was reviewing some of the notes issued during the second quarter. The company is no longer offering massively discounted notes (i.e. 50% discount market)plus the look back periods have also shortened to 5 days vs. 25 days. Additionally, a lender such a LG Capital took a redeemable convertible note--this lender usually allows issuers to pay back the note and that will most likely happen with this note.
There was also a maximum conversion price at 1.4c on one of the notes which is very telling and connects to the IR final tranche issuance. If the maximum conversion price on a discounted note is 1.4c, the anticipated trading price of $MTVX is above 2.6c. This appears to be the case.
The consulting agreements also have fixed conversion price of 1c per share so this 1c pps target seems very convincing to me.
Lots to look forward to here.
Watch for the 8-K to come, folks.
Best to all,
BB
Hey schnaps, in response to your PM:
I hear ya, heard about James Foley yesterday and wouldn't rule out U.S. intervention as a result.. what the hell was Obamalamadingdong thinking arming those Syrian rebels (that end up being ISIS).. it is indeed a terrible situation..
No matter what happens, I hope you stay safe.. and I'll be thinking bout my APT sista!!! Send me your FB contact info will ya?!
Hoping this isn't too revealing, but NEEDED to reply to you! I know this is entirely off topic, but I'm hoping this is read before the deletion!
GO MTVX!
Recheck what info??? The os in from the shareholders update a month ago was 5.3 bil now today Its over 6 billion. Those are facts straight from the filings maybe you should recheck your info
Yup Jahiles~~I was just laying on the sofa in La La land dressed in my Trading outfit (Hanes) 'till I shook myself out of it!!
Dark Chocolate and Darker Coffee!!!
Go MTVX.
: )
Big Arlen
Ya. I read about the 8K release this week on this board either yesterday or the day before!