It wasn't through NITE.
Read the RM agreement and the last two 10Qs for your answer.
MTVX Stock Message Board http://investorshangout.com/APT-Moto-Vox-Grou...TVX-87784/
and how did they magically dilute 5 billions shares in 4 months ?
Yep.
There isn't a sponsoring MM on MTVX currently, which is why the stock has an unsolicited quotes only warning on it. Retail MMs don't have a supply of shares to dilute.
Quote:
"Just a matter of time before $MTVX blows"
I'm pretty sure it already does :~)
NITE is a retail MM, not institutional.
MTVX diluters were VFIN and VNDM.
process whatever they are paid for.. retail or not, it's the biggest MM in OTC stocks
I think it is just a one tick flipper
Really? They don't process retail orders?.......
sure of that ? NITE diluted since the beginning of time.. LOL
Just a matter of time before $MTVX blows out of this channel. Think about just the product pipeline.
Putting today's PR in perspective--->
Nearly 3 weeks ago (August 4th) APT announced:
Quote:
APT MotoVox Group, Inc. Announces Large International Order for MBX Mini Bike Line
KANSAS CITY, Mo., Aug. 4, 2014 /PRNewswire via COMTEX/ -- APT MotoVox Group, Inc. (OTC BB: MTVX) today announced its first major international order of 2,000 units of its MBX Mini Bike line, an order from a new distribution customer in Latin America that supplies the largest retailers in the region. MotoVox products will soon be found in Sam's Club, Elektra, Liverpool and other key stores throughout Latin America.
The order is a direct result of a "rate of sale" test within markets in Mexico that produced a 97% sell through in just four weeks. http://www.otcmarkets.com/stock/MTVX/news
Today's PR announced
Quote:
..receipt of new orders that doubled existing orders in Mexico and Latin America. MotoVox products will be delivered to Sam's Club, Groupo Elektra, Liverpool and other key stores throughout Latin America.
http://www.ih.advfn.com/p.php?pid=nmona&article=63333628
Presumably Troy now puts the number of "orders" at 4,000 units.
However, in the 8-K/a dated Aug 13 Troy states APT petitioned the court for permission to rid themselves of toxic "diluter" Ironridge which they deem necessary in order to
Quote:
"allow APT MotoVox to produce and ship large current and future orders throughout the remainder of 2014."
Translation-- APT can neither "produce nor ship" any of these large orders this year as long as the Ironridge deal remains in force. That's the reason they gave to the court. Troy "anticipated" the court would approve this plan by August 18th. If anyone has verifiable proof that the court approved this plan then please post it.
Retail MMs don't dilute.
Hey, MM CSTI is at .0025!! I think we are headed UP!!!
nope, shares count doesn't match
my scanner says it clear, no trips shares left to sell
I buy MTVX shares in 8s and 9s as well. Don't understand your point.
Yep and probably buys in 8's
It's all about trust scameater and right now most savvy investors have no confidence in MTVX but in time that will change, imo.