MTVX Company info 08/22/2014 07:19:44 $MTVX
Conversion Price. Section 1.2 of the attached exhibit...
Discount rate of 37.5% to market price, look back 5 days but no more than $0.012 per share. This means the maximum conversion price given to this lender is $0.012 per share and if $0.012 represented a 37.5% discount to market price, the anticipated market price of MTVX is greater than $0.012.
This lender converts at the end of October 2014.
http://www.sec.gov/Archives/edgar/data/148652...ex1082.htm
Consulting Agreement - NDP Consulting
Section 5 Compensation for services: $250,000 in cash or registered stock(S-8 filing). Shares shall be priced at 0.01.
http://www.sec.gov/Archives/edgar/data/148652...ex1071.htm
Hope this helps,
BB
Ms BB, Checked convertible notes, can't find conversion 0,01$???
MTVX Stock Message Board http://investorshangout.com/APT-Moto-Vox-Grou...TVX-87784/
The only thing I can find is pertaining to FINRA RULE 6490 that basically says that a 10 day notice must be given BEFORE a reverse merger.
Issuer Obligations Under New FINRA Rule 6490
FINRA Rule 6490 (Processing of Company-Related Actions) codifies the requirements in SEA Rule 10b-17 for issuers of a class of publicly trading securities to provide timely notice to FINRA of certain corporate actions (e.g., dividend or other distribution of cash or securities, stock split or reverse split, rights or subscription offering). Generally pursuant to SEA Rule 10b-17, issuers must notify FINRA at least 10 days prior to the record date for such corporate action. Issuers must also notify FINRA of certain other corporate actions (e.g., the issuance of or change of trading symbols, mergers, bankruptcy) no later than 10 days prior to the effective date of the company action. Issuers must complete the required forms and pay the applicable fees within such time periods or they will be subject to late fees and delayed processing of documents to announce corporate actions.
The new rule further permits FINRA to request other documents that may be necessary to verify information issuers provide on the forms. FINRA may, in its discretion, conduct detailed reviews of submissions, on a case-by-case basis. Moreover, the new rule authorizes FINRA to not process a request to announce a corporate action if FINRA determines that the request is deficient and not processing is necessary to protect investors and the public interest and to maintain fair and orderly markets.
SEA Rule 10b-17 Company-Related Actions
SEA Rule 10b-17, an anti-fraud rule of the federal securities laws, provides that issuers must notify FINRA no later than 10 days prior to the record date involved. In case of a rights subscription or other offering, if the 10-day advance notice is not practical, issuers must notify FINRA on or before the record date and in no event later than the effective date of the registration statement to which the offering relates. Generally, issuers must notify FINRA of the following actions:
• a dividend or other distribution in cash or in kind, except an ordinary interest payment on a debt security, but including a dividend or distribution of any security of the same or another issuer;
• a stock split or reverse split; or
• a rights or other subscription offering (collectively, referred to as "SEA Rule 10b-17 Actions"
. For example, an issuer of non-exchange-listed publicly traded securities that is planning a stock split on shares of its common stock to holders of record on February 25 would be required under SEA Rule 10b-17 and FINRA Rule 6490 to provide written notice to FINRA no later than 10 days prior to the record date for the transaction, or by February 15.
Moreover, SEA Rule 10b-17 prescribes information that must be included in the notice, including, but not limited to:
• the title of the security;
• date of declaration;
• record date;
• payment or distribution date;
• for cash distributions, the amount to be paid per share;
• for distribution of securities, generally the amount of the security outstanding immediately prior to and immediately following the dividend or distribution and the rate of the dividend or distribution;
• details of any conditions that must be satisfied to enable the payment or distribution; and
• additional details relating to stock or reverse splits.
Issuers should review the text of SEA Rule 10b-17 to fully understand their obligations, which may be amended from time to time.
http://finra.complinet.com/en/display/display...ger#r12951
Welcome Future. Snazzy little bike, I hope your daughter has a fun and safe time playing with her new toy --- lucky girl.
Hopefully your new shares will pay big dividends in the Future. Great entry point I must say.
Company going through a difficult time with dilution issues, but hopefully it will be resolved sooner rather than later.
GLTY
Thanks for the reply. Anyways not that I don't believe you but maybe you or anybody could post a link stating there's a window period after a private Co becomes public that they are unable to RS for a certain time frame. I have been looking everywhere and do not see anything other than it common that RS Happen DURING a reverse merger or that they need to file 10 days in advance. Other than that I can not find any restrictions that would keep APT from doing a reverse split. So again if anybody has a LINK that would confirm this please show me. Thx
Perfect then! So all of the worries about RS is out the window. Patience will pay off! Go mtvx!
OS is over 6B
TOO MUCH ACCUMULATION FOR PPS MOVEMENT.... THING GOING DOWN... YOU DONT NEED AN CONCRETE CUBE TO UNDERSTAND......
8-K is releasing Aug 22 2014 to prove all with mislead information from others.
IronRidge will subordinate its security interest to the Company’s current financing partner that will allow APT MotoVox to produce and ship large current and future orders throughout the remainder of 2014.
APT MotoVox Group, Inc. is pleased to provide this update and assurances to shareholders that the Company is taking every action possible to bring the IronRidge transaction to a swift conclusion.
$MTVX
Pistol Pete!
I'm with you 100% BR. There is much coming in the pipeline and those able to load at the current levels will see life changing moves IMO.
MTVX
Hey, there's a new 8-k coming. Enjoy... It's gonna' be real kool.
$MTVX
And I can read an 8-K/a. So are you saying APT >>LIED<< to the court when they just stated they needed approval of their plan in order to put an end to the >>"IRONRIDGE DILUTION"<<???? Troy Covey said it here-->
http://ih.advfn.com/p.php?pid=nmona&article=63237907
You're asserting that there's been "no dilution" since the stock closed at .0009. Why would Troy lie to the court and say there is? Why would he blame Ironridge for something they're not doing? Why would he say he needed to get rid of them in order to be able to "produce and ship orders" through the end of this year?
Incorrect. This was a reverse merger. Please review the SEC filings.
Because I know how to read level 2.
$MTVX
MTVX -
Quote:
"Our products have received the highest marks for quality and design which is reflected in the demand for larger quantities in these key international markets. This is just the beginning of a huge rollout of MotoVox products through 2014 that we expect will explode in 2015," said Mr. Covey.
I think Mr. Covey is giving us a tidbit from the future! 28 Patents will drive this company and PPS much higher!!! ALOT OF EYES HERE!!!
So basically they can do an rs anytime because they dont fall as a reverse merger right?
How can you possibly make such a claim???
Quote:
However, the dilution stopped well before .0009 and MTVX is clearly being shorted and 1 tick flipped.
When on 8/13/14 the company stated in their 8-K/a--->
Quote:
To date, the Company has issued 1,120,000,000 shares to IronRidge in >>partial satisfaction<< of the original $2,287,000 claim (the “Claim”). The Settlement provides the Company with a solution to fully satisfy the Claim >>and bring an end to IronRidge >>DILUTION.<<
APT has petitioned the courts with a plan they desperately hope will provide "a solution to end the "Ironridge dilution" (THEIR words)" and allow them to "produce and ship orders through the end of 2014."
As of today I've seen no evidence whatsoever that such a plan has been approved. It's certainly not reflected in the stock price. Until proof is provided investors must assume Ironridge is still involved and "diluting" as APT charges... and that APT will be unable to "produce and ship" those orders as they told the court.
No reverse split for at least a year after a reverse merger...
Gonna be millions on the bid and ask for a while
Hope your right BR
Conversion Price. Section 1.2 of the attached exhibit...
Discount rate of 37.5% to market price, look back 5 days but no more than $0.012 per share. This means the maximum conversion price given to this lender is $0.012 per share and if $0.012 represented a 37.5% discount to market price, the anticipated market price of MTVX is greater than $0.012.
This lender converts at the end of October 2014.
http://www.sec.gov/Archives/edgar/data/148652...ex1082.htm
Consulting Agreement - NDP Consulting
Section 5 Compensation for services: $250,000 in cash or registered stock(S-8 filing). Shares shall be priced at 0.01.
http://www.sec.gov/Archives/edgar/data/148652...ex1071.htm
Hope this helps,
BB
Ms BB, Checked convertible notes, can't find conversion 0,01$???
MTVX Stock Message Board http://investorshangout.com/APT-Moto-Vox-Grou...TVX-87784/
The only thing I can find is pertaining to FINRA RULE 6490 that basically says that a 10 day notice must be given BEFORE a reverse merger.
Issuer Obligations Under New FINRA Rule 6490
FINRA Rule 6490 (Processing of Company-Related Actions) codifies the requirements in SEA Rule 10b-17 for issuers of a class of publicly trading securities to provide timely notice to FINRA of certain corporate actions (e.g., dividend or other distribution of cash or securities, stock split or reverse split, rights or subscription offering). Generally pursuant to SEA Rule 10b-17, issuers must notify FINRA at least 10 days prior to the record date for such corporate action. Issuers must also notify FINRA of certain other corporate actions (e.g., the issuance of or change of trading symbols, mergers, bankruptcy) no later than 10 days prior to the effective date of the company action. Issuers must complete the required forms and pay the applicable fees within such time periods or they will be subject to late fees and delayed processing of documents to announce corporate actions.
The new rule further permits FINRA to request other documents that may be necessary to verify information issuers provide on the forms. FINRA may, in its discretion, conduct detailed reviews of submissions, on a case-by-case basis. Moreover, the new rule authorizes FINRA to not process a request to announce a corporate action if FINRA determines that the request is deficient and not processing is necessary to protect investors and the public interest and to maintain fair and orderly markets.
SEA Rule 10b-17 Company-Related Actions
SEA Rule 10b-17, an anti-fraud rule of the federal securities laws, provides that issuers must notify FINRA no later than 10 days prior to the record date involved. In case of a rights subscription or other offering, if the 10-day advance notice is not practical, issuers must notify FINRA on or before the record date and in no event later than the effective date of the registration statement to which the offering relates. Generally, issuers must notify FINRA of the following actions:
• a dividend or other distribution in cash or in kind, except an ordinary interest payment on a debt security, but including a dividend or distribution of any security of the same or another issuer;
• a stock split or reverse split; or
• a rights or other subscription offering (collectively, referred to as "SEA Rule 10b-17 Actions"
. For example, an issuer of non-exchange-listed publicly traded securities that is planning a stock split on shares of its common stock to holders of record on February 25 would be required under SEA Rule 10b-17 and FINRA Rule 6490 to provide written notice to FINRA no later than 10 days prior to the record date for the transaction, or by February 15. Moreover, SEA Rule 10b-17 prescribes information that must be included in the notice, including, but not limited to:
• the title of the security;
• date of declaration;
• record date;
• payment or distribution date;
• for cash distributions, the amount to be paid per share;
• for distribution of securities, generally the amount of the security outstanding immediately prior to and immediately following the dividend or distribution and the rate of the dividend or distribution;
• details of any conditions that must be satisfied to enable the payment or distribution; and
• additional details relating to stock or reverse splits.
Issuers should review the text of SEA Rule 10b-17 to fully understand their obligations, which may be amended from time to time.
http://finra.complinet.com/en/display/display...ger#r12951
Welcome Future. Snazzy little bike, I hope your daughter has a fun and safe time playing with her new toy --- lucky girl.
Hopefully your new shares will pay big dividends in the Future. Great entry point I must say.
Company going through a difficult time with dilution issues, but hopefully it will be resolved sooner rather than later.
GLTY
Thanks for the reply. Anyways not that I don't believe you but maybe you or anybody could post a link stating there's a window period after a private Co becomes public that they are unable to RS for a certain time frame. I have been looking everywhere and do not see anything other than it common that RS Happen DURING a reverse merger or that they need to file 10 days in advance. Other than that I can not find any restrictions that would keep APT from doing a reverse split. So again if anybody has a LINK that would confirm this please show me. Thx
Perfect then! So all of the worries about RS is out the window. Patience will pay off! Go mtvx!
OS is over 6B
TOO MUCH ACCUMULATION FOR PPS MOVEMENT.... THING GOING DOWN... YOU DONT NEED AN CONCRETE CUBE TO UNDERSTAND......
8-K is releasing Aug 22 2014 to prove all with mislead information from others.
IronRidge will subordinate its security interest to the Company’s current financing partner that will allow APT MotoVox to produce and ship large current and future orders throughout the remainder of 2014.
APT MotoVox Group, Inc. is pleased to provide this update and assurances to shareholders that the Company is taking every action possible to bring the IronRidge transaction to a swift conclusion.
$MTVX
Pistol Pete!
I'm with you 100% BR. There is much coming in the pipeline and those able to load at the current levels will see life changing moves IMO.
MTVX
Hey, there's a new 8-k coming. Enjoy... It's gonna' be real kool.
$MTVX
And I can read an 8-K/a. So are you saying APT >>LIED<< to the court when they just stated they needed approval of their plan in order to put an end to the >>"IRONRIDGE DILUTION"<<???? Troy Covey said it here-->
http://ih.advfn.com/p.php?pid=nmona&article=63237907
You're asserting that there's been "no dilution" since the stock closed at .0009. Why would Troy lie to the court and say there is? Why would he blame Ironridge for something they're not doing? Why would he say he needed to get rid of them in order to be able to "produce and ship orders" through the end of this year?
Incorrect. This was a reverse merger. Please review the SEC filings.
Because I know how to read level 2.
$MTVX
MTVX -
Quote:
"Our products have received the highest marks for quality and design which is reflected in the demand for larger quantities in these key international markets. This is just the beginning of a huge rollout of MotoVox products through 2014 that we expect will explode in 2015," said Mr. Covey.
I think Mr. Covey is giving us a tidbit from the future! 28 Patents will drive this company and PPS much higher!!! ALOT OF EYES HERE!!!
So basically they can do an rs anytime because they dont fall as a reverse merger right?
How can you possibly make such a claim???
Quote:
However, the dilution stopped well before .0009 and MTVX is clearly being shorted and 1 tick flipped.
When on 8/13/14 the company stated in their 8-K/a--->
Quote:
To date, the Company has issued 1,120,000,000 shares to IronRidge in >>partial satisfaction<< of the original $2,287,000 claim (the “Claim”). The Settlement provides the Company with a solution to fully satisfy the Claim >>and bring an end to IronRidge >>DILUTION.<<
APT has petitioned the courts with a plan they desperately hope will provide "a solution to end the "Ironridge dilution" (THEIR words)" and allow them to "produce and ship orders through the end of 2014."
As of today I've seen no evidence whatsoever that such a plan has been approved. It's certainly not reflected in the stock price. Until proof is provided investors must assume Ironridge is still involved and "diluting" as APT charges... and that APT will be unable to "produce and ship" those orders as they told the court.
No reverse split for at least a year after a reverse merger...
Gonna be millions on the bid and ask for a while
Hope your right BR
