MTVX Discussion Topics 08/22/2014 10:21:13 $MTVX
14's getting chipped, chipped, chipped....
$MTVX
Anemic volume.
Going nowhere.
MTVX Stock Message Board http://investorshangout.com/APT-Moto-Vox-Grou...TVX-87784/
Holy shiite Diane!!! We agreed on somethin, watch out now cause the sky might be fallin...
In my case, hopefully it's some of these damn walls fallin down!
Well, at least we can agree on THAT!LOL!
Quote:
I wouldn't put it past Paul to lie to ya, if that is what he said.. seems like quite to douche to me
I've said before that he was less than honest while he was IR for CBAI under Schissler...
When called on it later, he blamed it all on the conpany...
saying he could only tell investors what the conpany ALLOWED him to...
Why is it that when an investor ask him about the TAC Investments bankruptcy;
(because the investor had stumbled across it, and American Performance Technologies was listed as a creditor)
Paul told him he would look into it, never gave an answer, and then ceased replying to the person???
I found the answers in less than 24 hours...
Yeah...Pauly K is a dirtbag!!!
Quote:
Yes...Schissler got the BETTER deal!
Dianne, you really do not seem to understand. Conversion price being at 1c, 2c or 0,005 or at bid price does not determine "better" in anyway. Schissler is being paid per his contract which is $250,000 for 2 years worth of consulting services. He opted to bill monthly so far and received shares in lieu of cash. Getting less or more shares per invoice is not better or worse for him. In terms of consulting fees charged at $250,000, the two agreements ARE THE SAME. Do not let share price given or # of share issued to either confuse you.
$MTVX... There is a 8-k coming, there is the fact they have already accepted a deal for non-revenue producing assets (Cerner), they have and are presenting to NASA, they doubled the Latin America orders (which btw equates to approx. 20,000 units), they take other smaller orders weekly, parts sales, SonicFlo and SmartCarb revolutionary products with sales, they have not even launched in USA Europe & Asia yet the 150mpg bike coming.
These are facts... Gonna' be some major action here soon. Question is: do I have enough shares?
$MTVX
Soo this wont go higher than 0.012?
What the note says is clear. The ceiling price on the conversion is 0.012 per share, it doesn't matter how the calculation was done. Your breakdown is your assumption, it is not stated on the note--other than what is expressly written. Yes, the note says, No more than 0.012. That is what a ceiling price means.
Never seen someone argue something so simple like a basic convertible note. No need to explain to me how conversions work. As for the rest of the exhibits, feel free to spin them in any direction you want.
How have you "proved" that Schissler's agreement is "better" than Pritt's? Pritt had a contract to receive shares at 1c which he sold for less. That is his business. Schissler's conversion price is a function of the share price, "bid". What if the closing bid on the security were 2c and higher before the conclusion of the 2 year contract? Doesn't he pay double or more than Pritt? If that were the case, it is REALLY better? HOGWASH. The only thing you've proved is "jumping to conclusions" without seeing the conclusion of the terms.
I would be surprised if we hit trips again. 0.0013 I think will be the bottom. But I've been surprised before.
Quote:
His agreement is supposed to be $250K at the time of signing but it appears he is invoicing MTVX on a monthly basis.
It says that right in the paragraph on compensation...
Quote:
This is an average of $0.0084 per share.
Not much better in April/May...
but the pps has continued to fall!
As you note, his conversion for April was actually ABOVE Pritt's 1¢...but May was far lower, and June and July???
Nothing listed in the Q, but the chart shows you the conversion would be lower still...
Yes...Schissler got the BETTER deal!
Quote:
Notes given to lenders are written so that the offers are attractive to them hence this particular lender seems to agree that a ceiling price of $0.012 per share is a good one for him as well as the 37.5% discount AND the 5 day look back. This is very different from a 50% discount with a +15 day look back which is pretty standard in the business.
Yes...this is a WIN WIN for the lender...I agree with THAT!
Quote:
The note says NO MORE than $0.012 per share...Not NO LESS!!! If it said "no less", I might believe that this was actually a sign that the pps would be going up.
Instead, this wording was simply to give the note holder the benefit of any upside, while they are still protected from the downside by the variable conversion rate.
So if the pps goes UP they make far more; if the pps goes DOWN they're getting the 37.5% discount off the lowest "market price" in the 5 day look back + they already got the "original issuance discount" of $6250...
FOR EXAMPLE...
The pps goes to 3¢...the conversion rate calc would be .03 x .625 = .01875...but instead they get to use .012 ("no MORE than .012"
...THAT EQUALS MORE SHARES FOR THE NOTE HOLDER!!!
If the pps falls to .0008 x .625 = they get to convert at .0005!!!
WIN WIN...for them...
but there is NO WAY this means the pps is going higher than 1¢ or that the "anticipated market price of MTVX is greater than $0.012"!!!
your thesis has been that these terms mean the pps is going up...and you've stated that these "lenders"...of which there is only ONE, with these terms..."will convert at 1¢ and above"
Quote:
Lenders already gave $180K, $500K and etc. They will convert at 1c and above.
That is simply unfounded...
I was looking to jump in on this one and load 20 mil shares but looks obvious that dilution is very strong right now. I wait till hits triple zeros, which is not far from here. MTVX
Right. Cool story bro
That's a lot of work to just be guessing
Oh Dear! That's not telling the WHOLE story is it???
You've claimed...Quote:
if you look at some of the convertible notes that were issued during the 2Q, and/or consulting agreements that could also be paid in equity, you'd see that conversion price per share is 1c.
Quote:
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.
Quote:
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.
I've ask for the link and now you've come up with this
Quote:
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
HOGWASH! That note is dated 4/25...five days prior to that the trading range was as high as .025 to as low as .0105...
for simplicity's sake; lets just take the avg of that (= .01775) and multiple times the .625, as the conversion price is calculated by "The "Varible Conversion Price" shall mean 62.5% multiplied by the Market Price (defined herein) (representing a discount of 37.5%), but no more than $0.012 per share. "Market Price" means the lowest Trading Price (as defined below) for the Common Stock during the five Trading Day period ending on the latest complete Trading Day prior to the Conversion Date."
this comes out to .01109...pretty darn close to the .012...
The note says NO MORE than $0.012 per share...Not NO LESS!!! If it said "no less", I might believe that this was actually a sign that the pps would be going up.
Instead, this wording was simply to give the note holder the benefit of any upside, while they are still protected from the downside by the variable conversion rate.
So if the pps goes UP they make far more; if the pps goes DOWN they're getting the 37.5% discount off the lowest "market price" in the 5 day look back + they already got the "original issuance discount" of $6250...
FOR EXAMPLE...
The pps goes to 3¢...the conversion rate calc would be .03 x .625 = .01875...but instead they get to use .012 ("no MORE than .012" ...THAT EQUALS MORE SHARES FOR THE NOTE HOLDER!!!
If the pps falls to .0008 x .625 = they get to convert at .0005!!!
WIN WIN...for them...
but there is NO WAY this means the pps is going higher than 1¢ or that the "anticipated market price of MTVX is greater than $0.012"!!!
I've already proven that your statement about the consulting agreements, ONLY APPLIES to Pritt's ...it is NOT TRUE about Schissler's!
Pritt is the one who has gotten ripped off in all this as his agreement DOES lock in the "1¢" conversion rate...LOL!!!
considering he sold at .0026, his 25M shares, which should have = $250K, really only got him 65K...
OUCH!!! and people said he only sold because he's "old"...LOL...
If he had waited, his 250K would have been about 30K!!!
I have talked to him directly, thank you very much... but thanks for "speculating" on the fact that I may be speculating.. lol hth ROFLMFAO lol
Actually if you really cared that much about the 8K, you can just email Paul- APT directly, instead of speculating so much.
Likely going to be a long filing including the entire settlement agreement, they might just want to give everyone enough time to read it.
Even been in contact with our little shareholder liaison? Your defense implies you have, yet if you had, you would have no defense..
Yeah, they released the last 8k announcing the deal premarket so of course they would release the 8k announcing the deal is done after hours. Huh?? This company is a joke...
14's getting chipped, chipped, chipped....
$MTVX
Anemic volume.
Going nowhere.
MTVX Stock Message Board http://investorshangout.com/APT-Moto-Vox-Grou...TVX-87784/
Holy shiite Diane!!! We agreed on somethin, watch out now cause the sky might be fallin...
In my case, hopefully it's some of these damn walls fallin down!
Well, at least we can agree on THAT!LOL!
Quote:
I wouldn't put it past Paul to lie to ya, if that is what he said.. seems like quite to douche to me
I've said before that he was less than honest while he was IR for CBAI under Schissler...
When called on it later, he blamed it all on the conpany...
saying he could only tell investors what the conpany ALLOWED him to...
Why is it that when an investor ask him about the TAC Investments bankruptcy;
(because the investor had stumbled across it, and American Performance Technologies was listed as a creditor)
Paul told him he would look into it, never gave an answer, and then ceased replying to the person???
I found the answers in less than 24 hours...
Yeah...Pauly K is a dirtbag!!!
Quote:
Yes...Schissler got the BETTER deal!
Dianne, you really do not seem to understand. Conversion price being at 1c, 2c or 0,005 or at bid price does not determine "better" in anyway. Schissler is being paid per his contract which is $250,000 for 2 years worth of consulting services. He opted to bill monthly so far and received shares in lieu of cash. Getting less or more shares per invoice is not better or worse for him. In terms of consulting fees charged at $250,000, the two agreements ARE THE SAME. Do not let share price given or # of share issued to either confuse you.
$MTVX... There is a 8-k coming, there is the fact they have already accepted a deal for non-revenue producing assets (Cerner), they have and are presenting to NASA, they doubled the Latin America orders (which btw equates to approx. 20,000 units), they take other smaller orders weekly, parts sales, SonicFlo and SmartCarb revolutionary products with sales, they have not even launched in USA Europe & Asia yet the 150mpg bike coming.
These are facts... Gonna' be some major action here soon. Question is: do I have enough shares?
$MTVX
Soo this wont go higher than 0.012?
What the note says is clear. The ceiling price on the conversion is 0.012 per share, it doesn't matter how the calculation was done. Your breakdown is your assumption, it is not stated on the note--other than what is expressly written. Yes, the note says, No more than 0.012. That is what a ceiling price means.
Never seen someone argue something so simple like a basic convertible note. No need to explain to me how conversions work. As for the rest of the exhibits, feel free to spin them in any direction you want.
How have you "proved" that Schissler's agreement is "better" than Pritt's? Pritt had a contract to receive shares at 1c which he sold for less. That is his business. Schissler's conversion price is a function of the share price, "bid". What if the closing bid on the security were 2c and higher before the conclusion of the 2 year contract? Doesn't he pay double or more than Pritt? If that were the case, it is REALLY better? HOGWASH. The only thing you've proved is "jumping to conclusions" without seeing the conclusion of the terms.
I would be surprised if we hit trips again. 0.0013 I think will be the bottom. But I've been surprised before.
Quote:
His agreement is supposed to be $250K at the time of signing but it appears he is invoicing MTVX on a monthly basis.
It says that right in the paragraph on compensation...
Quote:
This is an average of $0.0084 per share.
Not much better in April/May...
but the pps has continued to fall!
As you note, his conversion for April was actually ABOVE Pritt's 1¢...but May was far lower, and June and July???
Nothing listed in the Q, but the chart shows you the conversion would be lower still...
Yes...Schissler got the BETTER deal!
Quote:
Notes given to lenders are written so that the offers are attractive to them hence this particular lender seems to agree that a ceiling price of $0.012 per share is a good one for him as well as the 37.5% discount AND the 5 day look back. This is very different from a 50% discount with a +15 day look back which is pretty standard in the business.
Yes...this is a WIN WIN for the lender...I agree with THAT!
Quote:
The note says NO MORE than $0.012 per share...Not NO LESS!!! If it said "no less", I might believe that this was actually a sign that the pps would be going up.
Instead, this wording was simply to give the note holder the benefit of any upside, while they are still protected from the downside by the variable conversion rate.
So if the pps goes UP they make far more; if the pps goes DOWN they're getting the 37.5% discount off the lowest "market price" in the 5 day look back + they already got the "original issuance discount" of $6250...
FOR EXAMPLE...
The pps goes to 3¢...the conversion rate calc would be .03 x .625 = .01875...but instead they get to use .012 ("no MORE than .012"
...THAT EQUALS MORE SHARES FOR THE NOTE HOLDER!!! If the pps falls to .0008 x .625 = they get to convert at .0005!!!
WIN WIN...for them...
but there is NO WAY this means the pps is going higher than 1¢ or that the "anticipated market price of MTVX is greater than $0.012"!!!
your thesis has been that these terms mean the pps is going up...and you've stated that these "lenders"...of which there is only ONE, with these terms..."will convert at 1¢ and above"
Quote:
Lenders already gave $180K, $500K and etc. They will convert at 1c and above.
That is simply unfounded...
I was looking to jump in on this one and load 20 mil shares but looks obvious that dilution is very strong right now. I wait till hits triple zeros, which is not far from here. MTVX
Right. Cool story bro
That's a lot of work to just be guessing
Oh Dear! That's not telling the WHOLE story is it???
You've claimed...Quote:
if you look at some of the convertible notes that were issued during the 2Q, and/or consulting agreements that could also be paid in equity, you'd see that conversion price per share is 1c.
Quote:
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.
Quote:
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.
I've ask for the link and now you've come up with this
Quote:
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
HOGWASH! That note is dated 4/25...five days prior to that the trading range was as high as .025 to as low as .0105...
for simplicity's sake; lets just take the avg of that (= .01775) and multiple times the .625, as the conversion price is calculated by "The "Varible Conversion Price" shall mean 62.5% multiplied by the Market Price (defined herein) (representing a discount of 37.5%), but no more than $0.012 per share. "Market Price" means the lowest Trading Price (as defined below) for the Common Stock during the five Trading Day period ending on the latest complete Trading Day prior to the Conversion Date."
this comes out to .01109...pretty darn close to the .012...
The note says NO MORE than $0.012 per share...Not NO LESS!!! If it said "no less", I might believe that this was actually a sign that the pps would be going up.
Instead, this wording was simply to give the note holder the benefit of any upside, while they are still protected from the downside by the variable conversion rate.
So if the pps goes UP they make far more; if the pps goes DOWN they're getting the 37.5% discount off the lowest "market price" in the 5 day look back + they already got the "original issuance discount" of $6250...
FOR EXAMPLE...
The pps goes to 3¢...the conversion rate calc would be .03 x .625 = .01875...but instead they get to use .012 ("no MORE than .012"
...THAT EQUALS MORE SHARES FOR THE NOTE HOLDER!!! If the pps falls to .0008 x .625 = they get to convert at .0005!!!
WIN WIN...for them...
but there is NO WAY this means the pps is going higher than 1¢ or that the "anticipated market price of MTVX is greater than $0.012"!!!
I've already proven that your statement about the consulting agreements, ONLY APPLIES to Pritt's ...it is NOT TRUE about Schissler's!
Pritt is the one who has gotten ripped off in all this as his agreement DOES lock in the "1¢" conversion rate...LOL!!!
considering he sold at .0026, his 25M shares, which should have = $250K, really only got him 65K...
OUCH!!! and people said he only sold because he's "old"...LOL...
If he had waited, his 250K would have been about 30K!!!
I have talked to him directly, thank you very much... but thanks for "speculating" on the fact that I may be speculating.. lol hth ROFLMFAO lol
Actually if you really cared that much about the 8K, you can just email Paul- APT directly, instead of speculating so much.
Likely going to be a long filing including the entire settlement agreement, they might just want to give everyone enough time to read it.
Even been in contact with our little shareholder liaison? Your defense implies you have, yet if you had, you would have no defense..
Yeah, they released the last 8k announcing the deal premarket so of course they would release the 8k announcing the deal is done after hours. Huh?? This company is a joke...
