I gave a comment about how the A/S should be reserved and why. I did not give a comment about whether they will be used or how much. It is your opinion that all 20 billion shares will be used this year. It is my opinion you are wrong. Suggest you re-read how the Company plans on using the proceeds from the Cerner deal that is anticipated to close this quarter and if it did not say they will be retiring additional debt instead of using equity (shares). So, is your statement of using all 20 billion shares this year a fair one or does it contract the plans of the company to use cash to retire debt?
MTVX - WRONG!!! 90 percent of the things you own come from China so join the club....Motovox worth depends on what the share reduction ends up being...That will immediately shoot the PPS skyward...But as Ms BB has already stated..lets leave it where it is for now...we are selling chinese/japanese/vietnam/mexican/american bikes by the truckloads...and soon everything else...Some of the best things are made by foreign countries...WOW! We all came from some other country!!LOL! Only real Americans are the American Indians.....I bet they want a Motovox bike as well!! WOW!
MTVX Stock Message Board http://investorshangout.com/APT-Moto-Vox-Grou...TVX-87784/
$MTVX Reaches Next Milestone in Strengthening its Balance Sheet to Create Value for Shareholders
That's exactly what happened today for all investors in this company. We were in pennies and now we're headed there again.
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"MTVX - When they do retire those shares..this will immediately jump to silver and beyond"
You DO realize at a dime that would mean this Chinese mini bike/ go kart company run by a twice bankrupt ex-pastor would have a market cap of $2 BILLION!!!!!!
Now THAT'S funny!
Their current rate is about a billion a month so be nice and give them 13 months at least lol
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"It is better to keep the A/S at 20 billion for a issuer like MTVX. A common mistake made by inexperienced CEOs in this space is that they do not reserve enough A/S from the beginning and keep going back to increase it which destroys shareholder sentiment hence share price. It is a well known reality that public companies on the OTCM need to issue many shares due to unavailability of traditional financing. It is idiotic and misleading to make the public think that a pink issuer or a penny stock will not dilute. To increase A/S continuously is more damaging than having a big reserve."
Therefore those 13-14 Billion currently authorized --but as yet unissued-- shares are needed because the company will very likely issue them? So no one can can complain when all 20 billion hit the market because they knew the A/S going in?
Imo APT will burn through all 20 billion within a year.
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MTVX - When they do retire those shares..this will immediately jump to silver and beyond
Agreed -- that's why, imo, I believe MTVX will do a modest share buy-back before the retirement of shares so that they can get them at a good price.
All in due time, as you say: "Be Patient."
Thanks for your posts, definitely helped me with the 8-k.
Got a little $$ this week and was going to grab some more shares, but looking at the PPS action,
and after reading more posts than I should've, I "chickened" out.
After digesting the 8-k and reading your posts, I will get them on Monday.
I feel like one of the chicks in your avatar.
TY
I agree with you.....but also MTVX may use the retiring of some of the A/S as a tool to boost the share price to .01 and beyond. Just a thought!!
I do not have information from the Company as I keep a policy of not contacting them directly. I will do some more thought to your question and post the board in the near future.
Thanks,
when do we hit 3 cents again.?..thanks
Monster Moto is next... I can't wait to hear what the judge has to say.
MTVX - WOW! This is better than then a tennis match at Wimbeldon...Watching Ms BB slap those tennis balls back is breathtaking!!! LOL!! Well said Ms BB....Well said...A/S is necessary until consistent revenues are stable.
I agree. Every time a company announces an increase in A/S the investor confidence is damaged tremendously. But do you have any information as to whether the management is considering a reduction in O/S in the bear future? Thank you.
MTVX - When they do retire those shares..this will immediately jump to silver and beyond...shhhhhhhush....it's not time yet...That's their ace in the hole...you are spoiling the surprise..Be patient...
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if there are no more toxic financiers involved in APT
First of all, let me make an important point about what you seem to think "toxic" is. Other than IR, who are the "toxic" financiers on MTVX? Do you realize EVERY lender/investor of MTVX has paid a considerable premium as EVIDENCED by the additional paid in capital?
Let me give you some math for you to consider and you can tell me if MTVX lenders are "toxic" and/or if the term "toxic" should mean something else for a different situation.
Additional paid in capital = $32 million
O/S: 6 billion
on average, this comes out to: $0,0053 per share paid above par Do you think the lenders/investors/legacy investors want a return better than $0,0053 or what?
Second point: It is better to keep the A/S at 20 billion for a issuer like MTVX. A common mistake made by inexperienced CEOs in this space is that they do not reserve enough A/S from the beginning and keep going back to increase it which destroys shareholder sentiment hence share price. It is a well known reality that public companies on the OTCM need to issue many shares due to unavailability of traditional financing. It is idiotic and misleading to make the public think that a pink issuer or a penny stock will not dilute. To increase A/S continuously is more damaging than having a big reserve. For this reason, it is my humble opinion that it is perfectly fine for MTVX to leave the A/S as it is until they grow their top/bottom revenue lines and at that time, they can address the S/S accordingly. The company has to learn to walk before it can run.
Thank you for explaining this so clearly. We appreciate your effort
Like it or not, this is an appealing channel to trade in
IR will never get the remaining shares because this will never hit .01 again. The 8k shows more toxic financing...how is this a good thing?