8k was very positive when dissected correctly. The truth is IR is agreeing to let the price go up to at least a penny before any more dilution takes place, also they are limited to receiving 388 million additional shares at Max as long as a penny is achieved. It's in the best interest of all involve to allow MTVX to breathe a little. This is a newly listed company that has huge promise. Other companies that lend money to them and take shares as there payment also want the price to go up so they make more on there loan. These lenders aren't stupid and realize they are lending money to a winner. Third and fourth quarter will will be epic, and many will wish they bought more or held. GLT us
When we are still at .0015 or less next month then what's going to be the excuse this time ?? Everyone was saying that the price was going to pop this week because the deal with IronRidge was done on the 19th. If it was done why is the pps still stuck??
MTVX Stock Message Board http://investorshangout.com/APT-Moto-Vox-Grou...TVX-87784/
This basically tells us that IR is out of the picture til' march and if you think the price will not reach .01 at that point then youre damn wrong coz a lot of investors are just waiting for IR to be gone. You will the start on monday scumeater.
Then why hasn't the pps budged at all?? It's not up to just ironridge if the pps goes up there are other debt holders that are diluting. They even said this in the conference call. IRONRIDGE ISNT THE ONLY REASON WHY THE PPS IS DOWN SO LOW AND WONT MOVE. yeah the contract seem like it's ironridge taking a back seat but what happens if the price doesn't reach .01??? What happens if the price stays where it has been for the last month??? If the price doesn't rise the like I said the prior terms are still in effect. And ironridge will recieve another billion point blank. Your basing your thinking on probabilities. IF this happens IF that happens .. IF IF IF.. how about what IF apt has given out to many shares to other institutions that the price won't raise even if ironridge stops diluting?? What happens then?? Then the new agreement is basically worthless. . The new agreement is only valid IF AND ONLY IF it reaches .01. That's a big if for a stock that averaged 23 mil shares diluted a day in the Last month .. apt diluted this stock with 700 mil shares in the last thirty days.. plus another 63 million on the 20th.
Read C and D and you will understand! Stop picking sentences that suits your agenda coz the statements after tells that you are wrong and plaintiff agrees to a new formula because the prior order has driven the pps down.
Yes under the section which says "stipulation to modify prior order"
Paragraph 7 was superceded and replaced! Lines 1-9 of page 5
In full effect but modified.
Geez....who is "scammy" now!
I like how you changed "prior order" with "prior agreement" too. No biggie but interesting none the less.
Quote:
Oh its there trust me look on page 5, line 11-17..
http://www.sec.gov/Archives/edgar/data/148652..._ex991.htm
The prior agreement is still in FULL EFFECT. nothing has changed except that they added a trigger date.. but if the stock doesn't reach a penny NOTHING CHANGES ironridge will get another billion shares
MTVX - Dude...Your futile attempt at trying explain this contract doesn't make sense. Ironridge has agreed to subordinate the original term with new terms. They wouldn't want to agree to new terms unless the thousand pounds of bricks that hang over the company remain in place. It called capitalism...They agree to allow the price to rise so that it benefits both mutually. Ironridge original terms protected them in case the PPS drops. They have benefited at shareholders expense because they held the debt. Now it's time to reverse course and reward shareholders and that is exactly what is happening. Some would rather see the current demise of this company. What a waste of time that is.
not soon enough for me...
Oh its there trust me look on page 5, line 11-17..
http://www.sec.gov/Archives/edgar/data/148652..._ex991.htm
The prior agreement is still in FULL EFFECT. nothing has changed except that they added a trigger date.. but if the stock doesn't reach a penny NOTHING CHANGES ironridge will get another billion shares
I must be reading something entirely different than you...
Lmao it is the same it says right in there that the prior order will reman in effect. The only thing that is added is the trigger date.. how can you guarantee that this will go over a penny.. they are still diluting .. they just passed out 63 million more shares.. Why is the pps still stuck in one position if this deal is such a great thing?? What happens if the stock doesn't reach .01??? Your basing everything you say off of a guarantee that the stock will go to .01. Your saying it's IMPOSSIBLE that the stock will stay under a .01. Can you enlighten me how it's COMPLETELY IMPOSSIBLE that this stock stays below .01 considering the multi million $$ pr you were touting didn't even budge the pps a tick. How is it impossible ?? It's not impossible and ironridge will be getting more then 381 mil shates
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Motovox worth depends on what the share reduction ends up being...
Exactly! After IR and other lenders gone, and a healthy share buy-back and a retirement of shares (in the billions I hope), a R/S will [should] follow. I'm guessing in the neighborhood of 550mil to 650mil O/S.
If MTVX lives up to the expectations we believe they have, with the varied products and patents, steady revs/profits, etc --- then well a dime ($55mil to $65mil market cap) is not only "funny," but conservative. I'm speculating .50!
Again, waaay down the line.
Yep.. So the focus should shift a bit, how can MTVX rally to .02 while building a strong, extended base above .01? .. IR resolution was #1 on my wish list. Now we need audited FINS AND some juicy NEW TECH updates. . SonicFlow and SmartCarb related..MTVX can become a many tentacled monster. That's why we are here after all.. And this is the top board on Ihub .. So we are many .. Thank you APT management for helping us move past IR ! ..TY Ms BB for the education
Don't forget the Made in the USA SmartCarb. Coming thru Gas Gas and other outlets.
$MTVX
Nice Post,Thumbs up to you lowmyoad.Go MTVX ShareHolders Know what you owed.
On top of today we have Cerner $$$$ coming and a 40% debt reduction per the company.
It's getting really interesting how this is turning around.
$MTVX
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 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.