Good luck with that!
They probably just want another crack at .0002 - Can't say I blame them.
I saw her A$$ already.
No worries, I believe you. Things tend to jump around on Ihub quite a bit.
WOW thanks! I didn't know this! Hell these were the ONLY 2 things APT had going for them and reason I first bought in.
APT signed over to Mazuma their IP "intellectual property" (PATENTS to their SONICFLOW and SMARTCARB) for a loan $6,718,743 and $6,781,906, respectively!!!
Man how deep of a hole can APT dig jeez.....
http://assignments.uspto.gov/assignments/q?db...frame=0083
In exchange for the loan. The lender (Mazuma) then grants a license to practice the IP (patents) back to the company (APT). As the lender now owns the IP, the lender has the right to exclude others from practicing it. ABSENT A LICENSE FROM THE LENDER (Mazuma), the borrower does not have the right to practice the IP and its value as a company is diminished, an outcome the lender does not want. Therefore the lender will need to license the borrower to prac- tice the IP. As a result, the lender is given ownership of the IP, while the borrower and ANY OTHER PARTY that is granted a license from the lender is free to market products using that IP.
Now as owner and lender of the (IP) (Mazuma) becomes directly involved in management of the borrower’s (APT's) business , to the extent the IP is central to that business. The assignment can put the lender (Mazuma) in the driver’s seat in regard to decisions about patents, including whether or how to license the patent, how to prosecute patent applications, and whether to enforce the patents against infringers.
From audited financials;
6. LINE OF CREDIT
On April 30, 2013, APT Powersport and Utility Products amended an original credit agreement entered into on June 30, 2011 with Mazuma Credit Union. The terms of the credit agreement include, 6.25% interest (rate as of financial statement date) through the maturity date of December 31, 2013. As of December 31, 2013 and 2012, the Company owed $834,265 and $998,947, respectively.
On December 29, 2011, APT Powersport and Utility Products amended an original credit agreement entered into on August 25, 2011 with Mazuma Credit Union. The terms of the credit agreement include, 6.25% interest (rate as of financial statement date) through the maturity date of December 31, 2013. As of December 31, 2013 and 2012, the Company owed $4,886,780 and $4,782,560, respectively.
On April 30, 2013, American Performance Technologies amended an original credit agreement entered into on November 10, 2011 with Mazuma Credit Union. The terms of the credit agreement include, 6.25% interest (rate as of financial statement date) through the maturity date of December 31, 2013. As of December 31, 2013 and 2012, the Company owed $997,698 and $1,000,399, respectively.
Total outstanding balance as of December 31, 2013 and 2012 for the above lines of credit, were $6,718,743 and $6,781,906, respectively.
Subsequent to the balance sheet date, the lines of credit were amended as follows: $500,000 was paid to Mazuma; the interest rate was increased from 6.25% to 9.25%; the maturity date was extended; and no further draws will be permitted on any of these lines of credit.
The lines of credit are collateralized by substantially all non-real estate assets of the Company, except the note receivable described in Note 5. With respect to accounts receivable, Mazuma is junior to the Company’sFactor.
http://www.sec.gov/Archives/edgar/data/148652...tvx_8k.htm
Ha, it was there I swear!
So your idea is to point out all the flaws in a company that you cared so deeply about all the people invested?
It's one or the other Moon, you can't say I care, then bash on every aspect you can find. Read it twice before you respond.
Tommy
Maybe I am too buzzed right now that I'm not seeing it on the breakout board lol
I like wise will point out the flaw in this logic and use basic business principals to explain
Quote
A share buyback of 4B shares at 0.0001 costs $400,000 as you have pointed out. Shares repurchased and returned to treasury must be stated as Contra Equity which effectively reduces a firm's equity.
Business plans in every company include spending "equity" in whatever form that initially reduces equity. Not unlike paying for advertising that eventually leads to more sales thus more equity. In MTVX case, the equity gained would be investor confidence and PPS increase. I guess the easiest way to state this is you need to spend money to make money.
Obviously, us LONGS believe there will be more then $46,000 equity in MTVX in the very near future through product sells and asset sales. Thus a plan like this works and makes sense if you are in this camp. But yes I agree, if you continue to base all of the future planning for MTVX off of $46,000 in equity then why bother staying on this board and post? Obviously if all MTVX is and will ever be is $46,000 in equity then its a wrap. Obviously no one on this board believes that, not even the bashers. So posting about past numbers here and basing "flaws" off of them seems very short sighted to me. I assume we all invested in this startup based on potential? Not the past? GO MTVX!!!! I do appreciate your response. I guess we agree to disagree. Good luck to you and your shares.......
So ahh, what happens when the market decides this should be at .0025? Does your math change too?
Wish I had more cash
#9 on breakout board crackers.
Not too shabby for a know nothing spiral death no bid stock.
Muhahahaha
Watch these suckers scramble like cockroaches for .0003's
All the people here bashing MTVX are here for a reason. Never forget it.
Now, where can I get some .0002's
Pretty much MTVX needs to just show her tits already
Agreed. As far as I knew, AIM Expo Show is really popular. They got more than 400 dealers now want to represent their products. MotoVox is shinning on the market and will be well-known soon.
$MTVX
Pistol Pete!
I am looking foward to the next couple of weeks it getting interesting in here
Yes sir...if everything for you of MotoVox to increase the revenue. I will forgive them.
This is just a start. More to come.
$MTVX
Pistol Pete!
Thank you Future2016. You have a great weekend as well.
Pistol Pete!
38 m. ,16 left over imo
APT MotoVox Receives Record Number of Dealer and Distributor Order Requests "PR Newswire (US)" - 10/27/2014 10:24:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 10/24/2014 4:05:03 PM
APT MotoVox Wins Rookie of the Year at 2014 AIMExpo "PR Newswire (US)" - 10/20/2014 10:30:00 AM
APT MotoVox Group, To Debut Seven New Products at 2014 AIMExpo "PR Newswire (US)" - 10/13/2014 1:43:00 PM
APT MotoVox Group, Inc. Launches MOTOPEDS New Online Store "PR Newswire (US)" - 10/6/2014 10:47:00 AM
Amended Current Report Filing (8-k/a) "Edgar (US Regulatory)" - 9/15/2014 4:48:24 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/12/2014 8:45:00 AM
APT MotoVox Group, Inc. Announces Acquisition of MotoPeds "PR Newswire (US)" - 9/12/2014 8:44:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/9/2014 4:07:14 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/29/2014 4:02:31 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/22/2014 4:03:25 PM
APT MotoVox Group, Inc. Doubles Orders in Q3 2014 to Mexico and Latin America "PR Newswire (US)" - 8/21/2014 8:58:00 AM
Notification That Quarterly Report Will Be Submitted Late (nt 10-q) "Edgar (US Regulatory)" - 8/15/2014 4:05:09 PM
Amended Current Report Filing (8-k/a) "Edgar (US Regulatory)" - 8/13/2014 9:22:54 AM
APT MotoVox Group, Inc. Predicts Record Sales of MBX Product Line for 2014 "PR Newswire (US)" - 8/6/2014 9:24:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/5/2014 4:02:31 PM
APT MotoVox Group, Inc. Announces Large International Order for MBX Mini Bike Line "PR Newswire (US)" - 8/4/2014 8:58:00 AM
APT MotoVox Group, Inc. Shareholder Update "PR Newswire (US)" - 7/23/2014 10:26:00 AM
Investor Updates on Growth Companies in the Small Cap Arena and Special Profile by SmallCapTraders.com "InvestorsHub NewsWire" - 7/16/2014 10:30:00 AM
APT MotoVox Group, Inc. Files Patent Infringement Lawsuit Against Monster Moto; Seeks Preliminary Injunction "PR Newswire (US)" - 7/15/2014 10:14:00 AM
APT MotoVox Group, Inc. Orders Increase Exponentially; Dealers Jumping On Board "PR Newswire (US)" - 7/14/2014 11:03:00 AM
APT MotoVox Group, Inc. Announces Change in Ticker Symbol to MTVX "PR Newswire (US)" - 7/11/2014 11:18:00 AM