$MTVX Email Reply From Corey Dyess from 11/8/15:
Post# of 195
Posted On: 11/09/2015 10:56:12 AM
$MTVX Email Reply From Corey Dyess from 11/8/15:
*Please take heed of a small note I have made below the email chain below. I will place an asterisk before beginning that note as to prevent any confusion between my writing and Corey's.
Corey,
I just wanted to make a quick inquiry to determine if you are currently in communication - and hopefully, negotiations - with APT/MTVX. I am long-term shareholder and the company will not reply to me no matter what is written. I have remained positive in all correspondences and have not pried. I just want to know that shareholders are not being 'had'. I still have my fingers crossed as to a positive outcome for all, but the truth is, I purchased MTVX because of your expertise and intellectual property (that being the S.C. which has now been removed from the company website). I think the product is great over there as is your technology over here, but the management has been less than transparent and more than disappointing. If there is any light you can shed on the matter, I would greatly appreciate it. Also, should you be willing to divulge any information - speculative or otherwise - please give me a heads up as to whether or not I have permission to post it online. I will honor it either way. Thank you for your time and for all of the work you have put in; it has not gone unnoticed.
Adam, I regret the late reply, however I understand the seriousness of your question and concern so I didn’t want to answer hastily.
Unfortunately no further negotiations have transpired between myself and APT since my July departure and our presenting them with a dissolution plan. It should be clear to most by now that APT upper level management are fatally inept at running a company and conducting financially sound business. Once I understood the gravity of APT’s worsening share situation and funding shortfalls, which continued to plague all of APT’s divisions, I offered them a simple plan to work with me to offset the share oversubscription, currently at 7%, and if APT were to offer a like number of units then we could have retired a little over 5 Billion shares, giving the pps a legitimate bump, healed the oversubscription, got the SEC cease and desist off our back and then if APT would file current fins it would put the stock back on the map.
In return, for 100% of my common and preferred shares, 11.5% of the total or 2.5 bil., I asked for a property exchange agreement to license/purchase the SmartCarb and SonicFlow IP (mostly my own patents) and fund the R&D division as a standalone business unit. In turn supply carbs and technology back to APT for use on their products and products they solely discover. Furthermore provide APT a royalty per carb used on those products. A win-win deal and it would have freed Motoped/Motovox of any burden incurred by ongoing development and R&D activities for the carburetor and other technologies. This by the way would have also fueled development for the SonicFlow engine which has been grossly underfunded for years. (Recognize, although no public statement has been made, APT laid off all R&D, Engineering, SmartCarb and Emissions Testing personnel throughout the early spring of this year and into July, which forced my departure.)
I regret I do not have more encouraging information to share and do not understand the company’s failure to communicate with investors and shareholders, but I do not see it leading to a positive thing. I cannot further divulge the actions I am taking personally other than to say that we have done and are doing our best to defend and protect the technologies at this crucial time and appreciate any support as this is also an unbelievably difficult time for myself and my family.
I am fine if you choose to repost this.
Best Regards,
Corey
*** While there is only one side to the story, Corey has been the only one to communicate and show respect to shareholders of MTVX. As of the current date of this writing, I am inclined to believe Corey's word. He seems to me a straight-shooter and a very decent hard-working individual.
If there is any support that shareholders can give Corey, that would really be a stand-up thing for all of us to do. Here is a guy who has patented inventions and has made them available for use to the company he was working for at the time of the creation of intellectual property, only to be kicked out of the company - along with his teammates that helped bring his work to life. He is being screwed out of the earnings due to him from work he has done. This is not fair nor is it right. He has proposed ways in which everyone can win - the company, shareholders, and Corey himself - but the company is stonewalling him. It very much seems that they used him (as well as others on the team), pushed the patents through, licensed the technology, kicked them out and screwed Corey on his rightful benefits, ignored shareholder inquiries, and now proceed to sell plenty of product, which, if everything here is correct and properly understood on my part, is only serving to benefit the company as an entity and the upper management that is behind the helm.
Please note that towards the bottom of the communication, Corey has mentioned how trying it is for he and his family. If anyone can provide moral support, financial support, legal advice (provide they are an attorney with specialization in this arena), or anything else that might help, please do so. We are getting close to the holiday season and no good person should be in poor spirits for giving their all. I am going to send a small gift out sometime between now and the winter holidays with hope others will do the same. If only twenty of us send a measly fifty bucks, that could make the difference in someone's holiday. I want to make it clear that this is my idea and that, in no way, has Corey asked for gifting of any kind. My take is that he was asking for people to stand behind him; I think all who share my sentiments of Corey and his situation should consider going the extra mile. His contact info and company address can be found on his website: https://technologyelevatedco.com/
*Please take heed of a small note I have made below the email chain below. I will place an asterisk before beginning that note as to prevent any confusion between my writing and Corey's.
Corey,
I just wanted to make a quick inquiry to determine if you are currently in communication - and hopefully, negotiations - with APT/MTVX. I am long-term shareholder and the company will not reply to me no matter what is written. I have remained positive in all correspondences and have not pried. I just want to know that shareholders are not being 'had'. I still have my fingers crossed as to a positive outcome for all, but the truth is, I purchased MTVX because of your expertise and intellectual property (that being the S.C. which has now been removed from the company website). I think the product is great over there as is your technology over here, but the management has been less than transparent and more than disappointing. If there is any light you can shed on the matter, I would greatly appreciate it. Also, should you be willing to divulge any information - speculative or otherwise - please give me a heads up as to whether or not I have permission to post it online. I will honor it either way. Thank you for your time and for all of the work you have put in; it has not gone unnoticed.
Adam, I regret the late reply, however I understand the seriousness of your question and concern so I didn’t want to answer hastily.
Unfortunately no further negotiations have transpired between myself and APT since my July departure and our presenting them with a dissolution plan. It should be clear to most by now that APT upper level management are fatally inept at running a company and conducting financially sound business. Once I understood the gravity of APT’s worsening share situation and funding shortfalls, which continued to plague all of APT’s divisions, I offered them a simple plan to work with me to offset the share oversubscription, currently at 7%, and if APT were to offer a like number of units then we could have retired a little over 5 Billion shares, giving the pps a legitimate bump, healed the oversubscription, got the SEC cease and desist off our back and then if APT would file current fins it would put the stock back on the map.
In return, for 100% of my common and preferred shares, 11.5% of the total or 2.5 bil., I asked for a property exchange agreement to license/purchase the SmartCarb and SonicFlow IP (mostly my own patents) and fund the R&D division as a standalone business unit. In turn supply carbs and technology back to APT for use on their products and products they solely discover. Furthermore provide APT a royalty per carb used on those products. A win-win deal and it would have freed Motoped/Motovox of any burden incurred by ongoing development and R&D activities for the carburetor and other technologies. This by the way would have also fueled development for the SonicFlow engine which has been grossly underfunded for years. (Recognize, although no public statement has been made, APT laid off all R&D, Engineering, SmartCarb and Emissions Testing personnel throughout the early spring of this year and into July, which forced my departure.)
I regret I do not have more encouraging information to share and do not understand the company’s failure to communicate with investors and shareholders, but I do not see it leading to a positive thing. I cannot further divulge the actions I am taking personally other than to say that we have done and are doing our best to defend and protect the technologies at this crucial time and appreciate any support as this is also an unbelievably difficult time for myself and my family.
I am fine if you choose to repost this.
Best Regards,
Corey
*** While there is only one side to the story, Corey has been the only one to communicate and show respect to shareholders of MTVX. As of the current date of this writing, I am inclined to believe Corey's word. He seems to me a straight-shooter and a very decent hard-working individual.
If there is any support that shareholders can give Corey, that would really be a stand-up thing for all of us to do. Here is a guy who has patented inventions and has made them available for use to the company he was working for at the time of the creation of intellectual property, only to be kicked out of the company - along with his teammates that helped bring his work to life. He is being screwed out of the earnings due to him from work he has done. This is not fair nor is it right. He has proposed ways in which everyone can win - the company, shareholders, and Corey himself - but the company is stonewalling him. It very much seems that they used him (as well as others on the team), pushed the patents through, licensed the technology, kicked them out and screwed Corey on his rightful benefits, ignored shareholder inquiries, and now proceed to sell plenty of product, which, if everything here is correct and properly understood on my part, is only serving to benefit the company as an entity and the upper management that is behind the helm.
Please note that towards the bottom of the communication, Corey has mentioned how trying it is for he and his family. If anyone can provide moral support, financial support, legal advice (provide they are an attorney with specialization in this arena), or anything else that might help, please do so. We are getting close to the holiday season and no good person should be in poor spirits for giving their all. I am going to send a small gift out sometime between now and the winter holidays with hope others will do the same. If only twenty of us send a measly fifty bucks, that could make the difference in someone's holiday. I want to make it clear that this is my idea and that, in no way, has Corey asked for gifting of any kind. My take is that he was asking for people to stand behind him; I think all who share my sentiments of Corey and his situation should consider going the extra mile. His contact info and company address can be found on his website: https://technologyelevatedco.com/
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