APT MotoVox Group Inc. (MTVX)

[frosr6]

Shouldn't Ironridge be listed as an interest expense??? Or do you think they will just sorta "slip" it in the annual? Hey kinda like Cord blood America did. Wasn't MTVX financial advisor Matthew Schissler the founder if Cord Blood America too? I believe so see here>>
http://www.sec.gov/Archives/edgar/data/1289496/000135448812002924/cbai_8k.htm
And here>>
http://en.m.wikipedia.org/wiki/Matthew_Schissler

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Original Ironridge claim $2,287,000

FMV of issued shares to 6/30/14 $7,226,727

Difference of $4,939,727
This amount should have been listed as an (interest) expense during the period issued (2nd) according to >>FASB ASC 505-50-30<< and $457,273 should have been for this quarter (3rd).

April -June $(7,226,727)
July-October $(457,273)
October $(111,000)
Total IR up to Oct. = $(7,795,000)

In April 2014, in accordance with an Order for Stipulation and Settlement of Claims, the Company privately issued 435,000,000 shares of common stock to Ironridge Global IV, Ltd. which had a fair market value of $5,829,000.

In May 2014, in accordance with an Order for Stipulation and Settlement of Claims, the Company privately issued 250,000,000 shares of common stock to Ironridge Global IV, Ltd. which had a fair market value of $750,000.

In June 2014, in accordance with an Order for Stipulation and Settlement of Claims, the Company privately issued 240,000,000 shares of common stock to Ironridge Global IV, Ltd. which had a fair market value of $648,000.00.

In July 2014, in accordance with an Order for Stipulation and Settlement of Claims, the Company privately issued 195,000,000 shares of common stock to Ironridge Global IV, Ltd. which had a fair market value of $273,000.

In September 2014, in accordance with an Order for Stipulation and Settlement of Claims, the Company privately issued 230,000,000 shares of common stock to Ironridge Global IV, Ltd. which had a fair market value of $184,000.

In October 2014, in accordance with an Order for Stipulation and Settlement of Claims, the Company privately issued 370,000,000 shares of common stock to Ironridge Global IV, Ltd. which had a fair market value of $111,000.