APT MotoVox Group Inc. (MTVX)

[Sharktnk]

Delaware SOS:
https://delecorp.delaware.gov/tin/controller

Gonna cost ya 20 bucks to find out if anything has changed.

R\S and\or A\S increase would be subject to both as they remain an SEC reporting company.

Anytime you attempt to change the share structure it therefore changes the AOI (Articles of Incorporation) which have to be amended, that goes for run of the mill non- SEC reporting stinky pinkies as well, regardless of the state they're domiciled in (Just to note, state level changes are not 'approved' per se, they just have to meet their own laws\requirements and pay the filing fees*.)

SEC reporting companies must file material changes period. 8k's are designed for that reason. Pre-14c is used for proposed changes (Preliminary Information Statement) "related to a subject other than a merger, contested solicitation or special meeting". This is where R\S's and A\S's changes would be filed and almost always are incidental to shareholders since the vast majority of these OTC's are structured by preferred share voting rights that favor management. In other words, you have no say so.

It's not the only use for the form of course but this is where they would be found. A Def-14c (Definitive Information Statement)
effectively seals the deal. Both forms have variations (revisions, amendments etc.)

http://www.investopedia.com/terms/s/sec-form-pre-14c.asp
http://www.investopedia.com/terms/s/sec-form-defa14c.asp


Had remunerated a bit earlier about 'going dark' and R\S here. A couple of other things came to mind though ...

For the R\S, in addition to the SEC filings, the state level amendments, FINRA has it's own requirements because of the changes to the CIK\CUSIP number amongst others. Realize some of this is redundant but there's so much bad info being postulated ...

*MTVX is going to have a hard time doing anything at the state level when they are arrears on their taxes to the tune of $185K http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113123867&txt2find=Delaware. Until that's resolved nothing will happen, proposed R\S, A\S changes, nada.

On the SEC side and as far as FINRA is concerned they would need to become current in their filing as well. The 211 for a MM mentioned before, the issues surrounding companies that have taken on toxic financing ... it just goes on and on.

On that note ... The whole IR\DragonOx debacle (For those interested, it was quite comical to see them take down the "LIFE" program verbiage from their website the day after the SEC letter appeared singling them out for the very abuses that arose out of it.- http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115144466) only clutters everything further but rest assured it will have no benefit to anybody here regardless of it's outcome.

Just to be clear, MTVX has not gone dark they have gone silent and until the time they file a 15-12G to deregister their shares they will remain an SEC reporting company. But guess what that also requires? They would have to be current in their filings.

Lastly, nobody here is in possession of a NOBO list and if they were for any frivolous purposes would be subjecting themselves to some very serious consequences.

This muddled mess has so many obstacles to overcome the only real expectation is continued silence. The SEC may not get around to doing anything for years or they could catch them up in a sweep of late filers, which they tend to do on occasion and plunge it to the grey sheets.

I realize nobody that's stuck here want's to hear any of this but the best case scenario that I could see is for them to actually file to go dark somewhere down the line and let it stay stagnant for a couple of years. Spring a quick pump with news before anyone recognizes that the O\S is not really 4,584,705,385
and try and recoup something out of it. But at the illusionary 4B that's not exactly enticing to the masses ...