APT MotoVox Group Inc. (MTVX)

[LoveAndLight]

Looks pretty good to me... that MTVX will receive concessions from an SEC ruling against Ironridge Global...
http://www.thestreet.com/story/13202840/2/sec-takes-on-ironridge-global-partners-over-deals-based-on-buying-microcap-bills-from-creditors.html

"The SEC maintains that the 33 transactions its cites in its action against Ironridge had an underlying value of $35 million and that Ironridge Global IV sold about 5.5 billion shares for a total of $56 million, booking a profit of almost $22 million.

The transactions had an impact on the market such that for 14 of the companies, the public float of shares increased by 25% or more. In nine cases, SEC staff said the shares outstanding grew by at least 50%. For six of the companies, the shares sold by Ironridge Global IV accounted for 100% of the daily trading volume and for 15 companies, the Ironridge Global IV sales made up 90% of the trading volume."

Further:
https://www.sec.gov/litigation/admin/2015/34-75272.pdf

"III.
In view of the allegations made by the Division of Enforcement, the Commission deems it necessary and appropriate in the public interest that public administrative and cease and desist proceedings be
instituted to determine:
A.
Whether the allegations set forth in Section II hereof are true and, in
connection therewith, to afford Respondents an opportunity to establish any defenses to such allegations;
B.
What, if any, remedial action is appropriate in the public interest against Respondents pursuant to Section 15(b) of the Exchange Act including, but not limited to, disgorgement and civil penalties pursuant to Section 21B of the Exchange Act; and
C.
Whether, pursuant to Section 21C of the Exchange Act, Respondents
should be ordered to cease and desist from committing or causing violations of and any future violations of Sections 15(a) and 20(b)
of the Exchange Act, whether Respondents should be ordered to pay a civil penalty pursuant to Section 21B(a) of the Exchange Act,
and whether Respondents should be ordered to pay disgorgement pursuant to Sections 21B(e) and 21C(e) of the Exchange Act."

Blessings BE,
LoveAndLight