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Re: CatfishHunter post# 147262

Sunday, 09/03/2017 2:59:53 AM

Sunday, September 03, 2017 2:59:53 AM

Post# of 163714
IMO - I've always liked the motoped, and if I was younger - might even consider getting one.
But let's say this becomes a hit, franchises grow, other people get in on the act and many cities have rent-a-mopeds. And let's assume some of those riders like it so much, they buy one. So hypothetically assume it takes off like gang busters.
The stock MTVX won't see a dime. First, Covey has to pay the judgments he's lost in those lawsuits. Then there's his debt.
Then, his character (or lack thereof).
I can't remember when was the list filing, or when this company was last current. MTVX shows a "STOP sign" on the OTC website. And no shareholder updates (lol).
In essence, this ticker MTVX has been abandoned, the investors here served their purpose of paying off some of his debt with the diluted shares.... and we are the "stuck" bagholders. I can't even sell my shares!!
If there IS $$ that will be made, Covey is keeping it --- this ticker is history.
I hope for the day when either I'm proven wrong and MTVX is revived (fat chance) or Covey is put in jail.

Still don't have a clue why those 100s of millions of shares were bought in early March.