APT MotoVox Group Inc. (MTVX)

[diannedawn]

MISINFORMATION???" Those convertible notes add up to only $100,000"
LOL!

Look at the list AGAIN...
There is well over 200K just with Tangiers' big note
and Long Side's note.
There is another 100K or so in smaller notes...
SOME of the notes HAVE had prior partial conversion...
BUT...there is FAR more than "only $100,000"!!!

Here it is broken down...These are Tangiers:
10% CONVERTIBLE PROMISSORY NOTE
Issuance Date: October 9, 2013
Beginning Value of this Note: $21,000
Original Issue Discount: $2,500
Total Face Value of Note: $23,500
http://www.sec.gov/Archives/edgar/data/1486526/000135448813006547/froz_ex1042.htm
10% CONVERTIBLE PROMISSORY NOTE
Issuance Date: August 8, 2013 Total Face Value of Note: $11,273
http://www.sec.gov/Archives/edgar/data/1486526/000135448813004784/froz_ex1040.htm
10% CONVERTIBLE PROMISSORY NOTE
Issuance Date: July 1, 2013 Total Face Value of Note: $12,000
http://www.sec.gov/Archives/edgar/data/1486526/000135448813004784/froz_ex1038.htm
10% CONVERTIBLE PROMISSORY NOTE
Issuance Date: June 1, 2013 Total Face Value of Note: $12,000
http://www.sec.gov/Archives/edgar/data/1486526/000135448813004784/froz_ex1036.htm
10% CONVERTIBLE PROMISSORY NOTE
Issuance Date: May 1, 2013 Total Face Value of Note: $15,000
http://www.sec.gov/Archives/edgar/data/1486526/000135448813003001/froz_ex1034.htm
10% CONVERTIBLE PROMISSORY NOTE
$25,000.00 February 25, 2013
http://www.sec.gov/Archives/edgar/data/1486526/000135448813001964/froz_ex1026.htm
7% CONVERTIBLE NOTE DUE JUNE 5, 2013
OF
FROZEN FOOD GIFT GROUP, INC.
Issuance Date: June 5, 2012
Issuance Date of Original Note: July 1, 2011
Exchange Date: June 5, 2012
Original Principal Amount of this Exchange Note: $100,290.00
THIS NOTE (“Note” or “Exchange Note”) is a duly authorized Promissory Note of FROZEN FOOD GIFT GROUP, INC. a corporation duly organized and existing under the laws of the State of Delaware (the “Company”), designated as the Company's 7% Convertible Note Due June 5, 2013 (“Maturity Date”) in the original principal amount of One Hundred Thousand Two Hundred Ninety U.S. Dollars (U.S. $100,290.00) (the “Note”).
http://www.sec.gov/Archives/edgar/data/1486526/000135448813001964/froz_ex1020.htm

There are MORE, held by others:
10% CONVERTIBLE PROMISSORY NOTE
$50,000 11/7/12 Brent Coetzee
http://www.sec.gov/Archives/edgar/data/1486526/000135448813001964/froz_ex1022.htm
10% CONVERTIBLE PROMISSORY NOTE
$33,000 11/21/12 Jeff Saltzman
http://www.sec.gov/Archives/edgar/data/1486526/000135448813001964/froz_ex1023.htm
10% CONVERTIBLE PROMISSORY NOTE
$67,000 11/21/12 Daniel Kaplan
http://www.sec.gov/Archives/edgar/data/1486526/000135448813001964/froz_ex1024.htm
Longside took over JMJ's note and now have a 12% convertible for $100,800
http://www.sec.gov/Archives/edgar/data/1486526/000135448813001964/froz_ex1028.htm
http://www.sec.gov/Archives/edgar/data/1486526/000135448813001964/froz_ex1029.htm
Taconic took over a Tangiers note with a August 27, 2012 date and now has a 12% convertible for $12,500
http://www.sec.gov/Archives/edgar/data/1486526/000135448813001964/froz_ex1030.htm
http://www.sec.gov/Archives/edgar/data/1486526/000135448813001964/froz_ex1031.htm
Taconic took over a second Tangiers note with a Sept 19, 2012 date and now has a 12% convertible for $12,500
http://www.sec.gov/Archives/edgar/data/1486526/000135448813001964/froz_ex1032.htm
http://www.sec.gov/Archives/edgar/data/1486526/000135448813001964/froz_ex1033.htm

FROZ is being, and will continue to be, diluted into the ground with convertible
AKA "death spiral" financing!!!
http://en.wikipedia.org/wiki/Death_spiral_financing


If ONLY I were SMARTER...
Maybe if I was "MENSA material" *cough* like Matty Schissler!

"On July 17, 2013, the Company issued 10,250,000 shares of its Series B Convertible Preferred Stock (“Series B Preferred Stock”) to the Company's Chairman. Also on July 17, 2013, a like number of shares were issued to the Company's CEO."
http://www.sec.gov/Archives/edgar/data/1486526/000135448813004784/froz_10q.htm

"(a) Each outstanding share of Series B Preferred Stock shall be convertible into five hundred (500) shares of Common Stock at the option of the holder in whole or in part, beginning sixty (60) days after the Issuance Date."

" The Corporation covenants that it will at all times instruct its Transfer Agent to reserve and keep available out of its authorized and unissued Common Stock solely for the purpose of issuance upon conversion of Series B Preferred Stock as herein provided, free from preemptive rights or any other actual contingent purchase rights of persons other than the holders of Series B Preferred Stock, such number of shares of Common Stock as shall be issuable (taking into account the adjustments and restrictions of this Section IV hereof) upon the conversion of all outstanding shares of Series B Preferred Stock. The Corporation covenants that all shares of Common Stock that shall be so issuable shall, upon issue, be duly and validly authorized, issued and fully paid and nonassessable."
http://www.sec.gov/Archives/edgar/data/1486526/000135448813003911/froz_ex42.htm

500 to 1, eh???
Matty sure knows how to set things up FOR HIS BENEFIT, EH???

I wonder if Schissler and Irwin converted any shares???

ROTFLMAO!!!