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Hey Mike, how do you feel about the telecoms business? I assume you "love" this move.
Sounds like junks scenario of a shell game coming true. You going to be pumping a telecoms company when that's all that's left?
Face it, Larry is a POS.
Once? You act like this is the first one...
Then why raise the AS to 750 million?
How bout 50 million in 6 months? So your definition is only if it happens in one day? BS
Not long ago, it was under 100 million so you were saying $10 a share. Now you have to cut that more in happy because of all the new shares. Not long from now you'll be cutting it in happy again because there shares will be tripled.
Notice the pattern... Any shareholder that pays for their shares will be fucked. Now any shareholder that's part of Larry's good old boys network and there shares for "consulting", you make money.
Nobody's surprised. The name change is all part of the game for these POS people. Larry needs to change his name though. His name is a stain too.
Remember all that BS about the euro grant and the Germany pilot.... I notice that's no longer mentioned.
Get real? What are shareholders getting for these consultants? It's not just external factors...money is being spent and no value being delivered. This doesn't even count the 100K plus Larry and his wife are getting. I'm not sure why his wife would still be getting paid since it's my understanding she just pays the bills and apparently they aren't even paying the bill for the website.
On March 14, 2016, the Company entered into a consulting agreement. Pursuant to the agreement, the Company will pay the consultant $10,000 per month ($20,000 paid) and issue 550,000 shares per month for a period of three months. At May 31, 2016, the Company had not issued the shares to the consultant due to non-performance.
On August 22, 2016, the Company entered into a consulting agreement for the provision of consulting services until November 22, 2016. Pursuant to the agreement the Company will pay the consultant $5,000 per month and issue 2,000,000 shares of common stock to the consultant. On December 7, 2016, the Company entered into a settlement agreement. Pursuant to the agreement, the Company agreed to issue the consultant 1,000,000 common shares in exchange for fully releasing and discharging the Company of any and all further obligations. At November 30, 2016, the Company had recorded the fair value of the 1,000,000 shares of $8,900 as an accrued liability.
On January 7, 2017, the Company entered into a consulting agreement for the provision of consulting services until July 7, 2017. Pursuant to the agreement the Company will pay the consultant $35,000 per month and upon the conclusion of the first 30-day period of the agreement, the Company shall issue 6,250,000 shares of common stock to the consultant.
The pumpers would like free reign on here... These crooks don't deserve that.
No one seems to even want a pilot plant. The company and the pumpers on here have been full of shit for years.
The first warning sign was the duffle bag of money.
We all know crooks like Larry don't give any free rides. The guy is a POS.
Larry is a POS and the market knows it. Eco is too :)
You let him know there's a new 52 week low?
This thing has herpes, don't touch it, let alone marry it.
Plus, isn't that why Larry's wife is on the payroll? She has one job....
No need to apologize, you're just more optimistic towards what Larry is actually trying to accomplish. Could have gone without the "mindless" statement but I won't argue with some stranger on a board.
I've seen many times the comment about them not selling their shares. From a scam prospective, I think it's actually good strategy to go for the 100-200k a year for the family via salaries plus who knows who the "consultant" is. Seems much more sustainable than and quick pump and dump. How many shares would they really been able to sell up there? How many years ago was that....A lot of salary since then.
Exactly, I get the argument this is a developmental stage company and there's a risk of failure. Unfortunately, we've seen time and time again Larry make decisions that are more scam pink sheet promotor decisions...
They're putting out fluff PRs( yes, most have no substance) then been selling into them. For what? 35k a month consultant, Larry and his wife's salary.... To deliver nothing. Point blank, it's legal, but it's stuff only shitty people do. Again, the duffle bag story.... I've come to expect nothing less....
The technology that remains unproven? The world would be much better off if MVTG finally shut down and the salaries, consulting fees and share printing came to end. What would Larry and his wife do? You think they even know how to make an honest living?
One duffle bag to another. Once a crook, always a crook it seems....
There's also a lot of hot air in Vancouver but it's become pretty normal over the years. We've learned the source is a penny stock promoter named Larry.
In all seriousness, while it's always tempting to use local weather examples it really shouldn't be used to make an overall case for the CLIMATE issue. Neil Degrasse Tyson had a cool explanation of climate vs weather in the cosmos series for people who don't know what they're talking about like Eco.
That's also not how science works haha. The burden of proof is in the one making the claim.
I have a magical unicorn in my house. You can't prove I don't :)
But POS Larry can pay 35k a month in"consulting". Scam....
Not bad for 6 months of delivery nothing... Those that say Larry is losing just like the rest of shareholders is false. Share value is only one of the income sources for Larry. He and his wife incur a nice salary considering they've done nothing but drive the share price down for existing shareholders and hand out free shares to "consultants" (aka friends) to be unloaded into the market.
a)
During the six months ended November 30, 2016, the Company incurred management fees of $68,616 (2015 - $65,485) to the President of the Company.
b)
During the six months ended November 30, 2016, the Company incurred management fees of $22,872 (2015 - $23,820) to the spouse of the President of the Company.
Can anyone answer as to what the consulting services are? Larry is handing out money/shares and delivering nothing of value to existing shareholders. Fluff PR's and no clear steps to commercialization of any of the tech.
On January 7, 2017, the Company entered into a consulting agreement for the provision of consulting services until July 7, 2017. Pursuant to the agreement the Company will pay the consultant $35,000 per month and upon the conclusion of the first 30-day period of the agreement, the Company shall issue 6,250,000 shares of common stock to the consultant.
Maybe Larry has cancer.
The market has known this scam has been Larry's piggy bank and paid vacations.
There isn't anything being done. This is a piggy bank for a few crooks.
Every time you read it, MVTG is closer to triple zeroes. Larry is a POS and everyone knows it.
Not long, triple zeroes coming...
Yep, Larry is a POS crook. Look at the 10q....
To be followed with the predictable downswing dump....
Randy Gue learn from Larry how easy it is to scam investors? Just throw a few scientist names around and promises... Milk it for years of salary.
And Mike switched to calling a GE buyout at a dime...
Same reason I'm not selling the toilet paper out of my house...
Imagine being bought out for a dime..... Wow have the standards gone down. Maybe in a year we'll hear, "imagine making it to half a penny.
Larry is a POS. I get the risk of a developmental technology but Larry has not been forthcoming of what's actually happening. While he and his wife take money, the intelligence in the company have left, what's Larry got to say? "Exploring desalination...BS"
The world has a climate change problem but Larry is not part of the solution. He'd have more of a positive impact on the world by stop being a POS penny stock scammer.
It's the same people saying it, they're full of shit. Wish karma was real.
Not without substance from the company. This board has seen "wink wink" many times with nothing following from the company. Larry is a POS pink sheet promotor, nothing more.
No mention of Mantra....
Not sure what legal grounds you have but I'll applaud if you can make Larry feel the pain he's inflicted on others. Incompetence is one thing but not being honest and duping shareholders with BS PRs, f#ck him.