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I don't have Facebook, so I always get that when I used to click on a posted link from there --- so I don't even bother anymore.
However, if you do have FB, then ... never mind.
Hope they're smart with it, tackling that SS would be a good start. The 800lb gorilla is IR, Tangiers, and WHC Capital. Getting $$ for shares has caused a dilution mess. I didn't want to, but I grabbed a bunch of .0001s. I wanted to wait for real substantive news before I bought more -- guess I felt like rolling some dice.
Fingers crossed, hoping for the best (for all of us). Unfortunately, preparing for the worst, yikes.
Haha, in my case, I got home late (west coast) from working a "swing" shift.
Yup, my etrade also shows the same 8.2billion (wow). But, on the OTC site, it shows the same 4.8-ish billion as iHub.
I haven't been on that sight for awhile, I saw that "Warning" notice re: MM gone.
http://www.otcmarkets.com/stock/MTVX/profile
Haha, that's funny ... At .0032 they say Buy, at .0001 they say Sell.
No wonder when reference was made about them here on this board 6-7 months ago [when they were saying Buy] folks laughed it off.
A little over 97mill-ish shares sold/bought under .0001... Sheesh
Patiently waiting for good news (as if I have a choice), but losing hope.
lol -- If you can't beat 'em, join 'em.
That was fleeting ---
Try 100million shares, regardless --- I get your point.
Sometimes reading KAM's (and a few others') posts raises my blood pressure, but he's been right on several points. Two big ones have been: the SS and getting rid of the toxic financiers.
The PPS is about as low as it gets, and MTVX has some cash [albeit not as much as some of us had hoped] from the Cerner deal. MTVX should spend about $400k and buyback about 3billion shares. Add to that the 1billion-ish shares they got from the MonsterMoto crew and retire the 4billion shares. Then R/S at a 10/1 ratio (both O/S and A/S). Now we'll be looking at 400mill-ish O/S and 2billion A/S. Much more attractive SS.
But, with the likes of IR, Tangiers, and WHC Capital, still in the picture -- things would still look awful. One thing about this management team, they certainly know how to dig holes. With all my "averaging down," I'm down over 90%! I know I'm not the only one, and there are some who lost more.
Anyway, enjoy your Thanksgiving with your families.
Shareholders paid the bills and men of conscience need to return the favor.
I'm hoping now they'll take this opportunity to tackle the SS.
Yup:
Issued and Outstanding: 6,052,367,975 shares (As of August 18, 2014);
Then you factor in an additional 1,016,745,679 shares issued per the 10/24/14 8-k;
And then we saw about another 1,000,000,000-ish shares thrown into the mix last week.
If those were newly issued partial satisfaction shares, then it'll be announced shortly ...
or, those could also have been legacy shareholders unloading.
Either way, situation is frustrating in MTVX-land.
OK, I was "PM'd" that the shares being sold this week may not have been new issuances, but rather legacy shareholders selling, converting, or dumping (whichever verb works) their shares.
If that's the case, the last 1billion-ish added shares I mentioned, may be incorrect, and no 8-k.
Either way, sad state of affairs if insiders are not even optimistic about the compnay that they're not even holding their shares .... sheeesh.
As slojab said:
Issued and Outstanding: 6,052,367,975 shares (As of August 18, 2014);
Then you factor in the 1,016,745,679 shares per the 10/24/14 8-k;
And now we are seeing about another 1,000,000,000-ish shares thrown into the mix this week [my guess -only a guess- is it will be announced in an 8-k after hours Friday re: more "partial satisfaction" issuances].
My goodness, when I jumped in here earlier this year, my feeling was that the Q3 and Q4 were really going to set us up nicely for 2015 (I know I wasn't alone on that thought).
Now my feeling is fear, and a "fool's" hope for 2015.
Don't think so --- my guess is more "partial satisfaction" shares issued.
Me too ...
Yes! And no matter how good the story is, when you hear a company is working a deal with Ironridge (or other toxic lender), run for the hills!
Thanks B --- I thoroughly enjoyed reading your post. I especially liked the parts where you sought insight from the other vendors and professionals (sport & business) present and their thoughts on APT.
Yes, so far a lot of money invested here is down (or lost if one sold). But, I believe [and hope] that a recovery can happen. They have the products, technology, and patents to achieve the recovery; but, they have to surmount issues pertinent for a strong PPS (debt, SS, dilution).
In due time I suppose, fingers-crossed.
Thanks again.
APT will present more updates throughout the week.
mmm hmmm. Mine will be myRocksgotRolled[off a cliff]
Agreed. And "massive" is not overstating it.
It's as if it took 5times the recommended serving of a colon cleanse product after Thanksgiving!
Instead of GLTUA, I'm asking GHUA (God help us all!)
About 200mill shares dumped in less than 9mins.
Who the h*** could sell that many shares so fast?! Scratch that, we know who.. the better question is: who would be buying that many?!! My goodness.
Your sense was right!
YIKES!!
I may be wrong, but I think that's where some of the dilution came into play.
This amount appears to be the same borrowed from WHC Capital.
http://ih.advfn.com/p.php?pid=nmona&article=63351988
On August 20, 2014, the Company issued a convertible promissory note in the amount of $200,000 to WHC Capital LLC ("WHC") pursuant to an exchange agreement whereby two purchased notes valued at $150,000.00 each were assigned to WHC by the Lawrence A. Carrell Trust. The notes were originally issued by American Performance Technologies, LLC, a wholly owned subsidiary of the Company. The Company is to pay the principal amount plus 9% interest on August 20, 2015, to the extent that such principal amount and interest has not been repaid or converted into the Company’s Common Stock
The Company will issue 64,102,565 shares of the Company’s common stock to WHC Capital, LLC (“WHC”) pursuant to an exchange agreement signed on August 20, 2014. $50,000 of the $200,000 principal balance will be converted.
The remainder of the purchase price of the MotoPed Assets is determined by the sales volume of MotoPed units throughout 2014. The Company will pay 25% of the first $1,000,000 of 2014 MotoPed gross revenue to the MotoPed Sellers and 20% of the second $1,000,000 in gross revenue for the same period.
AGREED! What you just described are the "meat & potatoes" that can really effect the PPS. What we've had is just the gravy.
Don't get me wrong, some gravy is good, but only when applied on the meal --- and not be the meal in itself.
Sorry for the obscure metaphor, just started dieting, I hate it.
Could only imagine what the t-trade is gonna look like today --
Without a doubt, if [when] they "fix the SS," this will definitely go up.
Fingers-crossed.
Wow, another 10mill shares today?!
You certainly put your $$ where your mouth is -- hoping this works out for all of us here.
Looks like the AIM/Expo went very well, and lots of volume today.
Good news, but there's just too many shares out there.
In the PR there's:
APT will present more updates throughout the week.
That's a great thought and I certainly hope so. If an Institutional Investor(s) do get involved, they will definitely deal with this debt and SS - or force MTVX to - before going forward.
BTW, thanks for the great pics!
Thanks for the link. I also spotted them in the floor plan at booth #2385 (top right), near one of the entrances/exits. Great location for exposure.
Uh huh. News came out, and only 200k shares were bought. While my hands are healing from trying to catch this falling knife, I eagerly await a PR that tackles the SS, debt, etc.
Still wishing GLTA!
I believe he may be referring to the AIMEXPO in Florida next week, and the exposure it can bring. I agree with him about the great potential here -- especially when a SMM gets onboard.
But, I also agree you. The dilution and the SS is a huge problem here.
This stock has me so wishy-washy.
Over 50million shares in 7minutes
Yikes!!! The .0003s are getting assaulted!
Thanks. But I haven't forgotten --- How can I forget since we're reminded of that fact EVERY FREAKING DAY?!!
Nice, thanks. I also like that it's near one of the entrances/exits ... should get a lot of eyes on it.
Hopefully this is the beginning of a series of positive news releases coming our way. Also, hoping some of those address the SS.