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Considering the news of the 8-k released on Friday, a day like today was expected.
Seems like Friday EOD is when they like releasing information; hoping we get good news of Company business this Friday.
Very frustrated.
I doubt it. In fact, I bet the volume will be low and the PPS stays the same ...
Shortly followed by an announcement like this:
http://ih.advfn.com/p.php?pid=nmona&article=62261290
Agreed on all your points.
Very nice. Thank you and GLTY too.
The scenario is plausible and reasonable; hopefully management reads your post and implements it.
This still scares me, but fingers are crossed.
My goodness, a SEC fine?! This is a good Company with great potential --- however, IMO, I think this potential can only be realized with someone else [and more experienced] at the helm as CEO.
GLTA to all!
We're gonna need it.
Thanks gloom. That certainly would be great news. I'll be doing just that, hoping and waiting ... and [at these prices] when possible --- accumulating.
If such a deal were to happen it'd be great. But I'll hold off on any enthusiasm until it's "PR'd" and deliveries have begun.
However, I believe your numbers are off. Costco has 465 stores in the US alone, which makes the numbers more like 53 units per store.
My summation is dilution and the delay in the audited fins ---
Hoping those get "righted" soon. Wasn't going to purchase anymore shares, but at these prices, I averaged down a few ticks to .0025 (I know there are many here that are worse off as far as "average cost").
GLTA! We need it!
Thanks for the video, complete with "helmetcam."
Seems like a smooth engine/acceleration; quicker than I thought.
Have fun.
Yup. IMO, this latest drop to the PPS is courtesy of WHC Capital.
IR may be temporarily "taking a break," which is a great opportunity for the PPS to breathe and rise. But now WHC is unloading its 64mil shares. Dilution is killing any foot-hold for some positive momentum here.
Item 3.02. Unregistered Sales of Equity Securities
The Company will issue 64,102,565shares 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 shares are authorized for issuance under Section 3(a)(9) of the Securities Act of 1933.
Motovox worth depends on what the share reduction ends up being...
MTVX - When they do retire those shares..this will immediately jump to silver and beyond
Thanks for your posts, definitely helped me with the 8-k.
Got a little $$ this week and was going to grab some more shares, but looking at the PPS action,
and after reading more posts than I should've, I "chickened" out.
After digesting the 8-k and reading your posts, I will get them on Monday.
I feel like one of the chicks in your avatar.
TY
NITE, CSTI, and ETRF have been incorrigible all day; they would not let the PPS breath. They're determined not to let it rise above .0015.
Welcome Future. Snazzy little bike, I hope your daughter has a fun and safe time playing with her new toy --- lucky girl.
Hopefully your new shares will pay big dividends in the Future. Great entry point I must say.
Company going through a difficult time with dilution issues, but hopefully it will be resolved sooner rather than later.
GLTY
Great stuff!!
The additional order is a direct result of a "rate of sale" test within markets in Mexico that produced a 97% sell through in just four weeks.
Me too ...
MTVX designers are going to have a great 2015!!
Green is good! I think last week we had quite a bit of selling pressure because many who bought at .0009 - .001 sold to collect a nifty 40% - 50% profit. That's abated a bit now.
This week I'm hoping for slow steady "green," and hoping for a .002 close this week.
Some good substantive news would be great too.
GLTA
http://otcshortreport.com/index.php?index=MTVX&action=view
And on the top of the page, it shows that MTVX has the distinction of being the 5th most shorted ticker [by volume].
No, we haven't forgotten. We're reminded of that about 20 times a day. We're eagerly waiting for the Fins too, and also dismayed at the delay. Some of us don't feel 20 reminders everyday changes that. Maybe 4-5 times a day would be OK for those that have short-term memory loss --- but 20 a day?? C'mon, that's silly.
What vlftraders in post #93497. It's more cost effective than to start everything from scratch, and faster.
GLTY
I was thinking about that just this morning. In the absence of an update regarding IR, I am just speculating here:
We are around $28-$29 million in cash volume since the deal in April, and the calculation period is for $50mil for the period to end.
BUT, is it conceivable that IR has unloaded their 435mil shares? And in that $28-$29mil $$volume; may they have been repaid their $2.5mil(-ish) loan? It is possible that they're outta the picture (wouldn't that be great), or least close to it.
Just waiting for the fins, and hopefully the IR issue can be addressed in them. That should taper down the speculating.
Highly unlikely. With folks on this board alone scouring the internet and other sources for positive [and negative] news, an "awareness" campaign would have been found and shared here.
It would be great if the audited Fins would be released this week . . . It'd certainly kick this momo into 2nd gear on this two-stroke engine.
Very much agree. Add to that a PR that IR [finally] is out of the picture, a decent share buyback, AND a headline similar to this:
http://ih.advfn.com/p.php?pid=nmona&article=62261290
**FYI, I'm not an investor of INCC, nor am I touting it; just imagining the ticker MTVX in that headline instead.
This was mine:
The savvy long-term investors never chase stocks up. For the most part that is momentum players and daytraders where most of it or what follows is dumb money. Instead the long-term investors use a couple of simple strategies in order to position themselves. One is to find a stock no one immediately sees has huge potential and accumulate. Long-term investors are not interested in trading against the public mind or the dumb money. That's where the majority of the money can be made but even more can be made if the base of a stock is held extremely strong by investors. However the second is not to doubt the research which is the underlying basis for going long and holding.
More and more investors are winning the game nowadays despite all bashers that float through the Internet that has become part of the game.
Yup, increased awareness and I speculate a bunch of people watching and waiting on the sidelines. The release of Fins should help with their decision making.
Was hoping it would've been this week.
Almost as funny as the 64 share 'dump,' right on the heels of a .0015 buy. Maybe you missed that one
here comes the blocks of 50,000s again
There's been decent volume all week - - -
Welcome . . . and you jumped in at a great entry point too!
GLTY --- and to us all.
I was with you until the last sentence. However, if you consider a little over 4million shares as "some paint;" as **Sollozzo said to Don Vito: "Ti salute."
**For those under 40yrs old, it's a "Godfather" reference
Personally, I think 3 or 4 folks just "threw in the towel." Then add in a little IR, and it equals to a tough day. They must of gotten rid of what they wanted to, because when they did -- the"dumpfest" [as it was referred to earlier] finally abated.
Nice buying EOD, but the PPS reached the .0012s today.
Thanks. Well, I won't be referencing the OTC Short Report anymore, since that is a "daily" chart, as opposed to the more accurate FINRA bi-monthly one.
I don't know the rules or idiosyncrasies re: shorting Pennies or sub-Pennies; but it appears somebody's "shorting."
http://otcshortreport.com/index.php?index=mtvx&action=view
The last reported O/S is 4,584,705,385 shares (the Company update says it's 5.4bil-ish now).
http://www.otcmarkets.com/stock/MTVX/profile
5% is 229,235,269 shares. Pete says he's close to 200mil shares (wow!), so . . . as he has said, he's not there yet.
I guess I'm not the only one who can't sleep tonight ...
Shares authorized do not reduce in a rs only the outstanding shares change.
At the signing of the Share Exchange Agreement on March 27, there were 897,071,625 issued and outstanding common shares of FROZ. As of July 17, 2014, we have 5,394,024,814 common shares issued and outstanding. Of that number, 2,735,501,971 common shares were issued to the legacy investors and employees of APT, all of which are restricted for six months from the issuance date.