retired
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you dont have to insult me to make a point lol you might consider that the pps was at .0225 before the dilution started. its not their fault IR diluted all their shares to get their loaned money back. dilution is the only reason the pps is this low and anyone doing real dd with an unbiased out look can see that. regardless to them saying they would only have 10% dilution doesnt mean they can control what the company will do that they loaned money from. motovox is a fraud?! thats false and you know it lol a company that has real products and a facility to manufacture and store product for sale (not to mention they are making sells as we speak)...but its a fraud? you might want to call finra and tell them that yourself, i doubt they know that motovox is a fraud, maybe its not on their radar because motovox is a real company lol amazing came out of your mouth, not mine lol they have real products and have taken and are taking the steps to rid debt and share dilution. these things dont happen over night but they fixed their balance sheets and are continuing to do so from the recent 10q released, are they amazing now? no. but they will be as they continue to move forward. i have been here since march as well when the recent ticker symbol was that of a recent frozen food gift company before the reverse merger :) with all the dealer contracts and partnerships coming up, MTVX will move in an upward position soon. the products dont lie and they will speak for themselves.
more like heavy accumulation lol its at no bid because its at the VERY bottom...what is there to bid on when EVERYONE can get ones at the asking price? its no bid alright but buys are still coming through lol have you seen the ask lately? no need to bid on what you can slap the ask for.
this is exactly why im here! awesome post and yes, i believe they can build their own brand name into a household name over time but im not against a buy out from a big name, they have the products and the products will speak for themselves!
as long motovox is taking care of business i dont need to hear an update on news, i dont need to be told every detail blow by blow as long as they handle what they need to take care of with payments and debt as well as outstanding shares. all we should be worried about is business moving forward, ill be accumulating as long as motovox continues to move out of the red and moving forward with business. i dont care about what the balance and share dilution looks like as long as they do something about it and give us hard numbers in the financial reports to come.
yes my friend! its only a matter of time, more dealers and partnerships with big names are coming. ill be accumulating more shares, im fully behind motovox with how the balance sheets are looking.
me as well buddy, news and more big things to come. will take time but im willing to wait, but this is a penny stock and volatility is the name of the game...ill be here if she stays and ill here if she blows lol GO MTVX.
CAN SOMEONE STICKY THIS PLEASE.
lol i can completely understand that! GLYU as well!
technically your right but considering its the exact same company,i was referring to the same stock. this chart shows the pps at .0225 for MTVX but as we both know, FROZ before the ticker change to MTVX went to .0225 right before the symbol change. http://www.otcmarkets.com/stock/MTVX/chart
i stand corrected, i see where your coming from
oh im sorry...its ok for people to round up to ridiculous numbers when talking about debt and share dilution, i get it. it went up to .0225 before going down.
a little manipulation going on lol no big deal. who sells at a loss after buying in at .0001? obviously manipulation going on by MTVX opposition trying to keep the pps down lol no one sells at a loss at this level UNLESS manipulation is going on. any investor who wants out will at least wait to get there initial investment back, it cant be anything else but mm manipulation or manipulation on part of motovox opposition buying in at these levels and selling to continue tanking the pps. its only a matter of time before hard news hits and then hard numbers. if theres dumping going on im 100% its not IR trying to dilute for pennies, they would at least dump at .0001. im not worried at all, im still accumulating but thanks for the update. a real company with real products, real demand and real products...its only a matter of time. the pps has been at .03 before and will do it again...i aint worried about nothing! GO MTVX!
MTVX- its at no bid but heavy accumulation is still going, investors are still buying lol its at no bid because you cant go any lower than where its at, so why would there be a bid if .0001 is the lowest you can go? all you have to do is slap the ask on this one and accumulate. all this negativity on the board, i absolutely love it...i can smell the fear. GO MTVX.
have you been watching the charts?! nothing but heavy accumulation since mid october? check your charts please. Go MTVX.
this company has barely been trading for 8 months, the pps is obviously going to go down with dilution from toxic institutional investors...the only reason it went down so quickly from .03. the fact that they are tightening the business end of things will reflect in improving investors lives. they succeed on the business end, investors reap the benefits. all stocks whether pinkies or nasdaq stocks work the same way, the business end improves, our bank accounts improve. they tank, our bank accounts tank. if they were selling shares i could understand, but none of the apt insiders have sold, their shares are just as worthless as ours, im sure any business insider looking to sell shares at a profit will want to do anything in their power to positively effect the share price. for their sake (and ours) i hope they are thinking about their selves when it comes to the pps...and they are. its written all in the dd and improving balance sheet. as far as im concerned, they are transparent and are in the process of moving out of the red...slowly but surely, it will take time but slowly but surely they are moving upward. GO MTVX.
this says nothing. it doesnt keep us from possibly making money if they do things correctly. almost every advertisement and pr that i have seen has bold letters so that the reader/possible customer wont miss the emphasized statement, also, most people in this country are grammatically challenged, it says nothing about their products or the company and its ability to make money.
what exactly did he say to you and how did he attack you?
The majority of pink sheet stocks let alone penny stocks, especially at this level do not even have products or revenues but they trade at above a penny do mostly to hype...motovox has numbers, they are not the best but they have a pulse of a real company that is seeing hard times and imo, these problems are temporary. Look at the products, there are consumers buying the products, they have an actual address and they file with the SEC.the proper stock fundamentals are there, the only issue is debt and share dilution. its very rare to find a penny stock with the potential this has. the ONLY issue here is balancing of financials and toxic debt, if all of this was no issue there is no doubt that this would be trading well above .10. people may say what they want as is their right but no one can deny the products, no one who knows enough dd can deny the company is real. the pps is where it is due to toxic debt and share dilution, other than that, if this company was trading above .10 they would have more than enough to really make moves on a large scale. imho they will do things right on the business side which will reflect in the pps. no one bashes a good stock or a stock with potential to break out. no one would waste their time providing negative dd if the objective wasnt to make money on the upside or to short the stock, money can be made here.
imho we just have to wait to see how management plays their cards. anything can happen, if they manage the funds properly the pps can reach multi pennies, they have done it before and its possible if they do things right to do it again. if hard number of revenues poor in and out going expense costs continue to decrease the pps could jump farther than any of us expect considering the dealer contracts, motopeds demand, the smart carb and gas gas contract and more. but if funds are not used properly the pps will be down here in the trips or sub pennies for sometime. if financials are stellar, we will see a huge upward trend but if not, you know the story. i believe motovox is serious about making a brand name and they have the products to do it, imho i think the people in management dont need to necessarily be removed, they just need to play their cards right. they have shares just like we do and im sure they dont want worthless shares, at some point they would like to gain a profit but this all imo. if things are done properly, there will be absolutely no need for a r/s, the whales will smell blood and absorb all the outstanding shares if they feel they can make money here, regardless to how financials are looking now with outstanding debt, no r/s will be needed if positive funds and financials come in.
i agree 100%.
NEWBIES MAKE SURE YOU DO YOUR DD BEFORE YOU BELIEVE ALL THE NEGATIVE CLAIMS. do you have dd to back up your claims, if you do please share it with us. no factory? empty boxes? motovox is fake? too much dd to prove your claims false.
MTVX- if your having trouble trading and you want to open up a free cash account, go with fidelity. i use fidelity and i can still buy at these levels. to set up an account is free, all you have to do is fund it and call your broker so you can be allowed to trade the ticker.
it would really would if they could pull that off in 2015. hopefully we hear more news on the dealer contracts as well. if it all can come together this year and constant revenues can pour in, motovox will definitely be in a position to do double if not triple what they do this year with the funds if they can keep out going and unnecessary expenses down.
this year motovox hasnt really been able to get much going as far as revenues because they have been spending time with the recent acquistion, bike expos to get the products out there, dealer contract negotiations, using borrowed funds to expand and product production, the recent land sell deal they just completed and tending to the balance sheets. just because certain aspects are not immediately being addressed does not mean they arent taking care of those issues. my point is that now their in a position to focus on revenues and get the business moving forward. they have barely been a publicly traded company for 9 months, theres so much coming. they needed financing to get in a position to really make moves thus going public and not to mention the toxing financing to get help. covey may be a piece crap as far as management is concerned but at least management is trying to get funding to fullfill business objectives whether they made the right informed decisions or not, they are showing signs that they want to make themselves a presence and eventually a household name in the moto industry. right now is a good time to accumulate because once buying pressure comes, these levels will be a thing of the past and real money will be made. with time, we will be at multiple pennies. Go MTVX.
MTVX current 10Q shows a reduction in Interest expense to the tune of $24,429 down from $194,646 from 2013 3rd quarter. That is an outgoing monthly reduction of $54,000. Or almost 3 times what their new lease will cost. If investors do not see the improvement and implication of what a monthly reduction like this means. So be it. MTVX is slowly turning their balance sheets around. Increased revenue in the 4th and 1st quarter in 2015 should allow this stock to breath. A SMM is the next step in right direction for MTVX. Go MTVX!!!!!
6 billion "plus" in out standing shares is what i said, its not an exact figure and the date comes from the stickied post by dianne at the top. it clearly states the date i gave.
happy thanksgiving to you as well my friend! long and strong baby and still accumulating. GO MTVX.
i will say this much...imho i believe the pps stays here until around march when the calculation period should be finished for ironridge. no r/s will come until then because all that will do is sink the pps back down to where it is now. i have seen posts on possible share buy backs, reduction, retirement etc...none of this will happen until ironridge is gone and i beileve motovox will wait to announce anything like a share buy back once ironridge is gone for good. even with that, we need hard numbers, positive numbers and then there may be more buying pressure. 6 billion plus in share dilution will take time to be absorbed but its not impossible with the way accumulation is going but it will take at least 3 months if not more depending on how much is being accumulated. i dont see a r/s happening here...shares will be absorbed in time, of course not the whole amount but a considerable amount to where once "share buy backs" occur, it will significantly boost the pps but of course with time...i dont see this baby going anywhere significantly until close to spring. until then .0001 and even the 2s are a dream in my opinion. it wont be hard to absorb 6 billion plus shares in 3 to 6 months at these prices. theres alot of stocks i have made money off of that i wished i had got in at these levels, im willing to lose money here for the high reward that this could yield and with the decrease in expenses and less money going out from this recent 10q, i believe we have a winner but in time. Go MTVX.
I completely agree my friend. Being able to accumulate shares at .0001 with a stock that has as much potential as this one is every investors dream. I was hoping the pps would drop when it made it to .03 and this pps is perfect now. Patience in the long run will pay off here, once Motovox gets there balance sheets together and sells more product, the pps will jump in no time but it will take time and im in no rush.
for once i actually agree with you, this stock wont be going anywhere until the toxic financing is done.
If the contract was breached it wouldnt make sense for Motovox to continue to put Motopeds through to these dealers if they cant make money from sales...which is a big reason why Motopeds teamed up with Motovox. Truth be told, no one knows what covey will do but i doubt he will run Motovox and Motopeds into the ground just to line his pockets with a few thousand or a few hundred thousand dollars when he could do everything the right way when he could make millions. A stock thats nothing but a pump and dump BUT just happens to book all these bike and moto shows to showcase product JUST to rob investors...not to mention they sell a real tangible product that can actually be bought BUT their a pump and dump, makes too much sense when you think about it lol this IS a real pump and dump! Go MTVX.
Motopeds is being advertised by numerous dealers online, if Motovox had not paid the amount to Motopeds as agreed i highly doubt all of these dealers would be selling Motopeds. All of this exposure is coming by way of Motovox and their dealer contracts, which more than likely means Motovox held up their end of the contract with motopeds...news will come when its appropriate. As a long who is STILL invested here and accumulating, im not worried at all, its only a matter of time before all news is released on this acquistion.
no one knows what will happen, neither of us knows what management will or wont do...not you not me, no matter how much either one of us speculates. you bet against motovox, i got my money on motovox...only time will tell what will happen.
simply and accurately put my friend, i missed those numbers the first time around but this is most definitely impressive. they are moving in the right direction. i would love to see the pps rise as any other investor long here or even looking for a quick upside BUT i prefer to see the business side of things improve first before a rise in pps so that there is a solid foundation and motovox is doing that and will do more. the fundamentals of this company and the stock will fall in place as time goes on. this will definitely take time but as you said, i have plenty of time and i dont have any unrealistic expectations here with this one. awesome post!
i feel the same but we will see...i could see them doing something and reporting about it after the fact, i dont particularly like that lol. i highly doubt they would announce that, all though it would be nice for the pps, but as a long, i kind of hope they wouldnt and they announce what they have actually done with the funds as well as compounding that news with numbers as a result of what they used the funds for.
i agree...anything is possible at this point
they havent even been a publicly traded company for a whole year. if this pattern was going on for years then i definitely wouldnt be here, lets say they turn it around...theres a huge upside from here. lets say they fail entirely and go under, you lose a couple hundred to a few thousand dollars...you cant be upset because with any investment is the risk of losing money. at the level it is right now, you have nothing to lose unless you invest your whole life savings or take out a loan or some other idiotic option i have heard of. either they will turn it around or they wont...their unproven either way but im willing to lose money here to possibly get a high reward...at .0001 with a company thats moving forward and has a product with sub par revenues, at least they have revenues at all lol ill take my chances.
all of that is fine and i too have access to the same documents you pulled up and have viewed them...but do you have expert knowledge or do you know first hand for sure that there will be more share dumping?
that is exactly why im here. most pinkies dont even have a tangible product let alone any revenues AT ALL. 6 billion shares outstanding and more or not, motovox is a REAL company with REAL revenues. revenues arent great but motovox is a start up coming hitting road blocks that most companies meet that grow prematurely before their revenues catch up. management is fairly new, thus the rookie decisions they have made that have put the pps where it is. aside from the stock performance, motovox is a successful company that happends to trade on the pink sheets, its only a matter of turning things around on the business end that will sky rocket the share price with time. i havent seen many pinkies that have products, revenues and the potential that this has...its rare to be able to buy at this price and for a company that has products such as motovox. all they need is financing and a game plan and we're all millionaires...with time that is. Go MTVX.
i completely agree with you my friend. Go MTVX.