MV Portfolios Inc. (fka MVPI)

[postyle]

A Form SC 13D issued today.

Everyone ready for the 1:100 reverse split?

Hypothetically speaking, if it happened today, that would put PPS at $2.15 which is kinda scary since the insiders get to exercise options at a strike of $0.50 share. These non-qualifieds can't all be exercised at once since they vest quarterly over a period of 3 years. Of course there are also convertibles that don't have such a vesting schedule. A lot of those are executable within 60 days.

So at some point there will be a money grab. Just hard for me to guess how soon it will be and how much. I think over time this becomes a better spec play, but the reason I have a little scratch in the game already is because of the people involved and the quality of the MVP patents.

It's gonna be a bumpy, wild ride.