APT MotoVox Group Inc. (MTVX)

[bullethole27]

You misinterpreted a couple of things.

There are not 500M preferred shares issued there are 500M preferred shares than CAN be issued. Much like the 20B that CAN be issued in common stock. You are also viewing the outstanding preferred shares as a limiting factor to reducing the authorized common shares. That is not the case, they can still reduce the A/S on the common side and it would just mean that they have no intention to convert all of their preferreds. Preferreds are held for voting control not to dump on the market. That being said I am in complete agreement with you that the transparency needs to begin soon. We have done enough speculating and postulating for one lifetime now. Hang in there, we'll get some answers soon.