Monster Arts Inc (APPZ)

[lowtrade]

On October 24, 2013, the Company entered into a court ordered settlement with Premier Venture Partners, LLC in the amount of $63,063. Premier Venture Partners, LLC purchased bona fide accounts payable vendor accounts of the Company in the amount of $63,063 which pursuant to the courts judgment will be settled in the form of common stock of the Company. Premier’s entitled to receive the number of common shares equal to a number, “with an aggregate value equity to (i) the sum of the claim amount plus a 10% settlement fee and plaintiff’s reasonable attorney fees and expense, (ii) divided by the lower of the following: (1) fifty percent of the closing bid price for the trading day immediately preceding the order date or (2) fifty percent of the arithmetic average of the individual daily VWAPs for any five trading days within the calculation period”.

Management calculates the conversion price to be $0.00114 using fifty percent of the arithmetic average of the individual daily VWAPs for any five trading days within the calculation period. Accordingly, Premier is entitled to receive 65,911,456 common shares of the Company as part of the settlement. In the three months ended March 31, 2014, the Company issued 25,693,824 common shares to Premier pursuant to the court ordered settlement. As of March 31, 2014, the Company must issue approximately 32,974,215 additional common shares to Premier to settle the court order.

10k Apr 15 OS 159 mil
10Q Apr 20 OS 214 mil
55 mil being sold in this pop. Once the price retraced, all should be sold high and no more are for sale, to feed the emotion pop.


See the volume in the rush hour climb & at highs. See the volume in the retrace after. Big guys have no more shares for sale higher. The trade action is those involved in todays emotion trading. Not VC's dumping to retail any longer. IMO Everyone just bought 55 mil of VC shares held @ .0011 for .005ish.

Do what the big guys do!
Take profits when it presents.