I like wise will point out the flaw in this logic and use basic business principals to explain
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A share buyback of 4B shares at 0.0001 costs $400,000 as you have pointed out. Shares repurchased and returned to treasury must be stated as Contra Equity which effectively reduces a firm's equity.
Business plans in every company include spending "equity" in whatever form that initially reduces equity. Not unlike paying for advertising that eventually leads to more sales thus more equity. In MTVX case, the equity gained would be investor confidence and PPS increase. I guess the easiest way to state this is you need to spend money to make money.
Obviously, us LONGS believe there will be more then $46,000 equity in MTVX in the very near future through product sells and asset sales. Thus a plan like this works and makes sense if you are in this camp. But yes I agree, if you continue to base all of the future planning for MTVX off of $46,000 in equity then why bother staying on this board and post? Obviously if all MTVX is and will ever be is $46,000 in equity then its a wrap. Obviously no one on this board believes that, not even the bashers. So posting about past numbers here and basing "flaws" off of them seems very short sighted to me. I assume we all invested in this startup based on potential? Not the past? GO MTVX!!!! I do appreciate your response. I guess we agree to disagree. Good luck to you and your shares.......
