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Re: Chrisandwynn1 post# 112039

Monday, 11/24/2014 9:24:17 AM

Monday, November 24, 2014 9:24:17 AM

Post# of 163721
Are they including ALL THE INTEREST EXPENSE???

I would say MTVX reducing their Interest Expense


I'll wait for the Amended Q's ...THANKS!
"Item 5. Other Information.

A) AMENDMENTS TO PRIOR FINANCIAL STATEMENT FILINGS

With the recent completion of the audit (filed in September 2014) for the fiscal years 2012 and 2013, the Company is now in the process of reviewing and amending previously filed financial statements and cash flows for Quarters One, Two, and Three; and thereby conforming to the Audit."

I'd guess this is because of the "mistake" noticed by the SHAREHOLDERS...
""MTVX’s profit and loss statement for period ended June 30, 2014 is MISSING $4,940,000 in interest expenses for issuances related to Ironridge. This figure is the difference between $7,227,000 (fair value of share issuance as of June 30, 2014) and $2,287,000 (IR claim)"

TIC TOC...I'm sure the SEC is looking for those amended filings too!

ROTFLMAO!!!