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Re: frosr6 post# 112629

Sunday, 11/30/2014 8:13:17 AM

Sunday, November 30, 2014 8:13:17 AM

Post# of 163725
Giving away shares to payoff debt and cutting a check monthly for interest expense are two totally different things. But, you know this. When I sit down and look at my outgoing bills (interest expense) I total them up, write the checks and that money leaves my account. The account is funded by my revenues. When that outgoing goes down significantly (like it has) that means I cut checks for $8000 a month instead of $68,000. Thus leaving more cash on hand for production. Share exchange for debt is WAY different of course. For 1, like the IR deal, shares were given to payoff $2,700,000 in debt. These shares COULD now be purchased back by MTVX for around $200,000. Interest expense obviously doesn't work that way. You owe $68,000 in interest this month, that's what you pay. Period. No break. No nothing. Now, I have no idea like everyone on this board what MTVX management will actually do. But the above scenario, if played out like I have said makes them geniuses. $2,700,000 relieved for now $200,000. Pretty smart. So, I hope this explains to you the huge difference between monthly interest expense and share distribution. They are NOT the same. MTVX has greatly reduced their interest expense moving forward. GLTY. I enjoy reading your posts. I'm not sure if you were jerking our chain here not knowing this difference. But either way GLTY.