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Wednesday, March 18, 2015 4:34:00 PM
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the consolidated financial statements, the Company has a working capital deficit of $20,300,467 at December 31, 2013, which raises substantial doubt about its ability to continue as a going concern.
The only that can save MTVX (aside from getting rid of the toxic lenders) are good revenues and profits. It appears from posters here that sales are occurring -- and that is great. The shortened delivery time is better. But, we do not know anything more.. no hard numbers, no news from the Company. If profits are healthy, then SS can be dealt with ... but, again, no news from the company.
Some say "quiet time is golden," but quiet time gets me nervous. I was invested in another Co. (PERL) that also went into a "quiet time," and some said then that: "lots of things are happening behind the scenes, when news comes out, it will breakout, and silence = gold." Now, its in it's third year of silence! Obviously, it was a scam. I do not believe MTVX is a scam, but until I [we] hear solid concrete news from the Company, I believe it is poorly run.
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