APT MotoVox Group Inc. (MTVX)

[Sharktnk]

Intrinsic value?

“A general definition of intrinsic value would be that value which is justified by the facts—e.g., assets, earnings, dividends, definite prospects. In the usual case, the most important single factor determining value is now held to be the indicated average future earning power. Intrinsic value would then be found by first estimating this earning power, and then multiplying that estimate by an appropriate ‘capitalization factor.”

The minimalistic 'value' that could be ascribed to any one of the facts here (the majority being non-existent) divided by 12-15B shares ...

Value? Please.

APT and MTVX could still benefit from the results of these proceedings

Nonsense. The law allowed them to use court proceedings to secure debt for equity. The issue they are facing is whether or not they acted as broker dealers. This was not done in a vacuum, these agreements were designed as settlements which predisposes the companies participation, not as some sort of hostile, outside takeover that they have no control over. They agreed to work with these clowns, knew what they were getting involved with and understood exactly what issuing a gazillion shares would entail. It is disingenuous to state it any other way. Enough of this BS that MTVX didn't know or isn't 100% completely complicit.

It's in black and white, read the complaint ...

16. After identifying creditor claims to be included in a contemplated
Section 3(a)(10) exchange, and with the consent of the microcap issuers, certain of
Ironridge’s principals then negotiated directly with the creditors for the purchase of the
claims by Global IV.

http://www.sec.gov/litigation/admin/2015/34-75272.pdf

Moreover, any disgorgement would come from whether they violated the sections of the SEA and those monies would go to the SEC.


Just to settle this once and for all ...
Let's go waaaay out on a limb and suppose the SEC backtracks all these agreements, overturns all the previous court settlements (which in itself would be beyond remarkable, just court costs alone of each individual case) and miraculously makes these null and void. Somehow is able to return not only the monies exchanged, but the gazillions of shares spread out through all these agreements as if it all never happened.

MTVX with it's fabulous track record of intense care of it's shareholder base, will now make good to them by this monumental decision and do what? Put the debt back on the books? Eradicate the billions of shares from the O\S making it now a trip zero pos with only 5B O\S that still has how many other non- IR toxic agreements with unfinished conversions?

Has it occurred to anyone that follows, trades or mistakenly 'invests' in these OTC's that even in the best cases where the corruption is overt, the company is running a complete and unfettered scam that nothing is ever returned to the victims (or players or however you want to couch the term)?

But this one will be the first ...