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Re: GloomyBloomy post# 138162

Tuesday, 10/06/2015 11:18:47 PM

Tuesday, October 06, 2015 11:18:47 PM

Post# of 163725
Yes, iron ridge and every other toxic financier in the industry diluted it with shares they received FROM CONVEY in exchange for cash. Cash that shareholders have no clue as to how it was spent because MTVX is a delinquent filer

CONVEY diluted this by proxy, it's very simple. This is how all stinky pinkies (and many Nasdaq scam companies as well)dilute....through convertible notes, as they are unable to sell new shares via a direct or privately placed secondary offering because no one in their right mind would buy the shares. These convertible note agreements are written as such to almost guarantee a positive ROI; at worst they guarantee break even.

When's the last time you heard of a big board stock doing a secondary with guaranteed positive ROI??