$MTVX The email circulating is real. I hold around 15M shares here and a family member holds a few as well. Here is a chain of communication between Corey and I from November. I have x'd out my name for privacy.
My inquiry:
Corey,
I just wanted to make a quick inquiry to determine if you are currently in communication - and hopefully, negotiations - with APT/MTVX. I am long-term shareholder and the company will not reply to me no matter what is written. I have remained positive in all correspondences and have not pried. I just want to know that shareholders are not being 'had'. I still have my fingers crossed as to a positive outcome for all, but the truth is, I purchased MTVX because of your expertise and intellectual property (that being the S.C. which has now been removed from the company website). I think the product is great over there as is your technology over here, but the management has been less than transparent and more than disappointing. If there is any light you can shed on the matter, I would greatly appreciate it. Also, should you be willing to divulge any information - speculative or otherwise - please give me a heads up as to whether or not I have permission to post it online. I will honor it either way. Thank you for your time and for all of the work you have put in; it has not gone unnoticed.
His Reply:
XXXXXXXXXX, I regret the late reply, however I understand the seriousness of your question and concern so I didn’t want to answer hastily.
Unfortunately no further negotiations have transpired between myself and APT since my July departure and our presenting them with a dissolution plan. It should be clear to most by now that APT upper level management are fatally inept at running a company and conducting financially sound business. Once I understood the gravity of APT’s worsening share situation and funding shortfalls, which continued to plague all of APT’s divisions, I offered them a simple plan to work with me to offset the share oversubscription, currently at 7%, and if APT were to offer a like number of units then we could have retired a little over 5 Billion shares, giving the pps a legitimate bump, healed the oversubscription, got the SEC cease and desist off our back and then if APT would file current fins it would put the stock back on the map.
In return, for 100% of my common and preferred shares, 11.5% of the total or 2.5 bil., I asked for a property exchange agreement to license/purchase the SmartCarb and SonicFlow IP (mostly my own patents) and fund the R&D division as a standalone business unit. In turn supply carbs and technology back to APT for use on their products and products they solely discover. Furthermore provide APT a royalty per carb used on those products. A win-win deal and it would have freed Motoped/Motovox of any burden incurred by ongoing development and R&D activities for the carburetor and other technologies. This by the way would have also fueled development for the SonicFlow engine which has been grossly underfunded for years. (Recognize, although no public statement has been made, APT laid off all R&D, Engineering, SmartCarb and Emissions Testing personnel throughout the early spring of this year and into July, which forced my departure.)
I regret I do not have more encouraging information to share and do not understand the company’s failure to communicate with investors and shareholders, but I do not see it leading to a positive thing. I cannot further divulge the actions I am taking personally other than to say that we have done and are doing our best to defend and protect the technologies at this crucial time and appreciate any support as this is also an unbelievably difficult time for myself and my family.
I am fine if you choose to repost this.
Best Regards,
Corey
AI
