InvestorsHub Logo
Followers 743
Posts 61883
Boards Moderated 10
Alias Born 10/05/2009

Re: Traderfan post# 64018

Monday, 06/05/2017 12:14:09 PM

Monday, June 05, 2017 12:14:09 PM

Post# of 85933
The official current $MVTG float is 64 million shares per OTC and the transfer agent as of feb 28th when the dilution share dumps ended and the bankers converted their MVTG conv-debt to preferred shares, which means some one can buy the entire float for $200,000 at today's low.

http://www.otcmarkets.com/stock/MVTG/profile

52% of the OS which is also the current AS, is locked up by the officers of the company who can not sell their shares with out prior notice which be insane as it would crash the price and do them no good. It would make more sense for them to return the shares to the treasure and pay their salary with convertible debt against those shares. So for now the float is going no where any time soon.

AWS(MVTG) and MVTG/Mantra Energy have so far done nothing of value to or for the officers or the stock price except to file the sec fillings and get it current.

Why would they even bother with all this if AWS had no real value to $MVTG?

Why would the prior bankers lock up their guaranteed $$$$$ convertible debt as preferred shares with no market, if they did not see all this MVTG-AWS as a way to increase the stock price and refinance MVTG ???