Replies to post #42378 on APT MotoVox Group Inc. (MTVX)

[JJSeabrook]

Did you even read the 13-G? LOL

JJ

[PennyHeaven7]

Thanks diannedawn for this info, at least I was right when I said someone or group was dumping many Millions of share's these past few days, my only question was who ?? was it, and for what reason.

your DD tonight clearly explained it to us all, I just hope that this $2.3 Million past debt is now fully paid in full and once we see the APT/Motovox Audited financials it will now show APT is now totally Debt free, or at the very least, apt as of today now has very little to none, past outstanding Debts going forward.

Bottom-line, I just hope that this past APT- debt is now fully satisfied, and we shareholders can now look to the future, with ( NO MORE SURPRISES ) that we shareholders where not fully informed about before this Reverse/Merger was approved last month, in the first place.

IF?? this is the case then we should start to see the share price continue to go up in price starting tomorrow morning. and not look back. I HOPE!!

Still long and not sold 1-Share, in fact bought a additional 100,000 today , but this Dilution of shares must stop already.

No More surprises, unless they are all POSITIVE. PLEASE!! $$$$$$$$$

[diannedawn]

They say a picture is worth a thousand words...
and of course there is always the reading comprehension issue...
LOL!
SO HERE ARE PICTURES OF PERTINENT PARTS OF THE COURT DOCS TO HELP OUT...
becuz that's just the kind of person I am.
From page 3 of the Stipulation for Settlement of Claims as seen in the exhibits to Covey's declaration:
http://www.scribd.com/doc/219963036/lacourt2


From IronRidge's 13G
"IV received an initial issuance of 435 million"
It goes on to talk about how it might have to return some of those shares,
and based on the close on the settlement date they would only be entitled to 202,937,000 shares...
"may be required to return or be entitled to receive shares, based on the calculation summarized in the prior paragraph. Based on the $0.0182 per share closing price on the day of the settlement, IV would be entitled to approximately 202,937,000 shares. For purposes of calculating the percent of class, the reporting persons have assumed that there were 3,942,664,924 shares of common stock outstanding immediately prior to the issuance of shares to IV, such that 202,937,000 shares issued to IV would represent approximately 4.9% of the outstanding common stock after such issuance."
This lesser number (see the iBox..."202,937,000----------Ironridge Global Partners, LLC") seems to be what "folks" are focusing on...
that is not what IronRidge got;
NOR is it the total of what they will ultimately receive!

That's just HOGWASH as is this
"Restricted Shares: 2,910,501,964 (Non-Trading up to 12-18 months)"

WAIT AND SEE...

READ the terms CAREFULLY!!!
From page 4 of the same:

First FROZ has to exceed $50M in aggregate trade volume between 9:30 and 4:00 EST (Hhmmm...that would seem to exclude all T Trades)...that sets the "calculation period".
Then the # of shares are determined by the
(claim amount + 7% + "attorney fees and expenses") divided by (80% of the closing price on the date of the order, EXCEPT that price can not EXCEED the average of the VWAP of ANY 5 days during the calculation period, minus ANOTHER .002)
Notice it does not even say five continuous days...it says ANY five days.
That means IronRidge will pick the 5 lowest days out of the "calculation period", average the VWAP of those 5 days, and subtract another .002.
Oh wait...THEN they're only using 80% of THAT (another 20% discount)
That is the PPS that will be used to calculate the # of shares

How low do y'all think this will drop with IronRidge dumping 435MILLION shares???
Then subtract .002 off of that low...then take 80% of that pps, and divide it into an amount that we don't even really know.
(becuz we don't know what the "reasonable attorney fees and expenses" are)

But moving right along....
This is from the First Amended Complaint...page 2:


As y'all can clearly see, these "debts" settled were APT's not Frozen Food Gifts Group's PRIOR debts, as some are saying.

There has also been the outrageous claim that this will clean up ALL of APT's debt...
BbawhaHAhaHAha!
Remember how everyone was SO PLEASED that APT Group includes APT Real Estate; and thus APT Group owns the building???

Gosh, cuz that ALSO MEANS THEY "OWN" THE DEBT ASSOCIATED WITH THAT BUILDING!!!
http://www.scribd.com/doc/215375449/opr2012E0000303-1-21-KCMO-CDE-VIII-APT-Real-Estate
http://www.scribd.com/doc/215375007/opr2012E0000302-1-15-Privitera-APT-Real-Estate

...all 10M of it!!!
and people are trying to say they are "debt free" now???

That's so FUNNY!!!CAN'T WAIT TO SEE THOSE FINANCIALS!!! TIC TOC!!!

[MOangler]

I think you should At least try to fake the appearance of intellectual honesty. Court approval required per SEC. There is no surprise in any of the docs. A waste of your money. Sorry

[bullethole27]

Did anyone else ever get the remaining documents that Dianne said she did not?

https://www.lasuperiorcourt.org/onlineservices/civilIndex/