Replies to post #45279 on APT MotoVox Group Inc. (MTVX)

[photo4u]

I could be way off base here, but in addition.... We don't have a ticker change yet and they are paying this off which in my opinion is the smartest move possible.
And more importantly if they had(ve) much more debt why wouldn't they throw it on the fire.
We are in crunch time mode, personally I don't see them going through all of this just because they need to pay their bills.
That's where I am in my thought process anyway.
Sentiment:bullish

[Ronin_Trader]

The bottom line is - paying a debt off is always a good thing in the long run, whether your a business or an individual.

[diannedawn]

Nope!

The recent PR and 8K that explained about this Ironridge transaction clearly states that it was necessary for them to do away with Ironridge so that APT can take back their receivables control.

You are confused! As I already explained:
IRONRIDGE WAS THE VEHICLE USED TO "DO AWAY WITH" TCA!!!
TCA was the one that extended the $9M credit line with the terms which forced the receivables of APT into a "lock box account".

Again, this would become CLEAR if you took the time to read the court docs!!!

You are not the only one confused by this obviously...I see statements like this

It seems APT could not even use some of there Revenues to pay some of their Tax's or other necessary bills with that came due, only because this IronBridge was in full control of their receivable cash flow and used it for there benefit and financial gain, not APT's that's for sure. IMO in any case !!!!!!!!

over and OVER!!!

IRONRIDGE IS NOT THE PARTY THAT HAD THE "LOCK BOX"!!!
IRONRIDGE PURCHASED THE TCA DEBT ALLOWING APT TO GET OUT FROM UNDER THE TCA "LOCK BOX" TERMS!!!
THIS DOES NOT MAKE IRONRIDGE A HERO...
When all is said and done I think people will be appalled at how many shares flew out the door and into IronRidge's hands...
AND FOR WHAT??? Becuz the management at APT didn't have the foresight 4 months ago
to not sign the TCA credit agreement with the "lock box" provision???

WHAT DOES THAT SAY ABOUT THE INTELLIGENCE OF THE APT TEAM???
WHAT DOES THAT SAY ABOUT THE "ADVICE" THEY ARE GETTING FROM THEIR "CONSULTANTS"???

I never said YOU said APT was/will be debt free...
merely that it is yet another load of HOGWASH that is being perpetuated here...

Much like the BS about the COMMON shares the APT shareholders received in exchange;
being restricted for "12 to 18 months".

I have yet to see any PROOF what so ever of this statement;
yet it is repeated frequently, and resides in the ibox.

I would love to see PROOF that those shares are restricted for more than 6 months....
SADLY, NO ONE HAS PRODUCED IT! LOL!!!
THEY CAN'T, BECUZ IT'S SIMPLY NOT TRUE!!!

People are so fond of judging my alleged motives, or make claims that I am compensated...
I simply wish to counter the prevalent misinformation.
I wonder why no one questions WHY that misinformation is so prevalent?
I am not "short"...I do not "short" any stocks.
I do not believe it's right to allow people to sell something they don't own!
All the problems with "naked shorting" would disappear if no one was allowed to short...period!!!
...not like that will ever happen though...

I said before, this company has POTENTIAL...
BUT at this point (with out seeing the financials), it is NOTHING more than a "lotto" play!
Many good companies with potential have failed/been destroyed by INCOMPETENT OR GREEDY SELF SERVING MANAGEMENT!!!

Just have to look at Matty full of Schissler's conpanies to see THAT! LOL!!!