Replies to post #95460 on APT MotoVox Group Inc. (MTVX)

[stock_hippie]

a million shrares..?

[diannedawn]

Have you found the link for the convertible note yet?
The one you claim converts at 1¢...

if you look at some of the convertible notes that were issued during the 2Q, and/or consulting agreements that could also be paid in equity, you'd see that conversion price per share is 1c.

Really? Institutional investors already bought--that is what the notes represent. Lenders already gave $180K, $500K and etc. They will convert at 1c and above.

There was also a maximum conversion price at 1.4c on one of the notes which is very telling and connects to the IR final tranche issuance. If the maximum conversion price on a discounted note is 1.4c, the anticipated trading price of $MTVX is above 2.6c. This appears to be the case.

The consulting agreements also have fixed conversion price of 1c per share so this 1c pps target seems very convincing to me.

I already pointed out that you are wrong about Schissler's consulting agreement...
ONLY PRITT'S had the 1¢ conversion...
Schissler drafted the BETTER deal...
His shares are calculated by the "closing bid price on the previous last trading day of the calendar month"...

http://www.sec.gov/Archives/edgar/data/1486526/000135448814004356/mtvx_ex1072.htm

[Lebbe1]

Ms BB, Checked convertible notes, can't find conversion 0,01$???