Replies to post #95590 on APT MotoVox Group Inc. (MTVX)

[drizzystocks]

Soo this wont go higher than 0.012?

[diannedawn]

LoL!...Ooppps! you are MISQUOTING me...

How have you "proved" that Schissler's agreement is "better" than Pritt's?

yet I said this...

I've already proven that your statement about the consulting agreements, ONLY APPLIES to Pritt's ...it is NOT TRUE about Schissler's!

Your statement was

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.

I say that Schissler's agreement is BETTER than Pritt's because
Pritt got 25M shares (250K @ 1¢) but the pps had already tanked; so he only received 65K (selling @ .0026)

QUITE A DEAL!!!

Meanwhile, Schissler opted to get paid monthly, with a conversion rate that varies with the pps...
He receives a smaller amount of shares each month (that's easier to sell) and as you already pointed out...

April payment-
Quote:
--------------------------------------------------------------------------------
In April 2014, in accordance with a consulting agreement the Company privately issued 1,041,700 shares of common stock to Matthew Schissler which had a fair market value of $13,958.78.
--------------------------------------------------------------------------------

This is a conversion at $0.0134 per share.

May payment-
Quote:
--------------------------------------------------------------------------------
In May 2014, in accordance with a consulting agreement the Company issued 1,894,000 shares of common stock to Pyrenees Investments, LLC which had a fair market value of $10,795.80.
--------------------------------------------------------------------------------

This is a conversion at $0.0057 per share.

If you take the April and May payments, it gives a total of $24,754.58 for 2,935,700 shares. This is an average of $0.0084 per share.

Whether the pps goes up or down, he will still come out of this with about $250K...
UNLIKE PRITT!!!

Lets see...250k versus 65K??? I think most people would say that is the "better" deal...but lets wait for the final tallies in the Q's, eh???

As for this...

Yes, the note says, No more than 0.012.

I proved that this "ceiling" means the lender will get MORE shares than they would with out it ...if the pps goes UP...
YOUR CLAIM is that it means the pps WILL GO UP and they will be converting at 1¢ or above...I guess we will wait until the Q's following the conversion; and see which scenario proves to be TRUE...
...As well as the other claims you've made recently...like IronRidge will only get 381M more shares, or (better yet) they will be RETURNING 435m shares!!!


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