Replies to post #111982 on APT MotoVox Group Inc. (MTVX)

[ZEN-Masta]

I Agree...MTVX. My 1 post.

[diannedawn]

Be serious!
The Q's aren't even accurate!
THAT'S WHY IT SAYS THIS...
"AMENDMENTS TO PRIOR FINANCIAL STATEMENT FILINGS

With the recent completion of the audit (filed in September 2014) for the fiscal years 2012 and 2013, the Company is now in the process of reviewing and amending previously filed financial statements and cash flows for Quarters One, Two, and Three; and thereby conforming to the Audit."

Apparently, they're working on correcting the "mistake" on the earlier Q
that was caught by the SHAREHOLDERS!

The SHAREHOLDERS sent MTVX an email...
I don't believe they ever received a reply...

Its already been stated here that
"MTVX’s profit and loss statement for period ended June 30, 2014 is MISSING $4,940,000 in interest expenses for issuances related to Ironridge. This figure is the difference between $7,227,000 (fair value of share issuance as of June 30, 2014) and $2,287,000 (IR claim)"

So much for their

MTVX current 10Q shows a reduction in Interest expense to the tune of $24,429 down from $194,646 from 2013 3rd quarter

Don't believe me?
Ask around...

[Arizzle]

COGS says it all...they will never be profitable importing Chinese products for $5 and selling them for $5.01

[AthleticsFan]

MTVX current 10Q shows a reduction in Interest expense to the tune of $24,429 down from $194,646 from 2013 3rd quarter. That is an outgoing monthly reduction of $54,000. Or almost 3 times what their new lease will cost. If investors do not see the improvement and implication of what a monthly reduction like this means. So be it. MTVX is slowly turning their balance sheets around. Increased revenue in the 4th and 1st quarter in 2015 should allow this stock to breath. A SMM is the next step in right direction for MTVX. Go MTVX!!!!!