Replies to post #112009 on APT MotoVox Group Inc. (MTVX)

[Kool Aid Man]

True but most Pink's DON'T have TOXIC FINANCIERS like IRONRIDGE GLOBAL, TANGIERES AND WHC CAPITAL-- financial parasites who have the legal right to repeatedly force the company to issue billions more new shares to them to "true up" the debts they're owed. They dump the shares, demand more and dump those putting the company in a toxic death spiral. Imo we'll soon see another filing attesting to this. All 20 billion authorized shares will likely be issued as long as they can be dumped. Imo there's no way this company can ever claw it's way out from under this crushing debt.

[Chrisandwynn1]

I would say MTVX reducing their Interest Expense by $170,000 in the 3rd quarter 2014 compared to 3rd quarter 2013 is a HUGE turn around that has already occurred. That is roughly $54,000 LESS a month going towards interest payments. Their 3rd quarter 10Q states they are now at around $8000 per month in interest expense moving forward. In the first 3 quarters of 2013 they were over $600,000 in interest expense. Growing pains for sure. As a MTVX investor I am glad that is all behind us. Company growth and improvement is what I am looking for. I certainly see this with MTVX. The PPS will follow. I have nothing but time. Go MTVX!!!!!!!!

[diannedawn]

Funny...

all they need is financing and a game plan and we're all millionaires...with time that is.

Wasn't this going to happen months ago???

It never did...
WHY???

Because this "real" company with "real" revenues
management is more interested in lining their "real" pockets...
NOT THE SHAREHOLDER'S...

RS is coming...count on it.

Unless you can tell us how they will fix their "real" problem of not having enough shares left in the A/S to cover the conversions???
"The Corporation covenants that it will at all times instruct its Transfer Agent to reserve and keep available out of its authorized and unissued Common Stock solely for the purpose of issuance upon conversion of Series E Preferred Stock as herein provided"

I've been told for moths that they don't need to have those shares UNTIL the shares are able to be converted...
Well that day is coming...

Reverse Split? Increase in the A/S? OR BOTH???
TIC TOC!!!


(I'm personally betting it will be BOTH!)

[bucks2pennies]

You bet! Just keep in mind the R/S. VERY critical to be on the defensive BEFORE it happens. KNOW it will take a hit when that happens....short lived I believe. If you stay put, 20-40% likely dive with rebound...and some management offence that could change the picture entirely. My perspective...2-3x gains within a year after R/S.

[diannedawn]

BTW...how many times are they going to use this excuse for their pathetic "real" revenues???
"Revenues and Gross Profit have decreased by $95,306 during the three months ended September 30, 2014 compared to September 30, 2013, due to our inability to timely secure adequate production capital in the second quarter of 2014. Accordingly, we were unable to accept all of the orders received in prior quarters for potential delivery this reporting period. This issue has been subsequently resolved going forward in 2014."

"Revenues and Gross Profit have decreased during the three months ended June 30, 2014 compared to June 30, 2013, due to our inability to timely secure adequate production capital in the first half of 2014. Accordingly, we were unable to accept all of the orders received. This has been subsequently resolved going forward in 2014."

"Revenues and Gross Profit have decreased during the three months ended March 31, 2014 compared to March 31, 2013, due to our inability to timely secure adequate production capital in the latter half of 2013. Accordingly, we were unable to accept all of the orders received."

We all have heard the stories about how 2013 was so dismal, due to their inability to get financing...
But they got the TCA line of credit in January 2014, and rapidly took $2 million out of it.
Then they went public...
There have been many convertible notes issued since.
(Want me to bring the whole sordid list here?)

They have said...over and over..."This has been subsequently resolved going forward in 2014"
YET THE "REAL" REVENUE FOR 2014 CONTINUES TO BE EVEN LESS THAN IT WAS IN 2013...
WHEN THEY DID NOT HAVE ALL THIS CASH ROLLING IN FROM "FINANCING"!!!

CAN YOU PLEASE EXPLAIN???

I'LL WAIT RIGHT HERE...