Troy Covey apparently abandoned MTVX in 2018 and teamed up with some guys to start a marijuana farm next door to his house. The company >is not< in his name nor is the property according to the tax assessor records. Moreover, it seems to be fully operational with several buildings, processing areas, equipment with active growing, harvesting etc. In other words, not another wannabe start-up.
>IF< these guys want to go public there are PLENTY of clean tickers out there to choose from. I can't imagine why they would want the headaches and misery of trying to rehabilitate a bona-fide dumpster fire like MTVX even if Troy could get it back for free. All the old skeletons and obligations would have to be unearthed and dealt with. And even then, why would they feel any obligation to make old MTVX bagholders "whole"? Your money has already been blown or stolen on the old defunct mini bike/ moped scam. Why should you expect any equity or the ability to profit from their marijuana operation? They would be looking to go public in order to raise money..not take on olddebts and liabilities.
Eddie Vakser says he's "in negotiations with" these guys in an apparent reverse merger with his $SUTI and posted a few pics of himself at their unnamed farm. Of course he lost no time in pumping this non-material event to benefit himself..something he has a history of doing and failing to follow thru with (i.e. TDEY r/m with Kent Linduff's Oak River Technology). Remember Eddie announced his $PRPM was going to do a reverse merger with APT Motovox back in 2014-15 only to have it fall apart. Troy then did a R/M with FROZ and switched the ticker to MTVX. Unfortunately he made the fatal dash-for-cash by taking on toxic/ convertible debts from the likes of Ironridge and LG Capital. Doing so reportedly blew up the O/S into the tens of billions.
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