Replies to post #75193 on Movement Industries Corp (MVNT)

[StockWatch45]

Seems like a solid tool to use if you are merging or buying a subsidiary interest, like in a construction company or something.... But, I think most of those are just what is left on Friends and family if you look at the recent statements, the annual shows some conversations occurred. and 900k issued and 773,500 outstanding...so only 173,500 not owned by the 2 Officers - which includes friends and family who didn't convert.

[tmcfo]

And what do you think company got for those shares? Probably nothing as they would have been disclosed.

[chemist72]

I don't think people yet appreciate how meaningful it is when a company like MVNT issues 250,000 Preferred shares without any apparent charge.

MVNT is an OTC company that is very "tight" with their shares, to say the least.
For them to "give away" 250,000 shares is extremely unusual in my view.
Even though they haven't yet disclosed who received those shares and why they were given those shares, you can bet your bottom dollar that they were given for "something" very important to the company.

Eventually these things will be disclosed. That is if MVNT truly wants to become current and upgraded to the OTCID market!

[GLee17]

I am not seeing the company issued 250k of Preferred B Shares. Where did you see that?

I see 695,000 of Preferred outstanding as of 6/30/2025. 600,000 owned by the 2 principals and 95,000 owned by f&f.

The company issued 6.2m common shares the first half of 2025 (1/1 - 6/30) that were not f&f conversion. Not sure where or who these went to.

Then another 3.7m shares issued after 6/30/25 that I don’t think is f&f conversion.

So if not f@f conversion, have issued 9.9m common shares in the calendar 2025 year.
Almost $20m at $2/share.

Hopefully not for services and possibly acquired something, somewhere, somehow.

What gets me is that should be disclosed as a material event in my mind.