We are hearing that by September there will be a lot going on with MTVX. What’s that? Friday it was FROZ. Monday it is the new ticker for APT MotoVox Group. When I say we hear rumors that this will be a big ticker come the Fall, that does not mean that buying it at any price on Monday means anything when it comes to buying shares now. We are going to watch this one carefully over the next few months.
FYI, the IR guy at the bottom of the press release I have had some contact with over the years. My experience with him is that he is a straight up guy who would not get with the wrong company. Yet another reason to keep watching this one.
Here is their release from Friday:
APT MotoVox Group, Inc. Announces Change in Ticker Symbol to MTVX
APT MotoVox Group, Inc., today announced it will change its OTC BB ticker symbol to MTVX. The new symbol will become effective as of the opening of trading on Monday, July 14, 2014.
This change does not require any further action by shareholders. Shares owned by current shareholders will be automatically converted on a one for one basis.
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