Thursday, July 24, 2014 9:35:36 PM
APT MotoVox Posted numbers in press release that never Came true.
APT Group forecasting $68M Revenue for 2014.
American Performance Technologies, LLC (“MotoVox®”) is a marketing, IP and light manufacturing company with product and market opportunities that are unique to the powersport and utility product industries. APT Group, Inc., (“APT”), is a Missouri registered corporation, whose headquarters, product development, and testing laboratory are domiciled in Kansas City, MO functions as the holding company for: APT IP Holdings, LLC, American Performance Technologies, LLC (operating company), APT Powersport & Utility Products, LLC (powersport vehicles and consumer utility products).
The Company reported revenue of $10.5M for 2012 and is forecasting $20M for 2013 and $68M for 2014. They are in the Big Box Retailers and order demand exceeds current supply capabilities. The Company will be preparing a financing plan for up to $5M in expansion capital.
http://www.prweb.com/releases/2013/5/prweb10701283.htm
The Forecast of $68 million for 2014 , Sure will be tough to Complete, Why would they release a Press Release like that,
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