Followers | 222 |
Posts | 17465 |
Boards Moderated | 3 |
Alias Born | 03/01/2010 |
Wednesday, August 20, 2014 6:41:43 AM
http://biz.yahoo.com/e/140820/mtvx10-q.html
Revenues $ 1,028,765 $ 2,118,166 (1,089,401 ) (51 ) %
Cost of revenues 591,445 1,360,670 (769,225 ) (57 ) %
Gross profit 437,320 757,496
Operating expenses:
General and administrative 1,872,534 2,702,455 (829,921 ) (31 ) %
Operating and maintenance 522,984 600,186 (77,202 ) (13 ) %
Depreciation and amortization 90,284 333,447 (243,163 ) (73 ) %
Professional fees 637,647 464,050 173,597 37 %
3,123,449 4,100,138
Net Loss $ (2,686,129 ) $ (3,342,642 ) 656,513 (20 ) %
WOW revenues coming in!! Not profitable, but they are flush with orders!! Most newer businesses have WAY worse numbers. There are alot of negative numbers on this report, but LOOK AT THE ACTUAL INCOME and overall business operations. SUB PENNIES ARE HISTORY!! I am considering writing APT a check to wipe the 6 million deficit off the books. It all depends on the out come of this: Other Legal issues
?
APT Group, Inc., APT Powersport and Utility Products, LLC, American Performance Technologies, LLC. v. Olen Rice, Robert A. Rice, Sr., Jon Umsted, Northern Group, Inc., Marketing Operations Advisors, Inc., Scott Holmes, and Kart Mart, filed November 18, 2013. The Company alleges that certain parties have infringed upon and have utilized trade secrets, confidential information and intellectual property of the company. Legal proceedings are ongoing. The Company has filed a request for a temporary injunction.
Check the next Q to see if it worked out!!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10163659
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM