APT MotoVox Group Inc. (MTVX)

[PennyHeaven7]

More good news tonight from the 8-K/a , that all MTVX Longs will be watching very closely going forward, the revenue potential just from the Smart Carb could add up to many Millions alone. IMO WINK $$$$

From Tonights 8-K/a:
The Company has also entered into a letter of intent with a leading military contractor to provide SmartCarbs for a variety of applications. as well as We will add OEM contracts with SmartCarb in addition to aftermarket retail sales for a broad range of product applications.

http://ih.advfn.com/p.php?pid=nmona&article=63641111

2014 Outlook

As we move deeper into 2014, the Company’s outlook is positive, and management feels confident that the Company is on track to deliver on several key objectives by the close of the year:

To drive revenue growth and market share, we are meeting plan objectives to increase our product lines to include additional product models that will be introduced to the market Q4 2014 and Q1/Q2 2015. In 2014, the company will begin selling its 105cc engine platform and the company will introduce its first on-road, market leading, high efficiency motorcycle design.

We will add OEM contracts with SmartCarb in addition to aftermarket retail sales for a broad range of product applications. The Company has also entered into a letter of intent with a leading military contractor to provide SmartCarbs for a variety of applications.

The addition of MotoPed to our product mix will help to flatten our seasonality index while adding diversified revenue to the Company and reducing channel concentrations.

We are also meeting plan objectives to increase the current store locations through specialty dealers and regional retailers to over 3,000 store locations. Internationally, we expect to see revenue growth from our market sales launch in Mexico and Central America. Our anticipated international store count should exceed 500 locations in Latin America alone while we focus on gaining deeper penetration into Canada, Brazil, Europe, Australia and South Africa.

MotoVox® will be introducing new products that increase: 1) Gross Margin Dollars; and 2) Gross Profit Margins. We continue to reduce the Bill of Material (BOM) costs on the SmartCarb® as volume continues to increase allowing for greater gross profit margins.

The company’s defective product percentage rate is within industry standards. We continue focus on maintaining low defective rates through our continued product design changes and processes.

-------------------------------------------------------------

From the July 23ed Shareholder PR:

The SmartCarb® has entered into a new opportunity with outboard marine engines. Our initial target is the U.S. military special forces tactical units and border patrol.

SmartCarb® began as a billet product. In 2013, we moved to investment casting. Our final move is to die casting in 2014-15 allowing for mass production that will lower the cost even further to the consumer.

This year, we are selling SmartCarbs® to the after-market as APT continues to test and negotiate OEM contracts. This product is an exclusive technology to the MotoVox® brand within its product categories.

SmartCarb® is the first fuel system of its kind to effectively atomize heavy fuels such as military spec jet fuel and diesel, which has attracted the interest of developers and agencies such as Unmanned Aerial Aircrafts (UAV) and submersible outboard marine engines for armed forces and other government agencies.

This year we have increased aftermarket sales while preparing to enter into development agreements with OEMs. This takes significant capital, time, and testing. We expect to be providing the SmartCarb® to OEMs in 2015.

The SmartCarb® has entered into a new opportunity with outboard marine engines. Our initial target is the U.S. military special forces tactical units and border patrol. There is a significant need for the APT fuel system to meet mission critical requirements such as: 1) Impervious to electromagnetic pulse (EMP) signals; 2) Multi-fuel capabilities such as regular gasoline, diesel, or military spec heavy fuels; 3) Self-compensating for altitude without electronics and sensors; 4) Lower emissions.

The SmartCarb® has proven multi-fuel capabilities on unmanned aerial aircraft, and now outboard motors, achieving what NO OTHER fuel system can without costly, low performing and complicated electronic systems.

http://ih.advfn.com/p.php?pid=nmona&article=63023848