APT MotoVox Group Inc. (MTVX)

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AWESOME NUMBERS OUT!!Form 10-Q for APT MOTOVOX GROUP, INC.

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

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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