APT MotoVox Group Inc. (MTVX)

[slingwing1]

That phraseology doesn't pertain to Covey the person.

Seems to me it was intended to be put into the purchase agreement as is and buried for a reason and I am sure they didn't sell to a small flock of birds.

cov·ey
'k?ve
noun
noun: covey; plural noun: coveys
a small party or flock of birds, especially partridge.
a small group of people or things.
"coveys of actors rushed through the rooms"
synonyms: informalbunch, gaggle, posse, crew
"a covey of audition hopefuls were lined up in the lobby"

Now lets look at that small blip from the purchase agreement again. Read it as fast as you can over and over and it will become clear that MTVX paid for Motoped but Padre Troy owns it lock, stock and barrel. Now go to Motoped.com and all you have is a link to APT Motovox. No mention that it is a subsidiary of MTVX or part of MTVX.

1. Sale of Assets .
(a) Assets . Subject to the terms, provisions, and conditions of this Asset Purchase Agreement, Sellers hereby sell, covey, transfer, and deliver to Buyer and Buyer purchases from Sellers, all of Sellers’ Right, title and interest in and to the assets of Sellers set forth below (the “Assets”), free and clear of any and all liens, pledges, security interests, and encumbrances, of every kind or nature whatsoever:

Note they are selling to Covey but delivering it to the buyers MTVX. Just a fast play on words and now Padre Troy has a leg to stand on if any legal action were to arise. This means they did exactly as intended and informed all parties and the general public of their intent. Old Padre Troy has all of Motoped under his personal control. That means all intellectual property, patents, and design which would have some value if Motoped were to ever fold.

This isn't the first sham pink I have researched. They find new and sneakier was of screwing the investors by the moment. Padre Troy is no exception.