APT MotoVox Group Inc. (MTVX)

[FUBAR]

What Covey did with the proceeds is anyone's guess. $1.7 mil is not a ton and with APT's debt, delinquencies, lawsuits, etc, I doubt anyone would want to merge with MTVX and take on any of that crap. There's a reason all of the officers left. You and Diane were right a long time ago. Some of us listened, most didn't.

The MTVX longs are still here and holding on to hopes that this Motopeds franchising debacle will pull them out from the bowls of hell.

On November 5, 2014, the Company sold its real estate holdings, consisting of two buildings located at 8844 Hillcrest Road and 8830
Hillcrest Road, Kansas City, Missouri, and tracts of land totaling 19.80 acres to Cerner for total consideration of $8,938,282.27. After
paying off the existing mortgage and separating from the New Market Tax Credit transaction, the Company received net cash
proceeds of $1,785,810.84.

BTW, MTVX continued to stay on the property until they were eventually evicted and were sued by Cerner for back rent.