APT MotoVox Group Inc. (MTVX)

[bullethole27]

APT is not debt free and it doesn't matter.

Please remember people the audited financials do not have to be debt free for them to be "good". This is a 3 year old company, there's almost no chance we are debt free even with all the debt we have paid off. You have to buy buildings and machines and hire workers and develop products and do all those costly things before the money starts rolling in. APT is now at the point where the money has started rolling in but there's no way they have made up for all those start up costs yet. AND THAT'S OK!!!

What we need to look at is revenue growth past and predicted, gross margins, and the breakdown of expenses. Things like large marketing/selling or R&D costs will be fine for APT that's what they should be focusing on. Things like $5M a year to Troy Covey in salary would be bad. That is wasteful and unwarranted.

More than anything these guys should be valued on potential. The most important thing right now is probably the contracts that they have with OEM's and what their current capacity is and plans for expansion. This company should not be valued on the financials but rather on the contracts and the game plan for the future in my opinion.

Just want to get this out there because a lot of people are acting like APT has to be debt free to be worth investing in and that's ridiculous. Invest in the management (which looks really strong especially for OTC and at this price), invest in the products (SmartCarb, SonicFlow, Generators, Motovox), invest in the growth story (My guess is these guys are growing at an average of 40% per year based on what they have announced and predicted so far. That is Awesome!!!).

Don't pin all your hopes and dreams on them being debt free! It doesn't matter if there is debt so long as it isn't the wrong kind of debt which they have been taking care of.