APT MotoVox Group Inc. (MTVX)

[Kool Aid Man]

"Huge damages" from Monster Moto? LMAO

As we now know, in May/June of last year five of APT's senior executives left this company and joined a start-up competitor. If memory serves me, Monster Moto didn't really get their knock-offs into stores until very late 2013. So I doubt the company has had sufficient time to generate even enough sales to offset their start-up costs as yet. So even if APT wins the lawsuit there's probably little to be gained financially other than being awarded MM's assets and shutting them down. The company appears to operate from a little business park in a crummy suburb of Dallas so it's not like they own a big Montgomery Ward building.

I will also bet the five guys who left APT in May 2013 will claim they did so because APT first breached their contracts with them by failing to PAY them as agreed. Whether those 5 guys can be held personally liable outside of MM's corporate shield remains to be seen. Also remember, when these guys left APT the company had not yet been granted their mini-bike frame patent (that was granted in September 2013).

Something in my gut tells me that Troy Covey knew APT was going straight down the tubes and knew full well what these guys were doing. I'll even bet he was considering MM as a potential partner should his efforts at going public failed (which they did in Aug-Dec 2013 with the botched reverse merger with PRPM). He could have been eying MM as a place to park (sell, barter or otherwise transfer) assets prior to a potential APT bankruptcy.

I base this belief on the astronomical improbability of ALL 5 (FIVE) experienced executives >>NOT knowing or NOT realizing<< that they were bound by written and signed "non compete" clauses!! One, maybe.. but all FIVE??? IF it can be proven they had a green light from Troy/APT then the case against MM collapses.

JMHO