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Thursday, August 21, 2014 9:16:30 AM
"Our products have received the highest marks for quality and design which is reflected in the demand for larger quantities in these key international markets. This is just the beginning of a huge rollout of MotoVox products through 2014 that we expect will explode in 2015," said Mr. Covey.
APT MotoVox Group, Inc. Doubles Orders in Q3 2014 to Mexico and Latin America
KANSAS CITY, Mo., Aug. 21, 2014 /PRNewswire/ -- APT MotoVox Group, Inc. (OTC BB: MTVX) today announced receipt of new orders that doubled existing orders in Mexico and Latin America. MotoVox products will be delivered to Sam's Club, Groupo Elektra, Liverpool and other key stores throughout Latin America.
Groupo Elektra owns more than 1,000 stores in Mexico, Brazil, Guatemala, El Salvador, Honduras, Panama and Peru. The stores owned by Groupo Elektra offer in-store credit to consumers in Mexico and Central America.
The additional order is a direct result of a "rate of sale" test within markets in Mexico that produced a 97% sell through in just four weeks.
"Elektra is one of the largest retailers in Latin America. Doubling the order quantity at this stage creates a clear path to prolific distribution throughout Latin America," said Troy A. Covey, President. "We expect multiples on growth of order quantities over the next twelve months."
http://ih.advfn.com/p.php?pid=nmona&article=63333627&symbol=MTVX
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