InvestorsHub Logo
Followers 19
Posts 894
Boards Moderated 0
Alias Born 03/10/2013

Re: None

Wednesday, 08/21/2013 3:45:01 PM

Wednesday, August 21, 2013 3:45:01 PM

Post# of 20722
PRPM bout to make $$$ Look inside!

ProTek Capital Announces LOI to Acquire MotoVox® Small Engine and Power Sport Products Manufacturer With Approximately $12 Million In Annual Revenue

DALLAS, August 15, 2013 -- ProTek Capital, Inc. (OTC Pink: PRPM) (“ProTek”) today announced entering into a Letter of Intent (LOI) agreement to acquire APT Group, Inc. (APT), a manufacturer and distributor of technologically advanced, environmentally friendly utility and power-sports products.
APT Group, Inc., (“APT”) is a Missouri registered corporation headquartered in Kansas City, MO and the holding company for the MotoVox® product line and SmartCarb® patented carburetor technology lines.


MotoVox® has become the fastest growing brand of small power-sport products in the world within it’s consumer price point of between $350 and $1,000. Founded in 2010, APT’s MotoVox® sales began in 2011, ending the year with nearly $6 million in revenue. In 2012, APT sold over 55,000 MotoVox® units, at an average price point of $350 per unit, through the major national “big box” and regional retailers. In 2012, MotoVox® sales volume more than doubled and management anticipates continued sales growth and market penetration in both the USA and overseas. 2013 will be a transition year for MotoVox® as management fortifies the Company’s already well-established foundation to capture dominating market share and establish the MotoVox® brand as a household name.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.