Thursday, August 22, 2013 2:54:56 PM
PRPM MotoVox and APT DD
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.
In addition to core sales of the MotoVox® product line, the company holds patents for the SmartCarb® technology. The SmartCarb® is the culmination of more than 45 years of development of the single-circuit flat slide carburetor. The SmartCarb® combines all of the best features found in earlier flat slide, variable venturi carburetor designs. The environmentally friendly (‘Green’) design is a real world solution to satisfying a variety of emissions regulations and OEM performance requirements in small engine applications.
The APT management and engineering team brings over 100 years of experience in finance, legal, marketing, and product development.
ProTek Capital has historically concentrated on acquiring a portfolio of unique and promising, high-growth potential companies. The portfolio industry focus has changed and evolved over time and the MotoVox® acquisition would represent the next evolutionary step into the burgeoning market for low cost, high efficiency “greener” power-train systems.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91029017
APT SmartCarb Technology in action!
APT website: http://www.powerapt.com/
APT website link for SmartCarb: http://www.powerapt.com/smartcarb.php
SmartCard review by cycleplayground.com http://cycleplayground.com/index.php/tuning-by-mikes/22-apt-smart-carb-impressions
BETTER BY DESIGN.
That's the phrase that says it all. We are a technology company, and it's our passion for research and development that has led us to developing Motovox, a line of motorsports products that are better by design because we start with a blank page. We develop each model from the ground up. Our team has over 150 years of combined product design experience and Innovation is our mantra, which you will experience in everything we do.
PRPM Motovox on Youtube.
http://www.youtube.com/motovox#p/a/u/1/ZneHutHgUi4
PRPM ~ Motovox on Facebook
https://www.facebook.com/MotoVox
PRPM ~ Motovox on Twitter
https://twitter.com/MotoVox
http://www.motovox.com/Radio/MVXR.mp3
>> Motovox Full Product Line Website ~!
http://www.motovox.com/
PRPM ~ Motovox Retail Store locations include Sears, KMART, Walmart, Etc.
I have found over 120 within 100 miles
http://www.motovox.com/locate-a-motovox-retailer.php
PRPM ~ Patented SmartCarb Technology
The SmartCarb® is here and it's time to re-write the rule book.This proven design enhances performance, dramatically increases fuel efficiency and cuts emissions to less than half that of a standard carburetor or injection system. ?Developed by American Performance Technologies, the SmartCarb® is found exclusively on Motovox products
Great reviews from some of the most well known "big box" retailers such as Kmart, Sears, Yahoo, and Amazon!
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.
In addition to core sales of the MotoVox® product line, the company holds patents for the SmartCarb® technology. The SmartCarb® is the culmination of more than 45 years of development of the single-circuit flat slide carburetor. The SmartCarb® combines all of the best features found in earlier flat slide, variable venturi carburetor designs. The environmentally friendly (‘Green’) design is a real world solution to satisfying a variety of emissions regulations and OEM performance requirements in small engine applications.
The APT management and engineering team brings over 100 years of experience in finance, legal, marketing, and product development.
ProTek Capital has historically concentrated on acquiring a portfolio of unique and promising, high-growth potential companies. The portfolio industry focus has changed and evolved over time and the MotoVox® acquisition would represent the next evolutionary step into the burgeoning market for low cost, high efficiency “greener” power-train systems.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91029017
APT SmartCarb Technology in action!
APT website: http://www.powerapt.com/
APT website link for SmartCarb: http://www.powerapt.com/smartcarb.php
SmartCard review by cycleplayground.com http://cycleplayground.com/index.php/tuning-by-mikes/22-apt-smart-carb-impressions
BETTER BY DESIGN.
That's the phrase that says it all. We are a technology company, and it's our passion for research and development that has led us to developing Motovox, a line of motorsports products that are better by design because we start with a blank page. We develop each model from the ground up. Our team has over 150 years of combined product design experience and Innovation is our mantra, which you will experience in everything we do.
PRPM Motovox on Youtube.
http://www.youtube.com/motovox#p/a/u/1/ZneHutHgUi4
PRPM ~ Motovox on Facebook
https://www.facebook.com/MotoVox
PRPM ~ Motovox on Twitter
https://twitter.com/MotoVox
http://www.motovox.com/Radio/MVXR.mp3
>> Motovox Full Product Line Website ~!
http://www.motovox.com/
PRPM ~ Motovox Retail Store locations include Sears, KMART, Walmart, Etc.
I have found over 120 within 100 miles
http://www.motovox.com/locate-a-motovox-retailer.php
PRPM ~ Patented SmartCarb Technology
The SmartCarb® is here and it's time to re-write the rule book.This proven design enhances performance, dramatically increases fuel efficiency and cuts emissions to less than half that of a standard carburetor or injection system. ?Developed by American Performance Technologies, the SmartCarb® is found exclusively on Motovox products
Great reviews from some of the most well known "big box" retailers such as Kmart, Sears, Yahoo, and Amazon!
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.