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Saturday, 02/15/2014 9:00:31 PM

Saturday, February 15, 2014 9:00:31 PM

Post# of 262
FROZ signs letter of intent to merge with Motovox.


Mon, 10 Feb 2014 13:02:00 GMT ~ Frozen Food Gift Group, Inc. Announces LOI to Merge with MotoVox® Small Engine Technology and Power Sport Products Manufacturer; Averages Eight Million Dollars in Annual Revenue Projecting to Double Revenues in 2014
[PR Newswire] - SAN DIEGO, Feb. 10, 2014 /PRNewswire/ -- Frozen Food Gift Group, Inc. (FROZ) today announced a letter of intent (LOI) agreement to merge with APT Group, Inc., a manufacturer and distributor of technologically advanced, environmentally friendly utility and power-sports products. APT Group, Inc. is a Missouri registered corporation headquartered in Kansas City, and is the holding company for the MotoVox® motorsport product line, SmartCarb® patented fuel system, and the Sonic Flow small engine technology lines (http://www.motovox.com/, and http://www.powerapt.com/). MotoVox® has become the fastest growing brand of small engine price-point power sport products in the world, with nearly 100,000 power sport products sold to date earning nearly $25 million in less than three years of commerce. In 2011, MotoVox® sold over 15,000 units, at an average price point of $400 per unit, through the major national "big box" and regional retailers. In 2012-13, MotoVox® sales volume nearly tripled and management anticipates continued sales growth and market penetration in both the U.S. and overseas. This year will be a transition year for MotoVox® as management fortifies the Company's already well-established foundation to capture dominating market share, expand to international markets and establish the MotoVox® brand as a household name.
read full: http://finance.yahoo.com/news/frozen-food-gift-group-inc-130200012.html

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