Regus Advisors, Inc., (http://www.regusadvisors.com) a private global merchant banking and advisory firm, announced that it has signed an exclusive Advisory Agreement with American Performance Technologies, LLC. (http://www.powerapt.com & http://www.motovox.com) to provide structure, strategic planning, corporate packaging, institutional capital and explore a listing on a stock exchange.
American Performance Technologies, LLC (“MotoVox®”) is a marketing, IP and light manufacturing company with product and market opportunities that are unique to the powersport and utility product industries. APT Group, Inc., (“APT”), is a Missouri registered corporation, whose headquarters, product development, and testing laboratory are domiciled in Kansas City, MO functions as the holding company for: APT IP Holdings, LLC, American Performance Technologies, LLC (operating company), APT Powersport & Utility Products, LLC (powersport vehicles and consumer utility products).
The Company reported revenue of $10.5M for 2012 and is forecasting $20M for 2013 and $68M for 2014. They are in the Big Box Retailers and order demand exceeds current supply capabilities. The Company will be preparing a financing plan for up to $5M in expansion capital.
Troy Covey, Chairman, stated, “Any informed industry observer understands powersport and utility sales and distribution model is broken. We have developed a new business model in the powersport and utility product space that ties our technology together with our pro-line and mass merchant distribution channels. In addition, we develop multiple products simultaneously at significant cost reductions due to the cross pollination of the pro-line and mass market retail product groups. Big box leaders predict our virgin category to be the next significant opportunity for both American and international chain stores.”
The Company is focused on three core competencies: (1) fuel systems, (2) 2-stroke internal combustion engine (ICE) and (3) hybrid-electric power-train. Each of these technologies constitutes a disruptive technology to their respective vertical markets. APT’s affiliated company (MotoVox®); develops, sells and distributes technologically advanced environmentally friendly propulsion systems, utility and power-sport products. The first line of products that the Company has introduced to the marketplace is a price point line of power sport products.
Regus Advisors, Inc., Chairman CJ Comu, stated, “MotoVox® represents the type of American style and ingenuity with the proprietary technology to win consumers and retail distribution. We are excited about this company and also look to open up foreign market distribution opportunities.”
About Regus Advisors Inc: Regus Advisors is a private global merchant banking firm that provides strategic and financial advisory services to private and public companies to include; structure, documentation, financing and exit strategies as well as listing on domestic or foreign stock exchanges. Regus Advisors is not a FINRA/FSA licensed broker/dealer and does not buy/sell securities. More Info: http://www.regusadvisors.com
About APT - MotoVox: American Performance Technologies, LLC (“MotoVox®”) is a marketing, IP and light manufacturing company with product and market opportunities that are unique to the power-sports industry. The Company’s Patented “Two Stroke Engines” are applied to a diverse product line that also includes Generators for on board, off board use. For more info visit: http://www.powerapt.com & http://www.motovox.com.
Safe Harbor Statement - This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward- looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Regus Advisors Inc. does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
