Replies to post #42257 on APT MotoVox Group Inc. (MTVX)

[JJSeabrook]

UHHHH..because it was a public company? LOL

JJ


RickNagra Member Level Wednesday, 04/23/14 07:00:23 PM
Re: Cheds post# 42254
Post # of 42259
The old shell company. If that shell is worth $71 then why would Apt want them ?

[photo4u]

Please do like 2 minutes of DD before you post again

[Cheds]

Think about it this way. They purchased a great storefront with a great location for their business. Doesn't matter what's inside the storefront, it's all about the location (the shell)


It was a relatively clean shell which is why APt chose FROZ

[Carini]

Four words: motorcycle ice cream delivery.

[MiamiGent]

Hi RickNagra, To answer your question the value of the FROZ shell to APT is that APT has slipped into the FROZ shell presumably for less money and time than it would take APT to become a public entity from scratch.
While FROZ may have only $71 in the bank, its value lay in the fact it is an existing public company, having already gone through the laborious and expensive process of becoming one.
Don't let folks discourage you, Rick- we all started with very little knowledge. We learnt along the way as you are doing now.
Good luck!
MG