Replies to post #51890 on APT MotoVox Group Inc. (MTVX)

[tickers]

Here's where it comes from:

http://www.prweb.com/releases/2013/5/prweb10701283.htm

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.”

[sammy1024]

if this has revenues of 20 milion, then a marketcap of 100 million seems right. so .02 is the target