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BlueRayn

05/20/14 12:34 AM

#62726 RE: Kool Aid Man #62723

No....this is what the company said:" The subordination took months to complete causing us to miss much of our spring 2013 business. Shortly after the subordination agreement was signed, the new receivable lender capped the production capital line. Due to these challenges, we made the decision to fast track our plans to take the company public."

It's been quite awhile since the Spring of 2013. Plus, selling of assets, removal of debt, lower production costs, new products, patents, pro-line, contracts, Latin America expansion, new engine all point to a "valuation" that could possibly drop the shock and awe on fence sitters. imo only.... GLTA

polarfire

05/20/14 12:42 AM

#62727 RE: Kool Aid Man #62723

Notice the part that said almost 25 million in under 3 years? Pretty sure they gave us a hint for what to expect. Subtract 2011 and 2012 revenues from 25 million.

polarfire

05/20/14 12:45 AM

#62728 RE: Kool Aid Man #62723

Notice the part that said almost 25 million in under 3 years? Pretty sure they gave us a hint for what to expect. Subtract 2011 and 2012 revenues from 25 million.

sprtcrdlui

05/20/14 7:03 AM

#62739 RE: Kool Aid Man #62723

I personally don't see how a company can basically miss virtually the entire spring's worth of business --and then spend the rest of the year scrambling to line up financing-- and magically emerge with with impressive growth. This is just my personal conclusion from reading the tea leaves.

The reason was the Cold winter. But as we enter summer, I think APT will increase their Revenues. More people will start to buy Recreational Products. Lui