Replies to post #65948 on APT MotoVox Group Inc. (MTVX)

[greenecon]

now THAT would be nice to know...

[diannedawn]

I would like to know the answer to this...

It would be nice to know the total dollar amount that these legacy investors fronted to APT in the beginning, that way we could figure out what price they break even at.

P.S. I've been busy and can not PM anyway...I do not know that I believe that, although I can see the similarities. I am still on the fence about APT's management. I'm in wait and see mode...
Time will tell.
Not a clear answer, I know, but how can we be clear; when there is so much that we still do not know?

[Jadedsome]

This might help but I'm not sure if the 26,000,000 is inclusive of the 3.9 MM and the 7.7 MM or not.

Project Investment: $26,000,000
Employment: 276 over the next 5 years

Project Assistance

EDC staff aided in the delivery of state incentives. The State of Missouri has pledged apx. $3.9 million in Missouri Quality Jobs and recruitment assistance of new employees. In addition, APT was the recipient of a $7.7 million allocation of New Market Tax Credits.APT is a start-up operation, currently with 32 full time equivalent employees, with an average wage of approximately $60,000. APT projects increasing employment by 276 over the next five years with an average starting wage of $42,000. and an investment of $26,000,000.First year sales of the vehicles was apx. 30,000. Projected sales for 2013 is 100,000. Major retailers include Sears, Kmart and Costco.