Replies to post #102630 on APT MotoVox Group Inc. (MTVX)

[RockRoll]

"Every detail about the "cerner land deal" has been nothing but conjecture by this board..."

Yes, and some on this board connected that portion to the Cerner deal. Are they right? I don't know, we shall see.

Just like when some conjectured the purchase of Motopeds, and were challenged, but were proven right.
And that the Fins were never going to be released, but finally were (albeit, later than projected).
And that we'll never be in the trips.

As with everything here --- time will tell.

[PennyHeaven7]

Arizzle, looking back on the CERNER Land deal they do mention that they just approved a additional purchase of 50-Acres of Land & buildings that they did not initially purchase last year.

APT MotoVox Group, Inc., Historical Overview

From 2008 to 2013, APT invested over $20M in the development of technology, an emissions testing laboratory, product development and the acquisition of an 18 acre campus of land and buildings.

That adds up to Appx 2-Million dollars per Acre , and APT/Motovox just so happens to own 18-Acres Plus two buildings. $$$$$

In September, the total cost was estimated at $4.3 billion, and the city and state subsequently approved $1.635 billion in public support for the project. But the amended plan seeks an additional $110 million in public support to cover recent improvements to the plan, including 50 additional acres (for a total of 290) and 200,000 additional square feet of construction (for a total of 4.7 million).


http://www.kansascity.com/news/business/development/article739283.html

http://m.bizjournals.com/kansascity/news/2014/07/15/tif-commission-cerner-campus-approval.html

http://finance.yahoo.com/news/apt-motovox-group-inc-shareholder-142600377.html

[PennyHeaven7]

Arizzle, whats that saying ?? ha, ha, oh yes!!, a Picture or in this case a TV Channel 9 news- official Video recording is will worth 1,000 BS words.

go to time frame 1:09 their you will see for yourself a picture of our APT/Motovox 110,000 Feet Distribution Center, and the TV announcer saying CERNER is buying it and all the land around IT. YES $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ IMO WINK!!!!!!!!

ENJOY--

[PennyHeaven7]

All things in their time, as they say, not your time frame, not even mine, so I will just sit back and wait with extra patience until a official PR explains what non-revenue assets the following PR is talking about, could it be the CERNER Deal after all ??. Just a Guess on my part , Ha, ha WINK $$$$$$$$$$ IMO

Second Initiative – The sale of "non-revenue" producing assets

APT has accepted an offer for the sale of certain non-core corporate assets that do not produce revenue and are not vital to operations or the Company's long term business plan. The transaction is scheduled for closing in September 2014. The proceeds are targeted for the direct retirement of debt instead of selling equity, which will result in improvements to the Q3 balance sheet, cash flow and operating expenses. The asset sale will result in a nearly 40% reduction of debt on the balance sheet. In addition, the sale of these assets will significantly reduce operating expenses.

Third Initiative – Restructure and improve the balance sheet

We have strengthened our current balance sheet through the conversion of seasoned debt to equity, with the added impact of improved cash flow. This action provided the following benefits:
1.Nearly three million dollars of debt has been removed from the Q2 balance sheet.
2.Raised immediate cash for: 1.Development and launch of new SKUs for 2014 and new SKUs for early spring of 2015
2.The testing, development and presentation of fuel systems for marine applications
3.Fees for the PCAOB Audit
4.Cash flow during off season sale months
5.Securing lower cost production financing
6.Production capital for international orders


Key impacts of the restructured balance sheet are:
1.Between $600,000 to $800,000 annual savings in interest expenses
2.A stronger balance sheet with improved performance ratios


http://ih.advfn.com/p.php?pid=nmona&article=63023848