$MTVX For any investors that have not yet seen, there is a bit of an update on APT's website attempting to clear up confusion. I am and have been long here but have not liked what I have been witnessing as far as transparency here as of recent history(months not days). There has been no 8k of Mr. Dyess's departure and no formal updates from the company. Now, for the issue in question, once again regarding APT's transparency and character. They posted in the update that an ex-employee hacked their Facebook. Ok, no problem. That is believable. The glitch or omission is that, they also state in the update that, aside from Mazuma, they still retain ownership of the Smart Carb and Sonic Flow as being company IP. That said, if only the Facebook is said to have been hacked, why are previously noted intellectual properties missing from the Power APT company website. In light of the absence there(and the broken/blank Smart Carb link under the 'Innovation' tab on the Motovox website), the Motopeds website still depicts the existence of the Smart Carb in their product line by going to the 'Info' tab, clicking on "Why Motopeds' and then having to read only as far down as the 'Lower Your Carbon Footprint' section. What I am looking for is a bit more uniformity. Was only the Facebook hacked or was the Power APT site hacked too? If it was not hacked and the innovations still belong to the company, why were the tabs taken down for the Smart Carb, which then resolves the issue as to why the 'Innovation' tab is rendered invalid on the Motovox site? There are other issues here such as why some brokerages will only allow the sale - but not the purchase - of MTVX shares due to an 'illiquid charge/status. Scottrade is the brokerage I am referring to. I am guessing it has to do with the Ironridge case but is, in fact, hurting investors seeing as the share price suffers when buying is not permitted. I am liking the exposure I'm seeing of the MTVX product and the shipments going out. If press is any form of accurate as far as numbers are concerned, the defense magazine quoted 500 sold since February, the Kansas Lottery deal procured another 600, and a photo of 20 units looks to be a sign of product shipping as well. That is equal to 1120 units sold(1121 if you count Conan). So, we'll do a conservative calculation here seeing as the product has been sold with variations in price from $3200 to $4000 dollars per unit. At $3200, we have sales of $3,587,200 and at $4000 at a figure of $4,484,000, with amid-range estimate being $3600/unit at $4,035,600. With minimal sales at $3,587,200, based on the premise that the units sold is at minimum of 1121, it is obvious that sales are occurring. The next question remains as to what the profitability is after marketing, shipping, factory overhead(rent/power/water/gas/supplies such as lubricants, towels, degreasers, etc) payroll, and taxation owed. There is a lot to figure out here with this extended period of silence. Hopefully, we'll see good things with the company and with the resolution of all third-party debates that pans out in such a way that is favorable and profitable to all involved, shareholders included. I'm still holding my 13.66M shares here and have been all along. Fingers crossed that patience pays off here.
APT Moto Vox Group Inc. (MTVX) Stock Research Links
Do your own DD. Assume everyone here is either an amateur trader/investor or a paid interest such as a compensated pumper/basher. My posts are strictly for entertainment purposes. I am not on Wall St., do not work for a group, and only get paid when my personal investments materialize. I am only responsible for my own gains and losses; no one is to blame for my mistakes or for any advice taken from postings; likewise, I am not to blame for any advice you take of mine, regardless of gains or losses from doing so. Good luck to all; may you live long and prosper greatly.
