MTVX Opinions 11/02/2014 06:37:25 $MTVX
APT LOOSES OWNERSHIP OF SONIC FLOW AND SMARTCARB PATENTS!!
APT signed over to Mazuma their IP "intellectual property" (PATENTS to their SONICFLOW and SMARTCARB) for a loan $6,718,743 and $6,781,906, respectively!!!
http://assignments.uspto.gov/assignments/q?db...frame=0083
In exchange for the loan. The lender (Mazuma) then grants a license to practice the IP (patents) back to the company (APT). As the lender now owns the IP, the lender has the right to exclude others from practicing it. ABSENT A LICENSE FROM THE LENDER (Mazuma), the borrower does not have the right to practice the IP and its value as a company is diminished, an outcome the lender does not want. Therefore the lender will need to license the borrower to prac- tice the IP. As a result, the lender is given ownership of the IP, while the borrower and ANY OTHER PARTY that is granted a license from the lender is free to market products using that IP.
Now as owner and lender of the (IP) (Mazuma) becomes directly involved in management of the borrower’s (APT's) business , to the extent the IP is central to that business. The assignment can put the lender (Mazuma) in the driver’s seat in regard to decisions about patents, including whether or how to license the patent, how to prosecute patent applications, and whether to enforce the patents against infringers.
From audited financials;
6. LINE OF CREDIT
On April 30, 2013, APT Powersport and Utility Products amended an original credit agreement entered into on June 30, 2011 with Mazuma Credit Union. The terms of the credit agreement include, 6.25% interest (rate as of financial statement date) through the maturity date of December 31, 2013. As of December 31, 2013 and 2012, the Company owed $834,265 and $998,947, respectively.
On December 29, 2011, APT Powersport and Utility Products amended an original credit agreement entered into on August 25, 2011 with Mazuma Credit Union. The terms of the credit agreement include, 6.25% interest (rate as of financial statement date) through the maturity date of December 31, 2013. As of December 31, 2013 and 2012, the Company owed $4,886,780 and $4,782,560, respectively.
On April 30, 2013, American Performance Technologies amended an original credit agreement entered into on November 10, 2011 with Mazuma Credit Union. The terms of the credit agreement include, 6.25% interest (rate as of financial statement date) through the maturity date of December 31, 2013. As of December 31, 2013 and 2012, the Company owed $997,698 and $1,000,399, respectively.
Total outstanding balance as of December 31, 2013 and 2012 for the above lines of credit, were $6,718,743 and $6,781,906, respectively.
Subsequent to the balance sheet date, the lines of credit were amended as follows: $500,000 was paid to Mazuma; the interest rate was increased from 6.25% to 9.25%; the maturity date was extended; and no further draws will be permitted on any of these lines of credit.
The lines of credit are collateralized by substantially all non-real estate assets of the Company, except the note receivable described in Note 5. With respect to accounts receivable, Mazuma is junior to the Company’sFactor.
http://www.sec.gov/Archives/edgar/data/148652...tvx_8k.htm
Thanks buddy and your welcome!
Gm all
Bravo!!! You were able to escape this awful pos stock and now your back dedicating your time to warn all the helpless new investors before they lose money here...you deserve a medal, you sir are the real MVP. Your not only making money in other stocks but you find time to come back to this board to warn all new comers of how bad of a stock this is. I mean really, this stock is horrible, real products and massive amounts of debt due to borrowing funds just to turn around and rob all of us helpless investors and although all these poor little investors should understand the risk here and do their own dd, you care so much that you tell them what they should or already know, me personally, if it doesnt put money in my pockets i wouldnt waste my time. Somebody give this guy a humanitarian award for his worthless efforts! Very few people here care about the business or the products, their here to trade the stock and the hype but miraculously some how they will listen to you and run. Somebody give this guy a round of applause!!!
For us or the company? Cause it sure would be nice to see some of that excitement down here...
Wrong I'm not down on this pos anymore. I was in this before the run, before the merger. Sold made some then bought back in then was down. Took along time (to long) of trading this p/d to get positive $. I will stay right here and keep on warning potential new investors of the risks of this pos. what they do is their choice. If the Co turns things around GREAT but we all know better. If anything this is just going to be a quick p/d nothing more.
Ps: idgaf who left or isn't posting anymore.
Frosr, dd and koolaid quit already and you are still here when this run up you will hit that bad karma from refraining other investors to make money here which you don't believe will happen but surely will do.. You are just hurt you came in at the wrong time. Like you said you came in at .028 and we all know that almost the peak of the last run. We are sorry for your poor decision making but don't try to influence those who can get in at the best price ever and even better than most of us. If you cant make money from here, the newcomers will definitely will but as for your position, it is almost impossible or you got to wait like 2years to get even. Crab mentality is just aweful brother.
sorry, not in the (actual) stores. Link you provided clearly states "Sold & Shipped by VMInnovations"
Nope not saying that at all. What I'm saying is this co has been to date a pos that uses it common investors as an ATM. If you or anybody can make money on this co hey good for you. That's what it's all about.
I'm telling it like it is, no fairy tales not making any negative crap up either. APT did this to the share price, not I or anybody else. They're the ones throw out empty promises/dates/financial #'s/ect. and just keep handing out shares at our expense and frankly that's BS.
Not going to pretend it isn't just to be able to unload on some poor sap who comes along thinking this is gods gift.
Karma will bite ya.
This stock is only good for only flipping and lately that has been damn near impossible to do. Hey maybe it will run a little who knows the power of the pump. I do know this is not a buy and hold as so many like to state. Not now and not until they start showing its investors they GAF with hard numbers. I don't want to hear about ppl showing interest or future possibilities those do not matter I want to see $ coming in not out. Cash is king!
Oh and lastly where can I go to get paid for "bashing" a company (if that's even true)? Please let me know because I would probably make a hell of a lot more.
GLTY T.
MTVX $$$ MotoVox Bikes in eBay. Sold 610 till now in this one store...610x$190=$115900
http://www.ebay.com/itm/231079850292
MTVX Website...Looking Cool
http://www.motovox.com/inv-rel.php
MTVX $$$ Motovox Bikes in WALMART Stores
http://www.walmart.com/search/?query=Motovox
MTVX $$$ Motovox Bikes in SEARS Stores.
http://www.sears.com/search=motovox?storeId=1...17=motovox
They are angry the .0002's are gone
Muhahahaha
Live by your name, you will be fine
See ya at .0005. , next week maybe I'll take you in a date to see a perfect 10
Sooooo ah, what you are saying is nobody should make money? This is the stock market right ? And you are pointing fingers at me? In a penny stock? You want to change the world go to wall street and demand your country back because it just got sold to china. I invested a year ago in this company. I still own the shares I purchased. I still buy. Do you own 1 share? If you do, then you are a moron for bashing. If you don't then you are just a paid basher.
See ya Monday love.
Yes!! Now your getting it. Your a little late but all is not lost yet I "hope". Even though all these other nice ppl trying to make ya rich I know.
The only thing that is going to need saving is my liver when I am throwing tequila down my throat from finding out I am able to get my 28k back.
APT MotoVox Receives Record Number of Dealer and Distributor Order Requests "PR Newswire (US)" - 10/27/2014 10:24:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 10/24/2014 4:05:03 PM
APT MotoVox Wins Rookie of the Year at 2014 AIMExpo "PR Newswire (US)" - 10/20/2014 10:30:00 AM
APT MotoVox Group, To Debut Seven New Products at 2014 AIMExpo "PR Newswire (US)" - 10/13/2014 1:43:00 PM
APT MotoVox Group, Inc. Launches MOTOPEDS New Online Store "PR Newswire (US)" - 10/6/2014 10:47:00 AM
Amended Current Report Filing (8-k/a) "Edgar (US Regulatory)" - 9/15/2014 4:48:24 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/12/2014 8:45:00 AM
APT MotoVox Group, Inc. Announces Acquisition of MotoPeds "PR Newswire (US)" - 9/12/2014 8:44:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/9/2014 4:07:14 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/29/2014 4:02:31 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/22/2014 4:03:25 PM
APT MotoVox Group, Inc. Doubles Orders in Q3 2014 to Mexico and Latin America "PR Newswire (US)" - 8/21/2014 8:58:00 AM
Notification That Quarterly Report Will Be Submitted Late (nt 10-q) "Edgar (US Regulatory)" - 8/15/2014 4:05:09 PM
Amended Current Report Filing (8-k/a) "Edgar (US Regulatory)" - 8/13/2014 9:22:54 AM
APT MotoVox Group, Inc. Predicts Record Sales of MBX Product Line for 2014 "PR Newswire (US)" - 8/6/2014 9:24:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/5/2014 4:02:31 PM
APT MotoVox Group, Inc. Announces Large International Order for MBX Mini Bike Line "PR Newswire (US)" - 8/4/2014 8:58:00 AM
APT MotoVox Group, Inc. Shareholder Update "PR Newswire (US)" - 7/23/2014 10:26:00 AM
Investor Updates on Growth Companies in the Small Cap Arena and Special Profile by SmallCapTraders.com "InvestorsHub NewsWire" - 7/16/2014 10:30:00 AM
APT MotoVox Group, Inc. Files Patent Infringement Lawsuit Against Monster Moto; Seeks Preliminary Injunction "PR Newswire (US)" - 7/15/2014 10:14:00 AM
APT MotoVox Group, Inc. Orders Increase Exponentially; Dealers Jumping On Board "PR Newswire (US)" - 7/14/2014 11:03:00 AM
APT MotoVox Group, Inc. Announces Change in Ticker Symbol to MTVX "PR Newswire (US)" - 7/11/2014 11:18:00 AM
APT LOOSES OWNERSHIP OF SONIC FLOW AND SMARTCARB PATENTS!!
APT signed over to Mazuma their IP "intellectual property" (PATENTS to their SONICFLOW and SMARTCARB) for a loan $6,718,743 and $6,781,906, respectively!!!
http://assignments.uspto.gov/assignments/q?db...frame=0083
In exchange for the loan. The lender (Mazuma) then grants a license to practice the IP (patents) back to the company (APT). As the lender now owns the IP, the lender has the right to exclude others from practicing it. ABSENT A LICENSE FROM THE LENDER (Mazuma), the borrower does not have the right to practice the IP and its value as a company is diminished, an outcome the lender does not want. Therefore the lender will need to license the borrower to prac- tice the IP. As a result, the lender is given ownership of the IP, while the borrower and ANY OTHER PARTY that is granted a license from the lender is free to market products using that IP.
Now as owner and lender of the (IP) (Mazuma) becomes directly involved in management of the borrower’s (APT's) business , to the extent the IP is central to that business. The assignment can put the lender (Mazuma) in the driver’s seat in regard to decisions about patents, including whether or how to license the patent, how to prosecute patent applications, and whether to enforce the patents against infringers.
From audited financials;
6. LINE OF CREDIT
On April 30, 2013, APT Powersport and Utility Products amended an original credit agreement entered into on June 30, 2011 with Mazuma Credit Union. The terms of the credit agreement include, 6.25% interest (rate as of financial statement date) through the maturity date of December 31, 2013. As of December 31, 2013 and 2012, the Company owed $834,265 and $998,947, respectively.
On December 29, 2011, APT Powersport and Utility Products amended an original credit agreement entered into on August 25, 2011 with Mazuma Credit Union. The terms of the credit agreement include, 6.25% interest (rate as of financial statement date) through the maturity date of December 31, 2013. As of December 31, 2013 and 2012, the Company owed $4,886,780 and $4,782,560, respectively.
On April 30, 2013, American Performance Technologies amended an original credit agreement entered into on November 10, 2011 with Mazuma Credit Union. The terms of the credit agreement include, 6.25% interest (rate as of financial statement date) through the maturity date of December 31, 2013. As of December 31, 2013 and 2012, the Company owed $997,698 and $1,000,399, respectively.
Total outstanding balance as of December 31, 2013 and 2012 for the above lines of credit, were $6,718,743 and $6,781,906, respectively.
Subsequent to the balance sheet date, the lines of credit were amended as follows: $500,000 was paid to Mazuma; the interest rate was increased from 6.25% to 9.25%; the maturity date was extended; and no further draws will be permitted on any of these lines of credit.
The lines of credit are collateralized by substantially all non-real estate assets of the Company, except the note receivable described in Note 5. With respect to accounts receivable, Mazuma is junior to the Company’sFactor.
http://www.sec.gov/Archives/edgar/data/148652...tvx_8k.htm
Thanks buddy and your welcome!
Gm all
Bravo!!! You were able to escape this awful pos stock and now your back dedicating your time to warn all the helpless new investors before they lose money here...you deserve a medal, you sir are the real MVP. Your not only making money in other stocks but you find time to come back to this board to warn all new comers of how bad of a stock this is. I mean really, this stock is horrible, real products and massive amounts of debt due to borrowing funds just to turn around and rob all of us helpless investors and although all these poor little investors should understand the risk here and do their own dd, you care so much that you tell them what they should or already know, me personally, if it doesnt put money in my pockets i wouldnt waste my time. Somebody give this guy a humanitarian award for his worthless efforts! Very few people here care about the business or the products, their here to trade the stock and the hype but miraculously some how they will listen to you and run. Somebody give this guy a round of applause!!!
For us or the company? Cause it sure would be nice to see some of that excitement down here...
Wrong I'm not down on this pos anymore. I was in this before the run, before the merger. Sold made some then bought back in then was down. Took along time (to long) of trading this p/d to get positive $. I will stay right here and keep on warning potential new investors of the risks of this pos. what they do is their choice. If the Co turns things around GREAT but we all know better. If anything this is just going to be a quick p/d nothing more.
Ps: idgaf who left or isn't posting anymore.
Frosr, dd and koolaid quit already and you are still here when this run up you will hit that bad karma from refraining other investors to make money here which you don't believe will happen but surely will do.. You are just hurt you came in at the wrong time. Like you said you came in at .028 and we all know that almost the peak of the last run. We are sorry for your poor decision making but don't try to influence those who can get in at the best price ever and even better than most of us. If you cant make money from here, the newcomers will definitely will but as for your position, it is almost impossible or you got to wait like 2years to get even. Crab mentality is just aweful brother.
sorry, not in the (actual) stores. Link you provided clearly states "Sold & Shipped by VMInnovations"
Nope not saying that at all. What I'm saying is this co has been to date a pos that uses it common investors as an ATM. If you or anybody can make money on this co hey good for you. That's what it's all about.
I'm telling it like it is, no fairy tales not making any negative crap up either. APT did this to the share price, not I or anybody else. They're the ones throw out empty promises/dates/financial #'s/ect. and just keep handing out shares at our expense and frankly that's BS.
Not going to pretend it isn't just to be able to unload on some poor sap who comes along thinking this is gods gift.
Karma will bite ya.
This stock is only good for only flipping and lately that has been damn near impossible to do. Hey maybe it will run a little who knows the power of the pump. I do know this is not a buy and hold as so many like to state. Not now and not until they start showing its investors they GAF with hard numbers. I don't want to hear about ppl showing interest or future possibilities those do not matter I want to see $ coming in not out. Cash is king!
Oh and lastly where can I go to get paid for "bashing" a company (if that's even true)? Please let me know because I would probably make a hell of a lot more.
GLTY T.
MTVX $$$ MotoVox Bikes in eBay. Sold 610 till now in this one store...610x$190=$115900
http://www.ebay.com/itm/231079850292
MTVX Website...Looking Cool
http://www.motovox.com/inv-rel.php
MTVX $$$ Motovox Bikes in WALMART Stores
http://www.walmart.com/search/?query=Motovox
MTVX $$$ Motovox Bikes in SEARS Stores.
http://www.sears.com/search=motovox?storeId=1...17=motovox
They are angry the .0002's are gone
Muhahahaha
Live by your name, you will be fine
See ya at .0005. , next week maybe I'll take you in a date to see a perfect 10
Sooooo ah, what you are saying is nobody should make money? This is the stock market right ? And you are pointing fingers at me? In a penny stock? You want to change the world go to wall street and demand your country back because it just got sold to china. I invested a year ago in this company. I still own the shares I purchased. I still buy. Do you own 1 share? If you do, then you are a moron for bashing. If you don't then you are just a paid basher.
See ya Monday love.
Yes!! Now your getting it. Your a little late but all is not lost yet I "hope". Even though all these other nice ppl trying to make ya rich I know.
The only thing that is going to need saving is my liver when I am throwing tequila down my throat from finding out I am able to get my 28k back.
APT MotoVox Receives Record Number of Dealer and Distributor Order Requests "PR Newswire (US)" - 10/27/2014 10:24:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 10/24/2014 4:05:03 PM
APT MotoVox Wins Rookie of the Year at 2014 AIMExpo "PR Newswire (US)" - 10/20/2014 10:30:00 AM
APT MotoVox Group, To Debut Seven New Products at 2014 AIMExpo "PR Newswire (US)" - 10/13/2014 1:43:00 PM
APT MotoVox Group, Inc. Launches MOTOPEDS New Online Store "PR Newswire (US)" - 10/6/2014 10:47:00 AM
Amended Current Report Filing (8-k/a) "Edgar (US Regulatory)" - 9/15/2014 4:48:24 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/12/2014 8:45:00 AM
APT MotoVox Group, Inc. Announces Acquisition of MotoPeds "PR Newswire (US)" - 9/12/2014 8:44:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/9/2014 4:07:14 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/29/2014 4:02:31 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/22/2014 4:03:25 PM
APT MotoVox Group, Inc. Doubles Orders in Q3 2014 to Mexico and Latin America "PR Newswire (US)" - 8/21/2014 8:58:00 AM
Notification That Quarterly Report Will Be Submitted Late (nt 10-q) "Edgar (US Regulatory)" - 8/15/2014 4:05:09 PM
Amended Current Report Filing (8-k/a) "Edgar (US Regulatory)" - 8/13/2014 9:22:54 AM
APT MotoVox Group, Inc. Predicts Record Sales of MBX Product Line for 2014 "PR Newswire (US)" - 8/6/2014 9:24:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/5/2014 4:02:31 PM
APT MotoVox Group, Inc. Announces Large International Order for MBX Mini Bike Line "PR Newswire (US)" - 8/4/2014 8:58:00 AM
APT MotoVox Group, Inc. Shareholder Update "PR Newswire (US)" - 7/23/2014 10:26:00 AM
Investor Updates on Growth Companies in the Small Cap Arena and Special Profile by SmallCapTraders.com "InvestorsHub NewsWire" - 7/16/2014 10:30:00 AM
APT MotoVox Group, Inc. Files Patent Infringement Lawsuit Against Monster Moto; Seeks Preliminary Injunction "PR Newswire (US)" - 7/15/2014 10:14:00 AM
APT MotoVox Group, Inc. Orders Increase Exponentially; Dealers Jumping On Board "PR Newswire (US)" - 7/14/2014 11:03:00 AM
APT MotoVox Group, Inc. Announces Change in Ticker Symbol to MTVX "PR Newswire (US)" - 7/11/2014 11:18:00 AM
