TRX250R.ORG

Workshop => Carburetor, Intake, and Exhaust => Topic started by: d-rock on October 10, 2015, 03:52:59 PM

Title: Smart Carb.
Post by: d-rock on October 10, 2015, 03:52:59 PM: Is smart carb out of business? I was on apt's web site today and don't see it there anymore.

Thanks Derek.
Title: Smart Carb.
Post by: 2ndmoto on October 10, 2015, 04:14:21 PM: Probably an issue with their server, or revamping.
Title: Smart Carb.
Post by: Skeans1 on October 10, 2015, 06:04:50 PM: They changed the name of the company I can't remember exactly what the name is now.
Title: Smart Carb.
Post by: hickwheeler on October 10, 2015, 06:52:24 PM: the new name is technology elevated
Title: Smart Carb.
Post by: Allison#51 on October 11, 2015, 02:23:27 AM: From what I seen looked like Corey Dyess split from smartcarb and is starting technology elevated. I'm not sure what the falling out was haven't bugged him about it yet.
Title: Smart Carb.
Post by: Pumashine on October 11, 2015, 12:55:22 PM: I doubt I will be telling people I have a technology elevated carb :rofl: I will go with a TEC
Title: Smart Carb.
Post by: Pumashine on October 11, 2015, 07:40:54 PM: I found it http://technologyelevatedco.com/
Title: Smart Carb.
Post by: d-rock on October 11, 2015, 11:49:38 PM: Thanks guys.
Title: Smart Carb.
Post by: rablack21 on October 12, 2015, 08:49:06 AM: I don't think Corey will mind me sharing these details with you. So for a little update without getting into too many details, Corey and his business partner have split. Corey was focused on the Smart carb development and sales progression, and his business partner was interested in other things. I am guessing there may be a fight as to how the name "APT" is handled and dealt with so I'm guessing that Corey opted to start a new business name to not have a lag in business. Corey's new business, Technology Elevated, is still producing smart carbs and working on some newer products as well.
Title: Smart Carb.
Post by: sameltoe on October 12, 2015, 09:17:02 AM: I was wondering what the name change was for, noticed ot on facebook...
Title: Smart Carb.
Post by: Jerry Hall on October 12, 2015, 11:16:42 AM: Quote from: rablack21;59750
I don't think Corey will mind me sharing these details with you. So for a little update without getting into too many details, Corey and his business partner have split. Corey was focused on the Smart carb development and sales progression, and his business partner was interested in other things. I am guessing there may be a fight as to how the name "APT" is handled and dealt with so I'm guessing that Corey opted to start a new business name to not have a lag in business. Corey's new business, Technology Elevated, is still producing smart carbs and working on some newer products as well.

What about all of the "ranchers and farmers" that invested money to get the company off of the ground. Are they going to be left holding the bag?
Title: Smart Carb.
Post by: rablack21 on October 12, 2015, 11:23:36 AM: Quote from: Jerry Hall;59758
What about all of the "ranchers and farmers" that invested money to get the company off of the ground. Are they going to be left holding the bag?
Not really sure what you are referring to. Everyone that pre-ordered a carb received it. And the company is not out of business, like you are insinuating. They only changed names, and the company is owned by one man instead of 2 now. Happens all the time.

And on a side note, even if they were, investing in a company doesn't guarantee return on investment. Anyone who has money to invest in a company should know that.
Title: Smart Carb.
Post by: Jerry Hall on October 13, 2015, 12:04:48 AM: Quote from: rablack21;59759
Not really sure what you are referring to. Everyone that pre-ordered a carb received it. And the company is not out of business, like you are insinuating. They only changed names, and the company is owned by one man instead of 2 now. Happens all the time.

And on a side note, even if they were, investing in a company doesn't guarantee return on investment. Anyone who has money to invest in a company should know that.

I have made a lot of money in the market and I have lost a lot of money in the market. I am aware of the risk involved in investing. The stock market is powered by greed and fear but time will eventually reveal the truth.

It is not about filling back orders or the company being out of business. Because something is legal does not mean it is ethical.

The following is year old news but I could not find anything that makes things look better for ATP

A quote from Micocap daily

"The big story here seems to be massive dilution; one look at the 10Q filed on November 14, 2014 and you know there is serious trouble here; MTVX has massive debt that completely overshadows everything else showing $3,796,588 in accounts payable and $3,698,953 in accrued liabilities as well as $26,979,633 in long term debt."

Something is not right when their stock price closed at .0001 cents per share where it has been for most of this year. That means you can buy 10,000 shares of their stock for 1 penny. It is not even listed on the major exchanges, it is a bulletin board stock. Last time I check ATP was owned by a Delaware holding company. I had a chance to invest and get in on the ground floor years ago. If I had invested $100,000.00 it would be worth $200.00 at the end of today.

PM your phone number to me and I will tell you what I know.
Title: Smart Carb.
Post by: rablack21 on October 13, 2015, 08:15:12 AM: Yes, Motovox screwed the pooch pretty badly. That was a venture that Corey's partner went after and then drove up the debt. That is why Corey split from him. Because Corey hasn't specifically given me permission to give any "in confidence" details, this is as much as I would like to say.

What I can say is Corey is a great guy. He loves two strokes and is extremely knowledgeable about them. And any products that come from his camp are an effort to make two strokes better.