Any reason for anyone to pickup more than crumbs?
The success Super Soco is what tells us something is wrong with VMT, they release a model and get $10.5m presales in a week!
How many models have we now released?
If VMT want money they can only tap the shareholders, no one will lend to them, no one will prepay for their product, no one will finance leases.
This is a clear indication the product is wrong and now we know the suspected crossovers between Super Soco and VMT were just wishful thinking.
On the plus side they will need our distribution network and manufacturing site, they will also have the cash to pay for it in no time flat
I'm in at 8c and will ride it till either takeover or failure, definitely wont pony up another cent for it though, it started and will remain a very small piece of my portfolio. (barring it 10 bagging of course)
VMT Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
