The dreams are getting sweeter though. In the context of factory...

The dreams are getting sweeter though.

In the context of factory capacity and nett asset backing the units sold seem minuscule but at the current share price they are looking good.

To put sales into some perspective, 2018 could well deliver one unit sold per $600 of current market cap.

We don't yet know what each units worth and what the margins are but all will be revealed in the first half accounts now the business has been simplified.

Unlike the JV sales which were manufactured in leased premises using our trade mark, the International products are built in owned premises on owned production lines which boosts the nett profit substantially and we are now earning $210k per annum on the owned space Soroco uses and the Power Eagle trademark to help offset corporate overheads.

I'm keen to find out what volume of sales we need to break even. Once we pass that number gross margins which should be substantial given the owned premises go straight to the bottom line.

Growing sales is critically important and there has been a lot of work done laying the foundations for that to happen..

I don't know if you were able to read the blurb on the UK distributors capital raising before it was removed ??? but I was interested to learn that the guy behind the UK distributor was for many years VMOTO's lawyer so has a long association with the company. The projected short payback time on leasing was also pretty remarkable. The internet and crowd funding models have certainly simplified and provided cost effective means of raising funds.

A lot of positive drivers are emerging.