afd,I agree with your assessment. I’ve recently tried to post...

afd,

I agree with your assessment. I’ve recently tried to post similar sentiments but could only do so obliquely hoping that people would see the clues and the mods wouldn’t ban me (yet again)

The Nanjing Haiyong debacle should have pricked everyone’s curiosity, but sadly didn’t. The SS story will be just as “interesting” when the end game is finally played. Bottom feeder shareholders like us will not be winners.

No one seems interested to learn who is paying for the staffing, logistics, expertise and management of the SS operation. The lack of transparency is as bad as everyone’s lack of curiosity.

What is Vmoto today? A factory and $4 million in the bank. It manufactures a couple of thousand scooters at a loss every year. It’s little more than a facade.

Only three things to keep in mind: the entire asset base is in China, Australian laws are unenforceable there and self interest trumps everything.

.................

Gotta, good to see you’re joining the dots. I only need one more piece of the puzzle which you may be able to help me with. When did Patrick unload his huge shareholding in VMT? I have a feeling I know but just need confirmation.