Ann: Settlement with Soco Shanghai, page-14

Admit it V, we were strong armed into handing over a whole lot more money. This outcome is completely different to what you yourself were predicting just a few months ago, which was: zero further cost, since we had already bought everything we wanted, and Super Soco's share of the JV now null and void as they had never paid their half of the establishment funds.

It has still been a good deal overall though, if one looks back at the money we have made over the years, from sales of Super Soco models produced by VmotoSoco. However, lets not kid ourselves that it has not ended up costing a lot more than any of us here we figuring on.

We do now have what appears to be all the remaining Super Soco IP, even if a lot of it is of lower importance to VMT. However, as I already said, I am happy to see VMT acquire the Super Soco marks. I hope they are put to good use.

All IMO.