Upward momentum continues., page-55

If your worries are solved by having manufacturing capability outside china you can stop worrying because you are on a sure thing. I love to punt but wouldn't touch the horses as there is far too much conflict of interest in the way the jockeys are paid.

Charles won't let his dream story end if there is some sort of problem with manufacturing in china. Neither of course will Bosh or any of the other critical suppliers.

He is building an Internationally focused company and has already stopped selling product in china and established *an international sales network,
*an R and D,/manufacturing JV with Super Soco in China and
*an Italian Distribution JV with Ducati.
*After sales centre/warehouse in Europe

If Super Soco is moderately successful in China then our existing factory will very soon be fully occupied supplying product to Super Soco for Chinese Distribution. We will of course be winning a manufacturing profit on half their sales.

One wonders if calling the JV the "Nanjing Vmoto Soco Intelligent Technology Co Ltd" (“Vmoto Soco”), means that the JV is site specific .

In the not too distant future I think we will be assembling the products for international distribution elsewhere.