Ann: AGM Investor Presentation, page-39

Can only agree with Littlecorn, Using a model that does not own any cars , but uses others has to work on very thin margins, because you must compensate the car owner.

This being the case it requires at least 1000 cars to be subscribe or leased out to break even.

At this time they are not even close to doing 1000 cars or equivalent turnover and can't see it for some time.

Management really need to consider where they are going with this company and to develop a successful business model. They have had years to think about it and gone nowhere.