VMT 4.17% 12.5¢ vmoto limited

Ann: Settlement with Soco Shanghai, page-26

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 275 Posts.
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    The way i read the announcement is that Soco will transfer all the REMAINING patents and designs and that VMOTO pay A LUMPSUM to Soco. It doesn't state that VMT are paying $6.5m to buy patents and designs and trade marks. Besides the $2.9m (or whatever the amount was) has been already paid. We will find out soon enough.
 
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