Wow! I've been waiting to hear how the saga would end. I...

Wow!

I've been waiting to hear how the saga would end. I couldn't be more impressed with the management team.

Unbelievable result.

A small price to pay to own Super Soco's assets lock stock and barrel and clear the litigation slate. All down to the deals they were able to negotiate on the journey to this point.


Chalk and Cheese:

Following its start up, Super Soco, flushed hundreds of millions down the drain developing very good products which Vmoto marketed and distributed winning number one seller awards in Europe.
*Super Soco slowly destroyed all their investors capital.
*Vmoto made excellent profits.

100% of the Manufacturing company.:

They gave 50% away to get the right to make excellent profits distributing Super Soco products and just got it and the ability to sell into the Chinese market back for a very small price.


Eliminating Separate management:

Mergers and acquisitions always result in eliminating layers of duplicated management.

The manufacturing business is still in start up phase and has been loosing money ( half the losses adding to Super Soco's financial woes) but the worst is likely passed and if the new factories aren't pie in the sky it is about to become a significant profit earner.

Conclusion:

Bloody Brilliant.