VMT 0.00% 13.0¢ vmoto limited

Ann: Update on Vmoto's Netherlands B2B Customer, page-20

  1. VYR
    4,575 Posts.
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    If the equity and debt markets hadn't closed to unprofitable companies Green Mo could have kept destroying their shareholders capital and passing some of it on to us via profits on the sales we made to them.

    Not hard to see the positives. We will be in a much safer situation dealing directly with solid business customers who have work for the bikes 24/7 than Selling to green mo who have a massive investment in a ride share start up that has no established or reliable cash flow from the ride share fleet. Mixing chalk with a vintage cheese just ruins a great cheese.


 
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