Ann: Vmoto drives European sales with MotoE agreement, page-9

Sorry to be cynical about this MotoE Announcement, but here is another PR release full of fluffy statements about the good but generalised outlook for the E2V Market, but with nothing precise about VMT's expectations within this opportunity. The promotional idea is fine, but there is no indication of the size of the investment vs what VMT might get out of it. Promotional activity is great, but there should be clear and achievable objectives, otherwise the Company will just slowly dissipate its funds without any significant impact on results. There is not that kind of money to throw around on ego projects in this tiny corporation.

Still failing to get 'down and dirty' with the volume business opportunities imo, and still ignoring the need to give reasonable forward financial guidance for investors. We urgently need some more real data on sales results, which should hopefully be very positive, otherwise SP will just continue to drift along. I still believe that we are living with a major cultural issue at VMT; an Australian enterprise with aspirations in Western and liberalised Eastern markets, but with a not-untypical Chinese lack of transparency and communication.

Best to all. 2000.