ASX announcement today. VCM has contract with AAPT teco.This...

ASX announcement today. VCM has contract with AAPT teco.

This small company has had a difficult time since selling off it's frame-relay call center business a few years back.
Since then VCM have concentrated on Voice enabled solutions, and have teamed up with the world's best. Problem is, the tecnology is taking far longer to gain acceptance in the business world.

Because VCM could not sell their knowledge for upfront money, they started to install solutions on a pay as we go plan. In the last two years, that plan has drained the company of the millions it made selling off the other business, and as a consequence, the share price has plummetted.

BUT, they are still in business, and are starting to realize profit from those installations. And their technology is starting to be more widely accepted.

This new contract with AAPT is just another example of VCM gaining acceptance.

At just under a buck, down from $3 a couple of years ago, could be a good longer term investment. I've been in and out several times and never made a profit. But I like the tecnolgy and my present small investment is in the hope that one day be it will widely accepted.