Unique Mobility, Inc. (UQM) Message Board

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Non-Tech : Unique Mobility, Inc. (UQM)

UQM 1.710

0.0%

Jul 31 5:00 PM EST

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To: WALT REISCH who wrote (28)	5/13/1999 11:03:00 AM
From: JanyBlueEyes	of 107

Unique Mobility Europa Gmbh From a post on Yahoo messages.yahoo.com : by: clarkkent90 433 of 435 I've heard of selling on the news, but the action in this stock the last two days is ridiculous given the importance of this announcement. Apparently, without spending any UQM money (the new venture is being funded through a mixture of private financing and state of Saxony grants), UQM owns 33.6% of Unique Mobility Europa Gmbh (UME), has the EXCLUSIVE right to manufacture and supply electric and electric-hybrid propulsion systems to the company, a company that has an agreement with TECHNO/TECAR to distribute the company's products throughout continental Europe. TECHNO/TECAR is a cooperative of the leading franchised dealers of Audi,BMW,Fiat,Ford,DaimlerChrysler, Opel, Volvo and Volkswagen. It is headed by two of Volkswagen's largest and most influential dealers. Both have provided and have agreed to continue to provide market and product planning consultation to UME. For those of us who are buying and holding, this is what we have been waiting for.

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