They cant READ SPELL or get anyone to buy their products either..lol
Only Deman China has seen is the 4,000 KANDI sold last quarter which topped ZOYTE for the first time in 2014.. Zaap demand= how much
toilet paper they can keep flowing to the bathrooms..
That some case of Alzheimer's you got there.. March 2014 Income Statement shows DECLINES in SALES by MORE then 50% .. so you boosted production when in the last 10Q the company revealed they are down to their last .5million of reserve income to keep the doors open. You and Madoff need to be roommates..
We have all figured out that Chinese Not buying ZAAP !
Chinamen ride bicycle and RENT KNDI when he need car ZAAP in deep dew dew.. so is HATEO, MUDHOLE and rkmtt in the same stew with OB.. .
The KANDI MACHINE opened up a location in Shanghai this week another series of parking /Renting sites.. Not sure ZAP can compete in this market anymore.. Better Capitalized players and KNDI now approaching 1 BILLION Market CAP will put this company in ...desperate straights.. it already announced in 10Q it was out of money as of June 2014.. Its August now.. Whne is the 2nd offering/reverse split.. looks like it will be soon.. Meanwhile go grab yourself some KNDI while its still in the 20's it won't be there long..
Somebody figured out out how to be "cheaper then Zap" in China.. and they are cleaning ZAAPs clock.. rofl.. well this stock has been mired in the 12 cent range for a long time.. Don't see it getting out of there if you can get cars + a parking space for only 4.00 per hour. ZAAP may be finished..
Going Long KNDI is a whole lot better then holding ZAAPS worthless paper..
OMG KNDI @ 20.00 again and threatening to take out $25 by the end of the month.. ZIP cars Chinese Style have taken hold... Now people question the need to even own a ZAP car.. Especially if you don't own parking space to go with it.. Cheaper to Get a KNDI car with its own parking garage!!! KNDI GEELY going to take ZAAPS market from them.. Not going to take it..ALREADY TOOK IT..
Kandi is building automated garages (see the video below produced by filmmaker Aaron Rockett) that hold between 30 and 300 cars apiece. They work like giant vending machines: Put in your card, out pops a car. While it will take time for Kandi to build the 750 such facilities it has planned for Hangzhou, the service is already operating and 50 garages should be in place by March.
For just $3.25 per hour, you can rent one of the Kandi cars. They are built in partnership with Geely, best known in the west as the company that bought Volvo. The vehicles are electric, with a range of 75 miles and a top speed of 50 miles per hour. While that might seem limiting, the vehicles are intended for urban use and the city speed limits max out at about 30 in Hangzhou. They resemble the Smart Car, which happens to be used by the Car2Go service, a Zipcar alternative that operates in Denver, San Diego and a handful of other American cities.
An important difference between Car2Go and Zipcar is that the former allows one-way rentals, as does Kandi. Anyone in New York or San Francisco who has experienced the nascent bike-sharing services there understands just how convenient that is. There is effectively dedicated parking to drop off the vehicle at either end of your trip and there’s no need to pay for the time you’re at a party or in a meeting. Kandi’s planned ubiquity should make the service compelling for more Hangzhou residents, even though it won’t offer the ability to just leave the car parked anywhere (as Car2Go does, with mixed success).
Kandi has an offer for people that also want something closer to ownership as well. They call it the “Long Lease,” though it will run 1-3 years, short to average by U.S. standards. For a single price of around $130-160 per month, you get insurance, maintenance and power.
Most Chinese won’t have the ability to install an electric-vehicle charger easily, but Kandi will solve the problem by swapping batteries, similar to what Tesla has proposed for super-fast “recharging.” Kandi will then recharge the batteries at its convenience. When Tesla showed of its version of the technology, CEO Elon Musk suggested it might be the best solution in urban areas where charging is hard to come by. The Chinese may well be ahead of the curve here, deploying today what the U.S. contemplates for tomorrow.
READ it yourself... if you can READ..
Regulation FD Disclosure, Financial Statements and Exhibits
Item 7.01 Regulation FD Disclosure
On August 12, 2014, the Company issued a press release announcing that its subsidiary, Jonway Auto, is realigning its production resources to support increased production of its electric vehicles by adding three production lines in its manufacturing plant in Zhejiang Province. These additional production lines will allow Jonway Auto to meet the increased demand for its electric vehicles.
A copy of the press release is attached as an exhibit to this Report.
Item 9.01 Financial Statements and Exhibits
Exhibit No. Description
99.1 Press Release dated August 12, 2014.
DECLINING.. when all is said and done a merger of 2 weak auto companies is one that should be avoided if you are a investor
Santa Rosa is a Front.. everything about this company is in CHINA they just hold on to LEASED office here so they can issue bogus Press releases.. This was a Reverse Merger by the Chinese.. RTO.. go look it up..
ZAAP has no lawsuits in 2014 because all its USA dealers LEFT their Sorry company in a RUSH to the EXIT.. All the 50 dealers it touted it had in years past in the USA are POOF ...
There is no one left carrying zap products.. BTW what are you going to get from using a $1000 and hour attorney on a company that has a NEGATIVE NET WORTH.. in share price and Market Value.. lol U too dumb to figure it out..
CHINA and Chinese people already know the market leaders for vehicles are BYD, Geely, SAIC,KNDI, TATA ,HONDA, VW,and Ford. So you can't fool any Chinese on releasing BOGUS press releases.. who is the only population you can try to fool? Duh... guess what because of the Internet THAT NO LONGER WORKS...
Now what u gonna do... i know... keep on releasing more fake PR's while the bank loans on this company have been extended 5 times by Chinese Bankers.. Last 10Q released say they didn't even sell enough auto's to pay the interest on the loans on any of them issued in last 5 years.. this company headed for a
'Going Concern' by its accountants.. not enough CA$H on books June 2014. Arent u glad its a pink shgeet OTCBB .. not much farther to fall is there..