Kndi is a reverse merger co.
so is Cali Gprc
even if Charter couldn't get the link right.
I just spent the last two hours going over not just the direct link on the linked page, but the associated links on each article. There really wasn't anything there new to me, but it does go to show why KNDI's market cap seems to be languishing at less then $150 million while TSLA's is over $3 billion when the odds that KNDI will be a bigger company then TSLA in just a few years seems obvious.
I did just shoot off an e-mail to Cathy Cao and Ken Donenfeldt asking them to be sure that Mr. Hu gets translated access to these articles so he also knows what we are fighting.
But one point that I think is very important here. Yes, KNDI was an RTO, BUT, and this is a very big BUT, KNDI has also now filed and cleared not one but TWO SEC registrations in just the past ten months. When a Company goes public through an IPO, it goes through an even less thorough Registration process with the SEC then KNDI had to go through to get its last two stock sale registrations approved.
The procedure for registering stock is similar at the time of the initial filing but in KNDI's case, since the Company has already been filing 10K's, 10Q's etc. for over three year, the SEC has a lot more to look at before approving the followup filings.
In either case, SEC registrations are not even close to being automatic. The company files the initial registration. The SEC assigns a liaison who in turn sends the filed documents to various specialists in the Agency. They in turn go over all provided and public information. Next they send back "comments". The Company then answers the comments. Usually this back and fourth goes on for three or more rounds. Only when all at the SEC feel comfortable is the Registration allowed to "Go Effective"
In each of the suspected fraud cases, I see no direct business tie-in with any Government entity. If there was a fraud with KNDI, it would also be against the PRC and local China Governments as well. If you read all of those articles, you would have noted that in one of the fraud cases, a guilty principal of the Company is now in jail in China facing execution. I don't think Mr. HU, who is guaranteeing over $20 million of KNDI's bank debt, while only taking a $23,000 a year salary, would want to swap his silk tie for a hemp rope.
Hey spaceboy. Nice soft bash. You and me r on the same thinkin pattern. Kind of jab it true da back door cause you ain't man enough to tell da truth. I'm hoppin I can get da share price down to 5.10 or so. Fill my position den change my name. Kinda what a spineless coward like you mite do.
thestreet.com entire series is here: http://www.thestreet.com/stock-market-news/10922214/the-shanghai-numbers/the-shanghai-numbers.html
It is sobering to say the least. It helps you understand, if you have any doubt, the headwinds that much be overcome for any Chinese reverse merger stock. It's an easy attack, and something you must be prepared to weather ... stop losses won't save you if it happens to your stock ... only real sustained execution over time.
Am I missing something? I read the link on the Street.com and Nowhere did I see Kandi being mentioned in that article.
But THANKS C154 I did see a great article about Canadian Lithium and just below it, it mentions KNDI and its incredible possibilities.
Saying Chinese Gov. Is planning to invest $15 Billion in EV's in next 10 years and is giving subsidies as it wants to have 500,000 EV's on the road by the end of next year. Didn't you read the link?
I was hoping someone would have fed you some poisoned Christmas cookies by now, but I bet you are spending Christmas alone..