Those Guys already have been SELLING out!
Decreased Positions 369 Institutions 95,996,065 shares
State Street Dropped
Janus Capital Mgmt Dropped 16%
15 PAGES of Institutions with COMPLEtely sold out POSITIONS..
THINK u HAD BETTER GET YOUR INFO FROM A DIFFERENT SOURCE THEN YAHOO.. lol
well that oil price in China is sure not convincing many to buy an electric car.. think Lu & Wang in deep doo doo with the bankers and demand is non existent for anything but motorscooters and bicycles..
KNDI down 50% from where I bought it at !7.00 put 15k in this... wow am I am screwed with the Chinese slowdown.. Renting cars doe NOT pay off big to Investors.. on the Sales of cars would pay off..
CFO Resigned April 15 , 2015 The Same day the 10K was filed with SEC, but ZAAP Management wouldn't release the news nor Accept or PUBLISH/ANNOUNCE his resignation until May 15, 2015....
In the Interim they did release a bogus 8k about the USPS selected them. But USPS Regulations PROHIBIT them from Being labeled a Going Concern.
ZAAP labeled a Going Concern announce of DEFAULT on loan in 10Q Published late in May 2015...
Now in June 2015 Dr Lu and Mr Chong resign as company directors...
Alex Wang appointed as Chairman.
How long before this company called Jonway only?