Late 10K released Same ZAP story MORE LOSSES, MORE Excuses
ZAP has a history of losses and ZAP Jonway’s future profitability on a quarterly or annual basis is uncertain, which could have a harmful effect on ZAP Jonway’s business and the value of ZAP’s common stock.
ZAP incurred net losses attributable to ZAP of $15.0 million, $21.8 million and $40.8 million, for years ended December 31, 2013, 2012 and 2011, respectively and has had net losses in each quarter since its inception. Jonway incurred net losses of $14.2 million, $ 19.1 million and $10.2 million for the years ended December 31, 2013, 2012 and 2011, respectively.
More net losses to shareholders.. 2 ZAP businesses secured by Cathaya and ZAP went out of business ZAP Hangzhou and Zapple. Holley looks like they made and Exit too Away from ZAP...
