Kandi Technolgies Corp (KNDI)

[bullmarket2222]

Just a last reminder:


KNDI's Q2 financials will be reported on Monday Aug. 11. I expect a five to six fold increase in year over year revenues and some $.25 + GAAP net income up from a $.03 Q2 loss last year. What is most impressive is that all this has been created before the subsidies finally began with an initial $31 million payment for the PRC alone. I also expect total subsidies paid for the first half of 2014 to exceed $70 million. While KNDI does not get the subsidies directly, that cash going to ZZY will likely be all plowed into buying more EV products from KNDI. If that is not enough for you, then I am sure Mr. Rabizadeh would be happy to have you join him in his self-proclaimed short position.