High Power International, Inc. (HPJ)

[bigfred1]

I just listened to the webcast. Very disappointed to hear the Anshan deal is still in the "evaluating stage". About "DJI" : As with any new customer we do an initial shipment and we HOPE that the relationship will continue.
I remember last year they shipped to Costco batteries and that relationship stopped. I HOPE it will continue with DJI. HPJ intends to ship ESS by month end and a PR will follow. Even though the product will not show up until July in the U.S. some guaranteed sales (according to Martik) will occur in JUNE. Looking at the financials the receivables went up by some 700k. Liabilities went down by 5.7 millions. The equity per share went down by a penny and the stock price is 1 dollar lower to 1.82.
I see a spike in the stock price when the ESS pr is released but until we see significant revenue increase in August report we will linger in the low 2's.