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Re: None

Wednesday, 11/09/2016 9:31:59 PM

Wednesday, November 09, 2016 9:31:59 PM

Post# of 3876
To me this horrible EPS report is only a temporary setback. The PR stated that there was a DELAY of subsidy payments ... NOT a suspension or stoppage of subsidy payments. We all know thatin 2017 that there will be a gradual reduction in subsidies... but not stoppage. We'll see as time unfolds. PPS holding up under pressure.

Clearly though, KNDI needs the subsidies to remain profitable at this point in time. They are not capable of standing on their own two feet to make a profit. Not yet.
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